ADQ wants to snap up all of Aramex
The acquisition would value Aramex at AED 4.39 bn
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The acquisition would value Aramex at AED 4.39 bn
Plus: FTX disputes Dubai-based Backpack’s acquisition of FTX EU
The fund will focus on ESG-compliant logistics assets across Western Europe
The UAE also discussed strengthening relations with Saudi Arabia
The country’s foreign trade is projected to exceed AED 2.8 tn during this period
Plus: Nabat partners with the Abu Dhabi Environment Agency to support mangrove restoration through AI-based solutions
UAE dominated re-exports and non-oil trade in 2023
Companies are frontloading orders and shifting their supply chain from China to other countries
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