Logistics (MENA) 
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Adnoc Gas earmarks USD 13 bn for expansion efforts
Adnoc Gas plans to double its production capacity by 2028
Turkish firm eyes USD 7 bn logistics and industrial zone in Egypt
Turkey wishes to develop a logistics hub in Egypt to serve as a conduit for its exports to Africa
DP World invests USD 50 mn to develop a new South Korean logistics center
Construction on the DP World Busan Logistics Centre is slated to begin at the end of the year
Emirati outfit Eagle Hills will reportedly develop a railway station in Budapest
The details of the project will be worked out before the end of 1H 2024
Kuwait funnels USD 614 mn into Mubarak Al-Kabeer Port development plans
The project to develop MKP is projected to cost some USD 3.2 bn
Arcapita closes a SAR 1.8 bn fund to develop KSA’s logistics portfolio
Arcapita already manages some SAR 3.8 bn in warehousing assets across the GCC
Egypt’s SCA to fully fund the Suez Canal expansion through its investment budget
The authority will carry out studies for the project over the next 16 months
Aldar forms a JV with Dubai South in its UAE logistics portfolio expansion
The JV will develop build-to-lease and build-to-suit facilities for tenants including third-party logistics (3PL), ecommerce, and retail
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