Good morning, friends. We end the week with a busy issue, filled with updates from across the region on everything from data centers to new shipping lines. THE BIG LOGISTICS STORY- A new Dubai-based shipping operator has launched with 16 shipping lines connecting MENA ports to the Far East, Asia, India and Russia. HAPPENING TODAY- […]
Author Archives: enterpriseam admin
New Dubai-based shipping line links MENA ports with Far East, Asia and Russia
The shipper’s launch comes as a slew of Western firms dropped Russia from their shipping routes
Oman and Etihad Rail Company partners up with Jindal to transport its steel from Oman to the UAE
This is the second agreement of its kind between Oman-Etihad Rail Company and a metals manufacturer this year
UAE’s Al Masaood Group completes first two phases of bonded warehouse project + Edamah completes warehouse at Bahraini industrial park
The customs-controlled warehouses will help the company speed up customs clearance operations and save costs
Amazon Web Services launches cloud region in Israel + Mubadala becomes minority partner in US-based Aligned Data Centers
The Tel Aviv cloud region will contain three feature availability zones and support services
Nakilat sees growth in net income + revenues in 2Q 2023
Revenues grew in 1H 2023 on the back of an improvement in the results of shipyard and LPG and LNG transport JVs
Gulftainer UAE Terminals gets sixth consecutive RoSPA safety award + Etihad Cargo surpasses 1H 2023 operational targets
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 […]
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 […]