Logistics (MENA) 
MENA+ Edition 
Egypt Edition 
UAE Edition 
Saudi Edition 
MENA <> India Corridors 
Climate (MENA) 
The funds will go towards measures that can boost Egypt’s progress on the WTO’s trade facilitation program
Author Archives: enterpriseam admin
Posted inZones
Egypt approves establishment of new Ain Sokhna private freezone + Hutchison Ports eyes USD 2 bn in investments in Egypt
The freezone will produce bio quartz and panels, mostly for export
Posted inStartup Watch
Moroccan startup CloudFret secures EUR 2 mn to expand its operations
The funds will be used to introduce new technology and double their employees
Posted inEarnings Watch
Emirates Group posts record bottomline in 1H 2023-2024
The aviation firm saw its net income hit a record high in 1H 2023-2034
Posted inEarnings Watch
Jazeera Airways’ bottomline dips in 3Q 2023
The freight service provider also recorded a 3.4% y-o-y decline in revenues in 3Q 2023 amid lower yields and higher operating costs
Posted inDiplomacy
KSA inks 50 MoUs with African countries, including in transport + Iran inked agreements with Tajikistan, Afghanistan
Saudi Arabia inked over 50 MoUs with African countries at the Saudi-African Summit in a wide range of economic fields, including transportation and logistics services, Saudi Press Agency reports. The summit, held on 10 November in Riyadh, KSA, aimed to promote strategic partnerships and economic cooperation between the two countries. The two countries also issued […]
Posted inMoves
Afreximbank appoints Haytham El Maayergi as new executive VP of Global Trade Bank
African Export-Import Bank (Afreximbank)has appointed Haytham El Maayergi (Linkedin)as its Executive Vice President of Global Trade Bank, succeeding Amr Kamel (LinkedIn), according to a press release. Before joining Afreximbank, Maayergi spent 25 years working in regional and multinational banking institutions, including Citibank, Standard Chartered Bank, and Société Générale.
Posted inAlso on Our Radar
GCC approves unified tourist visa + Etihad Airways outlines expansion plans. PLUS: More from Riyadh Air, SCZone, Bahrain and Kuwait
TRADE- The GCC states have unanimously approved a unified tourist visa for the region, according to a press release. The visa aims to enhance tourism and the economy by facilitating the movement of residents and tourists between the six GCC states. Previously, tourists and foreign residents of the bloc required different visas or visa waivers […]
Posted inAround the World
Activists and trade unions block arms containers from reaching Israel in Spain + Australia
The Barcelona port stevedores' union is refusing to handle military material amid Israel’s attacks on Gaza, Reuters reports. The move is symbolic and aims to encourage other Spanish ports to refuse to load or unload military material, secretary of the OEPB union Josep Maria Deop told Reuters. Deop added that “organizations promoting peace” can help […]