Logistics DHL to invest $500m in the Middle East US logistics company DHL is planning to increase its presence in the Middle East, targeting the rapidly growing markets of the UAE and Saudi Arabia. It intends to invest more than €500 million ($572 million) in the region as part of its 2030 strategy plan. The expansion spans all four of DHL’s divisions – Express, […] June 11, 2025
Logistics Agility gets $500m loan to support expansion Logistics company Agility Global has secured a $500 million loan to support its ongoing operations and expansion plans. The three-year facility, with specific extension options, was secured from a regional bank, the company said in a statement to the Abu Dhabi Securities Exchange. The name of the lender was not disclosed. In March, Agility said […] June 10, 2025
Logistics China’s Meituan to expand drone delivery service in Dubai Chinese company Meituan is expanding its drone delivery service in Dubai, its first overseas test market. The company will launch up to three new routes for drone deliveries in the second half of the year with the potential to add more, vice president Yinian Mao told Bloomberg News. The service will be offered on the […] June 9, 2025
Logistics DP World targets deals in Turkey and Eastern Europe Global ports operator DP World is exploring acquisitions in Turkey and Eastern Europe as part of its growth plan, a media report said. “We are exploring markets,” The National newspaper reported quoting executive vice president of East Europe Kris Adams. The container market in Eastern Europe is fragmented, with consolidation required, Adams said, adding that the […] June 4, 2025
Logistics Oman and Kazakhstan set up logistics and mining companies Oman and Kazakhstan have agreed to set up two companies to widen their investment and economic ties. The agreement was signed during the visit of Oman’s Minister of Finance Sultan Al Habsi in Astana. “These two companies in logistics and mining will widen our investments and economic portfolios as we look to establish common ground […] June 3, 2025
Infrastructure Dubai to build Ghana’s first economic zone The government of Ghana has signed a memorandum of understanding with Dubai state-owned entity Ports, Customs and Free Zone Corporation (PCFC) to establish an economic zone and digital incubator in Ghana’s capital Accra. The move is intended to attract foreign investment to West Africa and accelerate Ghana’s goal of becoming a regional technology powerhouse, the […] June 3, 2025
