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Alba signs MoU with Bahrain Polytechnic
(Trade Arabia - 23/02/2017)

Aluminium Bahrain (Alba), the Bahrain-based international aluminium smelter, recently signed a Memorandum of Understanding (MoU) for co-operation with Bahrain Polytechnic. The MoU was signed between Alba's chief executive officer Tim Murray and acting

SABIC net profits fall in 2016
(Arab News - 23/02/2017)

Saudi petrochemical giant SABIC's net profits fell almost 5 percent last year, in part due to lower sales prices, the firm announced Wednesday. Petrochemical prices are influenced by trends in global crude prices, which recovered in 2016 after a fall the

Ma'aden and SNAM ink cooperation agreement
(Saudi Gazette - 20/02/2017)

The Saudi Arabia National Automotive Manufacturing Company (SANAM) recently signed an agreement with the Saudi Arabian Mining Company (Ma'aden) to increase the aluminum content in vehicles produced in Saudi Arabia. During a signing ceremony in Riyadh,

Fitch Affirms SABIC at 'A+'; Outlook Stable
(Press Release - 15/02/2017)

Fitch Ratings has affirmed Saudi Basic Industries Corporation's (SABIC) Long-Term Issuer Default Rating (IDR) and senior unsecured rating at 'A+' and Short-Term IDR at 'F1'. The Outlook on the Long-Term IDR is Stable. The senior unsecured rating on SABIC

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