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Businesses in 30 freezones are exempt from the UAE’s new 9% corporate tax
Author Archives: enterpriseam admin
Posted inDiplomacy
UAE + Turkey ratify CEPA + Iraq, Iran work to boost trade
UAE + Turkey ratify CEPA: The Emirati and Turkish governments have ratified the Comprehensive Economic Partnership Agreement (CEPA) between the two countries, UAE Foreign Trade Minister Thani Al Zeyoudi announced in a statement. The agreement is expected to bring bilateral non-oil trade to USD 40 bn over the next five years, the statement said. The […]
Posted inLogistics in the News
Amazon is leveraging AI to increase logistics efficiency
Amazon is using AI to help identify damaged goods + speed up packaging: E-commerce giant Amazon will employ the use of artificial intelligence (AI) at a dozen of its warehouses to screen for damaged items, speed up picking and packing, and push forward the company’s efforts to automate more of its fulfillment operations, the Wall […]
Posted inAlso on Our Radar
Lots of EV news + DP World Cochin launches new India shipping service linking to the UAE. PLUS: News from Etihad Airways, Iran, Wizz Air, Saladoo!, Air Algerie, SCzone and QatarEnergy
ELECTRIC VEHICLES- Gotion mulling EV battery factory in Morocco: Chinese EV battery manufacturer Gotion is looking to establish a battery plant in Morocco with a production capacity of 100 GW for an estimated investment of USD 6.3 bn, Reuters reports, citing the Moroccan Investment Agency. This follows Morocco’s announcement last year that it is negotiating […]
Posted inAround the World
Ikea’s Ingka acquires warehouse management solutions provider. PLUS: EU proposes new maritime safety, environmental regs
Ikea’sIngka Group acquires supply chain software solution provider Made4net: The world’s biggest owner and operator of Ikea stores Ingka Group has fully acquired US-based supply chain software solution provider Made4net for an undisclosed amount, according to a press release. Ikea will implement Made4net’s Warehouse Management Solution (WMS) to increase capacity in what is potentially the […]
Posted inOn Your Way Out
A new FedEx tool allows you to track your deliveries’ emissions
Find out exactly how much CO2 you’re contributing to the environment when making an online order: FedEx has rolled out an emissions-tracking tool in the US dubbed FedEx Sustainability Insights, which uses near real-time network data to provide customers with information on the emissions associated with their deliveries, according to a press release. The cloud-based […]
Posted inCalendar
JUNE June: Suez Canal Economic Zone holds a roadshow in Delhi. 4-6 June (Sunday-Tuesday): IATA Annual General Meeting and World Air Transport Summit, Hilton Bomonti Hotel, Istanbul, Turkey. 4-6 June (Sunday-Tuesday): Cargo Network Services Partnership Conference, Miami, US. 6-7 June (Tuesday-Wednesday): Ports and Customs Week, Cape Town, South Africa. 6-8 June (Tuesday-Thursday): Breakbulk Europe 2023, […]
Posted inWhat we're tracking today
TODAY: Iraq + Russia to cooperate on maritime transport. PLUS: UAE pulls out of US-led maritime security coalition + MENA diesel exports to Western Europe slow down in May
Good morning, wonderful people, and welcome to a very electric truck-centered issue. We have a big update from the UAE on its electric trucking industry, and a big read on clean energy in the trucking sector to help you digest it all. THE BIG LOGISTICS STORIES- Swedish electric and self driving trucking startup Einride inked […]
Posted inTrucking
The UAE is getting the region’s largest fleet of electric and self driving trucks, courtesy of Einride
The company will help the UAE deploy 2k EVs, 200 self-driving vehicles and eight charging stations across the country