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.
Omani group Firas Bin Fatik and India-based Maadfam Entertainment have inked a strategic partnership to develop two large-scale projects in the sultanate aligned with its Vision 2040 development strategy. The first is a 17.4 million-sq-ft student campus living district and the second a large-scale integrated interactive zone.
Nissan has announced a series of senior management changes in its Africa, Middle East, India, Europe and Oceania (AMIEO) region, designed to strengthen delivery of the Re:Nissan transformation plan and enhance operational efficiency, speed and customer focus.
