Sunday 29 May 2016
 
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Korea

Bahrain-South Korea trade tops $690m in 2015

Bilateral trade between Bahrain and South Korea touched $696 million last year, reported the Guf Daily News, our sister publication. To read further, please visit GDNonline

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Bin Ablan Foods to receive major order from Korea

Dubai-based Bin Ablan Foods Industry is on the verge of a breakthrough order from Korea for its new ‘health conscious’ bakery products within days of the new line’s launch. Production of the range, which includes

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Oerlikon Leybold Vacuum wins supply contract

Switzerland-based Oerlikon Leybold Vacuum, a leading global technology group, has been awarded a contract for the supply of vacuum systems by a well-known Korean group producing lithium-ion batteries. The company will equip severa

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Korean firms in Dubai metro project talks

Dubai's Roads and Transport Authority (RTA) said it is in discussion with Korean firms for its upcoming road and transport infrastructure projects in the emirate. The projects include Route 2020 for the extension of the Dubai

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Kuwait to buy 25pc stake in Korea-Saudi venture

Kuwait's Petrochemicals Industries Company (PIC) has agreed to buy a 25 percent equity stake in a venture owned by South Korea's SK Gas Co Ltd and Saudi Advanced Petrochemical Co, shareholders of the three firms said. PIC,

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Kuwait to buy 25pc stake in Korea-Saudi venture

Kuwait's Petrochemicals Industries Company (PIC) has agreed to buy a 25 percent equity stake in a venture owned by South Korea's SK Gas Co Ltd and Saudi Advanced Petrochemical Co, shareholders of the three firms said. PIC,

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North Korea conducts first 'H-bomb' test

North Korea said it successfully tested a miniaturised hydrogen nuclear device on Wednesday, claiming a significant advance in its strike capability and setting off alarm bells in Japan and South Korea. The test, the fourth time t

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SEC signs $3bn loan with Korean Exim bank

Saudi Electricity Company (SEC) has activated an MoU that was signed with the Export-Import Bank of Korea (K-Exim) in Seoul, by signing of the framework agreement with the bank’s credit ceiling of up to $3 billion. With this

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Korea's Shinhan Bank opens office in Dubai

Shinhan Bank, one of South Korea’s top lenders, has opened its office at Dubai International Financial Centre (DIFC), the global financial hub connecting businesses and institutions with emerging market opportunities across the Middle, Eas

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Saudi Electric seals $3bn Korea loan deal

Saudi Electricity Company said on Monday it had signed an agreement with the Export-Import Bank of Korea for up to $3 billion of loans over the next three years. The amount could be lent over several loans, the Gulf's largest

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