Construction & Real Estate

Mawani signs $262m logistics expansion deals at Jeddah port

Saudi Ports Authority (Mawani) has signed seven contracts worth a total of SAR1 billion ($262 million) with national and international companies for the construction and expansion of logistics centres at Jeddah Islamic Port and the Al Khumra logistics zone....

Construction & Real Estate

AD Ports acquires top Brazilian port terminal operator for $835m

AD Ports Group has announced that it has acquired Brazil’s leading independent agri-bulk port terminal operator Corredor Logística e Infraestrutura (CLI) at an enterprise value of AED3.1 billion ($835 million). This CLI deal gives AD Ports Group an entry point into Latin America. ...