Egypt makes progress in port + logistics infrastructure expansion projects

1

What we're tracking today

TODAY: Brics summit kicks off with emphasis on global south solidarity + Iraqi oil minister in Ankara to discuss Kurdish oil exports

Good morning, lovely people. The newsflow has relatively picked up since we last wrote to you, with some updates on the logistics front in Egypt, and a promising aviation-related initiative in Jordan.

THE BIG LOGISTICS STORY- Egypt has awarded two contracts for terminals at East Port Said, and is expected to award another today for a logistics zone on Libya’s border.

^^ We have everything on this story and more in the news well, below.

THE BIG LOGISTICS STORY ABROAD- Brics summit kicks off with strong Global South solidarity: Chinese President Xi Jinping and Brazil’s Luiz Inácio Lula da Silva said the Global South should band together to wield more influence, Bloomberg reports. “We should practice multilateralism and work towards giving a boost to countries in the Global South,” Xi reportedly told a joint briefing in Pretoria with South African President Cyril Ramaphosa following a state visit. “We believe our countries should be strategic partners, we should deepen political mutual trust.”

REMEMBER- The heads of the Brics countries are expected to discuss the expansion of Brics, the Brics bank, de-dollarization, economic cooperation, and relations with non-member states during the three-day summit. Egypt, the UAE, KSA, Iran, and Algeria are all looking to join the alliance, and multiple outlets have reported that several countries could be invited into the organization during the summit.

ALSO- North Korea airline flies first flight since covid-19: A North Korean commercial flight has touched down in Beijing from Pyongyang, marking the end of a three-year hiatus since the pandemic lockdowns began in 2020. The flight is reportedly carrying North Koreans who had been trapped in China by the years of border closures back, with some expecting a “gradual opening” to other friendly countries soon.Although there has been an uptick in North Korean rail and maritime cargo movement over the past year, the Chinese Foreign Affairs Ministry only greenlit the recommencement of North Korea’s Air Koryo flights to China yesterday.

The story got ink in the foreign press: Wall Street Journal | Reuters | Washington Post | CNN.

HAPPENING THIS WEEK-

Another potential blow for commodity flows: India is mulling a tax on parboiled rice amid surging food prices, Bloomberg reports, citing sources familiar with the matter. The country is also considering selling tomatoes and grains from state reserves, and scrapping a 40% import levy on wheat, to strengthen supply. Rice prices in Asia have reached the highest levels in the past 15 years following India’s ban on white rice exports and uncertainties regarding Thailand’s production.

Iraqi Oil Minister Hayan Abdel Ghani is currently in Ankara to discuss the resumption of oil exports via Turkey’s Ceyhan oil terminal, Reuters reported. Abdel Ghani will also negotiate with his Turkish counterparts the USD 1.5 bn Turkey has been ordered to pay Iraq as compensation for receiving oil from Iraq’s Kurdistan region without authorization from Baghdad. “Iraq's oil minister is in Turkey to discuss obstacles delaying the resumption of oil exports and how to resolve lingering issues,” the newswire quotes a ministry official as saying.

REMEMBER- A landmark international arbitration decision issued on 25 March had put a stop to the export of 450k barrels per day (bpd) of oil from Iraq’s semi-autonomous region of Kurdistan via Ceyhan,.

DATA POINT- DXB cargo volumes climb in 2Q 2023: Dubai International Airport handled some 453.5k tonnes of cargo during the quarter, marking a 16.1% y-o-y increase, WAM reports. This brings total freight volumes for 1H 2023 to 853.5k tonnes, down 6.2% y-o-y.

MARKET WATCH-

I ran’s oil exports have surged this month, with the country exporting 2.2 mn barrels per day (bbl/d) of crude and condensates, Bloomberg reports. The lion’s share of August’s flows from the country has been crude with over 200k bbl/d of condensate, which is a lighter form of oil, with most heading towards China as other Asian countries look to avoid sanctioned barrels. If this rate of production continues, it will far exceed any other month this year, Bloomberg cites analysts as saying.

Oil imports are down elsewhere in the world: India’s crude oil imports from Russia dipped and inbound shipments from Saudi Arabia tumbled to their lowest level in 2.5 years, Reuters reports, citing tanker data from trade and industry sources. China also cut imports from Russia and Saudi Arabia in July following price increases as the two oil producers reduced output and crude oil shipments, the outlet reports.

ICYMI - Saudi Arabia volunteered to cut output by another 1 mn barrels per day (bpd) from July through September, and Russia will reduce exports in August by 500k bpd, part of an OPEC+ agreement to curb supplies and support prices, the outlet writes.

CHECK OUT OUR AGENDA-

The Enterprise Finance Forum is taking place on 18-19 September at the St. Regis Hotel in Cairo. This flagship forum is the latest in our must-attend series of invitation-only, C-suite-level gatherings that allow senior members of our community to openly and frankly discuss critical issues in key sectors of the economy.

This is our first two-day event,which should give us plenty of time to dive into the nitty gritty of this industry we love. Our panels will see CEOs, bankers, investors and founders gather to discuss the future and trends shaping banking, finance, fintech and NBFS.

Our full agenda will be out at month’s end. Among the topics we’ll be discussing:

Looking into the crystal ball: Top industry CEOs will join us on stage to answer tough questions on where we are as an industry, the forces that will shape all of our businesses going forward, and their views on dealflow in the year ahead.

Surviving nuclear winter: We discuss how private equity and venture capital players are tackling challenges including fundraising and deployment in an environment in which it’s awfully difficult to price your local asset in USD terms.
The robots are coming: We explore what the coming AI and big data means for the industry in our part of the world and what can bankers, NBFI, and fintech players do to capitalize on them.
What do you do when nobody wants to be a banker — and when those who are already (investment or commercial) bankers are either (a) dreaming of doing their own startup or (b) moving to Dubai (or, increasingly, Riyadh)? We go deep into the weeds with industry leaders on how they’re building talent for tomorrow.
NBFIs are a bubble. Prove me wrong: We chart the explosive rise of NBFIs and ask whether the industry is ready for a wave of consolidation. We’ll dive into whether consumer finance is starting to mature as a segment — and ask which sector is next.
Handicapping the winners and losers in fintech in 2024: We dive deep into which categories are getting traction, where the untapped opportunities are, what business they would start today if they could, and what we can expect of the sector in the year ahead.
What’s a bank, anyway? Wherein we talk challenger and neobanks with the players looking to shake up the brick-and-mortar industry.

** NEW: MORE NETWORKING TIME- Our agenda includes expanded networking time, including an expanded coffee break and a post-event networking room for you to interact with your peers and speak one-on-one with the team at Enterprise.

STAY TUNED for more detail about our exciting agenda in the weeks to come.

TAP OR CLICK HERE if you want to express interest in attending. We’ll be sending out the first batch of invitations soon.

Do you want to become a commercial partner? Ping a note to Moustafa Taalab, our head of commercial.

CIRCLE YOUR CALENDAR-

Algeria’s speaker of the People’s National Assembly Ibrahim Boughali is in Tehran this week for a five-day visit that will see him discuss enhancing bilateral trade and economic cooperation with his Iranian counterpart, Mohammed Qalibaf, Iran’s state-run Islamic Republic News Agency reports. The two officials already discussed potentially expanding shipping routes, Iran’s state-aligned Tasnim News Agency reported.

Saudi Arabia will host the Sustainable Maritime Industry Conference from Monday, 4 September to Wednesday, 6 September in Jeddah. Organized by KSA’s Transport and Logistic Services Ministry, the event will feature over 50 speakers to spotlight sustainability, new technologies, and digitization efforts in the maritime industry. Speakers will include International Maritime Organization Secretary General Kitack Lim and World Ocean Council CEO Paul Holthus.

DP World and Greater Caspian Association and Integral Group of Companies are teaming up to host the Caspian Week Forum 2023 during the Global Freight Summit taking place from 15-17 November at the Coca Cola arena in Dubai, UAE. The Caspian Week Forum will be dedicated to strengthening ties between the Greater Caspian Region (GCR) and the world in business and economics, and will focus mainly on the development of trade and logistics in the GCR, establishing new logistic corridors, and discussing key regional challenges, Emirates News Agency(WAM) reports.

The Leaders in Logistics KSA Summit takes place on 5 September at the Crowne Plaza in Al Waha, Riyadh. The summit will delve into the national initiatives that aim to enhance Saudi Arabia’s logistics sector, highlighting the latest market trends and the importance of tech and sustainability to the sector.

Qatar’s Transport Ministry is organizing a sustainable transport conference on Sunday, 17 September to Monday and 18 September at the Doha Exhibition and Convention Center. The conference will demonstrate Qatar’s plans and strategies towards an comprehensive, integrated, and eco friendly transportation system, as well as latest technological innovations in the sphere of sustainable transportation.

Check out our full calendar at the bottom of this email for a comprehensive listing of upcoming news events and news triggers.

Egypt awards fresh contracts for container terminals + expects to award logistics zone contract today

Egypt makes strides in port + logistics infrastructure expansion projects with new contracts: Egypt has taken several measures this week to advance plans to expand logistics and port infrastructure, with two contracts awarded for two terminals at East Port Said Port, and a third logistics zone contract reportedly set to be awarded today.

Two companies were awarded terminals at East Port Said Port: President Abdel Fattah El Sisi ratified a decision to award Sky Logistics a 30-year build-operate-transfer contract for a multipurpose terminal at East Port Said Port, Al Mal reports. The multi-purpose station is set to be built over three phases, with the first set to begin operations by October, and the second and third phases set to be complete by the end of 2024.

State-owned Suez Canal Container Terminal Company (SCCT) was also awarded a contract to develop a second container terminal at the port, according to a ministry statement, which did not provide details on the second terminal.

Background: The port’s main operator, the Suez Canal Container Terminal Company (SCCT), plans to invest USD 500 mn to expand the capacity of the East Port Said Port by 40%.

There has also been renewed impetus to develop logistics infrastructure at the country’s border with Libya: Egypt’s General Authority for Land and Dry Ports (GALD) is looking to ink a 15-year agreement with Egypt-Europe for Industrial Development (EEID) for the management and operation of a 28-acre logistics zone at Al Salloum Land Port on the country’s border with Libya today, sources reportedly told Al Borsa.

The details: EEID is set to be awarded a 15-year concession and is expected to begin operations at the site by September at the latest, sources in the know told Al Borsa. The land and ports authority has reportedly prepared the site and equipped it with cold storage facilities and warehouses. The logistics zone aims to boost Egypt’s exports to Libya while adding value through packaging, storage, distribution, and export of Egyptian light and medium industrial products, the sources said.

A bridge to Europe? Development plans laid out for the project see local production of food and engineering products for export to markets in North and Central Africa, in addition to Europe, via the adjacent seaport of Gargoub.

The ball first got rolling earlier this year: Egypt’s transport minister Kamel El Wazir inked an MoU with the land and port authority to set up a consortium of companies comprising EEID, Mirad Developments, and Lenza Egypt for Projects and Engineering Equipment to build, manage, and operate the integrated logistical zone at Al Salloum.

The consortium arranged financing for the zone’s investments via the European Investment Bank (EIB) , the sources added, without disclosing the exact amount.

Joramco to establish Boeing freighter conversion line in Jordan

Dubai Aerospace Enterprise subsidiary Joramco will establish a new Boeing converted freighter (BCF) line in Amman , Jordan, under a new agreement with Boeing, according to a press release. This will make Joramco the first maintenance, repair and overhaul (MRO) supplier in the Middle East supporting future Boeing freighter conversions of both domestic and foreign aircraft, the statement added. The timeline for the operations of the freighter conversion line was not revealed.

The details: The freighter conversion line will support conversions of Boeing’s 737-800 aircraft for customers across the Middle East, Europe, North Africa, and the Commonwealth of Independent States (CIS), according to the statement.

Background: Dubai Aerospace Enterprise(DAE) has a leasing division with a fleet of around 550 aircraft leased to approximately 120 airlines in more than 60 countries. Last week, DAE acquired the rights, interests, and obligations of a portfolio of 64 Boeing 737 MAX aircraft from a China Aircraft Leasing Group Holdings (CALC) subsidiary, slated for delivery in 2023.

KSA works on boosting trade with Jordan, Qatar. PLUS: Qatar, Hungary upgrade relations

Qatar and Hungary have upgraded relations to a “strategic partnership,” during a meeting between Qatar’s Emir Tamim bin Hamad Al Thani, Hungarian President Katalin Novak and Prime Minister Viktor Orban, Qatari news agency QNA reports. The officials also discussed boosting cooperation between the two countries.

Qatar + KSA discuss kickstarting import/export initiative: Qatari and Saudi government officials discussed mechanisms to initiate import and export initiatives between them during the Economy, Trade, and Industry Committee of the Saudi-Qatari Coordination Council in Doha on Monday, Qatari news agency QNA reports.

Officials at the Saudi-Jordanian 18th joint committee meeting discussed enhancing trade and economic exchange on Sunday, the Saudi Press Agency reports. The committee meeting, which took place in Jeddah, discussed different ways to navigate challenges and implement practical solutions to boost the volume of trade, Undersecretary of the Transport and Logistics for Sector Development Ministry Saif bin Saad Al Faqar said.

The problems with transporting Ozempic + Methanol-powered vessels get spotlight treatment in int’l headlines

Ozempic + weight-loss drugs have high logistics costs: Despite soaring demand for Ozempic and other weight-loss drugs, revenues are not being reflected in pharma companies’ bottom lines due to complicated and costly logistics, the Wall Street Journal reports. While the weight-loss products are drivers of top-line revenue growth, they are minimally profitable, AmerisourceBergen CFO James Cleary is quoted as saying. This is due to wholesalers having to arrange industrial-scale logistics to keep the medications cold throughout transport and storage, WSJ writes.

What makes it so pricey? Ozempic and similar drugs are expensive, which drives up the costs of ins. and the level of security that trucks transporting them are outfitted with, the WSJ explains, adding that the high likelihood of theft also exacerbates the costs.

Methanol-powered vessels are picking up steam: Shipping giants Maersk, CMA CGM, and XpressFeeders are filling order books for methanol-powered vessels, with Maersk taking delivery of its first order from South Korean shipyards in July, Reuters reports. The tally for methanol-powered freighters is slated to increase from 30 this year to upwards of 200 by 2028, the newswire wrote, citing a DNV forecast. Methanol-powered vessels with dual-fuel options cost 10%-12% more than conventional vessels, but costs should fall as shipyards get into full steam, Reuters wrote citing Maersk.

But output is falling behind: The challenge rests between conventional methanol, which yields emissions cutbacks but still emits carbon dioxide, and green methanol, which is derived from renewable sources. While green methanol is more sustainable, it is at least twice as costly and presents new challenges for transportation between production sites and bunkering stations. “The real cost challenge remains on the fuel supply side and the need to rapidly build production globally and at scale; and the associated fuel infrastructure,” Maersk’s head of energy markets Emma Mazhari told Reuters.

ICYMI- Enterprise Climate reported earlier this week that Dutch chemical producer OCI Global completed a six-hour operation refueling the world’s first green-methanol-powered container ship with 500 tons of the green fuel in Egypt’s East Port Said. The refueling operation by OCI Global took place under a partnership with shipping and logistics giant AP Moller-Maersk.

Etihad Cargo adds another freighter service to China + Royal Air Maroc is leasing five new aircraft. PLUS: More from Aramex, Cairo Int’l Airport, Flynas and Iran

AVIATION-

Etihad Cargo adds new freighter service to China: Etihad Cargo has added an additional weekly freighter service from Abu Dhabi to Guangzhou in China, bringing its total freighter services to China to 10 per week, according to a press release. This comes in response to increased demand for cargo capacity and to strengthen ties between the UAE and China, Etihad Cargo’s head of Revenue Management, Fleet and Network Leonard Rodrigues said in the statement. The new service will further enhance trade and logistics development between Guangzhou and Abu Dhabi International Airport, while strengthening connectivity between the Middle East, China, and other Belt and Road Initiative economies, the statement adds.

ICYMI- Etihad Cargo recently launched its first flight to Ezhou Huahu Airport, making it the first international carrier, other than SF airlines, to operate flights to China’s first professional cargo airport.

Royal Air Maroc will lease five Boeing 737 aircraft for USD 300 mn from lessor Air Lease Corporation, according to a press release. The contract comprises four new 737 MAX 8s and one 737-800, all slated for delivery next year. The agreement comes as part of the airline’s plans to modernize its fleet and grow its network, as well as maximize its competitive advantage, Royal Air Maroc CEO Abdelhamid Addou said. The airline had said last month that it was preparing tenders to acquire 10 new aircraft through lease agreements, the SimpleFlying writes.

INFRASTRUCTURE-

Egypt’s Cairo Int’l airport getting a new terminal + digital revamp: Cairo International Airport Company has signed two MoUs with US companies to work on the construction of the fourth terminal at Cairo International Airport, Egypt’s Civil Aviation Ministry said in a statement. Infrastructure consulting firm Aecom and tech security company Pangiam will work on the new terminal. The second MoU was signed with Pangiam to conduct a feasibility study on upgrading the airport’s digital systems.

ZONES-

Aramex will provide its corporate services to small and medium enterprises (SMEs) in Meydan Freezone under a new MoU, according to a press release. The partnership will see the two organizations work together to enhance services and solutions for SMEs in the freezone, including providing them with features like instant bank account opening, visas and residency support, customs codes, import and export services, e-commerce/marketplace solutions, and digital payment gateways, the press release added.

ALSO WORTH KNOWING-

Saudi low-cost carrier Flynas will launch three weekly direct flights from Jeddah to Kyrgyzstan’s Osh city. (Statement)
Iran relaxes handwoven carpet export regulations: Iranno longer requires hand woven carpet exporters to return their export proceeds into a system that allows importers to access foreign currency at subsidized prices , as it looks to relax its regulations and boost sector revenue.(Tasnim)
Khalifa Economic Zones Abu Dhabi has started work on its AED 42 mn project aimed at landscaping 24 km of main roads and roundabouts within Kezad Al Ma’mourah, in a bid to improve traffic flow. (Statement)
Adnoc Logistics and Services has receivedthe third big crude carrier (VLCC) — Arzanah — of four VLCCs slated for delivery this year in a bid to expand its fleet. The 336-meter long vessel is designed to carry some 2 mn barrels of crude per voyage. (Disclosure, pdf)

American Airlines latest to ratify new labor agreement for pilots + Namibia plans USD 2.1 bn port expansions

American Airlines pilots rubber-stamp new labor terms: American Airlines pilots, represented by the Allied Pilots Association labor union, have ratified a new four-year labor contract that will see the carrier deliver upwards of USD 9 bn in compensations and benefits to its more than 15k pilots, according to a company statement. As per the new terms, pilots will receive an immediate 21% boost to salaries, which will increase to 46% over the coming four years, including contributions to 401(k) retirement plans, CNBC reports. The move comes after Delta Airlines and United Airlines upped their pilots’ compensations ahead of the busy summer season, putting pressure on rival carriers to follow suit.

Namibia is eying a USD 2.1 bn port infrastructure upgrade after substantial oil discoveries, Bloomberg reports. The project is set to take place in Walvis Bay and Luderitz and will see the establishment of newly built berths and quay walls to sustain drilling operations, as well as create a second port in Luderitz, Namibian Ports Authority CEO Andrew Kanime told Bloomberg. The country aims to start the three-year expansion projection in 4Q 2023, Kanime said. The ports authority will provide the land for development, as well as encourage private companies to establish operations, Kanime added. The country could witness its first oil production by 2029, state oil company Namcor said.

Calendar

AUGUST

Oman will award Ras Al Hadd Airport consultancy contract.

27 August (Sunday): Last day for companies to bid for the construction tender for Kuwait’s Mubarak Al Kabeer Port.

28 August (Monday): Registration for Emirates Postal Group’s Logistics Unleashed competition concludes.

SEPTEMBER

September: Hassan Allam Utilities + Agility to open Yanmu East logistics park.

4-6 September (Monday-Wednesday): The Sustainable Maritime Industry Conference, Ritz Carlton, Jeddah.

4-8 September (Monday-Friday): Logistics and Transport Management, Dubai.

5 September (Tuesday): The Leaders in Logistics KSA Summit, Crowne Plaza Al Waha, Riyadh.

6-7 September (Wednesday-Thursday): Sustainability LIVE London, Business Design Centre, London.

11-14 September (Monday-Thursday): The Libyan Moroccan Forum for Trade and Business, Tangiers, Morocco.

11-15 September (Monday-Friday): London International Shipping Week 2023, International Maritime Organization, London, United Kingdom

12 September (Tuesday): Global Pharma Logistics Summit 2023, ITC Maratha, Mumbai, India.

18-19 September (Tuesday-Wednesday): Enterprise Finance Forum, St. Regis Hotel, Cairo.

20-21 September (Wednesday-Thursday): Saudi Maritime Congress, Dhahran Expo, Damman, Saudi Arabia.

20-22 September (Wednesday-Friday): Transport Evolution Africa Forum and Expo, Inkosi Albert Luthuli ICC Complex (Durban ICC), South Africa.

20-23 September (Wednesday-Saturday): MTB Workboats, Hyatt Regency Dubai, Dubai.

25-27 September (Monday-Wednesday): Airline Economics Growth Frontiers Middle East & Africa, The Ritz-Carlton, Dubai, UAE.

25-27 September (Monday-Wednesday): Agriculture Horticulture Development Board’s trade mission to Kuwait.

26-28 September (Tuesday-Thursday): ProcureCon, Hyatt Regency Barcelona Tower, Spain.

26-28 September (Tuesday-Thursday): Breakbulk Americas, George R. Brown Convention Center, Houston, Texas.

September-November: Emirates Postal Group’s “Logistics Unleashed” competition, UAE.

OCTOBER

Egypt’s Suez Canal Economic Zone (SCZone) goes on a roadshow to South Korea.

3-4 October (Tuesday-Wednesday): IATA World Sustainability Symposium, Madrid, Spain.

3-5 October (Tuesday-Thursday): Smarter Mobility Africa Summit, South Africa.

10-12 October (Tuesday-Thursday): Autonomous E-mobility Forum, Doha, Qatar.

10-12 October (Tuesday-Thursday): Cool Logistics Global 2023, Genoa Stock Exchange, Genoa, Italy.

24-25 October (Tuesday-Wednesday): Future Fuels Europe, Amsterdam, Netherlands.

26-29 October (Thursday-Sunday): ICASM 2023, Conrad, Etihad Towers, Abu Dhabi, UAE.

30 Oct-2 Nov (Monday-Thursday): IAPH World Ports Conference, Abu Dhabi, UAE.

30 Oct-2 Nov (Monday-Thursday): XLP AGM 2023, Barcelona, Spain.

30-31 October (Monday-Tuesday): Gartner Supply Chain Planning Summit, London, UK.

September-November: Emirates Postal Group’s “Logistics Unleashed” competition, UAE.

NOVEMBER

1 November (Wednesday): Smart Maritime Network Dubai Conference, Conrad Dubai, UAE.

9-15 November (Thursday-Wednesday): Intra-AfricanTrade Fair, Cairo, Egypt.

15-17 November (Wednesday-Friday): Global Freight Summit 2023, Coca Cola Arena, Dubai, UAE.

13-17 November (Monday-Friday): Dubai Airshow, Dubai World Center, UAE.

14-15 November (Tuesday-Wednesday): Supply Chain & Logistics Arabia, Narcissus, Riyadh, Saudi Arabia.

14-17 November (Tuesday-Friday): IATA Slot Conference, Dubai World Trade Centre, Dubai, UAE.

15 November (Wednesday): Leaders in Logistics UAE Summit, Dubai.

21-23 November (Tuesday-Thursday): Intermobility Expo 2023, Dubai World Trade Center, Dubai, UAE.

21-23 November (Tuesday-Thursday): Touchdown Middle East, Gulf Hotel, Bahrain.

23 November (Thursday): Global Supply Chain and Logistics Summit, Grand Millennium Hotel Business Bay, Dubai, UAE.

30 November-3 December (Saturday-Tuesday): Handling Expo, Egypt International Exhibition Center, Cairo, Egypt.

September-November: Emirates Postal Group’s “Logistics Unleashed” competition, UAE.

DECEMBER

10-11 December (Tuesday-Wednesday): Invest in Logistics, St.Regis Almasa Hotel, New Administrative Capital, Egypt.

EVENTS WITH NO SET DATE

2H2023:Construction of Neom’s first hydrogen fueling station will kick off.

2H2023: Expansion of Baghdad International Airport to begin.

3Q 2023: Design and supervision contract for Oman’s proposed Musandam Airport to be awarded.

Before the end of the year: The first phase of the Ain Sokhna port redevelopment will wrap.

2024

1Q 2024: Construction of phase 3 of Agility’s logistic park in Abidjan, Côte d'Ivoire to be completed.

1H 2024: Work is scheduled to begin on the 162 km Rasht-Astara railway in Iran.

FEBRUARY 2024

13th World Trade Organization Ministerial Conference, Abu Dhabi, UAE.

12-13 February (Monday-Tuesday): Breakbulk Middle East conference, Dubai Trade Centre.

12-15 February (Monday-Thursday): African Air Expo, Cape Town.

28 February-1 March (Wednesday-Friday): MENA Transport Congress and Exhibition 2024, Dubai.

MARCH 2024

5-6 March (Tuesday-Wednesday): MRO Middle East, Dubai Trade Center, Dubai, UAE.

12-14 March (Tuesday- Thursday): IATA World Cargo Symposium, Hong Kong International Airport.

MAY 2024

2-3 May (Thursday-Friday): Geneva Dry, Geneva, Switzerland, Hotel President Wilson.

JUNE 2024

19-21 June (Wednesday-Friday): World Freezones Organization’s Annual International Conference and Exhibition, Bari, Italy.

NOVEMBER 2024

13-15 November (Wednesday-Friday): The Bahrain International Airshow, Sakhir Airbase, Bahrain.

DECEMBER 2024

10-12 December (Tuesday-Thursday): Middle East Business Aviation, DWC, Dubai, UAE.

2025

Mid-2025: Iraq will complete phase one of the construction of the Grand Faw Port.

DHL and Aramco’s logistics and procurement hub in Saudi Arabia will commence operations.

2027

4Q 2027: Oman’s Musandam Airport construction to be completed.

Sections

About

Privacy & Support

Get EnterpriseAM daily