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UK court backs DP World’s USD 685 mn payout from Djibouti
The London arbitration court has ruled that the government of Djibouti acted illegally in its seizure of the Doraleh Container…
NextSource to build battery anode plant in Abu Dhabi
The project carries a total capex of USD 291 mn, with forecasts putting annual revenue at USD 195 mn
Deliveroo’s regional units merge into DoorDash after acquisition
Miki Kuusi, co-founder of food and retail delivery company Wolt, will take over as CEO alongside his role as DoorDash’s…
TODAY: China banks to bankroll Aramco’s Jafurah project
What we’re tracking this morning regionally and around the world
Updates on aviation, data centers, and projects from the UAE and Saudi
Stories on our radar this morning from around the region
UAE trade pacts with Malaysia, Australia come into effect
The UAE’s Cepa program underpins its goal of pushing foreign trade to USD 1 tn by 2031
KKR buys into Adnoc’s gas pipeline network
PLUS: Adnoc-owned urea and ammonia exporter Fertiglobe completes Wengfu Australia acquisition
TODAY: Sisco acquires 51% of PSS + KKR nabs minority stake in Adnoc’s pipelines unit
What we’re tracking this morning regionally and around the world
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