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Saudi Aramco’s additional stake is approximately 22.5% in Saudi Arabia's Rabigh Refining and Petrochemical Co. (Petro Rabigh) from Sumitomo Chemical
Between 2021 and 2024, revenues surged by around 14% annually, more than double the region’s historical CAGR of around 6%.
Called Gridora, the new entity operating under Modon Holding will coordinate with specialist partners and capital providers to fast-track the delivery of major projects across the UAE and globally.
