Friday 20 April 2018
 
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venture

New Bahrain Duty Free JV formed

Gulf Air Group Holding BSC (GFG) and Bahrain Duty Free Shop Complex (BDFS) have signed an agreement for the the establishment of a new joint venture under the name of Bahrain Duty Free Company (BDFC), said a report. BDFC will inve

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Auto giants set up $1bn venture capital fund

Mitsubishi have announced the launch of Alliance Ventures, a new corporate venture capital fund that plans to invest up to $1 billion to support open innovation over the next five years. Renault (40 per cent), Nissan (40 per cent)

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Auto giants set up $1bn venture capital fund

Mitsubishi have announced the launch of Alliance Ventures, a new corporate venture capital fund that plans to invest up to $1 billion to support open innovation over the next five years. Renault (40 per cent), Nissan (40 per cent)

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Alibaba, Marriott announce new JV

Alibaba Group Holding and Marriott International have announced the establishment of a joint venture to redefine the travel experience for hundreds of millions of Chinese consumers travelling abroad and domestically every year. Th

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Bahri, Bolloré to establish new logistics joint venture

National Shipping Company of Saudi Arabia (Bahri), a leader in logistics and transportation, has signed an agreement with the international Group Bolloré, to establish a new logistics joint venture between the company and Bolloré L

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Etihad Aviation Group, TUI AG end JV negotiations

Etihad Aviation Group has terminated negotiations with TUI AG , in relation to a potential joint venture involving the leisure operations of Air Berlin Group and the German TUIfly company, the airline has confirmed. In a statment

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Dusit International forms JV in Japan

Global hospitality company Dusit International today announced the formation of Dusit Colours Co., Ltd., a joint venture company launched in partnership with Colours International, operator of the E-Hotel chain, in Japan. Marking

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UAE sets up legal system for venture capital funds

The UAE Government has set up a legal system for venture capital funds, which is one of the first projects approved by the Government Accelerators initiative. The Government Accelerators initiative was launched by HH Sheikh Mohamm

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Qatar Airways, IAG announce new JV agreement

Qatar Airways and British Airways’ parent company, International Airlines Group (IAG), have announced a joint business agreement that will come into effect on October 30, 2016. The joint business will benefit customers by of

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Iran, S Korea to discuss joint fish farming venture

Iran is set to hold talks with South Korea on boosting cooperation in the fisheries sector and plans for a joint fish farming venture, said a report. The talks will be held in Iran later this week and will involve officials from S

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