Macrotech Developers reports 88% on-year growth in bookings in Q1

Eicher Bags Landmark Order of 1621 Buses and 42 HD Trucks from UPSRTC

Eicher Trucks & Buses, a division of VE Commercial Vehicles (VECV), has secured a significant order from UPSRTC for 1,621 buses and 42 heavy-duty trucks. The order includes 1,344 units of LMD Built-up Non-A/C Buses (Skyline Pro 3011 L and Skyline Pro 3010 L) for efficient passenger transport, 197 units of Eicher Pro 6016 12m AC Buses, 80 units of Eicher Pro 6016 CNG Bus Cowl Chassis, and 42 units of Eicher Pro 3019 Trucks for logistics and parts movement. This highlights Eicher Trucks and Buses commitment to providing reliable transportation solutions covering the entire operating requirement ..

Etihad Credit Insurance joins the KYC Blockchain Platform

Etihad Credit Insurance (ECI), the UAE Federal export credit company, joined the KYC Blockchain Platform, marking a first for the insurance sector. Led by the Dubai Department of Economy and Tourism (DET), the initiative aims to improve ease of doing business, company KYC compliance, and customer data quality and enable the KYC network’s future growth by leveraging it as a reliable customer data ecosystem. Her Excellency Raja Al Mazrouei, CEO of ECI, said: “We are pleased to be the first export credit agency to join the UAE’s KYC platform, which marks a remarkable milestone for us. This..

Slight Decline in Sales for LAPP

LAPP Group has not been spared from the weak global economy. However, it only recorded a slight decline in the past fiscal year 2024. The reason: the family-owned company was able to cushion declines in sales in its European home markets with large gains in Asia. Despite the difficult market environment, LAPP is sticking to its investment program. The global market leader for integrated solutions and branded products in the field of cable and connection technology generated sales of 1.82 billion euros in fiscal year 2024 (October 1 – September 30; fiscal year 2023: 1.92 billion euros). The ..