GulfNav seals its long-pending AED 3.2 bn play for Brooge
The acquisition puts GulfNav on course for a projected paid-up capital of about AED 3.5 bn
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The acquisition puts GulfNav on course for a projected paid-up capital of about AED 3.5 bn
The sale generated a 17% total shareholder return for AD Ports over three years
PLUS: Port equipment and trade updates from Egypt
The USD 4 bn agreement comes as part of a larger push to decarbonize the steel-maker’s operation
PLUS: Gulf Navigation’s chairman steps down
What we’re tracking this morning regionally and around the world
PLUS: Maritime, roads, cargo, and digitization updates from across the region
PLUS: Turkey mulls imposing anti-dumping duties on textile imports from Egypt and the UAE
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