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Four regional airlines have secured orders from Boeing to diversity their fleets and expand operations
Author Archives: enterpriseam admin
Posted inZones
DP World to begin construction of Sokhna port logistics zone this month
The company has so far invested USD 1.3 bn to develop the Ain Sokhna port
Posted inEarnings Watch
Adnoc L&S reports a 46% y-o-y bottomline increase in 3Q 2023 + Wizz Air posts fivefold increase in bottomline
The growth was underpinned by its integrated logistics services segment, its acquisition of ZMI and solid tanker and gas carrier charter rates
Posted inAlso on Our Radar
Etihad Cargo launches solution to streamline bookings + Riyadh Airports to develop tech solutions
AVIATION- The UAE’s Etihad Cargo has launched an instant offer rate (IOR) solution to streamline its booking process, according to a statement. The IOR solution, developed in collaboration with IBS Software, aims to increase response times and provide competitive prices based on customer requirements by generating prices using key booking and flight criteria, including density, […]
Posted inAround the World
Alstom is in a pickle + Adani Group secures US funding for major port expansion
Trouble on the rails: French rolling stock manufacturer Alstom’s shares have plunged in value after it warned last month that it faced a cash flow squeeze, prompting the market to raise flags about the company’s debt position — setting up the possible loss of its investment grade rating, the Financial Times writes. That could set […]
Posted inCalendar
NOVEMBER Mid-November: Third Caspian Economic Forum, Iran. September-November: Emirates Postal Group’s “Logistics Unleashed” competition, UAE. 9-15 November (Thursday-Wednesday): Intra-African Trade Fair, Cairo, Egypt. 13-17 November (Monday-Friday): Dubai Airshow, Dubai World Center, UAE. 14-15 November (Tuesday-Wednesday): Supply Chain & Logistics Arabia, Narcissus, Riyadh, Saudi Arabia. 14-17 November (Tuesday-Friday): IATA Slot Conference, Dubai World Trade Centre, Dubai, […]
Posted inWhat we're tracking today
TODAY: DP World Australia hit by cyberattack, suspending operations at ports + Dubai Airshow kicks off today
Good morning, wonderful people. We have a packed issue for you this morning, as airline chiefs gather in Dubai for the annual Dubai Air Show and disruptions continue to hit ports and borders across the world. THE BIG LOGISTICS STORY- DP World is reportedly in talks over an acquisition of Hong-Kong-based logistics firm Cargo Services […]
Posted inM&A Watch
DP World in talks to acquire Hong Kong-based logistics firm
A transaction could value the Hong Kong-based company at USD 800 mn