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Logistics (MENA) 
Adnoc begins crude oil production from Belbazem offshore block
PLUS: DP World to boost container handling capacity globally
DP World to build new grain and fertilizer terminal at Brazil’s Santos Port + boost global handling capacity by year’s end
The new terminal is set to handle 12.5 mn tons per year
The first UAE bond ETF goes live today + RedBird IMI has another week to save its Telegraph acquisition
Good morning, lovely people. We have a packed issue for you this morning, with plenty of news from Mubadala —…
AD Port acquires majority stake in Georgia’s Tbilisi Dry Port
The project is slated for completion by 4Q 2024
Dubai-based sustainable sailing club secures USD 1 mn in pre-seed funding
PLUS: Positive Zero and Schneider Electric to ramp up adoption of clean energy technologies in UAE and Oman
Du secures fintech license + Dubai is getting a new university
Plus: Infrastructure, healthcare, real estate, energy, logistics, and sports news
Barakah One’s AED 8.89 bn refinancing gets green loan label
Plus: More sustainability initiatives from dnata and Etihad airways, and logistics news from DP World and NeoNautica
Aramex sets up regional HQ in Riyadh + HK’s Infiniti Capital Management opens Abu Dhabi office
Aramex first announced plans to set up a regional HQ in Saudi Arabia in 2021
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