The UAE-basedZajel Courier Services has appointed Nabeel Al Kharabsheh (LinkedIn) as its new general manager, according to a press release. Before joining Zajel, Kharabsheh was the general manager at logistics outfit Ajex for more than a year, and served as country operations manager at FedEx in the UAE for over a year. He was also […]
Author Archives: enterpriseam admin
GCC countries urge Iraq to act on its annulment of a Khor Abdullah law + UAE, Serbia launch CEPA talks
GCC FMs urge Iraq to resolve issues resulting from its annulment of a Khor Abdullah law: The Gulf Cooperation Council’s foreign ministers are urging Iraq to address the potential negative repercussions of the annulment of a law governing its Khor Abdullah maritime agreement with Kuwait, Kuwaiti news agency KUNA reports. The FMs called on the […]
Warehouse automated solutions suffer from lacking internet infrastructure + The problems with the US’ counter-BRI initiative in MENA
Warehouses in the US are struggling to automate due to the lack of proper internet infrastructure: Companies looking to boost their efficiency by deploying automated logistics solutions are running into hurdles as they find that their internet connectivity falls short of requirements, the Wall Street Journal reports. Pre-existing internet, cellular, and electrical infrastructure cannot keep […]
SCZone eyeing EGP 30 bn loan for green hydrogen projects + Qterminals officially acquires majority stake in Kramer. PLUS: More from KSA, Japan, OPAZ, and Iran
DEBT WATCH- SCZone wants a big loan to fund green hydrogen projects: The General Authority for the Suez Canal Economic Zone (SCZone) is on course to take out a 15-year, EGP 30-bn loan from a syndicate of local banks to finance the infrastructure for a number of green hydrogen projects, a source at the Finance […]
Alibaba to invest USD 2 bn in Turkey + Maersk, CMA CGM collaborate on shipping decarbonization
Alibaba to invest USD 2 bn in Turkey: Chinese e-commerce giant Alibaba will invest USD 2 bn in Turkey, the company announced after a meeting between President Recep Tayyip Erdogan and Alibaba head Michael Evans, Bloomberg reports. Alibaba has already invested some USD 1.4 bn in Turkey through e-commerce marketplace Trendyol, in which Alibaba owns […]
19-20 September (Tuesday-Wednesday): Economist Impact’s Global Trade and Supply Chain Summit, The Address Dubai Marina, Dubai, UAE. 20 September (Wednesday): Construction Week Leaders in Construction UAE Summit Grosvenor House, Dubai, UAE. 20-21 September (Wednesday-Thursday): Saudi Maritime Congress, Dhahran Expo, Damman, Saudi Arabia. 20-22 September (Wednesday-Friday): Airfreight Pharma in association with Pharma Aero, Grand Hyatt Athens, […]
TODAY: See you at the Finance Forum today + UAE inaugurates new maritime developments in Al Dhafra
Good morning, friends. We have a lot of updates from across the region for you this morning, but first… IT’S TODAY- The Enterprise Finance Forum is taking place today and tomorrow at the St. Regis Hotel on the Nile Corniche. This flagship forum is the latest in our must-attend series of invitation-only events, where CEOs, […]
New details emerge on India-MENA corridor, including what MENA ports will be linked via sea
Fujairah, Jebel Ali, and Abu Dhabi ports in the UAE, as well as Dammam and Ras Al Khair in KSA, are candidates for the GCC leg of the route
Maersk’s new green fuels venture eyes Suez Canal production hub
The company is pursuing large-scale green methanol projects near the Suez Canal