Logistics (MENA) 
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The projects will be up for grabs for both local and foreign investors
Author Archives: enterpriseam admin
Posted inAviation
Is Dubai looking to revive plans for USD 33 bn airport mega project?
The plan was put on hold until 2030 after the pandemic
Posted inThe Macro Picture
MENA’s exports grew in 2022, but WTO sees growth weakening in 2023 amid a global slowdown
The MENA region’s merchandise exports grew 9.9% y-o-y in 2022, well above the world average of 2.7% annual growth, amid heightened inflation and soaring commodity prices, according to the World Trade Organization’s Global Trade Outlook and Statistics Report (pdf). The region made strides in trade of both merchandise and commercial services, as well as in […]
Posted inLogistics in the News
Western sanctions on Russian fuel = more costly trips for energy shippers
Western sanctions on Russian shipments have disrupted global energy shipping patterns, forcing global fuel suppliers to resort to longer and pricier routes to transport diesel and other products, Reutersreports. Tankers transporting clean oil products are traveling between 16-18 days to transport Russian cargoes to Brazil or US cargoes to Europe due to the EU’s sanctions […]
Posted inAlso on Our Radar
UAE + Canada expand air transport, while Iraq launches new air routes and RJA resumes flights with Brussels. PLUS: News from Dubai’s VMS, Yango, Morocco, CAFU and Saudi
AVIATION- UAE and Canada to expand air transport: Flights between the UAE and Canada will increase 50% to 21 flights per week under an expanded air transport agreement, helping create new routes between the countries. (Statement) Iraq prepares to operate three new air routes: Iraq plans to operate three new routes to Bahrain, Malaysia, and […]
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: The UAE’s non-oil private sector continues to boom + FedEx is restructuring its business in cost-cutting drive
Good morning, friends. We close out the week with a light and brisk issue, with a few updates on Adnoc Logistics’ IPO and another strong PMI report from the UAE. THE BIG LOGISTICS STORY-The UAE’s non-oil private sector saw its fastest monthly rise in 18 months in March, with new orders, output, employment, suppliers’ delivery […]
Posted inPurchasing
UAE’s non-oil private sector activity hits five-month high in March
New orders came in at a five-month high
Posted inIPO Watch
Adnoc’s logistics unit eyes USD 1 bn IPO
Adnoc’s logistics arm wants to raise USD 1 bn in IPO