Apparel exports from India to UAE was $462.3 million during the period April to August 2024
business9 hours ago
Indian conglomerate Reliance Industries says it will sell a 20 per cent stake in its oil and chemicals business to Saudi oil giant Aramco at an enterprise value of $75 billion, which it called the country's largest foreign direct investment.
Chairman Mukesh Ambani says that Aramco will also supply Reliance's Jamnagar refineries with 700,000 barrels of oil a day on a long-term basis. The refining complex has a capacity to process 1.4 million barrels per day.
He told an annual shareholders' meeting on Monday that Reliance will also sell around half of its fuel retail business to global oil major BP for 70 billion rupees ($1 billion).
Last week, Reliance announced that it was forming a fuel retailing joint venture with BP in which Reliance would own a 51 per cent stake.
Apparel exports from India to UAE was $462.3 million during the period April to August 2024
business9 hours ago
The services offered by Dubai Land Department include property status and valuation inquiries, and property ownership certificate issuance requests
realty9 hours ago
Upcoming 2025 edition of CCCC will be held in Lisbon
business9 hours ago
Federal requirements give workers 60 days' notice prior to ending their employment
americas9 hours ago
Meta did not immediately respond to the information
tech9 hours ago
Trump suggested that he could even be open to a third term in office — which would violate the US constitution
americas10 hours ago
S&P predicts modest impact of lower interest rates on region's lenders
finance10 hours ago
Nations are hoping to land deals to raise funds in developing nations like Bangladesh, which are least responsible for global warming but most at its mercy
asia11 hours ago