Logistics (MENA) 
MENA+ Edition 
Egypt Edition 
UAE Edition 
Saudi Edition 
AI + Innovation (MENA) 
Business
Home / Business
IPO watch
Bosta reportedly looking to list 20-30% of its equity capital on EGX
The speculation comes hot on the heels of the logistics firm launching a new USD…
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
M&A watch
TODAY: Agility to sell Tristar at a USD 1.5 bn valuation + Kuwait is in talks to join Saudi Arabia’s Red Sea pipeline
What we’re tracking this morning regionally and around the world
ADX-listed Agility sells its stake in Dubai’s Tristar to India’s Aegis
Aegis will acquire Agility’s 65.12% stake for up to USD 581 mn as part of…
TODAY: Saudi wants to pipe 10 mn bbl / d around Hormuz + Iraq’s first crude trucks could reach Syria soon
What we’re tracking this morning regionally and around the world
Agility bags EUR 500 mn financing + Damietta welcomes another MSC service
Stories on our radar this morning from around the region
Earnings watch
Gulf energy earnings split along one line: who built a way around Hormuz before the war started
The war raised prices, but chokepoint exposure and shipping flexibility split the victors from…
More 2Q earnings from Makhazen, Air Arabia, and Asyad Shipping
A mixed bag of earnings from the region’s logistics players
Hormuz disruption boosts AD Ports’ net income, hits DP World’s
AD Ports posted a boost in 2Q, while DP World saw its net income…
Higher revenue, lower net income for Talabat in 2Q
Talabat now expects full-year 2026 revenue growth of 16-18%
Diplomacy
TODAY: Private capital flows into Kuwait’s pipes + US raises tariffs on Egypt to 12.5%
What we’re tracking this morning regionally and around the world
UK, GCC finalize multi-bn-GBP trade agreement
The agreement will add around GBP 3.7 bn a year to the UK economy
UAE + Azerbaijan’s comprehensive economic partnership agreement is live
Stories on our radar this morning from around the region
TODAY: Sohar lands USD 550 mn petrochem plant
What we’re tracking this morning regionally and around the world