{"id":77567,"date":"2024-03-25T00:00:00","date_gmt":"2024-03-25T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=77567"},"modified":"2025-12-15T14:23:11","modified_gmt":"2025-12-15T14:23:11","slug":"sal-tibah-airports-ink-agreement-to-boost-cargo-capacity-at-madinah-airport","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/sal-tibah-airports-ink-agreement-to-boost-cargo-capacity-at-madinah-airport\/","title":{"rendered":"SAL + Tibah Airports ink agreement to boost cargo capacity at Madinah Airport"},"content":{"rendered":"<section id=\"77569\" 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=\"77569\">\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\/2024\/03\/25\/uaes-aldar-plans-usd-500-mn-green-suku-aims-to-grow-logistics-assets\/\">\r\n                            TODAY: UAE\u2019s Aldar plans USD 500 mn green suku, aims to grow logistics assets                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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href=\"https:\/\/enterpriseam.com\/logistics\/2024\/03\/25\/uaes-aldar-plans-usd-500-mn-green-suku-aims-to-grow-logistics-assets\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1119.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"77570\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/03\/25\/uaes-aldar-plans-usd-500-mn-green-suku-aims-to-grow-logistics-assets\/1119-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1119.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1119.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1119.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1119.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77569\" class=\"content-area-description single-story post-77569 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-cma-cgm tag-egypt tag-iraq tag-iraqi-airways tag-shipping-maritime tag-suez-canal-economic-zone tag-uae 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\/2024\/3\/.02755c41-1094-480e-97a3-572fc49f3659.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, ladies and gents. <\/strong>It\u2019s a very busy morning in our neck of the woods with plenty of developments to dive into across the regional logistics sector, including a new cargo terminal in KSA.<\/p>\n<p class=\"tag-border-left\">PSA-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Tunisia and Libya have closed the key Ras <\/strong><strong>Jedir<\/strong><strong> border crossing amid armed <\/strong><strong>clashes<\/strong>,<strong> <\/strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/africa\/tunisia-libya-border-crossing-closed-due-clashes-2024-03-19\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported last week, citing Tunisian state TV and Libyan officials. The crossing was attacked by \u201coutlaws,\u201d and security forces were dispatched to the site to combat smuggling and to restore security, Libya\u2019s interior ministry said on Tuesday. The Ras Jedir border crossing sees trucks carrying goods moving in both directions, and serves as a transit point for Libyans traveling to Tunisia for medical treatment, the newswire said. <\/p>\n<p class=\"tag-border-left\">WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt1\"><\/a> <strong> #1- Abu Dhabi-based real estate developer Aldar Properties is planning another<\/strong><strong> USD 500 mn green sukuk issuance this year and intends to grow its logistics assets<\/strong>, CFO Faisal Falaknaz tells <a target=\"_blank\" href=\"https:\/\/www.thenationalnews.com\/business\/property\/2024\/03\/22\/aldar-aims-for-84bn-in-sales-this-year-with-plans-to-issue-green-sukuk\/\" style=\"\" rel=\"noopener\">The National<\/a>. The Islamic bonds will be issued under Aldar\u2019s green framework following a successful USD 500 mn maiden green sukuk issuance last year. Aldar plans to double down on acquisitions, with AED 4-5 bn of equity earmarked to be \u201cdeployed into recurring income assets\u2026 Logistics is a very important segment that we are very keen on continuing to grow,\u201d according to Falaknaz.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt2\"><\/a> <strong>#2- Efforts to resume flows across the Iraq-Turkey oil pipeline have stalled<\/strong>,<strong> <\/strong>as financial and legal obstacles continue to hinder resumption one year after operations were halted, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/year-after-iraq-turkey-pipeline-halt-no-progress-resume-flows-2024-03-24\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing sources with knowledge of the matter. The pipeline was at one point responsible for providing about 0.5% of global oil supply, with some 450k barrels per day (bpd) flowing from Iraq to Turkey, the newswire said. Presently, the pipeline\u2019s restart is not being discussed, a source said. Aside from legal and financial hurdles, Iraq\u2019s decision to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/0632c89d-75c0-43db-b270-ceaa1391716b\/today:-dp-world-expands-global-freight-forwarding-%2B-wants-more-paperless-trade\" style=\"\" rel=\"noopener\">cap oil<\/a> exports as part of wider <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/3f152528-8823-4d4d-8fcb-75278367ad8b\" style=\"\" rel=\"noopener\">OPEC+ production cuts<\/a> means that exports through the country\u2019s northern pipeline are no longer a priority, two sources told the newswire. US attempts to broker an agreement between stakeholders in a bid to resume flows and reduce global oil prices have also failed, Iraq expert at the Washington Institute think-tank Michael Knights said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Turkey halted imports from Iraq\u2019s semi-autonomous Kurdistan Regional Government (KRG) after a 25 March <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/16ac81ab-c7b4-40e0-a399-60a88ed2ef70\/iraq-halts-kurdish-oil-exports-after-court-rules-in-its-favor-in-landmark-arbitration-case-against-turkey\" style=\"\" rel=\"noopener\">landmark<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/16ac81ab-c7b4-40e0-a399-60a88ed2ef70\/iraq-halts-kurdish-oil-exports-after-court-rules-in-its-favor-in-landmark-arbitration-case-against-turkey\" style=\"\" rel=\"noopener\">decision<\/a> by the International Chamber of Commerce deemed the transfers illegal and ordered Turkey to shell out USD 1.5 bn in compensations to Baghdad.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN OTHER IRAQI NEWS-<\/strong><strong> Iraq has set out a plan to resume Iraqi Airways\u2019 flights to Europe and to restore <\/strong><strong>grounded aircraft to service<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/mot.iraq\/posts\/pfbid0Fqo1xoGg9F3eXSsgJxo9bg8n7KU2iJT6UZK9MLNEXGLKV4jTUfdfsCWhjgz9YB4nl?locale=ar_AR\" style=\"\" rel=\"noopener\">statement<\/a> citing Iraqi Transport Minister Razzaq Muhibis Al Saadawi. Iraqi Airways Company (IAC) has initiated a three-phase agreement with IATA to resolve safety issues cited by the European Union Aviation Safety Agency (EASA), in a bid to boost safety standards, Al Saadawi said. The company has also leased an aircraft with a foreign crew to operate regular routes to Europe in the interim, while working with another firm to bring Iraqi Airways aircraft and crew up to standards that permit operations in Europe, he explained. Meanwhile, IAC has restored seven aircraft to service, with plans to restore an additional ten to service before year\u2019s end, while contracting with global maintenance firms to refit 20 aircraft engines, the official also said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Iraq is also looking to construct a new airport at Diwaniyah<\/strong>,&nbsp;<a target=\"_blank\" href=\"https:\/\/www.ina.iq\/205355--.html\" style=\"\" rel=\"noopener\">INA<\/a> reported last week, citing a decision from a meeting of the Supreme Committee for Reconstruction and Investment, chaired by Prime Minister Mohamed Shiaa Al Sudani. No timeline or investment ticket for the project were disclosed. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong>Egypt\u2019s Suez Canal Economic <\/strong><strong>Zone (SCZone) inked 127 contracts with investments worth USD 2.8 bn<\/strong><strong> in the nine months between July 2023 and March 2024<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.sis.gov.eg\/Story\/272263\/%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF%D9%8A%D8%A9-%D9%82%D9%86%D8%A7%D8%A9-%D8%A7%D9%84%D8%B3%D9%88%D9%8A%D8%B3-%D8%A7%D9%84%D8%AA%D8%B9%D8%A7%D9%82%D8%AF-%D8%B9%D9%84%D9%89-127-%D9%85%D8%B4%D8%B1%D9%88%D8%B9%D8%A7-%D8%A8%D8%A7%D9%84%D9%85%D9%86%D8%A7%D8%B7%D9%82-%D8%A7%D9%84%D8%B5%D9%86%D8%A7%D8%B9%D9%8A%D8%A9-%D9%88%D8%A7%D9%84%D9%85%D9%88%D8%A7%D9%86%D8%A6-%D8%A8%D8%AA%D9%83%D9%84%D9%81%D8%A9-%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1%D9%8A%D8%A9-2.8-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AF%D9%88%D9%84%D8%A7%D8%B1?lang=ar\" style=\"\" rel=\"noopener\">statement<\/a>. Of the total contracts signed, 61 have received final approvals, with a 49% share of foreign investments. Another 61 contracts have also received initial approval, with a 39% share of foreign investments. SCZone has signed 37 new contracts since the year's start, worth some USD 894 mn in investments, the statement also said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong><a id=\"wwtt3\"><\/a>#4- <\/strong><strong>An upgraded Red Sea service by CMA CGM will kick off in April:&nbsp;<\/strong>French shipping giant CMA CGM is partnering with KSA-based feeder and short-sea shipping operator Folk Maritime to launch an upgraded Red Sea service connecting ports in the Red Sea, with voyages beginning in April, according to a <a target=\"_blank\" href=\"https:\/\/www.cma-cgm.com\/news\/4639\/cma-cgm-announces-upgrade-to-service-between-jeddah-and-north-red-sea-in-partnership-with-folk-maritime\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. The weekly service, dubbed North Sea Red Express (NRX), will operate two cargo vessels to connect the Saudi Arabian ports of Jeddah, NEOM, and Yanbu with Egypt\u2019s Sokhna and Jordan\u2019s Aqaba ports. The new route\u2019s maiden voyage will set off from Jeddah on 9 April, the statement said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> We caught wind of NRX <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/596dd22e-3682-4f95-9916-50a435d27117\/today:-aldar-forms-a-jv-with-dubai-in-its-uae-logistics-portfolio-expansion\" style=\"\" rel=\"noopener\">late last month<\/a>, with reports at the time indicating that the route will be operated using two 2.5k TEU feeders with an additional 700k TEU vessel connecting the route with Sudan every two weeks.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#5- <\/strong><strong>The UAE could become one of Africa\u2019s biggest FDI sources over the next five <\/strong><strong>years<\/strong>, with investments focused on renewable energy, logistics, and agriculture, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-03-21\/uae-eyes-further-africa-deals-after-egypt-bailout?srnd=homepage-middle-east\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported on Thursday. The country made USD 44.5 bn in investment pledges across Africa last year, with key investments in Sudan, Ethiopia, Zambia, and other countries, with a focus on infrastructure development and resource extraction. The growth of UAE\u2019s FDI presence in Africa had jumped two years ago, last year it was still comfortably in the double-digits, but the next two-to-three years we\u2019ll see a return to growth in the thirties and above,\u201d Standard Bank Group CEO Rassem Zok tells the business information service.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt4\"><\/a>#6- <\/strong><strong>Saudia will bid King Khalid Airport farewell: <\/strong>National flag carrier Saudia will move out of King Khalid International Airport in Riyadh \u201cin a synchronized manner\u201d to leave room for the emergence of new PIF-owned airliner Riyadh Air, Saudi General Authority of Civil Aviation (GACA) VP of Strategy Mohammed Alkhuraisi told <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-03-21\/saudia-set-to-move-out-of-riyadh-to-make-room-for-new-airline?embedded-checkout=true\" style=\"\" rel=\"noopener\">Bloomberg<\/a> in an interview last week. \u201cYou don\u2019t want two big carriers to operate out of the same hub,\u201d he said, adding that the transition would be made gradually to ensure that air connectivity to Riyadh is not affected.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We\u2019ve been hearing a lot on Saudia as of late:<\/strong>The Public Investment Fund is reportedly in early talks <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/df88bd9a-823b-4c1b-9812-5d06d494b498\/ksa%25e2%2580%2599s-public-investment-fund-is-reportedly-in-talks-to-acquire-saudia\" style=\"\" rel=\"noopener\">to acquire Saudia<\/a> as soon as next year to add to its aviation assets portfolio. Plans see the flagship carrier privatized or merged with <a target=\"_blank\" href=\"https:\/\/www.riyadhair.com\/\" style=\"\" rel=\"noopener\">Riyadh Air<\/a>, a second PIF-owned flag carrier. <\/p>\n<p class=\"tag-border-left\">MARKET WATCH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong>Baltic index sees weekly drop, yanked lower by falling capesize and panamax <\/strong><strong>rates: <\/strong>The Baltic Exchange\u2019s dry bulk sea freight index \u2014 which tracks rates for the capesize, panamax, and supramax vessel segments \u2014 was down 2% to 2,196 points on Friday. The measure was also down 7.8% for the week, breaking six weeks of consecutive gains, on the back of flagging demand for capesize and panamax vessel segments, <a target=\"_blank\" href=\"https:\/\/www.hellenicshippingnews.com\/baltic-index-posts-weekly-dip-as-larger-vessel-rates-retreat\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Saturday. The larger capesize subindex dropped 3% at 3,482 points, and was down 14.3% for the week. While panamax dipped 1.8% at 2,165 points, down 3% for the week, and the smaller supramax segment shed 4 points at 1,383 points, gaining for its seventh straight week, the newswire said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>Oil prices dipped on Friday<\/strong>,<strong> <\/strong>and were stable w-o-w, as renewed hopes for a Gaza ceasefire weighed down crude benchmarks, while continued war in Europe and a falling US rig count buoyed prices. <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/oil-prices-ease-gaza-ceasefire-possibility-dollar-strength-2024-03-22\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Friday. Brent crude oil futures for May fell USD 0.35 to USD 85.43 a barrel, while US crude dropped USD 0.44 to USD 80.63 a barrel, the newswire said. The market is closely monitoring developments in Gaza, where a ceasefire may push the Houthis to allow tankers to resume transits via the Red Sea, partner with Again Capital John Kilduff told Reuters. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong>Drewry\u2019s World Container Index (WCI) fell 5% to USD 3,010 per 40 foot container <\/strong><strong>for <\/strong><strong>the week ending Thursday<\/strong>,<strong> <\/strong>but was up 71% when compared to the same period last year, maritime research and consultancy firm <a target=\"_blank\" href=\"https:\/\/www.drewry.co.uk\/supply-chain-advisors\/supply-chain-expertise\/world-container-index-assessed-by-drewry\" style=\"\" rel=\"noopener\">Drewry<\/a> reported on Thursday. The latest WCI index is also 112% greater than the average 2019 pre-pandemic rate of USD 1,420 and USD 752 above the 10 year average rate of USD 2,699. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- <\/strong><strong>UAE\u2019s Fujairah Port oil product stockpiles rose 10% to 20.05 mn barrels<\/strong><strong> for the <\/strong><strong>week ending 18 March<\/strong>, marking an eight-months high, as regional demand typically slows during Ramadan, <a target=\"_blank\" href=\"https:\/\/www.spglobal.com\/commodityinsights\/en\/market-insights\/latest-news\/oil\/032024-fujairah-data-oil-product-stocks-jump-to-8-month-high-amid-ramadan\" style=\"\" rel=\"noopener\">S&amp;P Global<\/a> reported last week, citing Fujairah Oil Industry Zone and historical figures. Fujairah\u2019s stockpiles grew 16% since the end of last year, with the week seeing stocks of heavy distillates, which include grades used as shipping fuel, surging 11% to 10.64 mn barrels, a three-months high, while light distillates increased 6.3% to 7.53 mn barrels, and middle distillates grew 25% to 1.88 mn barrels, their highest in four weeks, S&amp;P Global said.<\/p>\n<p class=\"tag-border-left\">DATA POINTS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.gcans.gov.iq\/index.php?name=News&amp;file=article&amp;sid=209\" style=\"\" rel=\"noopener\">The General Air Navigation Company<\/a><\/strong><strong>, under Iraq\u2019s Transport Ministry, saw its <\/strong><strong>revenues surge 26% y-o-y to IQD 75.5 bn in 2023<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/motrans.gov.iq\/?article=1759\" style=\"\" rel=\"noopener\">statement<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Iran\u2019s road freight volumes&nbsp;<\/strong><strong>reached 14.75 mn tons for the year ending 19 March <\/strong><strong>2024<\/strong>,<strong> <\/strong>up 58% y-o-y, <a target=\"_blank\" href=\"https:\/\/www.tasnimnews.com\/en\/news\/2024\/03\/23\/3058309\/iran-s-road-transit-hits-58-in-one-year-roads-minister\" style=\"\" rel=\"noopener\">Tasnim<\/a> reported on Saturday, citing statements by Iran\u2019s Roads and Urban Developments Minister Mehrdad Bazrpash. The growth in volumes is attributed to improvements to software and infrastructure, as well as successful diplomatic drives, Tasnim said, citing IRNA. <\/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>The UAE will host <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/topic\/abu-dhabi-mobility-week\/\" style=\"\" rel=\"noopener\">Abu Dhabi Mobility Week<\/a><\/strong><strong> from Wednesday, 24 April to Wednesday, 1 <\/strong><strong>May <\/strong>in Abu Dhabi. The event, organized by <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/topic\/department-of-municipalities-and-transport\/\" style=\"\" rel=\"noopener\">The Department of Municipalities and Transport \u2013 Abu Dhabi (DMT)<\/a>, will feature announcements, forums, and introduce a mobility strategy for the emirate. <\/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>Iran will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/en.irna.ir\/news\/85413518\/Tehran-to-host-second-Iran-Africa-summit-in-April\" style=\"\" rel=\"noopener\">second Iran-Africa International Summit<\/a><\/strong><strong>from Wednesday, 24 April <\/strong><strong>through to Friday, 26 April<\/strong> in Tehran. The event will see Iran receive trade ministers from more than 40 African countries. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi Arabia will host a special <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.weforum.org\/events\/world-economic-forum-annual-meeting-2024\/\" style=\"\" rel=\"noopener\">World Economic Forum<\/a><\/strong><strong> event fr<\/strong><strong>om Sunday, 28 April through to Monday, 29 April<\/strong> in Riyadh. The event will focus on global collaboration and energy.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE will host the 23rd edition of the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.theairportshow.com\/\" style=\"\" rel=\"noopener\">Airport Show<\/a><\/strong><strong> from Tuesday, 14 May through to <\/strong><strong>Thursday, 16 May<\/strong> in Dubai. The 23rd Airport Show will see representation from airport suppliers, airport service providers, aviation executives, and regional decision makers. The event will highlight current innovations and new technologies, while emphasizing this year\u2019s \"Sustainability and Innovation,\" theme. <\/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 UAE will host <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.evinnovationsummit.com\/\" style=\"\" rel=\"noopener\">The Electric Vehicle Innovation Summit<\/a><\/strong><strong> from Monday, 20 May to <\/strong><strong>Wednesday, 22 May <\/strong>in Abu Dhabi. The event will see industry leaders come together to discuss sustainable mobility and tapping into groundbreaking advancements in electric vehicles while engaging with key decision-makers.<\/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\/cma-cgm\/\">CMA CGM<\/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                  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 story-section            \"\r\n            id=\"77572\">\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\">Cargo<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/03\/25\/sal-tibah-airports-ink-agreement-to-boost-cargo-capacity-at-madinah-airport\/\">\r\n                            SAL + Tibah Airports ink agreement to boost cargo capacity at Madinah Airport                        <\/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          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<\/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\/2024\/03\/25\/sal-tibah-airports-ink-agreement-to-boost-cargo-capacity-at-madinah-airport\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2058.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"77573\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/03\/25\/sal-tibah-airports-ink-agreement-to-boost-cargo-capacity-at-madinah-airport\/2058-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2058.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2058.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2058.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2058.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77572\" class=\"content-area-description single-story post-77572 post type-post status-publish format-standard has-post-thumbnail hentry category-cargo tag-aviation tag-cargo tag-logistics-hub tag-saudi-arabia wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/3\/.8284a53b-d6ba-4210-a99d-fd2a20ee9d66.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>SAL and Tibah Airports <\/strong><strong>partner<\/strong><strong> to boost cargo <\/strong><strong>capacity at Madinah airport:<\/strong> KSA-based logistics provider <a target=\"_blank\" href=\"https:\/\/sal.sa\/\" style=\"\" rel=\"noopener\">SAL Saudi Logistics Services<\/a> and Madinah\u2019s airport operator <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/company\/tibahairports\/?originalSubdomain=sa\" style=\"\" rel=\"noopener\">Tibah Airports<\/a> have inked a 16-year cooperation agreement to lease land for the development a new SAR 12 mn air cargo terminal at Madinah\u2019s Prince Mohammad Bin Abdulaziz International Airport, according to a Tadawul <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/!ut\/p\/z1\/04_Sj9CPykssy0xPLMnMz0vMAfIjo8ziTR3NDIw8LAz83d2MXA0C3SydAl1c3Q0NvE30w1EVGAQHmAIVBPga-xgEGbgbmOlHEaPfAAdwNCCsPwqvEndzdAVYnAhWgMcNXvpR6Tn5SZDwyCgpKbBSNVA1KElMSSwvzVEFujE5P7cgMa8yuDI3KR-oyMTIzFi_IDc0wiAzIDfcUVERAGLszNc!\/dz\/d5\/L0lDU0NRa2dwUXBRa0tDbEVLQ2xFS0lLVVFvZ3BSSWshL1lEVUVBQUFJSUVNRUNLSUVBR0lHT0lPSUJKRkpGQkpORE5EQk5MTEhMSFBJRUVMQWdvZ292QXNDQUEhIS80SkNpaksxYkdMamlFRXBNaFNUVVU1Q21tb1pyZHJMWnpVODF1MWxzRnFLVlZHS0EvWjdfNUE2MDJIODBPMEhUQzA2MFNHNlVUODFEUTYvWjZfNUE2MDJIODBPMEhUQzA2MFNHNlVUODFESTMvdmlldy9ub3JtYWwvQU5OT1VOQ0VNRU5UX05VTUJFUi83ODg3MC9jb21wYW55U3ltYm9sLzQyNjMvaHR0cDolMCUwdGFkYXd1bCUwL2FubkNhdC8xL2FuSWQvZW4!\/\" style=\"\" rel=\"noopener\">disclosure<\/a>. The transaction value is worth SAR 420K annually, or to a portion of the terminal\u2019s revenues, whichever is higher. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How it will work: <\/strong>SAL will construct and develop the cargo terminal on a 7.5k square meter plot, in a bid to boost cargo capacity and efficiency, according to the disclosure. SAL will save SAR 34.36 mn on rental costs over the duration of the contract.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And that\u2019s not all:<\/strong> National carrier Saudia also signed an agreement with Tibah Airports to expand Madinah airport\u2019s operational capacity through connecting it with other locations worldwide, <a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/N2071400\" style=\"\" rel=\"noopener\">SPA<\/a> reported last Thursday.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The airport is seeing an overhaul:<\/strong> The second phase of the Tibah\u2019s expansion work <a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/N2071400\" style=\"\" rel=\"noopener\">launched last week<\/a> as officials look to more than double the capacity to 17 mn travelers by 2027. The SAR 1.2 bn second phase is being carried out by a consortium that includes Turkish airports contractor TAV Construction and local Al Arrab Contracting.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>SAL inked a similar agreement with Dammam Airport back in December: <\/strong>The company <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/e040262d-7adb-46db-a984-d77da8e9178f\/kfia-cargo-terminal-to-get-sar-100-mn-overhaul\" style=\"\" rel=\"noopener\">is investing 100 mn<\/a> into the renovation and upgrade of the Dammam cargo terminalbetween now and 2033. The agreement sees SAL saving some SAR 276 mn in rent payments over the period, while receiving an annual payment from the airport that is equivalent to SAR 16.5 mn or 5% of the terminal\u2019s annual gross revenues, whichever is higher.<\/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\/cargo\/\">CARGO<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/logistics-hub\/\">logistics hub<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"77574\" 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=\"77574\">\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\">Investment Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/03\/25\/turkish-firm-eyes-usd-7-bn-logistics-and-industrial-zone-in-egypt\/\">\r\n                            Turkish firm eyes USD 7 bn logistics and industrial zone in Egypt                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/03\/25\/turkish-firm-eyes-usd-7-bn-logistics-and-industrial-zone-in-egypt\/\" 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\/2024\/03\/25\/turkish-firm-eyes-usd-7-bn-logistics-and-industrial-zone-in-egypt\/')\">\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\/2024\/03\/25\/turkish-firm-eyes-usd-7-bn-logistics-and-industrial-zone-in-egypt\/\">\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=Turkish firm eyes USD 7 bn logistics and industrial zone in Egypt&url=https:\/\/enterpriseam.com\/logistics\/2024\/03\/25\/turkish-firm-eyes-usd-7-bn-logistics-and-industrial-zone-in-egypt\/\">\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\/2024\/03\/25\/turkish-firm-eyes-usd-7-bn-logistics-and-industrial-zone-in-egypt\/&title=Turkish firm eyes USD 7 bn logistics and industrial zone in Egypt\">\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=Turkish+firm+eyes+USD+7+bn+logistics+and+industrial+zone+in+Egypt+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F03%2F25%2Fturkish-firm-eyes-usd-7-bn-logistics-and-industrial-zone-in-egypt%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\/2024\/03\/25\/turkish-firm-eyes-usd-7-bn-logistics-and-industrial-zone-in-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2133.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"77575\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/03\/25\/turkish-firm-eyes-usd-7-bn-logistics-and-industrial-zone-in-egypt\/2133-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2133.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2133.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2133.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2133.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77574\" class=\"content-area-description single-story post-77574 post type-post status-publish format-standard has-post-thumbnail hentry category-investment-watch tag-egypt tag-investment-watch tag-trade tag-turkey 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\/2024\/3\/.aa938018-11be-490b-891b-a36a41198af1.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>A Turkish industrial zone <\/strong><strong>in Egypt back in the cards<\/strong><strong>?<\/strong> Turkish firm <a target=\"_blank\" href=\"https:\/\/www.dogusgrubu.com.tr\/en\/construction\" style=\"\" rel=\"noopener\">Do\u011fu\u015f Construction and<\/a><a target=\"_blank\" href=\"https:\/\/www.dogusgrubu.com.tr\/en\/construction\" style=\"\" rel=\"noopener\">Trade<\/a> has inked an MoU with state-owned <a target=\"_blank\" href=\"https:\/\/egmpt.com\/\" style=\"\" rel=\"noopener\">Egyptian Group For Multipurpose Terminals<\/a> to establish a USD 7 bn industrial and logistics zone on the country\u2019s north coast in Gargoub, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0HwZdnmoPGwWm5YdyRe7GRSD8Zi7GRH73LR3M79BFkVmNQQkoR4eBRimiPY2aiqSgl\" style=\"\" rel=\"noopener\">statement<\/a> released on Friday. A binding agreement is expected to be signed by the end of the year and operations at the multipurpose terminal and the logistics area are slated to kick off in 2026.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>The project plans to establish a commercial port in addition to logistics and free zones linked to a railway network, a freight station, a yacht marina, a multipurpose terminal, and an industrial zone, the statement notes. It will take six months to complete studies and obtain the required approvals for the project. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The rumor mill was buzzing: <\/strong>Enterprise had heard from industry insiders <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/61feda9d-45f8-45f1-946f-8a5c7659d098\/with-warmer-political-ties,%253cmark%253e-turkey-%253c%2Fmark%253ecould-give-egyptian-industry-a-shot-in-the-arm\" style=\"\" rel=\"noopener\">back in February<\/a> that Egypt and Turkey were looking to revive plans to set up Turkish industrial zones in Egypt following President Recep Tayyip Erdogans\u2019 <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7ae5b0fc-803e-47d7-a69e-acd5831c4f19\" style=\"\" rel=\"noopener\">visit to the country<\/a>. We had also heard from meetings held preceding Erdogan\u2019s visit by Egypt\u2019s Trade Minister Ahmed Samir and Turkish business representatives that a Turkish industrial zone would house industries active in aluminum production, automotives, machinery and equipment, and advanced tech.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why is this important?<\/strong> Ankara sees the potential to boost exports to Africa via Egypt, Egyptian-Turkish Business Council member Majd El Manzalawy told Enterprise earlier in the year. This geographical advantage, coupled with an investor-friendly environment due to incentives like the golden license program, positions Egypt as an attractive investment destination for Egypt, House Economic Committee member Attia El Fayoumi told Enterprise.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Gargoub is attracting attention: <\/strong>South Korean trading company <a target=\"_blank\" href=\"https:\/\/www.stx.co.kr\/eng\" style=\"\" rel=\"noopener\">STX Corporation<\/a> said it will work with Egypt to upgrade Gargoub port, establish an industrial-logistics zone, and buildan oil pipeline connecting Libyan fields to the port <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/efcd096e-ac76-4d81-a0cc-3cf567188234\/south-korea%25e2%2580%2599s-stx-to-help-develop-egypt%25e2%2580%2599s-gargoub-port-%2B-logistics-zone\" style=\"\" rel=\"noopener\">last November<\/a>. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/egypt\/\">Egypt<\/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\/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                            <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=\"77576 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=\"77576\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/03\/25\/77576\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77576\" class=\"content-area-description single-story post-77576 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\/12\/425.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=\"77577\" 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=\"77577\">\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\">M&amp;A Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/03\/25\/ad-ports-acquires-60-of-georgias-tbilisi-dry-port\/\">\r\n                            AD Ports acquires 60% of Georgia\u2019s Tbilisi Dry Port                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/03\/25\/ad-ports-acquires-60-of-georgias-tbilisi-dry-port\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/logistics\/2024\/03\/25\/ad-ports-acquires-60-of-georgias-tbilisi-dry-port\/')\">\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\/2024\/03\/25\/ad-ports-acquires-60-of-georgias-tbilisi-dry-port\/\">\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=AD Ports acquires 60% of Georgia\u2019s Tbilisi Dry Port&url=https:\/\/enterpriseam.com\/logistics\/2024\/03\/25\/ad-ports-acquires-60-of-georgias-tbilisi-dry-port\/\">\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\/2024\/03\/25\/ad-ports-acquires-60-of-georgias-tbilisi-dry-port\/&title=AD Ports acquires 60% of Georgia\u2019s Tbilisi Dry Port\">\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=AD+Ports+acquires+60%25+of+Georgia%E2%80%99s+Tbilisi+Dry+Port+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F03%2F25%2Fad-ports-acquires-60-of-georgias-tbilisi-dry-port%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/03\/25\/ad-ports-acquires-60-of-georgias-tbilisi-dry-port\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2178.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"77578\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/03\/25\/ad-ports-acquires-60-of-georgias-tbilisi-dry-port\/2178-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2178.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2178.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2178.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2178.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77577\" class=\"content-area-description single-story post-77577 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch-2 tag-ad-ports tag-dry-port tag-ma-watch 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\/2024\/3\/.bcd59048-6d93-4c60-a83e-436129023bf0.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>UAE-based port operator AD Ports has inked a purchase agreement with Inveco, <\/strong><strong>acquiring a 60% stake in Georgia\u2019s Tbilisi Dry Port<\/strong>, a new custom-bonded and rail-connected intermodal hub under development in Georgia, according to a <a target=\"_blank\" href=\"https:\/\/www.adportsgroup.com\/en\/news-and-media\/2024\/03\/22\/ad-ports-group-acquires-majority-stake-in-tbilisi-dry-port\" style=\"\" rel=\"noopener\">statement<\/a> released on Friday. The project \u2014 slated to be operational by 4Q 2024 \u2014 will serve as a key component in the anticipated Middle Corridor, an emerging trade route linking manufacturing hubs in Western Asia to markets in Eastern Europe. No details regarding the investment ticket were disclosed in the statement. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Middle Corridor, Enterprise?<\/strong> The 7k km corridor represents the shortest route connecting Asia to Europe and will require between 10 to 15 days to transit, the statement notes. The artery is projected to lend considerable growth in container volumes hitting some 1.9 mn TEUs by 2040.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details:<\/strong> The project covers two land plots that will be developed over three phases, with the initial phase seeing a handling capacity of some 96.5k TEUs, 10k sqm of warehousing space, and car storage yards, the statement said. The third phase will see capacity boosted to 286k TEU, 100k sqm of warehousing space, and more expansive car storage yards. An additional 88k sqm of land is available for future expansion subject to volume growth.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More on the dry port: <\/strong>The intermodal logistics hub connects the Caspian Sea and Black Sea via Turkey, Georgia, and Azerbaijan, the statement said. The port will consist of a range of integrated facilities, including a container freight station, warehouses, and a car storage park, and will serve as an entry, exit, and regional transit point for manufacturers, shippers, and consignees moving containers, vehicles, and other merchandise for distribution and storage. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Who\u2019s involved?<\/strong> AD Ports\u2019 logistics subsidiary Noatum will operate and manage facilities at the port, while coordinating with partners Inveco and Wilhelmsen, the statement notes. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER:<\/strong> AD Ports Group <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/8edf9e4b-0ac1-4f35-af51-9d8b15bba502\" style=\"\" rel=\"noopener\">finalized its acquisition of Spain-based Noatum<\/a> in mid-2023, after receiving regulatory greenlight, with the outfit being valued at EUR 660 mn at the time.<\/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\/ad-ports\/\">AD Ports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/dry-port\/\">dry port<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"77579\" 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=\"77579\">\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\">Disruption Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/03\/25\/maersk-will-continue-to-reroute-shipments-as-continued-disruptions-and-skirmishes-batter-the-market\/\">\r\n                            Maersk will continue to reroute shipments as continued disruptions and skirmishes batter the market                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn 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decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2331.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"77580\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/03\/25\/maersk-will-continue-to-reroute-shipments-as-continued-disruptions-and-skirmishes-batter-the-market\/2331-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2331.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2331.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2331.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2331.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77579\" class=\"content-area-description single-story post-77579 post type-post status-publish format-standard has-post-thumbnail hentry category-disruption-watch tag-disruption-watch tag-houthi tag-maersk tag-red-sea 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\/2024\/3\/.0a5b7c7c-e0b6-4931-aa47-c25f92938cca.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Shipping giant <\/strong><strong>Maersk will <\/strong><strong>continue to reroute shipments via the Cape of Good Hope and away from the Red Sea<\/strong>, despite the deployment of an <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/5a54c1a9-21be-43a8-a719-110ba32ea936\/today:-a-new-riyadh-logistics-park-%2B-mubadala-eyes-stakes-in-london-heathrow\" style=\"\" rel=\"noopener\">EU naval force to the region<\/a>, according to a <a target=\"_blank\" href=\"https:\/\/www.maersk.com\/news\/articles\/2023\/12\/15\/maersk-operations-through-red-sea-gulf-of-aden\" style=\"\" rel=\"noopener\">statement<\/a> released on Friday. Attacks have ramped up despite the deployments and the \u201crisk level in the region remains elevated,\u201d the company said. Recent attacks which saw loss of life aboard the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/0b48fcdb-c07e-4fbf-adee-bd8dfc680ab0\" style=\"\" rel=\"noopener\">True Confidence<\/a> and the sinking of the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/edition\/logistics\/218347e6-ba51-48c6-86c0-dafbfcd1e8be\" style=\"\" rel=\"noopener\">Rubymar<\/a> also contributed to the carrier\u2019s decision, it said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Older cargo ships with untraceable ins. are choosing to brave the Red Sea route<\/strong>,<strong> <\/strong>increasing risks of environmental damage, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/newsletters\/2024-03-21\/supply-chain-latest-older-ships-in-the-red-sea\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported on Thursday, citing its own analysis. Ships transiting the Red Sea and the Suez Canal are older and hold murkier ins. information compared with data from last year, research found. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Houthis have granted <\/strong><strong>China <\/strong><strong>and Russia guarantees of safe passage for their vessels transiting the Red Sea and Gulf of Aden<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-03-21\/china-russia-reach-agreement-with-yemen-s-houthis-on-red-sea-ships\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported on Thursday, citing sources with knowledge of the matter. China and Russia are set to grant the Houthis support in bodies such as the UN Security Council in exchange, the sources said. The nature of this support is so far unclear, but it could include blocking resolutions targeting the Iranian-backed group, Bloomberg said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The<\/strong><strong> skirmishes continue: <\/strong>US forces shot down six Houthi unmanned aerial vehicles in the southern Red Sea on Saturday in response to the firing of four anti-ship ballistic missiles towards a Chinese-owned oil tanker, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/us-forces-engage-six-houthi-unmanned-aerial-vehicles-over-southern-red-sea-2024-03-24\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing a US Central Command (Centcom) statement. A fifth missile was also launched towards the vessel, but no injuries were reported, the newswire said. The preceding day had seen Centcom carry out \u201cself-defense strikes\u201d targeting Houthi underground weapon storage facilities, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/us-says-it-conducted-self-defense-strikes-against-houthi-facilities-2024-03-23\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Saturday, citing a separate Centcom statement. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Tankers<\/strong><strong> trapped amid Red Sea crossfire pose spillage risk:<\/strong> Two tankers, dubbed FSO Safer and MT Yemen, carrying oil and toxic chemicals remain stuck in the Red Sea near Yemen\u2019s port of Ras Issa, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/red-sea-fighting-traps-two-oil-ships-houthi-waters-2024-03-21\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Thursday. Despite urgent calls by the UN to empty the vessels and relocate them to avoid a toxic spill, differences between the Houthis and Yemen\u2019s internationally recognized government on who should benefit from the proceeds from the oil sale remain. A USD 121 mn operation by the UN saw 1 mn barrels of oil transferred from the decaying hull of the FSO Safer to the MT Yemen <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/edcbe24f-803d-4fee-a975-fdaaac2b7dac\/today:-masdar-beats-acwa-power-in-a-bid-to-build-and-operate-the-sixth-phase-of-al-maktoum-solar-park\" style=\"\" rel=\"noopener\">last August<\/a>. <\/p>\n<p class=\"tag-border-left\">MARKET WATCH-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A shortage in the global tanker fleet may arise if the Red Sea crisis drags on for <\/strong><strong>another six m<\/strong><strong>onths,<\/strong> Kuwait Petroleum Corporation (KPC) CEO Nawaf Al Sabah told <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2024\/03\/20\/red-sea-crisis-may-lead-to-tanker-shortage-kuwait-petroleum-ceo-says-.html\" style=\"\" rel=\"noopener\">CNBC<\/a> last week at the sidelines of the CERAWeek conference in Houston. The company has diverted some shipments around the Cape of Good Hope and is continuing to use the Red Sea route, while leveraging its strategic fleet to ensure that timely deliveries continue. However, continued disruptions may see interruptions to supplies from other producers that do not have the same extra capacity, the executive explained. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>S<\/strong><strong>hippers are eyeing long term charters for tankers as longer <\/strong><strong>journeys, rising risk premiums, and decreased capacity have caused rates to surge<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/ceraweek-shippers-turn-longer-term-leases-tanker-supply-tightens-2024-03-20\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported last week, citing statements by shipping executives. Charters for Aframax vessels, which can haul some 800k barrels of crude, have ramped up to a daily rate of USD 49.5k up from USD 39k five months ago, the newswire said, citing shipping data. Detours have stretched some voyages by three weeks, hiking costs and tightening availability, while risk premiums for Red Sea transits and tankers going out of service due to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/31905e1c-0828-4ca5-9ea5-c5038a724f3d\/today:-dubai-launches-dubai-creek-pier-renovation-project-%2B-dp-world-and-masdar-team-up-on-decarbonization-push\" style=\"\" rel=\"noopener\">sanctions for moving Russian crude<\/a> have further tightened the market. These dynamics have led shippers to prefer long term leases, in order to lock-in rates and save on chartering. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Surging <\/strong><strong>oil prices on the back of Red Sea disruptions are stoking inflation and <\/strong><strong>weighing down economic growth in India, <\/strong>highlighting the need for the country to diversify its trade routes, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/india\/indias-inflation-growth-risk-red-sea-crisis-driven-oil-price-rise-govt-says-2024-03-22\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported, citing Friday statements by India\u2019s government. Some 80% of India\u2019s merchandise trade passes through the Red Sea, including essential products such as crude oil, auto parts, chemicals, and textiles, the newswire said. The aggregation of increased freight costs, higher ins. premiums, and longer transit times, can make imported goods \u201csignificantly more expensive,\u201d the newswire cites India\u2019s finance ministry as saying. India\u2019s exports are also impacted by the disruptions, as higher costs make them less competitive. \u201cTo effectively address these challenges, there may be a need to diversify trade routes and transportation options,\u201d India\u2019s finance ministry said, adding that it retains a positive outlook for the country\u2019s economy despite these setbacks. <\/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\/disruption-watch\/\">DISRUPTION WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/houthi\/\">Houthi<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/maersk\/\">Maersk<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/red-sea\/\">Red Sea<\/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=\"77581 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=\"77581\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/03\/25\/77581\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77581\" class=\"content-area-description single-story post-77581 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:\/\/transmar.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2700.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=\"77582\" 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=\"77582\">\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\/2024\/03\/25\/turkey-gcc-eye-trade-agreement\/\">\r\n                            Turkey + GCC eye trade agreement                        <\/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\/2024\/03\/25\/turkey-gcc-eye-trade-agreement\/\" 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\/2024\/03\/25\/turkey-gcc-eye-trade-agreement\/')\">\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\/2024\/03\/25\/turkey-gcc-eye-trade-agreement\/\">\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=Turkey + GCC eye trade agreement&url=https:\/\/enterpriseam.com\/logistics\/2024\/03\/25\/turkey-gcc-eye-trade-agreement\/\">\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\/2024\/03\/25\/turkey-gcc-eye-trade-agreement\/&title=Turkey + GCC eye trade agreement\">\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=Turkey+%2B+GCC+eye+trade+agreement+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F03%2F25%2Fturkey-gcc-eye-trade-agreement%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\/2024\/03\/25\/turkey-gcc-eye-trade-agreement\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2174.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"77583\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/03\/25\/turkey-gcc-eye-trade-agreement\/2174-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2174.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2174.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2174.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2174.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77582\" class=\"content-area-description single-story post-77582 post type-post status-publish format-standard has-post-thumbnail hentry category-diplomacy tag-diplomacy tag-trade tag-turkey tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/3\/.2ebc6c78-926b-469f-a59a-e33d5c3ef31f.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.gcc-sg.org\/en-us\/Pages\/default.aspx\" style=\"\" rel=\"noopener\">Gulf Cooperation Council<\/a><\/strong><strong> (GCC) has inked a joint statement with Turkey to <\/strong><strong>initiate trade liberalization talks<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.gcc-sg.org\/en-us\/MediaCenter\/NewsCooperation\/News\/Pages\/news2024-3-21-1.aspx\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. The agreement was signed in Ankara by GCC Secretary General Jasem Mohamed Albudaiwi and Turkish Trade Minister Omer Bolat. \u201cThe agreement will liberalize trade in goods and services, facilitate investments and trade, and increase [Turkey\u2019s] trade with the region,\u201d Bolat said in a <a target=\"_blank\" href=\"https:\/\/twitter.com\/omerbolatTR\/status\/1770749074066559243\" style=\"\" rel=\"noopener\">statement<\/a>, adding that he believes the agreement could lead to the creation of one of the world\u2019s largest free trade areas.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background:<\/strong> The UAE and Turkey <a target=\"_blank\" href=\"https:\/\/www.moec.gov.ae\/en\/cepa_turkey?p_l_back_url=%2Fen%2Fsearch-results%3Fq%3DMinistory%2520of%2520Economy%26start%3D9\" style=\"\" rel=\"noopener\">inked last year<\/a> a comprehensive economic partnership agreement to boost trade between them. The agreement came into effect in September 2023. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"77584\" 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=\"77584\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Also on Our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/03\/25\/qatarenergy-nakilat-ink-charter-agreement-dammam-port-gets-a-new-weekly-service-egypt-eyes-agency-to-guarantee-exports-to-fragile-states\/\">\r\n                            QatarEnergy + Nakilat ink charter agreement, Dammam Port gets a new weekly service, Egypt eyes agency to guarantee exports to fragile states                        <\/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\/2024\/03\/25\/qatarenergy-nakilat-ink-charter-agreement-dammam-port-gets-a-new-weekly-service-egypt-eyes-agency-to-guarantee-exports-to-fragile-states\/\" 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   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eyes agency to guarantee exports to fragile states\">\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=QatarEnergy+%2B+Nakilat+ink+charter+agreement%2C+Dammam+Port+gets+a+new+weekly+service%2C+Egypt+eyes+agency+to+guarantee+exports+to+fragile+states+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F03%2F25%2Fqatarenergy-nakilat-ink-charter-agreement-dammam-port-gets-a-new-weekly-service-egypt-eyes-agency-to-guarantee-exports-to-fragile-states%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\/2024\/03\/25\/qatarenergy-nakilat-ink-charter-agreement-dammam-port-gets-a-new-weekly-service-egypt-eyes-agency-to-guarantee-exports-to-fragile-states\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2191.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"77585\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/03\/25\/qatarenergy-nakilat-ink-charter-agreement-dammam-port-gets-a-new-weekly-service-egypt-eyes-agency-to-guarantee-exports-to-fragile-states\/2191-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2191.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2191.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2191.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2191.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77584\" class=\"content-area-description single-story post-77584 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-agility-logistics tag-also-on-our-radar tag-egypt tag-mawani tag-qatar-gas-transport-company 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\/2024\/3\/.a0559245-80a5-472a-b4e0-11ed4c206abc.mp3\"><\/audio><\/figure>\n<p class=\"tag-border-left\">SHIPPING + MARITIME-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>QatarEnergy + Nakilat sign time-charter agreement: <\/strong>QatarEnergy has inked a time-charter party agreement with <a target=\"_blank\" href=\"https:\/\/www.nakilat.com\/\" style=\"\" rel=\"noopener\">Qatar Gas Transport Company Li<\/a><a target=\"_blank\" href=\"https:\/\/www.nakilat.com\/\" style=\"\" rel=\"noopener\">mited (Nakilat)<\/a> for the operation of 25 conventional size LNG vessels as part of the second ship-owner tender under QatarEnergy\u2019s LNG Fleet Expansion program, according to a <a target=\"_blank\" href=\"https:\/\/www.qatarenergy.qa\/en\/MediaCenter\/Pages\/newsdetails.aspx?ItemId=3802\" style=\"\" rel=\"noopener\">statement<\/a>. The vessels will each have a capacity of 174k cubic meters and will be chartered for 15 years. Hyundai Heavy Industries will construct 17 of the vessels, while the other eight will be built by Hanwha Ocean, according to the release. The agreement supports QatarEnergy\u2019s drive to bolster its LNG production capacity to some 142 mn tons per year by 2030, according to the release.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>SOUND SMART- <\/strong>A time charter party is where the owner of a vessel or ship charters the vessel to a time charterer for an agreed period of time, according to <a target=\"_blank\" href=\"https:\/\/unctad.org\/system\/files\/information-document\/Day_2_Session_3_%26_4_Time_Charterparties_Synopsis.pdf\" style=\"\" rel=\"noopener\">UNCTAD<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Mawani adds another shipping service to King Abdul Aziz Port:<\/strong> The Saudi General Ports Authority (<a target=\"_blank\" href=\"https:\/\/mawani.gov.sa\/\" style=\"\" rel=\"noopener\">Mawani<\/a>) has added a new shipping service, UIG, to its King Abdulaziz Port in Dammam, according to a <a target=\"_blank\" href=\"https:\/\/mawani.gov.sa\/article?news=000324&language=ar\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. The new service will link the port to Mundra, Kandla, and Nava Sheva in India, Umm Qasr in Iraq, Hamad in Qatar, and Khalifa in Abu Dhabi, offering a capacity of 3.7k standard containers. UIG will operate weekly.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">AVIATION- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Menzies expands ground handling services: <\/strong>Agility subsidiary <a target=\"_blank\" href=\"https:\/\/menziesaviation.com\/\" style=\"\" rel=\"noopener\">Menzies Aviation<\/a> has obtained a new ground handling license to provide passenger and ramp services at Jorge Chavez International Airport (LIM) in Lima, Peru, according to a <a target=\"_blank\" href=\"https:\/\/menziesaviation.com\/news\/menzies-aviation-secures-new-ground-handling-license-in-peru\/\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. Under an eight-year agreement, the company will offer a range of ground services with plans for a local recruitment campaign to meet demand. All employees will undergo training to ensure customers receive safe and secure services, the statement said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>OTHER STORIES WORTH KNOWING THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>Riyadh Air sets sustainability goals: <\/strong>Saudi Arabia\u2019s <a target=\"_blank\" href=\"https:\/\/www.riyadhair.com\/\" style=\"\" rel=\"noopener\">Riyadh Air<\/a> has joined the United Nations Global Compact (UNGC) sustainability initiative, with the aim of incorporating UN sustainability goals in its operations. (<a target=\"_blank\" href=\"http:\/\/www.riyadhair.com\/en\/media-center\/riyadh-air-joins-united-nations-global-compact-with-the-intentio\" style=\"\" rel=\"noopener\">Press release<\/a>) <\/li>\n<li><strong>Iraq announces aircraft restoration: <\/strong>Iraq\u2019s Transport Ministry has announced the return to service of <a target=\"_blank\" href=\"https:\/\/www.iraqiairways.com.iq\/\" style=\"\" rel=\"noopener\">Iraqi Airways<\/a> \u2019 sixth aircraft, a Boeing 737-800. The airline aims to return 10 aircraft to service by year-end. (<a target=\"_blank\" href=\"https:\/\/motrans.gov.iq\/?article=1740\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>SAFEEN vessel resumes operations:<\/strong><a target=\"_blank\" href=\"https:\/\/www.safeen.ae\/\" style=\"\" rel=\"noopener\">SAFEEN Group<\/a> \u2019s 36k-tonne bulk carrier Al Maqam has recommenced operations and is trading globally. (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/safeen-group_safeengroup-adportsgroup-safeen-activity-7176820135943421952-K7tp\/?utm_source=share&utm_medium=member_desktop\" 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\/agility-logistics\/\">Agility Logistics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/mawani\/\">Mawani<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/qatar-gas-transport-company\/\">Qatar Gas Transport Company<\/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=\"77586\" 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\/2024\/03\/25\/77586\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77586\" class=\"content-area-description single-story post-77586 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;\">APRIL <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>24 April- 1 May ( Wednesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.mediaoffice.abudhabi\/en\/topic\/abu-dhabi-mobility-week\/\" style=\"\">Abu Dhabi Mobility Week<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>24 April- 26 April (Wednesday-Friday):  <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/en.irna.ir\/news\/85413518\/Tehran-to-host-second-Iran-Africa-summit-in-April\" style=\"\">The second Iran-Africa International Summit<\/a><\/span><span style=\"font-weight:400;\">, 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>27 April- 1 May (Saturday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.irantsn.com\/en\" style=\"\">Iran Expo 2024<\/a><\/span><span style=\"font-weight:400;\">, Tehran International Permanent Fairground, 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>28 April - 29 April (Sunday - Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.weforum.org\/events\/world-economic-forum-annual-meeting-2024\/\" style=\"\">World Economic Forum<\/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>29 April- 2 May(Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.glafamily.com\/about-GLA-Global-Logistics-Conference\" style=\"\">GLA Global Logistics Conference<\/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>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>April: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.investinabudhabi.gov.ae\/News\/Abu-Dhabi-to-Host-DRIFTx-For-Smart-and-Autonomous-Mobility\" style=\"\">Driftx<\/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 style=\"font-weight:700;\">MAY <\/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>2-4 May(Thursday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"http:\/\/ensias.um5.ac.ma\/news\/7th-edition-international-conference-logistics-operations-management-smart-sustainable-and\" style=\"\">The International Conference on Logistics Operations Management: smart, sustainable and green logistics<\/a><\/span><span style=\"font-weight:400;\"> (GOL), Marrakesh, 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>3-5 May (Friday-Sunday):<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.logistiqua.com\/\" style=\"\">2024 IEEE 15th international conference on Logistics and Supply Chain Management<\/a><\/span><span style=\"font-weight:400;\">, University of Sousse, Tunisia, Tunis.<\/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>7-9 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.aimcongress.com\/\" style=\"\">Annual Investment Meeting (AIM) Congress<\/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>14-15 May (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.terrapinn.com\/exhibition\/seamless-middle-east\/index.stm\" style=\"\">Seamless Middle East<\/a><\/span><span style=\"font-weight:400;\">, Dubai World 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>14-16 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.theairportshow.com\/\" style=\"\">Airport Show<\/a><\/span><span style=\"font-weight:400;\">, DWTC, 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>20-22 May (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.evinnovationsummit.com\/\" style=\"\">The Electric Vehicle Innovation Summit<\/a><\/span><span style=\"font-weight:400;\"> (EVIS), 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>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 <\/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>2-4 June (Sunday-Tuesday):<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iata.org\/en\/pressroom\/2023-releases\/2023-06-05-03\/\" style=\"\">IATA Annual General Meeting (AGM) and World Air Transport 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>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 <\/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>8-10 October (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wam.ae\/en\/article\/b25n998-under-patronage-mansour-bin-zayed-inaugural-global\" style=\"\">The Global Rail Transport Infrastructure Exhibition and Conference<\/a><\/span><span style=\"font-weight:400;\">(Global Rail), Abu Dhabi. <\/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>7-9 October (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.afsic.net\/delegate-registration\/\" style=\"\">AFSIC \u2013 Investing in Africa,<\/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>22-24 October (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.transportevents.com\/ForthcomingEventsdetails.aspx?EventID=EVE201\" style=\"\">Asean Ports and Logistics 2024<\/a><\/span><span style=\"font-weight:400;\">, Johor, Malaysia.<\/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>11-14 November (Sunday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.adipec.com\/maritime-logistics\/\" style=\"\">ADIPEC Maritime and Logistics Exhibition and Conference<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi.<\/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>18-20 November (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.theheatshow.com\/beta\/\" style=\"\">The Heavy Equipment and Truck (HEAT) Show<\/a><\/span><span style=\"font-weight:400;\">, Dhahran Expo, Damman, 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;\">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 style=\"font-weight:400;\">10-12 December (Tuesday-Thursday): Middle East Business Aviation, Dubai World Central, 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;\">20 December (Wednesday): The 5th Iran-Senegal Joint Economic Cooperation Commission, Dakar, Senegal.<\/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>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;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span> 2H 2024: Bahri\u2019s barges for Saline Water Conversion Corporation (SWCC) to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/tools.eurolandir.com\/tools\/Pressreleases\/GetPressRelease\/?ID=4438553&lang=en-GB&companycode=sa-bahri&v=redesign\" style=\"\">begin<\/a><\/span><span style=\"font-weight:400;\"> initial and commercial operation.<\/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;\">King Salman Energy Park is 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 style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/mediaoffice.ae\/en\/news\/2024\/February\/27-02\/DCC-partners-with-Worldef-International\" style=\"\">The Cross-Border Digital Trade Forum<\/a><\/span><span style=\"font-weight:400;\">, Dubai. <\/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;\">AD Ports-operated Safaga Port\u2019s multi-purpose terminal will 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 style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.apmterminals.com\/en\/news\/news-releases\/2023\/231213-one-million-teu-expansion-at-apm-terminals-tangier-med-port-operational#:~:text=12%2F18%2F2023-,One%20million%20TEU%20expansion%20at%20APM%20Terminals%20Tangier%20MedPort%20operational,an%20additional%20400%20metre%20berth.\" style=\"\">Phase 3<\/a><\/span><span style=\"font-weight:400;\"> of APM Terminals Tangier MedPort to be complete and 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 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>1Q 2025: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.jafza.ae\/media-centre\/news\/jafza-completes-phase-1-of-new-logistics-park\/\" style=\"\">Phase two<\/a><\/span><span style=\"font-weight:400;\">of Jafza Logistics Park 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>SAL + Tibah will boost cargo capacity at Madinah Airport | A new logistics zone for Egypt? | AD Ports snaps up 60% of Georgia\u2019s Tbilisi Dry Port<\/p>\n","protected":false},"featured_media":77568,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-77567","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"2f47be57-44ed-48b5-a030-b7c06e6233e0","teaser":"SAL + Tibah will boost cargo capacity at Madinah Airport | A new logistics zone for 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