{"id":78441,"date":"2024-05-09T00:00:00","date_gmt":"2024-05-09T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=78441"},"modified":"2025-12-15T14:36:46","modified_gmt":"2025-12-15T14:36:46","slug":"non-oil-private-sector-activity-dips-in-egypt-and-lebanon","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/non-oil-private-sector-activity-dips-in-egypt-and-lebanon\/","title":{"rendered":"Non-oil private sector activity dips in Egypt and Lebanon"},"content":{"rendered":"<section id=\"78443\" 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=\"78443\">\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\/05\/09\/today-uae-approves-aed-16-8-bn-transport-strategy-adnoc-ls-has-a-good-1q\/\">\r\n                            TODAY: UAE approves AED 16.8 bn transport strategy + Adnoc L&amp;S has a good 1Q                        <\/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\/05\/09\/today-uae-approves-aed-16-8-bn-transport-strategy-adnoc-ls-has-a-good-1q\/\" 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                  <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/447.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78444\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/09\/today-uae-approves-aed-16-8-bn-transport-strategy-adnoc-ls-has-a-good-1q\/447-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/447.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"447.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/447.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/447.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78443\" class=\"content-area-description single-story post-78443 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-aviation tag-dp-world tag-saudi-arabia tag-storage-warehouses tag-transport tag-uae tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/5\/.5c79ea32-5758-476f-ba55-c2f725208c1a.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, ladies and gents. <\/strong>The news cycle remains slow as the week comes to an end, but we have the latest PMI readings from Egypt and Lebanon and a few key updates emerging from the UAE and beyond to delve into.<\/p>\n<p class=\"tag-border-left\">WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt1\"><\/a><strong>#1- The UAE has a new AED 16.8 bn transport strategy: <\/strong>Dubai\u2019s Executive Council approved a transport strategy yesterday that aims to nearly double the contribution of logistics and transport to the emirate\u2019s economy to AED 16.8 bn, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/b31soqh-aed128-billion-plan-for-worlds-largest-airport\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The strategy will also aim to increase tech adoption in infrastructure by 75%, reduce carbon emissions in the sector by 30%, and improve operational efficiency by 10%.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u2026and reduced traffic flows? <\/strong>The council also approved a plan to reduce traffic in the emirate by increasing public bus routes \u2014 improving trip times by 59% \u2014 and expanding remote work policies, as well as encouraging students to use school transport. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- <\/strong>The council approved a strategy aiming to increase Dubai\u2019s data capacity fivefold, boosting \u201cvalue addition\u201d by AED 14.3 bn annually, Wam writes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt2\"><\/a><strong>#2- <\/strong><strong>DP World boosts its warehouse facilities in India<\/strong><strong>:<\/strong> UAE-based logistics giant DP World is expanding operations at its Integrated Chennai Business Park (ICBP), Indian news outlets <a target=\"_blank\" href=\"https:\/\/www.thehindubusinessline.com\/economy\/logistics\/dp-world-opens-free-trade-warehouse-zone-in-chennai\/article68153194.ece\" style=\"\" rel=\"noopener\">Business Line<\/a> and <a target=\"_blank\" href=\"https:\/\/timesofindia.indiatimes.com\/city\/chennai\/dubai-based-dp-world-expanding-its-integrated-chennai-business-park\/articleshow\/109954771.cms\" style=\"\" rel=\"noopener\">Times of India<\/a> report citing interviews with ICBP\u2019s VP Ranjit Ray. The extent to which the firm is expanding capacity is unclear, with Ray telling the Times of India DP World seeks to add 1 mn sqft of warehousing capacity in the second phase of expansions between 2027 and 2028. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What we know:<\/strong> The facility adjoins several logistics hubs, including Kattupalli Port, Ennore Port, and Chennai Port, Business Line said. ICBP currently handles cargoes from the auto, EV, electronic, FMCG, and engineering sectors, and intends to expand into pharma, windmills, and the defense sectors, the Times of India added. Response for comment and clarification from DP World were not received at the time for dispatch. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong>Egypt is<\/strong><strong> set to greenlight new guidelines for private freezones in the coming days and is <\/strong><strong>mulling over requests for three new private zones<\/strong>,<strong>&nbsp;<\/strong><a target=\"_blank\" href=\"https:\/\/www.asharqbusiness.com\/article\/63501\/%D8%A7%D9%84%D8%A3%D9%87%D9%84%D9%8A-%D8%B5%D8%A8%D9%88%D8%B1-%D9%88%D8%B1%D9%8A%D8%AF%D9%83%D9%88%D9%86-%D8%AA%D8%B7%D9%85%D8%AD%D8%A7%D9%86-%D9%84%D8%A5%D9%86%D8%B4%D8%A7%D8%A1-%D9%85%D9%86%D8%A7%D8%B7%D9%82-%D8%AD%D8%B1%D8%A9-%D8%AE%D8%A7%D8%B5%D8%A9-%D9%81%D9%8A-%D9%85%D8%B5%D8%B1\/\" style=\"\" rel=\"noopener\">AlSharq Business<\/a> reports, citing a source it says has knowledge of the matter. Egyptian real estate developers Al Ahly Sabbour and Redcon have reportedly submitted proposals for two of the freezones, which would be located in New Cairo. A request for a third private freezone by an unnamed developer is up for review in Sharm El Sheikh, the source added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- More air travel options from Saudi to Belarus forthcoming:<\/strong> The General Authority of Civil Aviation is in the process of formalizing a bilateral agreement with the Belarusian Transport and Communications Ministry to boost air transport services between the two countries, the authority <a target=\"_blank\" href=\"https:\/\/x.com\/ksagaca\/status\/1787911206163898626\" style=\"\" rel=\"noopener\">said on X<\/a>. No further information was provided. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a><strong>#5- Another <\/strong><strong>Boeing incident in Turkey: <\/strong>A Boeing 767 freighter operated by FedEx Airlines landed at Istanbul airport yesterday without its front landing gear, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/boeing-cargo-plane-lands-istanbul-without-front-landing-gear-no-casualties-2024-05-08\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. Turkey\u2019s Transport Ministry has launched a probe into the incident which caused no injuries, while FedEx said that it was working with authorities and would \u201cprovide additional information as it is available,\u201d the newswire writes. A runway at Istanbul Airport was closed following the incident, while operations continued via other runways, airport operator IGA said. Despite aircraft makers not usually being responsible for aircraft upkeep after they have been delivered to an operator, the latest incident comes following a slew of close calls for Boeing-manufactured aircraft.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#6- The <\/strong><strong>Greek navy extended its advisory aimed at deterring Russian oil <\/strong><strong>ship-to-ship <\/strong><strong>transfers after<\/strong><strong> a previous notice was set to expire today<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/europe\/greece-extends-naval-advisory-deter-russian-oil-ship-to-ship-transfers-2024-05-08\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. The move bans ship movements southeast of the Peloponnese, with waters to the south of Greece and the Laconian Gulf recently emerging as a hotspot for Russian offshore ship-to-ship transfers, a common tactic applied by traders to dodge sanctions, the newswire said. \u201cThe NAVTEX advisory is an indirect way to prevent such activities,\u201d a source with knowledge of the matter told Reuters. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>BACKGROUND-<\/strong> The EU <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/32692336-fe0a-4826-9182-e23f8abf4528\/today:-a-basket-of-aviation-updates-%2B-qatar-and-kuwait%25e2%2580%2599s-pmis-are-in\" style=\"\" rel=\"noopener\">proposed restrictions<\/a> earlier this week on 11 Russian vessels \u2014 including four fuel tankers, two crude tankers, and two gas-storage units \u2014 active in financing Russia\u2019s war in Ukraine. The sanctions, if approved by member states, would ban the vessels from accessing EU ports and anchorage zones and bar them from using European companies for various operational services.<\/p>\n<p class=\"tag-border-left\">DISRUPTION WATCH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>R<\/strong><strong>epairs to submarine internet cables damaged in the Red Sea<\/strong><strong> are being held up <\/strong><strong>by disputes on who controls access to infrastructure in Yemen\u2019s waters<\/strong>,<strong> <\/strong><a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-05-07\/repairs-to-damaged-red-sea-internet-cables-delayed-by-yemen-political-splits\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports citing documents it has seen. The Yemeni government has granted permits to repair two of three damaged cables, Seacom and EIG, while withholding permission to repair the AAE-1 cable due to disputes surrounding one of the cable\u2019s operators, TeleYemen. TeleYemen has a branch in Aden, the capital of Yemen\u2019s internationally recognized government, with another in Sanaa, capital of Houthi-controlled Yemen. Aden\u2019s government has refused to collaborate with TeleYemen\u2019s Sanaa-based representatives, leading it to turn down a permit for repairs to AAE-1, Bloomberg said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> The three <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/69c1559e-09af-4f75-81d3-7137f238cca9\" style=\"\" rel=\"noopener\">severed<\/a> internet cables carry large volumes of internet traffic which has since been rerouted. Earlier reports identified the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/3d1db3df-18aa-41df-8a62-2e6a52afbc69\/sunken-rubymar%25e2%2580%2599s-anchor-may-have-severed-red-sea-data-cables-%2B-a-flurry-of-activity-in-the-red-sea-in-the-wake-of-first-fatalities\" style=\"\" rel=\"noopener\">sunken Rubymar\u2019s anchor<\/a> as the most likely cause behind the cables\u2019 damage. <\/p>\n<p class=\"tag-border-left\">MARKET WATCH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong>Oil prices rose in early trading this morning<\/strong><strong> on hopes the Fed will slash interest rates by the end of the year<\/strong>,<strong> <\/strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/oil-rises-us-crude-storage-draw-fed-rate-cut-hopes-2024-05-09\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. Brent crude futures for July rose USD 0.23 to USD 83.81 a barrel by 00.33 GMT, while US West Texas Intermediate (WTI) crude for June was up USD 0.29 to USD 79.28 a barrel, the newswire said. Crude inventories dropped last week by 1.4 mn barrels to 459.5 mn barrels, according to the US Energy Information Administration (EIA).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>World oil demand in 2024 is forecasted to increase at a slower pace than <\/strong><strong>previously anticipated while oil output will continue to grow faster than expected<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/eia-cuts-world-oil-demand-forecast-2024-hikes-output-expectations-2024-05-07\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing EIA statements released earlier this week. A faster than expected ramp up in production in non-OPEC producers and lower projections for demand from developed countries drove the change in forecasts. The agency has notched down its consumption growth forecast for this year from 950k bpd to 920k bpd, placing yearly demand at some 102.84 mn bpd. Meanwhile, production is expected to boost 970k bpd to 102.76 mn bpd, up from the EIA\u2019s previous forecast of a 850k bpd increase in production this year. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The adjustment drives down previous EIA forecasts for oil prices,<\/strong> with Brent crude now set to average at USD 90 a barrel and USD 88.67 a barrel for 2024\u2019s third and fourth quarters, slightly above previous forecasts of USD 91 and USD 89, Reuters says.<\/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 surges to six-week peak: <\/strong>The Baltic Exchange's dry bulk sea freight index \u2014 which tracks rates for the capesize, panamax, and supramax vessel segments \u2014 was up 11.03%, to 2,083 points on Tuesday, reaching a six-week high, as the index was buoyed by gains in larger segments, <a target=\"_blank\" href=\"https:\/\/www.hellenicshippingnews.com\/baltic-index-hit-its-highest-in-more-than-6-weeks\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. The capesize subindex rose to 21.2%, to 3,239 points, while panamex increased 3.5%, to 1,949 points. The smaller supramax segment gained 3 points to 1,461, the newswire said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- Multipurpose vessels (MPV), including larger project carriers, show a profound fall <\/strong><strong>in the number of Suez and Panama canal transits<\/strong>,<strong>&nbsp;<\/strong><a target=\"_blank\" href=\"https:\/\/www.hellenicshippingnews.com\/multipurpose-shipping-hit-by-panama-canal-and-red-sea-troubles\/\" style=\"\" rel=\"noopener\">Drewry<\/a> reports. Demand for project carriers remains strong, which along with longer routes has driven a slight increase in charter rates. Strong demand for MPVs is expected next year, implying a tighter market particularly if disruptions continue. At the same time orders for newbuild MPVs are small and capacity utilization is high, Drewry also said. <\/p>\n<p class=\"tag-border-left\">DATA POINT- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Qatari port authority (Mwani) handled 1.3 mn TEUs in 2023<\/strong>,<strong> <\/strong>according to <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/5\/517.pdf\" style=\"\" rel=\"noopener\">an<\/a><a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/5\/517.pdf\" style=\"\" rel=\"noopener\">annual report (pdf)<\/a>. The Qatari port operators also processed 929k freight tons of bulk cargo, 1.37 mn freight tons of general cargo, 81k roro units, and 444k heads of livestock during the period, the report said. 2.3k cargo vessels called at Mwani\u2019s port during the year. <\/p>\n<p class=\"tag-border-left\">OUR NEXT CONFERENCE IN CAIRO-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Foreign investors are falling in love with Egypt again\u2026<\/strong> Foreign investors we speak with (debt, equity, and strategic alike) have growing appetite for Egypt. They\u2019re buying into local debt, eyeing promising shares, and committing bns of USD to both new ventures here and the growth of their existing businesses. They like the Egypt story that\u2019s taking shape after the float of the EGP, and its competitive advantages are clear to many of them: <strong>It\u2019s a massive consumer opportunity and a regional export hub of tomorrow.<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.0;orphans:2;widows:2;text-align:left\"><strong>The Enterprise Optimism Forum 2024 will do exactly what it says on the tin: <\/strong>Spark conversations about a future that sees Saudi Arabia, Egypt, and the the UAE at the heart of a more vital Middle East economy \u2014 and provide an early, actionable roadmap for those who are \u201clong Egypt.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.0;orphans:2;widows:2;text-align:left\"><strong>We\u2019ll be talking with you about the agenda over the coming couple of weeks.&nbsp;<\/strong>It features speakers from Egypt and abroad who are future-proofing their businesses and angling to capture tomorrow\u2019s opportunities \u2014 and who aren\u2019t afraid to answer some tough questions. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.0;orphans:2;widows:2;text-align:left\"><strong>*** Interested in attending? <\/strong><strong><a target=\"_blank\" href=\"https:\/\/optimism.enterprise.news\/\" style=\"\" rel=\"noopener\">Tap or click here to let us know<\/a><\/strong>. Seating is limited. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a href=\"https:\/\/optimism.enterprise.news\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/ads\/imgs\/221.jpg?ssl=1\"><\/a> <\/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;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE will host <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.theairportshow.com\/\" style=\"\" rel=\"noopener\">The Airport Show<\/a><\/strong><strong> from Tuesday, 14 May through to Thursday, 16 May<\/strong> in Dubai. The event brings together airport suppliers, airport service providers, aviation executives, and regional decision makers to explore current innovations and new technologies.<\/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.iata.org\/en\/events\/all\/placi-compliance-session\/\" style=\"\" rel=\"noopener\">Pre-Loading Advance Cargo Information<\/a><\/strong><strong> (PLACI) session <\/strong><strong>from Tuesday, 14 May through to Wednesday, 15 May<\/strong> in Abu Dhabi. The event gathers public officials from the UAE and abroad, airlines, freight forwarders, ground handlers, and cargo solution providers to examine PLACI regulatory developments, addressing obstacles to implementation and ensuring compliance. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Iran will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/en.mehrnews.com\/news\/214594\/Tehran-hosts-meeting-of-ECO-heads-of-railway-authorities\" style=\"\" rel=\"noopener\">International Exhibition of Rail Transportation and Related<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/en.mehrnews.com\/news\/214594\/Tehran-hosts-meeting-of-ECO-heads-of-railway-authorities\" style=\"\" rel=\"noopener\">Industries<\/a><\/strong><strong> from Saturday 18 May to Tuesday 21 May <\/strong>in Tehran. The exhibition looks to attract domestic and international firms to showcase Iran\u2019s local rail manufacturing capabilities and to acquaint industry players with developments made in the industry worldwide.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE will host <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.evinnovationsummit.com\/\" style=\"\" rel=\"noopener\">The Electric Vehicle Innovation Summit<\/a><\/strong><strong> from Monday, 20 May to Wednesday, 22 May<\/strong> in Abu Dhabi. The event will see industry leaders come together to discuss sustainable mobility and tapping into groundbreaking advancements in electric vehicles while engaging with key decision-makers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi Arabia will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/futureaviationforum.com\/en\" style=\"\" rel=\"noopener\">Future Aviation Forum<\/a><\/strong><strong> from Monday, 20 May to <\/strong><strong>Wednesday, 22 May<\/strong> in Riyadh. The event, organized by the General Authority of Civil Aviation, will see the Kingdom showcasing some USD 100 bn worth of investment options in the aviation and logistics sector at large. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Barbados will host<\/strong><strong><a target=\"_blank\" href=\"https:\/\/unctad.org\/\" style=\"\" rel=\"noopener\">UNCTAD<\/a><\/strong><strong>\u2019s<\/strong><strong><a target=\"_blank\" href=\"https:\/\/unctad.org\/conference\/global-supply-chain-forum-2024\" style=\"\" rel=\"noopener\">Global Supply Chain Forum<\/a><\/strong><strong> from Tuesday, 21 May to Friday, 24 May<\/strong> in Bridgetown. UNCTAD is holding the event in collaboration with the Government of Barbados, which aims to evaluate the role global supply chains have in supporting economic growth, creating jobs, and reducing poverty. Global industry leaders, policymakers and experts will convene to discuss forthcoming issues and explore innovative solutions. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Oman will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/comex.om\/2022\/\" style=\"\" rel=\"noopener\">Comex Technology Show<\/a><\/strong><strong> from Monday, 27 May to Saturday, 30 May<\/strong> in Muscat. The event will see representation from industry leaders and decision makers to showcase buyer potential in innovative technology, in transportation, logistics, energy and healthcare sectors.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt will host <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.propakmena.com\/en\/home.html\" style=\"\" rel=\"noopener\">ProPak MENA<\/a><\/strong><strong> from Sunday, 26 May to Tuesday, 28 May<\/strong> in Cairo. The conference will see F&amp;B manufacturing industry professionals network and discover the latest equipment and logistic solutions for processing and packaging.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Check out our full calendar<\/strong> at the bottom of this email for a comprehensive listing of upcoming news events and news triggers.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/dp-world\/\">DP World<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a 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d=\"M285.476 272.971L91.132 467.314c-9.373 9.373-24.569 9.373-33.941 0l-22.667-22.667c-9.357-9.357-9.375-24.522-.04-33.901L188.505 256 34.484 101.255c-9.335-9.379-9.317-24.544.04-33.901l22.667-22.667c9.373-9.373 24.569-9.373 33.941 0L285.475 239.03c9.373 9.372 9.373 24.568.001 33.941z\"><\/path><\/svg><\/button><\/div><\/div><div class=\"stk-block-carousel__dots\" role=\"list\" data-label=\"Slide %%d\"><\/div><\/div><\/div>\r\n        <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"78446\" 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=\"78446\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">Purchasing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/09\/non-oil-private-sector-activity-dips-in-egypt-and-lebanon-while-egypt-sees-inflation-cooling\/\">\r\n                            Non-oil private sector activity dips in Egypt and Lebanon, while Egypt sees inflation cooling                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/567.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"567.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/567.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/567.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78446\" class=\"content-area-description single-story post-78446 post type-post status-publish format-standard has-post-thumbnail hentry category-purchasing tag-egypt tag-purchasing tag-supply-chains tag-trade wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/5\/.8b3d2d83-761d-4c8d-9a17-836d784f3d95.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How Egypt + Lebanon non-energy private sectors performed in April<\/strong><strong>:<\/strong> Purchasing manager indices (PMI) tracking non-energy sectors in Egypt and Lebanon told a mixed tale in April. Egypt and Lebanon saw a decline in their headline PMIs, amid a downturn in business activity. However, whereas Egypt saw inflation recover amid greater access to FX, geopolitical concerns yielded lower business performance and a somber outlook for Lebanon.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Refresher-<\/strong> The all-important 50.0 mark is the threshold separating contraction from growth. Anything above 50 denotes expansion, while anything below indicates contraction.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>First up, Egypt:<\/strong> Egypt\u2019s headline PMI figure fell slightly to 47.4 in April, down from <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/59d6e504-6275-4093-b402-8f061f1ccf0f\/non-oil-private-sector-activity-across-gcc-continues-to-shows-expansion,-while-egypt-remains-in-contraction-amid-currency-challenges-and-red-sea-disruptions\" style=\"\" rel=\"noopener\">47.6 in<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/59d6e504-6275-4093-b402-8f061f1ccf0f\/non-oil-private-sector-activity-across-gcc-continues-to-shows-expansion,-while-egypt-remains-in-contraction-amid-currency-challenges-and-red-sea-disruptions\" style=\"\" rel=\"noopener\">March<\/a>, and its second-lowest reading in the past year, according to <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/5\/506.pdf\" style=\"\" rel=\"noopener\">S&P Global\u2019s Egypt PMI (pdf)<\/a>. Non-oil activity continued to see a downturn amid drops in business activity and weak demand, while new orders and export orders remained flat.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Monetary policy shifts show first signs of recovery:<\/strong> PMI data suggests the nation witnessed a sizeable easing of inflationary pressures \u2014 with the rate of cost inflation at its lowest in over three years \u2014 as the implementation new policy measures, including interest rate hikes and the floating of the EGP, saw firms reporting better access to FX. \u201cAverage prices charged for goods and services rose at a much slower rate in April, which could feed through to lower headline inflation in the coming months,\u201d S&P Global Economics Associate Director Phil Smith said in the report. April also saw a renewed downturn in employment, following a slight uptick in March, amid the general fall in business activity. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Firms reduced their purchasing activity in April<\/strong>, despite easing inflation, with Egypt seeing a slowdown in purchase cost inflation as FX markets became more balanced, Smith added. Stocks of purchases also lifted, but only slightly amid delivery delays. Nonetheless supply disruptions were marginal, and eased for the second month in a row. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt\u2019s outlook is at a six-month high,<\/strong> as firms look to better availability of materials, exchange rate stability, and lower inflation rates. Nevertheless, sentiments were still low when compared to historical levels. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Over in Lebanon:<\/strong> Lebanon saw a plunge in headline figures in April, driven by a downturn in new orders and output, due to rising security concerns and geopolitical tensions, according to Blominvest Bank\u2019s <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/5\/512.pdf\" style=\"\" rel=\"noopener\">Lebanon PMI (pdf)<\/a>. The reading saw a steep drop to 48.9 in April from <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/aca4779b-4adb-4a49-a91a-1e3e6f8edcd8\/%253cmark%253elebanon%253c%2Fmark%253e%25e2%2580%2599s-private-sector-continues-to-be-weighed-down-by-security-concerns-and-economic-challenges\" style=\"\" rel=\"noopener\">49.4 in March<\/a>, falling at its fastest in the YTD, and hitting a four-months low.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Security concerns remain a core reason for declines:<\/strong> PMI data indicates a dip in sales volumes to non-domestic customers across Lebanon\u2019s private sector, as security concerns due to the war in Gaza and instability at Lebanon\u2019s southern border deterred clients from placing new orders. New export orders, total new business intakes, and total business activity all declined in April, with Red Sea disruptions driving a surge in shipping costs to Europe and dragging down international sales. New export orders fell at their fastest since December 2022. Delivery times lengthened for the second month running, along with output charges which rose in April.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>On the upside:<\/strong> Purchasing activity and input stocks in Lebanon ramped up to their highest in nine months, with new product launches driving larger inventories. Stocks improved despite deteriorating supplier performance, with lead times increasing for the second month in a row. Firms\u2019 employment held stable, and backlogs were used to supplement activity, resulting in a marginal depletion of backlogs.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Firm operating expenses rose slightly,<\/strong> as staff costs and purchase prices rose slightly. Shipping costs and supplier fees also increased, with firms passing on the increases to consumers via a ramp up in output charges.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Business outlook in Lebanon remained pessimistic for the next 12 months,<\/strong> with respondents citing geopolitical concerns and threats of spillovers into Lebanon.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How did other MENA shape up in April?<\/strong> Saudi Arabia and the UAE\u2019s non-oil private sectors saw <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/b9f3ce7f-5457-4a24-9523-3d6c9968912e\/ksa%25e2%2580%2599s-non-oil-private-sector-witnessed-steady-growth-in-april-while-uae-experienced-a-dip\" style=\"\" rel=\"noopener\">both countries<\/a> holding above the 50.0 mark threshold separating contraction from growth this month. Saudi remained in expansion with steady growth amid favorable market conditions. Similarly, Qatar and Kuwait\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/d112bb3b-ba3d-4d22-a905-5239cde63fd0\/how-qatar-and-kuwait%25e2%2580%2599s-non-oil-private-sector-fared-in-april\" style=\"\" rel=\"noopener\">headline PMIs<\/a> also placed above the 50.0 threshold separating growth from contraction, with growth in both countries attributed to new orders and boosted output.<\/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\/purchasing\/\">PURCHASING<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"78448 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=\"78448\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/09\/78448\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78448\" class=\"content-area-description single-story post-78448 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=\"78449\" 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=\"78449\">\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\">Earnings Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/09\/adnoc-lss-net-income-surged-34-y-o-y-in-1q-2024\/\">\r\n                            Adnoc L&amp;S\u2019s net income surged 34% y-o-y in 1Q 2024                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/09\/adnoc-lss-net-income-surged-34-y-o-y-in-1q-2024\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The company logged AED 3.1 bn (USD 870 mn) in revenues for the quarter, marking a 42% y-o-y increase. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Behind the numbers: <\/strong>The company\u2019s boosted performance is thanks to a successful growth strategy which will include <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/95b304d1-352b-4243-accf-ab4257d37956\/%253cmark%253eadnoc%253c%2Fmark%253e-to-float-15%2525-stake-in-logistics-subsidiary\" style=\"\" rel=\"noopener\">USD 5 bn in investments<\/a> to power growth in \u201cenergy-related maritime logistics over the medium term,\u201d both in the UAE and abroad, the company said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The segment-by-segment breakdown: <\/strong>Adnoc L&amp;S\u2019s Integrated Logistics segment witnessed a 55% y-o-y boost in revenues to USD 546 mn on the back of improved performance across all business units, including larger contributions from Jack Up Barges (JUBs) due to a larger fleet. The outfit\u2019s shipping segment saw a 25% surge in revenues to USD 251 mn attributable to high charter rates for tanker, dry bulk, and container vessels, and added earnings from four Very Large Crude Carriers (VLCC) recently added to their tanker fleet. Marine services saw a 7% bump to earnings to USD 43 mn, attributed to boosted volumes in petroleum ports operations, and a fulfillment of a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/ef04f7b1-4cb9-44f6-9b9a-9efd3db384f4\/adnoc-logistics-%2B-adnoc-offshore-sign-usd-2.6-bn-logistics-services-contract\" style=\"\" rel=\"noopener\">Marine Terminal Operations contract<\/a> with Adnoc Offshore.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Looking forward: <\/strong>Adnoc L&amp;S sees revenue growing in the low 30% range in the medium term, and net income boosting in the low 20% range in 2024.<\/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\/adnoc-logistics\/\">ADNOC Logistics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/earnings-watch\/\">EARNINGS WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/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=\"78451 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=\"78451\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/09\/78451\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78451\" class=\"content-area-description single-story post-78451 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=\"78452\" 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=\"78452\">\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\">Logistics in the News<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/09\/amazon-is-set-to-deploy-a-dozen-volvo-electric-semi-trucks-in-california\/\">\r\n                            Amazon is set to deploy a dozen Volvo electric semi-trucks in California                        <\/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\/05\/09\/amazon-is-set-to-deploy-a-dozen-volvo-electric-semi-trucks-in-california\/\" 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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Currently, only 1% of the 23,7k trucks serving the port complex are electric, Long Beach port spokesman Lee Peterson told the newswire.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The challenge:<\/strong> The company is in the process of gathering information on the battery performance of the big rigs to determine how many will be required, Reuters write. The transition to electric semi trucks will be more challenging than deploying delivery vans due to the heavier load on EV batteries which will require more intensive charging infrastructure.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The road to electrification<\/strong>: Amazon already has eight operational semi trucks at the Los Angeles port complex. Since 2022, the company has deployed over 13,5k electric cargo delivery vans. The transition to electric semi-trucks is in line with Amazon\u2019s target of net-zero carbon emissions by 2040.<\/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\/amazon\/\">Amazon<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/decarbonization\/\">decarbonization<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/logistics-in-the-news\/\">LOGISTICS IN THE NEWS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trucking\/\">trucking<\/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=\"78454\" 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=\"78454\">\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\">Also on Our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/09\/adnoc-secures-another-15-year-lng-agreement-for-its-ruwais-project\/\">\r\n                            Adnoc secures another 15-year LNG agreement for its Ruwais project                        <\/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\/05\/09\/adnoc-secures-another-15-year-lng-agreement-for-its-ruwais-project\/\" 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\/05\/09\/adnoc-secures-another-15-year-lng-agreement-for-its-ruwais-project\/')\">\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\/05\/09\/adnoc-secures-another-15-year-lng-agreement-for-its-ruwais-project\/\">\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=Adnoc secures another 15-year LNG agreement for its Ruwais project&url=https:\/\/enterpriseam.com\/logistics\/2024\/05\/09\/adnoc-secures-another-15-year-lng-agreement-for-its-ruwais-project\/\">\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\/05\/09\/adnoc-secures-another-15-year-lng-agreement-for-its-ruwais-project\/&title=Adnoc secures another 15-year LNG agreement for its Ruwais project\">\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=Adnoc+secures+another+15-year+LNG+agreement+for+its+Ruwais+project+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F05%2F09%2Fadnoc-secures-another-15-year-lng-agreement-for-its-ruwais-project%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\/05\/09\/adnoc-secures-another-15-year-lng-agreement-for-its-ruwais-project\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/554.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78455\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/09\/adnoc-secures-another-15-year-lng-agreement-for-its-ruwais-project\/554-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/554.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"554.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/554.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/554.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78454\" class=\"content-area-description single-story post-78454 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-lng tag-morocco tag-saudi-arabia 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\/5\/.b86323f1-a40d-4160-8007-bf6e23386215.mp3\"><\/audio><\/figure>\n<p class=\"tag-border-left\">SUPPLY CHAINS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Adnoc secures another 15-year LNG supply agreement for Al Ruwais: <\/strong>Abu Dhabi National Oil Company (Adnoc) signed a preliminary 15-year agreement with German energy giant Energie Baden-W\u00fcrttemberg, to supply it with 0.6 mn tons of liquefied natural gas (LNG) per year, according to a <a target=\"_blank\" href=\"https:\/\/www.adnoc.ae\/en\/news-and-media\/press-releases\/2023\/adnoc-signs-third-long-term-heads-of-agreement-for-ruwais-lng-project\" style=\"\" rel=\"noopener\">statement<\/a>. The LNG will be sourced from Adnoc\u2019s lower-carbon Ruwais LNG project in Abu Dhabi, with deliveries set to begin in 2028 once the facility is operational. A finalized agreement will be subject to receiving regulatory approval and the companies reaching a definitive sale and purchase agreement. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This is the third long-term LNG supply agreement for the project: <\/strong>Adnoc inked <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/81c8aa0e-cd48-4a49-8a21-dc555d1abc1b\/adnoc-secures-another-15-year-lng-agreement-for%253cmark%253e-ruwais%253c%2Fmark%253e-project\" style=\"\" rel=\"noopener\">similar 15-year agreements<\/a> with China's ENN Natural Gas and SEFE Marketing &amp; Trading Singapore, a subsidiary of Germany\u2019s state-owned energy firm Securing Energy for Europe, to deliver to each some 1 mn tons of LNG annually from the new plant.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More on Ruwais LNG:<\/strong> The project is positioned to become the region\u2019s first LNG export facility to operate on renewable energy. Ruwais LNG consists of two 4.8 mmtpa LNG liquefaction trains with a combined 9.6 mmtpa capacity, which will more than double Adnoc\u2019s LNG output to 15 mmtpa once Ruwais LNG comes online.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Could Shell sell its gas stations in Malaysia to Aramco?&nbsp;<\/strong>British energy giant Shell is in talks with the Saudi state-owned Aramco to sell its gas station business in Malaysia, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/shell-talks-sell-malaysia-fuel-stations-saudi-aramco-sources-say-2024-05-06\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing industry sources. The sale could be worth up to USD 1 bn, the sources told the newswire. Although Aramco does not own fuel stations in Malaysia, it owns 50% of the Pengerang refinery in Johor alongside Petronas, which produces 300k barrels per day (bpd) for domestic fuel sales and exports, the newswire reports. Talks began late last year and an agreement could be reached within months, a source told the outlet. Shell owns some 950 fuel stations in Malaysia.<\/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>Hailiang to build battery parts plant in Morocco:<\/strong> Chinese copper tubes and rods manufacturer <a target=\"_blank\" href=\"https:\/\/www.hailiangstock.com\/en\/\" style=\"\" rel=\"noopener\">Zhejiang Hailiang<\/a> is planning to construct a USD 288 mn plant for the production of lithium-battery copper foil in Morocco for export, according to <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/5\/576.pdf\" style=\"\" rel=\"noopener\">a company filing (pdf)<\/a> to the Shenzhen Stock Exchange. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What we know: <\/strong>The plant will be constructed in 36 months and will have the capacity to produce 50k tons of alloy, 35k tons of pipe, 40k tons of rod, and 25 tons of foil annually for export to Europe, America, MENA, and Africa.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why Morocco? <\/strong>Morocco's free trade agreements with the <a target=\"_blank\" href=\"https:\/\/www.cbp.gov\/trade\/free-trade-agreements\/morocco\" style=\"\" rel=\"noopener\">US<\/a>, <a target=\"_blank\" href=\"https:\/\/policy.trade.ec.europa.eu\/eu-trade-relationships-country-and-region\/countries-and-regions\/morocco_en\" style=\"\" rel=\"noopener\">EU<\/a> and Turkey will allow easy access to those markets, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-05-08\/china-s-hailiang-plans-morocco-copper-plant-to-tap-western-users\" style=\"\" rel=\"noopener\">Bloomberg<\/a> explains. Hailiang also wants to capitalize on Africa's abundant copper resources to keep production costs low. <\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi tech firm TruKKer now has a new integrated freight forwarding subsidiary, <\/strong><strong>Omnilog<\/strong>, offering different air, sea, and land freight to connect major trade lanes in Asia, Europe, and both Americas, <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/trukkertech_trukker-launches-omnilog-a-comprehensive-activity-7193747845991018496-J-jd\/?utm_source=share&amp;utm_medium=member_desktop\" style=\"\" rel=\"noopener\">the company said<\/a> on Tuesday. The subsidiary is now operational in the UAE, KSA, and Turkey, <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/trukker-launches-omnilog-a-comprehensive-freight-forwarding-company-pcs13u2i\" style=\"\" rel=\"noopener\">TruKKer said<\/a>. No further details were disclosed.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About TruKKer:&nbsp;<\/strong><a target=\"_blank\" href=\"https:\/\/trukker.com\/ae\/about-us.html\" style=\"\" rel=\"noopener\">TruKKer<\/a> is a digital freight network player connecting businesses with truck operators on busy inter-GCC and inter-Middle East land routes. The company runs an asset-light model, meaning it facilitates bookings through its platform without directly owning trucks. TruKKer\u2019s investors include IFC, Abu Dhabi's Mubadala and ADQ, Saudi Technology Ventures, and Investcorp.<\/p>\n<p class=\"tag-border-left\">SHIPPING + MARITIME-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE + Jordan partner on maritime sector:<\/strong> The UAE and Jordan also signed an MoU \u201cto drive cooperation, capacity building, and knowledge exchange and enhance mutual recognition of seafarers\u2019 certificates of competence,\u201d with a focus on exploring prospective areas of cooperation and capacity-building in the maritime sector, according to a Foreign Ministry <a target=\"_blank\" href=\"https:\/\/twitter.com\/MOEIUAE\/status\/1788091923518943735\" style=\"\" rel=\"noopener\">post on X<\/a>.<\/p>\n<p class=\"tag-border-left\">DECARBONIZATION-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Hydrogen-fired motorcycles coming to UAE: <\/strong><a target=\"_blank\" href=\"https:\/\/et.ae\/en\/about-us\/who-we-are\/\" style=\"\" rel=\"noopener\">Emirates Transport<\/a> has inked an MoU with sustainable transportation solutions company Contigo Mobility to deploy pilot fleets of hydrogen-powered motorcycles, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/contigo-mobility-and-emirates-transport-forge-strategic-partnership-to-introduce-hydrogen-powered-motorcycle-pilot-fleets-in-the-uae-vcrlte0s\" style=\"\" rel=\"noopener\">press<\/a><a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/contigo-mobility-and-emirates-transport-forge-strategic-partnership-to-introduce-hydrogen-powered-motorcycle-pilot-fleets-in-the-uae-vcrlte0s\" style=\"\" rel=\"noopener\">release<\/a>. The agreement will see Contigo draw on its know-how on New Energy Vehicle two-wheeler fleet supply and hydrogen fuel cell technology to develop the motorcycles, the press release adds. <\/p>\n<p class=\"tag-border-left\">DIGITALIZATION- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Etihad Airport Services Carg<\/strong><strong>o (<\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.etihadcargo.com\/en\/services\/etihad-airport-services\" style=\"\" rel=\"noopener\">EASC<\/a><\/strong><strong>) has upgraded its Abu Dhabi hub to <\/strong><strong><a target=\"_blank\" href=\"https:\/\/hermes-cargo.com\/products-services\/hermes-5-saas\/\" style=\"\" rel=\"noopener\">Hermes<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/hermes-cargo.com\/products-services\/hermes-5-saas\/\" style=\"\" rel=\"noopener\">5<\/a><\/strong>, its latest cargo management system (CMS), according to a <a target=\"_blank\" href=\"https:\/\/hermes-cargo.com\/news\/press-releases\/hermes-5-goes-live-for-etihad-airport-services-cargo-in-abu-dhabi\/\" style=\"\" rel=\"noopener\">press release<\/a>. The Hermes Ecosystem is \u201ca suite of pay-as-you-go cargo management solutions that include Business Intelligence, Track &amp; Trace, and a Learning Management System,\u201d according to the statement. \u201cIn addition to the operational efficiency and new functionality of the upgraded CMS, EASC will benefit from an enhanced version of Hermes Business Intelligence, a comprehensive dashboard reporting tool based on Hermes\u2019 extensive data lakes,\u201d said CEO of Hermes Logistics Technologies Yuval Baruch. The Hermes Business Intelligence add-on is set to be operational with Etihad Airport Services Cargo in June 2024.<\/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\/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\/lng\/\">LNG<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/morocco\/\">Morocco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/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=\"78456\" 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=\"78456\">\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\">Around the World<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/09\/the-us-cracks-down-on-chip-exports-to-huawei\/\">\r\n                            The US cracks down on chip exports to Huawei                        <\/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\/05\/09\/the-us-cracks-down-on-chip-exports-to-huawei\/\" 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\/05\/09\/the-us-cracks-down-on-chip-exports-to-huawei\/')\">\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\/05\/09\/the-us-cracks-down-on-chip-exports-to-huawei\/\">\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 US cracks down on chip exports to Huawei&url=https:\/\/enterpriseam.com\/logistics\/2024\/05\/09\/the-us-cracks-down-on-chip-exports-to-huawei\/\">\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\/05\/09\/the-us-cracks-down-on-chip-exports-to-huawei\/&title=The US cracks down on chip exports to Huawei\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=The+US+cracks+down+on+chip+exports+to+Huawei+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F05%2F09%2Fthe-us-cracks-down-on-chip-exports-to-huawei%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\/05\/09\/the-us-cracks-down-on-chip-exports-to-huawei\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/601.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78457\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/09\/the-us-cracks-down-on-chip-exports-to-huawei\/601-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/601.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"601.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/601.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/601.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78456\" class=\"content-area-description single-story post-78456 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-trade wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/5\/.fcd55ad2-b221-4f9c-b594-89432a6591ce.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>No more chips to China\u2019s Huawei:<\/strong> The US has withdrawn export licenses that allowed American companies \u2014 including Intel and Qualcomm \u2014 to supply China\u2019s Huawei with chips used for laptops and handsets, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/technology\/us-revoked-some-export-licenses-chinas-huawei-2024-05-07\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. The move comes after Huawei recently launched its first AI-enabled laptop \u2014 the MateBook X Pro \u2014 powered by Intel's new Core Ultra 9 processor. China has condemned the move, saying it \"resolutely opposes the United States overstretching the concept of national security and abusing export controls to suppress Chinese companies without justification.\"<\/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>Ukrainian missiles hit an oil depot in Russian-held Luhansk<\/strong>, igniting a large fire and leaving five employees injured. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/europe\/ukraine-forces-hit-oil-depot-russian-held-city-local-leader-says-2024-05-07\/\" style=\"\" rel=\"noopener\">Reuters<\/a>)<\/li>\n<li><strong>Alstom plans to raise EUR 1 bn to cut debt: <\/strong>French train maker Alstom plans to tap investors to raise EUR 1 bn by September to help pare down its EUR 2.99 bn debt. The company is also eyeing a EUR 750 mn bond issuance. The company\u2019s finances and cashflow took hits recently after major clients put off orders. (<a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/business\/article\/2024\/may\/08\/struggling-train-maker-alstom-plans-to-cut-debt-with-rights-issue\" style=\"\" rel=\"noopener\">The Guardian<\/a>)<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/around-the-world\/\">AROUND THE WORLD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"78458\" 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\/05\/09\/78458\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78458\" class=\"content-area-description single-story post-78458 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\">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>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>7-10 May (Tuesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.mipharmaglobal.com\/\" style=\"\">MiPharma Global Conference<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi, UAE. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>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>14-15 May (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iata.org\/en\/events\/all\/placi-compliance-session\/\" style=\"\">Pre-Loading<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iata.org\/en\/events\/all\/placi-compliance-session\/\" style=\"\">Advance Cargo Information session<\/a><\/span><span>, 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>14-16 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>18-21 May (Saturday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/en.mehrnews.com\/news\/214594\/Tehran-hosts-meeting-of-ECO-heads-of-railway-authorities\" style=\"\">Exhibition of Rail Transportation and Related Industries<\/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>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:\/\/aci.aero\/events\/aci-asia-pacific-aci-world-annual-general-assembly-conference-and-exhibition-waga\/\" 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<\/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>Adnoc L&#038;S has a good 1Q | UAE approves AED 16.8 bn transport strategy | Egypt + Lebanon\u2019s PMI dips | Another snafu for Boeing<\/p>\n","protected":false},"featured_media":78442,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-78441","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"9cbd9db9-2fc4-49c1-b42c-869ca3c7e4a3","teaser":"Adnoc L&S has a good 1Q | UAE approves AED 16.8 bn transport strategy | Egypt + Lebanon\u2019s PMI dips | Another snafu for Boeing","photo_url":"https:\/\/ent.news\/2024\/4\/462.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>Non-oil private sector activity dips in Egypt and Lebanon - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/logistics\/issues\/non-oil-private-sector-activity-dips-in-egypt-and-lebanon\/\" \/>\n<meta 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