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MIDDLE EAST INFRASTRUCTURE SPENDING
Indian engineering giant L&T’s order wins signal Middle East revivalLarsen & Toubro reported an impressive acquisition of thirteen new orders since the beginning of July, including seven contracts from the M...- L&T partners with French firm to market specialised road construction equipment in IndiaLarsen & Toubro has joined forces with FAYAT Road Equipment to promote BOMAG machinery within India. This partnership not only expands the ...
- US prepares to send diplomats back to Middle East embassies after Iran war evacuations: ReportEmbassies slated to restore higher staffing levels include those in Israel, Lebanon, Saudi Arabia, Qatar, Jordan, Oman, Iraq and Kuwait, ac...
- AI is keeping Asia afloat as inflation weighs it down: Moody’s AnalyticsIn the Asia-Pacific landscape, economies are diverging with AI-driven export demand providing a silver lining. Nonetheless, domestic consum...
- FACT, Paradeep Phosphates, RCF, other fertiliser stocks rally up to 13%. Here's whyShares of fertiliser companies rallied up to 13% on Tuesday after Russian President Vladimir Putin assured India of uninterrupted fertilise...
- L&T wins ₹5,000-10,000 crore 'major' order to build 3 battery storage projects in Middle EastWith the recent acquisition of a major contract for three battery energy storage ventures, Larsen & Toubro is poised for expansion. This in...
- Capital goods sector to stay soft in H1, recovery seen in H2FY27 on thermal orders: ReportIndia’s capital goods and power equipment sector may remain subdued in the first half of FY27 before recovering later, 360 ONE Capital said...
- The 'trustworthy' changes in the lives of India's middle classDigital payments and tax reforms have significantly altered middle-class spending habits. GST has streamlined consumption taxes, impacting ...
- L&T wins ultra-mega Middle East gas project worth over ₹15,000 croreLarsen & Toubro announced an ultra-mega contract exceeding fifteen thousand crore rupees. This significant project involves building gas co...
- Gaza ceasefire hangs in the balance as Israeli strikes fuel fresh uncertaintyDeadly airstrikes in Gaza killed at least ten people on Wednesday. These attacks occurred just days after U.S. negotiators asked Israel to ...
- Iran says the world has accepted it has defeated the USIran's president stated the world accepts Iran's victory in its war with the United States. He mentioned that the entire world approved Ira...
- Global Market: Eurozone bond yields edge lower after turbulent week in global debt marketsEurozone bond yields eased Friday but remained set for weekly gains amid global bond-market stress, persistent inflation and fiscal concern...
- Paras Defence expects exports to double as Middle East conflict boosts demandParas Defence anticipates its export revenue will double this fiscal year. This growth is driven by Middle East conflict and rising geopoli...
- Iran dismisses US economic threats and other developments in the Middle EastIran rejected United States President Donald Trump's economic threats and isolation policies. Meanwhile, the United Kingdom and other natio...
- Urban Company, Unicommerce expand partnership to Saudi Arabia, UAEUrban Company's Middle East division has partnered with Unicommerce to streamline its e-commerce operations in Saudi Arabia and the UAE. Th...
- Global Market Today: Asian equities decline as chip selloff extendsAsian stock markets witnessed a downturn as semiconductor shares plummeted sharply. The rise in bond yields and escalating oil prices contr...
- Global Market Today: Asian shares advance; oil rises on Middle East concernsAs peace prospects in the Middle East worsen, oil prices surged, reigniting fears about supply disruptions. Concurrently, US Treasury yield...
- Global market: Japan Q2 GDP misses estimates, but BOJ rate hike bets remain intactJapan’s second-quarter economic growth missed expectations as weaker household consumption and business investment offset resilient exports...
- Global Market: Japan stocks edge lower after GDP growth misses forecastsJapanese equities traded mostly lower as weaker-than-expected economic growth and elevated oil prices weighed on investor sentiment. Concer...
- Why US stocks are rising: Nasdaq leads Wall Street higher as AI stocks rally, inflation supports Fed pauseUS stock markets rallied on Wednesday, with the Nasdaq taking the lead in gains. Encouraging earnings reports from AI infrastructure compan...
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