Stories on our radar this morning from around the region
Author Archives: enterpriseam admin
China extends EU imports probe + India slated to impose up to 12% steel tariff
Stories on our radar this morning from around the world
AUGUST 25-29 August (Monday-Friday): Africa Procurement and Supply Chain Leaders’ Conference, Dubai, UAE 31 August (Sunday): GCC Forum for Green Mobility, Salalah, Oman. SEPTEMBER 1-2 September (Monday-Tuesday): Syria Recovery and Investment Forum, Manama, Bahrain 1-3 September (Monday-Wednesday): Transport Middle East 2025, Salalah, Oman. 3-4 September (Wednesday-Thursday): Sustainable Maritime Industry Conference, Jeddah, Saudi Arabia. 4-10 September […]
TODAY: PIF offloads its stake in FedEx + A flurry of global, regional earnings
What we’re tracking this morning regionally and around the world
PIF sells its stake in FedEx as part of US divestment push
Tariff-induced market volatility drove the PIF to divest these share, with the PIF’s US portfolio reaching USD 23.8 bn at the end of 2Q compared to USD 25.5 bn in 1Q
China’s Zhenhua on track for double its Adnoc crude supply after Bu Hasa takeover
Zhenhua Oil will handle Bu Hasa’s development plan, production, and cost targets after replacing TotalEnergies as asset leader
A flurry of 1H earnings from DP World, Air Arabia, and ADSB
DP World’s top line surged 20.4% to USD 11.2 bn for the same period, which management attributed to new logistics segment acquisitions and strong returns from the ports and terminals division.