Saudi’s PMI remains unchanged in April as expansion holds steady while UAE’s headline figure was at its lowest in eight months
Author Archives: enterpriseam admin
Agility Global shares jump more than four-fold on ADX debut
The Kuwaiti logistics outfit’s share price reached AED 1.48 on the first day of trading
Bahri’s bottomline sees 8% y-o-y drop + NMDC’s net income shoots up 122% y-o-y in 1Q 2024
The company’s topline also witnessed a 2.6% y-o-y fall to SAR 2.3 bn
UAE eyes boosted trade with Uzbekistan and Iran, UK + Egypt collaborate on export financing, EXIM + QDB partner on exports and imports
UK Export Finance will fund project in collaboration with Egypt’s GAFI
Oman Air appoints new CEO
Oman Air’s new chief is tasked with turning around the carrier’s finances
DP World completes Savan Logistics acquisition, Iozera eyes Morocco data center, Emaar + Aramex partner on logistics bots,
M&A WATCH- DP World has finalized its acquisition of Laos-based Savan Logistics, which operates the Savannakhet dry port in Laos' Savannakhet Special Economic Zone, according to a statement. No details were provided on the value of the transaction. The move sees DP World assuming management of the dry port, a logistics hub linking supply chains […]
EU-China trade war is brewing + Maersk earnings take a big hit
The EU is preparing to launch a trade war with China over the import of cheap electric cars and cheap solar and wind technology, Reuters reports, according to comments made by president of the European Commission Ursula von der after a meeting with the Chinese president Xi Jinping. “Europe will not waver from making tough […]
MAY 5-7 May (Sunday-Tuesday): ReverseMi Logistics Network, Abu Dhabi, UAE. 6-9 May (Monday-Thursday): Saudi Smart Logistics, Riyadh, Saudi Arabia. 7-9 May (Tuesday-Thursday): Annual Investment Meeting (AIM) Congress, Abu Dhabi, UAE. 14-15 May (Tuesday-Wednesday): Seamless Middle East, Dubai, UAE. 14-16 May (Tuesday-Thursday): The Airport Show, Dubai, UAE. 18-21 May (Saturday-Tuesday): Exhibition of Rail Transportation and Related […]
TODAY: Dammam Port will get a new logistics hub + DP’s Unifeeder expands in Latin America
What we’re tracking this morning regionally and around the world