{"id":71276,"date":"2023-06-06T01:15:00","date_gmt":"2023-06-06T01:15:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=71276"},"modified":"2025-12-15T12:43:12","modified_gmt":"2025-12-15T12:43:12","slug":"its-pmi-week","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/its-pmi-week\/","title":{"rendered":"It\u2019s PMI week"},"content":{"rendered":"<section id=\"71278\" 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=\"71278\">\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\/06\/06\/today-king-abdullah-port-sets-container-handling-record-saudi-arabia-cuts-oil-output-threatening-supply-squeeze-in-2h-2023\/\">\r\n                            TODAY: King Abdullah port sets container handling record + Saudi Arabia cuts oil output, threatening supply squeeze in 2H 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 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                     <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/244.jpeg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"71279\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/06\/06\/today-king-abdullah-port-sets-container-handling-record-saudi-arabia-cuts-oil-output-threatening-supply-squeeze-in-2h-2023\/244-jpeg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/244.jpeg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"244.jpeg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/244.jpeg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/244.jpeg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-71278\" class=\"content-area-description single-story post-71278 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-enterprise-logistics tag-oil tag-port tag-saudi-arabia tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/6\/.94fc8021-3ca9-4e72-ad6c-20b6dc3a06a5.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, friends. <\/span><span style=\"\">We have a brisk issue for you this morning, with the single big story<\/span><span style=\"font-weight:400;\"> being how non-oil private sector activity did in May in Qatar, UAE, KSA and Egypt. <\/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- Don\u2019t miss our Coffee With\u2026 interview with Schenker Egypt\u2019s CEO, Khaled<\/span><span style=\"font-weight:700\"> Morsy<\/span><span style=\"font-weight:400;\">, who talked to us about how Egypt can boost its logistics performance and accelerate exports, and what it needs to do to improve its transit 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: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\">ENTERPRISE IS LOOKING FOR SMART, TALENTED PEOPLE of all backgrounds to help us build some very cool new things.<\/span><span style=\"font-weight:400;\"> Enterprise \u2014 the essential morning read on all the important news shaping business and the economy in Egypt and the region \u2014 is looking for writers, reporters and editors to help us build out new publications. Today, we run four daily Egypt and MENA-focused publications, five weekly industry verticals, and a weekend lifestyle edition designed to make our readers feel just a bit smarter.<\/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 have tons more in the pipeline \u2014 come help us build new publications.<\/span><span style=\"font-weight:400;\"> We offer the chance to work in a fast-paced newsroom on a broad range of topics and in a variety of formats. Our goal is simple: To create value for our growing community of >250k daily readers by telling stories that matter.<\/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;\">Journalists looking to explore business, finance and economic stories are welcome. So are recent journalism school graduates.<\/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\">That said, we're looking for gifted story-tellers from all walks of life and across all professions<\/span><span style=\"font-weight:400;\">, as long as they show a keen interest in learning to write about the stories, topics, businesses, and figures moving markets. Egyptian and foreign nationals alike are welcome to apply. So are job-switchers: If you\u2019re an equities analyst tired of the rat race, we\u2019re a great place to come work.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">NEVER WORKED IN A NEWSROOM BEFORE?<\/span><span style=\"font-weight:400;\"> We have the Enterprise Business Writing Development Program. Whether you are a recent graduate, an industry vet, or looking to switch careers, the Enterprise Business Writing Development Program will give you the tools you need to tell the most important stories to our audience of C-suite officials, government ministers, diplomats, financiers, investors and entrepreneurs.<\/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;\">During the program you will learn:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight:400;\">The key news stories and trends shaping business and the economy in Egypt and the region, across various sectors;<\/span><\/li>\n<li><span style=\"font-weight:400;\">Business and finance for non-finance people: Whether it's industry jargon or key concepts or simply how to read a balance sheet;<\/span><\/li>\n<li><span style=\"font-weight:400;\">How to construct an Enterprise story: From idea formulation down to the structure, style and tone of writing;<\/span><\/li>\n<li><span style=\"font-weight:400;\">How to develop sources that will give you the key insights needed to tell a complete story;<\/span><\/li>\n<li><span style=\"font-weight:400;\">How to communicate these stories with the confidence and language of an insider.<\/span><\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Not an internship program \u2014 a career:<\/span><span style=\"font-weight:400;\"> The three-month program will see full-time, paid participants take part in workshops and lectures from veteran business journalists, while also working on and filing stories that will run on any of our publications. Those who have successfully completed the program, will then be given long-term job offers.<\/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\">Apply directly to jobs@enterprisemea.com and mention \u201cwriting development program\u201d<\/span><span style=\"font-weight:400;\"> in your subject 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: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\">HAPPENING TODAY-<\/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=\"\"><a id=\"wwtt2\"><\/a><\/span><span style=\"font-weight:700\"> DATA POINT #1- Iran saw a 57% y-o-y rise in imports during May, <\/span><span style=\"font-weight:700\">amounting to USD 4.9 bn worth of goods<\/span><span>,<\/span><span>according to customs data cited by<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iranintl.com\/en\/202306042773\" style=\"\">Iran International<\/a><\/span><span>.<\/span><span> China, the UAE, Turkey, Germany, and Russia were the country\u2019s top exporters. Non-oil exports rose 6.1% y-o-y during the same period to USD 3.8 bn. The non-oil trade balance saw a USD 1.1 bn deficit, compared with a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.tasnimnews.com\/en\/news\/2023\/05\/10\/2892707\/iran-s-non-oil-trade-with-neighbors-exceeds-3-5-billion-in-one-month-spokesman\" style=\"\">USD 558 mn surplus<\/a><\/span><span style=\"font-weight:400;\"> a month earlier.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">DATA POINT #2- The D<\/span><span style=\"font-weight:700\">ubai Airport Freezone\u2019s (DAFZ) <\/span><span style=\"font-weight:700\">logistics movement management<\/span><span style=\"font-weight:700\"> system <\/span><span style=\"font-weight:700\">DAFZ-WAY<\/span><span style=\"font-weight:700\">saw a 197% y-o-y rise in transactions in 2022<\/span><span>, 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\/dafz-way-logistic-transactions-grow-by-197-in-2022-lfj2rgys\" style=\"\">press release<\/a><\/span><span>. It also witnessed a 44% increase in the number of companies employing the solution during the same period. <\/span><span>The <\/span><span>DAFZ-WAY<\/span><span style=\"font-weight:400;\">system allows customers, cargo handlers, and local companies to move goods through the freezone\u2019s gate using a QR-code-based pass. <\/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=\"\"><a id=\"wwtt3\"><\/a> <\/span><span style=\"font-weight:700\">DATA POINT #3- KSA\u2019s King Abdullah Port sets container handling record:<\/span><span style=\"\"> King <\/span><span>Abdullah Port in Saudi Arabia has set a record for the highest number of containers handled during a single call at a Saudi port, 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\/king-abdullah-port-celebrates-highest-record-handling-of-20-153-teu-on-single-vessel-in-saudi-ports-x4scsthp\" style=\"\">statement<\/a><\/span><span>, which did not disclose the exact date the record was set<\/span><span style=\"font-weight:400;\">. The port handled a little over 20.1k containers on the 13.1k TEU container ship MSC Renee within a span of 77.46 hours. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"><a id=\"wwtt4\"><\/a><\/span><span style=\"font-weight:700\"> DATA POINT #4- Qatari ports handled 227 vessels in May, a 6% y-o-y increase<\/span><span style=\"\">, <\/span><span>according to a Mwani Qatar <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/permalink.php?story_fbid=pfbid02Tc5dx1P8TnJVfD7USm9VwzaA3P1DLJBKbfdamV5fJn91rxeVvggK42zPGajVYGoTl&id=100064440502596\" style=\"\">statement<\/a><\/span><span>. The month saw Qatari ports process over 95k TEUs of containers and almost 83k tonnes of cargo. Livestock volumes grew by 727% and building materials by 95% compared to the same period last year.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight: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;\">MARKET WATCH-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"><a id=\"wwtt1\"><\/a>  <\/span><span style=\"font-weight:700\">Saudi Arabia will voluntarily cut oil production by 1 mn barrels per day<\/span><span style=\"\"> (bbl \/ d), the country\u2019s <\/span><span>E<\/span><span>nergy Ministry said in a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/MoEnergy.Saudi\/posts\/pfbid0Rp1KM2aUWoqbU5fv17gDcCptj6faUX3SQ8RcyPKE6JFjpP4gSApeVZH6sviuWA9bl\" style=\"\">statement<\/a><\/span><span>,<\/span><span style=\"font-weight:400;\"> after the OPEC+ group of oil producers failed to agree on new curbs during a tense meeting in Vienna yesterday. The reduction comes on top of its 500k bbl \/ d voluntary cut in April, and will see the kingdom\u2019s production fall to its lowest level in several years. Speaking following the meeting, Saudi Energy Minister Prince Abdulaziz bin Salman said the kingdom \u201cwill do whatever is necessary\u201d to stabilize the market. April\u2019s supply cut has failed to support oil prices, which have been on a downward trend in recent weeks on fears of a global economic slowdown.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">This could ultimately<\/span><span style=\"font-weight:700\"> affect tonnage supply in the crude tanker market: <\/span><span style=\"\">If OPEC+ <\/span><span>maintains production cuts, there may be a supply shortage in 2H 2023, driven by increasing demand from China, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.hellenicshippingnews.com\/g7-price-cap-threatens-to-squeeze-tonnage-supply-in-crude-tanker-market\/\" style=\"\">Drewry<\/a><\/span><span> writes. <\/span><span>Falling oil prices and concerns over the global economy had caused Brent prices to dip below USD 75 per barrel<\/span><span> earlier this year, but prices have been on the rise over the past few weeks following <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/76c7d88a-9c6f-4215-b298-7fd088c9a720\" style=\"\">OPEC+\u2019s surprise oil production cut<\/a><\/span><span style=\"font-weight:400;\"> in April. If the market remains in deficit, OPEC+ may lift the production curbs, raising the risk of Russian crude prices surpassing the G7's USD 60 \/ bbl cap, Drewry anticipates. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">It could also add to the risks rising from a surge in \u201cgray trade\u201d:<\/span><span> The p<\/span><span style=\"font-weight:400;\">ossibility of a surge in gray trade and a rise in ship-to-ship transfers \u201ccannot be ruled out,\u201d Drewry writes. This will tighten the already tight supply of tonnage in the crude tanker market, the maritime research consultancy 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;\">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.iata.org\/en\/events\/agm\/agm-2023\/\" style=\"\">IATA Annual General Meeting and World Air Transport Summit<\/a><\/span><span style=\"font-weight:700\"> kicked off on <\/span><span style=\"font-weight:700\">Sunday at <\/span><span style=\"font-weight:700\">Hilton Bomonti Hotel in Istanbul, Turkey and will end today<\/span><span>. The event gathered airline leaders from across the globe to discuss post-pandemic aviation, sustainability in aviation, operational challenges from the past year and the future of the industry, according to the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/5\/845.pdf\" style=\"\">event program (pdf)<\/a><\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Bidding for the project developer contract for the joint Jordan-Iraq economic city<\/span><span style=\"font-weight:700\">began on<\/span><span style=\"font-weight:700\"> 30 May<\/span><span>, according to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/petra.gov.jo\/Include\/InnerPage.jsp?ID=50453&lang=en&name=en_news&cat=en_news\" style=\"\">Jordan News Agency<\/a><\/span><span> (Petra). The door will remain open for bidding until 29 June. The project, which will provide integration across an array of fields and sectors, is located on the borders of the two countries, according to Petra. The industries and products in the economic zone will benefit from Jordan\u2019s trade agreements with other countries, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/petra.gov.jo\/Include\/InnerPage.jsp?ID=44776&lang=en&name=en_news\" style=\"\">Petra<\/a><\/span><span style=\"font-weight:400;\"> reported earlier. <\/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\">Deadline for design bids for Al Ghuwaifat Customs Clearance Center is coming <\/span><span style=\"font-weight:700\">up:<\/span><span style=\"\"> The Abu Dhabi Investment Office and the Department of Municipalities and Transport are inviting proposals for the design, construction, maintenance and operation of Al Ghuwaifat Customs Clearance Center in Abu Dhabi, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.constructionweekonline.com\/projects-tenders\/abu-dhabi-investment-office-calls-for-rfps\" style=\"\">Construction Week<\/a><\/span><span style=\"\"> reports. The deadline for proposal submissions is 3 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:700\">Check out our full calendar<\/span><span style=\"font-weight:400;\"> at the bottom of this email for a comprehensive listing of upcoming news events and news triggers.<\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/oil\/\">oil<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/port\/\">port<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" 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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=\"71281\">\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\">Purchasing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/06\/06\/non-oil-private-sector-activity-across-gcc-and-mena-countries-show-positive-signs-of-growth-in-may\/\">\r\n                            Non-oil private sector activity across GCC and MENA countries show positive signs of growth in May                        <\/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 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src=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/182.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"71282\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/06\/06\/non-oil-private-sector-activity-across-gcc-and-mena-countries-show-positive-signs-of-growth-in-may\/182-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/182.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"182.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/182.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/182.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-71281\" class=\"content-area-description single-story post-71281 post type-post status-publish format-standard has-post-thumbnail hentry category-purchasing tag-enterprise-logistics tag-pmi tag-purchasing tag-supply-chain 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\/6\/.2e95ded6-a163-475c-bd0f-322097c80d02.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\">Non-oil private sector activity in Qatar grew at ever-faster rates, while UAE and <\/span><span style=\"font-weight:700\">KSA saw slower growth as Egypt\u2019s shows positive signs of improvement: <\/span><span style=\"font-weight:400;\">Purchasing Manager Indices (PMI) tracking non-oil private sectors in UAE, KSA, Qatar, and Egypt were a mixed bag but with all-round hopeful notes. Domestic demand continued to drive growth in UAE and KSA but at a slower pace than previous months. Qatar, on the other hand, saw ever-faster growth. Egypt\u2019s contraction slowed for the second time in as many months with further evidence that demand-corroding inflation was on the mend.<\/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\">Non-oil private sector in the UAE in May remained in growth territory, albeit at a slower pace than in <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;font-weight:700;\"><a href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/45f79eab-939e-44c8-a5e8-4b74843646e2\" style=\"\">April<\/a><\/span><span>, as local demand continued to drive new orders and robust supply chains kept cost pressures in check, according to S&P Global\u2019s UAE <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/6\/222.pdf\" style=\"\">PMI (pdf)<\/a><\/span><span style=\"font-weight:400;\">. The UAE\u2019s PMI reading in May came in at 55.5, lower than the 56.6 posted for April. Despite being at a three-month low, the index is above the long-run average of 54.2.<\/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\">Remember:<\/span><span style=\"font-weight:400;\"> The all-important 50 mark is the threshold separating contraction from growth. Anything above 50 denotes expansion and anything below indicates contraction.<\/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\">Business growth mostly came from rising domestic demand: <\/span><span style=\"font-weight:400;\">Boosted sales in May buoyed the index, with new orders only slightly below April\u2019s 17-month record, the report observed. Firms cited new clients, marketing campaigns, and boosted sales from travel and tourism as driving new orders. Growth was generated by domestic clients, as export orders remained flat. Despite greater business activity and the fastest rate of hiring since July 2016, backlogs continued to accumulate. New orders and expectations that costs will remain stable led to the best business outlook since October 2021.<\/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\">Saudi Arabia\u2019s non-oil private sector in May also extended its growth, but at a slower pace than April,<\/span><span style=\"\"> according to the Riyad Bank\u2019s Saudi Arabia <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/6\/232.pdf\" style=\"\">PMI (pdf)<\/a><\/span><span style=\"font-weight:400;\">. The kingdom saw its PMI reading for May ease to 58.5, slightly below April\u2019s 59.6 but above the 50.0 threshold and the reading\u2019s long-run 56.9 average. <\/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 grew, but at a slower pace than April\u2019s eight-and-a-half-year record<\/span><span style=\"font-weight:400;\">, the report said. The slowdown from April comes despite recent gains in sales to foreign clients. Surveyed respondents cited a better economy, increased travel, tourism, and investments as drivers for new orders. Business activity also increased but at the slowest rate seen so far in 2023. There was also anecdotal evidence for vendors making quicker deliveries, indicating an improvement in supply chains which in turn helped drive an upturn in inventories at the quickest rate since August 2022. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Greater hiring also helped firms erode Saudi businesses\u2019 backlogs.<\/span><span style=\"font-weight:400;\"> All in all, businesses retained a strongly positive outlook for the year ahead, citing improving market conditions, a robust sales pipeline, and supportive government policies. Nevertheless, a more competitive environment meant that sentiments were lower than April, falling to their lowest in one year. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Activity in Qatar\u2019s non-oil sector accelerated for the sixth time in seven months<\/span><span style=\"\">, according to the Qatar Financial Center (QFC<\/span><span style=\"\">) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/6\/240.pdf\" style=\"\">PMI (pdf)<\/a><\/span><span style=\"font-weight:400;\"> released yesterday. Qatar\u2019s PMI came in at 55.6, higher than April\u2019s 54.4. The latest number is the highest since July 2022 and is well above the long-run average of 52.3, with the output, new orders, employment, and purchasing components of the index all seeing faster growth.<\/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\">Growth in output and new orders boosted the index, with hiring and stocks of purchases also contributing to the improvement<\/span><span style=\"font-weight:400;\">, the report said. New orders grew at their fastest rate in ten months, with businesses reporting new contracts with new and retained customers as well as new product offerings and sales from tourism. Hiring rose at its fastest rate since July 2022, which helped firms further erode their backlogs of activity. Despite an increase in demand for production inputs, supply chains managed to cope with the upturn and lead times saw further cuts. Outlook for the coming year was also the most hopeful in three months. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Business activity in Egypt is also showing some signs of improvement: <\/span><span style=\"\">Contraction in Egypt\u2019s non-oil private sector slowed to its softest pace since February 2022 in May, according to S&P Global\u2019s Egypt <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/6\/236.pdf\" style=\"\">PMI (pdf)<\/a><\/span><span style=\"font-weight:400;\">. The country\u2019s PMI rose to 47.8 in May from 47.3 in April, marking a second consecutive month of improvement but remaining below the 50.0 mark that separates growth from contraction. <\/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\">Softer price hikes helped the picture:<\/span><span style=\"font-weight:400;\"> \u201cCompanies signaled that input cost pressures were again much softer than at the beginning of the year, as a period of stabilization in the EGP versus the USD helped to cool import markets. This led to another relatively soft rise in selling charges, providing some hope that consumer price inflation will fall again in May,\u201d said David Owen, senior economist at S&P Global Market Intelligence, who also remarked that despite the index remaining in negative territory, recent gains indicate that \u201ccurrent economic headwinds were beginning to dissipate.\u201d<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Demand conditions on the up?<\/span><span style=\"font-weight:400;\"> Output levels continued to decline but at their softest rate since the start of 2021, while new orders dropped at their slowest rate in seven months. Business activity came close to stabilizing in the manufacturing and services sectors. Business intakes in the service sector rose for the second time in three months, suggesting that consumer demand could finally be on the mend.<\/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\">Nevertheless, outlook remains among the lowest on record<\/span><span style=\"font-weight:400;\">, with only 6% of the survey respondents expecting an increase in output over the next 12 months. <\/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\/pmi\/\">PMI<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/purchasing\/\">PURCHASING<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/supply-chain\/\">supply chain<\/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=\"71283\" 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=\"71283\">\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\">Coffee with...<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/06\/06\/coffee-with-schenker-egypts-khaled-morsy\/\">\r\n                            Egypt\u2019s logistics sector has the potential of matching the GCC \u2014 here\u2019s what\u2019s missing, according to Schenker Egypt\u2019s Khaled Morsy                        <\/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\/06\/06\/coffee-with-schenker-egypts-khaled-morsy\/\" 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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It is also working on expanding its port capacity and boosting efficiency through a massive number of projects. One company that has been involved in many of these projects is <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.dbschenker.com\/eg-en\" style=\"\">Schenker Egypt<\/a><\/span><span>, the local arm of DB Schenker, a leading global logistics provider with more than 150 years of experience in land transport, air and ocean freight, and contract logistics and supply chain management. <\/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\">Enterprise Logistics sat down with Schenker Egypt\u2019s CEO, Khaled Morsy <\/span><span>(<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.linkedin.com\/in\/khaled-morsy-4a89674b\/?originalSubdomain=eg\" style=\"\">Linkedin<\/a><\/span><span style=\"font-weight:400;\">), to discuss the company\u2019s plans in Egypt over the next few years, as well as what Morsy thinks the country needs to work on in order for it to become an end-to-end logistics hub for the region. Edited excerpts from our conversation:<\/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\">T<\/span><span style=\"font-weight:700\">he companies\u2019 current priorities in Egypt: <\/span><span>Schenker<\/span><span> is currently the qualifying operator partner for the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.dbschenker.com\/eg-en\/about\/press-center\/corporate-news\/1st-dry-port-in-egypt-628286\" style=\"\">Sixth of October Dry Port<\/a><\/span><span> project, which <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.press\/stories\/2020\/12\/21\/sfe-eyes-sixth-of-october-dry-port-27693\/\" style=\"\">includes<\/a><\/span><span> a container yard, customs clearance offices and agencies, and a container freight station linked through a freight railway which links key seaports. The inland dry port can become a model for similar ports in the pipeline, Morsy told Enterprise Logistics, adding that what makes it a crucial addition to Egypt\u2019s port network is that it is a key component and central hub in the integrated ports and logistics network in Egypt, linked to seaports, railways and the new <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/13c77944-a194-421e-b52d-c3ab09523df6\" style=\"\">high-speed rail network<\/a><\/span><span style=\"font-weight:400;\">, which DB Schenker is also operating along with Elsewedy Electric. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">It\u2019s also in a PPP with the Supply Ministry on strategic warehouses: <\/span><span>Schenker Egypt is <\/span><span>working on co-developing one of four of the Egyptian Supply Ministry\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0ab5eaaa-91d0-45f5-a884-103468011eaf\" style=\"\">strategic warehouses<\/a><\/span><span style=\"font-weight:400;\">, Morsy said. The public-private partnership structure is a \u201ckey prerequisite for boosting exports and accelerating FDI,\u201d Morsy said. \u201cWe believe public-private partnerships (PPPs) are essential to develop the ports and logistics infrastructure network in Egypt,\u201d Morsy 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\">And is working on making its operations green:<\/span><span style=\"font-weight:400;\"> It also plans to expand its use of electric vehicles (EVs) across its fleet from 12 currently to a few hundred over the next few years, Morsy said, adding that it is working on expanding the use of solar power to cover 25% of its warehouse footprint in Egypt over the coming three years, he 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\">Recent infrastructure developments make Egypt attractive to investors, Morsy says: <\/span><span style=\"font-weight:400;\">The development work that has been done on roads and mobility over the past few years has helped drum up interest among investors, Morsy said. Ongoing expansions to ports \u2014 which will see them grow their capacity significantly over the next few years, Morsy said \u2014 is also a chief attraction to investors, he notes. These expansions place Egypt as \u201cone of the biggest, if not the biggest, in the East Med,\u201d in terms of port efficiency and capacity, he 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\">Another strength is Egypt\u2019s massive potential for transit trade: <\/span><span>Many of Egypt\u2019s ports are managed by major global logistics firms like <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.cma-cgm.com\/\" style=\"\">CMA CGM<\/a><\/span><span> and <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.maersk.com\/\" style=\"\">Maersk<\/a><\/span><span style=\"font-weight:400;\">, which helps attract a lot of transit trade volumes, Morsy tells us. \u201cThis is key to boosting Egypt\u2019s FDI and exports,\u201d Morsy tells us. While Egypt has long been a stop for transit trade for carriers across its transit ports, the country is still \u201cnot an end-to-end, transit-friendly location,\u201d Morsy says, comparing it with Jebel Ali in the UAE, which is a benchmark for transit 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\">SOUND SMART-<\/span><span style=\"font-weight:400;\"> Transit trade is when a country helps facilitate the movement of goods between two different destinations.<\/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\">That includes the rigidity of transport networks within the country:<\/span><span style=\"font-weight:400;\"> \u201cTransport of goods in transit within Egypt remains rigid,\u201d he said, explaining that there is currently no way to split cargo and distribute it to other countries, for example. \u201cFull end-to-end transit trade should allow seamless movement of containers between airports and ports, across the transport networks available across the country,\u201d he 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\">While the infrastructure developments have been crucial, they do not work alone<\/span><span style=\"font-weight:400;\">, Morsy said, emphasizing the need for integration between the country\u2019s different nodes and ports through streamline supply chain and trade compliance processes.<\/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\">Standardizing and streamlining customs procedures can help address this issue: <\/span><span style=\"font-weight:400;\">Customs bottlenecks are among the biggest challenges cited by importers and exporters who attempt to move goods in and out of Egypt, Morsy said. \u201cOur customs laws do not allow this to happen in a seamless way,\u201d Morsy states. \u201cThere is a need for clear legislation that makes this process straightforward and does not leave it to different agents\u2019 interpretation,\u201d he 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\">Investing in people is another important factor in the making of a logistics hub: <\/span><span>Egypt\u2019s workforce is one of its most attractive competitive advantages, Morsy said, adding that workers in this sector are \u201ccompetitive and competent.\u201d<\/span><span>Schenker is co-sponsoring a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.dbschenker.com\/global\/about\/press\/global-stories\/free-logistics-education-program-in-egypt\" style=\"\">Logistics Vocational School<\/a><\/span><span style=\"font-weight:400;\"> with El Sewedy Technical Academy, which began operations in 2017, with that in mind. The program, which provides 10 classes across four cities in Egypt and is based on the German vocational training model, qualifies its students to become logistics specialists through training, Morsy said. Some 100 students have graduated and are currently working at Schenker Egypt\u2019s logistics facilities, 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\/coffee-with\/\">COFFEE WITH\u2026<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/spotlight\/\">spotlight<\/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=\"71285\" 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=\"71285\">\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\">Diplomacy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/06\/06\/iraq-and-syria-meet-discuss-ending-cross-border-drug-trade\/\">\r\n                            Iraq and Syria discuss curbing cross-border narcotics trade                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta 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              \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/06\/06\/iraq-and-syria-meet-discuss-ending-cross-border-drug-trade\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/195.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"71286\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/06\/06\/iraq-and-syria-meet-discuss-ending-cross-border-drug-trade\/195-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/195.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"195.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/195.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/195.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-71285\" class=\"content-area-description single-story post-71285 post type-post status-publish format-standard has-post-thumbnail hentry category-diplomacy tag-bahrain tag-diplomacy tag-enterprise-logistics tag-iraq tag-israel tag-syria tag-trade wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/6\/.66f40c37-3e88-400a-a59e-6ced4a522e95.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\">Iraq and Syria\u2019s foreign ministers met in Baghdad to discuss tackling drug <\/span><span style=\"font-weight:700\">trafficking across their shared border<\/span><span>, according to an Iraqi ministry <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/MOFA.IQ\/posts\/pfbid02S4rjNbxmBSmFfLAgWSkozgnWzPHLQA5rMinHR45jLBC4E1sMERiRvyyDNSqCfNtdl\" style=\"\">statement<\/a><\/span><span>. \u201cIt\u2019s known that Iraq is a corridor for trafficking and regrettably drug consumption has begun in Iraqi society,\u201d Iraq's Foreign Minister Fuad Hussein said during a joint press conference in Baghdad with his Syrian counterpart Faisal Mekdad, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/world\/middle-east\/iraq-syria-discuss-tackling-cross-border-drug-trade-2023-06-04\/\" style=\"\">Reuters<\/a><\/span><span>reports<\/span><span>. Arab states, including Iraq, <\/span><span>recently elected to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/f5934a57-20f1-406d-ab78-44b76af2f96a\" style=\"\">reinstate<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/f5934a57-20f1-406d-ab78-44b76af2f96a\" style=\"\">Syria's membership<\/a><\/span><span style=\"font-weight:400;\">in the Arab League after it had been shunned for 12 years. Arab nations expect President Bashar Al Assad to control Syria\u2019s burgeoning trade in narcotics, which are produced in Syria and trafficked across the region. <\/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\">Israel and Bahrain set to ink a trade agreement and an investment protection <\/span><span style=\"font-weight:700\">accord to strengthen bilateral ties<\/span><span>, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.jns.org\/middle-east\/abraham-accords\/23\/6\/5\/292624\/\" style=\"\">Jewish News Syndicate<\/a><\/span><span> reports. Israeli ambassador to Oman, Eitan Na\u2019eh, believes that Bahrain can play a crucial role in expanding Israel's connections with other Arab countries in the Gulf, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.jns.org\/middle-east\/abraham-accords\/23\/6\/5\/292624\/\" style=\"\">JNS<\/a><\/span><span style=\"font-weight:400;\">reports. The date and venue of the signing have not yet been finalized, but Israeli Economy Minister Nir Barkat is due to visit Bahrain in the coming months. Israel\u2019s Tourism Minister Haim Katz is also scheduled to visit Manama later this month. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">ICYMI-<\/span><span> Israel signed a landmark <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/fcdb9094-2701-4320-a6b9-5f756ab0faed\" style=\"\">trade agreement with the UAE<\/a><\/span><span style=\"font-weight:400;\"> last year that official estimates project will boost trade from USD 1.2 bn to USD 10 bn within the next five years. <\/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\/bahrain\/\">Bahrain<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/iraq\/\">Iraq<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/israel\/\">Israel<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/syria\/\">Syria<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"71287\" 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=\"71287\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">Logistics in the News<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/06\/06\/supply-shortages-in-the-aviation-industry-could-last-several-years-aercap-ceo\/\">\r\n                            Supply shortages in the aviation industry could last several years -AerCap CEO                        <\/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\/06\/06\/supply-shortages-in-the-aviation-industry-could-last-several-years-aercap-ceo\/\" 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\/06\/06\/supply-shortages-in-the-aviation-industry-could-last-several-years-aercap-ceo\/')\">\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\/06\/06\/supply-shortages-in-the-aviation-industry-could-last-several-years-aercap-ceo\/\">\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=Supply shortages in the aviation industry could last several years -AerCap CEO&url=https:\/\/enterpriseam.com\/logistics\/2023\/06\/06\/supply-shortages-in-the-aviation-industry-could-last-several-years-aercap-ceo\/\">\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\/06\/06\/supply-shortages-in-the-aviation-industry-could-last-several-years-aercap-ceo\/&title=Supply shortages in the aviation industry could last several years -AerCap CEO\">\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=Supply+shortages+in+the+aviation+industry+could+last+several+years+-AerCap+CEO+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F06%2F06%2Fsupply-shortages-in-the-aviation-industry-could-last-several-years-aercap-ceo%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\/06\/06\/supply-shortages-in-the-aviation-industry-could-last-several-years-aercap-ceo\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-71287\" class=\"content-area-description single-story post-71287 post type-post status-publish format-standard hentry category-logistics-in-the-news tag-aercap tag-aviation tag-enterprise-logistics tag-logistics-in-the-news 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\/6\/.8cfa1ed1-a7ac-4974-a1a3-c3884930e755.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\">Airlines are expected to encounter shortages of planes, engines, and <\/span><span style=\"font-weight:700\">parts for several years as they try to meet the surging demand for travel,<\/span><span style=\"\"> CEO of AerCap Aengus Kelly told <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/business\/aerospace-defense\/aercap-ceo-says-airlines-face-supply-squeeze-many-years-2023-06-01\/\" style=\"\">Reuters<\/a><\/span><span style=\"font-weight:400;\">. Most aerospace firms see supply chain problems lasting at least 18 months, but Kelly predicts they will extend well into the second half of the decade and will affect production lines as well as repair facilities. Boeing CEO Dave Calhoun echoed these concerns, pointing to the company's order backlog lasting for the next five to six years. He predicts that it would take until end-2024 before plane makers can significantly boost aircraft output.<\/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\/aercap\/\">AerCap<\/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-in-the-news\/\">LOGISTICS IN THE NEWS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"71289\" 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=\"71289\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">Also on Our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/06\/06\/uae-cracks-down-on-pis-uae-ksa-egypt-lead-data-center-growth-in-mena-plus-new-flight-routes-from-qatar-airways-salamair\/\">\r\n                            UAE cracks down on P&amp;Is + UAE, KSA, Egypt lead data center growth in MENA. PLUS: New flight routes from Qatar Airways + SalamAir                        <\/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\/06\/06\/uae-cracks-down-on-pis-uae-ksa-egypt-lead-data-center-growth-in-mena-plus-new-flight-routes-from-qatar-airways-salamair\/\" 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\/06\/06\/uae-cracks-down-on-pis-uae-ksa-egypt-lead-data-center-growth-in-mena-plus-new-flight-routes-from-qatar-airways-salamair\/')\">\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\/06\/06\/uae-cracks-down-on-pis-uae-ksa-egypt-lead-data-center-growth-in-mena-plus-new-flight-routes-from-qatar-airways-salamair\/\">\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 cracks down on P&#038;Is + UAE, KSA, Egypt lead data center growth in MENA. PLUS: New flight routes from Qatar Airways + SalamAir&url=https:\/\/enterpriseam.com\/logistics\/2023\/06\/06\/uae-cracks-down-on-pis-uae-ksa-egypt-lead-data-center-growth-in-mena-plus-new-flight-routes-from-qatar-airways-salamair\/\">\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\/06\/06\/uae-cracks-down-on-pis-uae-ksa-egypt-lead-data-center-growth-in-mena-plus-new-flight-routes-from-qatar-airways-salamair\/&title=UAE cracks down on P&#038;Is + UAE, KSA, Egypt lead data center growth in MENA. PLUS: New flight routes from Qatar Airways + SalamAir\">\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+cracks+down+on+P%26%23038%3BIs+%2B+UAE%2C+KSA%2C+Egypt+lead+data+center+growth+in+MENA.+PLUS%3A+New+flight+routes+from+Qatar+Airways+%2B+SalamAir+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F06%2F06%2Fuae-cracks-down-on-pis-uae-ksa-egypt-lead-data-center-growth-in-mena-plus-new-flight-routes-from-qatar-airways-salamair%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\/06\/06\/uae-cracks-down-on-pis-uae-ksa-egypt-lead-data-center-growth-in-mena-plus-new-flight-routes-from-qatar-airways-salamair\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/230.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"71290\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/06\/06\/uae-cracks-down-on-pis-uae-ksa-egypt-lead-data-center-growth-in-mena-plus-new-flight-routes-from-qatar-airways-salamair\/230-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/230.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"230.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/230.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/230.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-71289\" class=\"content-area-description single-story post-71289 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-data-center tag-enterprise-logistics tag-qatar tag-saudi-arabia 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\/6\/.d529213c-0468-44a1-b3a6-4b2cd0f068bd.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;\">MARITIME-<\/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\">The UAE cracks down on P&I clubs:<\/span><span style=\"\"> The UAE\u2019s Maritime Administration is requiring <\/span><span style=\"\">all P&I clubs that are not under the fold of the International Group of Protection and Indemnity Clubs that insure UAE-flagged vessels to supply regulators with additional information about their operations, according to a circular cited by <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/splash247.com\/uae-clamps-down-on-smaller-pi-clubs\/\" style=\"\">Splash<\/a><\/span><span style=\"font-weight:400;\">. Clubs have until the end of this month to show that they have an S&P Global rating not lower than \u2018A\u2019 and to disclose claims exceeding USD 10 mn or information on their five largest claims. Clubs must also demonstrate membership in a recognized maritime professional agency or regulatory body as well as demonstrate indemnity ins. capped at no less than USD 10 mn, according to Splash.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The new rules are meant to provide additional technical and regulatory oversight over the country\u2019s maritime sector<\/span><span style=\"\">, which has recently become a hot spot for \u201copaque\u201d fleets used to sidestep sanctions.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">DATA CENTERS- <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Data center growth in the MENA region is expected to be led by the UAE, Saudi Arabia,<\/span><span style=\"font-weight:700\"> and Egypt<\/span><span>, according to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/6\/22.pdf\" style=\"\">research (pdf)<\/a><\/span><span> by investment and commercial real estate firm <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.cbre.com\/\" style=\"\">CBRE<\/a><\/span><span>. The data center capacity in these three markets currently totals some 336 MW, and is expected to grow to 707 MW by 2025, the bulk of which will be in KSA and the UAE, according to the research. \u201cThese three countries\u2019 strong fundamentals are driving activity levels, along with their marked improvements in ease of doing business and data protections laws and also in their subsea cable connectivity,\u201d CBRE said in a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/press-release\/research-and-studies\/mena-data-centre-growth-activity-expected-to-be-led-by-the-uae-saudi-arabia-and-egypt-says-cbre-tubtxjt4\" style=\"\">press release<\/a><\/span><span>.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">ALSO WORTH KNOWING- <\/span><\/p>\n<ul>\n<li><span style=\"font-weight:700\">Qatar Airways<\/span><span style=\"\"> will <\/span><span style=\"font-weight:700\">resume flights<\/span><span style=\"\"> between <\/span><span style=\"font-weight:700\">Doha<\/span><span style=\"\"> and<\/span><span style=\"font-weight:700\"> Cardiff<\/span><span style=\"font-weight:700\">Airport<\/span><span style=\"\"> by the <\/span><span style=\"font-weight:700\">end of<\/span><span style=\"font-weight:700\">2023<\/span><span>. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bbc.com\/news\/uk-wales-65764452\" style=\"\">BBC<\/a><\/span><span style=\"font-weight:400;\">) <\/span><\/li>\n<li><span style=\"font-weight:700\">Oman\u2019s<\/span><span style=\"\"> low-cost carrier <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.salamair.com\/en\/#\" style=\"\">SalamAir<\/a><\/span><span style=\"\"> will introduce <\/span><span style=\"font-weight:700\">direct flights<\/span><span style=\"\"> between <\/span><span style=\"font-weight:700\">Salalah<\/span><span>and <\/span><span style=\"font-weight:700\">Bahrain<\/span><span> starting <\/span><span style=\"font-weight:700\">5 July<\/span><span>.(<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/press.salamair.com\/introducing-new-non-stop-flights-between-salalah-and-bahrain\/\" style=\"\">Press release<\/a><\/span><span>)<\/span><\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/data-center\/\">data center<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/qatar\/\">Qatar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/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=\"71291\" 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\/06\/06\/71291\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-71291\" class=\"content-area-description single-story post-71291 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;\">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>4-6 June (Sunday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iata.org\/en\/events\/agm\/agm-2023\/\" style=\"\">IATA Annual General Meeting and World Air Transport Summit<\/a><\/span><span>, Hilton Bomonti Hotel, Istanbul, Turkey.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>4-6 June (Sunday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.cnsc.net\/en\/events\/cns-partnership-conference\/\" style=\"\">Cargo Network Services Partnership Conference<\/a><\/span><span style=\"font-weight:400;\">, Miami, US.<\/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>6-8 June (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/europe.breakbulk.com\/home\" style=\"\">Breakbulk Europe 2023<\/a><\/span><span style=\"font-weight:400;\">, Rotterdam, Netherlands<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>8 June (Thursday): <\/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>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>14-15 June (Wednesday-Thursday):<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/dubaihelishow.com\/\" style=\"\">Helishow Dubai<\/a><\/span><span style=\"font-weight:400;\">, Museum of the Future, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>15 June (Thursday)<\/span><span>: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/10times.com\/e1k5-7z15-gsxk\" style=\"\">Middle East Cold Chain Food Safety Conference<\/a><\/span><span style=\"font-weight:400;\">, DoubleTree by Hilton Dubai, Dubai.<\/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>21-23 June (Friday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/eurasiarail.eu\/Page\/online-invitation?gclid=Cj0KCQjwj_ajBhCqARIsAA37s0yuyD9NL8O-LKNNDzUt0wA1bVNBakLT_a-R0UuD5c-DfuRuqi5D_CwaAiEdEALw_wcB\" style=\"\">Eurasia Rail<\/a><\/span><span>, Istanbul Expo Center, 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;\">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>1 July (Saturday): New UAE Federal Tax Authority VAT Ecommerce rules <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/press-release\/government-news\/federal-tax-authority-organises-an-awareness-session-on-the-amendments-to-emirates-reporting-for-electronic-commerce-supplies-lmqlxsv0\" style=\"\">take effect<\/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>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;\">AUGUST<\/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;\">Oman will award Ras Al Hadd Airport consultancy contract. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">SEPTEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>4-8 September (Monday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/expotobi.com\/logistics-transport-management\" style=\"\">Logistics and Transport Management<\/a><\/span><span>, Dubai.<\/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>11-14 September (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/libyaherald.com\/2023\/06\/the-libyan-moroccan-forum-for-trade-and-business-11-to-14-september-in-tangiers-morocco\/\" style=\"\">The Libyan Moroccan Forum for Trade and Business<\/a><\/span><span style=\"font-weight:400;\">, Tangiers, Morocco.<\/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>20-23 September (Wednesday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.mtbevents.com\/events\/mtb-workboats-2023\/\" style=\"\">MTB Workboats<\/a><\/span><span>, Hyatt Regency Dubai, Dubai<\/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>25-27 September(Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.aviationnews-online.com\/conferences\/dubai\/\" style=\"\">Airline Economics Growth Frontiers Middle East & Africa<\/a><\/span><span>, The Ritz-Carlton, <\/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 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>26-29 October (Thursday-Sunday):<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iaasm.org\/news\/international-congress-of-aviation-and-space-medicine-icasm-2023\" style=\"\">International Congress of Aviation and Space Medicine<\/a><\/span><span style=\"font-weight:400;\">, Conrad, Etihad Towers, Abu Dhabi, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>30 Oct- 2 Nov: (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iaphworldports.org\/iaph-world-ports-conference\/\" style=\"\">IAPH World Ports Conference<\/a><\/span><span>, Abu Dhabi, 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\">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>14-17 November (Tuesday-Friday):<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iata.org\/en\/programs\/ops-infra\/slots\/conference\/\" style=\"\">IATA Slot Conference<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Centre, Dubai, UAE.<\/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>23 November (Thursday):<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/10times.com\/sclg-summit\" style=\"\">Global Supply Chain and Logistics Summit<\/a><\/span><span style=\"font-weight:400;\">, Grand Millennium Hotel Business Bay, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>30 November-3 December (<\/span><span>Saturday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/10times.com\/handling-expo\" style=\"\">Handling Expo<\/a><\/span><span style=\"font-weight:400;\">, Egypt International Exhibition Center, Cairo, Egypt.<\/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;\">DECEMBER <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>10-11 Decembe<\/span><span>r (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.linkedin.com\/events\/investinlogistics6783236786333204480\/\" style=\"\">Invest in Logistics<\/a><\/span><span style=\"font-weight:400;\">, St.Regis Almasa Hotel, New Administrative Capital, Egypt.<\/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:400;\">3Q 2023: Design and supervision contract for Oman\u2019s proposed Musandam Airport to be awarded.<\/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>1Q 2024: Construction of <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/twitter.com\/Agility\/status\/1664177888365535232?cxt=HHwWgICz8Zy-rJguAAAA\" style=\"\">phase 3<\/a><\/span><span style=\"font-weight:400;\"> of Agility\u2019s logistic park in Abidjan, C\u00f4te d'Ivoire to be completed. <\/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>5-6 March (Tuesday-Wednesday):<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/mromiddleeast.aviationweek.com\/en\/home.html\" style=\"\">MRO Middle East<\/a><\/span><span>, Dubai 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: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>Mid-2025: 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<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2027<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>4Q 2027: Oman\u2019s Musandam Airport construction to be completed.<\/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":71277,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-71276","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"d675d3dc-cb43-4c52-86e8-0c1a52b25702","teaser":"","photo_url":"https:\/\/ent.news\/2016\/11\/679.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>It\u2019s PMI week - 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\/its-pmi-week\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" 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