Kuwait, Bahrain Ink Deal to Build Joint Fragrance FactorySource: www.export-egypt.com 10/30/2016, Location: Middle East |
|
|
|
|
|
Kuwait's Petrochemical Industries Company (PIC) inked a deal Sunday with Bahrain's National Oil and Gas Authority (NOGA) to build a joint fragrance factory in the Kingdom with an annual production capacity of 1,44 tons.
The deal was made during a meeting held earlier between visiting Bahraini Oil Minister Sheikh Mohamed bin Khalifa Al-Khalifa and Kuwaiti Acting Deputy Prime Minister and Minister of Finance and Minister of Oil Anas Al-Saleh, Mohammad Al-Farhoud, IPC's Chief Executive Officer and Board member of Directors, stated to KUNA. The agreement, which is based on the two countries' partnership, includes secondary products, Al-Farhoud noted, adding that details regarding that matter are to be discussed between the two sides later. It is the second partnership in petrochemicals between Kuwait and Bahrain following a previous successful one with Gulf Petrochemical Industries Company (BSC), in which the Kuwaiti company owns around 33.3 percent, he noted. |
|
|
Financials and Investment News in Kuwait >> |
 |
|||||
|
Egypt >> 11/21/2024 - An International Monetary Fund (IMF) mission led by Ivanna Vladkova Hollar wrapped up in-person discussions with Egyptian authorities in Cairo regardi...
|
Egypt >> 11/21/2024 - The Engineering Export Council of Egypt (EEC) revealed that engineering industry exports increased by 25.6 percent from January to September, reaching...
|
|
Egypt >> 11/20/2024 - Prime Minister Dr. Mostafa Madbouly held a meeting this morning at the government headquarters in the New Administrative Capital with Mr. Chang Won Sa...
|
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouly, with Mahmoud Esmat, Minister of Electricity and Renewable Energy Minister, and Sultan Al Jaber, UAE Ministe...
|
|
Egypt >> 11/20/2024 - Egypt and Australia have seen a significant surge in their bilateral trade relationship, with the trade volume increasing from $270 million in 2015 to...
|
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouli chaired the Cabinet’s weekly meeting in the New Administrative Capital.
The Cabinet is set to add... |
| Kuwait Oil & Gas 1 >> 2 | 3 | 4 | 5 | |
