Abu Dhabi / WAM AD Ports group has signed a memorandum of understanding with Tosyalı, one of Türkiye’s largest private steel producers, which has operations in three continents. The MoU looks to establish the framework for AD Ports group to collaborate with Tosyalı on a broad range of shipping, logistics, ports, and freight forwarding services, including potentially jointly investing …

  Dubai / WAM Moody’s upgraded DP World’s ratings, signaling confidence in the company’s business and future prospects. The upgrade follows two major investments in 2022 at DP World’s flagship UAE assets: Jebel Ali Port, Jebel Ali Free Zone, and National Industries Park. The investments, which totaled $7.4 billion, were made by Canadian investment fund CDPQ in May and Saudi …

RAHIM YAR KHAN / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Wednesday arrived in the city of Rahim Yar Khan during his visit to the Islamic Republic of Pakistan. Upon his arrival at the airport, His Highness was received by Pakistani Prime Minister Shehbaz Sharif, and a number of ministers and senior officials. During the meeting, …