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Aramco and Sinopec plan major Yasref expansion to boost petrochemical output 

RIYADH: A major petrochemical industry expansion is set for Saudi Arabia’s west coast as Aramco, Sinopec, and Yasref advance plans to develop a...
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Aramco and Sinopec plan major Yasref expansion to boost petrochemical output 

RIYADH: A major petrochemical industry expansion is set for Saudi Arabia’s west coast as Aramco, Sinopec, and Yasref advance plans to develop a...

Lebanon nears approval of banking secrecy law, finance minister confirms

KUWAIT CITY: Lebanon’s Finance Minister Yassine Jaber told Reuters that he expected a banking secrecy law to be passed in parliament within days. Speaking...

Saudi Arabia sees 48% surge in new business registrations in Q1 2025

RIYADH: Business registrations in Saudi Arabia saw a 48 percent year-on-year increase during the first quarter of 2025, with 154,638 commercial records issued,...

PIF-owned Lucid secures $1.1bn through convertible notes offering 

RIYADH: Electric vehicle manufacturer Lucid Group, majority-owned by Saudi Arabia’s Public Investment Fund, has closed a $1.1 billion offering of convertible senior notes...

Saudi banks shift focus to debt markets during sukuk surge

RIYADH: As Saudi Arabia’s financial system turns increasingly to debt markets for funding, it will face new opportunities and increased risk in relation...