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AD Ports exits NMDC with AED 1.6 bn sale to Alpha Dhabi
The sale generated a 17% total shareholder return for AD Ports over three years
TODAY: AD Ports sells NMDC stake, GulfNav seals acquisition of Brooge’s assets
What we’re tracking this morning regionally and around the world
Indu Kishore Logistics lands e-commerce facility in Dubai South
PLUS: Port equipment and trade updates from Egypt
Egypt to funnel USD 1 bn into Suez Canal bunkering stations
The move aims to reshape the toll-based nature of the Suez Canal into a logistics services powerhouse
TODAY: Modon locks in SAR 8.8 bn in logistics pacts. PLUS: Emsteel, Adnoc bound for 20-year natgas agreement
What we’re tracking this morning regionally and around the world
Abyat launches its SAR 100 mn logistics center at King Abdulaziz Port
The center includes an integrated customs-bonded zone that covers 40k sqm
Oman’s Sohar Freezone secures USD 220 mn financing for expansions
The funds will back Sohar’s expansion of its port’s southern area, including Marsa LNG, and the second phase of the…
TODAY: Sohar taps local banks for phase two of port, zone expansions
What we’re tracking this morning regionally and around the world
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