Indian diversified group Sahara has diregarded a $1.3 billion UK-Saudi bid received for its three hotels in London and New York as 'baseless', stating that it values the assets lower than the market price, said a report.
Qatar Investment Authority has agreed to buy Indian diversified group Sahara's stake in three overseas hotels for a whopping $1.6 billion, said a report.
According to a report on CNBC-TV18, the agreement to buy stakes in Grosv
Sharjah-based retail mall Sahara Centre recently announced the winner of a makeover and shopping spree with beauty expert Joelle worth Dh40,000 ($10,900), with the prize awarded to lucky recipient Russian national Zarina Alieva.
Sahara Centre,a popular retail and leisure destination in Sharjah, UAE, is going all out with a bounty of first-rate prizes at this year’s Ramadan Summer Promotion.
The outlet has announced the details of its annual event, w
Indian diversified group Sahara will soon close an agreement to sell the Grosvenor House hotel in London to Qatar, it told a court in India on Tuesday, said a report.
The group is also negotiating a deal with a lender for refinancing th
Some staff at Indian conglomerate Sahara say they have not been paid for several months, as the company tries to raise $1.6 billion to bail its boss Subrata Roy out of jail.
Reuters interviewed 11 employees independently contacted
Saudi Arabia's Sahara Petrochemical Company said its subsidiary Al Waha Petrochemicals had secured SR1.96 billion ($522 million) from two local lenders to refinance an existing Islamic loan.
The previous loan amount wasn't
Saudi International Petrochemical Co (Sipchem) beat analysts' forecasts with rises in profit margins and sales on Sunday as second-quarter net profit jumped 41 per cent.
Sipchem made a profit of 244.6 million riyals ($65.3 mil
Saudi International Petrochemical Co (Sipchem) said its performance and growth plans remain on track despite the recent decision to end merger talks with Sahara Petrochemical.
The duo said on Sunday they had decided to postpone me