Logistics (MENA) 
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The global trade finance gap widened to a record USD 2.5 tn in 2022, according to ADB
Lack of trade finance posed a major supply chain challenge to businesses in 2022
Egyptian bank consortium to provide EGP 700 mn loan to East Port Said Port
The loan could go towards one of the port’s three logistics areas
DP World launches USD 1.5 bn green sukuk to solid demand
The issuance could be followed with another USD 1 bn green sukuk
Iran + Syria set up a bank and ins. institute for traders + Saudi Arabia to localize manufacture of masks
FINANCE- Iran + Syria establish joint bank and ins. institute to help boost joint trade: Iran and Syria will establish…
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
Flynas to buy 30 Airbus aircraft + Afrexim launches trade ins. subsidiary. PLUS: News from DP World, Bahri, King Abdullah Port, Jeddah Islamic Port, Cisco, Oman, Wizz Air, and Menzies
CAPITAL MARKETS- Bahri approves capital increase: The National Shipping Company of Saudi Arabia (Bahri)’s board moved to increase the company's…
Fighting in Sudan stalls exports of gum arabic + ship financing remains competitive
Sudan’s exports of gum arabic have come to a standstill since fighting between rival military factions began there last month,Bloomberg…
AFC + Morocco ink agreement to finance transport, infrastructure projects. PLUS: News from Unilever, AJEX, Nouvelair, Noon Food
LAST MILE- Unilever Arabia is the first company to roll out an EV as part of its last-mile delivery fleet…
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