Good morning, wonderful people. The newsflow is still slower than expected for a September morning, but not without interesting updates — including a big IPO for a Saudi logistics firm in the works. THE BIG LOGISTICS STORY- Saudia Arabian Airlines and Tarabot Air Cargo Services are listing 30% of subsidiary air cargo handler Saudi Logistics […]
Author Archives: enterpriseam admin
SAL Saudi Logistics Services is set to IPO 30% stake on Tadawul
The book building process will kick off on 25 September
Egyptian bank consortium to provide EGP 700 mn loan to East Port Said Port
The loan could go towards one of the port’s three logistics areas
UAE, Philippines talk boosting trade + Austria reopens embassy in Iraq. PLUS: Iran approves bill to boost trade with Belarus
UAE + Philippines work towards boosting trade : The UAE’s Minister of Foreign Trade Thani bin Ahmed Al Zeyoudi and a delegation from the Philippines discussed avenues for trade and investment, Emirati news agency Wam reports. The officials discussed recent updates in the comprehensive economic partnership agreement (CEPA) between the two countries, which aims to […]
Emirati food supplier Aramtec deploys warehouse automation to boost worker productivity + Iraqi ports to deploy smart buoys
STORAGE + WAREHOUSING- Arametc will deploy Zebra’s warehouse automation solution : Emirati food supplier Arametc will deploy a warehouse automation system provided by UAE-based digital solutions provider Zebra, according to a press release. The new solution, which is being implemented in response to growing customer needs and changes in its supply chain, will be deployed […]
Amazon makes blockbuster carbon credit purchase + India eyes higher diesel tax
Amazon purchases 10-year carbon removal credits from 1PointFive: Amazon has committed to buying 250k tons worth of carbon dioxide removal (CDR) credits over a decade from the 1PointFive direct air capture technology (DAC) plant in Texas, according to a statement. Amazon says the move will help accelerate the development of DAC solutions and is part […]
SEPTEMBER 11-14 September (Monday-Thursday): The Libyan Moroccan Forum for Trade and Business, Tangiers, Morocco. 11-15 September (Monday-Friday): London International Shipping Week 2023, International Maritime Organization, London, UK. 12 September (Tuesday): Global Pharma Logistics Summit 2023, ITC Maratha, Mumbai, India. 13-14 September (Wednesday-Thursday): The Belt and Road Summit, Hong Kong Convention and Exhibition Centre, Hong Kong. […]
TODAY: Turkey is on board with the US-backed India-MENA logistics corridor + Egypt unveils airport expansion plans
Good morning, friends. Things have quieted down in the logistics world since we last wrote to you, but we do have a few interesting updates on the shipping and trade fronts. THE BIG LOGISTICS STORY- Adnoc Logistics & Services has marked its entry into Iraq with the delivery of a jack-up barge serving Iraqi customers […]