{"id":74417,"date":"2023-10-25T01:15:00","date_gmt":"2023-10-25T01:15:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=74417"},"modified":"2025-12-15T13:33:26","modified_gmt":"2025-12-15T13:33:26","slug":"dp-world-tapped-for-arctic-route","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/dp-world-tapped-for-arctic-route\/","title":{"rendered":"DP World tapped for Arctic route"},"content":{"rendered":"<section id=\"74419\" 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=\"74419\">\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\/10\/25\/today-sca-announces-transit-fee-rebates-for-some-vessels-an-end-to-the-armenia-azerbaijan-conflict\/\">\r\n                            TODAY: SCA announces transit fee rebates for some vessels + an end to the Armenia-Azerbaijan conflict?                        <\/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\/10\/25\/today-sca-announces-transit-fee-rebates-for-some-vessels-an-end-to-the-armenia-azerbaijan-conflict\/\" 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data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1241.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1241.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1241.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1241.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-74419\" class=\"content-area-description single-story post-74419 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-diplomacy tag-enterprise-logistics tag-investment-watch tag-iran tag-russia tag-shipping-maritime tag-suez-canal tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/10\/.5493e7a5-1b0d-4e08-b4ee-31f9e88b1e1f.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, friends. <\/strong>We have a packed issue for you this morning in terms of big agreements and partnerships in the region, though the news cycle for logistics on the global front has relatively quieted down. <\/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><strong>Russian nuclear agency <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.rosatom.ru\/en\/\" style=\"\" rel=\"noopener\">Rosatom<\/a><\/strong><strong> and <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.dpworld.com\/en\" style=\"\" rel=\"noopener\">DP World<\/a><\/strong><strong> have set up a<\/strong><strong> joint <\/strong><strong>venture to develop container shipping through the Arctic<\/strong><strong>route<\/strong>, which has recently become viable due to the melting of arctic ice. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">^^ We have everything on this story and more in the news well, below.<\/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> PSA-<\/strong><strong>SCA announces transit fee rebates for some vessels: <\/strong>The Suez Canal Authority (SCA) will grant dry bulk ships moving between Egypt\u2019s Red Sea ports and South-West African ports a 20-45% rebate on transit fees, according to an authority <a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/10\/1207.pdf\" style=\"\" rel=\"noopener\">circular (pdf)<\/a>. Vessels coming from or heading to Ghana, Togo, Benin, or Nigeria will receive a 20% rebate, while those en route to or from Cameroon will receive a 45% discount. The decision will go into effect starting November and will last until the end of June 2024. <\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>A<\/strong><strong> British inland bulk carrier <\/strong><strong>sank in the German <\/strong><strong>North Sea<\/strong><strong>after colliding with another vessel<\/strong>, <a target=\"_blank\" href=\"https:\/\/splash247.com\/several-missing-after-cargo-ship-sinks-off-german-coast\/\" style=\"\" rel=\"noopener\">Splash<\/a> reports. The 2001-built 3.4k-dwt general cargo ship collided with 8k-dwt bulk carrier Polesie, which is still afloat, Splash reports. Four of the seven people who were on the ship are missing, and one has been confirmed dead. A search for the missing individuals is underway. <\/p>\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>Russian Foreign Minister Sergey Lavrov says that the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/19e98605-3beb-4912-b0a5-b01a9d403f51\" style=\"\" rel=\"noopener\">conflict<\/a><\/strong><strong> between<\/strong><strong> Armenia <\/strong><strong>and Azerbaijan is close to being resolved<\/strong>, Russian News Agency <a target=\"_blank\" href=\"https:\/\/tass.com\/world\/1695647\" style=\"\" rel=\"noopener\">Tass<\/a> reports. The announcement followed a meeting of foreign ministers from the member countries of the 3+3 format, which comprises Georgia, Armenia, and Azerbaijan. \u201cThe conflict has largely been resolved. Both sides have agreed that Karabakh belongs to Azerbaijan, and this was the main unresolved problem,\u201d Lavrov was quoted as saying. Practical steps are still necessary till the complete normalization of ties is realized, including the preparation of a peace treaty, the delimitation of borders, and the creation of unhindered transport and economic ties. <\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a> <strong>WATCH THIS SPACE #2-<\/strong><strong>Brazilian investments for a logistics center for re-exports in <\/strong><strong>the Suez Canal? <\/strong>The Arab-Brazilian Chamber of Commerce is reportedly conducting a feasibility study to establish a logistics center for re-exporting goods in the Suez Canal, with plans to submit a proposal to the Suez Canal Authority once the study is completely, <a target=\"_blank\" href=\"https:\/\/www.alborsaanews.com\/2023\/10\/24\/1726619\" style=\"\" rel=\"noopener\">Al Borsa<\/a> quotes Secretary General of the Arab-Brazilian Chamber of Commerce Tamer Mansour as saying. Brazilian investors and companies are looking to invest in the food, pharma, cosmetic, and medical equipment sectors in Egypt, Mansour added. Brazilian companies are set to visit Egypt on 12-14 December for the <a target=\"_blank\" href=\"https:\/\/foodafrica-expo.com\/?gclid=CjwKCAjw1t2pBhAFEiwA_-A-NJNrdjlyg_Y1uUL8SXzzD8fC1x7vQO6fgMV2EDEWSSL_tt_C7R86ihoC8vQQAvD_BwE\" style=\"\" rel=\"noopener\">Food Africa Cairo 2023<\/a> expo, where they are expected to establish partnerships between Egyptian and Brazilian companies, and enter new markets in Egypt and Africa. <\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;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\">\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>DATA POINT-<\/strong><strong>I<\/strong><strong>ran exported 67.7 bn tons of non-oil goods worth USD 24.1 mn in <\/strong><strong>1H 2023<\/strong>, <a target=\"_blank\" href=\"https:\/\/en.mehrnews.com\/news\/207505\/Iran-agricultural-food-exports-hit-3-5-bn-in-6-months\" style=\"\" rel=\"noopener\">Mehr News Agency<\/a> reported, citing Iranian spokesman of the House of Industry, Mine and Trade Development Commission Rouhollah Latifi. Some 3.5 mn tons of fish, livestock, agricultural, and food products worth USD 2.4 bn were exported, a 44% y-o-y increase in tonnage and a 37% y-o-y increase in value respectively, Mehr reported.<\/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;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>SCZone is in China: <\/strong>A delegation from Egypt\u2019s <a target=\"_blank\" href=\"https:\/\/sczone.eg\/\" style=\"\" rel=\"noopener\">Suez Canal Economic Zone<\/a> (SCZone), led by Chairman Walid Gamal El-Din, is on <a target=\"_blank\" href=\"https:\/\/sczone.eg\/ar\/%d9%85%d9%86-%d9%87%d8%a7%d9%86%d8%ba%d8%aa%d8%b4%d9%88-%d9%84%d8%b3%d9%88%d8%ac%d9%87%d9%88-%d8%a7%d9%82%d8%aa%d8%b5%d8%a7%d8%af%d9%8a%d8%a9-%d9%82%d9%86%d8%a7%d8%a9-%d8%a7%d9%84%d8%b3%d9%88%d9%8a\/\" style=\"\" rel=\"noopener\">tour<\/a> in China in the provinces of Suzhou and Hefei, after visiting Hangzhou to drum up investments from Chinese companies into Egypt\u2019s textile and garment industry and establish projects in the West Qantara Industrial Zone. <\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>The<\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.parcelandpostexpo.com\/en\/\" style=\"\" rel=\"noopener\">Parcel + Post Expo 2023<\/a><\/strong><strong> kicked off yesterday and runs through to Thursday in RAI Amsterdam, <\/strong><strong>Neth<\/strong><strong>erlands.<\/strong> The event brings together industry experts to network, showcase technologies, with a live conference featuring expert industry analysis and opinion. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The<\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.mofa.go.jp\/ms\/g7tm\/page22e_001045.html\" style=\"\" rel=\"noopener\">G7 Trade Ministers<\/a><\/strong><strong> meeting will take place at the Osaka International Convention <\/strong><strong>Center in Sakai, Osaka, Japan between 28 and 29 October.<\/strong> The event will bring together trade ministers from Canada, France, Germany, Italy, United States, United Kingdom, Germany and the European Union to discuss the changing environment surrounding trade, and growth of the global economy. <\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>The<\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.dpmc.ae\/\" style=\"\" rel=\"noopener\">Dubai Precious Metals Conference 2023<\/a><\/strong><strong> is taking place on 20-21 November <\/strong><strong>2023 at the ballroom at the SO\/ Uptown Dubai in the UAE.<\/strong> The event will bring together industry experts, innovators, and leaders to discuss emerging trends, technologies, and strategies driving the metals industry.<\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>Etihad Cargo will host the third iteration of <\/strong><strong><a target=\"_blank\" href=\"https:\/\/aircargoevent.net\/about-event\/\" style=\"\" rel=\"noopener\">ACE<\/a><\/strong><strong> in Abu Dhabi between 4 and 6 December<\/strong>. The conference brings together air cargo industry executives with expert speaker debates, workshops, and networking via a one-to-one meeting scheduler and in-person meetings. The event will focus on the air cargo sector in the Middle East. <\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>The<\/strong><strong><a target=\"_blank\" href=\"http:\/\/www.eaeunion.org\/?lang=en\" style=\"\" rel=\"noopener\">Eurasian Economic Union<\/a><\/strong><strong> (EAEU) <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.tasnimnews.com\/en\/news\/2023\/10\/17\/2973206\/tehran-to-host-2nd-eurasia-expo-tpoi-chief\" style=\"\" rel=\"noopener\">exhibition<\/a><\/strong><strong> is taking place from 4 to 7 <\/strong><strong>December at Tehran Permanent International Fairgrounds in Tehran, Iran<\/strong>. The exhibition will be attended by EAEU members, members of the Shanghai Cooperation Organization, and the Persian Gulf Cooperation Council, and will bring together domestic and foreign companies in the industrial, mineral, and agricultural fields to showcase their latest products at the event. Seminars and conferences on transport, trade, and tourism will take place on the sidelines of the event.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Check out our full calendar<\/strong> at the bottom of this email for a comprehensive listing of upcoming news events and news triggers.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/investment-watch\/\">INVESTMENT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" 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+ Maritime<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/10\/25\/dp-world-rosatom-set-up-usd-10-mn-jv-for-new-arctic-container-shipping-route\/\">\r\n                            DP World + Rosatom set up USD 10 mn JV for new Arctic container shipping route                        <\/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\/10\/25\/dp-world-rosatom-set-up-usd-10-mn-jv-for-new-arctic-container-shipping-route\/\" target=\"_blank\">\n                    Open in 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<div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1231.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"74423\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/10\/25\/dp-world-rosatom-set-up-usd-10-mn-jv-for-new-arctic-container-shipping-route\/1231-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1231.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1231.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1231.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1231.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-74422\" class=\"content-area-description single-story post-74422 post type-post status-publish format-standard has-post-thumbnail hentry category-shipping-maritime tag-shipping-maritime wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/12\/.da0156fc-32d6-49e6-9ed2-fac58f308d59.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Russia, DP World to jointly establish Arctic route for container transport:<\/strong>Russian nuclear agency <a target=\"_blank\" href=\"https:\/\/www.rosatom.ru\/en\/\" style=\"\" rel=\"noopener\">Rosatom<\/a> and <a target=\"_blank\" href=\"https:\/\/www.dpworld.com\/en\" style=\"\" rel=\"noopener\">DP World<\/a> have set up a joint venture to develop container shipping through the Arctic, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/russia-sets-up-joint-venture-with-dp-world-develop-arctic-sea-route-2023-10-24\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing a statement from Rosatom. The JV \u2014 dubbed International Container Logistics \u2014 has an authorized capital of USD 10.3 mn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>A unit of Rostom responsible for the designated infrastructure operator of the Northern Sea Route will hold a 51% share, while the Russian unit of DP World will own a 49% stake. The company\u2019s priorities are to complete the design of infrastructure facilities and specify the volume of investments necessary, Reuters said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About the route: <\/strong>The route \u2014 which spans from Murmansk located close to Russia's border with Norway to the Bering Strait near Alaska \u2014 <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/e0c96d2b-5448-436a-99a2-a2d531cf959c\" style=\"\" rel=\"noopener\">was only recently made viable<\/a> on the back of melting Arctic sea ice due to climate change. The route is currently being used mostly to ship hydrocarbons, and only operates nine months of the year due to the thick ice covering most of the route during winter months, but is expected to become a year-round trade route in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/25f6f835-359a-406b-84b5-f42e813f69e1\" style=\"\" rel=\"noopener\">2024<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The route can have significant benefits for Europe-Asia trade: <\/strong>The development of this route comes as one of Russia\u2019s key <a target=\"_blank\" href=\"https:\/\/www.thearcticinstitute.org\/arctic-2023-russian-foreign-policy-concept\/\" style=\"\" rel=\"noopener\">objectives<\/a> to boost trade between Europe and Asia, as Russia\u2019s focus shifts eastwards amid Western sanctions due to its war in Ukraine. The route slashes seven days off the 23 days it currently takes to sail from the North American east coast to the Bering Strait via the Russia-hugging Northern Sea Route.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Putin\u2019s been lobbying hard for the route: <\/strong>The move follows <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/43f6450d-e6e4-49ad-9129-82f64992421a\" style=\"\" rel=\"noopener\">talks<\/a> held by Russian President Vlademir Putin during China's Belt and Road forum, where he expressed optimism for the arctic corridor and invited investments. \u201cRussia is not just inviting its partners to actively use its transit potential. I will say more: we invite interested states to directly participate in its development,\u201d Putin said last week. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background:<\/strong> The two companies <a target=\"_blank\" href=\"https:\/\/www.rosatom-asia.com\/press-centre\/news\/rosatom-and-dp-world-sign-a-cooperation-agreement\/\" style=\"\" rel=\"noopener\">had partnered up back<\/a> in 2021 to collaborate on pilot container shipping between northwest Europe and east Asia through the Arctic. <\/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\/shipping-maritime\/\">SHIPPING + MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"74424\" 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=\"74424\">\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\">Projects<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/10\/25\/iran-armenia-ink-usd-210-bn-contract-to-build-strategic-road-as-part-of-north-south-corridor\/\">\r\n                            Iran + Armenia ink USD 210 bn contract to build strategic road as part of north-south corridor                        <\/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\/10\/25\/iran-armenia-ink-usd-210-bn-contract-to-build-strategic-road-as-part-of-north-south-corridor\/\" 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\/10\/25\/iran-armenia-ink-usd-210-bn-contract-to-build-strategic-road-as-part-of-north-south-corridor\/')\">\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\/10\/25\/iran-armenia-ink-usd-210-bn-contract-to-build-strategic-road-as-part-of-north-south-corridor\/\">\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=Iran + Armenia ink USD 210 bn contract to build strategic road as part of north-south corridor&url=https:\/\/enterpriseam.com\/logistics\/2023\/10\/25\/iran-armenia-ink-usd-210-bn-contract-to-build-strategic-road-as-part-of-north-south-corridor\/\">\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\/10\/25\/iran-armenia-ink-usd-210-bn-contract-to-build-strategic-road-as-part-of-north-south-corridor\/&title=Iran + Armenia ink USD 210 bn contract to build strategic road as part of north-south corridor\">\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=Iran+%2B+Armenia+ink+USD+210+bn+contract+to+build+strategic+road+as+part+of+north-south+corridor+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F10%2F25%2Firan-armenia-ink-usd-210-bn-contract-to-build-strategic-road-as-part-of-north-south-corridor%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\/10\/25\/iran-armenia-ink-usd-210-bn-contract-to-build-strategic-road-as-part-of-north-south-corridor\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-74424\" class=\"content-area-description single-story post-74424 post type-post status-publish format-standard hentry category-projects tag-enterprise-logistics tag-infrastructure tag-iran tag-projects 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\/10\/.916ee4a0-9e1e-4234-8fee-454f7bedc0ee.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Iran + Armenia to construct part of International North-South Transport Corridor: <\/strong>Iran and Armenia have signed a contract for the construction of the Agarak-Kajaran Road, covering the southern section of of the International North-South Transport Corridor (INSTC), <a target=\"_blank\" href=\"https:\/\/en.irna.ir\/news\/85268730\/Iran-Armenia-ink-contract-to-construct-part-of-North-South-corridor\" style=\"\" rel=\"noopener\">Islamic Republic News Agency<\/a> (IRNA) reports. Construction work is scheduled to begin at the end of the year and to be completed within three years, Russian news agency <a target=\"_blank\" href=\"https:\/\/interfax.com\/newsroom\/top-stories\/95744\/\" style=\"\" rel=\"noopener\">Interfax<\/a> reports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>The contract includes building five interchanges, six overpasses, two tunnels with a length of 920 meters, and 17 bridges, according to Interfax. The upgrades could save 30 minutes of travel time in comparison to the currently available route, Armenian Economy Minister Vahan Kerobyan is quoted as saying. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Who\u2019s footing the bill? <\/strong>The program is financed by loans from the Eurasian Development Bank and co-financing from the Armenian government, the Russian news agency said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REFRESHER-<\/strong> The 7.2k-km INSTC serves as an <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/6779dbde-de87-427d-af2e-f500dff48b90\" style=\"\" rel=\"noopener\">artery for trade<\/a> between South Asia and Europe, comprising ship, rail, and road routes. The INSTC links Russia, India, Iran, and Azerbaijan.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said: <\/strong>\u201cThe implementation of the project for the construction of the southern section of the North-South highway, implemented jointly with the Iranian side, will have a great impact on the economy of Armenia; in particular, a positive impact on GDP of about 0.4% is expected,\u201d Interfax quotes Kerobyan as telling reporters.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Iran + Armenia are looking to deepen their ties:<\/strong> Iran and Armenia earlier this week agreed to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/edition\/logistics\/222e8d1c-4649-4c41-a1b2-2f9014950ce9\" style=\"\" rel=\"noopener\">construct another bridge<\/a> over the Aras river, which passes through Armenia and Iran, to boost freight traffic, as well as scrap road duties for cargo transport. The two also announced that they intend to increase their annual bilateral trade to USD 3 bn, <a target=\"_blank\" href=\"https:\/\/www.tehrantimes.com\/news\/490509\/Iran-inks-deal-to-construct-part-of-INSTC-in-Armenia\" style=\"\" rel=\"noopener\">Tehran Times<\/a> reports. <\/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\/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\/projects\/\">PROJECTS<\/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=\"74426 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=\"74426\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/10\/25\/74426\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-74426\" class=\"content-area-description single-story post-74426 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=\"https:\/\/yanmuparks.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/959.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=\"74427\" 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=\"74427\">\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\">Investment Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/10\/25\/neom-dsv-to-establish-usd-10-bn-logistics-jv\/\">\r\n                            Neom + DSV to establish USD 10 bn logistics JV                        <\/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\/10\/25\/neom-dsv-to-establish-usd-10-bn-logistics-jv\/\" 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\/10\/25\/neom-dsv-to-establish-usd-10-bn-logistics-jv\/')\">\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\/10\/25\/neom-dsv-to-establish-usd-10-bn-logistics-jv\/\">\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=Neom + DSV to establish USD 10 bn logistics JV&url=https:\/\/enterpriseam.com\/logistics\/2023\/10\/25\/neom-dsv-to-establish-usd-10-bn-logistics-jv\/\">\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\/10\/25\/neom-dsv-to-establish-usd-10-bn-logistics-jv\/&title=Neom + DSV to establish USD 10 bn logistics JV\">\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=Neom+%2B+DSV+to+establish+USD+10+bn+logistics+JV+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F10%2F25%2Fneom-dsv-to-establish-usd-10-bn-logistics-jv%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\/10\/25\/neom-dsv-to-establish-usd-10-bn-logistics-jv\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-74427\" class=\"content-area-description single-story post-74427 post type-post status-publish format-standard hentry category-investment-watch tag-enterprise-logistics tag-infrastructure tag-investment-watch tag-saudi-arabia 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\/10\/.5cdaaf41-d67f-4c37-8171-3770940f6e3a.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Neom + DSV form USD 10 bn logistics JV:<\/strong> Saudi Arabia\u2019s mega project <a target=\"_blank\" href=\"https:\/\/www.neom.com\/en-us?gclid=Cj0KCQjwhL6pBhDjARIsAGx8D5-U_5VEV7-8n7zkeTmQEYlF8180XU78mEx1PCIfkp8XyJID0JAhvb4aAhdiEALw_wcB\" style=\"\" rel=\"noopener\">Neom<\/a> and Danish transport logistics firm <a target=\"_blank\" href=\"https:\/\/www.dsv.com\/en\/\" style=\"\" rel=\"noopener\">DSV<\/a> are establishing a USD 10 bn logistics joint venture to provide logistics services for Neom, according to a <a target=\"_blank\" href=\"https:\/\/www.dsv.com\/en\/about-dsv\/press\/news\/com\/2023\/10\/neom-and-dsv-establish-usd-10-billion-logistics-joint-venture\" style=\"\" rel=\"noopener\">press release<\/a>. The shareholders have committed some USD 5 bn in funding until 2031 for the JV, which is expected to create some 20k jobs. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Ownership breakdown: <\/strong>Neom will hold a 51% stake in the JV, while DSV will hold the remaining 49%, according to the release. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>The JV will provide ground, sea, and air logistics services for the delivery of goods within the city, as well as supply chain management, development, and investments in infrastructure and logistics and transport assets. A portion of the JV\u2019s revenues will also be allocated to developing technologies and commercializing new sustainable next-generation logistics solutions, including establishing an innovation center at the Neom\u2019sOxagon, according to the press release.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The rationale:<\/strong> Neom is expecting high demand for construction logistics up until 31 December 2031, as well as sustained growth in the non-construction logistics sector later, according to the statement. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The timeline:<\/strong> The partnership is awaiting regulatory approvals that are expected to be obtained in 2Q 2024, according to the press release, which does not indicate the timeline for kicking off the JV\u2019s operations. <\/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\/infrastructure\/\">INFRASTRUCTURE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/investment-watch\/\">INVESTMENT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/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=\"74429\" 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=\"74429\">\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\">Storage + Warehousing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/10\/25\/saudi-aramco-knoc-sign-oil-storage-agreement-to-reserve-5-3-mn-barrels-of-oil-over-five-years\/\">\r\n                            Saudi Aramco + KNOC sign oil storage agreement to reserve 5.3 mn barrels of oil over five years                        <\/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\/10\/25\/saudi-aramco-knoc-sign-oil-storage-agreement-to-reserve-5-3-mn-barrels-of-oil-over-five-years\/\" 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\/10\/25\/saudi-aramco-knoc-sign-oil-storage-agreement-to-reserve-5-3-mn-barrels-of-oil-over-five-years\/')\">\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\/10\/25\/saudi-aramco-knoc-sign-oil-storage-agreement-to-reserve-5-3-mn-barrels-of-oil-over-five-years\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Saudi Aramco + KNOC sign oil storage agreement to reserve 5.3 mn barrels of oil over five years&url=https:\/\/enterpriseam.com\/logistics\/2023\/10\/25\/saudi-aramco-knoc-sign-oil-storage-agreement-to-reserve-5-3-mn-barrels-of-oil-over-five-years\/\">\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\/10\/25\/saudi-aramco-knoc-sign-oil-storage-agreement-to-reserve-5-3-mn-barrels-of-oil-over-five-years\/&title=Saudi Aramco + KNOC sign oil storage agreement to reserve 5.3 mn barrels of oil over five years\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Saudi+Aramco+%2B+KNOC+sign+oil+storage+agreement+to+reserve+5.3+mn+barrels+of+oil+over+five+years+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F10%2F25%2Fsaudi-aramco-knoc-sign-oil-storage-agreement-to-reserve-5-3-mn-barrels-of-oil-over-five-years%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\/10\/25\/saudi-aramco-knoc-sign-oil-storage-agreement-to-reserve-5-3-mn-barrels-of-oil-over-five-years\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1216.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"74430\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/10\/25\/saudi-aramco-knoc-sign-oil-storage-agreement-to-reserve-5-3-mn-barrels-of-oil-over-five-years\/1216-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1216.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1216.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1216.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1216.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-74429\" class=\"content-area-description single-story post-74429 post type-post status-publish format-standard has-post-thumbnail hentry category-storage-warehousing tag-energy tag-enterprise-logistics tag-oil-and-gas tag-saudi-arabia tag-storage-warehousing-2 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\/10\/.c1e8552c-6d93-48d4-8b8e-c1c0cda8bcd7.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Saudi oil giant Aramco inked an oil storage agreement with Korea <\/strong><strong>National Oil <\/strong><strong>Corp (KNOC) to store 5.3 mn barrels of oil for five years<\/strong>, state-owned South Korean news agency <a target=\"_blank\" href=\"https:\/\/en.yna.co.kr\/view\/AEN20231023007900320\" style=\"\" rel=\"noopener\">Yonhap<\/a> reports. The move follows South Korean President Yoon Suk Yeol\u2019s visit to Riyadh where he met with Saudi Crown Prince Mohammed bin Salman.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details:<\/strong> The oil will be stored in South Korea\u2019s southeastern port city of Ulsan, Reuters adds. The majority of Saudi crude will be Arab Light grade, <a target=\"_blank\" href=\"https:\/\/www.spglobal.com\/commodityinsights\/en\/market-insights\/latest-news\/oil\/102323-korea-national-oil-corp-to-store-53-mil-barrels-of-saudi-crude-oil\" style=\"\" rel=\"noopener\">S&P Global<\/a> cites a KNOC official as saying. An initial shipment of 2 mn barrels will be sent to the country soon, the source adds. KNOC will have the right to purchase the oil held in reserve in emergencies, the official said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said: <\/strong>\u201cThe agreement, which comes at a time when oil prices are fluctuating due to political instability in the Middle East due to the armed conflict between Israel and Hamas, would boost South Korea's energy security by preemptively attracting large volumes of Middle Eastern sour crude,\u201d KNOC said in a statement.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The agreement is good news for both KSA + South Korea:<\/strong>The storage agreement boosts South Korea\u2019s supply security as it shifts away from Russian oil, South Korean refiners told S&P Global. It also helps Saudi Arabia gain a bigger market share in Asia. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This is not the first storage agreement between Gulf oil producers and South Korea: <\/strong>KNOC also <a target=\"_blank\" href=\"https:\/\/www.businesskorea.co.kr\/news\/articleView.html?idxno=111355\" style=\"\" rel=\"noopener\">secured a storage agreement<\/a> with Adnoc to store 4 mn oil barrels earlier this year.<\/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\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/oil-and-gas\/\">oil and gas<\/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\/storage-warehousing-2\/\">storage + warehousing<\/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=\"74431\" 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=\"74431\">\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\">Zones<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/10\/25\/egypt-is-set-to-see-a-network-of-green-foods-centers-by-2024\/\">\r\n                            Egypt is set to see a network of green foods centers by 2024                        <\/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\/10\/25\/egypt-is-set-to-see-a-network-of-green-foods-centers-by-2024\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The centers will have refrigeration, packing, and sorting facilities and will target both foreign and local markets. Private sector firms will be involved in the design, building, and operation of the new hubs, according to the statement.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Green food centers? <\/strong>The centers, which will be developed in partnership with the French Development Agency, will minimize food waste by implementing a more contained and sustainable supply chain. The centers will also recycle food waste using renewable energy.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The first center will be in Ismailia:<\/strong> The first center in Ismailia will need investments of EGP 3-4 bn, Deputy Supply Minister Ibrahim Ashmawy said in an interview with Asharq Business (<a target=\"_blank\" href=\"https:\/\/twitter.com\/AsharqbEGY\/status\/1716460086560780598?s=20\" style=\"\" rel=\"noopener\">watch, runtime: 5:52<\/a>). The first phases of the project will kick off in 2024 and it is expected to be completed within two years, Ashmawy added. The Ismailia project will cover an area of 100 feddans and will be strategically located near major sea ports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The centers are poised to boost food security<\/strong>, decrease waste, and provide sustainable infrastructure to strengthen value chains with the private sector, the statement said. <\/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\/agriculture\/\">agriculture<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/cold-chain\/\">cold chain<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/logistics-handling\/\">LOGISTICS HANDLING<\/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=\"74433\" 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=\"74433\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Also on Our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/10\/25\/modon-inks-logistics-agreements-with-chinese-and-japanese-firms-gulf-printing-and-packaging-expands-facility-at-kezad-plus-more-from-mai-dubai\/\">\r\n                            Modon inks logistics agreements with Chinese and Japanese firms + Gulf Printing and Packaging expands facility at Kezad. PLUS: More from Mai Dubai                        <\/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\/10\/25\/modon-inks-logistics-agreements-with-chinese-and-japanese-firms-gulf-printing-and-packaging-expands-facility-at-kezad-plus-more-from-mai-dubai\/\" 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\/10\/25\/modon-inks-logistics-agreements-with-chinese-and-japanese-firms-gulf-printing-and-packaging-expands-facility-at-kezad-plus-more-from-mai-dubai\/')\">\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\/10\/25\/modon-inks-logistics-agreements-with-chinese-and-japanese-firms-gulf-printing-and-packaging-expands-facility-at-kezad-plus-more-from-mai-dubai\/\">\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=Modon inks logistics agreements with Chinese and Japanese firms + Gulf Printing and Packaging expands facility at Kezad. 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PLUS: More from Mai Dubai\">\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=Modon+inks+logistics+agreements+with+Chinese+and+Japanese+firms+%2B+Gulf+Printing+and+Packaging+expands+facility+at+Kezad.+PLUS%3A+More+from+Mai+Dubai+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F10%2F25%2Fmodon-inks-logistics-agreements-with-chinese-and-japanese-firms-gulf-printing-and-packaging-expands-facility-at-kezad-plus-more-from-mai-dubai%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\/10\/25\/modon-inks-logistics-agreements-with-chinese-and-japanese-firms-gulf-printing-and-packaging-expands-facility-at-kezad-plus-more-from-mai-dubai\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1223.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"74434\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/10\/25\/modon-inks-logistics-agreements-with-chinese-and-japanese-firms-gulf-printing-and-packaging-expands-facility-at-kezad-plus-more-from-mai-dubai\/1223-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1223.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1223.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1223.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1223.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-74433\" class=\"content-area-description single-story post-74433 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-china tag-enterprise-logistics tag-evs tag-saudi-arabia tag-trucking 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\/10\/.d0ef8546-8250-4bd9-97db-3f11e2ad718f.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ZONES-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>The<\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.modon.gov.sa\/en\/MediaCenter\/Pages\/default.aspx\" style=\"\" rel=\"noopener\">Saudi Authority for Industrial Cities and Technology Zones<\/a><\/strong><strong> (Modo<\/strong><strong>n) has inked <\/strong><strong>three logistics agreements with Chinese and Japanese firms <\/strong>at the Supply Chain and Logistics Conference in Riyadh to provide third party services in industrial cities, <a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/en\/N1984615\" style=\"\" rel=\"noopener\">Saudi Press Agency<\/a> (SPA) reported. The agreements include allocating land in Riyadh\u2019s second industrial city in Dammam to <a target=\"_blank\" href=\"https:\/\/www.tad.ae\/\" style=\"\" rel=\"noopener\">TAD Logistics<\/a>, allocating a ready logistics unit in Dammam\u2019s second industrial city to <a target=\"_blank\" href=\"https:\/\/www.kwe.com\/\" style=\"\" rel=\"noopener\">Kintetsu World Express<\/a>, and a partnership with <a target=\"_blank\" href=\"https:\/\/ajlogist.com\/\" style=\"\" rel=\"noopener\">AJ Logistics<\/a>, SPA said, without clarifying the terms of the agreement with AJ. <\/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.gpp-ae.com\/\" style=\"\" rel=\"noopener\">Gulf Printing & Packaging<\/a><\/strong><strong> (GPP) has signed an agreement with <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.kezadgroup.com\/\" style=\"\" rel=\"noopener\">Khalifa Economic Zones<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.kezadgroup.com\/\" style=\"\" rel=\"noopener\">Abu Dhabi<\/a><\/strong><strong>(KEZAD) <\/strong><strong>for an expansion of its facilities at Kezad Al <\/strong><strong>Ma\u2019mourah<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.adportsgroup.com\/en\/news-and-media\/2023\/10\/24\/kezad-group-signs-expansion-agreement-with-gulf-printing-and-packaging\" style=\"\" rel=\"noopener\">press release<\/a>. The expansion encompasses an area exceeding 45k square meters, increasing GPP\u2019s footprint to 67k square meters. This marks its second expansion since 2021, resulting in a threefold increase in the size of its facility. <\/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>Water company <strong><a target=\"_blank\" href=\"https:\/\/www.maidubaiwater.com\/\" style=\"\" rel=\"noopener\">Mai Dubai<\/a><\/strong> has added <strong>electric trucks<\/strong> to its <strong>delivery fleet,<\/strong>falling in line with the <strong>UAE\u2019s sustainable transportation objectives<\/strong>. (<a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/mai-dubai-introduces-electric-truck-to-delivery-fleet-moves-closer-to-uaes-sustainable-mobility-goals-l6rb4e3e\" style=\"\" rel=\"noopener\">Press release<\/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\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/evs\/\">EVs<\/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\/trucking\/\">trucking<\/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=\"74435\" 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\/10\/25\/74435\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-74435\" class=\"content-area-description single-story post-74435 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;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">OCTOBER<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;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;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>24-26 October ( Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.parcelandpostexpo.com\/en\/\" style=\"\">Parcel + Post Expo 2023<\/a><\/span><span style=\"font-weight:400;\">, RAI Amsterdam, Netherlands. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;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;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>28-29 October (Saturday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.mofa.go.jp\/ms\/g7tm\/page22e_001045.html\" style=\"\">G7 Trade Ministers Meeting<\/a><\/span><span style=\"font-weight:400;\">, Osaka International Convention Center, Sakai, Osaka, Japan.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;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;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;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;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>31 Oct-2 Nov (Tuesday-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;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;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;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700\">NOVEMBER<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>November: Abu Dhabi Airports <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.adairports.ae\/english\/media-centre\/press-releases\/2023\/2023-08-31-New-Terminal-Starting-November-2023\" style=\"\">Terminal A<\/a><\/span><span style=\"font-weight:400;\"> set to become operational.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;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;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>11-13 November (Saturday-Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/gcc-turkiye.net\/\" style=\"\">GCC-T\u00fcrkiye Economic Forum<\/a><\/span><span style=\"font-weight:400;\">, \u00c7\u0131ra\u011fan Palace Kempinski Hotel, Istanbul, Turkey.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;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-African Trade Fair<\/a><\/span><span style=\"font-weight:400;\">, Cairo, Egypt.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>15-17 November (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.df-alliance.com\/events\/global-freight-summit\" style=\"\">Global Freight Summit 2023<\/a><\/span><span style=\"font-weight:400;\">, Coca Cola Arena, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;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;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>17-18 November (Friday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.tasnimnews.com\/en\/news\/2023\/10\/10\/2969619\/17th-iran-turkmenistan-joint-economic-commission-planned-in-ashgabat-next-month\" style=\"\">17th Iran-Turkmenistan Joint Economic Commission<\/a><\/span><span style=\"font-weight:400;\">, Ashgabat, Turkmenistan. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;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;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;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;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;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, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>20-21 November(Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.dpmc.ae\/\" style=\"\">Dubai Precious Metals Conference<\/a><\/span><span style=\"font-weight:400;\">, SO\/ Uptown, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;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;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;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;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;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:\/\/www.zawya.com\/en\/press-release\/events-and-conferences\/arabal-2023-conference-to-be-held-in-the-kingdom-of-saudi-arabia-xwmxj8fj\" style=\"\">ARABAL 2023 Conference<\/a><\/span><span style=\"font-weight:400;\">, Hilton Riyadh Hotel & Residences, Riyadh, Saudi Arabia. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;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;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;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;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;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;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">DECEMBER <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>4-6 December (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ajot.com\/news\/ethihad-cargo-hosts-third-ace-conference-in-the-middle-east\" style=\"\">ACE 23 Air Cargo Conference<\/a><\/span><span style=\"font-weight:400;\">, Yas Island Hotel, Abu Dhabi, UAE<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>4-7 December (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.tasnimnews.com\/en\/news\/2023\/10\/17\/2973206\/tehran-to-host-2nd-eurasia-expo-tpoi-chief\" style=\"\">Eurasian Economic Union (EAEU) exhibition<\/a><\/span><span style=\"font-weight:400;\">, Tehran Permanent International Fairgrounds, Tehran, Iran.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>10-11 December (Sunday-Monday): <\/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;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>12-14 December (Tuesday-Thursday):<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/foodafrica-expo.com\/?gclid=CjwKCAjw1t2pBhAFEiwA_-A-NJNrdjlyg_Y1uUL8SXzzD8fC1x7vQO6fgMV2EDEWSSL_tt_C7R86ihoC8vQQAvD_BwE\" style=\"\">Food Africa Cairo 2023<\/a><\/span><span>, Egypt International Exhibition Center, Cairo, Egypt.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700\">EVENTS WITH NO SET DATE<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>2H 2023:<\/span><span style=\"font-weight:400;\">Construction of Neom\u2019s first hydrogen fueling station will kick off.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:400;\">2H 2023: Expansion of Baghdad International Airport to begin.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;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;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;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;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">2024<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;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;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:400;\">1Q 2024: Egypt\u2019s Transport Ministry to launch pre-qualification tender for Cairo-Alex freight railway.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>1H 2024: Civil Construction subcontracts for construction firms in Oman for implementation of the Abu Dhabi - Suhar rail link to be <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/projects\/construction\/oman-etihad-rail-project-to-unlock-major-construction-opportunities-pvugtzq8\" style=\"\">announced<\/a><\/span><span style=\"font-weight:400;\">. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"\">King Salman Energy Park is set to become operational in 2024<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700\">FEBRUARY 2024<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;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;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;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, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;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, South Africa. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;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, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">MARCH 2024<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;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;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;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, Hong Kong.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>20 March (Wednesday): Construction work scheduled to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.tasnimnews.com\/en\/news\/2023\/09\/18\/2957794\/iran-russia-finalizing-contract-for-constructing-rasht-astara-railway\" style=\"\">begin<\/a><\/span><span> on the 162 km <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/223b92ed-a104-4975-97a7-f7e0895b479b\" style=\"\">Rasht-Astara Railway<\/a><\/span><span style=\"font-weight:400;\"> in Iran.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">APRIL 2024<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>30 April- 2 May(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;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">MAY 2024<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;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;\">, Hotel President Wilson, Geneva, Switzerland.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>21-23 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.linkedin.com\/posts\/airports-council-international-asia-pacific_airportsinnovate-airport-riyadh-activity-7100771294358487040-tFm9\/?utm_source=share&utm_medium=member_desktop\" style=\"\">WAGA 2024<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">JUNE 2024<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;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;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">OCTOBER 2024<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>6-8 October (Sunday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.routesonline.com\/news\/29\/breaking-news\/299662189\/press-release-routes-world-officially-handed-over-to-2024-host-bahrain-international-airport\/\" style=\"\">Routes World 2024<\/a><\/span><span style=\"font-weight:400;\">, Bahrain.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">NOVEMBER 2024<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;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;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">DECEMBER 2024<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;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;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">2025<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;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;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;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;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:400;\">1Q 2025: Sadr Park\u2019s Logistics Center in Riyadh to be completed. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">2027<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;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    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Iran, Armenia ink USD 210 bn strategic road contract | Neom + DSV set up USD 10 bn JV | SCA announces transit fee rebates<\/p>\n","protected":false},"featured_media":74418,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-74417","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"c4abcf18-b5b8-4199-8f23-10390f5ea6a9","teaser":"Iran, Armenia ink USD 210 bn strategic road contract | Neom + DSV set up USD 10 bn JV | SCA announces transit 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