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Advanced Media to use DHL’s GoGreen Plus program
Stories on our radar this morning from around the region
Businesses in freezones can now more easily expand into mainland Dubai
A new resolution allows DET to issue licenses for businesses to expand operations
DP World’s road freight JV in Pakistan greenlit by authorities
The NLC will hold a majority 60% share in the JV, while DP World will get the remaining 40% stake
Updates on investments, trade, digitalization, ports, and aviation from Egypt, Bahrain, and UAE
Stories on our radar this morning from around the region
TC Mena makes exportation push with takeover bid of Gulf Cement
The offer sets a minimum acquisition target of 50% plus one share
DAE acquires 17 next-generation aircraft for USD 1 bn
The aircrafts are already on lease to 11 airlines across 10 countries.
GulfNav’s shareholders approve AED 3.29 bn acquisition of Brooge Energy assets
The transaction will be settled through a mix of cash, new shares, and mandatory convertible bonds
Dubai Aerospace Enterprise mulls sale of its MRO arm Joramco
DAE holds an 80% stake in Joramco
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