The work undertaken covered several types of sidewalks for pedestrians, crosswalks, service roads, and combined use
uae1 hour ago
Enoc Group has announced the signing of an evergreen aviation fuel supply agreement with Indian Oil Corporation (IOC), the largest commercial oil and gas company in India.
The strategic agreement builds on the strong partnership that Enoc and IOC have fostered over the last two years. With the evergreen contract, IOC will provide aviation fuel to Enoc's customers flying to and from 34 Indian airports.
Saif Humaid Al Falasi, group chief executive officer of Enoc, said: "Our agreement with IOC marks another milestone in our global expansion plans. It also underlines the group's strong competencies, which is reflected in the success of our ongoing partnership with IOC in various industry sectors, including marine lubricants. With the UAE-India ties gaining momentum, underpinned by strong bilateral trade and partnerships in multiple sectors, the new agreement will further enable us to add value to our aviation customers that link the two nations."
Enoc's partnership with IOC also includes one of the largest collaborations in the global marine lubricant sector. The two entities are leading joint R&D efforts to develop cylinder oil that is compliant with the International Maritime Organisation's regulation capping the global fuel sulphur limit at 0.5 per cent, effective January 1, 2020, thereby contributing to technical, commercial, operational and environmental efficiencies in ocean transportation.
Carriers in India and the UAE fly a total of 134,441 aircraft seats a week each way, according to existing bilateral rights. The robust aviation ties between the two nations is further complemented by consistently growing trade ties with the non-oil trade between the two nations at $35.9 billion in 2018. The UAE is the largest Arab investor country in India valued at around $10 billion while the nation is home to over 3.3 million Indians.
- business@khaleejtimes.com
The work undertaken covered several types of sidewalks for pedestrians, crosswalks, service roads, and combined use
uae1 hour ago
Most schools had a two-week spring break at the end of March, followed by a week of Eid holidays
uae1 hour ago
Here are the dont's of visiting these non-Muslim houses of worship in the Emirates
life and living2 hours ago
City moved on to 79 points from 34 games. Arsenal have 80 points from 35 games
football3 hours ago
This initiative is a testament to Daikin's commitment to supporting the UAE government's efforts in assisting its communities during times of crisis
kt network3 hours ago
More than 10,000 spectators were present as four AI-powered cars vied at Abu Dhabi Autonomous Racing League (A2RL)
uae3 hours ago
More than half of the Philippines' provinces are in drought as El Nino exacerbates hot and dry conditions typical for March, April and May
asia3 hours ago