Nakilat to tap Asian creditors for USD 1 bn syndicated loan

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What we're tracking today

TODAY: Nakilat shops for syndicated loan + Etihad Rail eyed for Kenya freight rail project

Good morning, folks. It’s a relatively busy day, leaving us with a flurry of important debt, IPO, rail, and investment updates from across the region and the globe. We also have the latest earnings from regional airlines — and you can tell the Israel-Iran disruptions during 2Q have left a little dent. But first, some good news on the US-China trade front, for now…

THE BIG LOGISTICS STORY- The US and China have agreed to extend their tariff truce for another 90 days, but a final trade agreement is still far from ensured. The update came after negotiators in Sweden reached an agreement hours before the expiry of the truce, which was set to impose up to 145% tariffs on Chinese imports. “All other elements of the agreement will remain the same,” Trump said on Truth Social overnight

What does this mean? Under the extended truce, US levies on Chinese goods will stay at 30%, whereas Chinese levies will remain at 10% — and both countries will keep the flow of microchips and rare earth minerals as agreed during their London talks earlier this summer.

The extension is set to give anxious businesses more breathing room, but concerns over global trade disruption will remain high as the world’s two biggest economies work on securing a permanent agreement.

WATCH THIS SPACE-

#1- Etihad Rail in talks with Kenya to invest in freight operations on new line? Kenya is looking to raise USD 4 bn to securitize an import levy for the funding of a China-built railway extension, where it is looking to tap UAE railway operator Etihad Rail to run freight operations on the line, Bloomberg reports, citing an interview with Transport Secretary Davis Chirchir. The talks come as part of plans to allow private firms to run operations of Kenya’s railway.

The section will be built as an extension to the USD 5 bn Standard Gauge — which links the port of Mombasa to Naivasha through Nairobi — to the southwestern Kenyan city of Kisumu and Malaba on the Ugandan border.

Etihad Rail’s involvement could require Kenya to go the extra mile — literally: The railway network could be expanded to South Sudan, Ethiopia and the Democratic Republic of the Congo to make a business case for Etihad to invest, as Etihad Rail requires freight traffic of at least 17 mn tons a year to “justify a return on investment,” Chirchir is quoted as saying. Talks are now ongoing to see if Kenyan crude can be transported via railway wagons from fields in the north of the country, amounting to some 3 mn tons annually.

Etihad Rail has been venturing outside of the UAE: The railway operator is developing a USD 2.3 bn railway network in Jordan, and has been exploring potential projects in Pakistan, South Sudan and Chad, and expanding links with other GCC countries, including Oman, through Hafeet Rail, and Qatar.

#2- The Egyptian gov’t has given the green light to establish four new public freezones, which will be situated in Tenth of Ramadan City, New October, New Borg El Arab, and New Alamein, according to an Industry Ministry statement. Under the Ministerial Group for Industrial Development-approved plan, factories in the zones will only be allowed to export their goods, except in cases approved by the ministerial group, and be charged market rates for energy prices without subsidies.

The move follows occupancy rates in existing public freezones hitting 95%, according to the statement.

#3- Saudi-based e-commerce fulfillment startup Salasa plans to help local brands expand their exports into regional and global markets, while also bringing international brands into the Gulf, CEO and co-founder Abdulmajeed Alyemni told Asharq Business (watch, runtime: 8:07). Alyemni believes the region offers strong purchasing power but lacks the logistical infrastructure many global brands need to enter — something Salasa intends to provide.

ICYMI- Last week, Salasa raised USD 30 mn in a series B funding round led by Artal Capital. The investment will fund the development of an AI-driven platform, the expansion of its fulfillment network across the GCC, and the enhancement of its cross-border shipping capabilities for merchants.

#4- AfDB to lead funding round for Ethiopia’s new airport: Ethiopia tapped African Development Bank (AfDB) to raise as much as USD 8 bn for the development of the new Bishoftu International Airport, according to an AfDB statement. AfDB will also provide some USD 500 mn in financing for the project, subject to board approval.

The ball is rolling: State-owned Ethiopian Airlines inked an agreement to design the new four-runway airport in Bishoftu, located some 45 km southeast of the capital Addis Ababa, Reuters reports. The airline will offer up around 20% of the total funding, earmarked at USD 10 bn, with the rest set to be derived from creditors.

An ambitious play: The new airport — possibly the continent’s largest — is slated for a 2029 completion and is expected to handle 110 mn passengers annually, “quadrupling Ethiopia’s aviation capacity and [doubling] tourist inflow in 10 years,” Ethiopian Finance Minister Ahmed Shide said at the signing event. Construction for the airport’s first phase is expected later this year, according to AfDB.

Not the first we’ve heard: Ethiopian Airlines and AfDB signed a letter of intent to partner on the project back in March.

#5- Nvidia and Advanced Micro Devices (AMD) reached an agreement with the US government to pay a 15% fee on their chip sales to China, Bloomberg reports. The levy comes in exchange for the companies receiving licenses to export semiconductors to China, following reports over the weekend that the US Department of Commerce had begun issuing export licenses for Nvidia’s H20 chips. Nvidia will pay the fee on its H20 chips, while AMD will pay the fee on revenues from its MI308 chips.

There’s more: Nvidia could separately be allowed to sell a version of another next-generation chip to China, Reuters reports. Intel is also getting ink after its CEO Lip-Bu Tan met with Trump yesterday, a few days after the president called for his “immediate” resignation from the company over his ties to China, the Financial Times reports.

MARKET WATCH-

#1- Oil prices went up this morning, buoyed by market optimism following the 90-day extension of the US-China trade truce, Reuters reports. Brent crude futures surged by USD 0.26 to reach USD 66.89 / bbl by 00.15 GMT, while US West Texas Intermediate (WTI) rose USD 0.22 to trade at USD 64.18 / bbl.

Meanwhile, Saudi Arabia is expected to export less crude oil to China in September, down from August volumes that were at a more than two-year high, Reuters reports, citing trade sources. Aramco is projected to ship about 43 mn bbl to China next month, equivalent to 1.43 mn bbl / d, compared to 1.65 mn bbl / d in August, the newswire said, citing a tally of allocations to Chinese refiners.

REMEMBER- Saudi Aramco raised the price of its flagship Arab Light crude bound for Asia by USD 1 / bbl for September deliveries, taking the premium to USD 3.20 / bbl above the Oman-Dubai benchmark. That’s higher than the USD 0.90 hike traders had expected and marks the second straight month in which the Kingdom raised prices.

China is expected to reach peak oil demand at 16.9 mn bbl / d by around 2027, and its crude oil stockpiling is playing a role in shaping global oil markets this year, with reserves swelling by 1.42 mn bbl / d in June.

Chinese refiners have stuck to a familiar playbook this year, ramping up crude imports when prices dip and scaling back when they climb, according to AInvest. In 1H 2025, with Brent trading between USD 58.50 and USD 82.63 a barrel, imports rose to 12.14 mn bbl / d in 2Q as prices hit a four-year low. When prices rose earlier in the year, import volumes eased.

#2- Baltic index snaps losing streak: The Baltic Exchange’s dry bulk sea freight index — which tracks rates for the capesize, panamax, and supramax vessel segments — dropped 0.6% to 2,038 points on Monday. The capesize decreased 0.8% to 3,317 points, while the panamax index dipped by 1.3% to 1,614 points. The smaller supramax index went up by 0.4% to 1,325 points.

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CIRCLE YOUR CALENDAR-

The UAE will host the Africa Procurement and Supply Chain Leaders’ Conference on Monday, 25 August until Friday, 29 August in Dubai. The conference will host global industry leaders, policymakers and stakeholders to discuss how AI is changing procurement and supply chain efficiency, sustainability and risk management.

Oman will host Transport Middle East on Monday, 1 September until Wednesday, 3 September in Salalah. The conference will host 35 international speakers and over 50 exhibitors from the maritime sector to discuss global transportation and logistics.

Saudi Arabia will host the Sustainable Maritime Industry Conference on Wednesday, 3 and Thursday, 4 September in Jeddah. The event is set to gather over 60 speakers and more than 3k participants to discuss maritime decarbonization, digital transformation, regulatory frameworks, capacity building, and sustainable practices.

Algeria will host the Intra-African Trade Fair on Thursday, 4 September until Wednesday, 10 September in Algiers. The fair will host over 75 countries and 2k exhibitors across several sectors to explore investment prospects and exchange information on trade between B2B and B2G.

Oman will host the Comex Global Technology Show on Sunday, 7 September and run till Wednesday, 10 September in Muscat. The event will host over 360 participants and 133 tech startups to show achievements in eGovernment, fintech, smart cities, health tech, agritech and cybersecurity.

Saudi Arabia will host the Smart Ports & Logistics Transformation Summit on Monday, 15 September and Tuesday, 16 September in Jeddah. The summit will host over 40 global and local speakers, industry experts and policymakers to explore smart port solutions, port operations and logistics within Saudi Arabia.

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

COPY FROM PREVIOUS DAY

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

Nakilat to borrow up to USD 1.3 bn via five-year syndicated loan

Qatar Gas Transport Company (Nakilat) is reportedly shopping the Asian lending markets for a syndicated loan of USD 1 bn, Bloomberg reports, citing an unnamed source. Japan-based Mizuho Bank was reportedly tapped as lead arranger and bookrunner of the loan, which includes a “greenshoe” option that could add USD 330 mn to the loan value, the source said. The funds are earmarked for general corporate purposes.

What we know: The loan will have a five-year tenor and is expected to be priced at 82 basis points — or 0.82% — above the Secured Overnight Financing Rate, the US Treasury-collateralized benchmark that reflects the cost of borrowing overnight.

All about expansions: Nakilat currently boasts a fleet of 71 vessels, with at least 41 new vessels on its orderbook. Last month, the firm inked an initial financing agreement package with Export-Import Bank of Korea (Kexim) to back an order of 25 conventional Korean-built LNG vessels. QatarEnergy will charter the new vessels to support its expanding long-term LNG supply agreements.

CIB buys 4.9% stake in publicly owned Damietta Container and Cargo

Egypt offloads 4.9% stake in state-owned cargo company: Damietta Container and Cargo Handling Company (DCHC) sold EGP 513.6 mn worth of shares to Commercial International Bank (CIB) — equivalent to a 4.9% stake — through the block trade mechanism, according to a bulletin (pdf) on EGX and Asharq Business. The government is reportedly looking to offer a 20-25% stake in the company through the bourse.

IN CONTEXT- The Egyptian government is moving towards offering minority stakes in state-owned companies listed in its privatization program via the Egyptian Exchange (EGX), while reducing the number of stakes allocated to strategic investors, a government source told EnterpriseAM.

Stake sales to strategic investors will still be part of the plan — albeit a smaller part — with select agreements limited to investors in specific industries, we were told. Earlier reports suggested that the government was eyeing a private placement tranche for DCHC to attract major companies like Abu Dhabi Ports and DP World.

ICYMI- DCHC filed for a capital hike last February, requesting to raise its authorized capital to EGP 1.5 bn, up from EGP 400 mn, and increase its issued and paid-up capital to EGP 1.1 bn, up from EGP 200 mn.

The gov’t eyed other roads + ports operators for public offering: Port Said Container and Cargo Handling Company was also included in the government’s list of 32 state-owned companies slated for privatization, with Egypt’s Financial Regulatory Authority reportedly reviewing the company’s fair value assessment in 2023. A stake in the military-owned National Roads Company could also be up for sale by 2026 as part of the privatization program.

The state has also roughly halved its privatization targets for the fiscal year, with the government now planning to raise some USD 3 bn under its privatization program by the end of June, down from its previous USD 5-6 bn target, we were told.

ALSO IN THE PIPELINE-

Saudi Global Ports (SGP) reportedly tapped banks in December, including Goldman Sachs and HSBC, to arrange an upcoming IPO;
Saudi e-commerce platform Salla raised USD 130 mn in a pre-IPO investment round led by Bahrain-based Investcorp and others. Salla is yet to announce a timeline;
Israel’s Ashdod Port Company plans to float up to 49%, and has published a tender to select an IPO adviser in January;
The Egyptian gov’t is planning on selling a stake in the military-owned National Roads Company in 2026, as part of the government’s privatization program;
There’s still no finalized date for Etihad Airways’ IPO, but sources recently said the company could go ahead with its planned USD 1 bn IPO on the ADX by early 2026 ;
Malaysia’s largest port operator MMC Port Holdings filed a draft prospectus for its IPO with Malaysia’s securities regulator back in July. The IPO — possibly Malaysia’s largest in over a decade, with projected USD 1.3 issuance — is expected to move forward between 2H 2025 and 2026;
E-commerce and B2B firm Silq Group — the result of a recent merger between Saudi e-commerce platform Sary and Bangladesh’s ShopUp — is eying an IPO in 2027;
Adnoc is reportedly weighing an IPO for its recently set up USD 80 bn low-carbon and chemicals arm XRG on an international exchange. Any future floatation will take effect in five-odd years, Reuters reported in May, citing an unnamed source.

Flynas + Jazeera report solid 1H performance, despite weaker 2Q

FLYNAS-

Saudi carrier flynas reported a 3% y-o-y drop to SAR 191 mn to its adjusted bottom line in 2Q 2025, citing increasing fleet depreciation costs, according to an earnings release (pdf). The low-cost carrier's top line also recorded a slight dip of 1% y-o-y to reach SAR 2.1 bn in 2Q.

The carrier’s 1H performance ended on a more positive note, with adjusted net income rising 22% y-o-y to SAR 339 mn and top line increasing 1% to almost SAR 4 bn, largely driven by a solid Haj season.

The results were on target despite the dip, flynas CEO Bander Al Mohanna said in the release, pointing to headwinds including geopolitical tensions, a temporary suspension of pre-Hajj visas, and the grounding of some aircraft due to global delays in engine parts.

Operational highlights: Flynas added 11 new jets, boosting its fleet to 71 aircraft during 1H, while also launching 15 new routes across six countries.

Looking ahead, flynas sees its revenue growing between 6-18% in 2025, Aleqtisiadiah reports. The airline is also set to open two new centers in Saudi Arabia for pilot training and aircraft maintenance to cut operational costs, Al Mohanna told Asharq Business (watch, runtime: 10:34). It plans to launch flights to Kenya and Kosovo this year and is exploring options in Russia. It expects three more aircraft by year-end and a delivery of 30 Airbus A330neo wide-body jets in late 2026 or early 2027, supporting a strategic shift to long-haul flights.

REFRESHER- Flynas went public with a 30% stake on Tadawul’s main market in June, the Kingdom’s largest IPO so far this year and the highest-grossing Saudi IPO since Aramco’s stellar USD 29.4 bn debut in 2019.

A rough landing: While the IPO saw institutional and retail investors flock to subscribe for the USD 4.1 bn issuance, the airline’s shares dipped 3.4% on debut to close at SAR 77.30 apiece in its first week. The airline’s IPO marked the region’s first main market listing since the outbreak of the Israel-Iran conflict earlier that month — a geopolitical shock that triggered a regional sell-off, denting investor sentiment. Aviation stocks were among the hardest hit due to widespread disruptions to commercial flight schedules.

JAZEERA-

Kuwaiti low-cost carrier Jazeera Airways saw its y-o-y bottom line fall by 11% to KWD 4.8 mn in 2Q 2025, driven by regional geopolitical tensions and temporary airspace disruptions during the quarter, according to a statement and Boursa disclosure (pdf ). The airline’s operating revenue also took a 7.5% y-o-y dip to KWD 48.6 mn in 2Q.

The airline’s 1H performance stayed solid, however, recording about 250% y-o-y hike in net income to KWD 9.6 mn. Its operating revenue rose around 3.3% y-o-y to KWD 102.2 mn in 1H.

Big expansions to come: The carrier is slated to uptake some 26 new aircraft from Airbus in 2026, the statement says. Jazeera Airways also announced plans to acquire more narrow-body jets — to fill a market void left by the departure of 14 European carriers from Kuwait International Airport back in June.

REMEMBER- Jazeera Airways is also set to expand Terminal 5 — its terminal in Kuwait International Airport — with plans to boost its capacity to 7.5 mn passengers, up from the current 5 mn passengers.

Updates on investments, cargo, and shipping from across the region

INVESTMENT WATCH-

#1- China’s Changzhou Ramada will invest USD 22.6 mn to build a textile manufacturing facility in Egypt’s Qantara West Industrial Zone, according to a Suez Canal Economic Zone (SCZone) statement. The 80k-sqm plant will produce home textiles and garments, with an annual capacity of 5k tons of fabric, 4 mn bed cover sets, and 1 mn car carpet sets. Some 90% of output will be exported.

To get a measure of Chinese interest in the sector, we heard about six new Chinese garment and textile factories heading to the SCZone last month alone. These included contracts inked for two factories from Shandong Sunshell Group totalling USD 37 mn and a USD 28.5 mn factory from Zhejiang Charming for Dyeing and Finishing, along with a USD 20 mn factory from Changzhou East Noah Printing and Dyeing, a USD 24 mn factory from Changzhou Golden Spring Textile, and a USD 8.6 mn factory by Jiangsu Sainty Corporation. During the same month, China’s Bridge Textile International and F-Tex International also kicked off construction on two textile projects, with combined investments exceeding USD 55 mn.

DATA POINT- The Qantara West Industrial Zone secured 32 projects worth over USD 822.2 mn in total investments, expected to create 45.6k direct jobs, SCZone head Walid Gamal El Din said. The authority aims to develop the zone into a fully integrated base for textiles, ready-made garments, and accessories, with strong export orientation.

#2- New global crane player in the UAE: Crane sales, leasing, and maintenance provider Mycrane Trading raised USD 50 mn from a DIFC-based investment holding company to launch operations from Jebel Ali Freezone, according to a press release. The business will integrate with the Mycrane online rental platform — which has over 3k active B2B users — to offer the purchase, lease, and sale of cranes and heavy construction equipment, along with spare parts and accessories.

Where’s the money going? The funding will be used to expand the platform’s rental user base, grow its global trading arm, and maintain strategic stock for quick delivery, Construction Machinery News reports, citing Mycrane’s CEO Andrei Geikalo.

Market focus: Mycrane will source cranes from oversupplied regions including Europe and China and sell into markets such as the UAE, Saudi Arabia, India, and Africa. The company plans to expand into the US, Canada, Germany, the UK, and several APAC markets in 2026.

SHIPPING + MARITIME-

Iraq detains vessel suspected of oil smuggling: Iraqi authorities have seized a Liberian-flagged oil tanker for allegedly smuggling oil near Basra’s oil terminal, Reuters reported last week, citing unnamed sources in the Iraqi government and navy. The Liliana, owned by Dubai-based Babylon Navigation, was carrying 93k tons of fuel oil believed by authorities to be of Iraqi origin. Another unnamed ship was also stopped and searched.

Fuel smuggling often crops up in Gulf waters, with heavily subsidized fuels illegally winding up on the black market, the newswire reports. It has been rare, however, for the Iraqi navy to detain ships until recently.

MEANWHILE- Iran also seized another tanker: Iran intercepted Phoenix, a Cook Islands-flagged tanker, for allegedly attempting to smuggle 2 mn liters of fuel in the Gulf of Oman — worth up to IRR 759 bn (USD 840k) — near Hormozgan Province, Iranian border police commander Ahmad Ali Goudarzi told IRNA. At least 17 foreign suspects were arrested and transferred to the province's Jask County.

This isn’t the first time: Iran reportedly intercepted another foreign oil tanker for illegally transporting 2 mn liters of fuel in the Sea of Oman and lacking proper documentation last month. It also intercepted a Togo-flagged, UAE-managed tanker carrying 1.5k tons of marine gas oil off the coast of Iraq — which was reportedly headed to Sharjah Port in the UAE — in July 2024.

CARGO-

Asyad completes intermodal shipment of breakbulk cargo: Oman’s Asyad Group has transported a 115 metric-ton pressurized LNG cryogenic tank from Northern India to Dammam, according to a statement. The 28 meter-long, 5.5 meter-high piece of cargo — transported on behalf of Indian firm Gas Lab Asia — travelled 1.5k km by land from Northern India to Mumbai port over three weeks, before being shipped via the Arabian Sea to Dammam.

ICYMI- Asyad-operated Khazaen Dry Port received its first international container shipment as a final destination port last week, after it joined French shipping conglomerate CMA CGM’s global shipping network, with Sohar Port serving as a transit hub.

Meta secures financing partners for Louisiana data center expansion

Meta tapped Pacific International Management (Pimco) and Blue Owl Capital to help finance its USD 29 bn data center expansion in Louisiana, people familiar with the matter told Bloomberg on Friday. Pimco will contribute USD 26 bn in debt — likely to be issued as investment-grade bonds — while Blue Owl is providing USD 3 bn in equity. Morgan Stanley led the process as Meta’s advisor, and more investors could be added to the plans in a later phase, the news outlet added.

Pilatus halts US deliveries: Swiss aircraft manufacturer Pillatus Pilatus Flugzeugwerke AG has suspended deliveries to the US, citing “massive additional costs” caused by the US tarrifs, Bloomberg reported on Friday citing a statement. This comes a right after President Donald Trump’s 39% tariffs on Switzerland came into effect. The firm is export-dependent, as the US makes up c.40% of Pilatus’ orders every year.

Next steps: Pilatus will be cooperating with customers to send the plans to other markets besides the US, according to the news outlet. The firm is also expediting the construction of its assembly plant in Florida, where aircraft will be built and assembled fully.

Calendar

AUGUST

25-29 August (Monday-Friday): Africa Procurement & Supply Chain Leaders’ Conference, Dubai, UAE

SEPTEMBER

1-3 September (Monday-Wednesday): Transport Middle East 2025, Salalah, Oman.

3-4 September (Wednesday-Thursday): Sustainable Maritime Industry Conference, Jeddah, Saudi Arabia.

4-10 September (Thursday-Wednesday): Intra-African Trade Fair, Algiers, Algeria.

7-10 September (Sunday-Wednesday): Comex Global Technology Show, Muscat, Oman.

15 (Monday) September: Logistics Leaders Saudi 2025, Riyadh, KSA

15-16 (Monday-Tuesday) September: Smart Ports & Logistics Transformation Summit, Jeddah, KSA

24-26 September (Wednesday-Friday): Routes World, Hong Kong.

25 September (Thursday): World Maritime Day.

30 September-2 October (Monday-Thursday): Global Rail Transport Infrastructure Exhibition and Conference, Abu Dhabi, UAE.

OCTOBER

The International Maritime Organization (IMO) is set to formally adopt the Net-zero Framework this month, stipulating new fuel standards for ships and a global pricing mechanism for emissions.

1-2 October (Wednesday-Thursday): Saudi Maritime & Logistics Congress, Dammam, Saudi Arabia.

6-8 October (Monday-Wednesday): Maritime Cyprus Conference 2025, Limassol, Cyprus.

7-8 October (Tuesday-Wednesday): Global EV & Mobility Technology (GEMTECH) Forum, Riyadh.

13-17 October (Monday-Friday): The Marine Environment Protection Committee’s second extraordinary session, London, UK.

14-15 October (Tuesday-Wednesday): Investing in Africa Conference and Expo, London, UK.

15 October (Wednesday): Global Trade Review, Cairo, Egypt

28-30 October (Tuesday-Thursday): Borneo International Maritime Week, Sarawak, Malaysia.

NOVEMBER

3-6 November (Monday-Thursday): ADIPEC Maritime and Logistics Exhibition and Conference, Abu Dhabi, UAE.

4-6 November (Tuesday-Thursday): Air Cargo Forum, Abu Dhabi, UAE.

9-11 November (Sunday-Tuesday): TransMea Expo, Cairo, Egypt

17-21 November (Monday-Friday): Dubai Airshow, Dubai, UAE.

24-26 November (Monday-Wednesday) The World Advanced Manufacturing & Logistics Saudi Expo, Riyadh, Saudi Arabia.

DECEMBER

1-3 December (Monday-Wednesday): INTRALOGISTICS Powered by CeMAT, Riyadh, KSA

2 December (Tuesday): European Commission issues its decision on Adnoc’s Covestroc acquisition.

15-16 December (Monday-Tuesday): Supply Chain And Logistics Conference 2025, Riyadh, KSA.

2026

27-29 January (Tuesday-Thursday) Transport Middle East 2026, Abu Dhabi, UAE.

4-5 February (Wednesday-Thursday): Breakbulk Middle East, Dubai, UAE.

28-30 April (Tuesday-Thursday) Mediterranean Ports and Logistics, Porto, Portugal.

12-13 May (Tuesday-Wednesday): IntraLogistex, Abu Dhabi, UAE

24-26 June (Wednesday-Friday) Transport Logistic & Air Cargo 2026, Shanghai, China.

7-9 July (Tuesday-Thursday) Asean Ports and Logistics, Kuala Lumpur, Malaysia.

17-19 November (Tuesday-Thursday) Intermodal Africa 2026, Luanda, Angola.

UN Trade and Development Global Supply Chain Forum to take place in Saudi Arabia.

2027

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

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