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Harika Enjamuri

11th Dec · SEBI-Registered Analyst

Cyient Strengthens Middle East Footprint with Strategic ADGCE Acquisition

CYIENT
has taken a significant step to grow its presence in the Middle East by acquiring Abu Dhabi & Gulf Computer Est. (ADGCE), a technology consulting and digital services firm focused on the energy sector, reinforcing its ability to deliver digital transformation, IoT-enabled solutions, data-driven asset management and field engineering services for regional clients across energy, utilities, transportation and connectivity; this expansion aligns with major national development agendas like Saudi Vision 2030 and UAE Vision 2031 and positions Cyient to collaborate more closely with governments, utilities, transport operators, telecom providers and private enterprises as the region plans more than USD 200 billion of energy investments, while also creating broader opportunities in utilities modernization, smart transport, advanced manufacturing and public-sector digitalization. Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.

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