{"id":77719,"date":"2024-04-02T00:00:00","date_gmt":"2024-04-02T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=77719"},"modified":"2025-12-15T14:25:32","modified_gmt":"2025-12-15T14:25:32","slug":"adnoc-gas-earmarks-usd-13-bn-for-expansion-efforts","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/adnoc-gas-earmarks-usd-13-bn-for-expansion-efforts\/","title":{"rendered":"Adnoc Gas earmarks USD 13 bn for expansion efforts"},"content":{"rendered":"<section id=\"77721\" 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=\"77721\">\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\/04\/02\/today-adnoc-gas-earmarks-usd-13-bn-for-expansion-efforts\/\">\r\n                            TODAY: Adnoc Gas earmarks USD 13 bn for expansion efforts                        <\/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\/04\/02\/today-adnoc-gas-earmarks-usd-13-bn-for-expansion-efforts\/\" target=\"_blank\">\n                    Open in new tab                   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  <a href=\"https:\/\/api.whatsapp.com\/send?text=TODAY%3A+Adnoc+Gas+earmarks+USD+13+bn+for+expansion+efforts+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F04%2F02%2Ftoday-adnoc-gas-earmarks-usd-13-bn-for-expansion-efforts%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\/04\/02\/today-adnoc-gas-earmarks-usd-13-bn-for-expansion-efforts\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1273.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"77722\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/02\/today-adnoc-gas-earmarks-usd-13-bn-for-expansion-efforts\/1273-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1273.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1273.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1273.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1273.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77721\" class=\"content-area-description single-story post-77721 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-aviation tag-jordan tag-kuwait tag-morocco tag-trade tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/4\/.c9ddd298-843f-45c9-a4e4-0a8ad2d8d3f4.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, friends. <\/strong>It\u2019s quiet on the regional logistics front as we draw nearer to the end of Ramadan, but we have some development emerging from the UAE and KSA and the latest on the Baltimore bridge. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- <\/strong><strong>Our Enterprise Saudi edition ran a <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/21fdf343-eabd-489b-a7d4-96429e7234af\" style=\"\" rel=\"noopener\">nifty explainer on backwardation<\/a><\/strong>, which has been popping up in the oil commodities market lately.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt4\"><\/a>THE BIG LOGISTICS STORY-<\/strong><strong>Baltimore prepares to open an alternate channel for marine traffic: <\/strong>Officials in Baltimore are preparing to <a target=\"_blank\" href=\"https:\/\/www.keybridgeresponse2024.com\/post\/update-4-multimedia-release-unified-command-prepares-for-opening-of-temporary-alternate-channel-aro\" style=\"\" rel=\"noopener\">open a temporary alternate channel<\/a> around wreckage from the collapsed Baltimore Francis Scott Key Bridge for commercially essential vessels, after a Maersk-chartered container ship <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/ddf16267-4d61-4596-8947-960045d0d02c\/today:-more-americas-expansion-for-dp-world-%2B-baltimore-bridge-collapses\" style=\"\" rel=\"noopener\">collided with the bridge last Tuesday<\/a>. An announcement for the temporary channel \u2014 which marks the first step to opening the port of Baltimore was given on Sunday by state and federal agencies who did not provide a timeline. The opening of this route \u2014 which is 11 feet deep and has 264-foot horizontal clearance and 96 foot vertical clearance, will support the flow of marine traffic into Baltimore, and is part of a \u201cphased approach to opening the main channel.\u201d <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Crews are continuing to remove steel and concrete at the site of the Patapsco River<\/strong>, with dive teams surveying parts of the bridge and checking the ship. US President Joe Biden is set to visit the site on Friday, his press secretary announced on Monday for an on ground visit. An operation started Saturday for collecting debris and removal of the ship. Parts of the non-federal channel are being worked on with a 1k ton capacity life crane on a barge being implemented, US Transport Minister Pete Buttigieg said. The US government has granted <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/edition\/logistics\/daa639ac-45f3-46c5-9422-521f48bbf8c2\/adib-extends-usd-235-mn-to-al-seer-marine-%2B-bgn-to-finance-vlgcs\" style=\"\" rel=\"noopener\">USD 60 mn<\/a> in funding to clear the wreckage.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The story continued to grab ink from the international press:<\/strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/us\/maryland-opens-temporary-channel-collapsed-bridge-site-governor-2024-04-01\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/baltimore-bridge-collapse-04-01-2024-74e78dc0fbc42ae2780c58719d024952\" style=\"\" rel=\"noopener\">AP<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2024\/04\/01\/us\/key-bridge-baltimore-alternate-channel.html\" style=\"\" rel=\"noopener\">The New York Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bbc.com\/news\/world-us-canada-68706452\" style=\"\" rel=\"noopener\">BBC<\/a> | <a target=\"_blank\" href=\"https:\/\/www.independent.co.uk\/news\/world\/americas\/baltimore-francis-scott-key-bridge-collapse-deaths-update-b2521449.html\" style=\"\" rel=\"noopener\">The Independent<\/a> | <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2024\/03\/31\/baltimore-bridge-collapse-a-national-economic-catastrophe.html\" style=\"\" rel=\"noopener\">CNBC<\/a> <\/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>#1- Adjusted truck hours in Dubai: <\/strong>Dubai's Roads and Transport Authority has amended truck ban hours on Sheikh Mohammed bin Zayed Road, according to a <a target=\"_blank\" href=\"https:\/\/www.rta.ae\/wps\/portal\/rta\/ae\/home\/news-and-media\/all-news\/NewsDetails\/adjusting-truck-movement-timings-on-sheikh-mohammed-bin-zayed-road?lang=en\" style=\"\" rel=\"noopener\">statement<\/a>. Starting from 28 April, trucks will be restricted from the road from 6:30-8:30am, 1-3pm, and 5:30-8pm. The move aims to reduce traffic congestion by up to 15%. Truck drivers and transport and shipping companies can use alternative routes including Emirates Road during the restricted times.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- K<\/strong><strong>SA\u2019s Industry and Mineral Resource Ministry <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/edition\/logistics\/983c6c08-fe71-4131-a7cd-8ee2c5232ee5\/dp-world-is-close-to-securing-a-usd-422-mn-facility-from-indian-banks\" style=\"\" rel=\"noopener\">expansion<\/a><\/strong><strong> on <\/strong><strong>industrial customs <\/strong><strong>exemptions<\/strong>went into effect yesterday to encompass all imports for industrial establishments with valid licenses, according to an earlier report by <a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/N2060711\" style=\"\" rel=\"noopener\">SPA<\/a>. Raw Materials, semi-processed goods, packaging materials, machinery, equipment, spare parts, and other materials required for industry are levy free. <\/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\">WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt1\"><\/a>#1- <\/strong><strong>Kuwait has reportedly tapped a Chinese company <\/strong><strong>to develop and operate its 3 mn <\/strong><strong>sqm air cargo city at Kuwait International Airport<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.alqabas.com\/article\/5928088-%D8%B4%D8%B1%D9%83%D8%A7%D8%AA-%D8%B5%D9%8A%D9%86%D9%8A%D8%A9-%D9%85%D8%B1%D8%B4%D8%AD%D8%A9-%D9%84%D8%AA%D8%B4%D8%BA%D9%8A%D9%84-%D9%85%D8%AF%D9%8A%D9%86%D8%A9-%D8%A7%D9%84%D8%B4%D8%AD%D9%86-%D8%A7%D9%84%D8%AC%D9%88%D9%8A\" style=\"\" rel=\"noopener\">Al Qabas<\/a> reports, citing sources it says have knowledge of the matter. The General Administration of Aviation has held a number of meetings with government agencies, Finance Ministry representatives, and the legislation department to approve final documentation for the project, which is expected to take place within the next two months, the news outlet writes. The air cargo city and its facilities will also be put up for auction, according to a document Al Qabas has seen.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About the project: <\/strong>The project is set to position the Kuwaiti airport\u2019s as one of the largest logistics hubs in the region, improve air transport infrastructure, increase the air cargo capacity, boost imports and exports at the airport, and provide services for air freight, the outlet writes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt2\"><\/a>#2- <\/strong><strong>R<\/strong><strong>oyal Jord<\/strong><strong>anian Airlines has seen a dip in bookings in 1Q 2024 amid the Gaza war and <\/strong><strong>jet del<\/strong><strong>ivery delays by Airbus<\/strong>, hampering its fleet renewal plans, CEO Samer Majali told <a target=\"_blank\" href=\"https:\/\/www.thenationalnews.com\/business\/aviation\/2024\/03\/31\/royal-jordanian-hit-by-gaza-war-impact-and-airbus-delivery-delays-airline-chief-says\/\" style=\"\" rel=\"noopener\">The National<\/a>. The Jordanian carrier was expecting to receive new 320neo and A321neo aircraft by May, but deliveries have been pushed to the end of this year or into next year. A supply chain bottleneck for parts for existing planes is compounding issues and causing longer turnaround times for repairs and delivery of new planes, he added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Plans for cargo:<\/strong> The carrier has taken delivery of an A321 freighter slated to start operations next week, with a possible second A321 freighter and an A330 freighter to be added next year depending on cargo demand, Majali told the news outlet. The airline is also set to receive three Airbus A320neos by year end and take delivery of 13 A320neos, two Boeing 787 Dreamliners, and one to three additional E195-E2 regional jets from Embraer in 2025, the newswire writes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a>#3- <\/strong><strong>Spain will ease the licensing process for Moroccan truck drivers <\/strong><strong>as part of a new <\/strong><strong>bilateral agreement<\/strong>, Spanish state-owned news outlet <a target=\"_blank\" href=\"https:\/\/www.elespanol.com\/espana\/20240328\/gobierno-cumple-rabat-camioneros-marroquis-pueden-canjear-carnet-sin-examen\/842665911_0.html\" style=\"\" rel=\"noopener\">El Espa\u00f1ol<\/a> reports. Moroccan truck drivers will be allowed to work in Spain without the need to validate their Moroccan licenses or to take theoretical or practical exams. Drivers applying for licenses for trucks without a weight limit or with a trailer will need to take a driving test on open roads. Spain said it was looking to attract some 26k Moroccan truck drivers <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/077ff014-8598-4722-9595-a4dc7eb5a846\/neonautica-%2B-uae-partner-to-launch-blue-pass-platform,-falcon-%2B-archer-partner-on-uae-flying-car-network,-one-opens-dubai-hq\" style=\"\" rel=\"noopener\">last month<\/a> to address an unprecedented labor shortage.<\/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\">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>Oil prices inched up on Monday amid expectations of lower supply from <\/strong><strong>OPEC+<\/strong><strong> cuts, <\/strong><strong>disrupted production in Russia, and an anticipated rise in demand<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/oil-holds-onto-gains-investors-bet-tighter-supply-2024-04-01\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. Brent crude futures gained 0.3% to USD 87.25 a barrel, while US West Texas Intermediate (WTI) futures also rose 0.3% to USD 83.44 a barrel. \"Geopolitical risks to crude and heavy feedstock supplies add to strong (second-quarter) demand fundamentals,\u201d the newswire quoted Energy Aspects analysts as saying in a note.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>Saudi Arabia could boost its official selling prices (OSP) for flagship Arab <\/strong><strong>Light <\/strong><strong>crude in May <\/strong>as Middle East benchmarks saw gains last month, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/saudi-arabia-may-hike-may-crude-oil-prices-asia-2024-04-01\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. The May OSP for Arab Light crude could jump by 20-30 cents a barrel from April, the newswire adds, citing a survey of six refining sources. The forecast follows a narrowing backwardation structure in the Dubai benchmark, indicating tight supply. Increasing premiums for Murban crude sourced from Abu Dhabi, along with tighter supply for medium and heavy grades, are set to bolster May OSPs. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong>Russia is set to slash daily diesel exports from key western ports in April to the <\/strong><strong>lowest level in five months<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-04-01\/russia-plans-to-cut-diesel-export-by-sea-in-april-to-5-month-low\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports. Diesel loading from the nation\u2019s three major ports on the Black and Baltic seas, including some volumes originating in Belarus, are set to drop to 2.3 mn tons this month, the newswire said, citing industry data. The drop, down 21% from March, aims to address a decline in weekly crude-processing rates to a 10-month low amid Ukrainian attacks on refineries and seasonal maintenance. <\/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>Qatari port operator <\/strong><strong><a target=\"_blank\" href=\"https:\/\/qterminals.com\/\" style=\"\" rel=\"noopener\">QTerminals<\/a><\/strong><strong> handled 10k tons of bulk cargo in March, <\/strong>according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/photo?fbid=963168052479036&set=pcb.963168182479023\" style=\"\" rel=\"noopener\">statement<\/a>. It also handled 123.3k tons of breakbulk, 12k heads of livestock, and 5.9k RoRo units. QTerminals processed a total of 126 vessels and 136.5k TEUs during the period, the statement said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- The <\/strong><strong>Qatari port authority (Mwani) saw an increase in container handling by 4% <\/strong><strong>y-o-y to 351.5k TEUs in 1Q 2024<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/permalink.php?story_fbid=pfbid0xHrHARP5pPsiN9qe18xk3J8ysCjoErepZEp1iqCLPJDQbWUnaKpqTxKQtWL2FKY4l&id=100064440502596\" style=\"\" rel=\"noopener\">statement<\/a>. Mwani recorded an intake of 367.3k tons of general and bulk cargo and 221.12k heads of livestock, a 46% y-o-y increase. It also recorded 19.2k RoRo units, a 4% y-o-y increase, and a 6% rise in building materials to 142.8k tons.<\/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 the 7th edition of the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.eventbrite.sg\/e\/dubai-to-host-the-6th-global-ports-forum-apr-17-18-2024-dubai-uae-tickets-622879267657\" style=\"\" rel=\"noopener\">Global Ports Forum<\/a><\/strong><strong> on Sunday, 17 April and <\/strong><strong>Monday, 18 April<\/strong> in Dubai. The event will host discussions on port strategy and development, automation, financing, and enhancing efficiency. <\/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>Egypt will host the 5th edition of the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/efmf.me\/\" style=\"\" rel=\"noopener\">Egypt Facility Management Forum<\/a><\/strong><strong> on Tuesday, 23 <\/strong><strong>April and Wednesday, 24 April <\/strong>in Cairo. Business-owners, developers, service providers, technology leaders and suppliers will attend seminars and exhibitions on the facility management supply chain.<\/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 Apri<\/strong>l 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>Qatar will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/aemobforum.com\/\" style=\"\" rel=\"noopener\">Autonomous E-mobility Forum<\/a><\/strong><strong> from Tuesday, 30 April to Thursday, 2 <\/strong><strong>May<\/strong> in Doha. The event will gather industry experts, senior officials, policy and technology experts, as well as government, academic, and media representatives, providing a platform for stakeholders to exchange know-how and recommendations for the implementation of autonomous e-mobility in the real-world. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi Arabia will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/saudi-smartlogistics.com\/\" style=\"\" rel=\"noopener\">Saudi Smart Logistics<\/a><\/strong><strong> exhibition and summit from Monday, 6 May to Thursday, 9 May<\/strong> in Riyadh. International and local businessmen, industry professionals, leaders, and sellers will showcase their innovative logistics solutions.<\/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 <\/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;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Check out our full calendar<\/strong> at the bottom of this email for a comprehensive listing of upcoming news events and news triggers.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/jordan\/\">Jordan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/kuwait\/\">Kuwait<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/morocco\/\">Morocco<\/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\/what-were-tracking-today\/\">WHAT WE\u2019RE TRACKING TODAY<\/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=\"77723\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section 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101.255c-9.335-9.379-9.317-24.544.04-33.901l22.667-22.667c9.373-9.373 24.569-9.373 33.941 0L285.475 239.03c9.373 9.372 9.373 24.568.001 33.941z\"><\/path><\/svg><\/button><\/div><\/div><div class=\"stk-block-carousel__dots\" role=\"list\" data-label=\"Slide %%d\"><\/div><\/div><\/div>\r\n        <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"77724\" 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=\"77724\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">Investment Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/02\/adnoc-gas-earmarks-usd-13-bn-for-expansion-efforts\/\">\r\n                            Adnoc Gas earmarks USD 13 bn for expansion efforts                        <\/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\/04\/02\/adnoc-gas-earmarks-usd-13-bn-for-expansion-efforts\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n         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href=\"https:\/\/api.whatsapp.com\/send?text=Adnoc+Gas+earmarks+USD+13+bn+for+expansion+efforts+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F04%2F02%2Fadnoc-gas-earmarks-usd-13-bn-for-expansion-efforts%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\/04\/02\/adnoc-gas-earmarks-usd-13-bn-for-expansion-efforts\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/163.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"77725\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/02\/adnoc-gas-earmarks-usd-13-bn-for-expansion-efforts\/163-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/163.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"163.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/163.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/163.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77724\" class=\"content-area-description single-story post-77724 post type-post status-publish format-standard has-post-thumbnail hentry category-investment-watch tag-investment-watch tag-lng tag-trade 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\/4\/.00007fdf-81f2-4ed3-89ca-580a66bfa0a6.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Adnoc Gas plans to invest USD 13 bn over the next five years in both <\/strong><strong>domestic and international markets<\/strong>, the firm said in a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/4\/66.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/a>. The investments, including contracts worth USD 4.9 bn awarded in 2023, will help the firm \u201cexpand [its] processing capacity and reach more customers. These projects will provide additional sales volumes of up to 20%,\u201d Chairman Sultan Al Jaber said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Adnoc subsidiary plans to double its liquefied natural gas (LNG) production capacity by 2028<\/strong>, as it looks to increase LNG export volumes to serve the growing global market, with the International Energy Agency expecting <a target=\"_blank\" href=\"https:\/\/www.iea.org\/news\/global-gas-demand-set-for-stronger-growth-in-2024-despite-heightened-geopolitical-uncertainty\" style=\"\" rel=\"noopener\">2.5% y-o-y growth<\/a> in global gas demand in 2024 as a transition fuel. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The game plan? The Ruwais plant acquisition: <\/strong>Adnoc Gas plans to acquire the Ruwais LNG plant to help double its production capacity, and cater its product offering to the increased demand for lower-carbon solutions globally. The company also plans to grow its global presence by \u201cacquiring new positions in the gas value chain, targeting opportunities in Europe, India, China and South-East Asia,\u201d Al Jaber said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> Parent company Adnoc is planning to use its own funds to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/9b82da7f-5abf-4706-9357-0842a9172fa5\/adnoc-eyes-more-lng-expansion#:~:text=%232%2D%20The%20state,in%20July.\" style=\"\" rel=\"noopener\">expand production<\/a> at the Ruwais LNG project, with exports from the Ruwais Site to commence in 2028. The project is expected to more than double the company\u2019s LNG production capacity to 15 mn metric tons per year from 6 mn. Adnoc <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/9b82da7f-5abf-4706-9357-0842a9172fa5\" style=\"\" rel=\"noopener\">plans to make a final investment decision<\/a> on the plant over the next three months.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The gas giant is also doubling down on AI and decarbonization: <\/strong>Adnoc Gas aims to boost its operational efficiency through strategies such as decarbonization, digital transformation, and AI-powered technologies \u201cfor improved cost efficiencies and reliability,\u201d forecasting to save up to USD 400 mn per year by 2029.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN OTHER NEWS- <\/strong><strong>Adnoc\u2019s strategic move to prioritize Murban oil over Upper Zakum crude has <\/strong><strong>caused a substantial drop in Upper Zakum exports<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/adnoc-cuts-upper-zakum-oil-exports-sharply-after-diverting-supply-refinery-2024-04-01\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. The move is in line with Adnoc's investments in refinery upgrades, particularly at its Ruwais facility, which allow it to process heavier grades more efficiently. \"They invested a lot of money over at least 3-4 years upgrading Ruwais to run heavier grades so it makes a lot of sense to run Upper Zakum and sell Murban,\" said director of Surrey Clean Energy Adi Imsirovic. \"Barrel-for-barrel, Murban brings more revenue for equal compliance.\" <\/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\/investment-watch\/\">INVESTMENT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/lng\/\">LNG<\/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\/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=\"77726\" 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=\"77726\">\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\">Data Centers<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/02\/ksas-al-moammar-information-systems-makes-progress-with-setting-up-six-data-centers\/\">\r\n                            KSA\u2019s Al Moammar Information Systems makes progress with setting up six data centers                        <\/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\/04\/02\/ksas-al-moammar-information-systems-makes-progress-with-setting-up-six-data-centers\/\" 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href=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/02\/ksas-al-moammar-information-systems-makes-progress-with-setting-up-six-data-centers\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/84.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"77727\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/02\/ksas-al-moammar-information-systems-makes-progress-with-setting-up-six-data-centers\/84-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/84.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"84.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/84.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/84.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77726\" class=\"content-area-description single-story post-77726 post type-post status-publish format-standard has-post-thumbnail hentry category-data-centers tag-data-centers 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\/4\/.95cb79e3-6332-4708-98af-13f391765376.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Saudi IT firm<\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.mis.com.sa\/\" style=\"\" rel=\"noopener\">Al Moammar Information Systems<\/a><\/strong><strong> (MIS) has purchased 6.6 mn units at a <\/strong><strong>value of SAR 66 mn for data centers it is setting up for <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/company\/saudi-fransi-capital\/about\/\" style=\"\" rel=\"noopener\">Saudi Fransi Capital<\/a><\/strong><strong> (SFC)<\/strong>, it said in a <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-oyNzIwEC_IDc0wiAzIDfcUVERAM9Gzdo!\/dz\/d5\/L0lDU0NRa2dwUXBRa0tDbEVLQ2xFS0lLVVFvZ3BSSWshL1lEVUVBQUFJSUVNRUNLSUVBR0lHT0lPSUJKRkpGQkpORE5EQk5MTEhMSFBJRUVMQWdvZ292QXNDQUEhIS80SkNpaksxYkdMamlFRXBNaFNUVVU1Q21tb1pyZHJMWnpVODF1MWxzRnFLVlZHS0EvWjdfNUE2MDJIODBPMEhUQzA2MFNHNlVUODFEUTYvWjZfNUE2MDJIODBPMEhUQzA2MFNHNlVUODFESTMvdmlldy9ub3JtYWwvQU5OT1VOQ0VNRU5UX05VTUJFUi83OTIwNC9jb21wYW55U3ltYm9sLzcyMDAvaHR0cDolMCUwdGFkYXd1bCUwL2FubkNhdC8xL2FuSWQvZW4!\/\" style=\"\" rel=\"noopener\">disclosure to Tadawul<\/a>. These will be the first units installed at the six planned data centers as part of The Saudi Data Centers Fund 1 initiative.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The background: <\/strong>MIS and Saudi Fransi Capital inked an SAR 1.2 bn agreement back in 2021 to develop, design, and manage facilities for data centers through a private investment fund dubbed The Saudi Data Centers Fund 1, according to an earlier Tadawul <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/!ut\/p\/z1\/lZJBb4JAEIV_Sw-cZwBZaG9b2wIGiwgo7KVZlFITWEizavTXF-RSbdF2TzuT9_L2e1lgkAATfLcpuNzUgpftnDLyZlCCmmOhj040RoKhTeLIUp9cHZbnAmtqEwxeaeBrpoH2AoH9y4_hzMDgZTbVPZyjjeRvfhw49GZ-2vrNYYEKITBg2SE8VFldQmpqiP2GClFvxSqvciEhVbtlw4u8uy674XuuT-_NFmvyaLse1S1iXgp-6e3i5T-LOQmukV9l1wiE_PMGf0B6_lVdNVyclzABVpR11n-SDymbBwUVlHzN99tSaeO5EGMuIVGHBe4aEjJCTYemiuPkGOXZ8b15njt71I1y59G7L8sZj9k!\/dz\/d5\/L0lHSkovd0RNQU5rQUVnQSEhLzROVkUvZW4!\/\" style=\"\" rel=\"noopener\">statement<\/a>. Under the agreement, MIS and Saudi Fransi Capital will establish, execute, and operate six data centers with an initial capacity of 4 MW each across the kingdom as a first phase, according to the statement.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>Under the 2021 agreement, MIS will act as the facility manager for an initial 15 years and will receive a development fee of 10% of the development budget. MIS will also receive a 7% facility management fee of the revenue generated from the data center operations for the 15 year period, according to the statement. MIS will also set up a 100% wholly owned subsidiary in Riyadh in July 2023 that will specialize in managing, operating, and marketing data centers, according to a separate Tadawul <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/!ut\/p\/z1\/jZDNTsMwEISfpQcfmx1SkgZuQbRB_IiUCjX1BTlgkkixHTkuUd8etxwqUCnsbXe_2R0NcSqIa_HRVMI1RovW92sev0RpjPAmwWM2D2dYzC-uFtez7Ax357T6DmCZRx7IHyb3eEKGmPh_9PilUvyt5yeRbPoTOGJxD5zwcEu8ak35lUeqy0lSEbfyXVppg43149q5rr9kYFBNH7waFfSCQWqGoTbjQY6FlcfEtekdFQfNjtnd2p9y4k0Mm5b5EPy2E3q73KrS-HfTEKBOPRdocrVKXLROR6NPpe1Rjg!!\/dz\/d5\/L0lDU0lKQ2dwUkNncFJDaUNsRUtJS1VRIS9ZQVVFQUFBSUlNSUVBSUNLR0tHQ0tPQk9CQ09KSkZKRk5JRUVKRERMRExOREFBISEvNEpDaWpzWXBNaFRqVUU1Q2ttb3ByZHRMWXpVczF1MmxzNXFDUUEhIS9aN181QTYwMkg4ME8wSFRDMDYwU0c2VVQ4MURRNi9aNl81QTYwMkg4ME8wSFRDMDYwU0c2VVQ4MURJMy9BTk5PVU5DRU1FTlRfTlVNQkVSLzc0NzY0L2NvbXBhbnlTeW1ib2wvNzIwMC9odHRwOiUwJTB0YWRhd3VsJTAvYW5uQ2F0LzEvYW5JZA!!\/\" 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>About MIS:<\/strong> Established in 1979, MIS is one of the largest IT companies in Saudi Arabia, and is the first Saudi listed IT company, according to its <a target=\"_blank\" href=\"https:\/\/www.mis.com.sa\/en\/who-we-are\" style=\"\" rel=\"noopener\">website<\/a>. It provides integrated solutions for information systems. MIS customizes IT solutions that enhance productivity, streamline processes and optimize performance in the transport and logistics industry, manufacturing and retail, finance and banking, telecommunications, energy and utilities industries among others.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Saudi Fransi Capital:<\/strong> The Riyadh-based group is the investment arm of <a target=\"_blank\" href=\"https:\/\/www.alfransi.com.sa\/english\/home\" style=\"\" rel=\"noopener\">Banque Saudi Fransi<\/a> and is a leading financial services provider that provides investment banking, asset management, debt and equity research, institutional sales and trading, and local and global brokerage, according to its <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/company\/saudi-fransi-capital\/about\/\" style=\"\" rel=\"noopener\">LinkedIn<\/a> page.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>KSA has been on a data roll:<\/strong> Amazon subsidiary Amazon Web Services is set to launch a \u201c <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/c5668851-d1bb-4713-8683-d614072f442e\/aws-to-launch-a-mega-cloud-region-in-ksa-as-part-of-its-usd-5.3-bn-investment-ticket\" style=\"\" rel=\"noopener\">hyper-scale\u201d cloud region in Saudi Arabia by 2026<\/a> as part of a USD 5.3 bn investment ticket to meet demand for cloud services in the region. Riyadh-based <a target=\"_blank\" href=\"https:\/\/data-volt.com\/\" style=\"\" rel=\"noopener\">DataVolt<\/a> is also pledging USD 5 bn to develop local sustainable data centers, with a planned capacity that is upwards of 300 megawatts. IBM Corp also plans to invest USD 250 mn into a software development center in KSA.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/data-centers\/\">DATA CENTERS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"77728 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"77728\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/02\/77728\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77728\" class=\"content-area-description single-story post-77728 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/yanmuparks.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/425.jpg?ssl=1\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"77729\" 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=\"77729\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">Enterprise Explains<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/02\/enterprise-explains-what-do-ecas-mean-for-the-green-methanol-industry\/\">\r\n                            Enterprise Explains: What do ECAs mean for the green methanol industry?                        <\/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\/04\/02\/enterprise-explains-what-do-ecas-mean-for-the-green-methanol-industry\/\" 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\/04\/02\/enterprise-explains-what-do-ecas-mean-for-the-green-methanol-industry\/')\">\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\/04\/02\/enterprise-explains-what-do-ecas-mean-for-the-green-methanol-industry\/\">\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=Enterprise Explains: What do ECAs mean for the green methanol industry?&url=https:\/\/enterpriseam.com\/logistics\/2024\/04\/02\/enterprise-explains-what-do-ecas-mean-for-the-green-methanol-industry\/\">\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\/04\/02\/enterprise-explains-what-do-ecas-mean-for-the-green-methanol-industry\/&title=Enterprise Explains: What do ECAs mean for the green methanol industry?\">\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=Enterprise+Explains%3A+What+do+ECAs+mean+for+the+green+methanol+industry%3F+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F04%2F02%2Fenterprise-explains-what-do-ecas-mean-for-the-green-methanol-industry%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\/04\/02\/enterprise-explains-what-do-ecas-mean-for-the-green-methanol-industry\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/81.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"77730\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/02\/enterprise-explains-what-do-ecas-mean-for-the-green-methanol-industry\/81-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/81.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"81.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/81.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/81.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77729\" class=\"content-area-description single-story post-77729 post type-post status-publish format-standard has-post-thumbnail hentry category-enterprise-explains tag-enterprise-explains tag-green-hydrogen tag-lng 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\/4\/.ea23914c-6f66-474b-bd98-665f8acfda62.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Enterprise Explains: Arctic Shipping Part 2<\/strong><strong>- <\/strong><strong>ECAs may push the shift to alternative fuels:<\/strong>The International Maritime Organization (<a target=\"_blank\" href=\"https:\/\/www.imo.org\/\" style=\"\" rel=\"noopener\">IMO<\/a>) recently approved two new emission control areas (ECAs) in the Canadian Arctic waters and Norwegian Sea during the <a target=\"_blank\" href=\"https:\/\/www.imo.org\/en\/MediaCentre\/MeetingSummaries\/Pages\/MEPC-default.aspx\" style=\"\" rel=\"noopener\">Marine Environment Protection Committee<\/a> (MEPC) meeting and ships traveling through the ECAs will have to limit their emissions of sulfur oxides and nitrogen oxides, according to a Clean Arctic Alliance (CAA) <a target=\"_blank\" href=\"https:\/\/cleanarctic.org\/2024\/03\/18\/mepc81-imo-urged-to-create-new-arctic-areas-free-from-shipping-pollution\/\" style=\"\" rel=\"noopener\">press release<\/a>. Vessels are obliged to switch to low-sulfur distillate fuels or other cleaner non-fossil fuels, such as green methanol and green ammonia derived from green hydrogen.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In part two of this two-part explainer, <\/strong>we look at how the push to establish new emission control areas (ECAs) will have a knock-down effect on the shift to alternative shipping fuels and the impact it will have on our region.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Missed Part 1 of our explainer?<\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/5cdab5a9-7eac-4a3d-9de3-aac67503a9aa\" style=\"\" rel=\"noopener\">Check out our breakdown<\/a> of how the shift in shipping routes to the Arctic is accelerating the release of CO2 and black carbon from oil-based fuels used in ships using heavy fuel oils.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The proposed ECA for the Canadian Arctic would cut particulate like black carbon matter emissions by 58% by 2030<\/strong>, according to a CAA <a target=\"_blank\" href=\"https:\/\/cleanarctic.org\/2024\/03\/18\/mepc81-imo-urged-to-create-new-arctic-areas-free-from-shipping-pollution\/\" style=\"\" rel=\"noopener\">press release<\/a>. The Mediterranean Sulfur ECA (SECA), which has already been adopted, will cut down on sulfur dioxide emissions by up to 80% by 2030, the statement says. Existing ECAs include the North American area, Baltic Sea, North Sea, and US Caribbean Sea area, according to <a target=\"_blank\" href=\"https:\/\/cleanarctic.org\/2023\/06\/28\/infographic-emission-control-areas-reducing-air-pollution-from-shipping\/\" style=\"\" rel=\"noopener\">CAA<\/a> data.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Sustainable shipping fuels could cost the same as fossil fuels by 2035 if we integrate decisive emissions policy<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.wartsila.com\/media\/news\/21-03-2024-sustainable-shipping-fuels-can-reach-cost-parity-with-fossil-fuels-by-2035-with-decisive-policy-says-new-wartsila-report-3420728\" style=\"\" rel=\"noopener\">report<\/a> by Finnish maritime manufacturing company W\u00e4rtsil\u00e4. The cost of using fossil fuels could more than double by 2030 due to emission limitation policies, including the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/271b7a60-3882-4313-8f23-d1dfed3b0039\/the-eu-is-pushing-back-against-the-emissions-trading-system,-which-could-cost-them-some-usd-3.6-bn-in-levies\" style=\"\" rel=\"noopener\">EU Emissions Trading System<\/a> (ETS) adopted in January. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Enter clean fuel: <\/strong>A switch to distillates or cleaner fuels globally could result in the reduction of black carbon \u201cby around 50% to 80%,\u201dCAA lead advisor Sian Prior told us. In the short term, the \u201cswitch to distillate or switch to cleaner fuels now would be a simple, but broader approach.\u201d Ultimately, it is important that the upcoming regulations are \u201cambitious enough to put shipping on an unambiguously 1.5 centigrade compliant pathway,\u201d he added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A case of green methanol? <\/strong>Green methanol can be produced from biomass, captured carbon, or green hydrogen and stands to <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/maersk-apm-holding-form-c2x-green-methanol-venture-2023-09-14\/\" style=\"\" rel=\"noopener\">slash emissions from shipping vessels by 60% to 95%<\/a> compared with conventional fossil fuels.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Our region is no stranger to green fuel:<\/strong> Egypt\u2019s <a target=\"_blank\" href=\"https:\/\/sczone.eg\" style=\"\" rel=\"noopener\">Suez Canal Economic Zone<\/a> (SCZone) <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/1528c30e-07f7-467b-a27b-7151ed4b7382\/maersk%25e2%2580%2599s-green-fuels-arm-inks-usd-3-bn-framework-agreement-with-egypt-to-produce-green-methanol\" style=\"\" rel=\"noopener\">inked a framework agreement<\/a> in October with <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/bd252516-5da3-42e9-b782-65ed8a934306\/maersk%25e2%2580%2599s-new-green-fuels-venture-eyes-suez-canal-production-hub\" style=\"\" rel=\"noopener\">C2X<\/a> \u2014 owned by <a target=\"_blank\" href=\"https:\/\/apmoller.com\" style=\"\" rel=\"noopener\">AP Moller Holding<\/a> and <a target=\"_blank\" href=\"https:\/\/www.maersk.com\" style=\"\" rel=\"noopener\">AP Moller-Maersk<\/a> \u2014 worth some USD 3 bn for the production of green methanol. The SCZone also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/421bbe7e-ffb4-4d3c-92ad-0fea152b4913\" style=\"\" rel=\"noopener\">inked a land use contract<\/a> back in 2021 with a company jointly owned by <a target=\"_blank\" href=\"https:\/\/www.arabfertilizer.org\/companies\/company\/id\/80\" style=\"\" rel=\"noopener\">Abu Qir Fertilizers<\/a>, <a target=\"_blank\" href=\"https:\/\/www.hfcegypt.com\" style=\"\" rel=\"noopener\">Helwan Fertilizers<\/a>, and <a target=\"_blank\" href=\"https:\/\/alahlycapital.com\" style=\"\" rel=\"noopener\">Al Ahly Capital Holding<\/a> to establish a USD 2.6 bn methanol plant at Egypt's Ain Sokhna port and industrial complex. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The region is shaping itself to be a green hydrogen hub: <\/strong>Regional players have been scurrying to develop green hydrogen development facilities to ease their reliance on fossil fuels. The UAE\u2019s <a target=\"_blank\" href=\"https:\/\/www.adportsgroup.com\" style=\"\" rel=\"noopener\">AD Ports Group<\/a> and Abu Dhabi energy company Masdar <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/a541df8a-0aaf-4be8-83c9-9b5b643a3af0\/ad-ports-group-%2B-masdar-ink-mou-for%253cmark%253e-green-hydrogen-%253c%2Fmark%253eexport-terminals\" style=\"\" rel=\"noopener\">inked an MoU<\/a> in December to explore the development of a green hydrogen production hub \u2014 along with export terminals for green hydrogen \u2014 in Khalifa Economic Zone Abu Dhabi (<a target=\"_blank\" href=\"https:\/\/www.kezadgroup.com\" style=\"\" rel=\"noopener\">Kezad<\/a>). In the same month, UAE-based energy company Masdar <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/e5016151-f8ee-4401-aeb4-dec44528a113\/today:-south-korea-gcc-trade-talks-resume-%2B-imo-clamps-down-on-shadow-fleets\" style=\"\" rel=\"noopener\">inked an MoU<\/a> with the Port of Amsterdam and Dutch companies <a target=\"_blank\" href=\"https:\/\/www.googleadservices.com\/pagead\/aclk?sa=L&ai=CV8fL4RkLZoiIEeyvjuwPlp-A0AHOt-6TbIadjqyuEJG3o_jXLQgAEAEguVRgs_7QgvQtoAHMva-wKMgBAakCJCKfrEgFsj7IA9ggqgRsT9BoVjror7SgZZaUYRhqVfhXT69xgesXe51aGTTFvRojc_qCXtOyBdhZancNN2mUWItbiNlDHR5l9MvbMNjCgXSaNTt8XENYKDcX1Y7ms688D4QPsbUKHDmxTi3QjEDk3cXvg5lD1DB8IzG1wATx9tmzlgSABZBOiAXr1o7lQ6AGZoAHzPX_jwOIBwGQBwGoB-u4sQKoB6a-G6gHuZqxAqgH89EbqAfu0huoB_-csQKoB8rcG6gHkq-xAqgHu6SxAqgHkqaxAqgH2KaxAqgH3rWxAqgH26qxAqgH0KqxAqgH3LCxAqgHv7mxAqgH6rGxAqgHlLixAqgH7LixAqgHvrexAqgHsruxAqgHs7uxAqgHw72xAqgHxL2xAqgH5L2xAqAIzq49sAgB0ggqEAIyBIPggA46DcLhgICAgASCwIDAhSBCAQRI0ezzKlAJWMj8lp3uoYUDmgkTaHR0cHM6Ly9za3lucmcuY29tL7EJt11BPVjfStS5CT4_KJEFa6Pu-AkBmAsBqgwCCAHoDAaqDQJFR8gNAYIUCggDEgZza3lucmeIFATIFIesotXy0aadSdAVAfgWAYAXAZIXCRIHCAEQAxiYAboXBDgBSAHgFwLQGAE&ae=2&gclid=CjwKCAjwtqmwBhBVEiwAL-WAYeZcpykud8RYs1JTME17z8IjcwLIsY2U6HVe0F-d7vtE2pTHIpaPJhoCWckQAvD_BwE&ved=2ahUKEwjbrI-d7qGFAxUYhv0HHVHFBlEQ0Qx6BAgGEAE&nis=8&dct=1&cid=CAASFeRok1WNxf7Ys8rEYsYsE6A7TvDPnw&dblrd=1&sival=AF15MEBytAPv7eTb6Vu0jCZp52K4kdnx3Aewl8s3bkjyRNvAlr-Pqou1OqiLVPQXg2sFJMUDElpQqQ0opEAeDMm3vhA-FiUDAzM2aDl8o0OZVBgoyUF_aJPqOqiGkGp1x7_2a9NTolF1DDD48vfqj2aV2oOBmXEpnhZ3ctVeNXIn8GGp1snamOY&sig=AOD64_23lInAe_g6rjp7pLIfE2q3gD9aEQ&adurl=https:\/\/skynrg.com\/%3Fgad_source%3D1\" style=\"\" rel=\"noopener\">SkyNRG<\/a>, <a target=\"_blank\" href=\"https:\/\/evos.eu\" style=\"\" rel=\"noopener\">Evos<\/a> Amsterdam, and Zenith Energy Terminals to explore the development of a green hydrogen supply chain between Abu Dhabi and Amsterdam. The moves complement the UAE\u2019s National Hydrogen Strategy, which targets scaling up local hydrogen production to 1.4 mn tons per annum by 2031.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We are getting more production sites:<\/strong> The SCZone inked a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/2f178b9d-70f0-47c5-9534-48839334cb70\/are-food-delivery-drones-coming-to-the-uae%3F-%2B-customs-agents-in-the-uae-can-now-carry-out-remote-inspections\" style=\"\" rel=\"noopener\">framework agreement<\/a> in October with the <a target=\"_blank\" href=\"https:\/\/www.ceic.com\/gjnyjtwwEn\/\" style=\"\" rel=\"noopener\">China Energy Company<\/a> to set up a USD 6.75 bn green hydrogen plant spanning 500k square meters in Sokhna Industrial Zone for the production of 1.2 mn tons of green ammonia and 210k tons of green hydron annually. Saudi Arabia also inked an <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/37bfdfd2-e58e-4d20-8927-a5f4e61d9859\/uae,-india-eye-new-virtual-trade-corridor-%2B-ksa,-india-to-build-clean-energy-supply-chain.-plus:-more-from-iran,-algeria,-tunisia,-and-saudi-arabia\" style=\"\" rel=\"noopener\">MoU in green hydrogen<\/a> with India the same month, which aims to set up a framework for the co-production of green hydrogen and renewable energy in both nations.<\/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\/enterprise-explains\/\">Enterprise explains<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/green-hydrogen\/\">green hydrogen<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/lng\/\">LNG<\/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=\"77731\" 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=\"77731\">\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\">Shipping + Maritime<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/02\/alexandrias-chamber-of-shipping-updates-sea-freight-rates-for-april-to-june\/\">\r\n                            Alexandria\u2019s Chamber of Shipping updates sea freight rates for April to June                        <\/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\/04\/02\/alexandrias-chamber-of-shipping-updates-sea-freight-rates-for-april-to-june\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The new rates are as follows:<\/p>\n<ul>\n<li><strong>Rates for containers arriving from the Arabian Gulf, including the UAE\u2019s Jebel Ali, KSA\u2019s Dammam, Kuwait, and Bahrain <\/strong>range from USD 3.3k to USD 3.9k for 20 TEU and 40 TEU containers. Refrigerated containers arriving at the Port of Sokhna, Damietta, and Port Said range from USD 4k to USD 6k.<\/li>\n<li><strong>Rates for containers arriving from KSA, Yemen, and Sudan at Alexandria, Port Said, and Damietta<\/strong> range from USD 104 to USD 656. Refrigerated containers range from USD 385 to USD 1.3k.<\/li>\n<li><strong>Rates for containers arriving from Tunisia, Algeria, and Morocco arriving to Alexandria, Port Said, and Damietta<\/strong> range from between USD 677 to USD 1.3k. Refrigerated containers arriving range from between USD 314 to USD 1.2k.<\/li>\n<li><strong>Rates for containers arriving from South and East Asia to Alexandria, Port Said, and Damietta<\/strong> range from USD 3.2k to USD 4k, while refrigerated containers range from USD 3.2k to USD 5.8k. Refrigerated containers arriving to Sokhna port from South and East Asia range between USD 3.2 mn to USD 4 mn.<\/li>\n<li><strong>Rates for containers arriving from the Southeastern Mediterranean region to Alexandria, Port Said, and Damietta<\/strong> range from USD 314 to USD 966. Refrigerated containers arriving range from USD 120 to USD 798.<\/li>\n<li><strong>Rates for containers arriving from the Eastern Mediterranean<\/strong> region arriving to Alexandria, Port Said, and Damietta range from USD 386 to USD 872. Refrigerated containers arriving range from between USD 140 to USD 700.<\/li>\n<li><strong>Rates for containers arriving from Northern Europe<\/strong> range from USD 314 to USD 483. Refrigerated containers arriving range from USD 200 to EUR 1.4k.<\/li>\n<li><strong>Rates for containers arriving from North America and Canada<\/strong> range from between USD 700 to USD 850, while refrigerated containers range from USD 600 to USD 2.6k.<\/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\/shipping-maritime\/\">SHIPPING + MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"77733 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=\"77733\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/02\/77733\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77733\" class=\"content-area-description single-story post-77733 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=\"77734\" 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=\"77734\">\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\">Moves<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/02\/kipic-ceo-waleed-al-bader-steps-down\/\">\r\n                            KIPIC CEO Waleed Al Bader steps down                        <\/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\/04\/02\/kipic-ceo-waleed-al-bader-steps-down\/\" 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\/04\/02\/kipic-ceo-waleed-al-bader-steps-down\/')\">\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\/04\/02\/kipic-ceo-waleed-al-bader-steps-down\/\">\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=KIPIC CEO Waleed Al Bader steps down&url=https:\/\/enterpriseam.com\/logistics\/2024\/04\/02\/kipic-ceo-waleed-al-bader-steps-down\/\">\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\/04\/02\/kipic-ceo-waleed-al-bader-steps-down\/&title=KIPIC CEO Waleed Al Bader steps down\">\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=KIPIC+CEO+Waleed+Al+Bader+steps+down+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F04%2F02%2Fkipic-ceo-waleed-al-bader-steps-down%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\/04\/02\/kipic-ceo-waleed-al-bader-steps-down\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/174.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"77735\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/02\/kipic-ceo-waleed-al-bader-steps-down\/174-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/174.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"174.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/174.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/174.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77734\" class=\"content-area-description single-story post-77734 post type-post status-publish format-standard has-post-thumbnail hentry category-moves tag-kuwait tag-moves 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\/4\/.bc6f8dba-9f2a-4403-8f51-e887d6f6fa72.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>KIPIC boss resigns:<\/strong>State-owned <a target=\"_blank\" href=\"https:\/\/kipic.com.kw\/\" style=\"\" rel=\"noopener\">Kuwait Integrated Petroleum Industries Company<\/a> \u2019s (KIPIC) CEO Waleed Khaled Al Bader has stepped down, the group <a target=\"_blank\" href=\"https:\/\/twitter.com\/kipicofficial\/status\/1774378339152650387\" style=\"\" rel=\"noopener\">said on X<\/a>. Al Bader led the company since 2021 establishing the long-term strategic directions of the Kuwaiti oil sector, the launch of mega projects including Environmental Fuels, Al Zour Refinery, and establishing a permanent liquified natural gas import terminal, according to <a target=\"_blank\" href=\"https:\/\/indd.adobe.com\/view\/publication\/c3910038-2112-47fd-a936-681884bb281e\/r7t5\/publication-web-resources\/pdf\/29_Kipic_Newspaper_Aprilf.pdf\" style=\"\" rel=\"noopener\">KIPI<\/a><a target=\"_blank\" href=\"https:\/\/indd.adobe.com\/view\/publication\/c3910038-2112-47fd-a936-681884bb281e\/r7t5\/publication-web-resources\/pdf\/29_Kipic_Newspaper_Aprilf.pdf\" style=\"\" rel=\"noopener\">C\u2019s April newspaper (pdf)<\/a>. He also contributed to the creation of the 2020 and 2030 strategies for the long-term trajectory of the oil sector. The Al Zour refinery came online in 2022 during his tenure, and Kuwait became a major exporter of refined products \u2014 particularly very low sulfur fuel used for shipping, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/kuwaits-kipic-announces-departure-ceo-2024-03-31\/#:~:text=DUBAI%2C%20March%2031%20(Reuters),Al%20Bader%20in%20the%20role.\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. It has not yet been announced who will replace Al Bader\u2019s role<\/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\/kuwait\/\">Kuwait<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/moves\/\">MOVES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"77736\" 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=\"77736\">\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\/04\/02\/invictus-acquires-a-majority-stake-in-moroccos-graderco-to-boost-footprint-in-african-markets\/\">\r\n                            Invictus acquires a majority stake in Morocco\u2019s Graderco to boost footprint in African markets                        <\/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 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href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/logistics\/2024\/04\/02\/invictus-acquires-a-majority-stake-in-moroccos-graderco-to-boost-footprint-in-african-markets\/\">\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=Invictus acquires a majority stake in Morocco\u2019s Graderco to boost footprint in African markets&url=https:\/\/enterpriseam.com\/logistics\/2024\/04\/02\/invictus-acquires-a-majority-stake-in-moroccos-graderco-to-boost-footprint-in-african-markets\/\">\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\/04\/02\/invictus-acquires-a-majority-stake-in-moroccos-graderco-to-boost-footprint-in-african-markets\/&title=Invictus acquires a majority stake in Morocco\u2019s Graderco to boost footprint in African markets\">\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=Invictus+acquires+a+majority+stake+in+Morocco%E2%80%99s+Graderco+to+boost+footprint+in+African+markets+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F04%2F02%2Finvictus-acquires-a-majority-stake-in-moroccos-graderco-to-boost-footprint-in-african-markets%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\/04\/02\/invictus-acquires-a-majority-stake-in-moroccos-graderco-to-boost-footprint-in-african-markets\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/170.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"77737\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/02\/invictus-acquires-a-majority-stake-in-moroccos-graderco-to-boost-footprint-in-african-markets\/170-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/170.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"170.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/170.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/170.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77736\" class=\"content-area-description single-story post-77736 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-morocco tag-oman 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\/4\/.eae8db95-c8ea-42a4-be7d-0a74809a6827.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">TRADE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Invictus secures controlling stake in Graderco:<\/strong> UAE food and beverage giant Ghitha\u2019s trading subsidiary, <a target=\"_blank\" href=\"https:\/\/invictusinvestment.ae\/\" style=\"\" rel=\"noopener\">Invictus Investment<\/a>, has completed its acquisition of a 60% stake in Zalar Holding's interests in Moroccan agriculture trading company Graderco and all its affiliated subsidiaries, according to a company <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/4\/53.pdf\" style=\"\" rel=\"noopener\">disclosure to the ADX (pdf)<\/a>. The move aims to bolster the firm\u2019s footprint in key African markets by leveraging its global network, trading expertise, and risk management capabilities.<\/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>Oman invites tender for road<\/strong><strong> rehab:<\/strong> Oman has announced a tender to rebuild the road connecting Al Hazm and Al Washil in Rustaq. No deadline for the tender or timeline for the project have been announced. (<a target=\"_blank\" href=\"https:\/\/www.mtcit.gov.om\/ITAPortal\/MediaCenter\/NewsDetail.aspx?NID=101273\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>Oman\u2019s Madayn introduces new customs services: <\/strong>Oman\u2019s Public Establishment for Industrial Estates (<a target=\"_blank\" href=\"https:\/\/www.madayn.om\/EN\/pages\/home.aspx\" style=\"\" rel=\"noopener\">Madayn<\/a>) has inked an agreement with Al Munasiq customs services company to improve added value for investors in Madayn industrial cities with the addition of 11 new customs services in industrial cities. (<a target=\"_blank\" href=\"https:\/\/www.omannews.gov.om\/topics\/en\/80\/show\/116461\/ona\" style=\"\" rel=\"noopener\">ONA<\/a>) <\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/morocco\/\">Morocco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <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=\"77738\" 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=\"77738\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Around the World<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/02\/bulgaria-romania-are-now-part-of-the-schengen-area\/\">\r\n                            Bulgaria + Romania are now part of the Schengen area  provider                        <\/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\/04\/02\/bulgaria-romania-are-now-part-of-the-schengen-area\/\" 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\/04\/02\/bulgaria-romania-are-now-part-of-the-schengen-area\/')\">\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\/04\/02\/bulgaria-romania-are-now-part-of-the-schengen-area\/\">\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=Bulgaria + Romania are now part of the Schengen area&url=https:\/\/enterpriseam.com\/logistics\/2024\/04\/02\/bulgaria-romania-are-now-part-of-the-schengen-area\/\">\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\/04\/02\/bulgaria-romania-are-now-part-of-the-schengen-area\/&title=Bulgaria + Romania are now part of the Schengen area\">\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=Bulgaria+%2B+Romania+are+now+part+of+the+Schengen+area+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F04%2F02%2Fbulgaria-romania-are-now-part-of-the-schengen-area%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\/04\/02\/bulgaria-romania-are-now-part-of-the-schengen-area\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/167.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"77739\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/02\/bulgaria-romania-are-now-part-of-the-schengen-area\/167-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/167.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"167.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/167.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/167.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77738\" class=\"content-area-description single-story post-77738 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world 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\/4\/.8f825ff6-7e86-4bb5-9649-05968961e658.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>B<\/strong><strong>ulgaria + Romania enter the Schengen area<\/strong><strong>:<\/strong> Bulgaria and Romania became Schengen members on Sunday, officially entering the world\u2019s largest common area without border controls, according to a <a target=\"_blank\" href=\"https:\/\/ec.europa.eu\/commission\/presscorner\/detail\/en\/ip_24_1722\" style=\"\" rel=\"noopener\">press release<\/a>. Internal air and sea border checks are being lifted, but the date for lifting checks at internal land borders has not yet been determined, the statement said. The EU Commission had determined back in 2011 that the two countries met the requirements to be part of the Schengen area, and agreed to welcome them into Schengen in December 2023, according to the release.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Hong Kong\u2019s port saw a 14% y-o-y drop to 14.3 mn TEUs in shipping cargo <\/strong><strong>volumes in 2023<\/strong> amid competition from mainland China and Southeast Asia, the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/e4fec03c-1275-45b7-a08c-6dd3d4c0ecc7\" style=\"\" rel=\"noopener\">Financial Times<\/a> (FT) reported, citing data from maritime consultancy Drewry. This was the largest percentage drop among the world\u2019s biggest ports in 2023, the newswire says. \u201cManufacturing moved elsewhere. Whilst [Hong Kong\u2019s port] is still a big employer, it is no longer the gateway to southern China as there are other ports in the Greater Bay Area which service the manufacturers there,\u201d said Tim Huxley, head of Hong Kong-based shipping investment company Mandarin Shipping.<\/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>UPS becomes primary air cargo provider<\/strong><strong> for US post:<\/strong> UPS is set to become the US Postal Service\u2019s (USPS) primary air cargo provider, as competitor FedEx announced an end to its over 20-year long partnership with USPS. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/us\/ups-become-united-states-postal-services-primary-air-cargo-provider-2024-04-01\/\" style=\"\" rel=\"noopener\">Reuters<\/a>)<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/around-the-world\/\">AROUND THE WORLD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/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=\"77740\" 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=\"77740\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">On Your Way Out<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/02\/could-underwater-cleaning-robots-help-ships-become-more-fuel-efficient\/\">\r\n                            Could underwater cleaning robots help ships become more fuel efficient?                        <\/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\/04\/02\/could-underwater-cleaning-robots-help-ships-become-more-fuel-efficient\/\" 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\/04\/02\/could-underwater-cleaning-robots-help-ships-become-more-fuel-efficient\/')\">\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\/04\/02\/could-underwater-cleaning-robots-help-ships-become-more-fuel-efficient\/\">\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=Could underwater cleaning robots help ships become more fuel efficient?&url=https:\/\/enterpriseam.com\/logistics\/2024\/04\/02\/could-underwater-cleaning-robots-help-ships-become-more-fuel-efficient\/\">\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\/04\/02\/could-underwater-cleaning-robots-help-ships-become-more-fuel-efficient\/&title=Could underwater cleaning robots help ships become more fuel efficient?\">\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=Could+underwater+cleaning+robots+help+ships+become+more+fuel+efficient%3F+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F04%2F02%2Fcould-underwater-cleaning-robots-help-ships-become-more-fuel-efficient%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\/04\/02\/could-underwater-cleaning-robots-help-ships-become-more-fuel-efficient\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/123.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"77741\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/02\/could-underwater-cleaning-robots-help-ships-become-more-fuel-efficient\/123-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/123.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"123.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/123.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/123.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77740\" class=\"content-area-description single-story post-77740 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-decarbonization tag-green-shipping tag-on-your-way-out 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\/4\/.6b28e41d-b0ce-46fd-bd03-7ba7f63001b2.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Hong Kong-based startup Neptune Robotics says its biofoul cleaning robots can reduce <\/strong><strong>fuel consumption per trip by at least 18%<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/features\/2024-03-26\/underwater-robots-are-helping-maritime-shipping-clean-up-its-act?srnd=green\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported last week. A thin layer of algae, seaweed, and barnacles covering half of a vessel can increase emissions by up to 30% by creating resistance in the water, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/3\/2455.pdf\" style=\"\" rel=\"noopener\">study (pdf)<\/a>. \u201cIt\u2019s like swimming with a thick blanket,\u201d Neptune co-founder Elizabeth Chan said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How it works: <\/strong>Using AI, the robots first identify the type of biofouling on a ship\u2019s hull and the thickness of the layer before mapping out a plan for cleaning. The cleaning process is similar to cleaning off tarnish from jewelry and involves vibrating the biofoul off the vessel\u2019s hull using high-velocity microdrops of water. The robots cannot reach spots like the ship\u2019s propellers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The benefit is on several fronts: <\/strong>Neptune\u2019s robots have helped the shipping industry avoid about 1 mn tons of emissions since 2020 by cleaning 700 vessels, with the cost of cleaning falling between USD 12k and USD 40k. The use of robots can also increase safety, since it eliminates the need for divers to clean hulls. Humans are still needed to launch the robots from a boat and to review the cleaning process.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The shipping industry has been in hot water: <\/strong>A majority of countries at the International Maritime Organization\u2019s (IMO) two-week negotiations on climate policy were in favor of mandating a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/2e7b15fd-0d33-4f22-8d34-5027ee72ae15\/today:-oman%25e2%2580%2599s-hydrom-%2B-germany%25e2%2580%2599s-vng-talk-green-hydrogen-and-ammonia-exports\" style=\"\" rel=\"noopener\">global emissions levy<\/a> starting next year. The levy \u2014 which was backed by 34 countries \u2014 will help countries achieve the revised emissions targets approved last year which some experts are already doubting its feasibility. Revenues collected from the tax could be put towards developing low emissions shipping fuels and fund the energy transition of poorer states. Delegates at the IMO are expected to hold talks in the fall to further discuss the different proposals for a carbon levy.<\/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\/decarbonization\/\">decarbonization<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/green-shipping\/\">green shipping<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/on-your-way-out\/\">ON YOUR WAY OUT<\/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=\"77742\" 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\/04\/02\/77742\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77742\" class=\"content-area-description single-story post-77742 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>17 April-18 April (Sunday-Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.eventbrite.sg\/e\/dubai-to-host-the-6th-global-ports-forum-apr-17-18-2024-dubai-uae-tickets-622879267657\" style=\"\">Global Ports Forum<\/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>23 April-24 April (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/efmf.me\" style=\"\">Egypt Facility Management Forum 2024<\/a><\/span><span style=\"font-weight:400;\">, Cairo, Egypt.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>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, 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>25 April-26 April: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/driftx.com\" 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>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 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, 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 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;\">,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<\/a><\/span><span style=\"font-weight:400;\">, 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=\"\">The Logistics and Supply Chain Management Conference<\/a><\/span><span style=\"font-weight:400;\">, 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>6-9 May (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/saudi-smartlogistics.com\" style=\"\">Saudi Smart Logistics<\/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>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, 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=\"\">The Airport Show<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>20-22 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;\">, 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>21-24 May (Tuesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/unctad.org\/conference\/global-supply-chain-forum-2024\" style=\"\">Global Supply Chain Forum 2024<\/a><\/span><span style=\"font-weight:400;\">, Bridgetown, Barbados.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>26-28 May (Sunday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.propakmena.com\/en\/home.html\" style=\"\">ProPak Mena 2024<\/a><\/span><span style=\"font-weight:400;\">, Cairo, Egypt. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>27-30 May (Monday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/comex.om\/2022\/\" style=\"\">Comex Technology Show<\/a><\/span><span style=\"font-weight:400;\">, Muscat, Oman.<\/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>27 June (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.emmc.me\/overview\/\" style=\"\">East Med Maritime Conference<\/a><\/span><span style=\"font-weight:400;\">, Beirut, Lebanon.<\/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>8-10 October (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.antwerpxl.com\" style=\"\">AntwerpXL Expo<\/a><\/span><span style=\"font-weight:400;\">, Antwerp.<\/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<\/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, 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 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>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>Adnoc Gas earmarks USD 13 bn for expansion efforts | KSA gets a big data center push | Kuwait takes a step forward with plans for a mega air cargo city<\/p>\n","protected":false},"featured_media":77720,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-77719","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"769143c0-4a55-42d7-9e53-bf6e3192028e","teaser":"Adnoc Gas earmarks USD 13 bn for expansion efforts | KSA gets a big data center push | Kuwait takes a step 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