GCC-UK trade agreement signed and sealed
GCC-UK trade tie-up | PIH’s infrastructure push | Expanding East Port Said
Thursday, 21 May 2026
Keep calm
Leading our issue is the landmark trade agreement between the Gulf and the UK, which is said to add bns to the UK economy annually. We’ve also got Qatari bn’aire brothers eyeing Ethiopia’s new airport and a major highway project in the DRC, and QNB Egypt lining up an EGP 11.98 bn syndicated loan for the East Port Said Port expansion.

Today at a glance
Transportation
Rail
Tripoli rail tender puts North Lebanon corridor back in play, SAR + Saudi Cement partner up
Stories on our radar this morning from around the region
Ports
QNB Egypt arranges EGP 11.98 bn facility to expand East Port Said
A 12-bank consortium led by QNB Egypt arranged an EGP…
Aviation
PIH eyes airport and roads in African expansion
PIH is chasing airport and road projects in an African…
Storage + Warehouses
AD Ports sells 161k sqm Kezad warehouses to Aldar in AED 650 mn agreement
This sale alone covers 65% of AD Ports’ minimum AED…
Projects
Business
Explainers
The middle-mile should be the UAE’s next big focus in autonomous trucking uptake
Passengers are moving autonomously, but goods have a long way…
East Port Said, Tanger ports face a new challenge with Europe’s carbon rules for shipping — but green bunkering can help
To prevent losing volumes to non-EU transhipment hubs and evasive rerouting, the EU set up a list of high-risk neighboring container transhipment…