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SABIC SALE
Closures, disposals reshaping the global petrochemical sectorGlobal petrochemical sector is undergoing a significant transformation with closures and disposals, particularly in Europe, due to rising c...- RIL withdraws NCLT application for O2C hiveoff, to start fresh talks with Saudi Aramco for stake saleRIL said the company will continue to be Saudi Aramco’s preferred partner for investments in the private sector in India and will collabora...
- Saudi Aramco to sell more assets in multi-billion dollar pushThe Saudi Arabian state-controlled firm created a new team to review its assets last year, soon after the coronavirus pandemic triggered a ...
- SABIC Q3 net profit up 47% as sales volume rises, some impairments reversedSABIC reported a net profit of 1.09 billion riyals ($291 million) in the quarter that ended on September 30, up from 740 million riyals in ...
- Major Gulf stocks track global rally on hopes of virus vaccine by year endDrugmaker Pfizer Inc said on Friday it could have a coronavirus vaccine ready in the United States by the end of this year.
- Significant advantages exist in Reliance-Aramco deal: ReportAramco deal will allow Reliance to build financial muscle as it carves out space in omnichannel retail.
- ONGC wants to take Opal out of SEZ as domestic demand growsONGC Petro additions (OPaL), a JV between ONGC, Gujarat State Petroleum Corporation and Gail at the Dahej SEZ, is working towards getting t...
- Saudi Arabia to regain India's top oil supplier spot after Reliance dealSaudi Arabia, which traditionally has been India's top oil source, lost the slot to Iraq during the last two financial years.
- Saudi Aramco to restart preparations for its ‘$100 billion’ IPOThe revived IPO plan will still face significant hurdles.
- Ahead of bond debut, Saudi Aramco gets star ratingsStrong liquidity position is seen to be a big positive for the state-owned oil company.
- Saudi Aramco in talks with Reliance Industries, others to invest in IndiaSaudi officials say plan to invest in refineries and petrochemical projects separate from $44-b Maharashtra refinery.
- Saudis set for $11 billion asset-sale blitz after slow startThese sales are key to the country’s efforts to wean itself off oil, but so far have been dogged by delays.
- Saudi prince eyes Aramco IPO by 2021, valuation at $2 trillionThe IPO project was first announced in 2016 as the cornerstone of the prince’s Vision 2030.
- From Lucid to Tesla, Saudi Wealth Fund goes on spending spreeThe investments are part of plans, unveiled after the collapse in crude prices in mid-2014, to turn the PIF into the world’s biggest sovere...
- We are focussing on fund raising to maintain growth momentum: Atul PunjAtul Punj Chairman, Punj Lloyd, says that the SABIC issue is now behind them, and they are now focusing on fund raising to maintain the gro...
- Stock Picks: IDBI Bank, ITC, Punj Lloyd, Onmobile, M&M, Puravankara ProjectsAnalysts' take on IDBI Bank, ITC, Punj Lloyd, Onmobile, M&M, Puravankara Projects.
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