Logistics (MENA) 
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Ports, customs, roads, and e-commerce updates from UAE, Turkey and Saudi
Stories on our radar this morning from around the region
Updates on ports, maritime, and aviation from UAE and KSA
Stories on our radar this morning from around the region
DP World’s road freight JV in Pakistan greenlit by authorities
The NLC will hold a majority 60% share in the JV, while DP World will get the remaining 40% stake
DP World sees revenue jump, net income dip for FY 2024
New concessions and acquisitions drove up revenues, while higher financing costs dragged down the bottom line
TODAY: DAE mulls selling its stake in Joramco + KSA’s Red Sea Gateway Terminal lands in Djibouti
What we’re tracking this morning regionally and around the world
Mawani + DP World inaugurate Jeddah Islamic port container terminal
The expansion will increase the terminal’s handling capacity from 1.8 mn to 4 mn TEUs
NMDC Group to invest nearly USD 2.4 bn into India’s Vadhvan port
The USD 9 bn Vadhvan Port is set to expand the country’s export capability significantly
DP World taps COO Suresh Ramani as new Indian subcontinent COO
New COO Suresh Ramani brings over three decades of experience in the logistics sector
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