{"id":78899,"date":"2024-05-30T00:00:00","date_gmt":"2024-05-30T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=78899"},"modified":"2025-12-15T14:44:07","modified_gmt":"2025-12-15T14:44:07","slug":"uae-south-korea-finalize-cepa-agreement-sign-transport-agreements","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/uae-south-korea-finalize-cepa-agreement-sign-transport-agreements\/","title":{"rendered":"UAE + South Korea finalize CEPA agreement, sign transport agreements"},"content":{"rendered":"<section id=\"78901\" 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=\"78901\">\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\/30\/today-uae-south-korea-finalize-cepa-agreement-a-new-aviation-manufacturing-plant-for-morocco\/\">\r\n                            TODAY: UAE, South Korea finalize CEPA agreement + A new aviation manufacturing plant for 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\/30\/today-uae-south-korea-finalize-cepa-agreement-a-new-aviation-manufacturing-plant-for-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(); 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Let\u2019s dive right in.<\/p>\n<p class=\"tag-border-left\">HAPPENING TODAY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-05-29\/xi-hosts-arab-leaders-as-china-mideast-ties-widen-beyond-trade\" style=\"\" rel=\"noopener\">China-Arab States Cooperation Forum<\/a><\/strong><strong> is kicking off today in Beijing. <\/strong>The forum will bring together heads of state from Egypt, UAE, Bahrain, and Tunisia to discuss regional security, trade, and investment. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt1\"><\/a>KSA will host the 2026 UNCTAD Global Supply Chains Forum after landing a bid to host<\/strong><strong> the event<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/mawani.gov.sa\/article?a=230524\" style=\"\" rel=\"noopener\">statement<\/a>. The global event will bring together leaders, experts, and international organizations to shape the future of global trade, and serves as a platform for promoting investments that are in line with the UN\u2019s goals for sustainable development, Mawani said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Local Omani contractors are eyeing construction and consulting contracts for freight <\/strong><strong>yard and depot project contracts Al Buraimi and Sohar port<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.omanobserver.om\/article\/1154344\/business\/economy\/omani-firms-eye-contracts-for-rail-depot-and-freight-yards\" style=\"\" rel=\"noopener\">Oman Daily Observer<\/a> reports. Contracts for freight handling, marshaling, maintenance, customs, refueling, storage, and administrative infrastructure at Al Buraimi and Sohar are being lined up for tenders, the outlet said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Preparations are underway to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/f83c9fc4-a8cc-47f8-8f9e-6254a1aa6f91\/today:-etihad%25e2%2580%2599s-ipo-moves-forward-%2B-trade-wars-at-home-and-abroad\" style=\"\" rel=\"noopener\">kick off construction<\/a> on the UAE-Oman Hafeet railway after a joint venture by Oman\u2019s Galfar Engineering and Contracting and the UAE\u2019s Trojan Construction Group <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/5289bbb5-6913-47fa-8ced-8adc92d83aa9\/emirati-omani-consortium-snags-usd-1.35-bn-contract-for-uae-oman-rail-link\" style=\"\" rel=\"noopener\">snapped up a USD 1.35 bn<\/a> design and build contract for the project. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a>IN OTHER OMAN NEWS-<\/strong> Oman\u2019s Civil Aviation Authority (CAA) is looking to launch and license a new low-cost carrier as part of a wider investments in the aviation sector, <a target=\"_blank\" href=\"https:\/\/www.muscatdaily.com\/2024\/05\/28\/oman-plans-launching-new-low-cost-airline-2\/\" style=\"\" rel=\"noopener\">Muscat Daily<\/a> reports, citing a CAA <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/public-authority-for-civil-aviation-oman_caa-oman-elevatebeyondthesky-activity-7201059988633534464-q5wW?utm_source=share&utm_medium=member_desktop\" style=\"\" rel=\"noopener\">statement<\/a>. The sultanate is looking to establish <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/39f74f3f-072a-4046-ba08-6c3ef522615d\/sal-inks-air-cargo-lease-%2B-development-agreement-for-king-khaled-int%25e2%2580%2599l-airport-cargo-village\" style=\"\" rel=\"noopener\">six new airports<\/a> by 2028\/2029 with design work kicking off this year, as part of a drive to attract 50 mn passengers at its airports by 2040.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt1\"><\/a><\/strong><strong>Could Iraq\u2019s oil exports via the ITP resume soon?<\/strong> Iraq\u2019s oil ministry has urged for a meeting \u201cas soon as possible\u201d with Kurdistan\u2019s government and international oil players to hammer out an agreement on resuming oil exports via the Iraq-Turkey oil pipeline (ITP), <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/iraq-oil-ministry-calls-meeting-with-kurdish-authorities-resume-oil-exports-2024-05-28\/#:~:text=CAIRO%2C%20May%2028%20(Reuters),the%20Turkish%20port%20of%20Ceyhan.\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. Previous talks on the resumption of exports via the pipeline have stalled over disagreements regarding how to split proceeds. Firms are ready to resume exports if they receive guarantees for payments directly from buyers and if commercial terms are upheld, <a target=\"_blank\" href=\"https:\/\/www.asharqbusiness.com\/article\/64280\/%D8%A8%D8%BA%D8%AF%D8%A7%D8%AF-%D8%AA%D8%AF%D8%B9%D9%88-%D9%83%D8%B1%D8%AF%D8%B3%D8%AA%D8%A7%D9%86-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D9%88%D8%A7%D9%84%D8%B4%D8%B1%D9%83%D8%A7%D8%AA-%D9%84%D8%A7%D8%AC%D8%AA%D9%85%D8%A7%D8%B9-%D8%AD%D9%88%D9%84-%D8%B5%D8%A7%D8%AF%D8%B1%D8%A7%D8%AA-%D8%A7%D9%84%D9%86%D9%81%D8%B7\" style=\"\" rel=\"noopener\">Asharq Business<\/a> reported, citing a statement by the Association of the Petroleum Industry of Kurdistan.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background:<\/strong> Flows along the ITP have been halted since a March 2023 <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/16ac81ab-c7b4-40e0-a399-60a88ed2ef70\/iraq-halts-kurdish-oil-exports-after-court-rules-in-its-favor-in-landmark-arbitration-case-against-turkey\" style=\"\" rel=\"noopener\">landmark arbitration<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/16ac81ab-c7b4-40e0-a399-60a88ed2ef70\/iraq-halts-kurdish-oil-exports-after-court-rules-in-its-favor-in-landmark-arbitration-case-against-turkey\" style=\"\" rel=\"noopener\">decision<\/a> deemed the exports illegal, ordering Turkey to shell out USD 1.5 bn in damages. The pipeline was <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/95e3a557-a69c-42ec-aade-134b4dc42253\/today:-dp-world-set-to-develop-a-south-korean-logistics-center-%2B-houthis-set-their-sights-on-shipping-diversions\" style=\"\" rel=\"noopener\">repaired in March<\/a> after sabotage attributed to ISIS.<\/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>The EU is weighing proposals to sanction Russian oil tanker ins. outfit Ingosstrakh in a <\/strong><strong>bid to block revenues used <\/strong><strong>to fund the war on Ukraine<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-05-29\/eu-weighs-proposal-to-sanction-russian-oil-tanker-insurer-ingosstrakh?srnd=economics-trade\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports. Proposals for the listing are still at an early stage and are not included in the most recent drafts for an upcoming sanctions package, unnamed sources said. If the move goes ahead, it would increase risks and costs for stakeholders in the Russian oil trade and for other commodity trades that rely on Ingosstrakh for ins., Bloomberg added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Is it possible? <\/strong>All EU member states would have to support the proposal in order for it to pass, but certain member states such as Hungary oppose additional measures to restrict Russia\u2019s energy trade, Bloomberg explained. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>SPEAKING OF SANCTIONS-<\/strong><strong> The sanctions being imposed on Russia have a limited <\/strong><strong>effect with trade continuing to flow in different directions<\/strong><strong>, <\/strong>Dubai Multi Commodities Centre (DMCC) chair Hamad Buamim told <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/5183dd85-87f0-4f6f-a655-1abc78f084ad\" style=\"\" rel=\"noopener\">The Financial Times<\/a>. The measures may slow trade and make it more challenging, but they don\u2019t halt it, Buamim added. \u201cThe fact that the economy is not purely controlled by one side of the world makes these sanctions less effective,\u201d he told the FT. Dubai has benefited from the rerouting of Russian trade, but the US, UK, and the EU have recently begun applying pressure on the UAE to cut ties with Russian firms, the FT added. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The China-US standoff is making things difficult for Dubai: <\/strong>Arab countries have maintained a neutral stance on the China-US trade war until now, but it\u2019s becoming increasingly difficult as the US pressures its allies to choose sides, Buamim said, adding that tensions between China and the US have disrupted business worldwide. <\/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>Oil <\/strong><strong>remained stable this morning as markets anticipate US crude oil data and borrowing <\/strong><strong>costs<\/strong><strong> remain high spelling a potential blow to demand<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/oil-prices-down-demand-woes-markets-await-us-crude-stockpiles-data-2024-05-30\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. Brent crude futures posted at USD 83.56 a barrel by 03.30 GMT and US West Texas Intermediate (WTI) futures eased to USD 79.13 a barrel.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A ramp up in global oil stocks makes it more likely that Opec+ voluntary cuts will be <\/strong><strong>maintained, <\/strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/oil-storage-rise-supports-case-keeping-opec-cuts-sources-say-2024-05-29\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing Opec+ representatives and analysts. OECD oil stocks in March stood at 2.79 bn barrels, up 34 mn barrels y-o-y, Opec data showed. Non-OECD stocks gained 2 mn barrels and 48.5 mn barrels in March and April, with the buildup centering in China, according to data from energy data analytics consultancy Kayrros. \u201cI believe that Opec+ will be unlikely to release barrels back to the market until there are palpable signs of stock draw,\u201d PVM analyst Tamas Varga said.<\/p>\n<p class=\"tag-border-left\">DATA POINTS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Air Cargo demand \u2014 measured in cargo tonne-kilometers (CTKs) \u2014 grew 11.1% <\/strong><strong>y-o-y in April 2024,<\/strong> marking the fifth consecutive month of double-digit y-o-y growth, according to an IATA <a target=\"_blank\" href=\"https:\/\/www.iata.org\/en\/pressroom\/2024-releases\/2024-05-29-01\/\" style=\"\" rel=\"noopener\">press release<\/a>. Middle Eastern markets saw a 9.4% y-o-y growth for air cargo demand during the period. Global air cargo capacity \u2014 measured in available cargo tonne-kilometers (ACTK) \u2014 gained 7.1% in April, with the Middle East seeing a 5.7% boost to capacity, IATA said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt-based <\/strong><strong><a target=\"_blank\" href=\"https:\/\/canalshipping.net\/\" style=\"\" rel=\"noopener\">Canal Shipping Agencies<\/a><\/strong><strong> saw its <\/strong><strong>bottomline<\/strong><strong> surge 163% y-o-y to EGP 570.9 <\/strong><strong>mn during the first nine months of FY 2023\/2024,<\/strong> according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/5\/2452.pdf\" style=\"\" rel=\"noopener\">financial statement (pdf)<\/a>. The company\u2019s revenues for the period were EGP 77 mn, up 31.8% y-o-y. <\/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;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>Turkey will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.aci-europe-events.org\/\" style=\"\" rel=\"noopener\">ACI Europe Annual Congress<\/a><\/strong><strong> on Tuesday, 2 July t<\/strong><strong>o Thursday, 4 July<\/strong> in Istanbul. The event will bring together 500 C-level airport executives, as well representatives from businesses engaged with airports, airlines, aircraft manufacturers, and other stakeholders. The event will highlight discussions on the current state of the airport industry, geopolitics, the Turkish market, resilience, sustainability, and the diversification of revenues.<\/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\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\/iraq\/\">Iraq<\/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\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/what-were-tracking-today\/\">WHAT WE\u2019RE TRACKING TODAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"78903\" 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           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size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78905\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/30\/uae-south-korea-finalize-cepa-agreement-sign-transport-agreements\/2478-jpg-6\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2478.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2478.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2478.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2478.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78904\" class=\"content-area-description single-story post-78904 post type-post status-publish format-standard has-post-thumbnail hentry category-trade tag-diplomacy tag-rail tag-shipping-maritime 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\/.6e9e7a09-7166-4914-82d6-7a9581ae553e.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>UAE, South Korea to slash import customs: <\/strong>The UAE has formalized its Comprehensive Economic Partnership Agreement (CEPA) and signed a raft of agreements with South Korea during the presidential summit between President Sheikh Mohamed bin Zayed and his counterpart Yoon Suk Yeol, the president said in a <a target=\"_blank\" href=\"https:\/\/x.com\/MohamedBinZayed\/status\/1795696733692826042\" style=\"\" rel=\"noopener\">statement<\/a>. This pact marks the first trade agreement signed between an Arab state and South Korea, Korean news agency <a target=\"_blank\" href=\"https:\/\/m-en.yna.co.kr\/view\/AEN20240529001653315?section=national\/diplomacy\" style=\"\" rel=\"noopener\">Yonhap<\/a> reports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background: <\/strong>The UAE and South Korea concluded negotiations for the trade agreement <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/6e7838e9-0f15-420f-b7a2-d0d2d67c043b\/uae,%253cmark%253e-south-korea%253c%2Fmark%253e-wrap-cepa-talks-%2B-us,-uae-eye-boosting-trade.-plus:-more-from-saudi-arabia-and-iraq\" style=\"\" rel=\"noopener\">last<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/6e7838e9-0f15-420f-b7a2-d0d2d67c043b\/uae,%253cmark%253e-south-korea%253c%2Fmark%253e-wrap-cepa-talks-%2B-us,-uae-eye-boosting-trade.-plus:-more-from-saudi-arabia-and-iraq\" style=\"\" rel=\"noopener\">year<\/a>. Under the agreement, the UAE is set to <a target=\"_blank\" href=\"https:\/\/en.yna.co.kr\/view\/AEN20231013008000320\" style=\"\" rel=\"noopener\">lift tariffs<\/a> on 91.2% of all traded goods from South Korea, while South Korea will lift tariffs on 92.8% over a 10-year period. The UAE will also gradually eliminate the 3% tariff on crude oil exports to the country, paving the way for more crude oil exports to the country, South Korean Trade Minister Cheong In-kyo said, according to <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/asia-pacific\/south-korea-uae-summit-focus-defence-energy-investment-2024-05-29\/#:~:text=The%20industry%20ministers%20formally%20signed%20a%20Comprehensive%20Economic%20Partnership%20Agreement%20(CEPA)%20agreed%20in%20October%20that%20will%20remove%20all%20tariffs%20on%20South%20Korean%20arms%20exports%20when%20it%20is%20ratified%2C%20South%20Korea%20said.\" style=\"\" rel=\"noopener\">Reuters<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The agreement should also see all tariffs on South Korea\u2019s arms exports to UAE<\/strong>, as well as import duties on vehicles, eliminated, Reuters reported, citing a statement from South Korea. It will also see the UAE \u201copen its market\u201d to online gaming content and medical services, Yonhap said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A step towards the AED 4 tn non-oil trade goal:<\/strong> The agreements are expected to drive the UAE\u2019s non-oil foreign trade to exceed AED 4 tn by 2031, <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b3earsc-uae-and-korean-presidents-witness-signing\" style=\"\" rel=\"noopener\">Wam<\/a> reports<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The trade pact was signed alongside a total of 19 cooperation agreements and MoUs,<\/strong> the Korean news agency reports. The agreements, which span energy, nuclear power, defense, technology, climate change and cultural exchange, aim to \u201cbuild upon the robust economic cooperation that links [both] nations and deliver tangible growth for [their] peoples,\u201d the president said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The<\/strong><strong> two heads of state discussed enhancing cooperation in a myriad of fields of mutual <\/strong><strong>interest<\/strong>, including economy and investment, conventional and clean energy, peaceful nuclear energy, and defense and defense technology, during a meeting in Seoul, attended by senior officials from both countries, <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b3earsa-presidents-uae-and-republic-korea-discuss\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The president emphasized the \u201cdeep strategic relations,\u201d between the UAE and Korea, bolstered by their partnership on the Barakah Nuclear Energy Plant. <\/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>Adnoc to receive AED 9.4 bn LNG ships from South Korean shipbuilders: <\/strong>Among the slew of agreements were two letters of intent between Abu Dhabi National Oil Company (Adnoc) and Korean shipbuilders Samsung Heavy Industries and Hanwha Ocean to build 10 liquefied natural gas (LNG) carriers, in a transaction valued at AED 9.4 bn (c. USD 2.5 bn), <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b3earsc-uae-and-korean-presidents-witness-signing\" style=\"\" rel=\"noopener\">Wam<\/a> reports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What we know:<\/strong> Adnoc kicked off a tender in January for Chinese and South Korean shipyards for six frim plus four optional standardized LNG carrier newbuilds, <a target=\"_blank\" href=\"https:\/\/lngprime.com\/asia\/adnoc-picks-south-korean-yards-to-build-six-lng-carriers\/113437\/\" style=\"\" rel=\"noopener\">LNG Prime<\/a> reports. Adnoc has reportedly chosen South Korean shipbuilders Samsung Heavy Industries and Hanwha Ocean for the contracts, assigning three vessels to each, sources told LNG Prime. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The newbuilds are expected to service Adnoc\u2019s second LNG terminal at Ruwais, <\/strong>LNG Prime said. Ruwais is angling to become the region\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/8c37692d-272e-4c52-b88e-fcb5fa02514c\/%253cmark%253eadnoc%253c%2Fmark%253e-secures-another-15-year-lng-agreement-for-its-ruwais-project\" style=\"\" rel=\"noopener\">first LNG export facility<\/a> that is powered by renewable energy. Ruwais LNG consists of two 4.8 mmtpa LNG liquefaction trains with a combined 9.6 mmtpa capacity, which will more than double Adnoc\u2019s LNG output to 15 mmtpa once Ruwais LNG comes online.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Adnoc inked its third long-term LNG supply agreement earlier this <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/8c37692d-272e-4c52-b88e-fcb5fa02514c\/%253cmark%253eadnoc%253c%2Fmark%253e-secures-another-15-year-lng-agreement-for-its-ruwais-project\" style=\"\" rel=\"noopener\">month<\/a><\/strong><strong>,<\/strong> with German energy giant Energie Baden-W\u00fcrttemberg, to supply it with 0.6 mn tons of LNG from Ruwais once the facility comes online in 2028. This came on the heels of two other <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/81c8aa0e-cd48-4a49-8a21-dc555d1abc1b\/adnoc-secures-another-15-year-lng-agreement-for%253cmark%253e-ruwais%253c%2Fmark%253e-project\" style=\"\" rel=\"noopener\">agreements<\/a> with China's ENN Natural Gas and SEFE Marketing & Trading Singapore for the delivery of 1 mn tons of LNG annually from the new plant. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">RAIL- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The two countries also agreed to cooperate on <\/strong>railway infrastructure and maritime transport; protecting intellectual property, developing joint projects in Africa and infrastructure projects in \u201cthird countries\u201d, climate cooperation, advanced technology, space, agriculture, and healthcare.<\/p>\n\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\/rail\/\">RAIL<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/shipping-maritime\/\">SHIPPING + MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <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=\"78906\" 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=\"78906\">\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\">Aviation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/30\/pratt-whitney-inaugurates-aircraft-engine-manufacturing-plant-in-morocco\/\">\r\n                            Pratt &amp; Whitney inaugurates aircraft engine manufacturing plant 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\/30\/pratt-whitney-inaugurates-aircraft-engine-manufacturing-plant-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(); 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Whitney inaugurates aircraft engine manufacturing plant 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=Pratt+%26%23038%3B+Whitney+inaugurates+aircraft+engine+manufacturing+plant+in+Morocco+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F05%2F30%2Fpratt-whitney-inaugurates-aircraft-engine-manufacturing-plant-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\/30\/pratt-whitney-inaugurates-aircraft-engine-manufacturing-plant-in-morocco\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2418.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78907\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/30\/pratt-whitney-inaugurates-aircraft-engine-manufacturing-plant-in-morocco\/2418-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2418.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2418.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2418.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2418.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78906\" class=\"content-area-description single-story post-78906 post type-post status-publish format-standard has-post-thumbnail hentry category-aviation tag-aviation tag-morocco tag-projects 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\/.ff1d4562-8726-4f59-a608-a90aff862073.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>A new aircraft engine manufacturing facility for Morocco: <\/strong>RTX subsidiary and aircraft engine maker Pratt & Whitney Canada inaugurated a new Pratt & Whitney Maroc (PWM) engine <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/a59b43d4-1af9-4429-9f1b-d759aeed1c06\" style=\"\" rel=\"noopener\">manufacturing facility<\/a> in Casablanca, according to a <a target=\"_blank\" href=\"https:\/\/www.prattwhitney.com\/en\/newsroom\/news\/2024\/05\/27\/rtxs-pratt-whitney-canada-starts-the-construction-of-its-new-facility-in-casab\" style=\"\" rel=\"noopener\">press release<\/a>. The 12k sqm greenfield project will produce detailed static and structural machined parts for the company\u2019s aircraft engines including its PT6 two-shaft engine, the statement said. The plant is slated to begin operations in 2025, but no investment ticket has so far been disclosed. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details:<\/strong> The hub will be located in Casablanca\u2019s aviation-focused MidParc Freezone, the statement notes. Pratt & Whitney Canada has installed 80% of the major machines in the temporary site in Midparc to support the development of the project and the company has begun hiring employees. Once the plant is fully operational, it will serve to boost Pratt & Whitney Canada\u2019s global supply chain and manufacturing network. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Midparc is becoming a hub for the regional aircraft industry:<\/strong> Apart from RTX \u2019s Collins Aerospace and PWM, Midparc has also attracted Canada-based aerospace parts subcontractor Shimco which garnered certification from Boeing for its operation at Midparc <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/8f69b934-4cbe-4f22-a54e-9cae5471bbe2\/qfz-%2B-qatar-post-partner-on-postal-services,-iran-expands-domestic-railway-network,-boeing-certifies-shimco-operations-in%253cmark%253e-morocco%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">earlier this week<\/a>. The hub benefits from close proximity to Europe, Midparc President Hamid Benbrahim El Andaloussi said.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/morocco\/\">Morocco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/projects\/\">PROJECTS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"78908 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"78908\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/30\/78908\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78908\" class=\"content-area-description single-story post-78908 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/yanmuparks.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/425.jpg?ssl=1\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"78909\" 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=\"78909\">\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\">Shipping + Maritime<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/30\/egypt-will-debut-its-first-ship-breaking-yard-at-damietta-port\/\">\r\n                            Egypt will debut its first ship breaking yard at Damietta Port                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/30\/egypt-will-debut-its-first-ship-breaking-yard-at-damietta-port\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The timeline and investment ticket for the project was not disclosed. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In numbers: <\/strong>The project will span 155k sq meters at Damietta Port and is expected to generate 1.5 mn tons of scrap annually over the next five years, fulfilling 66% of the local market's demand for scrap. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Cracking down on imports: <\/strong>The ship breaking yard will bolster the domestic iron and steel industry by replacing imported scrap with locally recycled materials, Egypt\u2019s Transport Minister Kamel Al-Wazir said in the statement.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The sector needs it:<\/strong> Egypt\u2019s steel rebar production capacity sits at around 16 mn tons annually, the statement notes. However, steel rebar production reaches only 8 mn tons due to shortage of scrap in the local market.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It targets vessels of all sizes: <\/strong>The project aims to create a scrapyard capable of handling any sized ship, meeting international standards for compliant ship procurement. It will adhere to global regulations, such as those outlined in the <a target=\"_blank\" href=\"https:\/\/www.imo.org\/en\/About\/Conventions\/Pages\/The-Hong-Kong-International-Convention-for-the-Safe-and-Environmentally-Sound-Recycling-of-Ships.aspx\" style=\"\" rel=\"noopener\">Hong Kong<\/a> and <a target=\"_blank\" href=\"https:\/\/www.basel.int\/\" style=\"\" rel=\"noopener\">Basel<\/a> conventions, and European ship recycling regulations.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt has been looking into ship recycling: <\/strong>Egypt\u2019s Suez Canal Authority (SCA) <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/33980e6f-34a4-47e2-89b7-4ec5551da90d\/egypt%25e2%2580%2599s-suez-canal-authority-inks-an-agreement-with-maersk-extending-cooperation-in-green-transition\" style=\"\" rel=\"noopener\">signed an agreement<\/a> with Danish shipping giant AP Moeller-Maersk in 2023 to extend cooperation in the green transition, including a potential cooperation between the authority\u2019s arsenals and Maersk in ship recycling. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About El Wehda Industrial Development:<\/strong> The company is a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/markets\/equities\/egypt-el-wehda-industrial-lowers-stake-in-ataqa-for-323mln-rvz3tucc\" style=\"\" rel=\"noopener\">major shareholder<\/a> in El Garhy Group\u2019s mining and metals company <a target=\"_blank\" href=\"https:\/\/www.misrns.com\/\" style=\"\" rel=\"noopener\">Misr National Steel<\/a> (Ataqa) but has recently reduced some of its shares slightly to 91.56% \u2014 down from 93.22%. <\/p>\n\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\/ports\/\">PORTS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/shipping-maritime\/\">SHIPPING + MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"78911\" 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=\"78911\">\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\">Zones<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/30\/egypts-mafi-to-set-up-private-freezone-for-its-agri-food-industrial-complex\/\">\r\n                            Egypt\u2019s MAFI to set up private freezone for its agri-food industrial complex                        <\/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\/30\/egypts-mafi-to-set-up-private-freezone-for-its-agri-food-industrial-complex\/\" 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\/30\/egypts-mafi-to-set-up-private-freezone-for-its-agri-food-industrial-complex\/')\">\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\/30\/egypts-mafi-to-set-up-private-freezone-for-its-agri-food-industrial-complex\/\">\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=Egypt\u2019s MAFI to set up private freezone for its agri-food industrial complex&url=https:\/\/enterpriseam.com\/logistics\/2024\/05\/30\/egypts-mafi-to-set-up-private-freezone-for-its-agri-food-industrial-complex\/\">\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\/30\/egypts-mafi-to-set-up-private-freezone-for-its-agri-food-industrial-complex\/&title=Egypt\u2019s MAFI to set up private freezone for its agri-food industrial complex\">\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=Egypt%E2%80%99s+MAFI+to+set+up+private+freezone+for+its+agri-food+industrial+complex+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F05%2F30%2Fegypts-mafi-to-set-up-private-freezone-for-its-agri-food-industrial-complex%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\/30\/egypts-mafi-to-set-up-private-freezone-for-its-agri-food-industrial-complex\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2510.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78912\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/30\/egypts-mafi-to-set-up-private-freezone-for-its-agri-food-industrial-complex\/2510-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2510.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2510.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2510.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2510.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78911\" class=\"content-area-description single-story post-78911 post type-post status-publish format-standard has-post-thumbnail hentry category-zones tag-egypt tag-zones wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/5\/.11d027ce-43b6-4607-b196-7bf390b2fd1c.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt\u2019s MAFI Agricultural Produce Industries received a green light to set up a private <\/strong><strong>freezone for its agri-food industrial complex in Sadat City<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid05mSxsLqGXCbhUDW8g6Rks6YjWUTN6uSBmNQ3pRDC3uV7m3QMjks9yG9aZJpoxT24l\" style=\"\" rel=\"noopener\">statement<\/a>. MAFI <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a7287fe1-aa1d-4adf-8122-b69f4c29f8bf\" style=\"\" rel=\"noopener\">signed contracts<\/a> with several international companies back in January to set up the complex. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What we know: <\/strong>The complex will host five factories, including concentrates and quick-freezing facilities, and will be carried out in partnership with a yet-to-be-revealed foreign partner. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>All to export: <\/strong>The project is expected to produce USD 200 mn worth of agri-food products annually during its first phase, and double that when its second phase is up and running, all of which will be exported, 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 timeline:<\/strong> The complex is expected to be operational within 18 months, with a plan to expand the capacity of the five factories and add more factories in a second phase. The complex is targeting B2B clients mainly in Europe, the US, and GCC. <\/p>\n\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\/zones\/\">ZONES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"78913\" 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=\"78913\">\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\/30\/grubtech-closes-usd-15-mn-series-b-round-as-it-plans-global-expansion\/\">\r\n                            GrubTech closes USD 15 mn series B round as it plans global 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\/30\/grubtech-closes-usd-15-mn-series-b-round-as-it-plans-global-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\/30\/grubtech-closes-usd-15-mn-series-b-round-as-it-plans-global-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\/30\/grubtech-closes-usd-15-mn-series-b-round-as-it-plans-global-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=GrubTech closes USD 15 mn series B round as it plans global expansion&url=https:\/\/enterpriseam.com\/logistics\/2024\/05\/30\/grubtech-closes-usd-15-mn-series-b-round-as-it-plans-global-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\/30\/grubtech-closes-usd-15-mn-series-b-round-as-it-plans-global-expansion\/&title=GrubTech closes USD 15 mn series B round as it plans global 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=GrubTech+closes+USD+15+mn+series+B+round+as+it+plans+global+expansion+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F05%2F30%2Fgrubtech-closes-usd-15-mn-series-b-round-as-it-plans-global-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\/30\/grubtech-closes-usd-15-mn-series-b-round-as-it-plans-global-expansion\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2467.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78914\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/30\/grubtech-closes-usd-15-mn-series-b-round-as-it-plans-global-expansion\/2467-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2467.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2467.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2467.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2467.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78913\" class=\"content-area-description single-story post-78913 post type-post status-publish format-standard has-post-thumbnail hentry category-startup-watch tag-startup-watch tag-supply-chains 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\/.f452205e-813c-4ac3-a21c-c87135af4fff.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dubai-based F&B platform <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.grubtech.com\/\" style=\"\" rel=\"noopener\">GrubTech<\/a><\/strong><strong> raised USD 15 mn in a series B funding round led <\/strong><strong>by KSA-based <\/strong><strong><a target=\"_blank\" href=\"https:\/\/jahezgroup.com\/about-us\/\" style=\"\" rel=\"noopener\">Jahez Group<\/a><\/strong><strong> \u2019s VC arm<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.prnewswire.com\/news-releases\/grubtech-raises-15-million-302155197.html\" style=\"\" rel=\"noopener\">press release<\/a>. The round also saw participation from existing investors US-based <a target=\"_blank\" href=\"https:\/\/addition.com\/\" style=\"\" rel=\"noopener\">Addition<\/a> and <a target=\"_blank\" href=\"https:\/\/www.oryxfund.com\/\" style=\"\" rel=\"noopener\">Oryx Fund<\/a>, Hambro Perks\u2019 MENA-focused VC.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Where will the money go? <\/strong>The company will pour the raised capital towards its expansion into Saudi Arabia, Europe, and the UK. In parallel with the expansions, the funds will go towards powering GrubTech\u2019s logistical operations by streamlining omnichannel, expediting delivery times, and accelerating sales growth. GrubTech also looks to enhance speed of services by 25% while also saving on operational expenses and reducing waste. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About GrubTech<\/strong>: Founded in 2019, GrubTech is a SaaS solution and commerce platform for the F&B sector and integrates online ordering to downstream applications such as POS, ERP, 3PL, and loyalty programs, the statement said. Active across 18 markets, Grubtech allows users to boost multi-channel sales and fulfillment, speed up deliveries, and increase efficiency while cutting back on waste.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/startup-watch\/\">STARTUP WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/supply-chains\/\">supply chains<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"78915 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"78915\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/30\/78915\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78915\" class=\"content-area-description single-story post-78915 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/transmar.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2700.jpg?ssl=1\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"78916\" 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=\"78916\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Also on Our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/30\/strata-lufthansa-technik-partner-on-aircraft-repair-plus-ev-charging-news-from-ksa-uae\/\">\r\n                            Strata, Lufthansa Technik partner on aircraft repair PLUS: EV charging news from KSA + UAE                        <\/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\/30\/strata-lufthansa-technik-partner-on-aircraft-repair-plus-ev-charging-news-from-ksa-uae\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" 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href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/30\/strata-lufthansa-technik-partner-on-aircraft-repair-plus-ev-charging-news-from-ksa-uae\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2476.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78917\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/30\/strata-lufthansa-technik-partner-on-aircraft-repair-plus-ev-charging-news-from-ksa-uae\/2476-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2476.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2476.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2476.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2476.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78916\" class=\"content-area-description single-story post-78916 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-egypt tag-electric-vehicles tag-oman tag-saudi-arabia 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\/.9368989f-e5cf-4f3c-9db1-cf6725cc84ab.mp3\"><\/audio><\/figure>\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>Strata + Lufthansa Technik partner on aircraft repair: <\/strong>Mubadala-owned composite aerostructures manufacturer Strata Manufacturing and global maintenance provider Lufthansa Technik\u2019s subsidiary <a target=\"_blank\" href=\"https:\/\/www.google.com\/search?q=lufthansa+technik+middle+east&sca_esv=e87395d15064fe37&ei=zUBXZtiSPLSwi-gPpve8gAU&gs_ssp=eJwFwUsKgCAQAFDaBh0hcNM6x3AMj9AtpnHsH0SGdfveK6t2agEmvPIHa9aFb_TbiY3OGh3QgozovH57tpEMOuYekRiGen9imum8SSXh-Vw2dSwh7KKE7vQDMxoawg&oq=Lufthansa+Technik+middle&gs_lp=Egxnd3Mtd2l6LXNlcnAiGEx1ZnRoYW5zYSBUZWNobmlrIG1pZGRsZSoCCAAyERAuGIAEGJECGMcBGIoFGK8BMgUQABiABDIFEAAYgAQyBhAAGBYYHjIGEAAYFhgeMgsQABiABBiGAxiKBTILEAAYgAQYhgMYigUyCxAAGIAEGIYDGIoFMgsQABiABBiGAxiKBTIIEAAYgAQYogQyIBAuGIAEGJECGMcBGIoFGK8BGJcFGNwEGN4EGOAE2AECSK0NUIkBWMgHcAF4AZABAJgBwwGgAecHqgEDMC43uAEByAEA-AEBmAIIoAK2CMICChAAGLADGNYEGEfCAg0QABiABBiwAxhDGIoFwgIZEC4YgAQYsAMY0QMYQxjHARjIAxiKBdgBAcICGRAuGIAEGLADGEMYxwEYyAMYigUYrwHYAQHCAgsQABiABBiRAhiKBcICCxAuGIAEGMcBGK8BmAMAiAYBkAYRugYGCAEQARgIugYGCAIQARgUkgcFMS42LjGgB_lO&sclient=gws-wiz-serp#:~:text=Main%20results-,Lufthansa%20Technik%20Middle%20East,https%3A\/\/www.lufthansa%2Dtechnik.com%20%E2%80%BA%20lht%2Dmiddle%2Deast,-Our%20team%20of\" style=\"\" rel=\"noopener\">Lufthansa Technik Middle East<\/a> (LTME) have collaborated to repair several aircraft parts made from composite materials, <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b3dpccf-strata-lufthansa-technik-collaborate-aircraft\" style=\"\" rel=\"noopener\">Wam<\/a> reports. <\/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\">RAIL-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Kuwait\u2019s cabinet briefed on Kuwait-Saudi railway:<\/strong> Kuwait\u2019s Public Works and Municipal Affairs Minister Noura Al Mashaan briefed Kuwait\u2019s cabinet on the Kuwait-Saudi Arabia railway project and its prospects for boosting trade and economic development, <a target=\"_blank\" href=\"https:\/\/english.aawsat.com\/gulf\/5025486-kuwaiti-cabinet-briefed-railway-connection-project-saudi-arabia-stresses-its\" style=\"\" rel=\"noopener\">Asharq Al Awsat<\/a> reports citing KUNA. The railway \u2014 which spans 650 km \u2014 will stretch from Kuwait\u2019s Al Shaddadiya to Riyadh and is expected to be completed in four years. It is also separate from another GCC railway initiative. Kuwait\u2019s Public Works Ministry closed an agreement on 16 November 2023 for studies on the financial, economic, and technical feasibility of the initiative, the outlet added.<\/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\">ELECTRIC VEHICLES-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>PIF-baked EV maker Lucid and the Electric Vehicle Infrastructure Company<\/strong><strong> (Eviq) will expand fast-charging infrastructure across Saudi<\/strong> after signing a \u201cstrategic MoU,\u201d <a target=\"_blank\" href=\"https:\/\/saudigazette.com.sa\/article\/643201\/BUSINESS\/Lucid-Group-EVIQ-partner-to-enhance-high-speed-EV-charging-infrastructure-in-Saudi-Arabia\" style=\"\" rel=\"noopener\">Saudi Gazette<\/a> reported. The partnership sees Lucid and Eviq developing fast EV charging stations. Information on the size, value and timeline of the project was not disclosed. Eviq \u2014 a JV between the PIF and Saudi Electricity \u2014 opened its first fast EV charging stations in Riyadh <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/947842bf-3d8b-4061-a8c5-4f649c02c790\" style=\"\" rel=\"noopener\">earlier this year<\/a>, with plans to set up over 5k fast chargers in some 1k locations across Saudi cities by 2030.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Eviq also signed a cooperation agreement with Riyadh Municipality development arm<\/strong> <strong><a target=\"_blank\" href=\"https:\/\/remat.sa\/en\/pages\/default.aspx\" style=\"\" rel=\"noopener\">Remat Al Riyadh Development<\/a><\/strong><strong> to install fast chargers<\/strong> across the Kingdom, it said in a <a target=\"_blank\" href=\"https:\/\/x.com\/Eviqsa\/status\/1795758004341481749\" style=\"\" rel=\"noopener\">post on X<\/a>. Eviq also signed an agreement with commercial real estate company <a target=\"_blank\" href=\"https:\/\/alandalus.com.sa\/\" style=\"\" rel=\"noopener\">Al Andalus Property<\/a> to install 10 new 50 kW EV stations in four malls across Riyadh and Jeddah, it <a target=\"_blank\" href=\"https:\/\/x.com\/Eviqsa\/status\/1795434204336988557\" style=\"\" rel=\"noopener\">said on X<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>OVER IN THE UAE- <\/strong><strong>Adnoc Distribution plans<\/strong><strong> to install 200 fast EV chargers by the end of the year across the <\/strong><strong>UAE<\/strong>, up from 90 currently, CEO Bader Saeed Al Lamki told Wam <a target=\"_blank\" href=\"https:\/\/wam.ae\/article\/13xtvgz-adnoc-distribution-targets-200-fast-charging\" style=\"\" rel=\"noopener\">(watch, runtime: 5:58)<\/a> on the sidelines of Make it in the Emirates. It will expand its network of fuel stations in the UAE, Egypt, and KSA, as part of its five-year growth and expansion plan. The target is to have 500 fast charging points across the country by 2028, he added.<\/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>Bahrain launches first flights to China:<\/strong> Bahrain\u2019s Gulf Air has begun operating direct flights to China\u2019s Shanghai Pudong International Airport, and intends to launch flights to China's Guangdong Province. (<a target=\"_blank\" href=\"https:\/\/news.cgtn.com\/news\/2024-05-29\/Bahrain-launches-first-direct-flight-to-China-1u01rg8VhMA\/p.html\" style=\"\" rel=\"noopener\">CGTN<\/a>)<\/li>\n<li><strong>Oman launches first direct flights to Cairo:<\/strong> Oman\u2019s Salam Air will operate three direct flights a week from Muscat to Cairo\u2019s Sphinx Airport starting 15 June. (<a target=\"_blank\" href=\"https:\/\/timesofoman.com\/article\/146041-salam-air-to-operate-direct-flights-from-muscat-to-cairo\" style=\"\" rel=\"noopener\">Times of Oman<\/a>)<\/li>\n<li><strong>LOT heads to Riyadh<\/strong><strong>:<\/strong> Poland\u2019s LOT Airlines will begin operating three weekly flights between Riyadh and Warsaw beginning Tuesday, 4 June, the General Authority of Civil Aviation. (<a target=\"_blank\" href=\"https:\/\/x.com\/ksagaca\/status\/1795753314321363371\" style=\"\" rel=\"noopener\">X, formerly known as Twitter<\/a>)<\/li>\n<\/ul>\n\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\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/electric-vehicles\/\">ELECTRIC VEHICLES<\/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\/saudi-arabia\/\">Saudi Arabia<\/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=\"78918\" 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=\"78918\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Around the World<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/30\/dhl-supply-chain-heads-to-germany-australia-partners-with-the-eu-on-minerals-southeast-asian-economies-benefit-from-us-china-tension\/\">\r\n                            DHL Supply Chain heads to Germany, Australia partners with the EU on minerals, Southeast Asian economies benefit from US-China tension                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n          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class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2475.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78919\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/30\/dhl-supply-chain-heads-to-germany-australia-partners-with-the-eu-on-minerals-southeast-asian-economies-benefit-from-us-china-tension\/2475-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2475.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2475.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2475.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2475.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78918\" class=\"content-area-description single-story post-78918 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-dhl tag-trade wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/5\/.c6c0a08a-fd9d-4547-af97-b38029b2d245.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DHL Supply Chain logistic facility comes to Germany:<\/strong> DHL Supply Chain is set to open a new carbon-neutral 34k sqm logistics facility at Germany\u2019s Halle (Saale) at the start of 4Q 2024, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/5\/2433.pdf\" style=\"\" rel=\"noopener\">press release<\/a>. The new center \u2014 which can handle nearly 55k pallet spaces \u2014 is an expansion of the company\u2019s current operational capacities at the multi-user campus in Leipzig\/Halle. Situated next to several modes of transport, the new facility will offer space for customers requiring logistics operations in Germany, Europe, or across the globe. <\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A<\/strong><strong>ustralia + EU ink mineral agreement<\/strong><strong>:<\/strong> Australia has inked an agreement with the EU to bolster cooperation and investment in critical minerals, which is set to be followed by joint development of actions over the next six months to improve cooperation on critical mineral projects, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-05-28\/eu-australia-sign-critical-minerals-pact-to-diversify-supply-chains\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports. The two sides will look to boost investment through JVs and research and innovation. This agreement aims to counter China\u2019s control over the supply chains for materials used for high-tech and green manufacturing, as well as to ensure the EU has a more sustainable supply of critical raw materials.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Australia has large amounts of untapped mineral deposits<\/strong> and it is looking to build up its domestic industry, EU Commissioner for Trade Valdis Dombrovskis said. In recent years, the US and its allies have been actively seeking alternative suppliers for crucial minerals like lithium, cobalt, and nickel. These minerals are essential for manufacturing various equipment, from computer chips and solar panels to military hardware. With China dominating much of the supply, there's concern that the US could face export limitations, especially amid the escalating strategic rivalry between Washington and Beijing.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>US-China tensions may be a boon for Southeast Asian economies:<\/strong> More and more companies are shifting their production base in order to avoid tariffs and other trade barriers, which may lead to doubled exports from some Southeast Asian economies over the next six years, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/newsletters\/2024-05-29\/supply-chain-latest-exports-from-southeast-asia?srnd=economics-trade\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports. The main countries benefiting from the shift away from China are India, Vietnam, Malaysia, and Mexico, the outlet writes, citing a report from Nomura. \u201cWith US-China trade tensions intensifying, firms are looking to reduce their over-reliance on China and diversify supply chains, or are shifting production to bypass trade restrictions and hedge against the risk of further sanctions,\u201d analysts said. Vietnam's exports are expected to double to USD 750 bn a year by 2030, and Malaysia\u2019s will reach USD 652 bn, according to Nomura.<\/p>\n\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\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"78920\" 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=\"78920\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">On Your Way Out<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/30\/saudi-arabia-will-test-blue-and-white-roads-in-riyadh-to-cool-down\/\">\r\n                            Saudi Arabia will test blue and white roads in Riyadh to cool down                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/30\/saudi-arabia-will-test-blue-and-white-roads-in-riyadh-to-cool-down\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The experiment was announced at the launch of the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/54ea33f0-d085-408e-b06e-cce4ba02b337\/today:-kezad-and-dmb-expand-lease-agreement-%2B-cargo-deliveries-to-space\" style=\"\" rel=\"noopener\">Saudi Road Code<\/a> in Riyadh.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Qatar has tried something similar: <\/strong>Qatar\u2019s Public Works Authority (Ashghal) implemented a <a target=\"_blank\" href=\"https:\/\/www.ashghal.gov.qa\/en\/MediaHub\/News\/Pages\/Ashghal-completes-the-works-of-cool-pavement-paint.aspx\" style=\"\" rel=\"noopener\">pilot project in 2019<\/a> where it used a material on asphalt that reflects solar radiation. The project involved applying a cryogenic material on 200 meters of asphalt on Abdullah bin Jassim Street near Souq Waqif. Traditional asphalt absorbs some 80% to 95% of UV rays, while \u201ccooling pavement\u201d reflects these rays, according to Ashgal. The material also reduces vehicle tire friction, can extend road life, and improves air quality by lowering air temperatures in residential areas. <\/p>\n\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\/on-your-way-out\/\">ON YOUR WAY OUT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/roads\/\">roads<\/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=\"78922\" 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\/30\/78922\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78922\" class=\"content-area-description single-story post-78922 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>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;\">2026<\/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>2026 UNCTAD Global Supply Chains Forum, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">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\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>New aviation manufacturing for Morocco. UAE ?South Korea. Egypt\u2019s first ship breaking yard. GrubTech wants to go global.<\/p>\n","protected":false},"featured_media":78900,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-78899","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"af6d310e-bf2e-4b5d-aec2-016b2f7d6fef","teaser":"New aviation manufacturing for Morocco. UAE ?South Korea. Egypt\u2019s first ship breaking yard. GrubTech wants to go global.","photo_url":"https:\/\/ent.news\/2024\/1\/1229.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>UAE + South Korea finalize CEPA agreement, sign transport agreements - 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\/uae-south-korea-finalize-cepa-agreement-sign-transport-agreements\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UAE + South Korea finalize CEPA agreement, sign transport agreements\" \/>\n<meta property=\"og:description\" content=\"New aviation manufacturing for Morocco. UAE ?South Korea. Egypt\u2019s first ship breaking yard. 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