News 24 | The image of the riyal, from which SABIC earned 96 billion riyals after the withdrawal of the foreign partner



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The image of the riyal, which SABIC derived from it 96 billion riyalsThe presenter of the “In the Image” program, Abdullah Al-Mudayfer, posted a photo of the “riyal”, which brought SABIC 96 billion riyals, after the withdrawal of the foreign partner and the obtaining of this riyal.

The photo showed the riyal with writing in both Arabic and English, and it was dated 3/21/1984 AD.

The CEO of the company, Youssef Al-Bunyan, said – in the program aired on “Rotana Khaleejia” – that the foreign partner is facing financial problems in the company, and the two sides have agreed to end the partnership in exchange for a riyal, which is a symbolic exchange, and the partnership was subsequently terminated.



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