Sunday outlook: Oil adds gains on Friday, drops for the week

Oil prices rose on Friday but declined for the week. Most markets across the globe ended the week lower but earnings boosted U.S. stocks. More commentary on Middle East markets, currencies and precious metals

ZAWYA - 1 hour ago

Thursday outlook: Asian shares retreat following Fed’s latest meeting minutes

Threat of rising U.S. yields hit Wall Street stocks overnight and Asian shares in early trading. Most markets in the Middle East ended Wednesday’s trading higher. More commentary on oil prices, currencies and precious metals.

ZAWYA - 18 Oct 2018

Wednesday outlook: Oil prices rise on tightening supply

Oil prices edged higher as data showed a drop in U.S. crude inventories. Asian shares followed a rebound on Wall Street, as upbeat earnings pushed U.S. shares higher. More commentary on Middle East markets, currencies and precious metals

ZAWYA - 17 Oct 2018

Saudi tensions could hit Swiss chemicals group Clariant - CEO

If there is a major trade disruption involving Saudi Arabia, Clariant will be affected and many others, said Clariant CEO

Reuters News - 16 Oct 2018

Tuesday outlook: Asian shares edge up following heavy losses

Asian shares regained ground on Tuesday after steep drops in the previous sessions. The Saudi market rebounded sharply on Monday after losing 7.2 percent in the previous two sessions. More commentary on oil prices, currencies and precious metals

ZAWYA - 16 Oct 2018

All Related News

SABIC Vice chairman and CEO delivers keynote address at 52nd European petrochemical association annual meeting

Press Release - 09 Oct 2018

How integrity sustains the business panorama in the Gulf region: Roundtable

A roundtable organised by Pearl Initiative in partnership with SABIC and PepsiCo in Riyadh

Press Release - 26 Sep 2018

GPCA announces winners of 2018 Plastics Excellence Awards

Award series recognizes best-practice contributions to the plastics industry in the Arabian Gulf.

Press Release - 15 Mar 2018

SABIC CEO Yousef Al-Benyan re-elected as GPCA Chairman

Yousef Al-Benyan became GPCA Chairman back in May 2016

Press Release - 06 Mar 2018

Saudi Sabic announces plans to expand capacity for Ultem™ and Noryl™ resin production

SABIC announced projects in Asia, Netherlands designed to increase global capacity for two high-performance engineering thermoplastic materials.

Press Release - 08 Feb 2018

All Press Releases

Iraq presses customers for data in clamp down on Basra oil resales

Iraq's state oil marketer SOMO collects data, info from term customers to track cargoes

Reuters News - Friday 19 October 2018

Renewables in India to grow 5% by 2022

Expected to rise by 5% from 7.7% in 2018

Mubasher - Friday 19 October 2018

Siemens and Bentley Systems announce PlantSight digital twin cloud services

Solution enables up-to-date, as-operated digital twins? synchronizing the real plant and its engineering representations? for more efficient process plant operations

Press Release - Thursday 18 October 2018

Russia may use National Wealth Fund to finance Egypt nuclear plant: Siluanov

Russia would provide finance for the project annually of between $3 billion and $4 billion

Reuters News - Thursday 18 October 2018

ENGIE and ALEC join forces to drive Smart4Power into a stronger energy efficiency company in the Middle Eastern region

ENGIE acquired a significant stake of Smart4Power

Press Release - Thursday 18 October 2018

All Oil and Gas News

Sunday outlook: Oil adds gains on Friday, drops for the week

Oil prices rose on Friday but declined for the week. Most markets across the globe ended the week lower but earnings boosted U.S. stocks. More commentary on Middle East markets, currencies and precious metals

ZAWYA - 1 hour ago

Mideast Stocks - Factors to watch on October 21

Oil up but posts weekly loss on stock build, trade tensions

Reuters News - 2 hours ago

Tunisia to sell Eurobonds worth $1bln early next week: government source

Deutsche Bank, JPMorgan Chase & Co, Citigroup and Natixis have been appointed to handle the sale

Reuters News - 18 hours ago

Sharjah Islamic Bank net profits rise by 10.5% to $108mln in 9 months

Total assets of the Shariah-compliant bank reached $11.98bln at the end of September 2018

WAM (Emirates News Agency) - 20 hours ago

Fed's Kaplan sees two-three more rate hikes to hit 'neutral' level

Federal Reserve President Robert Kaplan said he has not decided yet whether the Fed would need to raise rates above this neutral level

Reuters News - 22 hours ago

All Markets News

Ownership

Investor	Holding	No. of Shares	Last Update

Holding Concentrations

Investor	Holding	No. of Shares	Last Update

Detailed price performance and analysis with Thomson Reuters Eikon

Financials

Revenue

Net Income

Profit Margin

Total Assets

Total Liabilities

Debt to Assets

Operating

Investing

Financing

Detailed price performance and analysis with Thomson Reuters Eikon

About Saudi Basic Industries Corporationlast updated on: 01 March 2018

Business Summary

Manufacture of petrochemicals including ethylene, ethylene dichloride, caustic soda, styrene monomer and methyl tertiary butyl ether. Through its main subsidiaries; distribution of petrochemicals; manufacture of plastic and rubber products, methanol, basic and intermediate chemicals including oxygen, hydrogen, nitrogen, argon, krypton and xenon; fertilizers including urea, ammonia, diethylhexanol, phtalica anhydride and dioctyl phthalate, direct reduced iron, aluminum products including sheets, coils, foils and circles; provides warehousing and storage services; issues Islamic bonds; social security system covering old age and disability; Saudi Arabian governmental fund investing in national equity and financing local commercial projects with the main objective of developing the country's national economy and growth.

Country of Incorporation

Saudi Arabia

Ownership Type

Publicly Listed

Established In

1976

Primary Sector

Oil and Gas

Stock Listing

ID	Stock Type	Currency	Exchange	Symbol
2010.SSE	Ordinary	SAR	Saudi SE	2010

Contact details

Primary address

Saudi Basic Industries Corporation Building
North Ring Road
Kortoba Area
5101
Saudi Arabia
Riyadh
11422

CONTACT

Tel: +966 11-225-8000
Fax: +966 11-225-9000
Email: www.sabic.com

Region

Riyadh

	EPS	Revenue
Mean Estimate
Smart Estimate
Predicted Surprise
Mean Chg %

Bullish
Value Momentum
Intrinsic Valuation
Relative Valuation
Credit Risk - Smart Ratios
Credit Risk- Text Mining

Stocks	Last Price	% Change
NAT INDUSTRY	17.360 SAR	0.00
SAHARA	16.360 SAR	0.00
NATL GAS & IND	29.500 SAR	0.00
ALDREES	28.950 SAR	0.00
SA REFINERIES	36.600 SAR	0.00

Mideast Stocks - Factors to watch on October 21

Tunisia to sell Eurobonds worth $1bln early next week: government source

Sharjah Islamic Bank net profits rise by 10.5% to $108mln in 9 months

Saudi Arabia CDS hit 100 bps, highest since June

Mideast Stocks - Factors to watch on October 21

Sharjah Islamic Bank net profits rise by 10.5% to $108mln in 9 months

Bear market deepens as investors pull $16bln from equities - BAML

Asian shares erase losses as China's steps help Shanghai recover

Mideast Stocks - Factors to watch on October 21

Saudi Arabia CDS hit 100 bps, highest since June

Money-laundering watchdog to set first cryptocurrency rules by June

UAE's foreign currency assets at $89.7bln by end of September

Mideast Stocks - Factors to watch on October 21

India's festival demand for gold dims as price rally bites

Morocco to suspend customs duty on soft wheat in Nov-Dec period

OPEC, allies struggle to fully deliver pledged oil output boost -internal document

Riyadh airport to have integrated logistics zone

Construction of bridges to Deira Islands to begin soon in Dubai

UAE ready for Islamic fintech's top echelon

Wellness a key driver of UAE's growing tourism industry

‘White land’ tax revenue funds $26.6mln housing projects in Riyadh

Lootah mulls UAE footprint boost, eyes no mergers

Oman's first model housing complex to be launched next week

Sakani program to add 11,000 homes in Jeddah

Saudi Build 2018 to open amid ever-growing building sector

Construction of bridges to Deira Islands to begin soon in Dubai

Dubai to construct 3 bridges leading to Deira Islands at cost of $122mln

Saudi Arabia metro key part of French RATP's foreign growth drive

Iraq presses customers for data in clamp down on Basra oil resales

Bangladesh, Dubai-based ENOC agree to feasibility study for LPG terminal

Dubai's DEWA awards $36mln contract for water pipeline project

Russia may use National Wealth Fund to finance Egypt nuclear plant: Siluanov

BB Energy raises $245mln revolving credit facility

National Bank of Bahrain 9-month net profit up 11% to $146mln

UAE banks issue $3.32bln worth letters of credit in eight months

Dubai's Emirates NBD raises $2bln loan

UAE ready for Islamic fintech's top echelon

Sharjah Islamic Bank net profits rise by 10.5% to $108mln in 9 months

Egypt plans to issue international sovereign sukuk in 2019-2020

Dubai-listed Tabreed hires banks for dollar sukuk

Dubai's Enoc, Microsoft plan AI-powered service station

UAE's Defence Ministry hires Injazat to develop digital transformation system

Dubai's RTA unveils new generation of vehicle inspection techniques

Kuwait launches third phase of fiber optics project

‘White land’ tax revenue funds $26.6mln housing projects in Riyadh

Dubai issues 13,825 new licences in first 9 months of 2018

25% of world's top largest companies have base in UAE

Russia wealth fund brings big delegation, art to Saudi forum

Saudi Build 2018 to open amid ever-growing building sector

UAE voices support for Saudi king statement on journalist's death: WAM

Saudi courts will look at Khashoggi case: justice minister

Construction of bridges to Deira Islands to begin soon in Dubai

Lebanon president says government will be formed "very soon"

Jordan to implement new water projects

Agreements signed to improve water networks in Jordan

Jordan-Syria border crossing opens to normal traffic

Tunisia to sell Eurobonds worth $1bln early next week: government source

Morocco to suspend customs duty on soft wheat in Nov-Dec period

Morocco to cut soft wheat customs duty to 30% from Nov 1

Morocco sees government's budget deficit narrowing in 2019

25% of world's top largest companies have base in UAE

Russia wealth fund brings big delegation, art to Saudi forum

Kuwait’s trade surplus with Japan ‘shrinks’ 6.9%

Siemens may have to share big Iraq power contract with GE- FT

Over half a million Umrah visas issued so far in Saudi Arabia

UAE voices support for Saudi king statement on journalist's death: WAM

Saudi courts will look at Khashoggi case: justice minister

Money-laundering watchdog to set first cryptocurrency rules by June

Money-laundering watchdog to set first cryptocurrency rules by June

Anti-money-laundering body gives Iran until Feb to complete reforms

Expats parents over 60 to be granted visit visa for one month in Kuwait

Grade 12 students, fresh graduates can stay in UAE for two more years

Dubai residents, businesses warned against new frauds

Deportation made optional in UAE cybercrime law

Facebook now says data breach affected 29mln users, details impact

Egyptian military court sentences 17 to death over church bombings

Kuwait KNPC officials under probe for embezzlement

Egypt accuses 3 oil executives of embezzling nearly $1bln - agency

Interview: Saudi industry body seeks to tackle stalled construction projects

Federal Manaa system to control product quality, consumer protection in UAE markets