/Tag: India-MiddleEast

Modi’s Arabian clinch paying rich dividends

2019-08-23T14:53:48+00:00August 23rd, 2019|2019, UK Edition – August 2019|

Saudi Arabia, the UAE and other Arab countries have emerged as key Indian strategic and economic partners because of strong synergies in their world views and a shared abhorrence of terrorism. The India-Saudi Arabia hug is about to acquire $15 billion worth of substance. Saudi Aramco, the world’s most profitable company, will invest $15 billion to buy a 20 per cent stake in the oil refining and petrochemicals business of Reliance Industries, India’s largest private sector company, Reliance Chairman & [...]