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Saudi Aramco capitalises on geography
“Saudi Aramco’s entry into the petrochemical space is quite recent, since their facilities first started operations in 2007, so their rapid growth in the space is quite remarkable,” said Sanjay Sharma, vice president, Middle East and India at IHS Chemical. “Saudi Aramco is pursuing a business strategy that identifies advantaged feedstock and optimises the linkages between refinery, gas processing operations, and petrochemicals. This trend of integrating refineries and petrochemicals is common in other regions, but is a more recent trend in the Middle East, which is leading to more aromatics and derivatives production.”
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PHOTOS: Muslims arrive in Mecca for Hajj pilgrimage in Saudi Arabia
Millions of Muslims are converging on Saudi Arabia to prepare for the annual Hajj pilgrimage – one of the largest gatherings of people in the world.
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Erdogan says Turkey will join fight against Islamic State
Erdogan’s remarks in New York have yet to translate into concrete action. They nevertheless involve the clearest language to date on the topic and are expected to help staunch the flow of negative publicity Turkey has been receiving in the West about Ankara’s alleged soft stance on IS.
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Pentagon: New airstrikes target refineries used by ISIS
U.S. and coalition warplanes pounded ISIS positions in eastern Syria on Wednesday, targeting what a Pentagon official described as mobile oil refineries being used by the so-called Islamic State terror group to help finance its operations. The latest round of airstrikes were aimed at cutting off money flowing to ISIS, which makes up to $2 million a day from oil produced by the mobile refineries, Navy Rear Adm. John Kirby, the Pentagon spokesman, told CNN.
- Washington Post - Airstrikes in Syria Kill a Leader of al-Qaida Cell
- CBS News - Nusra Front, Other Syrian Rebels, Evacuating Bases Amid U.S. Airstrikes
- Foreign Policy - Opinion: Thank You for Bombing
- Bloomberg - A Month of Bombs Dropped in Two Days of Syria Strikes
- AFP - U.S.-Led Air Strikes Target ISIS Oil Refineries in Syria
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Abu Qatada Acquitted on 2nd Terrorism Charge
A militant Islamic cleric known as Abu Qatada walked free on Wednesday after a state security court here acquitted him on terrorism charges, punctuating 15 years of legal battles with the Jordanian and British authorities.
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Afghan inauguration next week; no word on security pact with US
Ashraf Ghani will be inaugurated next week as president of Afghanistan, but it remains uncertain how soon he might sign a long-awaited security agreement that will set the terms for U.S. forces to remain in the country into next year.
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Meet the terror group in Syria that could actually threaten the US
For all the barbarity of ISIL and the focus on the military campaign against them, security analysts say the group doesn’t have the capability to directly attack the US—its threat is regional disruption. But US intelligence officials have spent the last week dropping hints about another al Qaeda off-shoot that does aim to attack Western countries at home, and it operates in ISIL’s backyard.
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Yemen’s Bloody Weekend Leaves Hundreds Dead And Rebels On The Rise
In carrying out its four-day blitz through Sanaa, which included taking over state television headquarters and several government buildings, the Houthis — a sophisticated rebel movement — were both flexing their political muscle and continuing a bitter blood feud that stretches back a decade.
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Saudi’s Ma’aden gets regulator approval for $1.5 bln rights issue
Saudi Arabian Mining Company (Ma'aden) received approval from the kingdom's regulator to undertake a 5.6 billion riyal ($1.5 billion) rights issue, a stock market filing from the Capital Market Authority said on Sunday.
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3M expands its presence in Kingdom
“Saudi Arabia is at the core of our growth strategy in the Middle East and Africa region and in order to support our rapid growth in the country and the wider region, we will be looking at building our local capability in manufacturing and technical and are pursuing opportunities around this,” said Osama J Hammoudeh , Managing Director 3M Saudi Arabia.
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