Savoye appoints Hakim Ramadan as Middle East GM

16 Apr 2026 CW Team

Savoye has appointed Hakim Ramadan as General Manager for the Middle East, as it accelerates expansion in the region’s growing logistics sector.

In his new role, Ramadan will lead regional operations and commercial strategy, focusing on scaling automation-led intralogistics solutions and strengthening customer partnerships across key sectors.

The appointment comes as the Middle East logistics market is projected to grow at a CAGR of 7.9 per cent through 2028, driven by e-commerce expansion, automation adoption and infrastructure investments.

Commenting on the development, Massimiliano Fochetti, Chief Sales Officer, Savoye, said, “The Middle East represents a key growth market… Hakim’s experience and regional understanding will help us deliver greater value and strengthen our leadership position.”

Hakim Ramadan added, “The region is seeing growing demand for more agile and efficient intralogistics operations… I look forward to supporting customers with high-impact solutions.”

Ramadan brings nearly three decades of experience across automation and intralogistics, having held leadership roles at Miebach Consulting, Jungheinrich and BITO Storage Systems.

The move reinforces Savoye’s strategy to expand its footprint in the Middle East, where it has been building its presence since 2021 through integrated automation and software-led logistics solutions.

Real Estate

20 May 2026

WSB Invests in Omaxe for Tier II Expansion

WSB Partners, a real estate-focused investment firm, has invested Rs 750 million in Omaxe Group to support residential plotted developments in Ujjain and Indore.The investment marks WSB’s entry into Tier II markets and reflects growing institutional interest in emerging cities supported by infrastructure growth, improving affordability and rising housing demand.According to the companies, the funding will be deployed primarily as growth capital, with a portion allocated towards working capital and reserves. The investment has been undertaken alongside affiliates of WSB Partners and co-invest..

RAHSTA Awards 2026 Opens for India’s Leading Road Developers

RAHSTA (Roads and Highways Sustainable Technologies & Advancement), Asia’s leading road infrastructure platform, has officially opened nominations for the RAHSTA Awards 2026 under the Road Developers category. The awards will honour companies and organisations that are shaping India’s highway infrastructure landscape through innovation, sustainability, quality execution and efficient asset management.Scheduled alongside RAHSTA 2026 on July 8–9, 2026 at the Jio World Convention Centre, Mumbai, the awards have emerged as one of the most respected recognitions for the roads and highways..

Railways To Sell 10 per cent In PSUs To Raise Rs Two Point Six Two tn

The railway ministry has outlined a plan to sell up to 10 per cent stakes in several public sector undertakings as part of a broader asset monetisation drive. The move is designed to unlock value and generate funds for capital expenditure and network modernisation. The programme targets private participation through offer for sale and minority stake divestments across operating and finance entities. The initiative follows previous asset recycling efforts and seeks to capture market interest for strategic holdings. The target for the exercise is Rs two point six two trillion (tn) to be realised..