Logistics (MENA) 
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Egypt to raise export support allocations in new budget
The government is aiming for a 15% annual growth in exports, targeting USD 75 bn in total exports by the…
Iraq, UAE to trade in AED + UAE to start trade talks with Australia
Iraq and the UAE will launch financial transfer operations in AEDs
Mitsui to help DP World boost auto logistics at Jebel Ali + New Saudi aviation monitoring body
SHIPPING + MARITIME- DP World + Mitsui ink MoU to boost auto logistics + decarbonization efforts: DP World has signed…
Emirati firms make big moves on SAF + DSV unveils green EV trucks in UAE. PLUS: More from DP World + Star Shine
AVIATION- UAE consortium to develop and utilize renewable aviation fuel: A consortium led by the Energy and Infrastructure ministry unveiled…
UK allocates GBP 250k to Egypt’s implementation plan for the WTO’s trade facilitation agreement
The funds will go towards measures that can boost Egypt’s progress on the WTO’s trade facilitation program
AFDB approves EUR 100 mn risk participation trade finance scheme with Morocco’s Attijariwafa bank
The scheme will help boost trade finance in Africa and support sectors like transport and manufacturing
Afreximbank, Morocco sign MoU for USD 1 bn trade and investment programme
The program will see the bank collaborate with the Moroccan gov’t on credit, risk bearing and trade advisory services
The global trade finance gap widened to a record USD 2.5 tn in 2022, according to ADB
Lack of trade finance posed a major supply chain challenge to businesses in 2022
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