{"id":78789,"date":"2024-05-27T00:00:00","date_gmt":"2024-05-27T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=78789"},"modified":"2025-12-15T14:42:24","modified_gmt":"2025-12-15T14:42:24","slug":"dp-world-mawani-break-ground-on-jeddah-islamic-port-logistic-park","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/dp-world-mawani-break-ground-on-jeddah-islamic-port-logistic-park\/","title":{"rendered":"DP World + Mawani break ground on Jeddah Islamic Port logistic park"},"content":{"rendered":"<section id=\"78791\" 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=\"78791\">\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\/27\/today-dp-world-mawani-break-ground-on-jeddah-islamic-port-logistic-park\/\">\r\n                            TODAY: DP World + Mawani break ground on Jeddah Islamic Port logistic park                        <\/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\/27\/today-dp-world-mawani-break-ground-on-jeddah-islamic-port-logistic-park\/\" 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\/27\/today-dp-world-mawani-break-ground-on-jeddah-islamic-port-logistic-park\/')\">\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\/27\/today-dp-world-mawani-break-ground-on-jeddah-islamic-port-logistic-park\/\">\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=TODAY: DP World + Mawani break ground on Jeddah Islamic Port logistic park&url=https:\/\/enterpriseam.com\/logistics\/2024\/05\/27\/today-dp-world-mawani-break-ground-on-jeddah-islamic-port-logistic-park\/\">\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\/27\/today-dp-world-mawani-break-ground-on-jeddah-islamic-port-logistic-park\/&title=TODAY: DP World + Mawani break ground on Jeddah Islamic Port logistic park\">\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=TODAY%3A+DP+World+%2B+Mawani+break+ground+on+Jeddah+Islamic+Port+logistic+park+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F05%2F27%2Ftoday-dp-world-mawani-break-ground-on-jeddah-islamic-port-logistic-park%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\/27\/today-dp-world-mawani-break-ground-on-jeddah-islamic-port-logistic-park\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1171.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78792\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/27\/today-dp-world-mawani-break-ground-on-jeddah-islamic-port-logistic-park\/1171-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1171.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1171.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1171.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1171.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78791\" class=\"content-area-description single-story post-78791 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-egypt tag-saudi-arabia 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\/.fede83e9-ed86-488c-bd53-05f74615244b.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, friends. <\/strong>It\u2019s another busy start to the week in the regional logistics realm with updates in the shipping, aviation and storage subsectors, but first, let\u2019s kick in on the G7\u2026<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG LOGISTICS STORY <\/strong><strong>ABROAD- <\/strong><strong>Is the G7 angling for a trade war with China? <\/strong>Finance ministers meeting in Italy yesterday warned that they are upset with the role China is playing in global business \u2014 and could move to take action. The move comes as both the US and EU look to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/88ded6fb-4065-4a0d-a93d-a64a350fc7bc\/us-imports-from-chinese-reliant-vietnam-hike-amidst-tariffs-war\" style=\"\" rel=\"noopener\">apply more assertive policies<\/a> regarding their trade with China, with Le Marire stressing that the group definitely seeks to \u201cavoid any kind of trade war.\u201d <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In their words: <\/strong>\u201cWhile reaffirming our interest in a balanced and reciprocal collaboration, we express concerns about China\u2019s comprehensive use of non-market policies and practices that undermines our workers, industries, and economic resilience. We will continue to monitor the potential negative impacts of overcapacity and will consider taking steps to ensure a level playing field,\u201d a joint statement read.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The story grabbed ink in the int\u2019l press over the weekend: <\/strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/g7-finance-summit-kicks-off-seeking-unity-ukraine-china-2024-05-24\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/g7-stresa-yellen-ukraine-aid-a29d634b3a9c466ccecb70c39f3c042d\" style=\"\" rel=\"noopener\">AP<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-05-25\/china-slammed-in-g-7-show-of-unity-threatening-trade-escalation?srnd=homepage-middle-east&sref=mmeFTDW1\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/0657aa18-24a6-4588-a6bf-746660b9ed4f\" style=\"\" rel=\"noopener\">The Financial Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2024\/05\/25\/business\/economy\/g7-ukraine-russia-assets-china.html\" style=\"\" rel=\"noopener\">The New York Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.washingtonpost.com\/business\/2024\/05\/24\/g7-stresa-yellen-ukraine-aid\/b4c74bba-19aa-11ef-97db-d9db0c732407_story.html\" style=\"\" rel=\"noopener\">The Washington Post<\/a> | <a target=\"_blank\" href=\"https:\/\/www.lemonde.fr\/en\/international\/article\/2024\/05\/25\/g7-cites-progress-but-no-deal-on-russian-assets-for-ukraine_6672630_4.html\" style=\"\" rel=\"noopener\">Le Monde<\/a> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> ** You may be receiving today's issue a bit late <\/strong>as our current email service provider has decided to have issues this morning. Sorry for the inconvenience, folks.<\/p>\n<p class=\"tag-border-left\">WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt1\"><\/a>Bahri, Gasco break off plans for logistics JV: <\/strong>Saudinational shipping company Bahri and theNational Gas and Industrialization Co (Gasco) terminated an MoU aimed at setting up a joint venture focused on logistics and land transportation, they said in separate disclosures to Tadawul (<a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/!ut\/p\/z1\/04_Sj9CPykssy0xPLMnMz0vMAfIjo8ziTR3NDIw8LAz83d2MXA0C3SydAl1c3Q0NvE30w1EVGAQHmAIVBPga-xgEGbgbmOlHEaPfAAdwNCCsPwqvEndzdAVYnAhWgMcNXvpR6Tn5SZDwyCgpKbBSNVA1KElMSSwvzVEFujE5P7cgMa8yuDI3KR-oyMTA2EA_ODVPvyA3NMIgMyA3XNdREQDQhc4Z\/dz\/d5\/L0lDU0NTQ2xDbENRb0tVUW9LVVFvZ3BSQ2lDbEVpUSEhL1lGVUVBQUFJSUVNQ0lFQUtJS0dJR0lPQkpCSk9CRk5GTk9GRERMRExISUVFRFBQQXZBblBNSW9FTUEhIS80SkNpaksyTVhIRUlKU1pDa21vcHlGTk5Relc3V1d6bXA1cmRyTFlMVVVxcU1VQSEvWjdfNUE2MDJIODBPMEhUQzA2MFNHNlVUODFEUTYvWjZfNUE2MDJIODBPMEhUQzA2MFNHNlVUODFESTMvdmlldy9ub3JtYWwvQU5OT1VOQ0VNRU5UX05VTUJFUi84MDM4Ni9jb21wYW55U3ltYm9sLzQwMzAvaHR0cDolMCUwdGFkYXd1bCUwL2FubkNhdC8xL2FuSWQvZW4!\/\" style=\"\" rel=\"noopener\">here<\/a> and <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/!ut\/p\/z1\/04_Sj9CPykssy0xPLMnMz0vMAfIjo8ziTR3NDIw8LAz83d2MXA0C3SydAl1c3Q0NvE30w1EVGAQHmAIVBPga-xgEGbgbmOlHEaPfAAdwNCCsPwqvEndzdAVYnAhWgMcNXvpR6Tn5SZDwyCgpKbBSNVA1KElMSSwvzVEFujE5P7cgMa8yuDI3KR-oyMjAwkC_IDc0wiAzIDfcUVERAKdDSmY!\/dz\/d5\/L0lDU0NRa2dwUXBRa0tDbEVLQ2xFS0lLVVFvZ3BSSWshL1lEVUVBQUFJSUVNRUNLSUVBR0lHT0lPSUJKRkpGQkpORE5EQk5MTEhMSFBJRUVMQWdvZ292QXNDQUEhIS80SkNpaksxYkdMamlFRXBNaFNUVVU1Q21tb1pyZHJMWnpVODF1MWxzRnFLVlZHS0EvWjdfNUE2MDJIODBPMEhUQzA2MFNHNlVUODFEUTYvWjZfNUE2MDJIODBPMEhUQzA2MFNHNlVUODFESTMvdmlldy9ub3JtYWwvQU5OT1VOQ0VNRU5UX05VTUJFUi84MDM4MS9jb21wYW55U3ltYm9sLzIwODAvaHR0cDolMCUwdGFkYXd1bCUwL2FubkNhdC8xL2FuSWQvZW4!\/\" style=\"\" rel=\"noopener\">here<\/a>). The joint venture was deemed not feasible for both parties after completing the necessary studies. There was no financial impact from the termination of the MoU, which was <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/!ut\/p\/z1\/lZLRboIwFIafxQsul3OAUeruOs0qRoYMmNAbU5Q4EihkqVvc04-MK3To1rs235__fCcFASkIJT_Kg9Rlo2TV3TNBtg4jaC0oBriIZ0gw4iSJqTn3bNgMAepzguEzCwPLdZC_Ioh_5TFaOxg-rX17hS_IkfwtjyOH3ezPurw7DpgQgQCRn6JTnTcVZBZS7F-YUs1R7Yq6UBoys5tEDMsCNnU7l-Uj91bMpsQ9B35Z1tm4l9v4Aa7pXhW2CETy_YZ0SHrpXVO3Ug3NlyAOVZP3P-NN6_bBQAO13MvPY2V09VKpmdSQmuOAt4fUJUjvoa2TJP2Ki3zqld4dr7e-djI2mXwDJxd_fA!!\/dz\/d5\/L0lHSkovd0RNQU5rQUVnQSEhLzROVkUvZW4!\/\" style=\"\" rel=\"noopener\">signed in October<\/a> last year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Riyadh Air\u2019s certification flights are scheduled for take-off between September and <\/strong><strong>November of this year<\/strong>, as the Public Investment Fund\u2019s flagship carrier seeks to line up an operator\u2019s certificate in preparation for its commercial launch in the summer of 2025, <a target=\"_blank\" href=\"https:\/\/simpleflying.com\/riyadh-air-latest-certification-flights-2024\/\" style=\"\" rel=\"noopener\">Simple Flying<\/a> reports, citing comments made by CEO Tony Douglas. \u201cWe\u2019ll go into service in the summer of next year,\u201d Douglas said. Riyadh Air is set to operate a fleet of Boeing 787s. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What are certification flights? <\/strong>They are a series of test flights designed to evaluate the safety, performance, and functionality of new jets, in addition to their compliance with regulatory standards.They are a prerequisite for obtaining a license from the relevant authorities to commercially operate a fleet. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt2\"><\/a>Deutsche Bahn narrows bidders for DB Schenker to four:<\/strong> German Deutsche Bahn has shortlisted four bidders vying for its logistics subsidiary, DB Schenker, with the shortlisted companies including a financial investor, a strategic investor, a European investor and one from the Middle East, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/autos-transportation\/deutsche-bahn-narrows-list-bidders-schenker-four-source-says-2024-05-24\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing unnamed sources. One or more of the bids exceed the EUR 15 bn mark, the sources added, with other bids ranging between EUR 13-14 bn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Abu Dhabi Investment Authority (Adia) <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/12f996af-688c-4eae-a397-a04ea638ba05\" style=\"\" rel=\"noopener\">has<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/12f996af-688c-4eae-a397-a04ea638ba05\" style=\"\" rel=\"noopener\">reportedly been tapped<\/a> by global investment manager CVC to join its consortium to bid for the company. It is also in talks with Singapore's GIC.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Deutsche Bahn is expected to make a decision by the end of the year<\/strong>, with the transaction expected to close sometime next year, the sources added. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Adia is not the only Middle East bidder, <\/strong>with the Abu Dhabi sovereign wealth fund ADQ and Saudi shipping firm Bahri also expressing interest in acquiring DB Schenker. Deutsche Bahn had <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/1fab61ce-ffd6-4d5e-b06b-dcb6ec16efa0\/dhl-macroeconomic-outlook-for-2024-is-bleak-%2B-hd-hyundai-sets-up-maritime-nuclear-energy-watchdog\" style=\"\" rel=\"noopener\">kicked off the sales process<\/a> for its logistics subsidiary late last year. Deutsche Bahn\u2019s offloading of DB Schenker is expected to generate between EUR 12 bn to EUR 15 bn, which the railway operator will apply towards paying down its EUR 30 bn debt and doubling down on its core railway operations. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a><\/strong><strong>Egypt is reportedly investing EGP 8 bn (USD 170 mn) into six strategic warehouses for <\/strong><strong>pharma and med supplies across several governorates<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.asharqbusiness.com\/article\/64175\/%D9%85%D8%B5%D8%B1-%D8%AA%D8%B3%D8%AA%D8%AB%D9%85%D8%B1-8-%D9%85%D9%84%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA-%D8%AC%D9%86%D9%8A%D9%87-%D9%84%D8%A5%D9%86%D8%B4%D8%A7%D8%A1-6-%D9%85%D8%AE%D8%A7%D8%B2%D9%86-%D8%A7%D8%B3%D8%AA%D8%B1%D8%A7%D8%AA%D9%8A%D8%AC%D9%8A%D8%A9-%D9%84%D9%84%D8%A3%D8%AF%D9%88%D9%8A%D8%A9\" style=\"\" rel=\"noopener\">Asharq Business<\/a> reports, citing an unnamed government official. Work on the project is currently underway with delivery expected next year, the official said. Egypt\u2019s government inked a contract with Orascom Weitz last June for the project.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">DISRUPTION WATCH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>S<\/strong><strong>hipping costs are ramping up as businesses line up goods for shipment for the <\/strong><strong>holiday season earlier than usual due to Red Sea disruptions,<\/strong><a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/b94db205-bbcf-4d0d-82f0-53f7b7288759\" style=\"\" rel=\"noopener\">The Financial Times<\/a> reports. Spot rates for shipping a 40ft container from the Far East to northern Europe hit USD 4.3k last week, some three times what rates were at the same time last year, Xeneta tracking data showed. Despite still being lower than highs seen during the start of the Red Sea crisis, freight rates are still unseasonably high. \u201cThe peak season has been brought forward,\u201d Kuehne + Nagel sea logistics head Michael Aldwell told the FT.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Better safe than sorry:<\/strong> Importers have pre-booked shipments as early as April, and are stocking up on summer goods, in a bid to build resilience into their supply chains, Xeneta chief analyst Peter Sand said. These dynamics are a direct consequence of Houthi-led attacks, with no clear indications as of yet of when they will cease, Sand added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ON A RELATED NOTE- <\/strong><strong>\u201cContainer crunch\u201d threatens spike in freight rates:<\/strong>Ocean freight spot rates have jumped 30% over the past weeks as a container capacity crunch worsens impacting supply chains ahead of peak shipping season, <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2024\/05\/23\/a-sudden-container-crunch-is-sending-ocean-freight-rates-soaring.html\" style=\"\" rel=\"noopener\">CNBC<\/a> reported on Thursday. Longer ocean transits due to reroutes away from the Red Sea and bad weather have also buoyed rates. Meanwhile, vessels are skipping ports in order to speed up their journeys, thereby not picking up idle containers and further contributing to container shortages. \u201cFrom the Far East into the US West Coast, it is likely spot rates will surpass the level seen at the height of the Red Sea crisis earlier this year, which demonstrates how dramatic the recent increases have been,\u201d Xeneta analyst Emily Stausb\u00f8ll said. Elevated logistics costs due to higher freight rates may be passed on to customers, leading to a new round of inflation, CNBC warned. <\/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 remained steady ahead of OPEC+ convening next week and news on <\/strong><strong>voluntary output cuts for the rest of the year<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/oil-prices-little-changed-markets-look-opec-meeting-2024-05-27\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. Brent crude futures for July inched up to USD 82.30 a barrel, while US West Texas Intermediate (WTI) ticked up to USD 77.96 a barrel as of 04.09 GMT. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Opec+<\/strong><strong> is expected to extend voluntary oil cuts well into 2H 2024 when it meets next <\/strong><strong>week<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-05-24\/opec-to-hold-next-month-s-meeting-online-rather-than-in-vienna\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported on Friday. The group of oil-producing nations is scheduled to review and decide on output policy during an online meeting on Sunday, 2 June, instead of the usual in-person meeting previously planned on 1 June. They will decide on whether to extend oil-market-balancing production cuts of 2 mn barrels per day into the second half of the year. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>Iran has approved a plan to boost oil output to some 4 mn barre<\/strong><strong>ls per day (bpd), <\/strong>up from 3.6 mn bpd presently, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/iran-plans-raise-oil-output-4-mln-barrels-per-day-tasnim-2024-05-26\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing Tasnim news agency. The policy was approved at an economic council meeting headed by Iran's interim president Mohammad Mokhber. No timeline for the ramp up in production has been disclosed. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong>Iraq\u2019s northern <\/strong><strong>refineries to handle<\/strong><strong> nearly 600k barrels per day<\/strong><strong> (bpd),<\/strong><a target=\"_blank\" href=\"https:\/\/ina.iq\/eng\/32856-the-north-refinery-complex-will-have-a-total-capacity-of-about-600000-barrels-per-day-oil-ministry.html\" style=\"\" rel=\"noopener\">INA<\/a> reported last week, citing a statement by Iraq\u2019s North Refineries Company (NRC). \u201cThe combined refining capacity of the current and added North Refineries Company will be 584 thousand barrels per day, which is an unprecedented refining capacity in the refining sector,\u201d NRC\u2019s Project Manager Atta Aliwi Hussein Al Hamdani said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- <\/strong><strong>Baltic index sees weekly fall: <\/strong>The Baltic Exchange\u2019s dry bulk sea freight index \u2014 which tracks rates for the capesize, panamax, and supramax vessel segments \u2014 edged up 0.06% to 1,797 points on Friday, but fell for its second straight week, decreasing 2.55% w-o-w, <a target=\"_blank\" href=\"https:\/\/www.hellenicshippingnews.com\/baltic-index-logs-weekly-dip-as-capesize-rates-decline-this-week\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Friday. The capesize index ticked up 1.12% to 2,613 points, but noted a weekly decline, while panamax was down by 0.44% to 1,824 points. Meanwhile, the smaller supramax segment shed 19 points at 1,326 points.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">WORTH READING-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Six key trade arteries threaten to upset global trade if disrupted and spike inflation <\/strong><strong>further,<\/strong><a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/features\/2024-05-23\/from-panama-canal-to-the-strait-of-hormuz-6-vital-trade-choke-points-to-know\" style=\"\" rel=\"noopener\">Bloomberg<\/a> writes in a feature-length piece citing an analysis of data from Clarkson Research. Global supply chains for mass consumed commodities leverage economies of scale by concentrating production in certain locations, but this comes with the caveat of making them more susceptible to disruptions. Obstacles to exports and imports \u2014 such as the closure of a key trade choke point \u2014 have the potential to increase inflation even further, Bloomberg writes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Where are the six choke points? <\/strong>The report lists Bab El Mandeb, the Strait of Malacca, the Strait of Hormuz, the Danish Straits, the Turkish Straits, and the Panama Canal as important gateways mediating the passage of large volumes of trade. The sites are vulnerable to different disruptors, including climate change, Houthi-led attacks, and ship collisions, the report said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>T<\/strong><strong>he Strait of Hormuz has been in the news recently:<\/strong> An Iranian closure of the strait could see oil prices double, Bloomberg said. We took a deep dive into trade disruption risks at the Strait of Hormuz <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/e40ec9bf-a665-48cd-a638-1b93beb96026\/disruptions-at-the%253cmark%253e-strait-of-hormuz%253c%2Fmark%253e-could-further-impact-global-trade-and-oil-markets\" style=\"\" rel=\"noopener\">here<\/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 the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.iata.org\/en\/pressroom\/2023-releases\/2023-06-05-03\/\" style=\"\" rel=\"noopener\">IATA Annual General Meeting and World Air Transport Summit<\/a><\/strong><strong> from <\/strong><strong>Sunday, 2 June to Tuesday, 4 June <\/strong>in Dubai. The event will bring together aviation industry players to showcase what can be achieved through supportive government policies and decisions. Airline leaders will make decisions during the event to formalize industry positions and set IATA\u2019s strategic agenda.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Lebanon will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.emmc.me\/overview\/\" style=\"\" rel=\"noopener\">East Med Maritime Conference<\/a><\/strong><strong> on Thursday, 27 June<\/strong> in Beirut. The event will gather industry leaders to discuss the latest developments in shipping, maritime, and offshore industries to discuss industry innovations, alternative fuels, and decarbonizing emissions in the maritime sector and ports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Check out our full calendar<\/strong> at the bottom of this email for a comprehensive listing of upcoming news events and news triggers.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/what-were-tracking-today\/\">WHAT WE\u2019RE TRACKING TODAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"78793\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n                <span class=\"has-primary-color stk-highlight\">This publication is proudly sponsored by<\/span><\/h4>\r\n                \r\n\r\n                \r\n                <div class=\"wp-block-stackable-carousel alignwide stk-block-carousel stk--is-slide stk--infinite-scroll stk--arrows-justify-space-between stk--arrows-align-center stk-block stk-a38cfb2 sponsor-slider-container mb-0\" data-slides-to-show=\"3\" data-block-id=\"a38cfb2\"><style>.stk-a38cfb2 {--slides-to-show:3 !important;}.stk-a38cfb2 .stk-block-carousel__button{background:#00000099 !important;fill:#FFFFFF !important;border-radius:4px !important;}.stk-a38cfb2 .stk-block-carousel__button svg.ugb-custom-icon :is(g, path, rect, polygon, ellipse){fill:#FFFFFF !important;}<\/style>\r\n                <div class=\"stk-block-carousel__content-wrapper\">\r\n                <div class=\"stk-row stk-inner-blocks stk-block-content stk-block-carousel__slider-wrapper stk-content-align stk-a38cfb2-column alignwide\">\r\n                <div class=\"stk-block-carousel__slider\" role=\"list\" data-autoplay=\"4000\" data-label-slide-of=\"Slide %%d of %%d\">\r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-46c5f99\" data-v=\"4\" data-block-id=\"46c5f99\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-46c5f99-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-46c5f99-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/29638.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.hassanallam.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/29594.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Investing in a sustainable future<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-wf53cec\" data-v=\"4\" data-block-id=\"wf53cec\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-wf53cec-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-wf53cec-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/29636.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/transmar.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/29590.png?fit=300%2C300&#038;ssl=1\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Your regional partner<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-7lw3sxb\" data-v=\"4\" data-block-id=\"7lw3sxb\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-7lw3sxb-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-7lw3sxb-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/29641.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.hsbc.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/29586.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Opening up a world of opportunity<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        <\/div><div class=\"stk-block-carousel__buttons\"><button class=\"stk-block-carousel__button stk-block-carousel__button__prev\" aria-label=\"Previous slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" data-icon=\"chevron-left\" class=\"svg-inline--fa fa-chevron-left\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 320 512\" width=\"32\" height=\"32\"><path d=\"M34.52 239.03L228.87 44.69c9.37-9.37 24.57-9.37 33.94 0l22.67 22.67c9.36 9.36 9.37 24.52.04 33.9L131.49 256l154.02 154.75c9.34 9.38 9.32 24.54-.04 33.9l-22.67 22.67c-9.37 9.37-24.57 9.37-33.94 0L34.52 272.97c-9.37-9.37-9.37-24.57 0-33.94z\"><\/path><\/svg><\/button><button class=\"stk-block-carousel__button stk-block-carousel__button__next\" aria-label=\"Next slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" data-icon=\"chevron-right\" class=\"svg-inline--fa fa-chevron-right\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 320 512\" width=\"32\" height=\"32\"><path 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=\"78794\" 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=\"78794\">\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\">STORAGE + WAREHOUSES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/27\/dp-world-mawani-break-ground-on-jeddah-islamic-port-logistic-park\/\">\r\n                            DP World + Mawani break ground on Jeddah Islamic Port logistic park                        <\/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\/27\/dp-world-mawani-break-ground-on-jeddah-islamic-port-logistic-park\/\" 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\/27\/dp-world-mawani-break-ground-on-jeddah-islamic-port-logistic-park\/')\">\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\/27\/dp-world-mawani-break-ground-on-jeddah-islamic-port-logistic-park\/\">\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=DP World + Mawani break ground on Jeddah Islamic Port logistic park&url=https:\/\/enterpriseam.com\/logistics\/2024\/05\/27\/dp-world-mawani-break-ground-on-jeddah-islamic-port-logistic-park\/\">\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\/27\/dp-world-mawani-break-ground-on-jeddah-islamic-port-logistic-park\/&title=DP World + Mawani break ground on Jeddah Islamic Port logistic park\">\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=DP+World+%2B+Mawani+break+ground+on+Jeddah+Islamic+Port+logistic+park+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F05%2F27%2Fdp-world-mawani-break-ground-on-jeddah-islamic-port-logistic-park%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\/27\/dp-world-mawani-break-ground-on-jeddah-islamic-port-logistic-park\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2039.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78795\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/27\/dp-world-mawani-break-ground-on-jeddah-islamic-port-logistic-park\/2039-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2039.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2039.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2039.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2039.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78794\" class=\"content-area-description single-story post-78794 post type-post status-publish format-standard has-post-thumbnail hentry category-storage-warehouses tag-dp-world tag-logistics-park tag-mawani tag-saudi-arabia tag-storage-warehouses 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\/.fba5fc90-b0c1-403e-a20e-7ee0631785cf.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi Ports Authority (Mawani) and Dubai-based<\/strong><strong>DP World broke ground on <\/strong><strong>a SAR 900 mn (USD 250 mn) logistics park at Jeddah Islamic Port<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.ae\/en\/news\/2024\/may\/26-05\/news-articledp-world-and-mawani-break-ground\" style=\"\" rel=\"noopener\">statement<\/a>. The new storage and distribution hub, which is set to boost trade volumes in the Kingdom and the region, is set to open in 2Q 2025. The project will be developed in two phases, according to the statement. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The 415k square meter greenfield development is set to become Saudi\u2019s largest logistics park<\/strong>, featuring 185k square meters of warehousing space and a multipurpose storage yard. It will also include a 20 MW rooftop solar plant. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The logistics park will provide importers and exporters with numerous benefits<\/strong>, such as services linking port operations to last-mile activities, access to bonded and unbonded zones, temperature-controlled storage, import and export consolidation centers, and various other value-added services.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Jeddah Logistics Park is being developed under a 30-year concession worth SAR 500 mn (USD 133.33 mn) granted to DP World by Mawani in 2022<\/strong>, according to an <a target=\"_blank\" href=\"https:\/\/www.dpworld.com\/news\/releases\/dpworld-and-the-saudi-ports-authority-announce-jeddah-logistics-park\/\" style=\"\" rel=\"noopener\">earlier release<\/a>. Mawani and DP World are partnering on another 30-year concession for DP World at the South Container Terminal. These two projects represent a total investment of almost SAR 4 bn (USD 1 bn), according to the statement.<\/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\/dp-world\/\">DP World<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/logistics-park\/\">logistics park<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/mawani\/\">Mawani<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/storage-warehouses\/\">STORAGE + WAREHOUSES<\/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=\"78796\" 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=\"78796\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">M&amp;A Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/27\/adnoc-mulls-bid-for-shells-downstream-assets-in-south-africa\/\">\r\n                            Adnoc mulls bid for Shell\u2019s downstream assets in South Africa                        <\/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\/27\/adnoc-mulls-bid-for-shells-downstream-assets-in-south-africa\/\" 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\/27\/adnoc-mulls-bid-for-shells-downstream-assets-in-south-africa\/')\">\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\/27\/adnoc-mulls-bid-for-shells-downstream-assets-in-south-africa\/\">\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 mulls bid for Shell\u2019s downstream assets in South Africa&url=https:\/\/enterpriseam.com\/logistics\/2024\/05\/27\/adnoc-mulls-bid-for-shells-downstream-assets-in-south-africa\/\">\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\/27\/adnoc-mulls-bid-for-shells-downstream-assets-in-south-africa\/&title=Adnoc mulls bid for Shell\u2019s downstream assets in South Africa\">\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+mulls+bid+for+Shell%E2%80%99s+downstream+assets+in+South+Africa+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F05%2F27%2Fadnoc-mulls-bid-for-shells-downstream-assets-in-south-africa%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\/27\/adnoc-mulls-bid-for-shells-downstream-assets-in-south-africa\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2072.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78797\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/27\/adnoc-mulls-bid-for-shells-downstream-assets-in-south-africa\/2072-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2072.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2072.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2072.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2072.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78796\" class=\"content-area-description single-story post-78796 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch-2 tag-ma-watch tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/5\/.371097fb-4a2a-4cd6-9e6a-bee427aeedae.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Abu Dhabi National Oil Company (Adnoc) is reportedly eyeing Shell\u2019s <\/strong><strong>downstream assets in South Africa,<\/strong><a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-05-24\/adnoc-aramco-said-to-mull-bids-for-shell-south-africa-assets?utm_source=google&utm_medium=bd&cmpId=google\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported on Friday, citing unnamed sources familiar with the matter. The potential sale, which could be priced at USD 800 mn, would be the latest step in Shell\u2019s ongoing divestment from South Africa, following the sale of the country\u2019s largest oil refinery in 2022. Talks are ongoing with \u201cseveral highly credible parties,\u201d Bloomberg quotes Shell\u2019s spokesperson as saying.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s on the table:<\/strong> The sale would include the company\u2019s aviation, marine, construction and road, trading and supply, commercial fuels, and lubricant operations, Shell had <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/shell-exit-south-africas-downstream-businesses-2024-05-06\/\" style=\"\" rel=\"noopener\">confirmed<\/a> earlier this month. Shell owns a network of 600 stations across the country.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Other potential bidders reportedly include Saudi Aramco, <\/strong>South Africa\u2019s chemicals and energy player Sasol, Switzerland-based Puma Energy, and Swiss company Glencore.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- The oil giant has been making acquisitions to expand its LNG business and diversify operations. <\/strong>Adnoc made its first investment in the US <a target=\"_blank\" rel=\"noopener\">last week<\/a> with the acquisition of a minority stake in a USD 18 bn Texas LNG project. It also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/338dd02a-506c-4dc0-b525-18a065a6f7fa\/adnoc-acquires-10%2525-of%253cmark%253e-mozambique%253c%2Fmark%253e-lng-project\" style=\"\" rel=\"noopener\">acquired<\/a> a 10% stake in a concession in Mozambique. The firm is also mulling <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/bcadac82-4d60-45bb-8908-ab7deb30dc3f\/plenty-of-help-from-the-gov%25e2%2580%2599t-for-the-aftermath-of-the-storm#:~:text=%232%2D%20Adnoc%20eyes,beyond%20crude%20oil.\" style=\"\" rel=\"noopener\">a stake acquisition in AmeriGas<\/a>, the propane distribution unit of US utility holding company UGI Corp, through its subsidiary Adnoc Distribution, as part of plans to diversify away from oil.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/ma-watch\/\">M&amp;A WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"78798 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"78798\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/27\/78798\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78798\" class=\"content-area-description single-story post-78798 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/yanmuparks.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/425.jpg?ssl=1\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"78799\" 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=\"78799\">\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 Handling<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/27\/dhl-inaugurates-airport-gateway-and-services-centre-at-abu-dhabi\/\">\r\n                            DHL inaugurates Airport Gateway and Services Centre at Abu Dhabi                        <\/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\/27\/dhl-inaugurates-airport-gateway-and-services-centre-at-abu-dhabi\/\" 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\/27\/dhl-inaugurates-airport-gateway-and-services-centre-at-abu-dhabi\/')\">\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\/27\/dhl-inaugurates-airport-gateway-and-services-centre-at-abu-dhabi\/\">\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=DHL inaugurates Airport Gateway and Services Centre at Abu Dhabi&url=https:\/\/enterpriseam.com\/logistics\/2024\/05\/27\/dhl-inaugurates-airport-gateway-and-services-centre-at-abu-dhabi\/\">\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\/27\/dhl-inaugurates-airport-gateway-and-services-centre-at-abu-dhabi\/&title=DHL inaugurates Airport Gateway and Services Centre at Abu Dhabi\">\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=DHL+inaugurates+Airport+Gateway+and+Services+Centre+at+Abu+Dhabi+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F05%2F27%2Fdhl-inaugurates-airport-gateway-and-services-centre-at-abu-dhabi%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\/27\/dhl-inaugurates-airport-gateway-and-services-centre-at-abu-dhabi\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2019.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78800\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/27\/dhl-inaugurates-airport-gateway-and-services-centre-at-abu-dhabi\/2019-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2019.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2019.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2019.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2019.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78799\" class=\"content-area-description single-story post-78799 post type-post status-publish format-standard has-post-thumbnail hentry category-logistics-handling tag-dhl tag-logistics-handling tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/5\/.a1fa53ee-b516-48a3-a2ad-46c51ca44ff4.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DHL Express has inaugurated its Airport Gateway and Service Centre at Abu Dhabi\u2019s <\/strong><strong>Zayed International Airport (AUH)<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.tradearabia.com\/news\/IND_422406.html\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. The gateway and service center situated in the Future Cargo Area of AUH was built over a span of 15 years and at a USD 48.3 mn investment. The facility will serve as the primary warehouse for DHL\u2019s Middle East Road Network, facilitating bonded cross-dock truck operations connecting the UAE with the GCC and the Levant.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What will the facility provide? <\/strong>The facility features a multi-logistics fulfillment and storage center and streamline trade logistics and regional distribution, the statement notes. It includes a combined import and export gateway with advanced X-ray screening, bonded storage, and a dedicated pick-up and delivery (PUD) service center utilizing an automated bi-directional conveyor system for sorting and distribution. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In numbers:<\/strong> The hub has a total area of 20k sqm and a built-up area of 10.8k sqm with room for a 150% expansion, the statement notes. It will serve a capacity of 3.6k inbound, outbound, and transit shipments per hour. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Going green: <\/strong>The facility is equipped with a rooftop solar panel generating 1.2kWp of green energy with eight EV charging stations and room for future internal EV charging infrastructure to be added, the statement notes.<\/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\/dhl\/\">DHL<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/logistics-handling\/\">LOGISTICS HANDLING<\/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=\"78801\" 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=\"78801\">\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\">Aviation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/27\/chinese-aircraft-maker-comac-sets-sights-on-entering-the-saudi-market\/\">\r\n                            Chinese aircraft maker Comac sets sights on entering the Saudi market                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn 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\/27\/chinese-aircraft-maker-comac-sets-sights-on-entering-the-saudi-market\/\" 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\/27\/chinese-aircraft-maker-comac-sets-sights-on-entering-the-saudi-market\/')\">\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\/27\/chinese-aircraft-maker-comac-sets-sights-on-entering-the-saudi-market\/\">\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=Chinese aircraft maker Comac sets sights on entering the Saudi market&url=https:\/\/enterpriseam.com\/logistics\/2024\/05\/27\/chinese-aircraft-maker-comac-sets-sights-on-entering-the-saudi-market\/\">\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\/27\/chinese-aircraft-maker-comac-sets-sights-on-entering-the-saudi-market\/&title=Chinese aircraft maker Comac sets sights on entering the Saudi market\">\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=Chinese+aircraft+maker+Comac+sets+sights+on+entering+the+Saudi+market+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F05%2F27%2Fchinese-aircraft-maker-comac-sets-sights-on-entering-the-saudi-market%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\/27\/chinese-aircraft-maker-comac-sets-sights-on-entering-the-saudi-market\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2009.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78802\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/27\/chinese-aircraft-maker-comac-sets-sights-on-entering-the-saudi-market\/2009-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2009.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2009.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2009.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2009.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78801\" class=\"content-area-description single-story post-78801 post type-post status-publish format-standard has-post-thumbnail hentry category-aviation tag-aviation tag-saudi-arabia wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/5\/.2cf1cf97-95bc-4cab-919a-d8a8f6b53430.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Chinese state-owned planemaker Comac is setting its sights on entering the Saudi market in a bid to <\/strong><strong>compete with Western manufacturers<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/aerospace-defense\/china-planemaker-comac-eyes-saudi-arabia-global-expansion-2024-05-23\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Thursday, citing statements by its chairman Dongfeng He. \u201cComac envisions enhancing global connectivity and diversity by contributing to Saudi Arabia's aviation transportation development,\u201d He said last week during an aviation forum in Riyadh. He said two of the group\u2019s operational planes \u2014 the C919 and ARJ21 regional jet \u2014 could boost Saudi\u2019s flight market both domestically and regionally. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Filling the gap?<\/strong>A series of safety failures by Boeing have <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/29b1b9d7-0233-4e29-96c5-b1dfe78c1471\" style=\"\" rel=\"noopener\">made Comac more competitive<\/a> in the Asian jetliner market where budget carriers are ramping up orders. Airline executives have recognized that Comac <a target=\"_blank\" href=\"https:\/\/fortune.com\/europe\/2024\/04\/08\/airbus-boeing-duopoly-commercial-aircrafts-future-china-comac\/\" style=\"\" rel=\"noopener\">shows promise<\/a> as a challenger that can unseat the traditional Boeing-Airbus duopoly, with aviation consultancy IBA foreseeing that the Chinese planemaker could potentially snap up 1% of the global narrow-body aircraft market by 2030. However, challenges abide in terms of the certification of Comac aircraft with US and European regulators and obstacles to scaling production, the report also noted. Comac\u2019s aircraft costs at least a quarter less than their European and US counterparts. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A hurdle along the way:<\/strong> Aviation sources told Reuters that Comac still has a long way to go before it can credibly expand overseas due to the lack of key certifications from the US or European Union and the need for more efficient planes. The US added the Chinese manufacturer in 2021 to its list of companies affiliated to the Chinese military, banning any investments by American firms in it.<\/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\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"78803 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=\"78803\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/27\/78803\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78803\" class=\"content-area-description single-story post-78803 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=\"78804\" 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=\"78804\">\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\">Startup Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/27\/oneorder-closes-usd-16-mn-series-a-round-as-it-lines-up-gcc-expansion\/\">\r\n                            OneOrder closes USD 16 mn series A round as it lines up GCC expansion                        <\/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\/27\/oneorder-closes-usd-16-mn-series-a-round-as-it-lines-up-gcc-expansion\/\" 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\/27\/oneorder-closes-usd-16-mn-series-a-round-as-it-lines-up-gcc-expansion\/')\">\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\/27\/oneorder-closes-usd-16-mn-series-a-round-as-it-lines-up-gcc-expansion\/\">\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=OneOrder closes USD 16 mn series A round as it lines up GCC expansion&url=https:\/\/enterpriseam.com\/logistics\/2024\/05\/27\/oneorder-closes-usd-16-mn-series-a-round-as-it-lines-up-gcc-expansion\/\">\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\/27\/oneorder-closes-usd-16-mn-series-a-round-as-it-lines-up-gcc-expansion\/&title=OneOrder closes USD 16 mn series A round as it lines up GCC expansion\">\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=OneOrder+closes+USD+16+mn+series+A+round+as+it+lines+up+GCC+expansion+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F05%2F27%2Foneorder-closes-usd-16-mn-series-a-round-as-it-lines-up-gcc-expansion%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\/27\/oneorder-closes-usd-16-mn-series-a-round-as-it-lines-up-gcc-expansion\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2128.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78805\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/27\/oneorder-closes-usd-16-mn-series-a-round-as-it-lines-up-gcc-expansion\/2128-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2128.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2128.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2128.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2128.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78804\" class=\"content-area-description single-story post-78804 post type-post status-publish format-standard has-post-thumbnail hentry category-startup-watch tag-egypt tag-startup-watch 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\/.dc7eb342-6671-4217-a2a5-a56f868cb4c0.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Egypt-based tech supply chain solutions startup <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.oneorder.net\/\" style=\"\" rel=\"noopener\">OneOrder<\/a><\/strong><strong> closed a USD 16 mn <\/strong><strong>Series A round with a mix of debt and equity last week<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/5\/1911.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/a>. The Series A funding round was headed by <a target=\"_blank\" href=\"https:\/\/www.dhventures.vc\/\" style=\"\" rel=\"noopener\">Delivery Hero Ventures<\/a> and saw participation from tech growth fund <a target=\"_blank\" href=\"https:\/\/www.norrsken22.com\/\" style=\"\" rel=\"noopener\">Norrsken22<\/a> and Egypt-based investors <a target=\"_blank\" href=\"https:\/\/nclude.com\/\" style=\"\" rel=\"noopener\">Nclude<\/a> and <a target=\"_blank\" href=\"https:\/\/www.a15.com\/\" style=\"\" rel=\"noopener\">A15<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The latest funding drive comes on the heels of a USD 3 mn seed round in December <\/strong><strong>2022,<\/strong> and a USD 1 mn pre-seed round in February 2022, the statement notes. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Where will the raised funds go?<\/strong>The raised amount will go towards powering OneOrder\u2019s expansion into the GCC region, beginning with the UAE, in autumn of this year. In parallel with its expansion, the outfit will also look to improve its platform and to develop financing solutions including cards. OneOrder also looks to recruit from the AI sector to further develop its AI-based solutions for its app, the statement said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About OneOrder:<\/strong> The web-based platform and mobile application OneOrder was launched in 2021 by co-founders CEO Tamer Amer (<a target=\"_blank\" href=\"https:\/\/eg.linkedin.com\/in\/tamer-amer-529668210\" style=\"\" rel=\"noopener\">LinkedIn<\/a>) and CTO Karim Maurice (<a target=\"_blank\" href=\"https:\/\/eg.linkedin.com\/in\/karim-maurice-a10896113\" style=\"\" rel=\"noopener\">LinkedIn<\/a>). OneOrder works to streamline the order and delivery supply chain processes in Egypt\u2019s hotel, restaurant, and catering sector \u2013 working with over 1.37k customers \u2013 by storing an array of products in strategically located warehouses. The startup offers personalized virtual warehouses on its platform, providing access to over 700 stock-keeping units. It also leverages comprehensive data and analytics to manage operations and embedded financing to boost customer growth.<\/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\/startup-watch\/\">STARTUP WATCH<\/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=\"78806\" 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=\"78806\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/27\/uae-to-invest-usd-10-bn-in-pakistans-trade-and-development-plus-trade-and-transport-news-from-oman-qatar-and-egypt\/\">\r\n                            UAE to invest USD 10 bn in Pakistan\u2019s trade and development PLUS: Trade and transport news from Oman, Qatar, and Egypt                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/27\/uae-to-invest-usd-10-bn-in-pakistans-trade-and-development-plus-trade-and-transport-news-from-oman-qatar-and-egypt\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/logistics\/2024\/05\/27\/uae-to-invest-usd-10-bn-in-pakistans-trade-and-development-plus-trade-and-transport-news-from-oman-qatar-and-egypt\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/logistics\/2024\/05\/27\/uae-to-invest-usd-10-bn-in-pakistans-trade-and-development-plus-trade-and-transport-news-from-oman-qatar-and-egypt\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=UAE to invest USD 10 bn in Pakistan\u2019s trade and development PLUS: Trade and transport news from Oman, Qatar, and Egypt&url=https:\/\/enterpriseam.com\/logistics\/2024\/05\/27\/uae-to-invest-usd-10-bn-in-pakistans-trade-and-development-plus-trade-and-transport-news-from-oman-qatar-and-egypt\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/logistics\/2024\/05\/27\/uae-to-invest-usd-10-bn-in-pakistans-trade-and-development-plus-trade-and-transport-news-from-oman-qatar-and-egypt\/&title=UAE to invest USD 10 bn in Pakistan\u2019s trade and development PLUS: Trade and transport news from Oman, Qatar, and Egypt\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=UAE+to+invest+USD+10+bn+in+Pakistan%E2%80%99s+trade+and+development+PLUS%3A+Trade+and+transport+news+from+Oman%2C+Qatar%2C+and+Egypt+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F05%2F27%2Fuae-to-invest-usd-10-bn-in-pakistans-trade-and-development-plus-trade-and-transport-news-from-oman-qatar-and-egypt%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/27\/uae-to-invest-usd-10-bn-in-pakistans-trade-and-development-plus-trade-and-transport-news-from-oman-qatar-and-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1939.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78807\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/27\/uae-to-invest-usd-10-bn-in-pakistans-trade-and-development-plus-trade-and-transport-news-from-oman-qatar-and-egypt\/1939-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1939.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1939.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1939.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1939.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78806\" class=\"content-area-description single-story post-78806 post type-post status-publish format-standard has-post-thumbnail hentry category-diplomacy tag-diplomacy tag-egypt tag-jordan tag-oman tag-qatar tag-trade tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/5\/.a31a0b46-2370-4caf-b848-a1d4389bb429.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE has earmarked USD 10 bn for investments in Pakistan\u2019s \u201cpromising economic <\/strong><strong>sectors,\u201d<\/strong> according to a <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/economy\/uae-allocates-10-billion-for-investment-in-promising-economic-sectors-in-pakistan\/\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. The two countries will explore potential investment and cooperation in economy, trade, and development, <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b3aq6kb-uae-president-prime-minister-pakistan-discuss\" style=\"\" rel=\"noopener\">Wam<\/a> reported after a meeting between President Mohamed bin Zayed Al Nahyan and Pakistan\u2019s Prime Minister Muhammad Shehbaz Sharif.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Expanding an existing friendship: <\/strong>The UAE and Pakistan <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/b1929143-7ee1-4fe4-8eef-66cd7dea1384\/%253cmark%253epakistan%253c%2Fmark%253e-and-dubai-ink-framework-agreements-to-cooperate-on-rail-and-a-new-economic-zone\" style=\"\" rel=\"noopener\">inked two investment framework<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/b1929143-7ee1-4fe4-8eef-66cd7dea1384\/%253cmark%253epakistan%253c%2Fmark%253e-and-dubai-ink-framework-agreements-to-cooperate-on-rail-and-a-new-economic-zone\" style=\"\" rel=\"noopener\">agreements<\/a> in January to cooperate on railways, economic zones, and improve infrastructure in Pakistan. The UAE\u2019s DP World has signed an MoU with Pakistan\u2019s VC firm <a target=\"_blank\" href=\"https:\/\/x.com\/Gohar_Ejaz1\/status\/1747538120231338288?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1747538120231338288%7Ctwgr%5Eb8ac8d868bb48dd75b3a1a172ceb2f42ca2f0d3a%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.brecorder.com%2Fnews%2F40284226\" style=\"\" rel=\"noopener\">JW Holdings<\/a> to develop trade and infrastructure logistics in Pakistan. The two countries also signed an <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/f5e8703b-3351-4325-ac33-25da9e0b6865\" style=\"\" rel=\"noopener\">array of MoUs<\/a> last November for investments in logistics and port operations.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Oman + Jordan are looking to establish a direct shipping line:<\/strong>Oman and Jordan inked an MoU for investment across several sectors on Thursday, <a target=\"_blank\" href=\"https:\/\/omannews.gov.om\/topics\/en\/80\/show\/117130\/ona\" style=\"\" rel=\"noopener\">ONA<\/a> reports. The agreement looks to boost bilateral investments in the logistics, information and communications technology (ICT), food, energy, mining, and other sectors. Both countries are also weighing plans to establish a direct shipping line connecting Jordan\u2019s Aqaba Port with ports in Oman, Oman Investment Authority (OIA) Chairman Abdulsalman Mohammed Al Murshidi said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN OTHER OMAN NEWS- <\/strong><strong>Oman joins International Transport Forum<\/strong><strong>: <\/strong>Oman joined the <a target=\"_blank\" href=\"https:\/\/www.itf-oecd.org\/\" style=\"\" rel=\"noopener\">International Transport<\/a><a target=\"_blank\" href=\"https:\/\/www.itf-oecd.org\/\" style=\"\" rel=\"noopener\">Forum<\/a> on the sidelines of the forum in Leipzig, Germany last week, <a target=\"_blank\" href=\"https:\/\/www.omannews.gov.om\/topics\/ar\/3\/show\/433829\/ona\" style=\"\" rel=\"noopener\">ONA<\/a> reported. The forum, founded in 2006, acts as a think tank for transport policy and has a mandate for all modes of transportation, with 66 participating member countries, according to the news outlet. Oman is looking to boost its transportation sector at the international and local levels.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Qatar + Trinidad and Tobago ink air services agreement:<\/strong>Qatar has signed an air services agreement with Trinidad and Tobago that allows airlines from both countries to operate unlimited cargo and passenger flights between them, a <a target=\"_blank\" href=\"https:\/\/www.mot.gov.qa\/en\/news\/qatar-trinidad-and-tobago-sign-air-services-agreement\" style=\"\" rel=\"noopener\">statement<\/a> said on Thursday. The move is part of the Qatari national carrier\u2019s plans to expand its destinations around the world.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND IN TRADE NEWS-<\/strong><strong>Qatar + Australia look to strengthen trade:<\/strong>The Qatar Chamber has inked an MoU with the Australian Chamber of Commerce and Industry (ACCI) to pursue prospects for trade and investment and to swap business and trade data, <a target=\"_blank\" href=\"https:\/\/www.qna.org.qa\/en\/News-Area\/News\/2024-05\/26\/0030-qatar,-australia-chambers-sign-mou-to-strengthen-cooperation\" style=\"\" rel=\"noopener\">QNA<\/a> reported. \u201cTwo-way goods and services trade reached approximately USD 2.4 billion in 2022-23 with trade in services growing more than 60 percent in the most recent financial year. This agreement will encourage more Australian and Qatari companies to explore opportunities and further strengthen our links,\u201d Australia\u2019s ambassador to Qatar Shane Flanagan said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Spain to play a larger role in Egypt\u2019s railway system:<\/strong> Egypt\u2019s Transport Minister Kamel El Wazir met with his Spanish counterpart Oscar Puente last week and agreed to form a working group to explore Spain's state-owned railway company Renfe managing and operating trains in Egypt, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0RCPHRG73LAQhECz8s1koTrexrzQTVMzeVpoz6ayhrjy5MJcZrGiEkohay8qYZD8Ql\" style=\"\" rel=\"noopener\">statement<\/a> from the Transport Ministry. The two ministers also discussed plans to further localize the production of trains in Egypt by expanding the operations of Spanish firms in Egypt.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/jordan\/\">Jordan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/qatar\/\">Qatar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"78808\" 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=\"78808\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Also on Our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/27\/qfz-qatar-post-partner-on-postal-services-iran-expands-domestic-railway-network-boeing-certifies-shimco-operations-in-morocco\/\">\r\n                            QFZ + Qatar Post partner on postal services, Iran expands domestic railway network, Boeing certifies Shimco operations in Morocco                        <\/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\/27\/qfz-qatar-post-partner-on-postal-services-iran-expands-domestic-railway-network-boeing-certifies-shimco-operations-in-morocco\/\" 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\/27\/qfz-qatar-post-partner-on-postal-services-iran-expands-domestic-railway-network-boeing-certifies-shimco-operations-in-morocco\/')\">\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\/27\/qfz-qatar-post-partner-on-postal-services-iran-expands-domestic-railway-network-boeing-certifies-shimco-operations-in-morocco\/\">\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=QFZ + Qatar Post partner on postal services, Iran expands domestic railway network, Boeing certifies Shimco operations in Morocco&url=https:\/\/enterpriseam.com\/logistics\/2024\/05\/27\/qfz-qatar-post-partner-on-postal-services-iran-expands-domestic-railway-network-boeing-certifies-shimco-operations-in-morocco\/\">\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\/27\/qfz-qatar-post-partner-on-postal-services-iran-expands-domestic-railway-network-boeing-certifies-shimco-operations-in-morocco\/&title=QFZ + Qatar Post partner on postal services, Iran expands domestic railway network, Boeing certifies Shimco operations in Morocco\">\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=QFZ+%2B+Qatar+Post+partner+on+postal+services%2C+Iran+expands+domestic+railway+network%2C+Boeing+certifies+Shimco+operations+in+Morocco+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F05%2F27%2Fqfz-qatar-post-partner-on-postal-services-iran-expands-domestic-railway-network-boeing-certifies-shimco-operations-in-morocco%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\/27\/qfz-qatar-post-partner-on-postal-services-iran-expands-domestic-railway-network-boeing-certifies-shimco-operations-in-morocco\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2130.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78809\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/27\/qfz-qatar-post-partner-on-postal-services-iran-expands-domestic-railway-network-boeing-certifies-shimco-operations-in-morocco\/2130-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2130.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2130.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2130.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2130.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78808\" class=\"content-area-description single-story post-78808 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-boeing tag-iran tag-morocco tag-qatar 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\/.97708175-4852-4912-a513-19c81dec03f8.mp3\"><\/audio><\/figure>\n<p class=\"tag-border-left\">ZONES-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>QFZ + Qatar Post join forces:<\/strong>The Qatar Freezones Authority (QFZ) has inked an MoUwith Qatar Post to provide a comprehensive suite of postal services to companies and investors in Qatar\u2019s freezones, according to a <a target=\"_blank\" href=\"https:\/\/qfz.gov.qa\/qatar-post-to-provide-postal-services-solutions-to-support-investors-at-qfz\/\" style=\"\" rel=\"noopener\">statement<\/a> released last week. The agreement aims to lay the groundwork for Qatar Post to provide postal services including mail collection, PO box services, international shipping, and shop and ship services.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">TRADE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Emirati <\/strong><strong>and Indian officials met to discuss the<\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/acf684f5-67a7-4853-8f18-f128d27f5f68\" style=\"\" rel=\"noopener\">India-Middle East Europe Economic<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/acf684f5-67a7-4853-8f18-f128d27f5f68\" style=\"\" rel=\"noopener\">Corridor (IMEC) project<\/a><\/strong><strong> last week<\/strong><strong>,<\/strong> in support of an <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/acf684f5-67a7-4853-8f18-f128d27f5f68\" style=\"\" rel=\"noopener\">intergovernmental framework agreement<\/a> inked by the pair in February, <a target=\"_blank\" href=\"https:\/\/www.middleeastbriefing.com\/news\/india-uae-imeeec-inaugural-talks-may-2024\/\" style=\"\" rel=\"noopener\">Middle East Briefing<\/a> reported last week. Several stakeholders in the project, including DP World, AD Ports Group and UAE\u2019s Federal Customs Authority were involved in discussions. The group looked at ways to foster cooperation between the mutual customs authorities, and touched on ways to streamline supply reroutes and enhanced trade.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Rising tensions in the Middle East due to Israel's war on Gaza are threatening to halt the US-led India-Middle East-Europe Economic Corridor (IMEC) \u2014 poised to link India to Europe via the GCC and Israel. Violence in the region \u201chas diverted attention away from discussions on IMEC,\u201d a source in the know said <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/d0a63cf1-1c17-4cf6-9ae5-c7eb12e16a1d\/continued-red-sea-disruptions-put-company-earnings-at-risk-as-diversions-tack-on-increased-costs\" style=\"\" rel=\"noopener\">in January<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">AVIATION-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Boeing certification secured for Shimco operations in Morocco<\/strong><strong>:<\/strong> Boeing has granted its BMS7-335 certification for Canada-based aerospace parts subcontractor Shimco to manufacture laminated metal and composite specifications in Morocco, <a target=\"_blank\" href=\"https:\/\/www.moroccoworldnews.com\/2024\/05\/362804\/shimco-secures-coveted-boeing-certificate-to-supply-parts-from-morocco\" style=\"\" rel=\"noopener\">Morocco World News<\/a> reported last week, citing a statement. Shimco, which had been looking to obtain the certification since 2021, has now joined Boeing\u2019s Qualified Product List and will supply directly to the firm. Morocco's Midparc aviation cluster inked an agreement <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/acb394df-4c98-4aa7-b06a-4ded4eea003b\" style=\"\" rel=\"noopener\">in March<\/a> with Shimco to establish a 1.3k sqm facility at the Nouaceur freezone.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">DATA CENTERS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE-based Damac\u2019s digital arm <\/strong><strong>Edgnex<\/strong><strong> will set up a 15 MW data center in Jakarta, <\/strong><strong>Indonesia<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.damacgroup.com\/en\/article\/edgnex-data-centres-by-damac-announces-a-15-mw-data-centre-investment-in-indonesia\/\" style=\"\" rel=\"noopener\">statement<\/a> released last week. The first phase of the data center will be completed in 4Q 2025 and no investment ticket has been disclosed. The hub will have dual road access and enhanced fiber connectivity to ensure service reliability and performance. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Edgnex is doubling down on investments: <\/strong>The company recently partnered up with Vodafone Turkey in a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/b2cbfaf0-e2a2-4dd9-94e9-d8b4e11da6bc\/%253cmark%253eedgnex%253c%2Fmark%253e-%2B-vodafone-turkey-to-develop-usd-100-mn-data-center-in-izmir\" style=\"\" rel=\"noopener\">USD 100 mn<\/a> investment to launch a 6 MW data center in Izmir, Turkey. It is also pouring <a target=\"_blank\" href=\"https:\/\/gulfnews.com\/business\/markets\/dubais-damac-owned-data-centres-in-saudi-arabia-to-open-before-end-2023-1.1675869164347\" style=\"\" rel=\"noopener\">USD 600 mn<\/a> to build data centers in Riyadh and Dammam, with a 55 MW capacity as part of a USD 1 bn data center development strategy. The company also inked an MoU in <a target=\"_blank\" href=\"https:\/\/www.edgnex.com\/our-news\/damac-group-and-king-hussein-business-park-sign-an-agreement-to-develop-a-new-data-centre-in-jordan\/\" style=\"\" rel=\"noopener\">March 2023<\/a> to build a data center in Jordan.<\/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>I<\/strong><strong>talian ship building group <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.fincantieri.com\/en\/\" style=\"\" rel=\"noopener\">Fincantieri<\/a><\/strong><strong> has launched a new Saudi subsidiary<\/strong>, dubbed Fincantieri Arabia<strong>,<\/strong>according to a <a target=\"_blank\" href=\"https:\/\/www.fincantieri.com\/en\/media\/press-releases\/2024\/fincantieri-commits-to-saudi-arabia-with-new-shipbuilding-operations-in-line-with-saudi-vision-2030\/\" style=\"\" rel=\"noopener\">statement<\/a> released last week. The subsidiary will promote Fincantieri\u2019s capabilities in shipbuilding, maritime equipment and systems, and naval logistic support services. It will also coordinate stakeholder relationships in KSA and identify local partners. Fincantieri will also transfer to KSA its technological expertise for shipbuilding in the cruise, defense, and offshore sectors, according to the release. The subsidiary will develop green ships in line with KSA\u2019s aim to have net-zero emissions by 2060, and will digitize shipyard operations through tech such as digital twins, AI, welding robots, and unmanned vehicles.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">LOGISTICS HANDLING- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Alonso expands to Morocco: <\/strong>Spanish logistics group Alonso Group has opened up a new office in Casablanca, dubbed Alonso Forwarding Morocco, according to a <a target=\"_blank\" href=\"https:\/\/grupo-alonso.com\/en\/grupo-alonso-sigue-ampliando-su-estructura-internacional-con-la-puesta-en-marcha-de-alonso-forwarding-morocco\/\" style=\"\" rel=\"noopener\">press release<\/a> issued last week. The branch will provide several logistics services, including 3PL activities, and focuses on maritime transport with full container loads and LCL consolidation loads, the statement said. The new office will promote land transport between Morocco, Spain, Portugal, and the rest of Europe. Alonso will continue to expand in Morocco, with plans for a second office in Tangiers, according to the release. Alonso already has branches in Tunisia and Algeria.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Morocco\u2019s heavy into logistics: <\/strong>Morocco\u2019s investment in maritime and rail infrastructure, alongside its growing construction sector, positions it as a key logistics player. The country also takes part in nearshoring, hosting the production of goods from nearby countries, which helps them slash transport costs and delivery times, according to the release.<\/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>IFC readies BGW development plans:<\/strong> The International Finance Corporation (IFC) has finalized proposals for the development of Baghdad International Airport. The proposed plans depend on projections for increases in passenger numbers at the airport. (<a target=\"_blank\" href=\"https:\/\/www.ina.iq\/209341--.html\" style=\"\" rel=\"noopener\">INA<\/a>)<\/li>\n<li><strong>QatarEnergy + Koch Fertilizer ink long-term supply agreement:<\/strong> QatarEnergy has signed a 15-year agreement to supply 0.74 mn tons of urea per year to fertilizer producer <a target=\"_blank\" href=\"https:\/\/kochfertilizer.com\/\" style=\"\" rel=\"noopener\">Koch Fertilizer<\/a> starting July. QatarEnergy will supply Qatari-origin urea to the US agricultural sectors and other international markets. (<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-05-26\/qatarenergy-signs-15-year-urea-supply-deal-with-koch-fertilizer?srnd=economics-trade\" style=\"\" rel=\"noopener\">Bloomberg<\/a>)<\/li>\n<li><strong>New Iran rail link launched:<\/strong>Iran has launched a new 270 km railway linking the Yazd and Fars provinces. The route, a key part of the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/d62e806c-caac-4f39-b1a3-fd7e1a3764ab\/iran-launches-the-hamedan-sanandaj-railway,-connecting-ardabil-to-the-rasht-astara-railway\" style=\"\" rel=\"noopener\">International North-South Transport Corridor<\/a>, includes 11 stations and hosts freight trains, at a speed of 120 km per hour, and passenger trains, at 160 km per hour.(<a target=\"_blank\" href=\"https:\/\/en.irna.ir\/news\/85489719\/Iran-opens-major-railway-link-between-Yazd-Fars-provinces\" style=\"\" rel=\"noopener\">IRNA<\/a>) <\/li>\n<li><strong>The UAE\u2019s maritime sector due for some streamlining:<\/strong> The UAE\u2019s Ministry of Energy and Infrastructure (MoEI) plans to cancel 2k government procedures and halve the time needed to carry out government services in the maritime sector. (<a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/b3cih4e-moei-organises-session-zero-bureaucracy-maritime\" style=\"\" rel=\"noopener\">Wam<\/a>)<\/li>\n<li><strong>Al Ghurair Motors to be exclusive EV dealer for TAM-Europe: <\/strong>The UAE\u2019s <a target=\"_blank\" href=\"https:\/\/www.al-ghurair.com\/en\/our-sectors\/ventures\/automotive-services\" style=\"\" rel=\"noopener\">Al Ghurair<\/a><a target=\"_blank\" href=\"https:\/\/www.al-ghurair.com\/en\/our-sectors\/ventures\/automotive-services\" style=\"\" rel=\"noopener\">Motors<\/a> has partnered with Slovenian manufacturer <a target=\"_blank\" href=\"https:\/\/www.tam-motors.eu\/\" style=\"\" rel=\"noopener\">TAM-Europe<\/a> to exclusively provide TAM-Europe's EVs to the UAE market. (<a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/al-ghurair-motors-signs-dealership-agreement-with-european-manufacturer-tam-europe-for-electric-commercial-vehicles-gket146p\" style=\"\" rel=\"noopener\">Press Release<\/a>)<\/li>\n<li><strong>Global Clearinghouse systems to operate equipment at Shuaiba Port<\/strong><strong>:<\/strong> The Kuwait Port Authority has signed a tender with Global Clearinghouse Systems to operate and maintain bridge cranes and ground equipment at Shuaiba Port container terminal. (<a target=\"_blank\" href=\"https:\/\/x.com\/KuwaitPorts\/status\/1793250899470475397\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>GACA + Elm sign agreement for air service automation: <\/strong>Saudi Arabia\u2019s General Authority for Civil Aviation (GACA) has inked an MoU with Saudi information technology firm Elm to automate all air cargo related services through Washaj \u2014 an electronic platform air freight services. (<a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/N2108134\" style=\"\" rel=\"noopener\">SPA<\/a>)<\/li>\n<li><strong>Sohar Port and RoSPA join forces:<\/strong>Oman\u2019s Sohar Port and Freezone has inked an MoU with the UK\u2019s Royal Society for the Prevention of Accidents (RoSPA) to cooperate in occupational safety training and knowledge sharing. (<a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/sohar-port-and-freezone-signs-mou-with-rospa-for-improved-safety-eed8rfzh\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/boeing\/\">Boeing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/iran\/\">Iran<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/morocco\/\">Morocco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/qatar\/\">Qatar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"78810\" 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=\"78810\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Around the World<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/27\/news-from-somaliland-boeing-and-south-africa\/\">\r\n                            News from Somaliland, Boeing, and South Africa                        <\/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\/27\/news-from-somaliland-boeing-and-south-africa\/\" 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\/27\/news-from-somaliland-boeing-and-south-africa\/')\">\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\/27\/news-from-somaliland-boeing-and-south-africa\/\">\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=News from Somaliland, Boeing, and South Africa&url=https:\/\/enterpriseam.com\/logistics\/2024\/05\/27\/news-from-somaliland-boeing-and-south-africa\/\">\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\/27\/news-from-somaliland-boeing-and-south-africa\/&title=News from Somaliland, Boeing, and South Africa\">\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=News+from+Somaliland%2C+Boeing%2C+and+South+Africa+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F05%2F27%2Fnews-from-somaliland-boeing-and-south-africa%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\/27\/news-from-somaliland-boeing-and-south-africa\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2140.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78811\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/27\/news-from-somaliland-boeing-and-south-africa\/2140-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2140.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2140.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2140.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2140.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78810\" class=\"content-area-description single-story post-78810 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-aviation tag-boeing 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\/.48f9bc22-fd5a-4a03-a030-26d85a1e3e16.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Somaliland\u2019s agreement to lease coastal territory at the tip of the Red Sea to <\/strong><strong>Ethiopia<\/strong><strong> will help \u201csecure freedom of navigation\u201d<\/strong><strong>for international shipping,<\/strong><a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/c4593986-94dd-478b-96db-ac070e99861e\" style=\"\" rel=\"noopener\">The Financial Times<\/a> reports, citing statements by Somaliland President Muse Bihi Abdi. The January <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/964969ff-b01b-4751-a8bd-e0a70f6c5968\" style=\"\" rel=\"noopener\">agreement<\/a> allows Ethiopia to establish a military base and host commercial ships on the territory in exchange for its recognition of Somaliland, ending its reliance on Djibouti for maritime access. Ethiopian military assets on the strip will also help deter Houthi-led attacks against shipping in the Red Sea, Bihi Abdi said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Somalia isn\u2019t happy: <\/strong>Somalia has opposed the agreement, with Somalia\u2019s president indicating that \u201cnot an inch\u201d of its land will be taken away due to the accord. The US, EU, Arab League, and Egypt have also expressed reservations about the arrangement, the FT added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Boeing\u2019s delivery delays are not likely to improve in Q2<\/strong><strong> with expectations rising for<\/strong><strong> cashflow burn as it struggles to combat <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/6c2d95d0-af23-4c61-b415-b42e71517ccf\/%253cmark%253eboeing%253c%2Fmark%253e-787-dreamliner-production-rate-increase-dips\" style=\"\" rel=\"noopener\">production challenges<\/a><\/strong>, <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2024\/05\/23\/boeing-cfo-deliveries-cash-flow-max-crisis.html\" style=\"\" rel=\"noopener\">CNBC<\/a> reports, citing comments made by CFO Brian West. The firm spent almost USD 4 bn in cashflow in Q1, with Q2 forecasted to be similar or \u201cpossibly a little worse,\u201d according to West. Boeing\u2019s plane deliveries dropped to its lowest level since the pandemic in Q1, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-05-14\/boeing-delivers-fewest-jets-since-pandemic-on-737-max-slowdown\" style=\"\" rel=\"noopener\">Bloomberg<\/a> said. The manufacturer is looking to \u201cstabilize [their] production system, improve quality, and get more predictable,\u201d West said. This comes ahead of the company\u2019s meeting with the US Federal Aviation Administration (FAA) this Thursday, where it will present its plan to boost quality control.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More woes for Boeing:<\/strong> Boeing could face <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/d9a77ce9-d103-4348-a58a-fa61048088ca\/today:-dp-world-sinks-usd-mns-in-romania-%2B-emirates-is-set-to-use-saf-at-heathrow\" style=\"\" rel=\"noopener\">criminal prosecution<\/a> in the US due to breaching a 2021 agreement protecting the company from criminal charges over two fatal 737 Max plane crashes in 2018 and 2019 that resulted in 346 fatalities.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>South <\/strong><strong>Africa is<\/strong><strong> considering filing a formal complaint with the World Trade Organization (WTO) over the European Union's \u201cprotectionist\u201d carbon border tax<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/africa\/safrica-considers-complaining-wto-against-eu-carbon-border-tax-2024-05-22\/\" style=\"\" rel=\"noopener\">Reuters<\/a> quoted South African Trade Minister Ebrahim Patel as saying last week. The EU\u2019s proposed carbon adjustment mechanism (CBAM) will impose charges on imports of carbon-intensive goods such as steel, cement, aluminum, fertilizers, electricity, and hydrogen starting 2026. South Africa feels the CBAM would penalize developing nations struggling to raise large investments needed to reduce their CO2 emissions, Patel told the outlet. \u201cInstead of recognising differential levels of development, it imposes a one-size fits on all firms across the world,\u201d Patel said, though he added that South Africa is willing to \u201creach agreement through engagement and negotiation and our door remains open to find a settlement with the European Union on this matter.\u201d <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/around-the-world\/\">AROUND THE WORLD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/boeing\/\">Boeing<\/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=\"78812\" 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\/27\/78812\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78812\" class=\"content-area-description single-story post-78812 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>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>2-3 June (Sunday-Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/osvconference.com\/\" style=\"\">Offshore Support Vessels Conference<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">5 June (Wednesday): Digital Transformation Summit, Riyadh, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>5-7 June (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/key-notion.com\/sustainability-world-summit-frankfurt-2024\/\" style=\"\">Sustainability World Summit<\/a><\/span><span style=\"font-weight:400;\">, Frankfurt, Germany.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>6-7 June (Thursday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.neventum.com\/tradeshows\/supply-chain-innovation-summit\" style=\"\">Supply Chain Innovation Summit<\/a><\/span><span style=\"font-weight:400;\">, Amsterdam, Netherlands.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>6-7 June (Thursday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"http:\/\/www.sustain-lgsts.com\/\" style=\"\">International Symposium on Sustainable Logistics<\/a><\/span><span style=\"font-weight:400;\">, Mersin, Turkey.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>11-13 June (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.tocevents-europe.com\/en\/home.html\" style=\"\">Terminal Operations Conference & Exhibition<\/a><\/span><span style=\"font-weight:400;\">, Rotterdam, Netherlands.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>26-27 June (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/decarbonizingforum.com\/\" style=\"\">Decarbonizing Shipping Forum<\/a><\/span><span style=\"font-weight:400;\">, Rotterdam, Netherlands.<\/span><\/p>\n<p style=\"padding:0;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;\">JULY<\/span><\/p>\n<p style=\"padding:0;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 July (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.aci-europe-events.org\/\" style=\"\">ACI Europe Annual Congress<\/a><\/span><span style=\"font-weight:400;\">, Istanbul, Turkey.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:400;\">14 July (Friday): AI Integration and Autonomous Mobility, Berlin, Germany.<\/span><\/p>\n<p style=\"padding:0;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;\">SEPTEMBER<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>18-19 September (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.saudimaritimecongress.com\/en\/home.html\" style=\"\">Saudi Maritime & Logistics Congress<\/a><\/span><span style=\"font-weight:400;\">, Dammam, KSA. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>23-25 September (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.worldfzo.org\/Events\/Upcoming-Events\/id\/702\/zones-and-the-shifting-global-economic-structures-unlocking-new-investment-avenues\" style=\"\">World<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.worldfzo.org\/Events\/Upcoming-Events\/id\/702\/zones-and-the-shifting-global-economic-structures-unlocking-new-investment-avenues\" style=\"\">Freezones<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.worldfzo.org\/Events\/Upcoming-Events\/id\/702\/zones-and-the-shifting-global-economic-structures-unlocking-new-investment-avenues\" style=\"\">Organization\u2019s Annual International Conference and Exhibition (AICE)<\/a><\/span><span style=\"font-weight:400;\"> , Dubai, UAE. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:400;\">   <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"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, 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>7-9 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, Belgium.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>21-22 October (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/smartportstransformation.com\/\" style=\"\">Smart Ports & Logistics Transformation Summit<\/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>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>22-24 October (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/globalportsforum.com\/singapore-to-host-gpf\/\" style=\"\">Global Ports Forum<\/a><\/span><span style=\"font-weight:400;\">, Singapore.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span 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>11-12 November (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wamsaudi.com\/\" style=\"\">World Advanced Manufacturing Logistics Summit & Expo<\/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>11-14 November (Monday-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, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>13-15 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 Show<\/a><\/span><span style=\"font-weight:400;\">, Damman, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>18-19 November (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.g20.org\/en\/about-the-g20\/summit-rio-2024\" style=\"\">G20 Summit<\/a><\/span><span style=\"font-weight:400;\">, Rio de Janeiro, Brazil.<\/span><\/p>\n<p style=\"padding:0;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>10-12 December (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.mebaa.aero\/\" style=\"\">Middle East Business Aviation<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight: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 style=\"font-weight:700;\">APRIL<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>16-17 April: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/globalportsforum.com\/dubai-to-host-gpf\/\" style=\"\">Global Ports Forum<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>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>DP World + Mawani kick off new logistic park project | Adnoc mulls a bid on Shell\u2019s South African assets | DHL cuts the ribbon on new Abud Dhabi hub<\/p>\n","protected":false},"featured_media":78790,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-78789","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"c4e67587-5045-432b-8ae9-1f96d571318d","teaser":"DP World + Mawani kick off new logistic park project | Adnoc mulls a bid on Shell\u2019s South African assets | DHL cuts the ribbon on new Abud Dhabi hub","photo_url":"https:\/\/ent.news\/2024\/1\/1228.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>DP World + Mawani break ground on Jeddah Islamic Port logistic park - 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\/dp-world-mawani-break-ground-on-jeddah-islamic-port-logistic-park\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DP World + Mawani break ground on Jeddah Islamic Port logistic park\" \/>\n<meta property=\"og:description\" content=\"DP World + Mawani kick off new logistic park project | Adnoc mulls a bid on Shell\u2019s South African assets | DHL cuts the ribbon on new Abud Dhabi hub\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/logistics\/issues\/dp-world-mawani-break-ground-on-jeddah-islamic-port-logistic-park\/\" \/>\n<meta property=\"og:site_name\" content=\"Logistics\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-15T14:42:24+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1228.jpg?fit=%2C&ssl=1\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/issues\/dp-world-mawani-break-ground-on-jeddah-islamic-port-logistic-park\/\",\"url\":\"https:\/\/enterpriseam.com\/logistics\/issues\/dp-world-mawani-break-ground-on-jeddah-islamic-port-logistic-park\/\",\"name\":\"DP World + Mawani break ground on Jeddah Islamic Port logistic park - Logistics\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/issues\/dp-world-mawani-break-ground-on-jeddah-islamic-port-logistic-park\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/issues\/dp-world-mawani-break-ground-on-jeddah-islamic-port-logistic-park\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1228.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-05-27T00:00:00+00:00\",\"dateModified\":\"2025-12-15T14:42:24+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/issues\/dp-world-mawani-break-ground-on-jeddah-islamic-port-logistic-park\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/logistics\/issues\/dp-world-mawani-break-ground-on-jeddah-islamic-port-logistic-park\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/issues\/dp-world-mawani-break-ground-on-jeddah-islamic-port-logistic-park\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1228.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1228.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/issues\/dp-world-mawani-break-ground-on-jeddah-islamic-port-logistic-park\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/logistics\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Issues\",\"item\":\"https:\/\/enterpriseam.com\/logistics\/AMarchives\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"DP World + Mawani break ground on Jeddah Islamic Port logistic park\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#website\",\"url\":\"https:\/\/enterpriseam.com\/logistics\/\",\"name\":\"Logistics\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/logistics\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#organization\",\"name\":\"Logistics\",\"url\":\"https:\/\/enterpriseam.com\/logistics\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/29618.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/29618.svg\",\"caption\":\"Logistics\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"DP World + Mawani break ground on Jeddah Islamic Port logistic park - Logistics","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/logistics\/issues\/dp-world-mawani-break-ground-on-jeddah-islamic-port-logistic-park\/","og_locale":"en_US","og_type":"article","og_title":"DP World + Mawani break ground on Jeddah Islamic Port logistic park","og_description":"DP World + Mawani kick off new logistic park project | Adnoc mulls a bid on Shell\u2019s South African assets | DHL cuts the ribbon on new Abud Dhabi hub","og_url":"https:\/\/enterpriseam.com\/logistics\/issues\/dp-world-mawani-break-ground-on-jeddah-islamic-port-logistic-park\/","og_site_name":"Logistics","article_modified_time":"2025-12-15T14:42:24+00:00","twitter_card":"summary_large_image","twitter_image":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1228.jpg?fit=%2C&ssl=1","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/logistics\/issues\/dp-world-mawani-break-ground-on-jeddah-islamic-port-logistic-park\/","url":"https:\/\/enterpriseam.com\/logistics\/issues\/dp-world-mawani-break-ground-on-jeddah-islamic-port-logistic-park\/","name":"DP World + Mawani break ground on Jeddah Islamic Port logistic park - Logistics","isPartOf":{"@id":"https:\/\/enterpriseam.com\/logistics\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/logistics\/issues\/dp-world-mawani-break-ground-on-jeddah-islamic-port-logistic-park\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/logistics\/issues\/dp-world-mawani-break-ground-on-jeddah-islamic-port-logistic-park\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1228.jpg?fit=%2C&ssl=1","datePublished":"2024-05-27T00:00:00+00:00","dateModified":"2025-12-15T14:42:24+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/logistics\/issues\/dp-world-mawani-break-ground-on-jeddah-islamic-port-logistic-park\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/logistics\/issues\/dp-world-mawani-break-ground-on-jeddah-islamic-port-logistic-park\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/logistics\/issues\/dp-world-mawani-break-ground-on-jeddah-islamic-port-logistic-park\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1228.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1228.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/logistics\/issues\/dp-world-mawani-break-ground-on-jeddah-islamic-port-logistic-park\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/logistics\/"},{"@type":"ListItem","position":2,"name":"Issues","item":"https:\/\/enterpriseam.com\/logistics\/AMarchives\/"},{"@type":"ListItem","position":3,"name":"DP World + Mawani break ground on Jeddah Islamic Port logistic park"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/logistics\/#website","url":"https:\/\/enterpriseam.com\/logistics\/","name":"Logistics","description":"","publisher":{"@id":"https:\/\/enterpriseam.com\/logistics\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/logistics\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/logistics\/#organization","name":"Logistics","url":"https:\/\/enterpriseam.com\/logistics\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/logistics\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/29618.svg","contentUrl":"https:\/\/ent.news\/internal\/29618.svg","caption":"Logistics"},"image":{"@id":"https:\/\/enterpriseam.com\/logistics\/#\/schema\/logo\/image\/"}}]}},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/issue\/78789","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/issue"}],"about":[{"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/types\/issue"}],"version-history":[{"count":1,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/issue\/78789\/revisions"}],"predecessor-version":[{"id":78830,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/issue\/78789\/revisions\/78830"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/media\/78790"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/media?parent=78789"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/categories?post=78789"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/tags?post=78789"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}