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Arkas lands a USD 335 mn syndicated loan led by World Bank’s IFC
Arkas will receive USD 260 mn as the first batch, while the rest will be finalized in the upcoming months
Emirates lands record 1H earnings for 2025
PLUS: Turkish Airlines posts solid revenue growth, but net income fell
Qatar Airways to sell off 9.57% stake in Cathay Pacific
PLUS: Turkish Airlines bid to acquire minority stake in Air Europa approved by company
CEVA Logistics wraps 100% acquisition of Turkey’s Borusan Tedarik
The CMA CGM subsidiary closed the acquisition for USD 383 mn, after clinching all regulatory approvals since its first announcement…
TODAY: Cold chain maker CGS is on Tadawul + CEVA Logistics’ acquisition of Borusan Tedarik is complete
What we’re tracking this morning regionally and around the world
Turkish Airlines taps Bank of China for USD 412 mn loan
The five-year debt facility will go toward the carrier’s fleet expansion, business growth, and establishment of infrastructure at Istanbul Airport
TODAY: Microsoft goes big on UAE AI infrastructure
What we’re tracking this morning regionally and around the world
TODAY: Emirates secures funds for jet orderbook + Transnational investments updates from DP World, KSA
What we’re tracking this morning regionally and around the world
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