Skip to content
Back to Guavy Wire
Commodities

Engineers India Sees Opportunity in Middle East Infrastructure Projects

Instruments
Oil
Share

Engineers India Ltd is exploring business opportunities in the Middle East as a result of the ongoing conflict in the Strait of Hormuz. The state-run engineering and consultancy company has been discussing potential infrastructure projects with clients in the UAE and Saudi Arabia, including oil pipelines, terminals, and marine facilities.

Chairman Atul Gupta stated that despite a slowdown in order inflows from the region, the conflict has created new opportunities for Engineers India. The company currently has an order book worth ₹170 billion ($1.77 billion) and expects it to grow as conditions improve in the Middle East.

The UAE is planning additional underground oil storage facilities in Fujairah, while Engineers India opened a Saudi Arabia office in February and already operates a branch in the UAE.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc