Logistics (MENA) 
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SAL to develop SAR 4 bn logistics zone in Riyadh
The logistics player also inked a preliminary agreement to lease a 1.5 mn sqm plot of land from PIF’s Sela…
DP World’s road freight JV in Pakistan greenlit by authorities
The NLC will hold a majority 60% share in the JV, while DP World will get the remaining 40% stake
Updates on investments, trade, digitalization, ports, and aviation from Egypt, Bahrain, and UAE
Stories on our radar this morning from around the region
Adnoc eyes IPO debut for XRG
LSE and NYSE are potential listing venues for XRG
Elsewedy Electric is setting up export-bound subsea cable factory in Egypt
The entirety of the factory’s output will be exported
TODAY: Egypt’s subsea cable factory + Dekheila Port’s new petrochemicals facility
What we’re tracking this morning regionally and around the world
Falcon Aviation to invest USD 100 mn into its MRO facilities at Dubai’s Al Maktoum International Airport
The firm was granted approval to offer its MRO services in the UAE by the General Civil Aviation Authority (GCAA)…
Emirates is investing some USD 5 bn to upgrade its fleet amid delivery delays
The airline is retrofitting aircraft at its engineering complexes in Dubai to extend the life span of the models
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