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TODAY: Adnoc wraps sale of 4% stake of Adnoc Gas + Qatar gets new oil and gas logistics hub
What we’re tracking this morning regionally and around the world
Oman’s USD 300 mn Salalah port expansion is complete
The expansion has boosted container handling capacity by 2 mn TEUs to 6.5 mn TEUs at the port
TODAY: Oman’s Asyad Shipping IPO gets anchor investors, price range + UAE’s NMDC to invest in India’s mega port development
What we’re tracking this morning regionally and around the world
Shipping sector emissions levy proposal faces opposition ahead of UN April vote
The opposition bloc argues that the levy could harm developing nations’ exports, drive up food prices, and deepen global inequalities
PIF to up its investment in KSA’s logistics and transport sector by 60% in 2025
The fund is specifically eyeing up potential investment options in the maritime transport, ports management and operations and logistics sectors
Updates on trade, maritime, aviation, and customs from Oman, KSA, UAE, and Egypt
Stories on our radar this morning from around the region
A flurry of FY 2024 earnings reports from UAE logistics players
Earnings reports from Adnoc L&S, Aramex, and NMDC largely showcase solid performances for FY2024.
TODAY: A bucketful of data center investments from Saudi and UAE + EBRD backs Morocco’s rail green bond issuance
What we’re tracking this morning regionally and around the world
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