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Author Archives: enterpriseam admin
Posted inIPO Watch
Flynas sets IPO price range at SAR 76-80 per share amid robust appetite
At the top of the range, Flynas could raise up to USD 4.1 bn in proceeds
Posted inInvestment Watch
DP World to overhaul Dominican Republic port + freetrade zone for USD 760 mn
The funds will raise cargo volume by 600k TEUs and add 225 hectares for the freezone
Posted inM&A Watch
Fetriglobe to acquire Wengfu Australia’s distribution assets
The acquisition will see Fertiglobe take over an asset portfolio including eight warehouses spread across five ports
Posted inPorts
Oman to overhaul Shinas Port for OMR 77 mn
Port operator QS Maritime is reportedly awarding the contract, with development expected to begin this year and take between five to seven years to complete
Posted inEarnings Watch
1Q earnings from Adnoc L&S and Talabat
Adnoc L&S saw a 5% net income dip, while Talabat saw a 24% uptick
Posted inAlso on Our Radar
Updates on trade and ports digitization from Egypt and Oman
Stories on our radar this morning from around the region