FINANCIAL NEWS

UAE’s Dodsal purchases India’s AE&E I.D.E.A

09 Mar 2011

(MENAFN) Chairman and president of Dodsal group, Rajen A. Kilachand, stated that the group bought India-based AE&E I.D.E.A in a move to enhance its business in the fields of energy, industry and infrastructure, reported Times of Oman.

The Chairman of the UAE-based group also said that the purchase would help the group in conducting its business on a global level as well as provide technological development in procurement, engineering, and construction space.

Kilachand mentioned that the new addition to the group’s business would improve Dodsal’s engineering capabilities, and would further the group’s services in providing business solutions as well as exploring other engineering options.

It is worth noting that AE&E I.D.E.A is a well-known giant in the fields of oil, gas, power, and infrastructure, and has been in business for 27 years.

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