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Logistics (MENA) 
THIS MORNING: Fuel prices up in July + Joby Aviation completes first air taxi test flight in Dubai
Plus: DFM hits 17-year high
How much of the UAE’s oil flows through the Strait of Hormuz, and what are the alternatives?
Adnoc exports nearly half of its oil through the strait
Emirates Properties Group launches AED 350 mn Dubai project + Emaar Misr plans another Egypt project
Plus: WeRide and Uber to test self-driving vehicles in Dubai this year
AD Ports inks three agreements with Asry for marine services in Bahrain
The two parties have linked up to expand shipyard capacity, investment in ports and green ship recycling efforts
AD Ports’ Kezad expands Al Ma’mourah project with business district
Plus: Emaar gets a credit rating upgrade from S&P Global
DHL to invest over EUR 500 mn in the Middle East with a focus on the UAE and Saudi
The company is eyeing several sectors, including energy, life sciences and healthcare
Adnoc L&S forms USD 531 mn petrochemical exports partnership with Borouge
The 15-year contract will boost petrochemical production and exports, while saving over USD 50 mn in operational costs in the…
Dutco + Sweid & Sweid to build Dubai’s largest private-owned logistics park
Terralogix will span 3.3 mn sqft and is slated for completion in Q3 2026
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