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Logistics (MENA) 
Noatum acquires Egyptian maritime services provider Safina
AD Ports acquired a 70% stake in Safina’s parent company IACC Holdings in 2022
THIS MORNING: AD Ports close to finalizing Izmir Port acquisition? + Gov’t launches 3Q clean energy certificated auction
Plus: RedBird IMI narrows down shortlist for Telegraph and Spectator acquisition
Mubadala-backed Total Parco to get a new shareholder
Plus: More from Ripple, Ziina, DIB, Flydubai, and Burjeel
AD Ports taps Mohamed Alsuwaidi as new chairman + United Hospitality Management has a new VP of operations
Alsuwaidi is the UAE’s Investment Minister and CEO of ADQ
Two Egyptian financial services firms are expanding to the UAE
PLUS: Abu Dhabi breaks ground on first phase of AED 9.3 bn housing project
Dubai AI cluster is now online
PLUS: PureHealth launches Sakina, a mental health platform + SIB joined e&’s blockchain trading platform, Haifin
AD Ports to upgrade Bangladesh’s Chittagong ports
Plus: MBZ-SAT is set to takeoff aboard SpaceX rocket post-October
AD Ports inks 20-year concession to manage and upgrade Angola’s Luanda Port terminal
AD Ports could invest up to USD 379 mn over the concession’s lifespan to develop the terminal
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