Valvitalia Group signed a Memorandum of Understanding to establish a joint venture with Saudi FAL Co. LTD, a Saudi process automation operator, as part of its expansion into Saudi Arabia's energy and infrastructure market. The announcement is dated January 19, 2026.

Ball completed the sale of 41% of its 51% stake in United Arab Can Manufacturing to a subsidiary of Beijing-based ORG Technology for about $70 million, reducing its stake to 10%.

Middle East Company for Manufacturing and Producing Paper signed an SPA to acquire the entire shareholding of Al-Medan Project Company for Corrugated Carton for SAR 91 million in cash plus new Mepco shares, raising its stake to 100%.

Saudi Arabian Gas Arabian Services Company (GAS) signed an agreement with India's Tubefit Engineers to set up Tubefit Arabia Factory, a valve and instrumentation fittings joint venture in Saudi Arabia. Tubefit Engineers will hold 53% and GAS 47%, with an investment of $1.33 million.

Honeywell and Aramco signed a joint venture agreement to offer end-to-end business process automation and digital transformation solutions for industrial companies, combining Aramco's Plant.Digital platform with Honeywell's software capabilities. The JV was announced in Dhahran, Saudi Arabia, on November 1, 2022.

SIG Combibloc Group has signed an agreement to acquire the 50% stake held by Obeikan Investment Group in SIG Combibloc Obeikan, giving it full ownership. The joint venture operates a manufacturing plant in Riyadh, Saudi Arabia, and completion is subject to antitrust approvals.

Dussur, Saudi Aramco and Hyundai Heavy Industries signed a joint venture to manufacture 2-stroke and 4-stroke marine engines, electric power plant engines and marine pumps at Ras AlKhair in Saudi Arabia's Eastern Province. The venture is expected to create over 720 jobs.

Hyundai Heavy Industries and Saudi Aramco plan a joint venture in Saudi Arabia to produce engines and marine pumps. The article is dated 1 July 2017 and gives no value or site.