GCC ports underperformed, while Levantine and Mediterranean ports told a mixed tale
Author Archives: enterpriseam admin
China’s making more moves in Egypt’s SCZone
Stories on our radar this morning from around the region
CMA CGM eyes full takeover bid for Santos Brasil
Stories on our radar this morning from around the world
SEPTEMBER 23-25 September (Monday-Wednesday): WorldFreezonesOrganization’s Annual International Conference and Exhibition (AICE), Dubai, UAE. 23-26 September (Monday-Thursday): Freight Summit Global Conference, Dubai, UAE. 25-26 September (Wednesday-Thursday): Global Aerospace Summit, Abu Dhabi, UAE. 30 September - 2 October (Monday-Wednesday): African, Middle East & Islamic Finance Aviation 100 Awards, Dubai, UAE. OCTOBER 6-8 October (Sunday-Tuesday): Routes World 2024, […]
TODAY: AD Ports refinances USD 2.25 bn loan + KSA’s Folk Maritime plans a multi-mn USD in fleet expansion
What we’re tracking this morning regionally and around the world
AD Ports refinances USD 2.25 bn loan to benefit from lower interest rates
The move comes after the Central Bank of the UAE cut the overnight deposit rate by 50 basis points
KSA’s Folk Maritime to invest multi-mn USD in fleet expansion over the next five years
The firm plans to buy about two-thirds of the ships it's adding and will charter the rest