Infrastructure 
MENA+ Edition 
Egypt Edition 
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AI + Innovation (MENA) 
Cargo, supply chains, freight forwarding, and trade updates from the UAE, Egypt, Iraq, KSA and Iran
Stories on our radar this morning from around the region
Befar breaks ground on Egypt’s first green chemical plant in Ain Sokhna’s Teda-Egypt Trade Zone
The project’s USD 300 mn first phase will be completed within 18 months
TODAY: Egypt’s Teda Trade Zone gets new chemicals plant + Noatum adds 152 trucks to its fleet
What we’re tracking this morning regionally and around the world
TODAY: Menzies acquires US’ G2 + dnata is investing USD 110 mn into three global projects
What we’re tracking this morning regionally and around the world
Egypt’s ENR inks three long-term modernization, maintenance, and supply contracts with Progress Rail
The move will extend the operational life of the locomotives and look to reduce their oil consumption by some 50%
Mubadala Energy acquires stake in SoTex, enters US market
PLUS: CMA CGM secures 35% stake in an Egypt dry port + Ajman Bank downsizes its stake in GulfNav
Audit finds breaches in CK Hutchinson’s concession, Africa to get a Nvidia built USD 720 mn AI factory,
Stories on our radar this morning from around the world
Could cold storage be the future of Egypt’s storage industry?
Fewer competitors allow cold storage lessors to charge suitable rent premiums
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