Despite chaos, West Asia remains positive for engineering companies

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The Middle East is in crisis, yet business has grown with the UAE and Saudi Arabia,” he said.

KEC International recently announced a Rs 1,142 crore order win, including a 380 kV transmission line project in Saudi Arabia.

Data available for engineering exports indicate an annual rise of almost 50 per cent in September, supporting the optimism.

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Article Details

Category: BusinessFinance

Markets: IndiaCanadaSaudi ArabiaUkraine

Topics: West Asia Engineering companies Indian economy UAE Service industry

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 18:46:03 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 517 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23461340

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About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 332 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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Publisher ID: #49

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