ZONES- Abu Dhabi’s Kezad inks agreement for APT plant: AD Ports’ Khalifa Economic Zones Abu Dhabi (Kezad) and Dubai-based Al Ghurair Group subsidiary Automotive Precision Technology (APT) have inked a lease agreement for a 30k sqm plot of land for an automotive aluminum component manufacturing plant, according to a press release. The facility, set to […]
Author Archives: enterpriseam admin
Airbus recorded a revenues boost and a dip in net income in 2023
European aircraft maker Airbus saw an 11% y-o-y fall in net income to EUR 3.8 bn in 2023, according to an earnings release published last week. The company’s topline saw an uptick of 11% y-o-y to EUR 65.4 bn on the back of boosted commercial aircraft deliveries, with aircraft delivered up 11.2% during the period […]
FEBRUARY 22-24 February (Thursday-Saturday): International Freight Forwarders Conference, Dubai, UAE. 26-29 February (Monday-Thursday): World Trade Organization's 13th Ministerial Conference, Abu Dhabi, UAE. 27 February (Tuesday): TradeTech Forum, Abu Dhabi, UAE. 28 February (Wednesday): Industrial and Building Technology event, Dubai, UAE. 28 February-1 March (Wednesday-Friday): MENA Transport Congress and Exhibition, Dubai, UAE. 29 February (Thursday) :Future-Proof […]
TODAY: Mawani and RSGT complete Jeddah Islamic Port upgrade + Seafarers can give the Red Sea a pass
What we’re tracking this morning regionally and around the world
Mawani and RSGT conclude expansions and upgrades at Jeddah Islamic Port
The terminal saw investments worth some SAR 1 bn.
Oman outlines logistics and transport projects for 2024
Oman looks to take the first steps towards implementing a joint railway project with neighbor UAE
European retailers urge EU states to do more to counter disruptions + seafarers can now opt out of Red Sea transits
Egypt has lost some USD 508 mn in Suez Canal revenues due to ongoing Red Sea disruptions
Adnoc L&S saw its net income more than double in 2023 to USD 620 mn
The company had raised USD 769 mn in a historic IPO mid-2023.