Tuesday 21 October 2014
 
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Korea

Peace activists sign key pact in South Korea

A key agreement has been in South Korea by representatives of 172 nations, including Bahrain, in a bid to end war and establish world peace. The Unity of Religion Agreement, put forward as part of the three-day Summit for the Worl

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South Korea's Iran oil imports double

South Korea's imports of Iranian crude doubled in August from a year ago but fell 8 per cent in the first eight months year-on-year, reflecting moves by the world's fifth-largest crude oil importer to navigate terms of sanctions relief

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Advanced Petrochemical to invest in $1bn Korea plant

Saudi Arabia's Advanced Petrochemical Company plans to invest in a project worth around $1 billion to produce propylenaudie in South Korea, the company said. The propane dehydrogenation (PDH) project, a joint venture with South Kore

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VPS, Korea centre team up to combat cancer

Abu Dhabi’s VPS Healthcare, a leading healthcare provider, has collaborated with a Korea-based oncology centre to establish state-of-the-art cancer screening, diagnosis, treatment, and research facilities across the UAE. The

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Aramco unit buys $1.9bn stake in S Korean oil firm

Aramco Overseas Company (AOC), a unit of state-run oil giant Saudi Aramco, said on Wednesday it had agreed in principle to buy Hanjin Group's entire 28.4 per cent stake in South Korea's S-Oil Corp for about $1.95 billion.

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Abu Dhabi to woo Japan, Korean tourists

Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi) is leading a six-strong delegation to Japan and Korea next week to stimulate visitor demand. The authority, along with Etihad Airways, Al Mafraq Hotel, Le Royal Meridien Ab

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Korean builders clinch $24.6bn Mideast contracts

South Korean builders have amassed orders worth $24.6 billion from Middle East in the first five months of the year, accounting for 77.9 per cent of all global orders, said a report. The total overseas construction orders rose to $31.6

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Sabic, SK Global set up JV

Saudi Basic Industries Corp (Sabic) said on Monday it had entered into a $595 million 50-50 joint venture agreement with Korean petrochemical manufacturer SK Global Chemical to produce polyethylene products. The venture will opera

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Sabic, Korean firm to set up $595m JV

Saudi Basic Industries Corp (Sabic) said on Monday it had entered into a $595 million 50-50 joint venture agreement with Korean petrochemical manufacturer SK Global Chemical to produce polyethylene products. The venture will opera

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Samsung 'crown prince' in focus as father hospitalised

Unassuming, media-shy and, as yet, unproven, Jay Y Lee is the unofficial heir-apparent to lead Samsung Electronics, as the world's biggest technology group by sales approaches a crossroads after years of explosive growth. The

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