Oman-based Jindal Shadeed Iron and Steel – a wholly-owned subsidiary of Jindal Steel and Power Limited (JSPL) India under the leadership of chairman Naveen Jindal –continues to enhance its capabilities to serve the region’s requirements for high quality steel through its state-of-the-art factory in the sultanate.

Larsen & Toubro (L&T) of India has been leaving indelible marks on the GCC’s projects scene ever since it won its first contract four decades ago.

The Government of Ras Al Khaimah has completed a deal with India’s Shree Cement under which the latter has acquired the emirate’s Union Cement Company (UCC). The Foreign Direct Investment (FDI) deal has been completed exactly six months after the initial announcement in January.