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THIS MORNING: G42 explores raising bns of USD from outside investors + UAE and Qatar are adding LNG to ship-to-ship transfer play
Plus: Nigeria, UAE talk to adding 5 GW to Nigeria’s power push
Mubadala Capital takes majority stake in US freight broker Arrive Logistics
The transaction gives Mubadala Capital control of one of North America’s largest truckload brokerages as it continues reshaping its global…
THIS MORNING: UAE authorities are probing Binance on “third-party” fund flows, reports say + UAE-Russia trade services agreement enters into force
PLUS: DP World moved 500k TEUs across the GCC via road and rail since March
Fujairah freezone in Alamein, UAE firms expand in Southeast Asia and Australia, and contract lands for DWC project
All products from the 737.9k sqm zone are slated for export
THIS MORNING: Adnoc to trim Asia sales + Space42 looking to double revenues by 2030
Good morning, everyone. The UAE’s détente with Iran has come to an abrupt end, with the fallout coming at a…
THIS MORNING: Fujairah workaround attracts Aramco attention + AD Ports’ tender clock starts
Plus: IRGC reportedly detains UAE-linked tanker in Hormuz
L’imad moves for full control of AD Ports as capital needs rise
Coming after Taqa, the move points to a broader push to bring strategic, capital-intensive assets fully under L’imad’s control
THIS MORNING: BMI sees turbulence ahead + Adnoc keeps selling through the squeeze
Plus: Occupancy rates at DIEZ Authority’s three zones came in at 96%
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