VOL. XXX
NO. 29
27-APRIL-1987
SAUDI ARABIA
SABIC Reports 35% Increase in 1986 Profits
The Saudi Basic Industries Corporation (SABIC) and its affiliates in 1986realized a net profit of SR200mn ($53.3mn), up sharply from SR147.8mn ($40.8mn)in 1985 and SR34.3mn ($9.7mn) in 1984, according to the Saudi Minister ofIndustry and Electricity Mr. 'Abd al'Aziz al-Zamil, who chaired a meeting ofSABIC's Board of Directors on 13 April to review the 1986 final accounts. TheSAbIC Board has decided to recommend...
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