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Some USD 31 bn more investments could be coming soon
Author Archives: enterpriseam admin
Posted inSTORAGE + WAREHOUSES
Iraq selects Chinese company to build its biggest oil storage facility
The storage facility can hold some 3.2 mn barrels of crude oil
Posted inData Centers
Equinix will pour USD 100 mn into its third data center in Dubai
The data center will become Equinix’s largest so far
Posted inThe Macro Picture
The GCC can become the new “vanguard of the global economy” by strengthening + diversifying its supply chains
GCC countries could leverage the reconfiguration of global value chains — but they need to act fast: Global value chains (GVCs) across the globe are shifting away from being cost focused, and being reconfigured to be more resilient, agile, and sustainable. Consultancy firm Strategy&’s Reconfiguring Global Value Chains report (pdf) looks at how the GCC […]
Posted inDiplomacy
Qatar + KSA to strengthen economic cooperation + Qatar, Angola officials talk transport cooperation
KSA + Qatar discuss boosting economic cooperation: Saudi Industry and Mineral Resources Minister Bandar bin Ibrahim Al-Khorayef and Chairman of Qatar Free Zone Authority Ahmed Al Sayed met in Riyadh to discuss boosting the economic relations between their countries and the role special economic zones play in bolstering logistics services, according to a statement. ALSO […]
Posted inMoves
Riyadh Airports CEO Musad Aldaood elected to serve as board member of ACI Asia-Pacific
Riyadh Airports CEO Musad Aldaood (Linkedin)has been elected to the board of the Airports Council International, Asia-Pacific (ACI), according to a statement. Aldaood will contribute to achieving the ACI’s aspirations of the aviation sector at the international level, by serving part time as board member, while retaining his position as CEO of Riyadh Airports. About […]
Posted inAlso on Our Radar
Two companies will set up assembly + distribution centers in Saudi logistics zones. PLUS: News from Flynas, DP World, and Russia
Two companies to set up assembly + distribution centers in logistics zone: Saudi Arabia’s General Authority of Civil Aviation (GACA) has signed two MoUs with Chinese digital tech company Hikvision and a joint venture between Swiss precious metals refiner Valcambi and private sector conglomerate Ajlan & Bros to establish centers for assembly, distribution, and recycling […]
Posted inAround the World
Hong Kong energy outfit pilots program to trial hydrogen extraction for heavy-use vehicles. PLUS: Cathay Pacific to finalize Boeing order
Towngas + Hong Kong to produce hydrogen for heavy transport fuel: Hong Kong energy outfit Towngas and local authorities are starting a pilot program to source hydrogen for heavy transport use, according to media outlet South China Morning Post (SCMP). The trial will see Towngas — Hong Kong’s sole gas supplier — extract pure hydrogen […]
Posted inOn Your Way Out
A city in the UK will soon get autonomous delivery bots
Autonomous bots in the UK can deliver your goods: PeykBots created by British instant delivery company Peyk is expanding to England’s Milton Keynes to provide autonomous last-mile deliveries for food, groceries, documents, and packages, according to a statement. It will act as a courier service to be used for personal and business deliveries, according to […]
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. 29-31 May (Monday-Wednesday): Translogistica Libya 2023, Misurata, Libya. 29-31 May (Monday-Wednesday): Electric […]