Logistics (MENA) 
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Al Seer Marine secures USD 80 mn financing from China’s Bocom
This is the first time Al Seer has lined up funding from outside the UAE.
Adnoc increases its stake in Fertiglobe, boosts low-carbon ammonia growth
Adnoc aims to develop a global platform of low-carbon ammonia development
Regional logistics players snap up spots in Forbes Sustainability Leaders 2024
DP World, AD Ports Group, Nakilat, and others made the list
DP World and Masdar eye investments in the Philippines
Masdar plans to invest PHP 600 mn (USD 10.4 mn) in the Philippines for renewable energy
Jafza wins awards at fDi Global Free Zones of the Year 2024
Jafza won awards for Industrial Zone of the Year and Top Sustainable Zone in global and Middle Eastern categories
Damac’s Edgnex commits USD 1 bn for Thailand data centers
The first data center is set to go live in Bangkok by March next year
A heap of updates in rail, equipment, shipping, aviation and warehousing from Mococco, KSA, the UAE, Iraq and Jordan
Stories on our radar this morning from around the region
UAE + Malaysia complete CEPA negotiations to reduce trade barriers
The agreement will lower tariffs, reduce trade barriers and establish private sector collaborations and new potential investments
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