Good morning, friends. The news slowdown has not abated as we wrap the week, but there are a few updates from the UAE on the trade and diplo front worth noting, so let’s dive in. THE BIG LOGISTICS STORY- The UAE and Iraq agreed to finance imports and trade in AED, in keeping with a […]
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Iraq, UAE to trade in AED + UAE to start trade talks with Australia
Iraq and the UAE will launch financial transfer operations in AEDs
Saudi Arabia + China ink logistics and rail agreements
The kingdom is looking to diversify its economy away from oil by deepening their trade and economic ties
Shipping has been on the decline this year, and 2024 doesn’t look much better
Container trade is witnessing a decline in 2023, and is set to inch up 3% y-o-y in 2024
Months-long Logistics Unleashed competition wraps + Agility CEO listed on Logistics News ME Power 40
Emirates Post Group wraps its “Logistics Unleashed” robotics competition: The Alpha Team members took first place in the competition, which was held by Emirates Post in partnership with the UAE Education Ministry, AI-solutions provider Bayanat, drone outfit Skygo, and advanced manufacturer Strata, according to a press release. Team RoboPost took second place, while MASH Innovators […]
Iranian ship stuck at Turkish port for three years is gearing up to leave
US sanctioned Iranian ship stuck at Turkish port for three years prepares to leave:Iranian container ship Shamim, which has been stuck at Istanbul's state-operated Haydarpasa Port since unloading there in January 2021 is preparing for departure, Bloomberg reports. The vessel had experienced an engine fault off the coast of Spain in late 2020 and was […]
Ryanair goes domestic in Morocco in summer of 2024 + Careem launches e-bike delivery fleet. PLUS: More M&A, rebranding, and aviation news
AVIATION- Ryanair approved for Morocco domestic flights: Ireland-based budget carrier Ryanair will kick off domestic flights in Morocco next summer, after receiving the greenlight from Morocco’s government, according to a statement by Morocco’s Tourism Minister, Fatima Zahra Ammor. The airline will launch 11 domestic routes, linking the Moroccan cities of Agadir, Errachidia, Essaouira, Fez, Marrakesh, […]
DECEMBER 9-15 December (Saturday-Friday): The Engineering Export Council of Egypt’s visitto Saudi Arabia. 12-14 December (Tuesday-Thursday): Food Africa Cairo 2023, Egypt International Exhibition Center, Cairo, Egypt. 13-15 December (Wednesday-Friday): IICS Exhibition - India International Cargo Show, Mumbai India. 18-20 December (Monday-Wednesday): International Exhibition of Transportation, Logistics, and Related Industries (Iran Trans Expo 2023), Imam Khomeini […]