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Tata Housing expands global footprint, starts ops in Dubai

Last Updated: Sunday, July 26, 2015, 12:43

"This office will further strengthen our global presence, in addition to existing international offices in Maldives and Sri Lanka," the company's Managing Director Brotin Banerjee said in a statement.

Mexico holds oil auction for first time in 80 years

Last Updated: Thursday, July 16, 2015, 09:39

Nearly 80 years after kicking foreign energy companies out of the country, the government is offering 14 blocks in shallow waters of the Gulf of Mexico worth an estimated USD 17 billion in total.

Gulf region account for 30% of Apollo patients from abroad

Last Updated: Wednesday, July 8, 2015, 16:05

India is a lucrative market for international patients and receives a lot of inquiries about 'M' or medical visas; this in turn will help boost medical tourism in India.

Qatar economy largest among GCC: Expert

Last Updated: Monday, July 6, 2015, 15:58

Projects worth more than USD 31 billion are expected to be bid in 2015, he said.

BP to pay record $18.7 bn over Gulf of Mexico oil spill

Last Updated: Thursday, July 2, 2015, 20:31

"If approved by the court, this settlement would be the largest settlement with a single entity in American history," Lynch said in a statement.

Gulf carriers to register $1.8b net profits in 2015: IATA

Last Updated: Sunday, June 14, 2015, 14:52

According to the International Air Transport Association (IATA), the region's carriers are expected to see a 12.9 per cent growth in passenger numbers this year, the only region with a double-digit expansion.

Etihad bought Jet stakes eyeing 40 mn Indians travellers

Last Updated: Thursday, June 11, 2015, 11:56

Etihad Airways invested nearly Rs 2,000 crores in Jet Airways aimed at cornering a large share of the 40 million Indians travelling abroad every year, the Gulf carrier's CEO James Hogan has said.

Gulf expat workers send home $100 billion: Report

Last Updated: Tuesday, June 9, 2015, 16:53

Foreigners working in the energy-rich Arab states of the Gulf sent more than $100 billion in remittances to their home countries last year, an economic report showed Tuesday.

Top Indian jewellery brand opens Dubai's largest single store

Last Updated: Friday, June 5, 2015, 14:13

Spread across 6500 sq ft, the new outlet is also the popular brand's first international showroom, according to a company statement.

Indian airlines urge govt to prevent 'poaching' of workforce

Last Updated: Tuesday, May 26, 2015, 19:31

Flagging its concern over "rampant poaching" of skilled workforce including engineers and cabin crew by global carriers, primarily the cash-rich Gulf airlines, the domestic airline industry has urged the government to formulate some regulations to tackle the issue.

Iran acting tough on ONGC over development of gas field

Last Updated: Monday, May 11, 2015, 18:04

Indian firms have so far shied away from investing in Iran for the fear of being sanctioned by the US and Europe.

Saudi king to skip US-Gulf summit

Last Updated: Monday, May 11, 2015, 13:05

The Saudi monarch will instead send Crown Prince Mohammad bin Naif, the deputy prime minister.