European stock index futures pointed to a lower open on Thursday, with shares set to retreat for the fourth straight session, after data showed China's economic momentum slowed in March as factory activity shrank for a fifth month in a row.
At 0702 GMT, futures for Euro STOXX 50, for Germany's DAX and for France's CAC were down 0.3-0.4 percent.
SABIC contributes to national development
The Saudi Basic Industries Corporation (SABIC) sponsored the Industrial Innovation Award which was presented to developers of new ideas for industrial projects at a ceremony held in Riyadh on May 18.