Logistics (MENA) 
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AI + Innovation (MENA) 
Sanad inks AED 400 mn air components agreement with Ireland’s AerCap
Sanad will provide AerCap Materials with over 6k in high-demand aircraft components for Airbus, Boeing, and Embraer jets
DAE secures USD 300 mn 3-year loan from Bank of China
The loan would be used for general corporate purposes and assist future financing requirements
Updates on all things logistics from around the region
Stories on our radar this morning from around the region
UAE + Malaysia ink MoU to develop multipurpose terminal at Began Datuk Port
The agreement also pertains to the development of a Halal Industries and AI hub at the port to advance food…
ICD sells back 25% stake in CAI for CAAP shares
ICD secured 1.9 mn shares of CAAP in the share swap transaction
HPH + Ajman Port and Customs to invest AED 1 bn into port revamp
PLUS: Azerbaijan’s State Oil Fund invests USD 50 mn in Adnoc’s gas pipeline unit
Dubai Aerospace Enterprise to shell out 75 aircraft to two buyers
The transactions are expected to close before the year's end
GulfNav is the new owner of Nasdaq-listed Brooge Energy
The transaction is expected to tick off regulatory approvals before the end of 3Q.
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