Logistics (MENA) 
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1Q earnings from Adnoc L&S and Talabat
Adnoc L&S saw a 5% net income dip, while Talabat saw a 24% uptick
Fetriglobe to acquire Wengfu Australia’s distribution assets
The acquisition will see Fertiglobe take over an asset portfolio including eight warehouses spread across five ports
DP World to overhaul Dominican Republic port + freetrade zone for USD 760 mn
The funds will raise cargo volume by 600k TEUs and add 225 hectares for the freezone
TODAY: Flynas IPO launches + DP World to invest USD 760 mn in Dominican Republic
What we’re tracking this morning regionally and around the world
Updates on maritime, trade, and aviation from Morocco and UAE
Stories on our radar this morning from around the region
A flurry of 1Q earnings pile in with AD Ports in the black + Aramco in the red
A mixed bag of 1Q earnings from the region’s logistics players
UAE’s Technomak + Dixstone ink FLNG gas project contract
The FLNG barge has a storage capacity of 137k cubic meters
TODAY: Egypt’s West Port Said Port has two new terminals + Earnings season rolls on
What we’re tracking this morning regionally and around the world
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