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STARTUP WATCH- Shipping startup Turbo is tapping investors to fund expansion abroad: Egypt-based shipping and logistics startup Turbo is in talks with external investors for a series A round to fund its growth strategy, with plans to close it in the next six months, CCO Mohamed Green (LinkedIn) told Enterprise Logistics. The company is eyeing […]
Author Archives: enterpriseam admin
Posted inAround the World
South African port and rail operator Transnet under fire as trade stalls + China appeals WTO ruling on US product tariffs. PLUS: Amazon on a hiring spree
South African businesses call for sacking of rail + port operator’s management: Business groups in South Africa are calling on Public Enterprise Minister Pravin Gordhan to let go of the senior management of Transnet, which handles the country’s harbor and rail system, Bloomberg reports. Transnet has been plagued by years of corruption and ineffective management, […]
Posted inCalendar
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, Greece. 20-22 September (Wednesday-Friday): Transport Evolution Africa Forum and Expo, Inkosi Albert Luthuli ICC Complex (Durban ICC), South Africa. 20-23 September (Wednesday-Saturday): Meet the Buyers Workboats, Hyatt Regency, Dubai, UAE. 25-27 […]
Posted inWhat we're tracking today
TODAY: Flooding in Northern Iran damages infrastructure + Iraq resumes its railway line to its grain silo in Shirqat
Good morning, friends. The newsflow has slowed down significantly from what was a more eventful weekend, but we still have a few updates from across the region to dig into. THE BIG LOGISTICS STORIES- The investment and logistics arms of Egypt’s postal service Egypt Post will acquire a 40% stake in Egyptian logistics platform Roaderz. […]
Posted inM&A Watch
Egypt Post nabs 40% stake in logistics crowdsourcing platform Roaderz
Post for Investment and Post for Distribution will both acquire shares in the company
Posted inShipping + Maritime
Fertiglobe inks MoU for urea and ammonia storage + shipment to Egypt + UAE
The two sides will work together to identify potential avenues to store and ship urea and ammonia from Egypt
Posted inTrucking
Tristar Qatar inaugurates a new road transport facility
The facility includes a warehousing area, parking for a trucking fleet, as well as automotive service infrastructure
Posted inMoves
Nabeel Al Kharabsheh appointed as Emirati logistics firm Zajel’s GM
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 […]