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Adnoc L&S wraps 3% stake offering, raising AED 1.2 bn
The sale was one of the most heavily oversubscribed follow-on offerings in the region, attracting nearly 7x the offering size
TODAY: Adia’s USD 1.5 bn backing of GLP + Adnoc L&S raises AED 1.2 bn in follow-on sale
What we’re tracking this morning regionally and around the world
China’s incoming Boeing + Airbus orders shed doubt on Comac deliveries
Comac could potentially fall short of its annual delivery target of 75 jets in 2025
AD Ports inks a slew of agreements to boost its Angola operations
The firm inked several MoUs with Angolan private- and public-sector players to digitalize and develop its logistics sector
Menzies Aviation wraps G2 Secure Staff Acquisition
The transaction will add roughly 20% to Menzies’ revenue, bringing group revenues above USD 3.1 bn based on FY 2024…
Updates on trade, cargo, and aviation from UAE, Iran, and Iraq
Stories on our radar this morning from around the region
Abu Dhabi Airports taps Carsten Nørland as CCO + KSA appoints Mousa Abargi as MOTLS’ logistics services deputy minister
Nørland is set to oversee Abu Dhabi Airports’ commercial operations
TODAY: Turkey breaks ground on its Azerbaijan rail link + Latakia investments streamlined
What we’re tracking this morning regionally and around the world
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