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EPIC signs contract for manufacturing and supply of large diameter steel pipes with Saudi Aramco
Welspun Corp has announced that its associate company, East Pipes Integrated Company for Industry (EPIC) in the Kingdom of Saudi Arabia (KSA) has signed a contract for the manufacturing and supply of large diameter steel pipes with Saudi Aramco.Read more
Sigachi Industries expands globally with strategic partnership in Saudi Arabia
Through their wholly owned subsidiary, Sigachi MENA FZCO, and SNP, they have jointly established Sigachi Arabia, with Sigachi MENA FZCO holding a substantial 75% stake and SNP owning the remaining 25%.Read more
Saudi Arabia's Aramco, Siemens collaborate on Carbon Capture Pilot Project
This initiative comes as Saudi Arabia, the largest oil producer in the Middle East, explores innovative approaches to address emissions challenges.Read more
India, Saudi Arabia signs Green Hydrogen, Grid Interconnectivity pact
The agreement, inked in Riyadh during the MENA Climate Week 2023, outlines a comprehensive framework for cooperation between the nations.Read more
L&T expands foothold in West Asia
As of June, L&T boasted an impressive order book of Rs 4.12 trillion. Notably, about 25% of this, amounting to Rs 1 trillion, originated from West Asia.Read more
KEC International secures $138M NEOM Transmission Project in Saudi Arabia
Vimal Kejriwal, the Managing Director and CEO of KEC International, announced this significant deal, highlighting the company's strong global presence in the power transmission and distribution sector.Read more
Petronas nears $1.6 bn stake deal in India's AM Green
The negotiations between Petronas and AM Green are at an advanced stage, valuing AM Green at $6 billionRead more
L&T secures $3.9 bn contracts for Saudi Aramco's Jafurah expansion
L&T's market capitalisation surpassed the Rs 4 trillion mark for the first time ever, reaching an intraday high of Rs 4.01 trillion before settling at Rs 4 trillion.Read more
Saudi Wealth fund forges $3.3 billion steel giant in Saudi Basic Industries' Deal
The Public Investment Fund (PIF) will take ownership of Saudi Iron & Steel Company from Sabic, while, in a separate transaction, Sabic's steel arm, Hadeed, will secure AlRajhi Steel Industries in exchange for equity, as per an official statement.Read more
Alstom nurtures, grooms women from Coimbatore, to contribute to sustainable rail mobility at global level
Alstom has over 18 per cent women on the shopfloor at its world-class components manufacturing facility in Coimbatore working across various roles such as team leaders, CCN engineer, quality assurance etc.Read more