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Saudi’s SAMI signs joint venture agreement with US-based Boeing

Saudi Arabian Military Industries (SAMI), a wholly-owned subsidiary of the Public Investment Fund (PIF), has signed a preliminary agreement with US-based leading aerospace company...

UAE’s Sigma Engineering forms JV with UK-based MNB Precision

UAE's leading engineering services provider Sigma Engineering Works has formed a joint venture (JV) with UK-based MNB Precision in order to provide advanced machining,...

IHC’s Al Seer Marine forms $169mn JV with BGN International to...

Al Seer Marine, a subsidiary of Abu Dhabi-based International Holding Company (IHC), has formed a $169.91 million joint venture (JV) with BGN International, a...

BP, Eni aims to become Africa’s largest energy firm; Considers joint...

The global energy giants BP and Eni are considering merging their oil, gas and liquefied natural gas assets in Angola into a joint venture...

Abu Dhabi’s Injazat joins with Lamprell to hasten digitalization of oil...

Abu Dhabi’s market leader in digital transformation, cloud, and cybersecurity, Injazat has entered into a joint venture (JV) agreement with Lamprell, a leading provider...

Ford halts all projects with India’s Mahindra to rethink strategy: Reports

According to sources, the American automaker Ford Motor has frozen all projects it was working on with India’s Mahindra & Mahindra while it finalizes...

ADQ and ADNOC create JV; Will invest mutually in chemical projects

The Abu Dhabi National Oil Company (ADNOC) and ADQ a state-owned holding company have entered a Joint Venture (JV) agreement to create a new...

Digital Alliance; Carmaker Volkswagen draws rivals to collaborate on its OS

Recent reports suggest a possible alliance between German automaker Volkswagen and its rivals as Volkswagen seems to have initiated discussions with others towards working...
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