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Japan’s Itochu takes stake in Abu Dhabi-based Sirius Aviation
Itochu joins existing shareholder Abu Dhabi Catalyst Partners, the investment platform backed by Mubadala Capital and Alpha Wave Global
TODAY: Full steam ahead
What we’re tracking this morning regionally and around the world
ALCN sells Egypt Marine Ports stake to state parent
The related-party transaction covers 182.7 mn shares for a total consideration of USD 20.28 mn
Asyad secures a strategic foothold in Uzbekistan’s logistics network
The Omani group is getting access to rail, road, warehousing, customs clearance, and last-mile capacity from inside the market
Ascom board approves fair value study to buy 90% of Raya’s Ostool
This is Raya’s third attempt to exit the logistics unit after a 2022 agreement with Paradigm Logistics collapsed and a…
AD Ports heads deeper into Europe with EUR 70 mn MBS Logistics acquisition
The transaction is expected to close before the end of the year
Beltone VC, Citadel exit Bosta at 75% IRR
Belton has booked five exits since its 2023 launch
Oman builds national bunkering player with O Bunkering-Marafi merger
The merger comes as Oman targets higher output from transport and storage
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