Middle-east Arab News Opinion | Asharq Al-awsat

Media ID: 55382796
Caption:

Business and residential buildings are seen in Sisli district in Istanbul, Turkey May 6, 2016. REUTERS/Murad Sezer/File Photo

Turkey: Five Industry Bases to Attract Petrochemicals Investments

by Saeed Abdelrazek | Sep 10, 2017 | Business

Ankara- The Turkish government plans to establish mega industry bases in five regions, each of which is expected to have at least 3,000 hectares of land. Giant investments are expected to significantly reduce the country’s current account deficit, while...

Media ID: 55374264
Caption:

An oil tank is seen at the Saudi Aramco headquarters during a media tour at Damam city November 11, 2007. REUTERS/ Ali Jarekji

Aramco, Norinco Launch Petrochemical Project Northeast China

by Asharq Al-Awsat | May 17, 2017 | Business

Dammam – Saudi Arabia’s state-run oil company Aramco has signed a joint development agreement with Chinese defense conglomerate China North Industries Group Corp (Norinco) for a refining, petrochemical and retail project. The cornerstone was put northeast...

Media ID: 55365954
Caption:

A view of the headquarters of Saudi Basic Industries Corp (SABIC) in Riyadh January 20, 2009. REUTERS/Fahad Shadeed

Reducing Expenditures is Common among Saudi Companies

by Shuja Al-Baqmi | Jan 20, 2017 | Business

Riyadh – Saudi stock market companies continued to announce fiscal results of 2016 one after another. Saudi Basic Industries Corp (SABIC), one of the world’s largest petrochemicals groups, announced a 4.5% drop of net profit in 2016. Saudi Telecom Company...

Media ID: 55362941
Caption:

Khalid A. Al Falih, President and Chief Executive Officer of Saudi Aramco attends a session at the annual meeting of the World Economic Forum (WEF) in Davos January 23, 2014. REUTERS/Ruben Sprich

King Salman to Inaugurate World’s Largest Petrochemical Project

by Obaid Al-Suhaymi | Nov 28, 2016 | Saudi Arabia

Dammam- Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud is to inaugurate on Tuesday, during his visit to Jubail, the SR80 billion world’s largest petrochemical project, “Sadara Petrochemical Complex.” The Saudi Aramco joint venture with Dow...

Media ID: 55353599
Caption:

Aramco: Brexit Did not Affect our European Share

by Obaid Al-Suhaymi | Jun 30, 2016 | Business

Dammam-Eng. Amin H. Nasser, president and CEO of the Saudi Arabian Oil Company (Aramco) said that the UK’s decision to leave the EU didn’t affect Aramco’s share in the European markets or its oil quantities exported to Europe. Nasser’s words came during the launch of...