The trading license will give full ownership in the country's trading sector, the No. 1 U.S. chemical maker by sales said on Thursday. (The Dow Chemical logo is displayed on a board above the floor of the New York Stock Exchange shortly after the opening bell in New York, December 22, 2015. - Reuters filepic)
Dow Chemical Co said it became the first foreign company to receive a trading license from Saudi Arabia as the kingdom plans to diversify its economy and free its dependence on oil exports amid a slump in global oil prices.
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