Govt to review steep petrol hike
India's coalition government opened the way for a partial rollback of the steepest petrol hike in the country's history after two days of street protests and dissent from within its own ranks over the unpopular measure. Full Article
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Tabreed Saudi unit wins $480 mln Aramco deal -report
DUBAI |
DUBAI May 4 (Reuters) - The Saudi unit of Dubai-listed refrigeration and cooling company Tabreed TABR.DU has won a $480 million contract to build a central cooling station for Saudi Aramco, a newspaper reported on Tuesday.
Saudi Tabreed -- a Saudi private sector joint venture company with Tabreed, also known as the National Cooling Co -- expects to complete the project in the first quarter of 2012, pan-Arab daily Asharq al-Awsat reported on its website.
The project at Aramco's headquarters in Dhahran is being financed by Banque Saudi Fransi 1050.SE, the newspaper said. (Reporting by Raissa Kasolowsky; editing by Amran Abocar)
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