{"id":72880,"date":"2023-08-21T01:15:00","date_gmt":"2023-08-21T01:15:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=72880"},"modified":"2025-12-15T13:08:54","modified_gmt":"2025-12-15T13:08:54","slug":"no-end-in-sight-for-panama-canal-crisis","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/no-end-in-sight-for-panama-canal-crisis\/","title":{"rendered":"No end in sight for Panama Canal crisis"},"content":{"rendered":"<section id=\"72882\" 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=\"72882\">\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\/21\/today-more-us-iran-tensions-in-the-strait-of-hormuz-egypt-eyes-logistics-zone-on-libyan-border\/\">\r\n                            TODAY: More US-Iran tensions in the Strait of Hormuz + Egypt eyes logistics zone on Libyan border                        <\/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\/21\/today-more-us-iran-tensions-in-the-strait-of-hormuz-egypt-eyes-logistics-zone-on-libyan-border\/\" 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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There's been plenty of updates on the global and regional fronts since we last dropped into your inbox, so without further ado, let\u2019s dive in. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> THE BIG LOGISTICS STORY- <\/strong>Tunisia has reportedly received bids from Chinese firms Sichuan Road & Bridge Group and China Railway Major Bridge Engineering Group for the contract to design and build its 2.1 km Tunis-Bizerte viaduct. <\/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\"><strong> The <\/strong><strong> BRICS summit kicks off this week with lots on the agenda: <\/strong>BRICS leaders will hold their 15th heads of state summit between tomorrow and 24 August in Johannesburg, South Africa. South African President Cyril Ramaphosa, Chinese President Xi Jinping, Brazil's President Luiz Inacio Lula da Silva, and Indian Prime Minister Narendra Modi are expected to attend, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/brics-summit-2023-whats-likely-be-discussed-2023-08-18\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, while Putin is expected to take part virtually due to an International Criminal Court arrest warrant issued against him for alleged war crimes in Ukraine. The leaders are expected to discuss the expansion of BRICS, the BRICS bank, economic cooperation, and relations with non-member states.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> President Putin and Iran\u2019s President Ebrahim Raisi had a call last week discussing Iran\u2019s admission to BRICS<\/strong>, according to a Kremlin statement cited by <a target=\"_blank\" href=\"https:\/\/tass.com\/politics\/1661899\" style=\"\" rel=\"noopener\">TASS<\/a>. The two leaders also \u201creaffirmed their determination\u201d to boost cooperation in trade, energy, transport, and environmental protection, TASS wrote.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Many regional states want in on BRICS: <\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/96784486-7af0-471f-95f4-238a38d5fd04\" style=\"\" rel=\"noopener\">Egypt<\/a>, the UAE, <a target=\"_blank\" href=\"https:\/\/country.eiu.com\/article.aspx?articleid=393341622&Country=China&topic=Politics&subtopic=Forecast&subsubtopic=International+relations&oid=863331669&flid=93319592#:~:text=Saudi%20Arabia%20is%20likely%20to,relations%20with%20China%20and%20Russia.\" style=\"\" rel=\"noopener\">KSA<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/cd9bee4d-f033-433a-81d5-8a484cfbbe75\" style=\"\" rel=\"noopener\">Iran<\/a>, and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/5a38b24a-4569-4964-97bc-82000281b5d2\" style=\"\" rel=\"noopener\">Algeria<\/a> are all looking to join the alliance.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Algeria\u2019s speaker of the People\u2019s National Assembly Ibrahim Boughali arrived in <\/strong><strong> Tehran yesterday for a five-day visit <\/strong> that will see him discuss enhancing bilateral trade and economic cooperation with his Iranian counterpart, Mohammed Qalibaf, <a target=\"_blank\" href=\"https:\/\/en.irna.ir\/news\/85204610\/Algeria-speaker-in-Tehran-for-high-level-talks\" style=\"\" rel=\"noopener\">Islamic Republic News Agency<\/a> reports. <\/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=\"wwtt1\"><\/a> <strong> US-owned tanker carrying Iranian oil begins offloading despite Iranian threats: <\/strong>Marshall Islands-flagged Suez Rajan has begun a ship-to-ship transfer of its cargo of suspected Iranian crude off the coast of Texas, the <a target=\"_blank\" href=\"https:\/\/www.washingtonpost.com\/business\/2023\/08\/19\/iran-us-tensions-suez-rajan-tanker-oil\/5b4e3bae-3f0b-11ee-aefd-40c039a855ba_story.html\" style=\"\" rel=\"noopener\">Washington Post<\/a> reports. Despite a lack of public court records, the ship\u2019s cargo is widely believed to have been seized by American authorities for violating sanctions, according to analysts cited by the Washington Post. Iran \u2014 which has also seized two tankers in the Persian Gulf \u2014 has threatened to retaliate if the offloading continues in a move that could lead to an escalation of the ongoing tanker war.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> The Suez Rajan and its cargo have been trapped off the Texas coast for months: <\/strong>Houston Refining \u2014 which reportedly owns the seized cargo \u2014has faced hurdles trying to find shipowners willing to offload the crude due to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/9a1abe25-6d81-4646-a5d7-8a28ba984267\" style=\"\" rel=\"noopener\">\u201csanctions stigma.\u201d<\/a> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Background: <\/strong> The US and its allies have been seizing cargoes of Iranian crude following the Trump administration\u2019s backing out from an arrangement allowing Iran to export freely in exchange for putting a halt to its nuclear program. This has forced Iran to find covert methods to ship its oil, the Washington Post explains. <\/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> WATCH THIS SPACE #1- <\/strong><strong> A UAE-Indonesia Comprehensive Economic Partnership <\/strong><strong> Agreement (CEPA) is set <\/strong><strong> to come online next month<\/strong>, Indonesia\u2019s Ambassador to the UAE Husin Bagis said in a <a target=\"_blank\" href=\"https:\/\/www.kemlu.go.id\/abudhabi\/en\/news\/25919\/from-games-competition-to-flag-display-in-iconic-buildings-in-uae-78th-indonesian-independence-day-gained-attraction\" style=\"\" rel=\"noopener\">statement<\/a>. The two countries <a target=\"_blank\" href=\"https:\/\/www.mofa.gov.ae\/en\/missions\/jakarta\/media-hub\/embassy-news\/cepa\" style=\"\" rel=\"noopener\">inked<\/a> the CEPA July of last year in a bid to boost annual bilateral trade to USD 10 bn over the next five years by removing barriers to trade. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> WATCH THIS SPACE #2- Iran and Indonesia are looking to enhance barter trade <\/strong><strong> between their private <\/strong><strong> sectors under a potential joint fund<\/strong>, Tehran Times <a target=\"_blank\" href=\"https:\/\/www.tehrantimes.com\/news\/487980\/Iran-Indonesia-discuss-forming-fund-for-barter-trade\" style=\"\" rel=\"noopener\">reports<\/a>, citing an Iran Chamber of Commerce, Industries, Mines, and Agriculture statement. Iran\u2019s Ambassador to Jakarta Mohammad Boroujerdi also proposed launching a trade center in Indonesia to exhibit Iranian products, according to a <a target=\"_blank\" href=\"https:\/\/en.otaghiranonline.ir\/news\/44932\" style=\"\" rel=\"noopener\">statement<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a> <strong> WATCH THIS SPACE #3- <\/strong><strong> Egypt is planning to establish a logistics zone on the <\/strong><strong> Libyan border as it looks to increase trade with its western neighbor<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.asharqbusiness.com\/article\/53394\/%D9%85%D8%B5%D8%B1-%D8%AA%D8%B9%D8%AA%D8%B2%D9%85-%D8%A5%D9%86%D8%B4%D8%A7%D8%A1-%D9%85%D9%86%D8%B7%D9%82%D8%A9-%D9%84%D9%88%D8%AC%D8%B3%D8%AA%D9%8A%D8%A9-%D9%82%D8%B1%D8%A8-%D8%AD%D8%AF%D9%88%D8%AF%D9%87%D8%A7-%D9%85%D8%B9-%D9%84%D9%8A%D8%A8%D9%8A%D8%A7\/\" style=\"\" rel=\"noopener\">Asharq Business<\/a> reports. The zone will be built on 300 acres near the port of Salloum, President Abdel Fattah El Sisi said in a speech on Wednesday. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt4\"><\/a> <strong> WATCH THIS SPACE #4 <\/strong><strong> - Iraq may move away from Iran for its gas supply: <\/strong>Iraq could rely on Qatar for gas during the coming period due to its competitive prices, Iraqi outlet <a target=\"_blank\" href=\"https:\/\/alsabaah.iq\/82493-.html\" style=\"\" rel=\"noopener\">Alsabah<\/a> cites economic experts as saying. While Iraq will rely on Iranian gas for the next three years, the country is looking for a source that, unlike Iran, has no imposed sanctions or supply issues. Qatar\u2019s prices, compliance with contract terms, and ability to export without being impacted by politics are advantages that could push Iraq to Qatar, economists told Alsabah. Iraq could also consider Turkmenistan, the outlet reports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> MEANWHILE- <\/strong> Iran claims it is finalizing the extension of a contract to export gas to Iraq, state-aligned <a target=\"_blank\" href=\"https:\/\/www.tasnimnews.com\/en\/news\/2023\/08\/20\/2943746\/extension-of-iran-s-gas-exports-contract-to-iraq-being-finalized-deputy-oil-minister\" style=\"\" rel=\"noopener\">Tasnim News Agency<\/a> quotes Iran\u2019s Deputy Oil Minister Majid Chegeni as saying. The country is also looking to supply gas to Turkey and Oman, revive a contract with Pakistan, and discuss gas trade with Russia.<\/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\"><strong> Ukraine\u2019s grain shipments down by a third amid Russia blockade: <\/strong>Ukraine exported only 3.2 mn tons of food commodities since <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e7579b8d-f9db-4def-9a0a-5fa8274ac3d4\" style=\"\" rel=\"noopener\">Russia quit the Black Sea grain pact<\/a> last month, down from 4.8 mn in June, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-08-19\/ukraine-crop-exports-fell-by-third-after-russia-s-exit-from-black-sea-deal?srnd=premium-middle-east\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports. The situation has been made even more difficult with Russia\u2019s recent <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/12963333-bec5-4fd7-8f64-f26100a69bde\" style=\"\" rel=\"noopener\">attacks<\/a> on the Danube ports of Izmail and Reni, economists tell Bloomberg. The attacks are posing challenges to finding reliable workarounds, Bloomberg cites Ukrainian President Volodymyr Zelenskiy as saying.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> This is also causing logistical hurdles<\/strong>, as it is taking up to four times longer for cargo to get to the Danube than it did a few months ago due to traffic jams, a member of the board of the Ukrainian Agribusiness Club said. Delays and smaller shipment volumes have also been increasing transport costs, with the waiting time at European countries' border crossings now range around five to six days. Ukraine\u2019s grain and oilseed exports could fall by 25% during the second half of the year, economists say<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Stranded vessels have started to depart Ukraine\u2019s Odessa Port using new corridor: <\/strong> A Hong Kong-flagged container ship carrying 30k metric tons of cargo in 2.1k containers left Ukraine\u2019s Odessa port in the Black Sea last week after being stuck at the port since February 2022, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/europe\/container-ship-leaves-russian-blocked-ukrainian-port-odesa-kyiv-2023-08-16\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. This comes following Ukraine\u2019s announcement last week of a \u201c <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/fbe1c23e-8ea3-4f3b-9603-210a559ecc48\" style=\"\" rel=\"noopener\">humanitarian corridor<\/a> \u201d for merchant ships to and from its ports, which have been blockaded by Russia since the start of its invasion. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> It doesn\u2019t look like Russia\u2019s on board: <\/strong>Russia has given no indication of whether it will respect the shipping corridor, although its forces have since fired at a Turkish-owned cargo vessel on its way to Ukraine, <a target=\"_blank\" href=\"https:\/\/www.arabnews.com\/node\/2356936\/middle-east\" style=\"\" rel=\"noopener\">Arab News<\/a> cites Turkish President Recep Tayyip Erdogan\u2019s office as saying. The vessel, once inspected, continued on its way to Ukraine\u2019s port of Izmail, the outlet writes. Turkey, who had facilitated the UN-backed Black Sea grain agreement, warned Moscow against further escalations.<\/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\"><strong> DATA POINT <\/strong>- <strong> The Saudi Ports Authority\u2019s (Mawani) ports handled 4 mn TEUs in <\/strong><strong> 1H 2023<\/strong>, marking a 15% y-o-y increase, according to a <a target=\"_blank\" href=\"https:\/\/mawani.gov.sa\/article?news=130823\" style=\"\" rel=\"noopener\">statement<\/a>. Mawani\u2019s ports also saw a 10.7% y-o-y increase in vessels calling at the ports to 5.9k vessels, with transshipments rising 12.2% y-o-y, according to the statement. Its ports also saw an 18.8% y-o-y increase to container volumes in July to 753.5k TEUs, according to a separate <a target=\"_blank\" href=\"https:\/\/mawani.gov.sa\/article?news=150823\" style=\"\" rel=\"noopener\">statement<\/a>. Exported containers saw a 34.6% y-o-y jump, while imported containers saw a 30% y-o-y increase. On the downside, cargo volumes dipped 9.84% y-o-y to 25 mn tons, mostly made up of general cargo, dry bulk cargo and liquid bulk cargo. <\/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\"><strong> MARKET WATCH- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt5\"><\/a> <strong> Trans-Atlantic shipping is experiencing a significant downturn<\/strong>, with spot rates plummeting below pre-pandemic levels after a robust period, <a target=\"_blank\" href=\"https:\/\/www.freightwaves.com\/news\/trans-atlantic-shipping-suffers-major-meltdown-as-spot-rates-crash\" style=\"\" rel=\"noopener\">Freight Waves<\/a> reports.\u201cThis is a major meltdown for a trade that was steady and \u2018dull\u2019 for decades,\u201d said Peter Sand, chief analyst at Xeneta. Germany's Hapag-Lloyd, which has a 20% share in the Europe-US market, is considering canceling sailings due to low profitability. \u201cWe\u2019re actively looking at that. In some cases, we don\u2019t earn back our costs. We need to do things to keep our costs under control. I wouldn\u2019t be surprised if we do something fairly soon,\u201d Hapag-Lloyd CEO Rolf Habben Jansen said. Contract rates remain higher than spot rates, indicating carriers' reliance on contractual business.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> China is importing Iranian oil at decade-high levels<\/strong>, taking advantage of appealing crude prices, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-08-15\/china-is-buying-the-most-iranian-oil-in-a-decade-kpler-says\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports, citing intelligence firm Kpler. Iran exported a total of 917k bbl\/d to China between January and June, Iran\u2019s <a target=\"_blank\" href=\"https:\/\/en.irna.ir\/news\/85200770\/Iran-exports-1-5-mln-bpd-of-oil-to-China-Kpler\" style=\"\" rel=\"noopener\">Islamic Republic News Agency<\/a> reports, citing the Kpler report. Beijing has eased its probe into bitumen mixture imports \u2014 which is sometimes Iranian crude in disguise \u2014 which has accelerated the movement of cargoes through customs. China is set to import 1.5 mn barrels worth of crude oil from Iran this month, the highest figure estimated by Kpler since 2013.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Kuwait has become the primary supplier of ship fuel to Qatar<\/strong>, as its Al Zour refinery, operational since late 2022, ramps up exports, <a target=\"_blank\" href=\"https:\/\/www.hellenicshippingnews.com\/kuwait-dominates-ship-fuel-sales-to-qatar-as-al-zour-refinery-finds-new-markets\/#google_vignette\" style=\"\" rel=\"noopener\">Platts<\/a> reports. Al Zour refinery has shipped some 3 mn barrels of fuel oil to Qatar in 2023, surpassing last year's main providers including Bahrain, Malaysia, and Singapore, according to shipping data from Kpler.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> The Drewry World Container Index rose by 2.3% to USD 1.8k per 40-ft container <\/strong><strong> this week<\/strong>, although it is still down 70.6% y-o-y, according to <a target=\"_blank\" href=\"https:\/\/www.hellenicshippingnews.com\/drewrys-world-container-index-17-aug\/#google_vignette\" style=\"\" rel=\"noopener\">Drewry<\/a>. The latest index is 82% below the peak of USD 10k witnessed in September 2021 and 32% lower than the 10-year average of USD 2.6k, suggesting a return to normal prices. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> The Baltic Exchange's main sea freight index rose 9.6% last week<\/strong>, marking its best week since 28 July, <a target=\"_blank\" href=\"https:\/\/www.hellenicshippingnews.com\/baltic-index-heads-for-its-best-week-in-three\/#google_vignette\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. The capesize index was up 0.4% to 1.6k during the week, while the panamax index rose 15.3%, its fourth consecutive weekly gain.<\/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\"><strong> NON-LOGISTICS REGIONAL HEADLINES OVER THE WEEKEND: <\/strong><\/p>\n<ul>\n<li><strong> KSA<\/strong>: Saudi Arabia\u2019s Crown Prince Mohammed bin Salman met with Iran\u2019s Foreign Minister Hossein Amirabdollahian in Jeddah as diplomatic relations between the two countries improve. (<a target=\"_blank\" href=\"https:\/\/tinyurl.com\/vyuxk9c5\" style=\"\" rel=\"noopener\">Asharq Al Awsat<\/a>)<\/li>\n<li><strong> Egypt + UAE: <\/strong> Egypt is expected to start buying <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/fc058119-57bb-462d-94ea-26a53bddad6f\" style=\"\" rel=\"noopener\">UAE-financed imported wheat<\/a> in January after parliamentary approval is secured in November. (<a target=\"_blank\" href=\"https:\/\/www.albayan.ae\/economy\/arab\/2023-08-20-1.4713126\" style=\"\" rel=\"noopener\">Al Bayan<\/a> | <a target=\"_blank\" href=\"https:\/\/tinyurl.com\/5348nvm3\" style=\"\" rel=\"noopener\">Akhbar Al Youm<\/a>)<\/li>\n<\/ul>\n<p style=\"padding:0;line-height:1.15;margin-right:0;margin-left:36pt;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\"><a href=\"https:\/\/finance.enterprise.news\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/climate.enterprise.press\/wp-content\/uploads\/2023\/08\/Finance-Forum-1920px.jpg\"\/><\/a> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> CHECK OUT OUR AGENDA- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> The Enterprise Finance Forum is taking place on 18-19 September at <\/strong><strong> 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> This is our first two-day event<\/strong>,which should give us plenty of time to dive into the nitty gritty of this industry we love. Our panels will see CEOs, bankers, investors and founders gather to discuss the future and trends shaping banking, finance, fintech and NBFS. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Our full agenda will be out at month\u2019s end. Among the topics we\u2019ll be discussing: <\/strong><\/p>\n<ul>\n<li><strong> Looking into the crystal ball: <\/strong> Top industry CEOs will join us on stage to answer tough questions on where we are as an industry, the forces that will shape all of our businesses going forward, and their views on dealflow in the year ahead.<\/li>\n<\/ul>\n<ul>\n<li><strong> Surviving nuclear winter: <\/strong> We discuss how private equity and venture capital players are tackling challenges including fundraising and deployment in an environment in which it\u2019s awfully difficult to price your local asset in USD terms.<\/li>\n<li><strong> The robots are coming: <\/strong> We explore what the coming AI and big data means for the industry in our part of the world and what can bankers, NBFI, and fintech players do to capitalize on them.<\/li>\n<li><strong> What do you do when nobody wants to be a banker <\/strong> \u2014 and when those who are already (investment or commercial) bankers are either (a) dreaming of doing their own startup or (b) moving to Dubai (or, increasingly, Riyadh)? We go deep into the weeds with industry leaders on how they\u2019re building talent for tomorrow.<\/li>\n<li><strong> NBFIs are a bubble. Prove me wrong: <\/strong> We chart the explosive rise of NBFIs and ask whether the industry is ready for a wave of consolidation. We\u2019ll dive into whether consumer finance is starting to mature as a segment \u2014 and ask which sector is next.<\/li>\n<li><strong> Handicapping the winners and losers in fintech in 2024: <\/strong> We dive deep into which categories are getting traction, where the untapped opportunities are, what business they would start today if they could, and what we can expect of the sector in the year ahead.<\/li>\n<li><strong> What\u2019s a bank, anyway? <\/strong>Wherein we talk challenger and neobanks with the players looking to shake up the brick-and-mortar industry. <\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> ** NEW: MORE NETWORKING TIME- <\/strong> Our agenda includes expanded networking time, including an expanded coffee break and a post-event networking room for you to interact with your peers and speak one-on-one with the team at Enterprise. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> STAY TUNED for more detail <\/strong>about our exciting agenda in the weeks to come.<\/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>.<\/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 OUR PREVIOUS FORUMS? <\/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 and the Enterprise Climate Forum. <\/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\/climate-is-the-biggest-business-and\/id1617987136?i=1000624977478\" style=\"\" rel=\"noopener\">Apple Podcast<\/a> | <a target=\"_blank\" href=\"https:\/\/open.spotify.com\/episode\/42Ds85Mp5AqBh7ZR5BDbvw?si=kS_kQimDQSGBtVqSyr1P7Q&nd=1\" style=\"\" rel=\"noopener\">Spotify<\/a> | <a target=\"_blank\" href=\"https:\/\/podcasts.google.com\/feed\/aHR0cHM6Ly93d3cub21ueWNvbnRlbnQuY29tL2QvcGxheWxpc3QvNWE1NmQ3YzMtZjI4MS00NTU3LThlMzEtYWFjODAxN2NjZjA2LzY4NmNmYTU5LTAwOTMtNDEyMS1hMTRjLWFlNmYwMDk3ZjEyMi81NDI0MGE5Ni04YWY5LTRkZGQtODExNi1hZTZmMDA5OTgxMzYvcG9kY2FzdC5yc3M\/episode\/YzU0MzcwMjQtNDVhMi00MDNmLWI5ZDYtYjA2MzAxMGM2ZTQ4?sa=X&ved=0CAUQkfYCahcKEwiwoNjonumAAxUAAAAAHQAAAAAQCg\" style=\"\" rel=\"noopener\">Google Podcast<\/a> | <a target=\"_blank\" href=\"https:\/\/play.anghami.com\/episode\/1122203900\" style=\"\" rel=\"noopener\">Anghami<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> IN THIS WEEK\u2019S EPISODE- <\/strong> In our second panel from the Enterprise Climate Forum, We dive deep into what the business leaders in the climate industry in Egypt and the region have to say about how the private sector is adopting greentech, where they see the opportunities and what they\u2019d like policymakers to do to encourage further participation. We were joined by <strong> Amr Allam, <\/strong>co-CEO of Hassan Allam Holding, <strong> Mohamed Ismail Mansour, <\/strong>CEO and co-founder of Infinity, and <strong> Sherif El Kholy, <\/strong> longtime partner and head of MENA private equity at Actis. <\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/brics\/\">BRICS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/gas\/\">gas<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n              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href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/ukraine\/\">Ukraine<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/us\/\">US<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/what-were-tracking-today\/\">WHAT WE\u2019RE TRACKING TODAY<\/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    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      <a href=\"https:\/\/api.whatsapp.com\/send?text=Chinese+companies+could+design+and+build+Tunis-Bizerte+viaduct+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F08%2F21%2Fchinese-companies-could-design-and-build-tunis-bizerte-viaduct%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\/21\/chinese-companies-could-design-and-build-tunis-bizerte-viaduct\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/854.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"72886\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/08\/21\/chinese-companies-could-design-and-build-tunis-bizerte-viaduct\/854-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/854.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"854.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/854.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/854.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-72885\" class=\"content-area-description single-story post-72885 post type-post status-publish format-standard has-post-thumbnail hentry category-projects tag-china tag-enterprise-logistics tag-infrastructure tag-projects tag-tunisia wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/8\/.cca37d1b-dd57-4855-ab7b-9aaca4f09d33.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong> Tunisia receives two bids for Tunis-Bizerte viaduct contract: <\/strong>Tunisia has reportedly received bids from <a target=\"_blank\" href=\"https:\/\/www.scrbg.com\/outportal_en\/out_abut_en\/list.html\" style=\"\" rel=\"noopener\">Sichuan Road & Bridge Group<\/a> and China Railway Major Bridge Engineering Group for the contract to design and build its 2.1 km Tunis-Bizerte viaduct, <a target=\"_blank\" href=\"https:\/\/www.meed.com\/two-bid-for-tunis-viaduct-contract\" style=\"\" rel=\"noopener\">Meed<\/a> reports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> What we know: <\/strong> The bid submitted by Sichuan Road & Bridge Group was TD 610 mn (USD 197.5 mn), while China Railway Major Bridge Engineering Group offered TD 840 mn (USD 272 mn) for the contract, Meed reports. Tunisia\u2019s Equipment, Housing, and Land Planning Ministry qualified in 2022 eight of the 13 companies and consortiums that submitted statements of qualifications for the contract. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> The financing: <\/strong> The <a target=\"_blank\" href=\"https:\/\/www.eib.org\/en\/index\" style=\"\" rel=\"noopener\">European Investment Bank<\/a>(EIB) and <a target=\"_blank\" href=\"https:\/\/www.afdb.org\/en\" style=\"\" rel=\"noopener\">African Development Bank<\/a> are co-financing the viaduct \u2014 along with other related projects \u2014 through loans of <a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/8\/847.pdf\" style=\"\" rel=\"noopener\">EUR 123 mn (pdf)<\/a> each. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> About the project: <\/strong>The Tunis-Bizerte viaduct is part of a larger 9.5 km expressway designed to link Tunis to the town of Bizerte, comprising a southern road, a northern road, and the viaduct, which will cross a canal with three spans, according to the AFDB statement. The project should help foster trade by addressing the increased demand for cargo and passenger traffic at the crossing of Bizerte, which in turn would decongest access to three industrial zones and a port and bolster movement between the north and east regions of Tunisia.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/china\/\">China<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/projects\/\">PROJECTS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/tunisia\/\">Tunisia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"72887\" 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=\"72887\">\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\">Debt Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/08\/21\/ebrd-to-approve-usd-125-mn-loan-for-expansion-of-damietta-ports-second-container-terminal\/\">\r\n                            EBRD to approve USD 125 mn loan for expansion of Damietta Port's second container terminal                        <\/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\/21\/ebrd-to-approve-usd-125-mn-loan-for-expansion-of-damietta-ports-second-container-terminal\/\" 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\/21\/ebrd-to-approve-usd-125-mn-loan-for-expansion-of-damietta-ports-second-container-terminal\/')\">\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\/21\/ebrd-to-approve-usd-125-mn-loan-for-expansion-of-damietta-ports-second-container-terminal\/\">\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=EBRD to approve USD 125 mn loan for expansion of Damietta Port's second container terminal&url=https:\/\/enterpriseam.com\/logistics\/2023\/08\/21\/ebrd-to-approve-usd-125-mn-loan-for-expansion-of-damietta-ports-second-container-terminal\/\">\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\/21\/ebrd-to-approve-usd-125-mn-loan-for-expansion-of-damietta-ports-second-container-terminal\/&title=EBRD to approve USD 125 mn loan for expansion of Damietta Port's second container terminal\">\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=EBRD+to+approve+USD+125+mn+loan+for+expansion+of+Damietta+Port%27s+second+container+terminal+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F08%2F21%2Febrd-to-approve-usd-125-mn-loan-for-expansion-of-damietta-ports-second-container-terminal%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\/21\/ebrd-to-approve-usd-125-mn-loan-for-expansion-of-damietta-ports-second-container-terminal\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/931.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"72888\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/08\/21\/ebrd-to-approve-usd-125-mn-loan-for-expansion-of-damietta-ports-second-container-terminal\/931-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/931.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"931.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/931.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/931.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-72887\" class=\"content-area-description single-story post-72887 post type-post status-publish format-standard has-post-thumbnail hentry category-debt-watch tag-debt-watch tag-ebrd tag-egypt tag-enterprise-logistics tag-port 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\/.3d2130ff-7fb1-4217-85e0-6ac33dbd2075.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong> The European Bank for Reconstruction and Development (EBRD) is set to approve <\/strong><strong> a USD 125 mn loan for <\/strong><strong> the <\/strong><strong> expansion of Damietta Port's second container terminal <\/strong>on 4 October, according to a disclosure on the lender\u2019s <a target=\"_blank\" href=\"https:\/\/press.us9.list-manage.com\/track\/click?u=3f7bc576715ca1a70edef2788&id=72bd65c89d&e=cf6236a798\" style=\"\" rel=\"noopener\">website<\/a>. The bank\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2355832f-c95b-4862-98dc-bf706d99e5ac\" style=\"\" rel=\"noopener\">loan<\/a> will finance the \u201csuperstructure and purchase of equipment\u201d for the container terminal. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Where the money is going: <\/strong>The loan will finance the construction of the terminal, the cargo handling equipment, and workforce training. The lender is not financing dredging and quay wall constructions, which will be implemented by the Damietta Port Authority (DPA), according to the disclosure.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Details: <\/strong>The project, valued at USD 665 mn, is led by a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2355832f-c95b-4862-98dc-bf706d99e5ac\" style=\"\" rel=\"noopener\">consortium of European companies<\/a> including Hapag-Lloyd, Eurogate Terminals, and Contship Italia. They will establish the terminal under a 30-year build-operate-transfer framework, increasing the port's capacity to 4.7 mn TEUs by the third year of operation. The terminal will have a final capacity of 3.3 mn TEUs and is expected to begin operating by 2024.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Ownership structure: <\/strong>The joint venture will have ownership distributed among three European firms, with Hapag-Lloyd holding 39%, and Eurogate and Contship Italia each holding 29.5%. Additionally, two Egyptian private sector companies, Middle East Logistics & Consultants and CREW Egypt, will each hold a 1% stake.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/debt-watch\/\">DEBT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/ebrd\/\">EBRD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/port\/\">port<\/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=\"72889 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=\"72889\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/08\/21\/72889\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-72889\" class=\"content-area-description single-story post-72889 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\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=\"72890\" 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=\"72890\">\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\">Earnings Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/08\/21\/dp-worlds-net-income-falls-in-1h-2023-amid-weak-market-conditions\/\">\r\n                            DP World\u2019s net income falls in 1H 2023 amid weak market conditions                        <\/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\/21\/dp-worlds-net-income-falls-in-1h-2023-amid-weak-market-conditions\/\" 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\/21\/dp-worlds-net-income-falls-in-1h-2023-amid-weak-market-conditions\/')\">\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\/21\/dp-worlds-net-income-falls-in-1h-2023-amid-weak-market-conditions\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=DP World\u2019s net income falls in 1H 2023 amid weak market conditions&url=https:\/\/enterpriseam.com\/logistics\/2023\/08\/21\/dp-worlds-net-income-falls-in-1h-2023-amid-weak-market-conditions\/\">\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\/21\/dp-worlds-net-income-falls-in-1h-2023-amid-weak-market-conditions\/&title=DP World\u2019s net income falls in 1H 2023 amid weak market conditions\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=DP+World%E2%80%99s+net+income+falls+in+1H+2023+amid+weak+market+conditions+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F08%2F21%2Fdp-worlds-net-income-falls-in-1h-2023-amid-weak-market-conditions%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\/21\/dp-worlds-net-income-falls-in-1h-2023-amid-weak-market-conditions\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/922.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"72891\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/08\/21\/dp-worlds-net-income-falls-in-1h-2023-amid-weak-market-conditions\/922-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/922.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"922.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/922.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/922.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-72890\" class=\"content-area-description single-story post-72890 post type-post status-publish format-standard has-post-thumbnail hentry category-earnings-watch tag-dp-world tag-earnings-watch tag-enterprise-logistics tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/8\/.d8144b1d-e4b1-4804-a111-fcd47115bca3.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong> Dubai-based <\/strong><a target=\"_blank\" href=\"https:\/\/www.dpworld.com\/about-us\" style=\"\" rel=\"noopener\"><\/a> <strong><a target=\"_blank\" href=\"https:\/\/www.dpworld.com\/about-us\" style=\"\" rel=\"noopener\">DP World<\/a><\/strong><strong> \u2019s net income attributable to its owners fell 9.7% y-o-y to <\/strong><strong> USD 651 mn <\/strong><strong> in 1H 2023<\/strong>, amid a softer container market and weak economic conditions, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/8\/851.pdf\" style=\"\" rel=\"noopener\">financial statement (pdf)<\/a>. Despite the decline in net income, it managed to boost revenues by 13.9% y-o-y to USD 9 bn during the period due to its consolidation of Imperial Logistics\u2019 operations, which it <a target=\"_blank\" href=\"https:\/\/www.dpworld.com\/news\/releases\/dp-world-to-acquire-imperial\/\" style=\"\" rel=\"noopener\">acquired<\/a> last year. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> The breakdown: <\/strong>Revenues in the ports and terminals segment rose 3.7% y-o-y to USD 3.1 bn during the first half of the year, while the logistics sector reported a 36.15% y-o-y surge to reach USD 3.9 bn, according to DP World\u2019s <a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/8\/850.pdf\" style=\"\" rel=\"noopener\">interim results presentation (pdf)<\/a>. Revenues from its marine services, on the other hand, saw a 1.98% y-o-y drop to USD 2 bn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> MENA region driving growth: <\/strong> The Middle East, African, and European regions saw improved performance with total revenues from operations in the three regions rising 26% y-o-y to USD 6.5 bn. Net income also increased 35.8% y-o-y to USD 1.4 bn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> On the downside: <\/strong>Asia Pacific and India experienced subdued levels of activity in marine services on the back of lower freight rates, which resulted in a 17% y-o-y decrease in revenues to USD 1.1 bn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Looking ahead: <\/strong>The company is looking to invest some USD 2 bn in CAPEX in the UAE, Jeddah, London Gateway, Dakar, Callao, and DPW Logistics this year. It remains \u201cpositive\u201d on the outlook for global trade in the medium and long term, though it said uncertainty remains on the back of geopolitics, heightened inflation, interest rates, and volatility in exchange rates. <\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/dp-world\/\">DP World<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/earnings-watch\/\">EARNINGS WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"72892\" 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=\"72892\">\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\">Moves<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/08\/21\/oman-air-oman-airports-elect-new-boards-of-directors\/\">\r\n                            Oman Air + Oman Airports elect new boards of directors                        <\/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\/21\/oman-air-oman-airports-elect-new-boards-of-directors\/\" 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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Both boards will be chaired by Oman\u2019s Minister of Transport, Communications, and Information Technology Said Al Maawali. Oman Air and Oman Airports did not disclose who the new members of the board will be in their <a target=\"_blank\" href=\"https:\/\/twitter.com\/omanair\/status\/1692968369316667659\/photo\/1\" style=\"\" rel=\"noopener\">announcement<\/a>, though the new members have \u201cextensive global experience in the aviation sector,\u201d the statement said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> What the new boards have done so far: <\/strong>Oman Air\u2019s new board of directors approved the carrier\u2019s new organizational structure, board committees, and actions to implement a new financial sustainability program. Meanwhile, Oman Airports\u2019 new board has undertaken a review of the firm\u2019s strategy for the next five years, examined the company\u2019s financials for 1H 2023, appointed a new deputy chairman of the board, and approved committees serving under the board, ONA added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Background: <\/strong> The shakeup in Oman Air\u2019s leadership comes on the heels of a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/00dc2eac-1e4e-4526-a87a-50624de93ca1\" style=\"\" rel=\"noopener\">\u201ccomprehensive\u201d restructuring program<\/a> announced at the beginning of the month. The reforms look to address continued losses and the piling up of debt at the airline.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/moves\/\">MOVES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"72894\" 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=\"72894\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/08\/21\/dp-world-ad-ports-sign-mous-with-ethiopia-while-south-sudan-and-kenya-eye-stronger-trade-ties-plus-more-from-ksa-and-china-iran-and-india-and-jordan-and-turkey\/\">\r\n                            DP World, AD Ports sign MoUs with Ethiopia + South Sudan, Kenya eye stronger trade ties. PLUS: More from KSA and China, Iran and India, and Jordan and Turkey                        <\/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\/21\/dp-world-ad-ports-sign-mous-with-ethiopia-while-south-sudan-and-kenya-eye-stronger-trade-ties-plus-more-from-ksa-and-china-iran-and-india-and-jordan-and-turkey\/\" 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\/21\/dp-world-ad-ports-sign-mous-with-ethiopia-while-south-sudan-and-kenya-eye-stronger-trade-ties-plus-more-from-ksa-and-china-iran-and-india-and-jordan-and-turkey\/')\">\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\/21\/dp-world-ad-ports-sign-mous-with-ethiopia-while-south-sudan-and-kenya-eye-stronger-trade-ties-plus-more-from-ksa-and-china-iran-and-india-and-jordan-and-turkey\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=DP World, AD Ports sign MoUs with Ethiopia, while South Sudan and Kenya eye stronger trade ties. PLUS: More from KSA and China, Iran and India, and Jordan and Turkey&url=https:\/\/enterpriseam.com\/logistics\/2023\/08\/21\/dp-world-ad-ports-sign-mous-with-ethiopia-while-south-sudan-and-kenya-eye-stronger-trade-ties-plus-more-from-ksa-and-china-iran-and-india-and-jordan-and-turkey\/\">\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\/21\/dp-world-ad-ports-sign-mous-with-ethiopia-while-south-sudan-and-kenya-eye-stronger-trade-ties-plus-more-from-ksa-and-china-iran-and-india-and-jordan-and-turkey\/&title=DP World, AD Ports sign MoUs with Ethiopia, while South Sudan and Kenya eye stronger trade ties. PLUS: More from KSA and China, Iran and India, and Jordan and Turkey\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=DP+World%2C+AD+Ports+sign+MoUs+with+Ethiopia%2C+while+South+Sudan+and+Kenya+eye+stronger+trade+ties.+PLUS%3A+More+from+KSA+and+China%2C+Iran+and+India%2C+and+Jordan+and+Turkey+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F08%2F21%2Fdp-world-ad-ports-sign-mous-with-ethiopia-while-south-sudan-and-kenya-eye-stronger-trade-ties-plus-more-from-ksa-and-china-iran-and-india-and-jordan-and-turkey%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\/21\/dp-world-ad-ports-sign-mous-with-ethiopia-while-south-sudan-and-kenya-eye-stronger-trade-ties-plus-more-from-ksa-and-china-iran-and-india-and-jordan-and-turkey\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-72894\" class=\"content-area-description single-story post-72894 post type-post status-publish format-standard hentry category-diplomacy tag-china tag-diplomacy tag-enterprise-logistics tag-india tag-infrastructure tag-iran tag-jordan tag-saudi-arabia tag-trade 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\/.916ca557-3adf-4b3c-b36d-4dc7db9bba8c.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong> UAE + Ethiopia ink a handful of MoUs to boost cooperation: <\/strong>UAE\u2019s President Mohamed bin Zayed Al Nahyan and Ethiopian Prime Minister Abiy Ahmed witnessed the signing of several MoUs to enhance bilateral cooperation, Emirati news agency <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/details\/1395303187639\" style=\"\" rel=\"noopener\">WAM<\/a> reports. The MoUs included an agreement between DP World and the Ethiopian Ministry of Transport and Logistics, as well as one between Abu Dhabi Ports and Ethiopia Investment Holdings, though WAM did not provide details on the contents of the MoUs. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> South Sudan + Kenya eye infrastructure upgrades to boost trade: <\/strong>South Sudanese President Salva Kiir held talks on Saturday in Nairobi with his Kenyan counterpart William Ruto to discuss undertaking joint infrastructure projects to facilitate trade, according to a <a target=\"_blank\" href=\"https:\/\/www.president.go.ke\/kenya-south-sudan-joint-infrastructure-to-boost-regional-trade\/\" style=\"\" rel=\"noopener\">statement<\/a>. The two leaders agreed to complete the 11-km Nadapal-Nakodok road as well as capitalize on the African Continental Free Trade Agreement to strengthen trade and business activity between their countries. They also inked an MoU to extend a fiber optic cable across the Eldoret-Juba road. <\/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><strong> Saudi Arabia <\/strong> and <strong> China <\/strong> signed <strong> 12 MoUs <\/strong> worth some <strong> SAR 5 bn <\/strong> in <strong> infrastructure <\/strong>and housing developmenton the sidelines of the <strong> Saudi-Chinese Business Forum <\/strong> in <strong> Beijing<\/strong>. (<a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/891bfc6a1ad\" style=\"\" rel=\"noopener\">Saudi Press Agency<\/a>)<\/li>\n<li><strong> Indian Prime Minister <\/strong> Narendra Modi and <strong> Iranian President <\/strong>Ebrahim Raisi discussed finalizing the<strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/2b183644-00ca-41d7-a9ea-13d831b2518e\" style=\"\" rel=\"noopener\">long-term agreement<\/a><\/strong>between the two countries <strong> on Chabahar port<\/strong>. (<a target=\"_blank\" href=\"https:\/\/www.tasnimnews.com\/en\/news\/2023\/08\/19\/2942973\/india-ready-to-finalize-deal-with-iran-on-chabahar-port-completion-pm\" style=\"\" rel=\"noopener\">Tasnim<\/a>) <\/li>\n<li><strong> Saudi Environment, Water and Agriculture Minister <\/strong>Abdulrahman bin Abdulmohsen Al Fadhli met with <strong> Kazakh President <\/strong> Kassym-Jomart Tokayev to discuss <strong> boosting trade of agricultural products <\/strong> between the two countries. (<a target=\"_blank\" href=\"https:\/\/spa.gov.sa\/en\/3d73cc3f92h\" style=\"\" rel=\"noopener\">SPA<\/a>) <\/li>\n<li><strong> Jordan\u2019s Industry, Trade, and Supply Minister <\/strong> Yousef Shamali and <strong> Turkish <\/strong><strong> Ambassador to Jordan <\/strong> Erdem Ozan discussed arrangements to hold the first <strong> Joint Economic Committee <\/strong> between the two countries soon, while discussing ways to enhance commercial, investment, and <strong> trade cooperation<\/strong>. <a target=\"_blank\" href=\"https:\/\/petra.gov.jo\/Include\/InnerPage.jsp?ID=52024&lang=en&name=en_news&cat=en_news\" style=\"\" rel=\"noopener\">(Petra)<\/a> <\/li>\n<li>Iraq\u2019s <strong> Kurdistan regional government (KRG) <\/strong> and <strong> Iran\u2019s <\/strong>Secretary of the Supreme Council of Trade-Industrial and Special Economic Zones Hojjatollah Abdolmakeli inked an <strong> agreement <\/strong> to <strong> devel <\/strong><strong> op trade <\/strong> and <strong> economic cooperation <\/strong> between Iran\u2019s <strong> Maku <\/strong><strong> Freezone <\/strong> and the KRG. The KRG also proposed setting up <strong> commercial offices <\/strong> at <strong> border crossings <\/strong>to facilitate trade. (<a target=\"_blank\" href=\"https:\/\/www.tasnimnews.com\/en\/news\/2023\/08\/20\/2943304\/official-expounds-on-iran-s-investment-opportunities-for-iraq-s-krg-investors\" style=\"\" rel=\"noopener\">Tasnim<\/a>)<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/india\/\">India<\/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                            <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\/jordan\/\">Jordan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/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=\"72896\" 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=\"72896\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Logistics in the News<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/08\/21\/the-panama-canal-crisis-is-not-ending-anytime-soon-passenger-planes-are-taking-demand-away-from-freighters\/\">\r\n                            The Panama Canal Crisis is not ending anytime soon + Passenger planes are taking demand away from freighters                        <\/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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href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/logistics\/2023\/08\/21\/the-panama-canal-crisis-is-not-ending-anytime-soon-passenger-planes-are-taking-demand-away-from-freighters\/\">\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=The Panama Canal Crisis is not ending anytime soon + Passenger planes are taking demand away from freighters&url=https:\/\/enterpriseam.com\/logistics\/2023\/08\/21\/the-panama-canal-crisis-is-not-ending-anytime-soon-passenger-planes-are-taking-demand-away-from-freighters\/\">\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\/21\/the-panama-canal-crisis-is-not-ending-anytime-soon-passenger-planes-are-taking-demand-away-from-freighters\/&title=The Panama Canal Crisis is not ending anytime soon + Passenger planes are taking demand away from freighters\">\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=The+Panama+Canal+Crisis+is+not+ending+anytime+soon+%2B+Passenger+planes+are+taking+demand+away+from+freighters+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F08%2F21%2Fthe-panama-canal-crisis-is-not-ending-anytime-soon-passenger-planes-are-taking-demand-away-from-freighters%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\/21\/the-panama-canal-crisis-is-not-ending-anytime-soon-passenger-planes-are-taking-demand-away-from-freighters\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/933.JPG?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"72897\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/08\/21\/the-panama-canal-crisis-is-not-ending-anytime-soon-passenger-planes-are-taking-demand-away-from-freighters\/933-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/933.JPG?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"933.JPG\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/933.JPG?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/933.JPG?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-72896\" class=\"content-area-description single-story post-72896 post type-post status-publish format-standard has-post-thumbnail hentry category-logistics-in-the-news tag-aviation tag-enterprise-logistics tag-logistics-in-the-news tag-panama-canal 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\/.f93a2378-7177-4641-a409-21554ffd1a4c.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong> Shippers warned that Panama Canal issues will escalate in 2024: <\/strong>El Ni\u00f1o, which refers to the unusual warming of sea surface temperature in the eastern Pacific Ocean,is expected to further lower water levels at the Panama Canal, prolonging wait times and hiking costs in 1H 2024, <a target=\"_blank\" href=\"https:\/\/www.seatrade-maritime.com\/panama\/panama-canal-issues-will-hit-harder-2024-shippers-warned\" style=\"\" rel=\"noopener\">Seatrade Maritime<\/a> reports, citing Xenata chief analyst Peter Sand. The canal has been forced to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/fbe1c23e-8ea3-4f3b-9603-210a559ecc48\" style=\"\" rel=\"noopener\">limit new reserved slots<\/a> to 14 vessels per day, down from 16 vessels previously, with waiting times for large container ships rising to over 20 days, the <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/business\/logistics\/panama-canal-drought-causes-traffic-problems-ecd9d335\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a> reports. Vessel-tracking data shows more than 200 ships currently waiting to transit, the WSJ adds. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Air cargo faces <\/strong><strong> turbulence <\/strong><strong> as demand shifts: <\/strong>Air cargo initially surged amid Covid-19 border closures and supply chain disruptions, but now faces overcapacity and falling rates, as passenger planes\u2019 expanding belly capacity continues to threaten freighters, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/aerospace-defense\/air-travel-boom-creates-crosswinds-air-cargo-2023-08-18\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. This shift has caused cargo rates to drop by nearly a third over the past year. Several pilots have also left to occupy vacancies at passenger airlines amid the rebound in travel, compounding challenges for the USD 200 bn air cargo industry, which handles a third of global trade by value.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/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\/panama-canal\/\">Panama canal<\/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=\"72898\" 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=\"72898\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Also on Our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/08\/21\/new-china-uae-air-cargo-routes-singaporean-firm-to-submit-feasibility-studies-for-cargo-hub-at-cairo-airport-plus-more-on-shipping-data-centers-and-storage\/\">\r\n                            New China-UAE air cargo routes + Singaporean firm to submit feasibility studies for cargo hub at Cairo Airport. PLUS: More on shipping, data centers, and storage                        <\/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\/21\/new-china-uae-air-cargo-routes-singaporean-firm-to-submit-feasibility-studies-for-cargo-hub-at-cairo-airport-plus-more-on-shipping-data-centers-and-storage\/\" 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\/21\/new-china-uae-air-cargo-routes-singaporean-firm-to-submit-feasibility-studies-for-cargo-hub-at-cairo-airport-plus-more-on-shipping-data-centers-and-storage\/')\">\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\/21\/new-china-uae-air-cargo-routes-singaporean-firm-to-submit-feasibility-studies-for-cargo-hub-at-cairo-airport-plus-more-on-shipping-data-centers-and-storage\/\">\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=New China-UAE air cargo routes + Singaporean firm to submit feasibility studies for cargo hub at Cairo Airport. PLUS: More on shipping, data centers, and storage&url=https:\/\/enterpriseam.com\/logistics\/2023\/08\/21\/new-china-uae-air-cargo-routes-singaporean-firm-to-submit-feasibility-studies-for-cargo-hub-at-cairo-airport-plus-more-on-shipping-data-centers-and-storage\/\">\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\/21\/new-china-uae-air-cargo-routes-singaporean-firm-to-submit-feasibility-studies-for-cargo-hub-at-cairo-airport-plus-more-on-shipping-data-centers-and-storage\/&title=New China-UAE air cargo routes + Singaporean firm to submit feasibility studies for cargo hub at Cairo Airport. 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The new routes come as part of a wider partnership between the two airlines, which saw them <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/a59b43d4-1af9-4429-9f1b-d759aeed1c06\" style=\"\" rel=\"noopener\">ink<\/a> an MoU recently to boost cargo volumes in light of increased demand in the UAE, China, and around the world. They also signed a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/3cf02a18-0db3-410d-8004-08b964467dc3\" style=\"\" rel=\"noopener\">reciprocal capacity<\/a> agreement that allows Etihad to expand its reach to China by leveraging SF Airlines\u2019 network, and have created networks <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/15e51ca7-4a6d-457d-b51d-ea651abffd31\" style=\"\" rel=\"noopener\">connecting<\/a> Etihad Cargo\u2019s hub in Abu Dhabi with SF Airlines\u2019 Wuhan hub in April.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> About the services: <\/strong> SF Airlines\u2019 flight, which has a capacity of 200 tonnes of air express, will depart once a weekand will mainly handle general cargo, e-commerce goods, and express shipments by providing efficient and reliable air logistics between the two countries, <a target=\"_blank\" href=\"https:\/\/english.news.cn\/20230816\/6e09142644a4494c9b21e529648787c0\/c.html\" style=\"\" rel=\"noopener\">Xinhua News Agency<\/a> reports.Etihad Cargo also launched its own weekly freighter service from Abu Dhabi to Ezhua Huaha Airport on Friday, according to a <a target=\"_blank\" href=\"https:\/\/www.etihadcargo.com\/en\/news\/ezhou-welcomes-inaugural-etihad-cargo-flight\" style=\"\" rel=\"noopener\">press release<\/a>. The weekly flight will give Etihad Cargo access to 25 Chinese destinations including Shenzhen, Hangzhou, Chengdu and Nanjing, according to the release. Etihad Cargo is the first international airline other than SF airlines to operate flights to the airport. The airport provides a fast-handling sorting center, maintenance, repair and overhaul (MRO), and an international cargo terminal. <\/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:\/\/www.cairo-airport.com\/en-us\/\" style=\"\" rel=\"noopener\">Cairo Airport Company<\/a><\/strong><strong> and Singapore\u2019s <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.changiairport.com\/corporate.html\" style=\"\" rel=\"noopener\">Changi Airport Group (CAG)<\/a><\/strong><strong> sign <\/strong><strong> logistics MoU: <\/strong>Cairo Airport Company and Singapore\u2019s Changi Airport Group (CAG) have inked MoUs to boost freight capacity, improve passenger services, and work towards establishing a logistical hub at Cairo International Airport,according to an Egyptian cabinet <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0f2NmzfX6qjwci8DyrSJUXthq9FTzLEdq4pEoNeFMbNMoJWZz2favR5XrzFbgRiLql\" style=\"\" rel=\"noopener\">statement<\/a>. As per the agreement, CAG will run a feasibility study for the design, operation, management, and promotion of a logistical hub within the airport\u2019s premises. CAG will also provide consultations for improvements to operations at Cairo International Airport. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> SHIPPING + MARITIME- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Jeddah Islamic Port has been included on the Turkey Libya Express (TLX) service <\/strong><strong> run by <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.cma-cgm.com\/\" style=\"\" rel=\"noopener\">CMA CGM<\/a><\/strong>in partnership with <a target=\"_blank\" href=\"https:\/\/rsgt.com\/\" style=\"\" rel=\"noopener\">Red Sea Gateway Terminal (RSGT)<\/a>, according to a Saudi Ports Authority (Mawani) <a target=\"_blank\" href=\"https:\/\/mawani.gov.sa\/article?news=170823\" style=\"\" rel=\"noopener\">press release<\/a>. The weekly route links Jeddah to hubs in Shanghai, Ningbo, Nansha, Singapore, Iskenderun, Malta, Misurata, and Port Klang and is operated by nine vessels, with capacity exceeding 30k TEUs. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> DATA CENTERS- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> The first phase of Exahertz\u2019s USD 348 <\/strong><strong> mn data <\/strong><strong> processing and cryptocurrency <\/strong><strong> mining center in the Salalah Freezone has been completed<\/strong>, <a target=\"_blank\" href=\"https:\/\/omannews.gov.om\/topics\/en\/80\/show\/113756\/ona\" style=\"\" rel=\"noopener\">Oman News Agency<\/a> reports. The 312k sqm center is expected to achieve a quarter of its planned volume of production by the end of 2023. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> The <\/strong><strong> Jordan Capital and Investment Fund (JCIF) has acquired a significant stake in <\/strong><strong> Aqaba Digital City Group<\/strong>, amid rising demand for local digital services, <a target=\"_blank\" href=\"https:\/\/petra.gov.jo\/Include\/InnerPage.jsp?ID=52035&lang=en&name=en_news\" style=\"\" rel=\"noopener\">Petra<\/a> reports. Aqaba Digital City Group \u2014 which hosts the country\u2019s first data center \u2014 has a capacity of 6 megawatts. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> STORAGE + WAREHOUSING- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Arcapita is expanding its logistics presence in the UAE: <\/strong> Asset management firm <a target=\"_blank\" href=\"https:\/\/www.arcapita.com\/\" style=\"\" rel=\"noopener\">Arcapita<\/a> is acquiring <a target=\"_blank\" href=\"https:\/\/www.dsv.com\/en-ae\/\" style=\"\" rel=\"noopener\">DSV<\/a> Dubai\u2019s warehousing facilities in Jebel Ali Freezone (JAFZA) and Dubai Investments Park (DIP) through a sale and leaseback agreement, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/cbre-advises-dsv-on-its-collaboration-with-arcapita-to-acquire-dsvs-warehousing-facilities-in-dubai-x12a4eev\" style=\"\" rel=\"noopener\">press release<\/a>. The warehousing facilities cover an area of 99.9k sqm in JAFZA and 22.9k sqm in DIP. <\/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>India-based carrier <strong> IndiGo <\/strong> started operating <strong> daily flights <\/strong> to <strong> Abu Dhab <\/strong>i and <strong> Jeddah <\/strong>from<strong> Ahmedabad <\/strong>last week. (<a target=\"_blank\" href=\"https:\/\/www.goindigo.in\/press-releases\/indigo-commences-direct-flights-to-abu-dhabi-and-jeddah.html\" style=\"\" rel=\"noopener\">Statement<\/a>) <\/li>\n<li>Authorities have put together <strong> a special investigative committee <\/strong> to determine what caused <strong> a fire <\/strong> at <strong> two Aqaba Logistics Village warehouses <\/strong> on Wednesday. <strong> No deaths or injuries <\/strong> resulted from the fire. (<a target=\"_blank\" href=\"https:\/\/petra.gov.jo\/Include\/InnerPage.jsp?ID=52007&lang=en&name=en_news&cat=en_news\" style=\"\" rel=\"noopener\">Petra<\/a>)<\/li>\n<li>The <strong> Dubai Logistics City Customs Inspection Center <\/strong> discussed with the International Humanitarian City ways to <strong> ease procedures <\/strong> related to the <strong> movement <\/strong> of <strong> relief shipments <\/strong> across the globe. (<a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/government-news\/dubai-customs-facilitates-delivery-of-humanitarian-aid-shipments-j5r9kzoc\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li>Officials from <strong> Jeddah Islamic Port <\/strong>received the<strong> Consul-General of Italy <\/strong> Leonardo Costa to discuss <strong> potential investments<\/strong>. (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/feed\/update\/urn:li:activity:7098953882650701824\/\" style=\"\" rel=\"noopener\">Statement<\/a>) <\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/data-centers\/\">DATA CENTERS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/shipping-maritime\/\">SHIPPING + MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/storage-warehousing-2\/\">storage + warehousing<\/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=\"72900\" 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=\"72900\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Around the World<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/08\/21\/south-korea-has-a-new-shipping-company-india-settles-first-crude-oil-payment-with-uae-in-inr-plus-amazon-brings-back-amazon-shipping\/\">\r\n                            South Korea has a new shipping company + India settles first crude oil payment with UAE in INR. PLUS: Amazon brings back Amazon Shipping                        <\/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\/21\/south-korea-has-a-new-shipping-company-india-settles-first-crude-oil-payment-with-uae-in-inr-plus-amazon-brings-back-amazon-shipping\/\" 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\/21\/south-korea-has-a-new-shipping-company-india-settles-first-crude-oil-payment-with-uae-in-inr-plus-amazon-brings-back-amazon-shipping\/')\">\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\/21\/south-korea-has-a-new-shipping-company-india-settles-first-crude-oil-payment-with-uae-in-inr-plus-amazon-brings-back-amazon-shipping\/\">\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=South Korea has a new shipping company + India settles first crude oil payment with UAE in INR. 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The service handles packages sold on Amazon\u2019s website and other platforms, and can ship packages independently for businesses only if they sell their products on Amazon\u2019s platform. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> India\u2019s top refiner <\/strong><strong><a target=\"_blank\" href=\"https:\/\/iocl.com\/\" style=\"\" rel=\"noopener\">Indian Oil<\/a><\/strong><strong> has made a payment for oil from the UAE in INR for <\/strong><strong> the first time<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/india-makes-first-crude-oil-payment-uae-indian-rupees-2023-08-14\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported. The transaction was for the purchase of 1 mn barrels of oil from the UAE\u2019s state-owned Adnoc. This follows <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/83bd9535-abbd-402e-803e-7d14500b9a91\" style=\"\" rel=\"noopener\">talks<\/a> between the Reserve Bank of India and the UAE Central Bank on developing INR-AED trade as a means to boost trade and simplify customs procedures.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> South Korea\u2019s STX to spin off shipping subsidiary: <\/strong> South Korean trading firm <a target=\"_blank\" href=\"https:\/\/www.stx.co.kr\/eng\" style=\"\" rel=\"noopener\">STX<\/a> will spin off its shipping and logistics firm, tentatively dubbed STX Green Logis, ahead of a listing on the stock exchange next month, <a target=\"_blank\" href=\"https:\/\/www.koreaherald.com\/view.php?ud=20230816000702\" style=\"\" rel=\"noopener\">The Korea Herald<\/a> reported. The shares will be divided 80:20 between STX and STX Green Logis. For every 100 shares, shareholders will receive 23 shares in STX Green Logis and 77 shares in STX. The spin-off will allow STX to focus on trading raw materials, while the new entity will focus on the shipping and logistics business and chartering, STX 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><strong> Russian drone attacks <\/strong>last week<strong> damaged grain silos <\/strong> and <strong> warehouses in <\/strong>the Ukrainian port of <strong> Reni <\/strong>on the <strong> Danube river<\/strong>, an important wartime route for Ukraine\u2019s food exports. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/europe\/warehouses-grain-silos-damaged-russian-attacks-ukraines-danube-port-gov-2023-08-16\/\" style=\"\" rel=\"noopener\">Reuters<\/a>) <\/li>\n<li><strong> Apple <\/strong> has kicked off production on its<strong> iPhone 15 <\/strong>in <strong> Tamil Nadu <\/strong> in a bid to diversify its supply chain away from China. (<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-08-16\/apple-supplier-foxconn-begins-iphone-15-production-in-india?srnd=economics-trade\" style=\"\" rel=\"noopener\">Bloomberg<\/a>)<\/li>\n<li><strong> Taiwanese <\/strong> container player<strong> Evergreen <\/strong>has acquired a <strong> 20% stake <\/strong> in <strong> Rotterdam\u2019s <\/strong><strong> Euromax terminal <\/strong> for<strong> EUR 72.5 mn<\/strong>. (<a target=\"_blank\" href=\"https:\/\/splash247.com\/evergreen-buys-into-rotterdams-euromax-terminal\/\" style=\"\" rel=\"noopener\">Splash<\/a>) <\/li>\n<li><strong> India <\/strong> has slapped a<strong> 40% tax <\/strong> on the <strong> export of onions <\/strong> as Modi\u2019s government scrambles to keep<strong> domestic food prices <\/strong> in check in the face of a 15-month-high surge in inflation. (<a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/8\/904.pdf\" style=\"\" rel=\"noopener\">Circular, pdf<\/a>)<\/li>\n<li><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/b7486caa-0abd-418c-9c05-45f0e00f2d45\" style=\"\" rel=\"noopener\">Bankrupt<\/a> US trucking giant <strong><a target=\"_blank\" href=\"https:\/\/yrc.com\/\" style=\"\" rel=\"noopener\">Yellow<\/a><\/strong> will<strong> offload <\/strong>its <strong> real estate <\/strong> to <strong><a target=\"_blank\" href=\"https:\/\/www.estes-express.com\/\" style=\"\" rel=\"noopener\">Estate<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.estes-express.com\/\" style=\"\" rel=\"noopener\">Express Lines<\/a><\/strong>for <strong> USD 1.3 bn <\/strong> to help settle the company\u2019s outstanding debts. (<a target=\"_blank\" href=\"https:\/\/www.wsj.com\/articles\/bankrupt-trucker-yellow-taps-estes-express-for-1-3-billion-real-estate-sale-97d819f3\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a>) <\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/amazon\/\">Amazon<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/around-the-world\/\">AROUND THE WORLD<\/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\/south-korea\/\">South Korea<\/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=\"72902\" 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\/21\/72902\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-72902\" class=\"content-area-description single-story post-72902 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>August: Hassan Allam Utilities + Agility to open <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/491ecae1-659e-4c72-a549-deeca6466174\" style=\"\">Yanmu East logistics park<\/a><\/span><span>.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight: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>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>4-6 September (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/saudi-smic.com\/\" style=\"\">The Sustainable Maritime Industry Conference<\/a><\/span><span style=\"font-weight:400;\">, Ritz Carlton, Jeddah.<\/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>10-12 October (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/coollogisticsresources.com\/15th-cool-logistics-global-2023\/\" style=\"\">Cool Logistics Global 2023<\/a><\/span><span>, Genoa Stock Exchange, Genoa, Italy.<\/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=\"\">ICASM 2023<\/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 Oct-2 Nov (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/xlprojects.net\/meeting\/xlp-agm-2023\/\" style=\"\">XLP AGM 2023<\/a><\/span><span style=\"font-weight:400;\">, Barcelona, Spain. <\/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;\">NOVEMBER 2024<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>13-15 November (Wednesday-Friday): <\/span><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;\">, Sakhir Airbase, Bahrain.<\/span><\/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;\">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\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    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