Get EnterpriseAM daily

Qatar’s Ooredoo offloads 6% stake in Qatari data centers firm Meeza

1

What we're tracking today

TODAY: Ooredoo offloads 6% stake in Meeza + BlueFive eyes Asian logistics, transportation sectors

Good morning, folks. We have a packed issue this morning as we kick off the week, with M&A, investment, and ports updates from across the region. But first, an update on global aviation disruption after a cyberattack hit a high-profile industry software provider…

THE BIG LOGISTICS STORY- Cyberattack disrupts European airports: Flights to and from Europe were disrupted over the weekend after a cyberattack targeted a check-in software shared by European airports. Major European hubs like London’s Heathrow Airport, Brussels Airport, and Berlin Airport were the hardest hit, with hundreds of flights impacted over the weekend. reporting 29 arrivals and departures cancelled. The software, Muse, is provided by aerospace solutions provider Collins Aerospace.

Regional airlines felt some heat, too: Etihad Airways reported unusually long check-in times at certain airports following the cyberattack, Gulf News reported on Saturday, citing a statement from the carrier. Emirates reported that its operations were not significantly hindered, but advised passengers to check in online.

The attack sheds light on rising cyberattacks on the transportation and logistics sectors — both repeatedly ranked among the top 10 targeted industries — due to heavy reliance on digital platforms. Shared third-party platforms are often an attractive target, head of enterprise at cybersecurity firm Check Point Charlotte Wilson told Euro News. “When one vendor is compromised, the ripple effect can be immediate and far-reaching, causing widespread disruption across borders,” she added.

REMEMBER- Cargo air freight was also likely impacted, given that some 50% of airlines' freight is handled through the belly capacity of regular passenger flights.

The story received a lot of attention in the int’l press: Reuters | Associated Press | Bloomberg | Financial Times | New York Times | CNBC | NBC | Politico | BBC | The Guardian | Euro News

HAPPENING THIS WEEK-

The third iteration of the Syria Recovery and Investment Forum will kick off on Wednesday, 24 September in Abu Dhabi, the UAE. The forum will host leaders in business, regional investors, policymakers, and advisory experts to develop practical solutions for Syria's road to recovery and economic revival.

WATCH THIS SPACE-

#1- Chinese tech company Tencent is gearing up to launch its first Middle East cloud region in Riyadh by the end of the year, as part of the USD 150 mn investment announced during Leap 2025, senior executives told Arab News on the sidelines of the Tencent Global Digital Ecosystem Summit 2025 in Shenzhen. The company is working to secure approvals to serve both government and private clients.

Tencent is currently building server rooms in the Kingdom, tailored to “serve local industries in Saudi Arabia, the wider Middle East, and beyond,” director of AI Global Commercialization Eric Li told Arab News. Products like electronic identity checks and tourism-oriented Palm AI could be adopted in various sectors, including finance, telecom, and tourism, Li added.

Localization is key: "We are building local teams and working with system integrators to ensure our solutions are fully aligned with Saudi business and regulatory environments,” senior executive vice president Dowson Tong said.

#2- Iran is looking to expedite agreed-on mega logistics projects with Azerbaijan, Tehran Times reports. The projects comprise a joint industrial park within Iran’s Bileh-Savar FreeTrade-Industrial Zone, a logistics center, and an Ardabil-Baku railway link that would facilitate exporting agricultural products to Russia.

The framework: Both countries will contribute an equal amount of land for the industrial park, with Iran responsible for infrastructure and providing the necessary utilities.

Iran views logistical links with Azerbaijan to carry both geopolitical and economic importance, amid efforts to sidestep its territories in future intermodal logistics corridor projects linking Asia and Europe. The country has been especially wary of the US-brokered Armenia-Azerbaijan peace framework, which gave the US control of the Zangezur Corridor’s development — a stretch of 32 km that can provide a direct link between Europe and the regions of Central Asia and South Caucasus, bypassing both Russia and Iran as transit hubs.

#3- Turkey nears 250-jet Boeing order confirmation: Turkish Airlines’ order for as many as 250 Boeing commercial aircraft is expected to be announced during a Trump-Erdoğan meeting this week, Bloomberg reported last week, citing unnamed sources. The order — in the works since last year — was previously reported to comprise up to 175 narrowbody jets (737 Max) and some 75 widebody aircraft (787 Dreamliner). A final decision is yet to be made, a spokesperson for the flag carrier, Yahya Ustun, said.

IN CONTEXT- Aircraft orders are emerging as a bargaining chip — or perhaps a showing of goodwill — in trade talks with the US, with several global and regional players moving on big Boeing orders as part of national strategies to appease the US. Bangladesh was reportedly mulling over a 25-jet order from Boeing, while Indonesia previously signed up to acquire 50 Boeing jets in a bid to lower impending tariffs. This followed Qatar Airways’ 160-jet order and Vietnam’s USD 560 mn loan to back a major Boeing order earlier this year.

Eyes on the big target: The new order will bring the Turkish flag-carrier closer to its proclaimedtarget to expand its fleet from 492 jets to 813 by 2033, Turkish outlet Hurriyet Daily reported last March, citing chairman Ahmet Bolat. Earlier in 2023, the company recruited Airbus for a major order for 150 A321s and 70 A350 widebody aircraft.

#4- Al Nasiriyah Airport’s almost here: Iraq's Al Nasiriyah International Airport is slated to be operational by the end of 2025, with nearly 95% of the airport’s outer structures completed, according to a statement released on Thursday. The project — which spans 16 mn sqm and features a 3.4k-meter runway — has reached 85% progress overall with the installation of key equipment and construction of its four main roads.

We’ve been waiting: Iraq had inked contracts with Chinese firm CSCEC to build Al Nasiriyah International Airport and Turkish firm Kiklop Design Hertz Insaat to supervise the project’s implementation back in July 2024. The airport was over 76% complete earlierthisyear.

MARKET WATCH-

#1- Oil prices rose this morning on the back of geopolitical tensions in Europe and our region, but concerns of rising supply and stifled demand softened the impact, Reuters reports. Brent crude for October contracts increased by USD 0.34 to reach USD 67.07 / bbl by 03:17 GMT, while US West Texas Intermediate (WTI) also surged by USD 0.34 to trade at USD 63.02 / bbl.

FORECAST- Oil is set to make up only 5% of the MENA region’s power mix by 2035 — a drop from the current 20%, according to an International Energy Agency (IEA) report (pdf). Electricity demand will jump by 50% over the same period — to be covered by renewables and natural gas — with the main driving factors including cooling, desalination, rapid population growth and urbanization, industrialization, along with new sectors such as transport electrification and data centers.

Natgas to dominate the mix: The region is on track to add some 110 GW of gas capacity over the next decade, adding to the 350 GW installed by 2024, the report says. Gas-fired generation in the region more than tripled over the past two decades, with Egypt, Saudi Arabia, Iran, and the UAE accounting for two-thirds of total consumption.

#2- Baltic index keeps inches down: The Baltic Exchange’s dry bulk sea freight index — which tracks rates for the capesize, panamax, and supramax vessel segments — fell to 2,203 points on Friday, but rose by 3.6% for the week. The capesize climbed 0.8% to 3,437 points, its highest since 29 July, while the panamax index shed 1.9% to 1,845 points. The smaller supramax index fell 3 points to 1,489 points.

#3- The Drewry World Container Index fell by 6% to USD 1,913 per 40-ft container on Thursday, according to the latest index readings. The drop comes on the back of market turbulence driven by the ongoing flurry of US tariffs since April. The container forecaster projects the supply-demand balance to fall in 2H 2025, causing spot rates to fall further.

DATA POINTS-

#1- Saudi Arabia’s non-oil trade balance surplus with other GCC countries more than doubled in 2Q 2025, widening 119% y-o-y (+SAR 6.5 bn) to reach SAR 11.96 bn, according to preliminary data from the country’s General Authority for Statistics. The UAE topped the list of non-oil trade partners with SAR 40.4 bn, followed by Oman (SAR 5.3 bn), Bahrain (SAR 4.7 bn), Kuwait (SAR 2.4 bn), and Qatar (SAR 1.6 bn).

#2- Syria’s Latakia Port has seen an increase in handled cargo, reaching over 1.5 mn tons so far in 2025, with over 290 vessels docking, according to a statement seen by the Syrian News Agency. This is on the back of restored infrastructure, including cranes and improved port operations.

PSA-

Maersk cancels China-GCC voyage: Shipping giant Maersk has cancelled the 15 October voyage of its Kostas K vessel — which carries cargo on the FM1 service route from Far East Asia to the Arabian Gulf — ahead of China’s Golden Week holidays, it said in a statement on Thursday. The journey was supposed to start at China’s Ningbo and conclude at the UAE’s Jebel Ali on 9 November.

***YOU’RE READING EnterpriseAM Logistics, the essential MENA publication for senior execs who care about the industry that connects producers and retailers to global markets. We’re out Monday through Thursday by 9:15am in Cairo and Riyadh and 11:15am in the UAE.

EnterpriseAM Logistics is available without charge thanks to the generous support of our friends at Hassan Allam Utilities, Transmar, and AK-Ships.

Were you forwarded this email? Tap or click here to get your own copy of Enterprise Logistics.

Want to send us a story idea, request coverage, ask for a correction, or otherwise get in touch? Reach out to us on logistics@enterprisemea.com.

DID YOU KNOW that we also cover Egypt, Saudi Arabia, and the UAE ***

CIRCLE YOUR CALENDAR-

Turkey will host the Global Freight Summit on Sunday, 28 September until Wednesday, 1 October in Istanbul. The summit will host over 330 attendees and more than 250 firms for policy and knowledge and strategies exchange between forwarding partners.

The UAE will host the African, Middle East, and Islamic Finance Aviation 100 Awards on Monday, 29 September until Wednesday, 1 October in Dubai. The event aims to highlight and reward the most remarkable transactions closed by airlines and aviation manufacturing and leasing firms.

The UAE will host the Global Rail Transport Infrastructure Exhibition and Conference on Tuesday, 30 September until Thursday, 2 October in Abu Dhabi. The event will be hosted by Etihad Rail and is set to welcome over 200 global speakers and upwards of 20k industry attendees to share innovative solutions and develop partnerships.

Saudi Arabia will host the Saudi Maritime and Logistics Congress on Wednesday, 1 October and Thursday, 2 October in Dammam. It will host over 200 registered exhibitors and some 15k attendees from over 90 countries to discuss AI-powered fleet optimization, shifts in global trade, and intelligence-driven infrastructure.

The UK will host the Marine Environment Protection Committee Extraordinary Session from Tuesday, 14 October until Friday, 17 October at the International Maritime Organization’s (IMO) HQ in London. The session is set to see the intergovernmental body formally adopt its Net-Zero Framework — rolling out new fuel standards for ships and a global pricing mechanism for emissions.

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

This publication is proudly sponsored by

2

M&A Watch

Qatari telco Ooredoo offloads 6% stake in Doha-listed Meeza from its 10% holding

Ooredoo divests another minority interest in Meeza: Qatari telco Ooredoo sold a 6% equity stake of its total 10% interest in Doha-listed data center provider Meeza to select funds managed by UK asset manager Fiera Capital in a private transaction, according to a joint statement (pdf). The transaction was struck at current market price, and comes a little over two years after Ooredoo first sold half of its original holding in Meeza via IPO.

Setting a full exit in motion: Ooredoo plans to divest its remaining 4% stake in Meeza at “a later stage”, describing the holding as being outside its current core portfolio.

REFRESHER- Ooredoo is a founding shareholder of Meeza, which went public on the Qatar Stock Exchange (QSE) in 2023. The IPO saw Meeza float 50% of its capital at QAR 2.17 each, raising QAR 911 mn, according to its ITF document (pdf). Ooredoo — which originally held 20% of Meeza — cut its stake down to 10% as part of the offering.

The pitch: The sale aligns with Ooredoo’s broader push to channel resources into its data centers platform, Syntys, as the telco recasts itself as a regional data-center and AI heavyweight. Over the past year it has lined up a QAR 2 bn financing package to bankroll a USD 1 bn capacity build-out, opened a 10 MW, 1.2k-rack facility in Oman, struck a partnership with Schneider Electric on cloud and green data-center solutions, and became the first regional operator to deploy Nvidia’s AI platform across its sites in six countries.

About Meeza: Founded in 2008 as a joint venture between Qatar Foundation and Ooredoo, Meeza provides managed IT, cloud, and data center services across Qatar. The firm is currently ramping up capacity with a QAR 800 mn facility from Dukhan Bank to add 44 MW.

How Meeza fared in 1H: The firm’s net income fell 4.1% y-o-y to QAR 28.7 mn in 1H 2025, with margins easing to 15.2% from 16.7% a year earlier, despite a 5.1% rise in revenues to QAR 188.6 mn, according to its latest earnings release (pdf).

IN OTHER M&A UPDATES-

#2- Mubadala is weighing a complete exit from Turkish delivery company Getir, including its grocery delivery, financing (Getir Finans), and car-rental arm (Getir Arac), sources told Reuters. Mubadala first took a stake in Getir in 2021 and last year led a USD 250 mn funding round for the company, handing it controlling shares in most of its subsidiaries.

Potential buyers are lining up: Talks on selling Getir Arac are at an advanced stage with Turkish car-sharing rival Tiktak. Multiple buyers are reportedly circling the core delivery unit, including US-based DoorDash, though discussions remain ongoing.

ICYMI- In January, Getir’s independent directors backed a Mubadala-proposed restructuring plan that would make it the sole owner of the firm, which co-founder Nazim Salur had at the time denounced as an “illegal coup,” but an Amsterdam court dismissed the founders’ appeal.

3

Investment Watch

BlueFive to target aviation, transport infrastructure via USD 1 bn Asia fund

Abu Dhabi-based private equity firm BlueFive Capital is preparing to close a new USD 1 bn Asia fund in 4Q, Reuters reported on Thursday, citing statements made by CEO Hazem Ben-Gacem at a conference in Singapore. The proposed vehicle will channel capital into Indonesian aviation and mining, alongside transport-linked infrastructure in China (such as airports and ports), as the PE looks to capture shifting trade flows.

The pitch: Ben-Gacem pointed to evolving geopolitics and the rerouting of trade capital between Asia and the Middle East as the structural drivers his new PE fund wants to capitalize on. The Mumtalakat-backed firm is currently courting Middle Eastern family offices looking to break into Asian markets.

BlueFive already has a China play in motion: Just last month, BlueFive partnered with China’s CICC Capital to launch a USD 500 mn private equity fund — the first GCC-originated PE platform to be denominated in CNY — targeting China’s new economy sectors, including tech, green energy, and advanced manufacturing. The firm was also said to be in talks to acquire some USD 500 mn worth of Chinese real estate assets, including the Four Seasons Beijing.

ICYMI- BlueFive — which recently closed its USD 2 bn debut fund — is aiming to scale into a USD 25 bn platform within five years across the Gulf, Asia, and Latin America, targeting the USD 5 bn mark as early as November.

ALSO- The firm is pushing into Southeast Asia, with a new shariah-compliant asset management platform launched under its partnership with Jeddah-based Al Murjan Group. The tie-up will see BlueFive open a Riyadh office to co-manage Saudi investments with Al Murjan’s Sidra Capital unit. The move follows BlueFive's recent acquisition of DIFC-based Neo Capital which was rebranded as BlueFive Private Wealth.

About BlueFive Capital: Launched in November 2024 by former Investcorp co-CEO Hazem Ben-Gacem (LinkedIn), BlueFive Capital currently manages over USD 650 mn in assets, with offices in Abu Dhabi, Dubai, Riyadh, Jeddah, London, Bahrain, Singapore, and Beijing.

4

Ports

AD Ports breaks ground on Noatum Ports Luanda Terminal in Angola

AD Ports kicks off construction on Angolan port: AD Ports, Unicargas, and Multiparques have laid the foundation stone for the Noatum Ports Luanda Terminal at Luanda port, according to a press release published last week. The revamp — for which the company earmarked USD 250 over the first three years — is scheduled to be completed in 1Q 2027.

REFRESHER- AD Ports clinched a 20-year concession with Angola’s Luanda Port Authority to operate and upgrade the Luanda multipurpose port terminal last year. The port operator tapped US firm Mar Construction and Sidara’s engineering consultancy subsidiary Dar Al Handasah earlier this year.

On the terminal: The revamped terminal — spanning 192k sqm — will handle general cargo, containers, and RoRo operations, the press release said. Upon completion, the terminal’s container capacity will increase to 350k TEUs from 25k, with RoRo volumes surpassing 40k vehicles. It is expected to be the only terminal in the port able to handle Super Post-Panamax vessels of up to 14k TEUs.

The Luanda port currently handles over 76% of Angola’s container and general cargo volumes, and serves as one of Central-West Africa’s key transhipment hubs, enabling landlocked countries — including the DRC and Zambia — to access maritime trade.

AD Ports has been ramping up its Angola operations: The Abu Dhabi-based port operator inked a slew of MoUs with Angolan private and public sector players earlier this year, covering digitalization and streamlining of customs, boosting its trucking fleet, and ramping up ground handling capacity, among other agreements.

MORE FROM AD PORTS-

#1- AD Ports has awarded a contract to Azerbaijan’s Baku Shipyards for the construction of two shallow-draft container ships, according to a press release. The vessels — whose capacities stand at 780 TEU — are slated for delivery by 4Q 2027 and will be deployed in the Caspian Sea.

UAE + Azerbaijan updates: The UAE and Azerbaijan signed an economic partnership agreement earlier this year aimed at boosting investment flows and cooperation across renewables, tourism, logistics, and construction services. The two countries’ non-oil trade hit USD 2.4 bn in 2024, up 43% y-o-y, while the UAE’s investments in the country exceed USD 1 bn.

#2- AD Ports boosts operational connectivity with new satellite tech: AD Ports Group has rolled out its new fleet- and terminal-wide Low Earth Orbit (LEO) satellite services, according to a statement released on Thursday. The program will deliver real-time data to vessels and offer reliable connectivity for its ports and terminals. The firm has started a phased deployment scheme on several of its 270-ship fleet and plans to extend it across the group's global network of 34 terminals.

5

Spotlight

Riyadh Air remains confident that it will stay on its launch schedule this year

Riyadh Air is ready for lift-off in 2025: Saudi Arabia’s highly anticipated airline Riyadh Air is on track to kick off its operations this year, a representative of Riyadh Air told EnterpriseAM Saudi in an emailed statement. Despite global supply chain snags, “we remain confident that our launch will stay on schedule, with aircraft deliveries and operations progressing as planned,” the airline told EnterpriseAM.

What’s the holdup? Riyadh Air delayed its takeoff from earlier this year after facing delays in Boeing aircraft deliveries. Service is expected to begin once Boeing hands over the first two planes from the four Boeing 787 Dreamliners currently undergoing assembly.

The global aviation industry is feeling the impact of aircraft delivery delays. The airline is situated in the “same position as every airline in the world — looking for their planes to be delivered [...] it's just more critical for us, as these are the first planes we will be operating, and we do not have a backup fleet to utilize while we wait for the new ones to arrive” the company said.

BUT- Safety nets are ready: The airline told us it has built-in contingency measures to safeguard its timelines, should unforeseen delays appear. They are currently prepared to adjust phasing, prioritize key routes, and resort to alternative capacity to ensure continuity of operations.

ICYMI- The airline locked in an order for up to 50 Airbus aircraft during the 2025 Paris Airshow in June, boosting its order book to 182 aircraft. It also tapped Rolls-Royce for the engines related to the order.

Closer than you think? The carrier has already secured landing slots for its debut routes and will unveil its first destination and ticketing plans in the upcoming months. Meanwhile, media reports in July indicated Riyadh Air will launch flights on 26 October connecting Riyadh and London Heathrow Airport, after securing a daily slot.

REMEMBER- Riyadh Air eyes 100 skies by 2030. The airline voiced plans back in June to serve 100 cities by 2030, aiming to add a destination every two months once it’s operational.

Premium freight is on the cards: Riyadh Air told us they are designing a strategy that will accommodate a large bellyhold capacity across its anticipated fleet — set to boost the Kingdom’s overall cargo network. The airline is set to integrate AI-driven demand forecasting for its cargo operation and form partnerships with logistics players to streamline operations. The primary focus will be on high-value segments such as e-commerce, pharma, and perishable goods.

A “disruptive model”: Riyadh Air plans to stand out as a digital-native airline, deploying AI to smooth its operations by using biometrics and advanced data analytics to ease the customer journey. “We curate seamless, end-to-end travel experiences, ranging from immersive digital touchpoints to onboard experience crafted around Saudi hospitality,” the airline told us.

LOOKING AHEAD- The airline expects strong and sustained growth in Saudi Arabia’s airline market over the next five years. Passenger demand is expected to rise on the back of growing tourism and business travel into the Kingdom, while cargo volumes are also expected to surge as the Kingdom plugs major investments into logistics and trade infrastructure under Vision 2030.

6

Also on Our Radar

Updates on storage, shipping, and aviation from the UAE, and Syria

STORAGE + WAREHOUSES-

#1- QFZ debuts new cargo facility: Qatar Freezones Authority (QFZ) and global logistics solution provider Bin Yousef Cargo have inaugurated a new storage facility at Ras Bufontas Freezone, according to a statement. The facility — located near Hamad International Airport and Hamad Port — is set to help Bin Yousef Cargo provide value-added services, customized packaging, stock management, and order processing for several businesses across different sectors within Qatar. The warehouse’s size and investment ticket were not disclosed.

#2- Amazon lands in Kezad: Amazon — in collaboration with the Abu Dhabi Investment Office — has launched its first fulfillment center in Khalifa Economic Zones Abu Dhabi (Kezad), according to a statement released on Thursday. The facility is slated to boost fulfillment capabilities, ease delivery times, and increase customers’ product selection on offer.

What’s in store? The center boasts an 8 mn unit storage capacity, with half dedicated to sellers using the firm’s tailored Fulfillment by Amazon services. The center also integrates advanced automation to streamline deliveries — capping lead times by 59% to date and enabling same-day delivery across a wide range of products.

SHIPPING + MARITIME-

#2- Al Seer JV adds new vessel to its fleet: IHC’s maritime solutions subsidiary Al Seer Marine and Geneva-based energy trader BGN have received a third very large gas carrier (VLGC) under their joint venture ABGC, according to a press release (pdf) published on Thursday. The VLGC — delivered by South Korea’s Hyundai Samho Heavy Industries — can carry up to 88.4k cbm and is kitted out with ammonia-carrying capacity.

Immediate deployment: The vessel, under the management of Fleet Management Singapore, has already set sail to the US Gulf to load its first propane and butane shipment.

Part of a bigger picture: The vessel comes as part of a three-vessel package order — financed through a facility led by Abu Dhabi Islamic Bank. The firm is set to receive two other carriers — ordered back in 2023 — during this quarter: a VLGC from Hyundai Samho Heavy Industries, slated for delivery in November, and an LPG/NH3 carrier from Japan’s Kawasaki Heavy Industries expected next month.

AVIATION-

#1- Syria receives new air navigation equipment: Syria’s Civil Aviation Authority (SCAA) has received new Turkish navigation equipment to be installed at Damascus International Airport in a bid to improve the country’s aviation safety, SCAA head Omar Hassari told Syrian state news agency Sana on Friday. The equipment includes an instrument landing system — for harsh weather conditions — along with Doppler very high frequency omni range and distance measuring equipment systems, which help jets measure direction and distance accurately.

ON A RELATED NOTE- Damascus will start receiving Etihad Airways flights from June 2026, adding Syria to its Middle East network for the first time in over a decade, according to a press release published last week. The airline will run four weekly flights serviced by Airbus A320 aircraft.

Why now? There is growing demand for the route, the press release read, and the move comes after the General Civil Aviation Authority greenlit the resumption of flights between the countries in April. Earlier in the year, a Syrian Airlines flight to Sharjah was the first international flight from Damascus since the ousting of former President Bashar Al Assad.

#2- Joramco partners up with Air India: Dubai Aerospace Enterprise’s Jordan-based maintenance, repair, and overhaul unit — Joramco — has inked a maintenance agreement with Air India, according to a statement released last week. Joramco will provide heavy maintenance services on Air India’s Boeing 777s and 787s for an undetermined time period.

This is Joramco’s second MRO contract with an Indian airline this year, after the company inked an agreement in March with India’s largest carrier IndiGo. The agreement covers MRO and end-of-lease services for the airline’s aircraft.

7

Around the World

China bans Nvidia chips as trade tensions, tech competition escalate

China bans Nvidia chip imports: China’s top internet regulator has ordered Chinese tech companies to halt imports of Nvidia microchips, the Financial Times reported last week. The ban targets AI microchips designed for Chinese markets, including tens of thousands of the RTX Pro 6000D semiconductors.

The context: The move comes amid efforts to boost the country’s domestic AI chips industry as tech competition intensifies with the US. It also comes almost one month after the Chinese government sent out missives discouraging the use of outdated semiconductors — especially Nvidia’s H20 processors — over concerns that the chips may have remote tracking and shutdown capabilities.

Nvidia is currently China’s newfound focus in US trade talks, after the country dropped its probe into Google ahead of a call between US President Donald Trump and China’s Xi Jinping last week, Reuters reported. The country had earlier decided to investigate Google for anti-monopoly practices, after being slapped with massive tariffs that were later lowered by the US. Nvidia is now the subject of a similar probe, after China’s cyberspace regulator found it violated anti-monopoly laws with its USD 7 bn acquisition of Israel’s Mellanox Technologies in 2020.

IN OTHER NVIDIA NEWS- US chipmaker Nvidia has invested USD 5 bn to acquire a 4% stake in rival, struggling chipmaker Intel, weeks after the US government bought into the company, Bloomberg reported. Together, the two firms will develop PC and data center chips, while Intel’s contract manufacturing business will supply processors and packaging for joint products.

A massive lifeline for Intel: The firm — which has been struggling to match the industry’s pace in AI — is getting direct access to future AI infrastructure through the acquisition, analysts say. Intel’s shares surged nearly 23% on the news.


SEPTEMBER

23 September (Tuesday): TradeWinds Shipowners Forum Greece, Athens, Greece.

24 September (Wednesday): Syria Recovery and Investment Forum, Abu Dhabi, UAE.

24-26 September (Wednesday-Friday): Routes World, Hong Kong.

25 September (Thursday): World Maritime Day.

28 September-1 October (Sunday-Wednesday): Global Freight Summit, Istanbul, Turkey.

29 September-1 October (Monday-Wednesday): African, Middle East, and Islamic Finance Aviation 100 Awards, Dubai, UAE.

30 September-2 October (Monday-Thursday): Global Rail Transport Infrastructure Exhibition and Conference, Abu Dhabi, UAE.

OCTOBER

1-2 October (Wednesday-Thursday): Saudi Maritime and Logistics Congress, Dammam, Saudi Arabia.

6-8 October (Monday-Wednesday): Maritime Cyprus Conference, Limassol, Cyprus.

7-8 October (Tuesday-Wednesday): Global EV and Mobility Technology (Gemtech) Forum, Riyadh.

7-9 October (Wednesday-Thursday): World Aviation Festival, Lisbon, Portugal.

13-17 October (Monday-Friday): The Marine Environment Protection Committee’s second extraordinary session, London, UK.

14-15 October (Tuesday-Wednesday): Investing in Africa Conference and Expo, London, UK.

14-16 October (Tuesday-Thursday): AntwerpXL, Antwerp, Belgium.

15 October (Wednesday): Global Trade Review, Cairo, Egypt

16-18 October (Thursday-Saturday): International Forum and Expo on Mobility, Transport and Logistics (Logiterre), Casablanca, Morocco.

28-30 October (Tuesday-Thursday): Borneo International Maritime Week, Sarawak, Malaysia.

NOVEMBER

3-6 November (Monday-Thursday): Adipec Maritime and Logistics Exhibition and Conference, Abu Dhabi, UAE.

4-6 November (Tuesday-Thursday): Air Cargo Forum, Abu Dhabi, UAE.

9-11 November (Sunday-Tuesday): TransMea Expo, Cairo, Egypt.

11-13 November (Tuesday-Thursday): Freightcamp, Bangkok, Thailand.

17-21 November (Monday-Friday): Dubai Airshow, Dubai, UAE.

18 November (Tuesday): ShipTek International Conference and Awards, Al Khobar, Saudi Arabia.

24-26 November (Monday-Wednesday): World Advanced Manufacturing Logistics Summit and Expo, Riyadh, Saudi Arabia.

DECEMBER

9-10 December (Tuesday-Wednesday): Rail Industry Summit, El Jadida, Morocco.

16-17 December (Tuesday-Wednesday): Saudi Airport Exhibition, Riyadh, Saudi Arabia.

JANUARY 2026

19-23 January (Monday-Friday): World Economic Forum Annual Meeting, Davos, Switzerland.

27-28 January (Tuesday-Wednesday): SkyMove Air Cargo MENA, Riyadh, Saudi Arabia.

27-28 January (Tuesday-Wednesday): Middle East ProcureTech Summit, Dubai, UAE.

FEBRUARY 2026

4-5 February (Wednesday-Thursday): Breakbulk Middle East, Dubai, UAE.

4-5 February (Wednesday-Thursday): MRO Middle East, Dubai, UAE.

25-27 February (Wednesday-Friday): Air Cargo Africa, Nairobi, Kenya.

MARCH 2026

10-12 March (Tuesday-Thursday): World Cargo Symposium, Lima, Peru.

Now Playing
Now Playing
00:00
00:00