Logistics (MENA) 
Egypt Edition 
UAE 
Saudi Edition 
MENA <> India Corridor 
Climate (MENA) 
Supply chain shortages in microchips + cement pile on pressure for infrastructure + defense in the US: Supply shortages in microchips and cement are debilitating the auto, defense and non-residential construction industries in the US, Reuters reports, citing industry players and subject matter experts. The shortages are also making it difficult for the country to […]
Author Archives: enterpriseam admin
Posted inAlso on Our Radar
BP + Adnoc bid for Israel’s NewMed could be good for Egypt. PLUS: Bahraini businesses can soon pay customs duties online
Egypt’s energy hub plans might get a shot in the arm: Energy giants BPandAbu Dhabi National Oil Company (Adnoc) have submitted a USD 2 bn non-binding offer to acquire 50% of Israel’s NewMed Energy, NewMed said in a disclosure (pdf) to the Tel Aviv stock exchange. The transaction would make NewMed a 50-50 partnership between […]
Posted inAround the World
Russia + India to develop Northern Sea trade route. PLUS: KSA warms ties with China + Belgian tanker firm accused of carrying Iranian oil
Russia and India are looking to develop the Northern Sea trade route— the shortest route between East Asia and Europe — with a focus on shipping from Vladivostok port, Russia’s Interfaxreports. Russia’s Minister of Development of the Russian Far East and Arctic Alexei Chekunkov discussed the route with Indian officials this week. Reuters also has […]
Posted inCalendar
MARCH 28-30 March (Tuesday-Thursday): Mediterranean Ports and Shipping 2023, Grand Hyatt, Athens, Greece. APRIL 18-20 April (Tuesday-Thursday): Intermodal Africa, Durban International Convention Centre, South Africa. 25-27 April (Saturday-Monday): World Cargo Symposium, Hilton Istanbul Bomonti Hotel and Conference Centre, Istanbul, Turkey. MAY 4 May (Tuesday): Deadline to submit proposals for the design, construction, finance, operation, and […]
Posted inWhat we're tracking today
TODAY: ADNOC Logistics IPO in the works + US-led coalition keeps watch over Gulf waters
Good morning, friends, and welcome to the first workweek of Ramadan. We have a packed issue to help kick off your morning, with news from the SCZone, Iraq and Abu Dhabi. HAPPENING TODAY- A US-led coalition has launched drone patrols to surveil Gulf waters and keep watch over crude oil and energy shipments, according to […]
Posted inZones
Chinese steel company Xinxing to invest USD 2 bn in SCZone
The plants will produce iron pipes and steel for domestic use and for export
Posted inIPO Watch
ADNOC to list its logistics subsidiary in June
State oil giant Abu Dhabi National Oil Company (ADNOC) will float its marine and logistics arm ADNOC Logistics and Services (ADNOC L&S) in June, unnamed sources told Reuters. ADNOC has not made a public announcement on the possible IPO and has so far declined to comment on the alleged IPO plans. Advisors: Citigroup, JP Morgan, […]
Posted inDispute Watch
Iraq halts Kurdish oil exports after court rules in its favor in landmark arbitration case against Turkey
Iraq has halted crude exports from the Kurdish region after a court ruled in its favor in a 9 year arbitration dispute against Turkey over Kurdish oil exports, last Thursday according to a statement from Iraq’s oil ministry. Under the ruling, Turkey will shell out approximately USD 1.5 bn to Iraq, a figure far lower […]
Posted inRail
Iraq approves Development Road linking it with Turkey
Linking Iraq's Faw port to Turkey's border, the highway will be dedicated to transporting goods