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HCMLT to acquire 10% of ethane gas importer Alexandria for Supply Chain
Alexandria for Supply Chain aims to import 1.1 mn tons of liquified ethane gas per year
Mubadala could get a 30% stake in Hong Kong-headquartered pallet pooling Loscam Int’l for a total of USD 566.6 mn
Loscam’s net income rose 4% y-o-y to RMB 477 mn in 2024
Ascom is looking to take over Raya Holding’s 90% stake in Ostool
The potential offer values Ostool’s shares at EGP 8.22 each
TODAY: Hormuz Strait closure looms + Roads and debt updates from Oman
What we’re tracking this morning regionally and around the world
NMDC LTS seals Emdad’s acquisition
Emdad booked more than AED 600 mn in revenues last year
ICD sells back 25% stake in CAI for CAAP shares
ICD secured 1.9 mn shares of CAAP in the share swap transaction
GulfNav is the new owner of Nasdaq-listed Brooge Energy
The transaction is expected to tick off regulatory approvals before the end of 3Q.
TODAY: Turkcell secures data centers backing + Updates on Al Khaldi Logistics Nomu IPO
What we’re tracking this morning regionally and around the world
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