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Posted inDiplomacy

UAE, India eye new virtual trade corridor + KSA, India to build clean energy supply chain. PLUS: More from Iran, Algeria, Tunisia, and Saudi Arabia

India, UAE discuss possibility of launching virtual trade corridor: The 11th meeting of the UAE-India High Level Joint Task Force on Investments saw officials from the two countries discuss the Abu Dhabi-India Virtual Trade Corridor, which seeks to boost trade volumes by creating data exchange systems that streamline paperless trade between the two nations, Wam […]

Posted inAlso on Our Radar

Aramex rolls out EV fleet in UAE + Royal Jordanian to kick off capital restructuring program. PLUS: More from Adnoc L&S, Etihad Cargo and others

LAST MILE- Aramex has introduced fully electric vehicles (EVs) to its last mile delivery fleet in the UAE, according to a press release. The move is part of a larger company drive to achieve carbon neutrality by 2030 and to become net-zero by 2050, and it builds on earlier initiatives by Aramex in Jordan and […]

Posted inAround the World

CMA CGM teams up with Renault, Volvo on new electric van company + US trade deficit narrows on falling imports

CMA CGM, Renault, and Volvo pool resources for new electric van company: Renault Group and Volvo Group have inked binding agreements to kickstart a new company where they will each initially hold equal ownership stakes and invest EUR 300 mn apiece over a three year timeframe, according to a company statement. CMA CGM has inked […]

Posted inCalendar

OCTOBER Egypt’s Suez Canal Economic Zone (SCZone) goes on a roadshow to South Korea. 8-10 October (Sunday-Tuesday): Saudi-Turkish Trade Summit, Istanbul, Turkey. 9-15 October (Monday-Sunday): 2023 World Bank Group - IMF Annual Meetings, Marrakech, Morocco. 10-12 October (Tuesday-Thursday): Intermodal Europe 2023, RAI Amsterdam, Netherlands. 10-12 October (Tuesday-Thursday): Cool Logistics Global 2023, Genoa Stock Exchange, Genoa, […]

Posted inWhat we're tracking today

TODAY: Road and infrastructure projects courtesy of Egypt and Iraq + Egypt to resume LNG exports this month

Good morning, lovely people. We wrap this busy week with another packed issue, with fresh PMI data from the UAE and a mixed bag of news spanning M&A, ports and more. THE BIG LOGISTICS STORY- T he UAE’s non-oil business sector expanded at a fast pace in September on the back of a record increase […]

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