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CMA CGM completes $5.2bn acquisition of Bolloré Logistics

French shipping company CMA CGM has completed the largest acquisition in its history with the €4.85bn ($5.24bn) purchase of Bolloré Logistics from The Bolloré Group. The purchase includes the entirety.

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CMA CGM Will Not Raise Bid for UK Logistics Company Wincanton

CMA CGM’s CEVA Logistics confirmed that it will not be pursuing Wincanton reporting in a stock exchange filing that it will not set aside its previous final cash offer. The.

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Aldar Expands UAE Logistics Business

Aldar Properties, one of the leading real estate developers, investors and asset managers in the UAE, is investing a further AED 1 billion to expand its logistics real estate business.

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Red Sea Global Partners with Amazon Payment Services

Amazon Payment Services, a regional leader in digital payments across the Middle East and North Africa (MENA), has announced a partnership with luxury tourism developer Red Sea Global (RSG), the.

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E-Commerce Leads European Beauty Sector Growth

In March, Paris became the focal point for global beauty industry leaders at the CEW France’s ‘Beauty Business’ meeting. Claire Marty, Vice President Global Beauty Vertical at Nielsen IQ, spotlighted.

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Hong Kong Air Cargo Continues E-Commerce Growth

Hong Kong Air Cargo has launched a new e-commerce airfreight route between Hong Kong and Riyadh, Saudi Arabia. The carrier will operate two weekly cargo flights from Hong Kong International.

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KSA Teams with Top Architects for Tower in Riyadh

Saudi Arabia is working on a 2km skyscraper with a renowned architecture firm, according to a report. The industry report said a PIF-backed project is being developed alongside Foster +.

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Emerson to Address Data Barriers and Modernise Operations

As many companies wrestle to extract full value from their digital transformation efforts, the limitations of today’s automation architecture are being realized. Technology stacks built around each functional department –.

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International SOS Data Throws Light on Climate Change

International SOS, the world’s leading health and security services company, recently highlighted insights from the International SOS Risk Outlook 2024 report, shedding light on the profound impact of climate change.

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Dubai Mall Becomes Most Visited Place on Earth

Dubai Mall welcomed a record 105 million visitors in 2023, a jump of over 19% on the previous year’s 88 million; sales were also exceptionally strong in 2023. New figures.

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