The Continental Hotel is getting Taj branding

Indian luxury hotel brand Taj Hotels will refurbish and manage the historic Continental Hotel in downtown Cairo, according to a statement. The project, which will see Tata Group cooperate with state-owned Egyptian General Company for Tourism and Hotels, kicked off in 2Q 2025. The agreement marks Taj Hotels’ entry into the Egyptian market.

Background: We first heard in 2023 that Egypt’s government was planning a tender for a private partner to refurbish the Continental Hotel, a project that had stalled until this year. The project is part of the government’s push to repurpose historic buildings in Downtown Cairo into commercial spaces and hotels.

Tata Electronics partners with Rohm to manufacture semiconductors

TataElectronics is partnering with Japan’s Rohm to manufacture semiconductors in India, The Hindu Businessline reports. The collaboration will initially focus on power semiconductors, with Tata Group set to assemble and test Rohm’s India-designed, automotive-grade semiconductors at its upcoming assembly and test facilities. Mass production is slated to begin by next year.

The partners will also explore co-developing high-value packaging technologies and jointly market products manufactured in India for domestic and export markets.

Larsen & Toubro secures a major order for BPCL

Mumbai-based Larsen & Toubro has secured a “major” order from Bharat Petroleum Corporation (BPCL), valued at up to INR 100 bn, according to a company exchange filing. L&T is a major engineering and construction player in the Middle East, executing major projects including in Saudi Arabia’s Neom city. The contract covers engineering, procurement, construction, and commissioning of polyethylene units at BPCL’s refinery in Madhya Pradesh.

  • Steel and mining giant ArcelorMittal is investing USD 900 mn to develop three new solar and wind projects in India with a combined capacity of 1 GW. This move will double the company’s renewable energy capacity in India to 2 GW and push its global green power footprint to 3.3 GW, according to a press release.
Tags: