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The berths will be used for the logistics operations of Kuwait Oil Company’s offshore drilling project
Author Archives: enterpriseam admin
Posted inLegislation Watch
Egypt amends its customs law to facilitate transit trade
The amendments include less “stop and search” for transiting goods and submitting customs documents electronically
Posted inEarnings Watch
Jazeera Airways records a bump to its bottomline amid travel recovery during 1H 2023
The airline reported record figures for passenger and aircraft traffic amid a rebound in travel
Posted inDiplomacy
Jordan + Egypt mull boosting transport ties + Iran, Vietnam plan to launch direct flights between their capitals
Jordan + Egypt to improve transport ties: Jordan’s Transport Minister Maher Abul Samen and Egyptian Transport Minister Kamel Al Wazir discussed boosting transport ties and exploring new avenues for cooperation Jordan Times reports, citing Jordanian news agency Petra. The two discussed the importance of completing the Arab Transport Land Route project connecting Africa and Asia […]
Posted inLogistics in the News
Autonomous trucking picking up in the US? Plus: Russia’s grain exports might take a hit following its exit from Black Sea grain pact
Pittsburgh-based self-driving tech company Aurora ’s autonomous trucks are seeing increased demand in the US ,CNBC reports (watch, runtime: 15:36).The self-driving trucks are offered on a subscription basis, with plans to go commercial in 2024, its director of terminal operations Lance Underwood said. The trucks currently operate with safety drivers at the wheel in case […]
Posted inAlso on Our Radar
Oman Air plans to restructure operations + Egypt’s pharma e-commerce platform Grinta acquires Autocure
AVIATION- Oman Air to undergo restructuring: A “comprehensive” program to restructure operations at Oman’s national carrier Oman Air has been approved by the carrier’s board of directors, Oman News Agency (ONA) reports. The program looks to address continued losses and the piling up of debt, and will encompass four main pillars: Financial sustainability, corporate governance, […]
Posted inAround the World
China’s trade slump continues in July + Explosion in Turkish port, and more on the Panama Canal
China’s exports tumbled 14.5% y-o-y in July , while imports dropped 12.4% y-o-y, according to data from Beijing’s General Administration of Customs picked up by Bloomberg. The drops are attributed to obstacles in international trade, the stagnating Chinese property sector, and declining domestic demand since covid-19 restrictions were lifted. The news got a lot of […]
Posted inCalendar
AUGUST Oman will award Ras Al Hadd Airport consultancy contract. 31 July-9 August (Monday-Wednesday): KSA trade delegation headed by Investment Minister Khalid Al Falih tours Brazil, Chile, Costa Rica, Argentina, Panama, Paraguay, and Uruguay. 9 August (Wednesday): Iran-Vietnam Business Forum, Iran Chamber of Commerce Headquarters, Tehran, Iran. 27 August (Sunday): Last day for companies to […]
Posted inWhat we're tracking today
TODAY: DP World could lock in a concession terminal at India’s Kandla Port + bear on the loose on Iraqi Airways flight
Good morning, friends. Just as we predicted, the newsflow this week is keeping us on our toes, with plenty of big updates from across the region. THE BIG LOGISTICS STORY- Kazakhstan is in talks with a Dubai-based container shipping firm over an agricultural exports route linking it to the Middle East and beyond , via […]