Saudi Basic Industries Corp (SABIC) News - Mubasher Info
Qatar
Mubasher TV
 Contact Us Advertising   العربية
Qatar
QE Closed
27 April 08:37 AM

Saudi Basic Industries Corp (2010.B)

Last update: 7 October 2025 03:00 PM market time.
61.65
-0.65
-1.04%
Open 61.65
Previous Close 62.30
High 61.65
Low 61.65
Stock Statistics
Volume 2,726
Turnover 168,057.90
All data are 15 minutes late during market session

News

7 January 2015 10:35 AM 2015 seen as year of mixed sentiments for Saudi Arabia – report
Al-Rajhi Capital has stated in a report that 2015 is expected to be a year of mixed sentiments for Saudi Arabia. There is high optimism among investors, as the Kingdom plans to open up its equity market to qualified foreign institutional …
Company News
1 January 2015 05:50 PM Oil slump may hurt SABIC's earnings; SAFCO unfazed - report
Written by: Mohamed Abou Meleeh Riyadh – Mubasher: Abdullah Alawi head of research at Aljazira Capital in Riyadh said, in exclusive statement to Mubasher,"The recent severe drop in oil prices was the main reason behind …
Stock Evaluations
31 December 2014 10:13 AM Changes in petrochemical industry dynamics pose challenges – report
The ongoing changes in dynamics of petrochemical industry gave birth to several challenges for the sector, according to a report by AlJazira Capital.On the global front, mainly after the development in US shale plays and alternative …
Company News
23 December 2014 04:46 PM Osool & Bakheet estimates for Q4 corporate earnings
Osool & Bakheet Investment Company issued a report on Tuesday in which it made expectations for earnings of 46 Tadawul-listed companies for the fourth quarter of 2014.These companies comprise the following: 9 in banks sector, 7 in …
Stock Evaluations
18 December 2014 02:00 PM SABIC names Al-Benyan as CFO
Saudi Basic Industries Corporation (SABIC) has appointed Yousef Al-Benyan as Chief Financial Officer (CFO), replacing Mutlaq Al Morished who stepped out to join the National Industrialization Company (Tasnee), according to Al-Arabiya …
Corporate Actions
17 December 2014 05:24 PM SABIC board proposes SAR3/share cash dividend
The board of Saudi Basic Industries Corporation (SABIC) has recommended on Wednesday the distribution of cash dividend for the second half of 2014 at SAR 3 per share, or 30% of stock par value, totaling SAR 9 billion.The eligibility for …
Corporate Actions
11 December 2014 06:41 PM SABIC’s Al Morished steps down
By Asil bin Taleb, Majid Al Shabib:In an exclusive phone call with Mubasher, Mutlaq Al-Morished, Vice President, Corporate Finance, Saudi Basic Industries Corporation (SABIC) announced that he has submitted his resignation from his …
Corporate Actions
9 December 2014 04:22 PM Tadawul sees 24 special trades worth SAR 139m
The Saudi bourse has witnessed today 24 special trades at a total value of SAR 139 million.Table Photo Credit: Mubasher News story Photo Credit: Arabianeye-Reuters …
Corporate Actions
5 December 2014 03:11 PM Al Rajhi Capital reiterates Overweight on Saudi petchem sector
In its ‘Saudi Petrochemical Sector’ report issued Thursday, Al Rajhi Capital said that the global economy is recuperating, although growth remains uneven across developed and emerging countries.While China is facing …
Company News
3 December 2014 07:12 PM Saudi petchem stocks lose SAR186bn in two months
By Majid Al ShabibTadawul-listed petrochemical stocks have slumped since crude prices fell below the $90/barrel mark on October 3.Crude prices currently stand at $67.28/barrier, which is 25.2% lower than the $90 mark.The market …
Market News
29 November 2014 02:37 PM SABIC chief named World Plastics Council Chairman
Reported by Mohammed Abu Meleeh The World Plastics Council (WPC) said it elected Eng. Mosaed Al-Ohali, executive vice president of SABIC Polymers, as Chairman.The election was during WPC’s first general meeting held on November 24. WPC was …
Corporate Actions
26 November 2014 11:19 AM SABIC poised to invest U.S. shale gas – Al-Mady
Mohamed Al Mady, chief executive officer of Saudi Basic Industries Corp. (SABIC), said his company plans to invest in the U.S. shale gas sector. On the sidelines of the annual forum of the Gulf Petrochemicals & Chemicals Association, Al …
Company News
25 November 2014 08:53 AM SABIC unfazed by oil prices – Al-Mady
Mohammed Al-Mady, chief executive of Saudi Basic Industries Corp. (SABIC), said the volatility in global oil prices will not impact his company’s performance because SABIC relies on the natural gas whose price is relatively …
Corporate Actions
20 November 2014 09:35 AM Saudi Kayan signs SAR 2.6bn Islamic credit facilities
Saudi Kayan Petrochemical Co. has signed on November 19 a Murabaha credit facility agreement with the National Commercial Bank (NCB) and Samba Financial Group. The company will raise SAR 1.500 billion from NCB and SAR 1.125 billion from …
Corporate Actions
17 November 2014 00:12 PM SABIC to offer new solutions to downstream industries
Saudi Basic Industries Corp. (SABIC) is set to offer a new range of advanced engineering materials, to be manufactured for the first time in Saudi Arabia, according to Arab News.The company will offer high-performance solutions for metal …
Company News
7 November 2014 03:05 PM SABIC gets CDM registration for carbon reduction project
Saudi Basic Industries Corporation’s (SABIC) innovative carbon reduction project at its manufacturing affiliate, Al Jubail Fertiliser Company (Al-Bayroni) has been registered by the executive board of the Clean Development Mechanism …
Company News
4 November 2014 03:10 PM Tadawul sees special transactions worth over SAR 188m
Saudi Stock Exchange (Tadawul) has witnessed on Nov. 4 special transactions on SABIC, Advanced, Qassim Cement and Jabal Omar at a total value of more than SAR 188 million.
Company News
4 November 2014 00:33 PM SABIC boosts investments in manufacturing technologies
Prince Saud bin Abdullah bin Thunayan Al-Saud, chairman of SABIC, has inaugurated the 11th SABIC Technical Meeting (STM-11) at King Abdullah bin Abdulaziz Cultural Center in Jubail, according to Arab News.The inauguration was attended by …
Corporate Actions
3 November 2014 11:15 AM SABIC only ME company on Global Innovation list
Saudi Basic Industries Corp. (SABIC) is the only Middle East firm in the Global Innovation 1000 list this year.The giant petrochemical producer ranked 272 in the 1,000-strong list of innovative companies prepared by Strategy&, formerly …
Company News
27 October 2014 01:42 PM SABIC’s investments unhurt by low oil prices, Al-Mady says
The recent decline in the global oil prices would pick up soon and the increasing global population would increase the demand for oil, said Muhammed Al-Mady, SABIC’s chief executive and vice chairman.Al-Mady said that SABIC’s investments …
Corporate Actions
27 October 2014 01:12 PM SABIC Q3 performance largely in line – Al-Rajhi Capital
Al-Rajhi Capital has stated in a report that SABIC’s Q3 net income of SAR 6.18 billion (down 4.5% y-o-y) narrowly missed its (SAR 6.5 billion) as well as consensus forecast of SAR 6.61 billion. Operating profit for the quarter came in at …
Corporate Actions
27 October 2014 00:38 PM SABIC's earnings weighed by oil price decline – Al-Mady
Mohamed Al-Mady, CEO of Saudi Basic Industries Corp (SABIC) said the recent decline in global oil prices will prove temporary even if it lasts a year or so, since population growth will ultimately bring higher consumption and …
Corporate Actions
26 October 2014 03:13 PM NCB Capital assigns SABIC ‘Overweight’ rating
NCB Capital (NCBC) has stated that SABIC Q3 net income came in at SAR 6.18 billion, declining 4.5% y/y and 6.1% below the NCBC’s estimates of SAR 6.58 billion. The results were also below the consensus of SAR 6.8 billion and the revised …
Research
26 October 2014 10:38 AM SABIC profit down 4.4% in Q3, up 0.05% in 9M
Saudi Basic Industries Corp. (SABIC) reported SAR 6.18 billion net earnings for Q3 2014, falling 4.48% from SAR 6.47 billion in Q3 2013 and 4.33% from SAR 6.46 billion in Q2 2014.The company made SAR 19.08 billion bottom line …
Company News
24 October 2014 05:09 PM 64 Saudi companies posted financials; eyes on SABIC Sunday
Saudi investors are anticipating for announcing financial results of Saudi Basic Industries Corp (SABIC), the market’s biggest company in terms of capitalization, which is scheduled for Sunday.The company will hold a press conference …
Company News