{"id":77807,"date":"2024-04-04T00:00:00","date_gmt":"2024-04-04T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=77807"},"modified":"2025-12-15T14:26:53","modified_gmt":"2025-12-15T14:26:53","slug":"ad-ports-will-develop-manage-and-operate-iraqs-grand-faw-port","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/ad-ports-will-develop-manage-and-operate-iraqs-grand-faw-port\/","title":{"rendered":"AD Ports will develop, manage, and operate Iraq\u2019s Grand Faw Port"},"content":{"rendered":"<section id=\"77809\" 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=\"77809\">\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\/04\/today-ad-ports-will-develop-iraqs-grand-faw-port\/\">\r\n                            TODAY: AD Ports will develop Iraq\u2019s Grand Faw Port                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/04\/today-ad-ports-will-develop-iraqs-grand-faw-port\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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We have a compact issue this morning with some big AD Ports news, a spot of M&amp;A from the UAE, and the appearance of Kuwait\u2019s first-ever public PMI report. Shall we?<\/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>A<\/strong><strong> one-stop inspection and clearance station<\/strong><strong> for Oman:&nbsp;<\/strong>Oman\u2019s Ministry of Transport, Communications, and Information Technology, and Ministry of Housing and Urban Planning will begin receiving proposals via the <a target=\"_blank\" href=\"https:\/\/tatwir.om\/public\/home\" style=\"\" rel=\"noopener\">Tatwir platform<\/a> from local and international logistics firms to develop, manage, and operate a one-stop inspection and clearance station, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/mtcitoman\/posts\/pfbid0x1oECLMWsEGhrcDSPWi8R9QD1Pzu13MJX1NYZ8qycAnnwSygS2Swmg4xrnmh3d6zl\" style=\"\" rel=\"noopener\">statement<\/a>. <\/p>\n<p class=\"tag-border-left\">WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt1\"><\/a><\/strong><strong>#1- <\/strong><strong>Egypt is looking to tap local banks to finance new railway route: <\/strong>Egypt\u2019s National Authority for Tunnels (NAT) intends to borrow EGP 32 bn from a consortium of local banks to fund construction work on the second route of the high-speed rail network linking Fayoum, Beni Suef, Luxor, and Abu Simbel, <a target=\"_blank\" href=\"https:\/\/almalnews.com\/premium\/%d9%87%d9%8a%d8%a6%d8%a9-%d8%a7%d9%84%d8%a3%d9%86%d9%81%d8%a7%d9%82-%d8%aa%d8%b3%d8%b9%d9%89-%d9%84%d8%a7%d9%82%d8%aa%d8%b1%d8%a7%d8%b6-32-%d9%85%d9%84%d9%8a%d8%a7%d8%b1-%d8%ac%d9%86%d9%8a\/#google_vignette\" style=\"\" rel=\"noopener\">Al Mal<\/a> reports, citing sources it says have knowledge of the matter. The new route \u2014 which stretches 1.1k km from Fayoum to Abu Simbel in Aswan \u2014 boasts 36 stations, a control center, and maintenance facilities, and will be operated by 20 high-speed and 48 regional locomotives, along with an additional 20 locomotives for moving railway freight, Al Mal said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2-<\/strong><strong>Recovery crews have opened a second 14-foot deep channel enabling smaller <\/strong><strong>vessels to maneuver around the collapsed Baltimore bridge<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/us\/second-channel-opens-around-collapsed-baltimore-bridge-not-shipping-2024-04-02\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. Along with a 11-foot deep auxiliary <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/c4e88274-239c-45b2-9376-6932775999d5\/today:-adnoc-gas-earmarks-usd-13-bn-for-expansion-efforts\" style=\"\" rel=\"noopener\">channel opened earlier this week<\/a>, access to the site of the accident has been opened to emergency vessels, tugs, and barges. Larger cargo vessels remain blocked by debris and would need a channel that is at least 35-feet deep to bypass wreckage, the newswire said, citing statements by Maryland Governor Wes Moore. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt2\"><\/a>#3- ADQ-backed alternative investment firm Lunate has acquired a 40% stake in Adnoc\u2019s <\/strong><strong>oil pipeline asset network<\/strong> from US private equity giants BlackRock and KKR &amp; Co, a Lunate <a target=\"_blank\" href=\"https:\/\/lunate.com\/en\/news-insights\/announcements\/lunate-acquires-a-40-stake-in-adnoc-oil-pipelines\" style=\"\" rel=\"noopener\">press release<\/a> reads. No details were disclosed about the terms or value of the acquisition, but <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-07-12\/blackrock-kkr-near-sale-of-adnoc-oil-pipeline-stake-to-adq\" style=\"\" rel=\"noopener\">Bloomberg<\/a> previously reported the stake could potentially cost more than USD 4 bn, including debt. Lunate's Long Term Capital Fund acquired a 100% stake in a special purpose vehicle co-owned by BlackRock and KKR managed funds.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>BlackRock and KKR were trying to exit the pipeline for some time now:<\/strong> The private equity giants were in final talks to sell their combined 40% stake in Adnoc Oil Pipelines to ADQ during <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7ede571e-42d2-4361-b1c1-bd37b0a0f4c3\/slowing-us-inflation-is-bringing-the-greenback-back-down-to-earth\" style=\"\" rel=\"noopener\">July of last year<\/a>. Both companies had purchased their stake back in 2019 in what was the first investment made by foreign asset managers in a state-owned oil producer in the region.<\/p>\n<p class=\"tag-border-left\">WORTH LISTENING- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Bloomberg discusses decarbonizing the shipping industry: <\/strong>A recent <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/audio\/2024-04-03\/methanol-sets-sail-as-eu-targets-shipping-emissions-podcast\" style=\"\" rel=\"noopener\">episode<\/a> of Bloomberg NEF\u2019s Switched On podcast discussed the shipping industry\u2019s emissions reductions targets and the plausibility of achieving them, as well as the role of EU policies. Host Dana Perkins and guest Mohith Velamala delved into how the maritime industry accounts for over 5% of global oil demand and 2.5% of global emissions \u2014 with a 20% growth forecast by 2050 \u2014 emphasizing the need to switch over to alternative fuels such as green methanol. The EU currently has the strictest shipping regulations in place but only accounts for 14% of shipping emissions, so other governments will have to follow suit to make an impact on the industry, the pair shared. <\/p>\n<p class=\"tag-border-left\">MARKET WATCH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a><\/strong><strong>#1- Surprising no one, Opec+ ministers left voluntary production cuts unchanged<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.opec.org\/opec_web\/en\/press_room\/7319.htm\" style=\"\" rel=\"noopener\">statement<\/a>. The panel met online yesterday to review the cuts and welcomed Iraq and Kazakhstan\u2019s pledge to get in line. The group also welcomed Russia\u2019s voluntary adjustments to be based on production instead of exports in the second quarter of 2024. The meeting came weeks after Opec+ members, led by Saudi and Russia, extended voluntary curbs that will remain in effect through June 2024.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Whose not towing the line<\/strong><strong>?<\/strong> The cartel exceeded production caps by some 275k barrels per day (bpd) in January, and 175k bpd in February, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/opec-ministers-keep-oil-output-policy-steady-sources-say-2024-04-03\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing numbers from S&amp;P Commodity Insights, which Opec+ also uses to track member output. Russia is maintaining compliance, Russian Deputy Prime Minister Alexander Novak said on Wednesday. Meanwhile Iraq, Kazakhstan and Gabon overproduced in the first two months of the year, S&amp;P Commodity Insights also showed. Iraq pledged last month to cap its oil exports to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/7e747529-16b1-4b6a-b0e0-f75e43fbc516\/today:-oman-investment-authority-eyes-asyad-group-ipo\" style=\"\" rel=\"noopener\">3.3 mn bpd<\/a>, in order to compensate for exceeding production limits. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Oil prices continue climbing on Wednesday<\/strong>,<strong> <\/strong>as traders mulled supply risks on the back of Ukrainian attacks on Russian energy infrastructure and heightened tensions in the Middle East, as well as Opec+ decision to maintain cuts, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/oil-gains-market-buffeted-by-supply-worries-2024-04-03\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. Brent crude futures rallied 0.9% to USD 89.68 per barrel by 13.46 GMT, while US West Texas Intermediate (WTI) futures rose 0.7% to USD 85.77 a barrel, the newswire said. \u201cLow inventories across the oil complex, Opec+ output cuts, geopolitical tensions, and robust economic growth figures have flipped price trends and now point to a tighter-than-expected summer driving season, supporting firm backwardation in crude and products,\u201d the newswire added, citing a Bank of America Global note. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2-<\/strong><strong>Baltic index dips to near six week low: <\/strong>The Baltic Exchange\u2019s dry bulk sea freight index \u2014 which tracks rates for the capesize, panamax, and supramax vessel segments \u2014 was down 5.9% to 1,714 points on Tuesday, falling for the ninth session in a row, and hitting a near six-week low, as weaker rates across the board dragged down the index, <a target=\"_blank\" href=\"https:\/\/www.hellenicshippingnews.com\/baltic-index-hits-near-6-week-low-on-lower-vessel-demand\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. The larger capesize subindex dropped 9.2%, to 2,394 points, marking its lowest in almost two months, while panamax dipped 3.4% to 1,816 points. The smaller supramax segment declined 2.1% to 1,303 points, the newswire said. <\/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 <\/strong><strong>May to Thursday, 9 May<\/strong> in Riyadh. The trade fair brings together local and international suppliers, public officials, professionals, and logistics players, and provides a platform for networking, exchanging know-how, and showcasing new technologies, products, and services.<\/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\/egypt\/\">Egypt<\/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\" 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<\/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\/04\/ad-ports-will-develop-manage-and-operate-iraqs-grand-faw-port\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"77813\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/04\/ad-ports-will-develop-manage-and-operate-iraqs-grand-faw-port\/438-jpg-6\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/438.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"438.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/438.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/438.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77812\" class=\"content-area-description single-story post-77812 post type-post status-publish format-standard has-post-thumbnail hentry category-ports tag-ad-ports tag-infrastructure tag-iraq tag-ports 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\/.a247fb09-b391-44a0-ad6c-0cedda59b39c.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AD Ports to develop Iraq\u2019s Grand Faw Port: <\/strong>AD Ports Group inked a preliminary agreement with the General Company for Ports of Iraq, to form a joint venture to develop Iraq\u2019s Grand Faw port and economic zone, as well as operate, finance, manage and operate the projects, according to a <a target=\"_blank\" href=\"https:\/\/www.adportsgroup.com\/en\/news-and-media\/2024\/04\/03\/ad-ports-group-and-the-general-company-for-ports-of-iraq-sign-preliminary-agreement\" style=\"\" rel=\"noopener\">statement<\/a>. The agreement also involves potential investments \u2014 as well as management, operation and development contracts \u2014 for future projects in other Iraqi cities. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>There\u2019s a lot we don\u2019t know:<\/strong> Neither the timeline for the project, nor the details around the development of the port or the value of investments AD Ports is expected to pour into it, have been disclosed. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background: <\/strong>The company had <a target=\"_blank\" href=\"https:\/\/www.adportsgroup.com\/en\/news-and-media\/2021\/09\/19\/ad-ports-group-and-the-general-company-for-ports-of-iraq-sign-mou-to-promote-cooperation-and-investm\" style=\"\" rel=\"noopener\">signed an MoU<\/a> with the Iraqi port operator to boost cooperation in maritime and transportation in 2021. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next? <\/strong>The two companies will work on feasibility studies and explore investments for the project, the statement said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About the port: <\/strong>The long-delayed Grand Faw Port, set to be the largest in the Middle East, is one of several projects Iraq is working on in hopes of creating a shorter corridor between the Middle East and Europe that bypasses the Suez Canal. It also forms a key part of the ambitious Development Road project the country is planning, which will link the port to Turkey\u2019s border. South Korean firm Daewoo is working on the construction of the port\u2019s five berths under a USD 2.7 bn contract. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AD Ports has been on a roll:<\/strong> The Emirati port operator is present in <a target=\"_blank\" href=\"https:\/\/www.instagram.com\/adportsgroup\/p\/C5OKW8jJ6_H\/?img_index=1\" style=\"\" rel=\"noopener\">more than 40 countries<\/a>, and last month <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/03841eef-5a1a-420f-8ded-0a17b164fe80\/ad-port-acquires-majority-stake-in-georgia%25e2%2580%2599s-tbilisi-dry-port\" style=\"\" rel=\"noopener\">acquired<\/a> a majority stake in a dry port in Georgia. It also inked agreements to develop ports in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/af09a136-f942-444b-87b8-5e7c76d50ff8\/ad-ports-plans-to-explore-port-and-logistics-infrastructure-developments-in-india\" style=\"\" rel=\"noopener\">India<\/a> and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/f4a30779-3376-4212-9f34-c6aa7d283960\/ad-ports-to-invest-further-in-port-infrastructure-at-karachi-port\" style=\"\" rel=\"noopener\">Pakistan<\/a> earlier in February. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/ad-ports\/\">AD Ports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/infrastructure\/\">INFRASTRUCTURE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/iraq\/\">Iraq<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/ports\/\">PORTS<\/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=\"77814\" 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=\"77814\">\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\">M&amp;A Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/04\/uaes-easylease-acquires-majority-stake-in-united-trans\/\">\r\n                            UAE\u2019s EasyLease acquires majority stake in United Trans                        <\/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\/04\/uaes-easylease-acquires-majority-stake-in-united-trans\/\" 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\/04\/uaes-easylease-acquires-majority-stake-in-united-trans\/')\">\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\/04\/uaes-easylease-acquires-majority-stake-in-united-trans\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=UAE\u2019s EasyLease acquires majority stake in United Trans&url=https:\/\/enterpriseam.com\/logistics\/2024\/04\/04\/uaes-easylease-acquires-majority-stake-in-united-trans\/\">\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\/04\/uaes-easylease-acquires-majority-stake-in-united-trans\/&title=UAE\u2019s EasyLease acquires majority stake in United Trans\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=UAE%E2%80%99s+EasyLease+acquires+majority+stake+in+United+Trans+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F04%2F04%2Fuaes-easylease-acquires-majority-stake-in-united-trans%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\/04\/uaes-easylease-acquires-majority-stake-in-united-trans\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/333.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"77815\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/04\/uaes-easylease-acquires-majority-stake-in-united-trans\/333-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/333.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"333.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/333.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/333.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77814\" class=\"content-area-description single-story post-77814 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch-2 tag-ma-watch tag-rail 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\/.ccb62203-3c02-4ecc-8d90-cb14e1a2ec90.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE-based EasyLease snaps up majority stake in United Trans:<\/strong> UAE-based <a target=\"_blank\" href=\"https:\/\/www.ihcuae.com\/\" style=\"\" rel=\"noopener\">International<\/a><a target=\"_blank\" href=\"https:\/\/www.ihcuae.com\/\" style=\"\" rel=\"noopener\">Holding Company<\/a> (IHC) subsidiary and integrated mobility solutions provider <a target=\"_blank\" href=\"https:\/\/www.easylease.ae\/\" style=\"\" rel=\"noopener\">EasyLease<\/a> has acquired a 60% stake in UAE-based <a target=\"_blank\" href=\"https:\/\/alserkalgroup.com\/\" style=\"\" rel=\"noopener\">Alserkal Group<\/a> subsidiary and transportation technology solutions provider <a target=\"_blank\" href=\"https:\/\/unitedtrans-me.com\/\" style=\"\" rel=\"noopener\">United Trans<\/a>, at an undisclosed sum, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/4\/326.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/a>. The move comes as EasyLease looks to boost its foothold in the regional smart mobility and railway sectors, the statement said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said:<\/strong> The two companies look to collaborate to \u201cdeliver enhanced mobility transportation and rail solutions that meet the evolving needs of our customers,\u201d EasyLease CEO Ahmad Al Sadah said. The partnership will also enable the pair to unlock new avenues for growth in the GCC and regional transport sectors, Al Sadah added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About United Trans:<\/strong> Founded in 2008, the outfit provides technology-enabled mobility transport solutions for the rail, aviation, and marine sectors, while also supplying security screening solutions, and maintaining an emphasis on rail and smart mobility, the statement said. United Trans has taken up landmark projects in the GCC, including Dubai Metro, Dubai Tram, Dubai Airport People Mover, and the Doha Metro.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About EasyLease:<\/strong> Established in 2011, the company is a leading provider of integrated mobility solutions, servicing sectors including e-commerce, delivery, logistics, couriers, and food services, the statement said. EasyLease\u2019s 25k vehicle fleet is one of the largest in the UAE.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EasyLease has been on an acquisition spree:<\/strong> The firm obtained a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/6cf6020e-5e5d-4f53-a2a3-9db2b06b30fa\/ryanair-goes-domestic-in-morocco-in-summer-of-2024-%2B-careem-launches-e-bike-delivery-fleet.-plus:-more-m&a,-rebranding,-and-aviation-news\" style=\"\" rel=\"noopener\">60% stake<\/a> in Ripe in December 2023, which offers services including container and commercial kiosk rentals, food trucks, parking facilities management, events management, and drive-through services. EasyLease also acquired a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/637200ff-825d-44f9-8cf7-e80f8765fdd1\/one-launches-shipping-route-to-connect-ksa,-egypt-with-us-ports-%2B-riyadh-air-plans-further-cargo-cooperation-with-turkish-airlines\" style=\"\" rel=\"noopener\">60% stake<\/a> in UAE-based electric charger manufacturing and installation outfit Fully Charged, that same month.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI-<\/strong> EasyLease\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/42e20fbe-c86a-40fd-b887-27374fd1bdea\/qatar%25e2%2580%2599s-milaha-records-a-decline-in-net-income-in-3q-2023-due-to-falling-container-volumes-%2B%253cmark%253e-easylease-%253c%2Fmark%253esees-bottomline-fall-amid-expansion-efforts\" style=\"\" rel=\"noopener\">bottomline fell<\/a> 19% y-o-y to AED 26.5 mn in 3Q 2023. The drop in net income was attributed to investments in line with a long-term growth plan, which sees the outfit broaching new markets in Saudi Arabia and Bahrain, while also tapping new verticals. The firm\u2019s topline figures boosted 35.6% y-o-y to AED 211.8 mn during the same period. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/ma-watch\/\">M&amp;A WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/rail\/\">RAIL<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"77816 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"77816\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/04\/77816\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77816\" class=\"content-area-description single-story post-77816 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/yanmuparks.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/425.jpg?ssl=1\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"77817\" 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=\"77817\">\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\">Purchasing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/04\/kuwait-releases-its-first-ever-public-purchasing-manager-index\/\">\r\n                            Kuwait releases its first ever public Purchasing Manager Index                        <\/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\/04\/kuwait-releases-its-first-ever-public-purchasing-manager-index\/\" 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\/04\/kuwait-releases-its-first-ever-public-purchasing-manager-index\/')\">\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\/04\/kuwait-releases-its-first-ever-public-purchasing-manager-index\/\">\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=Kuwait releases its first ever public Purchasing Manager Index&url=https:\/\/enterpriseam.com\/logistics\/2024\/04\/04\/kuwait-releases-its-first-ever-public-purchasing-manager-index\/\">\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\/04\/kuwait-releases-its-first-ever-public-purchasing-manager-index\/&title=Kuwait releases its first ever public Purchasing Manager Index\">\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=Kuwait+releases+its+first+ever+public+Purchasing+Manager+Index+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F04%2F04%2Fkuwait-releases-its-first-ever-public-purchasing-manager-index%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\/04\/kuwait-releases-its-first-ever-public-purchasing-manager-index\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/336.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"77818\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/04\/kuwait-releases-its-first-ever-public-purchasing-manager-index\/336-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/336.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"336.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/336.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/336.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77817\" class=\"content-area-description single-story post-77817 post type-post status-publish format-standard has-post-thumbnail hentry category-purchasing tag-kuwait tag-purchasing tag-qatar tag-supply-chains 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\/.db325262-1371-4b7e-9a27-c1b5d948a275.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>How Kuwait<\/strong><strong> + Qatar\u2019s non-oil private sector fared in March: <\/strong>Purchasing Manager Indices (PMI) tracking non-energy sectors in Kuwait and Qatar both saw growth, attributable to robust demand, output, and new orders. Kuwait's\u2019 first PMI report places the country\u2019s non-oil private sector solidly in growth, while Qatar\u2019s headline figure continues to indicate growth, but at a softer rate than that observed in the previous month.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Kuwait\u2019s first public PMI is here: <\/strong>Kuwait\u2019s first publicly released PMI showed stronger growth, an <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/4\/324.pdf\" style=\"\" rel=\"noopener\">S&amp;P Global Kuwait PMI (pdf)<\/a> showed. The headline figure inched up to 53.2 in March from 52.7 in February, and remained above the 50.0 threshold separating contraction from growth. Output and new orders rallied on the back of stronger demand due to competitive pricing and advertising efforts, and business confidence also improved, driving the reading higher. Meanwhile employment increased only fractionally in March, risking larger backlogs, while input and output prices continued to rise. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Backlogs are rising as employment struggles to keep up with new orders: <\/strong>Recent months have seen only marginal increases in staff levels, despite sharp new orders in growth, seeing backlogs accumulate for 14 consecutive months, the report noted. If new orders continue to grow, firms will need to boost their employment to keep up with projects and prevent delays, Economics Director at S&amp;P Global Market Intelligence Andrew Harker said in the report.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Purchasing activity and stocks of inputs increased as firms sought to keep up with <\/strong><strong>demand and meet orders in a timely manner, <\/strong>the report added. Supplier delivery times also trimmed further, but at their least extent since July 2022. Input costs also perked up, amid a rapid increase in purchase prices, with some respondents citing higher computer and printing-related costs. Staff costs surged at their highest rate in the survey\u2019s history. Businesses also hiked their selling prices in a bid to augment profit margins in the face of rising input costs. Inflation quickened for the third month in a row, and was the sharpest in two-and-a-half years.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Kuwaiti business confidence strengthened in March,<\/strong> with the offering of good quality products at competitive prices set to further boost output over the coming year. One third of respondents see business activity growing in the next 12 months. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Over in Qatar: <\/strong>Qatar\u2019s PMI continued to show sustained growth in March, as boosts to output, new orders, employment, and purchasing buoyed the index, according to <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/4\/327.pdf\" style=\"\" rel=\"noopener\">Qatar Financial Center\u2019s PMI (pdf)<\/a> report for March. Qatar\u2019s headline number tracked at 50.6, down from <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/221382bf-d7a7-466a-85f8-0936879eabbb\/qatar%25e2%2580%2599s-non-oil-private-sector-saw-expansion-in-february\" style=\"\" rel=\"noopener\">51.0 in February<\/a>, signaling improved business conditions, and placing it above the 50.0 threshold separating growth from contraction. A draw down in input inventories was cited among the few factors weighing down Qatar\u2019s headline figure.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Demand for goods and services continued to boom in March, <\/strong>with firms attributing growth to new customers, competitiveness, and high-quality products. Nonetheless the rate of growth was softer, enabling a faster reduction in backlogs. Employment also increased for a twelfth consecutive month, the report showed. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Purchases of inputs rose, albeit slightly, for the first time in three months, <\/strong>as firms looked to shore up depleted inventories, the report explained. Lead times also shortened for their twenty-third successive month, alleviating pressure on supply chains. Input prices, wages, and purchase costs were stable in March. Nonetheless, output prices rose for the first time in five months, and at their fastest rate since February 2023 suggesting better margins and higher profitability for Qatari firms at the close of this year\u2019s first quarter. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Qatari businesses were upbeat about the next 12 months,<\/strong> with respondents citing new clients, development strategies, and drives to raise profitability as reasons to be hopeful. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI-<\/strong> The UAE and Saudi Arabia\u2019s non-oil private sectors continued to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/59d6e504-6275-4093-b402-8f061f1ccf0f\" style=\"\" rel=\"noopener\">expand in March<\/a> at slower rates, with the UAE\u2019s headline reading inching down to 56.9 from 57.1 in February on the back of the weakest supply chain performance in a year. KSA\u2019s headline also fell to 57.0 in March from 57.2 the previous month. Egypt\u2019s PMI rose slightly to 47.6 in March from 47.1 in February, indicating continued deterioration, but at a softer rate.<\/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\/purchasing\/\">PURCHASING<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/qatar\/\">Qatar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/supply-chains\/\">supply chains<\/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=\"77819\" 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=\"77819\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">Moves<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/04\/joramco-appoints-stephan-klose-as-coo\/\">\r\n                            Joramco appoints Stephan Klose as COO                        <\/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\/04\/joramco-appoints-stephan-klose-as-coo\/\" 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\/04\/joramco-appoints-stephan-klose-as-coo\/')\">\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\/04\/joramco-appoints-stephan-klose-as-coo\/\">\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=Joramco appoints Stephan Klose as COO&url=https:\/\/enterpriseam.com\/logistics\/2024\/04\/04\/joramco-appoints-stephan-klose-as-coo\/\">\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\/04\/joramco-appoints-stephan-klose-as-coo\/&title=Joramco appoints Stephan Klose as COO\">\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=Joramco+appoints+Stephan+Klose+as+COO+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F04%2F04%2Fjoramco-appoints-stephan-klose-as-coo%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\/04\/joramco-appoints-stephan-klose-as-coo\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/435.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"77820\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/04\/joramco-appoints-stephan-klose-as-coo\/435-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/435.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"435.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/435.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/435.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77819\" class=\"content-area-description single-story post-77819 post type-post status-publish format-standard has-post-thumbnail hentry category-moves tag-aviation tag-jordan 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\/.ca2bd008-8860-4b31-b608-c71e28c4489d.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Joramco has a new COO: <\/strong>Jordan-based maintenance, repair, and overhaul outfit and Dubai Aerospace Enterprise (DAE) subsidiary <a target=\"_blank\" href=\"https:\/\/www.joramco.com.jo\/\" style=\"\" rel=\"noopener\">Joramco<\/a> has tapped Stephan Klose (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/stephan-klose-b98945166\/\" style=\"\" rel=\"noopener\">LinkedIn<\/a>) as its new COO, according to a <a target=\"_blank\" href=\"https:\/\/www.joramco.com.jo\/media\/events-news\/PressReleaseJoramcoAppointsNewChiefOperationsOfficer\" style=\"\" rel=\"noopener\">press release<\/a>. Klose will manage daily technical and operational aspects of the business, having previously served as VP of Maintenance and Engineering at Saudi Royal Aviation.<\/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\/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=\"77821 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=\"77821\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/04\/77821\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77821\" class=\"content-area-description single-story post-77821 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=\"77822\" 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=\"77822\">\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\">Kudos<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/04\/agilitys-menzies-aviation-snaps-up-several-awards-for-operations-at-budapest-airport\/\">\r\n                            Agility\u2019s Menzies Aviation snaps up several awards for operations at Budapest Airport                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/04\/agilitys-menzies-aviation-snaps-up-several-awards-for-operations-at-budapest-airport\/\" 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\/04\/agilitys-menzies-aviation-snaps-up-several-awards-for-operations-at-budapest-airport\/')\">\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\/04\/agilitys-menzies-aviation-snaps-up-several-awards-for-operations-at-budapest-airport\/\">\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=Agility\u2019s Menzies Aviation snaps up several awards for operations at Budapest Airport&url=https:\/\/enterpriseam.com\/logistics\/2024\/04\/04\/agilitys-menzies-aviation-snaps-up-several-awards-for-operations-at-budapest-airport\/\">\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\/04\/agilitys-menzies-aviation-snaps-up-several-awards-for-operations-at-budapest-airport\/&title=Agility\u2019s Menzies Aviation snaps up several awards for operations at Budapest Airport\">\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=Agility%E2%80%99s+Menzies+Aviation+snaps+up+several+awards+for+operations+at+Budapest+Airport+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F04%2F04%2Fagilitys-menzies-aviation-snaps-up-several-awards-for-operations-at-budapest-airport%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\/04\/agilitys-menzies-aviation-snaps-up-several-awards-for-operations-at-budapest-airport\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/433.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"77823\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/04\/agilitys-menzies-aviation-snaps-up-several-awards-for-operations-at-budapest-airport\/433-jpg-8\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/433.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"433.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/433.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/433.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77822\" class=\"content-area-description single-story post-77822 post type-post status-publish format-standard has-post-thumbnail hentry category-kudos tag-agility-logistics tag-kudos tag-menzies-aviation 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\/.97120014-6f88-4a3b-92be-df854214e89c.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/menziesaviation.com\/\" style=\"\" rel=\"noopener\">Menzies Aviation<\/a><\/strong><strong>\u2019s<\/strong><strong> Budapest Airport team received three awards from two of its <\/strong><strong>partners<\/strong><strong>,<\/strong> according to a <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/menzies-aviation_menziesaviation-peoplepassionpride-bud-activity-7181204161089130496-qv5U?utm_source=share&amp;utm_medium=member_desktop\" style=\"\" rel=\"noopener\">statement<\/a>. The firm, a subsidiary of Kuwait\u2019s Agility, received Budapest Airport\u2019s Greenairport Partner of the Year award for rolling out new electric ground support equipment, and introducing chemical company Proviron\u2019s de-icing fluid, made from plant and animal based components. The team was also awarded China-based <a target=\"_blank\" href=\"https:\/\/www.sichuanair.com\/\" style=\"\" rel=\"noopener\">Sichuan Airline<\/a>\u2019s Outstanding Contribution Award and Outstanding Ground Handling Agent Award for excellent ground handling and cargo work. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND- GASEZ designates SCZone as SDG <\/strong><strong>Model Zone<\/strong><strong> Partner:<\/strong> The Global Alliance of Special Economic Zones (GASEZ) has designated Egypt\u2019s General Authority of the Suez Canal Economic Zone (<a target=\"_blank\" href=\"https:\/\/sczone.eg\/\" style=\"\" rel=\"noopener\">SCZone<\/a>) as an SDG Model Zone Partner, according to a <a target=\"_blank\" href=\"https:\/\/sczone.eg\/gasez-grants-sczone-the-certificate-of-sdg-model-zone-partner\/\" style=\"\" rel=\"noopener\">statement<\/a>. The SCZONE was granted the certification as one of the 50 SDG Model Zones Partners, chosen from a pool of 7k special economic zones affiliated with the GASEZ alliance.<\/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\/agility-logistics\/\">Agility Logistics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/kudos\/\">KUDOS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/menzies-aviation\/\">Menzies Aviation<\/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=\"77824\" 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=\"77824\">\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\/04\/al-dar-properties-break-ground-on-logistics-hub-in-dubai-south\/\">\r\n                            Al Dar Properties break ground on logistics hub in Dubai South                        <\/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\/04\/al-dar-properties-break-ground-on-logistics-hub-in-dubai-south\/\" 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\/04\/al-dar-properties-break-ground-on-logistics-hub-in-dubai-south\/')\">\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\/04\/al-dar-properties-break-ground-on-logistics-hub-in-dubai-south\/\">\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=Al Dar Properties break ground on logistics hub in Dubai South&url=https:\/\/enterpriseam.com\/logistics\/2024\/04\/04\/al-dar-properties-break-ground-on-logistics-hub-in-dubai-south\/\">\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\/04\/al-dar-properties-break-ground-on-logistics-hub-in-dubai-south\/&title=Al Dar Properties break ground on logistics hub in Dubai South\">\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=Al+Dar+Properties+break+ground+on+logistics+hub+in+Dubai+South+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F04%2F04%2Fal-dar-properties-break-ground-on-logistics-hub-in-dubai-south%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\/04\/al-dar-properties-break-ground-on-logistics-hub-in-dubai-south\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/361.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"77825\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/04\/al-dar-properties-break-ground-on-logistics-hub-in-dubai-south\/361-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/361.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"361.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/361.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/361.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77824\" class=\"content-area-description single-story post-77824 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-aldar-properties tag-also-on-our-radar 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\/.92b2a72d-e686-444c-ade7-a77731dee4a0.mp3\"><\/audio><\/figure>\n<p class=\"tag-border-left\">LOGISTICS HANDLING-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Construction starts on Dubai\u2019s first build-to-lease logistics facility:<\/strong> Dubai South and Abu Dhabi-based real estate developer Al Dar Properties have broken ground on the first build-to-lease logistics facility in Dubai, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/DubaiSouth\/posts\/pfbid02n5VffdieRdtfQ5zb4otRTsPbSpdfUhEbsXyB3mYG4e2AmEkrdTQKoYMMYh7YFn3Vl\" style=\"\" rel=\"noopener\">statement<\/a>. The facility, covering 24k sqm, is set to be completed by the end of 2024. The pair entered into a JV agreement in February to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/2467b828-e957-4efc-8cb5-85f6e18b74d2\/aldar-forms-a-jv-with%253cmark%253e-dubai-south-%253c%2Fmark%253ein-its-uae-logistics-portfolio-expansion\" style=\"\" rel=\"noopener\">develop the Dubai South logistics facility<\/a>, which is situated near Al Maktoum International Airport and neighbors global giants like Amazon, Noon, and DHL.<\/p>\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>UAE + India to boost trade: <\/strong>The Sharjah Chamber of Commerce and Industry\u2019s Indian Business and Professional Council held a meeting yesterday to ramp up economic cooperation and trade between Sharjah and India, reports <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b2gyi8g-sharjah-chamber-explores-trade-and-investment\" style=\"\" rel=\"noopener\">Wam<\/a>. The meeting aimed to explore investment windows for Sharjah-based Indian companies in the energy, maritime industries, tourism, real estate, and contracting sectors, and facilitate sustainable partnerships.<\/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>J<\/strong><strong>apan Airlines flies to Doha: <\/strong>Japan Airlines has launched its inaugural daily flight from Tokyo Haneda Airport (HND) in Japan to Hamad International Airport in Qatar. (<a target=\"_blank\" href=\"https:\/\/dohahamadairport.com\/press-releases\/news\/hamad-international-airport-and-japan-airlines-forge-strategic-partnership\" style=\"\" rel=\"noopener\">Press release<\/a>)<\/li>\n<li><strong>Flynas takes delivery of 50th plane from Airbus order: <\/strong>Saudi low cost carrier Flynas has received its 50th aircraft from a substantial order of Airbus A320 airliners. The purchase agreement with Airbus is for 120 aircraft at a cost of SAR 32 bn. (<a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/en\/N2077944\" style=\"\" rel=\"noopener\">SPA<\/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\/aldar-properties\/\">Aldar Properties<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/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=\"77826\" 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=\"77826\">\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\/04\/the-panama-canal-will-take-months-to-recover-from-precipitation-deficit\/\">\r\n                            The Panama Canal will take months to recover from precipitation deficit                        <\/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\/04\/the-panama-canal-will-take-months-to-recover-from-precipitation-deficit\/\" 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\/04\/the-panama-canal-will-take-months-to-recover-from-precipitation-deficit\/')\">\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\/04\/the-panama-canal-will-take-months-to-recover-from-precipitation-deficit\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=The Panama Canal will take months to recover from precipitation deficit&url=https:\/\/enterpriseam.com\/logistics\/2024\/04\/04\/the-panama-canal-will-take-months-to-recover-from-precipitation-deficit\/\">\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\/04\/the-panama-canal-will-take-months-to-recover-from-precipitation-deficit\/&title=The Panama Canal will take months to recover from precipitation deficit\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=The+Panama+Canal+will+take+months+to+recover+from+precipitation+deficit+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F04%2F04%2Fthe-panama-canal-will-take-months-to-recover-from-precipitation-deficit%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\/04\/the-panama-canal-will-take-months-to-recover-from-precipitation-deficit\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/431.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"77827\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/04\/the-panama-canal-will-take-months-to-recover-from-precipitation-deficit\/431-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/431.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"431.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/431.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/431.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77826\" class=\"content-area-description single-story post-77826 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-panama-canal 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\/.313e1e9c-54ba-4216-87e3-f80ff6fec9db.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>The Panama Canal will take the rest of 2024 to recover from th<\/strong><strong>e drought <\/strong><strong>that has <\/strong><strong>plagued it since last year<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-04-02\/panama-canal-will-need-rest-of-year-to-recover-from-drought?srnd=economics-trade\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports. The drought has depleted the canal\u2019s water reserves, crippling vessel movements and causing USD mns in losses for shippers. La Ni\u00f1a is forecasted to bring abundant rainfall within weeks, bringing relief after unprecedented dry conditions in 2023, according to Argelis Moreno Lopez, senior forecast and market analysis specialist in the Panama Canal Authority\u2019s strategic planning division. It will, however, take months of precipitation to fully reverse the moisture deficit, Moreno added. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/around-the-world\/\">AROUND THE WORLD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/panama-canal\/\">Panama canal<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"77828\" 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\/04\/77828\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77828\" class=\"content-area-description single-story post-77828 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>29 June (Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/GAFIEG\/posts\/pfbid0z8DptHmmjFty9qi3uNQxWFdoS5TVBQJPD2HPdnpCk2CxuGy2svK8zMXzK8QpnQsvl\" style=\"\">The Investment Conference<\/a><\/span><span style=\"font-weight:400;\"> in cooperation with the European Union, Brussels. <\/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>AD Ports will develop Iraq\u2019s Grand Faw Port | UAE\u2019s EasyLease is now a majority shareholder in United Trans | Kuwait releases its first public PMI<\/p>\n","protected":false},"featured_media":77808,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-77807","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"f99881ac-63d4-4f63-930a-097062cec102","teaser":"AD Ports will develop Iraq\u2019s Grand Faw Port | UAE\u2019s EasyLease is now a majority shareholder in United Trans | Kuwait releases its first public PMI","photo_url":"https:\/\/ent.news\/2024\/2\/1178.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>AD Ports will develop, manage, and operate Iraq\u2019s 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