Wednesday 1 July 2015
 
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venture

Riyadh Valley inks summit deal with French firm

Riyadh Valley Company, the investment arm of the King Saudi University, has inked a partnership with Naseba, a French business facilitation company. Under the deal, the firms will create, develop and manage the Mena Venture Capita

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Zain Group invests in Wamda Capital fund

Zain Group, a leading innovator of mobile communications in eight markets across the Middle East and Africa, has announced its second foray into venture capital investment through a strategic participation in Wamda Capital's growth stage ven

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Modern Exchange Co eyes major push in Bahrain

Bahrain's liberal economy and potential clientele base have attracted Modern Exchange Company (MEC) to enter the kingdom's market. The firm, a new joint venture between Al Mulla International Exchange Company (AMIEC) based

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Major venture capital issues discussed in Bahrain

Venture capital issues were discussed at a key meeting in Bahrain yesterday (May 6). The Waqf Fund held its eighth roundtable discussion on 'Venture Capital - Building the Next Phase of Economic Development in Bahrain' at

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Johnson Controls, Hitachi to form HVAC venture

Johnson Controls, Hitachi and Hitachi Appliances have entered into a definitive deal for their global HVAC joint venture at the ongoing World Economic Forum in Davos, Switzerland. The new joint venture will allow both companies to

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Oman plans $258m dairy joint venture

A joint venture mega dairy project with a capital investment of about RO100 million ($258.8 million) is in the pipeline in Oman, in a move to achieve self-sufficiency in dairy production and food security, a report said. The ventu

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Oman plans $258m dairy joint venture

A joint venture mega dairy project with a capital investment of about RO100 million ($258.8 million) is in the pipeline in Oman, in a move to achieve self-sufficiency in dairy production and food security, a report said. The ventu

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Jeeves joint venture launches operations in Doha

Jeeves of Belgravia, a London-based garment care company offering dry cleaning and laundry services, has opened its operations in Doha, Qatar. The company is capitalising on the growing local and regional demand for world-class dr

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ABB, Hitachi in deal to form power grid JV in Japan

ABB and Hitachi has signed a deal to form a new joint venture for high voltage direct current (HVDC) system solutions in Japan. The new entity, to be based in Tokyo, will be responsible for the design, engineering, supply and afte

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Bahrain-UK joint venture to be new bus operator

A joint venture between UK-based National Express and Bahrain’s Ahmed Mansour Al Aali (AMA) will be the new public bus operator in the kingdom. This follows the signing of a concession agreement between the operator and the

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