As India fortifies its economic links with the Middle East, particularly through newly inked Memoranda of Understanding with Saudi Arabia, shares of several Indian-listed companies are experiencing a positive nudge. Companies like Essar are already capitalizing on these agreements by expanding their steel operations in Saudi Arabia, particularly in areas requiring technology to reduce carbon emissions. A closer look at …
To instil confidence and familiarise with “growing conducive situation in J&K for investments”, delegates representing 33 companies from the United Arab Emirates, Hong Kong and Saudi Arabia have arrived in Srinagar to turn ₹3,000 crores memorandums of understanding, signed earlier this year, into a reality. Officials said the delegates will attend the “Gulf Business Summit” on March 22 and discuss …