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		<title>Arabianbusiness.com - Saudi Basic Industries Corporation (SABIC)</title>
		<description>ArabianBusiness.com - Business and Industry News coverage of the Middle East including Stock Markets, Events, Video and Audio.</description>
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		<pubDate>Thu, 26 Nov 2009 23:56:20 +0400</pubDate>
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			<title>Saudi index down, banks and petchems weigh</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=574172&amp;Itemid=1</link>
			<description><![CDATA[All share index TASI falls 0.76% to 6,270.75 point; SABIC slips 0.92%.]]></description>
			<category>Financial Markets | News</category>
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			<title>SABIC unit signs deal for Saudi steel plant</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=573654&amp;Itemid=1</link>
			<description><![CDATA[Industrial giant inks agreement with Italian firm Danieli for construction of Jubail facility.]]></description>
			<category>Construction &amp; Industry | News</category>
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			<title>Saudi shares end higher on banks, telcos</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=573441&amp;Itemid=1</link>
			<description><![CDATA[All-share TASI index closes a volatile session 0.68% higher at 6,296 points.]]></description>
			<category>Financial Markets | News</category>
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			<title>Petchems help Saudi end higher</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=572731&amp;Itemid=1</link>
			<description><![CDATA[The Saudi index TASI ends up 0.12 percent to 6,351 points, led higher by SABIC.]]></description>
			<category>Financial Markets | News</category>
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			<title>SABIC posts 50% drop in Q3 profits</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=570896&amp;Itemid=1</link>
			<description><![CDATA[World's largest chemical company makes net profit of $960m in third quarter of 2009, beats analyst forecasts.]]></description>
			<category>Construction &amp; Industry | News</category>
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			<title>Saudi shares up, Safco down on poor Q3</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=569966&amp;Itemid=1</link>
			<description><![CDATA[Saudi Arabia's benchmark TASI closes at 6,371 points, up 0.89 percent.]]></description>
			<category>Financial Markets | News</category>
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			<title>Saudi shares end lower after 10-day rally</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=569216&amp;Itemid=1</link>
			<description><![CDATA[All-share TASI index closed 0.9 percent lower at 6,265 points on Saturday.]]></description>
			<category>Financial Markets | News</category>
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			<title>Banks power Saudi index to 2009 high</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=568548&amp;Itemid=1</link>
			<description><![CDATA[News of brokered deal between Saad Group and local creditors peps bank stocks.]]></description>
			<category>Financial Markets | News</category>
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			<title>Air Products seals Samsung contract for Saudi SABIC unit</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=568245&amp;Itemid=1</link>
			<description><![CDATA[US industrial gases group wins deal for air separation unit at NIGC Al Jubail facility.]]></description>
			<category>Energy | News</category>
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			<title>The petro top ten decision makers</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=567026&amp;Itemid=1</link>
			<description><![CDATA[PME ranks the region's most powerful people behind the biggest budgets in the industry.]]></description>
			<category>Energy | Features</category>
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			<title>Saudi bourse ends 7-day losing streak</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=566808&amp;Itemid=1</link>
			<description><![CDATA[3 insurance firms, favoured by day-traders, make it among the day's top 5 gainers.]]></description>
			<category>Financial Markets | News</category>
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			<title>Saudi shares jump; track US, oil</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=565517&amp;Itemid=1</link>
			<description><![CDATA[The benchmark TASI rises 2.29 percent at 5,751 points, with SABIC gaining 7.1 percent.]]></description>
			<category>Financial Markets | News</category>
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			<title>Sabic, Mitsubishi to set up $1bn joint venture</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=564327&amp;Itemid=1</link>
			<description><![CDATA[Firms have signed a deal to set up a Saudi plant that is due to start production in 2013.]]></description>
			<category>Construction &amp; Industry | News</category>
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			<title>SABIC helps Saudi stocks to higher close</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=563470&amp;Itemid=1</link>
			<description><![CDATA[Saudi Arabia's all-share TASI index ended 0.14 percent higher at 5,786.31 points.]]></description>
			<category>Financial Markets | News</category>
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			<title>Petchems lead Saudi to one-month high</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=562907&amp;Itemid=1</link>
			<description><![CDATA[The all-share TASI index closed 2.8% higher, its highest level since June 21.]]></description>
			<category>Financial Markets | News</category>
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			<title>SABIC, Exxon talk to Saudi petchem plant bidders</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=562739&amp;Itemid=1</link>
			<description><![CDATA[Companies will issue bid packages for Jubail plant by year-end, say contracting sources.]]></description>
			<category>Energy | News</category>
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		<item>
			<title>SABIC to increase output by 2012</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=562428&amp;Itemid=1</link>
			<description><![CDATA[World's largest petrochemicals firm says it sees no immediate improvement in energy prices.]]></description>
			<category>Energy | News</category>
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		<item>
			<title>Saudi Basic Industries Q2 profit plummets on crisis</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=562328&amp;Itemid=1</link>
			<description><![CDATA[SABIC posts 76% drop in Q2 net profit on sharp drop in petrochem, metal prices.]]></description>
			<category>Construction &amp; Industry | News</category>
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			<title>Saudis shares end higher on Savola, SABIC</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=562326&amp;Itemid=1</link>
			<description><![CDATA[Savola rose 1 percent after posting a 17.5 percent fall in second-quarter profit.]]></description>
			<category>Financial Markets | News</category>
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			<title>Lower prices hit Safco Q2 net profit</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=561649&amp;Itemid=1</link>
			<description><![CDATA[UPDATE 2: Investors mark Saudi Fertilizers higher as divi payout exceeds earnings per share.]]></description>
			<category>Politics &amp; Economics | News</category>
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		<item>
			<title>Saudi shares rise 1% as SABIC gains</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=561645&amp;Itemid=1</link>
			<description><![CDATA[SABIC gains on news that it has won approval for its Chinese joint venture.]]></description>
			<category>Financial Markets | News</category>
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		<item>
			<title>SABIC Q2 net profit seen falling 78%</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=561298&amp;Itemid=1</link>
			<description><![CDATA[Reuters poll cites low prices for Saudi petchem firm's products and lingering impact of 2007 US purchase.]]></description>
			<category>Energy | News</category>
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			<title>Banks lead Saudi index to lower close</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=560153&amp;Itemid=1</link>
			<description><![CDATA[Banks concerned about their exposure to troubled family-owned businesses.]]></description>
			<category>Financial Markets | News</category>
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		<item>
			<title>Al-Tuwairqi said to hire HSBC for debt restructuring </title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=559938&amp;Itemid=1</link>
			<description><![CDATA[UK bank to oversee Saudi steelmaker’s bank loans, according to sources.]]></description>
			<category>Construction &amp; Industry | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=559938&amp;Itemid=1</guid>
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		<item>
			<title>Saudi ends down, Weqaya soars on debut</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=559414&amp;Itemid=1</link>
			<description><![CDATA[Heavyweight petrochem, banking stocks lead TASI to a negative close for the second straight session.]]></description>
			<category>Financial Markets | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=559414&amp;Itemid=1</guid>
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		<item>
			<title>Oil eases investors past Saudi’s regulatory risks</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=559253&amp;Itemid=1</link>
			<description><![CDATA[The Kingdom’s muddy investment rules are failing to deter foreign inflows.]]></description>
			<category>Energy | Features</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=559253&amp;Itemid=1</guid>
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		<item>
			<title>Saudi regulator approves six IPOs </title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=558060&amp;Itemid=1</link>
			<description><![CDATA[Saudi Steel Pipes Co (SSP) to kick-off programme by offering 31.4% of its capital to investors this month.]]></description>
			<category>Banking &amp; Finance | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=558060&amp;Itemid=1</guid>
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			<title>Gunmen fire at bus carrying foreigners in Saudi</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=556870&amp;Itemid=1</link>
			<description><![CDATA[No group has claimeed responsibility for incident in Jubail, Tuesday - no casualties. ]]></description>
			<category>Politics &amp; Economics | News</category>
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		<item>
			<title>Profit taking sees Saudi market close lower</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=556764&amp;Itemid=1</link>
			<description><![CDATA[UPDATE 8: Qatar index suffers largest one day decline in 5 weeks, Dubai closes higher.]]></description>
			<category>Banking &amp; Finance | News</category>
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			<title>Saudi market closes higher, SABIC shares rise 3.4% </title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=556469&amp;Itemid=1</link>
			<description><![CDATA[Saudi's Tadco sees stocks rise 3.6% after news of foreign food project.]]></description>
			<category>Financial Markets | News</category>
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