Logistics (MENA) 
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Egypt will debut its first ship breaking yard at Damietta Port
The project will generate 1.5 mn tons of scrap annually
AD Ports inks agreement to explore Chittagong port development and operation
Some 90% of Bangladesh’s international trade is conducted through Chittagong ports
AD Ports’s net income jumps 10% y-o-y in 1Q 2024
Recent acquisitions contributed to the boost in AD Port Group’s earnings
DP World + Einride launch the region’s largest electric freight fleet
Einride will electrify inter-terminal container flows at Jebel Ali Port
Iran inks 10-year agreement with India for Chabahar port operation and development
Indian Ports Global Limited will invest USD 370 mn in developing the port
DP World completes Mina Al Hamriya expansion project
Upgrades include a longer quay wall, deeper berth, and boosted storage area
KSA’s Dammam Port to gain a regional logistics hub
The center looks to cover 55% of Dammam’s total logistics operations
DP World set to manage Sapangar Bay Container Port
The partnership looks to position SBCP as the region’s top trading hub
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