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Kipco to acquire Qurain Petrochemical Industries to strengthen financial standing

RIYADH: Kuwait Projects Co., known as Kipco, expects to acquire Qurain Petrochemical Industries Co. this year, as S&P signals it would struggle to enhance its financial position without the deal. Last March, the two companies signed an agreement to assess a potential merger that would create a firm with a market value of $2.7 billion, according to Bloomberg.
Kuwait General Ar Riya Saudi Arabia Eman Al Awadhi Kuwait Projects Co Qurain Petrochemical Industries Co

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Top 15 innovative startups in the Middle East

These are exciting times for startups in the Middle East as venture capital firms and tech investors are increasingly seeking out novel ideas that can be turned into reality. To coincide with World Creativity and Innovation Day on April 21, Arab News has compiled a definitive list of the top 15 startups in the region. From the UAE to Egypt to Saudi Arabia, a new business
United Arab Emirates Jammu And Kashmir Saudi Arabia Amr Abodraia Ahmad Al Zaini Nadine Mezher

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