{"id":74493,"date":"2023-10-30T02:15:00","date_gmt":"2023-10-30T02:15:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=74493"},"modified":"2025-12-15T13:34:44","modified_gmt":"2025-12-15T13:34:44","slug":"progress-on-the-instc","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/progress-on-the-instc\/","title":{"rendered":"Progress on the INSTC"},"content":{"rendered":"<section id=\"74495\" 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=\"74495\">\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\/30\/today-israel-to-pay-compensations-for-vessels-damaged-in-war-has-the-eu-lifted-the-ban-on-iraqi-airways\/\">\r\n                            TODAY: Israel to pay compensations for vessels damaged in war + Has the EU lifted the ban on Iraqi Airways?                        <\/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\/30\/today-israel-to-pay-compensations-for-vessels-damaged-in-war-has-the-eu-lifted-the-ban-on-iraqi-airways\/\" 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data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1403.JPG?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1403.JPG\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1403.JPG?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1403.JPG?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-74495\" class=\"content-area-description single-story post-74495 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-aviation tag-enterprise-logistics tag-israel-hamas-war tag-oil tag-shipping-maritime tag-trade 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\/.8ab0239b-0f46-4246-a369-1c85382311c6.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 relatively packed issue for you this morning, so let\u2019s dive in. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG LOGISTICS STORY- I<\/strong><strong>ran and Russia are set to invest some USD 38 bn in the development of Trans-<\/strong><strong>Caspian shipping lines as part of t<\/strong><strong>he <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/2e0b417e-fef6-47bb-9f25-628d52abec79\" style=\"\" rel=\"noopener\">International North-South Transport Corridor<\/a><\/strong> (INSTC). Over in the UAE, Amazon has inked an agreement with Hamriyah Freezone to set up a logistics center. <\/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\"><strong>HAPPENING THIS WEEK-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt1\"><\/a> <strong>The two-day <\/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 wrapped yesterday in Japan with an emphasis on supply chain resilience and the need to crack down on \u201ccoercion,\u201d<\/strong>according to their joint <a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/10\/1393.pdf\" style=\"\" rel=\"noopener\">communique (pdf)<\/a>.The G7 trade ministers called for the \u201cimmediate repeal\u201d of import bans on Japanese foodstuffs, purportedly referring to Chinese restrictions, according to <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/g7-calls-immediate-repeal-bans-japanese-food-pressing-china-2023-10-29\/\" style=\"\" rel=\"noopener\">Reuters<\/a>. Despite not mentioning China by name, the statement denounced Chinese actions that seek to \u201cweaponize\u201d trade, the newswire wrote. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u201cWe also acknowledge the need for further efforts to build resilient and reliable supply chains for critical goods such as critical minerals, semiconductors, and batteries<\/strong>,\u201d the statement said, after expressing \u201cconcern\u201d over recent export controls on graphite by China, the world\u2019s top producer of the critical mineral, the newswire said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Transit alo<\/strong><strong>ng Ukraine\u2019s temporary Black Sea C<\/strong><strong>orridor resumes after a 3-day <\/strong><strong>pause: <\/strong>Four vessels departed from Ukrainian ports through its new export corridor on Friday, after initially suspending transit due to threats from Russian airstrikes and mines, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/europe\/cargo-ships-moving-via-ukraines-black-sea-corridor-after-3-day-pause-stc-2023-10-27\/#:~:text=Europe-,Cargo%20ships%20moving%20via%20Ukraine's%20Black,after%203%2Dday%20pause%20%2DSTC&text=KYIV%2C%20Oct%2027%20(Reuters),transport%20sector%20consultancy%20STC%20said.\" style=\"\" rel=\"noopener\">Reuters<\/a> reported, citing transport consultancy <a target=\"_blank\" href=\"https:\/\/stc-group.nl\/en\/international\/\" style=\"\" rel=\"noopener\">STC<\/a>. Ukraine has been making use of the maritime corridor to restart seaborne exports after Russia <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e7579b8d-f9db-4def-9a0a-5fa8274ac3d4\" style=\"\" rel=\"noopener\">quit a UN-brokered agreement<\/a> in July.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DISRUPTION WATCH-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt2\"><\/a> <strong>Israel to c<\/strong><strong>ompensate shipowners with vessels damaged<\/strong><strong> due to the war:<\/strong> Israel will award compensation for \u201cwar damage\u201d incurred by Israeli or foreign-owned vessels operating in the country\u2019s economic waters, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/israel-pay-compensation-ships-damaged-gaza-war-2023-10-26\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported, citing a statement by Israel\u2019s tax authority. Israel will pay 100% of the \u201cactual damage,\u201d which is the difference in value of the asset before the incident and after it was damaged.The country is also taking measures to cut down risks to vessels calling at its ports, the newswire added, citing government advisories. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background:<\/strong> Israel relies on seaborne imports for much of its trade needs, including consumer goods and food. The ongoing conflict with Hamas has seen war risk ins. premiums multiply tenfold since fighting began and some vessels have rerouted away from the port of Ashdod to ports that are farther away from Gaza, the newswire wrote.<\/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=\"wwtt3\"><\/a> <strong>WATCH THIS SPACE #1- Has the EU lifted its flight ban on Iraqi Airways? <\/strong>Iraqi Airways is set to operate seven weekly flights to the German cities of Dusseldorf, Frankfurt, Berlin, and Munich, and the Danish capital Copenhagen starting 10 November, <a target=\"_blank\" href=\"https:\/\/ina.iq\/eng\/29447-mot-the-resumption-of-direct-flights-between-iraq-germany-and-denmark.html\" style=\"\" rel=\"noopener\">Iraqi News Agency<\/a> (INA) reported, citing the Iraqi Transport Ministry\u2019s media office. The announcement indicates that the bloc is lifting a ban on the airline put in place since 2015 over safety concerns, Iraqi news outlet <a target=\"_blank\" href=\"https:\/\/www.rudaw.net\/english\/middleeast\/iraq\/28102023\" style=\"\" rel=\"noopener\">Rudaw<\/a> explains. The launching of these flights \u201cwill serve the Iraqi community and open new horizons of cooperation between Iraq and those countries,\u201d INA quoted Transport Minister Al Saadawi as saying. The flights will be operated through Baghdad, Najaf, and Erbil airports, the transportation ministry\u2019s director of media and communication Maitham al-Safi told Rudaw.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WATCH THIS SPACE #2- <\/strong><strong>Azerbaijan to drop proposed land corridor with Armenia:<\/strong> Azerbaijan is no longer interested in a land corridor running through Armenia to the Azeri enclave of Nakhichevan, and will instead turn to neighboring Iran on the issue, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/asia-pacific\/armenia-says-pashinyan-aliyev-talks-cancelled-after-baku-pulled-out-tass-2023-10-25\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing a senior Azerbaijani official. After the two sides failed to agree on the opening of the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/19e98605-3beb-4912-b0a5-b01a9d403f51\" style=\"\" rel=\"noopener\">Zangezur corridor<\/a> \u2014 which would run through Armenia, \u201cthe project has lost its attractiveness,\u201d Hikmet Hajiyev, a top foreign policy adviser to the Azerbaijani president, told Reuters. Azerbaijan will instead discuss the matter with Iran, as this could help reduce tensions around southern Armenia, which the Azerbaijani president has referred to as historically Azeri land, Reuters explains.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Azerbaijan has already posited an alternative corridor through Iran:<\/strong> Azerbaijan\u2019s Nakhchivan railway is set to pass through Iran\u2019s Nakhjavan area instead of through Armenian soil, as an alternative to the proposed Zangezur corridor, Azeri President Ilham Aliyev <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/19e98605-3beb-4912-b0a5-b01a9d403f51\" style=\"\" rel=\"noopener\">has said<\/a>. The commercial corridor is being implemented based on an agreement to establish a route between Azerbaijan and the Nakhchivan via Iranian territory.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WATCH THIS SPACE #3- <\/strong><strong>The US could potentially ramp up crude oil sanctions against Iran over <\/strong><strong>its<\/strong><strong> support for Hamas<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2023\/10\/25\/us-to-tighten-sanctions-on-iran-crude-oil-rbcs-helima-croft-says.html\" style=\"\" rel=\"noopener\">CNBC<\/a> reports, citing head of global commodity strategy at RBC Capital Markets Helima Croft. The West and the Biden administration could \u201cat a minimum\u201d consider restricting Iranian exports, which have risen above pre-2018 levels, when the Trump administration reimposed sanctions on Tehran\u2019s crude. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WATCH THIS SPACE #4 -<\/strong><strong>Abu Dhabi Airport to award Al Falah Development Works contract likely to be <\/strong><strong>awarded in Q4<\/strong><strong>:<\/strong> Abu Dhabi Airports is expected to award the main infrastructure construction contract for its Al Falah Development Works 1A Phase (Package No.2) by 4Q 2023, according to an undisclosed source cited by <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/projects\/construction\/contract-for-al-falah-development-works-in-abu-dhabi-likely-to-be-awarded-in-q4-f194fk4k\" style=\"\" rel=\"noopener\">Zawya<\/a>. Bids have already been submitted ahead of the 15 August deadline, Zawya adds. The scope of work for the contract will cover logistics infrastructural developments, including the development of roads, electrical and mechanical facilities infrastructure, telecommunications networks, and fences and gates for the bonded freezone area. The project is said to be targeted at logistics institutions, aviation-related businesses, and e-commerce retailers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background:<\/strong>According to the source, the project is set to be completed and commissioned in 1Q 2025. Abu Dhabi-based engineering contracting company <a target=\"_blank\" href=\"https:\/\/ae.linkedin.com\/company\/al-falah-holding\" style=\"\" rel=\"noopener\">Al Falah Holding<\/a> is developing the project, which is located near Abu Dhabi International Airport, and which includes parts of the <a target=\"_blank\" href=\"https:\/\/www.adafz.ae\/english\/\" style=\"\" rel=\"noopener\">Abu Dhabi Airports Freezone<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DATA POINT-<\/strong><strong>Hamad International Airport (DOH) handled 590.7k tons of cargo in 3Q 2023, <\/strong><strong>up 3.38% y-o-y, <\/strong>according to a <a target=\"_blank\" href=\"https:\/\/dohahamadairport.com\/press-releases\/news\/hamad-international-airport-reports-2684-increase-passenger-traffic-during\" style=\"\" rel=\"noopener\">statement<\/a>. The airport also saw a 24.48% y-o-y increase in aircraft movements during the same period, with 67.3k aircraft movements recorded. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MARKET WATCH-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Oil prices r<\/strong><strong>ally 3% on concerns of escalation in the Middle East:<\/strong> Oil prices spiked 3% to a one-week high on Friday on concerns over a wider Middle East conflict as Israel\u2019s army and air force stepped up their operations in Gaza, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/oil-set-first-weekly-drop-three-mideast-situation-holds-2023-10-27\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported. Brent futures gained 2.9% to settle at USD 90.48 a barrel, while West Texas Intermediate (WTI) inched up 2.8% to USD 85.54, Reuters said. The latest gains have put Brent\u2019s premium over WTI at its highest since March, making US crude more attractive for energy players. Brent and WTI were down 2% and 4% for the week, with daily trading seeing numerous highs and lows as the market tried to keep up with conflicting news updates. \u201cWe are at the mercy of the next headline ... and I think that's kind of what we've been seeing today with the price swings,\u201d an analyst told the newswire. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Ye<\/strong><strong>men could be a flash point for global oil markets:<\/strong> A potential collapse in peace talks between Iranian-backed Houthi militias and Saudi Arabia and the UAE over the Hamas-Israel war could usher in more uncertainty for global oil markets, <a target=\"_blank\" href=\"https:\/\/www.spglobal.com\/commodityinsights\/en\/market-insights\/latest-news\/oil\/102723-yemen-seen-as-new-flash-point-for-nervous-oil-markets-analysts\" style=\"\" rel=\"noopener\">S&P Global<\/a> writes, citing analysts. The Houthis have attacked oil refining facilities in Saudi Arabia in the past and have access to weapons that could threaten shipping in the strategic Bab el-Mandeb strait. There are also signs that the Houthis may become embroiled in the ongoing Hamas-Israel conflict, the report said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This is all concerning, since o<\/strong><strong>il demand is expected to peak this decade:<\/strong> Global demand for oil, coal, and natural gas will peak this decade as the shift towards renewables and electric vehicles moves the world away from fossil fuels, the <a target=\"_blank\" href=\"https:\/\/www.iea.org\/\" style=\"\" rel=\"noopener\">International Energy Agency<\/a> (IEA) said in its annual <a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/10\/1204.pdf\" style=\"\" rel=\"noopener\">World Energy Outlook report (pdf<\/a>). The IEA expects global oil demand to peak at around 102 mn barrels per day in the late 2020s before dropping to 97 mn b\/d by 2050 if governments maintain their current energy policies.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We could do better:<\/strong> The agency says that demand could drop to 93 mn b\/d in 2030 if governments commit to their national energy and climate targets and even 77 mn b\/d if they carry out further policy changes to reach net zero by 2050. \u201cThe transition to clean energy is happening worldwide and it\u2019s unstoppable. It\u2019s not a question of if, it\u2019s just a matter of how soon,\u201d IEA Executive Director Fatih Birol said in a <a target=\"_blank\" href=\"https:\/\/www.iea.org\/news\/the-energy-world-is-set-to-change-significantly-by-2030-based-on-today-s-policy-settings-alone\" style=\"\" rel=\"noopener\">statement<\/a> accompanying the report.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>But, this may be too optimistic of an outlook:<\/strong> The IEA\u2019s optimistic outlook comes shortly after OPEC published its 2023 <a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/10\/1209.pdf\" style=\"\" rel=\"noopener\">World Oil Outlook (pdf)<\/a>, where it upped its long-term oil demand outlook to 116 mn b\/d by 2045, a 5% jump from its 2022 forecast. The figure has \u201cpotential to be even higher,\u201d the alliance of oil producers said. Chevron CEO Mike Wirth told the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/1902a8ef-7078-47e2-8a62-b6f0050ed569\" style=\"\" rel=\"noopener\">Financial Times<\/a> that the IEA\u2019s forecast is not even \u201cremotely right.\u201d<\/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>AD Ports is set to host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.iaphworldports.org\/news\/iaphnews\/14601\/\" style=\"\" rel=\"noopener\">International Association of Ports and Harbors (IAPH) World\u2019s<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.iaphworldports.org\/news\/iaphnews\/14601\/\" style=\"\" rel=\"noopener\">Ports Conference-Abu Dhabi 2023<\/a><\/strong><strong> from 31 October to 2 November<\/strong>, at the Abu Dhabi National Exhibition Center, under the theme \u2018Reinventing Ports\u2019. The event will bring together more than 100 speakers, from port operators to influential figures in the industry, to network and share expertise on the 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><a target=\"_blank\" href=\"https:\/\/dubaibusinessforum.com\/\" style=\"\" rel=\"noopener\">Dubai Business Forum<\/a><\/strong><strong> is set to take place on 1-2 November at Madinat Jumeirah, in Dubai. <\/strong>The event will bring together top business leaders to boost business partnerships and networking.<\/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 target=\"_blank\" href=\"https:\/\/transportlogisticsea.com\/\" style=\"\" rel=\"noopener\">Transport Logistic Southeast Asia<\/a><\/strong><strong> is taking plac<\/strong><strong>e between 1-3 November at the Sands <\/strong><strong>Expo and Convention Centre in Singapore.<\/strong> The event is the largest trade show for transportation and logistics, mobility, IT, and supply chain management in the Southeast Asia region. The exhibition will bring together service providers to meet, network and trade with top buyers from the region, and feature expert speakers who will provide insight on future topics.<\/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.dubaiairshow.aero\/dubai-airshow-2023-registration?gclid=Cj0KCQjwhfipBhCqARIsAH9msbm1jmhqBM2pNwcT4P9aAM3UWOqevml2tIsNagbK77f9d6JU0JczlSsaAtWSEALw_wcB\" style=\"\" rel=\"noopener\">Dubai Air Show<\/a><\/strong><strong> will be held from 13-17 November<\/strong> at DWC, at the Dubai Airshow site, in Dubai. The event will feature over 180 aircraft including business jets, drones, commercial airlines, military jets, helicopters, and electric vertical take-off and landing (eVTOL) aircraft. The event will also gather decision makers to discuss the latest trends and challenges across the aviation industry, and how to drive sustainable aviation operations.<\/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\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/israel-hamas-war\/\">Israel-Hamas war<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" 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101.255c-9.335-9.379-9.317-24.544.04-33.901l22.667-22.667c9.373-9.373 24.569-9.373 33.941 0L285.475 239.03c9.373 9.372 9.373 24.568.001 33.941z\"><\/path><\/svg><\/button><\/div><\/div><div class=\"stk-block-carousel__dots\" role=\"list\" data-label=\"Slide %%d\"><\/div><\/div><\/div>\r\n        <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"74498\" 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=\"74498\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">Investment Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/10\/30\/iran-russia-to-put-forward-usd-38-bn-for-instc\/\">\r\n                            Iran + Russia to put forward USD 38 bn for INSTC                        <\/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\/30\/iran-russia-to-put-forward-usd-38-bn-for-instc\/\" 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 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data-attachment-id=\"74499\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/10\/30\/iran-russia-to-put-forward-usd-38-bn-for-instc\/1376-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1376.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1376.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1376.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1376.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-74498\" class=\"content-area-description single-story post-74498 post type-post status-publish format-standard has-post-thumbnail hentry category-investment-watch tag-enterprise-logistics tag-infrastructure tag-investment-watch tag-iran tag-rail tag-russia wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/10\/.1e13ce4a-1d73-4b80-b31b-32682f82d199.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Iran and Russia are set to invest some USD 38 bn in the development of Trans-<\/strong><strong>Caspian shipping lines as part of t<\/strong><strong>he <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/2e0b417e-fef6-47bb-9f25-628d52abec79\" style=\"\" rel=\"noopener\">International North-South Transport Corridor<\/a><\/strong> (INSTC), <a target=\"_blank\" href=\"https:\/\/www.tehrantimes.com\/news\/490655\/Iran-Russia-to-invest-38b-in-developing-INSTC\" style=\"\" rel=\"noopener\">Tehran Times<\/a> reports, citing Iran\u2019s Maritime News Agency. Russia will contribute 35% of the funds, while Iran will contribute 34%, the outlet quotes the Iranian director of the Russian Port of Solyanka Dariush Jamali as saying. Kazakhstan will also contribute some 16.5% of the funding, according to the <a target=\"_blank\" href=\"https:\/\/eabr.org\/en\/press\/news\/edb-report-the-international-north-south-transport-corridor-s-importance-is-growing-rapidly-\/\" style=\"\" rel=\"noopener\">Eurasian Development Bank<\/a> (EDB).<\/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<\/a> for trade between South Asia and Europe, comprising ship, rail, and road routes. The INSTC links Russia, India, Iran, and Azerbaijan. The corridor is the shortest route for commodity transportation, and provides a logistical choice of three routes for shipping containers, grain, metals, wood products, food, and other commodities. The routes include the western, via Azerbaijan, western via Kazakhstan and Turkmenistan, and the trans-Caspian via Caspian seaports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong><strong>Countries are reorienting their logistics for new infrastructure for the INSTC: <\/strong>Investment projects for the INSTC include infrastructure developments and easing border crossing procedures across the countries involved, projects that will require over USD 38 bn in investments, according to an EDB estimate from 2022. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Progress on the Iranian side for INSTC: <\/strong>The Islamic Republic of Iran Shipping Line (IRISL) has also purchased 30 rail wagons and 5.4k containers, as well as order the construction of 21 equipped vessels for the maritime routes of the corridor to boost capacity at the Solyanka Port, Jamali is quoted as saying. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Iran has been actively filling in the infrastructure gaps: <\/strong>Iran and Russia agreed back in May to construct the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/6779dbde-de87-427d-af2e-f500dff48b90\" style=\"\" rel=\"noopener\">EUR 1.6 bn Rasht-Astara railway<\/a>, which would complete a missing link of 162 km between Rasht in Iran and Astara in Azerbaijan once completed in four years. Iran also inked an agreement for <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/2e0b417e-fef6-47bb-9f25-628d52abec79\" style=\"\" rel=\"noopener\">Agarak-Kajaran Road<\/a>, which covers part of the INSTC, last week. The work is to be financed by loans from the EDB, with construction set to begin at the end of the year, and completed within three years.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/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\/iran\/\">Iran<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/rail\/\">RAIL<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/russia\/\">Russia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"74500\" 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=\"74500\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">Zones<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/10\/30\/amazon-uae-to-launch-new-logistics-center-in-hamriyah-freezone\/\">\r\n                            Amazon UAE to launch new logistics center in Hamriyah freezone                        <\/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\/30\/amazon-uae-to-launch-new-logistics-center-in-hamriyah-freezone\/\" 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\/30\/amazon-uae-to-launch-new-logistics-center-in-hamriyah-freezone\/')\">\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\/30\/amazon-uae-to-launch-new-logistics-center-in-hamriyah-freezone\/\">\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=Amazon UAE to launch new logistics center in Hamriyah freezone&url=https:\/\/enterpriseam.com\/logistics\/2023\/10\/30\/amazon-uae-to-launch-new-logistics-center-in-hamriyah-freezone\/\">\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\/30\/amazon-uae-to-launch-new-logistics-center-in-hamriyah-freezone\/&title=Amazon UAE to launch new logistics center in Hamriyah freezone\">\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=Amazon+UAE+to+launch+new+logistics+center+in+Hamriyah+freezone+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F10%2F30%2Famazon-uae-to-launch-new-logistics-center-in-hamriyah-freezone%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\/30\/amazon-uae-to-launch-new-logistics-center-in-hamriyah-freezone\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-74500\" class=\"content-area-description single-story post-74500 post type-post status-publish format-standard hentry category-zones tag-e-commerce tag-enterprise-logistics tag-storage-warehousing-2 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\/.7380b0a1-a71e-426c-b259-6ea8c2bc3427.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Amazon UAE inked a lease <\/strong><strong>agreement with H<\/strong><strong>amriyah FreeZone <\/strong><strong>Authority (HFZA) <\/strong><strong>to set up a new logistics center <\/strong>in the freezone in Sharjah, aimed at boosting delivery services for customers in the northern emirates, Emirati news agency <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/details\/1395303214709\" style=\"\" rel=\"noopener\">WAM<\/a> reports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said: <\/strong>\u201cOur collaboration with Hamriyah Free Zone Authority is yet another stride in our journey of growth across the UAE. The free zone\u2019s modern infrastructure and operational support will bring us closer to meeting our customers\u2019 ever-evolving need for convenience, speed and selection,\u201d Vice President of Amazon MENA Ronaldo Mouchawar was quoted as saying.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Amazon is ramping up its presence in the region:<\/strong> Amazon <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/20d59713-e42a-438d-9020-d0c0724ef7cb\" style=\"\" rel=\"noopener\">opened<\/a> a fulfillment center in Dubai in March, upping its storage capacity by 70%. Amazon Saudi <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/22086049-2165-4e82-9994-47ce93b76995\" style=\"\" rel=\"noopener\">also established<\/a> a fulfillment center in Riyadh in June, which spans 390k square feet across five floors and has a storage capacity of 2.7 mn cubic feet, doubling Amazon\u2019s total storage capacity in KSA.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/e-commerce\/\">e-commerce<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/storage-warehousing-2\/\">storage + warehousing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/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=\"74502\" 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=\"74502\">\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\">Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/10\/30\/egypt-turkey-look-to-boost-trade-eye-freight-line-and-cross-border-banks\/\">\r\n                            Egypt, Turkey look to boost trade, eye freight line and cross-border banks                        <\/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\/30\/egypt-turkey-look-to-boost-trade-eye-freight-line-and-cross-border-banks\/\" 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\/30\/egypt-turkey-look-to-boost-trade-eye-freight-line-and-cross-border-banks\/')\">\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\/30\/egypt-turkey-look-to-boost-trade-eye-freight-line-and-cross-border-banks\/\">\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=Egypt, Turkey look to boost trade, eye freight line and cross-border banks&url=https:\/\/enterpriseam.com\/logistics\/2023\/10\/30\/egypt-turkey-look-to-boost-trade-eye-freight-line-and-cross-border-banks\/\">\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\/30\/egypt-turkey-look-to-boost-trade-eye-freight-line-and-cross-border-banks\/&title=Egypt, Turkey look to boost trade, eye freight line and cross-border banks\">\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=Egypt%2C+Turkey+look+to+boost+trade%2C+eye+freight+line+and+cross-border+banks+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F10%2F30%2Fegypt-turkey-look-to-boost-trade-eye-freight-line-and-cross-border-banks%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\/30\/egypt-turkey-look-to-boost-trade-eye-freight-line-and-cross-border-banks\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-74502\" class=\"content-area-description single-story post-74502 post type-post status-publish format-standard hentry category-trade tag-banking tag-dedollarization tag-egypt tag-enterprise-logistics tag-rail tag-trade tag-turkey 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\/.b89e0f5f-7e3c-479c-86c6-e9d5c2b1f6ba.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Egypt + Turkey eyeing stronger economic cooperation: <\/strong>EgyptianTrade Minister Ahmed Samir met with his Turkish counterpart \u00d6mer Bolat to discuss strengthening logistics and trade cooperation, as well as broadening their trade agreement, according to a <a target=\"_blank\" href=\"https:\/\/twitter.com\/omerbolatTR\/status\/1717941233199297000\/photo\/4\" style=\"\" rel=\"noopener\">statement.<\/a> The two ministers inked a joint statement outlining the steps towards achieving USD 15 mn in annual trade volumes, according to a <a target=\"_blank\" href=\"https:\/\/twitter.com\/omerbolatTR\/status\/1717915560304902201\" style=\"\" rel=\"noopener\">statement<\/a> by Bolat. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Expanding traded goods + easing customs: <\/strong>They <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02as4SZWN39t39G4ibQRAbHubHENuGMethaWUuicfYRAytrabaGUAw8DxuJJmJ4yhVl\" style=\"\" rel=\"noopener\">also discussed<\/a> trading more agricultural products as part of a trade agreement between the two countries, which they also want to review by looking at barriers to trade, customs duties, and new forms of trade like digital and service trade. Bolet also mentioned adding white goods, electronics, automotive and automotive supply industry, textiles, chemicals, healthcare, banking, and software as part of traded goods and services between the two countries in a separate <a target=\"_blank\" href=\"https:\/\/twitter.com\/omerbolatTR\/status\/1718275397127664012\" style=\"\" rel=\"noopener\">post<\/a> on X. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Non-usd bilateral trade on the cards: <\/strong>The two nations looked into promoting the use of national currencies in trade exchanges to help promote trade between them, the statement adds. They also agreed to open banks in each other\u2019s country to facilitate transfer of information, as well as responses to inquiries regarding the matter. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A freight line might also be in the works: <\/strong>The Trade Ministry also suggested studying the possibility of establishing a roll-on, roll-off freight line linking the two nations.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Egypt and Turkey want to boost trade volumes by 50% to USD 15 bn in the next five years, the Trade Minister <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a015ecda-9182-4acf-8e81-1b72a3f2e028\" style=\"\" rel=\"noopener\">said<\/a> in August. There were also rumors from Egyptian <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e5817500-ac5a-430e-9f9b-d29ccfaa663b\" style=\"\" rel=\"noopener\">local media<\/a> last week that Egypt and Turkey will likely finalize an agreement to use local currencies for bilateral trade in 2024. This economic and political rapprochement comes only months after the two countries <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/467e7c7c-3c5e-45ce-bc81-70050a95fabf\" style=\"\" rel=\"noopener\">restored<\/a> diplomatic ties and reappointed ambassadors in July, bringing to an end a decade of tensions.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/banking\/\">banking<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/dedollarization\/\">dedollarization<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/rail\/\">RAIL<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/turkey\/\">Turkey<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"74504 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=\"74504\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/10\/30\/74504\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-74504\" class=\"content-area-description single-story post-74504 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\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=\"74505\" 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=\"74505\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">Earnings Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/10\/30\/bahris-net-income-falls-16-87-y-o-y-in-3q-2023\/\">\r\n                            Bahri\u2019s net income falls 16.87% y-o-y in 3Q 2023                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/10\/30\/bahris-net-income-falls-16-87-y-o-y-in-3q-2023\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The company recorded SAR 2 bn in revenues during the quarter, down 11.60% y-o-y. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>On a 9M basis: <\/strong>Bahri\u2019s net income saw a 161.93% y-o-y jump to SAR 1.2 bn in 9M 2023, the earnings release adds. The company\u2019s topline also rose 15.16% y-o-y to SAR 6.75 bn during the same period. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Increased interest rates + shipping rates underpin the fall: <\/strong>Higher operating costs for its logistics segment underpinned the fall in net income during the quarter, the company said, attributing it to increasing interest rates. Some SAR 100 mn in ins. claims and vessel sales helped limit the decline, it added. On a quarterly basis, the company attributed the decline in net income to its oil and transportation sector performance, which saw a SAR 279 mn decline in revenues due to falling shipping rates, it added.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/earnings-watch\/\">EARNINGS WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/shipping-maritime\/\">SHIPPING + MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"74507\" 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=\"74507\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/10\/30\/uae-kosovo-to-boost-logistics-transport-and-trade-ties-iran-kyrgyzstan-to-launch-railway-corridor-plus-more-from-qatar-bahrain-and-the-uae\/\">\r\n                            UAE, Kosovo to boost logistics, transport and trade ties + Iran, Kyrgyzstan to launch railway corridor. PLUS: More from Qatar, Bahrain, KSA, Oman and the UAE                        <\/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\/30\/uae-kosovo-to-boost-logistics-transport-and-trade-ties-iran-kyrgyzstan-to-launch-railway-corridor-plus-more-from-qatar-bahrain-and-the-uae\/\" 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\/30\/uae-kosovo-to-boost-logistics-transport-and-trade-ties-iran-kyrgyzstan-to-launch-railway-corridor-plus-more-from-qatar-bahrain-and-the-uae\/')\">\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\/30\/uae-kosovo-to-boost-logistics-transport-and-trade-ties-iran-kyrgyzstan-to-launch-railway-corridor-plus-more-from-qatar-bahrain-and-the-uae\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=UAE, Kosovo to boost logistics, transport and trade ties + Iran, Kyrgyzstan to launch railway corridor. PLUS: More from Qatar, Bahrain and the UAE&url=https:\/\/enterpriseam.com\/logistics\/2023\/10\/30\/uae-kosovo-to-boost-logistics-transport-and-trade-ties-iran-kyrgyzstan-to-launch-railway-corridor-plus-more-from-qatar-bahrain-and-the-uae\/\">\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\/30\/uae-kosovo-to-boost-logistics-transport-and-trade-ties-iran-kyrgyzstan-to-launch-railway-corridor-plus-more-from-qatar-bahrain-and-the-uae\/&title=UAE, Kosovo to boost logistics, transport and trade ties + Iran, Kyrgyzstan to launch railway corridor. PLUS: More from Qatar, Bahrain and the UAE\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=UAE%2C+Kosovo+to+boost+logistics%2C+transport+and+trade+ties+%2B+Iran%2C+Kyrgyzstan+to+launch+railway+corridor.+PLUS%3A+More+from+Qatar%2C+Bahrain+and+the+UAE+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F10%2F30%2Fuae-kosovo-to-boost-logistics-transport-and-trade-ties-iran-kyrgyzstan-to-launch-railway-corridor-plus-more-from-qatar-bahrain-and-the-uae%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\/30\/uae-kosovo-to-boost-logistics-transport-and-trade-ties-iran-kyrgyzstan-to-launch-railway-corridor-plus-more-from-qatar-bahrain-and-the-uae\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1385.jpeg%2Chttps%3A\/\/assets.wam.ae\/uploads\/2023\/10\/88061201840927872.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"74508\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/10\/30\/uae-kosovo-to-boost-logistics-transport-and-trade-ties-iran-kyrgyzstan-to-launch-railway-corridor-plus-more-from-qatar-bahrain-and-the-uae\/88061201840927872-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1385.jpeg%2Chttps%3A\/\/assets.wam.ae\/uploads\/2023\/10\/88061201840927872.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"88061201840927872.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1385.jpeg%2Chttps%3A\/\/assets.wam.ae\/uploads\/2023\/10\/88061201840927872.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1385.jpeg%2Chttps%3A\/\/assets.wam.ae\/uploads\/2023\/10\/88061201840927872.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-74507\" class=\"content-area-description single-story post-74507 post type-post status-publish format-standard has-post-thumbnail hentry category-diplomacy tag-aviation tag-diplomacy tag-enterprise-logistics tag-infrastructure tag-rail tag-trade tag-transport 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\/.1a63ed56-9b05-4a5e-974c-db417b8d4923.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>UAE + Kosovo eye stronger trade ties: <\/strong>The UAE\u2019s State Minister Ahmed Ali Al Sayegh met with Kosovo\u2019s Industry, Entrepreneurship, and Trade Minister Rozeta Hajdari to discuss boosting cooperation in trade, logistics, infrastructure, aviation and other sectors, Emirati news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/details\/1395303213708\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The pair discussed putting in place new mechanisms to boost trade and the private sector\u2019s role in economic cooperation, as well as increasing support to exporters and importers to help strengthen trade exchange. Hajdari stressed that promoting investment in transport would help foster sustainable economic growth between the two countries. The discussions were held during the first session of the two countries\u2019 economic committee. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>I<\/strong><strong>ran + Kyrgyzstan eye railway corridor and more trade:<\/strong>First Vice-President of Iran Mohammad Mokhber and Kyrgyz Prime Minister Akylbek Japarov met at the Shanghai Cooperation Organization (SCO) meeting to discuss boosting bilateral trade, according to <a target=\"_blank\" href=\"https:\/\/en.irna.ir\/news\/85270954\/Iran-Kyrgyzstan-urge-expanding-economic-cooperation\" style=\"\" rel=\"noopener\">IRNA<\/a>. The two countries agreed on the launch of a rail corridor from Kyrgyzstan to Iran, through Uzbekistan, Turkmenistan, and Iran. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said: <\/strong>\u201cWe need to complete the transit routes between the member countries [of SCO], facilitate regulations and create a platform for the establishment of green customs, and therefore, reduce customs and transit tariffs,\u201d Iran's Roads and Urban Development Minister Mehrdad Bazrpash said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Qatar + Australia look to boost air transport ties: <\/strong>President of the Qatar Civil Aviation Authority Mohammed Faleh Al Hajri met with the Australian Assistant Secretary for International Aviation and Infrastructure Jim Wolfe to discuss enhancing cooperation in air transport, according to a <a target=\"_blank\" href=\"https:\/\/www.qna.org.qa\/en\/News-Area\/News\/2023-10\/26\/0093-qatar,-australia-hold-talks-in-the-air-transport-field\" style=\"\" rel=\"noopener\">statement<\/a>. The pair discussed increasing capacity and flights between the two countries. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO WORTH KNOWING-<\/strong><\/p>\n<ul>\n<li><strong>Bahrain\u2019s Industry and Commerce Minister<\/strong> Abdulla Bin Adel Fakhro met with his <strong>Chinese<\/strong> counterpart Wang Wentao to <strong>discuss<\/strong> enhancing <strong>bilateral trade<\/strong> and <strong>investment<\/strong>. (<a target=\"_blank\" href=\"https:\/\/www.bna.bh\/En\/IndustryandCommerceMinistermeetsChineseCounterpart.aspx?cms=q8FmFJgiscL2fwIzON1%2BDp1J8YO9otYAKpQtdQDchnE%3D\" style=\"\" rel=\"noopener\">Qatar News Agency<\/a>) <\/li>\n<li>The <strong>UAE\u2019s<\/strong> Foreign Trade Minister Thani bin Ahmed Al Zeyoudi met with <strong>Georgian<\/strong>Prime Minister Irakli Garibashvili to <strong>increase non-oil trade<\/strong> between both countries beyond the USD 1.5 bn target by 2028. (<a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/details\/1395303214499\" style=\"\" rel=\"noopener\">WAM<\/a>)<\/li>\n<li><strong>Qatar\u2019s<\/strong> Transport Minister Jassim Al Sulaiti and <strong>Georgian<\/strong>Vice Prime Minister Levan Davitashvili inked an <strong>MoU<\/strong> granting <strong>seafarers<\/strong> from each country <strong>freedom of passage<\/strong> in each country\u2019s waters when working on board commercial vessels. (<a target=\"_blank\" href=\"https:\/\/www.mot.gov.qa\/en\/news\/minister-georgia-vice-pm-sign-seafarers-certificates-dual-recognition-mou\" style=\"\" rel=\"noopener\">Statement<\/a>) <\/li>\n<li><strong>Secretary General of the<\/strong><strong> Saudi Economic Cities and Special Zones Authority <\/strong>Nabil Khoja and <strong>the <\/strong><strong>Chairman of Oman\u2019s Public Authority for Special Economic Zones and Freezones <\/strong>Ali Al Sunaidy met to discuss<strong> strengthening<\/strong><strong>cooperation<\/strong>. (<a target=\"_blank\" href=\"https:\/\/twitter.com\/ECZA_GOV\/status\/1718308672302919760\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>Saudi Ports Authority\u2019s President<\/strong> Omar Hariri met with <strong>CEO of <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.facebook.com\/singaporepsa\" style=\"\" rel=\"noopener\">PSA<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.facebook.com\/singaporepsa\" style=\"\" rel=\"noopener\">Singapore<\/a><\/strong>Ong Kim Pong to <strong>discuss<\/strong> boosting<strong>cooperation<\/strong>in the <strong>maritime transport <\/strong>and <strong>logistics services<\/strong>. (<a target=\"_blank\" href=\"https:\/\/www.facebook.com\/MawaniKSA\/posts\/pfbid02mfAMcdu5LSXg6GPCVqX3DU8kJWXJAFG5rySyRuQpcgVzWF7ZENmd68Jig8ZbAxwwl\" style=\"\" rel=\"noopener\">Statement<\/a>) <\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/infrastructure\/\">INFRASTRUCTURE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/rail\/\">RAIL<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/transport\/\">transport<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"74509\" 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=\"74509\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Logistics in the News<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/10\/30\/the-us-price-cap-on-russian-crude-oil-is-giving-rise-to-more-shadow-tankers-and-is-hiking-freight-rates-biden-suggests-imec-triggered-hamas-attack-on-israel\/\">\r\n                            The US\u2019 price cap on Russian crude oil is giving rise to more shadow tankers, and is hiking freight rates + Biden suggests IMEC triggered Hamas attack on Israel                        <\/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\/30\/the-us-price-cap-on-russian-crude-oil-is-giving-rise-to-more-shadow-tankers-and-is-hiking-freight-rates-biden-suggests-imec-triggered-hamas-attack-on-israel\/\" 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\/30\/the-us-price-cap-on-russian-crude-oil-is-giving-rise-to-more-shadow-tankers-and-is-hiking-freight-rates-biden-suggests-imec-triggered-hamas-attack-on-israel\/')\">\n                    Copy Link                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Israel&url=https:\/\/enterpriseam.com\/logistics\/2023\/10\/30\/the-us-price-cap-on-russian-crude-oil-is-giving-rise-to-more-shadow-tankers-and-is-hiking-freight-rates-biden-suggests-imec-triggered-hamas-attack-on-israel\/\">\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\/30\/the-us-price-cap-on-russian-crude-oil-is-giving-rise-to-more-shadow-tankers-and-is-hiking-freight-rates-biden-suggests-imec-triggered-hamas-attack-on-israel\/&title=The US\u2019 price cap on Russian crude oil is giving rise to more shadow tankers, and is hiking freight rates + Biden suggests IMEC triggered Hamas attack on Israel\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=The+US%E2%80%99+price+cap+on+Russian+crude+oil+is+giving+rise+to+more+shadow+tankers%2C+and+is+hiking+freight+rates+%2B+Biden+suggests+IMEC+triggered+Hamas+attack+on+Israel+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F10%2F30%2Fthe-us-price-cap-on-russian-crude-oil-is-giving-rise-to-more-shadow-tankers-and-is-hiking-freight-rates-biden-suggests-imec-triggered-hamas-attack-on-israel%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\/30\/the-us-price-cap-on-russian-crude-oil-is-giving-rise-to-more-shadow-tankers-and-is-hiking-freight-rates-biden-suggests-imec-triggered-hamas-attack-on-israel\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1387.png?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"74510\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/10\/30\/the-us-price-cap-on-russian-crude-oil-is-giving-rise-to-more-shadow-tankers-and-is-hiking-freight-rates-biden-suggests-imec-triggered-hamas-attack-on-israel\/1387-png\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1387.png?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1387.png\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1387.png?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1387.png?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-74509\" class=\"content-area-description single-story post-74509 post type-post status-publish format-standard has-post-thumbnail hentry category-logistics-in-the-news tag-enterprise-logistics tag-logistics-in-the-news tag-oil tag-russia tag-shipping-maritime 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\/.e5c462cb-85fd-4cbb-aad8-1fa84b224946.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>US crackdown on oil shippers for violating Russia sanctions could divert cargoes <\/strong><strong>to more shadow tankers:<\/strong> Industry insiders are warning that US penalties on shippers in breach of the G7\u2019s price caps on Russian oil will likely boost the size of the world\u2019s ghost fleet, as traders begin to use aging tankers that are not monitored or insured by the US to circumvent sanctions, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/worlds-ghost-fleet-focus-over-us-russian-price-cap-crackdown-2023-10-26\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports.The G7 cap bans Western corporations from supplying maritime services for Russian seaborne oil exports sold above USD 60 a barrel. Nearly 500 ships currently make up the world\u2019s ghost fleet, as <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/business\/2023\/aug\/19\/the-dark-fleet-of-tankers-shipping-russian-oil-in-the-shadows\" style=\"\" rel=\"noopener\">The Guardian<\/a> reported previously. A few weeks ago, the US <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/9be9283f-cbe0-4167-899c-3fca748f5697\" style=\"\" rel=\"noopener\">sanctioned<\/a> two tankers \u2014 UAE-based Lumber Marine for shipping and Turkey-based Ice Pearl Navigation Corp \u2014 for using US-based shipping services while carrying Russian crude purchased at a greater price than USD 60 per barrel.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Russian price cap is also hiking freight rates<\/strong><strong>: <\/strong>\u201cEveryone is going to be triple checking everything they are doing is above board. That comes at a cost, and that drives freight rates higher,\u201d energy consultants FGE told Reuters, which notes that the rise in freight costs has been masked by the increase on the back of escalating tensions in the Middle East. Despite that, shipping sources say sanctions have already lifted freight rates. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Biden says IMEC regional corridor partially behind Hamas attack on Isr<\/strong><strong>ael: <\/strong>US President Joe Biden has suggested that Hamas\u2019 attack on Israel on 7 October may be linked to the announcement of the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/006b0021-b805-4530-8567-591e16bebdf8\" style=\"\" rel=\"noopener\">India-Middle East-Europe Economic Corridor<\/a> (IMEC), since it is a major step in integrating Israel with the wider region, <a target=\"_blank\" href=\"https:\/\/psuwatch.com\/national-news\/india-middle-east-europe-economic-corridor-could-be-one-of-the-reasons-for-hamas-attack-on-israel-joe-biden\" style=\"\" rel=\"noopener\">PSU<\/a><a target=\"_blank\" href=\"https:\/\/psuwatch.com\/national-news\/india-middle-east-europe-economic-corridor-could-be-one-of-the-reasons-for-hamas-attack-on-israel-joe-biden\" style=\"\" rel=\"noopener\">Watch<\/a> reports. The IMEC initiative aims to connect India, the GCC, and Europe via a network of railroads. Biden told reporters at a joint news conference with Australian Prime Minister Anthony Albanese that his speculation is based on \u201cinstinct,\u201d and that he has no proof of this, <a target=\"_blank\" href=\"https:\/\/psuwatch.com\/national-news\/india-middle-east-europe-economic-corridor-could-be-one-of-the-reasons-for-hamas-attack-on-israel-joe-biden\" style=\"\" rel=\"noopener\">PSU Watch<\/a> reports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The corridor is good news for Israel:<\/strong> Israeli Prime Minister Benjamin Netanyahu happily welcomed the IMEC announcement back in September, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/006b0021-b805-4530-8567-591e16bebdf8\" style=\"\" rel=\"noopener\">saying that<\/a> \u201cIsrael will be a central junction in this economic corridor, our railways and our ports will open a new gateway from India through the Middle East to Europe, and back,\u201d and that it would bolster Israel's efforts to seek recognition from Arab states. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/logistics-in-the-news\/\">LOGISTICS IN THE NEWS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/oil\/\">oil<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/russia\/\">Russia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/shipping-maritime\/\">SHIPPING + MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"74511\" 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=\"74511\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Also on Our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/10\/30\/qatar-freezones-authority-to-explore-green-tech-with-samsung-tadweer-abu-dhabi-airports-to-explore-waste-management-solutions\/\">\r\n                            Qatar Freezones Authority to explore green tech with Samsung + Tadweer, Abu Dhabi Airports to explore waste management solutions. PLUS: More from ADDED, Sharjah FDI, Morocco, Bahrain, and other energy and aviation news                        <\/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\/30\/qatar-freezones-authority-to-explore-green-tech-with-samsung-tadweer-abu-dhabi-airports-to-explore-waste-management-solutions\/\" 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 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solutions\">\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=Qatar+Freezones+Authority+to+explore+green+tech+with+Samsung+%2B+Tadweer%2C+Abu+Dhabi+Airports+to+explore+waste+management+solutions+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F10%2F30%2Fqatar-freezones-authority-to-explore-green-tech-with-samsung-tadweer-abu-dhabi-airports-to-explore-waste-management-solutions%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\/30\/qatar-freezones-authority-to-explore-green-tech-with-samsung-tadweer-abu-dhabi-airports-to-explore-waste-management-solutions\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1398.jpeg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"74512\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/10\/30\/qatar-freezones-authority-to-explore-green-tech-with-samsung-tadweer-abu-dhabi-airports-to-explore-waste-management-solutions\/1398-jpeg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1398.jpeg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1398.jpeg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1398.jpeg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1398.jpeg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-74511\" class=\"content-area-description single-story post-74511 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-aviation tag-decarbonization tag-energy tag-enterprise-logistics tag-evs tag-rail 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\/.d3ce9905-2d32-4906-bdad-5967e05e736c.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>Qatar Free Zones Authority (QFZ) and Samsung C&T have signed <\/strong><strong>an MoU to collaborate in green and sustainable technologies<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/qfz.gov.qa\/qfz-and-samsung-ct-corporation-sign-mou-to-collaborate-in-green-and-sustainable-technologies\/\" style=\"\" rel=\"noopener\">QFZ press release<\/a>. Under the MoU, signed during the Qatar-Republic of Korea Business Forum, the two parties aim to explore co-investment opportunities in green infrastructure within Qatar\u2019s freezones. The partnership will target sustainability initiatives including energy transition, harnessing sustainable materials, and eco-friendly electronics. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADDED<\/strong><strong> + <\/strong><strong>JOCIC<\/strong><strong> sign MoU to attract Chinese industrial investments: <\/strong>The Abu Dhabi Department of Economic Development (ADDED) and Jiangsu Provincial Overseas Cooperation and Investment Company (JOCIC) have inked an MoU to enhance the emirate\u2019s position in the industrial value chain and attract Chinese industrial investments, as part of its Belt and Road Initiative, according to <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/details\/1395303213679\" style=\"\" rel=\"noopener\">Wam<\/a>. The MoU aims to achieve its objectives through the exchange of data, information, and technical expertise, Wam explains. The agreement also seeks to strengthen relations with China\u2019s Jiangsu industrial hub and boost economic relations between China and Abu Dhabi.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Sharjah-Italy business roundtable held in Milan: <\/strong>The Sharjah FDI Office, in collaboration with Italy\u2019s EFG Consulting, held the Sharjah-Italy business roundtable last week in Milan to explore investment avenues and enhancing trade relations between Sharjah and Italy, according to a Sharjah FDI Office <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/feed\/update\/urn:li:activity:7122920799744765954\/\" style=\"\" rel=\"noopener\">statement<\/a>. The roundtable, which covered areas including industry, business solutions, sustainability, and industrial technology, was headed by by Sharjah Investment and Development Authority (Shurooq) CEO Ahmed Al Qaseer and Naser Al Khaja, head of Mission in the Republic of Italy, and CEO of Sharjah FDI Office Mohamed Juma Al Musharrkh, <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/details\/1395303213810\" style=\"\" rel=\"noopener\">Wam<\/a> reported. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AVIATION -<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Tadweer + <\/strong><strong>Abu Dhabi Airports <\/strong><strong>to explore waste management <\/strong><strong>solutions<\/strong><strong>:<\/strong> The Abu Dhabi Waste Management Company (Tadweer) and Abu Dhabi Airports have signed an MoU to explore progressive solutions in waste management, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/tadweer-and-abu-dhabi-airports-partner-to-explore-progressive-waste-management-practices-vp5p1ob1\" style=\"\" rel=\"noopener\">statement<\/a>. The partnership will investigate how current waste management practices can be sustainably improved across the emirate's five airports. It aims to implement new policies including the diversion of waste from landfills and developing tailored monitoring and reporting.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>RAIL-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Morocco allocates MAD 1.44 bn to fund research to expand its high-speed train to <\/strong><strong>Marrakech and Agadir<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.moroccoworldnews.com\/2023\/10\/358603\/marrakech-agadir-tgv-line-morocco-to-invest-mad-1-44-billion-in-study-phase\" style=\"\" rel=\"noopener\">Morocco World News<\/a> reports, citing Morocco\u2019s 2024 finance bill.The funds will go towards financing \u201cstudies and the acquisition of real estate for the extension for the high-speed train (TGV) network\u201d by 2027, according to. No further details have been provided regarding the exact total cost of the project. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details:<\/strong> Earlier this year, Morocco\u2019s railway operator ONCF Director General Mohamed Rabie Khlie said that the expansion will be done in two phases, one from Kenitra to Marrakech (390 km), which will cost some USD 4 bn to construct, and another from Marrakech to Agadir (239 km) costing USD 4.8 bn, according to Morocco World News. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EVs-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Bahrain\u2019s KPS<\/strong><strong> inks agreement with ABB to increase EV charging stations in the <\/strong><strong>countr<\/strong><strong>: <\/strong>Bahrain\u2019s Kanoo Power Solutions has inked a strategic partnership agreement with <a target=\"_blank\" href=\"https:\/\/new.abb.com\/ev-charging\" style=\"\" rel=\"noopener\">ABB<\/a> to increase availability of ABB\u2019s EV charging infrastructure in Bahrain, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/kanoo-power-solutions-signs-milestone-sgreement-with-abb-to-increase-ev-charging-stations-in-bahrain-snxbln49\" style=\"\" rel=\"noopener\">press release<\/a>. <\/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>Bahrain\u2019s<strong> Gulf Air <\/strong>will<strong> launch flights<\/strong> to<strong> Guangzhou <\/strong>and<strong> Shanghai<\/strong> starting January 2024. (<a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/business\/aviation\/gulf-air-to-launch-guangzhou-shanghai-flights-in-january-ozmrdfak\" style=\"\" rel=\"noopener\">Statement<\/a>) <\/li>\n<li><strong>Jordan\u2019s Aqaba Container Terminal <\/strong>has<strong> added an electric reach stacker to <\/strong><strong>its handling equipment flee<\/strong><strong>t<\/strong> as part of its decarbonisation plan. (<a target=\"_blank\" href=\"https:\/\/twitter.com\/ACTJordan\/status\/1717411630370152481\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li>Emirati air and travel service provider <strong>Dnata <\/strong>will save some <strong>650<\/strong><strong>metric tonnes <\/strong>of <strong>carbon<\/strong> and <strong>1.5 mn kilowatt hours of <\/strong><strong>electricity<\/strong> annually, following the <strong>installation<\/strong> of a new technology \u2014 <strong>cooling as a service (CaaS)<\/strong> \u2014 at its <strong>Singapore Changi Airport facilities,<\/strong> reducing its<strong> cargo bases\u2019s energy consumption <\/strong>by<strong> 54%<\/strong>. (<a target=\"_blank\" href=\"https:\/\/www.dnata.com\/media-centre\/dnata-to-save-further-650-tonnes-of-carbon-per-year-with-innovative-cooling-technology-in-singapore\/\" style=\"\" rel=\"noopener\">Press release<\/a>)<\/li>\n<li><strong>Etihad Airways<\/strong> will <strong>resume its daily flights<\/strong> to <strong>Nairobi, Kenya<\/strong> on <strong>1 May 2024 <\/strong>using a modern <strong>Airbus A320<\/strong>. (<a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/details\/1395303214167\" style=\"\" rel=\"noopener\">Wam<\/a>)<\/li>\n<li><strong>Sharjah Airport<\/strong> welcomed its inaugural Air Cairo <strong>flight yesterday<\/strong>, which is set to operate six-weekly flights. (<a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/sharjah-airport-welcomes-first-flight-of-air-cairo-cad25y75\" style=\"\" rel=\"noopener\">Press Release<\/a>) <\/li>\n<li>Korean shipbuilder <strong><a target=\"_blank\" href=\"https:\/\/english.hhi.co.kr\/\" style=\"\" rel=\"noopener\">HD Hyund<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/english.hhi.co.kr\/\" style=\"\" rel=\"noopener\">ai Heavy Industries<\/a><\/strong> and <strong><a target=\"_blank\" href=\"https:\/\/www.qatarenergy.qa\/en\/pages\/home.aspx\" style=\"\" rel=\"noopener\">QatarEnergy<\/a><\/strong> have <strong>inked the<\/strong><strong> final agreement<\/strong> for the construction of <strong>17 LNG carriers<\/strong> worth <strong>USD 3.9 bn<\/strong>, following a <strong>preliminary agreement<\/strong> that <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/10e63dd2-7720-49c0-9b6e-21775328f159\" style=\"\" rel=\"noopener\">was reached last month<\/a>. (<a target=\"_blank\" href=\"https:\/\/www.motie.go.kr\/motie\/ne\/presse\/press2\/bbs\/bbsView.do?bbs_seq_n=167997&bbs_cd_n=81&currentPage=11&search_key_n=title_v&cate_n=&dept_v=&search_val_v=\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/decarbonization\/\">decarbonization<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/evs\/\">EVs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/rail\/\">RAIL<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/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=\"74513\" 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=\"74513\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Around the World<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/10\/30\/cosco-shipping-ports-sees-bottomline-fall-marginally-in-3q-2023-flexport-eyes-convoy-plus-more-from-shipsy-boeing-ups-and-others\/\">\r\n                            Cosco Shipping Ports sees bottomline fall marginally in 3Q 2023 + Flexport eyes Convoy. PLUS: More from Shipsy, Boeing, UPS, Bunker Holding, and the US                        <\/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\/30\/cosco-shipping-ports-sees-bottomline-fall-marginally-in-3q-2023-flexport-eyes-convoy-plus-more-from-shipsy-boeing-ups-and-others\/\" 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\/30\/cosco-shipping-ports-sees-bottomline-fall-marginally-in-3q-2023-flexport-eyes-convoy-plus-more-from-shipsy-boeing-ups-and-others\/')\">\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\/30\/cosco-shipping-ports-sees-bottomline-fall-marginally-in-3q-2023-flexport-eyes-convoy-plus-more-from-shipsy-boeing-ups-and-others\/\">\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=Cosco Shipping Ports sees bottomline fall marginally in 3Q 2023 + Flexport eyes Convoy. 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The company\u2019s topline logged a 2.7% increase in the same period to USD 358.9 mn. Despite a slowdown in the global economy cited in the company\u2019s statement, CSP\u2019s throughput for 3Q 2023 increased 4.1% y-o-y to 35.6 mn TEU, the statement said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why we care:<\/strong> Cosco Shipping Ports owns 20% stakes in the Suez Canal Container Terminal in Egypt, and in Saudi Arabia\u2019s Red Sea Gateway Terminal, according to its <a target=\"_blank\" href=\"https:\/\/ports.coscoshipping.com\/en\/Businesses\/Portfolio\/#OverseasTerminals\" style=\"\" rel=\"noopener\">website<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Flexport eyes failing freight startup Convoy:<\/strong> Freight forwarder Flexport is engaging in discussions to acquire the technology of <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/a987e06f-7e40-40c5-91ca-b52243838490\" style=\"\" rel=\"noopener\">troubled<\/a> US-based digital freight startup Convoy, the Wall Street Journal <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/articles\/flexport-in-talks-to-buy-failed-freight-firm-convoys-technology-717a1cde\" style=\"\" rel=\"noopener\">reports<\/a>, citing a source in the know. The potential acquisition aims to strengthen Flexport\u2019s footprint in the domestic US trucking sector, as it <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/articles\/flexports-petersen-sets-long-timetable-for-profits-public-offering-c6ea35ca\" style=\"\" rel=\"noopener\">looks to increase<\/a> its bottom line. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>S<\/strong><strong>hipsy sets up innovation center in the Netherlands:<\/strong> Smart logistics management platform <a target=\"_blank\" href=\"https:\/\/shipsy.io\/\" style=\"\" rel=\"noopener\">Shipsy<\/a> \u2014 which has <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/e1102081-d273-4653-b47f-dedfbe5b3a47\" style=\"\" rel=\"noopener\">refamazongional operations<\/a> \u2014 has established a new innovation center in the Netherlands as part of its global expansion plan, according to a <a target=\"_blank\" href=\"https:\/\/www.prnewswire.com\/news-releases\/shipsy-extends-global-reach-with-new-innovation-center-in-the-netherlands-301961693.html\" style=\"\" rel=\"noopener\">press release<\/a>. Through the center, Shipsy aims to provide support for its growing European customer base. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO FROM SHIPSY- <\/strong>The company recently completed an acquisition of cloud-based warehouse management system (WMS) and inventory management solution provider <a target=\"_blank\" href=\"https:\/\/www.stockone.com\/\" style=\"\" rel=\"noopener\">Stockone<\/a> to expand its product portfolio, according to a separate <a target=\"_blank\" href=\"https:\/\/www.prnewswire.com\/apac\/news-releases\/shipsy-completes-stockone-acquisition-and-expands-product-portfolio-for-holistic-fulfillment-and-logistics-management-301968584.html\" style=\"\" rel=\"noopener\">press release<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO WORTH KNOWING-<\/strong><\/p>\n<ul>\n<li><strong>Boeing <\/strong>has reduced its <strong>737 Max delivery <\/strong>forecast as it works to address <strong>production flaws <\/strong>in the bestselling plane. (<a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2023\/10\/25\/boeing-ba-earnings-q3-2023.html\" style=\"\" rel=\"noopener\">CNBC<\/a>) <\/li>\n<li><strong><a target=\"_blank\" href=\"https:\/\/www.ups.com\/gb\/en\/Home.page\" style=\"\" rel=\"noopener\">United Parcel Service<\/a><\/strong>(UPS) has agreed to acquire software and reverse logistics company<strong><a target=\"_blank\" href=\"https:\/\/happyreturns.com\/\" style=\"\" rel=\"noopener\">Happy Returns<\/a><\/strong> from PayPal, anticipating the acquisition to be <strong>finalized in 4Q 2023.<\/strong> (<a target=\"_blank\" href=\"https:\/\/www.wsj.com\/articles\/ups-to-buy-reverse-logistics-specialist-happy-returns-from-paypal-9a3ac420\" style=\"\" rel=\"noopener\">WSJ<\/a>) <\/li>\n<li>Danish shipping company and bunker trader <strong><a target=\"_blank\" href=\"https:\/\/www.bunker-holding.com\/\" style=\"\" rel=\"noopener\">Bunker Holding<\/a><\/strong> and Canadian green hydrogen development platform <strong><a target=\"_blank\" href=\"https:\/\/neogreenhydrogen.com\/home\" style=\"\" rel=\"noopener\">NeoGreen Hydrogen Corp<\/a><\/strong>inked an<strong> MoU <\/strong>to collaborate onthe<strong> operations, logistic<\/strong><strong>s<\/strong>, and marketing of <strong>green ammonia<\/strong> and <strong>synthetic fuels<\/strong> across NeoGreen\u2019s global project portfolio. (<a target=\"_blank\" href=\"https:\/\/www.bunker-holding.com\/bunker-holding-and-neogreen-hydrogen-corp-sign-mou-for-green-ammonia-and-synthetic-fuels\/\" style=\"\" rel=\"noopener\">Press release<\/a>)<\/li>\n<li><strong>U<\/strong><strong>S<\/strong><strong>senators<\/strong> have inked a <strong>letter<\/strong> to President Joe Biden calling for the administration to <strong>reduce import duties<\/strong> on <strong>Moroccan-made phosphate fertilizers <\/strong>to provide relief for US farmers. (<a target=\"_blank\" href=\"https:\/\/www.moran.senate.gov\/public\/index.cfm\/news-releases?ID=41A46665-862F-4E94-9C17-92A1EF5EAB43\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/around-the-world\/\">AROUND THE WORLD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/ma-watch\/\">M&amp;A WATCH<\/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=\"74515\" 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\/30\/74515\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-74515\" class=\"content-area-description single-story post-74515 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>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 October - 2 November (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>1 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>1-2 November (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/dubaibusinessforum.com\/\" style=\"\">Dubai Business Forum<\/a><\/span><span>, Madinat Jumeirah, 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>1-3 November (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/ccistta\/posts\/pfbid0VktDJL4Wgj9qzsdwTMyXudXJyRB8TWpYrVWKZU6Ssye598KuWPSdVefJAnDZAPPLl\" style=\"\">Moroccan-Libyan Business Forum<\/a><\/span><span>, Tangier, Morocco.  <\/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>1-3 November (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/transportlogisticsea.com\/\" style=\"\">Transport Logistic Southeast Asia and Air Cargo Southeast Asia<\/a><\/span><span>, Sands Expo and Convention Centre, Singapore.<\/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 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>18-20 December (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/en.irna.ir\/news\/85273735\/Headlines-in-Iranian-English-language-dailies-on-Oct-29\" style=\"\">International Exhibition of Transportation, Logistics, and Related Industries<\/a><\/span><span> (Iran Trans Expo 2023), Imam Khomeini Grand Prayer Campus (Mossala), 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 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\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, Russia to invest USD 38 bn in trans-Caspian shipping lines | Amazon UAE to set up logistics center in Hamriyah | Egypt, Turkey eye ro-ro freight line<\/p>\n","protected":false},"featured_media":74494,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-74493","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"647eab0a-37f4-4ec1-aa6b-d38005198bbb","teaser":"Iran, Russia to invest USD 38 bn in trans-Caspian shipping lines | Amazon UAE to set up logistics center in Hamriyah | Egypt, Turkey eye ro-ro freight line","photo_url":"https:\/\/ent.news\/2023\/10\/1404.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Progress on the INSTC - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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