Sadara concludes financing for Saudi Arabian petrochemical complex

Congoo - Tuesday 18th June, 2013

Sadara Chemical Company has concluded the main financing worth $10.5bn for the construction and start-up of a $19.3bn world-class petrochemical complex at Jubail Industrial City II in Kingdom of Saudi Arabia (the KSA). The company, a joint venture between the Saudi Arabian Oil Company (Saudi ...

Riyadh Governor Receives President of Human Rights Commission

Congoo - Tuesday 18th June, 2013

SPA -- Prince Khalid bin Bandar bin Abdulaziz, Governor of Riyadh region, received here today the President of Human Rights Commission, Dr. Bandar bin Mohammed Al-Aiban, and his accompanying delegation. During the meeting, the Prince praised the Commission for its roles in the protection of human ...

Sadara chemicals venture of Saudi Aramco Dow secures key funding

Congoo - Tuesday 18th June, 2013

By SUMMER SAID Sadara, the $19.3 billion petrochemical joint venture between state oil giant Saudi Aramco and Dow Chemical, said it has signed loan facilities worth $10.5 billion to provide additional financing for its giant chemical plant in Jubail on the Gulf coast. The bank facilities ...

Sabic gains on good news from its UK plant

AME Info - Tuesday 18th June, 2013

The Tadawul All-Share Index closed 0.84% to reach 7,526.29 points. Saudi Basic Industries Corporation, the world's biggest producer of petrochemicals and better known as Sabic, advanced 0.84% to reach SR93.25. Earlier in the day, Arab News reported that after nearly 20 years of under-investment, Sabic UK Petrochemical's ethylene liquefaction plant on Teesside has witnessed a dramatic ...

MIDEAST STOCKS-Saudi real estate extends rally to lift index mkts mixed

Reuters - Tuesday 18th June, 2013

By Nadia Saleem DUBAI, June 18 | Tue Jun 18, 2013 10:16am EDT DUBAI, June 18 (Reuters) - A real estate stock rally extended in Saudi Arabia on Tuesday, helping lift the bourse for a third consecutive session, while foreign investors bought Egyptian bluechips battered by recent political turbulence. The Saudi index rose 0.8 percent. Saturday's sharp drop, that wiped out nearly all ...

Hyperion to supply an Operator Training Simulator for the Propane Dehydrogenation

Congoo - Tuesday 18th June, 2013

(M2 PressWIRE Via Acquire Media NewsEdge) Hyperion Systems Engineering announces that it will supply the Operator Training Simulator for the propane dehydrogenation plant (PDH) of Advanced Petrochemical Company in Saudi Arabia. Nicosia, Cyprus -- Hyperion Systems Engineering (Hyperion), the ...

Saudi Aramco Chooses Soitecs CPV Solar ...

Congoo - Tuesday 18th June, 2013

The Saudi Arabian Oil Company (Saudi Aramco), has decided to use Soitecs concentrating photovoltaic (CPV) technology for a 1-megawatt solar-energy pilot plant in Saudi Arabias northwestern Tabuk region. Saudi Aramco is an oil and chemical company that is owned by the Kingdom of Saudi Arabia. The ...

Saudi billionaire eyes NYC for record-high skyscraper

Congoo - Tuesday 18th June, 2013

A billionaire prince from Saudi Arabia is searching out a city to build the world?s highest skyscraper, reaching a mile into the sky and on the list is New York. ?Right now, we are discussing and evaluating the possibility of building a one-mile tower,? said Prince Alwaleed bin Talal, in Reuters. ...

Investcorps Gulf Fund acquires 38 per cent of Saudi Arabias AYTB

albawaba - Tuesday 18th June, 2013

Investcorp Investcorp Gulf Opportunity Fund has agreed to acquire a 38 per cent stake in Al Yusr Industrial Contracting Company WLL (AYTB), a provider of technical industrial support services to the petrochemical, oil & gas and other key industrial sectors in Saudi Arabia and Qatar.AYTB was founded in 1979 in Jubail and over its 33 year history has made a significant contribution to the ...

NCB Capital maintains positive outlook for Saudi food and agriculture sector

albawaba - Tuesday 18th June, 2013

Saudi Agriculture Remains overweight on Savola and Neutral on Almarai Volatility in global food prices, reliance on imports and a lack of pricing power are key concerns, said NCBUpdating its Q1 report on the Saudi Food and Agriculture sector, NCB Capital gives the sector a positive outlook due to growth in demand supported by a young and growing population, and expansions into new ...

Saudi millionaire might build world highest skyscraper in Moscow

Itar Tass - Tuesday 18th June, 2013

ABU-DHABI, June 18 (Itar-Tass) - Saudi millionaire, Prince Al-Waleed bin Talal, considers Moscow as one of possible sites for the construction of the world tallest skyscraper, Saudi Arabian media outlets said on Tuesday. A possibility of building a tower 1.6 kilometers high has been discussed at present. Prince Al- Waleed has invited the biggest world capitals and mega cities to take part in ...

Saudi projects to be delayed by expat exodus

Construction Week Online - Tuesday 18th June, 2013

Construction projects in Saudi Arabia are set to be hit by delays due to labour shortages as tens of thousands of illegal workers leave the country under a government immigration amnesty, according to an industry expert. Raed Al-Aqeeli, vice chairman of the Contractors Committee in the Jeddah Chamber of Commerce and Industry, said that as much as 80% of construction projects could be affected ...

Saudi Telecom unit Viva Kuwait signs $270 mln loan

Reuters - Tuesday 18th June, 2013

DUBAI, June 18 | Tue Jun 18, 2013 7:48am EDT DUBAI, June 18 (Reuters) - Viva Kuwait, an affiliate of Saudi Telecom Co (STC), has signed a $270 million, five-year loan with National Bank of Kuwait (NBK) to finance the operator's network expansion, it said in a statement on Tuesday. This borrowing includes a $70 million murabaha facility - a cost-plus-profit arrangement in Islamic ...

Americans Exporting More Oil First Time Since 70s

Congoo - Tuesday 18th June, 2013

The U.S. oil boom is moving Congress closer than it has been in more than three decades to easing the ban on exporting crude imposed after the Arab embargo. Advances such as hydraulic fracturing are leading to record production that may outstrip refinery capacity within 18 months to three years, ...

Betapa Abainya Pelayanan Pemerintah Pada Rakyat 1

Congoo - Tuesday 18th June, 2013

Belajar Dari Kerusuhan TKI & TKW di Jeddah Arab Saudi : Pernyataan Duta Besar Indonesia untuk Arab Saudi, Gatot Abdullah Mansyur, akan memberi bantuan hukum kepada puluhan tenaga kerja Indonesia yang ditangkap polisi Arab Saudi, sungguh naib bantuan serupa itu meruakan kewajiban yang harus ...

Saudis send missiles to Syria insurgents

Congoo - Tuesday 18th June, 2013

font size decrease font size increase font size A report says Saudi Arabia has been purchasing missiles from suppliers in France and Belgium since two months ago and has sent them to insurgents in Syria. Reuters reported on Monday France has paid for the transport of the shoulder-fired ...

KJRI Jeddah Cermin Kelemahan Pemerintah RI 2

Congoo - Tuesday 18th June, 2013

Betapa tidak seriusnya pemerintah memberi perhatian terhadap permasalah segenap warga bangsa Indonesia, semakin tampak pada kegaduhan yang baru saja terjadi di Jeddah, Arah Saudi hingga mengakibatkan kerusuhan yang menimpa TKI dan TKW yang sedang berupaya memperoleh surat legalitas diri untuk ...

Saudi tourism to lose $1.3bn on Umrah visa limits

Congoo - Tuesday 18th June, 2013

The Saudi Arabian tourism industry and Umrah visa operators claim they will lose SR5bn ($1.3bn) in revenue after the kingdom limited the number of Umrah visas and their duration. Muslim pilgrims who make the voyage to Makkah will now only be allowed to stay in Saudi Arabia for 14 days because of ...

Cisco CEO visits Saudi Arabia

Congoo - Tuesday 18th June, 2013

John Chambers, CEO, Cisco. John Chambers, chairman and CEO of Cicso visited Saudi Arabia today, to hold meetings with Saudi Government officials and strategic business partners in the Kingdom. Chambers, who is Executive Country sponsor for Saudi, and has been a regular visitor to the country, ...

Investcorp acquires 38 stake in Saudis AYTB

Congoo - Tuesday 18th June, 2013

Investcorp's Gulf Fund acquires a 38% stake in Saudi Arabia's AYTB. Investcorp Gulf Opportunity Fund announced today that it has agreed to acquire a 38 percent stake in Al Yusr Industrial Contracting Company WLL ("AYTB"), a leading provider of technical industrial support servicesto the ...

Research and Markets Wound Care Management in Saudi Arabia Market Forecast to 2018 - Advanced Wound Management Wound ...

General Sources - Tuesday 18th June, 2013

Research and Markets: Wound Care Management in Saudi Arabia Market Forecast to 2018 - Advanced Wound Management, Wound Closure Devices, Pressure Relief Devices, Ostomy Drainage Bags and ...

Saudi billionaire eyes world cities for mile-high tower

MSNBC - Tuesday 18th June, 2013

By Mirna Sleiman, Reuters DUBAI, United Arab Emirates -- Saudi billionaire Prince Alwaleed bin Talal says he is looking at global cities, including New York, as possible locations to build a mile-high skyscraper that would be the world's tallest building by far.The prince is inviting Dubai's biggest real estate developer Emaar Properties, chaired by Mohammed Alabbar, to team up with ...