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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
TODAY: EAGL snaps up 95% of Ticts + KSA launches new ring road
What we’re tracking this morning regionally and around the world
Strata, Lufthansa Technik partner on aircraft repair PLUS: EV charging news from KSA + UAE
Adnoc targets 500 fast charging points across the UAE
GrubTech closes USD 15 mn series B round as it plans global expansion
The raised funds will go towards financing the startup’s KSA, UK, and Europe expansions
UAE + South Korea finalize CEPA agreement, sign transport agreements
CEPA will see both countries slash import tariffs
Rail, trade, and cargo updates from KSA, UAE, Egypt, and Iran
The agreement will leverage SAR to transport P&G’s domestic products across KSA
Transmar, AD Ports and Orascom will build a green methanol plant in Egypt
Green methanol stands to slash emissions from shipping vessels by 60% to 95%
Logipoint + Gulf Islamic Investments establish a SAR 1 bn logistics JV
The move comes less than a month after Brookfield Asset Management snapped up a majority stake in GII’s logistics portfolio
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