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DP World pushes ahead with Dar es Salaam terminal expansion
DP World is adding capacity at Dar es Salaam as Gulf operators push deeper into Africa’s trade corridors
TODAY: DP World expands African port capacity + Fujairah is getting a Mediterranean oil terminal
What we’re tracking this morning regionally and around the world
More 2Q earnings from Makhazen, Air Arabia, and Asyad Shipping
A mixed bag of earnings from the region’s logistics players
L’imad moves for full control of AD Ports as capital needs rise
ADQ still needs to clear regulatory approvals and conduct due diligence before it can issue a formal offer
TODAY: L’imad moves for full control of AD Ports + A.P. Moller Capital takes over Morocco’s Globex Investissement
What we’re tracking this morning regionally and around the world
Hormuz disruption boosts AD Ports’ net income, hits DP World’s
AD Ports posted a boost in 2Q, while DP World saw its net income dip
XRG takes a stake in Venezuela’s offshore Loran gas field in BP-led agreement
The acquisition brings Gulf capital to Venezuela’s energy sector for the first time
TODAY: XRG’s buying spree reaches Venezuela + Mubadala’s getting bids for Porto Sudeste
What we’re tracking this morning regionally and around the world
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