#Joint Venture

Aramco, Geely and Renault venture

Saudi Aramco plans to set up powertrain JV with Renault, Geely

Aramco will be a minority stakeholder in the venture while Geely and Renault are expected to retain equal equity stakes

Burjeel Holding enters Saudi market via agreement to establish 60 clinics

Burjeel Holding enters Saudi market via agreement to establish 60 clinics

The ADX-listed healthcare services provider signed a MoU with Leejam Sports Company to create a joint venture

Honda battery plant

Honda, LG will build $4.4bn EV battery plant

The duo will set up a joint venture for the plant with construction starting early 2023

TotalEnergies Qatar

TotalEnergies wins stake in $29bn Qatari gas project

TotalEnergies will own 25 per cent of a joint venture with QatarEnergy, with the venture in turn holding 25 per cent of North Field East

Saudi Aramco JV to develop refinery and petrochemical complex in China

The facility will be built in the city of Panjin, in China’s Liaoning Province

ADNOC, Borealis hiring banks for IPO of plastics joint venture

Borouge manufactures plastics used in everything from automobiles and food packaging to medicine vials and piping systems