STORAGE + WAREHOUSES-

Egypt’s Supply and Internal Trade Ministry has inked a USD 56 mn agreement with the French Development Agencyto develop six grain silos in six governorates, according to a statement. The grain silos will have a total storage capacity of 420k tonnes. The project will also involve providing state-of-the-art technology to digitally link trade between governorates to facilitate follow-up, monitoring, and distribution.

DATA CENTERS-

Schneider Electric and Saudi tech company DataVolt have signed an agreement to partner on data center sustainability and innovation, according to a statement released on Thursday. The partnership will involve exploring joint initiatives within DataVolt’s sustainability strategy and decarbonization roadmap, as well as advanced digital infrastructure and energy management solutions for hyperscale data centers in KSA. Schneider will also support DataVolt by contributing to a more sustainable data center industry in KSA, develop future-proof data centers that meet ever-growing demand for hyperscale computing power, and optimize energy usage while minimizing operational costs for the data centers, the release said.

ZONES-

Böllhoff expands into Morocco:German industrial giant Böllhoff plans to expand its industrial activities in Morocco over the next five years after inking a partnership agreement with Moroccan integrated industrial platform Midparc, MAP reported last week. This is the first time a German investor specializing in assembly technologies and logistics solutions has set up shop in the kingdom, Industry and Commerce Minister Ryad Mezzour said. Böllhoff is the latest in a wave of international companies settling into Midparc, including Spanish aerospace company Aciturri, aircraft manufacturer Boeing and Stelia Maroc.

ICYMI- Morocco’s Midparc aviation cluster inked an agreement last week with Canada-based aerospace parts subcontractor Shimco to establish a 1.3k sqm facility at the Nouaceur freezone.

OTHER STORIES WORTH KNOWING THIS MORNING-

  • Qatar Airways + Aer Lingus enter codeshare partnership: Qatar Airways and Aer Lingus have launched a codeshare partnership to expand their customers' access to new destinations and connect the two airlines’ flights through Dublin, London, and Manchester. (Statement)
  • DP World launching MoorMaster in Chile port:DP World is set to launch in the first half of 2024 its state-of-the-art automated ship mooring system MoorMaster NxG in Chile’s San Antonio terminal. (Statement)
  • Saudia Cargo partners with RTS:Saudia Cargo has implemented revenue management solution Velocity, pricing solution AcceleRate, and revenue planning solution Foresight from Revenue Technology Services (RTS). (Press release)
  • CMA CGM Group unveils loyalty programme: French shipping and logistics giant CMA CGM Group has launched SEA REWARD, a loyalty program that aims to “redefine customer experience in the shipping industry.” (Press Release)
  • Air Arabia flies to Basra: UAE budget airline Air Arabia is launching three weekly direct flights from Sharjah International Airport to Iraq’s Basra International Airport starting 3 June 2024. (Press release)
  • Comprehensive banking system introduced at Iraqi ports: Iraq has launched a comprehensive banking system at its sea, air, and land border ports as part of efforts to automate ports and customs operations. (INA)
  • Menzies steps into the Netherlands: Following a two-decade collaboration with Shell Aviation in the UK, Menzies Aviation ’s fuels team is now expanding to the Netherlands with into-plane fuelling (ITP) at Eindhoven, Rotterdam, the Hague, Maastricht, and Lelystad airports. (Statement)
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