The center will provide storage and distribution services for Khazaen
Author Archives: enterpriseam admin
US-based eVTOL outfit Odys will set up assembly plant in Abu Dhabi
The company will export its aircraft out of the UAE
KSA + Canada restore diplomatic ties + KSA, Iraq mull special economic zone
Saudi Arabia + Canada restore diplomatic ties: Saudi Arabia’s Foreign Affairs Ministry plans to restore diplomatic relations with Canada for the first time since 2018, according to a Saudi governmentstatement.This would end a five-year rift with Canada, which began when it accused Riyadh of human rights violations over jailed activists, damaging relations — including trade […]
China is not off the global trade map just yet. PLUS: E-commerce giants are scaling back their logistics plans + UAE becomes gold trade hub
Companies continue to rely on China despite its strained ties with the US: Companies like Chicago-based first aid kit producer Acme United say decoupling from China is no easy task given the country’s position as the world’s top exporter, Bloombergreports. The company recently invested in a Chinese-made printing press at less than half the cost […]
MSC adds King Abdulaziz Port to India-South Africa service. PLUS: News from Qatar Airways Cargo, Aramex, Etihad Cargo, Etihad Rail, Menzies and Deliveroo
SHIPPING- Dammam added to India-South Africa freight route: The Saudi Ports Authority (Mawani) has announced the addition of King Abdul Aziz Port to the India-South Africa freight route operated by leading container shipping company MSC. Dammam will be linked to major terminals including Mundra, Hazira, Nhava Sheva, Colombo, Port Louis, Durban, Khalifa, Jebel Ali, and […]
US-led Indo-Pacific trade talks end with agreement to boost supply chain resilience. PLUS: New terminal in Malaysia, Iran on de-dollarization, France ends short-haul flights
IPEF settles talks on supply chain coordination: Fourteen countries included in the Indo-pacific economic framework (IPEF) — the US’ new trade pact initiative for the region — have reached an agreement on supply chain collaboration, Bloomberg reports. The US initiative comes as a response to China’s growing influence as well as to compensate for withdrawing […]
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 […]
TODAY: Black Sea grain agreement extension is off to a rocky start + Will the aviation industry rut last until 2024?
Good morning, nice people, and happy Thursday. We cap off the week with another tight issue, with updates from AD Ports and (lots of) diplo and shipping news from Qatar. THE BIG LOGISTICS STORY-A new handling facility in Khalifa port:AD Ports Group and Brazilian logistics operator and iron ore producer Vale will develop a mega […]
AD Ports + Vale to develop handling facility in Khalifa port
The facility is set to have a handling capacity of up to 50 mn tons of cargo a year