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India and UAE to Strengthen Economic Ties in the Upcoming High-Level Task Force Meeting

India and UAE to Strengthen Economic Ties in the Upcoming High-Level Task Force Meeting

New Delhi, October 4, 2023: In a bid to strengthen India-UAE economic relations, Piyush Goyal, Union Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution and Textiles, will be visiting the United Arab Emirates on October 5th and 6th. He is set to co-chair the 11th session of

Abu Dhabi's International Holding Company Elevates Its Share in India's Adani Enterprises Ltd Beyond 5%

Abu Dhabi's International Holding Company Elevates Its Share in India's Adani Enterprises Ltd Beyond 5%

Abu Dhabi -Ahmedabad, October 3, 2023 - In a significant move underscoring its confidence in India's growth prospects, International Holding Company (IHC) has raised its stake in Adani Enterprises Ltd (AEL) to beyond 5%. The increased investment highlights IHC's trust in AEL's leading global

OPEC's Crude Production Cuts Discussed at ADIPEC 2023 Amid Rising Global Oil Prices

OPEC's Crude Production Cuts Discussed at ADIPEC 2023 Amid Rising Global Oil Prices

Abu Dhabi, 3rd October 2023 – Rising concerns about the global energy sector, fueled by OPEC's crude production cuts, took center stage at the annual Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2023. Today, Shri Hardeep Singh Puri, Minister of Petroleum and Natural Gas and Housing of India,

Indian Union Minister Showcases India's Robust Energy Sector at ADIPEC 2023

Indian Union Minister Showcases India's Robust Energy Sector at ADIPEC 2023

Abu Dhabi, October 2, 2023 - India's Union Minister of Petroleum and Natural Gas, Hardeep Singh Puri, inaugurated the Indian Pavilion at ADIPEC 2023, the world's premier energy industry gathering. The event, running from 2-5 October, is hosting over 2,200 exhibiting companies from 30 countries,

UAE based LuLu Group Unveils Mega Shopping Mall in Hyderabad

UAE based LuLu Group Unveils Mega Shopping Mall in Hyderabad

HYDERABAD, Sept 27, 2023 - LuLu Group, the renowned UAE-based retail giant, has broadened its footprint in India by inaugurating a colossal shopping mall in Hyderabad. The Chairman and Managing Director of Lulu Group International, Mr. Yusuff Ali, remarked during the launch that the company has earmarked an investment of

Abu Dhabi's IHC to Dispose its Stakes in Adani Units

Abu Dhabi's IHC to Dispose its Stakes in Adani Units

Abu Dhabi, Sept 28, 2023 - The Abu Dhabi-based International Holding Company (IHC) announced its decision to dispose its Foreign Direct Investment (FDI) in Adani Green Energy Ltd and Adani Transmission Ltd. This move comes as part of IHC's broader portfolio rebalancing strategy. Green Energy Investment Holding RSC

India Grants Permission for 75,000 Metric Tons of Non-Basmati White Rice Export to UAE through NCEL

India Grants Permission for 75,000 Metric Tons of Non-Basmati White Rice Export to UAE through NCEL

NEW DELHI, Sept 25, 2023 — In a significant move, India has approved the export of 75,000 metric tons of non-basmati white rice to the United Arab Emirates (UAE) via the National Cooperatives Exports Limited (NCEL). The permission was granted in line with a recent notification issued by the Directorate