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What we’re tracking this morning regionally and around the world
Author Archives: enterpriseam admin
Posted inSTORAGE + WAREHOUSES
RSA Cold Chain breaks ground at Jafza flagship cold storage facility
The facility will be equipped with eight chambers, and will bring 40k new pallet positions to Jebel Ali’s port area
Posted inPorts
DP World + Einride launch the region’s largest electric freight fleet
Einride will electrify inter-terminal container flows at Jebel Ali Port
Posted inLAST MILE
Turkey’s last-mile firm Getir clashes with Mubadala in management row
Getir’s valuation crashed to USD 2.5 bn last September tumbling from USD 11.8 bn in 2022
Posted inStartup Watch
Self-storage startup Wheekeep closes USD 8 mn series A round
The proceeds are earmarked for local expansion
Posted inEarnings Watch
AD Ports’s net income jumps 10% y-o-y in 1Q 2024
Recent acquisitions contributed to the boost in AD Port Group’s earnings
Posted inAlso on Our Radar
QFZ inaugurates distribution hubs at Ras Bufontas, KPC + UNIPEX renew oil contract, Ooredoo Kuwait + Tabby partner on payment services
LOGISTICS HANDLING- The Qatar Free Zones Authority (QFZ) has inaugurated 20 regional distribution hubs in the Ras Bufontas Freezone, QNA reports. The hubs are strategically located next to Hamad International Airport and Hamad Port, giving them access to global markets via air and sea. The hubs feature high-speed roller shutters, charging points for electric cars, […]