TRADE-

DP World + Dubai Chambers to collaborate on expanding global investment: Dubai Chambers has signed an MoU with DP World to use the company’s extensive global network and facilities to set up and host international offices in the firm’s existing global locations, Wam reports. The move aligns with Dubai’s Global initiative, which looks to develop 50 international representative offices globally by 2030 to pull in foreign direct investment. The partnership “will contribute to achieving the goals of the Dubai Global initiative and support [the UAEs] efforts to drive increased trade and investment,” said Dubai Chambers Chairman Abdul Aziz Al Ghurair.

OTHER STORIES WORTH KNOWING THIS MORNING-

  • Tunisia + Vietnam cooperate on trade: The Vietnam Trade Office in Algeria and Tunisia and the Tunisian Union of Industry, Trade, and Handicrafts (UTICA) held a conference from 30 September to 4 October to connect Vietnamese businesses with their Tunisian counterparts. (Vietnam Plus)
  • Jordan’s airport revamp project mostly complete: Jordan’s Amman Civil Airport has completed 75% of its rehabilitation project, which aims to upgrade infrastructure including the runway and power stations. (Almamlaka TV)
  • Algeria + Niger + Tunisia + Libya to launch freetrade zone: Algeria will establish a freetrade zone with Niger, Tunisia, and Libya to prevent speculation in goods. President Abdul-Majeed Tebboune has also said that Algeria is not considering joining any blocs at the moment, as its main focus is on developing a robust economy that can shield it from global fluctuations. (Libyan News Agency)
  • Etihad Cargo bags Logistics News ME award: Etihad Airways’ logistics arm Etihad Cargo has bagged the Air Cargo Operator of the Year for 2024 at Logistics News ME’s Logistics and Transport Award. (Statement)
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