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