Business

BUSINESS • 21 SEPTEMBER 2026HarborLink Logistics and Meridian Cargo form Gulf joint venture for multi-use terminalThe partners will develop a phased container and dry-bulk facility under a new holding company, subject to regulatory approvals.DUBAI — HarborLink Logistics Ltd. and Meridian Cargo Holdings Plc agreed to form Gulf Axis Terminals LLC to develop and operate a multi-use terminal at a Gulf port site. HarborLink will own 55 percent and Meridian 45 percent. Phase 1 capital expenditure was described as $1.8 billion to $2.2 billion, covering berth construction, yard equipment and a first warehouse cluster. Permits, environmental assessments and competition review remain ahead.Global Brief Staff • 21 September 2026 • Placeholder story for stagingSECTION ROUNDUP — MORE BUSINESS DISPATCHESNorthbridge Solar and Atlas Fabrication agree factory expansion in Maghreb industrial zoneSahel Agro Processing to acquire minority stake in ColdChain Express HoldingsLumina Telco wins provisional 5G spectrum block in regional auction