BUSINESSJul 2 · 12:07 UTCSEMAFORMohammed Sergie

UAE's IHC and Adani ink $11.5B aluminum deal

Abu Dhabi’s International Holding Company and India’s Adani Group agreed to invest $11.5 billion to build an aluminum complex in Odisha, India, strengthening UAE-India commercial and diplomatic ties. The deal follows a 2022 free trade agreement and a recent defense pact between the two countries.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned

International Holding CompanyorganizationAdani GrouporganizationUAEplaceIndiaplaceOdishaplaceNarendra ModipersonMohamed bin Zayedpersonaluminum complextopic

Spot something wrong with this article?Report a problem →

Forward this

Related Signal

Adjacent reporting

BUSINESSJul 2 · 05:53 UTC
Adani, IHC Sign MOU for An $11.5 Billion India Aluminum Project
BUSINESSJun 2 · 13:15 UTC
Bahrain presses ahead with plan to buy French aluminum smelter
BUSINESSJul 2 · 08:01 UTC
Adani Enterprises, UAE’s IHC to invest ₹1.08 lakh crore in Odisha aluminium project
TECHNOLOGYApr 22 · 12:00 UTC
Exclusive: Google deepens Thinking Machines Lab ties with new multi-billion-dollar deal
BUSINESSApr 16 · 06:43 UTC
Abu Dhabi Fund Led by Crown Prince Inks $2.3 Billion Jordan Deal
BUSINESSApr 27 · 08:47 UTC
Luxor, MicroBT deepen ties with $100 million mining rig deal and planned investment