Monday 25 May 2015
 
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Joint venture

SEC-GE joint venture to boost power plant ops

Saudi Electricity Company (SEC) and GE recently signed a Memorandum of Understanding (MoU) to set up a joint venture that will extend operations and maintenance (O&M) support to SEC’s power plants in the kingdom. GE will

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Saudi Taqa launches JV with Norway’s Archer

Saudi Arabia's Industrialization & Energy Services Co (Taqa) has signed an agreement with a subsidiary of Norway's Archer to set up an oil and gas joint venture in Saudi Arabia, Taqa said on Wednesday. Archer is the oi

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Drake, Habtoor partner for $1.09bn Dubai project

Dubai's Drake & Scull International (DSI) has formed a Dh395 million ($107.55 million) joint venture with Habtoor Leighton Specon (HLS) to provide mechanical, electrical and plumbing (MEP) services for part of the Dh4 billion ($1.09 bill

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BAC-nogaholding JV to manage airport fuel ops

Bahrain Airport Company (BAC), the managing body of Bahrain International Airport (BIA) and nogaholding will launch a joint venture for the operation of the fuel farm complex at Bahrain International Airport (BIA). The Memorandum

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BAC-nogaholding JV to manage airport fuel ops

Bahrain Airport Company (BAC), the managing body of Bahrain International Airport (BIA) and nogaholding will launch a joint venture for the operation of the fuel farm complex at Bahrain International Airport (BIA). The Memorandum

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Chestertons, Medad launch JV in Saudi Arabia

UK-based Chestertons, an international property agency, has entered into a joint venture agreement with Medad Valuation International to establish operations offering consultancy services across Saudi Arabia. Medad Valuation Inter

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Barwa Bank leads $1bn financing for Qatar metro JV

Barwa Bank, based out of Qatar, has been appointed as the sole book runner to arrange financing of more than QR3.65 billion ($1 billion) for a joint venture that won a bid for the country's metro project from Qatar Rail. The A

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Barwa Bank leads $1bn financing for Qatar metro JV

Barwa Bank, based out of Qatar, has been appointed as the sole book runner to arrange financing of more than QR3.65 billion ($1 billion) for a joint venture that won a bid for the country's metro project from Qatar Rail. The A

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Mubadala H1 profit up 23pc on JV income

Mubadala, the Abu Dhabi state-owned investment fund with a mandate to develop the emirate's economy, posted a 23 per cent increase in profit for the first half of 2014, aided by higher income from its joint ventures. Mubadala,

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SAP unit signs JV for Kuwait expansion

ProCons, the accredited SAP gold partner and Master VAR for SAP Business One, has signed a joint venture with Al-Awama Group of Companies, a diversified Kuwaiti Group, for ProCons’ expansion in the country. Kuwait, which is

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