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Budget Saudi unit acquires 70% of UAE freight forwarder Overseas Development
Details on follow-on acquisitions of shares in KSA and Kuwait have not been disclosed
DP World is reportedly eyeing an acquisition of Hong Kong-based Cargo Services Far East
A takeover could be valued at as much as USD 400 mn
UAE’s EasyLease acquires majority stake in United Trans
The acquisition sees EasyLease establishing a footprint in the regional smart mobility and railway sectors
AD Ports acquires 60% of Georgia’s Tbilisi Dry Port
The intermodal hub will serve as a central hinge in the Middle Corridor connecting Asia and Europe
KSA’s Public Investment Fund is reportedly in talks to acquire Saudia
The move would see PIF consolidating Saudia within its growing aviation portfolio
Mubadala eyes stake in London’s Heathrow Airport
Mubadala was tapped by Ardian to come on board a 60% buyout move
KSA’s PIF acquires 40% of Saudi’s Zamil Offshore
Logistics and transport is among key strategic sectors prioritized by the PIF
UAE-based East Africa Gateway is reportedly eyeing a Tanzania port acquisition
The potential transaction is under review by Tanzania’s antitrust regulator
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