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Author Archives: enterpriseam admin
International banks are arranging a EUR 2.26 bn loan for Egypt’s railways
The loan will fund the acquisition of locomotives, trains, and other equipment
Emirati-Omani consortium snags USD 1.35 bn contract for UAE-Oman rail link
The link — also known as the Hafeet Railway — is 303 km long and connects Oman’s Sohar Port to Abu Dhabi
UAE’s Shorages closes USD 1 mn pre-series A funding + Wee closes USD 10 mn pre-seed round
The funding round will allow Shorages to expand its operations in the GCC
EasyLease sees bottomline jump 136.5% y-o-y in 1Q 2024
The company’s topline surged 38.6% y-o-y to AED 97.4 in Q1 2024
Oman + India look to ink trade agreement, Oman + Egypt ink air transport agreement
Oman has agreed to remove duties on Indian exports worth USD 3 bn per annum
Mawani adds shipping service in Dammam, New AFS data center in Egypt, Iran + Cuba look to enhance trade cooperation
TRADE- Iran + Cuba eye stronger trade ties: Iranian Minister of Roads and Urban Development Mehrdad Bazrpash and Cuban Transport Minister Eduardo Rodriguez Davila have agreed to establish sister ports to boost shipping and trade between their countries, IRNA reported on Saturday. The two countries are looking to boost cooperation in maritime, air, and rail […]
Russia hits at Ukrainian power facilities, American Airlines reshuffles schedules amid Boeing delivery delays
Russian missiles have struck power facilities in central and western Ukraine, Reuters reported on Sunday. The aerial assault, the fourth large-scale attack on energy infrastructure since 22 March, involved the use of long-range missiles launched by Russian strategic bombers in the Arctic Circle. Ukrainian air defenses intercepted 21 of 34 incoming missiles, according to the […]
APRIL 2024 24 April-1 May (Wednesday-Wednesday): Abu Dhabi Mobility Week, Abu Dhabi, UAE. 27 April-1 May (Saturday-Wednesday): Iran Expo 2024, Tehran, Iran. 28-29 April (Sunday - Monday): World Economic Forum, Riyadh, Saudi Arabia. 29 April- 2 May(Monday-Thursday): GLA Global Logistics Conference, Dubai, UAE. 30 April- 2 May(Tuesday-Thursday): Autonomous E-mobility Forum, Doha, Qatar. MAY 2-3 May […]