Tuesday 16 January 2018
 
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India's Shree Cement to buy $305m stake in RAK group

Shree Cement, one of the biggest cement makers in India, has won approval from the company's board to acquire a majority stake in the UAE-based Union Cement Company (UCC), said a report. With this acquisition, cement capacity

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India's Shree Cement to buy $305m stake in RAK group

Shree Cement, one of the biggest cement makers in India, has won approval from the company's board to acquire a majority stake in the UAE-based Union Cement Company (UCC), said a report. With this acquisition, cement capacity

More…

2,000 Indian construction workers stranded in Kuwait

At least 2,000 construction workers from India have been stranded in Kuwait for months with their visas expired and no money to return home as their employer, Kharafi National, a leading construction company in Kuwait, has not yet paid them sala

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2,000 Indian construction workers stranded in Kuwait

At least 2,000 construction workers from India have been stranded in Kuwait for months with their visas expired and no money to return home as their employer, Kharafi National, a leading construction company in Kuwait, has not yet paid them sala

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India's Aarti Industries wins $1.6bn Sabic US contract

Indian speciality chemicals company Aarti Industries said it has secured a Rs100 billion ($1.56 billion) contract from global chemical conglomerate Saudi Basic Industries Corporation (Sabic) for supply of for supply of speciality chemicals int

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India's Aarti Industries wins $1.6bn Sabic US contract

Indian speciality chemicals company Aarti Industries said it has secured a Rs100 billion ($1.56 billion) contract from global chemical conglomerate Saudi Basic Industries Corporation (Sabic) for supply of for supply of speciality chemicals int

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UAE's Adia backs $1bn India affordable housing funds

Abu Dhabi Investment Authority (Adia), one of the world's biggest sovereign wealth funds, has become a primary investor in HDFC Capital Affordable Real Estate Fund-2 (H-CARE-2), a $1-billion platform targeting mid-income residential projec

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UAE's Adia backs $1bn India affordable housing funds

Abu Dhabi Investment Authority (Adia), one of the world's biggest sovereign wealth funds, has become a primary investor in HDFC Capital Affordable Real Estate Fund-2 (H-CARE-2), a $1-billion platform targeting mid-income residential projec

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ADGM-regulated $2bn feeder fund for India launched

Next Orbit Ventures (NOVF) ESDM, the newly launched Abu Dhabi-based fund established under the Abu Dhabi Global Markets (ADGM) jurisdiction, has announced the launch of a $2 billion fund for building semiconductors and electronics fab ecosyste

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UAE to open new visa offices in India

The UAE has unveiled plans to open three new consular offices in India to facilitate easier visa application across the country, a report said citing an announcement made by the UAE embassy in New Delhi. The new offices will be lo

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