BusinessLatest Business and Company Updates
Megha Engineering Secures $225.5 Million Gas Project in Kuwait
Hyderabad-based Megha Engineering & Infrastructures Ltd has clinched a $225.5 million contract from Kuwait Oil Company to build, operate and maintain a gas sweetening and sulphur recovery facility in Kuwait’s oilfields. The deal spans engineering, procurement and construction, followed by a five-year operations and maintenance phase, with an
Mubadala exits Arcadia stake following Bansk-led takeover
Mubadala Investment Company has sold its minority holding in Arcadia Consumer Healthcare, completing its exit from the United States-based consumer health and wellness platform alongside the company’s acquisition by funds managed by Bansk Group. The transaction marks a change in
Botim Money teams with Mastercard for remittances
Botim Money, the financial services arm of the messaging platform botim, said on Tuesday it has entered a partnership with Mastercard to widen the reach of its international money transfer services, enabling users to send funds from the United Arab
Emirates NBD profit climbs on lending surge
Emirates NBD, Dubai’s largest bank by assets, posted a four per cent rise in full-year net profit on Monday, underpinned by record lending growth as borrowing demand strengthened across domestic and international markets.The lender said net profit reached 24 billion
