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DP World and Ogun State eye new Nigeria deep-sea port
The highway financed for Lekki Port could end up serving two deep-sea ports
DP World’s Cochin terminal skips Hormuz with new service, CBD plugs into Europe’s digital payments experiment, ADX widens its regional trading web, Mubadala partners with Together AI, Abu Dhabi and Singapore widen dealmaking lane
The route will stop at Fujairah and Sohar — two stops outside the Strait of Hormuz
THIS MORNING: UAE is lining up another USD 25 bn in investment for India + regional crude exports on track for strongest month since war began
Plus: The AI rollout is coming to Abu Dhabi courts
Seviora and FAB link up, another Chinese bank expands to DIFC, and AÏZA raises funds for Saudi expansion. Plus: More warehousing capacity at Kezad
FAB will look into distributing Temasek’s asset manager’s strategies to its clients
Etihad Rail Freight + AD Ports set up Abu Dhabi-Fujairah service
The move is part of the inland piece of the puzzle to hedge against future Hormuz disruption
THIS MORNING: L’imad eyes stake in cargo giant + UAE, Oman eye Hafeet Rail trials in 4Q 2027
Plus: A new platform will give Dubai authorities more visibility over their cybersecurity posture
THIS MORNING: Adia, Lunate eye a hefty piece of Indian bourse’s USD 2.7 bn IPO + DP World plans truck fleet expansion amid Hormuz disruption
Plus: Did Emirates just clinch its long sought-after Berlin slot?
More big moves from Gulftainer, EGA, and Borouge + India’s PhonePe lands in the UAE
The port operator is making a strategic investment in Suksawat Terminal
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