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Fujairah, Egypt sign energy pacts on oil storage and logistics
The two sides signed three agreements on the sidelines
THIS MORNING: XRG reaches final investment decision on Mozambique LNG facility + RAK to get autonomous taxis
Plus: BlueFive Capital, Sriwijaya Capital eye Southeast Asia-focused investment corridor
KKR buys into Adnoc’s gas pipeline network
Adnoc Gas Pipeline Assets operates 38 pipelines and two export terminals in the UAE
THIS MORNING: Gulftainer eyes USD 1 bn in investments in Egyptian ports + UAE investors eye acquisition of port in Bangladesh
Plus: Ducab’s recently acquired Salalah plant to lift output by 10%
THIS MORNING: Fuel prices rise in October + Spinneys ventures outside of the Gulf with first stores in Philippines
Plus: Keeta plans mns of USD in investments in the UAE
THIS MORNING: Gems Education eyes Saudi school operator + Air taxis to hit Ras al Khaimah’s skies in 2027
Plus: Abu Dhabi earmarks AED 42 bn for livability strategy
THIS MORNING: New Emirates Road upgrade to cut Dubai-Ras Al Khaimah travel time + Dubai approves autonomous heavy vehicle regulations
Plus: Net sentiment for the banking sector fell 11%
XRG finalizes acquisition of stake in Rio Grande’s LNG facility
First announced in May last year, the agreement was finalized through an investment vehicle of Global Infrastructure Partners
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