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Ascom is looking to take over Raya Holding’s 90% stake in Ostool
The potential offer values Ostool’s shares at EGP 8.22 each
TODAY: Hormuz Strait closure looms + Roads and debt updates from Oman
What we’re tracking this morning regionally and around the world
NMDC LTS seals Emdad’s acquisition
Emdad booked more than AED 600 mn in revenues last year
ICD sells back 25% stake in CAI for CAAP shares
ICD secured 1.9 mn shares of CAAP in the share swap transaction
GulfNav is the new owner of Nasdaq-listed Brooge Energy
The transaction is expected to tick off regulatory approvals before the end of 3Q.
TODAY: Turkcell secures data centers backing + Updates on Al Khaldi Logistics Nomu IPO
What we’re tracking this morning regionally and around the world
TODAY: RJ secures a USD 250 mn loan + Asyad expands fleet
What we’re tracking this morning regionally and around the world
Updates on all things logistics from around the region
Stories on our radar this morning from around the region
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