DATA CENTERS- UAE-based Khazna Data Centerswill expand into Egypt with the establishment of a USD 250 mn data center in Cairo in partnership with Egyptian IT infrastructure firm Benya Group, according to a press release. Khazna and Benya signed a term sheet agreement to establish the center as well as an MoU with the government’s […]
Author Archives: enterpriseam admin
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 […]
TODAY: GCC is planning a unified Schengen-like visa + Maersk sees top, bottom line fall in “best quarter” of the year
Good morning, lovely people. We have some major updates from across the region on everything from railways to maritime shipping and investment for you this morning. But first, we have some news of our own… We’re only one week away from meeting with some of you at the Enterprise Exports and FDI Forum, taking place […]
US, KSA, UAE + India consider major Middle East railway project
The major infrastructure project would counteract China’s growing influence in the region
Neom awards EUR 1.4 bn contract for railway linking Oxagon with The Line
The railway link will connect the new city’s industrial hub with its residential area
Khalifa Port to offer drydock services to ships
The services will include vessel repair and maintenance
Qatar Airways Cargo launches its first cargo hub outside of Qatar
A Boeing 777 aircraft will go back and forth between Kigali and Doha twice a week
Qatar’s Snoonu closes Series B round at USD 12 mn
The superapp will use the funds to accelerate growth and develop its tech
Syria re-admitted to the Arab League after a 12-year hiatus + Syria, Iran to boost trade ties
Syria and Iran sign economic cooperation + trade agreements: Iranian President Ebrahim Raisi and his Syrian counterpart Bashar Assad inked several long-term agreements to boost economic ties between the two countries, according to a Syrian Foreign Affairs Ministry statement. The two presidents and high ranking officials signed the Comprehensive Programme of Strategic and Long-Term Cooperation, […]