Saudi airliner Flynas announces long-anticipated IPO, 30% of shares will be up for grabs

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What we're tracking today

TODAY: Flynas IPO is here + Oman inks LNG agreement with Amigo LNG

Good morning, nice people. The newscycle is holding steady, leaving us with an issue full of IPO, aviation, and trade updates from across the region. We also have the latest on possible Saudi investments in South Africa. Shall we?

HAPPENING TODAY-

#1- The Airport Show, taking place alongside the Global Airport Leaders Forum, will start today and run until Thursday, 8 May at Dubai World Trade Center (DWTC). The events will bring together airport and aviation industry professionals to discuss the latest trends in airport infrastructure, emerging technologies, and solutions to industry challenges.

#2- Seatrade Maritime Logistics Middle East is also starting today and will run until Thursday, 8 May at DWTC. The event will bring together professionals in shipping, logistics, and supply chain management to discuss and debate industry challenges and the latest innovations.

WATCH THIS SPACE-

#1- Saudi’s Red Sea Gateway Terminal International (RSGTI) is eying a potential bid to develop and operate a fresh produce terminal at South Africa’s Durban port, according to Bloomberg. The terminal tender — launched by South Africa’s state-owned logistics company Transnet on Monday — covers a 25-year concession and the development of 15 berths with a handling capacity of over 7 mn tonnes of cargo annually.

The development will capitalize on South Africa’s booming agricultural exports, which hit an all-time high of USD 13.2 bn in 2023. The country is also the world’s second-biggest exporter of citrus, with the Middle East and South Korea being some of its major markets.

There’s more for RSGTI in Africa’s biggest economy: The Saudi port operator was reported late last month to be eying several investments in South Africa, including a possible USD 600 mn bid at Durban port and another for Cape Town port. The focus comes as the company advances a continental push, with a special focus on multipurpose terminals shipping mining and food products, the firm’s director of Global Investments Gagan Seksaria told Bloomberg.

Meanwhile, South Africa is hoping that attracting private industry players could help revamp its ailing ports, which have been dragged down by allegations of corruption and poor performance. Transnet ports rank among the least efficient in the world, undermining the country’s coal and iron-ore exports, Bloomberg reports, citing World Bank and S&P Global Market Intelligence data.

#2- US-based Vernbro Global Investment is planning to double its investments in Egypt’s logistics zones projects to EGP 100 bn over the next five years, Chairman Ashraf Dous told Hapi Journal. The company currently has around EGP 50 bn invested in the Egyptian market, including in two under-development logistics zone projects in Gharbia and Kafr El Sheikh.

Vernbro is also eyeing an expansion into Upper Egypt, with plans to build a logistics zone in New Assiut City that would be twice the size of its Tanta project. The new hub would carry an initial investment cost of around EGP 50 bn, with work expected to begin within a year after Kafr El Sheikh wraps up.

#3- Qatari royal backs Maldivian freezone plans: The Maldivian gov’t — backed by Qatar’i royal Sheikh Nayef Bin Eid Al Thani’s private investment arm MBS Global Investments — is planning to build a USD 8.8 bn financial hub designed to serve as a freezone for blockchain and digital assets, Bloomberg reports. The center — dubbed The Maldives International Financial Center — is slated to be built in Malé over the next five years.

The case for it: The move comes as cash-strapped Maldives work on addressing its looming debt repayments within the next two years, as well as diversify it from tourism and fisheries, Maldivian Finance Minister Moosa Zameer told the Financial Times. MBS has already secured USD 4-5 bn for the project from the company’s equity and debts with more banknotes coming from a consortium of their investors.

About MBS Global Investments: The Dubai-based Qatari firm leverages its network of business in business-to-government (B2G) and B2B across several sectors and countries to provide their partners access to global investment windows through partnerships with banks, financial institutions, and governmental bodies, according to the company’s website.

MARKET WATCH-

#1- Oil prices surged this morning amid a temporary hike in demand by purchasers who wanted to capitalize on yesterday’s big price dip, Reuters reports. Brent crude futures went up by USD 0.92 to USD 61.15 a barrel, while the US West Texas Intermediate (WTI) increased by USD 0.89 to reach USD 58.02 a barrel by 03.09 GMT.

Wall Street analysts slashed their oil price forecasts in response to Opec+’s decision to accelerate production in June, with the group raising increments for the second month in a row to add 411k barrels per day (bbl / d) for June.

First up, Goldman Sachs lowered Brent crude forecasts by USD 2 to USD 3 a barrel to average USD 60 a barrel for this year and USD 56 a barrel in 2026, while pegging West Texas Intermediate at USD 56 a barrel in 2025 and USD 52 a barrel next year, Reuters reports. “Our key conviction remains that high spare capacity and high recession risk skew the risks to oil prices to the downside, despite relatively tight spot fundamentals,” Goldman Sachs analysts said in a note seen by Bloomberg.

More financial institutions agree: Morgan Stanley pegged Brent prices to average USD 62.50 a barrel in 3Q and 4Q, with the surplus expected to rise by 400k bbl / d and hit 1.1 mn barrels in 2H of this year. Barclays also dropped its Brent oil rate forecast by USD 4 a barrel to USD 66 for 2025 and by USD 2 to USD 60 for 2026, Reuters reports.

Background: Under Opec’s revamped policy, three months’ worth of supply increments will be delivered all at once next month. The oil group once again cited healthy market fundamentals as the driver behind the decision.

All eyes on Saudi: “The key to knowing how far the Saudis will take what is starting to look like a price war is the nation’s tolerance for low oil prices over time,” head of Morgan Stanley’s commodities strategy department Warren Patterson. The price drop threatens to pressure Opec+ economies, including Saudi Arabia, which needs prices above USD 90 to balance its budget.

DATA POINT-

#1- Dubai is planning to expand its data center capacity fivefold by 2028, Dubai Data and Statistics CEO Younus Al Nasser told Albayan. Data centers in the Emirates are expected to contribute AED 14.3 bn by 2028 to its economy. Sixteen of the country’s total 30 data centers are in Dubai, whilst the UAE data centers account for 42% of the GCC total.

#2- Dubai is set to complete 57 major road projects by 2027, boosting its transportation infrastructure with 115 bridges and tunnels, and 226 km of road, according to the Dubai Media Office. The projects are part of a wider plan to develop 11 primary road corridors to meet the needs of its growing population, which is predicted to hit 8 mn by 2040.

The upgrades are set to reduce congestion and travel times by as much as 35 minutes on key routes, including the Umm Suqeim-Al Qadra corridor, Hessa Street, and Sheikh Zayed Road. The Al Fay Road Corridor’s capacity is set to increase to accommodate an extra 64.4k vehicles per hour.

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CIRCLE YOUR CALENDAR-

Saudi Arabia will host the Saudi Smart Logistics trade fair on Monday, 12 May to Thursday, 15 May in Riyadh. The event will provide insights into the latest international and local technology, solutions, equipment providers, and sustainable workflow practices within the logistics industry in the country.

The UAE will host the Global Ports Forum on Tuesday, 13 May to Wednesday, 14 May in Dubai. The forum will cover topics such as port strategy and development, port automation, finance, and efficiency.

The UAE will host the Seamless Middle East from Tuesday, 20 May to Thursday, 22 May in Dubai. The event will cover topics including digital marketing, e-commerce, and retail and merchant payments.

Saudi Arabia will host the Saudi Warehousing & Logistics Expo from Tuesday, 27 May to Thursday, 29 May in Riyadh. The expo will host over 18k supply chain industry professionals and more than 400 exhibitors. It will also explore over 3.5k solutions.

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

Saudi budget airline Flynas pushes ahead with IPO

Flynas announces Tadawul IPO: Budget carrier Flynas Company is taking a 30% stake to Tadawul’s main market, according to a prospectus (pdf). The long-anticipated IPO issuance will see the sale of newly issued shares and existing ones.

The plans: Some 51.26 mn ordinary shares will be up for grabs in the offering open to institutional investors, with a 20% clawback good for some 10.5 mn shares for retail investors provided there is sufficient demand.

Books open soon: The airline is set to announce the price range by 12 May, in tandem with opening the orderbook for institutional investors which will run through 18 May. Retail investors subscriptions would be open from 18 May to 1 June, with final allocation planned for 3 June. No date was given for when the shares would be finally listed on Tadawul for trading.

Where will the money go? Proceeds from 17.43 mn newly issued shares will go to the company for expanding its fleet and network, as well as other general corporate purposes. Meanwhile, proceeds from selling 33.83 mn existing shares will go to selling shareholders and partially fund the employee incentive program. Offering expenses — estimated at SAR 100 mn — will be deducted from the proceeds.

Post-IPO structure: Flynas’ three substantial shareholders — National Flight Services Company, Kingdom Holding Company, and Nasser Ibrahim Rashid Al Rashid — will retain majority ownership, holding a combined 62.84% stake post-offering, down from 84.91%. Shares of substantial shareholders will be subject to a six-month lock-up period from the first day of trading.

ICYMI- The company received approval from the Kingdom’s Capital Market Authority (CMA) in March to proceed with the IPO. The airline had initially planned to make its market debut last year, having tapped Goldman Sachs, Morgan Stanley, and Saudi Fransi Capital for the offering in late 2023.

A big moment for regional aviation: Flynas is set to be the first airline in the region to go public in almost two decades, and the third regional airline to ever go public after UAE’s Air Arabia and Kuwait’s Jazeera Airways IPOs in the 2000s.

About Flynas: Established in 2010 and converted to a joint-stock company in 2017, the Riyadh-based company is the Kingdom's first budget carrier and the largest independent airline in the Kingdom by revenue and passengers. The company operates over 1.5k weekly flights, servicing 139 routes connecting 30 countries. It also boasts a fleet of 61 jets — mainly Airbus A320neo — and has significant fleet expansion plans, including firm orders for 195 narrow-body and 15 wide-body Airbus aircraft, according to the prospectus. Flynas reported a net income of SAR 492.6 mn for the first nine months of 2024, while revenue reached SAR 5.9 bn.

ADVISORS- Goldman Sachs Saudi Arabia, BSF Capital, and Morgan Stanley Saudi Arabia are joint financial advisors and underwriters. BSF Capital is also serving as lead manager. Bookrunners include Emirates NBD Capital KSA, Goldman Sachs Saudi Arabia, Al Rajhi Capital, BSF Capital, Citigroup Saudi Arabia, ANBCapitall, and Morgan Stanley Saudi Arabia. Receiving agents include BSF Capital, Al Rajhi Capital, SNB Capital, and Riyad Capital, among others.

Oman inks 15-year LNG purchase agreement with Amigo LNG

Oman finalizes long-term LNG agreement with Amigo LNG: Omani energy group OQ Trading inked a 15-year sales and purchase (SPA) agreement with Mexico-based Amigo LNG, according to a statement published last week. The agreement will see OQ Trading purchase 600k tonnes of LNG per annum from Amigo LNG’s export terminal in the Mexican city of Guaymas, with deliveries expected to start in 2Q 2028. The price tag for the agreement has not been disclosed.

The benefits: Tapping into LNG from that part of the world would enable OQ Trading to achieve its goals of reducing shipping times, increasing flexibility in supply chains, and expanding its supply sources beyond the Middle East and Asia. OQ Trading will also benefit from a cost-effective, geopolitically neutral supply route, as the West Coast of Mexico has a direct maritime path to Asia.

We knew this was coming: OQ’s trading arm inked a binding preliminary agreement in September 2024 with Amigo LNG to offtake LNG from its new liquefaction plant under construction in Sonora. The new plant and export terminal are slated to process some 7.8 mn tonnes of LNG per annum.

Oman is big on LNG: Oman LNG inked a 10-year SPA agreement in February with Swiss commodity trading firm Mercuria to supply it with 800k metric tonnes of LNG annually, as well as a similar SPA with Japanese power-generating outfit Jera in April 2024. Oman LNG also inked a five-year agreement with Thailand’s largest energy firm PTT PCL for 300k metric tonnes of LNG per year starting in 2026 and a 10-year SPA with Turkey’s state-owned Petroleum Pipeline Corporation for an annual supply of 1 mn metric tonnes.

Qatar Airways Cargo orders five converted Boeing 777s aircraft

Qatar Airways Cargo onboards converted 777s: Qatar Airways Cargo entered an agreement with US-based leasing firm Jetran, LLC for five Mammoth Freighters 777-200LRMF aircraft, making it the first airline to order the new planes, according to a press release published last week. The move is expected to shore up the airline’s fleet capacity and boost its premium cargo services.

Mammoth Freighters? Texas-based Mammoth Freighters is a relatively new entrant in the passenger-to-freight (P2F) aircraft development space having launched operations in 2020. As a Boeing licensee, it retrofits the manufacturer’s flagship passenger 777 model — including the 200 Long Range and 300 Extended Range variants — to be cargo-ready. The firm is currently converting seven 777-200/-300 aircraft in Texas and Manchester, the UK, and has at least 35 additional aircraft in its orderbook.

Custom cargo system: Mammoth Freighter’s 777-200LRMF — the company’s flagship model — was successfully tested this month, the company said in a press release (pdf) published last week. The repurposed aircraft is equipped with a cargo loading system designed in collaboration with aerospace leader Collins Aerospace over three years and specially optimized for converted passenger planes now used for freight operations.

A boon for Qatar Airways Cargo: Qatar Airways Cargo — which ordered five 777-200LRMF aircraft — will be raising the number of 777s in its fleet to 33, up from the currently operational 28, according to its website. A single 777-200LRMF can carry a maximum payload of up to roughly 106 tons, according to Mammoth Freighter’s website. This is equivalent to the cargo tonnage carried by one of Qatar Airways Cargo’s Boeing 777 freighters.

How Gulf countries’ non-oil private sectors fared in April

How the UAE + KSA + Kuwait + Qatar’s non-oil private sectors fared in April: Purchasing manager indices (PMI) tracking non-energy sectors saw varying results in four of the Gulf’s countries in April, with Kuwait and Saudi Arabia seeing expanded business activity, and the UAE’s growth levels remaining unchanged from the previous month. Meanwhile, Qatar’s non-oil activity fell from the previous month while remaining in expansion territory.

REMEMBER- The all-important 50.0 mark is the threshold separating contraction from growth. Anything above 50 denotes expansion, while anything below indicates contraction.

UAE-

The UAE’s non-oil activity saw growth levels remaining largely unchanged from the previous month, with robust business activity indicating “a solid strengthening of operating conditions,” according to S&P Global UAE PMI (pdf). The headline figure came in at 54.0 during the month, remaining unchanged from March.

New orders and employment were up: The new orders subindex rose slightly to 56.9 in April — up from 56.3 in March — which was partially driven by increased domestic clients and what is dubbed as “the strongest upturn in international” in five months, Reuters writes. Meanwhile, hiring went up to its highest level in nearly a year, with the subindex for employment registering a reading of 51.4 as firms “increased hiring to manage work backlogs and support future business activity,” National Bank of Kuwait’s (NBK) senior economist Issa Hijazeen told EnterpriseAM UAE. However, “employment growth was still modest overall, adding to suggestions that some firms may be struggling to recruit,” S&P Global senior economist David Owen said.

Business activity rising but at a slower pace: UAE’s business activity also continued to rise, but it did so at its slowest pace in seven months, with firms indicating that they faced difficulties with completing existing work amid payment delays. Meanwhile, input purchases saw a considerable increase during the month, with companies reporting growing demand for materials and components. However, the growth in input purchases slowed from March’s 68-month high. Furthermore, stock levels also mostly remained unchanged, as growth in the stocks of some firms was offset by reductions elsewhere.

Firms’ sentiment remains positive: “Looking ahead, surveyed firms remained confident that sales pipelines and resilient market conditions would support activity going forward. The degree of confidence ticked up for the third month running and was the best recorded in 2025 so far,” the report reads. “Firms are also hopeful that elevated demand levels and strong pipelines, as characterized by steeply rising backlogs, should propel activity higher in the coming months," Owen said.

SAUDI ARABIA-

Non-oil business activity in the Kingdom grew at its slowest rate in eight months in April, in a slowdown that was primarily driven by a drop in new order growth, according to the Riyad Bank Saudi Arabia PMI (pdf). The seasonally adjusted headline figure came in at 55.6 in April, dipping from a reading of 58.1 in March.

The new orders subindex fell to 58.6 in April, down from 63.2 in March, marking the third consecutive month in decline for the Kingdom, according to Reuters. The rate of growth in new orders slowed to an an eight-month low, driven by a combination of global economic uncertainty having impacted client spending, as well as rising competitive pressures.

Employment up: Hiring growth accelerated to its fastest pace since October 2014. “This surge in employment is a response to rising sales and increased business activity, prompting firms to expand staffing capacities. Consequently, there has been a record hike in staff cost inflation, reflecting the increased demand for labour,” Riyad Bank Chief Economist Naif Al Ghaith said.

Firms’ expectations for output increased from the previous month: “Expectations for output in one year's time increased slightly from March, although the degree of business optimism remained weaker than the long-run survey average,” the report reads.

KUWAIT-

Non-oil activity in Kuwait continued to expand in April, with the country recording its eighth consecutive month above the 50.0 mark for healthy growth, according to S&P Global’s PMI (pdf). Kuwait’s headline reading went up 1.9 points m-o-m to record 54.2 in April — a five-month high for the nation’s headline figure.

New orders continued to accelerate during the month, driven by improved marketing activity and competitive pricing. New export orders also saw a marked expansion during the month, after having increased at their fastest pace in a year last month. Meanwhile, firms’ purchasing activity was up for the first time in three months, driven by “efforts to meet customer requirements in a timely manner and replenish stocks.” This, in turn, led to an increase in input stocks.

Input costs also saw a sharp increase in April, with the pace of inflation rising at its fastest rate in a year. However, this was offset by efforts to price competitively, leading to only a slight decrease in output costs.

The outlook remains positive: “Companies remained optimistic that output will increase over the coming year, with positive sentiment reflecting continued competitive pricing policies, new product development and marketing activities. Optimism dipped slightly from March but remained comfortably above the series average,” the report reads.

QATAR-

Qatari non-oil private sector’s growth fell to its lowest level in three months, driven by “a fall in new orders, faster suppliers' delivery times and a slower rate of job creation,” according to Qatar Financial Center PMI (pdf). The nation’s headline figure fell to 50.7 in April, down from 52.0 in March, sending Doha just slightly above the 50.0 threshold indicating growth.

Overall business activity grew in April, which reflected in growth in manufacturing, services, and wholesale & retail. Companies also increased their purchasing activity during the month, which was helped by suppliers’ delivery times seeing their quickest improvement in eight months.

The rate of employment remained strong during the month, extending the current run of job creation to nine consecutive months. However, overall job creation was the slowest since last August. Average wages also increased at their slowest rate in five months but still recorded one of its strongest performances since 2017.

Qatari businesses were less optimistic than usual: “Qatari firms remained confident regarding the 12-month outlook, with optimism linked to growth in real estate and construction, a rising expatriate population, investment, tourism, and government development initiatives. Sentiment was weaker than in March, however, and below the long-run survey trend. This partly reflected a reduction in new business during the month, the third contraction in 2025 so far albeit at a modest rate,” the report reads.

Updates on freight forwarding, Aviation, and investments from Oman, UAE, and Kuwait

FREIGHT FORWARDING-

#1- Oman’s Asyad Group has completed its first direct airfreight shipment which moved drift cars from Oman to Russia, according to a press release. The operation — executed on behalf of the Oman Automobile Association — involved the Omani logistics firm transporting drift cars for a Russian racing team from Muscat to Moscow.

#2- Sheraa partners up with DHL Express: UAE-based Sharjah Entrepreneurship Center (Sheraa) has inked an MoU with DHL Express to provide startups and SMEs with enhanced access to DHL’s logistics services, according to a press release. The agreement will allow SMEs to benefit from a customized program with exclusive shipping incentives and a dedicated DHL representative for personalized sales and after-sales support.

AVIATION-

Kuwait Airways gets its affairs in order: State-owned Kuwait Airways has appointed Abdulwahab Al Shatti (LinkedIn) as its new CEO, replacing Ahmed Al Kreebani after two years on the job, Reuters reports, citing people familiar with the matter. Al Kreebani’s termination comes after Kuwait’s Civil Aviation Authority deemed Al Kreebani’s leadership insufficient, indicating “repeated failure to comply with aviation safety rules and regulations… and failure to meet the deadline to correct deficiencies and errors,” according to a letter seen by the newswire.

Covid blues: Kuwait Airways does not expect to generate solid net income for at least another two years due to losses accumulated during the pandemic. The carrier, however, hopes to have a turnaround with plans to cap spending and grow revenues from new services. Kuwait Airways has been mulling over plans to expand its flight network and boost its connectivity since December 2024, and about seven jets are slated to be added to its fleet by the end of the year — including three to four expected to be received by the summer.

INVESTMENT WATCH-

UAE-based logistics platform Canater has secured USD 1 mn from regional investment firm Foras in exchange for a 10% equity stake, according to a press release. The funding will be used to scale its digital infrastructure, expand across different sectors, and strengthen collaboration with regulators to streamline export processes.

Canater? Founded in 2024 by Khamis Soliman (LinkedIn), Canater provides AI-powered supply chain and cross-border trade tools for manufacturers in the MENA region. Its platform offers digital contracts, financing, warehousing, logistics, and real-time shipment tracking, with an initial focus on consumer-packaged goods which have a global market value of USD 11 tn.

Airbus delivers 136 commercial aircraft in 1Q 2025 + Trump tariffs target foreign films

Airbus posts 1Q performance: European jet maker Airbus delivered a total of 136 commercial units in 1Q 2025 — a 4% decrease, based on our calculations, from the company’s 142 units delivered in 1Q 2024. The deliveries included 106 units of the A320 family, 14 A220s, nine A350s, and four A330s.

Airbus beats Boeing once again: Boeing delivered a total of 130 commercial units in 1Q 2025, marking a 56.7% y-o-y increase, by our calculation, from the 83 jets the company delivered in 2024’s 1Q. Despite the surge in Boeing’s deliveries, Airbus still edged out the US-based manufacturers with about six more deliveries.

On the financial front: The company’s net income saw a 33% y-o-y increase to EUR 793 mn in 1Q 2025, according to its earnings release (pdf). Revenues in 1Q also climbed to EUR 13.5, a 6% y-o-y increase. Revenues generated by Airbus' commercial aircraft activities increased 4% y-o-y to EUR 9.5 bn during the same period, largely driven by a stable environment for foreign exchange that balanced out the low delivery rate.

Trump wants to make American movies great again: US President Donald Trump is set to impose a 100% tariff on foreign-produced films sent to the US in what he described as a matter of “national security,” Reuters reports, citing a post by Trump on Truth Social. Trump said that incentives other countries are offering filmmakers are part of “a concerted effort,” making them a “national security threat” and “propaganda.”

Details are scarce: It remains unclear whether the levies would apply to films on streaming services or in theaters, or whether they would be calculated based on production costs or revenues. No timeline or details about the tariff have been disclosed.

Calendar

MAY

6-8 May (Tuesday-Thursday): Airport Show, Dubai, UAE.

6-7 May (Tuesday-Wednesday): Capital Market Summit, Dubai, UAE.

13-14 May (Tuesday-Wednesday): Egypt Facility Management Forum, Cairo, Egypt.

12-15 May (Monday-Thursday): Saudi Smart Logistics, Riyadh, Saudi Arabia.

15-18 May (Thursday-Sunday): Global Logistics Conference, Dubai, UAE.

13-14 May (Tuesday-Wednesday): Global Ports Forum, Dubai, UAE.

20-22 May (Tuesday-Thursday): Seamless Middle East, Dubai, UAE.

27-29 May (Tuesday-Thursday): Saudi Warehousing & Logistics Expo, Riyadh, Saudi Arabia.

28-30 (Wednesday-Friday): International Conference on Logistics and Supply Chain Management, Casablanca, Morocco.

JUNE

1-3 June (Sunday-Tuesday): Annual General Meeting & World Air Transport Summit 2025, Delhi, India.

2-4 June (Monday-Wednesday): Propak MENA, Cairo, Egypt.

5-6 June (Thursday-Friday): Supply Chain & Logistics Innovation Summit, Amsterdam, Netherlands.

11-13 June (Wednesday-Friday): Sustainability World Summit, Frankfurt, Germany.

17-19 June (Tuesday-Thursday): Terminal Operations Conference & Exhibition, Rotterdam, Netherlands.

19 June (Thursday): East Med Maritime Conference, Athens, Greece.

25-26 June (Wednesday-Friday): Decarbonizing Shipping Forum, Hamburg, Germany.

JULY

1-3 July (Tuesday-Thursday): ASEAN Ports and Logistics, Jakarta, Indonesia.

SEPTEMBER

4-10 September (Thursday-Wednesday): Intra-African Trade Fair, Algiers, Algeria.

7-10 September (Sunday-Wednesday): Comex Global Technology Show, Muscat, Oman.

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

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

OCTOBER

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

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

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.

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

EVENTS WITH NO SET DATE

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.

AD Ports-operated Safaga Port’s multi-purpose terminal will become operational.

Phase 3 of APM Terminals Tangier MedPort to be complete and operational.

1Q 2025: Sadr Park’s Logistics Center in Riyadh to be completed.

1Q 2025: Phase two of Jafza Logistics Park to be completed.

2026

2026 UNCTAD Global Supply Chains Forum, Saudi Arabia.

2027

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

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