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TODAY: Suez Canal transits could resume early next year + KSA records hike in warehouse spaces in 1H 2025
What we’re tracking this morning regionally and around the world
GWC clinches stake in EU-based logistics startup Quivo
GWC integrated Quivo’s software into its Qatar-based warehouses
TODAY: DP World, Uzbekistan form JV for logistics terminal + Adnoc L&S, Ta’ziz seal long-term port pact
What we’re tracking this morning regionally and around the world
KSA’s Jahez finalizes 75% acquisition of e-commerce outfit Snoonu
Jahez will be fronting SAR 802 mn, while the Snoonu’s founder Hamad Mubarak Al Hajri will retain a 23.4% stake
Deliveroo’s regional units merge into DoorDash after acquisition
Miki Kuusi, co-founder of food and retail delivery company Wolt, will take over as CEO alongside his role as DoorDash’s…
KKR buys into Adnoc’s gas pipeline network
PLUS: Adnoc-owned urea and ammonia exporter Fertiglobe completes Wengfu Australia acquisition
Sisco Holding acquires a 51% share in port and storage services outfit PSS
PSS manages some 130k sqm of logistics infrastructure in Dammam and Jubail, with ambitions to set up an additional 280k…
XRG finalizes minority acquisition of Rio Grande’s LNG export facility
XRG will own an 11.7% stake in the first phase of the USD 18 bn project
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