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Posted inInvestment Watch

Egypt’s OIH to launch logistics + trading arm to boost trade in Africa

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 […]

Posted inDiplomacy

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 […]

Posted inThe Big Read

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 […]

Posted inLogistics in the News

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 […]

Posted inCalendar

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 […]

Posted inWHAT WE’RE TRACKING TODAY

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 […]

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