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Author Archives: enterpriseam admin
Posted inDiplomacy
Syria re-admitted to the Arab League after a 12-year hiatus + Syria, Iran to boost trade ties
Syria and Iran sign economic cooperation + trade agreements: Iranian President Ebrahim Raisi and his Syrian counterpart Bashar Assad inked several long-term agreements to boost economic ties between the two countries, according to a Syrian Foreign Affairs Ministry statement. The two presidents and high ranking officials signed the Comprehensive Programme of Strategic and Long-Term Cooperation, […]
Posted inLogistics in the News
A “reglobalization” trend emerges as geopolitical tensions rise
Signs of “reglobalization” emerge in world trade data: The global trading system is witnessing significant changes — dubbed by some as a “reglobalization” trend — as governments and businesses work to diversify their supply sources to secure access to essential goods in the face of rising geopolitical tensions, Bloombergreports. International supply chains are expected to […]
Posted inAlso on Our Radar
Wizz Air + Transavia France introduce new MENA routes. PLUS: Qardy invests in NOSCO, QFZ chairman holds bilateral talks
AVIATION- Hungarian low-cost carrier Wizz Air has expanded its fleet and added more destinations, including to Agadir, Morocco, according to a statement. The budget airline has received a new Airbus A321neo aircraft which it has allocated to its hub in Warsaw, Poland. Transavia France will inauguratea new once-a-week winter route to Aqaba, Jordan as of […]
Posted inAround the World
Shopify to sell delivery divisions + Afghanistan could get USD 1 bn in investments from China’s Belt and Road Initiative
Canada’sShopify to sell off its logistics businesses as part of a restructuring: E-commerce platform Shopify will sell off its logistics and warehousing divisions to end-to-end shipping company Flexport, in what it is saying is a move to refocus its business, according to a press release. Flexport will acquire last-mile delivery company Deliverr — which Shopify […]
Posted inOn Your Way Out
New drone surveillance network launched at Antwerp Port
The world's first drone network launched at Antwerp Port:Drone Matrix,SkeyDrone, Proximus and the Port of Antwerp-Bruges have launched the ‘D-hive drone-in-a-box’ network in Belgium’s Antwerp Port, according to a press release, last week. The network consists of six autonomous drones which will perform 18 daily flights in the 120 squared km area of the Antwerp […]
Posted inCalendar
MAY May: The Suez Canal Economic Zone (SCZone) plans to hand over a new 1k-meter container berth to the East Port Said Port. May: The ArabAcademy for Science, Technology and Maritime Transport (AAST) will roll out its first locally-made electric cargo transport vehicle. 1-4 May (Monday-Thursday): Select USA Investment Summit, National Harbor, Maryland, USA. 1-4 […]
Posted inWhat we're tracking today
TODAY: PMIs are out for the region and it’s (mostly) good news + Shipping and maritime are in the spotlight
Good morning, wonderful people. It’s a busy day for logistics in our neck of the woods and elsewhere, providing plenty of news to get the day started with. THE BIG LOGISTICS STORY- Purchasing manager indices (PMI) tracking non-oil private sector activity in the UAE, KSA, Qatar, and Egypt told a mixed tale but with all-round […]
Posted inPurchasing
Non-oil private sector activity continues its boom in KSA + UAE + Qatar, while contraction softens in Egypt
New orders are on the up and up across most of the region