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What we’re tracking this morning regionally and around the world
Author Archives: enterpriseam
Posted inDISRUPTION WATCH
Maersk warns that the worst is yet to come as trade groups call for more commercial shipping protections
Duqm refinery looks to leverage its strategic location to capitalize on shifting trade routes.
Posted inM&A WATCH
UAE-based East Africa Gateway is reportedly eyeing a Tanzania port acquisition
The potential transaction is under review by Tanzania’s antitrust regulator
Posted inINVESTMENT WATCH
Aldar Properties invests AED 407 mn in logistics and warehousing assets in Europe
Aldar’s investments include the purchase of a majority stake in Carlyle’s investment platform
Posted inDATA CENTERS
Egypt’s SCZone greenlights development of a USD 224 mn data center
The facility will have a 2.5k server rack capacity and boost the strategic value of the SCZone
Posted inLOGISTICS HANDLING
Red Sea Global and Naqel Express partner up on logistics services
The partnership will see Naqel Express handle Red Sea’s long-haul and local transport
Posted inEARNINGS WATCH
Aramex’s income dropped 22% y-o-y in 2023
Revenues also declined 4% y-o-y during the same period