Larsen & Toubro

du 9M profit up 10.8%

Revenue grows as connectivity demand supports earnings

Al Rajhi Bank 9M profit up

Revenue growth lifts earnings despite higher provisions

Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding

Aldar buys Sharjah homes

Deal adds 1,100-plus rental units

SIB profit up 9%

Higher income from financing and investment drive growth.
  • Dubai, UAE - Larsen & Toubro (L&T), a Mumbai-based Indian company, has announced plans to collaborate with banks in the Middle East, the Indian newspaper The Hindubusinessline reported.  The primary objective of this tie-up is not to seek financing for projects, as L&T will continue to self-finance its project execution...
  • L&T Construction secures orders in Saudi Arabia, Malaysia, India

    Dubai, UAE - L&T Construction, part of Larsen & Toubro, has secured new orders in Saudi Arabia, Malaysia, and India. The company will construct a ±525kV High Voltage Direct Current (HVDC) transmission segment in Saudi Arabia. This forms part of a large capacity Voltage Source Converter (VSC) based HVDC system,...
  • Aramco taps L&T for Saudi facility

    Spread over 120,000 square meters of area, the facility which is to construed by L&T aims to create crucial equipment for several industries such as power, oil and gas.
  • L&T wins contract for 132/11kV Dubai substation

    L&T’s construction arm has won several orders in India and abroad, including one for a 132/11kV power substation in Dubai