Blackstone and Abu Dhabi-based Lunate launch GLIDE, a $5bn platform to develop and acquire Grade A logistics assets across the GCC
logistics and distribution
Latest in logistics and distribution
ADQ
Sibuet takes over as Aramex Acting CEO after AlJeda resigns
Acting CEO brings over 30 years of experience in the logistics, shipping, oil & gas, and aviation industries as AlJeda resigns for personal reasons
Dubai South
Dubai South, UPS forge partnership to establish new logistics facility
The new facility is part of UPS’s strategic expansion in the region
Dubai
Arvato opens regional logistics HQ in Dubai CommerCity to expand e-commerce services
The company said its strategically located 3,300 sqm headquarters in Dubai CommerCity will ensure seamless connectivity and efficient transportation of goods within the region and beyond
ADNOC
ADNOC L&S adds 20 offshore assets as 9-month revenues climb to $1.67bn
ADNOC L&S has seen significant growth in 2024 as it added to offshore asset
logistics
Saudi Supply Chain and Logistics Conference sees $2.2bn of deals
Saudi Arabia’s Supply Chain and Logistics Conference 2024 witnesses 91 agreements
Global Logistics Services
Global Logistics Forum 2024 in Saudi Arabia sees $4.3bn of deals signed
Global Logistics Forum 2024 in Riyadh, Saudi Arabia saw massive deals and transport and logistics experts from around the world in attendance
Abu Dhabi
Abu Dhabi Airports joins cross-industry network Pharma.Aero as ME strategic partner
The collaboration with the network to help build on the emirate’s growth as a global healthcare and life sciences hub
acquisitions
GFH Financial Group acquires Ohio distribution facility in $100m deal
Purchase marks more than $300m invested in GFH’s North American and European logistics operations, while the company boasts over $12bn of assets under management globally
