Monday 14 July 2014

A-Map to launch new lubricant at Automechanika

A-Map, a leading Dubai-based automotive aftermarket parts distributor, will introduce its new range of lubricant at this year’s Automechanika Dubai 2014, one of the largest annual trade events for the global automotive aftermarket industry


Saudi firm to buy out partner's share in Petromin

Saudi Arabian family firm Dabbagh Group is in the advanced stages of buying out its Indian partner's stake in a lubricant venture in the kingdom, a deal prompted by strategy differences between the partners, three sources aware of the matter


Alhamrani eyes stake sale in lubricant venture

The Alhamrani Group, a family-owned Saudi conglomerate, is considering the sale of its approximate two-thirds stake in a lubricant business joint venture with Germany's Fuchs Petrolub, two banking source said.     


Gulf Oil buys Saudi Petromin

Gulf Oil International Ltd, a Hinduja Group company, along with its joint venture partner the Dabbagh Group in Saudi Arabia, today announced the acquisition of Petromin. Petromin is a joint venture between Saudi Aramco (71 per cent) and Mo


Castrol celebrates Edge anniversary

Castrol, the global motor lubes maker, is celebrating the first anniversary of the launch of Castrol Edge, a new range of synthetic engine oils for the consumer market, with a hot competition. Consumers have a chance to win exciting prizes

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