OPEC need not respond to a rise in oil prices by rushing to change a global supply-cutting pact, United Arab Emirates Energy Minister Suhail al-Mazroui said on Friday.
The Sharaf Group is increasing its investments in India’s logistics parks, infrastructure and food sectors as the country becomes more business-friendly for foreign investors, said a senior executive.
Inviting UAE investors to join hands with India and be part of its infrastructure growth story, Union Minister Nitin Gadkari today said two mega initiatives worth ₹24 lakh crore — Sagarmala and Bharatmala — are going to be game changers.
China, Iraq, the UAE, South Korea and India imported 68.7% of Iran’s total non-oil goods (including gas condensate) in terms of value
Indian oil companies could acquire up to 20% of an oilfield belonging to the Abu Dhabi National Oil Company (ADNOC), Utpal Bora, chief managing director of Oil India Limited, said on Thursday.
India and UAE discussed the possibility of co-operation in sustainable clean energy and issues of environment and climate change.
OPEC hopes for better compliance with output cut target after two days’ of deliberations with members in Abu Dhabi that concluded on Tuesday.
Companies based in Russia, China and UAE have shown interest in setting up business units in diverse areas, such as defence and metro rail, in Punjab.
The Fairwood Group’s ‘ULTraFairwood’ announced the signing of a contract to build the world’s largest Personal/Group Rapid Transit (PRT/GRT) project in Ajman City, UAE
ABB, the Swedish-Swiss multinational, is in discussions with Larsen & Toubro to acquire its electrical and automation division. The division that generated revenues of Rs 4,650 crore and operating profit of a little over Rs 700 crore in 2016-17 is expected to be valued at Rs 14,000-18,000 crore, two people familiar with the development told ET.