Agreement - Middle East News 247
March 28, 2025
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Agreement

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ExxonMobil Announces Licensing Agreement to Expand Proprietary Rebar Processing Technology to Global Markets

ExxonMobil announced today a strategic licensing agreement with Neuvokas Corporation, producer of GatorBar®, an industry leading glass fiber reinforced polymer (GFRP) composite rebar. Under this agreement, ExxonMobil has obtained exclusive rights to sub-license Neuvokas’ proprietary manufacturing process in markets outside of North America. This collaboration marks a
Oil & Gas

QatarEnergy and KPC sign 15-year LNG supply agreement

Involving 3 MTPA to Kuwait QatarEnergy and Kuwait Petroleum Corporation (KPC) have formalised a 15-year LNG Sale and Purchase Agreement (SPA) for the delivery of up to 3 million tons per annum (MTPA) of liquefied natural gas (LNG) to Kuwait. The agreement, which underscores the growing energy collaboration between the two Arabian Gulf states, was […]
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Organon & Lilly Expand Migraine Commercialization Agreement

Organon (NYSE: OGN), a global healthcare company with a focus on women’s health, announced it has expanded its agreement with Eli Lilly and Company (Lilly) to become the sole distributor and promoter for the migraine medicine Emgality® (galcanezumab) in the following additional markets: Canada, Colombia, Israel, South Korea, Kuwait, Mexico, Qatar, Saudi Arabia,
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Al Ansari Financial Services PJSC Signs Agreement to Acquire BFC Group Holdings W.L.L. for USD 200 million

Al Ansari Financial Services PJSC (“AAFS” or the “Company”) (DFM: ALANSARI), a leading integrated financial services group in the UAE, is pleased to announce that it has signed a Sales and Purchase Agreement (“SPA”) to purchase 100% of BFC Group Holdings W.L.L., (“BFCGH”), a prominent foreign exchange and remittance group incorporated in Bahrain for a […]
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Cepton Signs Definitive Agreement to be Acquired by Koito

Cepton, Inc. (“Cepton” or the “Company”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance lidar solutions, announced today that it has signed a definitive agreement (the “Agreement”) providing for the acquisition by KOITO MANUFACTURING CO., LTD. (“Koito”) (TSE: 7276), a leading automotive tier one supplier, of all of the outstanding capital stock
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Almarai Signs Agreement with Social Development Bank

Almarai Company has signed a cooperation agreement with the Social Development Bank to launch the “Almarai Chefs Program” aimed at strengthening and empowering owners of very small cooking projects in the Riyadh region, as part of its support and encouragement for entrepreneurs. The agreement was signed by the CEO of Almarai Company, Mr. Abdullah bin […]
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Ajman Department of Finance, Marsa Properties Sign Agreement to Enhance Emirate’s Investment Environment

The Ajman Department of Finance has finalised a service provision agreement with the independent government company Marsa Properties, allowing it to utilise the services of the ‘Tawreed’ platform within the Ajman government. The collaboration aims to create an attractive investment environment that supports economic development in the emirate and enhances its
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AC Immune and Takeda Sign Exclusive Option and License Agreement for Active Immunotherapy

Takeda (TSE:4502/NYSE:TAK) and AC Immune SA (NASDAQ: ACIU) today announced an exclusive, worldwide option and license agreement for AC Immune’s active immunotherapies targeting toxic forms of amyloid beta (Abeta), including ACI-24.060 for the treatment of Alzheimer’s disease. ACI-24.060 is an anti-Abeta active immunotherapy candidate designed to induce a robust antibody