{"id":78941,"date":"2024-06-03T00:00:00","date_gmt":"2024-06-03T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=78941"},"modified":"2025-12-15T14:44:45","modified_gmt":"2025-12-15T14:44:45","slug":"uaes-east-africa-gateway-snaps-up-95-stake-in-tanzanian-container-terminal","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/uaes-east-africa-gateway-snaps-up-95-stake-in-tanzanian-container-terminal\/","title":{"rendered":"UAE\u2019s East Africa Gateway snaps up 95% stake in Tanzanian container terminal"},"content":{"rendered":"<section id=\"78943\" 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=\"78943\">\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\/06\/03\/today-eagl-snaps-up-95-of-ticts-ksa-launches-new-ring-road\/\">\r\n                            TODAY: EAGL snaps up 95% of Ticts + KSA launches new ring road                        <\/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\/06\/03\/today-eagl-snaps-up-95-of-ticts-ksa-launches-new-ring-road\/\" 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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Shortfalls in aircraft deliveries, restrictions on flight routes due to conflicts, disruptions to supply chains, fuel charges, and other constraints to meeting the surge in post-Covid travel demand will be the focus of discussions at the IATA meeting, an industry expert told <a target=\"_blank\" href=\"https:\/\/www.thenationalnews.com\/business\/aviation\/2024\/06\/01\/global-airlines-gather-in-dubai-to-tackle-climate-goals-supply-chain-woes-and-war-impact\/\" style=\"\" rel=\"noopener\">The National<\/a> on Friday. Airlines will also hold talks on how to meet net-zero 2050 goals, including access to sustainable aviation fuel (SAF), the outlet said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Shortages are expected to continue in the short term:<\/strong> Supply chain problems, including aircraft delivery shortfalls, lack of spare parts, and personnel shortages that first became apparent during the pandemic are expected to continue for at least another two years, GE Aerospace CEO and Chairman Larry Culp told <a target=\"_blank\" href=\"https:\/\/www.thenationalnews.com\/business\/aviation\/2024\/06\/01\/next-boeing-ceo-to-focus-on-long-term-product-strategy-ge-aerospace-boss-says\/\" style=\"\" rel=\"noopener\">the National<\/a> on Saturday ahead of the IATA event. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Emirates is \u201cextremely exasperated\u201d with delivery delays from Boeing,<\/strong> Emirates President Tim Clark told Bloomberg (<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/videos\/2024-06-02\/emirates-clark-on-air-travel-demand-dnata-boeing\" style=\"\" rel=\"noopener\">watch, runtime: 18:35<\/a>). Boeing will likely need some five years to get out of its current slump and won\u2019t succeed in regaining market share across all aircraft variants, Clark said. The delay has prompted Emirates to expand the retrofitting of its Boeing 777 fleet, resulting in a cost increase from USD 2 bn to USD 3.5 bn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Emirates is cautious about ordering more Airbus A350s due to engine performance concerns<\/strong>, he added. \u201cIt\u2019s a great plane,\u201d he said regarding the A350 model. \u201cBut you\u2019ve got to get it somewhere where you can put your hand on your heart,\u201d he said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IATA wants governments to remove barriers to airlines repatriating revenues: <\/strong>IATA noted a 28% y-o-y decrease in funds blocked from repatriation by governments to USD 1.8 bn by the end of April, according to a <a target=\"_blank\" href=\"https:\/\/www.iata.org\/en\/pressroom\/2024-releases\/2024-06-02-01\/\" style=\"\" rel=\"noopener\">statement<\/a>. \u201cThe reduction in blocked funds is a positive development,\u201d IATA Director General Willie Walsh said, adding that fund repatriation is protected by bilateral agreements and is necessary to carrier operations. Much of the improvement was attributed to Nigeria, which cleared obstacles to repatriating 98% of USD 850 mn in blocked funds. Egypt also cleared substantial funds for repatriation. Eight countries still account for 87% of blocked funds remaining, including Algeria at USD 286 mn, and Lebanon at USD 129 mn, IATA said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Safety was also brought up: <\/strong>\u201cSafety foundations need to be addressed. 42 states in Africa and 5 states in the Middle East are below the effective implementation of <a target=\"_blank\" href=\"https:\/\/www.icao.int\/about-icao\/AirNavigationCommission\/Pages\/how-icao-develops-standards.aspx\" style=\"\" rel=\"noopener\">ICAO standards<\/a>,\u201d IATA\u2019s Regional VP for Africa and Middle East Kamil Alawadhi <a target=\"_blank\" href=\"https:\/\/x.com\/IATA\/status\/1797226174998823222?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet\" style=\"\" rel=\"noopener\">said<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">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=\"wwtt2\"><\/a>#1- Opec+ decided to <\/strong><strong>extend crude oil production cuts during its meeting in Riyadh yesterday<\/strong>, it said in <a target=\"_blank\" href=\"https:\/\/www.opec.org\/opec_web\/en\/press_room\/7337.htm\" style=\"\" rel=\"noopener\">a statement<\/a>. The alliance will keep in place current production cuts of 3.66 mn barrels per day (bbl \/ d) until the end of this September, before beginning to \u201cphase out the cuts of 2.2 mn bbl \/ d over the course of a year from October 2024 to September 2025,\u201d <strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/opec-seen-prolonging-cuts-2024-into-2025-two-sources-say-2024-06-02\/\" style=\"\" rel=\"noopener\">Reuters<\/a><\/strong> reports. The group is scheduled to meet again on Sunday, 1 December 2024. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The bottom line: <\/strong>\u201cWe are waiting for interest rates to come down and a better trajectory when it comes to economic growth \u2026 not pockets of growth here and there,\u201d Saudi Energy Minister Prince Abdulaziz bin Salman said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE has also been granted a higher production quota of 3.5 mn barrels per day in 2025<\/strong>, up from the current 2.9 mn. This came despite the group pushing the deadline for an independent assessment of its members\u2019 production capacities to November 2025 from this June, with the figures to be used as guidance for 2026 reference production levels.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>The UAE has been <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/fed426d3-64e3-48f2-af73-fc826d9885a4\/uae-economy-to-be-a-top-performer-in-the-gcc-this-year-%25e2%2580%2593world-bank\" style=\"\" rel=\"noopener\">hoping<\/a> to increase its capacity, and is on track to hit its 5 mn barrels per day (bbl \/ d) oil capacity target \u2014 originally set for 2027 \u2014 by the end of 2025 or early 2026. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>BACKGROUND- <\/strong>Brent crude prices have been falling \u201camid a fragile economic outlook in top consumer China and doubts about the pace of interest-rate reductions in major industrialized economies,\u201d <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-06-02\/opec-has-outline-deal-extending-key-oil-production-cuts?srnd=homepage-middle-east\" style=\"\" rel=\"noopener\">Bloomberg<\/a> writes. Brent crude has fallen some 11% since early April, to trade at USD 81.11 a barrel. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN CONTEXT- <\/strong>Opec+ has largely stuck to a total of 5.9 mn bbl \/ d worth of cuts, Reuters notes, in a bid to prop up prices against a backdrop of <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/617757b3-5a94-4c5d-ba91-5dc52691ab50\/sama-confirms-founding-day,-eid-holidays-%2B-ramadan-work-hours\" style=\"\" rel=\"noopener\">waning demand from China<\/a> and higher US <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/22dfbf48-e5d5-40bc-b602-ba121a6c438b\/oil-ministry%25e2%2580%2599s-strategy-to-focus-on-price-management-in-2024-2025,-but-its-long-term-outlook-on-demand-is-unchanged--report\" style=\"\" rel=\"noopener\">shale production<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The story grabbed ink in <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/opec-seen-prolonging-cuts-2024-into-2025-two-sources-say-2024-06-02\/\" style=\"\" rel=\"noopener\">Reuters<\/a><\/strong><strong>, <\/strong><strong><a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/opec-oil-prices-saudi-arabia-e806f1609df71b5bef4ee6c9b5199df0\" style=\"\" rel=\"noopener\">AP<\/a><\/strong><strong>, <\/strong> <strong><a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-06-02\/opec-has-outline-deal-extending-key-oil-production-cuts\" style=\"\" rel=\"noopener\">Bloomberg<\/a><\/strong><strong>, and <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2024\/06\/02\/opec-oil-group-awaits-concrete-interest-rate-cuts-before-factoring-impact-on-demand-saudi-energy-minister.html?&qsearchterm=Saudi\" style=\"\" rel=\"noopener\">CNBC<\/a><\/strong><strong>.<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- PIF-owned Riyadh Air is looking to expand its partnership network<\/strong> and is set to close an agreement in the coming days with a major southeast Asian carrier, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-06-02\/riyadh-air-set-to-deepen-partnership-accords-with-more-airlines\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports, citing people it says are familiar with the plan. Riyadh Air is also working towards securing agreements with an Indian long-haul flight carrier as well as a US airline, according to Bloomberg, which stopped short of naming the carriers Riyadh Air is speaking with.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a>#3- Dubai\u2019s RTA unveils AED 16.8 bn land transport strategy: <\/strong>Dubai\u2019s Roads and Transport Authority (RTA) has unveiled a new roadmap that looks to boost the land transport and logistics sector\u2019s contribution to Dubai\u2019s economy to AED 16.8 bn, increase technology adoption by 75%, cut carbon emissions by 30%, and improve operational efficiency by 10%, according to a <a target=\"_blank\" href=\"https:\/\/mediaoffice.ae\/en\/news\/2024\/june\/02-06\/rta-strategy\" style=\"\" rel=\"noopener\">statement<\/a>. The authority has identified 17 projects in its pipeline that include digitization, a heavy freight services platform, construction equipment rental services, road freight data centers, and updates to trucking fleets. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- <\/strong><strong>Kuwait awards road + infrastructure contracts: <\/strong>Kuwait\u2019s <a target=\"_blank\" href=\"https:\/\/www.pahw.gov.kw\/Arab-logo\" style=\"\" rel=\"noopener\">Public Authority for Housing<\/a><a target=\"_blank\" href=\"https:\/\/www.pahw.gov.kw\/Arab-logo\" style=\"\" rel=\"noopener\">Welfare<\/a> (PAHW) has awarded contracts worth some KWD 173.5 mn (USD 564 mn) for the construction of road and infrastructure works, <a target=\"_blank\" href=\"https:\/\/tradearabia.com\/news\/CONS_422745.html\" style=\"\" rel=\"noopener\">Trade Arabia<\/a> reports. The contracts will see the preparation of roadways and infrastructure for 13.8k residential units to be located in Sabah Al Ahmad City, south of Kuwait City, the outlet said. A KWD 93.7 contract was awarded to China State Construction Engineering Corporation, with a second going to Sinohydro Corporation, after both outfits emerged as the lowest bidders. The project will be completed by both firms within 900 days, Deputy Director General for Oversight and Information Systems Affairs Amina Abdul Karim Al Awadhi said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO-<\/strong> <strong>The Kuwait-Saudi High Steering Committee has given the green light for a <\/strong><strong>feasibility study on the Ku<\/strong><strong>waiti-Saudi railway<\/strong><strong>,<\/strong> <a target=\"_blank\" href=\"https:\/\/www.kuna.net.kw\/ArticleDetails.aspx?id=3157263&language=ar\" style=\"\" rel=\"noopener\">Kuna<\/a> reported on Thursday, citing statements by Kuwait\u2019s Minister of Public Works and Minister of State for Municipal Affairs Noura Al Meshaan. The joint steering committee meets on an almost daily basis with teams managing the railroad project, Al Meshaan added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#5- Morocco is lining up a tender for a floating LNG terminal at Nador West Med port <\/strong><strong>this summer,<\/strong> <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/morocco-tender-floating-lng-terminal-official-says-2024-05-31\/#:~:text=RABAT%2C%20May%2031%20(Reuters),and%20gas%20said%20on%20Friday.\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Friday, citing comments made by Moroccan energy ministry head of oil and gas Abdelghafour El Hadjaoui. Morocco is looking to close a financial agreement on the project in 2025, with construction, commissioning, and commercial operations due to begin in 2026, El Hadjaoui said. The terminal will connect to an existing pipeline that facilitates the import of 0.5 bn cubic meters of LNG per year from Spanish terminals, and which Morocco intends to connect to gas fields under development in the east and west of the country. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background:<\/strong> We first got wind of the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/223e1268-c930-4aff-a1be-4581594bb857\/morocco-eyes-lng-terminal-and-other-lng-trade-infrastructure\" style=\"\" rel=\"noopener\">initiative in early April<\/a>, amid reports that it will be integrated with the Maghreb Europe Gas (MEG) undersea pipeline carrying gas from Africa to Europe.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#6- AD Ports inked an MoU with the Economic Development Board of Madagascar to explore <\/strong><strong>investments in the maritime, industry and logistics sectors<\/strong> in Madagascar, <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b3ew81i-ports-group-economic-development-board-madagascar\" style=\"\" rel=\"noopener\">Wam<\/a> reported on Thursday. The two sides will look at potential cooperation on economic cities and freezones, ports, marina and cruise port facilities, digitizing logistics and maritime services, developing the fisheries sector, and the development of a maritime academy. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#7- D<\/strong><strong>eutsche Bahn narrows DB Schenker bidding pool to four:<\/strong> Deutsche Bahn has chosen Maersk, DSV, Saudi national shipping carrier Bahri, and CVC\u2019s consortium with Abu Dhabi Investment Authority (ADIA) and GIC for the final round of bidding for its logistics subsidiary DB Schenker, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/autos-transportation\/deutsche-bahn-schenker-takes-cvc-maersk-dsv-bahri-into-final-round-sources-say-2024-05-29\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported last week, citing sources with knowledge of the matter. Final bids will be submitted in July, two sources said. Bids last week ranged from EUR 14 bn to EUR 15 bn, with proceeds from the sale earmarked for paying down the railway operator\u2019s EUR 34 bn debt, the newswire said. A final agreement is expected to be inked this year, with the sale expected to be finalized next year. CVC <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/12f996af-688c-4eae-a397-a04ea638ba05\" style=\"\" rel=\"noopener\">tapped ADIA<\/a> to join its bid for DB Schenker less than two weeks ago. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">MARKET WATCH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Oil prices <\/strong><strong>remained steady this morning as investors mull over the decision by Opec+ to <\/strong><strong>extend deep production cuts into 2025<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/oil-prices-slip-despite-opec-production-cut-extension-2024-06-03\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Friday. Brent crude futures for August ticked down 0.05% to USD 81.07 a barrel, while US West Texas Intermediate (WTI) futures for July slipped 0.01% to USD 76.98 a barrel. \"The communication of a surprisingly detailed default plan to unwind extra cuts makes it harder to maintain low production if the market turns out softer than bullish OPEC expectations,\" Goldman Sachs analysts told the newswire.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Baltic index gains, buoyed by capesize demand:<\/strong> The Baltic Exchange\u2019s dry bulk sea freight index \u2014 which tracks rates for the capesize, panamax, and supramax vessel segments \u2014 was up 0.8% at 1,815 points on Friday, rising on the back of boosted demand in the capesize segment and logging a monthly gain, <a target=\"_blank\" href=\"https:\/\/www.hellenicshippingnews.com\/baltic-index-logs-monthly-rise-on-strong-capesize-demand\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Saturday. Capesize rose 2.6% to 2,820 points, while the panamax subindex dipped 1.5% to 1,693 points. Meanwhile, the smaller supramax segment ticked down 0.6% at 1,278 points, the newswire 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>I<\/strong><strong>raq\u2019s oil exports in April amounted to 102.4 mn <\/strong><strong>barrels,<\/strong> according to an oil ministry <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/ministryofoil201\/posts\/pfbid02BSpowNDP42vSKPKQ7638fpfuGooFsowd8qQTMkTtY4amcFYL5PcewuFC4r2FeJ5Al\" style=\"\" rel=\"noopener\">statement<\/a> released last week. Exports from oil fields in central and southern Iraq amounted to 100.9 mn barrels, while exports from Qayyarah field reached some 1 mn barrels, and exports to Jordan hit 449k barrels, the statement said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Oman\u2019s airports saw a 12.3% y-o-y increase in aircraft movements to 36k in <\/strong><strong>the <\/strong><strong>first four months of 2024,<\/strong> <a target=\"_blank\" href=\"https:\/\/www.muscatdaily.com\/2024\/05\/29\/oman-handles-5mn-air-passengers-in-first-4-months-of-24\/\" style=\"\" rel=\"noopener\">Muscat Daily<\/a> reported on Thursday, citing data from the National Centre for Statistics and Information (NCSI). Muscat International Airport saw a 12.4% increase at 32.5k international and domestic flights, while Salalah also saw aircraft movements bump up to 3.1k, the outlet said. Meanwhile, total passenger numbers gained 16.4% during the period to 4.9 mn passengers. Muscat International Airport witnessed a 16.8% y-o-y boost in passenger traffic to 4.4 mn passengers, with Salalah Airport and Sohar Airports also seeing passenger numbers tick up 9.9% and 295% at 429k and 22.4k, the outlet also said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Qatari port authority (Mwani) handled 123.5k TEUs in May, up 30% <\/strong><strong>y-o-y,<\/strong> according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/MOTCQATAR\/posts\/pfbid02JwUzgAFuAHxebxrW81Q3Asxo7JNvVkyKuq5raCjerU1GmoF6WFKR5VLzWXTbRU97l\" style=\"\" rel=\"noopener\">statement<\/a>. The port operator also processed 213.5k tons of cargo, 10.6k roro units, and 58.3k heads of livestock during the period, up 158%, 71%, and 19%, the statement said. Meanwhile, the number of vessels calling at the port stood at 242, up 7% when compared to May last year. <\/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\">PSA-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Qatar\u2019s Transport Ministry has inaugurated a new marine vessel registration office <\/strong><strong>at Ruwais,<\/strong> according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/MOTCQATAR\/posts\/pfbid0QTMne4DYRyvUoEx8UrAVdFsgXECNGw33ecDoysS1TPD8jSLDsu3jBDpRSLKZ78Lil\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. The office will offer essential services for the registration and the renewal of registrations for vessels. Offices offering similar services are available at Al Khor, Doha\u2019s old port, and the ministry\u2019s HQ, the statement also said. <\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"logistics\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p style=\"padding:0;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 to 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\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n          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role=\"list\" data-label=\"Slide %%d\"><\/div><\/div><\/div>\r\n        <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"78946\" 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=\"78946\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">M&amp;A Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/06\/03\/uaes-east-africa-gateway-snaps-up-95-stake-in-tanzanian-container-terminal\/\">\r\n                            UAE\u2019s East Africa Gateway snaps up 95% stake in Tanzanian container terminal                        <\/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\/06\/03\/uaes-east-africa-gateway-snaps-up-95-stake-in-tanzanian-container-terminal\/\" 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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class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78947\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/06\/03\/uaes-east-africa-gateway-snaps-up-95-stake-in-tanzanian-container-terminal\/196-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/196.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"196.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/196.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/196.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78946\" class=\"content-area-description single-story post-78946 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch-2 tag-ma-watch tag-ports 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\/6\/.a886bb5a-c0f7-4cd1-9a96-bba982eaca75.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Adani lands in Tanzanian waters: <\/strong>UAE-based East Africa Gateway (EAGL), a subsidiary of Indian port operator Adani Ports and Special Economic Zone (APSEZ), has signed a share purchase agreement to acquire 95% of <a target=\"_blank\" href=\"https:\/\/ticts.simplybook.me\/v2\/\" style=\"\" rel=\"noopener\">Tanzania International Container Terminal Services<\/a> (Ticts) for USD 39.5 mn from Hutchison Port Holdings and Harbors Investments, according to a <a target=\"_blank\" href=\"https:\/\/www.adaniports.com\/Newsroom\/Media-Releases\/Adani-Ports-signs-30-year-concession-to-operate-Container-Terminal-2-at-Dar-es-Salaam-Port\" style=\"\" rel=\"noopener\">statement<\/a> released on Friday. The acquisition is part of a 30-year concession agreement between Adani International Ports Holdings and Tanzania Port Authority to manage and operate Container Terminal 2 at Tanzania\u2019s Dar es Salaam Port, the statement notes. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This marks Adani\u2019s first container terminal in Africa,<\/strong> and the company\u2019s third international port acquisition. Adani purchased Israel\u2019s Haifa Port from the government in a <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/adani-led-group-completes-purchase-israels-haifa-port-2023-01-10\/\" style=\"\" rel=\"noopener\">USD 1.15 bn transaction<\/a> last year and snapped up development rights for a <a target=\"_blank\" href=\"https:\/\/www.adaniports.com\/newsroom\/media-releases\/adani-ports-bolsters-its-global-footprint-with-colombo-ports-west-container-terminal\" style=\"\" rel=\"noopener\">terminal currently being built<\/a> at Sri Lanka\u2019s Colombo Port. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why is this important?<\/strong> CT2 is located at Dar es Salaam Port, a trade gateway with links to key road and railway networks. CT2 has four berths, with an annual cargo handling capacity of 1 mn TEUs. The terminal managed 0.82 mn container TEUs in 2023, which is estimated to be 83% of Tanzania's total container volumes. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EAGL has been <\/strong><strong>eyeing<\/strong><strong> Ticts for some time: <\/strong>Tanzania\u2019s Fair Competition Commission (FCC) was <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/83b4fafe-8021-437b-ba4b-8a5db9afefdc\" style=\"\" rel=\"noopener\">reportedly investigating the feasibility<\/a> of this acquisition earlier this year to ensure that it would not harm competition in the sector. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Adani is already established at the port: <\/strong>The Indian conglomerate runs four container and handling berths at Dar es Salaam under five-year agreements with TICTS, and <a target=\"_blank\" href=\"https:\/\/www.adports.ae\/ad-ports-group-and-adani-ports-and-sez-ltd-sign-mou-for-joint-infrastructure-investments-in-tanzania\/\" style=\"\" rel=\"noopener\">inked an MoU<\/a> with AD Ports in 2022 to invest in logistics infrastructure in Tanzania \u2014 including maritime services, port operations, rail infrastructure, digital services, and an industrial zone. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/ma-watch\/\">M&amp;A WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/ports\/\">PORTS<\/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=\"78948\" 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=\"78948\">\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\">Roads<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/06\/03\/ksa-inaugurates-second-sar-660-mn-jeddah-ring-road\/\">\r\n                            KSA inaugurates second SAR 660 mn Jeddah ring road                        <\/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\/06\/03\/ksa-inaugurates-second-sar-660-mn-jeddah-ring-road\/\" 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\/06\/03\/ksa-inaugurates-second-sar-660-mn-jeddah-ring-road\/')\">\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\/06\/03\/ksa-inaugurates-second-sar-660-mn-jeddah-ring-road\/\">\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=KSA inaugurates second SAR 660 mn Jeddah ring road&url=https:\/\/enterpriseam.com\/logistics\/2024\/06\/03\/ksa-inaugurates-second-sar-660-mn-jeddah-ring-road\/\">\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\/06\/03\/ksa-inaugurates-second-sar-660-mn-jeddah-ring-road\/&title=KSA inaugurates second SAR 660 mn Jeddah ring road\">\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=KSA+inaugurates+second+SAR+660+mn+Jeddah+ring+road+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F06%2F03%2Fksa-inaugurates-second-sar-660-mn-jeddah-ring-road%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\/06\/03\/ksa-inaugurates-second-sar-660-mn-jeddah-ring-road\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/194.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78949\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/06\/03\/ksa-inaugurates-second-sar-660-mn-jeddah-ring-road\/194-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/194.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"194.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/194.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/194.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78948\" class=\"content-area-description single-story post-78948 post type-post status-publish format-standard has-post-thumbnail hentry category-roads tag-infrastructure tag-projects tag-roads tag-saudi-arabia tag-transport 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\/6\/.488493e1-eeb1-4d02-b213-bbb5fbb2e3e4.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Jeddah gets a second ring road:<\/strong> KSA has inaugurated a second ring road in Jeddah worth USD 176 mn (SAR 660 mn) and spanning a total of 113 km, <a target=\"_blank\" href=\"https:\/\/saudigazette.com.sa\/article\/643237\/SAUDI-ARABIA\/Transport-minister-opens-2nd-nbspRing-Road-costing-SR660-million-in-Jeddah-nbsp\" style=\"\" rel=\"noopener\">Saudi Gazette<\/a> reported on Friday. The project comes as part of the Kingdom\u2019s drive to upgrade its roads and boost connectivity with the region, the outlet said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>The road project has four lanes in each direction and includes five intersections, 11 bridges, and 50 crossings. A 31 km stretch of the road from King Faisal Road to the Prince Mohammad bin Salman Corridor on the Jeddah-Makkah Expressway will be managed by the Roads General Authority (RGA), with the remaining 82 km section operated under the jurisdiction of the Jeddah Mayoralty, the Saudi Gazette explained.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The project comes as part of the strategic projects in Makkah,<\/strong> and looks to connect Jeddah\u2019s south with its north. It also looks to alleviate traffic congestion as it shifts the movements of trucks and heavy transport away from the city, while also boosting safety and bolstering road connections to enable economic and logistics movements, the outlet added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>RGA is doubling down on safety: <\/strong>The authority eyes sixth placement in the global road quality index by 2030, while also looking to curb the numbers of deaths due to road accidents to five cases in every 100k via upgrades to safety. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Saudi Arabia kicked off eight new road developments worth <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/45c70ee7-f7ce-43b1-85c4-2c11de551959\/ksa-launches-eight-new%253cmark%253e-road%253c%2Fmark%253e-development-projects-to-boost-logistics-competitiveness\" style=\"\" rel=\"noopener\">SAR 495 mn<\/a> in January, in a bid to boost the Kingdom\u2019s connectivity and wider logistics competitiveness. The country also launched seven road infrastructure developments worth <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/dcce23d2-bd5c-4d57-9080-9edf3c5b3939\/ksa-inaugurates-sar-243-mn%253cmark%253e-road%253c%2Fmark%253e-infrastructure-development-projects-in-al-madinah\" style=\"\" rel=\"noopener\">SAR 243 mn<\/a> in Al Madinah last year.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/infrastructure\/\">INFRASTRUCTURE<\/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                            <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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/transport\/\">transport<\/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=\"78950 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=\"78950\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/06\/03\/78950\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78950\" class=\"content-area-description single-story post-78950 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/yanmuparks.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/425.jpg?ssl=1\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"78951\" 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=\"78951\">\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\">Data Centers<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/06\/03\/khazna-aido-partner-on-30-mw-mafraq-data-center\/\">\r\n                            Khazna + AIDO partner on 30 MW Mafraq data center                        <\/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\/06\/03\/khazna-aido-partner-on-30-mw-mafraq-data-center\/\" 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\/06\/03\/khazna-aido-partner-on-30-mw-mafraq-data-center\/')\">\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\/06\/03\/khazna-aido-partner-on-30-mw-mafraq-data-center\/\">\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=Khazna + AIDO partner on 30 MW Mafraq data center&url=https:\/\/enterpriseam.com\/logistics\/2024\/06\/03\/khazna-aido-partner-on-30-mw-mafraq-data-center\/\">\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\/06\/03\/khazna-aido-partner-on-30-mw-mafraq-data-center\/&title=Khazna + AIDO partner on 30 MW Mafraq data center\">\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=Khazna+%2B+AIDO+partner+on+30+MW+Mafraq+data+center+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F06%2F03%2Fkhazna-aido-partner-on-30-mw-mafraq-data-center%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\/06\/03\/khazna-aido-partner-on-30-mw-mafraq-data-center\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/191.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78952\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/06\/03\/khazna-aido-partner-on-30-mw-mafraq-data-center\/191-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/191.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"191.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/191.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/191.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78951\" class=\"content-area-description single-story post-78951 post type-post status-publish format-standard has-post-thumbnail hentry category-data-centers tag-data-centers 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\/6\/.793189b9-ee90-4436-9d3a-99095986d4aa.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>UAE-based Khazna Data Centers has partnered with Abu Dhabi Investment <\/strong><strong>Office <\/strong><strong>(A<\/strong><strong>DIO) to establish an advanced data center in Mafraq<\/strong><strong>, <\/strong>according to a <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/economy\/abu-dhabi-investment-office-collaborates-with-khazna-to-build-advanced-data-centre-under-musataha-programme\/\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. The Mafraq facility \u2014 which will have an initial 30 MW capacity \u2014 is slated to be operational in 2026 and looks to meet accelerating demand for data centers in the UAE and across the region, while also emphasizing sustainability in operations, the statement said. The initiative will also see Khazna benefit from government owned land in accordance with ADIO\u2019s Musataha agreement. No investment ticket was disclosed as part of the statement.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What is the Musataha agreement, anyway? <\/strong>The framework allows investors to leverage government-owned property for long term investments that promote a knowledge-based economy, ADIO said. Khazna will build and operate the data center as part of a long-term lease that will generate economic growth and boost jobs. ADIO serves as a conduit for local and international outfits to access Abu Dhabi\u2019s landbank, and has enabled 132 Musataha agreements since late 2021, the statement added. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Khazna is well established in the UAE data center sector: <\/strong>The outfit operates 12 data centers across the UAE and has another 12 in the pipeline for the next two years. Khazna is eyeing a total 300 MW capacity at its UAE data centers.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/data-centers\/\">DATA CENTERS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/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=\"78953\" 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=\"78953\">\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\">STORAGE + WAREHOUSES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/06\/03\/taziz-inks-31-agreements-for-lia-tenants\/\">\r\n                            Ta\u2019ziz inks 31 agreements for LIA tenants                        <\/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\/06\/03\/taziz-inks-31-agreements-for-lia-tenants\/\" 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\/06\/03\/taziz-inks-31-agreements-for-lia-tenants\/')\">\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\/06\/03\/taziz-inks-31-agreements-for-lia-tenants\/\">\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=Ta\u2019ziz inks 31 agreements for LIA tenants&url=https:\/\/enterpriseam.com\/logistics\/2024\/06\/03\/taziz-inks-31-agreements-for-lia-tenants\/\">\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\/06\/03\/taziz-inks-31-agreements-for-lia-tenants\/&title=Ta\u2019ziz inks 31 agreements for LIA tenants\">\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=Ta%E2%80%99ziz+inks+31+agreements+for+LIA+tenants+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F06%2F03%2Ftaziz-inks-31-agreements-for-lia-tenants%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\/06\/03\/taziz-inks-31-agreements-for-lia-tenants\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/188.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78954\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/06\/03\/taziz-inks-31-agreements-for-lia-tenants\/188-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/188.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"188.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/188.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/188.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78953\" class=\"content-area-description single-story post-78953 post type-post status-publish format-standard has-post-thumbnail hentry category-storage-warehouses tag-storage-warehouses 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\/6\/.a1fb5e5d-d0aa-41d8-b2e1-048e5c8c642e.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Ta\u2019ziz inks 31 land agreements<\/strong><strong>:<\/strong> <a target=\"_blank\" href=\"https:\/\/www.taziz.com\/en\/who-we-are\/\" style=\"\" rel=\"noopener\">Ta\u2019ziz<\/a> \u2013 a chemicals and industrial ecosystem being developed in Abu Dhabi\u2019s Al Ruwais Industrial City \u2014 inked 31 land reservation agreements with local and international tenants for its Light Industrial Area (LIA) last week, according to a <a target=\"_blank\" href=\"https:\/\/www.adnoc.ae\/en\/news-and-media\/press-releases\/2023\/taziz-signs-land-reservation-agreements-with-uae\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. Tenants are expected to gain access to their land plots in 2025, whereupon they will be lined up to boost manufacturing and industry in the Al Dhafra region. Details on the values of the agreements were not disclosed.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About the LIA:<\/strong> The area will span some 226k sqm of purpose-built warehousing, as well as 249 service plots across 3.71 square kilometers once developments are complete, the statement said. The space is anticipated to bring in USD 1 bn (AED 3.67 bn) worth of investments.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Who are the tenants?<\/strong> The incoming tenants are composed of players from an array of sectors including manufacturing, logistics, maintenance, and training services which have reserved spaces across several phases of the project, the statement said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Ta\u2019ziz: <\/strong>Ta\u2019ziz is made up of three main zones, including an industrial chemicals zone, an industrial services zone, and the LIA, according to its <a target=\"_blank\" href=\"https:\/\/www.taziz.com\/en\/who-we-are\/advancing-industry.html\" style=\"\" rel=\"noopener\">website<\/a>. The LIA provides \u201ca robust and competitive ecosystem built around new chemical value chains,\u201d according to the statement.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/storage-warehouses\/\">STORAGE + WAREHOUSES<\/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=\"78955 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=\"78955\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/06\/03\/78955\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78955\" class=\"content-area-description single-story post-78955 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/transmar.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2700.jpg?ssl=1\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"78956\" 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=\"78956\">\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\/06\/03\/yola-fresh-raises-usd-7-mn-in-pre-series-a-funding-round\/\">\r\n                            YoLa Fresh raises USD 7 mn in  pre-series A funding round                        <\/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\/06\/03\/yola-fresh-raises-usd-7-mn-in-pre-series-a-funding-round\/\" 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\/06\/03\/yola-fresh-raises-usd-7-mn-in-pre-series-a-funding-round\/')\">\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\/06\/03\/yola-fresh-raises-usd-7-mn-in-pre-series-a-funding-round\/\">\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=YoLa Fresh raises USD 7 mn in pre-series A funding round&url=https:\/\/enterpriseam.com\/logistics\/2024\/06\/03\/yola-fresh-raises-usd-7-mn-in-pre-series-a-funding-round\/\">\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\/06\/03\/yola-fresh-raises-usd-7-mn-in-pre-series-a-funding-round\/&title=YoLa Fresh raises USD 7 mn in pre-series A funding round\">\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=YoLa+Fresh+raises+USD+7+mn+in+pre-series+A+funding+round+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F06%2F03%2Fyola-fresh-raises-usd-7-mn-in-pre-series-a-funding-round%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\/06\/03\/yola-fresh-raises-usd-7-mn-in-pre-series-a-funding-round\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/185.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78957\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/06\/03\/yola-fresh-raises-usd-7-mn-in-pre-series-a-funding-round\/185-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/185.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"185.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/185.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/185.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78956\" class=\"content-area-description single-story post-78956 post type-post status-publish format-standard has-post-thumbnail hentry category-startup-watch tag-morocco tag-startup-watch tag-supply-chains wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.170745da-a01e-4d4a-9cd6-7a8eb4d32775.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>M<\/strong><strong>oroccan-based agritech startup <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.yolafresh.com\/\" style=\"\" rel=\"noopener\">YoLa Fresh<\/a><\/strong><strong> has <\/strong><strong>raised USD 7 mn in a pre-series <\/strong><strong>A funding round<\/strong><strong>, <\/strong>according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/6\/2.pdf\" style=\"\" rel=\"noopener\">state<\/a><a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/6\/2.pdf\" style=\"\" rel=\"noopener\">ment (pdf)<\/a> released on Thursday. The round was led by <a target=\"_blank\" href=\"https:\/\/www.almada.ma\/en\/\" style=\"\" rel=\"noopener\">Al Mada Ventures<\/a> and saw participation from Egypt\u2019s Algebra Ventures, E3 Capital, Janngo Capital, and the Dutch entrepreneurial development bank FMO. The latest successful funding round marks a major milestone in the startup's path to becoming an African unicorn, the statement said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Where will the raised funds go?<\/strong> YoLa will apply the funds towards expanding its logistics network, onboarding more farmers onto its platform, and doubling down on technology, YoLa Fresh co-CEO Larbi Alaoui Belrhiti said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What does the platform do?<\/strong> YoLa\u2019s platform connects farmers directly to retailers and food service companies via technology that tracks produce from farm to retail in a bid to cut waste and boost transparency. The initiative looks to boost farmer and retailer income and while incurring less spoilage, the statement said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Yola Fresh:<\/strong> Founded in 2022 by Larbi Alaoui Belrhiti (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/larbibelrhiti\/\" style=\"\" rel=\"noopener\">LinkedIn<\/a>) and Youssef Mamou (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/youssefmamou\/\" style=\"\" rel=\"noopener\">LinkedIn<\/a>), the startup leverages data, AI, machine learning, and predictive models to establish models for demand, supply, pricing, and other variables affecting the highly perishable produce supply chain, according to its <a target=\"_blank\" href=\"https:\/\/www.yolafresh.com\/\" style=\"\" rel=\"noopener\">website<\/a>. Yola Fresh is looking to become a leading player in Africa\u2019s agritech sector, bolstering food security and economic growth throughout the continent, the statement added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Algebra Ventures has been on a roll: <\/strong>The Egypt-based VC invested over 10 mn in ten companies in 2023, while lining up another USD 20 mn for this year. We <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a8c6e16a-939c-439d-b827-17d32a4f9d4b\/coffee-with:-karim-hussein,-managing-partner-of%253cmark%253e-algebra-ventures%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">had coffee<\/a> with Karim Hussein, managing partner of Algebra Ventures to discuss how the VC has been handling economic headwinds, what it looks for in startups, and what Algebra has planned for the coming period.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/morocco\/\">Morocco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/startup-watch\/\">STARTUP WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/supply-chains\/\">supply chains<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"78958\" 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=\"78958\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/06\/03\/uae-china-agree-to-cooperate-on-chinas-belt-and-road-initiative-trade\/\">\r\n                            UAE, China agree to cooperate on China\u2019s Belt and Road Initiative + trade                        <\/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\/06\/03\/uae-china-agree-to-cooperate-on-chinas-belt-and-road-initiative-trade\/\" 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\/06\/03\/uae-china-agree-to-cooperate-on-chinas-belt-and-road-initiative-trade\/')\">\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\/06\/03\/uae-china-agree-to-cooperate-on-chinas-belt-and-road-initiative-trade\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=UAE, China agree to cooperate on China\u2019s Belt and Road Initiative + trade&url=https:\/\/enterpriseam.com\/logistics\/2024\/06\/03\/uae-china-agree-to-cooperate-on-chinas-belt-and-road-initiative-trade\/\">\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\/06\/03\/uae-china-agree-to-cooperate-on-chinas-belt-and-road-initiative-trade\/&title=UAE, China agree to cooperate on China\u2019s Belt and Road Initiative + trade\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=UAE%2C+China+agree+to+cooperate+on+China%E2%80%99s+Belt+and+Road+Initiative+%2B+trade+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F06%2F03%2Fuae-china-agree-to-cooperate-on-chinas-belt-and-road-initiative-trade%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\/06\/03\/uae-china-agree-to-cooperate-on-chinas-belt-and-road-initiative-trade\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/183.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78959\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/06\/03\/uae-china-agree-to-cooperate-on-chinas-belt-and-road-initiative-trade\/183-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/183.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"183.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/183.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/183.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78958\" class=\"content-area-description single-story post-78958 post type-post status-publish format-standard has-post-thumbnail hentry category-diplomacy tag-diplomacy tag-morocco tag-qatar tag-trade tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.52109c4e-d62f-4c93-81d2-b17de579d5c0.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE + China ink a plethora of trade agreements:<\/strong> The UAE and China signed several agreements including cooperation on China\u2019s Belt and Road Initiative, establishing an investment cooperation committee, and the recognition of seafarers\u2019 certificates of competence, <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b3ew7gy-presidents-uae-and-china-witness-exchange-mous\" style=\"\" rel=\"noopener\">Wam<\/a> reported on Thursday. UAE Foreign Trade Minister Thani bin Ahmed Al Zeyoudi and Chinese officials also discussed stimulating growth in bilateral trade and investment at the UAE-China Business and Investment Forum, where agreements were signed in several areas including freezones, aviation, and industry, <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b3fhneh-uae-china-business-and-investment-forum-explores\" style=\"\" rel=\"noopener\">Wam<\/a> reported separately on Friday.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Morocco + South Korea to establish legislative framework for trade + investm<\/strong><strong>ent:<\/strong> Morocco's Foreign Affairs Minister Nasser Bourita and South Korea\u2019s Commerce Minister Inkygo Cheong inked a joint statement yesterday on launching discussions to establish a legislative framework for trade and investment between the countries, according to <a target=\"_blank\" href=\"https:\/\/www.mapnews.ma\/en\/actualites\/politics\/morocco-korea-joint-communiqu%C3%A9-launching-exploratory-discussions-establish-legal\" style=\"\" rel=\"noopener\">MAP<\/a>. The move aims to pave the way for an Enhanced Partnership Agreement that will strengthen the two countries\u2019 existing partnership framework, MAP writes. The ministers will finalize exploratory talks as soon as possible before negotiations commence.<\/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>KSA + Austria to enhance economic cooperation: <\/strong>Saudi Arabia and Austria have inked an MoU to enhance economic cooperation, specifically in SMEs, trade, industry, research, and tourism. (<a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/en\/N2112892\" style=\"\" rel=\"noopener\">SPA<\/a>)<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/morocco\/\">Morocco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/qatar\/\">Qatar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <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=\"78960\" 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=\"78960\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Also on Our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/06\/03\/dp-world-puts-cars-into-containers-ad-ports-drops-lawsuit-against-bildco-dic-kicks-off-senegal-morocco-roadshow\/\">\r\n                            DP World puts cars into containers, AD Ports drops lawsuit against Bildco, DIC kicks off Senegal + Morocco roadshow                        <\/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\/06\/03\/dp-world-puts-cars-into-containers-ad-ports-drops-lawsuit-against-bildco-dic-kicks-off-senegal-morocco-roadshow\/\" target=\"_blank\">\n                 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href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/logistics\/2024\/06\/03\/dp-world-puts-cars-into-containers-ad-ports-drops-lawsuit-against-bildco-dic-kicks-off-senegal-morocco-roadshow\/&title=DP World puts cars into containers, AD Ports drops lawsuit against Bildco, DIC kicks off Senegal + Morocco roadshow\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=DP+World+puts+cars+into+containers%2C+AD+Ports+drops+lawsuit+against+Bildco%2C+DIC+kicks+off+Senegal+%2B+Morocco+roadshow+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F06%2F03%2Fdp-world-puts-cars-into-containers-ad-ports-drops-lawsuit-against-bildco-dic-kicks-off-senegal-morocco-roadshow%2F\">\n                    WhatsApp            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data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/06\/03\/dp-world-puts-cars-into-containers-ad-ports-drops-lawsuit-against-bildco-dic-kicks-off-senegal-morocco-roadshow\/177-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/177.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"177.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/177.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/177.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78960\" class=\"content-area-description single-story post-78960 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-e-commerce tag-egypt 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\/6\/.e3b5244d-40bc-49ee-88bb-5a523bfe0059.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">SUPPLY CHAINS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DP World debuts \u201ccars in containers\u201d:<\/strong> DP World has designed a 53-foot intermodal container with racking systems to transport cars via rail from Mexico to the United States and Canada, according to a <a target=\"_blank\" href=\"https:\/\/www.dpworld.com\/news\/releases\/dp-world-provides-new-finished-vehicle-solution-for-essential-mexico-united-states-trade-route\/\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. The containers \u2014 which can take up to six vehicles \u2014 should enhance efficiency and reduce costs for original equipment manufacturers (OEMs) in Mexico.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The mechanisms: <\/strong>The service will load finished vehicles into containers directly at Mexican factories or specialized stuffing yards that are close to manufacturing hubs. The containers will then be transported into intermodal rail ramps and moved by rail to destinations including Los Angeles, Chicago, Detroit, and Toronto. <\/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\">DISPUTE WATCH-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AD Ports drops lawsuit <\/strong><strong>over rental receivables claim: <\/strong><a target=\"_blank\" href=\"https:\/\/bildco.ae\/\" style=\"\" rel=\"noopener\">Abu Dhabi National for Building<\/a><a target=\"_blank\" href=\"https:\/\/bildco.ae\/\" style=\"\" rel=\"noopener\">Materials<\/a> (Bildco) has approved a settlement agreement with AD Ports resolving an AED 13.9 mn rental receivables claim, the company said in an <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/5\/2585.pdf\" style=\"\" rel=\"noopener\">ADX disclosure (pdf)<\/a> last week. AD Ports previously filed a lawsuit against Bildco to claim a debt balance from rental receivables, which amounted to AED 13.9 mn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details:<\/strong> AD Ports will write off some AED 7.9 mn of the debt, with the remaining AED 6 mn to be paid in installments under a debt restructuring process, ending on 31 March 2025. The agreement saw AD Ports waive all lawsuits against the company. Bildco\u2019s board will convene a general assembly meeting in the first week of July to finalize the settlement with FAB. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">TRADE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dubai Chamber land in Senegal, Morocco:<\/strong> The Dubai International Chamber (DIC) will kick off a trade mission to Senegal and Morocco today to 7 June as part of its African roadshow aimed at promoting and expanding Dubai-based companies\u2019 foothold in the continent, according to a <a target=\"_blank\" href=\"https:\/\/www.dubaichamberinternational.com\/en\/news\/dubai-international-chamber-trade-mission-set-to-strengthen-partnerships-with-business-communities-in-senegal-and-morocco\/\" style=\"\" rel=\"noopener\">statement<\/a> released last week. The trade mission\u2019s agenda will include holding meetings between Dubai-based companies and their counterparts in Senegal and Morocco, with a focus on exploring collaboration, expansion strategies, and forging new partnerships and trade agreements. <\/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>Etihad Airways + Beijing airport ink cargo MoU<\/strong><strong>: <\/strong>Etihad Airways and Beijing Daxing International Airport have signed an agreement to increase cargo trips between the UAE and China as well as cooperate on technology initiatives to boost operational efficiency. (<a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b3fhn5t-etihad-airways-beijing-daxing-international\" style=\"\" rel=\"noopener\">Wam<\/a>)<\/li>\n<li><strong>Vestas to christen Maersk\u2019s methanol-powered vessel<\/strong><strong>: <\/strong>Green energy leader Vestas will christen Maersk\u2019s new methanol-enabled vessel at a naming ceremony in August. (<a target=\"_blank\" href=\"https:\/\/x.com\/Maersk\/status\/1796435250509443293\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>SCZone getting new <\/strong><strong>digitalization system:<\/strong> Egypt\u2019s Suez Canal Economic Zone (SCZone) and the country\u2019s Customs Authority have inked a cooperation protocol to provide a digitalization system for the SCZone\u2019s projects and logistics center. (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/sczoneegy_%D9%81%D9%8A-%D8%A5%D8%B7%D8%A7%D8%B1-%D8%A7%D8%B3%D8%AA%D8%B1%D8%A7%D8%AA%D9%8A%D8%AC%D9%8A%D8%A9-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A9-%D9%86%D8%AD%D9%88-%D8%A7%D9%84%D8%AA%D8%AD%D9%88%D9%84-%D8%A7%D9%84%D8%B1%D9%82%D9%85%D9%8A-activity-7201885859015495680-tD19?utm_source=share&utm_medium=member_desktop\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>Air Arabia opens new base at Morocco airport:<\/strong> UAE budget airline Air Arabia has inaugurated a new air base at Morocco\u2019s Rabat-Sale Airport, and is launching new routes to a number of key European cities. The carrier also launched 14 weekly international flights and three additional domestic flights. (<a target=\"_blank\" href=\"https:\/\/www.moroccoworldnews.com\/2024\/05\/362927\/air-arabia-opens-new-base-at-rabat-sale-airport\" style=\"\" rel=\"noopener\">Morocco World News<\/a>)<\/li>\n<li><strong>Qatar Airways inaugurates new flight to Congo: <\/strong>Qatar Airways will operate four new weekly flights from Doha to N\u2019djili International Airport in Kinshasa, DR Congo. The new route will also increase capacity to Luanda, Angola from one flight to four. (<a target=\"_blank\" href=\"https:\/\/www.qatarairways.com\/press-releases\/en-WW\/238099-qatar-airways-touches-down-for-the-first-time-in-kinshasa-democratic-republic-of-the-congo\" style=\"\" rel=\"noopener\">Press release<\/a>)<\/li>\n<li><strong>F<\/strong><strong>lynas launches Dammam-Najaf flights:<\/strong> Flynas is operating three flights a week between Dammam, Saudi Arabia and Najaf, Iraq. (<a target=\"_blank\" href=\"https:\/\/x.com\/flynas\/status\/1796849725955776925\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>Salam Air flies to Delhi: <\/strong>Oman\u2019s low-budget carrier Salam Air will start operating two direct flights a week to Delhi, India starting 2 July. (<a target=\"_blank\" href=\"https:\/\/x.com\/SalamAir\/status\/1795790549233922311\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/e-commerce\/\">e-commerce<\/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\/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=\"78962\" 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\/06\/03\/78962\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78962\" class=\"content-area-description single-story post-78962 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;\">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;\">AUGUST<\/span><\/p>\n<p style=\"padding:0;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 August (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/rexconferences.com\/conference-info\" style=\"\">Rex Fuels Global Expo & Conference 2024- Bitumen, Petrochemicals & Produc<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/rexconferences.com\/conference-info\" style=\"\">ts<\/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: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>26-27 October (Saturday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/theires.org\/Conference\/18859\/ICTTL\/\" style=\"\">International Conference on Tourism, Transport, and Logistics<\/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: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 style=\"font-weight:400;\">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\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>EAGL snaps up 95% of Ticts | KSA launches new ring road | Khazna expands UAE data centers | YoLa raises funds in pre-series A round<\/p>\n","protected":false},"featured_media":78942,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-78941","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"76bb6dfc-7504-4d40-afd1-694579d7cea8","teaser":"EAGL snaps up 95% of Ticts | KSA launches new ring road | Khazna expands UAE data centers | YoLa raises funds in pre-series A round","photo_url":"https:\/\/ent.news\/2024\/1\/1242.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\u2019s East Africa Gateway snaps up 95% stake in Tanzanian container terminal - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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