Good morning, wonderful people. We have a brisk morning in the logistics world, but before we dive in… All of us at Enterprise were thrilled to welcome so many of you yesterday morning for the Enterprise Exports and FDI Forum. The day was stacked with insightful conversations with businesses and manufacturers who have successfully set […]
Author Archives: enterpriseam admin
What local companies can do to tap into a multinational corporation’s supply chains
The heads of Amazon Egypt, Nestle Egypt, and DB Schenker gave their two cents
Aramex + AD Ports establish freight forwarding-focused JV
The JV will service some 10k container cargo in the short-term
AD Ports’ KEZAD + SWS are developing a water treatment plant for industries in KEZAD Musaffah
The plant will distribute treated water to industries within KEZAD Musaffah
Agility posts bottomline growth on the back of new revenue streams
The company benefited from “booming” maritime sector growth and new acquisitions
Egypt + Indonesia plan trade committee. PLUS: Iran + Qatar to boost transport cooperation, GCC states talk boosting trade ties
Egypt + Indonesia agree to establish trade committee: Trade and Industry Minister Ahmed Samir and Indonesian Trade Minister Zulkifli Hasan inked an agreement to establish a trade committee to help boost trade and economic ties, according to a ministry statement. The committee will be tasked with identifying and implementing the necessary measures to develop trade […]
Chinese firm could soon be awarded a bid for Morocco's high-speed train
A bid fromChina Rail Construction Corporation for Morocco's high-speed train linking Casablanca with Agadir is looking favorable as economic ties grow between the two countries, Moroccan news outlet Hespress quotes economic analysts as saying. While firms in other countries, including France, are bidding for the construction of the high-speed train, the Chinese company’s offer is […]
IsDB signs financing agreements for transport, infrastructure projects. PLUS: KSA boosts grain storage capacity, ADIB + Meydan FZ ink MoU
DEVELOPMENT FINANCE- IsDB signs USD 5.4 bn development finance agreements: The Islamic Development Bank (IsDB) has signed financing agreements worth USD 5.4 bn with 24 of its member countries, according to the Saudi Press Agency (SPA). The agreements, which were signed at the IsDB’s annual meetings, cover the areas of transportation, healthcare, agriculture, food security, […]
Hapag-Lloyd latest to report fall in revenues amid falling freight rates + Italy’s exports to China triple over the past year
Hapag-Lloyd posts top + bottom line decline in 1Q 2023: Hapag-Lloyd AG reported a 54.6% y-o-y fall in group income to EUR 1.9 bn in 1Q 2023, while revenues fell 29% y-o-y to EUR 5.6 bn, according to the company’s financials (pdf). The fall in the company’s revenues was attributed to lower transport volumes — […]