{"id":70238,"date":"2023-04-18T02:15:00","date_gmt":"2023-04-18T02:15:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=70238"},"modified":"2025-12-15T12:26:41","modified_gmt":"2025-12-15T12:26:41","slug":"hassan-allam-utilities-to-launch-logistics-platform-ksa-launches-new-economic-zones","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/hassan-allam-utilities-to-launch-logistics-platform-ksa-launches-new-economic-zones\/","title":{"rendered":"Hassan Allam Utilities to launch logistics platform + KSA launches new economic zones"},"content":{"rendered":"<section id=\"70240\" 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=\"70240\">\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\/18\/today-saudi-arabia-launches-four-economic-zones-clashes-in-sudan-bring-country-to-a-halt\/\">\r\n                            TODAY: Saudi Arabia launches four economic zones + clashes in Sudan bring country to a halt                        <\/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 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data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/682.JPG?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"682.JPG\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/682.JPG?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/682.JPG?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-70240\" class=\"content-area-description single-story post-70240 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-economic-zone tag-enterprise-logistics tag-saudi-arabia tag-what-were-tracking-today 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\/.f9354ef1-7f7c-4496-957e-734064229805.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Good morning, nice people.<\/span><span style=\"\"> We have a packed issue for you this morning with plenty of news<\/span><span style=\"font-weight:400;\"> to catch up on, from diplomatic detentes to new economic zones and logistics parks.<\/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- <\/span><span style=\"font-weight:700\">Saudi Arabia has launched four new Special Economic Zones in the <\/span><span style=\"font-weight:700\">kingdom <\/span><span style=\"\">to reinforce its position as a global investment hub, located in Riyadh, Jazan, Ras al Khair, and King Abdullah Economic City.<\/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\">Supply chain issues see polarized opinions among global finance: <\/span><span>Discussions between finance ministers and central bank governors in Washington have highlighted deep differences in opinions on the best course for the global economy, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-04-14\/global-economic-chiefs-split-over-rich-world-call-for-resilience\" style=\"\">Bloomberg<\/a><\/span><span> reported last week<\/span><span style=\"font-weight:400;\">. G7 leaders talked up the need for more built-in \u201cresilience\u201d in global supply chains, while the IMF warned about \u201cfragmentation\u201d and a bleak outlook for the global economy. <\/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\">Western leaders are calling for measures to centralize supply chains and bring them under their control<\/span><span style=\"font-weight:400;\">, or what US Treasury Secretary Janet Yellen calls \u201cfriendshoring,\u201d Bloomberg reports. On the other hand, IMF chief Kristina Georgieva warns that efforts to promote supply chain resilience risk leading to \u201cfragmentation\u201d in the global economy if they are pursued too aggressively, Bloomberg reports. At the center of that risk is the growing rift between the US and China. Poorer countries are particularly at risk in such a scenario as they would be forced to make difficult decisions on which trade bloc they wish to join. <\/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\">Clashes in Sudan leave hundreds dead, close the country\u2019s airspace:<\/span><span style=\"\">Battles <\/span><span>between the Sudanese army and paramilitary forces continue for the fourth day, despite international efforts to end the fighting, t<\/span><span>he <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bbc.com\/news\/world-africa-65293538\" style=\"\">BBC<\/a><\/span><span> reports.<\/span><span style=\"font-weight:400;\"> More than 100 people have died since Saturday in violence between the army and the Rapid Support Forces paramilitary group. Both sides have claimed to control key parts of the city, including the airport and the presidential palace.<\/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\">All flights to and from Khartoum International Airport have been suspended<\/span><span>, with<\/span><span> flight tracking website <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.flightradar24.com\/15.86,31.89\/4\" style=\"\">Flightradar24 showing<\/a><\/span><span> empty skies over the country. <\/span><span>Several civilian and military aircraft were destroyed at Khartoum International Airport, <\/span><span>according to satellite images shown by the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bbc.com\/news\/live\/world-africa-65285254\" style=\"\">BBC<\/a><\/span><span>. A commercial aircraft belonging to KSA carrier Saudia was also struck by gunfire while on the airport\u2019s tarmac, according to <\/span><span>a report by <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/english.alarabiya.net\/News\/saudi-arabia\/2023\/04\/15\/Saudia-aircraft-damaged-by-gunfire-in-Sudan-cabin-crew-safe\" style=\"\">Al Arabiya<\/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=\"\"><a id=\"wwtt3\"><\/a> <\/span><span style=\"font-weight:700\">Dubai\u2019s Floating Bridge will be closed to traffic for five weeks as of yesterday to <\/span><span style=\"font-weight:700\">make way for major maintenance work<\/span><span>, according to a Road Transport Authority (RTA) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.rta.ae\/wps\/portal\/rta\/ae\/home\/news-and-media\/all-news\/NewsDetails\/floating-bridge-to-close-for-5-weeks-for-maintenance-2023?lang=en\" style=\"\">statement<\/a><\/span><span style=\"font-weight:400;\">. Traffic will be rerouted along alternative routes including Al Maktoum Bridge, Infinity Bridge, and Al Garhoud Bridge among other roads and crossings, the press release added. <\/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<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\">WATCH THIS SPACE- Egyptian Prime Minister Moustafa Madbouly discussed <\/span><span style=\"font-weight:700\">proposals to facilitate investment procedures concerning cross-border trade <\/span><span>with Egypt\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.gafi.gov.eg\/English\/Pages\/default.aspx\" style=\"\">General Authority for Investment and Freezones<\/a><\/span><span> (GAFI), in a bid to attract more foreign and local investments to support the local economy, according to an Egyptian <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02H8xPQ2nqSSzUH5vHgCKrKuPhHdn3moA6fanASTRRyZfz3nGwUV5gbHKkS9gbMy7wl\" style=\"\">cabinet statement<\/a><\/span><span style=\"font-weight:400;\">. GAFI CEO Hossam Heiba discussed with Madbouly the possibility of integrating local data with international data systems to provide detailed, electronic data for shipments through carrier companies. The two also discussed facilitating customs release procedures for freezone projects, the statement added.<\/span><\/p>\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- Tunisia\u2019s trade deficit narrowed 12% y-o-y in 1Q 2023<\/span><span> to c.TND 3.85 bn, according to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"http:\/\/ins.tn\/en\/statistiques\/50\" style=\"\">data<\/a><\/span><span> published by Tunisia\u2019s National Institute of Statistics (INS). This came on the back of a 10.9% y-o-y uptick in exports to TND 15.6 bn, outpacing a 5.5% rise in imports, the INS said in a note picked up by Tunisian state news agency <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.tap.info.tn\/en\/Portal-Economy\/16181650-trade-deficit\" style=\"\">Agence Tunis Afrique Presse<\/a><\/span><span>.<\/span><span> M<\/span><span>echanical and electrical industries accounted for the biggest share (18.8%) of the country\u2019s exports, followed by textiles and clothing at 17.8%, and the food industry at 8.2%, according to the data. Exports to the EU, which make up 72.3% of Tunisia\u2019s exports, rose 16.3% y-o-y during the quarter, while imports from the bloc rose 2.8% y-o-y to TND 8.5 bn.<\/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- Dubai has processed a record 7 mn customs transactions in 1Q <\/span><span style=\"font-weight:700\">2023<\/span><span>, <\/span><span style=\"\">Dubai Customs Director General and CEO of the Ports, Customs and Freezone Corporation <\/span><span style=\"\">Ahmed Mahboob Musabih said, according to <\/span><span>UAE state news agency <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/wam.ae\/en\/details\/1395303148462\" style=\"\">Wam<\/a><\/span><span style=\"font-weight:400;\">. The authority also handled 112 cases of intellectual property disputes involving 9.6 mn  counterfeit goods worth AED 28.85 mn in the quarter, Wam reported.<\/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- Saudi\u2019s Mawani reported a 21.14% y-o-y increase in handling <\/span><span style=\"font-weight:700\">container volumes to 693.5k TEUs in March<\/span><span>, according to a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/mawani.gov.sa\/en-us\/MediaCenter\/NewsCenter\/Pages\/Saudi-Ports-Log-21.14-Growth-in-March-Container-Numbers-.aspx\" style=\"\">press release<\/a><\/span><span style=\"font-weight:400;\">. Exports in March rose c.18% y-o-y to 195.5 TEUs, while imports grew 37% y-o-y to 224.2 TEUs in March. Transshipments also rose 13% y-o-y to 274.8 TEUs were recorded during the month, whereas total cargo volumes for the month rose 5.8% y-o-y to 26 mn tons. <\/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<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\">            Get <b style=\"font-weight: 700\">Enterprise<\/b> daily          <\/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>      <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">COME TO OUR NEXT ENTERPRISE FORUM- <\/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;\"><a href=\"https:\/\/exportsfdi.enterprise.press\/registration.html\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/632.jpg?ssl=1\"\/><\/a><\/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 Enterprise Exports & FDI Forum, our latest industry-specific conference, is taking place on Monday, 15 May at Four Seasons, Nile Plaza. <\/span><span style=\"font-weight:400;\">The Enterprise Exports & FDI Forum will give insiders and newcomers alike the chance to talk about how to develop an export-centered business and how their companies can help us build an export-led economy that makes us a magnet for foreign direct investment (FDI).<\/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\u2019s the Enterprise Exports & FDI Forum?<\/span><span style=\"\"> In the wake of successive floats of EGP, exports and FDI have never been more important to our economy \u2014 or our businesses. We\u2019re gathering some of the CEOs, top execs from local companies and multinationals, investors, bankers and finance folks to speak on how businesses can adapt their strategies to be export-oriented and what we as a country can do to draw foreign investment and much-needed FX.<\/span><span style=\"font-weight:700\"> Expect it to be heavy on lessons learned in Egypt and other global growth markets \u2014 and lots of success stories. <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/exportsfdi.enterprise.press\/index.html#aboutSection\" style=\"\">You can learn more on our conference website here<\/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\">Some of the biggest names in business and finance are on board \u2014 are you? <\/span><span style=\"\">If you\u2019re a C-suite exec, business owner, DFI staff, export executive, investor or banker, please <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/exportsfdi.enterprise.press\/registration.html\" style=\"\">fill out the form here<\/a><\/span><span style=\"font-weight:400;\"> to signal your interest, letting us know your name, title, and where you work.<\/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\">WANT TO BECOME A COMMERCIAL PARTNER?<\/span><span style=\"\"> Ping a note to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"mailto:mtaalab@inktankir.com\" style=\"\">Moustafa, our head of commercial, here<\/a><\/span><span style=\"\">.<\/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     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                <\/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\/18\/saudi-arabia-launches-four-new-sezs\/\" 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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       <\/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\/18\/saudi-arabia-launches-four-new-sezs\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/635.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"70244\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/04\/18\/saudi-arabia-launches-four-new-sezs\/635-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/635.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"635.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/635.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/635.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-70243\" class=\"content-area-description single-story post-70243 post type-post status-publish format-standard has-post-thumbnail hentry category-zones tag-economic-zone tag-enterprise-logistics tag-investment tag-port tag-saudi-arabia tag-zones 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\/.704ccbfa-623c-4eb8-8cac-683728d01351.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 has launched four new Special Economic Zones (SEZ) in the <\/span><span style=\"font-weight:700\">kingdom <\/span><span style=\"\">to reinforce its position as a global investment hub, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.spa.gov.sa\/viewstory.php?lang=en&newsid=2443874\" style=\"\">the Saudi Press Agency<\/a><\/span><span style=\"font-weight:400;\"> reported last week. The four zones will be located in Riyadh, Jazan, Ras al Khair, and King Abdullah Economic City.<\/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\">Incentives for investors:<\/span><span style=\"\"> Investors with companies operating in the zones benefit from fiscal and legislative incentives, including competitive tax rates, exemptions from customs duties on imports, full foreign ownership, streamlined administrative procedures, and less rigidity on regulations governing the employment of foreign workers, <\/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=2443907\" style=\"\">SPA<\/a><\/span><span style=\"font-weight:400;\"> reported separately. <\/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 they said:<\/span><span style=\"font-weight:400;\"> The new SEZs will \u201csignificantly impact how business is done in the country, create tens of thousands of jobs, and contribute bns of riyals to our GDP,\u201d Prince Mohammad bin Salman is quoted as saying. It will also help provide tremendous opportunities to develop the local economy and \u201clocalize supply chains,\u201d bin Salman added.<\/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 new zones will be distributed strategically across KSA and will each be specialized in specific industries<\/span><span style=\"font-weight:400;\">, SPA added.<\/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- King Abdullah Economic City (KAEC) SEZ: <\/span><span style=\"font-weight:400;\">The 60-square-kilometer zone will specialize in manufacturing and logistics, including automobile supply chain and assembly, consumer goods, ICT and medtech. Located less than 90 km from Jeddah Airport, the new zone will have easy access to global trade through the airport. Furthermore, EV giant Lucid is slated to produce 150k EVs per annum from a new base at KAEC, SPA reported.<\/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- Jazan SEZ:<\/span><span style=\"\"> Located in the kingdom\u2019s southwest corner, Jazan SEZ is w<\/span><span style=\"\">ithin easy access of the large and well-equipped regional port of Jazan, which is the largest in the kingdom for the export of goods and import of raw materials<\/span><span style=\"\"> an<\/span><span>d <\/span><span>livestock<\/span><span>.<\/span><span style=\"font-weight:400;\"> This zone will target trade with \u201cfast growing markets in Asia and Africa,\u201d SPA said. The zone will benefit from access to natural and industrial resources, and will provide avenues for the manufacture, processing, and distribution of foodstuffs due to its location in the fertile region of the kingdom.<\/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- Ras Al-Khair SEZ: <\/span><span style=\"font-weight:400;\">Located along the Arabian Gulf in KSA\u2019s Eastern province, the SEZ is lined up to become a major platform and launchpoint for the region\u2019s maritime industry. Shipbuilding and maintenance, as well as offshore drilling and maritime support services will comprise the focus of the new SEZ. 40% of investments at the new zone have already been accounted for, according to SPA.<\/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\">#4 Cloud Computing SEZ: <\/span><span style=\"\">L<\/span><span style=\"font-weight:400;\">ocated within Riyadh\u2019s King Abdulaziz City for Science and Technology (KACST), this zone is positioned to \u201cserve as a hub for emerging and disruptive technologies,\u201d SPA reported. The zone is built on a \u201chybrid model\u201d that allows investors to establish data centers and cloud computing infrastructure in locations across the kingdom. <\/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\/economic-zone\/\">economic zone<\/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\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/zones\/\">ZONES<\/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=\"70245\" 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=\"70245\">\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\">Investment Watch<\/p>\r\n                    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src=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/675.png?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"70246\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/04\/18\/hassan-allam-utilities-and-ap-moller-capital-to-launch-logistics-platform-to-boost-egypts-storage-capacity\/675-png\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/675.png?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"675.png\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/675.png?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/675.png?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-70245\" class=\"content-area-description single-story post-70245 post type-post status-publish format-standard has-post-thumbnail hentry category-investment-watch tag-ap-moller-capital tag-egypt tag-enterprise-logistics tag-hassan-allam-utilities tag-investment-watch tag-logistics tag-warehousing 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\/.216241a1-86c2-4ea9-b375-603f34e2b9b3.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\">Hassan Allam Utilities + AP Moller Capita<\/span><span style=\"\">l <\/span><span style=\"font-weight:700\">to launch integrated logistics platform: <\/span><span style=\"\">Our friends at <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.hassanallam.com\/media-centre\/News\/details\/H-A-Utilities\" style=\"\">Hassan Allam Utilities<\/a><\/span><span style=\"\"> \u2014<\/span><span style=\"\"> the investment and development arm of Hassan Allam Holding \u2014 and <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/apmollercapital.com\/en\/\" style=\"\">AP Moller Capital<\/a><\/span><span style=\"\"> have agreed to launch an integrated logistics platform for warehousing and handling services in Egypt under a strategic partnership, the company said in a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/4\/PressReleaseHassanAllamUtilities_669.pdf\" style=\"\">press release (pdf)<\/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 details: <\/span><span style=\"font-weight:400;\">The platform will offer air cargo handling facilities, logistics and distribution centers, integrated warehousing parks, inland dry ports, and terminals. It will focus mainly on the development of warehousing capacity across Egypt to support the country\u2019s long-term plans to expand its storage capacity for agricultural products and enhance food security, according to the statement.<\/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 partnership aims to attract c.USD 200 mn of direct investments <\/span><span style=\"font-weight:400;\">in Egypt\u2019s logistics, airfreight, and warehouses sector, which will contribute to increasing trade flows, the statement said. The platform will \u201ccontribute to increasing trade flows and providing a stable and secure supply of critical products such as food and [pharma products],\u201dsaid AP Moller Capital Senior Partner Lars Jakobsen.<\/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\">More logistics parks: <\/span><span style=\"font-weight:400;\">Hassan Allam Utilities plans to develop logistics parks across Egypt as part of the platform through further partnerships with global players, Chairman Amr Allam said.<\/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\">Hassan Allam Utilities has been making strides across Egypt\u2019s logistics sector:<\/span><span style=\"\"> The company formed a joint venture, dubbed <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/78427c1f-7310-4080-8554-81c3c45cc908\" style=\"\">Yanmu<\/a><\/span><span style=\"\">, with Kuwait\u2019s Agility last month to set up and operate logistics parks in Egypt. It was also awarded two projects by Egypts <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"http:\/\/www.itda.gov.eg\/\" style=\"\">Internal Trade and Development Authority<\/a><\/span><span style=\"\"> (ITDA), i<\/span><span style=\"\">n <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.hassanallam.com\/media-centre\/News\/details\/Hassan-Allam-Utilities-Agility-Team-Up-to-Build-World-Class-Logistics-Parks-in-Egypt\" style=\"\">September<\/a><\/span><span style=\"\"> to develop and operate strategic warehouses in Luxor and Sharqi<\/span><span style=\"font-weight:400;\">a.<\/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\">About Hassan Allam Utilities: <\/span><span style=\"\">Established in 2017 as the investment and development arm of construction giant <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.hassanallam.com\/\" style=\"\">Hassan Allam Holding<\/a><\/span><span style=\"font-weight:400;\">, the company targets opportunities addressing the clean energy market for infrastructure services in Egypt and the region. Its investment and development efforts are focused on sustainable infrastructure, particularly in renewable energy, water, logistics, mobility, and social infrastructure. <\/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\/ap-moller-capital\/\">AP Moller Capital<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/hassan-allam-utilities\/\">Hassan Allam Utilities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/investment-watch\/\">INVESTMENT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/logistics\/\">logistics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/warehousing\/\">warehousing<\/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=\"70247\" 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=\"70247\">\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\">Aviation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/04\/18\/etihad-cargo-air-canada-qatar-airways-to-begin-operating-new-flights\/\">\r\n                            Etihad Cargo + Air Canada + Qatar Airways to begin operating new flights                        <\/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 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begin operating new flights\">\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=Etihad+Cargo+%2B+Air+Canada+%2B+Qatar+Airways+to+begin+operating+new+flights+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F04%2F18%2Fetihad-cargo-air-canada-qatar-airways-to-begin-operating-new-flights%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\/18\/etihad-cargo-air-canada-qatar-airways-to-begin-operating-new-flights\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/671.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"70248\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/04\/18\/etihad-cargo-air-canada-qatar-airways-to-begin-operating-new-flights\/671-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/671.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"671.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/671.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/671.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-70247\" class=\"content-area-description single-story post-70247 post type-post status-publish format-standard has-post-thumbnail hentry category-aviation tag-air-canada tag-aviation tag-cargo tag-enterprise-logistics tag-etihad-cargo tag-qatar-airways 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\/.3354482c-a8f5-4750-a8ec-c58de50b5d4d.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\">Etihad Airways\u2019 cargo and logistics arm <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.etihadcargo.com\/\" style=\"\">Etihad Cargo<\/a><\/span><span style=\"font-weight:700\"> has signed an MoU with <\/span><span style=\"font-weight:700\">China\u2019s <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.sf-airlines.com\/sfa\/en\/index.html\" style=\"\">SF Airlines<\/a><\/span><span style=\"font-weight:700\"> to begin operating flights via their fleets to each other\u2019s hubs<\/span><span style=\"\">, allowing Etihad to expand its reach into China through SF Airline\u2019s network, according to a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.etihadcargo.com\/en\/news\/etihad-cargo-and-sf-airlines-connect-their-mega-hubs-and-expand-network\" style=\"\">company statement<\/a><\/span><span style=\"font-weight:400;\">. Etihad Cargo will begin operating the flights on 28 April with a Boeing 777 freighter.<\/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=\"font-weight:400;\">The partnership will provide Etihad Cargo\u2019s customers connectivity to 25 domestic destinations in China through SF Airlines' road feeder service trucking network. The UAE-based carrier will use SF Airlines\u2019 Chinese network to transport cargo to other destinations in China \u2014 as well as Hong Kong, Macao and Taiwan \u2014 via its Hubei Province hub. <\/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\">ICYMI:<\/span><span style=\"\"> This move follows the carrier\u2019s launch of an <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.etihadcargo.com\/en\/news\/etihad-cargo-boosts-china-capacity-with-additional-shanghai-freighter-service\" style=\"\">additional direct freighter service<\/a><\/span><span style=\"font-weight:400;\"> to Shanghai in February, which increased the total number of freighter flights per week to eight.<\/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\">About SF Airlines:<\/span><span style=\"font-weight:400;\">SF Airlines is the cargo arm of SF Holding, and operates the largest cargo air fleets in China, according to the statement. <\/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=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/aircanada.com\/\" style=\"\">Air Canada<\/a><\/span><span style=\"font-weight:700\"> will introduce new non-stop flights from Vancouver to Dubai<\/span><span style=\"font-weight:700\">starting <\/span><span style=\"font-weight:700\">28 October<\/span><span style=\"\">, the airline said in a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/media.aircanada.com\/2023-04-13-Marhaba-Air-Canada-to-Launch-New-Vancouver-Dubai-Service\" style=\"\">press release<\/a><\/span><span style=\"font-weight:400;\">. The airline\u2019s Dreamliner fleet will operate the route four times a week. This new service, which is an addition to Air Canada\u2019s current daily flights between Toronto and Dubai, is the first direct air service linking western Canada to the Middle East, the airline said.<\/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\">Greater access via Emirates:<\/span><span style=\"\"> \u201cIn cooperation with our codeshare and frequent flier partner Emirates, our Vancouver-Dubai flights will connect to a multitude of destinations across the Middle East, Indian subcontinent and East Africa in Dubai,\u201d said Air Canada Senior Vice President, Network Planning and Revenue Management Mark Galardo. <\/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\">IN OTHER AVIATION NEWS: <\/span><span style=\"\">Qatar Airways will operate daily flights to Birmingham, England <\/span><span style=\"\">throughout the summer starting 6 July 2023, according to a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.qatarairways.com\/press-releases\/en-WW\/224874-qatar-airways-resumes-services-to-birmingham-england-ahead-of-formula-1-british-grand-prix-2023\" style=\"\">company statement<\/a><\/span><span style=\"font-weight:400;\">. <\/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\/air-canada\/\">Air Canada<\/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\/cargo\/\">CARGO<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/etihad-cargo\/\">Etihad Cargo<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/qatar-airways\/\">Qatar Airways<\/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=\"70249\" 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=\"70249\">\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\">Startup Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/04\/18\/egyptian-trucking-startup-trella-to-wind-down-its-operations-in-pakistan\/\">\r\n                            Egyptian trucking startup Trella to wind down its operations in Pakistan                        <\/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 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Trella to wind down its operations in Pakistan\">\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=Egyptian+trucking+startup+Trella+to+wind+down+its+operations+in+Pakistan+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F04%2F18%2Fegyptian-trucking-startup-trella-to-wind-down-its-operations-in-pakistan%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\/18\/egyptian-trucking-startup-trella-to-wind-down-its-operations-in-pakistan\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/646.png?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"70250\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/04\/18\/egyptian-trucking-startup-trella-to-wind-down-its-operations-in-pakistan\/646-png\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/646.png?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"646.png\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/646.png?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/646.png?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-70249\" class=\"content-area-description single-story post-70249 post type-post status-publish format-standard has-post-thumbnail hentry category-startup-watch tag-egypt tag-enterprise-logistics tag-logistics tag-startup-watch tag-startups tag-trella 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\/.56d285f1-37dd-4230-bd01-c5ce2d03f3c3.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\">Egypt-based trucking startup <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.trella.app\/\" style=\"\">Trella<\/a><\/span><span style=\"font-weight:700\"> is winding down its business in Pakistan <\/span><span style=\"font-weight:700\">due to macroeconomic turmoil <\/span><span style=\"\">in the country,<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-04-13\/trucking-startup-backed-by-maersk-decides-to-exit-pakistan#:~:text=Trucking%20startup%20Trella%20has%20decided,people%20familiar%20with%20the%20matter.\" style=\"\">Bloomberg<\/a><\/span><span style=\"\"> reports, citing sources it says are close to the matter. The company stopped taking new orders last month, Bloomberg\u2019s sources said, adding that it will retain some of its staff for its operations in Egypt, Saudi Arabia, and the UAE. The business information service did not disclose the exact size of the layoffs the move will entail. Trella representatives did not respond when <\/span><span style=\"\">Enterprise Logistics reached out for comment.<\/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 rationale: <\/span><span style=\"\">The sources cited economic turmoil for Trella\u2019s decision to<\/span><span style=\"font-weight:400;\"> discontinue its operations in the country, noting business there would be \u201cunsustainable,\u201d Bloomberg 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\">Background: <\/span><span style=\"\">Pakistan has been facing economic headwinds for years, and has seen multiple <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.fitchratings.com\/research\/sovereigns\/fitch-downgrades-pakistan-to-ccc-14-02-2023\" style=\"\">downgrades<\/a><\/span><span style=\"\"> by rating agencies due to the delay in its IMF loan program. The country has also restricted imports due to an FX shortage, devalued its currency by a third of its value, and doubled fuel prices in the past year, all of which impacted the trucking sector in the country. Trella <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/blog.trella.app\/expansion\/trella-in-pakistan-the-land-of-trucking-opportunity\/\" style=\"\">entered Pakistan in 2020<\/a><\/span><span style=\"font-weight:400;\">, at the time citing its \u201chigh-performing and efficient\u201d logistics industry.<\/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\">It\u2019s not just Trella: <\/span><span style=\"\">Other e-commerce and delivery startups have grappled with the economic headwinds hitting the country. Egyptian transport startup <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.arabnews.pk\/node\/2095351\/pakistan\" style=\"\">Swvl<\/a><\/span><span style=\"\"> suspended its intra-city rides in the country last year, while <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/propakistani.pk\/2022\/06\/02\/careem-suspends-its-food-delivery-service-due-to-economic-instability\/\" style=\"\">Careem<\/a><\/span><span style=\"\"> suspended its food delivery service due to economic instability. Homegrown e-commerce startup <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-09-12\/how-a-startup-folded-just-a-year-after-raising-85-million?leadSource=uverify%20wall\" style=\"\">Airlift<\/a><\/span><span style=\"font-weight:400;\">also met its demise and went bust following covid-19 and the pressures of tech valuations.<\/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\">About Trella:<\/span><span style=\"\"> Founded in <\/span><span style=\"\">201<\/span><span style=\"\">8, Trella is a B2B freight platform that connects shippers to carriers, <\/span><span>allowing<\/span><span> shippers to improve load utilization while providing transparency on pricing. The company allows carriers to track shipments and keeps an eye on transportation trends and performance through reports. T<\/span><span style=\"\">rella raised <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/blog.trella.app\/funds\/trella-closes-us42-million-funding-round\/\" style=\"\">USD 42 mn<\/a><\/span><span style=\"\"> in 2021 from investors including Maersk Growth, the corporate venture arm of AP Moller-Maersk<\/span><span style=\"font-weight:400;\">. Aside from Pakistan, the startup operates in Egypt, Saudi Arabia, and the UAE.<\/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\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/logistics\/\">logistics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/startup-watch\/\">STARTUP WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/startups\/\">startups<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trella\/\">Trella<\/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=\"70251\" 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=\"70251\">\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\">MARITIME<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a 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data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/04\/18\/adnocs-logistics-unit-adds-5-new-gas-carriers-to-its-fleet-asyad-announces-2-additions-to-its-maritime-capabilities\/639-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/639.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"639.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/639.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/639.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-70251\" class=\"content-area-description single-story post-70251 post type-post status-publish format-standard has-post-thumbnail hentry category-maritime tag-enterprise-logistics tag-logistics tag-maritime 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\/.8a924499-2e13-41f5-a2a7-62b18f4ec1ad.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\">Adnoc L&S expands its gas carrier fleet with new VLGCs:<\/span><span style=\"\"> State-owned Abu Dhabi <\/span><span>National Oil Company\u2019s (Adnoc) shipping and maritime logistics arm, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.adnoc.ae\/en\/adnoc-ls\" style=\"\">Adnoc L&S<\/a><\/span><span>,<\/span><span> has added five new-build Very Large Gas Carriers (VLGC) to its fleet, the company said in a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.adnoc.ae\/en\/news-and-media\/press-releases\/2023\/adnoc-l-and-s-expands-its-shipping-fleet-with-deployment-of-five-very-large-gas-carriers\" style=\"\">press release<\/a><\/span><span> last week<\/span><span>. The carriers will be owned and operated by AW Shipping, an Adnoc L&S JV with <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/en.whchem.com\/\" style=\"\">Wanhua Chemical Group<\/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\">What will the carriers be used for?<\/span><span> The carriers will be used to transport <\/span><span>liquified<\/span><span> petroleum gas (LPG) sourced from Adnoc and other global suppliers to Wanhua\u2019s manufacturing bases in China and across the world. The AW shipping JV was formed in <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.adnoc.ae\/en\/news-and-media\/press-releases\/2020\/adnoc-lns-and-wanhua-chemical-group-form-strategic-shipping-joint-venture\" style=\"\">2020<\/a><\/span><span> to support <\/span><span style=\"font-weight:400;\">a 10-year LPG supply contract signed between the two companies in 2018, the statement said. <\/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=\"font-weight:400;\"> The five carriers \u2014 Al Ain, Zakher, Rabdan, Al Salam, and Baynounah \u2014 were built at Jiangnan Shipyard in Shanghai. Each has a capacity of 86k cubic meters, and are equipped with dual-fuel engine technology, using LPG as their primary fuel source, the statement said. This makes them among the lowest-emission vessels of this type, it added.<\/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 they said:<\/span><span style=\"font-weight:400;\"> \u201cThe addition of these new-build, lower-emission vessels to Adnoc L&S\u2019 growing fleet of over 800 owned, operated and chartered vessels, represents another important milestone as we bolster our capacity to capitalize on growing global energy demand,\u201d Adnoc L&S CEO Abdulkareem Al Masabi said. \u201cNatural gas is playing an increasingly important role in the global energy landscape and Adnoc L&S is expanding its gas fleet to serve customer demand, while reducing the carbon intensity of our vessels.\u201d<\/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\">More VLGCs to come:<\/span><span style=\"font-weight:400;\"> Jiangnan Shipyard is building LNG carriers for Adnoc L&S, scheduled to be delivered in 2025 and 2026, according to the statement. <\/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\">Asyad Line acquires new vessel + doubles frequency of India-GCC service:<\/span><span>Oman-based <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/asyad.om\/ports\/direct-lines\" style=\"\">Asyad Line<\/a><\/span><span> (ASL)<\/span><span>, part of logistics firm Asyad Group, is also adding a brand new 2.8k-TEU vessel to its commercial fleet, and is increasing the frequency of one of its flagship lines linking India with the GCC, it said in a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/asyad.om\/who-we-are\/media-center\/news\/2023\/04\/12\/asyad-line-bolsters-shipping-capabilities-to-meet-global-demand\" style=\"\">press release<\/a><\/span><span>.<\/span><span>  The new vessel ASL acquired has a capacity of 2.8k TEU, the statement said, without disclosing further details. <\/span><span style=\"font-weight:400;\">ASL has also doubled the frequency of its India Express Service service \u2014 connecting major GCC and Indian ports \u2014 to four sailings per month, up from two per month, as a response to increasing global and regional demand, according to the statement. <\/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\">About IEX:<\/span><span style=\"\"> The IEX Service provides a direct route connecting Oman\u2019s ports to India\u2019s, going through Sohar Port, Dubai\u2019s Jebel Ali, Qatar\u2019s Hamad Port, and Saudi Arabia\u2019s King Abdul Aziz Port in Dammam, as well as Mundra, Nhava Sheva and Hazira ports in India. <\/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\/logistics\/\">logistics<\/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                            <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=\"70253\" 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=\"70253\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Earnings Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/04\/18\/qatars-nakilat-sees-marginal-net-income-revenue-growth-in-1q2023\/\">\r\n                            Qatar\u2019s Nakilat sees marginal net income + revenue growth in 1Q2023                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div 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-->\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\/18\/qatars-nakilat-sees-marginal-net-income-revenue-growth-in-1q2023\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/633.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"70254\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/04\/18\/qatars-nakilat-sees-marginal-net-income-revenue-growth-in-1q2023\/633-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/633.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"633.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/633.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/633.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-70253\" class=\"content-area-description single-story post-70253 post type-post status-publish format-standard has-post-thumbnail hentry category-earnings-watch tag-earnings tag-earnings-watch tag-enterprise-logistics tag-nakilat tag-qatar 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\/.7f9bf398-12e0-432c-bc17-464d7d0f768e.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\">Qatar\u2019s <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.nakilat.com\/company-overview\/\" style=\"\">Nakilat<\/a><\/span><span style=\"font-weight:700\"> reports growth in net income: <\/span><span style=\"\">Qatari liquified natural gas <\/span><span style=\"\">(LNG) shipping company Nakilat, reported a 3.6% <\/span><span style=\"\">y-o-y<\/span><span style=\"\"> rise in net income to QAR 396 in 1Q 2023, according to the company\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/4\/EN-Q1-Results-PRL-2023-final_637.pdf\" style=\"\">e<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/4\/EN-Q1-Results-PRL-2023-final_637.pdf\" style=\"\">arnings release (pdf)<\/a><\/span><span style=\"\">. <\/span><span style=\"\">Total revenues for the quarter rose 5.3% y-o-y to QAR 1.12 bn, <\/span><span style=\"\">according to the company\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/4\/Nakilat%20Unaudited%20financial%20statment_640.pdf\" style=\"\">unaudited financial statements (pdf)<\/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\">Net income was boosted by growing demand + effective cost management\u2026: <\/span><span style=\"\">The company attributed the increase in net income to the company\u2019s \u201ccontinued focus on operational efficiency, effective cost management, and robust market demand for its LNG shipping services.\u201d The financial statements also show a 7.9% boost in income from joint venture operations to reach QAR 171 mn during the quarter. Sales from the company\u2019s fully-owned ships also garnered QAR 878 mn in 1Q, an increase of a little under 1% y-o-y.<\/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\">\u2026which helped offset the rise in operating expenses: <\/span><span style=\"\">Operating expenses rose 5% y-o-y to QAR 194 mn during the quarter, according to the company\u2019s financials.<\/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\/earnings\/\">earnings<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/earnings-watch\/\">EARNINGS WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/nakilat\/\">Nakilat<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/qatar\/\">Qatar<\/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=\"70255\" 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=\"70255\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/04\/18\/regional-detentes-could-see-a-boost-in-trade\/\">\r\n                            Regional detentes could see a boost in trade                        <\/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 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src=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/672.jpeg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"70256\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/04\/18\/regional-detentes-could-see-a-boost-in-trade\/672-jpeg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/672.jpeg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"672.jpeg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/672.jpeg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/672.jpeg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-70255\" class=\"content-area-description single-story post-70255 post type-post status-publish format-standard has-post-thumbnail hentry category-diplomacy tag-diplomacy tag-enterprise-logistics tag-syria tag-trade 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\/.87a4c2bb-c42a-4e89-9f12-6c51225cd4f5.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\">Tunisia and Syria have agreed to restore diplomatic ties <\/span><span style=\"\">amid a wider regional detente<\/span><span style=\"\">, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.dw.com\/en\/tunisia-syria-resume-diplomatic-ties-after-almost-11-years\/a-65289410\" style=\"\">DW<\/a><\/span><span style=\"\"> reports. <\/span><span style=\"\">Tunisia is the latest country in the region to restore ties with the Assad regime, following Oman, which did so earlier this year, and the UAE, which resumed diplomatic ties in 2018. <\/span><span style=\"\">Syria<\/span><span> will appoint an ambassador at a reopened diplomatic mission in <\/span><span>Tunisia<\/span><span style=\"font-weight:400;\">, according to a joint statement picked up by DW. <\/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\">Not everyone is on the normalization boat, however<\/span><span style=\"\">, the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ft.com\/content\/833b4e54-571f-4950-94f0-d94b5fe9582a\" style=\"\">Financial Times<\/a><\/span><span style=\"font-weight:400;\"> reports.   Qatar, Kuwait, and Jordan, have pushed back, saying that Bashar Al Assad has done nothing to redeem himself, according to the FT. The opposition camp is also frustrated with the Assad regime for allegedly providing a gateway for the trade of narcotics in the region. The US is also opposed to a normalization of ties between Syria and its fellow Arab states, Al Arabiya reported, citing statements made by White House spokesperson. <\/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\">Qatar and Bahrain have also agreed to restore diplomatic relations, <\/span><span style=\"\">according to a <\/span><span style=\"\">statement from Qatar\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/mofa.gov.qa\/en\/all-mofa-news\/details\/1444\/09\/21\/qatari-bahraini-follow-up-committee-holds-its-second-meeting-in-riyadh\" style=\"\">Ministry of Foreign Affairs<\/a><\/span><span style=\"\">. The countries are taking this step as a precursor to developing bilateral trade, the statement said. Bahrain follows moves from Saudi Arabia, Egypt and the UAE to normalize relations with <\/span><span style=\"\">Qatar<\/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\">Egypt and Turkey will soon reappoint ambassadors and formally reestablish <\/span><span style=\"font-weight:700\">diplomatic ties<\/span><span> following a decade of hostilities, Turkish Foreign Minister Mevlut Cavusoglu said at a presser in Ankara Thursday with his Egyptian counterpart Sameh Shoukry (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/youtu.be\/xQXldtXFTxg?t=400\" style=\"\">watch, runtime: 6:40<\/a><\/span><span>). Following their <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/993d22a8-9a19-4c9e-a8aa-9c4f36b51156\" style=\"\">third round of talks<\/a><\/span><span style=\"font-weight:400;\"> in as many months, the two diplomats agreed to collaborate on developing and strengthening a combined military force in Libya, as well as developing a timeline for holding elections in the country, easing a key source of tensions between the two rivals.<\/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\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/syria\/\">Syria<\/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=\"70257\" 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=\"70257\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/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\/18\/airplane-shortages-face-another-hit-from-boeing\/\">\r\n                            Airplane shortages face another hit from Boeing                        <\/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\/18\/airplane-shortages-face-another-hit-from-boeing\/\" 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 737 family accounted for two-thirds of Boeing\u2019s 1Q 2023 revenues, and the issue led to the company\u2019s stock to experience its steepest decline in more than six months. <\/span><span>The company has faced a string of production issues as of late, as it looks to ramp up production of its best-selling plane amid a rebound in travel. <\/span><span style=\"\">(<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.cnbc.com\/2023\/04\/13\/boeing-warns-of-reduced-737-max-production-and-deliveries-due-to-parts-issue.html\" style=\"\">CNBC<\/a><\/span><span style=\"\"> | <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-04-15\/boeing-s-new-737-woes-are-an-ugly-plot-twist-in-a-comeback-tale?srnd=industries-transportation&leadSource=uverify%20wall\" style=\"\">Bloomberg<\/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\">Airlines are repurposing parts from older aircrafts as they wait for new jets: <\/span><span style=\"\">As the <\/span><span style=\"\">summer travel season approaches, airlines are on the hunt for aircraft parts, as new planes from Boeing and Airbus remain in short supply, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.cnbc.com\/2023\/04\/13\/airplane-parts-recycling-booms-as-airlines-wait-on-new-jets.html\" style=\"\">CNBC<\/a><\/span><span style=\"\"> reports. The shortage is spurred by a scramble for labor, which is in shortage since airlines shed workers during the pandemic. To meet demand, some aircraft owners are tur<\/span><span style=\"font-weight:400;\">ning to retired planes for parts, the newswire reports.<\/span><\/p>\n<ul>\n<li><span style=\"font-weight:700\">Hong Kong International Airport (HKIA) was the world's busiest cargo <\/span><span style=\"font-weight:700\">airport in 2022<\/span><span>, handling 4.2 mn tons of cargo during the year. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.aci-asiapac.aero\/media-centre\/news\/hkia-named-the-world-s-busiest-cargo-airport-in-2022#:~:text=Hong%20Kong%20International%20Airport%20(HKIA,Airports%20Council%20International%20(ACI).\" style=\"\">Airports Council International<\/a><\/span><span style=\"font-weight:400;\">)<\/span><\/li>\n<li><span style=\"font-weight:700\">Piracy hits three-decade low in 1Q 2023: <\/span><span style=\"\">Piracy incidents in 1Q 2023 were <\/span><span>at their lowest since 1993, with 27 reported incidents during the quarter, down from 37 during the same period last year, according to data from the ICC International Maritime Bureau. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.seatrade-maritime.com\/piracy\/q1-piracy-hits-30-year-low\" style=\"\">Seatrade Maritime<\/a><\/span><span style=\"font-weight:400;\">) <\/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\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/boeing\/\">Boeing<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"70259\" 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=\"70259\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/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\/18\/bahrain-to-overhaul-data-center-infrastructure-acelen-invests-usd-2-5-bn-in-renewable-diesel-plus-sczone-makes-plans-for-digitization-abu-dhabi-opens-new-bridge\/\">\r\n                            Bahrain to overhaul data center infrastructure + Acelen invests USD 2.5 bn in renewable diesel. PLUS: SCZone makes plans for digitization, Abu Dhabi opens new bridge                        <\/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\/18\/bahrain-to-overhaul-data-center-infrastructure-acelen-invests-usd-2-5-bn-in-renewable-diesel-plus-sczone-makes-plans-for-digitization-abu-dhabi-opens-new-bridge\/\" 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\/18\/bahrain-to-overhaul-data-center-infrastructure-acelen-invests-usd-2-5-bn-in-renewable-diesel-plus-sczone-makes-plans-for-digitization-abu-dhabi-opens-new-bridge\/')\">\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\/18\/bahrain-to-overhaul-data-center-infrastructure-acelen-invests-usd-2-5-bn-in-renewable-diesel-plus-sczone-makes-plans-for-digitization-abu-dhabi-opens-new-bridge\/\">\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=Bahrain to overhaul data center infrastructure + Acelen invests USD 2.5 bn in renewable diesel. PLUS: SCZone makes plans for digitization, Abu Dhabi opens new bridge&url=https:\/\/enterpriseam.com\/logistics\/2023\/04\/18\/bahrain-to-overhaul-data-center-infrastructure-acelen-invests-usd-2-5-bn-in-renewable-diesel-plus-sczone-makes-plans-for-digitization-abu-dhabi-opens-new-bridge\/\">\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\/18\/bahrain-to-overhaul-data-center-infrastructure-acelen-invests-usd-2-5-bn-in-renewable-diesel-plus-sczone-makes-plans-for-digitization-abu-dhabi-opens-new-bridge\/&title=Bahrain to overhaul data center infrastructure + Acelen invests USD 2.5 bn in renewable diesel. PLUS: SCZone makes plans for digitization, Abu Dhabi opens new bridge\">\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=Bahrain+to+overhaul+data+center+infrastructure+%2B+Acelen+invests+USD+2.5+bn+in+renewable+diesel.+PLUS%3A+SCZone+makes+plans+for+digitization%2C+Abu+Dhabi+opens+new+bridge+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F04%2F18%2Fbahrain-to-overhaul-data-center-infrastructure-acelen-invests-usd-2-5-bn-in-renewable-diesel-plus-sczone-makes-plans-for-digitization-abu-dhabi-opens-new-bridge%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\/18\/bahrain-to-overhaul-data-center-infrastructure-acelen-invests-usd-2-5-bn-in-renewable-diesel-plus-sczone-makes-plans-for-digitization-abu-dhabi-opens-new-bridge\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/683.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"70260\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/04\/18\/bahrain-to-overhaul-data-center-infrastructure-acelen-invests-usd-2-5-bn-in-renewable-diesel-plus-sczone-makes-plans-for-digitization-abu-dhabi-opens-new-bridge\/683-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/683.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"683.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/683.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/683.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-70259\" class=\"content-area-description single-story post-70259 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-acelen tag-also-on-our-radar tag-aviation tag-bahrain tag-data-center tag-economic-zone tag-egypt tag-enterprise-logistics tag-suez-canal-economic-zone 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\/.5de903d4-e705-4354-ad02-083a423fc8b0.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=\"font-weight:700\">Mubadala Capital\u2019s energy subsidiary <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.acelen.com.br\/\" style=\"\">Acelen<\/a><\/span><span style=\"font-weight:700\"> plans to invest USD 2.5 bn to <\/span><span style=\"font-weight:700\">produce renewable diesel and sustainable aviation kerosene<\/span><span> in Brazil\u2019s north-eastern state of Bahia, according to a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.acelen.com.br\/comunicacao\/acelen-inova-em-combustiveis-renovaveis-e-investira-mais-de-r-12-bi\/\" style=\"\">statement<\/a><\/span><span style=\"font-weight:400;\">. Construction on the biorefinery will begin \u201cas early as\u201d January 2024, with an eye to start production in 2026. The biorefinery will have the capacity to produce 1 bn liters per year of hydrotreated vegetable oil (HVO), a low-emission diesel-like fuel made from vegetable oils and animal fat. Output will be slated for export due to considerable global demand for clean fuels.<\/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 CENTERS- <\/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\">Bahrain becomes first country in MENA region to implement a multi-cloud system <\/span><span style=\"font-weight:700\">in the public sector: <\/span><span style=\"\">Bahrain\u2019s Information & eGovernment Authority (iGA) launched a project to upgrade its private data center infrastructure, making Bahrain the first country in the region to adopt a hybrid cloud system in the public sector, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bna.bh\/en\/news?cms=q8FmFJgiscL2fwIzON1%2BDuifwoHe0Fmxa66okKjOXz0%3D\" style=\"\">Bahrain News Agency<\/a><\/span><span style=\"\"> reports. The project will help improve efficiency and the government\u2019s ability to host government systems and services, and will include the development of a disaster recovery data center for emergency response and a national backup system to ensure that the government\u2019s data network operates smoothly. The iGA is collaborating with US-based cloud computing and virtualization technology company <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.vmware.com\/\" style=\"\">VMware<\/a><\/span><span style=\"font-weight:400;\">on the project. <\/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\">TRANSPORT-<\/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\">Abu Dhabi has opened a new bridge linking East and West Bani Yas<\/span><span style=\"\">, reducing <\/span><span style=\"\">the <\/span><span>journey time between the two areas by around 73%, according to a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.dmt.gov.ae\/Media-Centre\/News\/New-bridge-linking-Bani-Yas-East-and-Bani-Yas-West\" style=\"\">statement<\/a><\/span><span> from the emirate\u2019s Municipalities and Transport department. The bridge <\/span><span style=\"\">accommodates<\/span><span style=\"font-weight:400;\"> some 1.4k vehicles per hour from Al Ain E22 road and around 1.1k vehicles per hour traveling from East or West Bani Yas. <\/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;\">ZONES-<\/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\">SCZone inks agreement with ITDA on digitization:<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/sczone.eg\/\" style=\"\">Egypt\u2019s Suez Canal Economic Zone<\/a><\/span><span style=\"\"> (SCZone) has signed a protocol with the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"http:\/\/www.itda.gov.eg\/\" style=\"\">Internal Trade Development of Authority<\/a><\/span><span> to improve the quality of its services through digitization, according to a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/sczone.eg\/ar\/%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF%D9%8A%D8%A9-%D9%82%D9%86%D8%A7%D8%A9-%D8%A7%D9%84%D8%B3%D9%88%D9%8A%D8%B3-%D8%AA%D9%88%D9%82%D8%B9-%D8%A8%D8%B1%D9%88%D8%AA%D9%88%D9%83%D9%88%D9%84-%D8%AA%D8%B9\/\" style=\"\">statement<\/a><\/span><span>. The protocol seeks to integrate the registry office with the central data network to enable it to carry out registration of commercial activities within the SCZone. The protocol also looks to promote projects and attract investments to the logistics sector, the statement said.<\/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\/acelen\/\">Acelen<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/bahrain\/\">Bahrain<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/data-center\/\">data center<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/economic-zone\/\">economic zone<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/suez-canal-economic-zone\/\">Suez Canal Economic Zone<\/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=\"70261\" 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=\"70261\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/div>\r\n\r\n                    <p class=\"f-graphik\">Around the World<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/04\/18\/india-russia-in-talks-for-an-fta-plus-chevron-angelicoussis-to-cooperate-on-ammonia-shipping\/\">\r\n                            India + Russia in talks for an FTA. PLUS: Chevron + Angelicoussis to cooperate on ammonia shipping                        <\/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\/18\/india-russia-in-talks-for-an-fta-plus-chevron-angelicoussis-to-cooperate-on-ammonia-shipping\/\" 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\/18\/india-russia-in-talks-for-an-fta-plus-chevron-angelicoussis-to-cooperate-on-ammonia-shipping\/')\">\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\/18\/india-russia-in-talks-for-an-fta-plus-chevron-angelicoussis-to-cooperate-on-ammonia-shipping\/\">\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=India + Russia in talks for an FTA. PLUS: Chevron + Angelicoussis to cooperate on ammonia shipping&url=https:\/\/enterpriseam.com\/logistics\/2023\/04\/18\/india-russia-in-talks-for-an-fta-plus-chevron-angelicoussis-to-cooperate-on-ammonia-shipping\/\">\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\/18\/india-russia-in-talks-for-an-fta-plus-chevron-angelicoussis-to-cooperate-on-ammonia-shipping\/&title=India + Russia in talks for an FTA. PLUS: Chevron + Angelicoussis to cooperate on ammonia shipping\">\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=India+%2B+Russia+in+talks+for+an+FTA.+PLUS%3A+Chevron+%2B+Angelicoussis+to+cooperate+on+ammonia+shipping+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F04%2F18%2Findia-russia-in-talks-for-an-fta-plus-chevron-angelicoussis-to-cooperate-on-ammonia-shipping%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\/18\/india-russia-in-talks-for-an-fta-plus-chevron-angelicoussis-to-cooperate-on-ammonia-shipping\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/680.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"70262\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/04\/18\/india-russia-in-talks-for-an-fta-plus-chevron-angelicoussis-to-cooperate-on-ammonia-shipping\/680-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/680.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"680.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/680.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/680.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-70261\" class=\"content-area-description single-story post-70261 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-ammonia tag-around-the-world tag-chevron tag-energy tag-enterprise-logistics 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\/.a77330bb-3fc4-41f1-8fbc-8a4970d59f7d.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\">Energy giant<\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.chevron.com\/\" style=\"\">Chevron<\/a><\/span><span style=\"font-weight:700\"> and <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/angelicoussisgroup.com\/\" style=\"\">Angelicoussis Group<\/a><\/span><span style=\"font-weight:700\"> are collaborating on ammonia shipping <\/span><span style=\"\">under a joint study agreement, <\/span><span>according to a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.chevron.com\/newsroom\/2023\/q2\/chevron-angelicoussis-group-announce-ammonia-carrier-joint-study-agreement\" style=\"\">statement<\/a><\/span><span>. <\/span><span style=\"font-weight:400;\">The companies will explore how tankers can be used to transport ammonia, which is a potential lower carbon marine fuel. The first phase will involve a feasibility study to assess the market, the existing infrastructure, and safety considerations, and to determine the requirements for next generation ships and propose a system for transporting ammonia between the US Gulf coast and Europe. Future phases will have a more global outlook, according to the statement. <\/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=\"font-weight:700\">India and Russia trade picking up pace:<\/span><span style=\"\"> India and Russia are discussing a freetrade <\/span><span>agreement (FTA) that could further deepen commercial ties. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/world\/india-russia-discussing-free-trade-agreement-russia-deputy-pm-2023-04-17\/\" style=\"\">Reuters<\/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\/ammonia\/\">Ammonia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/around-the-world\/\">AROUND THE WORLD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/chevron\/\">Chevron<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/energy\/\">energy<\/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=\"70263\" 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\/18\/70263\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-70263\" class=\"content-area-description single-story post-70263 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>17-21 April (Monday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.hannovermesse.de\/en\/\" style=\"\">Hannover Messe 2023<\/a><\/span><span>, Messegel\u00e4nde, Hannover, Germany.<\/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>1-4 May (Monday - Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.selectusasummit.us\/\" style=\"\">Select USA Investment Summit<\/a><\/span><span style=\"font-weight:400;\">, National Harbor, Maryland, USA.<\/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 (Thursday): 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 (Tuesday-Thursday): <\/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 (Tuesday-Friday): <\/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 (Wednesday-Friday): <\/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 (Monday): <\/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 (Monday-Tuesday): <\/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 (Monday-Tuesday): <\/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 (Monday-Wednesday): <\/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 style=\"\">16-17 May (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/caaid.net\/\" style=\"\">Africa Forum of Investment and Commerce<\/a><\/span><span style=\"font-weight:400;\">, Sheraton Hotel, Algiers, Algeria.<\/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>29-31 May (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ltlexpo.ly\/en\/#\" style=\"\">Translogistica Libya 2023<\/a><\/span><span style=\"font-weight:400;\">, Misurata, Libya.<\/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 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":70239,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-70238","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"667903cc-ccac-411d-b4f4-7eeafc34d150","teaser":"","photo_url":"https:\/\/ent.news\/2023\/4\/693.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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