Browsing Tag
Middle East
119 posts
L&T (NSE: LT) signs another Rs 15,000cr-plus Middle East gas compression contract
The exact contract value is undisclosed, but L&T classifies it as “ultra-mega,” meaning more than ₹15,000 crore and at least 1.9% of its June order book.
Why L&T’s new 6GWh battery award points to a 1.5GW Middle East storage build
Larsen & Toubro has won a major Middle East EPC order for three four-hour battery projects totalling 6 GWh, implying about 1.5 GW of aggregate discharge capacity.
Saipem wins $1.8bn Middle East offshore EPCI contract as backlog stays near €30bn
Saipem has secured a $1.8 billion Middle East offshore EPCI contract covering offshore and subsea infrastructure, adding a major award to a backlog already approaching €30 billion.
Tufton Assets (LSE: SHIP) lifts dividend target after 14.7% NAV surge as shipping disruption drives charter rates higher
Tufton Assets is lifting its annual dividend target after a 14.7% quarterly NAV return, as stronger charter rates and vessel values boost shipping economics.
Next plc (LSE: NXT) holds near record as ÂŁ1.24bn profit guidance rises again
Next raised profit guidance to ÂŁ1.24bn after a Q2 sales beat. September results will test whether NXT can justify its near-record valuation.
Next plc (LSE: NXT) raises profit outlook to ÂŁ1.24bn as overseas online sales surge 36.9%
Next plc has upgraded its annual profit forecast for the third time in 2026 after international sales, warm weather and profitable marketing drove a substantial second-quarter beat. Its record share price now creates a new capital-return and valuation challenge.
Clarkson (LSE: CKN) shares surge 15% as record ÂŁ61.5m H1 profit lifts 2026 outlook
Clarkson PLC has delivered its strongest first-half performance as disruption around the Strait of Hormuz drove chartering rates higher and increased demand for specialist shipping advice. The earnings upgrade demonstrates the operational leverage in its broking platform, although investors must distinguish lasting market-share gains from conflict-driven volatility that could eventually normalise.
Helios Towers (LSE: HTWS) upgrades guidance again as tenancy growth accelerates
Helios Towers has raised its 2026 earnings and cash-flow forecasts after record tenancy growth, while its first dividend signals a shift towards more balanced shareholder returns.
Viva Energy (ASX: VEA) 1H26: EBITDA jumps to A$780m as Geelong refining margins surge
Viva Energy's 1H26 EBITDA leaps to A$770-780m as Geelong margins hit US$21.1/bbl, but management flags fading 2H26 hedging tailwinds and refinery risk.
Why Trump’s Pickaxe Mountain threat could widen the Iran nuclear war
Trump’s Pickaxe Mountain threat raises risks over Iran’s nuclear program, regional escalation, uranium stockpiles and U.S. war aims.