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Logistics (MENA) 
AD Ports names MAG Group as lead developer for Marsa Zayed
The first phase will consist of 1.2 km of Red Sea beachfront
AD Ports to develop logistics park in Egypt’s Alexandria Port
ALSO- Ras Al Khaimah will welcome 12 new real estate projects this year, courtesy of Rak Properties
Eagle Hills set to develop the EUR 12 bn Grand Budapest
ALSO- Arco acquires stake in Laing O’Rourke Joinery to expand UAE operations
Dubai-based Teammates.ai launches new AI agents to handle entire job functions
ALSO- EGA completed the construction phase of the expansion of its US-based subsidiary focused on aluminum recycling, Spectro Alloys
Shuaa Capital secures USD 300 mn facility to develop marine operations
The financing will be used to develop the OSV operations of Shuaa’s second-tier subsidiaries
ASK Private opens up office in Dubai
ALSO- Catalyst makes three direct investments in global startups
ADQ wants to snap up all of Aramex
The acquisition would value Aramex at AED 4.39 bn
ADIB Capital launches European logistics-focused Sharia-compliant fund
The fund will focus on ESG-compliant logistics assets across Western Europe
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