Boeing will hold up deliveries of more than 90 787 Dreamliners after discovering a defect in production, Bloomberg reports.The company will be inspecting the aircraft for improperly sized shims within the horizontal stabilizer, a small wing attached to a jet’s tail. The company is also working with US regulators to determine whether already-delivered aircraft need […]
Author Archives: enterpriseam admin
Emirates Post Group adds investment business unit + GAFI and Petrotrade team up to recycle freezone companies’ waste
Emirates Post Group (EPG) has undergone strategic restructuring with the aim of becoming the UAE’s leading logistics market enabler, according to a press release. The overhaul comes on the heels of the company’s transition to a public joint stock company that is fully owned by Emirates Investment Authority. It also contributes to a five-year growth […]
China + US report disappointing trade balance figures over the past two months
China’s exports slumped 7.5% y-o-y to USD 284 bn in May, much higher than the forecasted 1.8% drop, further fuelling doubts about China’s post-pandemic recovery, according to Bloomberg. Exports to key markets in the US, Japan, Southeast Asia, France, and Italy saw double-digit declines, while imports also dropped 4.5% when compared to the same period […]
JUNE June: Suez Canal Economic Zone holds a roadshow in Delhi. 6-7 June (Tuesday-Wednesday): Ports and Customs Week, Cape Town, South Africa. 6-8 June (Tuesday-Thursday): Breakbulk Europe 2023, Rotterdam, Netherlands. 8 June (Thursday): Fleet and Mobility Summit, Dubai. 12-15 June (Monday-Thursday): Saudi Plastics & Petrochem, Riyadh, KSA. 13-15 June (Tuesday-Thursday): Terminal Operators Conference Europe (TOC), […]
TODAY: DP World rolls out pilot incentive program + Saudi Arabia to boost air-sea logistics connectivity
Good morning, wonderful people. We have a tight issue for you this morning, as the newsflow continues to slow while we near the end of the week. THE BIG LOGISTICS STORY- Egypt signed an agreement for the construction of six strategic warehouses for medical supplies.On the aviation side of things, several airlines are looking at […]
Egypt inks agreement for six strategic pharma warehouses
The warehouses will be accompanied by an integrated logistics network involving first-mile and last-mile delivery
Riyadh Air in talks for three-part acquisition of fleet + Emirates, Air Arabia plan to expand aircraft fleet
Riyadh Air is in talk over its inaugural acquisition, while Emirates and Air Arabia make plans to expand their fleet
Qatar + Uzbekistan, Egypt + KSA to boost trade trade relations. PLUS: UAE, Vietnam discuss trade ties
Qatar’s Emir Tamim bin Hamad Al-Thani met with President of Uzbekistan Shavkat Mirziyoyev yesterday and inked several agreements and MoUs, including a cooperation agreement to enhance trade relations between the two countries. The two sides also agreed to cooperate on mutual administrative assistance regarding customs affairs. The visit was also a chance to promote closer […]
DHL wants to expand operations in Egypt + Shell Oman is establishing EV charging stations. PLUS: News from Flynas and Saudi Post
LAST MILE- DHL wants to make Egypt its springboard for Africa: DHL plans to expand its operations in Egypt to form a logistics hub for the African continent, DHL Express CEO John Pearson told Mostafa Madbouly during a meeting, according to an Egyptian cabinet statement. The firm aims to increase the number of its cargo […]