Sisco-backed GDI to acquire 100% of Transcorp International for SAR 229.8 mn
Transcorp will merge its UAE and Qatar operations into GDI’s logistics arm, Elite Co.
Available in your choice of English or Arabic
Transcorp will merge its UAE and Qatar operations into GDI’s logistics arm, Elite Co.
PLUS: New digital marine ins. service lands in Dubai
The fund also acquired 60.3% of Brazilian infrastructure firm Invepar’s, which manages Rio de Janeiro’s expressway
Other updates on customs and last-mile delivery from Iraq and UAE
Updates on aviation, trade, ports from the UAE, Jordan, and Iraq
What we’re tracking this morning regionally and around the world
Updates on shipping, maritime, data centers aviation, and customs
The acquisition was announced back in July, and now positions DP World as a controlling shareholder
Something went wrong. Please refresh the page and/or try again.
Queue