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FINANCIAL NEWS
Al Rayan creates JV with Malaysian oil firm
02 Jun 2010
(MENAFN) Doha-based Al Rayan Investment LLC signed a joint venture agreement with Malaysia-based oil and gas services company, SapuraCrest Ventures Sdn Bhd, a wholly-owned subsidiary of Sapuracrest Petroleum Berhad, QNA reported.
In the newly-created joint venture, Al Rayan will own 51 percent of issued shares while SapuraCrest Ventures will own the remaining 49 percent.
The joint venture will see the incorporation of a new company called SapuraCrest Qatar LLC, which will leverage the expertise and experience of SapuraCrest Petroleum in the oil and gas services sectors in Qatar.
The joint venture will be established after seeking and obtaining the necessary approvals from all relevant authorities.
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02 Jul 2025
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12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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