Logistics (MENA) 
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Aramco earnings take a hit from softer prices and rising costs
A mixed bag of earnings for the Saudi giant
With Hormuz on lockdown and GCC supply strained –– a 25-day countdown starts
Middle East oil producers have roughly 25 days before they run out of storage space
SCZone to get pharma raw materials plant + Saudi Aramco wagers bigger on US LNG
PLUS: Sokhna’s RSCT launches at last
TODAY: Modon locks in SAR 8.8 bn in logistics pacts. PLUS: Emsteel, Adnoc bound for 20-year natgas agreement
What we’re tracking this morning regionally and around the world
DHL to invest EUR 130 mn into new logistics hub in Riyadh
Construction on the hub will launch next year, while it is scheduled to open in 2027
Tim Aerospace launches its MRO hangar in Dubai South’s MRO hub
PLUS: Storage, startups, and ports updates from across the region
Humain, Australia’s AirTrunk partner for USD 3 bn data center push
ALSO- Humain is planning to go public via a dual listing on Tadawul and Nasdaq within four years
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
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