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UAE group bidding for Indian port

The UAE's Saqr Port Authority, based in Ras Al Khaimah, is one of the leading bidders to develop and operate coal and iron ore berths at India's state-owned Paradip Port in Orissa, reported Gulf News. K. Raghuramaiah, chairman of Paradip Port, said a partnership between Saqr Port and Emirates Trading Agency is among the eight shortlisted bidders, which include China's state-owned Ningbo Port Group.