Maqta Gateway acquires 60% stake in Dubai Technologies for AED 28 mn
The acquisition will see Maqta Gateway integrate Dubai Technologies’ port digitization systems into its own in-house solutions
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The acquisition will see Maqta Gateway integrate Dubai Technologies’ port digitization systems into its own in-house solutions
The company will invest some USD 175 mn as part of a JV with UAE-based Kaheel Terminals
The move will expand the zones’ pre-built industrial and logistics warehousing capacity by 43% by the end of 2025
Noatum Logistics Middle East will take over Micco’s operations and client roster
Maqta Gateway will hold a majority 51% stake, while Aqaba will carry a 49% stake under the terms
The company will operate cruise ship terminals in Hurghada, Safaga, and Sharm El Sheikh
Noatum has already been managing a multipurpose terminal in Castellón since 2004
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