The global petrochemical industry’s centre of gravity is shifting to the feedstock-rich Middle East as dozens of new projects are coming up in the region while production falters elsewhere.
Amid a pall of gloom over millions of families across India-- dependent on regular remittances from the Middle East-- after Dubai World's repayment crisis, businessmen and analysts on the ground find the world was over-reacting and worries perhaps unfounded.
Cash-rich predators from Middle East and Asia are set to become key dealmakers.
Want the good life despite the dire economy?
The Indian companies are creating a new concept
Reliance Communications has repaired cuts in its submarine cable which, along wi
Penguin is exploring possibilities to expand biz to Pakistan and Middle East.
Reliance Industries plans to test-run its huge new refinery by September, a little later than expected.
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