Logistics (MENA) 
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Middle East firms look to boost trade, supply chain resilience, and non-oil economy in 2024
The region is leveraging non-alignment to boost trade with all blocs
Disruptions along major trade routes are rattling the ins. and shipping markets, and risking inflation
Marine ins. are factoring added risk, and shipping rates have increased multiple times along affected routes
Maritime trade volumes set to recover in 2023, UNCTAD says
The sector still needs to meet decarbonization targets, and handle challenges like rising geopolitical tensions and heightened trade policies
Shipping has been on the decline this year, and 2024 doesn’t look much better
Container trade is witnessing a decline in 2023, and is set to inch up 3% y-o-y in 2024
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
The global logistics market is experiencing a “reset” as carriers lose the high ground
Air freight and maritime shipping firms are in for a reckoning amid weakening demand and a global “reset” in trade…
Middle East supply chains are turning to reshoring, tech and diversification to dodge supply chain disruptions
Supply chain disruptions will shift exporters’ focus to risk mitigation + diversification in 2023: The World Trade Organization expects (pdf)…
Import dependence to weigh on MENA trade over the next decade, OECD-FAO report says
The region’s food import bills could rise 30% by 2032: Production constraints and a booming population will see MENA increasingly…
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