MENA <> India Corridor 
Egypt Edition 
UAE Edition 
Saudi Edition 
Logistics (MENA) 
Climate (MENA) 
War hits the region, risks for India
Plus: India and Canada set USD 50 bn bilateral trade target
Monday, 2 March 2026
Good afternoon, folks
It has been a nail-biting three days since we last landed in your inboxes, and we have a lot of ground to cover today on how the escalating conflict in the GCC region has impacted MENA-India trade, logistics, and business — and what’s to come.
Today at a glance
India Focus
Investment Watch
The Big Story
DP World to build inland logistics hub in Madhya Pradesh
DP World is extending its India footprint beyond ports into…
India reduces minimum public float to 2.5% in IPOs for large companies
Coca Cola’s India unit is planning a USD 1 bn listing
INDUSTRIES
Automotive
Zoho Corporation launches data centers in the UAE
Maruti expands footprint as India looks to become Suzuki’s next…
Aviation
Emirates SkyCargo adding two India freighters
EmiratesSkyCargo will deploy two additional weekly freighters to India starting…
Banking
Masdar withdraws take-private bid for India’s Renew, while Emirates NBD reportedly could drop plans to acquire another stake in an Indian bank
Masdar pulled the plug on the transaction without disclosing the…
Construction
L&T bags major orders in Saudi Arabia
With a surge in contracts, L&T continues to take on…
Energy
India’s crude purchases are gradually tilting back to Middle East
Indian refiners are locking in on MENA supply as US…
Financial Services
Saudi Re sets up Gift City base, cites India as key growth engine
The Saudi reinsurer brings India operations onshore at Gujarat International…
Startups
Iraq, Saudi reclaim India’s crude share amid sanctions
Plus: Air India flags USD 1.6 bn loss after crash…
POLICY
India’s export flows tilt toward GCC and Asia
Maersk to resume Middle East India Suez Canal
India plans nuclear-sector reset with potential USD 214 bn in investments
India is preparing a new space station, with aims to raise its global commercial space share from less than 2% to 8-10%…
