Rahaal uptakes a 70% stake in the Emirati arm of freight forwarder Overseas Development Company for AED 7.8 mn, after negotiating down the original AED 13.3 mn consideration
Author Archives: enterpriseam
TODAY: Budget Saudi subsidiary acquires Overseas Development’s UAE arm
What we’re tracking this morning regionally and around the world
JANUARY 202520-24 January (Monday-Friday): World Economic Forum Annual Meeting, Davos, Switzerland.27-29 January (Monday-Wednesday): World Cargo Summit, Ostend, Belgium.28-29 January (Tuesday-Wednesday): Green Shipping Summit, Rotterdam, The Netherlands.29-30 January (Wednesday-Thursday): ShipTek International Conference, Dubai, UAE.FEBRUARY3-5 February (Monday-Wednesday): Middle East Bunkering Convention, Dubai, UAE.4-5 February (Tuesday-Wednesday): Seatrade Maritime Qatar, Doha, Qatar.4-5 February (Tuesday-Wednesday): Airport Expansion Conference, Riyadh, Saudi […]
TODAY: Big investments flowing into Iran’s maritime sector + ADFD supports Maldivian airport development
What we’re tracking this morning regionally and around the world
ADFD extends another loan for Maldivian airport development
The fund provided an earlier loan of AED 183.5 mn in 2017
Iran inks USD 1.86 bn worth of contracts for port and maritime development
The agreements will enhance maritime trade capabilities, expand port facilities and infrastructure
Russia ramps up the use of crypto in foreign trade + Somalia launches the New Mogadishu Development Corporation
Stories on our radar this morning from around the world