Technical Focus

SABIC is set to benefit from its expanding production base

SABIC_expanding

SABIC, Saudi Basic Industries Corporation, is expected to benefit from its expanding production base, improving petrochemical and fertiliser prices and growing demand, according to a new report by the Saudi bank, NCB Capital (NCBC).

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Petrochem commercial operations to start in Q2 2012

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NCB Capital (NCBC) released a new report on Petrochem and expects the company to continue to report losses until Q2 2012 when its petrochemical complex will start operations.

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Al Waha to start commercial operations in Q2 2011

Al_Waha_2Q_2011

The Saudi bank, NCB Capital (NCBC), has released a new report on Sahara Petrochemical Company. NCBC expects Sahara's Al Waha project to start commercial operations in Q2 2011 and argues that the start up will be a positive trigger for the company's stock.

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Ratings on Bahrain lowered on worsening political situation; watch negative remains

s-and-p

Standard & Poor's Ratings Services  has lowered its long- and short-term local and foreign currency sovereign credit ratings on the Kingdom of Bahrain to 'BBB/A-3' from 'A-/A-2'.

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'Revolutionary’ tank gauging system launched

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Emerson Process Management announced the launch of the new Raptor tank gauging system.

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