Juspay makes Middle East debut in DIFC

Bengaluru-based fintech firm Juspay launched a regional headquarters in Dubai International Financial Center (DIFC), according to a statement. The new base will help boost Juspay’s engagement with GCC-based institutions, with a focus on the region’s aviation, financial services, e-commerce, and hospitality sectors.

Juspay provides a unified, institutional-grade payment platform for companies such as Amazon, Google, and HSBC. It already operates in Europe, the Asia-Pacific region, Latin America, and the US. Juspay said the expansion is a long-term commitment to building a regulated, enterprise-grade payments infrastructure tailored to the Middle East’s fast-evolving digital economy.

Ashok Leyland to set up assembly plant in Saudi Arabia

Chennai-based auto manufacturer Ashok Leyland is ramping up its overseas push with a new assembly facility in Saudi Arabia and a strategic partnership in Indonesia to tap demand in emerging markets. The firm is setting up a Saudi assembly unit through its UAE arm, after its Ras Al Khaimah plant crossed full utilization, The Times of India reports. The Saudi plant will mainly cater to local demand, enabling the firm to cut costs, avoid customs duties, and open doors for government procurement.

  • India-based infrastructure developer Ashoka Buildcon and Saudi construction firm BEC Arabia secured a USD 192 mn contract to construct the One Hotel project in Diriyah, MEP Middle East reports.
  • India-based renewables firm KPI Green Energy landed a contract to supply, install, and commission a solar-plus-battery system for a containerized data center in the UAE, Meed reports.
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