The joint venture, to be named “Wiser AVEC Power Corporation,” will combine the companies’ respective strengths in capital, energy and technology.
Under the terms of the joint venture, Wiser agreed to pay 100% of the capital …Read full article » United Arab Emirates: Tuesday, April 04 - 2006 @ 08:37
Under the terms of the agreement, Wiser Financial Services will provide a two-year $5 million bond financing to AVEC. AVEC also agreed to issue a three-year warrant to Wiser Financial Services providing it with the …Read full article » United Arab Emirates: Tuesday, March 28 - 2006 @ 09:59
The Chairman of Emirates International Capital Advisory is His Highness Sheikh Marwan bin Mohammed bin Rashid Al Maktoum, son of the Ruler of Dubai and Prime Minister and Vice President of the United Arab Emirates.
Axial …Read full article » United Arab Emirates: Monday, July 02 - 2007 @ 10:17
The details of the both were announced today in an investor conference call.
Ahmed Khalifa, Chairman of AVEC, stated, “This financing commitment from our partners Emirates International Capital Advisory and other institutions gives us the ability …Read full article » United Arab Emirates: Thursday, February 28 - 2008 @ 13:53
Other category winners of this prestigious award include Petrobras for Best National Company, Chevron for Best Fully-Integrated Company, and BP for Best Downstream Company.
Sanjai Chhaunker, President and CEO of AVEC, stated:
“We are … Read full article » United Arab Emirates: Saturday, November 07 - 2009 @ 15:24
The Al Shoula Group is owned by his Royal Highness Prince Mishaal Bin Abdulaziz Al Saud, one of the most senior members of the Saudi Royal Family.
This agreement will be registered in the Kingdom …Read full article » Saudi Arabia: Tuesday, November 03 - 2009 @ 12:05
Axial Vector Engine Corporation (BULLETIN BOARD: AXVC) announced today the signing of 50-50 Joint Venture agreement with Emirates International Capital Advisory of Dubai United Arab Emirates.
Samuel Higgins, Chairman and CEO of Axial Vector Engine …Read full article » United Arab Emirates: Thursday, September 06 - 2007 @ 11:56
Prospective customers for licensing and Joint Ventures were in attendance from several countries.
The company has contracted a local engine service team to interface with the different prospective clients to allow smooth transfer of the needed …Read full article » United Arab Emirates: Saturday, August 18 - 2007 @ 10:39
Ahmed Khalifa, Acting CEO stated,
“WETEX is the perfect choice for our long awaited rollout of our finished units and beginning of our order taking for our 200 KW units. This ability to ‘join’ up …Read full article » United Arab Emirates: Thursday, January 03 - 2008 @ 07:46
EICA has agreed not to purchase or option any further equity in the company until the company has traded in excess of $4.00 per share for ten consecutive trading days.
Axial Vector has agreed to a …Read full article » United Arab Emirates: Tuesday, March 11 - 2008 @ 07:14