BusinessLatest Business and Company Updates
L&T Secures Mega NGL Plant Deal in Middle East
Larsen & Toubro’s hydrocarbon onshore unit, in partnership with Greek firm Consolidated Contractors Group, has booked an ultra-mega contract valued at over ₹150 billion to build a natural gas liquids plant and associated processing facilities in the Middle East. The engineering, procurement, construction, installation and commissioning scope
ADIA Joins Lead Role in GL Capital’s SciClone Continuation Vehicle
A wholly owned subsidiary of the Abu Dhabi Investment Authority has committed as lead investor to a single-asset continuation vehicle by GL Capital centred on SciClone Pharmaceuticals. The move marks a notable entry from a sovereign wealth fund
Danube vows jobs shield in Dubai
Dubai-based Danube Group has said it will retain its full workforce and keep salary payments on schedule, with founder and chairman Rizwan Sajan telling staff the company will not resort to layoffs even as businesses across the Gulf navigate the
Aramex posts record revenue as freight demand surges
Aramex reported record quarterly revenue of Dh1.83 billion for the three months ended June 30, 2026, as freight-forwarding demand and flexible routing helped the logistics group navigate regional transport disruption. Second-quarter revenue increased 22 per cent from Dh1.50 billion a year
