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MENA-India signs off, but the corridor coverage continues
What five months of war revealed | Will the corridor keep absorbing repeated disruption? | Thank you for reading
Monday, 27 July 2026
Signing off
After over a year of Monday, Wednesday, Friday coverage of the corridor between India and the Gulf, the standalone MENA-India newsletter you’re reading now ends today, but that doesn’t mean the corridor beat is disappearing.
Today at a glance
India Focus
Investment Watch
The Big Story
India to receive 1 mpta of urea from Omifco till 2031
OQ Trading will supply 50% of the urea produced by…
IPOs
Adia-anchored SBI Funds becomes fourth-most-subscribed IPO
Institutional investors drove the demand with their portion getting subscribed 140 times
INDUSTRIES
Automotive
India’s auto export engine runs into Gulf route risk
India’s passenger vehicle exports entered FY 2027 on a strong…
Aviation
Aditya Birla Group company will acquire Shell-owned Sprng for USD 1.8 bn
Plus: Akasa Air seeks liquidity injection to navigate Iran war…
Banking
THIS AFTERNOON: International banks join FX deposit race as INR nears another record low
Plus: Adani case shouldn’t have been America’s fight, says DoJ
Construction
India’s Rites forms JV with UAE-based NICC Infrastructure Construction
Plus: Likhitha Infra secures USD 54 mn Adnoc-linked pipeline order…
Energy
What five months of Iran war revealed about the India-Gulf corridor
Five months, two Hormuz closures, and one architecture that mostly…
Financial Services
After the Iran war, Indian banks apply 'tighter filters' before approving Gulf lending
Big names like L&T are insulated, but mid-sized contractors and…
Startups
Instant home services boom lifts Pronto’s valuation
The company is betting on speed-led, low-ticket services to build…
POLICY
India's new FTAs face deficit test and low utilization rates, says GTRI
India’s trade push is expanding through the UAE and Oman…
India's new FTAs face deficit test and low utilization rates, says GTRI
India’s trade push is expanding through the UAE and Oman CEPAs, but GTRI warns that newer FTAs are facing a trade deficit…