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Aramex sees net income fall 57% y-o-y in the face of economic headwinds
The company attributes its losses to FX volatility in some of its markets and a global downturn in shipping volumes
Kuwait Oil Company inked a KWD 12.3 bn lease agreement for marine berths + storage areas with KPA
The berths will be used for the logistics operations of Kuwait Oil Company’s offshore drilling project
Egytrans reveals the fine print for NOSCO acquisition
The merged entity will see the company restructure into a holding company, overseeing five subsidiaries
Is AD Ports’ concession agreement for a Karachi port terminal about to fall through?
The company’s USD 1.2 bn bid was rejected by Pakistan’s finance ministry, and committees are set to renegotiate
MSC acquires majority stake in air freighter AlisCargo Airlines + Yellow files for bankruptcy
MSC has acquired a majority stake in Milan-based air freight carrier AlisCargo Airlines , with plans for a full takeover…
Qatar’s Milaha sees marginal bottomline growth in 1H 2023 amid falling container rates
The company sees container rates remaining stable for the remainder of the year
King Abdullah Port inks agreements with two bunkering service providers
King Abdullah Port becomes the latest to push bunkering services amid heightened regional demand
Kazakhstan in talks over JV to create an agricultural export route via Iranian and Emirati ports
Kazakhstan wants to use Iranian and Emirati ports to access the Indian subcontinent, MENA, East Asia and East Africa for…
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