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TODAY: Jahez finalizes Snoonu acquisition + SAL locks in land for SAR 4.2 bn logistics zone
What we’re tracking this morning regionally and around the world
Updates on all things logistics from UAE, Syria, Oman, and Turkey
Stories on our radar this morning from around the region
Lunate + Blackstone set up GCC-focused USD 5 bn logistics platform
The new platform, Glide, will invest in Grade A logistics assets across the GCC
TODAY: Lunate, Blackstone team up on GCC logistics portfolio
What we’re tracking this morning regionally and around the world
Ports and rail updates from UAE, Oman, and Jordan
Stories on our radar this morning from around the region
How KSA, UAE, and Egypt’s non-oil private sector fared in September
The two Gulf countries saw their non-oil private sectors’ growth accelerate, while Egypt’s sector dipped further into contraction territory
UK court backs DP World’s USD 685 mn payout from Djibouti
The London arbitration court has ruled that the government of Djibouti acted illegally in its seizure of the Doraleh Container…
NextSource to build battery anode plant in Abu Dhabi
The project carries a total capex of USD 291 mn, with forecasts putting annual revenue at USD 195 mn
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