Wednesday 26 November 2014
 
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Joint venture

Mubadala H1 profit up 23pc on JV income

Mubadala, the Abu Dhabi state-owned investment fund with a mandate to develop the emirate's economy, posted a 23 per cent increase in profit for the first half of 2014, aided by higher income from its joint ventures. Mubadala,

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SAP unit signs JV for Kuwait expansion

ProCons, the accredited SAP gold partner and Master VAR for SAP Business One, has signed a joint venture with Al-Awama Group of Companies, a diversified Kuwaiti Group, for ProCons’ expansion in the country. Kuwait, which is

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Sabic, Lockheed partner for carbon nano materials

Saudi Basic Industries Corporation (Sabic) and Lockheed Martin have partnered to establish a new joint venture company in Saudi Arabia to develop carbon nanostructure materials for a variety of end markets and applications. Under

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Saudi Qudurat, Spanish firm launch logistics JV

Saudi Qudurat Holding for Development and Spanish Como recently entered into a joint venture agreement to form a new company specialized in supplying logistics and operational services for mega projects in the GCC countries. Como

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Saudi Qudurat, Spanish firm launch logistics JV

Saudi Qudurat Holding for Development and Spanish Como recently entered into a joint venture agreement to form a new company specialized in supplying logistics and operational services for mega projects in the GCC countries. Como

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Saudi Qudurat, Spanish firm launch logistics JV

Saudi Qudurat Holding for Development and Spanish Como recently entered into a joint venture agreement to form a new company specialized in supplying logistics and operational services for mega projects in the GCC countries. Como

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MGM Resorts, Hakkasan form JV

MGM Resorts International,  a leading global hospitality company, and London-based Hakkasan Group have formed a joint venture hotel management company. MGM Hakkasan Hospitality will focus on the design, development and manage

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Deutsche Bahn joins Etihad Rail in UAE railway venture

The United Arab Emirates' railway developer Etihad Rail has signed a joint venture deal with a unit of Germany's Deutsche Bahn to operate and maintain the Gulf country's planned $11 billion rail network, it said on Tuesday.

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Kuwait group inks JV deal with China jeweller

Kuwait Support Services Company (KSS), a major multi-business group headed by Sheikh Ameer Al Sabah of Kuwait, has signed a joint venture agreement with China-based Kingold Jewelry, a leader in design and manufacture of gold jewellery.

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Pentair, IDC launch industrial services JV

Pentair, a global water, fluid, thermal management company, and International Development Company (IDC) have launched a joint venture to service valve, actuator and industrial equipment in Mussafah, Abu Dhabi. “Pentair is ex

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