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Logistics (MENA) 
Jackpot for BlackRock
BlackRock hosted a “private” gathering earlier this week for key corporate executives and regional investors
Emirates Stallions now owns 100% of Sawaeed Holding
Emirates Stallions previously owned 83.89% of Sawaeed
Aldar plans AED 25 bn luxury beachfront development in Abu Dhabi
The developer will kick off sales of 7k homes in 2H 2024
Total foreign trade reached a record AED 4.45 tn in 2023
The UAE also ranked 15th globally for outward FDI in 2023s
AD Ports inks 20-year concession to manage and upgrade Angola’s Luanda Port terminal
AD Ports could invest up to USD 379 mn over the concession’s lifespan to develop the terminal
Klumi Ventures becomes first Web3 VC to receive ADGM license
The VC has earmarked USD 100 mn to invest in decentralized sectors
Dubai’s UMPC invests USD 550 mn in Argentinian lithium project
The project also aims to develop the lithium into value-added products
Masdar, Hidroelectrica to expand partnership
The firms will share equal ownership in the JV
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