Logistics (MENA) 
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A subsidiary of Kuwait’s Agility and an affiliate were awarded USD 1.65 bn in damages and legal expenses after a tribunal determined that their USD 810 mn investment in Korek Telecom was expropriated illegally, according to a company statement.The International Chamber of Commerce Arbitration’s decision will seeKorek Telecom and its controlling shareholder, Iraqi businessman Sirwan […]
Author Archives: enterpriseam admin
Posted inCargo
Russian logistics firm launches cargo delivery service between Russia + Iran, UAE, Qatar
Russian logistics firm launches cargo delivery service to Middle East countries: Russian logistics operator Delovye Linii has launched a cargo delivery service to deliver packages via sea, air and land from Iran, the UAE and Qatar to Russia, Tassreports. The details: Cargo delivered by sea from Bandar Abbas in Iran will reach Astrakhan, Russia in […]
Posted inAlso on Our Radar
Fedex Express launches budget-friendly services in KSA for SMEs + HSD Engine to provide Nakilat with maintenance, spare parts
FedEx Express launches SME-friendly delivery service in KSA: FedEx subsidiary FedEx Expresslaunched its more cost-effective delivery service in Saudi Arabia, the company saidin a press release on Monday. The services — dubbed FedEx International Economy and FedEX International Economy Freight — allow customers to save on less time-sensitive deliveries of shipments of various sizes, making […]
Posted inOn Your Way Out
Maersk unveils first dual-fuel engine ship
Maersk just unveiled its first dual-fuel engine ship, which can operate on either very low sulfur fuel oil (VLSFO) or green methanol, on its social media pages. The soon-to-launch 2k-TEU ship is due to be delivered by Hyundai Mipo Dockyard this year, as the company looks to boost its decarbonization efforts.
Posted inCalendar
MARCH 15 March (Wednesday): Truck and fleet conference, Dubai. 28-30 March (Tuesday-Thursday): Mediterranean Ports and Shipping 2023, Grand Hyatt, Athens, Greece. 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 4 May (Tuesday): Deadline to submit […]
Posted inWHAT WE’RE TRACKING TODAY
TODAY: New procurement logistics hub in Saudi Arabia + Maersk is now fully devoted to logistics
Good morning, friends. It’s been slow on the news front here in the region, but we’ve got some big updates from Saudi Arabia — and plenty of regional collaboration news — to keep you busy. THE BIG LOGISTICS STORY- Saudi oil giant Aramco has set up a JV with DHL Supply Chain to establish the […]
Posted inZones
Aramco + DHL Supply Chain team up on end-to-end procurement and logistics hub
The hub will be operational by 2025
Posted inMARITIME
Abu Dhabi now has a maritime safety app
The app provides information on speed limits, mooring and anchoring areas and connectivity routes