Saturday 24 June 2017
 
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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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Spain, Qatar plan $1bn joint investment fund

Spain and Qatar plan to sign a an agreement to form a $1 billion joint investment fund that would help the Gulf state invest in Latin America, said a senior official in a report. Ignacio Escobar, Ambassador of Spain to Qatar, said

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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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Iran to invest in Spanish oil refinery construction

Iran is planning a 50 per cent co-operation in the construction of a refinery in Spain, according to a report.   Under the contract, Iran will make the 50 per cent investment, and Spain will buy all its required

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Iran firm sets up 15 drilling rigs in joint fields

The National Iranian Drilling Company (NIDC) has set up 15 offshore and onshore drilling rigs in joint fields spudding 100 wells, according to a report.   The company i currently drilling wells in Azadegan, South

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OAK Utility enters into key technology JV in Saudi

A strategic joint venture has been agreed between Bahrain-based solutions provider, OAK Utility Solutions and Development, and Haka Group in Saudi Arabia.     The exclusive agreement is to lunch the new and

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OAK Utility enters into key technology JV in Saudi

A strategic joint venture has been agreed between Bahrain-based solutions provider, OAK Utility Solutions and Development, and Haka Group in Saudi Arabia.     The exclusive agreement is to lunch the new and

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Indian state refiners join forces in bid for better Opec deals

Indian state refiners are jointly negotiating oil purchase deals with Opec producers for the first time, as the world's third biggest consumer seizes on low prices to wrest better terms in a market awash with crude.  

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