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BlackRock takes minority stake in Saudi-Bahraini crude pipeline
The pipeline connects Aramco’s Abqaiq plants and Bapco’s refineries in Bahrain
TODAY: Another supply agreement for Adnoc + Dnata expands European footprint
What we’re tracking this morning regionally and around the world
TODAY: A big news day for Egypt + NMDC Energy will make its ADX debut on Wednesday
What we’re tracking this morning regionally and around the world
DP World acquires Hong Kong’s Cargo Services Far East
DP World is set to operate over 200 freight forwarding offices by the end of 2024
Adani Ports snaps up 80% of Dubai’s Astro for USD 185 mn
The acquisition will boost APSEZ’s fleet to 168 vessels
Adia-backed consortium offers EUR 14 bn to take over DB Schenker
The CVC-led group offered EUR 16 bn for the German gov’t to reinvest in the company
Qatar Airways snaps up 25% stake in South Africa’s Airlink
Qatar Airways is also “working very closely to finalize” the acquisition of 49% stake in RwandAir
AD Ports’ Noatum Maritime takes majority stake in Egypt’s Safina
Safina’s founders will maintain a minority stake in the company, and the firm will be rebranded as Noatum Maritime Egypt.
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