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Author Archives: enterpriseam admin
KSA’s Dammam Port to gain a regional logistics hub
The center looks to cover 55% of Dammam’s total logistics operations
DP World subsidiary Unifeeder sets up Panama office in Latin American expansion
The firm plans to handle over 200k 20-ft containers and complete 800 port calls in Latin America this year
Egypt strengthens transport cooperation with France and inks agreements with Belarus on finance and customs
France is looking to help Egypt localize rail industries
Spark Logistics appoints new CEO Dave Lee
Lee brings with him over two decades of experience, holding several leadership positions at Hutchison Ports.
Dubai ranks 11th globally in the 2024 Leading Maritime Cities Index
Dubai took the top spot in the Arab World in LMC’s ranking
A basket of updates from Saudi, UAE, and Egypt
The service will operate weekly trips to the ports of La Spezia and Naples in Italy, Mersin in Turkey, and Alexandria in Egypt.
Amazon’s 1Q earnings beat expectations + South Korea’s exports boomed in April
Amazon tripled its quarterly bottomline y-o-y to USD 10.4 bn in Q1 2024 rising above Wall Street’s expectations, Reuters reports. Sales spiked by 13% to USD 143.3 bn, growing beyond the USD 142.5 bn average. The tech giant’s earnings growth was driven by marked interest in AI. Amazon’s leading cloud-computing services subsidiary Amazon Web Services […]