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TODAY: DAE mulls selling its stake in Joramco + KSA’s Red Sea Gateway Terminal lands in Djibouti
What we’re tracking this morning regionally and around the world
Sace considers USD 3 bn in additional backing for PIF
The Italian state export credit agency recently provided EUR 3 bn in loan.guarantees to PIF
Egypt + EU ink EUR 90 mn agreement to bolster grain storage and logistics infrastructure
The money will come from the European Investment Bank, along with an additional EUR 100 mn from the EU and…
Flynas clinches SAR 495 mn loan for three Airbus A320neos
The company plans on adding 100 aircraft to its fleet by 2030
EgyptAir secures EGP 20 bn from Egypt’s Finance Ministry for fleet expansion
Egypt Air plans on increasing its air fleet to 125 aircrafts over the next 5 years, compared to their current…
Qatar’s Meeza secures QAR 135 mn for data center expansion
The 4 MW expansion aims to meet increasing demand for AI, high-performance computing, cloud services, and data security solutions
KSA’s Bahri secures USD 800 mn Murabaha credit facility
The funding aims to support the company’s financial position and will go to its working capital and CAPEX requirements
Bahrain Airport Company secures funding for new Express Cargo Village
The project looks to bolster BIA’s logistics handling capabilities and is forecasted to process some 1.3 mn tons of cargo…
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