{"id":70084,"date":"2023-04-10T02:15:00","date_gmt":"2023-04-10T02:15:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=70084"},"modified":"2025-12-15T12:24:10","modified_gmt":"2025-12-15T12:24:10","slug":"trade-slowdown-in-2023-ksa-to-privatize-logistics-and-transport-projects","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/trade-slowdown-in-2023-ksa-to-privatize-logistics-and-transport-projects\/","title":{"rendered":"Trade slowdown in 2023 + KSA to privatize logistics and transport projects"},"content":{"rendered":"<section id=\"70086\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"70086\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">1<\/div>\r\n\r\n                    <p class=\"f-graphik\">What we're tracking today<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/04\/10\/today-ksa-plans-to-privatize-14-logistics-transport-projects-uae-vietnam-to-sign-trade-economic-agreement\/\">\r\n                            TODAY: KSA plans to privatize 14 logistics, transport projects + UAE, Vietnam to sign trade + economic agreement                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/04\/10\/today-ksa-plans-to-privatize-14-logistics-transport-projects-uae-vietnam-to-sign-trade-economic-agreement\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Let\u2019s dive in. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">THE BIG LOGISTICS STORY- Saudi Arabia has offered up some 14 projects in the<\/span><span style=\"font-weight:700\"> logistics and transport sectors to private investors<\/span><span>, including highways, roads, and development of ports.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">HAPPENING TODAY-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"><a id=\"wwtt1\"><\/a>  <\/span><span style=\"font-weight:700\">WATCH THIS SPACE #1-<\/span><span style=\"font-weight:700\">Saudi Arabia and Iran have agreed to resume flights following a seven-year hiatus<\/span><span style=\"\">, the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wsj.com\/articles\/saudi-iranian-foreign-ministers-meet-in-beijing-to-discuss-ties-69fb9aef\" style=\"\">Wall Street Journal<\/a><\/span><span style=\"\"> reports. The<\/span><span> development came out of a historic meeting between both countries\u2019 foreign ministers in Beijing last week\u2014 the latest sign of warming relations between the longtime regional rivals following the re-establishment of diplomatic relations <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c0787d3e-e659-4431-8e63-4694a804303d\" style=\"\">as a result of a Beijing-brokered detente<\/a><\/span><span style=\"font-weight:400;\"> which took place a few weeks ago. \u201cThe flight between Riyadh and Tehran only takes two hours,\u201d Saudi Foreign Minister Prince Faisal told his Iranian counterpart Amir-Abdollahian in front of reporters at the conclusion of their meeting, the WSJ reported.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"><a id=\"wwtt2\"><\/a>  <\/span><span style=\"font-weight:700\">WATCH THIS SPACE #2- Construction of the<\/span><span style=\"font-weight:700\"> 32 km Shalamcheh-Basra Railway is set <\/span><span style=\"font-weight:700\">to begin after Ramadan<\/span><span>, the<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/en.irna.ir\/news\/85074996\/Iran-Iraq-agree-to-construct-railway-linking-Shalamcheh-Basra\" style=\"\">Islamic Republic News Agency (IRNA)<\/a><\/span><span> reports, citing statements from Iran\u2019s Road and Urban Development Minister <\/span><span style=\"font-weight:400;\">Mehrdad Bazrbash. The first phase of the project will involve a mine clearing operation, after which Iraq is said to begin development of the railway, and Iran will begin development of a movable bridge over the Shatt Al-Arab river. The project is set to be completed within 18 months. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">This could be one of several projects linking the two countries:<\/span><span> Iran and Iraq<\/span><span> had also <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/4ef34151-2de3-4300-aec1-b5cea2e6c79d\" style=\"\">recently discussed<\/a><\/span><span> potentially developing a new railway linking <\/span><span style=\"font-weight:400;\">Khosravi in Iran to Karbala in Iraq.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">WATCH THIS SPACE #3- Egypt is mulling plans to include state-owned Export<\/span><span style=\"font-weight:700\"> Development Bank (Ebank) as part of its <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;font-weight:700;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a94808c5-7a0c-4027-a786-804f2dc35954\" style=\"\">rebooted privatization program<\/a><\/span><span>, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bit.ly\/40T5hg9\" style=\"\">Al Mal<\/a><\/span><span> reports, citing unnamed sources it says have knowledge of the matter<\/span><span>. A study is underway to examine proposals which could see Ebank bring on board new investors through a capital increase, the sources reportedly said. The 84% state-owned bank \u2014 which supports Egyptian exports through services such as credit ins. and letters of credit<\/span><span>\u2014 recently saw its bottom line more than double y-o-y in 2022 to reach EGP 1.34 bn on the back of higher interest rates, according to its most recent <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/4\/EBank-earnings-FY2022_321_368.pdf\" style=\"\">financials (<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/4\/EBank-earnings-FY2022_321_368.pdf\" style=\"\">pdf<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/4\/EBank-earnings-FY2022_321_368.pdf\" style=\"\">)<\/a><\/span><span>.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"><a id=\"wwtt3\"><\/a>  <\/span><span style=\"font-weight:700\">WATCH THIS SPACE #4- The UAE and Vietnam could soon sign a CEPA:<\/span><span style=\"\"> During a<\/span><span> visit by a Vietnamese delegation to<\/span><span>the UAE, the countries signed a joint declaration of intent to begin talks on signing a Comprehensive Economic Partnership Agreement (CEPA), <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/wam.ae\/en\/details\/1395303145834\" style=\"\">Emirates News Agency (WAM)<\/a><\/span><span style=\"font-weight:400;\"> reports. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The details:<\/span><span style=\"\"> Both parties discussed collaborating in the agricultural, energy, industry, investment, infrastructure, trade, and logistics sectors as the CEPA negotiations move forward. Foreign Trade Minister Thani Al Zeyoudi also encouraged Vietnam\u2019s private sector to capitalize on the UAE\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.moec.gov.ae\/en\/nextgenfdi\" style=\"\">NextGenFDI<\/a><\/span><span style=\"\"> initiative, which aims to facilitate foreign investment in the country, by easing access to finance and business licenses and helping with relocation.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Trade between the two countries has been on the rise:<\/span><span style=\"font-weight:400;\"> Trade in goods excluding mobile phones and mobile phones accessories grew to more than USD 3.5 bn in 2022, a 9% y-o-y increase, and a 34% growth since 2020, Al Zeyoudi is quoted as saying. \u201cThe UAE accounts for 39% of Vietnam\u2019s trade with Arab countries,\u201d Al Zeyoudi adds.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">This comes on the heels of the UAE\u2019s most recent CEPA signing with<\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/76c7d88a-9c6f-4215-b298-7fd088c9a720\" style=\"\">Israel<\/a><\/span><span style=\"font-weight:400;\">, one of many CEPAs the UAE has signed in the last couple of years.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"><a id=\"wwtt4\"><\/a> <\/span><span style=\"font-weight:700\">DATA POINT #1- Saudi Arabia\u2019s air freight traffic rose 7% y-o-y in 2022<\/span><span style=\"\">, <\/span><span>according to a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/4\/Air%20Transport%20Bulletin%202022_EN_0_386.pdf\" style=\"\">report (pdf)<\/a><\/span><span> by the kingdom\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.stats.gov.sa\/en\/node\" style=\"\">General Authority for Statistics<\/a><\/span><span style=\"font-weight:400;\">. The kingdom\u2019s international air freight traffic grew 12% y-o-y to c.559k tons last year, while domestic air freight traffic dropped 26% y-o-y to c.58k tons in 2022. There was a 20% y-o-y increase in the number of companies involved in air transport in 2022 to 1,443 companies in the areas of cargo handling and transport, passenger transport, and support services. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">DATA POINT #2- The kingdom\u2019s aviation sector also scored 94.4% on the International Civil Aviation Organization\u2019s safety scale<\/span><span style=\"\">, ranking<\/span><span> seventh among G20 members, according to its safety audit report, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.spa.gov.sa\/viewfullstory.php?lang=en&newsid=2441164#2441164\" style=\"\">Saudi Press Agency<\/a><\/span><span style=\"font-weight:400;\"> reports. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">DATA POINT #3-<\/span><span style=\"font-weight:700\">Pre-arrival customs clearance transactions in Abu Dhabi have <\/span><span style=\"font-weight:700\">grown to 33% of total customs clearance transactions in 1Q 2023<\/span><span>, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"http:\/\/wam.ae\/en\/details\/1395303145514#:~:text=ABU%20DHABI%2C%205th%20April%2C%202023,compared%20to%2023%20percent%20in\" style=\"\">Wam<\/a><\/span><span style=\"font-weight:400;\"> reports.The General Administration of Abu Dhabi Customs reported that pre-arrival clearance transactions accounted for 45% of total customs clearance at airports, 31% at land ports, and 9% at seaports. The pre-arrival clearance rate for shipments departing the country accounted for 47% of the total number of registered exit data, while inbound shipments accounted for 21% of the total number of entry data.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">For the first time since the start of the war in Yemen, a container ship entered the<\/span><span style=\"font-weight:700\"> terminal at the Port of Aden directly upon its arrival<\/span><span>, according to a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.portofaden.net\/en\/news\/show\/587?slug=Container-Vessel-MV-EA-Blue-Nile-Enters-the-port-on-arrival\" style=\"\">statement<\/a><\/span><span style=\"\"><a href=\"https:\/\/www.portofaden.net\/en\/news\/show\/587?slug=Container-Vessel-MV-EA-Blue-Nile-Enters-the-port-on-arrival\" style=\"\"><\/a><\/span><span>from Port Aden. The port was <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/article\/us-yemen-security-aden-idUSKCN0PP16I20150715\" style=\"\">seized<\/a><\/span><span style=\"font-weight:400;\"> by Saudi-backed Yemeni forces back in 2015, and has since faced operational obstacles due to the war, including sieges and excessive vessel searches. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The World Bank is now expecting the MENA region to grow at a 3.0% clip during 2023<\/span><span style=\"\">,<\/span><span> down 0.5 percentage points from its previous forecast, according to its April <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/4\/MEU_APR23%20V16B_377.pdf\" style=\"\">MENA Economic Update (pdf).<\/a><\/span><span style=\"font-weight:400;\"> Oil exporters will see the biggest deceleration in growth as last year\u2019s hot energy markets on the back of the war in Ukraine give way to a more uncertain global outlook, though the historical growth gap between oil exporters and importers in MENA is expected to persist.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Sounding the alarm on food insecurity:<\/span><span style=\"font-weight:400;\"> The April update has a special focus on what the World Bank says is \u201ca full-blown food insecurity crisis brewing across the region,\u201d largely thanks to inflationary pressures. Food insecurity in MENA now affects some 17.6% of the population, it writes, up from 11.8% in 2006. \u201cInflation hits the poor much harder than the rich, because the poor spend most of their budget on food and energy,\u201d it says.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\"><\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">\n          Get <b style=\"font-weight: 700\">Enterprise<\/b> daily<br \/>\n        <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>     <a href=\"logistics\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>\n    <\/div>\n<\/p><\/div>\n<\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">MARKET WATCH- <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"><a id=\"wwtt5\"><\/a> <\/span><span style=\"font-weight:700\">OPEC+ production cuts should bump prices in the short-term, <\/span><span style=\"font-weight:700\">but may lead to a deficit in the market in the back half of the year<\/span><span>, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.fitchratings.com\/research\/corporate-finance\/opec-output-cuts-to-support-short-term-prices-may-push-market-into-deficit-04-04-2023\" style=\"\">Fitch Ratings<\/a><\/span><span> said last week. The surprise decision by the international oil cartel to cut almost 1.2 mn barrels of daily output pushed benchmark crude <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a765a17d-7fd5-4cd5-ab3f-996c17029260\" style=\"\">up to USD 85 per barrel<\/a><\/span><span> after trading below USD 80 \/ bbl in the second half of March. The latest reduction to supply, coupled with increasing demand from China after reopening, make it more likely that the international oil market will go into deficit territory by <\/span><span>2H 2023<\/span><span style=\"font-weight:400;\"> after exhibiting moderate surplus in 1Q 2023, according to the report. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">SPEAKING OF OIL PRICES-<\/span><span style=\"font-weight:700\">Saudi\u2019s Aramco hiked up prices of Asia-bound<\/span><span style=\"font-weight:700\"> shipments by USD 0.30 \/ bbl<\/span><span>, marking the third consecutive monthly increase, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-04-05\/saudi-arabia-hikes-prices-for-asian-oil-sales-after-opec-cuts?srnd=economics-v2&leadSource=uverify%20wall\" style=\"\">Bloomberg<\/a><\/span><span> reported.<\/span><span style=\"font-weight:400;\">  <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Production hikes at Kuwait\u2019s Al Zour refinery are set to turn the<\/span><span style=\"font-weight:700\"> table on Western low sulfur fuel oil (LSFO) exports to Asia<\/span><span>, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.spglobal.com\/commodityinsights\/en\/market-insights\/latest-news\/shipping\/040523-feature-kuwait-al-zour-refinerys-surging-lsfo-exports-set-to-close-western-arbitrage-to-asia\" style=\"\">S&P Global<\/a><\/span><span style=\"font-weight:400;\"> said in a report. The new refinery went online in late 2022 and has been ramping up production since, reaching 410k bbl per day in early March. That capacity is set to double in the coming months, traders told the news agency, with most of the output set to make its way to the world\u2019s largest bunkering hub in Singapore to supply Asian markets. At full capacity, the refinery is expected to supply c. 40% of Singapore\u2019s demand for LSFO. The new volume is expected to crowd out Western suppliers \u201crendering the arbitrage economics that have long enabled Western cargoes to arrive in Asia increasingly unviable,\u201d says the report.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">SOUND SMART- <\/span><span style=\"font-weight:400;\">LSFO is the go-to fuel for international shipping due to regulations mandated by the International Maritime Organization (IMO) that aim to reduce the carbon footprint of the global shipping industry. Western suppliers historically were the main suppliers of Asia\u2019s LSFO, and have been benefiting from arbitrage economies, whereby LSFO stocks are bought at cheaper prices in the West and sold at a markup in Asia, earning them a positive price differential. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">THE REALIGNMENT-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"><a id=\"wwtt6\"><\/a> <\/span><span style=\"font-weight:700\">Fuels derived from Russian oil are making their way to Europe through India: <\/span><span>India\u2019s record-high imports of crude oil from Russia in FY 2022-23 fiscal year have enabled its refiners to export more diesel and jet fuel to Europe, as the continent shuts out Russian products, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/business\/energy\/fuels-russian-oil-gets-backdoor-entry-into-europe-via-india-2023-04-05\/#:~:text=NEW%20DELHI%2C%20April%205%20(Reuters,from%20Kpler%20and%20Vortexa%20showed.\" style=\"\">Reuters<\/a><\/span><span> reports. India\u2019s access to cheaper Russian crude has increased output at its refineries, allowing them to export refined products to Europe more competitively and gain a larger market share, according to ship-tracking data from <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.kpler.com\/\" style=\"\">Kpler<\/a><\/span><span> and <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.vortexa.com\/?gclid=Cj0KCQjwxMmhBhDJARIsANFGOSuDQfLoyirXnpWhl8f8jyVBPJPcBkiPm5V0OugJzRMjf_TwE6gln_QaAnusEALw_wcB\" style=\"\">Vortexa<\/a><\/span><span style=\"font-weight:400;\">.  <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">South Korea backs US push to diversify global supply <\/span><span style=\"font-weight:700\">chains away from China: <\/span><span>South Korea is looking to solidify its cooperation with India in supply chain, science, and technology, aligning with a US-led effort to diversify away from China, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bloom.bg\/3GrQosM\" style=\"\">Bloomberg<\/a><\/span><span> reports. This is yet another blow to China, after Japan joined the US and the Netherlands in <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/b7b22abf-2ed9-4f76-9916-ee981cb89019\" style=\"\">banning exports<\/a><\/span><span style=\"font-weight:400;\"> of semiconductor equipment to China. India has been a beneficiary of this shift, as companies including tech giant Apple are increasing their manufacturing capacity in the country, according to Bloomberg.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Beijing wants WTO intervention on US chip curbs:<\/span><span style=\"\"> China has called on the <\/span><span>World Trade Organization (WTO) to scrutinize Washington\u2019s attempts to prevent it importing chip technology, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/technology\/china-urges-wto-sift-us-led-chip-export-curbs-2023-04-05\/\" style=\"\">Reuters<\/a><\/span><span> reports. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">CIRCLE YOUR CALENDAR-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.africanairexpo.com\/\" style=\"\">African Air Expo<\/a><\/span><span style=\"font-weight:700\">, organized by Adone Events, will take place in Cape Town from <\/span><span style=\"font-weight:700\">12-15 February 2024<\/span><span>, according to the event <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.africanairexpo.com\/\" style=\"\">website<\/a><\/span><span style=\"font-weight:400;\">.The commercial and general aviation and airport equipment exhibition will showcase the aviation industry's growth, as well as that of related sectors like tourism, cargo, and human capital development. Some 300 exhibitors are expected at the event, which will feature a static display of 90 aircraft and is expected to host 20k visitors.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;font-weight:700;\"><a href=\"https:\/\/enterprise.press\/am-edition\/#calendar\" style=\"\">Check out our full calendar on the web<\/a><\/span><span style=\"font-weight:400;\"> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            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class=\"f-graphik\">Projects<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/04\/10\/saudi-arabia-offers-up-14-logistics-and-transport-projects-for-private-investment\/\">\r\n                            Saudi Arabia offers up 14 logistics and transport projects to private investors                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/04\/10\/saudi-arabia-offers-up-14-logistics-and-transport-projects-for-private-investment\/\" 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href=\"https:\/\/enterpriseam.com\/logistics\/2023\/04\/10\/saudi-arabia-offers-up-14-logistics-and-transport-projects-for-private-investment\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/363.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"70090\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/04\/10\/saudi-arabia-offers-up-14-logistics-and-transport-projects-for-private-investment\/363-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/363.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"363.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/363.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/363.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-70089\" class=\"content-area-description single-story post-70089 post type-post status-publish format-standard has-post-thumbnail hentry category-projects tag-enterprise-logistics tag-infrastructure tag-investment tag-port tag-projects tag-transport wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/4\/.8e645aaa-2249-42e5-b3a3-a9c1cc26097c.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <\/span><span style=\"font-weight:700\">Saudi Arabia\u2019s <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.ncp.gov.sa\/en\/pages\/home.aspx\" style=\"\">National Center for Privatization & PPP (NCP)<\/a><\/span><span style=\"font-weight:700\"> is seeking private<\/span><span style=\"font-weight:700\"> investments for 14 projects in the logistics and<\/span><span style=\"font-weight:700\"> transport sectors<\/span><span> as part of a wider privatization program for infrastructure projects, according to a<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/twitter.com\/NCPSaudi_en\/status\/1643584340599746560\" style=\"\">press relea<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/twitter.com\/NCPSaudi_en\/status\/1643584340599746560\" style=\"\">se<\/a><\/span><span style=\"font-weight:400;\">. The projects are open to both local and foreign investors, the press release says, without disclosing the value of investments the program is targeting. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">#1- Port development:<\/span><span> The kingdom is seeking private investments to help fund the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ncp.gov.sa\/en\/Pages\/ProjectDetails.aspx?projectid=132\" style=\"\">development<\/a><\/span><span> of the <\/span><span>port of Al Khafji, bordering Kuwait; Al Batha, bordering UAE; Al Wadiah, which borders Saudi Arabia and Yemen; and three other ports \u2014 Al Hadithah, Halat Ammar and Al Durra<\/span><span> \u2014 bordering the kingdom and Jordan. <\/span><span>The development work for the ports has been ongoing since June 2022, according to the website, but will take 23 years to complete. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">#2- Logistics areas: <\/span><span>The center is also looking for investors to submit bids for the design, building, financing, and maintenance of a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ncp.gov.sa\/en\/Pages\/ProjectDetails.aspx?projectid=133\" style=\"\">logistics area<\/a><\/span><span> in Jadidat Araar port, which involves developing warehousing, light manufacturing spaces, parking facilities for trucks, and housing for port workers, according to the website. The project will have a capacity of 1.2 mn cubic meters, and will run for 23 years. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">#3- Urban infrastructure<\/span><span style=\"font-weight:700\">: <\/span><span>The center approved<\/span><span> nine infrastructure projects, <\/span><span>spanning<\/span><span style=\"font-weight:400;\"> highways, airports, and marine ports, for privatization. The breakdown:  <\/span><\/p>\n<ul>\n<li><span style=\"font-weight:700\">15-year <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;font-weight:700;\"><a href=\"https:\/\/www.ncp.gov.sa\/en\/Pages\/ProjectDetails.aspx?projectid=127\" style=\"\">marine service agreement<\/a><\/span><span style=\"font-weight:400;\"> for Yanbu commercial port, King Fahad Industrial port in Yanbu, Jeddah Islamic port, Jizan - Ras Alkhair port, King Fahad Industrial Port in Jubail, Jubail Commercial port, and King Abdulaziz port in Dammam.<\/span><\/li>\n<li><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;font-weight:700;\"><a href=\"https:\/\/www.ncp.gov.sa\/en\/Pages\/ProjectDetails.aspx?projectid=124\" style=\"\">136 km Asir-Jazan highway<\/a><\/span><span style=\"font-weight:400;\">, which will include six intersections, 18 km of bridges and 9 km of tunnels.<\/span><\/li>\n<li><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;font-weight:700;\"><a href=\"https:\/\/www.ncp.gov.sa\/en\/Pages\/ProjectDetails.aspx?projectid=125\" style=\"\">570 km Jeddah-Jazan highway<\/a><\/span><span style=\"font-weight:400;\">, with plans to convert the current 280 km of double lanes to three, 43 intersections, 29 bridges, and 11 wildlife crossings.<\/span><\/li>\n<li><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;font-weight:700;\"><a href=\"https:\/\/www.ncp.gov.sa\/en\/Pages\/ProjectDetails.aspx?projectid=126\" style=\"\">447 km Yanbu-Jubail highway<\/a><\/span><span style=\"font-weight:400;\">, which includes 17 intersections, 18 service areas, 14 wildlife crossings, four bridges and a tunnel.<\/span><\/li>\n<li><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;font-weight:700;\"><a href=\"https:\/\/www.ncp.gov.sa\/en\/Pages\/ProjectDetails.aspx?projectid=131\" style=\"\">64 km Jeddah-Mekkah highway<\/a><\/span><span>, including seven interchanges<\/span><span style=\"font-weight:400;\"> and four camel crossings. Construction on 51 km of the road is already underway, but the proposed scope of the contract is to operate and maintain the road once it\u2019s finished.<\/span><\/li>\n<li><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;font-weight:700;\"><a href=\"https:\/\/www.ncp.gov.sa\/en\/Pages\/ProjectDetails.aspx?projectid=128\" style=\"\">Expansion of Abha International Airport<\/a><\/span><span style=\"font-weight:400;\"> to reach a capacity of 8.5 mn up from its original 1.5 mn passenger capacity.<\/span><\/li>\n<li><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;font-weight:700;\"><a href=\"https:\/\/www.ncp.gov.sa\/en\/Pages\/ProjectDetails.aspx?projectid=129\" style=\"\">Development of the Taif New International Airport<\/a><\/span><span style=\"font-weight:400;\">, to reach a capacity of 4 mn passengers in 2030 and 7.4 mn passengers in 2053, up from the airport\u2019s current 600k passenger capacity.<\/span><\/li>\n<li><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;font-weight:700;\"><a href=\"https:\/\/www.ncp.gov.sa\/en\/Pages\/ProjectDetails.aspx?projectid=130\" style=\"\">Expansion of Hail International Airport<\/a><\/span><span style=\"font-weight:400;\"> to handle 3 mn passengers.<\/span><\/li>\n<li><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;font-weight:700;\"><a href=\"https:\/\/www.ncp.gov.sa\/en\/Pages\/ProjectDetails.aspx?projectid=200\" style=\"\">Expansion of Prince Naif Airport<\/a><\/span><span> to serve 5.3 mn passengers.<\/span><\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">#5- Logistics cities: <\/span><span>The center is also seeking private investments under a design-build-finance-operate-maintain-transfer model for the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ncp.gov.sa\/en\/Pages\/ProjectDetails.aspx?projectid=16\" style=\"\">development of warehouses<\/a><\/span><span>, infrastructure and superstructure of logistics areas <\/span><span style=\"font-weight:400;\">in Dammam Second Industrial City, and the logistics cities in Araar and Al Qurayyat.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">#6- Land ports:<\/span><span> Another<\/span><span> design, build, operate and maintain (DBOM) contract is up for grabs for a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ncp.gov.sa\/en\/Pages\/ProjectDetails.aspx?projectid=135\" style=\"\">solar power plant<\/a><\/span><span> in Al-Rub\u2019 Al-Khali land port, <\/span><span>which involves <\/span><span>financing and installing solar panels, transformers, and other equipment, connecting the plant to the port\u2019s electrical grid, distributing energy to the port, as well as maintenance of solar panels and other equipment. A second DBOM contract is up for grabs for the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ncp.gov.sa\/en\/Pages\/ProjectDetails.aspx?projectid=140\" style=\"\">development of warehousing<\/a><\/span><span> in land ports to handle the storage of confiscated goods.<\/span><span> Finally, the center has also approved a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ncp.gov.sa\/en\/Pages\/ProjectDetails.aspx?projectid=137\" style=\"\">project to develop and operate residential housing<\/a><\/span><span> for families in land ports, which will include some 144 accommodation units. <\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/infrastructure\/\">INFRASTRUCTURE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/investment\/\">investment<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/port\/\">port<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/projects\/\">PROJECTS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/transport\/\">transport<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"70091\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"70091\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">Aviation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/04\/10\/is-dubai-looking-to-revive-plans-for-usd-33-bn-airport-mega-project\/\">\r\n                            Dubai looking to revive plans for USD 33 bn airport mega project                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/04\/10\/is-dubai-looking-to-revive-plans-for-usd-33-bn-airport-mega-project\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Talks are ongoing and stakeholders have been informally told to be on the ready for a restart, according to the report. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Plans to expand the airport to <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.reuters.com\/article\/us-dubai-airport-idUSKCN1MD28Z\" style=\"\">handle 120 mn passengers a year by 2025<\/a><\/span><span style=\"font-weight:700\"> first kicked off in <\/span><span style=\"font-weight:700\">2014<\/span><span> but were delayed <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/article\/dubai-airport-idINL8N1WZ2WL\" style=\"\">till 2030<\/a><\/span><span> due to several disruptions, including falling oil prices, the pandemic<\/span><span style=\"\">, and priority being given to Dubai\u2019s Expo 2020, according to MEED<\/span><span style=\"\">. Firms were competing for a USD 2.7 bn contract to develop the airport\u2019s substructure \u2014  a complex underground network that would handle the movement of people, baggage, as well as a range of support services \u2014 when the pandemic hit and the tenders were put on hold, MEED reports.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">A rebound in traffic numbers at the airport has given the project renewed impetus<\/span><span style=\"\">, <\/span><span style=\"\">MEED <\/span><span style=\"font-weight:400;\">reports. Dubai\u2019s airport received 66.1 mn passengers in 2022, and while this is well below the 86.4 mn visitors recorded in 2019, projections indicate the airport\u2019s traffic will return to pre-pandemic levels by 2024, the news agency reported.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Regional rivalry: <\/span><span style=\"\">Saudi Arabia had recently also <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.spa.gov.sa\/viewfullstory.php?lang=en&newsid=2404849\" style=\"\">announced plans<\/a><\/span><span style=\"\"> to build the world\u2019s largest airport \u2014 King Salman International Airport in Riyadh \u2014 with the capacity to host 120 mn passengers annually by 2030. That announcement came closely on the heels of another plan to establish KSA's second flagship carrier, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.spa.gov.sa\/w1868367\" style=\"\">Riyadh Air<\/a><\/span><span style=\"font-weight:400;\">, which is angling to become the region\u2019s largest airline by revenue.  <\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/dubai\/\">Dubai<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"70093\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"70093\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">The Macro Picture<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/04\/10\/menas-exports-grew-in-2022-but-wto-sees-growth-weakening-in-2023-amid-a-global-slowdown\/\">\r\n                            MENA\u2019s exports grew in 2022, but WTO sees growth weakening in 2023 amid a global slowdown                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/04\/10\/menas-exports-grew-in-2022-but-wto-sees-growth-weakening-in-2023-amid-a-global-slowdown\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The region made strides in trade of both merchandise and commercial services, as well as in digitally delivered services \u2014 with the UAE coming out on top in most export sectors.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">What does the report track?<\/span><span> The report \u2014 published twice a year \u2014 looks at merchandise trade, which includes agricultural products, iron and steel, chemicals, textiles, clothing, fuels, mining products, automotive products, and office and telecom equipment. Services trade, on the other hand, looks at sectors like transport, travel and goods-related services. The report also tracks the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.isl.org\/en\/containerindex\" style=\"\">RWI\/ISL<\/a><\/span><span> container throughput index and daily commercial flights for passenger and freight, tracked by <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.flightradar24.com\/32.9,44.35\/8\" style=\"\">FlightRadar24<\/a><\/span><span style=\"font-weight:400;\">. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The UAE led the pack in the region<\/span><span>, with merchandise exports rising<\/span><span> 41% y-o-y to USD 599 bn and ranking it the 11th biggest merchandise exporter in the world. Saudi Arabia climbed six spots in the ranking to place 21st, with merchandise exports growing 49% to USD 410 bn. On the imports front, the UAE was the only country in the region to be on the list of biggest importers in the world, ranking at 18 with a 22% increase to USD 425 bn worth of imports in 2022. The region\u2019s imports as a whole grew 9.4% throughout the year, according to the report.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">MENA countries ranked higher in merchandise exports when disregarding intra-EU trade: <\/span><span style=\"font-weight:400;\">Not considering countries trading within the EU, the UAE ranked seventh in the world, while Saudi Arabia ranked 16th. Iraq comes in at 25, with an estimated USD 132 bn worth of exports, while Qatar followed in 26th place with USD 130 bn in exports. Kuwait ranked in 28th place with USD 104 bn in merchandise exports. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The same applied to imports: <\/span><span>Without considering trade within the EU, the UAE is the 13th biggest importer in the world. Saudi Arabia comes in next at 23rd, with USD 188 bn in imports in 2022. Israel imported some<\/span><span style=\"font-weight:400;\">USD 107 bn worth of goods, ranking 26th in the list. Coming in 30th place is Egypt, with USD 86 bn worth of imports during the year.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The UAE also topped the list of commercial service traders in the MENA region: <\/span><span style=\"font-weight:400;\">The UAE and Israel were ranked in the top 30 exporters of commercial services, with the UAE ranked in 12 place, with exports worth USD 154 bn, and Israel in 22nd place with USD 93 bn in exports. The UAE imported USD 96 bn worth of commercial services, while Saudi Arabia imported USD 76 bn in 2022, according to the report. Without counting intra-EU trade, Saudi Arabia would make it to the top 30 \u2014 with a whopping 302% increase in commercial service exports to USD 39 bn \u2014 as would Egypt, which saw its exports rise 27% to USD 27 bn, Qatar, whose exports rose 31% and Morocco, whose exports grew 50%. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The Middle East\u2019s exports of digitally delivered services \u2014 or trade that happens through computer networks \u2014 <\/span><span style=\"font-weight:700\">rose significantly higher than the global average in 2022<\/span><span style=\"font-weight:400;\">, according to the report. In the frontier of exporting digital services in the MENA region, Israel stood in 19th place, exporting some USD 54 bn in digital services in 2022. The UAE followed in 21st place, with USD 45 bn worth of exports. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">MENA\u2019s imports and exports are both expected to grow in 2023 \u2014 albeit at a slower pace:<\/span><span> Export growth is forecast to grow a subdued 0.9% <\/span><span>y-o-y<\/span><span> this year, before recovering slightly to 4.7% growth <\/span><span>y-o-y<\/span><span style=\"font-weight:400;\"> in 2024. This forecast is presented with downside risks, the biggest of which is a \u201cfood crisis\u201d triggering widespread hunger and starvation in low-income countries, the report says. The MENA region\u2019s imports could rise 5.5% y-o-y this year, the WTO estimates. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">We\u2019re not too far from the global forecast: <\/span><span>The WTO sees global trade rising 1.7% this year. Though it is a slight improvement from its last forecast of 1% growth in October of last year, it still sees trade expansion moving at a \u201csubpar pace\u201d on the back of the ongoing war in Ukraine, stubbornly high inflation, tighter monetary policy and financial uncertainty. \u201cTrade will remain under pressure from external factors, making it more important for governments to avoid fragmentation and refrain from introducing obstacles,\u201d <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wto.org\/english\/news_e\/news23_e\/tfore_05apr23_e.htm#:~:text=The%20WTO's%20trade%20projections%2C%20set,%25%20respectively%20(see%20chart).\" style=\"\">says<\/a><\/span><span style=\"font-weight:400;\"> WTO Director General Nogzi Okonjo-Iweala.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Economic and sociopolitical headwinds caused global trade growth to slow in 2022: <\/span><span style=\"font-weight:400;\">The global economy has improved slightly since the last trade forecast by the WTO in October 2022, with trade growth at 2.7% after a slump in 4Q 2022, falling within the WTO\u2019s projected range of 2.4%-3% growth. The slump inhibiting trade growth was caused by the usual recent culprits \u2014 rise in commodity prices, increased energy, wheat and grain prices that stem from the Ukraine and Russia war.  World merchandise trade rose 12% to USD 25.3 tn underpinned by high global commodity prices, while world commercial services trade increased 15% to USD 6.8 tn, with 3.82 tn of that attributable to digitally delivered services.<\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/exports\/\">exports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/the-macro-picture\/\">THE MACRO PICTURE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"70095\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"70095\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">Logistics in the News<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/04\/10\/western-sanctions-on-russian-fuel-more-costly-trips-for-energy-shippers\/\">\r\n                            Western sanctions on Russian fuel means more costly trips for energy shippers                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/04\/10\/western-sanctions-on-russian-fuel-more-costly-trips-for-energy-shippers\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/logistics\/2023\/04\/10\/western-sanctions-on-russian-fuel-more-costly-trips-for-energy-shippers\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/logistics\/2023\/04\/10\/western-sanctions-on-russian-fuel-more-costly-trips-for-energy-shippers\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Western sanctions on Russian fuel = more costly trips for energy shippers&url=https:\/\/enterpriseam.com\/logistics\/2023\/04\/10\/western-sanctions-on-russian-fuel-more-costly-trips-for-energy-shippers\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/logistics\/2023\/04\/10\/western-sanctions-on-russian-fuel-more-costly-trips-for-energy-shippers\/&title=Western sanctions on Russian fuel = more costly trips for energy shippers\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Western+sanctions+on+Russian+fuel+%3D+more+costly+trips+for+energy+shippers+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F04%2F10%2Fwestern-sanctions-on-russian-fuel-more-costly-trips-for-energy-shippers%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/04\/10\/western-sanctions-on-russian-fuel-more-costly-trips-for-energy-shippers\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/383.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"70096\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/04\/10\/western-sanctions-on-russian-fuel-more-costly-trips-for-energy-shippers\/383-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/383.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"383.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/383.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/383.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-70095\" class=\"content-area-description single-story post-70095 post type-post status-publish format-standard has-post-thumbnail hentry category-logistics-in-the-news tag-energy tag-enterprise-logistics tag-logistics-in-the-news tag-russia tag-shipping wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/4\/.3ccce458-f4f8-4d42-8f3f-7adc35d52ce9.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <\/span><span style=\"font-weight:700\">Western sanctions on Russian shipments have disrupted global energy shipping<\/span><span style=\"font-weight:700\"> patterns, forcing global fuel suppliers to resort to longer and pricier routes<\/span><span> to transport diesel and other products, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/business\/sustainable-business\/western-curbs-russian-oil-products-redraw-global-shipping-map-2023-04-06\/\" style=\"\">Reuters<\/a><\/span><span style=\"font-weight:400;\">reports. Tankers transporting clean oil products are traveling between 16-18 days to transport Russian cargoes to Brazil or US cargoes to Europe due to the EU\u2019s sanctions on Russian fuel, compared to the 4-6 days it took a ship to sail from Russia to Europe previously. The Clean Tanker Index, published by the Baltic Exchange, which measures average freight rates for shipping fuels on the most popular worldwide routes, has more than doubled since the ban came into effect, Reuters writes. <\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/logistics-in-the-news\/\">LOGISTICS IN THE NEWS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/russia\/\">Russia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/shipping\/\">shipping<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"70097\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"70097\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">Also on Our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/04\/10\/uae-canada-expand-air-transport-while-iraq-launches-new-air-routes-and-rja-resumes-flights-with-brussels-plus-news-from-dubais-vms-yango-morocco-cafu-and-saudi\/\">\r\n                            UAE + Canada expand air transport, while Iraq launches new air routes and RJA resumes flights with Brussels. PLUS: News from Dubai\u2019s VMS, Yango, Morocco, CAFU and Saudi                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/04\/10\/uae-canada-expand-air-transport-while-iraq-launches-new-air-routes-and-rja-resumes-flights-with-brussels-plus-news-from-dubais-vms-yango-morocco-cafu-and-saudi\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/logistics\/2023\/04\/10\/uae-canada-expand-air-transport-while-iraq-launches-new-air-routes-and-rja-resumes-flights-with-brussels-plus-news-from-dubais-vms-yango-morocco-cafu-and-saudi\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/logistics\/2023\/04\/10\/uae-canada-expand-air-transport-while-iraq-launches-new-air-routes-and-rja-resumes-flights-with-brussels-plus-news-from-dubais-vms-yango-morocco-cafu-and-saudi\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=UAE + Canada expand air transport, while Iraq launches new air routes and RJA resumes flights with Brussels. PLUS: News from Dubai\u2019s VMS, Yango, Morocco, CAFU and Saudi&url=https:\/\/enterpriseam.com\/logistics\/2023\/04\/10\/uae-canada-expand-air-transport-while-iraq-launches-new-air-routes-and-rja-resumes-flights-with-brussels-plus-news-from-dubais-vms-yango-morocco-cafu-and-saudi\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/logistics\/2023\/04\/10\/uae-canada-expand-air-transport-while-iraq-launches-new-air-routes-and-rja-resumes-flights-with-brussels-plus-news-from-dubais-vms-yango-morocco-cafu-and-saudi\/&title=UAE + Canada expand air transport, while Iraq launches new air routes and RJA resumes flights with Brussels. PLUS: News from Dubai\u2019s VMS, Yango, Morocco, CAFU and Saudi\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=UAE+%2B+Canada+expand+air+transport%2C+while+Iraq+launches+new+air+routes+and+RJA+resumes+flights+with+Brussels.+PLUS%3A+News+from+Dubai%E2%80%99s+VMS%2C+Yango%2C+Morocco%2C+CAFU+and+Saudi+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F04%2F10%2Fuae-canada-expand-air-transport-while-iraq-launches-new-air-routes-and-rja-resumes-flights-with-brussels-plus-news-from-dubais-vms-yango-morocco-cafu-and-saudi%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/04\/10\/uae-canada-expand-air-transport-while-iraq-launches-new-air-routes-and-rja-resumes-flights-with-brussels-plus-news-from-dubais-vms-yango-morocco-cafu-and-saudi\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/385.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"70098\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/04\/10\/uae-canada-expand-air-transport-while-iraq-launches-new-air-routes-and-rja-resumes-flights-with-brussels-plus-news-from-dubais-vms-yango-morocco-cafu-and-saudi\/385-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/385.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"385.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/385.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/385.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-70097\" class=\"content-area-description single-story post-70097 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-aviation tag-delivery tag-enterprise-logistics tag-maritime wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/4\/.b12bd95f-5420-494d-bded-4a6e6517e8ee.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">AVIATION-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <\/span><span style=\"font-weight:700\">UAE and Canada to expand air transport: <\/span><span style=\"\">Flights between the <\/span><span style=\"\">UAE and Canada will<\/span><span style=\"\"> increase 50% to 21 flights per week under an expanded air transport agreement, helping create new routes between the countries. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bit.ly\/3zzlF9A\" style=\"\">Statement<\/a><\/span><span style=\"font-weight:400;\">)<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Iraq prepares to operate three new air routes: <\/span><span style=\"\">Iraq plans to operate t<\/span><span style=\"\">hree new routes<\/span><span> to Bahrain, Malaysia, and Turkey by mid-April, Maytham Al-Safi, relations and media director for Iraq\u2019s transport ministry, told <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bit.ly\/3UokGSZ\" style=\"\">Al Sabaah News<\/a><\/span><span style=\"font-weight:400;\">reports. All routes would originate from Baghdad, with one connecting to Sabiha Airport in Turkey, and another to Kuala Lumpur in Malaysia. Al Safi did not disclose where in Bahrain the route would lead to. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.rj.com\/\" style=\"\">Royal Jordanian<\/a><\/span><span style=\"font-weight:700\"> airlines will resume its Brussels-Amman flights<\/span><span style=\"\"> on 26 <\/span><span>October after a decade-long absence, operating twice a week to fly passengers to and from Amman\u2019s Queen Alia International Airport and Brussels Airport, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.jordannews.jo\/Section-109\/News\/After-10-year-hiatus-RJ-relaunches-Amman-Brussels-route-27984\" style=\"\">Jordan News<\/a><\/span><span> reports<\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">MARITIME-   <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">DNV to help Dubai\u2019s Vahana Marine Solutions reduce greenhouse gasses:<\/span><span>Dubai-based <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.vahanaoffshore.com\/\" style=\"\">Vahana Marine Solutions<\/a><\/span><span>\u2019 2018-built jack-up rig is the first unit to receive maritime advisors <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.dnv.com\/\" style=\"\">DNV\u2019s<\/a><\/span><span> abate ready notation, DNV said in a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.dnv.com\/n-for-jackup-unit-241967?utm_medium=DNV+-+Maritime&utm_campaign=&utm_source=linkedin&utm_content=6e85c74447ed439baacf7e76cc7f3934-5011444&utm_term=social\" style=\"\">statement<\/a><\/span><span style=\"font-weight:400;\">. The abate ready notation is designed to assist offshore companies with identifying and implementing measures to decarbonize operations and reduce greenhouse gas emissions through operational and technical framework. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">LAST MILE DELIVERY- <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Yango launches new speedy consumer-to-consumer delivery in Dubai: <\/span><span style=\"\">The<\/span><span> last-mile delivery platform\u2019s new service delivers goods within the emirate in just 60 minutes, according to a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/yango-delivery-launches-new-rapid-consumer-to-consumer-delivery-service-in-dubai-rbezchpl\" style=\"\">press release<\/a><\/span><span style=\"font-weight:400;\">. Yango's riders are expected to arrive within 15 minutes of receiving a customer's request and will accept packages with a maximum size of 40x40x40cm and a maximum weight of 15kg. The pricing for the service starts at AED 15.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">EXPORTS-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Moroccan farmer unions urge the government to reconsider its recent curbs on <\/span><span style=\"font-weight:700\">vegetable exports: <\/span><span>Moroccan agriculture unions are calling for the government to find a way to lift the recently introduced ban on vegetable exports while maintaining low prices for domestic consumers, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.moroccoworldnews.com\/2023\/04\/354900\/moroccan-farmer-unions-call-for-reinstating-vegetable-exports\" style=\"\">Morocco World News<\/a><\/span><span> reports. The Moroccan government <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-02-23\/morocco-curbs-tomato-exports-adding-to-europe-s-produce-woes\" style=\"\">had implemented curbs on vegetable exports<\/a><\/span><span style=\"font-weight:400;\"> to West Africa and Europe in February to bring down local food prices and maintain supply ahead of Ramadan.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">ALSO WORTH KNOWING-<\/span><\/p>\n<ul>\n<li><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.admaritime.ae\/\" style=\"\">Abu Dhabi Maritime<\/a><\/span><span style=\"\">has extended its cooperation with <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.tasneefmaritime.ae\/\" style=\"\">Tasneef Maritime<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.tasneefmaritime.ae\/\" style=\"\"><\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.tasneefmaritime.ae\/\" style=\"\">services<\/a><\/span><span> to help boost efforts to <\/span><span style=\"font-weight:700\">monitor <\/span><span>and <\/span><span style=\"font-weight:700\">enforce regulations <\/span><span>across <\/span><span style=\"font-weight:700\">Abu Dhabi\u2019s waterways<\/span><span>. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.linkedin.com\/posts\/admaritime_admaritime-regulations-abudhabiwaterways-activity-7049651528902615040-4xkg\/?utm_source=share&utm_medium=member_desktop\" style=\"\">Statement<\/a><\/span><span style=\"font-weight:400;\">) <\/span><\/li>\n<li><span style=\"font-weight:700\">UAE\u2019s <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.cafu.com\/\" style=\"\">CAFU<\/a><\/span><span style=\"font-weight:700\">forays into Canada<\/span><span style=\"font-weight:700\">: <\/span><span>UAE-<\/span><span style=\"\">based on-demand car service<\/span><span>CAFU has launched in Canada, allowing <\/span><span>EV owners in Quebec to order a CAFU truck to recharge their vehicles on demand, supporting EV owners with no access to home charging. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/uae-homegrown-brand-cafu-launches-globally-with-ev-charging-solution-l3he3nw0\" style=\"\">Zawya<\/a><\/span><span style=\"font-weight:400;\">)<\/span><\/li>\n<li><span style=\"font-weight:700\">Saudi Arabia has launched its first self-driving EV as part of a <\/span><span>pilot<\/span><span> program to raise awareness around autonomous vehicles ahead of the development of new legislation, regulations, and systems to support <\/span><span>autonomous vehicles in the kingdom. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/twitter.com\/SaudiTransport\/status\/1642972862448386050?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1642972862448386050%7Ctwgr%5Ea0e088009a6f21d913cd06b27dd7c3cc741dddfa%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fgulfbusiness.com%2Fsaudi-arabia-launches-trial-for-autonomous-ev%2F\" style=\"\">Statement<\/a><\/span><span>)<\/span><\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/delivery\/\">delivery<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/maritime\/\">maritime<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"70099\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"calendar\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/04\/10\/70099\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-70099\" class=\"content-area-description single-story post-70099 post type-post status-publish format-standard hentry category-calendar wpautop entry\">\n\n\t\t\t<hr class=\"wp-block-separator has-text-color has-primary-color has-alpha-channel-opacity has-primary-background-color has-background is-style-wide\">\n\n\t\t<h2 class=\"wp-block-heading mt-0 has-primary-color has-text-color has-link-color has-normal-font-size\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\">\n\t\t\t<strong> Calendar<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">APRIL<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>18-20 April (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"http:\/\/www.transportevents.com\/ForthcomingEventsdetails.aspx?EventID=EVE191\" style=\"\">Intermodal Africa<\/a><\/span><span style=\"font-weight:400;\">, Durban International Convention Centre, South Africa. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>25-27 April (Saturday-Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iata.org\/en\/events\/wcs\/\" style=\"\">World Cargo Symposium<\/a><\/span><span style=\"font-weight:400;\">, Hilton Istanbul Bomonti Hotel and Conference Centre, Istanbul, Turkey. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">MAY<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">May: The Suez Canal Economic Zone (SCZone) plans to handover a new 1k-meter container berth to the East Port Said Port.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">4 May (Tuesday): Deadline to submit proposals for the design, construction, finance, operation, and maintenance of the Salalah-Thamrait trucking road in Oman.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>9-11 May (Thursday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.theairportshow.com\/en-gb\/visit\/why-attend.html\" style=\"\">Airport Show<\/a><\/span><span style=\"font-weight:400;\">, Sheikh Saeed Halls 1-2, DWTC, Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>9-12 May (Thursday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/transportlogistic.de\/en\/visitors\/planning-your-visit\/tickets\/?_gl=1*b4orj0*_ga*MTkwNzE4NTk0OC4xNjc3MDc3Njc1*_ga_4XZZZZG19V*MTY3ODg5NTM3OC4xLjEuMTY3ODg5NTM5OS4wLjAuMA..\" style=\"\">transport logistic<\/a><\/span><span style=\"font-weight:400;\">, Trade Fair Center Messe M\u00fcnchen, Munich, Germany.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>10-12 May (Friday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/africanaviationsummit.com\/\" style=\"\">The African Aviation Summit: Air Finance Africa Conference & Exhibition<\/a><\/span><span style=\"\">, <\/span><span style=\"font-weight:400;\">Sandton Convention Centre, Johannesburg, South Africa.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>15 May (Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/exportsfdi.enterprise.press\/index.html\" style=\"\">Exports + FDI Forum<\/a><\/span><span style=\"font-weight:400;\">, Four Seasons Hotel Cairo at Nile Plaza, Cairo, Egypt.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>15-16 May (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.terrapinn.com\/template\/live\/go\/10675\/0?&pk_campaign=listing&pk_kwd=AF&pk_source=terrapinn&pk_medium=link\" style=\"\">Middle East Rail<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi National Exhibition Centre, Abu Dhabi. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>15-16 May (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.terrapinn.com\/exhibition\/mobility-live-me\/\" style=\"\">Mobility Live Middle East<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi National Exhibition Centre, Abu Dhabi. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>15-17 May (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/conference.globalfleet.com\/\" style=\"\">Global Fleet Conference<\/a><\/span><span>, Cascais, Portugal<\/span><span style=\"font-weight:400;\">. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>16-18 May (Saturday-Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"http:\/\/www.transportevents.com\/ForthcomingEventsdetails.aspx?EventID=EVE193\" style=\"\">Baltic and Black Sea Ports & Shipping<\/a><\/span><span style=\"font-weight:400;\">, Radisson Hotel & Suites, Gdansk, Poland. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>16-18 May (Saturday-Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.seatrademaritime-middleeast.com\/en\/home.html\" style=\"\">Seatrade Maritime Logistics Middle East<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>16-18 May (Saturday-Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iata.org\/en\/events\/ighc\/\" style=\"\">IATA Ground Handling Conference<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi National Exhibition Center, Abu Dhabi. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">18 May (Monday): UN-Turkey-Russia Black Sea grain agreement extension expires.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>24 May (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/2023.fleetandmobilitysummit.com\/\" style=\"\">Fleet and Mobility Summit<\/a><\/span><span style=\"font-weight:400;\">, Dubai. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">JUNE<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">June: Suez Canal Economic Zone holds a roadshow in Delhi. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>6-7 June (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/portscustomsweek.com\/\" style=\"\">Ports and Customs Week<\/a><\/span><span style=\"font-weight:400;\">, Cape Town, South Africa.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">JULY<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">1 July (Saturday): A new greenfield liquid bulk terminal in Khalifa Port Abu Dhabi will kick off operations.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>16-17 July (Thursday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/press-release\/events-and-conferences\/levitate-conference-the-premier-event-for-the-drone-industry-announced-kvkgrtuc\" style=\"\">The Levitate Conference and Exhibition<\/a><\/span><span style=\"font-weight:400;\">, St. Regis Amman Hotel.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>24-25 July (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.neventum.com\/tradeshows\/icsg-istanbul\" style=\"\">ICSG Istanbul<\/a><\/span><span style=\"font-weight:400;\">, Istanbul Lutfi Kirdar Convention & Exhibition Centre, Istanbul. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">SEPTEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>20-22 September (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/transportevolution.com\/\" style=\"\">Transport Evolution Africa Forum and Expo<\/a><\/span><span style=\"font-weight:400;\">, Inkosi Albert Luthuli ICC Complex (Durban ICC), South Africa.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">OCTOBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>3-5 October (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/smartermobility-africa.com\/sma-summit\/\" style=\"\">Smarter Mobility Africa Summit<\/a><\/span><span style=\"font-weight:400;\">, South Africa.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">EVENTS WITH NO SET DATE<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">2H2023: <\/span><span style=\"font-weight:400;\">Construction of Neom\u2019s first hydrogen fueling station will kick off.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2024<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>12-13 February (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/middleeast.breakbulk.com\/home\" style=\"\">Breakbulk Middle East conference<\/a><\/span><span style=\"font-weight:400;\">, Dubai Trade Centre.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>12-15 February (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.africanairexpo.com\/\" style=\"\">African Air Expo<\/a><\/span><span>, <\/span><span style=\"font-weight:400;\">Cape Town. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2025<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>Iraq will complete <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/projects\/construction\/iraq-to-finish-phase-1-of-faw-grand-port-in-2025-r1g2m8qk\" style=\"\">phase one<\/a><\/span><span style=\"font-weight:400;\"> of the construction of the Grand Faw Port.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>DHL and Aramco\u2019s logistics and procurement hub in Saudi Arabia will commence operations.<\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":70085,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-70084","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"b4227299-1b2f-442e-b9a6-e69323226110","teaser":"","photo_url":"https:\/\/ent.news\/2023\/4\/397.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Trade slowdown in 2023 + KSA to privatize logistics and 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