Infrastructure 
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Egypt’s House of Representatives approves two projects to expand East Port Said port
The two bills will see some USD 565 poured into expansions at the port
SAL Saudi Logistics Services to IPO 30% stake
The company has been planning an IPO since 2021
DP World to help double capacity at Indonesia’s Belawan New Container Terminal
The agreement will see DP World expand the terminal “in the long term” to 1.4 mn TEUs, up from 600k…
AD Ports Group inks 50-year agreement to operate and develop terminal at Karachi Port
Developments will include deepening of berths, quay wall extensions, and increased container storage area
Egypt to IPO Suez Canal company on the EGX
This is the second Suez Canal IPO announcement this month
AD Ports inks USD 500 mn agreement to operate a port terminal in the Congo
The agreement will see DP World pump some USD 500 mn in investments into digitizing and improving terminal operations
Oman’s Wakud to establish plant in Khazaen Economic City for biofuel production
The plant could expand by 2025 to produce sustainable aviation fuels
SCZone lines up 20% IPO of Port Said Terminal Operator
The offering has been in the pipeline for six months
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