Font Size

- Aa +

Sat 23 Dec 2006 04:00 AM

Font Size

- Aa +

Sabic seeks funding

Saudi Basic Industries (Sabic) plans to borrow US $6 billion next year to help finance the construction of the Kayan chemical complex

Saudi Basic Industries (Sabic) plans to borrow US $6 billion next year to help finance the construction of the Kayan chemical complex. Sabic is in talks with around five international and GCC lenders to arrange the finance for the second quarter of next year.

For all the latest construction news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.