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NMDC Group to invest nearly USD 2.4 bn into India’s Vadhvan port
The USD 9 bn Vadhvan Port is set to expand the country’s export capability significantly
THIS MORNING: NMDC to IPO logistics unit? + ADX, CBUAE agree to settle trades in AED
Plus: UAE is set to benefit from soaring LNG demand in India
Hafeet Rail inks contracts for freight wagons, logistics facilities, and transport of raw minerals
Plus: Alef Education expands AI learning solutions in Indonesia
Logic Holding acquires majority stake in Nexel to expand GCC presence
The exact size of Logic’s ownership in Nexel was not disclosed
UAE cabinet greenlights new federal logistics council, cybersecurity strategy, and more
The cabinet also approved a new talent attraction strategy
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
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