British mineral exploration and development company Afferro Mining Inc. has announced that British Columbia Supreme Court has issued a final order approving the previously announced proposed acquisition of Afferro Mining by UK-based iron ...
Tags: Afferro Mining, iron ore
Citadel Capital, an investment company based in Africa and the Middle East, has secured a 49% stake in ent company based in Africa and the Middle East, has secured a 49% stake in Sphinx Glass, a float glass manufacturer, from DH Investors ...
Tags: Sphinx Glass, Citadel Capital
A new shipbuilding yard that is jointly developed by Keppel Offshore & Marine Ltd (Keppel O&M), State Oil Company of Azerbaijan Republic (SOCAR) and Azerbaijan Investment Company (AIC) was officially opened this morning by President of ...
Tags: Transportation, shipbuilding
The takeover of Klenk by the US investment company The Carlyle Group was completed on 30 August 2013; this marks the conclusion of the M&A process involving Klenk that had been underway since autumn 2012. According to a report from ...
Tags: Construction, Decoration
Yango Group (SZSE: 000671) its subsidiary Shanghai Fuliteng Real Estate (transliterated) and third party Fuzhou Xinyibo Investment Company (transliterated) co-spent CNY 2.547 billion winning a plot of land in Xinshi Town, Chuansha, Pudong ...
Tags: Real Estate, Construction
The US investment company The Carlyle Group is to take over all shares in Klenk. The takeover will be effected in the form of a share deal which will be handled by CSP III Klenk Ltd., a company which is headquartered in the Cayman Islands ...
Tags: Construction, Decoration, economy
Specialty life-science investment company Torrey Pines Investment (TPI) has signed a multi-million dollar joint investment framework agreement with BioMotiv, a biotech accelerator associated with The Harrington Project for Discovery & ...
Tags: Drug Development, Torrey Pines
The Zumtobel group has bought the remaining shares in its joint venture Thorn Lighting Tianjin and plans to expand the business to cater for all outdoor lighting applications. Zumtobel previously held a 70 per cent stake in the joint ...
Tags: Outdoor Lighting, Lights, Lighting
In the second quarter of 2013, we generated a profit of $201 million compared to profit of $186 million for the second quarter of 2012. The increase was primarily due to lower finance costs in the second quarter of 2013. For the six ...
Tags: Profits, NOVA Chemicals
Singapore’s Singbridge Holdings has entered into an agreement set up a management company for the development of food zone in the province of Jilin, China. Under the agreement, Singbridge will hold 40% in the joint venture, while ...
Tags: Food Zone, Singbridge
The UK's Petrofac has agreed to increase its stake in the Abu Dhabi-based Petrofac Emirates joint venture to 75% from 50% as the remaining state-owned holding is privatized, Petrofac said Thursday. Following both transactions, the ...
Tags: Petrofac Emirates, Chemicals
Partners Khaled Juffali Company (KJC), a Saudi Arabian investment company, and concentrating photovoltaic (CPV) solar system maker Soitec of Bernin, France, say that the Saudi Arabian Oil Company (Saudi Aramco), a global petroleum and ...
Tags: Soitec CPV, Solar, Electrical, Electronics
UAE Prime Minister and Vice-President Shaikh Mohammed bin Rashid Al Maktoum has announced the launch of a district dedicated to developing the country’s fashion, design and luxury sectors, to be created in Dubai. The Prime Minister ...
Tags: Fashion District, UAE PM
The UK’s Financial Conduct Authority (FCA) has fined £6,031,200 against investment company Sesame for providing unsubstantial investment advices to clients and poor management of systems and controls to check its appointed ...
Tags: Investment Advising, FCA
Glass LLC, glass pioneers in the Middle East and wholly owned by Dubai Investments (DI) PJSC, the largest investment company listed on the Dubai Financial Market, hosted international experts, investors and manufacturers from the glass ...