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Tasnee, Sahara Get $1.4B Islamic Loan For Petrochem Plants

By Liz Hoffman (May 8, 2012, 3:38 PM EDT) -- Saudi Arabia's National Industrialization Co., better known as Tasnee, and Sahara Petrochemical Co. have secured a 5.1 billion riyal ($1.36 billion) Islamic loan from nine local banks to build three new petrochemical factories, Sahara said Tuesday....

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