TRADE-

DP World + PayPal partner on cross-border payments: Dubai-based port operator DP World signed an MoU with global payments platform PayPal to roll out a digital payments initiative that will streamline and accelerate international trade transactions, according to a statement. The platform will enable faster cross-border settlements — in minutes rather than up to a week — for global merchants, shippers, and exporters.

REMEMBER- PayPal plans to invest USD 100 mn across the Middle East and Africa, targeting fintech, e-commerce, and logistics ventures in high-growth markets. The firm opened its first regional hub in Dubai in April to expand cross-border payment capabilities.

TRUCKING-

Al Sayegh, Triton EV to build electric truck plant in Abu Dhabi: UAE-based conglomerate Al Sayegh Group signed an agreement with US manufacturer Triton EV to establish an electric truck plant in Abu Dhabi, according to an Abu Dhabi Chamber statement. The facility will act as a regional hub for the GCC and African markets and support Abu Dhabi’s push into sustainable mobility and advanced manufacturing.

FREIGHT FORWARDING-

Syria is in the market for a national freight platform: The Syrian Transport Ministry issued a request for information (RFI) for the development and operation of a national platform for managing land freight transport, under a public-private partnership (PPP) model, according to a statement published last week. The proposed platform — which aims to connect all stakeholders in the transportation supply chain — will provide real-time shipment tracking, document management, and other services. The deadline for responding to the RFI is 1 December 2025.

PORTS-

Asyad reviews financials of consultancy tender submissions for Duqm port project: Oman’s Asyad Group has opened submissions for financial bids for a consultancy tender covering the engineering, feasibility studies, and future tendering support for the drydock expansion project at the Port of Duqm, Zawya reports. Bids were submitted by Omani firm AZD Engineering Consultancy, Kuwait’s Engineering Systems Group, NJP Oman, as well as Dubai’s Lloyds Engineering.

We knew this was coming: Technical bids opened in June, with the above players submitting their proposals. This followed a launch for tenders for a feasibility study of the expansion of the Duqm port drydock back in May.

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