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CGS ekes out 0.8% gain on first day of Tadawul trading
PLUS: CGS secures two contracts worth SAR 195.5 mn from Aramco and Almarai
CGS wraps up Tadawul IPO with retail portion undersubscribed
Final allocations are due tomorrow
TODAY: Aramco weighs offloading terminal stakes to drum up funds
What we’re tracking this morning regionally and around the world
Cold Chain manufacturer CGS prices Tadawul IPO at top of range
The institutional offering closed 61.6x oversubscribed
Tadawul IPO of coldchain solutions manufacturer CGS is live
The cold chain manufacturer is marketing shares in a price range of SAR 9.5-10
Could cold storage be the future of Egypt’s storage industry?
Fewer competitors allow cold storage lessors to charge suitable rent premiums
SingAuto to build its first int’l EV truck manufacturing hub in the UAE
SignAuto received an investment of USD 45 mn from an undisclosed UAE investor in March
RSA Cold Chain breaks ground at Jafza flagship cold storage facility
The facility will be equipped with eight chambers, and will bring 40k new pallet positions to Jebel Ali’s port area
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