{"id":71569,"date":"2023-06-19T01:15:00","date_gmt":"2023-06-19T01:15:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=71569"},"modified":"2025-12-15T12:47:53","modified_gmt":"2025-12-15T12:47:53","slug":"lots-of-egypt-news","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/lots-of-egypt-news\/","title":{"rendered":"Lots of Egypt news"},"content":{"rendered":"<section id=\"71571\" 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=\"71571\">\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\/19\/today-sczone-is-in-new-delhi-for-a-roadshow-iran-to-inaugurate-razi-terminal-within-days\/\">\r\n                            TODAY: SCZone is in New Delhi for a roadshow + Iran to inaugurate Razi terminal within days                        <\/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\/19\/today-sczone-is-in-new-delhi-for-a-roadshow-iran-to-inaugurate-razi-terminal-within-days\/\" target=\"_blank\">\n                    Open in new tab                    <!-- 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href=\"https:\/\/enterpriseam.com\/logistics\/2023\/06\/19\/today-sczone-is-in-new-delhi-for-a-roadshow-iran-to-inaugurate-razi-terminal-within-days\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/914.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"71572\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/06\/19\/today-sczone-is-in-new-delhi-for-a-roadshow-iran-to-inaugurate-razi-terminal-within-days\/914-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/914.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"914.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/914.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/914.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-71571\" class=\"content-area-description single-story post-71571 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-aviation tag-dubai tag-egypt tag-enterprise-logistics tag-iran tag-iraq tag-maritime tag-oil tag-suez-canal-economic-zone 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\/.bf1b5946-349d-497e-a972-c238712f3841.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=\"font-weight:400;\">We have a packed issue for you this morning, with plenty of updates from Egypt \u2014 and a whole lot of aviation and trade news.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">THE BIG LOGISTICS STORY- <\/span><span style=\"font-weight:700\">Egypt inaugurated its multipurpose maritime terminal Tahya Misr at <\/span><span style=\"font-weight:700\">Alexandria\u2019s port on Thursday<\/span><span>, as part of a state-led drive to turn Egypt into a regional trade hub. Meanwhile, <\/span><span style=\"\">Israel Aerospace Industries (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iai.co.il\/\" style=\"\">IAI<\/a><\/span><span style=\"\">) could launch the <\/span><span style=\"\">Boeing 777 passenger-to-freight (P2F) conversion facility in <\/span><span style=\"\">Abu Dhabi International Airport <\/span><span style=\"font-weight:400;\">by 2H 2023.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\"><\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">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> 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:700;\"><\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">HAPPENING THIS WEEK-<\/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\">Suez Canal Economic Zone (SCZone) CEO Walid Gamal El Din<\/span><span style=\"font-weight:700\"> led a delegation to New Delhi <\/span><span>in its third stop on an Asian roadshow, in a bid to attract Indian investments to ports and industrial zones in Egypt, namely Sokhna and Port Said, according to an SCZone <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/SCZONE.EG\/posts\/pfbid0qzpPJXfNXxpQSX1QoYaFcUmUSqr1JF2AdR5yWkx9jQBdro8hq3D7kTGeS9XkUJfVl?__cft__[0]=AZV5fPBfjD_k42dIaqpXphmpLguTRHUP9gqMUYNZxpc49JuyjxSKJDUzI0HinRKGvLNmwdrgPWrNbcu3s8gaLkHoT_k2qpje3itMwctVGEsBXeavl80upgplAIy2-kAgFM5lGiBCQ9v1E9OA5YI2Lq24v7SxQr0USqyYKLUteyABITOYCxHxMKasLHy0-RNV3YjEaOWL_dbwBmokOz51I5M7&__tn__=%2CO%2CP-R\" style=\"\">statement<\/a><\/span><span style=\"font-weight:400;\">. The focus of the roadshow is on diversifying investments in energy, infrastructure, petrochemicals, heavy industries, and green fuel, as well as enhancing cooperation in the logistics sector. The delegation includes industrial developers and representatives from Orascom Industrial Parks, El Sewedy Industrial Development, and East Port Said Development. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"><a id=\"wwtt2\"><\/a> <\/span><span style=\"font-weight:700\">WATCH THIS SPACE #1-<\/span><span style=\"font-weight:700\">Iran\u2019s Razi terminal on the Turkish border will be inaugurated within the next few <\/span><span style=\"font-weight:700\">days<\/span><span>, according to Iran\u2019s Road Maintenance and Transportation Organization (RTMO), <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/en.mehrnews.com\/news\/202120\/Iran-eyes-rise-in-trade-with-new-terminal-on-Turkish-border\" style=\"\">Mehr News Agency<\/a><\/span><span> reports<\/span><span style=\"font-weight:400;\">. The new three-story terminal, which can operate around the clock, will facilitate the transport of cargo trucks and passengers between Iran and Turkey and will cut three hours of processing time to 15 minutes, according to RTMO data, the agency reports. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The terminal aims to boost bilateral trade to help the two countries reach a USD 30 bn target in annual exchange<\/span><span style=\"font-weight:400;\">. Construction of the border terminal began in 2019, with USD 25 mn spent on the project so far, according to the news agency. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"><a id=\"wwtt3\"><\/a> <\/span><span style=\"font-weight:700\">WATCH THIS SPACE #2- More interest in Iraq\u2019s <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/d3321249-4ced-4ad8-83de-b39732be3c6b\" style=\"\">Development Road<\/a><\/span><span style=\"font-weight:700\"> Project:<\/span><span style=\"\">Companies from <\/span><span>countries in Asia, Europe, Africa, and the GCC are interested in participating in Iraq\u2019s USD 17 bn Development Road Project, said Nasser Al Asadi, a transport advisor to the Iraqi prime minister, according to the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ina.iq\/187461--3-.html\" style=\"\">Iraqi News Agency (INA)<\/a><\/span><span style=\"font-weight:400;\">. Iraq will kickstart bilateral talks with each of the interested parties in those countries to determine the nature of their partnership and the priority areas of investment, Al Asadi 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\">Syria could also be involved: <\/span><span>The country has stressed its previous <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/sana.sy\/en\/?p=309552\" style=\"\">suggestion<\/a><\/span><span style=\"font-weight:400;\"> to open up a path linking the Grand Faw Port to Syrian ports, allowing exports to travel from Faysh Khabur on the border between Syria and Iraq to Turkey, according to INA. <\/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>China, Hungary, and Lebanon are some of the countries that have <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/30f4b9b8-74e9-4671-858b-694f94b13ed9\" style=\"\">expressed their interest<\/a><\/span><span> in participating in the project. Al Asadi added that Iraq has approved a feasibility study for the project conducted by an Italian company, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ina.iq\/187488--.html\" style=\"\">INA<\/a><\/span><span>reports<\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight: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\">DATA POINT #1-<\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.dmcc.ae\/\" style=\"\">Dubai Multi Commodities Center<\/a><\/span><span style=\"font-weight:700\"> (DMCC) has seen a 24% y-o-y <\/span><span style=\"font-weight:700\">increase in Chinese companies inside the freezone so far this year<\/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\/dmcc-sees-a-24-yearly-increase-in-chinese-businesses-qulkhu67\" style=\"\">statement<\/a><\/span><span>. The announcement follows a roadshow that took place in Shanghai, Guangzhou, and Chongqing, during which DMCC inked an MoU with the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/en.lingang.gov.cn\/\" style=\"\">Lin-gang Special Area of China (Shanghai) Pilot Free Trade Zone<\/a><\/span><span> (LGSAC) to cooperate on trade, logistics, commerce, and innovation. <\/span><span style=\"\">\u201cWith over 770 Chinese companies in our freezone, a figure which is growing all the time, China is one of the most strategically important markets for DMCC,\u201d said DMCC CEO Ahmed Bin Sulayem. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span><a id=\"wwtt4\"><\/a> <\/span><span style=\"font-weight:700\">DATA POINT #2-<\/span><span style=\"font-weight:700\">US planemaker Boeing expects the aviation industry globally to <\/span><span style=\"font-weight:700\">add c. 42.5k jets valued at about USD 8 tn through 2042<\/span><span>, Boeing VP of marketing Darren Hulst told <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-06-17\/boeing-sees-8-trillion-jet-market-as-climate-reshapes-travel?srnd=premium-middle-east#xj4y7vzkg\" style=\"\">Bloomberg<\/a><\/span><span style=\"font-weight:400;\">. Boeing\u2019s predictions take into consideration climate change altering travel globally and a rising advocacy against the industry\u2019s emissions. Hulst says airlines would still find ways to raise productivity of their fleets by moving to large jets with denser seating patterns and the global fleet stands to nearly double through 2042 at an annual rate of 3.5%, up from a previous forecast of 2.6%. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"><a id=\"wwtt5\"><\/a> <\/span><span style=\"font-weight:700\">The World Bank estimates that a <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/4d15df38-6bc9-4b64-8b74-e097d9c30fcc\" style=\"\">shipping carbon tax<\/a><\/span><span style=\"font-weight:700\"> could raise revenues of up to<\/span><span style=\"font-weight:700\"> USD 40-60 bn a year<\/span><span> between 2025 and 2050,<\/span><span>it said in a recent <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/6\/910.pdf\" style=\"\">report (pdf)<\/a><\/span><span style=\"font-weight:400;\">. A carbon levy in shipping could take the shape of a feebate or an emissions trading scheme, the international lender said. These proceeds can be diverted to accelerating decarbonization in global shipping, improving port facilities in the developing world, and aiding poorer countries\u2019 transition towards clean energy. A cleverly designed tax can serve the dual goals of giving impetus to the decarbonization agenda while also smoothing the energy transition of the world\u2019s most vulnerable economies, the World Bank indicated.<\/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 US, France, and Denmark are also on board for a carbon tax in shipping<\/span><span>, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/splash247.com\/world-bank-lays-out-its-shipping-carbon-tax-concept\/\" style=\"\">Splash<\/a><\/span><span> reports. Their calls join urgent <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/4d15df38-6bc9-4b64-8b74-e097d9c30fcc\" style=\"\">appeals from the group of Pacific nations<\/a><\/span><span style=\"font-weight:400;\"> for a carbon levy on shipping starting at USD 100 per tonne. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"><a id=\"wwtt6\"><\/a> <\/span><span style=\"font-weight:700\">MARKET WATCH- \u201cGrowth in world oil demand is set to slow during the 2022-28 <\/span><span style=\"font-weight:700\">forecast period as the energy transition advances,\u201d<\/span><span> according to the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"http:\/\/enterprise.press\/wp-content\/uploads\/2023\/06\/Oil2023_IEA.pdf\" style=\"\">International Energy Agency\u2019s (IEA) 2023 medium-term outlook report (pdf)<\/a><\/span><span> on global trends in oil demand and supply. However, absolute consumption is still expected to increase to 105.7 mn barrels per day (bbl \/ d) by 2028, an increase of 5.9 mn bbl \/ d from 2022 levels. <\/span><span>World oil trade is experiencing an \u201cunprecedented sea change\u201d that is unlikely to be reversed in the near future, due to international bans on Russian oil products, according to the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.hellenicshippingnews.com\/world-oil-trade-flows-undergoing-unprecedented-sea-change\/#:~:text=The%20International%20Energy%20Agency's,embargoes%20on%20Russian%20energy%20exports.\" style=\"\">Baltic Exchange<\/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\">By the numbers: <\/span><span style=\"font-weight:400;\">The report estimates that 2.5 mn bbl \/ d of Russian crude have been withdrawn from Europe and G7 countries. The disruptions have led to the redirection of oil flows and the search for alternative suppliers. European refiners have turned to other suppliers, such as the US and the Middle East, while Russian volumes have been redirected to other regions including, Turkey, East of Suez, Latin America, and Africa. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">World bunker fuel consumption is expected to reach 4.5k mn bbl \/ d by 2028<\/span><span style=\"font-weight:400;\">, an increase of 300k bbl \/ d. Robust trade growth will be offset by tightening efficiency standards. Depending on how quickly older and less efficient vessels are replaced, the report anticipates that the average gain in fuel efficiency for global shipping could reach approximately 10% over the six-year period.<\/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\">Saudi oil tankers carrying a record volume of crude oil have been spotted off the Red Sea <\/span><span style=\"font-weight:700\">coast: <\/span><span>Oil tankers carrying over 20 mn barrels of Saudi crude oil have reportedly anchored off the Red Sea coast of Egypt, marking the highest volume of stationary oil observed since the covid pandemic in 2Q 2020, according to a Vortexa note seen by <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bit.ly\/3p9XxbW\" style=\"\">Asharq Business<\/a><\/span><span style=\"font-weight:400;\">. This increase could possibly be attributed to an increase in demand for the Saudi crude oil in Europe, Vortexa\u2019s lead crude oil analyst Jay Maroo wrote in the note.<\/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\">Kuwait's Al Zour refinery has issued a term tender for fuel oil sales for July to <\/span><span style=\"font-weight:700\">December loading<\/span><span> as it continues to ramp up <\/span><span>its third crude distillation unit (CDU), <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/article\/kuwait-refinery-al-zour-tender-idUSL1N3870T0\" style=\"\">Reuters<\/a><\/span><span style=\"font-weight:400;\"> reports. Al Zour is expected to become a major global low-sulfur fuel oil (LSFO) exporter once operations are fully ramped up. The refinery's term tender \u2014 which closes on 19 June \u2014 offered LSFO with a maximum sulfur content of 0.5% for 2H 2023, sources said. The first cargo, around 100k metric tons, is expected to load between 15 and 19 July. The total volume for the entire contract ranges from 80k to 720k metric tons. The refinery's third CDU is set to boost operations starting 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;\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/ads\/imgs\/9.jpg?ssl=1\"\/><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The Enterprise Finance Forum is our flagship gathering \u2014 the one so many of you have <\/span><span style=\"font-weight:700\">been waiting for. <\/span><span style=\"font-weight:400;\">The two-day event takes place this September and will be the latest in our must-attend series of invitation-only, C-suite-level gatherings. Stay tuned for more information on the location. <\/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\">TAP OR CLICK <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;font-weight:700;\"><a href=\"https:\/\/finance.enterprise.news\/\" style=\"\">HERE<\/a><\/span><span style=\"font-weight:700\"> if you want to express interest in attending. <\/span><span style=\"font-weight:400;\">We\u2019ll be sending out the first batch of invitations just after the 30 June holiday. <\/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\">Do you want to become a commercial partner? <\/span><span style=\"font-weight:400;\">Email mtaalab@enterpriseadvisory.com.<\/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\">STAY TUNED for more detail <\/span><span style=\"font-weight:400;\">about our exciting agenda in the weeks to come.  <\/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:400;\"><\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">            Get <b style=\"font-weight: 700\">Enterprise<\/b> daily          <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>       <a href=\"logistics\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>      <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">CIRCLE YOUR CALENDAR-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/emea.coupainspire.com\/supply-chain-summit\" style=\"\">Coupa Inspire\u2019s Supply Chain Summit<\/a><\/span><span style=\"font-weight:700\"> kicks off today and is running till <\/span><span style=\"font-weight:700\">Wednesday in ExCel Exhibition Centre, in London.<\/span><span style=\"font-weight:400;\">The three day summit will bring together supply chain leaders and practitioners, to share insights on how to build resilient and agile supply chains, as well as the role of procurement and finance in improving business resilience, and 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\">The two-day <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/petra.gov.jo\/Include\/InnerPage.jsp?ID=50612&lang=en&name=en_news\" style=\"\">Jordan-Iraq Economic Forum<\/a><\/span><span style=\"font-weight:700\">, organized by the Iraqi Business <\/span><span style=\"font-weight:700\">Council in Jordan will begin tomorrow in<\/span><span style=\"font-weight:700\"> Amman<\/span><span style=\"font-weight:400;\">. The forum \u2014 held under the slogan of \u201cBuilding Bridges of Joint Prosperity\u201d \u2014 will provide a platform for the countries to reap their common interests and establish joint partnerships, with a focus on enhancing commercial, industrial, and investment relations between the countries. The forum will focus on industry, finance, communications, information technology, contracting, energy, and mining and will also feature an exhibition to showcase products and help boost trade between the two countries.<\/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\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" 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<\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/06\/19\/egypt-launches-new-high-capacity-port-terminal-at-alexandria-port\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-71574\" class=\"content-area-description single-story post-71574 post type-post status-publish format-standard hentry category-maritime tag-egypt tag-enterprise-logistics tag-iraq tag-jordan tag-maritime tag-port 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\/.423b93ad-f1ad-40fe-907a-ad5e71e97680.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <\/span><span style=\"font-weight:700\">Egypt has kicked off operations at a new multipurpose maritime terminal at <\/span><span style=\"font-weight:700\">Alexandria\u2019s port on Thursday<\/span><span>, according to a cabinet <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/MinistryTransportation\/posts\/pfbid021VEau2y6A9Lnf9AfA5KkztSEuj6bfvkng1dMBh1QsfJqhe26z7KxcryAjt8dpMAgl?locale=ar_AR\" style=\"\">statement<\/a><\/span><span>. The facility \u2014 dubbed Tahya Misr \u2014 can process 12 to 15 mn <\/span><span>ton<\/span><span style=\"font-weight:400;\">s of goods a year and comes as part of a state-led drive to turn Egypt into a regional trade hub. Egypt\u2019s President Abdel Fattah El Sisi attended the inauguration, where he highlighted that port developments are also taking place at Abu Qir and Gargoub ports. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The details: <\/span><span>Spread across half-a-mn square meters, the Tahya Misr facility is divided into three trading yards for the handling of containers, cargo, and cars. The port has the capacity for some 2 mn tons of general cargo, 1.5 mn containers and 100k cars, according to the statement. Tahya Misr will be operated by French shipping giant CMA CGM which is looking to broaden its operations in Egypt by expanding to logistical centers and port terminals near Alexandria, company CEO Rodolphe Saad\u00e9 said, according to a presidential <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/press-release\/africa-press-releases\/egypt-president-el-sisi-meets-with-chief-executive-officer-ceo-of-cma-cgm-djeupw1l\" style=\"\">press release<\/a><\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">What the terminal will bring to the table:<\/span><span> The terminal is expected to boost Alexandria Port\u2019s annual revenues by USD 50 mn a year, and will help shorten waiting times for ships docking at the port, create potential investments, and establish 4.5k  direct and indirect jobs, according to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.dar.com\/work\/project\/tahya-masr-multipurpose-terminal-at-alexandria-port\" style=\"\">Dar Al Handasah<\/a><\/span><span>,<\/span><span style=\"font-weight:400;\"> which handled the design and project management for the terminal\u2019s construction. The terminal will also play a big role in Egypt\u2019s modern transport sector, through its link to the upcoming USD 4.45 bn high-speed electric rail line, which will link the Red Sea Port of Ain Sokhna to Alexandria and Marsa Matrouh. The terminal will also supply the upcoming dry port in the 6th of October Industrial City as well as the logistics center associated with the Alexandria 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:700\">Egypt\u2019s ports to process transit trade from Jordan and Iraq:<\/span><span> Egypt also recently signed a cooperation protocol for a transit trade scheme dubbed the Arab Trade Line to facilitate transit trade from Jordan and Iraq, and potentially GCC countries, Egyptian Transport Minister Kamel El-Wazir said during the inauguration event (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.youtube.com\/watch?v=jqYkESVOuUs\" style=\"\">watch, runtime: 3:14<\/a><\/span><span>). The scheme will see exports from the GCC, Jordan, and Iraq shipped to the Jordanian port of Aqaba via land. From there they will be loaded onto ferries owned by the three governments\u2019 joint venture,<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.abmaritime.com.jo\/ar\" style=\"\">Arab Bridge Maritime<\/a><\/span><span style=\"font-weight:400;\">, and hauled to Taba and Nuweiba before being transported through a recently completed tunnel system to Port Said. At Port Said, the cargoes will be loaded onto ships \u2014 via an agreement with CMA CGM \u2014 bound for markets in Europe.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">IN OTHER NEWS FROM 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\">MSC awarded tender for Egypt\u2019s Tenth of Ramadan dry port:<\/span><span style=\"\"> A consortium led by <\/span><span>Italy\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.msc.com\/en\/about-us\/msc-group\" style=\"\">Mediterranean Shipping Company<\/a><\/span><span> (MSC) snagged the bid to establish and operate the 250-feddan Tenth of Ramadan dry port, Transport Minister Kamal El Wazir <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/shorturl.at\/yIMO1\" style=\"\">said Thursday<\/a><\/span><span style=\"font-weight:400;\">, without giving further details. The dry dock aims to serve the industrial area in Badr, Ain Sokhna, East Port Said, the new capital and the Tenth of Ramadan.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">BACKGROUND-<\/span><span> Four consortiums submitted their final bids and proposals at the end of April to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/248e273a-bfe7-408c-8a36-6194c023233a\" style=\"\">build and operate the EGP 3.5 bn<\/a><\/span><span style=\"font-weight:400;\"> dry port and logistical hub.<\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/iraq\/\">Iraq<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/jordan\/\">Jordan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/maritime\/\">maritime<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/port\/\">port<\/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=\"71576\" 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=\"71576\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">Aviation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/06\/19\/abu-dhabi-will-get-a-new-passenger-to-freighter-conversion-facility-by-july\/\">\r\n                            Abu Dhabi will get a new passenger-to-freighter conversion conversion facility by July                        <\/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\/19\/abu-dhabi-will-get-a-new-passenger-to-freighter-conversion-facility-by-july\/\" 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\/19\/abu-dhabi-will-get-a-new-passenger-to-freighter-conversion-facility-by-july\/')\">\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\/19\/abu-dhabi-will-get-a-new-passenger-to-freighter-conversion-facility-by-july\/\">\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=Abu Dhabi will get a new passenger-to-freighter conversion facility by July&url=https:\/\/enterpriseam.com\/logistics\/2023\/06\/19\/abu-dhabi-will-get-a-new-passenger-to-freighter-conversion-facility-by-july\/\">\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\/19\/abu-dhabi-will-get-a-new-passenger-to-freighter-conversion-facility-by-july\/&title=Abu Dhabi will get a new passenger-to-freighter conversion facility by July\">\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=Abu+Dhabi+will+get+a+new+passenger-to-freighter+conversion+facility+by+July+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F06%2F19%2Fabu-dhabi-will-get-a-new-passenger-to-freighter-conversion-facility-by-july%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\/19\/abu-dhabi-will-get-a-new-passenger-to-freighter-conversion-facility-by-july\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-71576\" class=\"content-area-description single-story post-71576 post type-post status-publish format-standard hentry category-aviation tag-aviation tag-enterprise-logistics tag-israel 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\/.06555720-2aa9-40a8-ae4d-a04bd9458ed4.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\">Abu Dhabi International Airport could see the launch of the Israel Aerospace Industries (<\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.iai.co.il\/\" style=\"\">IAI<\/a><\/span><span style=\"font-weight:700\">) <\/span><span style=\"font-weight:700\">Boeing 777 passenger-to-freight (P2F) conversion facility by 2H 2023<\/span><span style=\"\">, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ainonline.com\/aviation-news\/air-transport\/2023-06-16\/iai-launch-boeing-777-conversions-abu-dhabi-july\" style=\"\">Aviation International Online (AIN)<\/a><\/span><span style=\"font-weight:400;\"> quotes IAI Aviation Group VP and General Manager Shmuel Kuzi as saying. Conversion work at the site should kick off around \u201cJune or the beginning of July,\u201d Kuzi said on the sidelines of Paris Air Show 2023..<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The details: <\/span><span style=\"\">The company is set to establish \u201ctwo conversion lines accommodating multiple aircraft conversions per year\u201d at Abu Dhabi airport, according to the initial <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.etihad.com\/en-eg\/news\/etihad-engineering-and-israel-aerospace-industries-team-up-to-provide-passenger-to-freighter-conversions\" style=\"\">framework agreement<\/a><\/span><span style=\"font-weight:400;\">. The facility will reportedly have the capacity to convert 100 Boeing aircraft, AIN writes, without clarifying the period of time over which these conversions will take place. <\/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 center, for which <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.etihad.com\/en-eg\/news\/etihad-engineering-and-israel-aerospace-industries-team-up-to-provide-passenger-to-freighter-conversions\" style=\"\">agreements<\/a><\/span><span style=\"font-weight:700\"> were signed in 2021, is slated to be the largest and most advanced in the Middle East<\/span><span style=\"\">, as per IAI statements cited by <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/business\/aerospace-defense\/israel-aerospace-etihad-open-aircraft-conversion-site-abu-dhabi-2021-08-25\/\" style=\"\">Reuters<\/a><\/span><span style=\"\"> at the time of the agreement.<\/span><span style=\"font-weight:400;\">The arrangement looks to benefit from a spike in demand for freight aircraft and is a \u201cgreener, more profitable highly innovative solution,\u201d Etihad Engineering\u2019s statement said. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Tens of orders for converted aircraft are already in the pipeline<\/span><span style=\"\">,<\/span><span style=\"font-weight:400;\">Kuzi added. Emirates ordered four converted 777s in 2021 that will likely be converted at the new Abu Dhabi facility, according to AIN. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">More conversion lines + more aircraft types coming?<\/span><span style=\"\"> The number of conversion lines could be increased to three or more,<\/span><span style=\"\">depending on the readiness of facilities at Abu Dhabi airport, Kuzi told AIN. Expansions could also see other aircraft types being converted.<\/span><span style=\"font-weight:400;\"> \u201cIn about two years from now, we will start on the [Airbus] A330,\u201d Kuzi is quoted as saying, while adding that they expect to receive approval to convert the A330 from the Civil Aviation Authority of Israel by 3Q 2023. \u201cWe are already working on the narrowbodies and will begin working on the widebodies which will likely lead to us opening more facilities,\u201d he added, without clarifying which manufacturers those jets belong to.  <\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/israel\/\">Israel<\/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=\"71578\" 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=\"71578\">\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\">Equipment<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/06\/19\/dp-world-pours-gbp-12-mn-into-8-straddle-carriers-for-its-london-gateway\/\">\r\n                            DP World pours GBP 12 mn into 8 straddle carriers for its London Gateway                        <\/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\/19\/dp-world-pours-gbp-12-mn-into-8-straddle-carriers-for-its-london-gateway\/\" 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\/19\/dp-world-pours-gbp-12-mn-into-8-straddle-carriers-for-its-london-gateway\/')\">\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\/19\/dp-world-pours-gbp-12-mn-into-8-straddle-carriers-for-its-london-gateway\/\">\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=DP World pours GBP 12 mn into 8 straddle carriers for its London Gateway&url=https:\/\/enterpriseam.com\/logistics\/2023\/06\/19\/dp-world-pours-gbp-12-mn-into-8-straddle-carriers-for-its-london-gateway\/\">\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\/19\/dp-world-pours-gbp-12-mn-into-8-straddle-carriers-for-its-london-gateway\/&title=DP World pours GBP 12 mn into 8 straddle carriers for its London Gateway\">\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=DP+World+pours+GBP+12+mn+into+8+straddle+carriers+for+its+London+Gateway+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F06%2F19%2Fdp-world-pours-gbp-12-mn-into-8-straddle-carriers-for-its-london-gateway%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\/19\/dp-world-pours-gbp-12-mn-into-8-straddle-carriers-for-its-london-gateway\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-71578\" class=\"content-area-description single-story post-71578 post type-post status-publish format-standard hentry category-equipment tag-dp-world tag-enterprise-logistics tag-equipment 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\/.ea8e0e18-1afc-44b7-855e-38ccc979449b.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\">DP World\u2019s investing in the world\u2019s first all-electric fleet of straddle:<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.dpworld.com\/\" style=\"\">DP World<\/a><\/span><span style=\"\"> has <\/span><span style=\"\">invested GBP 12 mn in eight new straddle carriers for its new berth at its London Gateway logistics hub, according to a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.dpworld.com\/news\/releases\/world-first-for-ports-sector-as-dp-world-invests-12m-in-fully-electric-straddle-carriers-at-london-gateway\/\" style=\"\">press release<\/a><\/span><span style=\"\">.The investment comes after three years of developing and piloting the electric straddle carrier in partnership with cargo handling solution provider <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.kalmarglobal.com\/\" style=\"\">Kalmar<\/a><\/span><span style=\"font-weight:400;\">. The straddle will go into service next summer upon completion of DP World\u2019s GBP 350 mn fourth berth, according to the statement.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The details: <\/span><span style=\"font-weight:400;\">The straddles will move containers handled by quay cranes, and then service onward forms of transport through road or rail, reducing carbon emissions by some 54% compared with non-electric models, the statement said. Each high energy battery straddle can operate up to four hours without needing to be recharged, and can be fully recharged in 45 minutes, DP World UK COO Andrew Bowen said.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The fourth berth at London Gateway is expected to be among the most sustainable ever built<\/span><span style=\"font-weight:400;\">, with all-electric equipment. The company\u2019s Southampton logistics hub has also switched to hydrotreated vegetable oil and has eliminated fossil diesel from its operations in order to cut carbon emissions from its fleet by 90%, according to the release.<\/span><\/p>\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\/dp-world\/\">DP World<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/equipment\/\">EQUIPMENT<\/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=\"71580\" 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=\"71580\">\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\">Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/06\/19\/egypt-applies-to-join-brics-alliance-negotiates-credit-line-with-india-as-it-looks-to-boost-non-usd-trade\/\">\r\n                            Egypt applies to join BRICS alliance + negotiates credit line with India, as it looks to boost non-USD 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 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trade&url=https:\/\/enterpriseam.com\/logistics\/2023\/06\/19\/egypt-applies-to-join-brics-alliance-negotiates-credit-line-with-india-as-it-looks-to-boost-non-usd-trade\/\">\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\/19\/egypt-applies-to-join-brics-alliance-negotiates-credit-line-with-india-as-it-looks-to-boost-non-usd-trade\/&title=Egypt applies to join BRICS alliance + negotiates credit line with India as it looks to boost non-USD trade\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li 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            <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/796.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"71581\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/06\/19\/egypt-applies-to-join-brics-alliance-negotiates-credit-line-with-india-as-it-looks-to-boost-non-usd-trade\/796-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/796.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"796.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/796.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/796.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-71580\" class=\"content-area-description single-story post-71580 post type-post status-publish format-standard has-post-thumbnail hentry category-trade tag-commodities tag-egypt tag-enterprise-logistics tag-imports tag-india 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\/.72c45d80-6432-42b8-a41b-5a2320e0455e.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <\/span><span style=\"font-weight:700\">Egypt has submitted an application to join the BRICS alliance<\/span><span style=\"\">, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c29c4488-a681-4936-9fa2-e01186676bcc\" style=\"\">Russian ambassador to Egypt<\/a><\/span><span>Georgy Borisenko told <\/span><span>Russian news agency <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/tass.com\/world\/1631863\" style=\"\">TASS<\/a><\/span><span style=\"font-weight:400;\">. The alliance is currently focused on shifting trade to alternative currencies, whether it be national currencies or a new common currency. \u201cEgypt is very much interested in that,\u201d he 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\">BRICS members are also considering the creation of a common currency.<\/span><span> Egypt and Russia have been working together to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/edition\/am\/c800937c-c8e5-4a79-a325-e107ad33240c\" style=\"\">reduce the use of the USDs<\/a><\/span><span style=\"font-weight:400;\"> in their bilateral trade in favor of the RUB. \u201cNew payment mechanisms are being created for trade transactions,\u201d Borisenko stated.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Egypt is not the only country interested: <\/span><span>Nearly 20 countries, including Saudi Arabia, Iran, Argentina, the UAE, Algeria, Bahrain, and Indonesia, have recently expressed interest in joining the BRICS alliance, according to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-04-24\/brics-draws-membership-requests-from-19-nations-before-summit\" style=\"\">Bloomberg<\/a><\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">ICYMI- <\/span><span>Earlier this year, Egypt <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d7b8e96b-ec30-4ce0-9344-4f250f112875\" style=\"\">became a member<\/a><\/span><span style=\"font-weight:400;\"> of the BRICS' New Development Bank (NDB), a USD 100 bn multilateral lender that invests in infrastructure projects in member countries.<\/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\">Barter + non-USD trade also on the negotiation table with India:<\/span><span> Egypt could start bartering goods such as fertilizer and natural gas with India under a wider set of trade arrangements expected to be announced when Indian PM Narendra Modi visits Egypt later this month, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/article\/idUSL4N3882P8\" style=\"\">Reuters<\/a><\/span><span style=\"font-weight:400;\"> reports, citing sources it says are familiar with the 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\">Talks of a credit line continue:<\/span><span> The proposal is part of a wider deal that could see New Delhi extend a credit line worth \u201cseveral bn USD\u201d to help Egypt pay for imports. \u201cThe agreement would allow Egypt to make purchases in INR and bartering is being considered as a means to settle this debt through the sale of Egyptian products that might be of use for India,\u201d one of the newswire\u2019s sources reportedly said. <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2c0866b6-8920-4524-b051-427622db45b0\" style=\"\">Reports of the credit line<\/a><\/span><span style=\"font-weight:400;\"> surfaced earlier this month when Bloomberg quoted Egyptian Supply Minister Ali El Moselhy as saying that India would provide the country with a loan of unspecified value. The minister later told Reuters that \u201cnothing of the sort has been implemented.\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\">Wheat not part of the plan?<\/span><span style=\"font-weight:400;\"> While Egypt has expressed interest in using the facility to import wheat \u2014 among other supplies \u2014 from India, the country's wheat export ban makes this an unlikely trade, an Indian official told Reuters. India \u2014 the world\u2019s second largest wheat producer \u2014 banned wheat exports in May 2022 to help rein in local prices.<\/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 all still up in the air: <\/span><span style=\"font-weight:400;\">\u201cIt\u2019s a negotiation. Which companies will be involved and in which commodities? All of that is still in discussion,\u201d El Moselhy told Reuters. \u201cThere are a lot of discussions but up until now the model is not defined.\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\">A lifeline amid an FX crunch: <\/span><span>The agreement would allow Egypt to pay for imports from India without needing hard currency. The prolonged FX shortage triggered by the war in Ukraine and tighter US <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d7b8e96b-ec30-4ce0-9344-4f250f112875\" style=\"\">monetary policy<\/a><\/span><span> has made it harder for the government to pay for imports. The supply minister and traders <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/6b947602-e2c8-4f85-b8da-fbdacab00277\" style=\"\">told Reuters last month<\/a><\/span><span style=\"font-weight:400;\"> that the crisis had forced state grains supplier GASC to delay opening letters of credit to pay for wheat imports.<\/span><\/p>\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\/commodities\/\">commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/imports\/\">imports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/india\/\">India<\/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=\"71582\" 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=\"71582\">\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\">Diplomacy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/06\/19\/saudi-arabia-iran-discuss-maritime-security-and-trade-qatar-and-korea-discuss-boosting-trade-plus-tunisia-malta-discuss-transport-trade-uae-brazil-discuss-aviation-logistics-and-transport\/\">\r\n                            Saudi Arabia + Iran discuss maritime security and trade + Qatar and Korea discuss boosting trade. PLUS: Tunisia, Malta discuss transport, trade + UAE, Brazil discuss aviation, logistics and transport cooperation                        <\/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\/19\/saudi-arabia-iran-discuss-maritime-security-and-trade-qatar-and-korea-discuss-boosting-trade-plus-tunisia-malta-discuss-transport-trade-uae-brazil-discuss-aviation-logistics-and-transport\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/logistics\/2023\/06\/19\/saudi-arabia-iran-discuss-maritime-security-and-trade-qatar-and-korea-discuss-boosting-trade-plus-tunisia-malta-discuss-transport-trade-uae-brazil-discuss-aviation-logistics-and-transport\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/logistics\/2023\/06\/19\/saudi-arabia-iran-discuss-maritime-security-and-trade-qatar-and-korea-discuss-boosting-trade-plus-tunisia-malta-discuss-transport-trade-uae-brazil-discuss-aviation-logistics-and-transport\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Saudi Arabia + Iran discuss maritime security and trade + Qatar and Korea discuss boosting trade. PLUS: Tunisia, Malta discuss transport, trade + UAE, Brazil discuss aviation, logistics and transport cooperation&url=https:\/\/enterpriseam.com\/logistics\/2023\/06\/19\/saudi-arabia-iran-discuss-maritime-security-and-trade-qatar-and-korea-discuss-boosting-trade-plus-tunisia-malta-discuss-transport-trade-uae-brazil-discuss-aviation-logistics-and-transport\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/logistics\/2023\/06\/19\/saudi-arabia-iran-discuss-maritime-security-and-trade-qatar-and-korea-discuss-boosting-trade-plus-tunisia-malta-discuss-transport-trade-uae-brazil-discuss-aviation-logistics-and-transport\/&title=Saudi Arabia + Iran discuss maritime security and trade + Qatar and Korea discuss boosting trade. PLUS: Tunisia, Malta discuss transport, trade + UAE, Brazil discuss aviation, logistics and transport cooperation\">\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=Saudi+Arabia+%2B+Iran+discuss+maritime+security+and+trade+%2B+Qatar+and+Korea+discuss+boosting+trade.+PLUS%3A+Tunisia%2C+Malta+discuss+transport%2C+trade+%2B+UAE%2C+Brazil+discuss+aviation%2C+logistics+and+transport+cooperation+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F06%2F19%2Fsaudi-arabia-iran-discuss-maritime-security-and-trade-qatar-and-korea-discuss-boosting-trade-plus-tunisia-malta-discuss-transport-trade-uae-brazil-discuss-aviation-logistics-and-transport%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/06\/19\/saudi-arabia-iran-discuss-maritime-security-and-trade-qatar-and-korea-discuss-boosting-trade-plus-tunisia-malta-discuss-transport-trade-uae-brazil-discuss-aviation-logistics-and-transport\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-71582\" class=\"content-area-description single-story post-71582 post type-post status-publish format-standard hentry category-diplomacy tag-diplomacy tag-enterprise-logistics tag-iran tag-korea tag-qatar tag-saudi-arabia tag-trade tag-tunisia 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\/.ad8fbb90-7c67-4cfa-adde-e46ced5c4978.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\">Saudi + Iranian foreign ministers discuss security + trade in Tehran: <\/span><span style=\"\">Irani Foreign Minister <\/span><span>Hossein Amirabdollahian and his Saudi counterpart, Faisal Bin Farhan Al Saud, met in Tehran to discuss regional security and maintaining \u201cpositive\u201d relations, Saudi news agency <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/sp.spa.gov.sa\/viewfullstory.php?lang=en&newsid=2462858#2462858\" style=\"\">SPA<\/a><\/span><span> reports. The ministers discussed topics ranging from offshore security in the region to \u201csustainable trade, economic cooperation and joint investment,\u201d <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-06-17\/iran-saudi-foreign-ministers-discuss-trade-regional-security\" style=\"\">Bloomberg<\/a><\/span><span style=\"font-weight:400;\"> quotes Amirabdollahian as saying on state TV. The Saudi minister expressed the need for enhanced maritime security in the Gulf region, according to SPA. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Al Saud also expressed the Kingdom's intention to reopen its embassy in Tehran in the near future<\/span><span style=\"font-weight:400;\">, following Iran's recent reopening of its embassy and consulate general in Saudi Arabia earlier this month, according to Bloomberg. The meeting signifies a thaw in diplomatic relations between the two countries, brokered by China in March. Saudi Arabia cut off diplomatic relations with Iran in 2016 after protests erupted over the execution of a Shiite Muslim cleric at Saudi's diplomatic posts in Tehran. <\/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\">Qatar eyes Korean investments: <\/span><span style=\"\">Qatar called for South Korean investments during an<\/span><span style=\"\"> investment forum hosted by the Korean Chamber of Commer<\/span><span>ce and Industry and the Qatari embassy in Seoul last Wednesday, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"http:\/\/www.koreaherald.com\/view.php?ud=20230615000551&np=1&mp=1\" style=\"\">The Korea Herald<\/a><\/span><span> reports. <\/span><span>Qatar requested investments from South Korean companies amid growing economic cooperation between the two countries, promising incentives including full foreign ownership of listed companies and heavy tax cuts. \u201cWe are confident that the private sectors of Qatar and South Korea can play an important role in strengthening trade exchanges between the two countries,\u201d Nasser Al Haidar, a member of the registration committee at the Qatari Chamber of Commerce and Industry, 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\">ALSO WORTH KNOWING-<\/span><\/p>\n<ul>\n<li><span style=\"font-weight:700\">Tunisia + Malta to boost cooperation: <\/span><span style=\"\">Tunisian Prime Minister Najla Bouden and <\/span><span>Maltese President Malta Geroge Vella discussed enhancing cooperation in transport and trade, among other sectors. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/economy\/north-africa\/pm-expresses-tunisias-determination-to-strengthen-cooperation-with-malta-jnss903k\" style=\"\">Zawya<\/a><\/span><span style=\"font-weight:400;\">)<\/span><\/li>\n<li><span style=\"\">The <\/span><span style=\"font-weight:700\">UAE'<\/span><span style=\"\">s<\/span><span style=\"font-weight:700\"> International Cooperation Minister <\/span><span style=\"\">Reem Al Hashimy <\/span><span>visited <\/span><span style=\"font-weight:700\">Brazil<\/span><span> to discuss <\/span><span style=\"font-weight:700\">strategic cooperation<\/span><span> between the two countries, including in <\/span><span style=\"font-weight:700\">aviation, transport<\/span><span>, and<\/span><span style=\"font-weight:700\"> logistics<\/span><span>. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/wam.ae\/en\/details\/1395303170081\" style=\"\">WAM<\/a><\/span><span>)<\/span><\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/iran\/\">Iran<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/korea\/\">Korea<\/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\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/tunisia\/\">Tunisia<\/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=\"71584\" 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=\"71584\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Logistics in the News<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/06\/19\/global-sanctions-are-prompting-an-increase-in-murky-trade-russias-financing-iranian-infrastructure-projects-to-secure-alternative-trade-routes\/\">\r\n                            Global sanctions are prompting an increase in murky trade + Russia\u2019s financing Iranian infrastructure projects to secure alternative trade routes                        <\/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\" 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      <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/06\/19\/global-sanctions-are-prompting-an-increase-in-murky-trade-russias-financing-iranian-infrastructure-projects-to-secure-alternative-trade-routes\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/907.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"71585\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/06\/19\/global-sanctions-are-prompting-an-increase-in-murky-trade-russias-financing-iranian-infrastructure-projects-to-secure-alternative-trade-routes\/907-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/907.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"907.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/907.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/907.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-71584\" class=\"content-area-description single-story post-71584 post type-post status-publish format-standard has-post-thumbnail hentry category-logistics-in-the-news tag-enterprise-logistics tag-iran tag-logistics-in-the-news tag-russia 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\/.78af4d84-a020-44b6-b3c6-a623ff1de99c.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\">More widespread sanctions are driving a jump in \u201cmurky trade,\u201d<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bloomberg.com\/news\/newsletters\/2023-06-14\/supply-chain-latest-jump-in-economic-sanctions\" style=\"\">Bloomberg<\/a><\/span><span>reported. The number of sanctioned individuals and entities topped 60k in April, up 25.4% y-o-y, according to Refinitiv data cited by Bloomberg. More than one in four countries are subject to some form of United Nations or Western sanctions and 29% of global GDP output takes place in countries facing sanctions, according to Center for Economic and Policy Research data cited by Bloomberg. The rise of sanctions is leading to more sanctioned countries trading with each other, with more \u201c<\/span><span>one-off, ad-hoc arrangements\u201d expected in the interim, an adjunct senior fellow at the Center for a New American Security 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: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\">Russia is bankrolling Iranian infrastructure projects in a bid to secure alternative <\/span><span style=\"font-weight:700\">trade routes:<\/span><span> Russia is funding Iran\u2019s infrastructure for the North-South Corridor, a railway route connecting Russia to the Indian Ocean through Iran, as it looks to secure alternative trade routes after being cut off from its traditional Western ones due to sanctions, Nikita Smagin writes for <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/carnegieendowment.org\/politika\/89973\" style=\"\">Carnegie<\/a><\/span><span>. Iran, which lacks the funds to finance the corridor, will need Russian funds in order to complete the project, though uncertain returns on investment, strained relations between Iran and Azerbaijan (which the <\/span><span>corridor must pass through)<\/span><span>, and competition from other transport routes all pose risks to the project\u2019s completion.  <\/span><\/p>\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\/iran\/\">Iran<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/logistics-in-the-news\/\">LOGISTICS IN THE NEWS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/russia\/\">Russia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"71586\" 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=\"71586\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Also on Our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/06\/19\/maersk-adds-sohar-port-to-its-shipping-line-linking-india-uae-dubai-deploys-motorbikes-for-delivery-plus-news-from-adani-group-sczone-fedex-magrabi-damietta-port-authority-qatari-and-ksa-cus\/\">\r\n                            Maersk adds Sohar Port to its shipping line linking India, UAE + Dubai deploys motorbikes for delivery. PLUS: News from Adani Group, SCZone, FedEx, Magrabi, Damietta Port Authority, Qatari and KSA customs, Istanbul-Tehran-Islamabad train, Iraqi Republic Railways and the Saudi Transport Authority                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/06\/19\/maersk-adds-sohar-port-to-its-shipping-line-linking-india-uae-dubai-deploys-motorbikes-for-delivery-plus-news-from-adani-group-sczone-fedex-magrabi-damietta-port-authority-qatari-and-ksa-cus\/\" 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\/19\/maersk-adds-sohar-port-to-its-shipping-line-linking-india-uae-dubai-deploys-motorbikes-for-delivery-plus-news-from-adani-group-sczone-fedex-magrabi-damietta-port-authority-qatari-and-ksa-cus\/')\">\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\/19\/maersk-adds-sohar-port-to-its-shipping-line-linking-india-uae-dubai-deploys-motorbikes-for-delivery-plus-news-from-adani-group-sczone-fedex-magrabi-damietta-port-authority-qatari-and-ksa-cus\/\">\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=Maersk adds Sohar Port to its shipping line linking India, UAE + Dubai deploys motorbikes for delivery. 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The Shaheen Express line will help strengthen trade between India and the UAE, which has been surging since the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/128722e8-18ce-4093-b67e-2ceca20c99ec\" style=\"\">India-UAE Comprehensive Economic Partnership Agreement<\/a><\/span><span style=\"\"> (CEPA) was launched in May, the statement said.<\/span><span> The shipping line will include two vessels with a capacity of 2.8k TEUs. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">LAST MILE-<\/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 Dubai Taxi Corporation (DTC) has deployed a fleet of 600 motorbikes for <\/span><span style=\"font-weight:700\">delivery services<\/span><span style=\"\"> via smart platforms and apps for commercial enterprises in the private sector, according to a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.rta.ae\/wps\/portal\/rta\/ae\/home\/news-and-media\/all-news\/NewsDetails\/dubai-taxi-deploys-a-fleet-of-600-motorbikes-to-support-delivery-service-sector?lang=en\" style=\"\">statement<\/a><\/span><span style=\"\"> by Dubai\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.rta.ae\/wps\/portal\/rta\/ae\/home?lang=ar\" style=\"\">Road Transport Authority<\/a><\/span><span style=\"font-weight:400;\">. The DTC intends to increase the number of motorbikes to 990 by the end of the year, according to the statement. The delivery service aims to \u201cprovide new growth prospects for commercial businesses,\u201d DTC CEO Mansoor Al Falasi said in the statement. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">INVESTMENT-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Russia to divide its SCZone industrial zone, pending approval:<\/span><span style=\"\"> Russia is waiting on <\/span><span>approval from Egyptian MPs to divide its industrial area at the Suez Canal Economic Zone (SCZone) into two parts \u2014 one near Port Said at the north end of the Canal and one to the south at Ain Sokhna \u2014 <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/tass.com\/politics\/1632321\" style=\"\">TASS<\/a><\/span><span style=\"font-weight:400;\"> reports citing Russian Ambassador to Cairo Georgy Borisenko. Construction on the zone can begin once MPs give their sign-off, Borisenko 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;\">SUEZ CANAL-<\/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\">Adani Group discusses Suez Canal projects: <\/span><span style=\"\">Suez Canal Economic Zone Chairman Walid <\/span><span>Gamal El Din discussed cooperation projects in ports, renewable energy, logistics, and infrastructure withSudipta Bhattacharya, CEO of Indian conglomerate Adani Group, according to an SCZone statement shared with the press. Adani Group founder Gautam Adani met with President Abdel Fattah El Sisi earlier this year to discuss <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3bcbd81c-1b69-41fb-9400-f968fe3a7956\" style=\"\">potential investment<\/a><\/span><span style=\"font-weight:400;\"> in our infrastructure.<\/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;\">E-COMMERCE-<\/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\">FedEx and global supply chain solutions provider <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.floship.com\/\" style=\"\">Floship<\/a><\/span><span style=\"font-weight:700\"> have partnered <\/span><span style=\"font-weight:700\">to <\/span><span style=\"font-weight:700\">provide fulfillment and logistics services to e-commerce retailers worldwide<\/span><span style=\"\">, according to a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/newsroom.fedex.com\/newsroom\/asia-english\/fedex-and-floship-form-commercial-partnership-to-deliver-whats-next-in-e-commerce\" style=\"\">press release<\/a><\/span><span style=\"\">. The partnership will create an end-to-end digitalized fulfillment and last-mile delivery returns solution, as well as inventory management, to enhance operational efficiency to customers in the Middle East, Africa, Europe, North America, and Asia Pacific, the statement said. The partnership will be funded by investments from FedEx\u2019s early stage investor arm <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/newsroom.fedex.com\/newsroom\/asia-english\/fedex-launches-fedex-innovation-lab-to-fuel-digital-capabilities-for-whats-next\" style=\"\">FedEx Innovation Lab<\/a><\/span><span style=\"\">,<\/span><span style=\"font-weight:400;\"> although no investment amount has been disclosed.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The partnership will provide growing e-commerce brands and retailers with a \u201cone-stop, all-inclusive two-way supply chain,\u201d<\/span><span style=\"\"> Floship CEO Joshua Tsui commented in the statement. The<\/span><span style=\"\"> partnership will enable FedEx\u2019s ecommerce customers to streamline their fulfillment operations through access to Floship's network of warehouse and logistics platforms, while Floship\u2019s customers will be able to leverage FedEx\u2019s global network and transportation to optimize their 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;\">ALSO WORTH KNOWING-<\/span><\/p>\n<ul>\n<li><span style=\"\">Retail group<\/span><span style=\"font-weight:700\"> Magrabi<\/span><span style=\"\"> has inked an <\/span><span style=\"font-weight:700\">agreement<\/span><span style=\"\"> with technology company <\/span><span style=\"font-weight:700\">SAP <\/span><span>to use its data service <\/span><span style=\"font-weight:700\">SAP Datasphere<\/span><span>, to optimize its supply chain. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/magrabi-retail-group-leads-region-by-becoming-early-adopter-of-sap-datasphere-d752kcmy\" style=\"\">Zawya<\/a><\/span><span style=\"font-weight:400;\">) <\/span><\/li>\n<li><span style=\"font-weight:700\">The Damietta Port Authority<\/span><span style=\"\"> has <\/span><span style=\"font-weight:700\">signed a contract<\/span><span style=\"\"> for the <\/span><span style=\"font-weight:700\">construction<\/span><span style=\"\"> and <\/span><span style=\"font-weight:700\">supply<\/span><span style=\"\"> of <\/span><span style=\"font-weight:700\">four new tugboats<\/span><span style=\"\"> with a towing capacity of <\/span><span style=\"font-weight:700\">70 tons<\/span><span style=\"\">. <\/span><span style=\"\">(<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/damietta.port\/posts\/pfbid0ux3idkeoz3P9AfFkwA9uyBGaQ81HVRYtNLJSnPWcxJSEBWpNLUCpzikBqxg7Y5iYl\" style=\"\">Statement<\/a><\/span><span style=\"\">)<\/span><\/li>\n<li><span style=\"\">A <\/span><span style=\"font-weight:700\">Qatari delegation <\/span><span style=\"\">visited<\/span><span style=\"font-weight:700\"> Saudi Arabia <\/span><span style=\"\">to explore enhancing<\/span><span style=\"font-weight:700\"> customs <\/span><span style=\"font-weight:700\">relations <\/span><span style=\"\">and<\/span><span style=\"font-weight:700\"> exchange expertise <\/span><span style=\"\">last week. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/shorturl.at\/mBDHM\" style=\"\">Al Sharq<\/a><\/span><span style=\"font-weight:400;\">)<\/span><\/li>\n<li><span style=\"font-weight:700\">Iran, Turkey,<\/span><span style=\"\"> and<\/span><span style=\"font-weight:700\"> Pakistan<\/span><span style=\"\"> held a meeting on the <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/c4b703ab-2188-4dc8-ba18-c72c512d8e13\" style=\"\">Istanbul-Tehran-Islamabad<\/a><\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/c4b703ab-2188-4dc8-ba18-c72c512d8e13\" style=\"\">Cargo Train<\/a><\/span><span style=\"\">project, where they discussed the <\/span><span style=\"font-weight:700\">digitization<\/span><span style=\"\"> of procedures between<\/span><span style=\"font-weight:700\"> countries along the corridor<\/span><span style=\"\">. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/en.mehrnews.com\/news\/202124\/Iran-Pakistan-Turkey-hold-meeting-on-rail-corridor\" style=\"\">Mehr News Agency<\/a><\/span><span style=\"font-weight:400;\">)  <\/span><\/li>\n<li><span style=\"font-weight:700\">Iraqi Republic Railways<\/span><span style=\"\">has inked a contract with the State Company for the Implementation of Transport Projects to <\/span><span style=\"font-weight:700\">renovate<\/span><span style=\"\"> a <\/span><span style=\"font-weight:700\">12 km railway line<\/span><span style=\"\"> linking the Daura oil refinery to Iraqi ports. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/motrans.gov.iq\/?article=709\" style=\"\">Statement<\/a><\/span><span style=\"\">)<\/span><span style=\"font-weight:400;\">  <\/span><\/li>\n<li><span style=\"\">The <\/span><span style=\"font-weight:700\">Saudi Transport Authority <\/span><span style=\"\">has greenlit <\/span><span style=\"font-weight:700\">15 licensing and technical <\/span><span style=\"font-weight:700\">guides <\/span><span style=\"\">for<\/span><span style=\"font-weight:700\"> rail transport<\/span><span style=\"\"> activities to boost transport quality and safety. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/sp.spa.gov.sa\/viewfullstory.php?lang=en&newsid=2462503\" style=\"\">Statement<\/a><\/span><span style=\"font-weight:400;\">) <\/span><\/li>\n<\/ul>\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\/iran\/\">Iran<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/maritime\/\">maritime<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/pakistan\/\">Pakistan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/shipping-lines\/\">SHIPPING LINES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/suez-canal\/\">Suez Canal<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/turkey\/\">Turkey<\/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=\"71588\" 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=\"71588\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Around the World<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/06\/19\/is-an-end-to-west-coast-port-disruptions-near-plus-walmart-establishes-largest-us-fulfillment-center-electric-truck-maker-lay\/\">\r\n                            Is an end to West Coast port disruptions near? PLUS: Walmart establishes largest US fulfillment center + Electric truck maker lay                        <\/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\/19\/is-an-end-to-west-coast-port-disruptions-near-plus-walmart-establishes-largest-us-fulfillment-center-electric-truck-maker-lay\/\" 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\/19\/is-an-end-to-west-coast-port-disruptions-near-plus-walmart-establishes-largest-us-fulfillment-center-electric-truck-maker-lay\/')\">\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\/19\/is-an-end-to-west-coast-port-disruptions-near-plus-walmart-establishes-largest-us-fulfillment-center-electric-truck-maker-lay\/\">\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=Is an end to West Coast port disruptions near? PLUS: Walmart establishes largest US fulfillment center + Electric truck maker lay&url=https:\/\/enterpriseam.com\/logistics\/2023\/06\/19\/is-an-end-to-west-coast-port-disruptions-near-plus-walmart-establishes-largest-us-fulfillment-center-electric-truck-maker-lay\/\">\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\/19\/is-an-end-to-west-coast-port-disruptions-near-plus-walmart-establishes-largest-us-fulfillment-center-electric-truck-maker-lay\/&title=Is an end to West Coast port disruptions near? PLUS: Walmart establishes largest US fulfillment center + Electric truck maker lay\">\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=Is+an+end+to+West+Coast+port+disruptions+near%3F+PLUS%3A+Walmart+establishes+largest+US+fulfillment+center+%2B+Electric+truck+maker+lay+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F06%2F19%2Fis-an-end-to-west-coast-port-disruptions-near-plus-walmart-establishes-largest-us-fulfillment-center-electric-truck-maker-lay%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\/19\/is-an-end-to-west-coast-port-disruptions-near-plus-walmart-establishes-largest-us-fulfillment-center-electric-truck-maker-lay\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/904.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"71589\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/06\/19\/is-an-end-to-west-coast-port-disruptions-near-plus-walmart-establishes-largest-us-fulfillment-center-electric-truck-maker-lay\/904-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/904.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"904.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/904.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/904.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-71588\" class=\"content-area-description single-story post-71588 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-enterprise-logistics tag-fulfillment tag-us 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\/.1f8f9023-27e2-429c-b9f2-ad530ef7999a.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\">US West Coast dockworkers could receive a 32% pay increase through 2028 along with a <\/span><span style=\"font-weight:700\">one time \u201chero bonus\u201d<\/span><span> out of a total USD 70 mn earmarked for those who worked through covid-19, the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wsj.com\/articles\/new-ports-contract-would-raise-pay-32-bring-dockworkers-70-million-in-bonuses-22be80a9\" style=\"\">Wall Street Journal<\/a><\/span><span style=\"font-weight:400;\"> reports, citing unnamed sources. Under the tentative agreement, dockworkers would receive a raise of USD 4.62 per hour and an additional USD 2 an hour each subsequent year. The agreement follows more than a year of negotiations that have made importers reluctant to ship to West Coast ports and led to fears of a wider scale of impact on US-Asia trade flows as labor strikes disrupted port operations, WSJ writes. <\/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\">Walmart<\/span><span style=\"\"> has launched a<\/span><span style=\"font-weight:700\"> 2.2 mn-square-foot fulfillment center <\/span><span style=\"\">in <\/span><span style=\"\">McCordsville, <\/span><span style=\"font-weight:700\">Indiana<\/span><span style=\"\"> \u2014 the largest in the US \u2014 that should enable the retailer to fulfill orders more<\/span><span style=\"\">efficiently. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/corporate.walmart.com\/newsroom\/2023\/06\/15\/walmart-opens-high-tech-fulfillment-center-near-indianapolis\" style=\"\">Statement<\/a><\/span><span style=\"font-weight:400;\">) <\/span><\/li>\n<li><span style=\"\">American <\/span><span style=\"font-weight:700\">electric truck maker <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.nikolamotor.com\/\" style=\"\">Nikola<\/a><\/span><span style=\"\"> will <\/span><span style=\"font-weight:700\">lay off<\/span><span style=\"font-weight:700\">270 of its employees<\/span><span style=\"\"> \u2014 or about 23% of its workforce \u2014 including 150 <\/span><span style=\"\">from its European operations, to reduce its annual spending by USD 50 mn and focus on its North American operations. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/business\/autos-transportation\/electric-truck-maker-nikola-laying-off-270-employees-2023-06-16\/\" style=\"\">Reuters<\/a><\/span><span style=\"\"> | <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/techcrunch.com\/2023\/06\/16\/electric-truck-maker-nikola-to-cut-23-of-workforce\/\" style=\"\">TechCrunch<\/a><\/span><span style=\"\">)<\/span><\/li>\n<\/ul>\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\/around-the-world\/\">AROUND THE WORLD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/fulfillment\/\">fulfillment<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/us\/\">US<\/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=\"71590\" 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\/19\/71590\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-71590\" class=\"content-area-description single-story post-71590 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>19-21 June (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/emea.coupainspire.com\/\" style=\"\">Coupa Inspire<\/a><\/span><span>, ExCel, London, UK.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>20-21 June (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/petra.gov.jo\/Include\/InnerPage.jsp?ID=50612&lang=en&name=en_news\" style=\"\">Jordan-Iraq Economic Forum<\/a><\/span><span style=\"font-weight:400;\">, Amman, Jordan.<\/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 style=\"font-weight:400;\">, 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>29 June- 2 July (Thursday- Sunday): The China-Africa Economic and Trade Expo (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"http:\/\/gm.china-embassy.gov.cn\/eng\/sgxw\/202303\/t20230308_11037851.htm\" style=\"\">CAETE<\/a><\/span><span style=\"font-weight:400;\">), Changsha, China. <\/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 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>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>6-7 September (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/sustainability-live.com\/\" style=\"\">Sustainability LIVE London<\/a><\/span><span style=\"font-weight:400;\">, Business Design Centre, London.<\/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 style=\"font-weight:400;\">, Hyatt Regency Dubai, Dubai.<\/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 style=\"font-weight:400;\">, The Ritz-Carlton, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>26-28 September (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/procureconeu.wbresearch.com\/\" style=\"\">ProcureCon<\/a><\/span><span style=\"font-weight:400;\">, Hyatt Regency Barcelona Tower, Spain.<\/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>24-25 October (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/10times.com\/e1k2-53s3-fxhf\" style=\"\">Future Fuels Europe<\/a><\/span><span style=\"font-weight:400;\">, Amsterdam, Netherlands. <\/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 style=\"font-weight:400;\">, Abu Dhabi, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>30-31 October (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.gartner.com\/en\/conferences\/emea\/supply-chain-planning-uk\" style=\"\">Gartner Supply Chain Planning Summit<\/a><\/span><span style=\"font-weight:400;\">, London, UK. <\/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>9-15 November (Thursday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.intrafricantradefair.com\/en\" style=\"\">Intra-AfricanTrade Fair<\/a><\/span><span style=\"font-weight:400;\">, Cairo, Egypt.<\/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-Wednesday): <\/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 (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 December (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 style=\"font-weight:400;\">, 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>12-14 March (Tuesday- Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iata.org\/en\/events\/all\/wcs\/\" style=\"\">IATA World Cargo Symposium<\/a><\/span><span style=\"font-weight:400;\">, 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;\">DECEMBER 2024<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>10-12 December (Tuesday-Thursday): Middle East Business Aviation, DWC, 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;\">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\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":71570,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-71569","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"771e1858-718b-4b00-a7fb-baff446192dd","teaser":"","photo_url":"https:\/\/ent.news\/2022\/3\/160.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>Lots of Egypt news - 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\/lots-of-egypt-news\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lots of 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