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
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Gulf states move towards US-led AI supply chain pact
Qatar and the United Arab Emirates are set to join a United States–led initiative aimed at securing global artificial intelligence and semiconductor supply chains, signalling a widening of Washington’s technology diplomacy into the Gulf and underlining the strategic importance of
ADX and Borsa Italiana move to link UAE and Europe capital markets
Abu Dhabi’s main stock exchange and Italy’s bourse have taken a formal step towards closer capital-market integration, signalling ambitions that extend beyond headline listings to the plumbing of cross-border settlement and custody.The Abu Dhabi Securities Exchange Group, ranked among the
Assiut Joins Air Arabia Abu Dhabi’s Egypt Network
Air Arabia Abu Dhabi announced it will launch direct flights between Abu Dhabi and Assiut in Egypt, with service starting on 4 November 2025. The route will operate twice weekly, on Tuesdays and Fridays, using non-stop flights between Zayed International
