Egypt’s OIH to launch trade and logistics arm: Egyptian investment management firm Orascom Investment Holding (OIH) BoD approved plans to launch a company in Egypt under the name O-Trade & Logistics to provide logistics services across Africa, according to its board’s minutes (pdf). The company’s board voted unanimously to set up the company, according to […]
Author Archives: enterpriseam admin
US eyes cooperation in transport sector with Iraq + Bahrain Industry Minister talks FTA with chief negotiator
The US is keen to help Iraq develop its transportation sector: US Ambassador to Iraq Alina Romanowski met with Iraqi Transport Minister Razzaq Al Saadawi in Baghdad on Tuesday to discuss cooperation in the transportation sector, according to a statement given by the Transport Ministry to Al Sumaria News. The US is “ready” to help […]
Enterprise Explains: Party logistics
Enterprise Explains: Party logistics. With globalization seemingly nowhere near itsend, and in the global environment of heightened demand for timely and efficient delivery of goods, logistics is climbing higher up companies’ priorities. Logistics operations have become increasingly more complex, with more parties becoming involved in businesses’ supply chains. While some companies manage their logistics in […]
China’s chipmaking industry is at risk after Japan joins the US + Netherlands in curbing exports
Chip technology export restrictions to China are a major setback for the country:Japan’s recently introduced chipmaking equipment export restrictions will hold China back from its chip export ambitions, Bloomberg reports, citing industry experts. Japanese firms control key steps in the semiconductor supply chain, like wafer cleaning and design inspection equipment, Bloomberg writes. The country joins […]
APRIL 18-20 April (Tuesday-Thursday): Intermodal Africa, Durban International Convention Centre, South Africa. 25-27 April (Saturday-Monday): World Cargo Symposium, Hilton Istanbul Bomonti Hotel and Conference Centre, Istanbul, Turkey. MAY May: The Suez Canal Economic Zone (SCZone) plans to handover a new 1k-meter container berth to the East Port Said Port. 4 May (Tuesday): Deadline to submit […]
TODAY: Three countries’ PMIs are out + It’s looking bleak for container shipping lines this year
Good morning, everyone. We have another packed issue for you, with the big story this morning being that purchasing managers’ indices from Saudi Arabia, Qatar and Egypt tell different stories of business sentiment, demand and inventory levels across non-oil private firms in March. ^^ We have chapter and verse on the story in this morning’s […]
KSA + Qatar see non-oil private sector grow, as Egypt’s falls deeper into contraction territory
How the non-oil private sector in KSA, Qatar and Egypt fared in March
Etihad Rail’s freight services are now fully operational
The railway network can transport up to 60 mn tons of goods annually
AD Ports bags USD 2 bn syndicated facility from 13 regional + int’l banks
The facility was 3.7x oversubscribed