Monday 2 May 2016
 
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Yanbu

Yansab says production costs to rise 6.5pc in 2016

Saudi Arabia's Yanbu National Petrochemical (Yansab) expects fuel and electricity price hikes announced in the 2016 government budget to increase its production costs by 6.5 percent next year, it said in a bourse statement on Wednesday.

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Radisson Blu Yanbu appoints new hotel manager

Radisson Blu Hotel, Yanbu, a leading luxury property in Saudi Arabia, has welcomed Abdelsalam Al Tamimi as its new hotel manager. A Jordanian national, Al Tamimi has over 17 years’ experience in the hospitality industry.  He

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Mobily unit inks deals to develop Yanbu as smart city

Bayanat, a data subsidiary of Etihad Etisalat (Mobily), has signed wholesale agreements with three different retail service providers to serve the community in Yanbu through Open Access Network. FTTH Mobily, Sahara Net and Shabaka

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Saudi Aramco considers new Yanbu refining complex

State oil giant Saudi Aramco is considering building a $20 billion refining and petrochemical complex at Yanbu on the Red Sea coast, industry sources familiar with the matter said.   The new refinery would have a

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Saudi Aramco mulls new $20bn Yanbu refining complex

State oil giant Saudi Aramco is considering building a $20 billion refining and petrochemical complex at Yanbu on the Red Sea coast, industry sources familiar with the matter said. The new refinery would have a capacity of 400,000

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Saudi Aramco mulls new $20bn Yanbu refining complex

State oil giant Saudi Aramco is considering building a $20 billion refining and petrochemical complex at Yanbu on the Red Sea coast, industry sources familiar with the matter said. The new refinery would have a capacity of 400,000

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Dur plans new three-star hotel in Saudi Arabia

Saudi Arabia's Dur Hospitality plans to open a three-star hotel in Yanbu with the recent signing of a 40-year land lease agreement for 7,600 sq m, said a report. The agreement, which comes in line with the company’s visi

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InoChem signs Jacobs for Yanbu unit consultancy

InoChem, a leading manufacturer of soda ash in Saudi Arabia, has awarded Jacobs Engineering Group the second phase of project management consultancy (PMC) services contract for manufacturing complex in Yanbu Industrial City. InoCh

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Yansab to shut petchem plants for maintenance

Saudi Arabia's Yanbu National Petrochemical Co (Yansab) plans to shut its petrochemical complex this month for maintenance for 35 days, it said in a bourse filing on Thursday. The firm, a subsidiary of Saudi Basic Industries C

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Saudi's Yansab Q1 net profit slumps 48.7pc

Saudi Arabia's Yanbu National Petrochemical Company (Yansab) reported a 48.7 per cent drop in first-quarter net profit on Monday. The firm, a subsidiary of Saudi Basic Industries Corporation (SABIC), made a net profit of 285.1

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