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.
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%.
Gitex, the world’s largest tech and AI events network, will mark its debut in India with the inaugural Gitex Ai India in April 2027 in Bengaluru, it was revealed at the Gitex Global in Dubai.
Google has announced a $15 billion investment to build a large AI + data centre hub in the south Indian city of Visakhapatnam (Vizag), thus pioneering a generational shift in AI capability and anchoring the next phase of US–India tech co-operation in an AI era.
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.
