UAE, Egypt to establish new JV for dredging and marine works
Egypt has signed a deal with United Arab of Emirates to establish a Joint stock venture for Marine and dredging…
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venture
BP seeks buyers for China petchem JV stake in up to $3 billion deal – Reuters
British oil major BP is seeking buyers for its 50 percent stake in a Chinese petrochemicals joint venture, its…
Nissan in talks with Panasonic, others to sell battery operations
Nissan Motor Co is in talks with Panasonic Corp and overseas companies including Chinese firms over the possible…
Saudi tech outreach causes debate in Silicon Valley
In mid-June, a delegation of Saudi Arabia officials hosted a dinner at San Francisco’s Fairmont Hotel to court…
Venture capital investments rebound for tech startups
Venture capital investments in startups rebounded in the second quarter, as a general stock market recovery helped…
Tata Group enters ecommerce market with apparel and electronics website
India's biggest conglomerate Tata Group launched an ecommerce venture on Friday, as it seeks to cash in on rising…
OCI-VINCI-Arab Contractors alliance to complete $300mn barrage in Egypt
A joint venture comprising of French VINCI, Egyptian Arab Contractors and Orascom Construction Industries will…
Nestle agrees on ice cream joint venture with UK’s R&R
Nestle (NESN.S) has struck a deal with Britain's R&R Ice Cream to form a joint venture that will sell ice cream…
Citigroup, U.S. Bancorp exit money-losing Brazil card venture
Citigroup Inc and U.S. Bancorp have agreed to sell Brazilian card payment processing joint venture Elavon do Brasil…
Apple joins forces with Pentagon for flexible technology
The Pentagon on Friday launched a new venture with giant American companies to…
Dubai Builder Arabtec Launches Venture With Samsung Engineering
Arabtec, the construction firm part-owned by Abu Dhabi state fund Aabar, said it launched a joint venture with…
UK’s High-Speed Mobile Service Costs $9bln
Everything Everywhere said its plan to offer high-speed mobile-phone services as the first U.K. operator will spur…
ST-Ericsson Cuts 1,700 Jobs
Loss-making chip maker ST-Ericsson will cut 1,700 jobs and shift a key part of its product to parent STMicro as it…
China Internet Firms Squeezed by Venture Capital Funding
China's hot Internet sector is facing a problem, as it is unaccustomed to lack of money. The world's largest…
Google’s Executives and Director Cameron Venture in Space
Google executive chairman Eric Schmidt and billionaire Co-founder Larry Page have teamed up with "Avatar" director…
Incubation Center Released by Dubai Silicon Oasis Authority
Dubai Silicon Oasis (DSO), the integrated free zone technology park, announced the launch of Silicon Oasis Founders…
Koreans develop Abu Dhabi oil fields
South Korea has signed a multi-billion dollar deal with Abu Dhabi National Oil Company (Adnoc) to develop three new…