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TRADE-

#1- Qatar’s Chamber of Commerce inked an MoU with its Kosovian counterpart to encourage and establish trade ties, QNA reported on Saturday. Under the agreement, the pair will swap economic information, collaborate to host exhibitions, organize exchange visits and facilitate joint meetings for local enterprise.

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#2- RAK + China boost trade ties: UAE’s Ras Al Khaimah (RAK) inked an agreement with China’s Guangdong Province to strengthen cooperation across several sectors, including digital economy, manufacturing, smart cities, and tech innovation, according to a statement released on Friday.

AVIATION-

Etihad Cargo extended its MoU with the Industry and Advanced Technology Ministry to provide preferential air cargo rates for In-Country Value (ICV)-certified companies, according to a press release. Under the agreement, ICV-certified companies will receive a 25% reduction on air cargo tariffs, facilitating their operations within the UAE and enhancing access to international markets. This builds on the original agreement established in 2021.

STORAGE + WAREHOUSES-

BIM launches logistics hub in Morocco: Turkish retail chain BIM has launched a fourth logistics facility with Morocco’s Trade and Industry Ministry in Marrakech, Morocco World News reports.

Details: The facility is 16k square meter and has an investment ticket of AED 150 mn. It aims to improve supply chain efficiency, reduce delivery times and contribute to regional socio-economic development, according to the newswire. The facility is part of an initiative backed by a AED 1 mn investment over the next three years to expand Morocco’s logistics network.

About BIM Maroc: The Turkish retailer operates three logistic centers and 668 stores in Morocco, according to the company’s financial presentation (pdf).

OTHER STORIES WORTH KNOWING THIS MORNING-

  • DP World expands Green Marine program: DP World Canada has added three new terminals based in Vancouver, Nanaimo and Saint John to its Green Marine program. (Statement)
  • Iran + Russia look to boost transport ties: Iran and Russia have agreed to expand ties in road, rail, and air transportation, and reviewed their efforts to collaborate on the construction of the Rasht-Astara railway line as part of the North-South Transport Corridor. (IRNA)
  • Qatar expands flag carrier networks to St. Kitts and Nevis: Qatar’s Transport Minister and Saint Kitts and Nevis signed an air services agreement and open skies MoU to expand networks for Qatar’s flag carrier airlines. (Statement)
  • PCFC launches Dubai Logistics Academy: Dubai’s Ports, Customs, and Free Zone Corporation has launched the Dubai Logistics Academy to boost skills and competence in the logistics sector. (Statement)
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