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Strategic Alliance Of Aarvi Encon In Middle East Countries
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MUMBAI, India, Jan. 19, 2021 /PRNewswire/ Aarvi Encon Limited (Aarvi) has announced its further expansion in the middle east by incorporating a new entity in the Sultanate of Oman under the name of Aarvi Encon LLC through its wholly-owned subsidiary Company i.e Aarvi Encon FZE located in the United Arab Emirates, to market and provide Aarvi s services in the high growth middle east market to provide manpower deputation and operation and maintenance services across the middle east.
In the said joint venture arrangement, Aarvi Encon FZE would own 70 percent controlling stake and the local owner at Oman would own the balance 30 percent minority stake.