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Seventeen logistics firms received awards at the UAE’s Landmarks in Logistics 2023
The UAE’s Landmarks in Logistics Awards 2023 has awarded 17 regional logistics companies for their work in logistics and supply…
GWC’s net income saw 12.7% y-o-y decrease in 3Q 2023
The company’s been expanding and diversifying its services over the past year, according to the press release
SAL Saudi Logistics Services is set to IPO 30% stake on Tadawul
The book building process will kick off on 25 September
Egypt awards fresh contracts for container terminals + expects to award logistics zone contract today
The country is looking to boost trade with Libya and expand port infrastructure as part of wider plans for the…
Kuwait Airways to lease new aircraft amid planned expansions + Kuwait’s HEISCO inks maintenance service agreement. PLUS: More from the UAE, Jordan, and Adnoc L&S
AVIATION- Kuwait Airways is planning to lease eight Airbus 321 neo aircraft passenger jets over the next decade, Reuters quotes…
The global logistics market is experiencing a “reset” as carriers lose the high ground
Air freight and maritime shipping firms are in for a reckoning amid weakening demand and a global “reset” in trade…
AD Ports records marginal growth in net income in 2Q 2023
The company benefited from new company and terminal acquisitions, though had muted bottomline growth due to related debt and costs…
Agility reports 11.7% y-o-y drop in net income in 2Q 2023 due to expansion-related debt
The company’s bottomline fell due to additional debt incurred to finance its acquisitions
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