Adani Transmission recently said it has entered an agreement with Kalpataru Power Transmission Ltd. (KPTL) for acquisition of Alipurduar Transmission Ltd. The enterprise value for the project is ascribed as Rs. 1,286 crore, Adani Transmission... Full Story
State-owned RITES recently said it has renewed its pact with Coal India for project management consultancy services of rail infrastructure business, and construction of rapid loading system, coal... Full Story
ArcelorMittal Group will invest Rs. 20,000 crore on capacity expansion and infrastructure in Gujarat, the European steelmaker's chairman Lakshmi Mittal said recently. The investment will be... Full Story
ENOC Group has announced that it recently opened two new service stations in Lehbab and Al Qudra in Dubai.
The opening of the two new... Full Story
ADNOC Distribution has opened 16 new sites around the country so far this year, including five ‘ADNOC On the go’ neighbourhood stations in Abu Dhabi... Full Story
Naveen Jindal-owned Jindal Steel and Power Ltd. has accepted a binding offer to sell its entire stake in Jindal Shadeed Iron and Steel Co LLC... Full Story
Abu Dhabi sold a $10.1 billion stake in its natural-gas pipelines to a group of six investors including Global Infrastructure Partners, Brookfield Asset Management and... Full Story
Saudi Aramco has completed a deal it reached last year to buy a 70% stake in Saudi Basic Industries Corp. for around $70 billion, roughly... Full Story
Developer Palma Holding has launched Olivara Residences & Park, which is billed as the first integrated community in Dubai Studio City. Phase One of the... Full Story
Sharjah-based Tilal Properties has said that 80% of construction work has been on completed on two community centres in its mixed-use Tilal City project. The... Full Story
BP is in early-stage discussions to sell about a 10% stake in a key gas field in Oman as part of the energy giant’s plans... Full Story
The first phase will see 21 wastewater treatment plants built or improved, and the construction of 2,334km of new sewer lines and 256km of new... Full Story
Abu Dhabi state fund Mubadala Investment Company is in talks to invest about $1 billion in Reliance Industries' digital unit Jio platforms, three sources said... Full Story
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