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SAL shares soar 30% on its first day of trading
The company raised USD 678 mn in its IPO last month
Another Saudi airport to get a revamp + SCZone eyes more green energy cooperation, and Al Seer Marine gets new VLGC
AVIATION- KSA’s Al Wajh Airport is getting a revamp: Multi-project developer Red Sea Global, which is owned by the Saudi…
FedEx Express debuts EVs in the UAE, rolls out digital platform updates + OPAZ floats design consultancy tender for economic zone
FREIGHT FORWARDING- FedEx Express debuts electric vehicles (EVs) in the UAE: FedEx Express has added its first three EVs to…
Agility hedges DSV investment with EUR 1.3 bn equity collar in the second transaction of the type this year
The company drew down EUR 1 bn earlier this year from a similar hedging agreement
China to launch CNY-priced container futures + new China cargo route to Afghanistan. PLUS: More from India, Maersk, and V.Group
China to introduce container futures product using CNY as settlement currency:The Shanghai Futures Exchange and the Shanghai Shipping Exchange are…
SAL Saudi Logistics Services to IPO 30% stake
The company has been planning an IPO since 2021
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