Tuesday 23 May 2017
 
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Adnoc appoints Penthol to sell Group III base oil in US

The Abu Dhabi National Oil Company (Adnoc) has appointed Penthol, a global leader in the supply and distribution of oil products and petrochemicals, as the exclusive seller of Adnoc’s Group III base oil in the US. In line wi

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US inches towards $100bn Saudi weapons deal

The US was close to completing a series of deals to sell Saudi Arabia arms and related maintenance worth $100 billion, said a Reuters report, citing a senior White House official. President Donald Trump begins an internat

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US inches towards $100bn Saudi weapons deal

The US was close to completing a series of deals to sell Saudi Arabia arms and related maintenance worth $100 billion, said a Reuters report, citing a senior White House official. President Donald Trump begins an internat

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Siemens, Chromalloy JV to set up new US plant

Advanced Airfoil Components, a joint venture between global technology leader Siemens and Chromalloy Gas Turbine Corporation, will be setting up a new manufacturing facility in the US. Chromalloy is a leading supplier of technolog

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Turkish Airlines offers laptops on US-bound flights

Turkish Airlines is now offering laptops to its business class passengers on US-bound flights, following the recent electronics ban enforced on flights originating from the Middle East. It will launch the same practice for its UK-

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US, Saudi in key arms sales talks ahead of Trump visit

The US is trying to push through a multi-billion dollar arms deal with Saudi Arabia ahead of US President Donald Trump’s visit to capital Riyadh, according to a report.    The President is set to visit

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Turkish Airlines offers laptops on US, UK flights

Turkish Airlines has launched its newest laptop offering on-board scheme for the business class passengers on all its US and UK-bound flights.   Announcing the scheme, the national flag carrier said starting from

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Apple to invest $1bn in advance manufacturing firms

Apple plans to create a $1 billion fund to invest in US companies that perform advanced manufacturing, said a report. The company will announce the fund's first investment later in May, Tim Cook, chief executive officer, Apple

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Investcorp acquires $160m US industrial properties

Investcorp, a leading provider and manager of alternative investment products, said its US-based real estate arm has acquired a portfolio of industrial properties in Chicago and Boston metropolitan areas for $160 million. The Bahr

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Sabic, Exxon select site for US petchem JV

Sabic and ExxonMobil Chemical Company have announced the selection of a site in San Patricio County, Texas, for potential development of a jointly-owned petrochemical complex – currently under study – on the US Gulf Coast.

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