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Dubai Property Show in Mumbai records 24% growth

Dubai / Emirates Business The third edition of Dubai Property Show in Mumbai successfully concluded in India. Dubai Land Department’s flagship event registered visitor footfall of 5,108 people and generated enquiries worth AED 1.8 billion. “Indians truly understand the worth of property investment and that’s why they are always enthusiastic about this asset class. The exhibition received a very encouraging ...

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Indian state oil firms bet on natural gas as next big thing

MUMBAI / NEW DELHI / Reuters India’s state oil refiners are planning an aggressive push into natural gas in coming years to meet Prime Minister Narendra Modi’s goal of making the fuel a bigger part of the country’s energy mix. State-owned oil companies – Indian Oil, Bharat Petroleum and Hindustan Petroleum – are planning to raise gas contributions to between ...

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Crude short-sellers return as doubts loom on OPEC’s horizon

Bloomberg Short-selling is rearing its head in the oil market again. After bullish bets on Brent crude hit a record and futures surged to two-year highs, hedge funds are pulling back with a sense that the rally reached its limit for now. Wagers on lower prices rose by the most since June as Middle East tensions took a backseat, while ...

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