Logistics (MENA) 
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UAE’s 7X’s logistics arm EMX adds e-bikes to its fleet
Stories on our radar this morning from around the region
Bahrain’s GFH Partners acquires UAE-based logistics fund of AED 500 mn
The transaction is part of GFH Partner’s global expansion strategy
BLS opens USD 29.8 mn logistics center in Casablanca’s Tit Mellil
The logistics center spans across 50k square meters, with a storage capacity of 55k pallet positions
Budget Saudi subsidiary finalises acquisition of Overseas Development’s UAE arm
Rahaal uptakes a 70% stake in the Emirati arm of freight forwarder Overseas Development Company for AED 7.8 mn, after…
Star Shine to operate its first green logistics center in Alexandria
The project’s first phase will be implemented with investments worth EGP 50 mn (c. USD 1 mn) over an area…
Almajdouie Logistics to set up JV with CEVA Logistics in Saudi Arabia
The JV is slated to add around 2k jobs to KSA’s domestic market, and maintain a local fleet of over…
Updates in logistics handling, trade, and shipping from the UAE
Stories on our radar this morning from around the region
DHL Express inaugurates MENA hub expansion at Bahrain International Airport
The EUR 218 mn expansion will help position Bahrain as a leading logistics gateway
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