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L’imad moves for full control of AD Ports as capital needs rise
ADQ still needs to clear regulatory approvals and conduct due diligence before it can issue a formal offer
TODAY: L’imad moves for full control of AD Ports + A.P. Moller Capital takes over Morocco’s Globex Investissement
What we’re tracking this morning regionally and around the world
Hormuz disruption boosts AD Ports’ net income, hits DP World’s
AD Ports posted a boost in 2Q, while DP World saw its net income dip
XRG takes a stake in Venezuela’s offshore Loran gas field in BP-led agreement
The acquisition brings Gulf capital to Venezuela’s energy sector for the first time
TODAY: XRG’s buying spree reaches Venezuela + Mubadala’s getting bids for Porto Sudeste
What we’re tracking this morning regionally and around the world
Higher revenue, lower net income for Talabat in 2Q
Talabat now expects full-year 2026 revenue growth of 16-18%
TODAY: What will the new operating reality for Hormuz look like?
What we’re tracking this morning regionally and around the world
A second Hormuz shock is hitting Gulf fertilizer producers with empty buffers
Weak vessel returns, shrinking storage, and risk across both Hormuz and the Red Sea are pushing the Gulf fertilizer crisis…
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