{"id":72712,"date":"2023-08-10T01:15:00","date_gmt":"2023-08-10T01:15:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=72712"},"modified":"2025-12-15T13:06:05","modified_gmt":"2025-12-15T13:06:05","slug":"how-climate-change-is-rerouting-global-trade-flows","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/how-climate-change-is-rerouting-global-trade-flows\/","title":{"rendered":"How climate change is rerouting global trade flows"},"content":{"rendered":"<section id=\"72714\" 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=\"72714\">\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\/08\/10\/today-iran-lobbies-for-brics-membership-ukraine-looks-for-workaround-for-grain-exports-amid-black-sea-blockade\/\">\r\n                            TODAY: Iran lobbies for BRICS membership + Ukraine looks for workaround for grain exports amid Black Sea blockade                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/481.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"72715\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/08\/10\/today-iran-lobbies-for-brics-membership-ukraine-looks-for-workaround-for-grain-exports-amid-black-sea-blockade\/481-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/481.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"481.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/481.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/481.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-72714\" class=\"content-area-description single-story post-72714 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-commodities tag-enterprise-logistics tag-iran tag-trade tag-ukraine tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/8\/.c51dd5c5-ebdd-4b30-ab8e-ffd91129590e.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Good morning, friends. <\/strong>The busy newsflow of the past week seemed to slow to a crawl, with just a few updates coming out of the UAE and Iran. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> ALSO- We have a meaty explainer for you on a topic that is relevant now more than ever <\/strong>, as multiple trade routes across the world continue to experience disruptions due to climate change. In this first part of a two-part explainer, we dive into how climate change is affecting trade and what locations are the most vulnerable right now. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> THE BIG LOGISTICS STORY- Iran is working to connect its Sarakhs Economic Zone in <\/strong><strong> the northeast of the country to another freezone and border area in the western region <\/strong>of the country. Meanwhile, Dubai\u2019s Aramex saw its bottomline fall 57% in 2Q 2023 on the back of market headwinds. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> HAPPENING TODAY- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> [wwtt1] <strong> Iran lobbies for BRICS membership: <\/strong>Iran\u2019s existing cooperation with China and India on logistical projects has already strengthened transport links between the two countries, and it can do the same with countries like Brazil and South Africa, semi-official <a target=\"_blank\" href=\"https:\/\/en.mehrnews.com\/news\/204342\/Iran-s-membership-to-come-with-huge-benefits-for-BRICS\" style=\"\" rel=\"noopener\">Mehr news agency<\/a> quotes Iranian Foreign Minister Hossein Amir Abdollahian as saying during a conference. Iran \u2014 as a surplus energy producer \u2014 will also bolster BRICS\u2019 economic standing, Abdollahian is quoted as saying.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Background: <\/strong>Iran formally <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/iran-applies-join-brics-group-emerging-countries-2022-06-27\/\" style=\"\" rel=\"noopener\">applied<\/a> to join BRICS last year in hopes of leveraging new trade potential after decades of Western sanctions left its economy crippled. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\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\"> <a id=\"wwtt2\"><\/a> <strong> Ukrain <\/strong><strong> e to boost exports with new transshipment strategy: <\/strong>The Ukrainian government is implementing a new scheme for its grain exports that allows it to expand boundaries of one of the country\u2019s ports on the Danube to allow for transshipments, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/uspa.gov.ua\/posts\/pfbid02xQvc52HJzBR6q1bsVftPtkZtWVYYttWTbrdughPLSxaGMuyLVRA2qWUQiEoDHXthl\" style=\"\" rel=\"noopener\">statement<\/a>. \u201cThe document was supplemented with new geographical coordinates for the location of anchorages near the mouth of the Bystre, to organize roadside transshipment of grain cargo from the sea ports of Ust-Dunaisk and Izmail to Panamax vessels,\u201d the country\u2019s ports authority said. This should enable transshipping cargo from one vessel to another while vessels are anchored, rather than just at the port\u2019s berth.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> The context: <\/strong> Ukraine, a major grain producer, is expected to cultivate some 55 mn metric tons in 2023, of which it will consume only 17 mn tons, increasing the need for export avenues, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/article\/ukraine-crisis-grain-danube\/ukraine-looks-to-boost-exports-via-new-scheme-near-mouth-of-danube-idUSKBN2ZJ16R\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. Ukraine has been facing major obstacles to exporting its grain, with <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/01a22397-9524-4c48-9bd4-4d75db2a79c1\" style=\"\" rel=\"noopener\">Russia blockading<\/a> the country\u2019s major sea ports, mostly limiting export avenues to smaller river ports on the Danube. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt3\"><\/a> <strong> An alternative to the Panama Canal? <\/strong>Canadian Pacific Kansas City (CPKC) is offering a lifeline for shippers looking to transport cargo from the Pacific to the US east coast, providing an alternative route to the currently backlogged Panama Canal, <a target=\"_blank\" href=\"https:\/\/www.seatrade-maritime.com\/containers\/cpkc-offering-panama-canal-rail-alternative-lazaro-cardenas-us\" style=\"\" rel=\"noopener\">Seatrade Maritime<\/a> reports. The company, which was created from a merger between Canadian Pacific and Kansas City Southern, connects Canada, the US, and Mexico through a single-line railway. \u201cWe're able to offer this solution where a shipper can avoid maybe having their cargo taken off the vessel, or restricted in cargo weight [while transiting the Panama Canal],\u201d said Corey Heinz, managing director of sales at CPKC. Shippers can load their cargo onto an Asia-bound vessel that reaches Mexico\u2019s Lazaro Cardenas, unload there, and then transport by rail to access the markets of Houston, Dallas, Kansas City, and Chicago, he explains. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> ICYMI- <\/strong>The Panama Canal\u2019s administrator expects a USD 200 mn <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/743e6e3b-42d9-4b9b-bf8f-09175c9a6b03\" style=\"\" rel=\"noopener\">revenue decline<\/a> in the 2023-24 fiscal year after a drought forced the canal to adopt water-saving measures that have slowed down shipping in the waterway. Daily transit capacity has been reduced to an <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/d3d9b8e5-f4e3-4dfd-9975-8ddb1795ecd6\" style=\"\" rel=\"noopener\">average of 32 vessels<\/a> starting 30 July, causing a projected 16% decline in cargo ship transits. <\/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 target=\"_blank\" href=\"logistics\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">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\"><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\"><strong> CIRCLE YOUR CALENDAR- <\/strong><strong> The Enterprise Finance Forum is taking place on 18-19 <\/strong><strong> September at the St. Regis Hotel in Cairo. <\/strong> 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. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/finance.enterprise.news\/\" style=\"\" rel=\"noopener\">TAP OR CLICK HERE<\/a><\/strong> if you want to express interest in attending. We\u2019ll be sending out the first batch of invitations soon. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Do you want to become a commercial partner? <\/strong> Ping a note to <a target=\"_blank\" href=\"mailto:mtaalab@inktankir.com\" style=\"\" rel=\"noopener\">Moustafa Taalab, our head of commercial<\/a>, or fill out <a target=\"_blank\" href=\"https:\/\/finance.enterprise.news\/sponsor.html\" style=\"\" rel=\"noopener\">this form<\/a> and we\u2019ll be in touch.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/enterprise.press\/am-edition\/#calendar\" style=\"\" rel=\"noopener\">Check out our full calendar on the web<\/a><\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> LISTEN TO OUR PODCAST- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> MISSED THE ENTERPRISE EXPORTS AND FDI FORUM? <\/strong><strong><a target=\"_blank\" href=\"https:\/\/podcasts.apple.com\/eg\/podcast\/the-enterprise-podcast\/id1617987136\" style=\"\" rel=\"noopener\">The Enterprise<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/podcasts.apple.com\/eg\/podcast\/the-enterprise-podcast\/id1617987136\" style=\"\" rel=\"noopener\">Podcast has you covered<\/a><\/strong><strong> : <\/strong> The Enterprise Podcast\u2019s forum series has been bringing you audio recordings of what was said on stage at the Enterprise Exports and FDI Forum,which took place in May. Throughout, we learned lessons from some of Egypt\u2019s biggest exporters on how Egypt can export its way out of a crisis. We heard everything from how to build an exports and FDI strategy, to identifying a foreign partner and tapping into a global supply chain. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> WANT TO LISTEN? Head to: <\/strong><a target=\"_blank\" href=\"https:\/\/podcasts.apple.com\/eg\/podcast\/preparing-for-an-uncertain-future-how-industry\/id1617987136?i=1000623562834\" style=\"\" rel=\"noopener\">Apple Podcasts<\/a> | <a target=\"_blank\" href=\"https:\/\/open.spotify.com\/episode\/08Q39TlInw6e0VE26qMmC9\" style=\"\" rel=\"noopener\">Spotify<\/a> | <a target=\"_blank\" href=\"https:\/\/bit.ly\/3YqJtYX\" style=\"\" rel=\"noopener\">Google Podcasts<\/a> | <a target=\"_blank\" href=\"https:\/\/play.anghami.com\/episode\/1120540830\" style=\"\" rel=\"noopener\">Anghami<\/a> | <a target=\"_blank\" href=\"https:\/\/omny.fm\/shows\/the-enterprise-podcast\/preparing-for-an-uncertain-future-how-industry-lea\" style=\"\" rel=\"noopener\">Omny<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> IT\u2019S THE FINAL EPISODE- <\/strong>Our final panel of the day was, naturally, the most forward looking. Our panelists discussed how the companies \u2014 be they in age-old industries or emerging ones \u2014 have adapted to changes to better position their businesses for an uncertain future. We were joined by <strong> Nadia El Tawil, <\/strong> investment officer at pan-African private equity firm AfricInvest, <strong> Mostafa Bedair <\/strong>, CEO of Giza Seeds and Herbs, and <strong> Abdallah Sallam, <\/strong>CEO of Madinet Masr. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> OUR FORUM SERIES CONTINUES NEXT SUNDAY WITH THE ENTERPRISE CLIMATE <\/strong><strong> FORUM- <\/strong>Fresh off the heels of a successful COP27, we held our first forum to dive deep into the fundamentals of what we think is the world\u2019s most important industry. The conversations ranged from exploring the business opportunities for Egyptian entrepreneurs, companies and startups in climate, to demystifying green hydrogen, and how we finance our green transition. And we did it all in the Grand Egyptian Museum. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Check out our full calendar <\/strong> at the bottom of this email for a comprehensive listing of upcoming news events and news triggers.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/commodities\/\">commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/iran\/\">Iran<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span 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         \n<article id=\"post-72717\" class=\"content-area-description single-story post-72717 post type-post status-publish format-standard hentry category-zones tag-enterprise-logistics tag-iran tag-transport 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\/8\/.234a2bf5-e954-43c2-8614-31fb4b068975.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong> Iran\u2019s Sarakhs Special Economic Zone will be connected to Bazargan Customs <\/strong><strong> and <\/strong><strong><a target=\"_blank\" href=\"https:\/\/makufz.ir\/\" style=\"\" rel=\"noopener\">Maku<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/makufz.ir\/\" style=\"\" rel=\"noopener\">Freezone<\/a><\/strong>, as part of the East-to-West Transport Corridor, CEO of Maku Freezone Hossein Garousi is quoted as saying by state-aligned <a target=\"_blank\" href=\"https:\/\/www.tasnimnews.com\/en\/news\/2023\/08\/08\/2937720\/sarakhs-special-economic-zone-to-be-connected-to-maku-official\" style=\"\" rel=\"noopener\">Tasnim News Agency<\/a>. The freezone received <a target=\"_blank\" href=\"https:\/\/khsez.com\/en\/the-bill-to-establish-sarkhes-commercial-industrial-free-zone-was-approved\/\" style=\"\" rel=\"noopener\">parliament approval<\/a> last week, according to a Sarakhs Zone <a target=\"_blank\" href=\"https:\/\/khsez.com\/en\/the-bill-to-establish-sarkhes-commercial-industrial-free-zone-was-approved\/\" style=\"\" rel=\"noopener\">statement<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Background: <\/strong> The bill approved the establishment of the freezone in the Khorasan-Razavi province, with the masterplan set to be ready within a year and half, the statement said. The zone will help boost trade between Iran and Turkmenistan, the statement added. It will also be developed in tandem with an airport and road-rail network, Garousi added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> About the two freezones: <\/strong>The <a target=\"_blank\" href=\"https:\/\/khsez.com\/en\/\" style=\"\" rel=\"noopener\">Sarakhs Special Economic zone<\/a>, located on the border of Turkmenistan, is connected to the Mashhad-Sarakhs-Tajn railway \u2014 a vital artery connecting several countries in Asia, and connecting Central Russia and China to open waters. The zone comprises transit roads, warehouses, and an industrial park, according to its website. Meanwhile, Bazargan Customs is a transit corridor between Iran and Asia and Europe, and is part of the Maku freezone, situated in Northwest Iran on the border, according to <a target=\"_blank\" href=\"https:\/\/en.irna.ir\/news\/84525005\/Bazargan-Border-point-linking-domestic-int-l-trades\" style=\"\" rel=\"noopener\">IRNA<\/a>. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/iran\/\">Iran<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/transport\/\">transport<\/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=\"72719\" 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=\"72719\">\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\">Earnings Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/08\/10\/aramex-sees-net-income-fall-57-y-o-y-in-the-face-of-economic-headwinds\/\">\r\n                            Aramex sees net income fall 57% y-o-y in the face of economic headwinds                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/08\/10\/aramex-sees-net-income-fall-57-y-o-y-in-the-face-of-economic-headwinds\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/logistics\/2023\/08\/10\/aramex-sees-net-income-fall-57-y-o-y-in-the-face-of-economic-headwinds\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/logistics\/2023\/08\/10\/aramex-sees-net-income-fall-57-y-o-y-in-the-face-of-economic-headwinds\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Aramex sees net income fall 57% y-o-y in the face of economic headwinds&url=https:\/\/enterpriseam.com\/logistics\/2023\/08\/10\/aramex-sees-net-income-fall-57-y-o-y-in-the-face-of-economic-headwinds\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/logistics\/2023\/08\/10\/aramex-sees-net-income-fall-57-y-o-y-in-the-face-of-economic-headwinds\/&title=Aramex sees net income fall 57% y-o-y in the face of economic headwinds\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Aramex+sees+net+income+fall+57%25+y-o-y+in+the+face+of+economic+headwinds+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F08%2F10%2Faramex-sees-net-income-fall-57-y-o-y-in-the-face-of-economic-headwinds%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/08\/10\/aramex-sees-net-income-fall-57-y-o-y-in-the-face-of-economic-headwinds\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/483.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"72720\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/08\/10\/aramex-sees-net-income-fall-57-y-o-y-in-the-face-of-economic-headwinds\/483-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/483.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"483.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/483.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/483.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-72719\" class=\"content-area-description single-story post-72719 post type-post status-publish format-standard has-post-thumbnail hentry category-earnings-watch tag-earnings-watch tag-enterprise-logistics tag-shipping 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\/8\/.308f623e-40da-4ff5-b2ab-d420313d6aa1.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong> Aramex 2Q 2023 net income falls 57% y-o-y: <\/strong>Global logistics provider Aramex\u2019s net income plunged 57% y-o-y to AED 19 mn in 2Q 2023, amid heightened financial costs and FX volatility in some of its markets, according to an <a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/8\/482.pdf\" style=\"\" rel=\"noopener\">earnings release (pdf)<\/a>. The company\u2019s revenues during the period fell 8% y-o-y to AED 1.4 bn, on the back of softening volumes. Net income during 1H 2023 also fell 53% y-o-y to AED 42.9 mn, while revenues fell 5% y-o-y to AED 2.8 bn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> The breakdown: <\/strong>Its freight forwarding division saw revenues fall 14% y-o-y to AED 358.6 mn during the quarter, while its logistics and supply chain solutions division witnessed a 5% y-o-y drop to AED 106.2 mn. Revenues reported for its Domestic Express services decreased 6% y-o-y to AED 351.4 mn on the back FX translations, the earnings release added. The International Express unit saw revenues fall 5% y-o-y to AED 561.1 mn amid a global downturn in shipping. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Looking ahead: <\/strong>\u201cOur focus in the second half of the year will remain firmly on cost reduction and further efficiencies on operating expenses and selling, general and administrative expenses, so that we can continue to be a very well-positioned, disciplined and agile business, with a strong balance sheet and key competitive strengths for the long-term,\u201d Aramex\u2019s CEO Othman Aljeda said. <\/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\/earnings-watch\/\">EARNINGS WATCH<\/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\/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=\"72721\" 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=\"72721\">\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\">Enterprise Explains<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/08\/10\/enterprise-explains-the-impact-of-climate-change-on-global-trade-routes\/\">\r\n                            Enterprise Explains: The impact of climate change on global trade routes                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" 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\/08\/10\/enterprise-explains-the-impact-of-climate-change-on-global-trade-routes\/\" 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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(Part I): <\/strong>Climate change and trade have increasingly been making headlines together over the past few months, as rising sea levels and droughts impact key trade routes across the globe, including most notably the Panama Canal. In the first part of this two-part series, we\u2019re looking at what the biggest threats of climate change are to trade, and what trade routes and ports are the most vulnerable. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Rising global temperature and sea levels have an impact both on shipping routes and global value chains <\/strong>, like agriculture and manufacturing, according to the <a target=\"_blank\" href=\"https:\/\/cepr.org\/voxeu\/columns\/international-trade-time-climate-crisis\" style=\"\" rel=\"noopener\">Center for Economic Policy Research<\/a>(CEPR). Exports of agricultural products and light manufacturing from poor countries have been found to decline at an average rate of 2-5.7% in response to every 1\u00b0C rise in the country's temperature, CEPR notes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Harsh weather conditions are also bad news for ships: <\/strong> Out of 38 vessel losses in 2022, eight were directly caused by extreme weather, Allianz said in its latest <a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/8\/454.pdf\" style=\"\" rel=\"noopener\">safety shipping review (pdf)<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Climate change also presents a direct threat to the operation of ports <\/strong>due to their locations along open coasts and in low-lying deltas, according to <a target=\"_blank\" href=\"https:\/\/unctad.org\/news\/climate-change-impacts-seaports-growing-threat-sustainable-trade-and-development\" style=\"\" rel=\"noopener\">UNCTAD<\/a>, which notes threats like storm surges, rising sea levels, waves and winds, and flooding, as well as tectonic events as just some of the climate hazards that can impact ports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> The latest victim: The Panama Canal. <\/strong>The canal \u2014 <a target=\"_blank\" href=\"https:\/\/www.weforum.org\/agenda\/2016\/07\/what-the-new-panama-canal-tells-us-about-globalization\/\" style=\"\" rel=\"noopener\">which handles around 6% of global maritime commerce\ufeff<\/a> \u2014 directly depends on the availability of freshwater for the passing of ships and is therefore highly vulnerable to changes in precipitation patterns and drought. The Canal authority has had to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/743e6e3b-42d9-4b9b-bf8f-09175c9a6b03\" style=\"\" rel=\"noopener\">impose restrictions<\/a> on the largest ships passing due to falling water levels in nearby lakes. The restrictions include slashing the tonnage allowed on vessels, and decreasing draft lengths allowed through the canal, according to the news outlet. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> How important is the canal to global trade? <\/strong> The canal provides a relatively inexpensive passageway for vessels that pass through it, <a target=\"_blank\" href=\"https:\/\/pancanal.com\/en\/maritime-services\/trade-routes\/\" style=\"\" rel=\"noopener\">30%<\/a> of which are Panamax vessels. The canal reduces time, costs, and carbon emissions, and its strategic location binds trade routes and global markets in Asia, Europe, North and South America, according to canal <a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/8\/457.pdf\" style=\"\" rel=\"noopener\">data (pdf)<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> How it will impact volumes + traffic: <\/strong>The draft length limit alone may reduce the tonnage of some container ships by 40%, <a target=\"_blank\" href=\"https:\/\/www.asharqbusiness.com\/article\/50442\/%D8%AA%D8%B4%D8%AF%D9%8A%D8%AF-%D9%82%D9%8A%D9%88%D8%AF-%D8%A7%D9%84%D8%B4%D8%AD%D9%86-%D9%81%D9%8A-%D9%82%D9%86%D8%A7%D8%A9-%D8%A8%D9%86%D9%85%D8%A7-%D8%A8%D8%B3%D8%A8%D8%A8-%D8%A7%D9%84%D8%AC%D9%81%D8%A7%D9%81-%D9%88%D9%85%D8%AE%D8%A7%D9%88%D9%81-%D9%85%D9%86-%D8%A7%D8%B1%D8%AA%D8%A8%D8%A7%D9%83-%D8%A7%D9%84%D8%AA%D8%AC%D8%A7%D8%B1%D8%A9-%D8%A7%D9%84%D8%B9%D8%A7%D9%84%D9%85%D9%8A%D8%A9\/\" style=\"\" rel=\"noopener\">Asharq Business<\/a> cites Director of Ocean Freight at Flexport Freight Forwarding Services (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/nathan-strang\/\" style=\"\" rel=\"noopener\">Linkedin<\/a>) as saying. The canal faced delays of approximately <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/bd4153c5-54ad-4494-a7d1-d5e7d24cd6f9\" style=\"\" rel=\"noopener\">15-19<\/a> days per vessel in the first week of August, on the back of the lower water levels. The restrictions also mean that shipping companies may have to split their heavy load into two containers, as opposed to one, which could cost users of the canal an additional fee of USD 1.5k per container, <a target=\"_blank\" href=\"https:\/\/www.everstream.ai\/\" style=\"\" rel=\"noopener\">Everstream Analytics<\/a> John Davis told Asharq.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> This also drives up shipping costs: <\/strong>The shortage of water is leading to higher fees imposed on vessels \u2014 ranging between USD 300-500 per container \u2014 to mitigate the impact of new restrictions, <a target=\"_blank\" href=\"https:\/\/www.asharqbusiness.com\/article\/50442\/%D8%AA%D8%B4%D8%AF%D9%8A%D8%AF-%D9%82%D9%8A%D9%88%D8%AF-%D8%A7%D9%84%D8%B4%D8%AD%D9%86-%D9%81%D9%8A-%D9%82%D9%86%D8%A7%D8%A9-%D8%A8%D9%86%D9%85%D8%A7-%D8%A8%D8%B3%D8%A8%D8%A8-%D8%A7%D9%84%D8%AC%D9%81%D8%A7%D9%81-%D9%88%D9%85%D8%AE%D8%A7%D9%88%D9%81-%D9%85%D9%86-%D8%A7%D8%B1%D8%AA%D8%A8%D8%A7%D9%83-%D8%A7%D9%84%D8%AA%D8%AC%D8%A7%D8%B1%D8%A9-%D8%A7%D9%84%D8%B9%D8%A7%D9%84%D9%85%D9%8A%D8%A9\/\" style=\"\" rel=\"noopener\">Asharq<\/a> writes. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Volume restrictions + increase in fees = less ships passing through: <\/strong>The combination of these factors will lead to less traffic in Panama in the foreseeable future, Davis said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Low rainfall is also reducing water levels in Europe\u2019s Rhine River and disrupting transport in the waterway <\/strong>, Gibson Shipbrokers said in a recent <a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/8\/22.pdf\" style=\"\" rel=\"noopener\">tanker report (pdf)<\/a>. Low water levels in the river, which is used for cargo transport and fuel distribution, is causing draft restrictions and has reduced quantities of cargo on barges. Cargo vessels are restricted to hauling 40% less than they usually carry. While this is common around this time of year, the report notes that such disruptions are expected to become more frequent due to climate change.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Stakeholders are scrambling to adapt: <\/strong>Freight operators are starting to revamp fleets to allow them to navigate the shallower water, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/features\/2023-07-31\/low-rhine-river-levels-puts-europe-s-most-important-trade-route-at-risk?srnd=green\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports. German chemicals giant BASF is rerouting its logistics to trains and trucks, while German plastic manufacturer Covestro could be shifting some of its production to Belgium.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> In our neck of the woods, the Suez Canal is not immune: <\/strong>The <a target=\"_blank\" href=\"https:\/\/www.suezcanal.gov.eg\/English\/About\/SuezCanal\/Pages\/AboutSuezCanal.aspx\" style=\"\" rel=\"noopener\">Suez Canal<\/a>, one of the world\u2019s most important trade routes, carrying 12% of global trade and 30% of global container traffic, is also susceptible to climate vulnerabilities, according to a <a target=\"_blank\" href=\"https:\/\/www.marshmclennan.com\/content\/dam\/mmc-web\/insights\/publications\/2022\/december\/Enabling_climate_resilience_in_the_Suez_Canal_insight_v6.pdf\" style=\"\" rel=\"noopener\">report<\/a> by risk and strategy firm <a target=\"_blank\" href=\"https:\/\/www.marshmclennan.com\/\" style=\"\" rel=\"noopener\">Marsh Mclennan<\/a>. Threats include the increasing incidence of sandstorms, as a result of extreme heat, which can impact visibility levels and an increased need for dredging due to sand deposition, the report said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Confluence is the bigger risk: <\/strong>Becausethe Suez Canal is susceptible to a number of climate change impacts, the risk of confluence events \u2014 where multiple events occur simultaneously \u2014 is heightened, the report said. The Ever Given incident, where the ship ran aground in the canal in 2021 \u2014 could have also been a result of a similar confluence event, the report notes, adding that temperatures of 43.6\u00b0C were recorded in Luxor, while a sandstorm preceded the incident. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Some trade routes are also opening up on the back of climate change: <\/strong> Based on global warming projections, the retreat of Arctic Sea ice will soon make the Northwest Passage, which runs through Russia's northern flank, viable for shipping. The route is currently being used mostly to ship hydrocarbons, and only operates nine months of the year due to the thick ice covering most of the route during winter months, but is expected to become a year-round trade route in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/25f6f835-359a-406b-84b5-f42e813f69e1\" style=\"\" rel=\"noopener\">2024<\/a> as the arctic warms. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> The impact of the route: <\/strong>The development of this route comes as Russia\u2019s key <a target=\"_blank\" href=\"https:\/\/www.thearcticinstitute.org\/arctic-2023-russian-foreign-policy-concept\/\" style=\"\" rel=\"noopener\">objectives<\/a> as a competitive strategic national transport artery for use of transport between Europe and Asia. This route slashes seven days off the 23 days it currently takes to sail from the North American east coast to the Bering Strait via the Russia-hugging Northern Sea Route.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Some companies are already planning to use the northern sea route\u2019s viability in 2024: <\/strong> Russian natural gas producer <a target=\"_blank\" href=\"https:\/\/www.novatek.ru\/en\/\" style=\"\" rel=\"noopener\">Novatek<\/a> plans to launch year-round Arctic to Asia voyages via the Northern Sea Route (NSR) in 2024. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> STAY TUNED for part two <\/strong>, where we unpack what this means for global trade routes and what countries and shippers around the world are doing to mitigate the impact. <\/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\/climate\/\">climate<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/enterprise-explains\/\">Enterprise explains<\/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=\"72723 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"72723\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/08\/10\/72723\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-72723\" class=\"content-area-description single-story post-72723 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"http:\/\/www.hassanallam.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/825.jpg?ssl=1\"><\/a><\/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<section id=\"72724\" 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=\"72724\">\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\">Kudos<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/08\/10\/saudi-arabias-zatca-gets-efqm-stamp-for-institutional-excellence-bahrains-export-development-platform-gets-slew-of-awards\/\">\r\n                            Saudi Arabia\u2019s ZATCA gets EFQM stamp for institutional excellence + Bahrain\u2019s export development platform gets slew of awards                        <\/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\/08\/10\/saudi-arabias-zatca-gets-efqm-stamp-for-institutional-excellence-bahrains-export-development-platform-gets-slew-of-awards\/\" 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\/08\/10\/saudi-arabias-zatca-gets-efqm-stamp-for-institutional-excellence-bahrains-export-development-platform-gets-slew-of-awards\/')\">\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\/08\/10\/saudi-arabias-zatca-gets-efqm-stamp-for-institutional-excellence-bahrains-export-development-platform-gets-slew-of-awards\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Saudi Arabia\u2019s ZATCA gets EFQM stamp for institutional excellence + Bahrain\u2019s export development platform gets slew of awards&url=https:\/\/enterpriseam.com\/logistics\/2023\/08\/10\/saudi-arabias-zatca-gets-efqm-stamp-for-institutional-excellence-bahrains-export-development-platform-gets-slew-of-awards\/\">\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\/08\/10\/saudi-arabias-zatca-gets-efqm-stamp-for-institutional-excellence-bahrains-export-development-platform-gets-slew-of-awards\/&title=Saudi Arabia\u2019s ZATCA gets EFQM stamp for institutional excellence + Bahrain\u2019s export development platform gets slew of awards\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Saudi+Arabia%E2%80%99s+ZATCA+gets+EFQM+stamp+for+institutional+excellence+%2B+Bahrain%E2%80%99s+export+development+platform+gets+slew+of+awards+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F08%2F10%2Fsaudi-arabias-zatca-gets-efqm-stamp-for-institutional-excellence-bahrains-export-development-platform-gets-slew-of-awards%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\/08\/10\/saudi-arabias-zatca-gets-efqm-stamp-for-institutional-excellence-bahrains-export-development-platform-gets-slew-of-awards\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-72724\" class=\"content-area-description single-story post-72724 post type-post status-publish format-standard hentry category-kudos tag-bahrain tag-enterprise-logistics tag-exports tag-kudos tag-saudi-arabia 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\/8\/.46a4b35b-4bfd-460e-b02a-f6c0867eb81e.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> KSA\u2019s <\/strong><strong><a target=\"_blank\" href=\"https:\/\/zatca.gov.sa\/en\/Pages\/default.aspx\" style=\"\" rel=\"noopener\">Zakat, Tax and Customs Authority (ZATCA)<\/a><\/strong><strong> has achieved recognition as a <\/strong><strong> \u201c5-star organization\u201d by the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/efqm.org\/\" style=\"\" rel=\"noopener\">European Foundation for Quality Management (EFQM)<\/a><\/strong><strong> , <\/strong> according to a <a target=\"_blank\" href=\"https:\/\/zatca.gov.sa\/ar\/MediaCenter\/News\/Pages\/News_1087.aspx\" style=\"\" rel=\"noopener\">statement<\/a>. The organization is the first in the kingdom to receive the award, which highlights best practices and recognizes \u201cinstitutional excellence.\u201d The affirmation gives impetus to the organization\u2019s drives for sustained high performance, an improved working environment, and upped employee productivity, ZATCA\u2019s statement added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Bahrain\u2019s export development platform took home a slew of awards from Global <\/strong><strong> Business Outlook: <\/strong> National export development and support platform <a target=\"_blank\" href=\"https:\/\/export.bh\/\" style=\"\" rel=\"noopener\">Export Bahrain<\/a> received the Best Small and Medium Enterprises Export Solutions Provider in Bahrain 2023 award, along with five others, from <a target=\"_blank\" href=\"https:\/\/www.globalbusinessoutlook.com\/\" style=\"\" rel=\"noopener\">Global Business Outlook<\/a>, according to <a target=\"_blank\" href=\"https:\/\/www.bna.bh\/en\/ExportBahrainwinsBestSmallandMediumEnterprisesExportSolutionsProviderinBahrain2023AwardandFiveOtherGlobalAwardsfor2023.aspx?cms=q8FmFJgiscL2fwIzON1%2bDuEZy16FHiw1dJeUetWpdg0%3d\" style=\"\" rel=\"noopener\">Bahrain News Agency (BNA)<\/a>. The accolades recognize the platform\u2019s role in providing high quality services, consultancy, and support to local SMEs and micro-sized businesses, BNA wrote.<\/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\/bahrain\/\">Bahrain<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/exports\/\">exports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/kudos\/\">KUDOS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"72726\" 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=\"72726\">\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\">Logistics in the News<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/08\/10\/tanzanian-activists-against-dp-worlds-port-concession-agreement-reportedly-hushed-by-govt-hrw\/\">\r\n                            Tanzanian activists against DP World\u2019s port concession agreement reportedly hushed by gov\u2019t -HRW                        <\/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\/08\/10\/tanzanian-activists-against-dp-worlds-port-concession-agreement-reportedly-hushed-by-govt-hrw\/\" 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\/08\/10\/tanzanian-activists-against-dp-worlds-port-concession-agreement-reportedly-hushed-by-govt-hrw\/')\">\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\/08\/10\/tanzanian-activists-against-dp-worlds-port-concession-agreement-reportedly-hushed-by-govt-hrw\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" 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reportedly hushed by gov\u2019t -HRW\">\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=Tanzanian+activists+against+DP+World%E2%80%99s+port+concession+agreement+reportedly+hushed+by+gov%E2%80%99t+-HRW+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F08%2F10%2Ftanzanian-activists-against-dp-worlds-port-concession-agreement-reportedly-hushed-by-govt-hrw%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\/08\/10\/tanzanian-activists-against-dp-worlds-port-concession-agreement-reportedly-hushed-by-govt-hrw\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/480.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"72727\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/08\/10\/tanzanian-activists-against-dp-worlds-port-concession-agreement-reportedly-hushed-by-govt-hrw\/480-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/480.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"480.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/480.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/480.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-72726\" class=\"content-area-description single-story post-72726 post type-post status-publish format-standard has-post-thumbnail hentry category-logistics-in-the-news tag-enterprise-logistics tag-human-rights tag-logistics-in-the-news 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\/8\/.75a1590e-46e2-4363-94fe-c3555728c5f3.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong> Tanzania accused of hushing critics of <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.dpworld.com\/\" style=\"\" rel=\"noopener\">DP World<\/a><\/strong><strong> agreement <\/strong><strong> : <\/strong> Tanzanian authorities have reportedly threatened or detained 22 activists for voicing criticism of a concession agreement inked with DP World last year, <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/f5776df5-9375-438f-bbeb-bc7e8c296f04\" style=\"\" rel=\"noopener\">the Financial Times<\/a> reports, citing Human Rights Watch. The framework gives DP World rights to develop and operate the port of Dar es Salam and other ports and trade facilities in Tanzania. Critics believe that the terms of the contract \u2014 particularly those specifying an open-ended time period and preventing a Tanzanian withdrawal \u2014 are against the country\u2019s interests. The Tanzanian government has dismissed the concerns as unfounded and said that the arrangement will boost efficiency and revenue at Dar es Salam port, FT wrote.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> ALSO WORTH NOTING- <\/strong><\/p>\n<ul>\n<li><strong> Boeing says that Brazil has the potential to emerge as a significant player in <\/strong><strong> sustainable aviation fuel <\/strong> given its expertise in biofuels and abundant renewable resources. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/aerospace-defense\/boeing-says-brazil-could-be-top-sustainable-aviation-fuel-player-2023-08-08\/\" style=\"\" rel=\"noopener\">Reuters<\/a>) <\/li>\n<li><strong> Boeing delivered 43 planes to customers in July as it aims to increase <\/strong><strong> production to meet high demand. <\/strong>This was lower than June's 60 deliveries, but it brought the seven-month period\u2019s total to 309, up 28% from the same period in 2022. Airbus, Boeing's main rival, handed over 381 planes in the same seven-month period. (<a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2023\/08\/08\/boeing-aircraft-deliveries-orders-for-july.html\" style=\"\" rel=\"noopener\">CNBC<\/a>)<\/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\/human-rights\/\">human rights<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/logistics-in-the-news\/\">LOGISTICS IN THE NEWS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/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=\"72728\" 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=\"72728\">\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\">Also on Our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/08\/10\/us-engineering-firm-parsons-to-design-road-infrastructure-project-in-doha-afcfta-will-soon-have-a-smart-trade-portal\/\">\r\n                            US engineering firm Parsons to design road, infrastructure project in Doha + AfCFTA will soon have a smart trade portal. PLUS: More from Egypt                        <\/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\/08\/10\/us-engineering-firm-parsons-to-design-road-infrastructure-project-in-doha-afcfta-will-soon-have-a-smart-trade-portal\/\" 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\" 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href=\"https:\/\/enterpriseam.com\/logistics\/2023\/08\/10\/us-engineering-firm-parsons-to-design-road-infrastructure-project-in-doha-afcfta-will-soon-have-a-smart-trade-portal\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/486.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"72729\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/08\/10\/us-engineering-firm-parsons-to-design-road-infrastructure-project-in-doha-afcfta-will-soon-have-a-smart-trade-portal\/486-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/486.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"486.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/486.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/486.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-72728\" class=\"content-area-description single-story post-72728 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-enterprise-logistics tag-infrastructure 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\/8\/.86224ab9-d8cb-42c4-96e7-1d332be937dd.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> INFRASTRUCTURE- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong> US engineering firm <\/strong><strong> Parsons clinches USD 52 mn contract for Doha road + infrastructure project: <\/strong>US-based engineering and construction company Parsons has secured a USD 52 mn six-year contract to provide consultancy services for a new road and infrastructure framework in the Qatari capital, <a target=\"_blank\" href=\"https:\/\/www.cbnme.com\/news\/parsons-wins-52mn-public-works-authority-contract-in-qatar\/\" style=\"\" rel=\"noopener\">Construction Business News<\/a> reports. The contract econompasses conceptual, preliminary, and detailed design for roads and infrastructure projects in the city. \u201cFrameworks like this will help improve access and decrease congestion \u2014 thereby decreasing transportation costs,\u201d Parsons MEA President Pierre Santon said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> ALSO WORTH KNOWING- <\/strong><\/p>\n<ul>\n<li>Lagos-based <strong> Zenith Bank <\/strong> and <strong> AfCFTA <\/strong> have inked an <strong> MoU <\/strong> to establish a<strong> USD <\/strong><strong> 1 mn smart trade portal <\/strong> to promote trade in Africa. (<a target=\"_blank\" href=\"https:\/\/www.facebook.com\/nigerianportsa\/posts\/pfbid0YtnLvincA2P19RbrAmcwoz3GHjkk1zR5dsSnTFuVQL77zZ6BuQa7Hx9xm1XYVprDl\" style=\"\" rel=\"noopener\">Nigerian Ports Authority<\/a>)<\/li>\n<li><strong> Egypt will no longer import rolling stock by the end of 2024, <\/strong> as it looks to localize its transport sector, Egyptian Transport Minister Kamel El Wazir said. (<a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=lkg9O4T_v78&t=3798s\" style=\"\" rel=\"noopener\">Sada El Balad | watch, runtime: 1:25:17<\/a>)<\/li>\n<li><strong> Algerian Trade and Export Promotion Minister <\/strong>Tayeb Zitouni met with his <strong> Ugandan <\/strong><strong> counterpart <\/strong>to discuss<strong> boosting trade <\/strong>and <strong> economic ties <\/strong>. (<a target=\"_blank\" href=\"https:\/\/www.facebook.com\/TayebZitouni23\/posts\/pfbid0t4DLJ35tLHiE6oBmRgVSnog3LZXSz9Kv6SkRwwvv8pSXaEwMr21K7Z6KTXhGjR1vl\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/infrastructure\/\">INFRASTRUCTURE<\/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=\"72730\" 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\/08\/10\/72730\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-72730\" class=\"content-area-description single-story post-72730 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;\">AUGUST<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">Oman will award Ras Al Hadd Airport consultancy contract. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">31 July-9 August (Monday-Wednesday): KSA trade delegation headed by Investment Minister Khalid Al Falih tours Brazil, Chile, Costa Rica, Argentina, Panama, Paraguay, and Uruguay.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>27 August (Sunday): Last day for companies to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.alqabas.com\/article\/5917437-%D8%A7%D8%B3%D8%AA%D8%A6%D9%86%D8%A7%D9%81-%D8%A3%D8%B9%D9%85%D8%A7%D9%84-%D8%A5%D9%86%D8%AC%D8%A7%D8%B2-%D9%85%D9%8A%D9%86%D8%A7%D8%A1-%D9%85%D8%A8%D8%A7%D8%B1%D9%83-%D8%A7%D9%84%D9%83%D8%A8%D9%8A%D8%B1\" style=\"\">bid<\/a><\/span><span style=\"font-weight:400;\"> for the construction tender for Kuwait\u2019s Mubarak Al Kabeer Port.<\/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>11-15 September (Monday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/londoninternationalshippingweek.com\/\" style=\"\">London International Shipping Week 2023<\/a><\/span><span style=\"font-weight:400;\">, International Maritime Organization, London, United Kingdom<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>12 September (Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.itln.in\/events\/globalpharma2023\/\" style=\"\">Global Pharma Logistics Summit 2023<\/a><\/span><span style=\"font-weight:400;\">, ITC Maratha, Mumbai, India.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>18-19 September (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/finance.enterprise.news\/\" style=\"\">Enterprise Finance Forum<\/a><\/span><span style=\"font-weight:400;\">, St. Regis Hotel, Cairo.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>20-21 September (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.saudimaritimecongress.com\/en\/home.html\" style=\"\">Saudi Maritime Congress<\/a><\/span><span style=\"font-weight:400;\">, Dhahran Expo, Damman, Saudi Arabia.<\/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>25-27 September (Monday-Wednesday): Agriculture Horticulture Development Board\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ahdb.org.uk\/news\/trade-mission-to-kuwait-set-to-boost-uk-meat-export-opportunities-in-middle-eastern-market\" style=\"\">trade mission<\/a><\/span><span style=\"font-weight:400;\"> to Kuwait.<\/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>26-28 September (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/americas.breakbulk.com\/home\" style=\"\">Breakbulk Americas<\/a><\/span><span style=\"font-weight:400;\">, George R. Brown Convention Center, Houston, Texas. <\/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>Egypt\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/sczone.eg\/\" style=\"\">Suez Canal Economic Zone<\/a><\/span><span> (SCZone) goes on a roadshow to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/sczone.eg\/sczone-receives-the-korean-ambassador-to-discuss-preparation-for-an-upcoming-promotional-tour\/\" style=\"\">South Korea<\/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>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>13-17 November (Monday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.dubaiairshow.aero\/dubai-airshow-2023-registration?gclid=Cj0KCQjwnrmlBhDHARIsADJ5b_mjD0l3EWpN08DVVI5axMlTTCljLWH7opPMHw05eUAgTXI2Ke7GOIQaAuQVEALw_wcB\" style=\"\">Dubai Airshow<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Center, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>14-15 November (Tuesday-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 style=\"font-weight:400;\">21-23 November (Tuesday-Thursday): Touchdown Middle East, Gulf Hotel, Bahrain.<\/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:400;\">Before the end of the year: The first phase of the Ain Sokhna port redevelopment will wrap. <\/span><\/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>13th <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/wam.ae\/en\/details\/1395303180396\" style=\"\">World Trade Organization Ministerial 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>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;\">JUNE 2024<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>19-21 June (Wednesday-Friday): World <\/span><span>Freezones<\/span><span> Organization\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/wam.ae\/en\/details\/1395303182029\" style=\"\">Annual International Conference and Exhibition<\/a><\/span><span style=\"font-weight:400;\">, Bari, Italy.<\/span><\/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 style=\"font-weight:400;\">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":72713,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-72712","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"d4de7d57-1160-47ed-95a7-bff9178087ba","teaser":"","photo_url":"https:\/\/ent.news\/2021\/10\/425.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>How climate change is rerouting global trade flows - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/logistics\/issues\/how-climate-change-is-rerouting-global-trade-flows\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" 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