Air India Express is expanding its India–West Asia network under its Winter 2026 schedule, with up to 135 daily departures connecting 23 Indian cities with 12 gateways across Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE.
Larsen & Toubro’s (L&T) Power Transmission & Distribution business has secured multiple EPC orders across Saudi Arabia, the UAE and India. Projects include 380 kV transmission and substations in Saudi Arabia, 132/11 kV substations in the UAE, and transmission lines and substations in Visakhapatnam, India.
Global air cargo spot rates have continued to surge going into the second half of October, reaching $3.8 per kg, as ongoing tensions in the Middle East continued to constrain regional capacity and elevated fuel costs added to pressure on the market ahead of the peak fourth-quarter shipping season, according to WorldACD Market Data.
TAQA, one of the largest listed integrated utility companies, has divested its 100% stake in TAQA Neyveli Power Company Private Limited to MEIL Energy Private Limited for a sale consideration of INR9.26 billion (approximately $104.65 million).
Drydocks World, a DP World company, has signed an agreement with Cochin Shipyard Limited (CSL) to evaluate and develop India’s first ship repair cluster at the International Ship Repair Facility at Kochi in the south Indian state of Kerala.
QatarEnergy signed a 17-year Sales and Purchase Agreement (SPA) with Gujarat State Petroleum Corporation (GSPC) for the supply of up to 1 million tonnes per annum (MTPA) of LNG to India.
JERA and India’s AM Green Ammonia have agreed a five-year deal for annual supplies of 70,000 tonnes of green ammonia, with production planned at a facility in Andhra Pradesh from 2028/29, supporting Japan’s energy and maritime decarbonisation efforts.
KEC International, a global infrastructure engineering, procurement and construction (EPC) major, has secured an order for a 400kV transmission line project in Oman as part of its new orders worth Rs106 billion ($1.1 billion) across its Transmission & Distribution (T&D), civil and cables and conductors businesses.
Saudi Arabia led Gulf winners at the 2026 American Concrete Institute Excellence in Concrete Construction Awards, with its projects (NovusCrete, King Salman International Complex and Aramco Stadium) securing first-place honours in three categories, while Dubai’s Wasl Tower won in the high-rise structures category.
Worldwide air cargo tonnages dropped 3% during the October 6 to 12 period over the previous week, mainly due to holidays in China, Taiwan and S. Korea. On the pricing side, a noticeable change was that China air cargo spot rates to the US fell for a second week by 7%.
