-
EDGE Group, Indra form JV
It will make next-generation radar systems in UAE.
-
Binaa Al Bahrain aims to create expansive mixed-use projects
ABU DHABI, UAE – Chairman of Eagle Hills International Mohamed Alabbar has said that US$4 billion joint venture Binaa Al Bahrain company aims to create expansive mixed-use projects, offering diverse residential, commercial and entertainment opportunities designed to elevate the overall local community experience. The JV was set up by an... -
EDGE Group, Fincantieri launch multi-billion dollar joint venture
Abu Dhabi, UAE -- EDGE, an advanced technology and defense groups, and Fincantieri, one of the largest shipbuilding companies in the world, have agreed to create a joint venture (JV) to capitalize on global shipbuilding opportunities with a focus on the manufacturing of a broad range of sophisticated naval vessels.... -
Construction in China-Saudi Arabia ethylene project begins
FUZHOU, CHINA - Construction of the main complex of a joint-investment ethylene project, which involves petrochemicals giant Saudi Basic Industries Corporation (SABIC), began on Monday in east China's Fujian Province. The project, with a total investment of US$6.3 billion (44.8 billion yuan) from SABIC and Fujian Energy Petrochemical Group Co.... -
ADNOC and bp to form gas JV
The JV is expected to be completed in the second half of 2024. -
Presight AI, Samruk-Kazyna launch JV
The partnership aims to accelerate digital transformation in Kazakhstan. -
ADNOC Drilling, Alpha Dhabi set up JV
The two companies will invest up to US$1.5 billion. -
QatarEnergy inks second 27-year gas supply deal with China’s Sinopec
DOHA, QATAR - Qatar has agreed to supply Sinopec with natural gas for 27 years, the Gulf emirate's state-owned energy company said on Saturday, its second such deal with the Chinese firm.  Doha will supply three million tonnes of gas a year under the deal, QatarEnergy said, announcing another agreement granting... -
Mulk, Ajman Holding form JV
Collaboration in the T10 Cricket League key element of the JV. -
PIF, Pirelli establish a JV Â
The JV will set up a facility to make tires in Saudi Arabia. -
Al Seer Marine receives new very large gas carrier, fleet size rises to 20
ABU DHABI, UAE - Al Seer Marine, a subsidiary of Abu Dhabi-based International Holding Company, has announced the takeover of the very large gas carrier (VLGC) North Gas. This strategic move marks the second VLGC delivery under the US$134 million (AED495 million) deal signed by ABGC DMCC, a joint venture... -
TotalEnergies, Adani Group set up JV for wind, solar power production in India
PARIS, FRANCE - French firm TotalEnergies and Indian group Adani unveiled plans on Wednesday to create a joint venture to develop wind and solar electricity production in India. The joint venture will include wind and solar assets that Adani Green Energy Limited (AGEL) already operates and is building and developing in India,... -
NDF helps in financing of US$2.2bn renewable energy project
RIYADH, SAUDI ARABIA - The National Development Fund (NDF) on Sunday said it will contribute US$453 million (SAR1.7 billion) to the US$2.2 billion (SAR8.3 billion), 2.6 GW Al Shuaibah solar project that is to be carried out by the National Infrastructure Fund (under establishment). This is one of the world’s... -
ADNOC Gas awards $3.6bn contract to expand its gas processing infrastructure
Abu Dhabi, UAE: ADNOC Gas, the integrated gas processing company, announced on Wednesday the award of a $3.6 billion (AED13.1 billion) contract to the joint venture between National Petroleum Construction Company Co. and Tecnicas Reunidas to expand its gas processing infrastructure in the UAE. The scope of the contract includes... -
DUBAL, Oriental Copper ink MoU
JV will manufacture high-quality copper products in UAE. -
AD Ports Group, Premier Marine set up a JV SAFEEN Drydocks
ABU DHABI, UAE - AD Ports Group, a leading facilitator of global trade, logistics, and industry, and Premier Marine Engineering Services, a UAE-based shipyard company on Sunday announced the formation of a new joint venture, SAFEEN Drydocks. AD Ports Group will own 51 percent of the joint venture and the... -
AD Ports Group signs 50-year pact with Karachi Port Trust for container terminal
ABU DHABI, UAE/ KARACHI, PAKISTAN - AD Ports Group announced on Thursday the signing of a concession agreement with Karachi Port Trust (KPT), the Pakistani federal government agency that oversees the operations of Karachi port. Under the terms of the 50-year concession agreement, a Joint Venture between AD Ports Group,... -
ESG, Q Holding form joint venture
JV to develop accommodation project in Abu Dhabi island. -
Saudi firm signs pact to explore minerals in area the size of Denmark
Under the agreement, Saudi Arabian Mining Company (Ma'aden) will buy 9.9% shares of Ivanhoe Electric and use Ivanhoe's Typhoon surveying technology to explore an area of over 48,500 sq km of licensed sites in the kingdom for minerals. -
Qatar, Spain launch innovation program to support collaborative research
Doha, Qatar: Qatar and Spain have launched the Qatar Spain Innovation Program (QASIP), a joint venture between the Qatar Research, Development, and Innovation (QRDI) Council and the Spanish Centre for the Development of Technology and Innovation (CDTI). The program is geared to support collaborative research and development projects across all... -
Aldar, Mubadala to develop new commercial assets on Al Maryah Island
Abu Dhabi, UAE - Aldar Properties and Mubadala Investment Company have signed an agreement to develop commercial assets in Al Maryah Island, Abu Dhabi, which will be located within the capital's international financial centre and free zone Abu Dhabi Global Market (ADGM). The joint venture once finalised will provide capacity... -
Al Seer signs JV
The agreement was signed with Damen Shipyards and DTec Industries. -
Mubadala, Aris Gold sign agreement
The pact is meant for operation of Soto Norte Gold Project in Colombia. -
Sadara Chemical Co. posts SR3.1bn profit
Sadara Chemical Co., a joint venture between oil major Saudi Aramco and US Dow Chemical Co., has posted a net profit of SR3.1 billion in 2021, a bourse filing revealed. -
Aramco JV inks China deal
The refinery, in China’s Panjin, should be operational by 2024. -
Masdar, Mitrabara announce JV
The venture targets commercial and industrial segment. -
REEF, Americana Group to open cloud kitchens across MENA region
Cloud kitchens are kitchens built only for delivery orders, pioneered in the biggest US cities before they spread across the world. -
SAMI of KSA and a French firm set up a joint venture
The Saudi Arabian Military Industries, a subsidiary of the Public Investment Fund, launched a joint venture with French company Figeac Aero to produce aerostructure components in the kingdom. -
Aramco, TotalEnergies launch stations
The service stations are part of a joint venture signed in 2019. -
Alsulaiman Group and Livspace announce a Joint Venture
Both ASG and Livspace have invested about $50 million to fuel regional growth and become market leaders. -
Samsung SDI, Stellantis deal
The two companies will set up EV battery joint venture -
Mubadala mining JV unit sold
Matsa is a JV subsidiary of Mubadala and Trafigura. -
Aramco taps Honeywell for sustainability, productivity
This cooperation builds on a 2017 MoU between Honeywell and Aramco to explore the benefits of Honeywell's Industrial Internet of Things offering. -
Tabreed ups cooling-scheme stake
The exclusive scheme supplies Al Maryah Island in Abu Dhabi. -
Chevron JV wins $240m Bapco deal
This is the largest catalyst management deal in Bapco’s history. -
Mulk JV to launch Alubond in US
The JV will launch Mulk’s Alubond brand of façade materials in the US. -
Griffith Foods and IFFCO joint venture debuts in Middle East
Griffith Foods and the IFFCO Group are launching a joint venture in the Middle East to make and sell food ingredients -
Seera, Kaden to launch hotels across Saudi Arabia
The result of the deal is a joint venture that will manage and set up hotels in various projects by Kaden Investment throughout the country The first of these hotels will be launched at the Riyadh Front business park Travel and tourism company Seera Group and Kaden Investment have signed... -
WPP teams up with Tihama to form a Saudi media joint venture
WPP and Tihama join hands to form a new Saudi media joint venture WPP will have 70 percent stake in the company and Tihama will hold the rest WPP, one of the world’s largest advertising agencies, and Tihama Advertising, Public Relations and Marketing have teamed up to establish a new... -
Oman-India JV marks launch of quartz stone project in Sohar
The plant began its commercial production last week after a trial run of its plant and machinery MAVPL and its subsidiary Madhav Surfaces have jointly invested around $10 million to set up the high-tech plant An Omani-Indian joint venture has led to the setting up of a quartz stone products...