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The viaduct is part of a larger project aiming to decongest cargo and passenger traffic at the crossing of Bizerte
Author Archives: enterpriseam admin
Posted inDebt Watch
EBRD to approve USD 125 mn loan for expansion of Damietta Port's second container terminal
The loan will finance the construction of the terminal, as well as cargo handling equipment and workforce training
Posted inEarnings Watch
DP World’s net income falls in 1H 2023 amid weak market conditions
The company saw its revenues rise 13.9% y-o-y on the back of the consolidation of its African subsidiary Imperial Logistics
Posted inMoves
Oman Air + Oman Airports elect new boards of directors
Oman Air and Oman Airports have dissolved their boards and elected new ones, according to Oman News Agency (ONA). Both boards will be chaired by Oman’s Minister of Transport, Communications, and Information Technology Said Al Maawali. Oman Air and Oman Airports did not disclose who the new members of the board will be in their […]
Posted inDiplomacy
DP World, AD Ports sign MoUs with Ethiopia, while South Sudan and Kenya eye stronger trade ties. PLUS: More from KSA and China, Iran and India, and Jordan and Turkey
UAE + Ethiopia ink a handful of MoUs to boost cooperation: UAE’s President Mohamed bin Zayed Al Nahyan and Ethiopian Prime Minister Abiy Ahmed witnessed the signing of several MoUs to enhance bilateral cooperation, Emirati news agency WAM reports. The MoUs included an agreement between DP World and the Ethiopian Ministry of Transport and Logistics, […]
Posted inLogistics in the News
The Panama Canal Crisis is not ending anytime soon + Passenger planes are taking demand away from freighters
Shippers warned that Panama Canal issues will escalate in 2024: El Niño, which refers to the unusual warming of sea surface temperature in the eastern Pacific Ocean,is expected to further lower water levels at the Panama Canal, prolonging wait times and hiking costs in 1H 2024, Seatrade Maritime reports, citing Xenata chief analyst Peter Sand. […]
Posted inAlso on Our Radar
New China-UAE air cargo routes + Singaporean firm to submit feasibility studies for cargo hub at Cairo Airport. PLUS: More on shipping, data centers, and storage
AVIATION- SF Airlines + Etihad Cargo have launched China-UAE cargo routes: China’s SF Airlines and Etihad Cargo launched new air cargo routes linking China’s Ezhou City to Abu Dhabi last week. The new routes come as part of a wider partnership between the two airlines, which saw them ink an MoU recently to boost cargo […]
Posted inAround the World
South Korea has a new shipping company + India settles first crude oil payment with UAE in INR. PLUS: Amazon brings back Amazon Shipping
Amazon Shipping is back: Amazon’s shipping service for external deliveries has restarted its services in the US, after pausing operations during the pandemic, the Wall Street Journal(WSJ) reports. The service handles packages sold on Amazon’s website and other platforms, and can ship packages independently for businesses only if they sell their products on Amazon’s platform. […]
Posted inCalendar
AUGUST August: Hassan Allam Utilities + Agility to open Yanmu East logistics park. Oman will award Ras Al Hadd Airport consultancy contract. 27 August (Sunday): Last day for companies to bid for the construction tender for Kuwait’s Mubarak Al Kabeer Port. 28 August (Monday): Registration for Emirates Postal Group’s Logistics Unleashed competition concludes. SEPTEMBER 4-6 […]