BCD Global, a leading Indian multinational group with interests in real estate development, construction and finance, has announced its foray into the Middle East, naming Dubai as its regional headquarters as it accelerates its next phase of global growth.
Hindustan Petroleum Corporation (HPCL) has commissioned India’s first LC-MAX residue conversion unit at its Visakh Refinery, marking a milestone in the country’s downstream sector.
Emirates NBD Capital, the investment banking arm of Emirates NBD, has received regulatory approval for a Category I Merchant Banking licence from SEBI, India’s market regulator, becoming the first Middle Eastern investment bank to secure Category I licensure.
India and the European Union have concluded a long-delayed free trade agreement that will eliminate or sharply reduce tariffs on the vast majority of goods traded between the two sides, a move aimed at boosting bilateral commerce amid rising global trade tensions.
Oman’s OQ Group has signed strategic agreements worth over RO230 million ($598 million) with two global companies - Germany-based MAK and Indian group Deepak - for the development of advanced downstream manufacturing projects in the cities of Sohar and Salalah in the sultanate.
Leading Indian property developer Casagrand has broken ground on its premium residential project - Hermina - on Dubai Islands, thus marking its entry into the Middle East real estate market. Set for completion in Q2 2028, the project will feature a total of 131 residential units and other amenities.
India and the United Arab Emirates have agreed to double their bilateral trade to $200 billion by 2032, underscoring the rapid expansion of economic ties under their Comprehensive Economic Partnership Agreement (CEPA).
Adnoc Gas, a major unit of Abu National Oil Company (Adnoc) and its subsidiaries announced the signing of a sales and purchase agreement valued at between $2.5 billion - $3 billion for a period of 10 years with Hindustan Petroleum Corporation Limited (HPCL).
KEC International, a global infrastructure engineering, procurement and construction major, has announced the successful completion and energisation of a 380 kV double circuit OHTL in Saudi Arabia. Spanning 103km with 239 towers, it was among the most challenging transmission line projects in the region.
Aramex, a leading provider of logistics and transportation solutions, has appointed Abbas Panju as its Senior Vice President for GCC and India. An industry veteran with close to two decades of international leadership experience, he brings in a wealth of logistics expertise across Asia and MEA region.
