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Dubai groups to develop big downtown complexThe Meydan Group and the Sobha Group, two conglomerates in Dubai, said on Wednesday they had agreed to form a joint venture to develop a major leisure, retail and residential complex adjacent to the city's downtown area. The c More… |
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Arabtec inks JV with Samsung EngineeringArabtec, the contractor part-owned by Abu Dhabi fund Aabar, signed an agreement with Korea's Samsung Engineering to jointly form a new company that will focus on large energy and power-related projects in the region. The JV company More… |
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Trivitron takes 100pc stake in healthcare JVIndia-based Trivitron, a global leader in medical technology, has converted an existing joint venture (JV) with Al Ghurair Group’s ETA Star Healthcare into a wholly-owned subsidiary in Dubai. The JV with the Al Ghurair Group More… |
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Saudi JV to build world’s largest butanol plantSaudi Kayan, Sadara Chemical and Saudi Acrylic Acid Company (SAAC) have joined forces to establish a new company, which will build the first butanol plant in the Middle East and the largest in the world. The Saudi Butanol Company, More… |
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SAICO-Cigna JV to boost Bahrain businessSaudi Arabian Insurance Company (SAICO) and health services company Cigna have launched a joint venture aiming to enhance their current partnership in developing their health, wellness and insurance products portfolio in Bahrain. More… |
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Sabic, Vopak launch JV for new storage terminalSaudi Basic Industries Corp (Sabic), a leading petchem manufacturer, and Cutch-based tank storage service provider Royal Vopak have launched a joint venture to build a new storage terminal in King Fahd Industrial Port at Jubail. T More… |
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Damac inks Iraq housing JV dealDubai developer Damac Properties has joined forces with Al Fao General Engineering Company, a subsidiary company of the Iraqi Ministry of Housing and Construction, to set up a new venture for development of its housing projects in the country. More… |
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Sabic, Shell progressing JV expansion plansPetrochemicals giant Saudi Basic Industries Corporation (Sabic) and Shell said they are progressing plans for the expansion of various projects at their joint venture Saudi Petrochemical Company (Sadaf). The joint venture partners More… |
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Batelco sues Indian ex-partner for $185mBatelco, the leading telecom operator in Bahrain, is suing ex-partner Siva for $185 million, claiming the Indian firm has failed to adhere to a settlement agreement over their joint venture S Tel, it said in a statement. S Tel was one o More… |
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BBK unit set to expand operationsBank of Bahrain and Kuwait (BBK) subsidiary Invita is set to expand its operations into Kuwait, said a senior official. The business process outsourcing (BPO) company has signed a joint venture shareholding agreement with Kuwait-b More… |
