UAE caps heavy vehicles’ weight limits

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What we're tracking today

TODAY: Storm Daniel continues to rattle the region + DP World is now principal pathway partner at COP28

Good morning, friends. The newsflow has picked up from its initial slowdown earlier in the week, with some big updates from the UAE, Egypt and Jordan.

THE BIG LOGISTICS STORY- The UAE has issued amendments to a law capping heavy trucks operating on the country’s roads to 65 tonnes, in a bid to promote safety and safeguard the UAE’s road infrastructure. The amendments will come into effect on 1 October, but vehicle owners will get a grace period of four months before being penalized.

^^ We have everything on this story and more in the news well, below.

HAPPENING THIS WEEK-

Jordanian port workers injur ed in Storm Daniel dust up: Following the havoc wreaked by Storm Daniel, 20 port workers at Jordan’s Aqaba outlet were hospitalized with breathing problems as dust particle measurements rose to 200 microgram per cubic meter, the National cites a local official as saying. Workers at Aqaba have been ordered to halt work as a precaution, the outlet adds.

And p orts reopen in Libya : In Libya, major oil ports Brega, Es Sidra, Ras Lanuf, and Zueitina in Libya have reopened after shutting down on Saturday due to the storm, Reuters reports, citing a statement from port agent Al Omran International Maritime Agencies. Flash floods have caused a lot of damage in Libya, destroying several towns and causing a “huge” death toll, a senior Libyan official told the UN, the National writes.

Morocco sets up central warehouse for earthquake aid distribution: Morocco’s Mohammed V Foundation for Solidarity has established a warehouse in Marrakech to collect aid for victims of the devastating earthquake that hit the country last week, Morocco World News reports.The partners are receiving, organizing, and preparing shipments of aid for affected areas, which are donated by citizens and civil society organizations across Morocco, the outlet reports. The central warehouse will supply local warehouses in the Marrakech/Safi region, from where they will be delivered to those affected.

DP World has been announced as a “principal pathway partner” for COP28, according to a company press release. The move comes as part of the logistics giant’s decarbonization drive, as it looks to achieve carbon neutrality by 2040 and net zero carbon by 2050. “Our work with COP28 and other industry peers underscores our commitment to combating climate change and fostering sustainable global trade,” Group CEO Sultan Ahmed bin Sulayem said.

MARKET WATCH-

Adnoc guns for more trade with Europe: Emirati oil giant Abu Dhabi National Oil Company is looking to expand from its traditional Asian market and step up energy contracts with Europe and Africa — with a particular focus on liquified natural gas (LNG), an unnamed source told Bloomberg yesterday. Over the coming year, Adnoc is targeting two to three long-term contracts to buy LNG, and the same number of supply agreements with customers, in a bid to replace Russia as Europe’s main energy supplier, up its trading operations, and capture more of the value chain.

Oman’s new Duqm oil refinery has shipped its first diesel cargo as part of test runs: Oman’s new Duqm oil refinery has shipped its first 35k tons of diesel cargo to a destination in East Africa, Al Arabiya reported citing trade sources and ship tracking data. The 230k barrel per day facility is 50:50 owned between Oman’s OQ Group and Kuwait Petroleum International (KPI) and has been running trials since halfway through this year, sources told the news agency. Work at the refinery was 98.9% complete by July’s end, KPI CEO Shafi al Ajmi reportedly said. The refinery is expected to start commissioning soon and ramp up capacity within six months.

WE HAVE JUST FOUR DAYS TO GO until we see some of you at the Enterprise Finance Forum, which takes place 18-19 September (Monday and Tuesday) at the St. Regis Hotel on the Nile Corniche. This flagship forum is the latest in our must-attend series of invitation-only events, where CEOs, bankers, investors, founders, and corporate leaders will meet to discuss the trends shaping the future of banking, finance, NBFIs, and fintech — and of their clients.

What to expect: Join Karim Awad (Group CEO, EFG Holding), Hassan Allam (CEO, Hassan Allam Holding), Pakinam Kafafi (CEO, Taqa Arabia), Hazem Moussa (chairman, Contact Financial Holding), Tamer El Emary (group CEO, GB Capital), Hoda Kassem (Cairo global services center director, HSBC Egypt) and many others for talks on everything from investing in uncertain times, to whether NBFIs are a bubble. Stay tuned for the unveiling of our full list of speakers in the coming days.

Tap or click here to view the FULL AGENDA with SPEAKERS.

There will be plenty of parking available at the venue for all those attending.

** We are honored to count some of the region’s most important financial institutions as

our partners for this special event. The Enterprise Finance Forum could not take place without the support of our partners including Banque Misr, Al Baraka Bank, FAB Misr, HSBC, Mashreq, Banque du Caire, CI Capital, Global Corp, Visa, Hassan Allam Utilities, the IFC, and Post for Investment.

CIRCLE YOUR CALENDAR-

The Libyan Moroccan Forum for Trade and Business kicked off this week in Tangiers, Morocco and will run till today. The event will be held in partnership with the Libyan Export Development Centre and with support from the Libyan Economy and Trade Ministry. The event aims to connect Libyan and Moroccan suppliers, exporters, chambers of commerce, and freezones with Maghreb and African markets, General Manager of Outbox Team event management company Yassine Bousrewil told the Libya Herald. The event will bring together some 100 business and commercial leaders from Libya to enhance trade and economic exchange between the two countries.

London International Shipping Week (LISW) kicked off this week and will run till Friday i n London, UK. The event is held under the themes of compliance, decarbonization, business and technology, security, and skills. The week-long cluster event will include seminars, conferences, and product launches, bringing together leaders and professionals from the global shipping industry, including ship owners, brokers, traders, regulators, and other stakeholders to network and share expertise and knowledge on the maritime sector.

The Belt and Road Summit kicked off yesterday and will run till today at the Hong Kong Convention and Exhibition Centre, Emirati news agency WAM reports. The event, hosted by the Government of the Hong Kong Special Administrative Region and Hong Kong Trade Development Council, will bring together government officials and business leaders from countries and regions alon — and beyond — the Belt and Road to cooperate and explore potential business avenues. The summit will have Middle East-focused sessions with the aim of exploring cooperation in urban transport, infrastructure projects, renewable energy, logistics, and technology.

The Sustainable Transportation and Legacy for Generations Conference and Exhibition, which is organized by Qatar’s Transport Ministry and sponsored by Qatar Airways Group, Mwani Qatar, and QNB, will take place on 17-18 September at the Doha Exhibition and Convention Centre, Gulf Times reports. The event will cover transportation sector trends, strategies for eco-friendly transit systems, and Qatar's role in global aviation. The conference will include six panel discussions featuring over 20 speakers from various transportation entities.

The Global Trade and Supply Chain Summit is taking place on 19-20 September at the Address Dubai Marina Hotel, UAE. The event, hosted by Economist Impact, will bring together some 500+ business and supply chain leaders, high level government representatives, and policymakers to discuss the implications of trade policy, business logistics, supply chain diversification from China, sustainability, product traceability, digital trade, customs compliance and evolution, supply chain resilience, and trade in emerging regions, among other topics.

The Saudi Maritime Congress will take place at Dhahran Expo in Dammam, Saudi Arabia on 20-21 September. The event will bring together regional and international professionals from the maritime, shipping, and logistics sectors to meet, network, and do business with some 120 leading maritime exhibitors.

The Engineering Export Council of Egypt (EEC) will lead a trade mission consisting of 22 Egyptian companies to Iraq from 23 to 29 September. The delegation will tour Erbil and Baghdad. The participating companies, which operate across various sectors of the engineering industry, will be looking to secure export agreements with the Iraqi market.

Shaping the Future of Shipping Summit , organized by the International Chamber of Shipping, will take place on 9 December in the UAE. The event will bring together governments and leaders in energy, maritime, and all parts of the supply chain to discuss plans to address climate change and help transition the industry towards sustainability.

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

Amendments to the UAE’s heavy vehicles law caps truck weight at 65 tonnes

UAE to ban trucks weighing over 65 tonnes in February 2024: The UAE’s federal government has issued amendments to a law capping heavy trucks operating on the country’s roads to 65 tonnes, WAM reported. The nation-wide mandate looks to promote safety and safeguard the UAE’s road infrastructure.

Truckers will have until 1 February 2024 to tow the line: Despite the legislation taking effect on 1 October, vehicle owners and companies will have a four-month grace period to adjust before penalties are enforced beginning 1 February 2024, Al Mazrouei said (watch, runtime: 03:29). 24 smart electronic gates will be installed throughout the UAE to monitor compliance and record violations, Al Mazrouei added.

Who will be affected? All heavy vehicles operating on the UAE’s roads fall under the law’s purview, including those that were licensed outside the UAE and permitted into the country, WAM added. Security, military, police, and civil defense vehicles are exempt from the law.

Safer highways, reduced maintenance costs, and emissions cutbacks are expected upshots: Studies show that accidents involving heavy trucks result in deaths 62% of the time, a rate that is “unacceptable,” Al Mazrouei commented. The new amendments are expected to roll back deaths from motor accidents by 50%, WAM reported. The regulation is also slated to reduce road maintenance bills by AED 200 mn a year and cut back carbon emissions by 5 bn kilograms by 2032, WAM said.

What they said: “The new amendments support the government’s efforts to ensure our infrastructure is one of the safest and most technologically advanced in the world,” said Minister of Energy and Infrastructure Suhail bin Mohammed Al Mazrouei, according to WAM.

Egyptian private players in talks to develop USD 2 bn Eastern Desert industrial zone in Egypt

A handful of Egyptian private players are in talks with the government to help set up an industrial zone in the Eastern Desert’s Golden Triangle in Egypt, government sources confirmed to Enterprise after the news was first reported by Asharq Business. The planned industrial zone’s first phase is set to cost USD 2 bn in initial investment, says Asharq, adding that the zone will ultimately cater to the mining, agriculture, trade, and tourism sectors.

Who’s in the running? Egyptian private industrial developers — includingOrascom Construction subsidiary Orascom Industrial Parks, Elsewedy Electric subsidiary Elsewedy Industrial Development, CPC Egypt, and Samcrete’s IDG — have all held meetings with the government about their potential involvement, government sources told Enterprise, confirming the names reported by Asharq. Polaris Parks was also named by Enterprise and Asharq sources, though General Manager Bassel Shoriah told us that the company is not in fact involved. Representatives of Elsewedy, Orascom, and IDG either declined to comment or were not immediately available to do so.

A group project? The government expects to reach an agreement with “several” of the developers in early 2024, our sources said. The developers will be responsible for parceling out the land by sector and allocating plots to investors, they said, adding that the zone has already received offers from companies working in cement, building materials, glass, silicon, rubber, phosphate, and gold refining.

ICYMI- Earlier this summer, the zone received three offers from local and international investors to set up fertilizer complexes worth a total USD 1.6 bn.

What’s so golden about this triangle? Located in the area between Qena, Safaga and Quseir, the 2.2 mn-feddan desert area is thought to hold some 75% of the country’s entire mineral wealth — including reserves of gold, iron, copper, silver, granite, and phosphates. Phosphates are a key component of fertilizer, one of the country’s most lucrative exports.

The economic zone has been years in the making: Plans to develop the Golden Triangle Economic Zone go back further than 2016, when a study conducted by Italian consulting firm RINA(formerly known as D’Appolonia) and funded by the Kuwait Fund for Arab Economic Development estimated the project to be worth some USD 16 bn. In the following years, the state established the authority responsible for the zone and made the necessary land transfers, before the pandemic arrived and stalled investment, government sources told us.

Tetraturk secures design contract for the Abu Dhabi leg of the UAE-Oman railway

Tetraturk snags contract for UAE-Oman railway infrastructure design: Turkish engineering and architecture company Tetraturk has secured an infrastructure design contract for the Abu Dhabi-Sohar segment of the UAE-Oman Railway Network, Trade Arabia reports.

The details: As part of the contract, Tetraturk will design road projects, trackworks, road and railway line drainage works, hydrology and flow assessment report, scour analysis on bridges and culverts and tender documents, according to the statement. The Oman-Etihad Rail JV — established by Oman Rail and Etihad Rail — will manage the project, including its financials and schedules.

About the rail network: The UAE-Oman Railway Network is a USD 3 bn, 303 km railway for high-speed trains connecting Abu Dhabi and Sohar in the north of Muscat. The transport link between the UAE and Oman — first announced i n September — is aimed at boosting trade between the two countries and the region. The rail line serves both passenger and freight trains.

Jordan’s Aqaba Container Terminal gets 5G

Orange Jordan to set up 5G network at Aqaba Container Terminal: Orange Jordan and Aqaba Container Terminal (ACT) inked an agreement to create a private mobile network for ACT using 5G technology, according to a press release. The agreement makes Orange Jordan the first in the Orange Group in the Middle East and Africa to offer 5G network business solutions, after they launched 5G services in the country in July.

SOUND SMART- Orange Jordan’s 5G network business solutions offer faster and more reliable internet connectivity to businesses and individuals, as well as cybersecurity solutions, Orange Jordan CEO Philippe Mansour said in an interview last month.

What does this mean for ACT? The adoption of 5G in ACT means better service in the industrial area, stimulating innovation and bringing in more investments that can boost the local economy, as per the press release. “This forward-thinking initiative not only enhances our operational efficiency but also strengthens Aqaba's digital infrastructure,” said ACT CEO Harald Nijhof.

BIA receives ACI airports service quality award

B ahrain International Airport (BIA) has been awarded the Airports Service Quality (ASQ) Airport Customer Experience Accreditation Level 3 from Airports Council International (ACI) for the second year in a row, according to a press release. The award reflects the Bahrain Airport Company’s (BAC) efforts to speed up operations for passengers and deliver quality services.

Boeing deliveries fall in August as it grapples with manufacturing flaw

Boeing delivered 35 planes in August — its lowest number since April — as it struggles to correct a manufacturi ng defect on its 737 MAX, Reuters reports. The aircraft manufacturer is now on the “low end” of its 400-450 target for deliveries of 737s this year, Boeing CFO Brian West is quoted as saying by the outlet. The slowdown is attributed to the time-consuming process of inspecting and fixing thousands of misdrilled holes on the 737 MAX 8 aft pressure bulkhead, West adds. Some 75% of the 220 737s will need reworks to be fixed, Reuters reported separately. The company has booked new orders for 43 planes, according to Reuters.

Telematics-equipped Mercedes-Benz trucks unveiled in MENA + Gulf Bank, Transcrete partner to support SMEs. PLUS: More trade news

TRUCKING-

Mercedes-Benz Actros trucks in MENA to come fitted with telematics solution : Fleetboard — a leading telematics platform pioneered by Mercedes-Benz Trucks — will come pre-installed on all Mercedes-Benz Actros trucks, according to a company press release from Daimler Commercial Vehicles, a regional seller of the trucks. The move will increase digitization in the sector and afford regional fleet owners in markets where the platform is active — the UAE, Morocco, and Kuwait — with access to advanced telematics and connectivity, thereby boosting fleet efficiency, the press release said.

FREIGHT FORWARDING-

Gulf Bank + Transcrete to help SMEs: Gulf Bank has partnered with Kuwaiti logistics company Transcrate to provide logistics services at reduced rates to small and medium-sized businesses (SMEs), according to a press release. Transcrate will offer Gulf Bank’s business clients with shipping, customs clearance, and other logistics support services, helping them expand their operations locally and internationally as well as meet customer demands.

TRADE-

Qatar + Portugal work towards boosting investment opportunities: Qatar Chamber vice chairman Rashid bin Hamad Al Athba and Trade and Investment Agency Economic Counselor Manuel Couto Mirandadiscussed avenues for fostering cooperation and enhancing partnerships between Qatari and Portuguese companies during a meeting, the Qatar Tribune reports. The two sides also discussed incentives at Qatar’s freezones and in Portugal’s various business sectors.

KORTA promotes Korea-Kuwait business relations: The Korea Trade-Investment Promotion Agency in Kuwait (KOTRA Kuwait) organized a trade connection event earlier this week between a Korean power equipment delegation and Kuwaiti entrepreneurs, Zawya reports. The delegation included seven Korean companies specializing in power equipment and supplies. The meetings focused on several topics related to energy infrastructure including water surge management, scaffolding, electrical conductor materials, and environmental equipment.

ALSO WORTH KNOWING-

The Amman Chamber of Commerce (ACC) and Moldovan ambassador Dimitri Kreutor discussed bolstering bilateral trade and inking an MoU before the year’s close to boost commercial sector partnerships. (Petra)

MSC launches EUR 1.3 bid for Hamburg port operator

MSC to possibly acquire almost half of Hamburg port: Container shipping firm MSC has offered to buy almost half of the shares in Hamburg port’s main operator HHLA in a transaction that could be worth nearly EUR 1.3 bn, Reuters reports. The transaction between MSC and the city of Hamburg will see MSC making a cash offer of EUR 16.7 (USD 17.9) per share to acquire all listed class A stock in HHLA. If the offer is taken up, MSC would acquire a 49.9% stake in HHLA at a cost of EUR 1.26 bn, according to Reuters’ calculations. If MSC acquires the shares, the city of Hamburg, which currently owns 69% of HHLA’s A shares, will still retain its control over the port with a 50.1% stake.

Bidding war? Hapag-Lloyd is also reportedly said to have its eyes on the 49.9% HHLA stake, but has not yet commented on a potential bid, the outlet adds. If Hapag-Lloyd were to join the bidding fray, it would “certainly be an uphill battle,” analyst Marc Zeck told Reuters.

Market reax: HHLA’s shares soared by 49%, a 19-month high, after German logistics bn’aire Klaus-Michael Kuehne said that he was considering a counter offer, Reuters reports.

Calendar

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

11-15 September (Monday-Friday): London International Shipping Week 2023, International Maritime Organization, London, UK.

13-14 September (Wednesday-Thursday): The Belt and Road Summit, Hong Kong Convention and Exhibition Centre, Hong Kong.

17-18 September (Sunday-Monday): Sustainable Transportation and Legacy for Generations, Doha Exhibition and Convention center, Doha, Qatar.

18 September (Monday): Connecting Trade Worldwide (CTW) Global Summit 2023, Dubai, UAE.

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

19-20 September (Tuesday-Wednesday): Economist Impact’s Global Trade and Supply Chain Summit, The Address Dubai Marina, Dubai, UAE.

20 September (Wednesday): Construction Week Leaders in Construction UAE Summit Grosvenor House, Dubai, UAE.

20-21 September (Wednesday-Thursday): Saudi Maritime Congress, Dhahran Expo, Damman, Saudi Arabia.

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): Meet the Buyers Workboats, Hyatt Regency, Dubai, UAE.

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

25-27 September (Monday-Wednesday): Agriculture Horticulture Development Board’s trade mission to Kuwait.

26-27 September (Tuesday-Wednesday):Gulf-Iraq Business Forum, Sharjah Chamber of Commerce and Industry, UAE.

27 September (Wednesday): TMS Transportation and Climate Change Conference (TACCC), Saadiyat Rotana Resort, Abu Dhabi, UAE.

27-28 September (Wednesday-Thursday): MRO Asia-Pacific, Singapore Expo Convention and Exhibition Centre, Singapore.

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

26-28 September (Tuesday-Thursday): Breakbulk Americas, George R. Brown Convention Center, Houston, Texas.

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.

9-15 October (Monday-Sunday): 2023 World Bank Group - IMF Annual Meetings, Marrakech, Morocco.

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

10-12 October (Tuesday-Thursday): Cool Logistics Global 2023, Genoa Stock Exchange, Genoa, Italy.

16-17 October (Monday-Tuesday): Duqm Economic Forum, Crowne Plaza, Duqm, Oman.

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

26-29 October (Thursday-Sunday): ICASM 2023, Conrad, Etihad Towers, Abu Dhabi, UAE.

30 Oct-2 Nov (Monday-Thursday): XLP AGM 2023, Barcelona, Spain.

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

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

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

NOVEMBER

November: Abu Dhabi Airports Terminal A set to become operational.

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

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

15-17 November (Wednesday-Friday): Global Freight Summit 2023, Coca Cola Arena, Dubai, UAE.

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, UAE.

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.

21-23 November (Tuesday-Thursday): ARABAL 2023 Conference, Hilton Riyadh Hotel & Residences, Riyadh, Saudi Arabia.

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

2H 2023:Construction of Neom’s first hydrogen fueling station will kick off.

2H 2023: Expansion of Baghdad International Airport to begin.

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

Before the end of the year: The first phase of the Ain Sokhna port redevelopment will wrap.

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.

King Salman Energy Park is set to become operational in 2024

FEBRUARY 2024

13th World Trade Organization Ministerial Conference, Abu Dhabi, UAE.

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

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

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

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, Hong Kong.

MAY 2024

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

21-23 May (Tuesday-Thursday): WAGA 2024, Riyadh, Saudi Arabia.

JUNE 2024

19-21 June (Wednesday-Friday): World Freezones Organization’s Annual International Conference and Exhibition, Bari, Italy.

NOVEMBER 2024

13-15 November (Wednesday-Friday): The Bahrain International Airshow, Sakhir Airbase, Bahrain.

DECEMBER 2024

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

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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