{"id":70740,"date":"2023-05-15T01:15:00","date_gmt":"2023-05-15T01:15:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=70740"},"modified":"2025-12-15T12:34:43","modified_gmt":"2025-12-15T12:34:43","slug":"earnings-extravaganza-enterprise-exports-and-fdi-forum-gets-underway","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/earnings-extravaganza-enterprise-exports-and-fdi-forum-gets-underway\/","title":{"rendered":"Earnings extravaganza + Enterprise Exports and FDI Forum gets underway"},"content":{"rendered":"<section id=\"70742\" 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=\"70742\">\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\/05\/15\/today-the-enterprise-exports-and-fdi-forum-is-finally-happening\/\">\r\n                            TODAY: The Enterprise Exports and FDI Forum is finally happening                        <\/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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                   <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/785.jpeg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"70743\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/15\/today-the-enterprise-exports-and-fdi-forum-is-finally-happening\/785-jpeg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/785.jpeg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"785.jpeg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/785.jpeg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/785.jpeg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-70742\" class=\"content-area-description single-story post-70742 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-afcfta tag-aviation tag-dp-world tag-enterprise-logistics tag-infrastructure tag-suez-canal tag-uae 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\/5\/.2056f5cd-3137-4c5a-8def-1bc9899036dd.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, lovely people. <\/span><span style=\"font-weight:400;\">We have a super busy issue for you this morning, but first\u2026<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">We\u2019re sorry we were a few hours behind in delivering Thursday\u2019s issue <\/span><span style=\"font-weight:400;\">\u2014 we had a glitch in the machine but it\u2019s now been fixed.<\/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;\">And more importantly\u2026<\/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\"><br \/><a href=\"https:\/\/exportsfdi.enterprise.press\/index.html#agenda\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/700.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=\"\"> <\/span><span style=\"font-weight:700\">The Enterprise Exports and FDI Forum is<\/span><span style=\"font-weight:700\">taking place today at the Four Seasons Nile <\/span><span style=\"font-weight:700\">Plaza. <\/span><span style=\"font-weight:400;\">The event will see CEOs, top execs, bankers, and development finance folks attempt to solve the biggest economic issue of our time: How do we get out of our FX crunch by boosting exports and raising foreign direct investment.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">We are very grateful for the interest we\u2019ve seen from many of you<\/span><span style=\"font-weight:400;\"> and we cannot wait to meet those attending.  <\/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\">** Attendees who have confirmed and RSVP'd to their personal invitations do not need a QR code to enter the venue, <\/span><span>but please do bring a business card you can give us in exchange for your name tag and lanyard.<\/span><span style=\"font-weight:700\">  <\/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 event kicks off with an 8am networking breakfast<\/span><span>, with the opening panels starting at 9am. <\/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\">Who can you expect to see there? Our friend Nadia El-Tawil, Investment Officer at AfricInvest: <\/span><span style=\"font-weight:400;\">Nadia El-Tawil will be speaking on how the industries of today should embrace change and evolving trends if Egypt is to bolster its exports. She will be joined on stage by Mostafa Bedeir, CEO of Giza Seeds and Herbs and Abdallah Sallam, CEO of Madinet Masr. who will speak on how their companies are changing to meet these evolving trends. <\/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\">Who else is speaking (in no particular order)?<\/span><span style=\"font-weight:700\">Hossam Abou Moussa<\/span><span>, partner at Apis, <\/span><span style=\"font-weight:700\">Hassan Massoud,<\/span><span> associate director and head of private equity (Southern Mediterranean) at the EBRD, <\/span><span style=\"font-weight:700\">Tarek Kamel,<\/span><span> CEO of Nestle Egypt;<\/span><span style=\"font-weight:700\"> Omar Elsahy,<\/span><span> general manager of Amazon Egypt; <\/span><span style=\"font-weight:700\">Khaled Morsy,<\/span><span> CEO of DB Schenker; <\/span><span style=\"font-weight:700\">Shady William,<\/span><span> managing director of IDG; <\/span><span style=\"font-weight:700\">Mohamed Talaat Khalifa<\/span><span>, CEO of Concrete; <\/span><span style=\"font-weight:700\">Mark Wyllie,<\/span><span> CEO of Beyti;<\/span><span style=\"font-weight:700\"> Kareem Abou Ghaly<\/span><span>, chairman and CEO of Pasta Regina; <\/span><span style=\"font-weight:700\">Yasmine Khamis,<\/span><span> chair of the Orientals Group, <\/span><span style=\"font-weight:700\">Cheick-Oumar Sylla, <\/span><span>director for North Africa and Horn of Africa at the IFC;<\/span><span style=\"font-weight:700\"> Hossam Sallab,<\/span><span> CEO and vice-chairman of Sallab Group and Royal Ceramica; <\/span><span style=\"font-weight:700\">Tarek Hosny,<\/span><span> head of investments and projects at Fertiglobe; <\/span><span style=\"font-weight:700\">Helmy Ghazi,<\/span><span> deputy CEO of HSBC Egypt; <\/span><span style=\"font-weight:700\">Shams Eweis,<\/span><span> corporate affairs director, Egypt, North Africa and Levant at Mars;<\/span><span style=\"font-weight:700\"> Nada El Ahwal,<\/span><span> CSO of Transmar; <\/span><span style=\"font-weight:700\">Yassir Zouaoui, <\/span><span>partner at McKinsey; and <\/span><span style=\"font-weight:700\">Mohamed ElGebely,<\/span><span style=\"font-weight:400;\"> team leader at USAID Trade.<\/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\">Topics and live interviews will also include:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight:400;\">Why exports and FDI are the way forward and what lessons have worked from around the world;<\/span><\/li>\n<li><span style=\"font-weight:400;\">How to attract foreign partners and figure out what they are looking for;<\/span><\/li>\n<li><span style=\"font-weight:400;\">What lessons can we draw from foods, fertilizers, and garments exporters who have increased our exports;<\/span><\/li>\n<li><span style=\"font-weight:400;\">What are the fundamentals to creating an export and \/ or FDI strategy;<\/span><\/li>\n<li><span style=\"font-weight:400;\">What it takes to secure a place in a multinational\u2019s supply chain.<\/span><\/li>\n<li><span>How industrial clusters could expedite exports and FDI and is a possibly avenue for SME development;<\/span><\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;font-weight:700;\"><a href=\"https:\/\/exportsfdi.enterprise.press\/index.html#agenda\" style=\"\">Tap or click here to explore the full agenda.<\/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;\"><\/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\"><br \/>THE BIG LOGISTICS STORY- <\/span><span>There\u2019s a number of big stories vying for your attention this morning, including <\/span><span style=\"font-weight:700\">Emirates Group\u2019s record annual earnings<\/span><span> and new <\/span><span style=\"font-weight:700\">USD 200 mn fund<\/span><span> for <\/span><span style=\"font-weight:700\">sustainable aviation <\/span><span>research and development, and news that South Korea\u2019s <\/span><span style=\"font-weight:700\">CJ Logistics<\/span><span> is building an <\/span><span style=\"font-weight:700\">e-commerce logistics facility<\/span><span> in <\/span><span style=\"font-weight:700\">Riyadh\u2019s <\/span><span style=\"font-weight:700\">Special Integrated Logistics Zone<\/span><span style=\"\">.<\/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><a id=\"wwtt1\"><\/a> <\/span><span style=\"font-weight:700\">WATCH THIS SPACE #1- SCZone + Rotterdam Port could cooperate on green fuels:<\/span><span style=\"\"> Suez <\/span><span>Canal Economic Zone (SCZone) CEO Walid Gamal El Din and Rotterdam Port CEO Allard Castelein discussed potentially signing an agreement for cooperation on green fuels, according to a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/sczone.eg\/on-the-sidelines-of-the-global-hydrogen-forum-sczone-prepares-for-strategic-cooperation-with-rotterdam-port\/\" style=\"\">statement<\/a><\/span><span>. This includes a \"green corridor\" from Singapore to Rotterdam that would pass through the SCZone for green bunkering purposes. The pair also discussed potentially developing the SCZone\u2019s ports through technical support in digitization, the statement added. <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ea1f2ee0-de5d-420b-8030-37c9d8e2504c\" style=\"\">Gamal El Din is in the Netherlands<\/a><\/span><span style=\"font-weight:400;\"> to drum up investments among local business leaders and officials from the Port of Rotterdam.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <a id=\"wwtt2\"><\/a> <\/span><span style=\"font-weight:700\">WATCH THIS SPACE #2-<\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.dpworld.com\/\" style=\"\">DP World<\/a><\/span><span style=\"font-weight:700\"> will collaborate with China\u2019s<\/span><span style=\"font-weight:700\">Ningbo-Zhoushan port on <\/span><span style=\"font-weight:700\">automobile supply chain and logistics<\/span><span>, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.seatrade-maritime.com\/ports\/ningbo-zhoushan-port-deepens-cooperation-dp-world\" style=\"\">Seatrade Maritime<\/a><\/span><span style=\"font-weight:400;\"> reports. The agreement will see Ningbo-Zhoushan develop its Dubai-based warehouses to extend logistical chains in MENA. The agreement comes one day after DP World held a roadshow in Beijing to attract investments from Chinese firms. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"><a id=\"wwtt3\"><\/a><\/span><span style=\"font-weight:700\"> WATCH THIS SPACE #3- Iraq\u2019s Al-Kut Ring Road project slated for completion by the end of <\/span><span style=\"font-weight:700\">the year: <\/span><span>Construction of the Al-Kut Ring Road in Baghdad is to be complete by the end of 2023, Planning Ministry spokesperson Abdel-Zahra Al-Hindawi told <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/projects\/construction\/iraqs-al-kut-ring-road-project-to-be-complete-by-end-2023-ojyao98n\" style=\"\">Zawya<\/a><\/span><span style=\"font-weight:400;\">. The 20km project, which comprises three bridges, connects Baghdad to central and southern governorates, and will act as a passage for transporting goods from Basra ports and border crossings. It will also boost trade and reduce traffic accidents in Baghdad, Al-Hindawi reportedly said, according to the news outlet.<\/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\">WATCH THIS SPACE #4- The Black Sea grain pact may not be dead after all: <\/span><span style=\"\">Ukraine, <\/span><span>Russia, Turkey and the UN are close to an agreement to extend last year\u2019s grain agreement, which allowed Ukraine to continue exporting via the Black Sea and helped calm the food crisis caused by the war, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/world\/turkey-says-deal-extending-black-sea-grain-deal-nearing-2023-05-12\/\" style=\"\">Reuters<\/a><\/span><span style=\"font-weight:400;\"> reported on Saturday.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"><a id=\"wwtt5\"><\/a> <\/span><span style=\"font-weight:700\">Airports in the Middle East are seeing traffic recover to pre-pandemic levels<\/span><span style=\"\">, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.khaleejtimes.com\/business\/uae-airports-on-track-to-exceed-100-traffic-recovery-soon-iata\" style=\"\">Khaleej Times<\/a><\/span><span>reports,<\/span><span> citing statements from International Air Transport Association (IATA) Middle East and Africa regional director Kashif Khalid at the Airport Show last week. Global aviation is experiencing a strong recovery, with the Middle East leading the charge after recovering 93% of pre-pandemic numbers, Khalid is quoted as saying. Recently published 1Q 2023 figures for Dubai Airport (DXB) show that traffic at the airport has reached <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/696d5f89-95fc-4075-9db5-9b44ceb1de4e\" style=\"\">95.6% of pre-pandemic numbers<\/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\">Egypt\u2019s cabinet approved a presidential decision to publish the list of customs <\/span><span style=\"font-weight:700\">breaks in the African Continental Freetrade Area (AfCFTA) agreement,<\/span><span> according to a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bit.ly\/3NWYIWc\" style=\"\">statement<\/a><\/span><span>. The AfCFTA is a comprehensive agreement between African Union member states that aims to boost trade and investment across the continent. Kenya had enlisted Egypt\u2019s aid in <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/757579be-f543-4c32-b829-0544cefc23a5\" style=\"\">February<\/a><\/span><span style=\"font-weight:400;\"> to kickstart the protocol.<\/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\">MARKET WATCH-<\/span><span style=\"font-weight:700\">Drewry\u2019s composite World Container Index fell 1% to USD last <\/span><span style=\"font-weight:700\">week: <\/span><span>The index was down 77% y-o-y and is down 83% from its peak in September 2021, according to Drewery\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.drewry.co.uk\/supply-chain-advisors\/supply-chain-expertise\/world-container-index-assessed-by-drewry\" style=\"\">analysis<\/a><\/span><span>. The index is 35% lower than the 10-year average of USD 2.7k, signaling a return to more normal prices. Drewry expects East-West spot rates <\/span><span style=\"font-weight:400;\">on routes other than the transatlantic to stabilize in upcoming weeks.<\/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\">Oil prices fell for the third straight week due to supply fears and concerns over the<\/span><span style=\"font-weight:700\"> US and China's economies<\/span><span>, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/business\/energy\/oil-prices-recover-short-covering-us-debt-ceiling-fears-weigh-2023-05-12\/\" style=\"\">Reuters<\/a><\/span><span style=\"font-weight:400;\"> reports. Brent crude futures dropped 1.1% to USD 74.2 while US crude futures fell 1.2% to USD 70. Both benchmarks are down around 1.5% w-o-w.<\/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\">CORRECTION- <\/span><span style=\"\">We incorrectly reported on Thursday that Egyptian offshore oil and gas and <\/span><span>chartering firm Maridive<\/span><span> will be using USD 8.71 mn of the funds Al Gihaz Holding is providing Maridive in exchange for two marine units and a Saudi subsidiary owned by its subsidiary Valentine Maritime to settle Valentine\u2019s outstanding debt. We've amended the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/3f5d16de-6e44-4eb7-9e1c-9a22361a423c\" style=\"\">story<\/a><\/span><span style=\"font-weight:400;\"> to reflect the correct amount, which is USD 71.8 mn. The transaction comes as part of Maridive's strategy to deleverage its balance sheet and divest its non-core offshore EPC unit. There will be no net proceeds for Maridive as part of the agreement.<\/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;\">CIRCLE YOUR CALENDAR-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The<\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.evinnovationsummit.com\/about\" style=\"\">Electric Vehicle Innovation Summit 2023<\/a><\/span><span style=\"font-weight:700\"> will take place in Abu Dhabi between <\/span><span style=\"font-weight:700\">29-31 May.<\/span><span style=\"font-weight:400;\"> The event is the first of its kind in the MENA region and brings together researchers, engineers, officials, and organizations involved in the EV scene, presenting attendees with opportunities to network across value chains and exchange ideas. <\/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\">Check out our full calendar<\/span><span style=\"font-weight:400;\"> at the bottom of this email for a comprehensive listing 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role=\"list\" data-label=\"Slide %%d\"><\/div><\/div><\/div>\r\n        <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"70745\" 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=\"70745\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">E-Commerce<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/15\/cj-logistics-is-building-the-first-e-commerce-logistics-facility-in-saudi\/\">\r\n                            CJ Logistics is building the first e-commerce logistics facility in Riyadh                        <\/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\/05\/15\/cj-logistics-is-building-the-first-e-commerce-logistics-facility-in-saudi\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"70746\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/15\/cj-logistics-is-building-the-first-e-commerce-logistics-facility-in-saudi\/684-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/684.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"684.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/684.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/684.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-70745\" class=\"content-area-description single-story post-70745 post type-post status-publish format-standard has-post-thumbnail hentry category-e-commerce tag-e-commerce tag-enterprise-logistics tag-logistics tag-saudi-arabia 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\/5\/.72164197-0dfd-4404-b510-5d144ec97934.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\">South Korea\u2019s <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.cjlogistics.com\/en\/main\" style=\"\">CJ Logistics<\/a><\/span><span style=\"font-weight:700\"> plans to build a global distribution center in Saudi <\/span><span style=\"font-weight:700\">Arabia to act as a forwarding base for e-commerce players in the Middle East<\/span><span style=\"\">, according to a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/cj-logistics-builds-saudi-arabias-first-edicated-ecommerce-global-distribution-center-to-target-middle-east-market-pfcgpiq4\" style=\"\">press release<\/a><\/span><span style=\"font-weight:400;\">. The center will be the first e-commerce logistics facility in Saudi Arabia, and will be located in Riyadh's Special Integrated Logistics Zone. <\/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 facility, which is expected to be completed in 2H 2024, will span 18k sqm and will be able to handle some 15k boxes a day. <\/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\">Kicking things off: <\/span><span style=\"font-weight:400;\">The company inked an eight-year agreement to distribute US-based supplement and health product retailer iHerb\u2019s products to consumers from nine countries across the region, including Saudi Arabia, UAE, and Kuwait. CJ Logistics has been distributing iHerb products in Asia from its global distribution center situated at Incheon Airport since 2018.<\/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 Saudi e-commerce market has the richest growth potential in the Middle East and the geographical advantage of connecting Africa and Europe,\" CJ Logistics CEO Kang Sin-ho said. \u201cWe will spare no support for state-of-the-art logistics technology and infrastructure so that the GDC can become a logistics hub that leads the Middle East e-commerce market,\u201d he added. <\/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\/e-commerce\/\">e-commerce<\/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\/saudi-arabia\/\">Saudi Arabia<\/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=\"70747\" 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=\"70747\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">Aviation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/15\/emirates-group-commits-usd-200-mn-to-aviation-sustainability-fund\/\">\r\n                            Emirates commits USD 200 mn to aviation sustainability fund                        <\/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\/05\/15\/emirates-group-commits-usd-200-mn-to-aviation-sustainability-fund\/\" 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\/05\/15\/emirates-group-commits-usd-200-mn-to-aviation-sustainability-fund\/')\">\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\/05\/15\/emirates-group-commits-usd-200-mn-to-aviation-sustainability-fund\/\">\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=Emirates Group commits USD 200 mn to aviation sustainability fund&url=https:\/\/enterpriseam.com\/logistics\/2023\/05\/15\/emirates-group-commits-usd-200-mn-to-aviation-sustainability-fund\/\">\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\/05\/15\/emirates-group-commits-usd-200-mn-to-aviation-sustainability-fund\/&title=Emirates Group commits USD 200 mn to aviation sustainability fund\">\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=Emirates+Group+commits+USD+200+mn+to+aviation+sustainability+fund+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F05%2F15%2Femirates-group-commits-usd-200-mn-to-aviation-sustainability-fund%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\/05\/15\/emirates-group-commits-usd-200-mn-to-aviation-sustainability-fund\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-70747\" class=\"content-area-description single-story post-70747 post type-post status-publish format-standard hentry category-aviation tag-aviation tag-enterprise-logistics tag-sustainability 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\/5\/.d74fad5e-d8e1-4519-803f-25bcebc21b83.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\">Dubai-based carrier <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.theemiratesgroup.com\/\" style=\"\">Emirates Group<\/a><\/span><span style=\"font-weight:700\"> has established a USD 200 mn research and <\/span><span style=\"font-weight:700\">development (R&D) fund aimed at cutting emissions in commercial aviation,<\/span><span> according to a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.emirates.com\/media-centre\/emirates-creates-us-200-million-aviation-sustainability-fund\/\" style=\"\">press release<\/a><\/span><span style=\"font-weight:400;\">. The funds will be disbursed over three years and will go towards partnerships with \u201cleading organizations working on solutions in advanced fuel and energy technologies,\u201d the statement said. The company\u2019s Environmental Sustainability Executive Steering Group and technical experts will oversee the fund\u2019s disbursal.<\/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>\u201cWe looked long and hard at the reality we face in commercial aircraft and engine technology, fuel supply chain, and our industry\u2019s regulatory and eco-system requirements,\u201d Emirates Airline President Tim Clark said. \u201cIt\u2019s clear that with the current pathways available to airlines in terms of emissions reduction, our industry won\u2019t be able to hit net zero targets in the prescribed timeline.\u201d<\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/sustainability\/\">sustainability<\/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=\"70749\" 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=\"70749\">\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\">MARITIME<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/15\/adnoc-ls-is-getting-remotely-operated-vessels-for-vehicle-supplies-transport\/\">\r\n                            ADNOC L&amp;S is getting remotely operated vessels                        <\/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\/05\/15\/adnoc-ls-is-getting-remotely-operated-vessels-for-vehicle-supplies-transport\/\" 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\/05\/15\/adnoc-ls-is-getting-remotely-operated-vessels-for-vehicle-supplies-transport\/')\">\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\/05\/15\/adnoc-ls-is-getting-remotely-operated-vessels-for-vehicle-supplies-transport\/\">\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=ADNOC L&#038;S is getting remotely operated vessels for vehicle + supplies transport&url=https:\/\/enterpriseam.com\/logistics\/2023\/05\/15\/adnoc-ls-is-getting-remotely-operated-vessels-for-vehicle-supplies-transport\/\">\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\/05\/15\/adnoc-ls-is-getting-remotely-operated-vessels-for-vehicle-supplies-transport\/&title=ADNOC L&#038;S is getting remotely operated vessels for vehicle + supplies transport\">\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=ADNOC+L%26%23038%3BS+is+getting+remotely+operated+vessels+for+vehicle+%2B+supplies+transport+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F05%2F15%2Fadnoc-ls-is-getting-remotely-operated-vessels-for-vehicle-supplies-transport%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\/05\/15\/adnoc-ls-is-getting-remotely-operated-vessels-for-vehicle-supplies-transport\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-70749\" class=\"content-area-description single-story post-70749 post type-post status-publish format-standard hentry category-maritime tag-adnoc tag-enterprise-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\/5\/.31a7e082-57ee-4bf1-954e-7c28de861f28.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\">French maritime service provider <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/seaowlgroup.com\/\" style=\"\">SeaOwl<\/a><\/span><span style=\"font-weight:700\"> will design unmanned remotely <\/span><span style=\"font-weight:700\">operated vessels (ROVs) for ADNOC\u2019s logistics subsidiary,<\/span><span style=\"\"> ADNOC L&S, under a new agreement, 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-and-seaowl-sign-agreement-to-design-remotely-operated-marine-supply-vessels\" style=\"\">press release<\/a><\/span><span style=\"font-weight:400;\">. The vessels will transport vehicles, equipment, and supplies to and from offshore sites. The company did not disclose a timeline for the delivery of the vessels, the exact number of vessels they will design, or the value of the agreement. <\/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 unmanned 55-meter-long vessels will be operated by a smart automation system from an onshore control room through a satellite link, using self-navigating technology. The ROV will use artificial intelligence to control propulsion, positioning, remote communication, and cyber security, according to the statement. The design will help reduce operational costs and the exposure of seafarers to harsh weather conditions, 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=\"font-weight:700\">Also on board:<\/span><span style=\"\"> While SeaOwl will design, oversee the construction of the ROV, and facilitate navigation permits, certification group, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/group.bureauveritas.com\/\" style=\"\">Bureau Veritas<\/a><\/span><span style=\"font-weight:400;\"> will provide the necessary navigation permits from the UAE maritime authorities, 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\/adnoc\/\">Adnoc<\/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=\"70751\" 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=\"70751\">\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\">Earnings Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/15\/emirates-group-posts-record-revenue-and-net-profits-in-2022-2023\/\">\r\n                            Emirates Group posts record revenue and net profits in 2022-2023                        <\/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\/05\/15\/emirates-group-posts-record-revenue-and-net-profits-in-2022-2023\/\" 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\/05\/15\/emirates-group-posts-record-revenue-and-net-profits-in-2022-2023\/')\">\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\/05\/15\/emirates-group-posts-record-revenue-and-net-profits-in-2022-2023\/\">\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=Emirates Group posts record revenue and net profits in 2022-2023&url=https:\/\/enterpriseam.com\/logistics\/2023\/05\/15\/emirates-group-posts-record-revenue-and-net-profits-in-2022-2023\/\">\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\/05\/15\/emirates-group-posts-record-revenue-and-net-profits-in-2022-2023\/&title=Emirates Group posts record revenue and net profits in 2022-2023\">\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=Emirates+Group+posts+record+revenue+and+net+profits+in+2022-2023+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F05%2F15%2Femirates-group-posts-record-revenue-and-net-profits-in-2022-2023%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\/05\/15\/emirates-group-posts-record-revenue-and-net-profits-in-2022-2023\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-70751\" class=\"content-area-description single-story post-70751 post type-post status-publish format-standard hentry category-earnings-watch tag-aviation tag-cargo tag-earnings-watch tag-enterprise-logistics tag-uae 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\/5\/.507a93fe-d25f-47db-a34e-cb3fdeeb6ebb.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\"> Emirates Group posts record annual income + revenues: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.theemiratesgroup.com\/\" style=\"\">Emirates Group<\/a><\/span><span style=\"\"> reported <\/span><span>annual income of <\/span><span style=\"\">AED 10.9 bn (USD 3 bn) for FY 2022-2023, which ended on 31 March, reversing its USD 1 bn net loss position from last year, <\/span><span style=\"\">according to its annual <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/5\/682.pdf\" style=\"\">earnings report (pdf)<\/a><\/span><span style=\"\">. <\/span><span style=\"\">The bottom line figure is an all-time high for the company. Topline figures for the same period also rose 81% y-o-y to hit a record AED 119.8 bn (USD 32.6 bn). Emirates Group attributes the growth to r<\/span><span style=\"\">obust global demand following near total removal of travel restrictions. <\/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\">Freight subsidiary Emirates SkyCargo saw a 21% decline in revenues to USD 4.7 bn, <\/span><span style=\"\">down from \u201cexceptional\u201d revenues last year due to the pandemic. Despite the decline, the cargo division<\/span><span> displayed \u201csolid performance\u201d during the year, contrib<\/span><span style=\"\">uting 16% of the consolidated company\u2019s revenues,<\/span><span style=\"\"> according to the report. The amount of cargo it handled fell to<\/span><span style=\"font-weight:400;\"> 14% to 1.8 mn tonnes, as passenger aircraft that had been temporarily used for freight amid heightened demand during the pandemic was restored to its original use. <\/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 company is also paying out a dividend of AED 4.5 bn (USD 1.2 bn)<\/span><span> to its owner, the Investment Corporation of Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Looking ahead:<\/span><span style=\"\"> The company expects to remain in the black during FY 2023-24, \u201cwith a strong positive outlook,\u201d CEO <\/span><span style=\"font-weight:400;\">Sheikh Ahmed bin Saeed Al Maktoum said. \u201cWe will work hard to hit our targets, while keeping a close watch on inflation, high fuel prices, and political and economic uncertainty,\u201d Al Maktoum added.<\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/cargo\/\">CARGO<\/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\/uae\/\">UAE<\/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=\"70753\" 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=\"70753\">\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\">Earnings Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/15\/aramex-sees-net-income-fall-49-y-o-y-amid-global-headwinds\/\">\r\n                            Aramex sees net income fall 49% y-o-y amid global headwinds                        <\/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\/05\/15\/aramex-sees-net-income-fall-49-y-o-y-amid-global-headwinds\/\" 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\/05\/15\/aramex-sees-net-income-fall-49-y-o-y-amid-global-headwinds\/')\">\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\/05\/15\/aramex-sees-net-income-fall-49-y-o-y-amid-global-headwinds\/\">\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=Aramex sees net income fall 49% y-o-y amid global headwinds&url=https:\/\/enterpriseam.com\/logistics\/2023\/05\/15\/aramex-sees-net-income-fall-49-y-o-y-amid-global-headwinds\/\">\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\/05\/15\/aramex-sees-net-income-fall-49-y-o-y-amid-global-headwinds\/&title=Aramex sees net income fall 49% y-o-y amid global headwinds\">\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=Aramex+sees+net+income+fall+49%25+y-o-y+amid+global+headwinds+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F05%2F15%2Faramex-sees-net-income-fall-49-y-o-y-amid-global-headwinds%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\/05\/15\/aramex-sees-net-income-fall-49-y-o-y-amid-global-headwinds\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/765.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"70754\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/15\/aramex-sees-net-income-fall-49-y-o-y-amid-global-headwinds\/765-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/765.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"765.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/765.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/765.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-70753\" class=\"content-area-description single-story post-70753 post type-post status-publish format-standard has-post-thumbnail hentry category-earnings-watch tag-earnings-watch tag-enterprise-logistics tag-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\/5\/.28e67d37-1a61-427d-88e2-d1e24708bb72.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\">Aramex 1Q 2023 net income falls 49% y-o-y, revenues remain almost flat: <\/span><span style=\"\">G<\/span><span style=\"\">lobal <\/span><span>logistics provider Aramex\u2019s net income plunged 49% y-o-y to AED 47.3 mn in 1Q 2023, amid a decline in global shipping volumes and inflationary pressures, according to its <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/5\/733.pdf\" style=\"\">earnings release (pdf)<\/a><\/span><span>. Interest expenses associated with its acquisition o<\/span><span>f e-commerce platform <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.myus.com\/about\/news\/myus-acquisition-by-aramex\/\" style=\"\">MyU<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.myus.com\/about\/news\/myus-acquisition-by-aramex\/\" style=\"\">S<\/a><\/span><span style=\"font-weight:400;\"> and currency devaluations in some of Aramex\u2019s markets also dragged down revenues, which fell marginally by 1% to AED 1.43 bn, 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 breakdown: <\/span><span>Its freight forwarding division saw revenues fall 1% to AED 385 mn, while its logistics and supply chain solutions division saw revenues fall 5% to AED 107 mn.<\/span><span style=\"font-weight:400;\"> Revenues for domestic express fell 4% to AED 362 mn on the back of FX impacts in Egypt, Lebanon, South Africa and other MENAT countries, the earnings release said. The International Express unit, on the other hand, saw 1% growth in revenues to AED 567 mn. Performance was buoyed by the company\u2019s operations in the GCC \u2014 which accounted for 39% of total revenues \u2014 and \u201csolid revenue growth in Europe and North America outbound markets,\u201d the earnings 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\">Also helping buoy operations: <\/span><span>The company<\/span><span style=\"font-weight:400;\"> moved to hedge exposures to FX fluctuations by taking on more USD-denominated contracts, the company 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\">Looking ahead:<\/span><span style=\"font-weight:400;\"> \u201cThe continued growth in the GCC economies, and the expectation that inflationary pressures around the world may peak and then decline significantly show some signs of optimism towards the end of the year,\u201d CEO Othman Aljeda said, adding that the key differentiator for the company in the months ahead is its \u201cability to invest in technology, along with our geographic and business line diversification which offers competitive advantage.\u201d <\/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-watch\/\">EARNINGS 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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"70755\" 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=\"70755\">\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\">Diplomacy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/15\/uae-holds-bilateral-trade-talks-plans-to-help-seychelles-with-airport-and-port-victoria-development-plus-gcc-to-unify-goods-as-local-qatar-boosts-ties-with-azerbaijan\/\">\r\n                            UAE holds bilateral trade talks + plans to help Seychelles with Airport and Port Victoria development. PLUS: GCC to unify goods as \u201clocal,\u201d Qatar boosts ties with Azerbaijan                        <\/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\/05\/15\/uae-holds-bilateral-trade-talks-plans-to-help-seychelles-with-airport-and-port-victoria-development-plus-gcc-to-unify-goods-as-local-qatar-boosts-ties-with-azerbaijan\/\" 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\/05\/15\/uae-holds-bilateral-trade-talks-plans-to-help-seychelles-with-airport-and-port-victoria-development-plus-gcc-to-unify-goods-as-local-qatar-boosts-ties-with-azerbaijan\/')\">\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\/05\/15\/uae-holds-bilateral-trade-talks-plans-to-help-seychelles-with-airport-and-port-victoria-development-plus-gcc-to-unify-goods-as-local-qatar-boosts-ties-with-azerbaijan\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=UAE holds bilateral trade talks + plans to help Seychelles with Airport and Port Victoria development. PLUS: GCC to unify goods as \u201clocal,\u201d Qatar boosts ties with Azerbaijan&url=https:\/\/enterpriseam.com\/logistics\/2023\/05\/15\/uae-holds-bilateral-trade-talks-plans-to-help-seychelles-with-airport-and-port-victoria-development-plus-gcc-to-unify-goods-as-local-qatar-boosts-ties-with-azerbaijan\/\">\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\/05\/15\/uae-holds-bilateral-trade-talks-plans-to-help-seychelles-with-airport-and-port-victoria-development-plus-gcc-to-unify-goods-as-local-qatar-boosts-ties-with-azerbaijan\/&title=UAE holds bilateral trade talks + plans to help Seychelles with Airport and Port Victoria development. PLUS: GCC to unify goods as \u201clocal,\u201d Qatar boosts ties with Azerbaijan\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=UAE+holds+bilateral+trade+talks+%2B+plans+to+help+Seychelles+with+Airport+and+Port+Victoria+development.+PLUS%3A+GCC+to+unify+goods+as+%E2%80%9Clocal%2C%E2%80%9D+Qatar+boosts+ties+with+Azerbaijan+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F05%2F15%2Fuae-holds-bilateral-trade-talks-plans-to-help-seychelles-with-airport-and-port-victoria-development-plus-gcc-to-unify-goods-as-local-qatar-boosts-ties-with-azerbaijan%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\/05\/15\/uae-holds-bilateral-trade-talks-plans-to-help-seychelles-with-airport-and-port-victoria-development-plus-gcc-to-unify-goods-as-local-qatar-boosts-ties-with-azerbaijan\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-70755\" class=\"content-area-description single-story post-70755 post type-post status-publish format-standard hentry category-diplomacy tag-diplomacy tag-enterprise-logistics tag-gcc tag-trade tag-uae 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\/5\/.3133658d-3b5c-4b6b-8390-87df4162e872.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\">The<\/span><span style=\"font-weight:700\">UAE\u2019s FM holds bilateral meetings to boost trade:<\/span><span style=\"\"> UAE Foreign Trade Minister <\/span><span style=\"\">Thani bin Ahmed Al Zeyoudi held bilateral meetings with senior ministers and officials from Jordan, Egypt, Lebanon, Iraq, Uzbekistan, Sri Lanka, Congo, Malawi, Burkina Faso, Tanzania, and the African Free Trade Association, at the 12th Annual Investment Meeting, Emirati state news agency <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/wam.ae\/en\/details\/1395303156619\" style=\"\">WAM<\/a><\/span><span style=\"font-weight:400;\">reports. Al Zeyoudi explored ways to help boost trade its non-oil trade to AED 4 tn (USD 1.09 tn) by 2031, WAM adds.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">UAE to help Seychelles with two infrastructure development projects:<\/span><span style=\"\"> Abu Dhabi <\/span><span style=\"\">and Seychelles will form a technical team to conduct final planning works for the Seychelles International Airport, while a a technical team from AD Ports will provide a complete audit report for Port Victoria by the end of this month, Seychelles state <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"http:\/\/www.seychellesnewsagency.com\/articles\/18659\/Successful+discussions+in+Abu+Dhabi+on+Seychelles+airport+and+port+expansions\" style=\"\">news agency<\/a><\/span><span style=\"\"> reports<\/span><span style=\"font-weight:400;\">. The audit will include infrastructure, shipping, and trade aspects which will pave the way for the development projects later on. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <\/span><span style=\"font-weight:700\">GCC states have agreed to categorize all member states\u2019 products as \u201clocal\u201d <\/span><span style=\"font-weight:700\">products within member countries<\/span><span style=\"\">,<\/span><span style=\"\"> according to state-owned <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.spa.gov.sa\/en\/53f26196deq\" style=\"\">Saudi Press Agency (SPA)<\/a><\/span><span style=\"font-weight:400;\">. The agreement came out of consultative meetings on Thursday between GCC trade ministers and heads of federations and chambers of GCC countries in Muscat, Oman. President of the Federation of Gulf and Saudi Chambers Hassan bin Mujib Al-Huwaizi praised the effort and called for more cooperation on trade and commerce between GCC countries, 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\">More details on KSA + South Korea\u2019s MoUs on transport, road development: <\/span><span style=\"\">Saudi Arabia and South Korea will cooperate on <\/span><span style=\"\">research and development, promote the adoption of clean energy technologies, align policies and legislation for self-driving vehicles, and address challenges related to the adoption of modern technologies in the transportation sector, under <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/logistics\/en\/news\/edition\/logistics\/0bb127e0-a6e9-4849-884d-b97f7a0d01f0\" style=\"\">agreements<\/a><\/span><span style=\"\"> they inked together recently, according to a more recent <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.linkedin.com\/posts\/ministry-of-transport-saudi-arabia_aewaeaaepaezaerabraepaesaeuaeqaesabraewaepaesaewaexaetaepaesabraepaesaesaewaeuaebaesaeyaer-activity-7061999579835064320-sdSn\/?utm_source=share&utm_medium=member_desktop\" style=\"\">statement<\/a><\/span><span style=\"font-weight:400;\">. The two sides will also work on establishing a research center and benefiting from each other\u2019s expertise in road construction and aviation, as well as cooperate on asset management, operations, and improving road safety.<\/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\">Qatar <\/span><span style=\"\">and<\/span><span style=\"font-weight:700\"> Azerbaijan want to boost diplomatic ties<\/span><span style=\"\">, including in <\/span><span style=\"font-weight:700\">trade<\/span><span style=\"\">, joint <\/span><span style=\"\">economic forums and bilateral meetings. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/thepeninsulaqatar.com\/article\/13\/05\/2023\/qatar-azerbaijan-seek-to-bolster-relations\" style=\"\">The Peninsula<\/a><\/span><span style=\"\">) <\/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\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/gcc\/\">GCC<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/uae\/\">UAE<\/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=\"70757\" 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=\"70757\">\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\">Logistics in the News<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/15\/slowbalization-trend-signals-subdued-growth-in-global-trade-plus-the-latest-on-diesel-powered-trucking-b2b-logistics-startups-cosco-and-amazon\/\">\r\n                            Slowbalization trend signals subdued growth in global trade. PLUS: The latest on diesel-powered trucking, B2B logistics startups, COSCO and Amazon                        <\/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\/05\/15\/slowbalization-trend-signals-subdued-growth-in-global-trade-plus-the-latest-on-diesel-powered-trucking-b2b-logistics-startups-cosco-and-amazon\/\" 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\/05\/15\/slowbalization-trend-signals-subdued-growth-in-global-trade-plus-the-latest-on-diesel-powered-trucking-b2b-logistics-startups-cosco-and-amazon\/')\">\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\/05\/15\/slowbalization-trend-signals-subdued-growth-in-global-trade-plus-the-latest-on-diesel-powered-trucking-b2b-logistics-startups-cosco-and-amazon\/\">\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=Slowbalization trend signals subdued growth in global trade. PLUS: The latest on diesel-powered trucking, B2B logistics startups, COSCO and Amazon&url=https:\/\/enterpriseam.com\/logistics\/2023\/05\/15\/slowbalization-trend-signals-subdued-growth-in-global-trade-plus-the-latest-on-diesel-powered-trucking-b2b-logistics-startups-cosco-and-amazon\/\">\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\/05\/15\/slowbalization-trend-signals-subdued-growth-in-global-trade-plus-the-latest-on-diesel-powered-trucking-b2b-logistics-startups-cosco-and-amazon\/&title=Slowbalization trend signals subdued growth in global trade. PLUS: The latest on diesel-powered trucking, B2B logistics startups, COSCO and Amazon\">\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=Slowbalization+trend+signals+subdued+growth+in+global+trade.+PLUS%3A+The+latest+on+diesel-powered+trucking%2C+B2B+logistics+startups%2C+COSCO+and+Amazon+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F05%2F15%2Fslowbalization-trend-signals-subdued-growth-in-global-trade-plus-the-latest-on-diesel-powered-trucking-b2b-logistics-startups-cosco-and-amazon%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\/05\/15\/slowbalization-trend-signals-subdued-growth-in-global-trade-plus-the-latest-on-diesel-powered-trucking-b2b-logistics-startups-cosco-and-amazon\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/452.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"70758\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/15\/slowbalization-trend-signals-subdued-growth-in-global-trade-plus-the-latest-on-diesel-powered-trucking-b2b-logistics-startups-cosco-and-amazon\/452-jpg-6\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/452.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"452.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/452.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/452.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-70757\" class=\"content-area-description single-story post-70757 post type-post status-publish format-standard has-post-thumbnail hentry category-logistics-in-the-news tag-amazon tag-e-commerce tag-enterprise-logistics tag-logistics-in-the-news tag-ma tag-startup 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\/5\/.f3482338-2cfd-4121-ae8f-c733039c0cd5.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\">The worst of the global trade slowdown is likely over, but a rapid recovery is not <\/span><span style=\"font-weight:700\">expected<\/span><span style=\"\">, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bloomberg.com\/graphics\/global-trade-indicators\/?srnd=economics-trade\" style=\"\">Bloomberg<\/a><\/span><span style=\"font-weight:400;\">reports. Five of the 10 indicators on the Bloomberg Trade Tracker remained below normal levels in mid-May, as key ports worldwide witnessed a decline in shipping and export volumes. Sentiment remains low, but it is slowly improving as shipping delays and raw material costs normalize. <\/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\">New orders signal that better days are coming, but growth will likely be moderate<\/span><span style=\"font-weight:400;\">, Bloomberg writes. The \"slowbalization\" trend \u2014 which refers to a considerable slowdown in cross-border flows and investment after a rapid phase of globalization \u2014 indicates that any potential recovery in trade will probably be \u201csubdued,\u201d the news information service writes. The reopening of China's economy might boost consumer demand, but it is not clear whether it will be enough to counterbalance the downturn in the US and Europe.<\/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\">Up to half of the USD 4 tn diesel-powered freight truck market can make the <\/span><span style=\"font-weight:700\">switch to EVs on a cost-efficient basis<\/span><span style=\"\">, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.cnbc.com\/2023\/05\/11\/evs-now-make-sense-for-half-of-4-trillion-truck-market-einride-ceo.html\" style=\"\">CNBC<\/a><\/span><span style=\"\"> quotes Swedish EV trucking startup <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.einride.tech\/\" style=\"\">Einride\u2019s<\/a><\/span><span style=\"font-weight:400;\"> CEO Robert Falck as saying. Einride\u2019s ultimate goal is fully autonomous EV trucking, however, that may take up to 25 years to achieve, Falck says. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">ALSO WORTH KNOWING- <\/span><\/p>\n<ul>\n<li><span style=\"font-weight:700\">Funding <\/span><span style=\"\">for<\/span><span style=\"font-weight:700\"> logistics startups <\/span><span style=\"\">is<\/span><span style=\"font-weight:700\"> drying up <\/span><span style=\"\">as the covid-19 pandemic <\/span><span style=\"\">subsides and funders are becoming more selective with their seed and mid-stage investments amid an environment of heightened interest rates. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wsj.com\/articles\/as-pandemic-era-investor-fervor-eases-money-gets-tight-for-logistics-startups-2dc0e324\" style=\"\">Wall Street Journal<\/a><\/span><span style=\"\">) <\/span><\/li>\n<li><span style=\"\">Chinese shipping firm<\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/en.coscoshipping.com\/\" style=\"\">COSCO<\/a><\/span><span style=\"\">will<\/span><span style=\"font-weight:700\"> acquire <\/span><span style=\"\">a<\/span><span style=\"font-weight:700\"> 24.99% stake <\/span><span style=\"\">in<\/span><span>Hamburger Hafen und Logistik\u2019s <\/span><span style=\"font-weight:700\">Container Terminal<\/span><span style=\"font-weight:700\"> Tollerort (CTT) <\/span><span>at Hamburg Port after<\/span><span style=\"\"> receiving the greenlight from the German government on 10 May. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/en.coscoshipping.com\/art\/2023\/5\/12\/art_6923_322523.html\" style=\"\">Statement<\/a><\/span><span style=\"font-weight:400;\">)<\/span><\/li>\n<li><span style=\"\">E-commerce giant <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.amazon.com\/\" style=\"\">Amazon<\/a><\/span><span style=\"\"> has <\/span><span style=\"font-weight:700\">overhauled<\/span><span style=\"\"> its <\/span><span style=\"font-weight:700\">logistic network<\/span><span style=\"\">, prioritizing domestic <\/span><span style=\"\">shipping and placing commonly bought products closer to customers in areas that often buy them, in an effort to cut back on travel times across the US and improve efficiency and profitability. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wsj.com\/articles\/amazon-overhauls-delivery-network-to-dispatch-packages-faster-more-cheaply-c10be8b9\" style=\"\">Wall Street Journal<\/a><\/span><span style=\"\">)<\/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\/amazon\/\">Amazon<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/e-commerce\/\">e-commerce<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/logistics-in-the-news\/\">LOGISTICS IN THE NEWS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/ma\/\">M&amp;A<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/startup\/\">startup<\/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=\"70759\" 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=\"70759\">\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\">Also on Our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/15\/brazilian-mining-firm-vale-eyes-rail-link-between-facilities-in-uae-oman-plus-news-from-hexcel-air-arabia-wizz-arabia-mahindra-logistics-suez-canal-authority\/\">\r\n                            Brazilian mining firm Vale eyes rail link between facilities in UAE + Oman. PLUS: News from Hexcel, Air Arabia, Wizz Arabia, Mahindra Logistics + Suez Canal Authority                        <\/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\/05\/15\/brazilian-mining-firm-vale-eyes-rail-link-between-facilities-in-uae-oman-plus-news-from-hexcel-air-arabia-wizz-arabia-mahindra-logistics-suez-canal-authority\/\" 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\/05\/15\/brazilian-mining-firm-vale-eyes-rail-link-between-facilities-in-uae-oman-plus-news-from-hexcel-air-arabia-wizz-arabia-mahindra-logistics-suez-canal-authority\/')\">\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\/05\/15\/brazilian-mining-firm-vale-eyes-rail-link-between-facilities-in-uae-oman-plus-news-from-hexcel-air-arabia-wizz-arabia-mahindra-logistics-suez-canal-authority\/\">\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=Brazilian mining firm Vale eyes rail link between facilities in UAE + Oman. PLUS: News from Hexcel, Air Arabia, Wizz Arabia, Mahindra Logistics + Suez Canal Authority&url=https:\/\/enterpriseam.com\/logistics\/2023\/05\/15\/brazilian-mining-firm-vale-eyes-rail-link-between-facilities-in-uae-oman-plus-news-from-hexcel-air-arabia-wizz-arabia-mahindra-logistics-suez-canal-authority\/\">\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\/05\/15\/brazilian-mining-firm-vale-eyes-rail-link-between-facilities-in-uae-oman-plus-news-from-hexcel-air-arabia-wizz-arabia-mahindra-logistics-suez-canal-authority\/&title=Brazilian mining firm Vale eyes rail link between facilities in UAE + Oman. PLUS: News from Hexcel, Air Arabia, Wizz Arabia, Mahindra Logistics + Suez Canal Authority\">\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=Brazilian+mining+firm+Vale+eyes+rail+link+between+facilities+in+UAE+%2B+Oman.+PLUS%3A+News+from+Hexcel%2C+Air+Arabia%2C+Wizz+Arabia%2C+Mahindra+Logistics+%2B+Suez+Canal+Authority+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F05%2F15%2Fbrazilian-mining-firm-vale-eyes-rail-link-between-facilities-in-uae-oman-plus-news-from-hexcel-air-arabia-wizz-arabia-mahindra-logistics-suez-canal-authority%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\/05\/15\/brazilian-mining-firm-vale-eyes-rail-link-between-facilities-in-uae-oman-plus-news-from-hexcel-air-arabia-wizz-arabia-mahindra-logistics-suez-canal-authority\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-70759\" class=\"content-area-description single-story post-70759 post type-post status-publish format-standard hentry category-also-on-our-radar tag-also-on-our-radar tag-aviation tag-enterprise-logistics tag-logistics tag-rail tag-suez-canal 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\/5\/.f1a3b8a1-1ca2-4016-ab1c-368bc4755e64.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;\">RAIL-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/uaeoman.etihadrail.ae\/\" style=\"\">Oman and Etihad Rail Company<\/a><\/span><span style=\"font-weight:700\"> and Brazilian mining firm <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.vale.com\/\" style=\"\">Vale<\/a><\/span><span style=\"font-weight:700\"> are looking into <\/span><span style=\"font-weight:700\">connecting Vale\u2019s facilities in Oman and the UAE via rail,<\/span><span> according to a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/wam.ae\/en\/details\/1395303157465\" style=\"\">press release<\/a><\/span><span style=\"font-weight:400;\">. The two sides signed a memorandum of understanding (MoU) to work on developing \u201cintegrated logistical solutions\u201d to ship iron ore and derivatives from Vale\u2019s industrial hub in Oman\u2019s Sohar Port and Freezone to a network of factories and distribution points in Vale\u2019s \u201cplanned mega-industrial complex\u201d in the UAE, according to the release. <\/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 Oman and Etihad Rail Company: <\/span><span>Etihad Rail and Oman Rail signed an <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wam.ae\/en\/details\/1395303087634\" style=\"\">agreement<\/a><\/span><span> late last year to create The Oman and Etihad Rail Company. The entity is co-owned by Oman and the UAE\u2019s governments and yields USD 3 bn in capital slated for the design, development, and operation of railways linking Oman\u2019s Sohar Port with the UAE\u2019s national railway network. The transport link between the UAE and Oman, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.etihadrail.ae\/network\" style=\"\">first announced<\/a><\/span><span style=\"font-weight:400;\"> in September, is aimed at bolstering trade between the two countries and the region. The rail line will serve both passenger and freight trains. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">MARITIME-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">SCA + Alexandria Shipyard to build two tugboats:<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.suezcanal.gov.eg\/English\/Pages\/default.aspx\" style=\"\">The Suez Canal Authority<\/a><\/span><span style=\"\"> (SCA) <\/span><span>has inked an agreement with <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.alexyard.com.eg\/\" style=\"\">Alexandria Shipyard<\/a><\/span><span>, a subsidiary of Egypt\u2019s military-owned Marine Industries and Services Organization, for the construction and supply of two tugboats, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bit.ly\/451glKs\" style=\"\">Al Borsa<\/a><\/span><span> reports<\/span><span>. The tugboats, which will be designed by Norwegian <\/span><span>marine solutions provide<\/span><span>r <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.kongsberg.com\/maritime\" style=\"\">Kongsberg Maritime<\/a><\/span><span style=\"font-weight:400;\"> will be 71.6m long, 18.5m wide, and will be able to pull vessels weighed up to 190 tonnes, according to the news outlet. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">SOUND SMART<\/span><span style=\"font-weight:400;\">- A tugboat is a vessel that moves other vessels around by pulling or pushing them through direct contact or a tow line. <\/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;\">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\">Indian logistics solutions provider<\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/mahindralogistics.com\/\" style=\"\">Mahindra Logistics<\/a><\/span><span style=\"font-weight:700\"> has launched cargo charter <\/span><span style=\"font-weight:700\">operations in the Middle East<\/span><span>, with headquarters based out of Dubai, according to a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/mahindra-logistics-launches-international-cargo-charter-operations-in-middle-east-fvxzhyld\" style=\"\">press release<\/a><\/span><span>.<\/span><span style=\"font-weight:400;\">The company will partner with customers in the electronics, consumer durables, pharma, and engineering sectors, and will service the MENA region with dedicated aircrafts, the company 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\">Hexcel inaugurates expansion of manufacturing plant in Morocco: <\/span><span style=\"\">Aeronautic Manufacturer <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.hexcel.com\/\" style=\"\">Hexcel<\/a><\/span><span style=\"\"> inaugurated an expansion of its <\/span><span>manufacturing<\/span><span> plant in Morocco to accommodate increased demand from the aerospace industry for lightweight advanced composites, Moroccan state news agency <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.mapnews.ma\/en\/actualites\/economy\/aeronautics-hexcel-inaugurates-extension-its-plant-casablanca\" style=\"\">Map News<\/a><\/span><span>reports. The expansion will double the size of the plant, which is located in the Midparc Free Trade Zone in Casablanca, to 24k square meters. Its workforce is also expected to increase from 145 employees to around 400. The plant turns lightweight honeycomb materials into engineered core parts <\/span><span>that are used for lightweight aerospace parts like engine nacelles and helicopter blades.<\/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=\"\">Sharjah-based budget airline<\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.airarabia.com\/en\" style=\"\">Air Arabia<\/a><\/span><span style=\"\">will launch<\/span><span style=\"font-weight:700\"> daily direct flights <\/span><span style=\"\">between <\/span><span style=\"font-weight:700\">Sharjah<\/span><span style=\"\"> and<\/span><span style=\"font-weight:700\">Bangkok<\/span><span> starting 30 June. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/press.airarabia.com\/air-arabia-adds-bangkok-to-its-global-network\/\" style=\"\">Statement<\/a><\/span><span>)<\/span><\/li>\n<li><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/wizzair.com\/en-gb\" style=\"\">Wizz Air<\/a><\/span><span style=\"\">will introduce<\/span><span style=\"font-weight:700\"> four flights <\/span><span style=\"\">from<\/span><span style=\"\">Egypt\u2019s<\/span><span style=\"font-weight:700\"> Sphinx Airport to Italy <\/span><span style=\"\">starting <\/span><span>mid-June.<\/span><span>(<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.egyptindependent.com\/wizz-air-to-operate-4-flights-to-italy-from-sphinx-airport-official\/\" style=\"\">Egypt Independent<\/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\/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\/logistics\/\">logistics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/rail\/\">RAIL<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/suez-canal\/\">Suez Canal<\/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=\"70761\" 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\/05\/15\/70761\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-70761\" class=\"content-area-description single-story post-70761 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;\">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 hand over 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>May: The <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f534b97d-e913-458e-bfd0-7af5813d916a\" style=\"\">Arab<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f534b97d-e913-458e-bfd0-7af5813d916a\" style=\"\">Academy for Science, Technology and Maritime Transport (AAST)<\/a><\/span><span style=\"font-weight:400;\"> will roll out its first locally-made electric cargo transport vehicle.<\/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>15-16 May (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.terrapinn.com\/exhibition\/roads-traffic\/index.stm\" style=\"\">The Road and Traffic Expo<\/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>15-19 May (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.uaemaritimeweek.com\/en\/home.html\" style=\"\">The UAE Maritime Week<\/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=\"\">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=\"\">, 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 (Tuesday-Thursday): <\/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>, 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 (Tuesday-Thursday): <\/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 (Tuesday-Thursday): <\/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 (Tuesday-Thursday): <\/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>16 - 23 May (Tuesday-Tuesday): Subscription window for retail Investors, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.adnoc.ae\/en\/adnocls-ipo\" style=\"\">ADNOC L&S IPO<\/a><\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>16 - 24 May (Tuesday - Wednesday): Subscription window for institutional investors, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.adnoc.ae\/en\/adnocls-ipo\" style=\"\">ADNOC L&S IPO<\/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:400;\">18 May (Thursday): 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 style=\"font-weight:400;\">18-19 May (Thursday-Friday): XIV International Russia\u2014Islamic Wold: KazanForum, Kazan Expo, Kazan, Russia<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>24 May (Wednesday): <\/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>29-31 May (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.evinnovationsummit.com\/about\" style=\"\">Electric Vehicle Innovation Summit 2023<\/a><\/span><span style=\"font-weight:400;\"> Adnec, 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: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>1 June (Thursday): Listing of shares on ADX, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.adnoc.ae\/en\/adnocls-ipo\" style=\"\">ADNOC L&S IPO<\/a><\/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>12-15 June (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/saudipp.com\/\" style=\"\">Saudi Plastics & Petrochem<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, KSA.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>14-16 June (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/mt-its2023.eurecom.fr\/\" style=\"\">International Conference on Models and Technologies for Intelligent Transportation Systems<\/a><\/span><span style=\"font-weight:400;\">, Nice, France. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>20-23 June (Tuesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/trb.secure-platform.com\/a\/page\/marinetransport\" style=\"\">Conference on the Marine Transportation System Innovative Science and Technologies Toward Greater Sustainability<\/a><\/span><span style=\"font-weight:400;\">, Washington, DC, US.<\/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\">SEPTEMBE<\/span><span style=\"font-weight:400;\">R<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>5 September (Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.itp.events\/LeadersinLogisticsKSASummit?lang=en#\/?lang=en\" style=\"\">The Leaders in Logistics KSA Summit<\/a><\/span><span style=\"font-weight:400;\">, Riyadh. <\/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\">NOVEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>1 November (Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/smartmaritimenetwork.com\/dubai-conference-2022\/\" style=\"\">Smart Maritime Network Dubai Conference<\/a><\/span><span style=\"font-weight:400;\">, Conrad Dubai, UAE. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>14-15 November (Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"http:\/\/sclsaudi.com\/\" style=\"\">Supply Chain & Logistics Arabia<\/a><\/span><span style=\"font-weight:400;\">, Narcissus, Riyadh, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>15 November (Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.itp.events\/LeadersinLogisticsSummit?lang=en#\/?lang=en\" style=\"\">Leaders in Logistics UAE 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>21-23 November (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/informaconnect.com\/intermobility-expo\/\" style=\"\">Intermobility Expo 2023<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Center, Dubai, UAE.<\/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>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:400;\">2H2023: Expansion of Baghdad International Airport to begin.<\/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 style=\"font-weight:700\">FEBRUARY 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>28 February-1 March (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.menatransport.org\/website\/3387\/\" style=\"\">MENA Transport Congress and Exhibition 2024<\/a><\/span><span style=\"font-weight:400;\">, Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">MARCH 2024<\/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;\">12-14 March (Tuesday- Thursday): IATA World Cargo Symposium, Hong Kong International Airport.<\/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 2024<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>2-3 May (Thursday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/genevadry.com\/\" style=\"\">Geneva Dry<\/a><\/span><span style=\"font-weight:400;\">, Geneva, Switzerland, Hotel President Wilson.<\/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 style=\"font-weight:400;\">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":70741,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-70740","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"800baf4c-d712-488e-8b9f-4894c55dd334","teaser":"","photo_url":"https:\/\/ent.news\/2023\/5\/788.jpeg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Earnings extravaganza + Enterprise Exports and FDI Forum gets underway - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/logistics\/issues\/earnings-extravaganza-enterprise-exports-and-fdi-forum-gets-underway\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" 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