Hassan Allam Utilities to launch logistics platform + KSA launches new economic zones

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What we're tracking today

TODAY: Saudi Arabia launches four economic zones + clashes in Sudan bring country to a halt

Good morning, nice people. We have a packed issue for you this morning with plenty of news to catch up on, from diplomatic detentes to new economic zones and logistics parks.

THE BIG LOGISTICS STORY- Saudi Arabia has launched four new Special Economic Zones in the kingdom to reinforce its position as a global investment hub, located in Riyadh, Jazan, Ras al Khair, and King Abdullah Economic City.

HAPPENING TODAY-

Supply chain issues see polarized opinions among global finance: Discussions between finance ministers and central bank governors in Washington have highlighted deep differences in opinions on the best course for the global economy, Bloomberg reported last week. G7 leaders talked up the need for more built-in “resilience” in global supply chains, while the IMF warned about “fragmentation” and a bleak outlook for the global economy.

Western leaders are calling for measures to centralize supply chains and bring them under their control, or what US Treasury Secretary Janet Yellen calls “friendshoring,” Bloomberg reports. On the other hand, IMF chief Kristina Georgieva warns that efforts to promote supply chain resilience risk leading to “fragmentation” in the global economy if they are pursued too aggressively, Bloomberg reports. At the center of that risk is the growing rift between the US and China. Poorer countries are particularly at risk in such a scenario as they would be forced to make difficult decisions on which trade bloc they wish to join.

Clashes in Sudan leave hundreds dead, close the country’s airspace:Battles between the Sudanese army and paramilitary forces continue for the fourth day, despite international efforts to end the fighting, the BBC reports. More than 100 people have died since Saturday in violence between the army and the Rapid Support Forces paramilitary group. Both sides have claimed to control key parts of the city, including the airport and the presidential palace.

All flights to and from Khartoum International Airport have been suspended, with flight tracking website Flightradar24 showing empty skies over the country. Several civilian and military aircraft were destroyed at Khartoum International Airport, according to satellite images shown by the BBC. A commercial aircraft belonging to KSA carrier Saudia was also struck by gunfire while on the airport’s tarmac, according to a report by Al Arabiya.

Dubai’s Floating Bridge will be closed to traffic for five weeks as of yesterday to make way for major maintenance work, according to a Road Transport Authority (RTA) statement. Traffic will be rerouted along alternative routes including Al Maktoum Bridge, Infinity Bridge, and Al Garhoud Bridge among other roads and crossings, the press release added.

WATCH THIS SPACE- Egyptian Prime Minister Moustafa Madbouly discussed proposals to facilitate investment procedures concerning cross-border trade with Egypt’s General Authority for Investment and Freezones (GAFI), in a bid to attract more foreign and local investments to support the local economy, according to an Egyptian cabinet statement. GAFI CEO Hossam Heiba discussed with Madbouly the possibility of integrating local data with international data systems to provide detailed, electronic data for shipments through carrier companies. The two also discussed facilitating customs release procedures for freezone projects, the statement added.

DATA POINT #1- Tunisia’s trade deficit narrowed 12% y-o-y in 1Q 2023 to c.TND 3.85 bn, according to data published by Tunisia’s National Institute of Statistics (INS). This came on the back of a 10.9% y-o-y uptick in exports to TND 15.6 bn, outpacing a 5.5% rise in imports, the INS said in a note picked up by Tunisian state news agency Agence Tunis Afrique Presse. Mechanical and electrical industries accounted for the biggest share (18.8%) of the country’s exports, followed by textiles and clothing at 17.8%, and the food industry at 8.2%, according to the data. Exports to the EU, which make up 72.3% of Tunisia’s exports, rose 16.3% y-o-y during the quarter, while imports from the bloc rose 2.8% y-o-y to TND 8.5 bn.

DATA POINT #2- Dubai has processed a record 7 mn customs transactions in 1Q 2023, Dubai Customs Director General and CEO of the Ports, Customs and Freezone Corporation Ahmed Mahboob Musabih said, according to UAE state news agency Wam. The authority also handled 112 cases of intellectual property disputes involving 9.6 mn counterfeit goods worth AED 28.85 mn in the quarter, Wam reported.

DATA POINT #3- Saudi’s Mawani reported a 21.14% y-o-y increase in handling container volumes to 693.5k TEUs in March, according to a press release. Exports in March rose c.18% y-o-y to 195.5 TEUs, while imports grew 37% y-o-y to 224.2 TEUs in March. Transshipments also rose 13% y-o-y to 274.8 TEUs were recorded during the month, whereas total cargo volumes for the month rose 5.8% y-o-y to 26 mn tons.

COME TO OUR NEXT ENTERPRISE FORUM-

The Enterprise Exports & FDI Forum, our latest industry-specific conference, is taking place on Monday, 15 May at Four Seasons, Nile Plaza. The Enterprise Exports & FDI Forum will give insiders and newcomers alike the chance to talk about how to develop an export-centered business and how their companies can help us build an export-led economy that makes us a magnet for foreign direct investment (FDI).

What’s the Enterprise Exports & FDI Forum? In the wake of successive floats of EGP, exports and FDI have never been more important to our economy — or our businesses. We’re gathering some of the CEOs, top execs from local companies and multinationals, investors, bankers and finance folks to speak on how businesses can adapt their strategies to be export-oriented and what we as a country can do to draw foreign investment and much-needed FX. Expect it to be heavy on lessons learned in Egypt and other global growth markets — and lots of success stories. You can learn more on our conference website here.

Some of the biggest names in business and finance are on board — are you? If you’re a C-suite exec, business owner, DFI staff, export executive, investor or banker, please fill out the form here to signal your interest, letting us know your name, title, and where you work.

WANT TO BECOME A COMMERCIAL PARTNER? Ping a note to Moustafa, our head of commercial, here.

Saudi Arabia has launched four new special economic zones

Saudi Arabia has launched four new Special Economic Zones (SEZ) in the kingdom to reinforce its position as a global investment hub, the Saudi Press Agency reported last week. The four zones will be located in Riyadh, Jazan, Ras al Khair, and King Abdullah Economic City.

Incentives for investors: Investors with companies operating in the zones benefit from fiscal and legislative incentives, including competitive tax rates, exemptions from customs duties on imports, full foreign ownership, streamlined administrative procedures, and less rigidity on regulations governing the employment of foreign workers, SPA reported separately.

What they said: The new SEZs will “significantly impact how business is done in the country, create tens of thousands of jobs, and contribute bns of riyals to our GDP,” Prince Mohammad bin Salman is quoted as saying. It will also help provide tremendous opportunities to develop the local economy and “localize supply chains,” bin Salman added.

The new zones will be distributed strategically across KSA and will each be specialized in specific industries, SPA added.

#1- King Abdullah Economic City (KAEC) SEZ: The 60-square-kilometer zone will specialize in manufacturing and logistics, including automobile supply chain and assembly, consumer goods, ICT and medtech. Located less than 90 km from Jeddah Airport, the new zone will have easy access to global trade through the airport. Furthermore, EV giant Lucid is slated to produce 150k EVs per annum from a new base at KAEC, SPA reported.

#2- Jazan SEZ: Located in the kingdom’s southwest corner, Jazan SEZ is within easy access of the large and well-equipped regional port of Jazan, which is the largest in the kingdom for the export of goods and import of raw materials and livestock. This zone will target trade with “fast growing markets in Asia and Africa,” SPA said. The zone will benefit from access to natural and industrial resources, and will provide avenues for the manufacture, processing, and distribution of foodstuffs due to its location in the fertile region of the kingdom.

#3- Ras Al-Khair SEZ: Located along the Arabian Gulf in KSA’s Eastern province, the SEZ is lined up to become a major platform and launchpoint for the region’s maritime industry. Shipbuilding and maintenance, as well as offshore drilling and maritime support services will comprise the focus of the new SEZ. 40% of investments at the new zone have already been accounted for, according to SPA.

#4 Cloud Computing SEZ: Located within Riyadh’s King Abdulaziz City for Science and Technology (KACST), this zone is positioned to “serve as a hub for emerging and disruptive technologies,” SPA reported. The zone is built on a “hybrid model” that allows investors to establish data centers and cloud computing infrastructure in locations across the kingdom.

Hassan Allam Utilities and AP Moller Capital to launch logistics platform to boost Egypt’s storage capacity

Hassan Allam Utilities + AP Moller Capital to launch integrated logistics platform: Our friends at Hassan Allam Utilities — the investment and development arm of Hassan Allam Holding — and AP Moller Capital have agreed to launch an integrated logistics platform for warehousing and handling services in Egypt under a strategic partnership, the company said in a press release (pdf).

The details: The platform will offer air cargo handling facilities, logistics and distribution centers, integrated warehousing parks, inland dry ports, and terminals. It will focus mainly on the development of warehousing capacity across Egypt to support the country’s long-term plans to expand its storage capacity for agricultural products and enhance food security, according to the statement.

The partnership aims to attract c.USD 200 mn of direct investments in Egypt’s logistics, airfreight, and warehouses sector, which will contribute to increasing trade flows, the statement said. The platform will “contribute to increasing trade flows and providing a stable and secure supply of critical products such as food and [pharma products],”said AP Moller Capital Senior Partner Lars Jakobsen.

More logistics parks: Hassan Allam Utilities plans to develop logistics parks across Egypt as part of the platform through further partnerships with global players, Chairman Amr Allam said.

Hassan Allam Utilities has been making strides across Egypt’s logistics sector: The company formed a joint venture, dubbed Yanmu, with Kuwait’s Agility last month to set up and operate logistics parks in Egypt. It was also awarded two projects by Egypts Internal Trade and Development Authority (ITDA), in September to develop and operate strategic warehouses in Luxor and Sharqia.

About Hassan Allam Utilities: Established in 2017 as the investment and development arm of construction giant Hassan Allam Holding, the company targets opportunities addressing the clean energy market for infrastructure services in Egypt and the region. Its investment and development efforts are focused on sustainable infrastructure, particularly in renewable energy, water, logistics, mobility, and social infrastructure.

Etihad Cargo + Air Canada + Qatar Airways to begin operating new flights

Etihad Airways’ cargo and logistics arm Etihad Cargo has signed an MoU with China’s SF Airlines to begin operating flights via their fleets to each other’s hubs, allowing Etihad to expand its reach into China through SF Airline’s network, according to a company statement. Etihad Cargo will begin operating the flights on 28 April with a Boeing 777 freighter.

The details: The partnership will provide Etihad Cargo’s customers connectivity to 25 domestic destinations in China through SF Airlines' road feeder service trucking network. The UAE-based carrier will use SF Airlines’ Chinese network to transport cargo to other destinations in China — as well as Hong Kong, Macao and Taiwan — via its Hubei Province hub.

ICYMI: This move follows the carrier’s launch of an additional direct freighter service to Shanghai in February, which increased the total number of freighter flights per week to eight.

About SF Airlines:SF Airlines is the cargo arm of SF Holding, and operates the largest cargo air fleets in China, according to the statement.

Air Canada will introduce new non-stop flights from Vancouver to Dubaistarting 28 October, the airline said in a press release. The airline’s Dreamliner fleet will operate the route four times a week. This new service, which is an addition to Air Canada’s current daily flights between Toronto and Dubai, is the first direct air service linking western Canada to the Middle East, the airline said.

Greater access via Emirates: “In cooperation with our codeshare and frequent flier partner Emirates, our Vancouver-Dubai flights will connect to a multitude of destinations across the Middle East, Indian subcontinent and East Africa in Dubai,” said Air Canada Senior Vice President, Network Planning and Revenue Management Mark Galardo.

IN OTHER AVIATION NEWS: Qatar Airways will operate daily flights to Birmingham, England throughout the summer starting 6 July 2023, according to a company statement.

Egyptian trucking startup Trella to wind down its operations in Pakistan

Egypt-based trucking startup Trella is winding down its business in Pakistan due to macroeconomic turmoil in the country,Bloomberg reports, citing sources it says are close to the matter. The company stopped taking new orders last month, Bloomberg’s sources said, adding that it will retain some of its staff for its operations in Egypt, Saudi Arabia, and the UAE. The business information service did not disclose the exact size of the layoffs the move will entail. Trella representatives did not respond when Enterprise Logistics reached out for comment.

The rationale: The sources cited economic turmoil for Trella’s decision to discontinue its operations in the country, noting business there would be “unsustainable,” Bloomberg reports.

Background: Pakistan has been facing economic headwinds for years, and has seen multiple downgrades by rating agencies due to the delay in its IMF loan program. The country has also restricted imports due to an FX shortage, devalued its currency by a third of its value, and doubled fuel prices in the past year, all of which impacted the trucking sector in the country. Trella entered Pakistan in 2020, at the time citing its “high-performing and efficient” logistics industry.

It’s not just Trella: Other e-commerce and delivery startups have grappled with the economic headwinds hitting the country. Egyptian transport startup Swvl suspended its intra-city rides in the country last year, while Careem suspended its food delivery service due to economic instability. Homegrown e-commerce startup Airliftalso met its demise and went bust following covid-19 and the pressures of tech valuations.

About Trella: Founded in 2018, Trella is a B2B freight platform that connects shippers to carriers, allowing shippers to improve load utilization while providing transparency on pricing. The company allows carriers to track shipments and keeps an eye on transportation trends and performance through reports. Trella raised USD 42 mn in 2021 from investors including Maersk Growth, the corporate venture arm of AP Moller-Maersk. Aside from Pakistan, the startup operates in Egypt, Saudi Arabia, and the UAE.

Adnoc’s logistics unit adds 5 new gas carriers to its fleet + Asyad announces 2 additions to its maritime capabilities

Adnoc L&S expands its gas carrier fleet with new VLGCs: State-owned Abu Dhabi National Oil Company’s (Adnoc) shipping and maritime logistics arm, Adnoc L&S, has added five new-build Very Large Gas Carriers (VLGC) to its fleet, the company said in a press release last week. The carriers will be owned and operated by AW Shipping, an Adnoc L&S JV with Wanhua Chemical Group.

What will the carriers be used for? The carriers will be used to transport liquified petroleum gas (LPG) sourced from Adnoc and other global suppliers to Wanhua’s manufacturing bases in China and across the world. The AW shipping JV was formed in 2020 to support a 10-year LPG supply contract signed between the two companies in 2018, the statement said.

The details: The five carriers — Al Ain, Zakher, Rabdan, Al Salam, and Baynounah — were built at Jiangnan Shipyard in Shanghai. Each has a capacity of 86k cubic meters, and are equipped with dual-fuel engine technology, using LPG as their primary fuel source, the statement said. This makes them among the lowest-emission vessels of this type, it added.

What they said: “The addition of these new-build, lower-emission vessels to Adnoc L&S’ growing fleet of over 800 owned, operated and chartered vessels, represents another important milestone as we bolster our capacity to capitalize on growing global energy demand,” Adnoc L&S CEO Abdulkareem Al Masabi said. “Natural gas is playing an increasingly important role in the global energy landscape and Adnoc L&S is expanding its gas fleet to serve customer demand, while reducing the carbon intensity of our vessels.”

More VLGCs to come: Jiangnan Shipyard is building LNG carriers for Adnoc L&S, scheduled to be delivered in 2025 and 2026, according to the statement.

Asyad Line acquires new vessel + doubles frequency of India-GCC service:Oman-based Asyad Line (ASL), part of logistics firm Asyad Group, is also adding a brand new 2.8k-TEU vessel to its commercial fleet, and is increasing the frequency of one of its flagship lines linking India with the GCC, it said in a press release. The new vessel ASL acquired has a capacity of 2.8k TEU, the statement said, without disclosing further details. ASL has also doubled the frequency of its India Express Service service — connecting major GCC and Indian ports — to four sailings per month, up from two per month, as a response to increasing global and regional demand, according to the statement.

About IEX: The IEX Service provides a direct route connecting Oman’s ports to India’s, going through Sohar Port, Dubai’s Jebel Ali, Qatar’s Hamad Port, and Saudi Arabia’s King Abdul Aziz Port in Dammam, as well as Mundra, Nhava Sheva and Hazira ports in India.

Qatar’s Nakilat sees marginal net income + revenue growth in 1Q2023

Qatar’s Nakilat reports growth in net income: Qatari liquified natural gas (LNG) shipping company Nakilat, reported a 3.6% y-o-y rise in net income to QAR 396 in 1Q 2023, according to the company’s earnings release (pdf). Total revenues for the quarter rose 5.3% y-o-y to QAR 1.12 bn, according to the company’s unaudited financial statements (pdf).

Net income was boosted by growing demand + effective cost management…: The company attributed the increase in net income to the company’s “continued focus on operational efficiency, effective cost management, and robust market demand for its LNG shipping services.” The financial statements also show a 7.9% boost in income from joint venture operations to reach QAR 171 mn during the quarter. Sales from the company’s fully-owned ships also garnered QAR 878 mn in 1Q, an increase of a little under 1% y-o-y.

…which helped offset the rise in operating expenses: Operating expenses rose 5% y-o-y to QAR 194 mn during the quarter, according to the company’s financials.

Regional detentes could see a boost in trade

Tunisia and Syria have agreed to restore diplomatic ties amid a wider regional detente, DW reports. Tunisia is the latest country in the region to restore ties with the Assad regime, following Oman, which did so earlier this year, and the UAE, which resumed diplomatic ties in 2018. Syria will appoint an ambassador at a reopened diplomatic mission in Tunisia, according to a joint statement picked up by DW.

Not everyone is on the normalization boat, however, the Financial Times reports. Qatar, Kuwait, and Jordan, have pushed back, saying that Bashar Al Assad has done nothing to redeem himself, according to the FT. The opposition camp is also frustrated with the Assad regime for allegedly providing a gateway for the trade of narcotics in the region. The US is also opposed to a normalization of ties between Syria and its fellow Arab states, Al Arabiya reported, citing statements made by White House spokesperson.

Qatar and Bahrain have also agreed to restore diplomatic relations, according to a statement from Qatar’s Ministry of Foreign Affairs. The countries are taking this step as a precursor to developing bilateral trade, the statement said. Bahrain follows moves from Saudi Arabia, Egypt and the UAE to normalize relations with Qatar.

Egypt and Turkey will soon reappoint ambassadors and formally reestablish diplomatic ties following a decade of hostilities, Turkish Foreign Minister Mevlut Cavusoglu said at a presser in Ankara Thursday with his Egyptian counterpart Sameh Shoukry (watch, runtime: 6:40). Following their third round of talks in as many months, the two diplomats agreed to collaborate on developing and strengthening a combined military force in Libya, as well as developing a timeline for holding elections in the country, easing a key source of tensions between the two rivals.

Airplane shortages face another hit from Boeing

Boeing could reduce deliveries of new jets, adding to an industry-wide shortage: Boeing warned it is likely to reduce deliveries of its 737 Max planes, after facing issues with one of the plane’s spare parts. While not a safety concern, the problem impacts a significant number of undelivered 737 Max jetliners in production and storage. The 737 family accounted for two-thirds of Boeing’s 1Q 2023 revenues, and the issue led to the company’s stock to experience its steepest decline in more than six months. The company has faced a string of production issues as of late, as it looks to ramp up production of its best-selling plane amid a rebound in travel. (CNBC | Bloomberg)

Airlines are repurposing parts from older aircrafts as they wait for new jets: As the summer travel season approaches, airlines are on the hunt for aircraft parts, as new planes from Boeing and Airbus remain in short supply, CNBC reports. The shortage is spurred by a scramble for labor, which is in shortage since airlines shed workers during the pandemic. To meet demand, some aircraft owners are turning to retired planes for parts, the newswire reports.

Hong Kong International Airport (HKIA) was the world's busiest cargo airport in 2022, handling 4.2 mn tons of cargo during the year. (Airports Council International)
Piracy hits three-decade low in 1Q 2023: Piracy incidents in 1Q 2023 were at their lowest since 1993, with 27 reported incidents during the quarter, down from 37 during the same period last year, according to data from the ICC International Maritime Bureau. (Seatrade Maritime)

Bahrain to overhaul data center infrastructure + Acelen invests USD 2.5 bn in renewable diesel. PLUS: SCZone makes plans for digitization, Abu Dhabi opens new bridge

AVIATION-

Mubadala Capital’s energy subsidiary Acelen plans to invest USD 2.5 bn to produce renewable diesel and sustainable aviation kerosene in Brazil’s north-eastern state of Bahia, according to a statement. Construction on the biorefinery will begin “as early as” January 2024, with an eye to start production in 2026. The biorefinery will have the capacity to produce 1 bn liters per year of hydrotreated vegetable oil (HVO), a low-emission diesel-like fuel made from vegetable oils and animal fat. Output will be slated for export due to considerable global demand for clean fuels.

DATA CENTERS-

Bahrain becomes first country in MENA region to implement a multi-cloud system in the public sector: Bahrain’s Information & eGovernment Authority (iGA) launched a project to upgrade its private data center infrastructure, making Bahrain the first country in the region to adopt a hybrid cloud system in the public sector, Bahrain News Agency reports. The project will help improve efficiency and the government’s ability to host government systems and services, and will include the development of a disaster recovery data center for emergency response and a national backup system to ensure that the government’s data network operates smoothly. The iGA is collaborating with US-based cloud computing and virtualization technology company VMwareon the project.

TRANSPORT-

Abu Dhabi has opened a new bridge linking East and West Bani Yas, reducing the journey time between the two areas by around 73%, according to a statement from the emirate’s Municipalities and Transport department. The bridge accommodates some 1.4k vehicles per hour from Al Ain E22 road and around 1.1k vehicles per hour traveling from East or West Bani Yas.

ZONES-

SCZone inks agreement with ITDA on digitization:Egypt’s Suez Canal Economic Zone (SCZone) has signed a protocol with the Internal Trade Development of Authority to improve the quality of its services through digitization, according to a statement. The protocol seeks to integrate the registry office with the central data network to enable it to carry out registration of commercial activities within the SCZone. The protocol also looks to promote projects and attract investments to the logistics sector, the statement said.

India + Russia in talks for an FTA. PLUS: Chevron + Angelicoussis to cooperate on ammonia shipping

Energy giantChevron and Angelicoussis Group are collaborating on ammonia shipping under a joint study agreement, according to a statement. The companies will explore how tankers can be used to transport ammonia, which is a potential lower carbon marine fuel. The first phase will involve a feasibility study to assess the market, the existing infrastructure, and safety considerations, and to determine the requirements for next generation ships and propose a system for transporting ammonia between the US Gulf coast and Europe. Future phases will have a more global outlook, according to the statement.

ALSO WORTH KNOWING-

India and Russia trade picking up pace: India and Russia are discussing a freetrade agreement (FTA) that could further deepen commercial ties. (Reuters)

Calendar

APRIL

17-21 April (Monday-Friday): Hannover Messe 2023, Messegelände, Hannover, Germany.

18-20 April (Tuesday-Thursday): Intermodal Africa, Durban International Convention Centre, South Africa.

25-27 April (Saturday-Monday): World Cargo Symposium, Hilton Istanbul Bomonti Hotel and Conference Centre, Istanbul, Turkey.

MAY

May: The Suez Canal Economic Zone (SCZone) plans to handover a new 1k-meter container berth to the East Port Said Port.

1-4 May (Monday - Thursday): Select USA Investment Summit, National Harbor, Maryland, USA.

4 May (Thursday): Deadline to submit proposals for the design, construction, finance, operation, and maintenance of the Salalah-Thamrait trucking road in Oman.

9-11 May (Tuesday-Thursday): Airport Show, Sheikh Saeed Halls 1-2, DWTC, Dubai.

9-12 May (Tuesday-Friday): Transport Logistic, Trade Fair Center Messe München, Munich, Germany.

10-12 May (Wednesday-Friday): The African Aviation Summit: Air Finance Africa Conference & Exhibition, Sandton Convention Centre, Johannesburg, South Africa.

15 May (Monday): Exports + FDI Forum, Four Seasons Hotel Cairo at Nile Plaza, Cairo, Egypt.

15-16 May (Monday-Tuesday): Middle East Rail, Abu Dhabi National Exhibition Centre, Abu Dhabi.

15-16 May (Monday-Tuesday): Mobility Live Middle East, Abu Dhabi National Exhibition Centre, Abu Dhabi.

15-17 May (Monday-Wednesday): Global Fleet Conference, Cascais, Portugal.

16-17 May (Tuesday-Wednesday): Africa Forum of Investment and Commerce, Sheraton Hotel, Algiers, Algeria.

16-18 May (Saturday-Monday): Baltic and Black Sea Ports & Shipping, Radisson Hotel & Suites, Gdansk, Poland.

16-18 May (Saturday-Monday): Seatrade Maritime Logistics Middle East, Dubai, UAE.

16-18 May (Saturday-Monday): IATA Ground Handling Conference, Abu Dhabi National Exhibition Center, Abu Dhabi.

18 May (Monday): UN-Turkey-Russia Black Sea grain agreement extension expires.

24 May (Friday): Fleet and Mobility Summit, Dubai.

29-31 May (Monday-Wednesday): Translogistica Libya 2023, Misurata, Libya.

JUNE

June: Suez Canal Economic Zone holds a roadshow in Delhi.

6-7 June (Tuesday-Wednesday): Ports and Customs Week, Cape Town, South Africa.

JULY

1 July (Saturday): A new greenfield liquid bulk terminal in Khalifa Port Abu Dhabi will kick off operations.

16-17 July (Thursday-Friday): The Levitate Conference and Exhibition, St. Regis Amman Hotel.

24-25 July (Monday-Tuesday): ICSG Istanbul, Istanbul Lutfi Kirdar Convention & Exhibition Centre, Istanbul.

SEPTEMBER

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

OCTOBER

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

EVENTS WITH NO SET DATE

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

2024

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

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

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.

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