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Talabat fully acquires Instashop from Delivery Hero
The cash-based transaction was valued at USD 32 mn reflecting Instashop’s capital amount rather than its fair value
Updates on trade and zones from UAE and Egypt
Stories on our radar this morning from around the region
Falcon Aviation to invest USD 100 mn into its MRO facilities at Dubai’s Al Maktoum International Airport
The firm was granted approval to offer its MRO services in the UAE by the General Civil Aviation Authority (GCAA)…
Emirates is investing some USD 5 bn to upgrade its fleet amid delivery delays
The airline is retrofitting aircraft at its engineering complexes in Dubai to extend the life span of the models
Updates on maritime and trade from UAE and Iraq
Stories on our radar this morning from around the region
The UAE’s non-oil activity holds steady in February
The headline figure stood at 55.0 in February, remaining unchanged from January
UAE’s Al Seer Marine expands fleet with two new versatile vessels
The new tankers bring the company’s fleet to 16 operational tankers, with three more under construction
TODAY: Asyad Shipping’s IPO + China tariffs retaliation
What we’re tracking this morning regionally and around the world
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