The Dubai operator and Ogun State signed an MoU to build a USD 7 bn deep-sea port and industrial zone big enough to take ships the congested Lagos corridor can't handle. Qatar's Lesha Bank, meanwhile, ...
With Airbus and Boeing backlogs past 11 years, Gulf lessors are buying leased fleets instead of waiting for new jets ...
The European Commission approved Germany’s Aequita taking sole control of Sabic Europe, finding no competition concerns under its simplified review, clearing the way for the sale to close. It is the ...
The Dubai-based operator and Ogun State signed an MoU to build the Gateway Deep Sea Port alongside Blue Marine, a 10k-hectare industrial zone, with the two pegged at more than USD 7 bn in initial ...
DP World’s Cochin terminal has a new direct service to Gulf markets that stays clear of Hormuz. The new MGR IFR service out of DP World’s International Container Transshipment Terminal (ICTT) in ...
Brussels just lowered the winter storage bar to 80%, down from 90%, and the question is whether Europe clears even that ...
The dispute over Mopani is the second time in a year that an Abu Dhabi miner has clashed with an African host government ...
The industrial land is what sets this apart from another port agreement. Blue Marine is meant for manufacturers and export businesses so that goods can be made right where they ship. Ogun says openly ...
Edward Bell (LinkedIn) is leaving Emirates NBD for MUFG, where he will head the Japanese bank’s research for the Middle East and North Africa, according to a statement (pdf). Bell spent more than a ...
REFRESHER-The National Debt Management Center (NDMC) said in May that it had largely finished its borrowing for the year, with 90% of financing needs secured before the war. While the NDMC named ...
The UAE just got its first mobile concrete mixer, courtesy of UK-founded Spotmix, and Dubai had to invent a new license to let it on the road. Dubai Municipality created a license category ...
Saudi Arabia’s merchandise trade surplus narrowed 25% y-o-y in July, with exports down 17.2% and imports down 15.4%, according to Gastat figures (pdf). “The decline reflects a combination of weaker ...
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