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DP World is one of seven firms handling over 40% of the world’s container traffic
Seven major firms manage over 40% of global port throughput.
AD Ports, Egytrans, and Milaha post 2Q earnings
It’s an up and down dance for the region’s shipping and port players
Maritime, zones and aviation updates from Oman, Saudi Arabia, and the UAE
Stories on our radar this morning from around the region
Adnoc Gas reports strong growth in 2Q 2024, expects robust demand for gas until 2040
The company’s revenues topped USD 6 bn for the third consecutive quarter
Rail, investment and transport updates from Iran and the UAE
Stories on our radar this morning from around the region
A flurry of 2Q earnings from the UAE
Etihad Airways, Aramex, Abu Dhabi Aviation and Adnoc Distribution have all posted their 2Q earnings
Sidara subsidiary Dar commissioned to design Ethiopia’s new USD 6 bn airport
The project is slated for completion in 2029 and aims to be Africa’s largest airport
Egypt and UAE ink three project agreements worth USD bns of investments
The agreements include a USD 3 bn oil logistics zone
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