Logistics (MENA) 
Egypt Edition 
UAE Edition 
Saudi Edition 
MENA <> India Corridor 
Climate (MENA) 
Share
DHL and Sasol partner up with Germany’s HH2E on SAF production: German logistics firm DHL and South Africa’s Sasol — the world’s largest producer of fuels and chemicals from coal and gas — have entered an agreement with Berlin-based clean energy supplier HH2E to expand the production of sustainable aviation fuels (SAF) in Germany, according to a company statement. Under a new JV, the three companies will capitalize on green hydrogen production in the country to generate up to 200k tons of SAF annually from a planned production plant in the eastern part of the country, with plans to later expand volumes up to 500k tons per year.
French Aerospace company Airbus — which is already partnering with UAE renewables giant Masdar on SAF production — also intends to join the consortium to use the jet fuel in a bid to meet EU climate targets mandating that 2% of fuel available at EU airports be sourced from SAF in 2025, and 70% by 2050. Meanwhile, Sasol, which has set a target to slash its emissions by 30% by 2030, signed an agreement with Danish decarbonization company Topsoe in June to set up another SAF JV also relying on green hydrogen.
Chinese e-commerce gian t Alibaba is planning to list its Hong Kong logistics arm Cainiao on the Hong Kong Stock Exchange as part of a plan to restructure and split itself into six units, Reuters reports. The company has submitted an application to list Cainiao, but the size of the offering and financial terms have not been finalized, the outlet writes, noting only that Alibaba — which currently owns a 69.54% stake — will retain more than 50% of the Cainiao shares. Cainiao has been eyeing an IPO since early May, where Reuters reported at the time that the logistics arm aimed to raise between USD 1-2 bn.
Azerbaijan + Turkey eye land corridor through Armenia: Azerbaijan’s President Ilham Aliyev and Turkish President Recep Tayyip Erdogan have discussed the prospects of creating a land corridor between their countries via Armenia, Reuters reports. The corridor could be situated in Azerbaijan’s autonomous Nakhchivan area located in between Armenia, Turkey, and Iran, the outlet writes, though with one caveat: Armenia opposes the corridor. Aliyev previously discussed creating the corridor back in 2021, according to Reuters. The two presidents’ visit comes soon after Azerbaijani forces entered into Nagorno-Karabakh to retake control over the region.
