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The pause comes amid increased attacks on shipping in the region
Author Archives: enterpriseam admin
Posted inAviation
Turkish Airlines expands its fleet by ordering 220 aircraft from Airbus
The landmark order is expected to run into the tens of bns USD
Posted inM&A Watch
AD Ports Group is reportedly in talks to acquire a stake in Turkey’s Izmir Port
The transaction may run up a value of USD 500 mn
Posted inM&A Watch
UAE’s Mubadala eyes a stake in Indian logistics company IndoSpace Core
IndoSpace Core has 50 logistics parks with 57 mn square feet of space both delivered or under development
Posted inInvestment Watch
Egytrans forms JV with Saudi Links Investment to establish logistics and transport company
Both entities will hold an equal equity stake in the new logistics JV based in Riyadh
Posted inDiplomacy
UAE, Azerbaijan to boost digital infrastructure cooperation + Iran, Armenia approved EAEU freetrade agreement
UAE, Azerbaijan sign MoU to strengthen Azerbaijan’s digital infrastructure, Armenian government approves EAEU freetrade agreement with Iran
Posted inAround the World
Panama Canal to expand daily booking slots in January 2024
Panama Canal to increase booking slots: The Panama Canal Authority says it will increase the number of transit slots for its Panamax and Neopanamax locks to 24 per day effective mid-January, Reuters reported on Saturday. The authority had previously planned to have 18 transit slots per day, yet altered this figure based on the current […]
Posted inAlso on Our Radar
Terra raises USD 2 mn in seed round, Oman Air kicks of Hyderabad freighter service, and Menzies Aviation partners with Wipro on cargo management
LAST MILE- Terra raises USD 2 mn in seed round: UAE-based electric mobility startup Terra has raised USD 2 mn in a seed funding round that saw participation from angel investors, according to a statement released on Thursday. The raised funds will be funneled towards upgrades to the firm’s e-motorbike and battery swapping operations ahead […]
Posted inCalendar
ONGOING 2 October 2023-28 March 2024: Doha Expo 2023, Doha, Qatar. DECEMBER 18-20 December (Monday-Wednesday): International Exhibition of Transportation, Logistics, and Related Industries (Iran Trans Expo 2023), Imam Khomeini Grand Prayer Campus (Mossala), Tehran, Iran. 19-20 December (Tuesday- Wednesday): The Saudi Airport Exhibition, Riyadh International Convention and Exhibition Centre. EVENTS WITH NO SET DATE 2H […]