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MEED REPORT
L&T shares drop over 4% even as co clarifies rumors of potential cancellation of Kuwait oil projectsLarsen & Toubro shares fell after reports said that Kuwait may cancel oil project tenders worth $8.7 billion. The decline followed news tha...- L&T moves to calm nerves after report flags possible $8.7 bln Kuwait cancellationsLarsen & Toubro has clarified that oil project tenders in Kuwait, reportedly facing cancellation, were not part of its order book. This sta...
- Stocks in the news: HDFC Bank, AB Capital, ICICI Bank, Religare, GMDC and RaitelCentury Textiles, Tata Investment Corp, Mahindra CIE , GMDC, Tatva Chintan , Meghmani Finechem, Maharashtra Scooters, Eveready Industries a...
- Maharashtra Covid-19 mortality rate less than Punjab, Uttarakhand, Nagaland, Goa: MEED ReportThe state of Maharashtra has recorded the highest number of Covid-19 cases in the country. However, a report prepared by the Medical Educat...
- KarbonCard scoops up $2 million in angel funding round from Amrish Rau, Kunal Shah and Jitendra GuptaThe fin-tech venture provides an alternative to startups looking for corporate cards to meet expenses.
- GCC: Award over $50 billion in oil and gas contractsTwo projects scheduled to get underway in Kuwait and Oman next year will increase the value of contracts awarded in the GCC's projects.
- Amid debt crisis, European construction firms head to QatarFaced with a worsening debt crisis , several major European cos seeking new investment opportunities will be attending the annual Qatar Pro...
- Shortage of Indian workers hits UAE construction boomUAE construction industry is facing acute shortage of workforce as Indian workers are preferring to stay home as a result of eco boom. Tips...
- Gulf construction feels heat of supply shortagesThe Gulf's booming construction industry is feeling the heat of soaring materials costs and labour shortages amid concern that supply press...
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