 |
Saudi firm to buy out partner's share in PetrominSaudi Arabian family firm Dabbagh Group is in the advanced stages of buying out its Indian partner's stake in a lubricant venture in the kingdom, a deal prompted by strategy differences between the partners, three sources aware of the matter More… |
 |
Indian auto major to open RAK assembly plantIndia's Hinduja Group flagship Ashok Leyland on Thursday will inaugurate a vehicle assembly plant in Ras al Khaimah Investment Authority (Rakia). The plant will be inaugurated by Sheikh Saud Bin Saqr Al Qasimi, Ruler of Ras Al Khaimah More… |
 |
$1bn Petromin Saudi IPO plannedIndia's Hinduja Group plans to launch the initial public offering in Saudi Arabia, of its subsidiary Petromin, to raise $800 million to $1 billion this year, a group official said on Wednesday. Lubricants maker Petromin is an equal joi More… |
