UAE and India partner with Sri Lanka on energy hub, storage project
The project will include a multi-product pipeline and the potential redeployment of WWII-era oil storage tanks
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The project will include a multi-product pipeline and the potential redeployment of WWII-era oil storage tanks
The project will construct access and exit points to Dubai Islands from the Bur Dubai side
The acquisitions covered logistics areas, such as data centers, aviation, and freight forwarding
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Moro Hub will provide comprehensive co-location services, including power, cooling, equipment, and rack space
USD 1.4 bn in proceeds will be used for debt reduction, and will be reflected in 1Q financials
The transaction will see Matthias Dischinger assume the role of CEO
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