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Iraq to fill void left by Iran for India’s petroleum needs

June 26, 2013

Iraq has shown keenness to enhance economic relations with India. India is also looking for a strategic partnership with the gulf nation. Iran has not expressed its interest towards the Indian refiners to enhance their crude oil import engagement with ..

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Qatar possess highest density of millionaires

June 15, 2013

As per the Boston Consulting Group’s (BCG) 13th annual global wealth management report, Qatar has the highest density of millionaires in the world, with 14.3% of the oil-rich Gulf nation’s population holding private wealth of at least $1 million. As per the report:  143 ..

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World’s largest solar power plant unveiled in UAE

March 19, 2013

The United Arab Emirates (UAE) inaugurated the world’s largest concentrated solar power plant- Shams 1, a $600-million project produce 100 Megawatt of electricity which can suffice electricity needs of 20,000 homes. With this new solar project, Masdar will be producing ..

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Saudi women get 20% quota in all-male Shura Council

January 14, 2013

As per the latest decrees of Saudi King Abdullah, Saudi Arabian women will have a 20% quota in the all-male consultative Shura Council. The King appointed 30 women to the 150 member Council marking a historic first as he pushes ..

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UAE approves extradition pact with India

December 12, 2012

The UAE cabinet approved an extradition treaty with India which will facilitate the transfer of convicts to spend the remaining jail term in their home country. The agreement is expected to help around 1,200 Indian prisoners who have been languishing ..

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UAE approves extradition pact with India

December 12, 2012

The UAE cabinet approved an extradition treaty with India which will facilitate the transfer of convicts to spend the remaining jail term in their home country. The agreement is expected to help around 1,200 Indian prisoners who have been languishing ..

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UAE announces two-month amnesty to illegal residents to leave the country, includes 45,000 Indians

December 11, 2012

United Arab Emirates (UAE) has announced two-month amnesty to illegal residents to either leave the country without penalty or regularize their visas. The amnesty will end on February 3. The gulf country has around 45,000 Indians staying illegally. To tackle ..

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