E-COMMERCE-

HSBC + Geidea launch Omni Collect: HSBC UAE has partnered with Saudi-based fintech outfit Geidea to launch Omni Collect, a new e-commerce digital payment platform designed to streamline digital payments for businesses in the UAE, according to a statement. The platform aims to simplify the process of receiving digital payments for corporate businesses, making it easier to accept payments from various channels like credit and debit cards, as well as e-wallets like Apple Pay and Samsung Pay, according to a separate press release.

SHIPPING + MARITIME-

Egypt boosts its commercial fleet: Egypt’s National Navigation Company (NNC) has reportedly added to its fleet a Chinese-owned bulk carrier, the Gia Ambition, with 85k dwt, worth around some USD 39 mn, Splash reports.

NCC has been busy: NNC also inked an agreement in April with China’s Hantung Shipyard to construct two 82k-ton dry bulk cargo vessels, slated for delivery by 2026. The vessels will facilitate in transporting goods, particularly wheat, for the General Authority for Supply Commodities (GASC).

OTHER STORIES WORTH KNOWING THIS MORNING-

  • Karachi-Mashhad flights to resume: Iran’s Taban Airlines is resuming direct flights between Mashhad, Iran and Karachi, Pakistan starting 11 June. Iran Air will also continue its weekly flights from Tehran to Karachi on Mondays. (IRNA)
  • Iraqi Airways welcomes CRJ 900 back to its fleet: The Iraqi Transport Ministry has announced the return of a CRJ 900 aircraft to its fleet. (INA)
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