UAE

Samvardhana Motherson International approves logistics joint venture with Hellmann in Dubai

Samvardhana Motherson International Limited on 19 March 2026 approved the execution of a joint venture agreement with Hellmann Worldwide Logistics (MESA) Holding Limited to establish a new logistics entity in Dubai, United Arab Emirates. The partnership is aimed at providing integrated supply chain services to the automotive sector and expanding logistics capabilities across global markets. […]

Rama Steel Tubes to Acquire UAE-based Automech Group in AED 296 Million Deal

Rama Steel Tubes Limited, a manufacturer of ERW steel pipes and tubes, has announced plans to acquire Automech Group, a UAE-based engineering and high-precision manufacturing company, for a total consideration of AED 296 million. The acquisition is intended to accelerate the company’s entry into fabrication and specialised engineering segments, expanding its presence across Gulf Cooperation […]