Spinneys Dubai LLC, the franchisee of the supermarket chain in the United Arab Emirates and Oman, is considering an initial public offering (IPO) of the business in the second quarter of 2024, the news agency Reuters reported. Albwardy Investment, the 100 per cent owner of the franchise, has purportedly engaged Rothschild & Co to provide […]
West Bengal Chief Minister Mamata Banerjee and UAE State Minister for Foreign Trade Thani bin Ahmed Al Zeyoudi on Friday held discussions to boost trade relations and exports from West Bengal to the United Arab Emirates (UAE). West Bengal CM Banerjee is on a visit to Dubai as she concluded her Spain visit. According to […]
Kalyan Jewellers on Friday reported a 31 per cent year-on-year (YoY) growth in its consolidated revenue for the first quarter of the financial year 2024. The company said that it witnessed 34 per cent YoY for its India operations during Q1FY24. “Strong operating momentum has been consistent and sustained through the entire quarter, including during […]
Automaker Maruti Suzuki India has started exports of its newly-launched sports utility vehicle Fronx. In a release, the automaker on Thursday said the first batch, comprising 556 vehicles, was shipped from Mundra and Pipavav ports to destinations in Latin America, the Middle East, and Africa. “The newly launched Fronx is an important model in our […]
Pakistan’s exports to the Middle East reduced by 11.87 per cent on a year-on-year basis to USD 1.491 billion in the first eight months of FY23 mainly caused by a substantial decline in exports to the United Arab Emirates (UAE), Dawn reported. Pakistan’s exports to the Middle East saw a mixed trend with a rise […]
