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Warehouses, cargo, and port updates from Kuwait, UAE and KSA
Stories on our radar this morning from around the region
China’s Cosco to invest USD 375 mn in Egyptian ports this year
The investment aims to increase the capacity of Cosco’s containers across Egyptian ports.
TODAY: Jumia expands warehousing in Morocco + UAE’s Tenderd closes series A funding round
What we’re tracking this morning regionally and around the world
Development work at Oman’s USD 104 mn Dibba Port is 75% complete
The project will be operational by 1Q 2025
DP World invests over USD 500 mn to expand operations in Latin America
DP World will launch its USD 400 mn Bicentennial Pier expansion project in Peru
Kuwait Ports Authority records historic revenues in FY 2023-24
90% of Kuwait’s imports go through KPA
TODAY: Adnoc L&S acquires 80% of Navig8 for USD 1.04 bn
What we’re tracking this morning regionally and around the world
UAE’s East Africa Gateway snaps up 95% stake in Tanzanian container terminal
Adani has also inked a 30-year concession to manage and operate the port’s main container terminal
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