{"id":71935,"date":"2023-07-10T01:15:00","date_gmt":"2023-07-10T01:15:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=71935"},"modified":"2025-12-15T12:53:43","modified_gmt":"2025-12-15T12:53:43","slug":"new-uae-israel-trade-route","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/new-uae-israel-trade-route\/","title":{"rendered":"New UAE-Israel trade route?"},"content":{"rendered":"<section id=\"71937\" 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=\"71937\">\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\/07\/10\/today-gcc-russia-strategic-dialogue-kicks-off-today-imo-adopts-strategy-to-reduce-shipping-emissions\/\">\r\n                            TODAY: GCC-Russia strategic dialogue kicks off today + IMO adopts strategy to reduce shipping emissions                        <\/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\/07\/10\/today-gcc-russia-strategic-dialogue-kicks-off-today-imo-adopts-strategy-to-reduce-shipping-emissions\/\" 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data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/1157.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1157.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/1157.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/1157.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-71937\" class=\"content-area-description single-story post-71937 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-aviation tag-diplomacy tag-enterprise-logistics tag-gcc tag-iran tag-maritime tag-oil tag-russia tag-trade tag-uae tag-what-were-tracking-today tag-zones wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/7\/.84e9b1a3-0559-4e36-aa23-0f2cf4250f3f.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Good morning, lovely people. <\/span><span style=\"\">We\u2019re back with yet another packed issue, filled with diplo news<\/span><span> and fresh proposals from countries on new trade routes in the region. <\/span><\/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- Israel and the US are pushing for a \u201cland bridge\u201d to link the UAE and Israeli ports <\/span><span style=\"font-weight:400;\">via Saudi Arabia and Jordan. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">HAPPENING TODAY-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"><a id=\"wwtt1\"><\/a> <\/span><span style=\"font-weight:700\">A joint ministerial meeting for strategic dialogue between the GCC and <\/span><span style=\"font-weight:700\">Russia is kicking off today in Moscow<\/span><span>, according to a GCC <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.gcc-sg.org\/ar-sa\/MediaCenter\/NewsCooperation\/News\/Pages\/news2023-7-8-2.aspx\" style=\"\">statement<\/a><\/span><span style=\"font-weight:400;\">. The talks will see the two sides swap views and coordinate on regional and international issues, as well as help strengthen ties between the GCC and Moscow, the statement said,<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">PSA-<\/span><span style=\"font-weight:700\">Stricter rules and penalties in amended Dubai traffic laws:<\/span><span style=\"\"> Non-Emirati drivers of <\/span><span>heavy-duty trucks who run red lights in Dubai will face a fine of AED 50k and deportation under Dubai\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/mediaoffice.ae\/en\/news\/2023\/July\/06-07\/Dubai%20Police%20Launches%20Awareness%20Campaign%20on%20Amended%20Traffic%20Law\" style=\"\">amended traffic law<\/a><\/span><span>, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/gulfnews.com\/uae\/transport\/dubai-6-traffic-violations-that-invite-fines-of-dh50000-1.1688719219925\" style=\"\">Gulf News<\/a><\/span><span style=\"font-weight:400;\"> reports. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The US Navy blocked what it says was an attempt by Iran to seize two commercial oil tankers in the <\/span><span style=\"font-weight:700\">Gulf of Oman last week<\/span><span>, according to a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/7\/279.pdf\" style=\"\">US Navy statement<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/7\/279.pdf\" style=\"\">(pdf)<\/a><\/span><span>. In two separate incidents, Iranian naval vessels approached the tankers \u2014 the Marshall Islands-flagged TRF Moss and the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.chevron.com\/\" style=\"\">Chevron<\/a><\/span><span>-owned, Bahamas-flagged Richmond Voyager \u2014 but the US Navy deployed its guided-missile destroyer USS McFaul to intervene. The Iranian vessels both moved away upon the US ship\u2019s approach, but the latter had fired at the Richmond Voyager with small arms before the destroyer\u2019s arrival, hitting the tanker\u2019s hull. No casualties were reported and Chevron confirmed that operations have returned to normal, according to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/world\/middle-east\/shots-fired-oil-tanker-gulf-maritime-security-bodies-2023-07-05\/\" style=\"\">Reuters<\/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\">Iran\u2019s response: <\/span><span>Iranian authorities said that the country\u2019s navy was acting in accordance with a court order to seize the Richmond Voyager after it collided with an Iranian vessel, causing damage and injuries, according to the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/en.irna.ir\/news\/85162897\/Headlines-in-Iranian-English-language-dailies-on-July-8\" style=\"\">Islamic Republic of Iran News Network<\/a><\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"><a id=\"wwtt2\"><\/a> <\/span><span style=\"font-weight:700\">The International Maritime Organization<\/span><span style=\"font-weight:700\">has adopted a revised strategy to reduce <\/span><span style=\"font-weight:700\">shipping emissions<\/span><span>, according to a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.imo.org\/en\/MediaCentre\/PressBriefings\/pages\/Revised-GHG-reduction-strategy-for-global-shipping-adopted-.aspx#:~:text=The%20revised%20IMO%20GHG%20Strategy,points%20for%202030%20and%202040.\" style=\"\">statement<\/a><\/span><span>.<\/span><span> The <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.imo.org\/en\" style=\"\">IMO<\/a><\/span><span>\u2019s new strategy sets updated targets, including reaching net-zero GHG emissions from international shipping by around 2050 and ensuring an \u201cuptake of alternative zero and near-zero GHG fuels by 2030.\u201d The strategy outlines measures to promote energy transition, assess impacts on states, and provide capacity-building and technical cooperation. It also includes checkpoints for emission reduction in 2030 and 2040.<\/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=\"wwtt3\"><\/a> <\/span><span style=\"font-weight:700\">WATCH THIS SPACE #1-<\/span><span style=\"font-weight:700\">Iran and Vietnam plan to ink a preferential trade and <\/span><span style=\"font-weight:700\">bartering agreement to enhance bilateral trade and economic ties<\/span><span>, state aligned Iranian <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.tasnimnews.com\/en\/news\/2023\/07\/08\/2922641\/iran-vietnam-to-ink-pta-bartering-deal\" style=\"\">Tasnim News Agency<\/a><\/span><span> reported. Iran\u2019s Trade Promotion Organization Acting Head Mehdi Zeyghami and Iran\u2019s Vietnamese Ambassador Luong Quoc Huy discussed the plans, as well as the upcoming<\/span><span> Iran-Vietnam Economic Forum<\/span><span style=\"font-weight:400;\">, during a meeting on Saturday. Zeyghami also called for the two countries to organize an Iran-Vietnam Joint Economic Commission to bolster trade ties, the news agency writes.<\/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\"> WATCH THIS SPACE #2-<\/span><span style=\"font-weight:700\">The European Commission is set to propose measures tomorrow aimed <\/span><span style=\"font-weight:700\">at lowering emissions from freight transport<\/span><span>, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-07-06\/eu-to-unveil-strategy-to-make-freight-transport-greener?srnd=green\" style=\"\">Bloomberg<\/a><\/span><span style=\"font-weight:400;\"> reported on Thursday, citing a draft document it has seen. The measures include reducing red tape, coordinating international rail traffic, and using digital technologies. \u201cUnnecessary regulatory obstacles continue to undermine the efficiency of European freight, limiting the scope for emissions reductions,\u201d the document read. Freight transport accounts for over 30% of carbon dioxide emissions in the transportation sector, according to the document. The sector is expected to grow by 25% by the end of the decade from 2015 levels and 50% by 2050.<\/span><\/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=\"\"> <a id=\"wwtt5\"><\/a> <\/span><span style=\"font-weight:700\">DATA POINT #1- Global air cargo demand, measured in cargo tonne-kilometers <\/span><span style=\"font-weight:700\">(CTKs), fell 5.2% y-o-y in May<\/span><span>, according to data released by the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iata.org\/en\/pressroom\/2023-releases\/2023-07-05-01\/\" style=\"\">International Air Transport Association (IATA)<\/a><\/span><span style=\"font-weight:400;\">. Capacity, measured by available cargo tonne-kilometers (ACTKs), rose 14.5%, fuelled by the expansion of belly capacity as passenger business recovers. Demand was hit by several factors including a contraction in global manufacturing and a decrease in global goods trade (down 0.8% in April), according to IATA. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">How did MENA\u2019s airlines fare? <\/span><span>The region\u2019s airlines reported a 3.1% y-o-y decline in cargo volumes, showing a slight improvement from a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/7690da8d-7509-4d5a-b8d9-a42576e46d0e\" style=\"\">6.7% decrease in April<\/a><\/span><span style=\"font-weight:400;\">. Airlines increased capacity by 15.6% y-o-y, the data showed. African airlines recorded a 2.4% y-o-y decrease in demand during the month and a 9.2% y-o-y increase in capacity. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Things could look up in 2H 2023: <\/span><span style=\"font-weight:400;\">Despite the challenging conditions, improvements are expected in the second half of the year, according to Willie Walsh, IATA\u2019s Director General. \u201cAs inflation moderates in many markets, it is widely expected that central bank rate hikes will taper. This should help stimulate economic activity with a positive impact on demand for air cargo,\u201d Walsh 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\">DATA POINT #2- The UAE's re-export sector is estimated to have a total direct and <\/span><span style=\"font-weight:700\">indirect economic impact of AED 48 bn<\/span><span>, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/wam.ae\/en\/details\/1395303174739\" style=\"\">WAM<\/a><\/span><span>cites<\/span><span> Foreign Trade Minister Thani Al Zeyoudi as saying. The UAE, a major global re-export center, has set a target to increase the added value of its economy through re-exports by 50% by 2030. In 2022, re-exports constituted 27.5% of the UAE's total foreign trade value, contributing 6.6% to the country's GDP and generating around 1.3 mn jobs across different sectors.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">DATA POINT #3- The port of Alexandria saw a 21%<\/span><span style=\"font-weight:700\">y-o-y increase in ship traffic in <\/span><span style=\"font-weight:700\">June<\/span><span>, receiving some 410 ships, according to an Alexandria Port Authority <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/apa.gov.eg\/en\/%D8%A7%D9%84%D9%87%D9%8A%D8%A6%D8%A9-%D8%A7%D9%84%D8%B9%D8%A7%D9%85%D8%A9-%D9%84%D9%85%D9%8A%D9%86%D8%A7%D8%A1-%D8%A7%D9%84%D8%A3%D8%B3%D9%83%D9%86%D8%AF%D8%B1%D9%8A%D8%A9-%D8%A5%D8%B3%D8%AA%D9%82\/\" style=\"\">statement<\/a><\/span><span>.<\/span><span style=\"font-weight:400;\"> General cargo vessels recorded the most significant growth at 66%. Container ships saw a 24.3% increase and the number of dry bulk vessels was up by 11%. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">DATA POINT #4- Mwani Qatar\u2019s ports witnessed a 32% y-o-y increase in container <\/span><span style=\"font-weight:700\">transshipment volumes in the first nine months of 2023<\/span><span>, according to a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.linkedin.com\/feed\/update\/urn:li:activity:7082263413510275073\/\" style=\"\">statement<\/a><\/span><span style=\"font-weight:400;\">. Livestock volumes surged 196% to some 294k heads. Shipments of building and construction materials rose 5.3% y-o-y, to 274.7 tonnes, while the number of ro-ro units increased 5.5% to reach 40.2k units.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">ENTERPRISE IS LOOKING FOR SMART, TALENTED PEOPLE of all backgrounds to help us build some very cool new things.<\/span><span style=\"font-weight:400;\"> Enterprise \u2014 the essential morning read on all the important news shaping business and the economy in Egypt and the region \u2014 is looking for writers, reporters and editors to help us build out new publications. Today, we run four daily Egypt and MENA-focused publications, five weekly industry verticals, and a weekend lifestyle edition designed to make our readers feel just a bit smarter.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">We have tons more in the pipeline \u2014 come help us build new publications.<\/span><span style=\"font-weight:400;\"> We offer the chance to work in a fast-paced newsroom on a broad range of topics and in a variety of formats. Our goal is simple: To create value for our growing community of >250k daily readers by telling stories that matter.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">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\">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 on subject matter knowledge, while also working on constructing and filing Enterprise stories that will run on any of our publications. Those who have successfully completed the program, will then be given long-term job offers.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Apply directly to jobs@enterprisemea.com and mention \u201cwriting development program\u201d<\/span><span style=\"font-weight:400;\"> in your subject line.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">MARKET WATCH-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The Russian oil market has rebalanced itself in light of sanctions:<\/span><span style=\"\"> Russia\u2019s oil <\/span><span>exports to Africa have increased 14-fold as it looks to alternative markets following Western sanctions, according to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.spglobal.com\/commodityinsights\/en\/market-insights\/latest-news\/oil\/070423-russian-oil-product-flows-to-africa-jump-following-western-sanctions\" style=\"\">S&P Global<\/a><\/span><span style=\"font-weight:400;\">. Prior to the war, Russia had exported just 33k bbl \/ d to Africa, most of which was gasoline, according to S&P. This has now soared to 420k bbl \/ d as of March 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\">Big MENA markets banking off of the rerouting of Russia\u2019s exports include Tunisia, Egypt, Libya, and Morocco.<\/span><span style=\"font-weight:400;\"> \u201cNorth African states are playing a significant role for Russia in mitigating implications of oil and oil product ban,\u201d independent Russia analyst Timur Kulakhmetov told S&P, adding that this is indicative of a \u201crebalancing\u201d of the market. <\/span><\/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 unaffected by sanctions: Iran.<\/span><span style=\"\"> Iran\u2019s LPG exports reached a record high in May, with <\/span><span>shipments estimated at 973.3k metric tons, surpassing the previous record set in May 2022, according to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.spglobal.com\/commodityinsights\/en\/market-insights\/latest-news\/oil\/070523-irans-lpg-exports-reach-record-high-of-973260-mt-in-may\" style=\"\">S&P Global<\/a><\/span><span>. The increase in exports is in line with projections of 1 mn metric tons per month for the rest of the year, trade sources said. Iran\u2019s oil output has witnessed a substantial increase since the beginning of the year, driven by exemptions from OPEC+ cuts due to US sanctions and expansions in the South Pars gas field.  <\/span><\/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 country is filling a gap in the market left by major OPEC+ producers:<\/span><span>Iranian oil shipme<\/span><span>nts reached a five-year high of 1.6 mn bbl \/ d between May and June, the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wsj.com\/articles\/iran-floods-global-markets-with-cheap-oil-as-saudi-arabia-cuts-output-e78aeac?mod=markets_lead_pos5\" style=\"\">Wall Street Journal<\/a><\/span><span> reports. Saudi Arabia, Russia, and other OPEC+ producers <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/0bc90554-8b9a-4e85-bd9d-b7394d5d79d6\" style=\"\">have been reducing<\/a><\/span><span style=\"font-weight:400;\"> their oil production to boost prices, though Iran\u2019s exports threaten to derail OPEC+ producers\u2019 plans, the 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\">Iran\u2019s biggest markets?<\/span><span style=\"font-weight:400;\"> China has emerged as Iran's primary oil purchaser, while Syria and Venezuela (both under US sanctions) have also become substantial buyers of Iranian oil. Iranian suppliers are offering a price reduction of USD 30 \/ bbl compared to their competitors in the Arabian Gulf.<\/span><\/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\u2019s Al Zour refinery starts up its third CDU: <\/span><span style=\"\">Asia\u2019s oil <\/span><span>markets are preparing for a surge in exports from Kuwait's Al Zour refinery as it starts up its final 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-exports\/asia-oil-markets-eye-kuwait-al-zours-exports-as-final-cdu-starts-up-idUSL4N38T0OP\" style=\"\">Reuters<\/a><\/span><span style=\"font-weight:400;\"> reports. Trade sources anticipate that the full impact of Al Zour refinery's operations will be felt in the third quarter as it increases its output. The refinery, operational since November 2022, is one of many increasing capacity this year, Reuters writes. The boost in production and oil product exports, including fuel oil, diesel, jet fuel, and naphtha, from Al Zour is anticipated to impact refining margins. In June, the refinery achieved a monthly export record of 2.8 mn metric tons, with a particular focus on Asian and Middle Eastern markets.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">About the refinery:<\/span><span style=\"font-weight:400;\"> Al Zour is anticipated to become a massive global exporter for very low sulfur fuel oil (VLSFO), producing up to 220k bbl \/ d, Reuters writes. It can also produce about 7 mn tons of ultra-low sulfur diesel, 4 mn tons of jet fuel, and 3 mn tons of naphtha, all of which are expected to be exported globally.<\/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\">IN THE SPOT MARKET- The Drewry World Container Index fell 1.3% this week to USD 1474.3 per 40-foot <\/span><span style=\"font-weight:700\">container<\/span><span>, down 79.1% y-o-y, according to Drewry\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.drewry.co.uk\/supply-chain-advisors\/supply-chain-expertise\/world-container-index-assessed-by-drewry\" style=\"\">website<\/a><\/span><span style=\"font-weight:400;\">. The index is currently down 86% from its peak in September 2021 and is 45% lower than its 10-year average of USD 2688. Despite signaling a move towards normal prices, the index is still 4% higher than the average rates from 2019. Drewry anticipates further decreases in spot rates for most routes in the upcoming weeks.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight: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:400;\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/44.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\">MARK YOUR CALENDARS- The Enterprise Finance Forum is taking place on 18-19 September at the St. Regis Hotel in Cairo. <\/span><span style=\"font-weight:400;\">This flagship forum is the latest in our must-attend series of invitation-only, C-suite-level gatherings that allow senior members of our community to openly and frankly discuss critical issues in key sectors of the economy. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Day one is our Banking Forum<\/span><span style=\"font-weight:400;\">, where we\u2019ll dive deep into topics of interest to commercial and investment bankers, from an outlook on the 12 months to come in M&A, IPO, and debt capital markets to the national, regional, and global trends that are (re)shaping our industry. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Day two is all about Fintech and Non-Banking Financial Services. <\/span><span style=\"font-weight:400;\">We\u2019ll take a deep dive into everything from the magic of client acquisition to the prospects of consolidation and the coming of challenger banks.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">** NEW: MORE NETWORKING TIME- <\/span><span style=\"font-weight:400;\">Our agenda includes expanded networking time, including an expanded coffee break and a post-event networking room for you to interact with your peers and speak one-on-one with the team at Enterprise.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;font-weight:700;\"><a href=\"https:\/\/finance.enterprise.news\/\" style=\"\">TAP OR CLICK 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> Ping a note to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"mailto:mtaalab@inktankir.com\" style=\"\">Moustafa Taalab<\/a><\/span><span>, our head of commercial, or fill out <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/finance.enterprise.news\/sponsor.html\" style=\"\">this form<\/a><\/span><span> and we\u2019ll be in touch. <\/span><\/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 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:700\">MISSED THE ENTERPRISE EXPORTS AND FDI FORUM? Tune in to the Enterprise Podcast to hear what went down:<\/span><span> The Enterprise Podcast is back with another installment of our forum series, where we bring you audio recordings of what was said on stage at the Enterprise Exports and FDI Forum,<\/span><span style=\"font-weight:400;\">which took place last May.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">WANT TO LISTEN? <\/span><span>Head to: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/podcasts.apple.com\/eg\/podcast\/the-enterprise-podcast\/id1617987136?i=1000620168782\" style=\"\">Apple Podcast<\/a><\/span><span> | <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/open.spotify.com\/episode\/1Py9gohdBSApgPy8cJ0MHC?si=jucGGDUaT2yNyDsaLKXwQQ&nd=1\" style=\"\">Spotify<\/a><\/span><span> | <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/podcasts.google.com\/feed\/aHR0cHM6Ly93d3cub21ueWNvbnRlbnQuY29tL2QvcGxheWxpc3QvNWE1NmQ3YzMtZjI4MS00NTU3LThlMzEtYWFjODAxN2NjZjA2LzY4NmNmYTU5LTAwOTMtNDEyMS1hMTRjLWFlNmYwMDk3ZjEyMi81NDI0MGE5Ni04YWY5LTRkZGQtODExNi1hZTZmMDA5OTgxMzYvcG9kY2FzdC5yc3M=\" style=\"\">Google Podcast<\/a><\/span><span> | <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/play.anghami.com\/episode\/1116856621?adj_t=dgl0aa8_64v1dnl&adj_campaign=ios&adj_adgroup=episode&adj_creative=126401725\" style=\"\">Anghami<\/a><\/span><span style=\"font-weight:400;\">.We\u2019re releasing a new episode every Sunday morning. <\/span><\/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 THIS WEEK\u2019S EPISODE- <\/span><span>We explored the lessons learned from the industries that have raised our export profile: Food and beverages, fertilizers and chemical products, and textiles and garments. We were joined on that panel by <\/span><span style=\"font-weight:700\">Mohamed Talaat Khalifa<\/span><span>, CEO of Concrete, <\/span><span style=\"font-weight:700\">Shams Eweis<\/span><span>, corporate affairs manager for North Africa and the Levant at Mars, and <\/span><span style=\"font-weight:700\">Tarek Hosny<\/span><span>, head of investments and projects at Fertiglobe.<\/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\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 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\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n                <span class=\"has-primary-color stk-highlight\">This publication is proudly sponsored by<\/span><\/h4>\r\n                \r\n\r\n                \r\n                <div class=\"wp-block-stackable-carousel alignwide stk-block-carousel stk--is-slide stk--infinite-scroll stk--arrows-justify-space-between stk--arrows-align-center stk-block stk-a38cfb2 sponsor-slider-container mb-0\" data-slides-to-show=\"3\" data-block-id=\"a38cfb2\"><style>.stk-a38cfb2 {--slides-to-show:3 !important;}.stk-a38cfb2 .stk-block-carousel__button{background:#00000099 !important;fill:#FFFFFF !important;border-radius:4px !important;}.stk-a38cfb2 .stk-block-carousel__button 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src=\"https:\/\/i0.wp.com\/ent.news\/internal\/29638.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.hassanallam.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/29594.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Investing in a sustainable future<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-yodlzuv\" data-v=\"4\" data-block-id=\"yodlzuv\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-yodlzuv-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-yodlzuv-inner-blocks\">\r\n            <div 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stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-n4ohjwz-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/29641.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.hsbc.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/29586.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Opening up a world of opportunity<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        <\/div><div class=\"stk-block-carousel__buttons\"><button class=\"stk-block-carousel__button stk-block-carousel__button__prev\" 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256 34.484 101.255c-9.335-9.379-9.317-24.544.04-33.901l22.667-22.667c9.373-9.373 24.569-9.373 33.941 0L285.475 239.03c9.373 9.372 9.373 24.568.001 33.941z\"><\/path><\/svg><\/button><\/div><\/div><div class=\"stk-block-carousel__dots\" role=\"list\" data-label=\"Slide %%d\"><\/div><\/div><\/div>\r\n        <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"71940\" 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=\"71940\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">Projects<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/israel-us-push-for-land-bridge-connecting-gcc-to-israels-ports\/\">\r\n                            Israel + US push for land bridge connecting GCC to Israel\u2019s ports                        <\/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\/07\/10\/israel-us-push-for-land-bridge-connecting-gcc-to-israels-ports\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n        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connecting GCC to Israel\u2019s ports&url=https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/israel-us-push-for-land-bridge-connecting-gcc-to-israels-ports\/\">\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\/07\/10\/israel-us-push-for-land-bridge-connecting-gcc-to-israels-ports\/&title=Israel + US push for land bridge connecting GCC to Israel\u2019s ports\">\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=Israel+%2B+US+push+for+land+bridge+connecting+GCC+to+Israel%E2%80%99s+ports+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F07%2F10%2Fisrael-us-push-for-land-bridge-connecting-gcc-to-israels-ports%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\/07\/10\/israel-us-push-for-land-bridge-connecting-gcc-to-israels-ports\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/303.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"71941\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/israel-us-push-for-land-bridge-connecting-gcc-to-israels-ports\/303-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/303.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"303.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/303.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/303.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-71940\" class=\"content-area-description single-story post-71940 post type-post status-publish format-standard has-post-thumbnail hentry category-projects tag-enterprise-logistics tag-israel tag-port tag-projects tag-zones wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/7\/.97b3bd29-af4d-4ed0-bcc9-ca581ec6f2bd.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\">Israel and the US are advancing plans for a land route linking the UAE to Israel via<\/span><span style=\"font-weight:700\"> Saudi Arabia and Jordan<\/span><span style=\"\">, <\/span><span style=\"\">according to Israeli online news outlet <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ynetnews.com\/article\/r1pmwvhtn\" style=\"\">Ynet<\/a><\/span><span style=\"font-weight:400;\">. The new land route \u2014 reportedly proposed by Israel and pitched to GCC countries by the US \u2014 aims to slash costs and transit times associated with moving goods from the UAE to Israel. <\/span><\/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 proposal: <\/span><span style=\"font-weight:400;\">Current plans are for the new highway to begin in the UAE, transit KSA and Jordan, and end at Israel\u2019s Mediterranean ports, Ynet said. Later expansions could see the route extended to Bahrain and Oman. The corridor will be based on existing road infrastructure, but will require some upgrades and additional constructions at certain points.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Why is a new route needed? <\/span><span style=\"font-weight:400;\">Although trucks leaving the UAE can access the Israeli port of Haifa via the Allenby Bridge, the current bureaucratic process is cumbersome, involving lengthy wait times, driver changes, and paperwork. The initiative looks to replace this procedure with a streamlined process that allows shipments to transit borders without changes to trucks or drivers, Ynet explained.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">This will also require legislative changes:<\/span><span style=\"font-weight:400;\"> Participating countries will have to agree on standardizations to trucks and truck drivers\u2019 licenses to ensure smooth passage of shipments at border crossings, Ynet 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 new route could slash transit times + costs: <\/span><span style=\"font-weight:400;\">The planned corridor targets freight moving from the East to Europe and could reduce shipping times by between two to three days, and slash costs by 20%, according to an Israeli foreign ministry and US government study cited by the report. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The caveat: <\/span><span style=\"\">Saudi Arabia and Israel have yet to establish diplomatic ties, despite Israel\u2019s efforts to thaw relations with Arab countries.<\/span><span style=\"font-weight:400;\">In spite of this, Ynet writes that the initiative could get off the ground even before Israel and KSA establish formal political ties, because of the benefits it offers to the countries involved.  <\/span><\/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 + Israel seem to be involved in several rounds of talks around new MENA and GCC trade routes: <\/span><span style=\"\">The US is also promoting plans for a railway connecting the GCC to Israel and Europe, but available infrastructure means that a trucking route can get off the ground sooner, Ynet reported, without disclosing details around the railway. Talk of another <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/4cd24062-6bad-4a8e-935a-96668dd56266\" style=\"\">planned railway corridor<\/a><\/span><span style=\"font-weight:400;\"> linking the Gulf and Arab countries in the Levant with India via seaports comes as part of an American initiative to rival China\u2019s ambitious Belt and Road Initiative (BRI) logistical mega project and to counteract China\u2019s growing regional influence. Israel\u2019s involvement comes as it looks to further normalize relations with countries in the region, reports have said. <\/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\/israel\/\">Israel<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/port\/\">port<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/projects\/\">PROJECTS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/zones\/\">ZONES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"71942\" 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=\"71942\">\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\">Zones<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/egypts-house-of-representatives-approves-two-projects-to-expand-east-port-said-port\/\">\r\n                            Egypt\u2019s House of Representatives approves two projects to expand East Port Said port                        <\/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\/07\/10\/egypts-house-of-representatives-approves-two-projects-to-expand-east-port-said-port\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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href=\"https:\/\/api.whatsapp.com\/send?text=Egypt%E2%80%99s+House+of+Representatives+approves+two+projects+to+expand+East+Port+Said+port+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F07%2F10%2Fegypts-house-of-representatives-approves-two-projects-to-expand-east-port-said-port%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\/07\/10\/egypts-house-of-representatives-approves-two-projects-to-expand-east-port-said-port\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-71942\" class=\"content-area-description single-story post-71942 post type-post status-publish format-standard hentry category-zones tag-enterprise-logistics tag-investment-watch tag-legislation-watch tag-port tag-zones wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/7\/.98486da1-e921-4f96-ba5d-27ff3f6500ce.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\u2019s House of Representatives yesterday gave its final approval to two bills aimed at expanding East Port Said port\u2019s capacity. <\/span><span style=\"\">The projects include a<\/span><span> USD 65 mn project to set up a new multi-purpose terminal at the port, as well as the USD 500 mn expansion of a container handling station, 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\/pfbid02qNF3LmCRmTLCiwPB2ZoRcAd9FXvKAVrET1GhFG9phET4dtcG855LP5hDPb9A19g4l\" style=\"\">statement<\/a><\/span><span>. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The first bill: <\/span><span style=\"\">The bill would allow the SCZone to hand a 30-year contract to Sky Logistics and Reliance Logistics to design, construct, manage, operate and maintain the terminal under a build-own-transfer framework, after Egyptian private investment outfit <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/sky-investments.com\/\" style=\"\">Sky Investments<\/a><\/span><span style=\"\"> and Reliance Logistics signed the contract back in <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/62ab9cb5-220a-4f30-b830-9c8b09134131\" style=\"\">2022<\/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\">About the terminal: <\/span><span style=\"\">The<\/span><span style=\"font-weight:400;\"> multipurpose terminal will be built at the western berth of SCZone\u2019s East Port Said Port. It will feature a 900 meter container berth, and include a 380k sqm cargo handling yard.<\/span><\/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 second bill: <\/span><span style=\"\">The second bill would allow <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.maersk.com\/\" style=\"\">AP Moller-Maersk\u2019s<\/a><\/span><span style=\"\"> Suez Canal Container Terminal (SCCT) to start work on the new container terminal at the port, which is expected to raise its capacity by 40% and cost USD 500 mn. The terminal, for which agreements were signed in <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/458ecb73-0cc1-4a59-8962-eacb4602b09d\" style=\"\">2022<\/a><\/span><span style=\"font-weight:400;\">, will make the terminal the largest in the East Mediterranean, with a total berth length of 3.3k meters, according to the statement.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">About the terminal:<\/span><span> The SCCT will build a 1k-meter container berth which will have an annual capacity of 2 mn TEU, raising the port\u2019s capacity from 5 mn currently to 7 mn, sources <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/7fbc6ab8-28c6-45ed-a13e-006f4c262c5c\" style=\"\">reported<\/a><\/span><span> earlier. The SCZone has already handed over the 1 km container berth to the East Port Said Port in June, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bit.ly\/3O6ZK1i\" style=\"\">Al Mal<\/a><\/span><span style=\"font-weight:400;\"> reported earlier, adding that the terminal should be operational by 1Q 2025.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">What\u2019s next?<\/span><span style=\"\"> The bills should now be heading to Egypt\u2019s President Abdel Fattah El Sisi to be ratified. <\/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\/investment-watch\/\">INVESTMENT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/legislation-watch\/\">Legislation Watch<\/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\/zones\/\">ZONES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"71944\" 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=\"71944\">\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\">Shipping + Maritime<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/ajex-and-kerry-logistics-italy-launch-new-multimodal-shipping-route-connecting-ksa-with-europe\/\">\r\n                            Ajex and Kerry Logistics Italy launch multimodal shipping line connecting KSA with Europe                        <\/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 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data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/234.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"234.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/234.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/234.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-71944\" class=\"content-area-description single-story post-71944 post type-post status-publish format-standard has-post-thumbnail hentry category-shipping-maritime tag-enterprise-logistics tag-europe tag-rail tag-saudi-arabia tag-shipping-maritime wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/7\/.ea599777-1d9f-46a0-b1b4-63e93091fde3.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\">KSA\u2019s <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.aj-ex.com\/\" style=\"\">Ajex Logistics Services<\/a><\/span><span style=\"font-weight:700\"> and<\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.kerrylogistics.com\/\" style=\"\">Kerry Logistics<\/a><\/span><span style=\"font-weight:700\"> Italy are launching<\/span><span style=\"font-weight:700\"> a new multimodal shipping service connecting Saudi Arabia with markets in Europe,<\/span><span style=\"\"> according to a company <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/AJEXMena\/posts\/pfbid0hJpi6rutFsyKNYLGtkbMGtHKqGQ6WVoUiHvrfxK64KxBwC8jNToqrMokgeWPhBNul\" style=\"\">statement<\/a><\/span><span style=\"font-weight:400;\">. The new line \u2014 dubbed Ajex-Kerry Ocean Express service \u2014 is designed specifically for B2B businesses looking to move cargoes from Europe to KSA, 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 new service will be the \u201cfastest sea freight connection from Europe to Saudi Arabia,\u201d<\/span><span>combining land, rail, and sea routes to reduce transit time to <\/span><span style=\"\">16-22 days, the statement said.<\/span><span> The shipping service will operate from<\/span><span> 30 European countries to Saudi Arabia, via Genoa, Italy to Jeddah Port, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.tradearabia.com\/news\/IND_411071.html\" style=\"\">Trade Arabia<\/a><\/span><span style=\"font-weight:400;\"> reports. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Offerings:<\/span><span style=\"font-weight:400;\"> Guarantees for delays and a \u201cdedicated customer service\u201d are added benefits that come with the new freight line, according to Ajex\u2019s statement. The new line also offers real-time quotations for shipping services<\/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\/europe\/\">Europe<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/rail\/\">RAIL<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/shipping-maritime\/\">SHIPPING + MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"71946\" 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=\"71946\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">Earnings Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/qatar-airways-reports-record-revenues-during-fy-2022-2023\/\">\r\n                            Qatar Airways reports record revenues during FY 2022\/2023                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/qatar-airways-reports-record-revenues-during-fy-2022-2023\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The fall in net income came despite the airline\u2019s revenues rising 45% y-o-y during the period to hit a record USD 21 bn, driven by strong demand on the back of the FIFA World Cup in 2022, according to the earnings release. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The breakdown: <\/span><span style=\"\">The group\u2019s passenger revenues saw a 100% increase over the past year, with capacity rising 31% on the back of a 9% greater yield and an 80% load factor \u2014 surpassing the airline\u2019s previous records. The total number of passengers carried climbed 71% y-o-y to 31.7 mn <\/span><span style=\"\">pass<\/span><span style=\"\">engers.<\/span><span style=\"\">Qatar Executive \u2014 the airline\u2019s VIP charter jet division \u2014 witnessed high <\/span><span style=\"\">y-o-y<\/span><span style=\"font-weight:400;\"> growth driven by a spike in commercial sales revenues and the expansion of live flying hours.  The earnings release did not provide a breakdown of revenues and net income for the airline\u2019s cargo division. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">What they said:<\/span><span>\u201cThis year\u2019s strong financial results are attributed to the strong passenger demand recovery and the team\u2019s ability to cater to this demand, aided by our continuing network growth, market leadership, and the operational efficiencies delivered by our world beating team,\u201d <\/span><span>Qatar Airways Group CEO Akbar Al Baker said.<\/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\/earnings-watch\/\">EARNINGS WATCH<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"71948\" 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=\"71948\">\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\/07\/10\/uae-south-korea-to-boost-trade-logistics-ties-plus-more-trade-cooperation-between-iraq-and-azerbaijan-iraq-and-spain-iran-and-belarus-and-egypt-and-greece\/\">\r\n                            UAE, South Korea to boost trade, logistics ties. PLUS: More trade cooperation between Iraq and Azerbaijan, Iraq and Spain, Iran and Belarus, and Egypt and Greece                        <\/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\/07\/10\/uae-south-korea-to-boost-trade-logistics-ties-plus-more-trade-cooperation-between-iraq-and-azerbaijan-iraq-and-spain-iran-and-belarus-and-egypt-and-greece\/\" 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\/07\/10\/uae-south-korea-to-boost-trade-logistics-ties-plus-more-trade-cooperation-between-iraq-and-azerbaijan-iraq-and-spain-iran-and-belarus-and-egypt-and-greece\/')\">\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\/07\/10\/uae-south-korea-to-boost-trade-logistics-ties-plus-more-trade-cooperation-between-iraq-and-azerbaijan-iraq-and-spain-iran-and-belarus-and-egypt-and-greece\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=UAE, South Korea to boost trade, logistics ties. PLUS: More trade cooperation between Iraq and Azerbaijan, Iraq and Spain, Iran and Belarus, and Egypt and Greece&url=https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/uae-south-korea-to-boost-trade-logistics-ties-plus-more-trade-cooperation-between-iraq-and-azerbaijan-iraq-and-spain-iran-and-belarus-and-egypt-and-greece\/\">\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\/07\/10\/uae-south-korea-to-boost-trade-logistics-ties-plus-more-trade-cooperation-between-iraq-and-azerbaijan-iraq-and-spain-iran-and-belarus-and-egypt-and-greece\/&title=UAE, South Korea to boost trade, logistics ties. PLUS: More trade cooperation between Iraq and Azerbaijan, Iraq and Spain, Iran and Belarus, and Egypt and Greece\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=UAE%2C+South+Korea+to+boost+trade%2C+logistics+ties.+PLUS%3A+More+trade+cooperation+between+Iraq+and+Azerbaijan%2C+Iraq+and+Spain%2C+Iran+and+Belarus%2C+and+Egypt+and+Greece+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F07%2F10%2Fuae-south-korea-to-boost-trade-logistics-ties-plus-more-trade-cooperation-between-iraq-and-azerbaijan-iraq-and-spain-iran-and-belarus-and-egypt-and-greece%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\/07\/10\/uae-south-korea-to-boost-trade-logistics-ties-plus-more-trade-cooperation-between-iraq-and-azerbaijan-iraq-and-spain-iran-and-belarus-and-egypt-and-greece\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-71948\" class=\"content-area-description single-story post-71948 post type-post status-publish format-standard hentry category-diplomacy tag-diplomacy tag-enterprise-logistics tag-south-korea tag-trade tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/7\/.7f5483fd-1ddf-40d3-8fb0-be98f8f4d0f7.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\">UAE + South Korea boost trade + logistics cooperation:<\/span><span style=\"\"> The UAE and South Korea <\/span><span style=\"\">agreed to enhance and broaden economic collaboration and bolster mutual investments in 11 sectors, including trade and logistics, during the eighth session of the <\/span><span>UAE-South Korea Joint Economic Committee, according<\/span><span style=\"\"> 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\/uae-and-south-korea-agree-to-expand-economic-cooperation-in-11-strategic-sectors-boost-economy-cbo3576g\" style=\"\">statement<\/a><\/span><span style=\"font-weight:400;\">. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">South Korea\u2019s been boosting its involvement across MENA: <\/span><span style=\"\">South Korea\u2019s Ministry of Land, Infrastructure, and Transport (MOLIT) signed two MoUs in <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/533dc703-3f71-402d-8275-8ce84316b59f\" style=\"\">May<\/a><\/span><span style=\"\">with Saudi Arabia to deepen cooperation on future mobility and roads. South Korean shipping giant <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.hmm21.com\/company.do\" style=\"\">HMM<\/a><\/span><span style=\"\"> also recently launched a new shipping line connecting the MENA region with <\/span><span>markets in the Far East, India and the Mediterranean regions. South Korea\u2019s Incheon Port Authority (IPA) also <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/dee8667c-d139-42ec-b999-1998ae23675b\" style=\"\">recently launched<\/a><\/span><span style=\"font-weight:400;\"> a regular container sea route connecting the port with Jebel Ali in the UAE, in the first direct shipping service connecting the port with the Middle East in five years.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Iraq and Azerbaijan discuss establishing an air route connecting Baku to <\/span><span style=\"font-weight:700\">Baghdad:<\/span><span style=\"\"> Iraq\u2019s foreign minister Fuad Hussein met with Azerbaijan\u2019s transport minister Rashad Nabiyev in Baku, Azerbaijan where the two discussed the importance of strengthening transport and aviation links, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ina.iq\/189020--.html\" style=\"\">INA<\/a><\/span><span style=\"font-weight:400;\"> reports. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">In addition to a Baku-Baghdad aerial route, both sides mulled the establishment of  a secondary route linking Erbil in Northern Iraq and Baku,<\/span><span style=\"font-weight:400;\"> INA said. Also on the agenda were efforts to streamline entry for Iraqi nationals wishing to visit Azerbaijan and plans for a visit by Nabiyev and Azerbaijani trade officials to Baghdad in October. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Iraq and Spain\u2019s transport ministers discussed lifting the European air embargo <\/span><span style=\"font-weight:700\">on Iraqi airlines<\/span><span style=\"\">, Iraqi News Agency (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ina.iq\/eng\/27454-iraq-and-spain-are-discussing-lifting-air-embargo-on-the-green-bird.html\" style=\"\">INA<\/a><\/span><span style=\"\">) <\/span><span style=\"font-weight:400;\">reports. The ministers explored avenues for cooperation, including the development of transportation infrastructure such as roads and the Grand Faw Port. They also addressed cooperation in maritime transport and 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: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\">Iranian Foreign Minister Hossein Amirabdollahian and his Belarusian counterpart <\/span><span style=\"font-weight:700\">Sergei Aleinik<\/span><span style=\"font-weight:700\"> discussed boosting economic and trade cooperation <\/span><span style=\"\">on Thursday, <\/span><span style=\"\">according to Iran\u2019s state-aligned <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.tasnimnews.com\/en\/news\/2023\/07\/07\/2922072\/iran-belarus-weigh-plans-to-boost-trade-exchanges\" style=\"\">Tasnim<\/a><\/span><span style=\"\"> news agency. The pair discussed <\/span><span style=\"\">building on agreements \u2014 covering trade, transport, and agriculture \u2014 inked by both countries <\/span><span style=\"\">during a visit<\/span><span style=\"\"> by Belarus\u2019 President Alexander Lukashenko to Iran <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"http:\/\/english.news.cn\/20230313\/0dc38fe6e31341a29aa86738ebff854a\/c.html\" style=\"\">in March<\/a><\/span><span style=\"font-weight:400;\">. They also debated putting in place a \u201croadmap\u201d for cooperation as well as measures to boost bilateral trade and collaborate on industrial projects, transportation, and transit. <\/span><\/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 <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.suezcanal.gov.eg\/Arabic\/Pages\/default.aspx\" style=\"\">Suez Canal Authority<\/a><\/span><span style=\"font-weight:700\"> (SCA) head Osama Rabie and Greece\u2019s Maritime <\/span><span style=\"font-weight:700\">Minister Miltiadis Varvitsiotis discussed strengthening cooperation <\/span><span style=\"\">and joint coordination between the two countries at the Arab-Hellenic Chamber of Commerce and Development conference, last week, according to an SCA <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/SuezCanalAuthorityEG\/posts\/pfbid02PD6XRJRJrYkiANvh9g9enjrxzcjfBCR5mFg5p7scjxgxBe6oUjF9RKrStD5pZszEl\" style=\"\">statement<\/a><\/span><span style=\"\">. <\/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\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/south-korea\/\">South Korea<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"71950\" 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=\"71950\">\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\">Moves<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/agility-chief-tarek-sultan-named-on-wtos-10-member-business-advisory-group\/\">\r\n                            Agility chief Tarek Sultan named on WTO\u2019s 10-member Business Advisory Group                        <\/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\/07\/10\/agility-chief-tarek-sultan-named-on-wtos-10-member-business-advisory-group\/\" 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\/07\/10\/agility-chief-tarek-sultan-named-on-wtos-10-member-business-advisory-group\/')\">\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\/07\/10\/agility-chief-tarek-sultan-named-on-wtos-10-member-business-advisory-group\/\">\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=Agility chief Tarek Sultan named on WTO\u2019s 10-member Business Advisory Group&url=https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/agility-chief-tarek-sultan-named-on-wtos-10-member-business-advisory-group\/\">\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\/07\/10\/agility-chief-tarek-sultan-named-on-wtos-10-member-business-advisory-group\/&title=Agility chief Tarek Sultan named on WTO\u2019s 10-member Business Advisory Group\">\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=Agility+chief+Tarek+Sultan+named+on+WTO%E2%80%99s+10-member+Business+Advisory+Group+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F07%2F10%2Fagility-chief-tarek-sultan-named-on-wtos-10-member-business-advisory-group%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\/07\/10\/agility-chief-tarek-sultan-named-on-wtos-10-member-business-advisory-group\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-71950\" class=\"content-area-description single-story post-71950 post type-post status-publish format-standard hentry category-moves tag-enterprise-logistics tag-moves 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\/7\/.141c0cff-dbfc-4654-9d04-506d93176e94.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">Kuwait-based <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.agility.com\/en\/\" style=\"\">Agility<\/a><\/span><span style=\"font-weight:700\">Vice Chairman Tarek Sultan<\/span><span style=\"\"> has been appointed, along with nine other business leaders, to a <\/span><span style=\"font-weight:700\">business advisory group<\/span><span style=\"\"> to share businesses\u2019 perspectives on trade and regulation with <\/span><span style=\"font-weight:700\">World Trade Organization<\/span><span style=\"\"> Head Ngozi Okonjo-Iweala,<\/span><span style=\"\"> according to a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/twitter.com\/Agility\/status\/1673307898267553796\" style=\"\">statement<\/a><\/span><span style=\"\">. The group will meet with Okonjo-Iweala several times a year to share perspectives and insights on developments in international trade as part of an informal platform that brings together key stakeholders, according to the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wto.org\/english\/news_e\/news23_e\/bus_15jun23_e.htm\" style=\"\">WTO<\/a><\/span><span style=\"font-weight:400;\">. <\/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\/moves\/\">MOVES<\/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=\"71952\" 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=\"71952\">\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\/07\/10\/opaz-slashes-fees-for-80-services-tunisia-switzerland-to-work-on-tunisias-intellectual-property-rights-legal-framework-plus-news-from-aramex-ad-ports-etihad-airways-bahri-asyad-and\/\">\r\n                            OPAZ slashes fees for 80+ services + Tunisia, Switzerland to work on Tunisia\u2019s intellectual property rights legal framework. PLUS: News from Aramex, AD Ports, Etihad Airways, Bahri, Asyad and Morocco                        <\/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\/07\/10\/opaz-slashes-fees-for-80-services-tunisia-switzerland-to-work-on-tunisias-intellectual-property-rights-legal-framework-plus-news-from-aramex-ad-ports-etihad-airways-bahri-asyad-and\/\" 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\/07\/10\/opaz-slashes-fees-for-80-services-tunisia-switzerland-to-work-on-tunisias-intellectual-property-rights-legal-framework-plus-news-from-aramex-ad-ports-etihad-airways-bahri-asyad-and\/')\">\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\/07\/10\/opaz-slashes-fees-for-80-services-tunisia-switzerland-to-work-on-tunisias-intellectual-property-rights-legal-framework-plus-news-from-aramex-ad-ports-etihad-airways-bahri-asyad-and\/\">\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=OPAZ slashes fees for 80+ services + Tunisia, Switzerland to work on Tunisia\u2019s intellectual property rights legal framework. PLUS: News from Aramex, AD Ports, Etihad Airways, Bahri, Asyad and Morocco&url=https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/opaz-slashes-fees-for-80-services-tunisia-switzerland-to-work-on-tunisias-intellectual-property-rights-legal-framework-plus-news-from-aramex-ad-ports-etihad-airways-bahri-asyad-and\/\">\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\/07\/10\/opaz-slashes-fees-for-80-services-tunisia-switzerland-to-work-on-tunisias-intellectual-property-rights-legal-framework-plus-news-from-aramex-ad-ports-etihad-airways-bahri-asyad-and\/&title=OPAZ slashes fees for 80+ services + Tunisia, Switzerland to work on Tunisia\u2019s intellectual property rights legal framework. 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These include a 50% reduction in charges for SMEs as well as reductions to fees for the commercial register, the registration of contracts, licenses and permits, investor work permits, environmental permits, urban planning services, and more. The step looks to bolster national efforts to diversify the economy and maximize the role that SMEs play in supporting the economy, creating jobs, and promoting innovation, the statement said.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">TRADE- <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Tunisia and Switzerland have inked a grant agreement to bolster cooperation on <\/span><span style=\"font-weight:700\">intellectual property rights<\/span><span>, according to Tunisia\u2019s state news agency <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.tap.info.tn\/en\/Portal-Economy\/16435066-tunisia\" style=\"\">Tunis Afrique Presse (TAP)<\/a><\/span><span style=\"font-weight:400;\">. The grant will fund the Tunisian-Swiss Intellectual Property Cooperation Project (TUSIP), according to the report by TAP, which did not disclose the value of the grant. The understanding seeks to lay the groundwork for a joint legal framework on intellectual property rights and aims to boost Tunisia\u2019s exports and trade and promote investments in the country. The agreement also looks to provide effective protection for the intellectual property rights of project promoters and exporters active in Tunisia.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">FREIGHT-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The<\/span><span style=\"font-weight:700\">UAE\u2019s <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.aramex.com\/my\/en\" style=\"\">Aramex<\/a><\/span><span style=\"font-weight:700\">and Malaysia\u2019s <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.gsa.com.my\/\" style=\"\">Global Syst\u00e9mes Asia<\/a><\/span><span style=\"font-weight:700\"> (GSA) <\/span><span style=\"font-weight:700\">have inked an <\/span><span style=\"font-weight:700\">agreement to cooperate on logistics in the Asia Pacific<\/span><span>, according to a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.globenewswire.com\/news-release\/2023\/06\/30\/2697547\/0\/en\/Aramex-Malaysia-and-Global-Syst%C3%A9mes-Asia-sign-an-MoU-to-accelerate-logistics-expansion-in-Asia-Pacific.html\" style=\"\">press release<\/a><\/span><span style=\"font-weight:400;\">. The agreement paves the way for logistics provider Aramex to enhance cross border movement for its products and services by leveraging GSA\u2019s industry and market experience in the region, Aramex South Asia VP Samer Hajjar stated. Solutions provider GSA will leverage Aramex\u2019s expertise and solutions to expand its aviation maintenance, repair, and overhaul services in the Middle East and Asia Pacific. GSA will also employ Aramex\u2019s technology, warehouse expansion plans, and value added services, according to the press release.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">COLD CHAIN-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">AD Ports\u2019 logistics subsidiary to deliver Acina meds to MENA + provide freight forwarding services: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.adportsgroup.com\/\" style=\"\">AD Ports Group<\/a><\/span><span>subsidiary<\/span><span> AD Ports Logistics (ADPL) will provide Swiss pharma firm <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/acino.swiss\/\" style=\"\">Acino<\/a><\/span><span> with global freight forwarding services, including sea and air transport of its meds to the MENA region, according to a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.adportsgroup.com\/en\/news-and-media\/2023\/07\/06\/ad-ports-logistics-and-acino-sign-a-global-pharma-freight-forwarding-agreement\" style=\"\">press release<\/a><\/span><span>.<\/span><span style=\"font-weight:400;\"> ADPL will use its end-to-end pharma cold chain capabilities to transport Acino medications to the MENA region. The agreement covers first-mile transport, seaport and airport loading, customs clearance, and final-mile logistics, according to the statement. The partnership will \u201cenhance the speed and efficiency of delivering vital medications to the MENA region and beyond,\u201d Acino Chief Operations Officer Mario Ricard 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;\">AVIATION-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">MBZUAI and Etihad Airways form partnership to research AI\u2019s potential in <\/span><span style=\"font-weight:700\">aviation: <\/span><span>The Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) and Etihad Airways inked an MoU to work together on projects and research related to the integration of AI in the aviation sector, Emirati news agency <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/wam.ae\/en\/details\/1395303174522\" style=\"\">WAM<\/a><\/span><span>reports<\/span><span>. The agreement includes joint training programs, potential research ventures, seminars, workshops, and conferences focused on AI in aviation. Etihad Airways is particularly interested in leveraging AI for long-term planning such as customer service, flight planning, workforce and fleet management, and security, said Mohamed Hasan Al Mansoori, vice president of <\/span><span>Emiratization<\/span><span style=\"font-weight:400;\"> strategy and government relations at Etihad Airways. <\/span><\/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=\"\">KSA\u2019s <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.bahri.sa\/\" style=\"\">Bahri<\/a><\/span><span style=\"font-weight:700\"> Dry Bulk<\/span><span style=\"\">has <\/span><span style=\"font-weight:700\">added<\/span><span style=\"\"> a new<\/span><span style=\"font-weight:700\"> 64k dwt ton dry bulk carrier<\/span><span style=\"\">, dubbed <\/span><span style=\"font-weight:700\">Munira<\/span><span>, to its fleet, to help \u201censure stable supply chains for fertilizers and basic grains in Saudi Arabia.\u201d (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.linkedin.com\/posts\/bahri_bahri-vision2030-activity-7082687032178749441-HQb0?utm_source=share&utm_medium=member_desktop\" style=\"\">Statement<\/a><\/span><span style=\"font-weight:400;\">)<\/span><\/li>\n<li><span style=\"\">The Public Authority for Special Economic Zones and Free Zones (<\/span><span style=\"font-weight:700\">OPAZ<\/span><span style=\"\">) <\/span><span style=\"font-weight:700\">extended<\/span><span> Oman\u2019s<\/span><span> state-owned logistics fi<\/span><span>rm <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;font-weight:700;\"><a href=\"https:\/\/www.asyad.om\/\" style=\"\">Asyad<\/a><\/span><span>\u2019s <\/span><span style=\"font-weight:700\">concession agreement<\/span><span> for the <\/span><span style=\"font-weight:700\">freezone<\/span><span> established in <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.omanobserver.om\/article\/1115519\/oman\/his-majesty\/three-new-free-zones-established\" style=\"\">2022<\/a><\/span><span> at Muscat International Airport (MCT) for a renewable period of 50 years. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/opaz.gov.om\/en\/media-center\/news\/2023\/opaz-board-of-directors-values-the-royal-decree-establishing-khazaen-economic-city-1\" style=\"\">Statement<\/a><\/span><span style=\"font-weight:400;\">)<\/span><\/li>\n<li><span style=\"\">Oman\u2019s state-owned <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.asyad.om\/\" style=\"\">Asyad Group<\/a><\/span><span style=\"\"> and <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.siemens.com\/mea\/en.html\" style=\"\">Siemens Middle East<\/a><\/span><span style=\"\"> inked a <\/span><span style=\"font-weight:700\">cooperation agreement<\/span><span> covering various aspects of <\/span><span style=\"font-weight:700\">trade and logistics<\/span><span>, including commercial activities, sustainability, and digitalization. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.linkedin.com\/feed\/update\/urn:li:activity:7083060362312335361\/\" style=\"\">Statement<\/a><\/span><span style=\"font-weight:400;\">) <\/span><\/li>\n<li><span style=\"font-weight:700\">Morocco<\/span><span style=\"\"> was<\/span><span style=\"font-weight:700\"> elected<\/span><span style=\"\"> to th<\/span><span style=\"font-weight:700\">e UN\u2019s Food and Agriculture Organization (FAO) <\/span><span style=\"font-weight:700\">executive board <\/span><span>for a three-year period, in recognition of its \u201cexpertise in food security\u201d and active role in the UN. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.mapnews.ma\/en\/actualites\/world\/morocco-elected-fao-executive-board\" style=\"\">MAP<\/a><\/span><span style=\"font-weight:400;\">) <\/span><\/li>\n<li><span style=\"\">Oman\u2019s state-owned logistics provider <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.asyad.om\/\" style=\"\">Asyad Group<\/a><\/span><span style=\"\"> has inked a <\/span><span style=\"font-weight:700\">partnership<\/span><span>agreement with UK parcel delivery giant <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;font-weight:700;\"><a href=\"https:\/\/www.evri.com\/\" style=\"\">Evri<\/a><\/span><span>that will see both sides work to <\/span><span style=\"font-weight:700\">attract e-commerce players<\/span><span> and <\/span><span style=\"font-weight:700\">FDI <\/span><span>to Oman. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.linkedin.com\/posts\/asyadgroup_asyadgroup-oman-fdi-activity-7082719540547137536-U2Sr?utm_source=share&utm_medium=member_desktop\" style=\"\">Statement<\/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\/ad-ports\/\">AD Ports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aramex\/\">Aramex<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/morocco\/\">Morocco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/shipping-maritime\/\">SHIPPING + MARITIME<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/zone\/\">zone<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"71954\" 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=\"71954\">\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\/07\/10\/indias-central-bank-drafts-measures-to-make-the-inr-a-global-currency-plus-bp-invests-in-methanol-airbus-deliveries-rise-and-lufthansa-cargo-to-receive-fire-proof-containers\/\">\r\n                            India\u2019s central bank drafts measures to make the INR a global currency. PLUS: BP invests in methanol, Airbus deliveries rise, and Lufthansa Cargo to receive fire-proof containers                        <\/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\/07\/10\/indias-central-bank-drafts-measures-to-make-the-inr-a-global-currency-plus-bp-invests-in-methanol-airbus-deliveries-rise-and-lufthansa-cargo-to-receive-fire-proof-containers\/\" 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\/07\/10\/indias-central-bank-drafts-measures-to-make-the-inr-a-global-currency-plus-bp-invests-in-methanol-airbus-deliveries-rise-and-lufthansa-cargo-to-receive-fire-proof-containers\/')\">\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\/07\/10\/indias-central-bank-drafts-measures-to-make-the-inr-a-global-currency-plus-bp-invests-in-methanol-airbus-deliveries-rise-and-lufthansa-cargo-to-receive-fire-proof-containers\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=India\u2019s central bank drafts measures to make the INR a global currency. PLUS: BP invests in methanol, Airbus deliveries rise, and Lufthansa Cargo to receive fire-proof containers&url=https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/indias-central-bank-drafts-measures-to-make-the-inr-a-global-currency-plus-bp-invests-in-methanol-airbus-deliveries-rise-and-lufthansa-cargo-to-receive-fire-proof-containers\/\">\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\/07\/10\/indias-central-bank-drafts-measures-to-make-the-inr-a-global-currency-plus-bp-invests-in-methanol-airbus-deliveries-rise-and-lufthansa-cargo-to-receive-fire-proof-containers\/&title=India\u2019s central bank drafts measures to make the INR a global currency. PLUS: BP invests in methanol, Airbus deliveries rise, and Lufthansa Cargo to receive fire-proof containers\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=India%E2%80%99s+central+bank+drafts+measures+to+make+the+INR+a+global+currency.+PLUS%3A+BP+invests+in+methanol%2C+Airbus+deliveries+rise%2C+and+Lufthansa+Cargo+to+receive+fire-proof+containers+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F07%2F10%2Findias-central-bank-drafts-measures-to-make-the-inr-a-global-currency-plus-bp-invests-in-methanol-airbus-deliveries-rise-and-lufthansa-cargo-to-receive-fire-proof-containers%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\/07\/10\/indias-central-bank-drafts-measures-to-make-the-inr-a-global-currency-plus-bp-invests-in-methanol-airbus-deliveries-rise-and-lufthansa-cargo-to-receive-fire-proof-containers\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/327.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"71955\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/indias-central-bank-drafts-measures-to-make-the-inr-a-global-currency-plus-bp-invests-in-methanol-airbus-deliveries-rise-and-lufthansa-cargo-to-receive-fire-proof-containers\/327-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/327.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"327.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/327.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/327.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-71954\" class=\"content-area-description single-story post-71954 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-enterprise-logistics tag-methanol tag-shipping tag-startup 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\/7\/.5b83e09c-16f3-4b25-8195-841aac70daa0.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\">India\u2019s central bank is drafting measures to make the INR a \u201cglobal currency,\u201d<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/world\/india\/indias-cenbank-working-group-proposes-steps-broaden-rupees-global-reach-2023-07-05\/\" style=\"\">Reuters<\/a><\/span><span> reports<\/span><span>. The Reserve Bank of India\u2019s Inter-Departmental Group (IDG) recommended the opening of INR-denominated accounts for Indian nationals residing abroad, more integration between payment systems in India and those abroad, and allowing<\/span><span> the INR to be an additional settlement currency in multilateral mechanisms like the Asian Clearing Union. <\/span><span>\u201cThe measures for promoting internationalization of the INR would involve steps towards parallelly liberalizing the capital account,<\/span><span> promoting international usage of the INR and strengthening financial markets,\u201d Reuters quotes the IDG as saying. Changes will likely roll out over a two- to five-year timeframe, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/wam.ae\/en\/details\/1395303175422\" style=\"\">WAM<\/a><\/span><span style=\"font-weight:400;\"> reported. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight: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\">BP is investing USD 10 mn into biofuel startup <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.wastefuel.com\/\" style=\"\">WasteFuel<\/a><\/span><span style=\"font-weight:700\"> to help produce cleaner <\/span><span style=\"font-weight:700\">fuels for shipping<\/span><span>, according to a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bp.com\/en_us\/united-states\/home\/news\/press-releases\/bp-expands-investment-in-bioenergy-collaborating-with-us-biofuels-developer-wastefuel.html\" style=\"\">press release<\/a><\/span><span style=\"font-weight:400;\">. The investment, managed by BP\u2019s venture capital arm BP Ventures, will fund the startup\u2019s efforts to convert municipal and agricultural refuse into biomethanol fuels to power ships. It also allows the startup to advance its plans to develop its first waste-to-bio-methanol plant in the 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\">This is part of wider plans for BP to decarbonize transport:<\/span><span style=\"font-weight:400;\"> \u201cBP is in action to produce more biofuels, aiming to deliver around 100k barrels-per-day by 2030, to help decarbonize transport,\u201d BP\u2019s vice president of next generation biofuels Philipp Schoelzel 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\">SOUND SMART- <\/span><span>Methanol is a favorite for replacing oil-derived marine fuels and can result in substantial cutbacks to emissions. <\/span><span>The fuel has so far attracted major investments from shipping giants <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/8eb9e80d-3762-4c08-9ca2-2cb945a17daa\" style=\"\">AP Moller-Maersk<\/a><\/span><span> and <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.linkedin.com\/posts\/cma-cgm_decarbonization-methanol-lng-activity-6938741105152688128-EDjS\/?utm_source=linkedin_share&utm_medium=member_desktop_web\" style=\"\">CMA CGM<\/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;\">ALSO WORTH KNOWING-<\/span><\/p>\n<ul>\n<li><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.airbus.com\/en\" style=\"\">Airbus<\/a><\/span><span style=\"font-weight:700\"> deliveries increased<\/span><span style=\"font-weight:700\">6% y-o-y<\/span><span style=\"\"> to <\/span><span style=\"font-weight:700\">316 aircraft<\/span><span style=\"font-weight:700\">in 1H 2023<\/span><span style=\"\">, up from 297 <\/span><span>a year prior. The aerospace designer and manufacturer is targeting 720 aircraft deliveries for the year. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/business\/aerospace-defense\/airbus-delivered-316-jets-first-half-sources-2023-07-06\/\" style=\"\">Reuters<\/a><\/span><span style=\"font-weight:400;\">)<\/span><\/li>\n<li><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/lufthansa-cargo.com\/\" style=\"\">Lufthansa Cargo<\/a><\/span><span style=\"\"> will be the first to receive <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.jettainer.com\/\" style=\"\">Jettainer<\/a><\/span><span style=\"\">\u2019s fire-resistant<\/span><span style=\"font-weight:700\">Unit Load Device<\/span><span> (ULDs) containers, which can <\/span><span style=\"font-weight:700\">contain a fire<\/span><span> for up to <\/span><span style=\"font-weight:700\">six hours<\/span><span>. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.jettainer.com\/get-in-touch\/news\/details\/certified-fireproof-amx-by-satco\" style=\"\">Press release<\/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\/around-the-world\/\">AROUND THE WORLD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/methanol\/\">methanol<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/shipping\/\">shipping<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/startup\/\">startup<\/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=\"71956\" 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\/07\/10\/71956\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-71956\" class=\"content-area-description single-story post-71956 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;\">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;\">11 July (Tuesday): Deadline for bidding for the consultancy tender for detailed design, study, and preparation of documents for Kuwait's Railway Project. <\/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>17-28 (Monday-Friday): The <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.spa.gov.sa\/w1933296\" style=\"\">fourth round of negotiations<\/a><\/span><span> between the GCC and the UK for a trade Agreement<\/span><span style=\"font-weight:400;\"> will take place in London. <\/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>28 August (Monday): Registration for <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/emirates-post-group-launches-logistics-unleashed-to-promote-robotic-advancements-within-the-logistics-industry-tesaybp8\" style=\"\">Emirates Postal Group\u2019s Logistics Unleashed competition<\/a><\/span><span style=\"font-weight:400;\"> concludes.<\/span><\/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;\">, Crowne Plaza Al Waha, 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>September-November: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/emirates-post-group-launches-logistics-unleashed-to-promote-robotic-advancements-within-the-logistics-industry-tesaybp8\" style=\"\">Emirates Postal Group\u2019s \u201cLogistics Unleashed\u201d competition<\/a><\/span><span style=\"font-weight:400;\">, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">OCTOBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>3-4 October (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iata.org\/en\/events\/all\/world-sustainability-symposium\/\" style=\"\">IATA World Sustainability Symposium<\/a><\/span><span style=\"font-weight:400;\">, Madrid, Spain. <\/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>10-12 October (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/aemobforum.com\/\" style=\"\">Autonomous E-mobility Forum<\/a><\/span><span style=\"font-weight:400;\">, Doha, Qatar.<\/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>September-November: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/emirates-post-group-launches-logistics-unleashed-to-promote-robotic-advancements-within-the-logistics-industry-tesaybp8\" style=\"\">Emirates Postal Group\u2019s \u201cLogistics Unleashed\u201d competition<\/a><\/span><span style=\"font-weight:400;\">, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">NOVEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>1 November (Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/smartmaritimenetwork.com\/dubai-conference-2022\/\" style=\"\">Smart Maritime Network Dubai Conference<\/a><\/span><span style=\"font-weight:400;\">, Conrad Dubai, UAE. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>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>September-November: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/emirates-post-group-launches-logistics-unleashed-to-promote-robotic-advancements-within-the-logistics-industry-tesaybp8\" style=\"\">Emirates Postal Group\u2019s \u201cLogistics Unleashed\u201d competition<\/a><\/span><span style=\"font-weight:400;\">, 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;\">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:400;\">1H 2024: Work is scheduled to begin on the 162 km Rasht-Astara railway in Iran. <\/span><\/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 style=\"font-weight:400;\">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;\">2024<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bahraininternationalairshow.com\/\" style=\"\">The Bahrain International Airshow<\/a><\/span><span style=\"font-weight:400;\"> will kick off to mark a decade of success <\/span><\/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":71936,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-71935","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"419b8ec1-136b-4f86-900d-4d3a77293570","teaser":"","photo_url":"https:\/\/ent.news\/2021\/9\/1437.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>New UAE-Israel trade route? - Logistics<\/title>\n<meta name=\"robots\" content=\"index, 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