The Saudi Basic Industries Cor-poration (SABIC) has signed a multiyear strategic agreement with the University of Cambridge in Cambridge, UK, to mutually develop advanced technologies into innovative solutions, with a clear focus on meeting key market objectives and the demands of the global community.
The agreement, which was signed in the presence of Mohamed Al-Mady, SABIC vice chairman and CEO, focuses on diverse areas of research which are of specific relevance to SABIC, ranging from chemical engineering, biotechnology, energy, functional materials and modeling.
The agreement will allow SABIC researchers to work with world-class teams of scientists in the respective joint research areas.
Ernesto Occhiello, executive vice president, SABIC Technology and Innovation, said: “With this agreement, SABIC has demonstrated its growth commitment through intensified and meaningful cooperation with key partners in research. By developing innovative solutions we seek to further accelerate our product and technology advancement to fulfil our overall corporate goals.”
Occhiello added: “We are indeed proud to be associated with the University of Cambridge. Through this partnership we hope to stimulate knowledge collaboration as part of our ongoing investments in world-class technologies and technical expertise.”
The University of Cambridge is one of the world’s oldest universities and leading academic centers, and a self-governed community of scholars.
Its reputation for outstanding academic achievement is known worldwide and reflects the intellectual achievement of its students, as well as the world-class original research carried out by the staff of the university and the colleges.
SABIC signed four other research collaboration agreements earlier this year — with the Dalian Institute of Chemical Physics,China; ETH Zurich, Switzerland; National Research Council, Italy; and Fraunhofer-Gesellschaft, Germany.
SABIC researchers working with world-class scientists
SABIC researchers working with world-class scientists
Arab Investment launches new corporate identity
The Arab Investment Company has launched its new corporate identity, “Arab Invest,” in a strategic move that reflects its future direction and marks the start of a new chapter in its journey, which began in 1974, as one of the Arab sovereign wealth funds concerned with developing resources and enhancing economic integration among its 16 Arab member states.
The new corporate identity reflects the company’s value system underpinning its investment approach, based on robust governance, sustainability, effective partnerships, and adherence to the highest professional and economic standards, embodying its vision of building high-quality investments aligned with the priorities of the shareholder states.
Saad bin Abdulaziz Al-Khalb, chairman of the board of directors, said: “The launch of the company’s new identity comes within the context of a strategic phase aimed at enhancing clarity of institutional vision and consolidating the company’s position over the long term, in line with shareholders’ aspirations and reflective of the requirements of the coming period.”
He added that the new identity is viewed as a clear translation of a well-considered investment trajectory that reflects depth of experience, strengthens stakeholders’ confidence, and supports the company’s ability to continue serving the interests of the Arab member states.
CEO of Arab Invest Abdullah bin Saleh Bakhraibah said the launch of the new corporate identity represents, in essence, a new chapter in the company’s journey spanning more than 50 years. He noted the particular importance of this step at both the strategic and operational levels, as the new identity reflects a series of institutional transformations the company has undergone in recent years, including achieving the highest financial revenues in its history during 2025.
Bakhraibah added: “The new identity is not merely a visual update for the company; rather, it is a strategic message that expresses an advanced stage of institutional maturity, while simultaneously underscoring the deep historical roots of one of the region’s most established Arab sovereign wealth funds, consolidating its distinguished position and the credibility it enjoys in the Arab investment landscape, enabling it to keep pace with major economic developments and enhancing the company’s readiness to continue growth and expansion in accordance with best-in-class investment practices.”
He also highlighted the company’s distinguished investment efforts since the launch of its new strategy, saying that Arab Invest has recently witnessed notable development in local and global strategic partnerships, to achieve the highest performance standards and institutional operating mechanisms. Bakhraibah emphasized the company’s continued commitment to delivering sustainable investment impact in line with the aspirations of the coming period.
