Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Fageeh"


7 mentions found


Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTechnology is the major driver in sustainability efforts: SABIC CEOSABIC's CEO Abdulrahman Al-Fageeh says he is confident that the company will hit its 2030 sustainability target.
Persons: Abdulrahman Al, Fageeh Organizations: Technology
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOur confidence level in the Indian market is 'very high': SABIC CEOAbdulrahman Al-Fageeh, CEO of Saudi Basic Industries Corp, shares his view on India.
Persons: Abdulrahman Al Organizations: Saudi Basic Industries Corp Locations: India
We prefer to see stronger demand growth in China: SABIC CEO
  + stars: | 2024-02-02 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe prefer to see stronger demand growth in China: SABIC CEOAbdulrahman Al-Fageeh, CEO of Saudi Basic Industries Corp, says that business remained resilient during the Covid-19 pandemic.
Persons: Abdulrahman Al Organizations: Saudi Basic Industries Corp Locations: China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe see business growth opportunities in emerging markets and the Global South: SABIC CEOAbdulrahman Al-Fageeh, CEO of Saudi Basic Industries Corp says Global North is facing some difficulties, but he sees great opportunities in Global South.
Persons: Abdulrahman Al Organizations: Saudi Basic Industries Corp Locations: Global
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMore room for relationship between Saudi Arabia and India to improve: Saudi Basic Industries CorpAbdulrahman Al-Fageeh, CEO of the chemical manufacturing firm, says Saudi Arabia and India share many common objectives and values that need to be capitalized.
Organizations: Saudi Basic Industries Corp Abdulrahman Al Locations: Saudi Arabia, India
RIYADH/DUBAI, Feb 28 (Reuters) - Saudi Basic Industries Corp (SABIC) (2010.SE), one of the world's biggest petrochemical companies, said on Tuesday its fourth-quarter net profit slumped 94% on lower average sales prices. The company posted a net income of 290 million riyals ($77.28 million) in the three-month period ended Dec. 31, down from 4.97 billion a year earlier. SABIC's shares fell 4% to 88 riyals in early trade in Riyadh following the results. Demand from China, which ended its strict pandemic-related controls in early December, could return in the second quarter or second half of 2023, SABIC's acting Chief Executive Abdulrahman Al-Fageeh said. Net income attributable to shareholders for the year 2022 was 16.53 billion riyals, down 28% from the previous year.
SABIC posts 67% fall in Q3 profit on higher costs, impairment
  + stars: | 2022-10-30 | by ( ) www.reuters.com   time to read: +1 min
DUBAI, Oct 30 (Reuters) - Petrochemicals firm Saudi Basic Industries Corp (SABIC) (2010.SE) said on Sunday it expected margins to be under pressure in the fourth quarter as its third quarter net profit fell 67% year-on-year on higher costs and an impairment charge. SABIC's net profit fell to 1.84 billion riyals ($489.62 million) from 5.59 billion riyals in the third quarter of 2021. Average sales prices in the third quarter fell 15% from the second quarter, while sales volumes also dropped 1% in the same period, SABIC said in a statement. SABIC said its "value capture associated" with Aramco since it took the stake in June 2020 was 3.64 billion riyals, including 2.09 billion riyals in the first nine months of 2022. Fageeh was named CEO on Sept. 28 after former CEO Yousef Abdullah al-Benyan resigned following his appointment as Saudi minsiter of education.
Total: 7