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Metal Park launches first phase of AED 110 mn storage hub in Kezad
The project is slated to be completed in three phases with a total storage capacity of 350k mt once operational,…
Adnoc eyes IPO debut for XRG
LSE and NYSE are potential listing venues for XRG
The UAE and Central African Republic ink a CEPA
The agreement aims to boost their bilateral trade to AED 3.7 bn over the next five to seven years
Mawani + DP World inaugurate Jeddah Islamic port container terminal
The expansion will increase the terminal’s handling capacity from 1.8 mn to 4 mn TEUs
Talabat fully acquires Instashop from Delivery Hero
The cash-based transaction was valued at USD 32 mn reflecting Instashop’s capital amount rather than its fair value
Updates on trade and zones from UAE and Egypt
Stories on our radar this morning from around the region
Falcon Aviation to invest USD 100 mn into its MRO facilities at Dubai’s Al Maktoum International Airport
The firm was granted approval to offer its MRO services in the UAE by the General Civil Aviation Authority (GCAA)…
Emirates is investing some USD 5 bn to upgrade its fleet amid delivery delays
The airline is retrofitting aircraft at its engineering complexes in Dubai to extend the life span of the models
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