KLA Corporation scales India ops

US-based semiconductor tech firm KLA Corporationhas opened an INR 3 bn (USD 33.3 mn) R&D and Innovation Hub in Chennai, Hindu Businessline reports. The facility integrates 1.3k employees into global programs focused on high-end AI and software-driven process control to design high-end chips.

Why this matters: With Micron’s USD 2.75 bn pledge in Gujarat and HCL-Foxconn’s commitments, KLA’s expansion confirms that the upstream (process control and software) is now anchored in India. For MENA allocators, this suggests that India can provide the essential technical scaffolding for the UAE and Saudi Arabia's own domestic silicon ambitions.

BCD Global sets up Dubai HQ in first Middle East expansion

Delhi-based real estate group BCD Global has established its regional headquarters in Dubai, marking its entry in the MENA region, according to a press release. The Emirates’ regulatory environment, economic stability, and access to deep international capital pools were the main draws for Dubai to serve as the realtor’s regional base.

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