Post-Black Sea grain pact world?

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What we're tracking today

TODAY: More pressure on Ukrainian grain to come with potential extension to Eastern European countries export ban + Hapag-Lloyd charges congestion surcharge at Turkey’s Mersin’s port

Good morning, lovely people. We come to you on this fine Wednesday with the slowest news day we’ve seen in months in the logistics world, save for a few developments happening on the diplo front.

YES, BUT- We have a handy explainer on the various types of vessels cruising the world’s oceans for you — and what distinguishes them from each other — to sink your teeth into, and an insightful report from OECD and FAO on the MENA region’s prospects in agricultural trade over the next decade.

ALSO- A small programming note: Enterprise Logistics will be taking a publication holiday tomorrow in observance of Islamic New Year. We’ll be back in your inbox at the usual time on Monday, 24 July.

HAPPENING TODAY-

Poland, Slovakia, Bulgaria, Romania, and Hungary are meeting today to propose an extension to the ban on domestic sales of Ukrainian grain until the end of the year, Bloombergreports. The move comes after Russia backed outof the Black Sea grain pact with Kyiv earlier this week. The current ban, in place until mid-September due to protests from local farmers over declining prices, bans domestic sales of Ukrainian grain but allows transit shipments to other countries. “We support Ukraine in every way, but under the condition that food imports can’t distort the internal market,” Slovak Agriculture Minister Jozef Bires said.

Background: Ukraine has urged the EU to lift the ban, claiming it helps Russia exert economic pressure on the country. The European Commission had previously signaled that it would phase out the restrictions.

Ukrainian President Volodymyr Zelenskiy wants the Black Sea grain export corridor to continue even after Russia has backed out, Reutersreports. The UN and Turkey-brokered agreement, inked last year, enabled Ukrainian grain exports via the Black Sea after Russia’s invasion. Several companies and shipowners have expressed readiness to continue grain supply through the corridor, Zelenskiy said, according to spokesperson Serhiy Nykyforov. Zelenskiy instructed the Foreign Ministry to inquire about the UN and Turkey’s willingness to uphold the agreement.

Hapag-Lloyd shipments from the Middle East to Turkey’s Mersin Port are subject to a congestion surcharge: The bump to shipping costs came into effect on Monday and affects dry and reefer containers, with a surcharge rate of USD 150 per TEU and USD 300 per forty-foot equivalent unit (FEU), according to Port Technology International. Shipments to Mersin from the Indian Subcontinent and Far East are also affected by the changes.

SOUND SMART- Shipping surcharges are add-on fees applied to base shipment costs. Carriers apply surcharges to cover extra operational expenses outside their control, such as fuel price increases and additional labor costs.

Kurdistan’s two airports have resumed operations following a short four hour suspension caused by suspected drone activity in the Kurdish airspace, Arab News cites two unnamed security sources as saying. Three unidentified drones were detected by air defense radars at Erbil and Sulaymaniyah airports, a security source told Iraqi news outlet Shafaq News, without clarifying where they came from.

WATCH THIS SPACE- Iraq establishes unit to drum up investments + oversee progress on Development Road: Iraq has set up a dedicated unit to oversee progress on the country’s USD 17 bn Development Road project, Trade Arabia reports, citing Iraqi Transport Ministry spokesperson Shada Radi. The chief function of the unit will be reaching out to the GCC and other countries for contributions to the project. The 1.2k km route is expected to bolster trade between Iraq, Turkey, and Europe, Trade Arabia said.

Background: Iraq announced the Development Road project, which includes plans for high speed rail and road links connecting Iraq’s Grand Faw Port to Turkey, at the end of May. The initiative represents a major upgrade to Iraq’s logistical infrastructure and is expected to see participation from GCC partners.

DATA POINT #1- Sharjah Airport handled 70k tons of cargo in 1H 2023, while aircraft movements rose 14% y-o-y to 46.9k, according to a statement. Sharjah is home to the region’s largest budget airline, Air Arabia, and is ramping up for a USD 653 mn expansion, according to a Khaleej Times report cited by Zawya.

DATA POINT #2- Dubai’s commercial transport activities sector contributed AED 16.1 bn to its economy in 2022 and created some 242k jobs through over 7k companies, WAMreports, citing Mattar Al Tayer, director-general and chairman of Dubai’s Roads and Transport Authority (RTA). The commercial and logistical transport sector contributed AED 8.5 bn in direct contributions and AED 7.6 bn in indirect contributions to the emirate’s economy. The number of registered commercial vehicles rose 16% y-o-y to over 300k vehicles.

DATA POINT #3- Saudi Arabia’s King Abdullah Port in 1H 2023 handled a record volume of container throughput, which rose 2.3% y-o-y, driven mostly by a 98% y-o-y increase in agricultural bulk cargo handled, Saudi Press Agency reports. The port also handled 20k standard containers in 77.5 hours from MSC’s Renee vessel, and welcomed the world’s largest container ship.

ENTERPRISE IS LOOKING FOR SMART, TALENTED PEOPLE of all backgrounds to help us build some very cool new things. Enterprise — the essential morning read on all the important news shaping business and the economy in Egypt and the region — is looking for writers, reporters and editors to help us build out new publications. Today, we run four daily Egypt and MENA-focused publications, five weekly industry verticals, and a weekend lifestyle edition designed to make our readers feel just a bit smarter.

We have tons more in the pipeline — come help us build new publications. We offer the chance to work in a fast-paced newsroom on a broad range of topics and in a variety of formats. Our goal is simple: To create value for our growing community of >250k daily readers by telling stories that matter.

NEVER WORKED IN A NEWSROOM BEFORE? We have the Enterprise Business Writing Development Program. Whether you are a recent graduate, an industry vet, or looking to switch careers, the Enterprise Business Writing Development Program will give you the tools you need to tell the most important stories to our audience of C-suite officials, government ministers, diplomats, financiers, investors and entrepreneurs.

Not an internship program — a career: The three-month program will see full-time, paid participants take part in workshops and lectures from veteran business journalists on subject matter knowledge, while also working on constructing and filing Enterprise stories that will run on any of our publications. Those who have successfully completed the program, will then be given long-term job offers.

Apply directly to jobs@enterprisemea.com and mention “writing development program” in your subject line.

MARKET WATCH- Marine fuel sales at the world’s third largest bunkering hub in Fujairah fell 10.5% y-o-y to 3.55 mn tons in 1H 2023, according to Fujairah Oil Industry Zone (FOIZ) data cited by Reuters. Bunker fuel sales at the hub for June came in at about 600k tons, down 2.4% m-o-m and 6.5% lower y-o-y. These declines were in line with drops at the world’s largest bunkering hub in Singapore, where bunkering volumes hit four-month lows amid a decline in vessel traffic.

CIRCLE YOUR CALENDAR-

The fourth round of negotiations between the GCC and the UK for a trade agreement is kicking off today in London and will run till 28 July. The meetings will take place over two sessions of remote and in-person meetings, where the terms of the agreement will be discussed.

Touchdown Middle East will take place from 21-22 November 2023, in the Gulf Hotel in Bahrain. The event will be the region’s first annual data center industry conference and will bring together data center industry leaders, C-level executives and other industry influencers from across the Middle East. The event was created by The Gulf Data Centre Association (GDCA) and Kickstart Europe.

Check out our full calendar at the bottom of this email for a comprehensive listing of upcoming news events and news triggers.

MARK YOUR CALENDARS- The Enterprise Finance Forum is taking place on 18-19 September at the St. Regis Hotel in Cairo. This flagship forum is the latest in our must-attend series of invitation-only, C-suite-level gatherings that allow senior members of our community to openly and frankly discuss critical issues in key sectors of the economy.

Day one is our Banking Forum, where we’ll dive deep into topics of interest to commercial and investment bankers, from an outlook on the 12 months to come in M&A, IPO, and debt capital markets to the national, regional, and global trends that are (re)shaping our industry.

Day two is all about Fintech and Non-Banking Financial Services. We’ll take a deep dive into everything from the magic of client acquisition to the prospects of consolidation and the coming of challenger banks.

** NEW: MORE NETWORKING TIME- Our agenda includes expanded networking time, including an expanded coffee break and a post-event networking room for you to interact with your peers and speak one-on-one with the team at Enterprise.

TAP OR CLICK HERE if you want to express interest in attending. We’ll be sending out the first batch of invitations just after the 30 June holiday.

Do you want to become a commercial partner? Ping a note to Moustafa Taalab, our head of commercial, or fill out this form and we’ll be in touch.

STAY TUNED for more detail about our agenda in the weeks to come.

MISSED THE ENTERPRISE EXPORTS AND FDI FORUM? Tune in to the Enterprise Podcast to hear what went down: The Enterprise Podcast is back with another installment of our forum series, where we bring you audio recordings of what was said on stage at the Enterprise Exports and FDI Forum,which took place last May.

WANT TO LISTEN? Head to: Apple Podcast | Spotify | Google Podcast | Anghami.We’re releasing a new episode every Sunday morning.

IN THIS WEEK’S EPISODE- From deciding the target markets, to focusing on quality, marketing in new markets, and restructuring a business around exports, our panelists discuss and provide key insights on what businesses need to focus on when building an exports and FDI strategy. We were joined on that panel by Hossam Sallab, CEO and vice-chairman of Sallab Group and Royal Ceramica, Mark Wyllie, CEO of Beyti Egypt, and Kareem Abou Ghaly, the chairman and CEO of Pasta Regina.

UAE, Japan boost trade ties + KSA, Turkey agree to boost investments. PLUS: Algeria, China to cooperate on Belt + Road initiative, GCC countries agree to boost trade, and Oman, Iran discuss boosting transport cooperation

UAE + Japan eye stronger trade ties: Abu Dhabi Executive Council member Hamed bin Zayed Al Nahyan and Japanese Prime Minister Fumio Kishida witnessed the signing of 23 agreements and MoUs which look to build on strengthening trade and transportation ties, Emirati news agency WAM reports. The agreements inked came during the visit of Kishida to the UAE, where the pair also agreed to enhance collaboration in the aviation sector, Al Arabiyareported.

KSA + Turkey talk cooperation, ink bilateral agreements to boost investments:Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud and Turkish President Recep Tayyip Erdogan discussed strengthening cooperationacross several fields during a meeting this week, in addition to signing several bilateral agreements, including one to boost direct investments, the Saudi Press Agency reports.

Algeria + China agree to boost cooperation on Belt + Road Initiative: Algerian President Abdelmadjid Tebboune and China’s President Xi Jinping agreed to cooperate on implementing China’s Belt and Road Initiative (BRI) logistical corridor, according to China’s state run CGTN. Tebboune touched down in Beijing following a two-day visit to Doha, state-owned Algeria Press Service said. The visit also saw China and Algeria ink a slew of bilateral agreements on telecommunications, sustainable urban development, and trade, according to a CCTV statement cited by Reuters.

ICYMI- The Belt and Road Initiative refers to a string of infrastructural developments and investments China is looking to deploy across upwards of 70 countries, with the end goal of establishing a logistical corridor linking China’s industrial heartland to international markets. The initiative has seen China finance investments in a number of countries, although rival plans from the US and others are also underway.

GCC countries sign work program to boost economic integration: The Secretariat General of the Gulf Cooperation Council (GCC) and the Federation of GCC Chambers inked a collaboration work program to advance Gulf cooperation and economic integrationon Monday,Muscat Daily reports. The collaboration is set to increase trade among member states and global economies. It will work on this by arranging training sessions, seminars and conferences, as well as facilitate research conducted by the federation, and boost private sector cooperation between member countries.

ALSO WORTH KNOWING-

Omani Foreign Minister Sayyid Albusaidi met with his Iranian counterpart Hossein Amirabdollahian to discuss boosting transport ties and strengthening cooperation on the International North-South Transport Corridor. (Islamic Republic News Agency)

Import dependence to weigh on MENA trade over the next decade, OECD-FAO report says

The region’s food import bills could rise 30% by 2032: Production constraints and a booming population will see MENA increasingly reliant on food imports in the medium run, according to the OECD-FAO Agricultural Outlook for 2023-2032. Limited availability of arable land and scarce water resources mean that MENA — which is already among the largest net food importers in the world — is restricted in terms of food production, with the situation poised to get worse as the region is among the world’s most vulnerable to climate change, the report explained. Although oil-rich countries are in a better position than the rest of the region, fluctuations in energy markets may have pronounced impacts on their demands for food.

By the numbers: 2032 is projected to see food import bills that are 30% higher than the 2023 base period, the report added. By 2032 the region’s food imports are projected to be second only to the Developed World and East Asia bloc, and the highest on a per capita basis. The region’s food import bill has been growing steadily following a brief dip due to pandemic-related supply chain problems in 2020.

Grains will be a big chunk: By 2032, the region’s imports of wheat will account for 26% of the world’s wheat imports, while sugar imports will account for 23% of global imports, and maize will account for 15%, according to the report.

As will meat + dairy imports: Proportions for meat and dairy products are also set to increase with MENA’s imports of sheepmeat accounting for 34% and cheese accounting for 21% of global markets by 2032. Besides being a major import globally, MENA’s food imports comprise a weighty share of domestic consumption, once more underlining the fact that changes to global and domestic markets may have far-reaching implications for the region’s food security, the report concludes.

The region’s import bill rose 5% in 2022, according to the report. Imports are expected to rise further in 2023, though at a slower pace, on the back of high food prices and weaker income growth.

High import dependency increases the region’s exposure to “trade related challenges,” the report said. Disrupted supply chains and a surge in shipping costs due to the Covid-19 pandemic were exacerbated by Russia’s invasion of Ukraine. This was particularly troublesome for the region as it is highly dependent on Russia and Ukraine for wheat supplies. Although the UN-Turkey brokered Black Sea grain initiative — which is now under threat, after Russia backed out this week — saw exports resume, volumes are lower than previously and subject to the continuity of the agreement.

Surging global food prices have also put a strain on the region’s food security, OECD-FAO’s report added. This was particularly so for non-oil exporting countries which saw a cost-of-living-crisis exacerbated by currency depreciations. A double whammy of global inflation and currency devaluations have made basic foods and healthy diets less affordable to low income households. Food bills account for 33% of household expenditure in the region’s poorest countries, implying that “income and price shocks can have a significant impact on welfare,” the report said.

Counterproductive policies are also at fault: The region has attempted to taper its reliance on imports and limit susceptibility to trade and supply chain disruptions through enacting policies to stimulate local cereal production, but these initiatives have backfired, the report explained.

Upped cereal production has come at the cost of reduced output of higher value crops due to competition for limited water resources. The lost output of higher value fresh produce may have otherwise improved dietary diversity and allowed higher income for the same outlay of limited water and land resources.

Productivity gains are the way to go: Rather than switch out high value crops for cereals, the region should focus on getting the most out of its limited land and water resources, the report explains. This is particularly important when considering that additions to agricultural land over the coming ten years are negligible and estimated at 0.5%.

Productivity gains over the past decade were largely underpinned by increased capital inputs and averaged 0.8% a year, according to the OECD-FAO report. This rate is expected to rise to 1.2% a year over the next decade with agricultural intensification, larger wheat yields, and better technology driving the trend.

Breaking down the most common types of commercial vessels

Enterprise Explains: The different types of commercial vessels. Some 90% of global trade is carried by ships, which is among the most cost-effective methods of transport available globally, according to the Organization for Economic Cooperation and Development. Literally carrying the global shipping industry are several types of vessels that ply the ocean’s waters — each categorized by their respective sizes, volumes, and ultimately what they carry.

In the world of commercial vessels, there are fivecategories: Vessels carrying dry cargo, liquid cargo, general cargo vessels, containers, and specialty vessels. The type of vessel employed by shipping companies will depend on the size and nature of the cargo, their trade routes, and the ports they’ll have to pass through.

DRY CARGO + CONTAINERS- One of the most common cargo vessels that transport cargo are dry cargo vessels, which carry all types of goods, excluding liquids. These vessels are different in size, but are all able to carry large quantities of cargo.

The location is in the name: Most of these vessels are named after the travel routes that they usually take, which include the Panama Canal, Egypt’s Suez Canal, and South Africa’s Cape of Good Hope or Chile’s Cape Horn.

Panamax vessels, for example, are built to pass through the Panama Canal, which means they must be no more than 32 meters wide and 294 meters long, with a draft of 12 meters, according to the American Association of Port Authorities (AAPA) (pdf). These vessels usually have a cargo capacity of some 5k TEUs — or a twenty-foot equivalent unit, and can come in the form of a tanker, a container vessel and a dry bulk carrier. They have a range of 50k-80k deadweight tons (DWTs), which indicates how much weight capacity a ship can carry, according to the AAPA. These vessels usually transport cargo including iron ore, different forms of coal and grains.

Given the constrained infrastructure of the canal, itunderwent a USD 5.2 bn expansion in 2016 in order to accommodate increased demand of container ships that were oversized for its infrastructure. This resulted in the development of the New Panamax vessel. The reconfigured vessel model can carry more cargo — around 13k TEUs.

Suezmax vesselsare the largest vessels that can go through the Suez canal, with a capacity of 120k-200k DWT, with their beam being up to 50 meters at 20.1 m draft, and a length of 275 meters, as per the Suez Canal requirements.

Capesize vessels cannot pass through the Suez or Panama canal due to their larger sizeand ability to haul a capacity ranging between 150k-400k DWT. They are classified as bulk cargo carrier ships as opposed to tanker vessels, and they usually transport raw materials including ores, coal, and minerals. They are the largest dry bulk carrier, and are mainly used to carry large volumes of commodities.

The smallest dry bulk carriers are known as Handymax vessels, and have a carrying capacity of up to 60k DWT. These vessels are dubbed the workhorses of the dry bulk market with a length of some 150-200 m. Handymax vessels are commonly built in Asian shipyards and carry cargo that ranges from cement, steel, and lumber to ores. The advantage of this vessel is that they can carry any form of dry bulk cargo while being able to unload at smaller ports and docks, according to Marine Insight.

For not so dry cargo, there’s reefers. Reefer vessels are refrigerated in order to transport perishable cargo — which includes everything that requires temperature controlled handling including foods such as meat, dairy products, vegetables, fruits, flowers, and pharma products. Shipping companies involved in cold chain supply for reefers usually provide end-to-end integrated solutions as well as cold storage facilities too, such as leading Danish shipping company Maersk. Reefers have a range of temperature variations, with the average for most ranging from -30°C to 30°C, according to Maersk.

LIQUID CARGO- Vessels that carry liquid cargo include crude carriers and liquified gas carriers which can transport either liquified natural gas (LNG) or liquified petroleum LPG. Crude carriers include Very Large Crude Carriers (VLCC) and Ultra Large Crude Carriers (ULCC), which both transport large quantities of crude oil from production fields to refineries. VLCCs have a 250k dwt, white ULCCs have 250k-500k dwt, according to Marine Insight.

Liquified gas carriers are operationally flexible, able to carry both LPG and LNG. What differentiates them from the dry bulk carriers is that these vessels can be quickly emptied and refilled, making it efficient to load and discharge the liquids, according to Transworld Group. LPG vessels carrying propane and butane transport them in a pressurized liquid form, according to Marine Insight., while LNG is cooled and transported as liquid methane.

Aframax vessels are also oil tankers that get their name from the average freight rate assessment (AFRA) system, which was developed due to size constraints that were imposed on large oil tankers entering sea-routes with traffic. These vessels usually weigh around 120k DWT — and most commonly ply the Black Sea, Mediterranean Sea, Caribbean, and North Sea, according to Marine Insight. These tankers can also be used as cargo containers.

SPECIALIZED VESSELS- Specialized vessels are constructed and used for specific purposes: The most commonly used specialized vessels are known as tugboats, which are used to maneuver other vessels around by pulling or pushing them through direct contact or a tow line, Marine Insight explains. Although they are smaller in size, they can be used to dislodge vessels that get stuck due to running aground in narrow water channels.

If you’re wondering how important specialized vessels are to the world, it was two high-powered tug boats that came to the rescue when a large vessel — Ever Given — was stranded in the Suez Canal in 2021, blocking an essential trade artery for a week.

Roll-on/Roll-off vessels — or RoRo vessels— come in various forms and are built to transport wheeled cargo, according to maritime data solution provider Sinay. They are equipped with a special inclined ramp located at either the stern or bow to facilitate the loading and unloading of vehicles, and usually have a capacity of around 4-5k CEU (car equivalent unit), with some able to carry up to 8k vehicles. There are two types of RoRo vessels: Ones that carry just cars, and others that can carry other types of vehicles.

Global trade (and spot freight rates) are taking a hit before they get better + trade volumes ramp up along the Turkish-Syrian border

The container shipping market outlook for the 2H 2023 indicates that the drop in spot container freight rates has largely stabilized, Maritime Strategies International analyst Daniel Richards told Seatrade Maritime. Although there hasn’t been significant “downward movement,” certain long-haul trades are still facing erosion in their freight rate levels mainly due to events like the US Coast dockworker strike threat in June, he said. Contract container rates have declined compared to 2022 but remain higher than pre-pandemic levels in 2019, according to Richards. Average rates are expected to continue declining in 3Q and 4Q 2023 before stabilizing in 2024, Richards predicts.

This (sort of) tracks with Bloomberg’s trade tracker, which predicts that global trade will take a temporary hit before recovering. The tracker shows six out of ten indicators that are performing at a below-normal level, with the ones in the long-term normal range — which include Korean export data recording a positive y-o-y reading in June for the first time after nine months of negative figures — looking uncertain. China data indicate a continued negative trend which impacts other export economies that heavily rely on the country’s economy.

ALSO WORTH KNOWING-

Politically opposed rebel groups in Syria are ramping up trade volumes along the Turkish-Syrian border following the UN’s failure to renew an agreement permitting the movement of humanitarian aid supplies between the two countries. (The National)

Dnata to hire 7k employees over the next year + Mawani to boost cooperation with Port of Antwerp-Bruges. PLUS: Adnoc to launch hydrogen refueling station in UAE

AVIATION-

Dnata plans hiring spree: Emirati airport service provider Dubai National Air TravelAgency (Dnata) will hire some 7k employeesin light of expectations of increased travel demand and an increase in revenues in FY 2023-24, which started in April, Dnata’s CEO Steve Allen told The National. Dnata will hire 1.5k people from Dubai to fill open positions for recruit customer service agents, baggage handlers, kitchen staff, call center operators, data scientists, senior management positions, and travel agents, according to the outlet. “There’s some attrition as well as some people leaving, so that’s not cumulative growth, but for replacement and growth,” Allen says.

SHIPPING + MARITIME-

KSA’s Mawani + Port of Antwerp-Bruges to boost cooperation: Saudi Ports Authority (Mawani) has inked an agreement with Belgium’s Port of Antwerp-Bruges at the International Maritime Organization HQto boost joint cooperation on port efficiency and capacity building, according to a statement. The agreement will look at expanding human capacity, upgrading port infrastructure, optimizing operational performance and technical expertise, promoting digitalization, and upskilling the sector’s workforce.

EVs-

MENA’s first high-speed hydrogen refueling station is coming: UAE’s Adnoc has broken ground on the Middle East’s first high-speed hydrogen refueling station which will be completed and operational this year in Masdar City, according to a statement. The station — which will be operated by Adnoc Distribution — will produce clean hydrogen from water using an electrolyser powered by clean grid electricity. A second station based in Dubai Golf City is set to be fitted with a conventional hydrogen fueling system.

Toyota and Al Futtaim Motors are all in: Adnoc also announced a partnership with Toyota and Al Futtaim Motors to test the station using a fleet of clean hydrogen-powered vehicles provided by the two automakers, the statement notes.

New maritime cyber attacks database launched + South Africa privatizes one of its ports. PLUS: Ford slashes prices for electric trucks

Dutch university launches maritime cyber attacks database: NHL Stenden University of Applied Sciences in the Netherlands launched the Maritime Cyber Attack Database (MCAD) to document incidents affecting the maritime sector, Seatrade Maritime reports. The database encompasses incidents affecting ports and maritime facilities, as well as ships. It aims to raise cybersecurity awareness in the industry, aid further research, and develop simulations that are relevant and accurate in a bid to help the Global Maritime Transportation System counter the growing number and severity of cyber threats threats it faces, according to Peter Mulder, the director of the ICT & Creative Technologies academy at NHL Stenden.

South Africa takes big step towards privatizing ports: Manila-based International Container Terminal Services (ICTSI) has been selected for a joint venture with South Africa’s state run Transnet to operate and develop Durban Container Terminal Pier 2, which handles 46% of the country’s total port traffic, Bloomberg reports. The move represents a step by South Africa to privatize its ports with the goal of attaining higher efficiency.

ALSO WORTH KNOWING-

Ford slashed prices of its F-150 Lightning electric trucks, including a 17% decrease for the base model, in an effort to gain more market share in the competitive EV industry, amid a price war with Tesla. (Reuters)

Calendar

JULY

17-28 (Monday-Friday): The fourth round of negotiations between the GCC and the UK for a trade agreement will take place in London.

24-25 July (Monday-Tuesday): ICSG Istanbul, Istanbul Lutfi Kirdar Convention & Exhibition Centre, Istanbul.

AUGUST

Oman will award Ras Al Hadd Airport consultancy contract.

28 August (Monday): Registration for Emirates Postal Group’s Logistics Unleashed competition concludes.

SEPTEMBER

4-8 September (Monday-Friday): Logistics and Transport Management, Dubai.

5 September (Tuesday): The Leaders in Logistics KSA Summit, Crowne Plaza Al Waha, Riyadh.

6-7 September (Wednesday-Thursday): Sustainability LIVE London, Business Design Centre, London.

11-14 September (Monday-Thursday): The Libyan Moroccan Forum for Trade and Business, Tangiers, Morocco.

18-19 September (Tuesday-Wednesday): Enterprise Finance Forum, St. Regis Hotel, Cairo.

20-22 September (Wednesday-Friday): Transport Evolution Africa Forum and Expo, Inkosi Albert Luthuli ICC Complex (Durban ICC), South Africa.

20-23 September (Wednesday-Saturday): MTB Workboats, Hyatt Regency Dubai, Dubai.

25-27 September(Monday-Wednesday): Airline Economics Growth Frontiers Middle East & Africa, The Ritz-Carlton, Dubai, UAE.

26-28 September (Tuesday-Thursday): ProcureCon, Hyatt Regency Barcelona Tower, Spain.

September-November: Emirates Postal Group’s “Logistics Unleashed” competition, UAE.

OCTOBER

Egypt’s Suez Canal Economic Zone (SCZone) goes on a roadshow to South Korea.

3-4 October (Tuesday-Wednesday): IATA World Sustainability Symposium, Madrid, Spain.

3-5 October (Tuesday-Thursday): Smarter Mobility Africa Summit, South Africa.

10-12 October (Tuesday-Thursday): Autonomous E-mobility Forum, Doha, Qatar.

24-25 October (Tuesday-Wednesday): Future Fuels Europe, Amsterdam, Netherlands.

26-29 October (Thursday-Sunday): International Congress of Aviation and Space Medicine, Conrad, Etihad Towers, Abu Dhabi, UAE.

30 Oct-2 Nov (Monday-Thursday): IAPH World Ports Conference, Abu Dhabi, UAE.

30-31 October (Monday-Tuesday): Gartner Supply Chain Planning Summit, London, UK.

September-November: Emirates Postal Group’s “Logistics Unleashed” competition, UAE.

NOVEMBER

1 November (Wednesday): Smart Maritime Network Dubai Conference, Conrad Dubai, UAE.

9-15 November (Thursday-Wednesday): Intra-AfricanTrade Fair, Cairo, Egypt.

13-17 November (Monday-Friday): Dubai Airshow, Dubai World Center, UAE.

14-15 November (Tuesday-Wednesday): Supply Chain & Logistics Arabia, Narcissus, Riyadh, Saudi Arabia.

14-17 November (Tuesday-Friday): IATA Slot Conference, Dubai World Trade Centre, Dubai, UAE.

15 November (Wednesday): Leaders in Logistics UAE Summit, Dubai.

21-23 November (Tuesday-Thursday): Intermobility Expo 2023, Dubai World Trade Center, Dubai, UAE.

21-23 November (Tuesday-Thursday): Touchdown Middle East, Gulf Hotel, Bahrain.

23 November (Thursday): Global Supply Chain and Logistics Summit, Grand Millennium Hotel Business Bay, Dubai, UAE.

30 November-3 December (Saturday-Tuesday): Handling Expo, Egypt International Exhibition Center, Cairo, Egypt.

September-November: Emirates Postal Group’s “Logistics Unleashed” competition, UAE.

DECEMBER

10-11 December (Tuesday-Wednesday): Invest in Logistics, St.Regis Almasa Hotel, New Administrative Capital, Egypt.

EVENTS WITH NO SET DATE

2H2023:Construction of Neom’s first hydrogen fueling station will kick off.

2H2023: Expansion of Baghdad International Airport to begin.

3Q 2023: Design and supervision contract for Oman’s proposed Musandam Airport to be awarded.

2024

1Q 2024: Construction of phase 3 of Agility’s logistic park in Abidjan, Côte d’Ivoire to be completed.

1H 2024: Work is scheduled to begin on the 162 km Rasht-Astara railway in Iran.

FEBRUARY 2024

12-13 February (Monday-Tuesday): Breakbulk Middle East conference, Dubai Trade Centre.

12-15 February (Monday-Thursday): African Air Expo, Cape Town.

28 February-1 March (Wednesday-Friday): MENA Transport Congress and Exhibition 2024, Dubai.

MARCH 2024

5-6 March (Tuesday-Wednesday): MRO Middle East, Dubai Trade Center, Dubai, UAE.

12-14 March (Tuesday- Thursday): IATA World Cargo Symposium, Hong Kong International Airport.

MAY 2024

2-3 May (Thursday-Friday): Geneva Dry, Geneva, Switzerland, Hotel President Wilson.

DECEMBER 2024

10-12 December (Tuesday-Thursday): Middle East Business Aviation, DWC, Dubai, UAE.

2024

The Bahrain International Airshow will kick off to mark a decade of success

2025

Mid-2025: Iraq will complete phase one of the construction of the Grand Faw Port.

DHL and Aramco’s logistics and procurement hub in Saudi Arabia will commence operations.

2027

4Q 2027: Oman’s Musandam Airport construction to be completed.

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