Gold find in India’s Uttar Pradesh: Only 160kg can be extracted

Sonbhadra: The Geological Survey of India (GSI) has poured cold water on the El Dorado-type scenario in Sonbhadra as it estimates that only 160kg of gold can be extracted from the deposits and the surveys for gold in the region have not been encouraging. The GSI has clarified on news reports about the availability of 3,350 […]

Reliance won’t have it easy going zero-debt

Mumbai: Six months after Mukesh Ambani laid out a road map to make Reliance Industries Ltd. free of net debt by early 2021, his plan has hit a few bumps thanks to the government. Prime Minister Narendra Modi’s administration has petitioned a court to halt a proposed stake sale by Reliance Industries to Saudi Arabian […]

DP World completes port purchase in Canada

Dubai: DP World has completed the acquisition of Fraser Surrey Docks in Canada. It bought the stake from Macquarie Infrastructure Partners (MIP) in a deal that also involved longstanding partner Caisse de dépôt et placement du Québec (CDPQ). This complements DP World’s footprint in Canada, which also includes terminal operations in Vancouver, Nanaimo, Prince Rupert […]

UAE economy grew 2.9 per cent in 2019: Central Bank

Dubai: The UAE’s overall real GDP [Gross domestic product] is estimated to have grown by 2.9 per cent in 2019, according to the quarterly economic review of the Central Bank of UAE for the fourth quarter of 2019. The improved growth in the year, according to the central bank was driven by the growth in […]

Make It Happen – Networking for Business Growth

In the city that redefines global connectivity, Dubai is where the physical and digital worlds find harmony, so your thoughts and visions find a global audience and your products and services find an unparalleled market. Dubai is where the confluence of business, events, lifestyle and culture sparks unimagined prospects that know no boundaries.