Friday 25 July 2014

Japan group acquires 25.7pc stake in Medgulf

Japan headquartered Orix Corporation has acquired 25.7 per cent stake in Bahrain-based The Mediterranean and Gulf Insurance and Reinsurance Company (Medgulf), a report said. The stake was acquired for $2.24 million, reported the G


Kipco, Japanese firm eye Algeria project

Kuwait Projects Company (Kipco) said on Thursday it planned to enter into a "strategic partnership" with Japan's Orix Corporation and that the companies were mulling a joint project in Algeria. Kipco, Kuwait's la

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