Port management and logistics outfit Gulftainer UAE Terminals has received the Royal Society for the Prevention of Accidents (RoSPA) Gold Medal safety award for the sixth time running, WAM reported. The award highlights the company’s efforts to secure workplaces and safeguard its employees throughout 2022. Etihad Cargo has surpassed its 1H 2023 operational goals, achieving […]
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Egypt, Turkey eye boosting trade by 50% over the next five years + Iran, Syria remove trade tariffs. PLUS: More from Algeria, Iran, and Saudi Arabia
Egyptian Trade and Industry Minister Ahmed Samir Saleh and his Turkish counterpart Ömer Bolatplan to boost trade to USD 15 bn over the next five years, with an eye to hit the USD 10 bn mark this year, the countries said in separate statements (here and here). The meeting took place during Saleh’s visit to […]
Jordan, Canada to launch investment platform by year’s end + Qatar Airways Cargo is upping belly capacity to France. PLUS: More from Saudia, Royal Jordanian Airlines and Iraqi Airways
TRADE- Jordan + Canada to launch joint investment platform by end of 2023: Jordan and Canada intend to launch a joint electronic platform by the end of the year to showcase avenues for investment and trade between the two countries, Jordan News Agency (Petra) reported, citing an announcement by the Amman Chamber of Commerce. The […]
Turkey + EU eye upgrading trade ties + Ford doubles down on electric truck production. PLUS: More on LNG imports, bunkering, and Hapag-Lloyd
Turkey + EU considering easing trade ties:Turkey is discussing updating its customs union with the EU in a bid to re-engage with EU countries’ and investors and boost trade, Bloomberg reports. Although the European Commission has long pushed to update the trade agreement, which has been in place since 1995, no progress has been made […]
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. 8 August (Tuesday): Kuwait will issue a tender for the construction of Mubarak Al Kabeer Port. 27 August (Sunday): Last day […]
TODAY: Ukraine’s grains take big hit amid ongoing Russian attacks + Saudi ports saw traffic rise in 2022
Good morning, friends. We have a light issue for you today as we near the end of the week, with the newsflow yesterday bringing us just a few updates from Egypt and the UAE. THE BIG LOGISTICS STORY- The Dubai Maritime Authority has scrapped the freeze on Dubai-based shipping operators’ service charges. Over in Egypt, […]
Dubai Maritime Authority removes container charge freeze for maritime firms
The freeze was introduced in May to combat hidden charges and price-fixing
Mienta to open USD 5 mn factory and warehouse in SCZone
The warehouse will have the capacity to store 200 containers