Logistics (MENA) 
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DAE finalizes acquisition of Ireland-based Nordic Aviation Capital
PLUS: Uber to buy 85% of Turkey’s e-commerce platform Trendyol Go for USD 700 mn
CMA CGM subsidiary to acquire 100% of Turkey’s Borusan Tedarik
The agreement includes Borusan Tedarik subsidiaries in Germany, Bulgaria, Hong Kong and China
Menzies Aviation fully acquires US-based aviation services firm G2
The acquisition is subject to regulatory approvals and is slated to be completed in June
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
Sary merges with Bangladesh’s ShopUp to launch new B2B platform, raising USD 110 mn
The merger was backed by a USD 110 mn funding round led by PIF-backed Sanabil Investment and US-based Valar Ventures
ADIA set to fully divest from German gas transmission operator for EUR 920 mn
Italy’s Snam is buying in
Updates on all things logistics from Qatar, KSA, and UAE
Stories on our radar this morning from around the region
M&A updates from the UAE and Qatar
The acquisitions covered logistics areas, such as data centers, aviation, and freight forwarding
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