Business Second phase of India’s petroleum reserves programme begins Jul 29, 2021 India is expanding its strategic petroleum reserves programme, the Minister of State for Petroleum and Natural Gas, Rameswar Teli, told the…
Business UAE ministers attend Central and South Asia conference Jul 23, 2021 Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, chaired the country’s delegation that participated in the…
Business UAE – Hungary deal to pave way for economic development Jul 22, 2021 The UAE, represented by the Ministry of Finance (MoF), has signed an agreement to promote and protect mutual investments with Hungary. The…
Business OFID signs deal to co-finance road network in Bangladesh Jul 16, 2021 The OPEC Fund for International Development (OFID) has signed a US$75 million loan agreement with Bangladesh to improve connectivity and…
Business ADNOC invests over $764 million in drilling-related services Jul 15, 2021 The Abu Dhabi National Oil Company (ADNOC), announced an investment of US$763.7 million (AED2.8 billion) in integrated rigless services…
Business Masdar signs agreement to develop solar plants in Uzbekistan Jul 14, 2021 Masdar announced that it is expanding its footprint in the Republic of Uzbekistan, with the signing of agreements to develop two…
Business Masdar wins bid to build $174 million solar project in Armenia Jul 8, 2021 Masdar (Abu Dhabi Future Energy Company) has won a tender to build a US$174 million utility-scale solar project in Armenia. The Armenian…
Business UAE, Austria to amend agreement to avoid double taxation Jul 5, 2021 As part of its endeavors to strengthen cooperation frameworks in tax matters, protect taxpayers from double taxation, and avoid impeding the…
Business US-based syncreon acquired by DP World for $1.2 billion Jul 4, 2021 DP World has announced the acquisition of 100 percent of syncreon for an enterprise value of US$1.2 billion. This transaction is subject to…
Business ADNOC and Reliance to develop integrated chemical plant Jun 30, 2021 Abu Dhabi National Oil Company (ADNOC) announced that Reliance Industries Limited (Reliance), has signed an agreement to join a new…