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Oman Investment Authority ties Chinese capital to local industry in record agreement package
Business & Corporate

Oman Investment Authority ties Chinese capital to local industry in record agreement package

Oman Investment Authority has signed its largest single-day package of agreements with Chinese institutions, committing billions of dollars across funds, power storage, mining, logistics, digital infrastructure and space. Most projects are domiciled in Oman, shifting the bilateral relationship from trade toward industrial localisation and technology transfer.

Top Stories

Business & Corporate

JBIC raises financing ceiling to USD 283 million for US crude oil export infrastructure

Japan Bank for International Cooperation (JBIC) has increased its financing commitment to Japan Invest 2 LLC to approximately USD 283 million for a US crude oil transportation and export infrastructure project. The revised facility, supported by private-sector co-financing, brings the total financing package to approximately USD 850 million.




Infrastructure News

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EIB commits EUR 70 million to Altum for Latvian residential energy upgrades
INVESTMENTS & FUNDING

EIB commits EUR 70 million to Altum for Latvian residential energy upgrades

The European Investment Bank (EIB) has extended a EUR 70 million loan to Latvian development finance institution Altum. The funding targets energy-efficiency retrofits across multi-apartment residential buildings to reduce heating costs, cut greenhouse gas emissions and modernize aging housing stock.

Odisha approves 6.25 billion rupees ISS water conservation projects across four major rivers
WATER & SANITATION

Odisha approves 6.25 billion rupees ISS water conservation projects across four major rivers

The Government of Odisha has granted administrative approval for five in-stream storage structure (ISS) projects valued at 6.25 billion Indian rupees across four major rivers. Spanning five districts, the infrastructure initiative aims to enhance groundwater recharge, irrigation capacity, and climate resilience for approximately 72,000 residents across 74 villages.

Defence

Global Defence News

Navy

BAE Systems has secured a 138 million USD United States Navy contract to keep producing Virginia-class submarine propulsors, with an ordering period through September 2032. The award underpins the two-set annual production rate and the Navy's wider submarine build cadence.

Finance & Banking News

INVESTMENTS & FUNDING

UBI increases stake in Star Union Dai-ichi Life Insurance with capital injection

Union Bank Of India (UBI) has expanded its equity stake in Star Union Dai-ichi Life Insurance Company Limited to 26.24% following an additional capital infusion of 3.36 billion INR. The strategic transaction received regulatory clearances earlier, reinforcing the financial institution's foothold in the domestic insurance sector.

MERGERS & ACQUISITIONS

VIG expands Turkish footprint with Demir Sağlık acquisition

Vienna Insurance Group (VIG) has agreed to acquire Turkish health insurer Demir Sağlık ve Hayat Sigorta, expanding its footprint in a high-growth regional health market. The transaction reinforces the group's regional diversification and targets escalating demand for private healthcare services.

INVESTMENTS & FUNDING

AfDB injects $150 million into Equity Bank Kenya to scale SME lending

The African Development Bank Group (AfDB) has approved a $150 million subordinated loan for Equity Bank Kenya Limited. The eight-year funding mechanism aims to expand credit availability for small and medium-sized enterprises, with targeted support for youth and women entrepreneurs.

INVESTMENTS & FUNDING

TDB secures $200 million facility from AfDB to expand continental commerce

The African Development Bank Group (AfDB) has approved a $200 million trade finance line of credit for the Trade and Development Bank (TDB). The initiative aims to alleviate liquidity constraints, foster regional integration, and facilitate the acquisition of essential commodities across the continent.

MERGERS & ACQUISITIONS

Morgan Stanley expands its market reach with Vinyl Equity acquisition

Morgan Stanley has announced a definitive agreement to acquire digital-native transfer agent Vinyl Equity. The strategic deal integrates cap table management, equity administration, and tokenization capabilities to streamline public transitions for corporate clients.

INVESTMENTS & FUNDING

ING and EIF deploy capital facility for Dutch SMEs

ING and the European Investment Fund (EIF) have established a financial facility exceeding 128 million euros to support fast-growing businesses in the Netherlands. The initiative delivers subordinated debt to strengthen corporate balance sheets and expand access to senior financing for strategic investments.

INVESTMENTS & FUNDING

EIB and Eximbanka launch EUR 100 million credit facility for Slovak exporters

The European Investment Bank (EIB) and Eximbanka have established a EUR 100 million co-financed credit facility to enhance international expansion, technological modernization, and innovation among Slovak small and mid-sized enterprises, with a strong focus on economically lagging domestic regions.

Resources

Global Energy & Power News

Oman Investment Authority ties Chinese capital to local industry in record agreement package
EXCLUSIVE

Oman Investment Authority ties Chinese capital to local industry in record agreement package

POWER & UTILITIES

Oklo secures long-term HALEU supply to advance its 1.2 GW Ohio nuclear power campus

Oklo has signed multi-year fuel supply agreements with Centrus Energy, securing high-assay low-enriched uranium (HALEU) for its planned Ohio nuclear power campus. Supported by funding linked to Meta's future electricity purchases, the agreements will underpin initial Aurora reactor deployments and strengthen domestic uranium enrichment capacity.

Business & Corporate

ADB commits $208.3 million for green leasing and micro-enterprise financing in Türkiye

The Asian Development Bank (ADB) has finalized $208.3 million in private sector financing agreements in Türkiye to support micro and small enterprises, enhance green leasing initiatives and facilitate international trade operations.

ADB commits $208.3 million for green leasing and micro-enterprise financing in Türkiye

Technology & AI

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Oman Investment Authority ties Chinese capital to local industry in record agreement package

Oman Investment Authority ties Chinese capital to local industry in record agreement package

Oman Investment Authority has signed its largest single-day package of agreements with Chinese institutions, committing billions of dollars across funds, power storage, mining, logistics, digital infrastructure and space. Most projects are domiciled in Oman, shifting the bilateral relationship from trade toward industrial localisation and technology transfer.

ADB and Republic of Korea launch fund for artificial intelligence deployment

ADB and Republic of Korea launch fund for artificial intelligence deployment

The Asian Development Bank (ADB) and the Republic of Korea have launched a $20 million trust fund to accelerate artificial intelligence adoption across developing economies in Asia and the Pacific, targeting critical sectors like health care and agriculture.

BlueMatrix finalizes Aiera buyout to unify research authoring and AI distribution

BlueMatrix finalizes Aiera buyout to unify research authoring and AI distribution

Capital markets technology provider BlueMatrix has finalized its acquisition of Aiera to merge research creation, governance, and artificial intelligence distribution into a unified platform. Backed by Thoma Bravo, the transaction aims to bridge institutional content authoring with secure downstream AI queries.

Vizrt consolidates market position through acquisition of Chyron

Vizrt consolidates market position through acquisition of Chyron

Vizrt has finalized its acquisition of broadcast graphics pioneer Chyron, aiming to expand its presence across US markets, regional networks, and sports production sectors while integrating advanced artificial intelligence workflows.

Transportation News

CHINA; OMAN

Oman Investment Authority ties Chinese capital to local industry in record agreement package

Oman Investment Authority has signed its largest single-day package of agreements with Chinese institutions, committing billions of dollars across funds, power storage, mining, logistics, digital infrastructure and space. Most projects are domiciled in Oman, shifting the bilateral relationship from trade toward industrial localisation and technology transfer.

CYPRUS; NORWAY

SED Energy Holdings subsidiary secures six-month OBN source contract in West Africa

SeaBird Exploration, a subsidiary of SED Energy Holdings Plc (ENERGY HOLDINGS), has secured a six-month ocean bottom node (OBN) seismic source contract in West Africa. Mobilization of the seismic vessel Fulmar Explorer is scheduled to begin in December 2026, extending fleet utilization well into 2027.

UNITED ARAB EMIRATES

ITC launches consultancy bids for ITS project studies, planning, design and supervision in the UAE

The Integrated Transport Centre has issued a procurement notice seeking consultancy services for Intelligent Transport Systems (ITS) project studies, planning, design, supervision and operational advisory in the United Arab Emirates. The assignment is intended to support transport infrastructure development, improve mobility planning and strengthen the delivery of technology-driven transportation solutions.

SWEDEN

Peab secures SEK 2.2 billion alliance contract for E22 Söderköping bypass

Peab has secured a SEK 2.2 billion contract from the Swedish Transport Administration to deliver the E22 Söderköping Bypass in Sweden. The project introduces the country's first alliance contract in the civil engineering sector, bringing the client, contractor and engineering consultant together under a shared delivery structure.

INDIA

MoPSW unveils 5.6 billion rupees maritime development package at VPA

The Ministry of Ports, Shipping and Waterways (MoPSW) has inaugurated a 190 million Indian rupees waterfront promenade and laid foundation stones for four infrastructure projects at the Visakhapatnam Port Authority (VPA). The 5.6 billion Indian rupees development package includes terminal mechanization contracts worth 5.8 billion Indian rupees and a sewage treatment plant expansion.

INDIA

Union Cabinet approves 8.449 km Aqua Line Metro extension from Noida Sector-51 to Greater Noida Sector-04

The Union Cabinet has approved the 8.449-kilometer extension of the Noida Metro Aqua Line from Noida Sector-51 to Greater Noida Sector-04, incorporating five elevated stations. The project expands the urban rail network to 71.878 kilometers, enhancing transit connectivity across key commercial, residential, IT, and healthcare zones in Uttar Pradesh.

NORWAY

DOF secures 110 million dollar subsea vessel contract and extends CSV Skandi Constructor through 2028

DOF Group ASA (DOF) has secured a seven-year charter contract for a construction support vessel (CSV) and remotely operated vehicle (ROV) services, adding 110 million US dollars to its order backlog. Additionally, a client exercised an extension option for the CSV Skandi Constructor through April 2028, valued between 25 million and 50 million US dollars.

QATAR; UNITED ARAB EMIRATES

Lesha Bank finalizes phased divestment of six Airbus A380 jets to Emirates

Lesha Bank has struck an agreement to transfer six Airbus A380 widebody aircraft to Emirates, with the transaction slated for complete execution by April 2028. This deal solidifies the carrier's long-term fleet positioning while demonstrating the financial institution's expanding aviation asset capabilities.

INDIA

Ministry of Railways commissions Nandyal-Gazulapalli double-line section under INR 43.06 billion Guntur-Guntakal project

The Ministry of Railways has commissioned a 15.121-kilometer double-line section between Nandyal and Gazulapalli as part of the Guntur-Guntakal Doubling and Electrification Project. Authorized for operations at 100 kilometers per hour, the infrastructure upgrade aims to eliminate freight bottlenecks and enhance connectivity between the Rayalaseema region and eastern rail corridors.

NORWAY

H2SITE awards PowerCell SEK 15 million for maritime ammonia-to-power project in Norway

PowerCell has secured a SEK 15 million order from H2SITE to provide marine fuel cell systems and engineering services for an Enova-supported ammonia-to-power maritime initiative in Norway. The venture aims to validate a 700 kW modular power solution for commercial vessels by early 2028.

CANADA; SWEDEN; UNITED STATES OF AMERICA

TagMaster expands North American footprint with SEK 195 million acquisition of Kapsch TrafficCom unit

TagMaster has agreed to acquire Kapsch TrafficCom's North American RFID components division through its subsidiary Sensys Networks for SEK 195 million. The strategic transaction more than doubles the buyer's regional revenue, establishes a dominant supply position across major electronic toll collection networks, and is slated for completion in early 2027.

INDIA

North Eastern Council disburses ₹795.3 million to accelerate Northeast India infrastructure and regional trade

The North Eastern Council disbursed ₹795.3 million across India's northeastern states in October, prioritizing Meghalaya's transportation corridors. The funding targets critical logistical gaps, organic agriculture, and regional trade infrastructure to strengthen market access and economic growth.

INDIA

L&T secures metro transit contract from Noida authority

Engineering conglomerate Larsen & Toubro (L&T) has secured a contract from the Noida Metro Rail Corporation (NMRC) to execute design and construction works for a major urban transit expansion initiative, targeting improved regional connectivity through an extended elevated rail corridor.

UNITED STATES OF AMERICA

ALDOT awards 22.07 million dollar bridge contract to Scott Bridge for Coosa River project

The Alabama Department of Transportation (ALDOT) has awarded a 22.07 million US dollar contract to Scott Bridge Company to construct a new northbound bridge on SR-77 over the Coosa River. The infrastructure project replaces the historical Gilbert's Ferry Bridge to enhance regional traffic capacity.

INDIA

Ashoka Buildcon secures contract for NHAI project

Ashoka Buildcon has secured a contract valued at INR 8.66 billion from the National Highways Authority of India (NHAI). The agreement focuses on the construction of an expressway section in Gujarat over an eighteen-month execution window.

SAUDI ARABIA

SYSTRA wins Project Management and Construction Management contract for Riyadh Metro's Red Line Extension

SYSTRA, as part of the Riyadh Metro Transit Consultants (RMTC) Joint Venture led by Parsons and including Egis, has been awarded the PMCM consultancy contract for the extension of Riyadh Metro's Red Line by the Royal Commission for Riyadh City (RCRC). The project adds 5.4 km and 8 stations - over 85% underground via twin-tube bored tunnels, connecting Diriyah and King Saud University to the broader network.

HONDURAS

IDB approves 101.68 million dollar financing to modernize road infrastructure in Honduras

The Inter-American Development Bank (IDB) has greenlit 101.68 million dollars in funding to upgrade northwestern Honduras' transportation networks, aimed at lowering logistical expenses and linking agricultural centers with major trade corridors.

INDIA

AJR Infra & Tolling acquires Rajahmundry Expressway to consolidate tax litigation management

AJR Infra & Tolling has agreed to acquire a 100 percent equity stake in Rajahmundry Expressway for INR 41.7 million. The strategic transaction aims to streamline legal oversight over long-standing tax disputes and drive administrative relocation.

UNITED STATES OF AMERICA

USDOT channels 7.37 million to Albany for proactive crash prevention infrastructure

Federal authorities allocated 7.37 million to the City of Albany for targeted roadway safety improvements. The 9.21 million total investment will finance roundabout construction and corridor upgrades, addressing historical fatality data while signaling expanded procurement pipelines for civil engineering and traffic management technology providers operating across regional municipal transit networks.

NEW ZEALAND

ACCIONA selects Jacobs for New Zealand highway engineering project

ACCIONA has appointed Jacobs to deliver multidisciplinary engineering and design services for the major Warkworth to Te Hana highway development in New Zealand, an initiative valued at approximately USD 2.1 billion.

Regional Desks

Industry & Manufacturing News

China; Oman

Oman Investment Authority ties Chinese capital to local industry in record agreement package

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United States of America

Oklo secures long-term HALEU supply to advance its 1.2 GW Ohio nuclear power campus

Read News →

India

Aeroflex Neu acquires majority stake in Aerolex Cables to scale AI infrastructure solutions

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India

Welspun Corp restructures subsidiary stake to form joint venture with Perma-Pipe Qatar

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Canada

OMM signs binding letter of intent with HMI for 50% joint venture in Wingdam Placer Project

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India

Kundan Minerals and Metals pours Rs. 270.9 million into Kundan Gold Mines via rights issue

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India

GAIL and KRIBHCO assess 1.27 MMTPA urea manufacturing project in Andhra Pradesh

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India

Time Technoplast doubles composite cylinder supply order for state oil utility to INR 762.8 million

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Canada

Gold X2 expands Ontario land package through Bold Ventures property transaction

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India

HFCL secures INR 8.34 billion international OFC supply contract

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Chile; India

Adani and Codelco forge partnership for mineral exploration in Chile

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India

TACC partners with international cell manufacturer for synthetic anode supply

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Sweden

Momentum Group expands industrial automation capabilities through Etab acquisition of Logicsystem

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Ecuador

ATY secures Ecuador exploitation permit for La Plata gold and copper mine project

Read News →

India

TACC secures Rs 6.09 billion incentive for Dewas synthetic graphite facility under ECMS

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Canada; United States of America

IsoEnergy expands stake in Premier American Uranium following share swap

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Australia; Canada

NVRO Metals secures C$35 million in strategic funding to advance Australian processing hub and secure offtake agreements

Read News →

United Kingdom

Mars allocates 161 million GBP to modernize United Kingdom pet nutrition manufacturing with sustainable packaging technology

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United States of America

Honda commits USD 3 billion to Ohio production expansion and hybrid manufacturing network

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Canada

Honda Motor Company allocates CAD 867 million to scale up North American hybrid manufacturing

Read News →

Projects

Oman Investment Authority ties Chinese capital to local industry in record agreement package
Business & Corporate

Oman Investment Authority ties Chinese capital to local industry in record agreement package

Oman Investment Authority has signed its largest single-day package of agreements with Chinese institutions, committing billions of dollars across funds, power storage, mining, logistics, digital infrastructure and space. Most projects are domiciled in Oman, shifting the bilateral relationship from trade toward industrial localisation and technology transfer.

Read News →
JBIC raises financing ceiling to USD 283 million for US crude oil export infrastructure
Business & Corporate

JBIC raises financing ceiling to USD 283 million for US crude oil export infrastructure

Japan Bank for International Cooperation (JBIC) has increased its financing commitment to Japan Invest 2 LLC to approximately USD 283 million for a US crude oil transportation and export infrastructure project. The revised facility, supported by private-sector co-financing, brings the total financing package to approximately USD 850 million.

Read News →
Hyundai Engineering deepens Texas solar exposure with second OCI Energy project acquisition
Energy & Power

Hyundai Engineering deepens Texas solar exposure with second OCI Energy project acquisition

Hyundai Engineering has bought the 327 MWdc Project Clairemont solar development in Kent County, Texas, from OCI Energy, its second acquisition from the developer after Project Hillsboro in 2024. Construction is due to start in the third quarter of 2027 and finish in 2029.

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Federal funds secure 12 million dollars for Fort Smith water infrastructure updates
Business & Corporate

Federal funds secure 12 million dollars for Fort Smith water infrastructure updates

The U.S. Environmental Protection Agency (EPA) announced a 12 million dollar federal funding allocation for water infrastructure enhancements in Fort Smith, Arkansas. The investment targets aging transmission systems by installing a major raw water pipeline to safeguard municipal supply reliability.

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AIIB provides USD300 Million package to Türk Eximbank for climate and economic resilience
Business & Corporate

AIIB provides USD300 Million package to Türk Eximbank for climate and economic resilience

Asian Infrastructure Investment Bank (AIIB) has issued a USD300 million dual-loan financing package to Türkiye İhracat Kredi Bankası (Türk Eximbank) to advance regional green energy initiatives and offer critical corporate liquidity.

Read News →
EIB commits EUR 70 million to Altum for Latvian residential energy upgrades
Business & Corporate

EIB commits EUR 70 million to Altum for Latvian residential energy upgrades

The European Investment Bank (EIB) has extended a EUR 70 million loan to Latvian development finance institution Altum. The funding targets energy-efficiency retrofits across multi-apartment residential buildings to reduce heating costs, cut greenhouse gas emissions and modernize aging housing stock.

Read News →
ADB commits $208.3 million for green leasing and micro-enterprise financing in Türkiye
Business & Corporate

ADB commits $208.3 million for green leasing and micro-enterprise financing in Türkiye

The Asian Development Bank (ADB) has finalized $208.3 million in private sector financing agreements in Türkiye to support micro and small enterprises, enhance green leasing initiatives and facilitate international trade operations.

Read News →
ADB and Republic of Korea launch fund for artificial intelligence deployment
Business & Corporate

ADB and Republic of Korea launch fund for artificial intelligence deployment

The Asian Development Bank (ADB) and the Republic of Korea have launched a $20 million trust fund to accelerate artificial intelligence adoption across developing economies in Asia and the Pacific, targeting critical sectors like health care and agriculture.

Read News →
STEG secures EUR 50 million funding package for energy storage expansion in Tunisia
Business & Corporate

STEG secures EUR 50 million funding package for energy storage expansion in Tunisia

Tunisia's national utility has secured a EUR 50 million financing package to deploy the nation's inaugural utility-scale battery energy storage system. The initiative aims to stabilize grid performance, integrate rising solar capacities, and diversify the country's energy mix.

Read News →
Odisha approves 6.25 billion rupees ISS water conservation projects across four major rivers
Environment

Odisha approves 6.25 billion rupees ISS water conservation projects across four major rivers

The Government of Odisha has granted administrative approval for five in-stream storage structure (ISS) projects valued at 6.25 billion Indian rupees across four major rivers. Spanning five districts, the infrastructure initiative aims to enhance groundwater recharge, irrigation capacity, and climate resilience for approximately 72,000 residents across 74 villages.

Read News →
Just In
6 hours ago Oman Investment Authority ties Chinese capital to local industry in record agreement package 6 hours ago JBIC raises financing ceiling to USD 283 million for US crude oil export infrastructure 6 hours ago BAE Systems wins 138 million USD Navy award to sustain Virginia-class propulsor output through 2032 7 hours ago Hyundai Engineering deepens Texas solar exposure with second OCI Energy project acquisition