Signs of “reglobalization” emerge in world trade data: The global trading system is witnessing significant changes — dubbed by some as a “reglobalization” trend — as governments and businesses work to diversify their supply sources to secure access to essential goods in the face of rising geopolitical tensions, Bloombergreports. International supply chains are expected to […]
Author Archives: enterpriseam admin
Wizz Air + Transavia France introduce new MENA routes. PLUS: Qardy invests in NOSCO, QFZ chairman holds bilateral talks
AVIATION- Hungarian low-cost carrier Wizz Air has expanded its fleet and added more destinations, including to Agadir, Morocco, according to a statement. The budget airline has received a new Airbus A321neo aircraft which it has allocated to its hub in Warsaw, Poland. Transavia France will inauguratea new once-a-week winter route to Aqaba, Jordan as of […]
Shopify to sell delivery divisions + Afghanistan could get USD 1 bn in investments from China’s Belt and Road Initiative
Canada’sShopify to sell off its logistics businesses as part of a restructuring: E-commerce platform Shopify will sell off its logistics and warehousing divisions to end-to-end shipping company Flexport, in what it is saying is a move to refocus its business, according to a press release. Flexport will acquire last-mile delivery company Deliverr — which Shopify […]
New drone surveillance network launched at Antwerp Port
The world's first drone network launched at Antwerp Port:Drone Matrix,SkeyDrone, Proximus and the Port of Antwerp-Bruges have launched the ‘D-hive drone-in-a-box’ network in Belgium’s Antwerp Port, according to a press release, last week. The network consists of six autonomous drones which will perform 18 daily flights in the 120 squared km area of the Antwerp […]
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: PMIs are out for the region and it’s (mostly) good news + Shipping and maritime are in the spotlight
Good morning, wonderful people. It’s a busy day for logistics in our neck of the woods and elsewhere, providing plenty of news to get the day started with. THE BIG LOGISTICS STORY- Purchasing manager indices (PMI) tracking non-oil private sector activity in the UAE, KSA, Qatar, and Egypt told a mixed tale but with all-round […]
Non-oil private sector activity continues its boom in KSA + UAE + Qatar, while contraction softens in Egypt
New orders are on the up and up across most of the region
Jordan looking to establish new port for the import of crude and derivatives
The port could also be used to export green hydrogen and ammonia
Egypt’s SCZone to begin rolling out bunkering services within days
The services will be offered at Ain Sokhna and Port Said ports