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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: Kuwait resumes exports following re-opening of refinery + Russia and India to reboot transport corridor

Good morning, friends. We have another diverse issue for you this morning, with some updates from Egypt and Saudi Arabia in the rail and shipping departments, and plenty of signs of more regional cooperation in the transport sector. THE BIG LOGISTICS STORY- Saudi Arabia’s state-owned National Shipping Company (Bahri) and Egypt’s Suez Canal Authority are […]

Posted inDiplomacy

Syria to curb cross-border drug trafficking

Syria has pledged to ramp up efforts to halt drug trafficking at its borders with Iraq and Jordan, according to a joint statement issued following a meeting of Arab ministers in Amman. Syria will work over the next few months to determine who is transporting narcotics into the two countries and “take the necessary steps […]

Posted inMoves

DP World appoints a new global vice president of engineering

Emirati logistics firm and port operator DP World has appointed Sangam Reddy(Linkedin) as global vice president of engineering, according to a press release. Reddy most recently served as a director at Amazon India, where he held several different positions over a 10-year period. He will be responsible for market access, e-commerce, and data chain solutions […]

Posted inAlso on Our Radar

Agility subsidiaries enter convertible loan agreement + Gulf Navigation sells vessel to settle debts. PLUS: News from Trukkin

DEBT- Agility subsidiaries to ink loan agreement: Kuwait-based Agility subsidiariesPWC Aviation Services Company KSCC (PWC) and United Project for Aviation Services Company (UPAC) are set to sign a KWD 125 mn convertible loan agreement, according to a company disclosure. The loan will go towards financing UPAC’s Reem Mall project in Abu Dhabi. The loan will […]

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