UAE to give India free oil and to invest in National Highway
  • 7 years ago
UAE's national oil company Adnoc has agreed to store crude oil in India’s maiden strategic storage, and give two-third of the oil to it for free. ADIA, a sovereign wealth fund of the emirate, has expressed interest in taking up 50 highway projects on a toll-operate-transfer basis in what will be the first investment of its kind if it happens.
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