Good morning, wonderful people, and welcome to the start of what’s looking like a busy week in the logistics world. Without further ado, let’s dive in. THE BIG LOGISTICS STORY- PMI figures from Saudi Arabia, UAE, Qatar and Egypt point to improvements in supply chains, despite declines in performance in certain areas. HAPPENING TODAY- A […]
Author Archives: enterpriseam admin
Non-oil private sector activity across GCC + MENA countries show positive signs for regional supply chains in July
Supply chains saw notable improvements in MENA and GCC countries in July, with improvements in lead times + deliveries
Sea & Ports Group acquires 100% of NAL Maroc Maritime Agency
NAL Maroc Agency was South Korean maritime firm HMM’s local representative
Misrata International Airport is getting the largest aircraft maintenance + air cargo station in North Africa
Libyan airline Afriqiyah Airway will invest USD 150 mn a year into the company
Newly listed Adnoc L&S reports a 327% y-o-y surge in revenues in 1H 2023
The solid earnings report comes off the back of its historic June IPO
Amazon posts surprisingly strong 2Q 2023 earnings, following a package of cost-cutting measures
Amazon reports a surge in top + bottom lines: E-commerce giant Amazon recorded a 433% y-o-y rise in net income to USD 6.7 bn in 2Q 2023 — rebounding from a net loss in the previous year, according to its earnings release (pdf). The company’s revenues during the period also saw an increase of 11% […]
Iran, Russia look to strengthen trade zone cooperation + Iran, Pakistan look to boost trade. PLUS: More from Saudi Arabia + Iraq
Iran + Russia eye stronger cooperation between trade zones: Russia’s Economic Development Minister Dimitry Volvach discussed with Secretary of the Supreme Council of Trade-Industrial and Special Economic Zones of Iran Hojatollah Abdolmaleki boosting cooperation between their special trade zones, Russian news agency TASS reports. The newly established Technology and Logistics Union in Russia will help […]
Saudia Cargo expands European operations through new partnership + SCZone close to setting up investment arm. PLUS: More from Emirates Delivery, Etihad Airways, and Qatar
AVIATION- Saudia Cargo has inked an agreement with European logistics company Jan deRijk to expand its European services, the Saudi Gazette reports. The agreement, which was signed last month, will enable Saudia Cargo to leverage Jan de Rijk’s extensive trucking network, which includes specialized vehicles, to enhance its European operations and its market reach. About […]