Friday 29 March 2024
 
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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

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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

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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

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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

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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

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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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