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Good morning, lovely people. We’re ushering in the new month — and season — with a wealth of updates from across the region, in sectors from aviation to storage and warehousing. We expect the newsflow to continue to pick up as the summer lull dies out. THE BIG LOGISTICS STORY- Abu Dhabi International Airport is […]
Author Archives: enterpriseam admin
Posted inAviation
Abu Dhabi International Airport to open new USD 3 bn terminal in November + Etihad Cargo introduces new flights to boost cargo capacity ahead of winter season
The new terminal was scheduled to open in 2017, but was delayed on the back of funding disputes
Posted inAviation
Project to develop Iraq’s Baghdad Airport gets a shot in the arm from the IFC
The multilateral lender became Iraq’s lead advisor on a project to rehabilitate Baghdad Airport
Posted inStorage + Warehousing
Kuwait Investment Authority establishes new USD 162 mn logistics-focused subsidiary
Kuwait Storage Company will be specialized in storage and warehousing services, as well as providing maintenance and support services for the maritime and aviation sectors
Posted inLogistics Handling
UPS closes ISMEA-focused Dubai office, lays off hundreds of staff
The delivery giant reportedly plans to merge its ISMEA operations with its Prague office as it looks to reduce staffing “redundancies”
Posted inDiplomacy
Iraq, Turkey eye boosting trade, oil flows + Jordan plans to boost exports to Kazakhstan. PLUS: More cooperation between Qatar + Saudi, and Bahrain + Italy
Turkey + Iraq discuss trade and resuming oil flows: Iraq's Deputy Prime Minister and Planning Minister Muhammad Ali Tamim and Turkish Minister of Trade Omar Polat discussed bilateral ties and boosting trade volumes between the two countries last week, Iraqi news agency INA reports. Iraq’s Oil Minister Hayan Abdul Ghani and Turkish Energy Minister Alparslan […]
Posted inLogistics in the News
Panama Canal traffic jam gets worse in August + Ship recycling is down YTD
Auction for your queue spot at the Panama Canal: Vessel waiting times at the Panama Canal have increased some 44%-59% in Augustamid restrictions on daily transits and ship drafts caused by prolonged drought, Reuters reports. The restrictions have been causing bottlenecks at both ends of the canal, increasing freight tariffs and causing vessels to divert […]
Posted inAlso on Our Radar
Dammam added to shipping line connecting it to regional and southeast Asian ports + Iran, India to kick off agriculture trade agreement talks
SHIPPING + MARITIME- Dammam’s King Abdul Aziz Port added to shipping service connecting it with southeast Asian and regional hubs: Thailand-based ocean freighter RCL has added Saudi Arabia’s King Abdul Aziz Port to a shipping service — dubbed RGA — connecting it to six regional and Southeast Asian ports, according to a Saudi Ports Authority […]