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FREIGHT FORWARDING- FedEx Express debuts electric vehicles (EVs) in the UAE: FedEx Express has added its first three EVs to its delivery fleet in the UAE, according to a company statement. The move is part of a drive to cut back emissions, with the company angling to have all new vehicle purchases electric by 2030, […]
Author Archives: enterpriseam admin
Posted inCalendar
25-27 September (Monday-Wednesday): Airline Economics Growth Frontiers Middle East & Africa, The Ritz-Carlton, Dubai, UAE. 25-27 September (Monday-Wednesday): Agriculture Horticulture Development Board’s trade mission to Kuwait. 26-27 September (Tuesday-Wednesday): Gulf-Iraq Business Forum, Sharjah Chamber of Commerce and Industry, UAE. 27 September (Wednesday): TMS Transportation and Climate Change Conference (TACCC), Saadiyat Rotana Resort, Abu Dhabi, UAE. […]
Posted inWhat we're tracking today
TODAY: SAL’s IPO bookbuilding process kicks off today + new maritime port in Egypt?
Good morning, friends. We have a packed issue for you to start the week, with a lot of positive business news from across the region — especially from Saudi Arabia. THE BIG LOGISTICS STORY- Saudi-based logistics company Sadr plans to build a USD 40 mn logistics center in the Industrial Gate City in Riyadh. Over […]
Posted inStorage + Warehousing
Sadr to open a USD 40 mn logistics complex in Riyadh’s Industrial Gate City
The complex will offer storage solutions for refrigerated, frozen and dry storage
Posted inProjects
Jordan to float tender for border crossing with KSA early next year
The border crossing developments come following an uptick in the volume of transiting goods and passengers between the countries
Posted inInvestment Watch
Saudi’s Ajex expands into the US
The company will focus on heavy sectors like automotive and energy
Posted inDebt Watch
Damietta Port’s second container terminal could see a USD 125 mn loan from the IFC
The IFC’s loan will help boost the port’s capacity to 4.7 mn TEUs by the third year of operation
Posted inMoves
Etihad Cargo appoints new Area General Manager for the Indian Subcontinent
Etihad Cargohas appointed Giridharan Srinivasan ( LinkedIn ) as area general manager for the Indian Subcontinent, according to a statement. Srinivasan will be based in Bangalore, India and will be responsible for developing old and new partnerships with the air freighter’s clients in India, Bangladesh, Pakistan, Sri Lanka, the Maldives, and surrounding countries. Srinivasan comes […]