Monday 14 July 2014
Saudi JV

Accenture to launch ME operations

Accenture, a global management consulting, technology services and outsourcing company, said it has joined hands with Saudi-based Al Faisaliah Group to launch its operations in the Middle East region. As per the joint venture agreemen


Bahrain team to discuss JV projects in Saudi

A Bahrain business delegation is planning to visit Saudi Arabia to discuss setting up joint investment projects. The move was announced as a Bahrain Business Association (BBA) delegation led by chairman Shaikh Hesham bin Abdulrahman Al Kha


Damas takes controlling stake in Saudi JV

Jeweller Damas International, which recently reached an agreement with its lenders to restructure $872 million in debt, has acquired a controlling stake in its Saudi Arabian joint venture, Damas Saudi Arabia Company. Damas acquired 49 per


Saudi, Shell JV at 2nd phase in gas exploration

A joint venture between Royal Dutch Shell and Saudi Aramco said it had begun a second phase of planned gas exploration in Saudi Arabia, during which it plans to drill three wells in the Rub Al Khali area. In a rare opening for internationa


Alcoa-Saudi JV raises $4.5bn for mega plant

Alcoa's joint-venture with Saudi Arabian Mining Company (Maaden) has raised $4.5 billion in debt for their giant aluminium project, three bankers close to the deal said on Saturday. Pricing for the combined conventional and Islamic deb


Reliance Money in Saudi JV

India's Reliance Money, a unit of financial services company Reliance Capital Limited, said on Thursday it had launched a joint venture in Saudi Arabia as it seeks to expand its international presence. Reliance Money will hold the majority

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