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Logistics (MENA) 
Adnoc L&S finalizes acquisition of 80% stake in Navig8, secures more funds for further investments + Shuaa offloads Saudi assets
The remaining 20% is expected to be obtained in 2027
Union Properties breaks ground on its AED 2 bn Dubai-based development
Plus: Drydocks World opens multi-mn USD expansion facility in Dubai
Amea’s solar plant in Egypt gets fast-tracked
Plus: Elite Group Holding will develop a 1 mn sqm automotive facility in Dubai Industrial City
Mashreq advises on Turkish Vakıfbank’s USD 870 mn loan facility
Plus: Modon and Four Seasons inaugurated a five-star hotel in Morocco
AD Ports + CMA CGM launch new container terminal at Abu Dhabi’s Khalifa Port
The facility will expand the port’s total container capacity by 23%
Enersol finalizes its USD 45 mn acquisition of EV Holdings + Aldar acquires AED 2.3 bn DIFC tower
PLUS: Aldar acquires DIFC tower for AED 2.3 bn
Locad secures USD 9 mn in pre-series B funding
The funding will be used for expansion purposes
THIS MORNING: VC and PE funding to triple by year’s end? + Adnoc L&S to invest USD 5 bn over five years
Plus: Sharjah’s biggest solar plant to go live before next summer
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