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Joussour readies $158m funding for glass plantSaudi-based Swicorp Joussour said its unit Eastern Industrial Company (EICO) has raised SR592 million ($158 million) to partially fund its corrosion resistant glass fiber production plant project in Jubail Industrial City. EICO is 51 per c More… |
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Swicorp takes stake in RAK Ghani GlassSaudi-based Swicorp Joussour Company has acquired a strategic stake in RAK Ghani Glass in a joint venture with RAK Investment Authority, JS Group and Ghani Glass Ltd. Financial details of the transaction were not disclosed. Swisco More… |
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Swicorp snaps up key stake in ME drilling firmSwicorp Joussour Company has taken a majority stake in Mosvold Middle East Jackup Limited, a jackup drilling rig company. The company, to be operated by Mosvold Shipping Holding, has contracts with Maritime Industrial Services (MIS) for co More… |
Swicorp Joussour seals $149m ME transactionsSwicorp Joussour Company announced that it has completed SR546 million ($149 million) in transactions across the greater Mena region. Swicorp Joussour is a Saudi joint stock company launched by Swicorp with a capital of SR2.67 billion. More… |
