6 result(s) displayed (1 - 6 of 6):
U.K.-based Burberry Group plc is forming a joint venture to expand its presence in the Middle East. The luxury goods maker has formed Burberry Middle East with UAE-based Jashanmal Group, which has been a Burberry franchisee for a decade. The venture will sell and distribute high-end clothes in the region...
Posted on November 20, 2008 10:30 AM
UBS is expanding its Middle Eastern investment with a second joint venture in the region. On Monday, the bank announced that UBS Global Asset Management is forming a 50/50 joint venture with the private equity firm MerchantBridge to identify and manage investments in the Middle East. Dubai-based MerchantBridge-UBS Private Equity...
Posted on November 17, 2008 10:45 AM
Debt-ridden Advanced Micro Devices Inc., the second-largest global supplier of microprocessors, is spinning off its manufacturing business into a joint venture with Middle Eastern investors so it can focus on the business of designing microprocessors. The new manufacturing entity, the Foundry Co., will include a soon-to-be-built factory near Albany, N.Y.,...
Posted on October 7, 2008 10:24 AM
The Walt Disney Co. continues to expand its footprint in Asia. The company's Disney Interactive Studios has reportedly reached a deal to acquire the Chinese company Gamestar. That deal follows news that Disney's Internet Group had reached a deal with China...
Posted on April 8, 2008 1:09 PM
Nokia Siemens Networks, the joint venture between Finland's Nokia Corp. and Germany's Siemens AG, signed a $935 million contract to create a greenfield mobile network for Middle Eastern carrier Zain in Saudi Arabia. The JV will provide Zain with the latest 2G and 3G mobile network technologies. The deal...
Posted on January 7, 2008 4:54 PM
Turmoil in the Middle East and nationalism in Venezuela and elsewhere have U.S. energy companies shopping for hydrocarbons in and around the U.S. That's one of the reasons why Anadarko Petroleum Corp., for example, bought Kerr-McGee Corp. and Western Gas Resources Inc. in one swoop last year for $23...
Posted on August 15, 2007 4:32 PM
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