16 Hrs
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الاقتصادية
Saudi Aramco Evaluates Arlanxeo Sale
Saudi Aramco is studying the sale of its synthetic rubber chemicals business, "Arlnexio," as part of a plan to divest assets worth billions of dollars to boost liquidity and support economic transformation in Saudi Arabia. Although discussions are still ongoing and a decision has not yet been made, the announcement of the sale could involve either the entire operation or a portion of it. This comes amid a decline in global demand for the chemicals sector and rising production costs, prompting major companies to reassess their assets.
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