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This comes as part of Maridive’s strategy to deleverage its balance sheet
Author Archives: enterpriseam admin
Posted inDiplomacy
The UAE strengthens trade ties with Thailand, Vietnam and Tajikistan. PLUS: Jordan, China + Qatar, Uzbekistan eye trade cooperation
CEPA on the horizon for UAE + Thailand: The UAE and Thailand have inked a preliminary agreement to launch negotiations for a comprehensive economic partnership agreement (CEPA), according to a statement. The first round of talks will begin on 16 May in the UAE. The CEPA “will deliver a wealth of opportunity in sectors such […]
Posted inMoves
Sami Al Kandry appointed acting director general of Kuwait’s customs authority
Kuwait’s Minister of Commerce and Industry Mohamed Al Aiban (LinkedIn) has appointedSami Al Kandari as acting director general at Kuwait’s General Administration of Customs(GAC), Kuwaiti daily Al-Watan reports. Al Kandry succeeds Suleiman Al Fahd, who was acting director general. Al Kandry has previously held the post of chief of staff for the Justice Minister as […]
Posted inAlso on Our Radar
Qatar Airways + Flynas expand fleet PLUS: Etihad Cargo boosts digitization efforts, and news from FedEx Express, IFZA, Chalhoub Group and Jazeera Airways
AVIATION- Qatar Airways has received its second Boeing 737-8 and is set to receive another seven by the end of July, according to a press release. The new aircraft has undergone post-delivery maintenance and is now being used for pilot training. The airline is looking to use the new aircraft to augment its fleet of […]
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. 9-11 May (Tuesday-Thursday): Airport Show, Sheikh Saeed Halls 1-2, DWTC, Dubai. 9-12 […]
Posted inWhat we're tracking today
TODAY: DXB posts decline in cargo handling in 1Q + Egypt to establish internal trade information center
Good morning, nice people. The logistics world is still quiet in our corner of the world, with just a few updates from Iran and a very strong earnings release from Saudi Arabia’s Bahri. But with the number of logistics events coming up this week, we expect the pace to pick up soon. THE BIG LOGISTICS […]
Posted inZones
Iran freezones eye EUR 5 bn in investments through 370 new projects
The zones are currently conducting feasibility studies for 50 of the projects
Posted inEarnings Watch
Bahri’s bottom line sees 659% jump in 1Q 2023 + Air Arabia reeled in AED 291 mn in 1Q 2023
Improved performance in the oil and chemical transportation sectors were the main drivers behind the jump
Posted inDiplomacy
Saudi Arabia + South Korea ink mobility and road project MoU’s + Tunisia and Spain to increase trade + UAE Minister of Economy meets with Armenian and Dominican counterparts
KSA + South Korea to deepen mobility ties: Saudi Arabia’s Transport and Logistics Ministry and South Korea’s Ministry of Land, Infrastructure, and Transport (MOLIT) signed two MoUs yesterday to “deepen cooperation” on future mobility and roads, according to a MOLIT statement. The exact nature and cost of the projects have not been disclosed. The MoUs […]