The agreement allows UAE easy access to Asian markets while giving Japan priority access to reserves if Japan is in short supply of crude.
The deal is Abraaj’s fourth investment into Southeast Asia’s food and beverage industry.
China has appointed clearing banks for Taiwan, Singapore, London, Frankfurt, Paris, Luxembourg and Seoul in the past two years.
QIA, estimated to have around $170 billion, and state-owned CITIC Group signed an MoU to launch the 50-50 investment fund.
Triple daily services will begin to Mumbai on February 15, and to New Delhi on May 1, 2015.
Airline won’t be able to compete with Emirates on scheduling but will on price
Under the contract, the first phase of an expansion of the master gas system, SEPCO will install two booster gas compressor stations.
The hackers potentially gained access to passwords, iMessages, photos and contacts, Greatfire.org said.
Trio of properties in Nanjing, Wuhan and Hainan take group’s Chinese portfolio to eight hotels
Indian low-cost carrier makes second commitment to A320 neo programme
The Maldives’ idyllic landscape has long attracted honeymooners, but the islands offer far more than just a couple’s retreat.
RE comes with a16MP sensor and full HD video recording while the HTC Desire Eye includes 13MP front and rear cameras.
Prince Alwaleed said he was “impressed” by Narendra Modi’s speech when he was in the US.
The plant, with an annual production capacity of 1,000 tonnes of plastic moulds, cost around $29.3 million to build.
The IPO surpassed the global record set by Agricultural Bank of China in 2010 when the bank raised $22.1 billion.
The airline will deploy a Boeing 737-800 aircraft to operate the new service, which will begin from October 14.
India, the world’s fourth largest oil consumer, imports about 80 per cent of its oil needs.
The new Galaxy Note 4 features a crisper, 5.7-inch display in a metal frame.
DIB plans to increase its stake in Bank Panin Syariah to 40 per cent from the current 25 per cent, its CEO said.
Ooredoo and Norway’s Telenor Group last year won telecom licences in the southeast Asian country, whose mobile penetration is about 10 per cent, among the lowest globally.
Located on the Samoan island of Upolu, the 550KW project was funded by UAE-Pacific Partnership Fund.
The Gear S has a 2-inch curved display and offers features like WiFi connectivity, pedestrian navigation and a built-in GPS.
The emirate is holding a Chinese Visitor Summit to boost tourist numbers and guest nights.
The Hang Seng Index rose 0.2 per cent to 25,166.91 points.
Last week, Kuwait concluded a new 10-year deal with a China’s Sinopec Corp to nearly double its supplies.
The cargo will be used to commission the new LNG terminal which CNOOC owns and will be operating soon.
The exports, which will amount to 15 per cent of Kuwait’s oil export output, are estimated to be worth $120 billion.
The ministry of foreign affairs issued the warning citing security concerns in the three countries.
Headquartered in Delhi, the carrier will take delivery of its first plane, an Airbus A320-200, in September
The agreement ends patent disputes in Australia, France, Germany, Italy, Japan, the Netherlands, South Korea, Spain and the UK.