Monday 8 February 2016
 
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venture

Qatar Petroleum, Qatar Electricity plan solar power venture

State-owned oil and gas producer Qatar Petroleum and utility Qatar Electricity and Water Company (QEWC) said they had agreed to establish a $500 million venture to generate electricity from solar power.   A memor

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Qatar Petroleum, Qatar Electricity plan solar power venture

State-owned oil and gas producer Qatar Petroleum and utility Qatar Electricity and Water Company (QEWC) said they had agreed to establish a $500 million venture to generate electricity from solar power.   A memor

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$100m Bahraini fund for first cloud accelerator in Mena

A $100 million allied venture capital fund based in Bahrain will work as the first cloud technology accelerator in the Middle East and Africa (Mena) region, it has emerged. Known as the Gulf Technology Corporation, the fund will be managed by

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Mubadala forms JV with Trafigura to invest in base metals

Mubadala Development Company, an Abu Dhabi-based investment and development company, and Trafigura Group, a leader in the global commodities industry, have created a 50/50 joint-venture company to invest in the base metals mining sector.

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ABG, Venture Capital top key Islamic banks list

Bahrain’s Al Baraka Banking Group (ABG) and Venture Capital Bank lead the GCC Islamic Financial Disclosure Index Rankings, it has emerged.    The conveners of the 22nd annual World Islamic Banking Conf

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Fortress Capital, Film Clinic set up joint venture firm

Fortress Capital Investments, a leading investment firm operating in the Middle East, has collaborated with Film Clinic, a key production company in the Middle East and North Africa (Mena) region, to set up a joint venture company.

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Fortress Capital, Film Clinic set up joint venture firm

Fortress Capital Investments, a leading investment firm operating in the Middle East, has collaborated with Film Clinic, a key production company in the Middle East and North Africa (Mena) region, to set up a joint venture company.

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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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