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TODAY: Investcorp snaps majority in Miebach + DP World’s road freight JV in Pakistan advances
What we’re tracking this morning regionally and around the world
TODAY: Egypt’s subsea cable factory + Dekheila Port’s new petrochemicals facility
What we’re tracking this morning regionally and around the world
KSA’s Folk Maritime to acquire 5.6k recyclable containers from China
The containers have a 6.7k TEU capacity and are 100% recyclable
PIF-backed London Heathrow gears up for GDP 2.3 bn renovation plan
The investment will be channeled into improvements and development world over two years
PIF closes 15% acquisition of Heathrow Airport
A revised agreement to loop-in shareholders exercising tag along rights valued the acquisition at USD 4.1 bn earlier this year
Saudi Arabia’s Blatco is lining up regional tire exports
The plant in Yanbu will initially produce 4 mn tires / year
Saudi’s sovereign wealth fund plans new freight airline to take on rival Gulf airlines
What we’re tracking this morning regionally and around the world
KSA’s Public Investment Fund is reportedly in talks to acquire Saudia
The move would see PIF consolidating Saudia within its growing aviation portfolio
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