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Bahrain’s GFH Partners acquires UAE-based logistics fund of AED 500 mn
The transaction is part of GFH Partner’s global expansion strategy
TODAY: Bahrain’s GFH snaps up logistics fund Manrre Reit + PMI reports are in for KSA, UAE and Egypt
What we’re tracking this morning regionally and around the world
TODAY: Egypt getting MG vehicle manufacturing plant + Ibnsina Pharma leasing land in Egypt’s Yanmu
What we’re tracking this morning regionally and around the world
UAE gets a new trade link to China via Pakistan
Stories on our radar this morning from around the region
Omada & Jaecoo open largest distribution center for Chinese automotive brands in UAE’s Jafza
The facility has enhanced the firm’s shipping efficiency by 85%, cutting down the shipping cycle to 9 days from 60…
Budget Saudi subsidiary finalises acquisition of Overseas Development’s UAE arm
Rahaal uptakes a 70% stake in the Emirati arm of freight forwarder Overseas Development Company for AED 7.8 mn, after…
Egypt + Uzbekistan ink protocol to boost trade exchange
The pair agreed to reduce existing trade barriers and establish a joint Egyptian-Uzbek Business Council
ADFD extends another loan for Maldivian airport development
The fund provided an earlier loan of AED 183.5 mn in 2017
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