Logistics (MENA) 
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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
Aramco weighs USD 10 bn asset sell-down
Its terminals business, seen as one of Aramco’s most lucrative assets, could go to market as early as next year
Mamoura wraps AED 3.2 bn du follow-on offering
This is the first fully marketed secondary share offer in the UAE
TODAY: Iraq turns to IFC for support on ports, energy investments
What we’re tracking this morning regionally and around the world
Du kicks off follow-on offering as Mubadala’s Mamoura cuts stake
The transaction could see Mamoura raise up to AED 3.4 bn in proceeds
Adnoc L&S wraps 3% stake offering, raising AED 1.2 bn
The sale was one of the most heavily oversubscribed follow-on offerings in the region, attracting nearly 7x the offering size
Egypt’s Damietta port operator files for capital hike ahead of rumored public offering
The company wants to increase its issued and paid-up capital to EGP 1.1 bn
Asyad Group pushes forward with IPO plans
Asyad Shipping is reportedly seeking a valuation of USD 1 bn
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