Wednesday 25 April 2018
 
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Samsung Engineering wins $700m Sabic petchem plant deal

Samsung Engineering has received a contract from Sabic’s manufacturing affiliate, Jubail United Petrochemical Company (United), for the construction of a $700-million ethylene oxide–ethylene glycol (EO/EG) plant in Saudi Arabia.

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Samsung wins $700m Saudi chemical plant contract

Korea's Samsung Engineering said it has secured a major contract from Jubail United Petrochemical Company (United), an affiliate of Saudi petrochemical giant Sabic for a $700-million ethylene oxide–ethylene glycol (EO/EG) plant in the

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Samsung Engineering wins $700m Sabic deal

Samsung Engineering has received a contract from Sabic’s manufacturing affiliate, Jubail United Petrochemical Company (United), for the construction of a $700-million ethylene oxide–ethylene glycol (EO/EG) plant in Saudi Arabia.

More…

Boeing lines up initial customers for new 737 Max 10

Boeing's newest aircraft - the 737 Max 10 - has already caught the attention of aviation companies as the US plane manufacturer is in talks with firms for initial sales, said a report. The roster of potential buyers of the lar

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United to offer passengers up to $10,000 to give up seats

In a statement released today, United Airlines announced it will offer up to $10,000 to passengers who volunteer to surrender their seats on an overbooked flight, said a report. The announcement comes as the airlinest tries to rep

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United passenger dragged off an overbooked flight

United Airlines is facing a lot of heat after a passenger was forcibly dragged out by police from a flight after stating it was overbooked, said a report. The incident, which took place on Sunday, fuelled a backlash online after p

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Ahli United approves 18pc cash dividend distribution

Ahli United Bank has approved the distribution of a cash dividend of 18 per cent (4.5 cents per share) together with bonus shares of five per cent for shareholders at its recently held Annual General Meeting and the Extraordinary General Meeti

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Ahli United Bank launches operations in DIFC

Ahli United Bank has launched operations at the Dubai International Financial Centre, as the first bank in the GCC to receive the Category 1 license from the Dubai Financial Services Authority (DFSA).   On openin

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United Gulf posts $11.2m gains

United Gulf Bank (UGB)’s profit for last year decreased to $11.2 million compared to $18.8 million in 2014, with a similar decrease in basic earnings per share to 1.38 cents from 2.31 cents in 2014, said a report in the Gulf Daily Ne

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Ahli United gets approval for 40pc Mefic Capital stake buy

Ahli United Bank has received regulatory approval to acquire a 40 per cent stake in Saudi Arabian investment firm Mefic Capital, according to a statement.   No value was given for the transaction, which makes the

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