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2026-07-29T06:58:08.660Z

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Finance Ministry Cheers IMF 2026 Report

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13 Hrs2026-07-29T18:02:37.804Z
Finance Ministry Cheers IMF 2026 Report

Sabic's revenues from lower-margin sector

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14 Hrs2026-07-29T17:02:02.358Z
Sabic's revenues from lower-margin sector

Oil and China challenge AI funding

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21 Hrs2026-07-29T09:54:19.000Z
Oil and China challenge AI funding

Egypt Gold Prices Drop July 29

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22 Hrs2026-07-29T09:35:00.000Z
Egypt Gold Prices Drop July 29

Asian markets decline amid Fed focus

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22 Hrs2026-07-29T09:01:00.000Z
Asian markets decline amid Fed focus
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Sipac to pay 3.3B riyals dividend

Sipac to pay 3.3B riyals dividend

Sabic has announced its approval to distribute cash dividends worth 3.3 billion riyals for the first half of 2026, at a rate of 1.10 riyals per share, which is equivalent to 11% of the nominal value, based on 3 billion eligible shares. Dividend payments will commence on September 1, 2026, with shareholders registered by the close of trading on August 11, 2026, being entitled to receive them. The decision comes amid geopolitical and logistical challenges and aims to balance maintaining flexible profit distributions with supporting strategic investments, while also adhering to tax obligations for non-resident investors.

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