NO. 27


Saudi Arabia

SABIC Distributes $267Mn In Dividends For 1993

The Saudi Basic Industries Corporation (SABIC) will distribute SR1bn ($267mn)in dividends to shareholders for 1993 (or SR10 per share), following the 26March approval by SABIC's general assembly of a recommendation put forward bythe corporation's board. The distribution of the dividends will start on 20April. The Saudi Minister of Industry and Electricity and SABIC's Chairman, Mr.'Abd al- 'Aziz al-Zamil...