{"id":84693,"date":"2025-11-05T00:00:00","date_gmt":"2025-11-05T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/mena-india\/?post_type=issue&#038;p=84693"},"modified":"2025-12-11T10:24:53","modified_gmt":"2025-12-11T10:24:53","slug":"india-bahrain-commence-fta-talks","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/mena-india\/issues\/india-bahrain-commence-fta-talks\/","title":{"rendered":"India + Bahrain commence FTA talks"},"content":{"rendered":"<section id=\"84695\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"84695\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">1<\/div>\r\n\r\n                    <p class=\"f-graphik\">WHAT WE\u2019RE TRACKING TODAY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/expedited-licenses-for-select-chinese-exporters\/\">\r\n                            THIS MORNING: Expedited licenses for select Chinese exporters                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/expedited-licenses-for-select-chinese-exporters\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/expedited-licenses-for-select-chinese-exporters\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/expedited-licenses-for-select-chinese-exporters\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Expedited licenses for select Chinese exporters&url=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/expedited-licenses-for-select-chinese-exporters\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/expedited-licenses-for-select-chinese-exporters\/&title=Expedited licenses for select Chinese exporters\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Expedited+licenses+for+select+Chinese+exporters+https%3A%2F%2Fenterpriseam.com%2Fmena-india%2F2025%2F11%2F05%2Fexpedited-licenses-for-select-chinese-exporters%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/expedited-licenses-for-select-chinese-exporters\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/525.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"84696\" data-permalink=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/expedited-licenses-for-select-chinese-exporters\/525-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/525.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"525.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/525.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/525.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-84695\" class=\"content-area-description single-story post-84695 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-enterpriseam-india tag-policy tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.7f31e902-cb68-451a-976c-4e0b3ebcae1a.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, readers. <\/strong>The trade track is heating up again. India and Bahrain have officially opened talks for a Comprehensive Economic Partnership Agreement \u2013 adding fresh momentum to India\u2019s growing web trade ties in MENA. Meanwhile, the Abu Dhabi Investment Authority is keeping its streak alive, anchoring the USD 754 mn IPO of Groww, India\u2019s largest public listing this year. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Back home, Delhi is quietly resetting ties eastward too <\/strong>\u2013 fast-tracking import approvals from China and seeing factory activity climb to a 16-month high on strong domestic demand. Energy dynamics are shifting too: Indian refiners are trimming Russian crude buys in favour of Gulf and African barrels, while Saudi price cuts bring long-awaited LPG relief to Indian households. And from policy to startups, Modi has unveiled a USD 12 bn deep-tech fund, while Urban Company sets up shop in the UAE \u2013 a reminder that India\u2019s next wave of innovation is increasingly global in ambition.<\/p>\n<p class=\"tag-border-left\">WATCH THIS SPACE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt1\"><\/a><strong> #1- <\/strong><strong>India<\/strong><strong> plans to expedite pending approvals for imports from China<\/strong>, including electronics parts, steel, footwear, and household items, <a target=\"_blank\" href=\"https:\/\/economictimes.indiatimes.com\/news\/economy\/foreign-trade\/india-set-to-resume-approvals-for-chinese-imports-after-five-year-freeze\/articleshow\/125067393.cms\" style=\"\" rel=\"noopener\">The Economic Times<\/a> reports. The Commerce Ministry has asked manufacturers to notify it regarding delays in import licenses, which will be approved on a case-by-case basis. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A sign of warming bilateral ties:<\/strong> The government had frozen approvals of import of machinery and goods following border clashes with China in 2020. However, Beijing has resumed rare earth magnet exports to India amid a broader bilateral reset following Narendra Modi\u2019s meeting with Xi Jinping last month. The changed policy stance will go hand-in-hand with government localization moves as supply chain disruptions remain a key challenge. Direct flights and Chinese business visas have also resumed. However, restrictions mandating government approval for Chinese FDI remains are still in place.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt2\"><\/a> <strong>#2-<\/strong> <strong>India\u2019s<\/strong><strong> manufacturing sector recorded stronger growth in October, with the HSBC Manufacturing Purchasing Managers\u2019 Index (PMI) rising to 59.2<\/strong>, up from 57.7 in September, <a target=\"_blank\" href=\"https:\/\/www.business-standard.com\/economy\/news\/india-manufacturing-pmi-october-2025-domestic-demand-growth-125110300459_1.html\" style=\"\" rel=\"noopener\">Business Standard<\/a> reports. The growth was led by strong domestic demand and new business orders, marking the 52nd consecutive month of expansion. GST relief, productivity gains, and technology investment remained key drivers of overall factory output, the outlet added, citing a <a target=\"_blank\" href=\"https:\/\/www.pmi.spglobal.com\/Public\/Home\/PressRelease\/ad071a6184204ca1ba4e8948969a6ca1\" style=\"\" rel=\"noopener\">survey<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt3\"><\/a> <strong>#3- <\/strong><strong>Prime Minister Narendra Modi met exporters from key labor-intensive sectors on Tuesday<\/strong>, including apparel, leather, gems and jewellery, handicrafts, engineering, and seafood, to discuss ways to protect the country\u2019s export competitiveness, <a target=\"_blank\" href=\"https:\/\/www.businesstoday.in\/latest\/economy\/story\/pm-modi-meets-exporters-discusses-50-us-tariffs-urges-them-to-diversify-to-other-countries-500712-2025-11-04\" style=\"\" rel=\"noopener\">Business Today<\/a> reports. The meeting comes as these sectors grapple with steep 50% tariffs imposed by the US on most Indian goods. Finance Minister Nirmala Sitharaman, Commerce Minister Piyush Goyal, and senior bureaucrats attended the closed-door session.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What exporters want: <\/strong>The US remains the largest market for these sectors, making up nearly one-third of total outbound shipments. Exporters sought financial cushioning, including interest support and targeted relief. The government is encouraging businesses to pursue diversification of exports towards the EU and Russia \u2014 even as India negotiates a bilateral trade pact with Washington DC.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The needle moves: <\/strong>Indian exports rose 6.7% y-o-y in September to USD 36.3 bn, while imports jumped 16.6% to USD 67.5 bn, widening the trade deficit to USD 31.1 bn. Exports of textiles, garments, and made-ups have fallen 37% since May 2025 to USD 597 mn, as per <a target=\"_blank\" href=\"https:\/\/gtri.co.in\/gtriFlagshipReportsd.asp?ID=110\" style=\"\" rel=\"noopener\">GTRI<\/a> data. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- The Enforcement Directorate (ED), <\/strong><strong>India\u2019s<\/strong><strong> financial crime agency, has provisionally frozen assets worth INR 30.8 bn (USD 351 mn)<\/strong> linked to the Reliance Anil Dhirubhai Ambani Group (Reliance ADAG) as part of money-laundering probe tied to loans disbursed by private-sector lender Yes Bank, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sustainability\/boards-policy-regulation\/india-crime-agency-attaches-anil-ambani-group-properties-worth-over-341-million-2025-11-03\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. The properties, including Anil Ambani\u2019s Mumbai residence and other land parcels across Mumbai, Delhi, and Chennai, have been blocked from any transactions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Loan trail: <\/strong>The investigation involves loans of over INR 50 bn (USD 568 mn) extended between 2017 and 2019 to Reliance Group units Reliance Home Finance and Reliance Commercial Finance. Investigators allege about INR 30 bn (USD 350 mn) was siphoned off through shell firms and mutual fund routes in violation of lending norms. The ED is also examining possible fund diversions of more than INR 136 bn (USD 1.55 bn) linked to Reliance Communications and its affiliates.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#5- <\/strong><strong>The<\/strong><strong> Reserve Bank of India (RBI) will meet select primary dealers and banks to discuss tightening liquidity conditions that have pressured the government bond market<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/india\/indias-rbi-meet-banks-dealers-amid-liquidity-strain-say-sources-2025-11-03\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing unnamed sources. The meeting comes amid the central bank\u2019s unexpected cancellation of an INR 110 bn (USD 1.25 bn) auction in seven-year government securities last week, prompting a seven-basis-point fall in benchmark bond yields.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Banking system liquidity has oscillated between surplus and deficit in recent weeks<\/strong>, dampening market sentiment. The RBI wants to prevent borrowing costs from rising too much and may tweak bond auction schedules or persuade states to borrow less, the newswire adds. RBI Governor Sanjay Malhotra also said there remains room for yields to decline.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#6- UAE consortium goes to India\u2019s Supreme Court over redevelopment <\/strong><strong>dispute:<\/strong> Dubai-based consortium <a target=\"_blank\" href=\"https:\/\/seclinkgroup.com\/\" style=\"\" rel=\"noopener\">SecLink Technologies<\/a> has brought a case involving the restarting of a tender for the Dharavi redevelopment project before India\u2019s Supreme Court, <a target=\"_blank\" href=\"https:\/\/www.khaleejtimes.com\/uae\/dubai-seclink-technologies-corporation-india-top-court-dharavi-redevelopment-bid?_refresh=true\" style=\"\" rel=\"noopener\">Khaleej Times<\/a> reports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN CONTEXT- <\/strong>The redevelopment of Dharavi, a 2.4 sq km informal settlement in Mumbai, was estimated to generate more than AED 125 bn in long-term commercial value. SecLink said it had secured USD 4 bn-equivalent in bank guarantees for the project and has shouldered some AED 3.8 bn in costs due to the exposure.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What happened? <\/strong>SecLink Technologies \u2014 named the highest bidder in 2019 for the multi-year redevelopment of Dharavi, one of the world\u2019s largest informal settlements \u2014 argued that the state of Maharashtra cancelled the original tender after it was informally selected, and later issued a 2022 tender with revised criteria that prevented SecLink from reapplying. A special purpose vehicle led by Indian conglomerate Adani Group then secured the second tender.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The response: <\/strong>The state argued the original tender had to be cancelled as it didn\u2019t include the adjoining railway. SecLink maintains that the original tender already accounted for it. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Where we\u2019re at: <\/strong>The Supreme Court noted that the new terms may have been structured to disable or oust SecLink, ordered all original files from 2018 onward to be examined, and said it will monitor all payments relevant to the project pending a final examination. The next hearing is set for 13 November. <\/p>\n<p class=\"tag-border-left\">DATA POINTS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>India\u2019s<\/strong><strong> richest 1% increased their wealth by 62% between 2000-2023<\/strong>, per the <a target=\"_blank\" href=\"https:\/\/wid.world\/country\/india\/\" style=\"\" rel=\"noopener\">World Inequality Database<\/a>, with a new G20-commissioned report led by Nobel laureate Joseph Stiglitz warning global inequality has now reached \u201cemergency levels.\u201d The richest 1% globally captured 41% of all new wealth created between 2000-2024, while the bottom 50% received just 1% \u2014 raising risks for democracy, economic stability, and climate action. While China and India narrowed inequality marginally at a global distribution level, sharp within-country inequality has worsened across most nations.<\/p>\n<p class=\"tag-border-left\">PSAs- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Indian-carrier<\/strong> <strong>Akasa<\/strong><strong> Air is evaluating new routes into UAE, Egypt, Kenya and Ethiopia as part of its next phase of global expansion including a new route to Sharjah<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.business-standard.com\/amp\/companies\/news\/akasa-air-will-consider-flights-to-kenya-egypt-other-countries-ceo-125110200344_1.html\" style=\"\" rel=\"noopener\">Business Standard<\/a> reports, citing CEO Vinay Dube. The three-year-old carrier, which currently flies to six overseas Gulf and Asia markets, operates 30 Boeing 737 MAX aircraft with firm orders for 226 more. <\/p>\n<p class=\"tag-border-left\"> HAPPENING THIS WEEK- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi<\/strong><strong> Arabia\u2019s Media Ministry launched the second <\/strong><strong>Global Harmony <\/strong><strong>initiative<\/strong>, with India Week serving as the opening celebration in the Riyadh season festival, <a target=\"_blank\" href=\"https:\/\/www.ptinews.com\/story\/international\/global-harmony-returns-with-week-long-celebration-of-indian-culture-in-riyadh\/3062383\" style=\"\" rel=\"noopener\">Press Trust of India<\/a> reports. Part of the kingdom\u2019s Vision 2030 quality-of-life program, the event celebrates the cultural diversity and contributions of residents. Featuring Indian music, dance, cuisine, and crafts, the week celebrates longstanding Indian ties with Saudi Arabia. Indian Ambassador Suhel Ajaz Khan called the event a vital step in nurturing cross-cultural understanding and people ties.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>India<\/strong><strong> will showcase its inclusive growth model at the Second World Summit for Social Development (WSSD-2) in Doha, Qatar, from 4-6 November<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.thehindubusinessline.com\/news\/india-to-showcase-inclusive-growth-model-at-doha-social-development-summit\/article70236922.ece#:~:text=Union%20Minister%20for%20Labour%20%26%20Employment%20Mansukh%20Mandaviya%20will%20represent%20India,digitally%20enabled%2C%20and%20equitable%20growth.\" style=\"\" rel=\"noopener\">The Hindu Businessline<\/a> reports. Led by Labour and Employment Minister Mansukh Mandaviya, the Indian delegation will showcase progress in digital governance, poverty reduction, and social protection \u2014 highlighting how nearly 248 mn people have exited multidimensional poverty since 2011. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\"> THE BIG STORY ABROAD- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>US midterm elections are taking over headlines this morning<\/strong>, with heated races across the country that will serve as a litmus test of whether President Trump\u2019s policies are appealing to voters. Democratic socialist Zohran Mamdani has been projected to become New York City\u2019s first Muslim mayor, beating Trump-supported Andrew Cuomo, while an anti-Trump campaign in Virginia managed to snatch a victory for its first female governor Abigail Spanberger. (<a target=\"_blank\" href=\"https:\/\/www.washingtonpost.com\/politics\/2025\/11\/04\/election-2025-live-updates\/\" style=\"\" rel=\"noopener\">Washington Post<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/us\/election-day-live-us-voters-head-polls-new-york-new-jersey-virginia-2025-11-04\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/edition.cnn.com\/politics\/live-news\/election-news-11-04-25\" style=\"\" rel=\"noopener\">CNN<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/f47cbd25-0971-45e5-a69b-d79331c7160b\" style=\"\" rel=\"noopener\">Financial Times<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- Chipmaker AMD\u2019s sales <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-11-04\/amd-s-outlook-fails-to-wow-investors-after-ai-fueled-stock-rally\" style=\"\" rel=\"noopener\">beat analyst estimates<\/a><\/strong><strong> in 3Q<\/strong>, logging a 36% increase to USD 9.25 bn. However, a revenue forecast of USD 9.6 bn for the fourth quarter alarmed investors who jumped in on the stock\u2019s rally, leading shares to fall over 3% in extended trading.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND- More tech layoffs? <\/strong>IBM said yesterday it will <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2025\/11\/04\/ibm-layoffs-fourth-quarter.html\" style=\"\" rel=\"noopener\">lay off \u201ca low single-digit percentage\u201d<\/a> of its global workforce in 4Q. Just cutting 1% of the workforce would see 2.7k jobs lost, according to IBM\u2019s headcount at the end of 2024. Layoffs have been getting more frequent lately, with Amazon cutting 14k jobs in October and Meta gutting its AI unit amid an increasing reliance on AI tools.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO WORTH NOTING THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>Former US vice president Dick Cheney has passed away at 84<\/strong>. The \u201cwar on terror\u201d architect is considered the most powerful VP in modern US history, overseeing devastating military interventions that included the 2003 Iraq war. (<a target=\"_blank\" href=\"https:\/\/edition.cnn.com\/2025\/11\/04\/politics\/dick-cheney-death-obit0\" style=\"\" rel=\"noopener\">CNN<\/a>)<\/li>\n<li><strong>Norway\u2019s sovereign wealth fund is not going to vote for Elon Musk\u2019s USD 1 tn pay <\/strong><strong>package<\/strong>, concerned about \u201cthe total size of the award, dilution and lack of mitigation of key person risk.\u201d (<a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/technology\/2025\/nov\/04\/elon-musk-tesla-pay-deal-norway-wealth-fund-annual-shareholder-meeting\" style=\"\" rel=\"noopener\">The Guardian<\/a>)<\/li>\n<li><strong>Apple is getting ready to enter the low-cost laptop market<\/strong>, working on a budget Mac geared for light users, unnamed sources told <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-11-04\/apple-readies-a-low-cost-laptop-to-rival-chromebooks-and-windows-pcs\" style=\"\" rel=\"noopener\">Bloomberg<\/a>.<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/policy\/\">Policy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/what-were-tracking-today\/\">WHAT WE\u2019RE TRACKING TODAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"84697\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"84697\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">IPO WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/adia-backs-the-ipo-of-indian-digital-stockbroker-groww\/\">\r\n                            ADIA, GIC, Norges back Groww\u2019s INR 66.3 bn IPO                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/adia-backs-the-ipo-of-indian-digital-stockbroker-groww\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/adia-backs-the-ipo-of-indian-digital-stockbroker-groww\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/adia-backs-the-ipo-of-indian-digital-stockbroker-groww\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=ADIA backs the IPO of Indian digital stockbroker Groww&url=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/adia-backs-the-ipo-of-indian-digital-stockbroker-groww\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/adia-backs-the-ipo-of-indian-digital-stockbroker-groww\/&title=ADIA backs the IPO of Indian digital stockbroker Groww\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=ADIA+backs+the+IPO+of+Indian+digital+stockbroker+Groww+https%3A%2F%2Fenterpriseam.com%2Fmena-india%2F2025%2F11%2F05%2Fadia-backs-the-ipo-of-indian-digital-stockbroker-groww%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/adia-backs-the-ipo-of-indian-digital-stockbroker-groww\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/1273.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"84698\" data-permalink=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/adia-backs-the-ipo-of-indian-digital-stockbroker-groww\/1273-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/1273.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1273.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/1273.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/1273.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-84697\" class=\"content-area-description single-story post-84697 post type-post status-publish format-standard has-post-thumbnail hentry category-ipo-watch tag-enterpriseam-india tag-ipo tag-ipo-watch wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.3a0dcad2-1f86-4ce7-aad7-3a286fb00824.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>ADIA backs the IPO of Indian digital stockbroker Groww:<\/strong> <a target=\"_blank\" href=\"https:\/\/www.adia.ae\/\" style=\"\" rel=\"noopener\">Abu<\/a><a target=\"_blank\" href=\"https:\/\/www.adia.ae\/\" style=\"\" rel=\"noopener\">Dhabi Investment Authority<\/a> (ADIA), Singapore\u2019s <a target=\"_blank\" href=\"https:\/\/www.gic.com.sg\/\" style=\"\" rel=\"noopener\">GIC<\/a>, and Norway\u2019s <a target=\"_blank\" href=\"https:\/\/www.nbim.no\/\" style=\"\" rel=\"noopener\">Norges Bank Investment Management<\/a> are pitching in the INR 66.3 bn (USD 754 mn) IPO of Bengaluru-based online brokerage Billionbrains Garage Ventures, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/india\/sovereign-funds-norway-abu-dhabi-singapore-invest-indias-groww-ipo-sources-say-2025-11-03\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. The company is the parent of India-based digital investment and brokerage platform <a target=\"_blank\" href=\"https:\/\/groww.in\/\" style=\"\" rel=\"noopener\">Groww<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Adia committed to INR 1.4 bn worth of shares<\/strong> \u2014 same as GIC \u2014 while Norway\u2019s Government Pension Fund Global committed to INR 1.6 bn. A total of 17 domestic mutual funds bought some 46.6% of the shares earmarked for anchor investors.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Strong institutional interest:<\/strong> The anchor book, valued at nearly INR 30 bn (USD 336 mn), opened on 3 November, drawing about 40 institutional investors, including mutual funds, banks, and foreign portfolio investors. The public offer opens on 4 November and closes on 7 November. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Offer details: <\/strong>The IPO includes a fresh issue of about INR 11 bn (USD 121 mn) and an offer-for-sale of roughly 557 mn shares by existing investors, including <a target=\"_blank\" href=\"https:\/\/www.tigerglobal.com\/\" style=\"\" rel=\"noopener\">Tiger Global<\/a> and <a target=\"_blank\" href=\"https:\/\/www.peakxv.com\/\" style=\"\" rel=\"noopener\">Peak XV Partners<\/a>, revised from 574 mn shares filed in September. Shares are priced between INR 95 and INR 100 each, valuing the company at around USD 7 bn at the upper end of the price band. This will be India\u2019s largest IPO so far this year. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI: <\/strong>The listing comes as Groww continues to expand rapidly, with its active user base rising from about 7 mn in FY 2024 to nearly 14.3 mn as of June 2025 \u2014 making it the largest stockbroker in India. CEO Lalit Keshre said the surge sets the foundation for stronger monetization through mutual funds, broking, and wealth management, even as the IPO adds to a busy 2025 primary market line-up led by Tata Capital and HDB Financial.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Proceeds + advisers: <\/strong>Groww will use the IPO proceeds to fund branding and marketing, cloud infrastructure, and potential acquisitions. It will also infuse capital into its lending and margin trading subsidiaries. The remaining funds will go toward general corporate purposes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The players:<\/strong> <a target=\"_blank\" href=\"https:\/\/www.google.com\/aclk?sa=L&pf=1&ai=DChsSEwjDsJ2Q-9WQAxV18xYFHf40AvMYACICCAEQABoCdGw&co=1&ase=2&gclid=CjwKCAiAwqHIBhAEEiwAx9cTef6lBJrUlQLG1bTOM_cjBXUpSr1gtD8F121POWEsI7MouALkuGWpChoCuyIQAvD_BwE&cid=CAASQuRoJFYoKMeIP3UDHCeH2EELXfdbbBxzc7J6EkJ45BBf7mix5c-HH0J7qYwmFQ4dLcaZ-nL5BwzXzzVwhTD1ha2Amg&cce=2&category=acrcp_v1_32&sig=AOD64_18HZAqw8tiIlGNBYJO92__tuz4SQ&q&nis=4&adurl=https:\/\/www.kotakmf.com\/?utm_source%3Dgs%26utm_medium%3Dgrowth%26utm_campaign%3DPerf-EDM-Brand-Pure%26utm_adgroup%3DAMC-MF%26utm_term%3Dkotak%2520mutual%2520fund%26utm_network%3DSearchg%26utm_matchtype%3Db%26utm_device%3Dc%26utm_placement%3D%26utm_content%3D768067132993%26utm_Adposition%3D%26utm_location%3D9144442%26utm_campaignid%3D21806082648%26utm_sitelink%3D%26gad_source%3D1%26gad_campaignid%3D21806082648%26gbraid%3D0AAAAACe0NwybQVE4f0UgCjLjor1iLjGNm%26gclid%3DCjwKCAiAwqHIBhAEEiwAx9cTef6lBJrUlQLG1bTOM_cjBXUpSr1gtD8F121POWEsI7MouALkuGWpChoCuyIQAvD_BwE&ved=2ahUKEwimw5WQ-9WQAxW9a_UHHd1TLKsQ0Qx6BAgdEAE\" style=\"\" rel=\"noopener\">Kotak Mahindra Capital<\/a>, <a target=\"_blank\" href=\"http:\/\/www.jpmipl.com\/\" style=\"\" rel=\"noopener\">J.P Morgan India<\/a>, <a target=\"_blank\" href=\"https:\/\/www.citigroup.com\/global\/about-us\/global-presence\/india\/cgm-india\" style=\"\" rel=\"noopener\">Citigroup Global Markets India<\/a>, <a target=\"_blank\" href=\"https:\/\/www.axiscapital.co.in\/\" style=\"\" rel=\"noopener\">Axis Capital<\/a> and <a target=\"_blank\" href=\"https:\/\/www.google.com\/aclk?sa=L&pf=1&ai=DChsSEwjSy92u-9WQAxVebg8CHXLgN7oYACICCAEQAxoCdGI&co=1&ase=2&gclid=CjwKCAiAwqHIBhAEEiwAx9cTef-A8Qstnq96cZGrjOFLSqvqy4Idjypu2N7wEhbAVB_N0fRj-qk2bxoCiK4QAvD_BwE&cid=CAASQuRo9gepTTSXqGTEIx-Hm6wL7Pus6rD8ieTlTOAEejCgJ9zy9lIqGZRf2aPl1vmkf-rFNRHvYV7t2tgUldA7hXRNxw&cce=2&category=acrcp_v1_32&sig=AOD64_1TqC3ntZBDu_W8LP5lTWRmIDxW1g&q&nis=4&adurl=https:\/\/www.motilaloswalmf.com\/mutual-funds\/motilal-oswal-flexi-cap-fund?utm_source%3Dgoogle_pmax%26utm_medium%3Dbanner%26utm_campaign%3Dflexicap_sip%26gad_source%3D1%26gad_campaignid%3D22136710031%26gbraid%3D0AAAAACmSPchC2FRMmyzX0SQoYb_Vex8Jw%26gclid%3DCjwKCAiAwqHIBhAEEiwAx9cTef-A8Qstnq96cZGrjOFLSqvqy4Idjypu2N7wEhbAVB_N0fRj-qk2bxoCiK4QAvD_BwE&ved=2ahUKEwiSudSu-9WQAxWHfPUHHWzlMe0Q0Qx6BAgMEAE\" style=\"\" rel=\"noopener\">Motilal Oswal Investment Advisors<\/a> are the book-running lead managers, while <a target=\"_blank\" href=\"https:\/\/in.mpms.mufg.com\/\" style=\"\" rel=\"noopener\">MUFG Intime India<\/a> is the registrar. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">LENSKART IPO SPARKS VALUATION CONCERNS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Lenskart IPO pricing raises questions on Indian startup valuation:<\/strong> ADIA-backed eyewear retailer <a target=\"_blank\" href=\"https:\/\/www.google.com\/aclk?sa=L&pf=1&ai=DChsSEwiAi4f99dWQAxWzo2YCHR-cKzMYACICCAEQBBoCc20&co=1&ase=2&gclid=CjwKCAiAwqHIBhAEEiwAx9cTedrdGTH9gPB-0flOAM8QvD9GYiqC4YdnKVByXE1eUCNBYD5mmXYOYRoC8X4QAvD_BwE&ei=45cIaaGrEZXx4-EP4NKY2Ac&cid=CAASQuRoj4KaTlQF2eYz2Osn9_VuEww8C_LWPGsm7nh4YB78aLBDFPZkYhW8_wxwy_KHY9UWA-sDSQXP678pMkCKAjarEQ&cce=2&category=acrcp_v1_32&sig=AOD64_1jqGouwX-qfsnqLFOF0a9kwr5XmA&q&sqi=2&nis=4&adurl=https:\/\/www.lenskart.com\/?utm_source%3Dgoogle%26utm_medium%3Dcpc%26utm_campaign%3D112_in_bau_google_sale_brand_search_lkhome_troas_150119%26utm_content%3Dlenskart_exact%26gad_source%3D1%26gad_campaignid%3D1677912364%26gbraid%3D0AAAAADuGjA7sesaG3PzEwDdSoQGCWTUAi%26gclid%3DCjwKCAiAwqHIBhAEEiwAx9cTedrdGTH9gPB-0flOAM8QvD9GYiqC4YdnKVByXE1eUCNBYD5mmXYOYRoC8X4QAvD_BwE&ved=2ahUKEwjhqP_89dWQAxWV-DgGHWApBnsQ0Qx6BAgMEAE\" style=\"\" rel=\"noopener\">Lenskart Solutions<\/a> \u2019 INR 72.8 bn (USD 821 mn) IPO has sparked concern among analysts and fund managers suggesting Indian startups are being valued too richly as they go public, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-11-03\/lenskart-ipo-price-sparks-concern-over-indian-startup-valuations?srnd=phx-india-v2\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports. The offer, priced between INR 382-402 per share, values the company at about INR 700 bn (USD 8 bn) at the top end, with the stock scheduled to list on 10 November. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Valuation concern:<\/strong> At the upper end of the price band, Lenskart\u2019s valuation is about 10 times its sales values, with analysts saying the offering places it significantly higher than peers like global eyewear giant <a target=\"_blank\" href=\"https:\/\/www.essilorluxottica.com\/en\/\" style=\"\" rel=\"noopener\">EssilorLuxottica SA<\/a>. SBICAP Securities described the pricing as \u201cstretched,\u201d while Choice Equity Broking said it was \u201csignificantly high,\u201d noting that profits of the firm remain weak even though international sales now make up about 40% of total revenue.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Investor sentiment: <\/strong>The strong demand reflects continued optimism in India\u2019s IPO market, though fund managers have warned that several new-age companies are coming to market at exorbitant valuations. DSP Asset Managers, one of the anchor investors, defended its investment after online criticism, saying Lenskart\u2019s business is \u201cstrong and scalable\u201d but admitting the deal was \u201cexpensive.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Market context: <\/strong>Since early 2021, 32 startups have listed in India, and 14 of them now trade below their price issues, the news outlet notes. Despite valuation worries, analysts expect steady growth in India\u2019s under-penetrated eyewear market to keep investors interested in Lenskart\u2019s USD 8 bn debut.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">SAEL INDUSTRIES FILES FOR USD 521 MN IPO-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>New<\/strong><strong> Delhi-based renewable-energy firm <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.sael.co\/\" style=\"\" rel=\"noopener\">SAEL Industries<\/a><\/strong><strong> has filed draft papers to raise about INR 46 bn<\/strong> <strong>(USD 521 mn) through an IPO<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.thehindubusinessline.com\/markets\/sael-industries-files-for-521-million-ipo\/article70238704.ece\" style=\"\" rel=\"noopener\">The Hindu Businessline<\/a> reports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Offer details:<\/strong> The IPO comprises a fresh issue of INR 37.5 bn (USD 426 mn) and offer-for-sale of INR 8.25 bn (USD 94 mn) by Norwegian state-owned investor Norfund. Proceeds will be used to fund group subsidiaries and to repay borrowings including interest and pre-payment penalties. Kotak Mahindra Capital, JM Financial, Ambit Capital and ICICI Securities are the book-running lead managers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Operations: <\/strong>As of 30 September, SAEL Industries had a contracted and allocated renewable capacity of 5.76k MW, including 5.6k MW of solar and 165 MW of agri waste-to-energy projects across 10 states and one union territory. The company is India\u2019s largest agri waste-to-energy producer by operational capacity.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Investor activity: <\/strong>In October, Norfund invested INR 1.76 mn (USD 20 mn) in SAEL through compulsorily convertible preference shares, raising its total investment to INR 11.45 bn (USD 130 mn). These shares will convert to equity upon listing to support clean-energy projects secured under competitive bidding. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Sector momentum:<\/strong> India\u2019s renewable-energy sector is ramping up fast, with companies launching IPO bids amid a broader push toward green infrastructure. Indian firms have filed for more than INR 25 bn in clean-energy IPOs for FY 2026, and the country is already emerging as a key hub for green listings globally, according to <a target=\"_blank\" href=\"https:\/\/www.angelone.in\/news\/ipos\/clean-energy-ipos-on-the-rise-companies-plan-to-raise-25-000-crore-this-fiscal\" style=\"\" rel=\"noopener\">industry data<\/a>. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/ipo\/\">IPO<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/ipo-watch\/\">IPO WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"84699\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"84699\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">DIPLOMACY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/india-bahrain-commence-fta-talks\/\">\r\n                            Jaishankar, Zayani pledge deeper India-Bahrain cooperation                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/india-bahrain-commence-fta-talks\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/india-bahrain-commence-fta-talks\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/india-bahrain-commence-fta-talks\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=India + Bahrain commence FTA talks&url=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/india-bahrain-commence-fta-talks\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/india-bahrain-commence-fta-talks\/&title=India + Bahrain commence FTA talks\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=India+%2B+Bahrain+commence+FTA+talks+https%3A%2F%2Fenterpriseam.com%2Fmena-india%2F2025%2F11%2F05%2Findia-bahrain-commence-fta-talks%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/india-bahrain-commence-fta-talks\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1201.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"84700\" data-permalink=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/india-bahrain-commence-fta-talks\/1201-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1201.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1201.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1201.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1201.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-84699\" class=\"content-area-description single-story post-84699 post type-post status-publish format-standard has-post-thumbnail hentry category-diplomacy tag-bahrain tag-diplomacy tag-enterpriseam-india wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.51c37c39-df70-4403-a87e-1c3d57a4255e.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>India<\/strong><strong>, Bahrain commence FTA talks:<\/strong> India and Bahrain announced the launch of negotiations for a Comprehensive Economic Partnership Agreement while agreeing to explore a Double Taxation Avoidance Agreement \u2014 even as talks on a Bilateral Investment Treaty are already underway, <a target=\"_blank\" href=\"https:\/\/www.financialexpress.com\/policy\/economy-india-bahrain-launch-fta-talks-4030798\/\" style=\"\" rel=\"noopener\">Financial Express<\/a> reports. Foreign Minister S. Jaishankar and his Bahraini counterpart Abdullatif bin Rashid Al Zayani co-chaired the fifth India-Bahrain High Joint Commission in New Delhi. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Jaishankar added that the timely signing of the investment treaty and a joint working group on trade would strengthen economic ties. <\/strong>He encouraged Bahraini investors to explore avenues for investment in India, highlighting emerging sectors such as space, fintech, and tech. He also lauded Bahrain\u2019s upcoming GCC presidency and reiterated Indian support for regional peace efforts, including the Gaza plan.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/bahrain\/\">Bahrain<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"84701\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"84701\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">ENERGY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/lpg-losses-ease-as-saudi-price-cuts-offer-breather-to-indian-refiners\/\">\r\n                            Cheaper Saudi LPG softens blow for IndianOil, BPCL and HPCL                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/lpg-losses-ease-as-saudi-price-cuts-offer-breather-to-indian-refiners\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/lpg-losses-ease-as-saudi-price-cuts-offer-breather-to-indian-refiners\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/lpg-losses-ease-as-saudi-price-cuts-offer-breather-to-indian-refiners\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=LPG losses ease as Saudi price cuts offer breather to Indian refiners&url=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/lpg-losses-ease-as-saudi-price-cuts-offer-breather-to-indian-refiners\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/lpg-losses-ease-as-saudi-price-cuts-offer-breather-to-indian-refiners\/&title=LPG losses ease as Saudi price cuts offer breather to Indian refiners\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=LPG+losses+ease+as+Saudi+price+cuts+offer+breather+to+Indian+refiners+https%3A%2F%2Fenterpriseam.com%2Fmena-india%2F2025%2F11%2F05%2Flpg-losses-ease-as-saudi-price-cuts-offer-breather-to-indian-refiners%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/lpg-losses-ease-as-saudi-price-cuts-offer-breather-to-indian-refiners\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/816.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"84702\" data-permalink=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/lpg-losses-ease-as-saudi-price-cuts-offer-breather-to-indian-refiners\/816-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/816.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"816.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/816.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/816.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-84701\" class=\"content-area-description single-story post-84701 post type-post status-publish format-standard has-post-thumbnail hentry category-energy tag-energy tag-enterpriseam-india tag-oil-and-gas wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.17d61d0e-938a-4758-810d-f24d03ad297c.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Saudi<\/strong><strong> price cuts ease India\u2019s LPG losses: <\/strong>Indian state-run refiners are set to record their lowest losses on household liquefied petroleum gas (LPG) sales in over two years after Saudi Aramco slashed benchmark propane and butane prices to USD 475 and USD 460 a tonne, <a target=\"_blank\" href=\"https:\/\/www.business-standard.com\/amp\/economy\/news\/falling-saudi-arabia-lpg-prices-likely-to-help-refiners-breathe-easy-125110200511_1.html\" style=\"\" rel=\"noopener\">Business Standard<\/a> reports, citing unnamed Aramco analysts. This is a reduction of USD 20 and USD 15 from October prices. The drop has reduced per-cylinder losses to about INR 20 (USD 0.24) \u2014 a fraction of the INR 200 (USD 2.40) they were losing a year ago.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why this<\/strong> <strong>matters<\/strong><strong>? <\/strong>For IndianOil, Bharat Petroleum, and Hindustan Petroleum, which together supply LPG to 330 mn households, the easing comes as a relief. The government earlier approved INR 300 bn (USD 3.3 bn) in compensation for LPG-incurred losses from last year, when refiners absorbed about INR 40 bn (USD 480 mn) to keep prices affordable.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Lower Saudi prices have also boosted Indian LPG imports<\/strong>, up 7% y-o-y to 19.7 mn tonnes in April-October, with US shipments rising sharply. Crude oil is expected to stabilize near USD 65 per barrel, which could keep refiners\u2019 LPG losses contained through FY26.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Context: <\/strong>Saudi Arabian prices remain crucial because India imports about 60% of its LPG. While the UAE is India\u2019s largest supplier, Saudi prices impact the regional pricing. India imported some 19 mn tonnes of gas between January-October, the business daily adds, citing Kpler data. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> India heavily subsidizes household LPG, and maintains a targeted subsidy of INR 300 (USD 3.42) per 14.2 kg cylinder for low-income households under the PM Ujjwala scheme \u2014 which currently provides free LPG connections and subsidized refills to 105.8 mn Indian households \u2014 to promote clean cooking fuel use, as per government <a target=\"_blank\" href=\"https:\/\/www.pib.gov.in\/PressNoteDetails.aspx?NoteId=154997&ModuleId=3\" style=\"\" rel=\"noopener\">data<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/energy\/\">ENERGY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/oil-and-gas\/\">oil and gas<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"84703\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"84703\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">ENERGY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/india-trims-russian-oil-buys-pays-more-for-gulf-and-african-crude\/\">\r\n                            Refiners front-load Russian cargoes as US crude exports surge                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/india-trims-russian-oil-buys-pays-more-for-gulf-and-african-crude\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/india-trims-russian-oil-buys-pays-more-for-gulf-and-african-crude\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/india-trims-russian-oil-buys-pays-more-for-gulf-and-african-crude\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=India trims Russian oil buys, pays more for Gulf and African crude&url=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/india-trims-russian-oil-buys-pays-more-for-gulf-and-african-crude\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/india-trims-russian-oil-buys-pays-more-for-gulf-and-african-crude\/&title=India trims Russian oil buys, pays more for Gulf and African crude\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=India+trims+Russian+oil+buys%2C+pays+more+for+Gulf+and+African+crude+https%3A%2F%2Fenterpriseam.com%2Fmena-india%2F2025%2F11%2F05%2Findia-trims-russian-oil-buys-pays-more-for-gulf-and-african-crude%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/india-trims-russian-oil-buys-pays-more-for-gulf-and-african-crude\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1354.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"84704\" data-permalink=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/india-trims-russian-oil-buys-pays-more-for-gulf-and-african-crude\/1354-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1354.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1354.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1354.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1354.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-84703\" class=\"content-area-description single-story post-84703 post type-post status-publish format-standard has-post-thumbnail hentry category-energy tag-energy tag-enterpriseam-india tag-oil-and-gas tag-russia wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.a50ec6c7-728d-432d-9726-aa08c56a2f26.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>India's<\/strong><strong> crude imports from Russia fell 29% y-o-y to USD 3.3 bn in September<\/strong> from USD 4.7 bn last year following the punitive US tariffs on such imports, <a target=\"_blank\" href=\"https:\/\/www.thehindubusinessline.com\/data-stories\/india-trims-russian-oil-imports-by-29-in-september-broadens-energy-sourcing-to-nigeria-angola-and-turkiye\/article70235842.ece\/amp\/\" style=\"\" rel=\"noopener\">The Hindu Businessline<\/a> reports. To offset the shortfall, India boosted imports from Saudi Arabia, the UAE, the US, and new suppliers like Nigeria and Libya. Russia\u2019s share in India\u2019s oil basket has dropped to 31% from 41%, its lowest in two years, per Commerce Ministry data.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>But diversification has come at a cost <\/strong>\u2014 Middle Eastern and African barrels are up to 20% pricier than Russian crude, squeezing refinery margins and potentially widening India\u2019s trade deficit.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Meanwhile\u2026:<\/strong> Indian refiners are accelerating Russian crude arrivals ahead of 21 November, when the US sanctions against Rosneft and Lukoil come into effect, <a target=\"_blank\" href=\"https:\/\/economictimes.indiatimes.com\/industry\/energy\/oil-gas\/russian-oil-flows-to-india-set-to-surge-ahead-of-us-sanctions\/articleshow\/125066148.cms\" style=\"\" rel=\"noopener\">The Economic Times<\/a> reports. Imports held steady at 1.6 mn barrels per day (bpd) in October, but are expected to climb this month as 1.7 mn bpd were loaded at Russian ports in October, most due to arrive before the cut-off. Cargoes from non-sanctioned suppliers will continue flowing thereafter.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>India\u2019s<\/strong><strong> BPCL is turning to Abu Dhabi for crude as US sanctions squeeze <\/strong><strong>Russian supply<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.cnbctv18.com\/business\/bpcl-turns-to-abu-dhabi-for-2-million-barrels-after-us-sanctions-hit-russian-oil-19738380.htm\" style=\"\" rel=\"noopener\">CNBC<\/a> reports, citing two trading sources. The Indian state-run refiner picked up 2 mn barrels of Upper Zakum crude in a spot tender for December loading. Adnoc Trading is set to deliver the cargo, one of the sources said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In contrast:<\/strong> US crude exports to India nearly tripled to 568k bpd in October, displacing UAE barrels amid favourable Brent crude spreads and weaker Chinese demand. The US has now become India\u2019s fourth-largest oil supplier, after Russia, Iraq, and Saudi Arabia.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/energy\/\">ENERGY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/oil-and-gas\/\">oil and gas<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/russia\/\">Russia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"84705\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"84705\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">STARTUP WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/urban-company-enters-uae-with-new-subsidiary\/\">\r\n                            Urban Company enters UAE, reshuffles board structure                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/urban-company-enters-uae-with-new-subsidiary\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/urban-company-enters-uae-with-new-subsidiary\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/urban-company-enters-uae-with-new-subsidiary\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Urban Company enters UAE with new subsidiary&url=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/urban-company-enters-uae-with-new-subsidiary\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/urban-company-enters-uae-with-new-subsidiary\/&title=Urban Company enters UAE with new subsidiary\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Urban+Company+enters+UAE+with+new+subsidiary+https%3A%2F%2Fenterpriseam.com%2Fmena-india%2F2025%2F11%2F05%2Furban-company-enters-uae-with-new-subsidiary%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/urban-company-enters-uae-with-new-subsidiary\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/9\/180.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"84706\" data-permalink=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/urban-company-enters-uae-with-new-subsidiary\/180-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/9\/180.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"180.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/9\/180.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/9\/180.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-84705\" class=\"content-area-description single-story post-84705 post type-post status-publish format-standard has-post-thumbnail hentry category-startup-watch tag-enterpriseam-india tag-startup-watch tag-startups wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.cfcba74b-5e57-4687-b82d-4010b2ce40cc.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>India<\/strong><strong>-based home services platform Urban Company has expanded into the UAE<\/strong>, setting up a wholly owned subsidiary through its Singapore entity Urban Home Experts, <a target=\"_blank\" href=\"https:\/\/yourstory.com\/2025\/11\/urban-company-expands-to-uae-reshuffles-board\" style=\"\" rel=\"noopener\">Yourstory<\/a> reports. The company will invest about INR 30 mn in the new venture, which will focus on general trading \u2014 supplying products to service professionals on its platform and marketing its in-house brand Native to customers in the Emirates. This move comes as part of Urban Company\u2019s broader Gulf expansion; in April 2024, it launched operations in Saudi Arabia through a joint venture with Saudi Manpower Solutions Company, marking its first entry into the GCC market<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Founded in 2014, the firm is a tech-enabled company platform that connects consumers with trained professionals <\/strong>for home, beauty and repair services across India and select overseas markets. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Market context: <\/strong>Backed by Prosus Ventures, Elevation Capital, Accel India Tiger Global, and VY Capital, Urban Company\u2019s UAE expansion marks a step toward diversifying revenue beyond India\u2019s competitive home-services market while building out its product and B2B verticals.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Board update: <\/strong>The company has restructured its board, with Vamsi Krishna Duvvuri, earlier a nominee director representing investor VY Capital, redesignated as a non-executive, non-independent director. Duvvuri, founder and managing partner at Dharana Capital, joined the board in September 2024. The change is part of governance updates following the company\u2019s public listing earlier this year.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/startup-watch\/\">Startup Watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/startups\/\">startups<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"84707\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"84707\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">POLICY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/modi-unveils-usd-12-bn-fund-to-back-deeptech-and-research-led-growth\/\">\r\n                            New USD 12 bn RDI fund aims to close India\u2019s research financing gap                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/modi-unveils-usd-12-bn-fund-to-back-deeptech-and-research-led-growth\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/modi-unveils-usd-12-bn-fund-to-back-deeptech-and-research-led-growth\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/modi-unveils-usd-12-bn-fund-to-back-deeptech-and-research-led-growth\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Modi unveils USD 12 bn fund to back deeptech and research-led growth&url=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/modi-unveils-usd-12-bn-fund-to-back-deeptech-and-research-led-growth\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/modi-unveils-usd-12-bn-fund-to-back-deeptech-and-research-led-growth\/&title=Modi unveils USD 12 bn fund to back deeptech and research-led growth\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Modi+unveils+USD+12+bn+fund+to+back+deeptech+and+research-led+growth+https%3A%2F%2Fenterpriseam.com%2Fmena-india%2F2025%2F11%2F05%2Fmodi-unveils-usd-12-bn-fund-to-back-deeptech-and-research-led-growth%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/modi-unveils-usd-12-bn-fund-to-back-deeptech-and-research-led-growth\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/10\/623.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"84708\" data-permalink=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/modi-unveils-usd-12-bn-fund-to-back-deeptech-and-research-led-growth\/623-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/10\/623.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"623.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/10\/623.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/10\/623.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-84707\" class=\"content-area-description single-story post-84707 post type-post status-publish format-standard has-post-thumbnail hentry category-policy tag-enterpriseam-india tag-narendra-modi tag-policy wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.ed9d0383-1b66-43d3-9978-bf28555a63d9.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Modi unveils USD 12 bn fund to back deeptech and research-led growth<\/strong><strong>: <\/strong>Prime Minister Narendra Modi launched a new INR 1 tn (USD 12 bn) Research, Development, and Innovation (RDI) fund to scale private-sector-led research and tech innovation, as per a <a target=\"_blank\" href=\"https:\/\/dst.gov.in\/rdi-scheme\/research-development-and-innovation-rdi-cell\" style=\"\" rel=\"noopener\">press release<\/a>. The initiative will institutionalize financing for innovation under the Department of Science and Technology of the government and Anusandhan National Research Foundation, a government body developing strategy for research and scientific innovation. Focus areas include energy transition, space, biotech, robotics, AI, and quantum computing.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How the fund works: <\/strong>The fund will deploy long-term, low, or zero-interest loans and equity infusions for high-impact research and startups. This will take place via alternate investment funds, development finance institutions, non banking financial companies, and research-focused bodies of the Indian government such as the Technology Development Board and the Biotechnology Industry Research Assistance Council. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background: <\/strong>India\u2019s current R&D spending \u2014 a trickle compared to other major emerging markets \u2014 is at 0.6% of the country\u2019s GDP compared to 2.4% in China. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/narendra-modi\/\">Narendra Modi<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/policy\/\">Policy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"84709\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"84709\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">MOVES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/deepak-mittal-takes-charge-as-indias-ambassador-designate-to-the-uae\/\">\r\n                            Deepak Mittal takes charge as India\u2019s envoy to UAE                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/deepak-mittal-takes-charge-as-indias-ambassador-designate-to-the-uae\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/deepak-mittal-takes-charge-as-indias-ambassador-designate-to-the-uae\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/deepak-mittal-takes-charge-as-indias-ambassador-designate-to-the-uae\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Deepak Mittal takes charge as India\u2019s ambassador-designate to the UAE&url=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/deepak-mittal-takes-charge-as-indias-ambassador-designate-to-the-uae\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/deepak-mittal-takes-charge-as-indias-ambassador-designate-to-the-uae\/&title=Deepak Mittal takes charge as India\u2019s ambassador-designate to the UAE\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Deepak+Mittal+takes+charge+as+India%E2%80%99s+ambassador-designate+to+the+UAE+https%3A%2F%2Fenterpriseam.com%2Fmena-india%2F2025%2F11%2F05%2Fdeepak-mittal-takes-charge-as-indias-ambassador-designate-to-the-uae%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/deepak-mittal-takes-charge-as-indias-ambassador-designate-to-the-uae\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/292.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"84710\" data-permalink=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/deepak-mittal-takes-charge-as-indias-ambassador-designate-to-the-uae\/292-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/292.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"292.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/292.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/292.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-84709\" class=\"content-area-description single-story post-84709 post type-post status-publish format-standard has-post-thumbnail hentry category-moves tag-enterpriseam-india tag-moves wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.c92cf617-fd20-4727-9036-2fffec283ce7.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Deepak Mittal (<\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/deepak-mittal-ab109330\/?originalSubdomain=in\" style=\"\" rel=\"noopener\">Linkedin<\/a><\/strong><strong>), an officer of the Indian Foreign Service (IFS), has taken charge as ambassador-designate of India to the UAE<\/strong>, <a target=\"_blank\" href=\"https:\/\/ddnews.gov.in\/en\/dr-deepak-mittal-takes-charge-as-indias-ambassador-designate-to-the-uae\/\" style=\"\" rel=\"noopener\">DD News<\/a> reports. A career diplomat with more than two decades of experience, Mittal served as India\u2019s ambassador to Qatar (2020-2023) and additional secretary in the Prime Minister\u2019s Office. His previous postings include missions in Egypt, Israel, and Bangladesh as well as consul general in Ho Chi Minh City, Vietnam. Mittal is succeeding Sunjay Sudhir.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/moves\/\">MOVES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"84711\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"84711\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/gulftainer-launches-new-maritime-service-connecting-india-to-gulf\/\">\r\n                            Gulftainer launches new maritime service connecting India to Gulf                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/gulftainer-launches-new-maritime-service-connecting-india-to-gulf\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/gulftainer-launches-new-maritime-service-connecting-india-to-gulf\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/gulftainer-launches-new-maritime-service-connecting-india-to-gulf\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Gulftainer launches new maritime service connecting India to Gulf&url=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/gulftainer-launches-new-maritime-service-connecting-india-to-gulf\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/gulftainer-launches-new-maritime-service-connecting-india-to-gulf\/&title=Gulftainer launches new maritime service connecting India to Gulf\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Gulftainer+launches+new+maritime+service+connecting+India+to+Gulf+https%3A%2F%2Fenterpriseam.com%2Fmena-india%2F2025%2F11%2F05%2Fgulftainer-launches-new-maritime-service-connecting-india-to-gulf%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/gulftainer-launches-new-maritime-service-connecting-india-to-gulf\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-84711\" class=\"content-area-description single-story post-84711 post type-post status-publish format-standard hentry category-also-on-our-radar tag-also-on-our-radar tag-enterpriseam-india tag-shipping wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.a474c504-b205-442d-a68f-74db53fc665c.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Sharjah<\/strong><strong>-based logistics operator Gulftainer has launched the India-Gulf Express (GIX)<\/strong>, a new maritime service aimed at enhancing trade connectivity between Gulf countries and India\u2019s western coast, <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/business\/transport-and-logistics\/gulftainer-launches-newest-india-gcc-maritime-service-c9zu4bds\" style=\"\" rel=\"noopener\">Trade Arabia<\/a> reports. The new route establishes a direct weekly link connecting India\u2019s Nhava Sheva port in Maharashtra and Mundra in Gujarat, with key Gulf gateways including Sharjah, Sohar, Hamad, and Jebel Ali. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/shipping\/\">Shipping<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"84712\" class=\"issue-section markets\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"84712\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">PLANET FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/mena-sees-mas-rise-23-y-o-y-in-9m-to-usd-69-1-bn-ey\/\">\r\n                            MENA sees M&amp;As rise 23% y-o-y in 9M to USD 69.1 bn -EY                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/mena-sees-mas-rise-23-y-o-y-in-9m-to-usd-69-1-bn-ey\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/mena-sees-mas-rise-23-y-o-y-in-9m-to-usd-69-1-bn-ey\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/mena-sees-mas-rise-23-y-o-y-in-9m-to-usd-69-1-bn-ey\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=MENA sees M&#038;As rise 23% y-o-y in 9M to USD 69.1 bn -EY&url=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/mena-sees-mas-rise-23-y-o-y-in-9m-to-usd-69-1-bn-ey\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/mena-sees-mas-rise-23-y-o-y-in-9m-to-usd-69-1-bn-ey\/&title=MENA sees M&#038;As rise 23% y-o-y in 9M to USD 69.1 bn -EY\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=MENA+sees+M%26%23038%3BAs+rise+23%25+y-o-y+in+9M+to+USD+69.1+bn+-EY+https%3A%2F%2Fenterpriseam.com%2Fmena-india%2F2025%2F11%2F05%2Fmena-sees-mas-rise-23-y-o-y-in-9m-to-usd-69-1-bn-ey%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/mena-sees-mas-rise-23-y-o-y-in-9m-to-usd-69-1-bn-ey\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/309.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"84713\" data-permalink=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/mena-sees-mas-rise-23-y-o-y-in-9m-to-usd-69-1-bn-ey\/309-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/309.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"309.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/309.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/309.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-84712\" class=\"content-area-description single-story post-84712 post type-post status-publish format-standard has-post-thumbnail hentry category-planet-finance tag-enterpriseam-india tag-ma-watch tag-planet-finance wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.9af93f10-f7f2-4185-8a0e-53a98775090e.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MENA logged another strong stretch of M&A activity in 9M 2025<\/strong>, closing 649n transactions worth USD 69.1 bn, a 23% y-o-y rise in volume and the region\u2019s most active cross-border run in half a decade, supported by renewed investor confidence and a firmer macro backdrop, according to <a target=\"_blank\" href=\"https:\/\/www.ey.com\/en_eg\/newsroom\/2025\/11\/mena-region-witnesses-increased-m-a-activity-in-the-first-9-months-of-2025-with-649-deals-totaling-us-69-1b\" style=\"\" rel=\"noopener\">EY\u2019s MENA M&A insights report<\/a>. The GCC alone accounted for the bulk of M&A plays at 500 transactions valued at USD 65.9 bn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What EY says is behind the uptick: <\/strong>\u201cMENA\u2019s improving economic outlook, expanding digital economy and strategic policy support attracted higher foreign investor interest in the first nine months of this year. The UAE maintained strong foreign direct investment (FDI) momentum, driven by its stable economy and investor-friendly policies,\u201d Anil Menon, EY MENA head of M&A and equity capital markets leader, said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE remained the region\u2019s M&A hub<\/strong>, attracting 171 inbound transactions worth USD 29 bn, more than any other one country, led by OMV and Borealis\u2019s USD 16.5 bn acquisition of a 64% stake in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/46ad08b5-3b9f-44ce-ab12-62c88fa77e81\" style=\"\" rel=\"noopener\">Borouge<\/a>, the region\u2019s largest M&A YTD. Adnoc\u2019s USD 6.3 bn purchase of 46.94% of <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/46ad08b5-3b9f-44ce-ab12-62c88fa77e81\/adnoc,-omv-want-to-acquire-mubadala%25e2%2580%2599s-nova-chemicals\" style=\"\" rel=\"noopener\">Canada\u2019s NOVA<\/a> Chemicals and Saudi Aramco\u2019s USD 3.5 bn acquisition of <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/6dde5fbc-bf8a-4b06-9250-c49ac8c20436\/%253cmark%253earamco%253c%2Fmark%253e-reportedly-acquires-primax,-expands-into-peru%25e2%2580%2599s-fuel-market\" style=\"\" rel=\"noopener\">Peru\u2019s Primax<\/a> followed as major outbound plays.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Cross-border activity continued to drive growth<\/strong>, contributing 54% of the total count and 76% of total value. Outbound M&A reached 189 transactions worth USD 28.5 bn, led by the UAE and Saudi Arabia, which together accounted for 85% of total outbound value. Canada topped the list by value, while the UK was the most targeted market by volume. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt and Kuwait were among the region\u2019s top five buyers and targets<\/strong>, with Oman and Qatar also seeing increased dealflow. The surge in cross-border activity reflects \u201ca growing appetite for international expansion and portfolio diversification,\u201d EY Strategy and Transactions Leader Brad Watson said, adding that the \u201cshift toward mid-size transactions reflects a strategic focus on high-growth, innovation-driven sectors that support long-term economic development in line with the region\u2019s economic diversification goals.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Inbound transactions rose 25% y-o-y in volume and 34% in value to 160 plays worth USD <\/strong><strong>23.8 bn<\/strong>, buoyed by Austrian investment linked to the Borouge acquisition. Chemicals and technology led sectoral activity, contributing USD 23.9 bn and USD 12.2 bn, respectively.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>On the domestic front<\/strong>, MENA sealed 300 local M&As with a combined disclosed value of USD 16.8 bn, representing 46% of overall volume. Activity was concentrated in technology, provider care, banking, and capital markets, while mid-sized transactions dominated. Technology and consumer product industries made up 32% of the domestic transaction value and 40% of volume. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Sovereign wealth funds remained active<\/strong>, executing 22 transactions (17 outbound) focused on energy, logistics, and technology. UAE- and Saudi-based funds led the charge, reflecting their growing role as cross-border consolidators and long-term strategic investors.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/ma-watch\/\">M&amp;A Watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/planet-finance\/\">PLANET FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"84714\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"calendar\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/84714-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-84714\" class=\"content-area-description single-story post-84714 post type-post status-publish format-standard hentry category-calendar wpautop entry\">\n\n\t\t\t<hr class=\"wp-block-separator has-text-color has-primary-color has-alpha-channel-opacity has-primary-background-color has-background is-style-wide\">\n\n\t\t<h2 class=\"wp-block-heading mt-0 has-primary-color has-text-color has-link-color has-normal-font-size\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\">\n\t\t\t<strong> CALENDAR<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">NOVEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>6 & 11 November (Thursday, Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.eci.gov.in\/eci-backend\/public\/api\/download?url=LMAhAK6sOPBp%2FNFF0iRfXbEB1EVSLT41NNLRjYNJJP1KivrUxbfqkDatmHy12e%2FzX%2FLARKC1lI3JwqUiIIk3e6jbGk1CRYxaGzABkOgdfk8DYQVtl8QBUpiBVKUEB0x1O4jyvJqQIR5ZMChqCiQwfQ%3D%3D\" style=\"\">Bihar Legislative Assembly Elections<\/a><\/span><span style=\"font-weight:400;\"> 2025 (Two-phase polling across Bihar)<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>13 November (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.indembassybern.gov.in\/newsImage\/1756380292_6481_3rd%20CII%20India%20Europe%20Business%20and%20Sustainability%20Conclave%20on%2013%20November.pdf\" style=\"\">3rd CII India Europe Business and Sustainability Conclave<\/a><\/span><span style=\"font-weight:400;\">, Vishakhapatnam, Andhra Pradesh.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>14 November (Friday): Counting of votes for <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.eci.gov.in\/eci-backend\/public\/api\/download?url=LMAhAK6sOPBp%2FNFF0iRfXbEB1EVSLT41NNLRjYNJJP1KivrUxbfqkDatmHy12e%2FzX%2FLARKC1lI3JwqUiIIk3e6jbGk1CRYxaGzABkOgdfk8DYQVtl8QBUpiBVKUEB0x1O4jyvJqQIR5ZMChqCiQwfQ%3D%3D\" style=\"\">Bihar Legislative Assembly Elections<\/a><\/span><span style=\"font-weight:400;\"> 2025.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>17-21 November (Monday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bdli.de\/en\/dates\/dubai-airshow-2025#:~:text=Dubai%20Airshow%202025%20,one%20of%20the%20world%27s\" style=\"\">Dubai Airshow 2025<\/a><\/span><span style=\"font-weight:400;\">, Al Maktoum International Airport, Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>19 November (Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/b2b.economictimes.indiatimes.com\/gcc-conclave-bengaluru#:~:text=Conclave%20b2b,2025%20at%20Sheraton%20Grand%20Bengaluru\" style=\"\">ET Global Capability Centers (GCC) Annual Conclave 2025<\/a><\/span><span style=\"font-weight:400;\">, Sheraton Grand Bengaluru, Bengaluru.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>19-21 November (Wednesday-Sunday), <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bengalurutechsummit.com\/\" style=\"\">Bengaluru Tech Summit<\/a><\/span><span style=\"font-weight:400;\"> 2025, Bangalore International Exhibition Centre (BIEC), Bengaluru.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>21-22 November (Friday-Saturday): Global Economic Summit & <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/apac01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fwww.wtcmumbai.org%2F&data=05%7C02%7C%7Cbda7459d9e304945ce3508de04abd9b8%7C84df9e7fe9f640afb435aaaaaaaaaaaa%7C1%7C0%7C638953333312114999%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=qOiA%2FJTiA2LTtq9knLsYLcIOMoJUs2synZx3tWJqYzE%3D&reserved=0\" style=\"\">World Trade Expo 2025<\/a><\/span><span style=\"font-weight:400;\">, World Trade Center, Mumbai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>21-22 November (Friday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bckic.in\/csr-conclave\/\" style=\"\">BCKIC CSR & Sustainability Conclave 2025<\/a><\/span><span style=\"font-weight:400;\">, Odisha State Convention Centre, Odisha. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>22 November (Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ficci.in\/event_details\/30042501578462\" style=\"\">Finance Conclave 2025<\/a><\/span><span style=\"font-weight:400;\">, The Park, Hyderabad.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>26 November (Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/b2b.economictimes.indiatimes.com\/gcc-conclave-bengaluru?ag=events_listing&utm_source=events_listing&utm_medium=eventListing\" style=\"\">GCC Annual Conclave 2025<\/a><\/span><span style=\"font-weight:400;\">, Sheraton Whitefield, Bengaluru.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>28 November (Friday): Launch of <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.vogue.in\/content\/the-largest-m-f-husain-museum-set-to-open-in-qatar-is-inspired-by-the-artists-own-sketch\" style=\"\">Lawh Wa Qalam: M.F. Husain Museum<\/a><\/span><span style=\"font-weight:400;\"> in Education City, Doha.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">DECEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>3-7 December (Wednesday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/engimach.com\/\" style=\"\">ENGIMACH Automation & Manufacturing Technology Expo<\/a><\/span><span style=\"font-weight:400;\">, Helipad Exhibition Centre (Gandhinagar), Gujarat.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>11 December (Thursday), <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ficci.in\/event_details\/28032507259215\" style=\"\">FICCI Commercial Real Estate Conclave<\/a><\/span><span style=\"font-weight:400;\">, Taj MG Road, Bengaluru.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">Signposted to happen sometime in December 2025:<\/span><\/p>\n<ul>\n<li><span>Russian President Vladimir Putin\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.newsonair.gov.in\/president-putin-looks-forward-to-india-visit-praises-pm-modi-and-bilateral-ties\/\" style=\"\">India Visit<\/a><\/span><span> (Details yet to be announced).<\/span><\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Signposted to happen in 2H 2025:<\/span><\/p>\n<ul>\n<li><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/g20.org\/\" style=\"\">G20 Summit 2025<\/a><\/span><span style=\"font-weight:400;\">, Johannesburg, South Africa.<\/span><\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">JANUARY <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>19-20 January (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.tradeindia.com\/tradeshows\/145470\/international-crop-science-conference-exhibition-2026.html\" style=\"\">International Crop Science Conference and Exhibition 2026<\/a><\/span><span style=\"font-weight:400;\">, Le Meridien Conference Centre, Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>27-30 January (Tuesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"http:\/\/indiaenergyweek.com\/event\/2026\/_home\" style=\"\">India Energy Week 2026<\/a><\/span><span style=\"font-weight:400;\">, ONGC Advanced Training Institute, Goa.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>30 January-1 February (Friday-Sunday):<\/span><span style=\"\"><a href=\"https:\/\/indiaagriexpo.com\/\" style=\"\"><\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/indiaagriexpo.com\/\" style=\"\">India Agri Expo 2026<\/a><\/span><span style=\"font-weight:400;\">, Ludhiana Exhibition Centre, Punjab.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">31 January (Saturday): Commencement of Budget Session 2026, Parliament of India, New Delhi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">FEBRUARY<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>1 February (Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/dea.gov.in\/files\/announcements_documents\/Budget_Circular202627.pdf\" style=\"\">Union Budget 2026-27<\/a><\/span><span style=\"font-weight:400;\">, Parliament of India, New Delhi. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>3-6 February (Tuesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.indembassydili.gov.in\/section\/upcoming-events\/52nd-year-of-chemtech-world-expo-2026-3rd-6th-february-2026-bombay-exhibition-centre-goregaon-mumbai-india\/\" style=\"\">ChemTECH World Expo 2026<\/a><\/span><span style=\"font-weight:400;\">, JIO World Convention Centre, Mumbai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>19-20 February (Thursday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/impact.indiaai.gov.in\/home\/\" style=\"\">India - AI Impact Summit<\/a><\/span><span style=\"font-weight:400;\"> 2026, New Delhi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>19-20 February (Thursday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/impact.indiaai.gov.in\/\" style=\"\">India-AI Impact Summit<\/a><\/span><span style=\"font-weight:400;\">, Bharat Mandapam, New Delhi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>25 February (Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/wsds.teriin.org\/\" style=\"\">World Sustainable Development Summit<\/a><\/span><span style=\"font-weight:400;\">, Taj Palace, New Delhi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">MARCH<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>12 March (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/b2b.economictimes.indiatimes.com\/entrepreneur-summit?ag=events_listing&utm_source=events_listing&utm_medium=eventListing\" style=\"\">ET Entrepreneur Summit & Awards 2026<\/a><\/span><span style=\"font-weight:400;\">, Bengaluru.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>23-25 March (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/indiasoft.org\/delegates-registration\/\" style=\"\">Indiasoft 2026: International IT Exhibition & Conference<\/a><\/span><span style=\"font-weight:400;\">, New Delhi<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">23-25 March (Monday-Wednesday): 11th Smart Cities Expo, Bharat Mandapam, New Delhi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>23-25 March (Monday-Wednesday):<\/span> <span style=\"text-decoration-skip-ink:none;font-size:11.5pt;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/plastiworld.org\/\" style=\"\">PLASTIWORLD India<\/a><\/span><span style=\"font-size:11.5pt\"> 2026, Jio World <\/span><span>Convention<\/span><span style=\"font-weight:400;font-size:11.5pt;\"> Centre, Mumbai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">Signposted to happen sometime in March 2026<\/span><\/p>\n<ul>\n<li><span style=\"font-weight:400;\">Election Commission of India is expected to announce polling dates for elections in the states of Tamil Nadu, Kerala, West Bengal, Assam, and the union territory, Puducherry.<\/span><\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">APRIL<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>29 April-2 May (Wednesday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bharatbuildcon.com\/\" style=\"\">Bharat Buildcon 2026<\/a><\/span><span style=\"font-weight:400;\">, Yashobhoomi, Dwarka, Delhi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>7-10 April (Tuesday-Friday), <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.indiarubberexpo.in\/\" style=\"\">India Rubber Expo 2026<\/a><\/span><span style=\"font-weight:400;\">, ITPO, Pragati Maidan, Delhi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">JUNE<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>24-25 June (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/homelandsecurityexpo.in\/datesvenue.php#\" style=\"\">India Homeland Security Expo 2026<\/a><\/span><span style=\"font-weight:400;\">, Bharat Mandapam, Pragati Maidan, New Delhi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Signposted to happen sometime in 1H 2026:<\/span><\/p>\n<ul>\n<li><span>Signing of <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/india-qatar-trade-deal-by-q3-next-year-piyush-goyal\/articleshow\/124350957.cms\" style=\"\">India-Qatar FTA<\/a><\/span><span style=\"font-weight:400;\"> (Details yet to be announced).<\/span><\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">DECEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>8-11 December (Tuesday-Thursday), <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/expandnorthstar.com\/\" style=\"\">Expand North Star 2025<\/a><\/span><span>, Dubai. <\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>ADIA backs yet another IPO | India trims Russian oil purchases | Saudi price cuts benefit Indian refiners | Another Indian start up makes foray in UAE<\/p>\n","protected":false},"featured_media":84694,"menu_order":0,"template":"","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-84693","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"ef82aaac-3bec-4091-a081-b47411291559","teaser":"ADIA backs yet another IPO | India trims Russian oil purchases | Saudi price cuts benefit Indian refiners | Another Indian start up makes foray in UAE","photo_url":"https:\/\/ent.news\/2025\/11\/644.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>India + Bahrain commence FTA talks - MENA India Corridors<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/mena-india\/issues\/india-bahrain-commence-fta-talks\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"India + Bahrain commence FTA talks\" \/>\n<meta property=\"og:description\" content=\"ADIA backs yet another IPO | India trims Russian oil purchases | Saudi price cuts benefit Indian refiners | Another Indian start up makes foray in UAE\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/mena-india\/issues\/india-bahrain-commence-fta-talks\/\" \/>\n<meta property=\"og:site_name\" content=\"MENA India Corridors\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-11T10:24:53+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/644.jpg?fit=%2C&ssl=1\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/issues\/india-bahrain-commence-fta-talks\/\",\"url\":\"https:\/\/enterpriseam.com\/mena-india\/issues\/india-bahrain-commence-fta-talks\/\",\"name\":\"India + Bahrain commence FTA talks - MENA India Corridors\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/issues\/india-bahrain-commence-fta-talks\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/issues\/india-bahrain-commence-fta-talks\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/644.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2025-11-05T00:00:00+00:00\",\"dateModified\":\"2025-12-11T10:24:53+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/issues\/india-bahrain-commence-fta-talks\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/mena-india\/issues\/india-bahrain-commence-fta-talks\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/issues\/india-bahrain-commence-fta-talks\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/644.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/644.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/issues\/india-bahrain-commence-fta-talks\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/mena-india\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Issues\",\"item\":\"https:\/\/enterpriseam.com\/mena-india\/AMarchives\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"India + Bahrain commence FTA talks\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/#website\",\"url\":\"https:\/\/enterpriseam.com\/mena-india\/\",\"name\":\"EnterpriseAM-MENA-India-Corridor\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/mena-india\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/#organization\",\"name\":\"EnterpriseAM-MENA-India-Corridor\",\"url\":\"https:\/\/enterpriseam.com\/mena-india\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/84573.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/84573.svg\",\"caption\":\"EnterpriseAM-MENA-India-Corridor\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"India + Bahrain commence FTA talks - MENA India Corridors","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/mena-india\/issues\/india-bahrain-commence-fta-talks\/","og_locale":"en_US","og_type":"article","og_title":"India + Bahrain commence FTA talks","og_description":"ADIA backs yet another IPO | India trims Russian oil purchases | Saudi price cuts benefit Indian refiners | Another Indian start up makes foray in UAE","og_url":"https:\/\/enterpriseam.com\/mena-india\/issues\/india-bahrain-commence-fta-talks\/","og_site_name":"MENA India Corridors","article_modified_time":"2025-12-11T10:24:53+00:00","twitter_card":"summary_large_image","twitter_image":"https:\/\/i0.wp.com\/ent.news\/2025\/11\/644.jpg?fit=%2C&ssl=1","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/mena-india\/issues\/india-bahrain-commence-fta-talks\/","url":"https:\/\/enterpriseam.com\/mena-india\/issues\/india-bahrain-commence-fta-talks\/","name":"India + Bahrain commence FTA talks - MENA India Corridors","isPartOf":{"@id":"https:\/\/enterpriseam.com\/mena-india\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/mena-india\/issues\/india-bahrain-commence-fta-talks\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/mena-india\/issues\/india-bahrain-commence-fta-talks\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/11\/644.jpg?fit=%2C&ssl=1","datePublished":"2025-11-05T00:00:00+00:00","dateModified":"2025-12-11T10:24:53+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/mena-india\/issues\/india-bahrain-commence-fta-talks\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/mena-india\/issues\/india-bahrain-commence-fta-talks\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/mena-india\/issues\/india-bahrain-commence-fta-talks\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2025\/11\/644.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/11\/644.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/mena-india\/issues\/india-bahrain-commence-fta-talks\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/mena-india\/"},{"@type":"ListItem","position":2,"name":"Issues","item":"https:\/\/enterpriseam.com\/mena-india\/AMarchives\/"},{"@type":"ListItem","position":3,"name":"India + Bahrain commence FTA talks"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/mena-india\/#website","url":"https:\/\/enterpriseam.com\/mena-india\/","name":"EnterpriseAM-MENA-India-Corridor","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/mena-india\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/mena-india\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/mena-india\/#organization","name":"EnterpriseAM-MENA-India-Corridor","url":"https:\/\/enterpriseam.com\/mena-india\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/mena-india\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/84573.svg","contentUrl":"https:\/\/ent.news\/internal\/84573.svg","caption":"EnterpriseAM-MENA-India-Corridor"},"image":{"@id":"https:\/\/enterpriseam.com\/mena-india\/#\/schema\/logo\/image\/"}}]}},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/issue\/84693","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/issue"}],"about":[{"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/types\/issue"}],"version-history":[{"count":1,"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/issue\/84693\/revisions"}],"predecessor-version":[{"id":84734,"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/issue\/84693\/revisions\/84734"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/media\/84694"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/media?parent=84693"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/categories?post=84693"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/tags?post=84693"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}