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06 Mar 2026
Oxa, a UK-based self-driving startup, has raised USD 103 million to scale its autonomous vehicle technology for industrial use, including ports, airports, and warehouses. Key investors include the UK National Wealth Fund, Nvidia's NVentures, and BP Ventures. The company focuses on industrial mobile autonomy, which is less complex than passenger vehicles, and can make heavy-duty trucks autonomous in under a day. The funding will support operations with partners like DHL, BP, and Vantec, and fund upcoming project deployments, bringing total investment raised to over USD 250 million.Read more
05 Mar 2026
Japan and the United States are exploring the inclusion of a nuclear power project in the second phase of Japan's 550 billion USD investment package. The project is expected to involve Westinghouse and aims to strengthen energy supply chains amid ongoing Middle East tensions. Talks may be formalized when Japanese Prime Minister Sanae Takaichi meets U.S. President Donald Trump later this month. Other potential projects include a copper smelting and refining facility. Japanese companies such as Mitsubishi Heavy Industries, Toshiba, and IHI could participate, while U.S. and Japanese officials continue consultations.Read more
05 Mar 2026
Amazon has temporarily shut down its Abu Dhabi warehouses and halted delivery services due to rising Middle East instability. The decision, shared in an internal memo this week, has led to delays in customer orders and returns. Employees in Saudi Arabia and Jordan have been asked to stay indoors, while many are working remotely. Travel to Israel and Lebanon is restricted. Nearly 300,000 third-party sellers face shipment challenges, and a regional data center experienced a power outage. Amazon's regional logistics network, built since the 2017 Souq.com acquisition, remains under close monitoring.Read more
05 Mar 2026
Abu Dhabi Ports Group has confirmed that its operations across the maritime and shipping sector are expected to face limited disruption despite recent regional developments. The company stated that most of its 122 multipurpose vessels are operating outside the Strait of Hormuz, while intra-Gulf services continue within the strait. Trading routes are being adjusted in response to the evolving situation. The group also anticipates growth in volumes across its global maritime network. Its economic cities, free zones, and logistics clusters are projected to experience minimal effects, maintaining business continuity.Read more
05 Mar 2026
Baltic focused property investor EfTEN Real Estate Fund AS finalised the sale of its Latvian logistics subsidiary, EfTEN Krustpils SIA, earlier this week, receiving EUR 5.6 million in net proceeds. The business held the DSV logistics building in Riga and was sold to Latvian buyer ROLANDS S, SIA after a deal was agreed in early February and conditions were met. The transaction price was approximately EUR 500,000 above the asset's book value, and the proceeds are earmarked for future investments. This follows recent portfolio adjustments by the fund in the Baltic commercial property market.Read more
05 Mar 2026
A consortium backed by BlackRock and Mediterranean Shipping Company is working to finalise its approximately USD 23 billion acquisition of CK Hutchison's global ports portfolio, excluding two Panama Canal terminals after Panama's Supreme Court voided their concession. The revised deal now focuses on about 41 ports across Europe, Southeast Asia and the Middle East. Panama Ports Company has initiated international arbitration against the government over the asset takeover. Discussions between the consortium and CK Hutchison are ongoing as the parties aim to close the amended transaction.Read more
05 Mar 2026
The Indian Railway Finance Corporation (IRFC) carried out a two-day External Commercial Borrowing (ECB) roadshow in Tokyo, Japan on 26-27 February 2026, aimed at broadening its access to long-term international capital and diversifying its currency profile, officials said. A senior delegation, led by IRFC's Executive Director (Finance) and Executive Director (Business Development), engaged in one-to-one meetings with Japanese regional investors facilitated by mandated lead arrangers Sumitomo Mitsui Banking Corporation (SMBC) and Mitsubishi UFJ Financial Group (MUFG). IRFC outlined its asset-liability management framework, sovereign-linked credit profile and role in financing India's railway infrastructure expansion. The roadshow also showcased the corporation's financing activities beyond the Ministry of Railways to include broader infrastructure exposure as part of its strategy to secure competitive, diversified funding at scale.Read more
05 Mar 2026
Adani Ports and Special Economic Zone has confirmed that its Haifa port infrastructure in Israel remains fully operational and secure despite recent hostilities in the region, company officials said in the past week. The affirmation comes amid heightened geopolitical tensions following the US-Iran conflict, which has disrupted air and sea logistics in West Asia. Adani Ports stated that the Haifa facility continues to handle cargo movements normally, with no impact on personnel safety, terminal operations or vessel calls. The port, a key node in regional container and logistics networks, is managed through a concession agreement with Israel Shipyards, and has been operational since 2024. The company said it maintains close liaison with local authorities and security personnel to monitor conditions continuously and ensure uninterrupted services for shipping lines and trade partners. The statement underscores the resilience of port infrastructure in conflict zones and provides assurance to global freight stakeholders reliant on Gulf Mediterranean maritime links.Read more
05 Mar 2026
Bangladesh's new government has decided to continue the power purchase agreement with Adani Power signed in 2017, which supplies about 1,400 MW of electricity, roughly one tenth of the country's daily demand. Despite past criticism over cost and fairness, authorities are prioritising stability and reliable electricity supply. Outstanding dues from previous years have been progressively cleared, helping normalise operations. While the Adani deal remains in place, the government is reviewing other private power contracts to ensure balanced and sustainable terms for the energy sector, addressing past concerns about transparency and costs.Read more
04 Mar 2026
The United Arab Emirates real estate sector, especially in Dubai and Ras Al Khaimah, has been impacted by recent regional attacks that directly affected parts of the country and rattled investor confidence in a market long viewed as stable. Developers and brokers say sales and deal closures have slowed as buyers wait for more clarity. While strong demand and record sales in the past year had underlined the market's appeal, many investors are now pausing decisions amid heightened risk perceptions. Industry experts believe the slowdown could be temporary if tensions ease.Read more