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UAE’s GulfNav and Abu Dhabi Ship Building report 1Q earnings
GulfNav trimmed its losses while ADSB posted a decline
Mubadala Energy acquires stake in SoTex, enters US market
PLUS: CMA CGM secures 35% stake in an Egypt dry port + Ajman Bank downsizes its stake in GulfNav
UAE’s GuflNav posts FY 2024 results
FY 2024 results from UAE’s Gulf Nav and Kuwaiti firm Kuwait and Gulf Link Transport Company
GulfNav’s shareholders approve AED 3.29 bn acquisition of Brooge Energy assets
The transaction will be settled through a mix of cash, new shares, and mandatory convertible bonds
Gulf Nav’s bottom line slumps in 3Q 2024
The Dubai-listed maritime firm’s topline increased by 26% y-o-y to AED 23 mn
Etihad Airways sees 66% y-o-y jump in net income in 9M 2024
Etihad Cargo’s revenues also increased 21% y-o-y to AED 3.0 bn in 3Q 2024
GulfNav’s board greenlights Brooge takeover
GulfNav has called for a general assembly for final approval
TODAY: Lots of projects in Egypt. Dar will build Ethiopia’s new airport
What we’re tracking this morning regionally and around the world
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