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Sailun Group to invest USD 1 bn in Sokhna tire plant
The factory will be developed over the next three years, with the first phase set to go online in 2026
TODAY: Turkish tunnels get USD 1.8 bn backing + Sailun to set up 1 USD bn tires plant in Egypt’s Teda
What we’re tracking this morning regionally and around the world
ADQ’s Zero Two makes first Southeast Asia move with co-control stake in Evolution Data Centres
The investment will support the expansion of Evolution’s data centres in Southeast Asian markets
Updates on investments, cargo, and shipping from across the region
Stories on our radar this morning from around the region
CIB buys 4.9% stake in publicly owned DCHC
National Roads Company and Port Said Container and Cargo Handling Company could also be in the mix for privatization
Qatar-US-Turkish consortium to overhaul Damascus Int’l Airport for USD 4 bn
The consortium aims to raise the airport’s annual capacity to 31 mn passengers, develop its main access road, and provide…
Rail, investment, port, and trade updates from across the region
Stories on our radar this morning from around the region
MGX is reportedly eyeing USD 25 bn in external investments
The AI investor is exploring raising capital from Abu Dhabi and beyond
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