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IPO watch
CGS ekes out 0.8% gain on first day of Tadawul trading
PLUS: CGS secures two contracts worth SAR 195.5 mn from Aramco and Almarai
CGS wraps up Tadawul IPO with retail portion undersubscribed
Final allocations are due tomorrow
KDL seeks SAR 16.1 mn in Nomu IPO
The final offer price implies a market cap of SAR 80.5 mn at listing
Sweden’s e-trucking player Einride to go public via SPAC
The move is an exception for the green trucking sector, which has been facing global…
M&A watch
TODAY: Is Turkish Airlines eyeing a TRY 100 bn cargo wager?
What we’re tracking this morning regionally and around the world
Marsa Maroc lands in Europe with EUR 80 mn stake in Spain’s BMT
The acquisition would expand Marsa Maroc’s footprint to cover 34 terminals across 20 ports, including…
What’s really happening with that MTO for Alexandria Containers?
AD Ports previously bought a 19.3% stake in ALCN from the Saudi Egyptian Investment Company
TODAY: PIF doubles down on Noon with USD 500 mn injection
What we’re tracking this morning regionally and around the world
Earnings watch
A heap of 3Q, 9M earnings from UAE’s logistics giants
AD Ports and Etihad Group saw robust growth in their earnings
Aramex posts stable earnings for 3Q 2025
PLUS: Ports earnings from Oman and Egypt
UAE + Chad wrap terms of CEPA agreement
PLUS: Freezone regulation and shipping updates from the UAE
Adnoc L&S + Agility Global post strong financials in 3Q, 9M periods
PLUS: Air Arabia’s net income rose 16% y-o-y in 3Q 2025
Diplomacy
Egypt establishes foothold in Ethiopia’s trade lifeline through Djibouti port pacts
Egyptian state-private consortia will develop a new terminal, a logistics zone, and a solar…
TODAY: DP World to funnel more funds in Brazil’s Santos port
What we’re tracking this morning regionally and around the world
US, Saudi companies partner on AI infrastructure
PLUS: STC subsidiary Solutions secures cloud services from sister company for SAR 262 mn
UAE trade pacts with Malaysia, Australia come into effect
The UAE’s Cepa program underpins its goal of pushing foreign trade to USD 1…