Tuesday 31 May 2016
Sahara Petrochemicals

Korean Daelim wins $750m Saudi plant deal

South Korea's Daelim has won a contract to build a $750 million petrochemical plant for Saudi Arabia's Sahara Petrochemicals Company, the Saudi firm said on Saturday. The project is a JV between Sahara and state-run miner Saudi Arabia


Sahara Petchem, SAAB rights issues approved

The Saudi bourse regulator said on Sunday it approved rights issues for Sahara Petrochemicals Co and insurance firm SABB Takaful  worth a total $360 million amid tight credit conditions. The Capital Market Authority said it has approv

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