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Adnoc L&S bookbuilding kicks off to massive investor demand
The company priced the IPO at a range between AED 1.99 and 2.01 a share
Agility posts bottomline growth on the back of new revenue streams
The company benefited from “booming” maritime sector growth and new acquisitions
Brazilian mining firm Vale eyes rail link between facilities in UAE + Oman. PLUS: News from Hexcel, Air Arabia, Wizz Arabia, Mahindra Logistics + Suez Canal Authority
RAIL- Oman and Etihad Rail Company and Brazilian mining firm Vale are looking into connecting Vale’s facilities in Oman and…
Aramex sees net income fall 49% y-o-y amid global headwinds
The company’s net income fell due to the normalization of shipping volumes, as well as inflationary pressures
CJ Logistics is building the first e-commerce logistics facility in Saudi
The facility will have the capacity to handle 15k boxes a day
The UAE strengthens trade ties with Thailand, Vietnam and Tajikistan. PLUS: Jordan, China + Qatar, Uzbekistan eye trade cooperation
CEPA on the horizon for UAE + Thailand: The UAE and Thailand have inked a preliminary agreement to launch negotiations…
GWC Energy to offer logistics services for energy projects + Khazna launches data center in Egypt. PLUS: New aviation routes from GCC airlines, and more news from AD Ports, FedEx Express
DATA CENTERS- UAE-based Khazna Data Centerswill expand into Egypt with the establishment of a USD 250 mn data center in…
AD Ports Group plans maritime fleet expansion to the tune of AED 955 mn
The purchases will serve its partnerships with Bangladeshi port operator Saif Powertec and maritime shipping firm KazMorTransFlot
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