Kurdish Rebels Claim Resp For Pipeline Blast

Separatist Kurdish rebels on Saturday claimed responsibility for an explosion at an oil pipeline linking Iraq with southern Turkey, an agency close to the rebels reported. AFP - 22Nov 14:09GMT
Saudi Shares Plunge Nearly 9 Percent

Saudi shares plunged 8.87 percent on Saturday in the first day of weekly trading, as all sectors dropped sharply. AFP - 22Nov 09:48GMT

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The Abu Dhabi Polymers Company (Borouge) will boost total output to over 2 million tons per year, by 2010, through the Borouge 2 project, valued at USD5.5 billion. Other company projects will include Borouge 3 the expansion of both polyethylene and polypropylene production capacities to add approximately 2.5 million tons per year, by 2014.

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Company: Aramex

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Qatar National Cement Company (QNCC)
TAIB Securities WLL - 20 Nov 2008

TAIB updates its investment opinion on QNCC from OVERWEIGHT to NEUTRAL. Considering QNCC’s plans to increase capacity, strong cement demand and burgeoning infrastructure plans by the Qatari Government; the company is expected to be strong and stable. The company achieved 9M-08 net profit of QAR 320.94 million, compared to QAR 244.94 million for 9M-07. The stock is currently trading at a PE of 8.64x.

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Transport
Borderless Boarders
The capture of the Sirius Star has thrown a fierce spotlight on growing marine mayhem off the Horn of Africa.

Iran
Tehran's Tearaways
Since the revolution of 30 years ago, Iran's population has exploded. Out of 69m Iranians today, two-thirds are under the age of 30 and this group, by sheer dint of numbers, will shape the future of the Islamic Republic.

Oman
Steel Future
The announcement that Oman is to invest $5bn in building up its steel industry looks a wise move. The focus on a growing sector in which Oman has some particular strategic advantages could prove an important part of the Sultanate's diversification programme.

The International Real Estate Finance Summit '08
16-17 December, 2008 - London, United Kingdom

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