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Tasnee Q4 net profit drops 46.5pcSaudi Arabia's National Industrialisation Company (Tasnee) said on Tuesday its fourth-quarter net profit dropped 46.5 per cent on lower petrochemicals prices. It also attributed the drop to lower prices of titanium dioxide and More… |
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Tasnee to up stake in Cristal; $480m deal likelySaudi Arabia's National Industrialization Company (Tasnee) plans to pay SR1.8 billion ($480 million) to raise its majority stake in its Cristal subsidiary by a further 13 per cent, the company said. Tasnee has submitted an off More… |
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Saudi Tasnee seeks $2bn financingSaudi Arabia's National Industrialization Co (Tasnee) has begun talks with banks to secure financing for a $1.5 billion to $2 billion acrylic acid plant, according to a report. HSBC, Tasnee's financial advisor, is talking to local banks wh More… |
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Kingdom Holding subscribes to Tasnee rights issueKingdom Holding Company (KHC) has subscribed to 7,009,364 shares of Tasnee’s rights issue offering for the value of 130.8 million Saudi riyals($35m). KHC, chaired by Prince Alwaleed bin Talal, is the majority shareholder in Tasnee (Nationa More… |
