SABIC (Saudia)
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SABIC (Saudia)
Saudi Basic Industries Corporation ( ar, الشركة السعودية للصناعات الأساسية), known as SABIC ( ar, سابك), is a Saudi chemical manufacturing company. 70% of SABIC's shares are owned by Saudi Aramco. It is active in petrochemicals, chemicals, industrial polymers, fertilizers, and metals. It is the second largest public company in the Middle East and Saudi Arabia as listed in Tadawul. In 2017, SABIC was ranked fourth in the world among chemical companies by Fortune Global 500. By the end of 2018 SABIC was the world's 281st-largest corporation. In 2014, the company had sales revenues of $50.4 billion, profits of $6.7 billion and assets standing at $90.4 billion. It also has been recognized as the world's second most valuable brand in the chemicals industry by Brand Finance in 2021. History SABIC was founded in 1976 by royal decree to convert oil by-products into useful chemicals, polymers, and fertilizers. The first chairman of the company was Ghazi ...
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Riyadh
Riyadh (, ar, الرياض, 'ar-Riyāḍ, lit.: 'The Gardens' Najdi pronunciation: ), formerly known as Hajr al-Yamamah, is the capital and largest city of Saudi Arabia. It is also the capital of the Riyadh Province and the centre of the Riyadh Governorate. It is the largest city on the Arabian Peninsula, and is situated in the center of the an-Nafud desert, on the eastern part of the Najd plateau. The city sits at an average of above sea level, and receives around 5 million tourists each year, making it the forty-ninth most visited city in the world and the 6th in the Middle East. Riyadh had a population of 7.6 million people in 2019, making it the most-populous city in Saudi Arabia, 3rd most populous in the Middle East, and 38th most populous in Asia. The first mentioning of the city by the name ''Riyadh'' was in 1590, by an early Arab chronicler. In 1737, Deham Ibn Dawwas, who was from the neighboring Manfuha, settled in and took control of the city. Deham built a ...
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Tadawul
Saudi Stock Exchange () or Tadāwul () is a stock exchange in Saudi Arabia. Tadāwul was formed in 2007 as a joint stock company and the sole entity authorized to act as a securities exchange in Saudi Arabia, but trading began in 1954 as an informal financial market. It continued as such with only 14 listed companies through the 1970s and began to acquire some formal status as the Saudi Company for Share Registration in 1980. It is regulated by the Capital Market Authority but has become partially self-regulating since 2018. It lists 203 publicly traded companies (as of 31 December 2020). As of 31 December 2020, its trading hours are 10:00AM to 3:10PM, Sunday to Thursday. On 26 February 2017, the Saudi Parallel Market (Nomu) was launched as a parallel equity market with lighter listing requirements to provide companies an alternative platform for the public listing. Tadāwul is completely owned by the Saudi Public Investment Fund. History The Tadawul All-Share Index (TASI) r ...
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Gelsenkirchen
Gelsenkirchen (, , ; wep, Gelsenkiärken) is the 25th most populous city of Germany and the 11th most populous in the state of North Rhine-Westphalia with 262,528 (2016) inhabitants. On the Emscher River (a tributary of the Rhine), it lies at the centre of the Ruhr, the largest urban area of Germany, of which it is the fifth largest city after Dortmund, Essen, Duisburg and Bochum. The Ruhr is located in the Rhine-Ruhr Metropolitan Region, one of Europe's largest urban areas. Gelsenkirchen is the fifth largest city of Westphalia after Dortmund, Bochum, Bielefeld and Münster, and it is one of the southernmost cities in the Low German dialect area. The city is home to the football club Schalke 04, which is named after . The club's current stadium Veltins-Arena, however, is located in . Gelsenkirchen was first documented in 1150, but it remained a tiny village until the 19th century, when the Industrial Revolution led to the growth of the entire area. In 1840, when the m ...
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Geleen
Geleen (; li, Gelaen ) is a city in the southern part of the province of Limburg (Netherlands), Limburg in the Netherlands. With 31,670 inhabitants in 2020, it is part of the municipality of Sittard-Geleen. Geleen is situated along the river Geleenbeek, a right tributary to the river Meuse. The Latin name for Geleenbeek is ''Glana'', meaning "clear river". The town centre is situated at about 60 m above sea level. History Until the end of the 19th century, Geleen was a very small village. Its population was 2,545 in 1899. The remains of one of the oldest prehistoric farms in the Netherlands were found here. In the 20th century the exploitation of Coal mining, coal mines in this area (the state-owned coal mine "Staatsmijn Maurits, Maurits", the biggest in Europe, was located in Geleen) brought a fast population increase. During the 1960s and 1970s the Netherlands, Dutch coal mines, which were all located in this part of the province, were closed. The state mining company DSM (compa ...
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DSM (company)
Koninklijke DSM N.V. (Royal DSM, commonly known as DSM), is a Dutch multinational corporation active in the fields of health, nutrition and materials. Headquartered in Heerlen, at the end of 2017 DSM employed 21,054 people in approximately 50 countries and posted net sales of €8.632 billion in 2018 and €9.204 billion in 2021. History DSM was formed by the Dutch state in 1902 to mine coal reserves in southern Limburg and although the company had diversified into commodity chemicals and petrochemicals by 1973 when the last mine closed, DSM retains a link to its origins by continuing to use the initials, originally an abbreviation for Dutch State Mines, to this day. During World War II researchers worked on penicillin. The code name Bacinol was used to keep the research secret from the Germans. The research was done at the company Nederlandsche Gist- en Spiritusfabriek, Dutch Yeast and Spirits Factory, later becoming DSM Sinochem Pharmaceuticals, in Delft. In 1989 the gover ...
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Bahrain
Bahrain ( ; ; ar, البحرين, al-Bahrayn, locally ), officially the Kingdom of Bahrain, ' is an island country in Western Asia. It is situated on the Persian Gulf, and comprises a small archipelago made up of 50 natural islands and an additional 33 artificial islands, centered on Bahrain Island which makes up around 83 percent of the country's landmass. Bahrain is situated between Qatar and the northeastern coast of Saudi Arabia, to which it is connected by the King Fahd Causeway. According to the 2020 census, the country's population numbers 1,501,635, of which 712,362 are Bahraini nationals. Bahrain spans some , and is the third-smallest nation in Asia after the Maldives and Singapore. The capital and largest city is Manama. Bahrain is the site of the ancient Dilmun civilization.Oman: The Lost Land
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Dammam
Dammam ( ar, الدمّام ') is the fifth-most populous city in Saudi Arabia after Riyadh, Jeddah, Mecca, and Medina. It is the capital of the Eastern Province. With a total population of 1,252,523 as of 2020. The judicial and administrative bodies of the province, in addition to the administrative offices of other minor governmental departments functioning within the province, are located in the city. The word itself is generally used to refer to the city, but may also refer to its eponymous governorate. Dammam is known for being a major administrative center for the Saudi oil industry. Dammam constitutes the core of the Dammam metropolitan area, also known as the Greater Dammam area, which comprises the 'Triplet Cities' of Dammam, Dhahran and Khobar. The area has an estimated population of 4,140,000 as of 2012 and is closely linked to the city through social, economic, and cultural ties. The city is growing at an exceptionally fast rate of 12% a year – the fastest in Saudi ...
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Red Sea
The Red Sea ( ar, البحر الأحمر - بحر القلزم, translit=Modern: al-Baḥr al-ʾAḥmar, Medieval: Baḥr al-Qulzum; or ; Coptic: ⲫⲓⲟⲙ ⲛ̀ϩⲁϩ ''Phiom Enhah'' or ⲫⲓⲟⲙ ⲛ̀ϣⲁⲣⲓ ''Phiom ǹšari''; Tigrinya: ቀይሕ ባሕሪ ''Qeyih Bahri''; ) is a seawater inlet of the Indian Ocean, lying between Africa and Asia. Its connection to the ocean is in the south, through the Bab el Mandeb strait and the Gulf of Aden. To its north lie the Sinai Peninsula, the Gulf of Aqaba, and the Gulf of Suez (leading to the Suez Canal). It is underlain by the Red Sea Rift, which is part of the Great Rift Valley. The Red Sea has a surface area of roughly 438,000 km2 (169,100 mi2), is about 2250 km (1398 mi) long, and — at its widest point — 355 km (220.6 mi) wide. It has an average depth of 490 m (1,608 ft), and in the central ''Suakin Trough'' it reaches its maximum depth of . The Red Sea also has exten ...
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Yanbu
Yanbu ( ar, ينبع, lit=Spring, translit=Yanbu'), also known simply as Yambu or Yenbo, is a city in the Al Madinah Province of western Saudi Arabia. It is approximately 300 kilometers northwest of Jeddah (at ). The population is 222,360 (2020 census). Many residents are foreign expatriates working in the oil refineries and petrochemical industry, mostly from Asia, but there are also large numbers from the Middle East, Europe, and North America. Yanbu has three primary sections; Yanbu Al-Bahr, Yanbu Al-Nakhl and Yanbu Al-Sina'iya as well as a major Red Sea port. History Pre-modern era Yanbu's history dates back at least 2,500 years, when it was a staging point on the spice and incense route from Yemen to Egypt and the Mediterranean region. Sharm Yanbu ( ar, شرم ينبع), historically known as Charmuthas, which is a small peninsula located to the north of Yanbu was mentioned by the Greek historian Diodorus Siculus. The Invasion of Dul Ashir took place in Yanb ...
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Persian Gulf
The Persian Gulf ( fa, خلیج فارس, translit=xalij-e fârs, lit=Gulf of Persis, Fars, ), sometimes called the ( ar, اَلْخَلِيْجُ ٱلْعَرَبِيُّ, Al-Khalīj al-ˁArabī), is a Mediterranean sea (oceanography), mediterranean sea in Western Asia. The body of water is an extension of the Indian Ocean located between Iran and the Arabian Peninsula.United Nations Group of Experts on Geographical NameWorking Paper No. 61, 23rd Session, Vienna, 28 March – 4 April 2006. accessed October 9, 2010 It is connected to the Gulf of Oman in the east by the Strait of Hormuz. The Shatt al-Arab river delta forms the northwest shoreline. The Persian Gulf has many fishing grounds, extensive reefs (mostly rocky, but also Coral reef, coral), and abundant pearl oysters, however its ecology has been damaged by industrialization and oil spills. The Persian Gulf is in the Persian Gulf Basin, which is of Cenozoic origin and related to the subduction of the Arabian Plate u ...
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Jubail
Jubail ( ar, الجبيل, ''Al Jubayl'') is a city in the Eastern province on the Persian Gulf coast of Saudi Arabia, with a total population of 684,531 as of 2021. It is home to the largest industrial city in the world. It is also home to the Middle East's largest and world's fourth largest petrochemical company SABIC. It has the world's largest IWPP (Independent Water and Power Project) producing 2743.6 MW of electricity and 800,000 m3 of water daily. Jubail comprises the Old Town of Al Jubail (Jubail Balad), which was a small fishing village until 1975, and the Industrial Area. Jubail Industrial City is the largest civil engineering project in the world today. In 1975, the Saudi government designated Jubail as the site for new industrial city, with rapid expansion and industrialization arising. The new industrial and residential areas were named Madīnat al Jubayl aṣ Ṣinā`īyah (Jubail Industrial City). The 2005 Census Report for Jubail Industrial City estimates the po ...
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Abdul Aziz Bin Abdullah Al Zamil
Abdulaziz bin Abdullah Al Zamil (1942 – October 6, 2019) was an industrial engineer, whose work in industry and government was important to the industrial development of Saudi Arabia. As the original chief executive of Saudi Basic Industries Corporation (SABIC), as Minister of Industry and Electricity, and through his family's Zamil Group Holding Company, he was instrumental in creating a nationally based, profitable, high-tech industrial enterprise in Saudi Arabia. Al Zamil encouraged careful expansion with strong partners on a basis of sound technology in a wide variety of areas. Zamil Group, which now employs more than 12,000 people in 60 countries, is involved in diverse sectors including general construction, paints, plastics, petrochemicals, shipbuilding, and port management. He was awarded the King Abdul Aziz Medal, 1984 and the Richard J. Bolte Sr. Award for supporting industries in 2015. Early life and education Abdul Aziz Bin Abdullah Al Zamil was born in 1942 in Bahr ...
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