Saturday 12 July 2014
 
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venture

Ireland's Klondike plans Qatar cooling tech JV

Irish thermal management solutions provider Klondike Technologies said it has signed a MoU with Qatar-based Dyarco International Group as a precursor to establishing a joint venture in Qatar. The new company will manufacture its K

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Kingdom Holding in deal with French group

Kingdom Holding Company and Caisse des Dépôts International Capital (CDCIC) has signed a deal to establish an investment vehicle to be jointly managed by the two companies.   The deal seeks to develo

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Kingdom Holding in deal with French group

Kingdom Holding Company and Caisse des Dépôts International Capital (CDCIC) has signed a deal to establish an investment vehicle to be jointly managed by the two companies.   The deal seeks to develo

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Bahrain to lift restrictions on new ventures

Restrictions on forming companies in Bahrain could be waived as the government seeks more foreign investment.   Parliament yesterday voted in favour of amendments to the law presented by Industry and Commerce Min

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Sabic in Mauritania iron ore venture

Saudi Basic Industries Corp (Sabic), a leading petrochemical group, is carrying out new iron ore exploration in northern Mauritania. The feasibility study and exploration at Atomai Mines in Zouerate is part of a joint venture agre

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Startup entrepreneurs pitch businesses to experts

Eighteen startup entrepreneurs from throughout the Arab world gathered in Doha to pitch their businesses to an audience of investors, mentors and entrepreneurship experts. The first Doha Venture Day was held at the Renaissance Hot

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VCBank reports $2.5m in net profit

Venture Capital Bank, a Bahrain-based Islamic investment bank, has reported a net profit of $2.5 million for the quarter ended September 30, as compared to $2 million for the same period last year. Its total revenues has continued

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UAE's Tasweek in JV to build hotels in Asia

UAE-based Tasweek Real Estate Marketing and Development said it has joined hands with a leading Gulf asset manager to develop hotels and resorts in prime tourism and business hubs across Southeast Asia and other key regions of interest to Gulf inv

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Arab Bank signs deal with Oasis500

Arab Bank has signed a deal with Oasis500, a premier early stage and seed investment company based in Amman, to invest JD250,000 ($352,609) in Oasis Venture 1 (OV1). The OV1 aims to facilitate investment in information and communications t

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Aramco, Dow to net $1bn a year from venture

A mammoth petrochemical joint venture between Saudi Aramco and Dow Chemical should net $500 million annually for each of its owners when it opens in five years, Dow said. The companies are spending $20 billion to build one of the world'

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