Thursday 30 June 2016
 
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Subsidiary

Al Khat Packaging begins construction of Abu Dhabi unit

Al Khat Packaging, a top producer of printing and packaging materials in Kuwait, has started construction of its subsidiary plant at Khalifa Industrial Zone (Kizad) in Abu Dhabi, UAE. The Dh80-million ($27-million) subsidiary &lsq

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Al Khat Packaging begins construction of Abu Dhabi unit

Al Khat Packaging, a top producer of printing and packaging materials in Kuwait, has started construction of its subsidiary plant at Khalifa Industrial Zone (Kizad) in Abu Dhabi, UAE. The Dh80-million ($27-million) subsidiary &lsq

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KBBO hires banks for subsidiary London listing

UAE's investment company KBBO Group has hired Goldman Sachs and Morgan Stanley among others for an expected $1 billion-plus London listing for one its subsidiaries, sources close to the matter told Reuters. Privately-owned KBB

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RAK Ceramics fully acquires Iranian subsidiary

RAK Ceramics, a global hi-tech manufacturer of lifestyle ceramics solutions, has acquired the 20 per cent minority share of RAK Iran, thus making the latter its wholly owned subsidiary. Financed by the World Bank, RAK Ceramics set

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RAK Ceramics fully acquires Iranian subsidiary

RAK Ceramics, a global hi-tech manufacturer of lifestyle ceramics solutions, has acquired the 20 per cent minority share of RAK Iran, thus making the latter its wholly owned subsidiary. Financed by the World Bank, RAK Ceramics set

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EFG-Hermes launches leasing subsidiary

Egypt's EFG-Hermes, one of the Middle East's largest investment banks, said on Sunday it had launched a wholly-owned subsidiary, EFG Hermes Leasing, that would start operations immediately. The firm said in a statement tha

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B Braun opens Mideast subsidiary at DuBiotech

B Braun, a German medical and pharmaceutical device firm, has established a Middle East operating subsidiary at the Dubai Biotechnology and Research Park (DuBiotech), a free zone dedicated to facilitating and fostering growth in the UAE’s

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Visa in talks to buy former subsidiary for $20bn

Visa, a global leader in payment solutions, is in preliminary talks to buy former subsidiary Visa Europe, in a deal that could be valued at up to $20 billion, Bloomberg reported, citing people with knowledge of the matter. The tal

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Aquarion sets up subsidiary in UAE

Aquarion Group, a leading provider of advanced technologies for the oil & gas industry sector and process industries, has established a wholly owned subsidiary located in Sharjah, UAE. Aquarion Middle East will focus on provid

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Marsol launches oil & gas services subsidiary

Marsol International, a Dubai-based global marine solutions provider, has launched a new subsidiary, Marsol Oil & Gas Services, which will operate from a new office facility in the Port of Fujairah. The launch of Marsol Oil &a

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