{"id":79503,"date":"2024-07-04T00:00:00","date_gmt":"2024-07-04T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=79503"},"modified":"2025-12-15T14:53:34","modified_gmt":"2025-12-15T14:53:34","slug":"dnata-to-provide-ground-services-for-air-india-at-zurich-airport","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/dnata-to-provide-ground-services-for-air-india-at-zurich-airport\/","title":{"rendered":"Dnata to provide ground services for Air India at Zurich Airport"},"content":{"rendered":"<section id=\"79505\" 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=\"79505\">\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\/07\/04\/today-pmis-are-in-for-ksa-uae-and-egypt-dnata-expands-european-footprint\/\">\r\n                            TODAY: PMIs are in for KSA, UAE and Egypt + Dnata expands European footprint                        <\/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\/07\/04\/today-pmis-are-in-for-ksa-uae-and-egypt-dnata-expands-european-footprint\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Let\u2019s jump right in.<\/span><\/p>\n<p class=\"tag-border-left\">WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong><a id=\"wwtt1\"><\/a>#1- <\/strong><strong>AD Ports files bid for container terminal at India\u2019s Chidambaranar Port<\/strong><strong>:<\/strong> A consortium spearheaded by AD Ports Group has reportedly filed initial bids on a state-run Chidambaranar Port Authority tender to build a USD 845 mn, 4 mn TEU capacity container terminal at the port, Indian news outlet the <a target=\"_blank\" href=\"https:\/\/infra.economictimes.indiatimes.com\/news\/ports-shipping\/vedanta-and-abu-dhabi-ports-file-initial-bids-for-rs7056-crore-container-terminal-at-voc-port\/111452091\" style=\"\" rel=\"noopener\">Economic Times<\/a> reports, citing people it says have knowledge of the matter. DP World is unlikely to proceed past the initial bid stage due to security concerns regarding its operation of a container terminal at Pakistan\u2019s Karachi Port and its business ties with Cosco Shipping in, the sources told ET. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong><a id=\"wwtt2\"><\/a>#2- Gulf Data Hub mulls offloading a minority stake:<\/strong> UAE-based data center operator <a target=\"_blank\" href=\"https:\/\/www.gulfdatahub.ae\/\" style=\"\" rel=\"noopener\">Gulf<\/a><a target=\"_blank\" href=\"https:\/\/www.gulfdatahub.ae\/\" style=\"\" rel=\"noopener\">Data Hub<\/a> tapped JP Morgan Chase as an adviser for a potential sale of a minority stake to investors, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-07-03\/data-center-firm-in-the-uae-is-said-to-weigh-minority-stake-sale?sref=YX0aeoLL\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports, citing people it says are in the know. While the company has not reached a final decision yet on the timing or the value of the sale, it could be looking to bag as much as USD 1 bn and wrap it as early as 3Q 2024. Several global private equity firms have reportedly voiced their interest in the company.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong><a id=\"wwtt3\"><\/a>#3- Adnoc and Saudi Aramco are reportedly <\/strong><strong>studying bids for Australian oil and gas firm Santos<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-07-03\/aramco-adnoc-are-said-to-consider-bids-for-gas-producer-santos?srnd=homepage-middle-east\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports, citing sources it says are in the know. The company has a market value of some USD 16.7 bn, and has liquefied natural gas projects in Australia, Papua New Guinea and Timor-Leste. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Adnoc has been expanding its investments abroad: <\/strong>The energy giant <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/338dd02a-506c-4dc0-b525-18a065a6f7fa\/adnoc-acquires-10%2525-of-mozambique-lng-project\" style=\"\" rel=\"noopener\">acquired<\/a> a 10% stake in a concession Mozambique's Rovuma basin, and an 11.7% stake in the first phase of sustainable liquefied natural gas (LNG) producer NextDecade's USD 18 bn Rio Grande LNG export facility in Texas. It is also now in formal <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/0baa8498-7476-44fd-b102-ca389dc06758\/adnoc-%2B%253cmark%253e-covestro%253c%2Fmark%253e-kick-off-negotiations-after-revised-takeover-bid\" style=\"\" rel=\"noopener\">discussions<\/a> for a potential takeover of German chemical company Covestro.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- Egypt\u2019s Act Financial plans to use the EGP 1 bn raised from its IPO to invest into three <\/strong><strong>EGX-listed companies this year<\/strong>, Managing Partner Mostafa Abdel Aziz told Enterprise. The investments will range from 5-30%, depending on the size of the company and Act Financial's plan for it. The company is also exploring potential investments in six non-listed local companies with the hopes of eventually listing them on the EGX, Abdel Aziz said, adding the company has met with over 100 non-listed companies so far. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Acquisitions could include logistics companies<\/strong>, Abdel Aziz told <a target=\"_blank\" href=\"https:\/\/english.mubasher.info\/news\/4309287\/Act-Financial-seeks-stakes-in-real-estate-logistics-companies-Managing-Partner\/\" style=\"\" rel=\"noopener\">Mubasher<\/a> in a separate interview. The company is in the process of <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/6a6ce846-5bb8-4638-ba08-f657afe1960e\/egypt-eu-investment-conference-round-%232\" style=\"\" rel=\"noopener\">finalizing an IPO<\/a> on the Egyptian Exchange, where it has set its price at EGP 2.9 per share. Act Financial is expected to rake in EGP 1 bn in capital from its 360 mn share offering, representing 32% of its total shares. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#5- Amazon is working closely with UAE authorities to expedite its rollout of electric <\/strong><strong>vehicles for deliveries<\/strong>, the <a target=\"_blank\" href=\"https:\/\/www.thenationalnews.com\/future\/technology\/2024\/07\/03\/amazon-closely-co-ordinating-with-uae-authorities-to-use-ev-delivery-fleet\/\" style=\"\" rel=\"noopener\">National<\/a> reports. They are also addressing challenges, such as the impact of extreme heat on battery performance with partners to ensure the successful implementation of their goal to use 100k EVs for last-mile deliveries globally by 2030. \u201cIn this region, because of the extreme heat, there is not yet a scalable, fully-proven commercial electric vehicle model. Right now that is a challenge because of the temperature and the batteries,\u201d Prashant Saran, director of operations at Amazon Turkey and MENA told the National. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The initiative has kicked off with pilot testing<\/strong>, though a launch timeline has not been set. \u201cWe are already working with delivery service partners who are using electric scooters to deliver in some of the dense areas,\u201d Amazon MENAT Operations Director Prashant Saran told the National. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#6- Saudi Arabia plans to begin manufacturing ships this year in a bid to transform the <\/strong><strong>kingdom into a leading logistics player<\/strong>, CEO of the country\u2019s National Industrial Development and Logistics Program (NIDLP) Suliman Almazroua told <a target=\"_blank\" href=\"https:\/\/www.asharqbusiness.com\/financing-and-investment\/47549\/%D8%B1%D8%A6%D9%8A%D8%B3-%D9%86%D8%AF%D9%84%D8%A8-%D8%A7%D9%84%D8%B3%D8%B9%D9%88%D8%AF%D9%8A%D8%A9-%D8%AA%D8%B7%D9%85%D8%AD-%D9%84%D8%A8%D8%AF%D8%A1-%D8%AA%D8%B5%D9%86%D9%8A%D8%B9-%D8%A7%D9%84%D8%B3%D9%81%D9%86-%D9%87%D8%B0%D8%A7-%D8%A7%D9%84%D8%B9%D8%A7%D9%85\/\" style=\"\" rel=\"noopener\">Asharq Business<\/a>. Shipyards will begin to be set up in the Ras Al Khair region this year with the involvement of Hyundai, Bahri, and Aramco, Almazroua said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#7- Egypt has received two out of 21 planned natural gas shipments to combat power <\/strong><strong>cuts<\/strong>, <a target=\"_blank\" href=\"https:\/\/english.ahram.org.eg\/NewsContentP\/3\/526411\/Business\/Egypt-receives--gas-shipments-out-of--contracted-c.aspx\" style=\"\" rel=\"noopener\">Ahram Online<\/a> reports, citing comments by Ministry of Petroleum and Mineral Resources Spokesman Hamdy Abdel-Aziz. One ship carrying liquefied natural gas arrived in Ain Sokhna port on Monday and another\u2019s natural gas shipment has been offloaded on a gasification vessel before integration into the national grid, according to <a target=\"_blank\" href=\"https:\/\/lngprime.com\/africa\/hoeghs-egypt-fsru-gets-first-lng-cargo\/116190\/\" style=\"\" rel=\"noopener\">LNG Prime<\/a>. As more gas shipments arrive, the government will begin easing constraints it has placed on gas supplies to fertilizer companies, according to Abdel-Aziz. The government has also said that it aims to end nation-wide power outages by the third week of July. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Egypt needs to import some USD 1.18 bn worth of mazut fuel oil and natural gas to end ongoing daily power cuts, its Prime Minister Mostafa Madbouly said <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/41a69797-4ca7-4765-93c5-be8670a0e1bb\/today:-port-news-from-morocco-%2B-dubai-investments-ventures-into-angola\" style=\"\" rel=\"noopener\">last month<\/a>. Egyptian state-owned gas firm EGAS is reportedly looking to acquire seven shipments of LNG cargoes in July, six more in August, and four more in September. The country briefly extended power outages for a week last month due to a gas field in a \u201cneighboring country\u201d being offline for a 12-hour period.<\/p>\n<p class=\"tag-border-left\">MARKET WATCH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Oil prices dipped slightly in early trading as US employment and business activity data <\/strong><strong>showed signs of the economy cooling<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/oil-prices-slip-after-data-points-cooling-us-economy-2024-07-04\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. Brent crude futures traded at USD 87.04 per barrel at 00.30 PM GMT, while West Texas Intermediate crude futures traded at USD 83.56 per barrel, says the newswire.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>Baltic index has seen an upwards<\/strong> <strong>tick<\/strong> for the fifth day straight on the back of solid capesize demand, <a target=\"_blank\" href=\"https:\/\/www.hellenicshippingnews.com\/baltic-index-rises-for-fifth-straight-day-on-strong-capesize-demand\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. The Baltic Exchange\u2019s dry bulk sea freight index \u2014 which tracks rates for the capesize, panamax, and supramax vessel segments \u2013 was up 1% to 2,179 points. Capesize rose 2.6% to 3,888, while the panamax dipped 1.3% to 1,640 points. The smaller supramax segment fell 18 points to 1,351.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- Global f<\/strong><strong>leet capacity is up amid <\/strong><strong>the Red Sea shipping disruptions<\/strong>, a Maritime Strategies International 2Q <a target=\"_blank\" href=\"https:\/\/theloadstar.com\/red-sea-crisis-dictates-container-fleet-capacity-trends\/\" style=\"\" rel=\"noopener\">report<\/a> found. Around 1.7 mn TEU of new containership capacity has left shipyards since the end of November. Asia to Europe services have added 1.4 mn TEU of capacity since the end of November.<\/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>Saudi Arabia will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/gemtechforum.com\/\" style=\"\" rel=\"noopener\">Global EV and Mobility Technology Forum<\/a><\/strong><strong> on Wednesday, 10 <\/strong><strong>July and Thursday, 11 July<\/strong> in Riyadh. The event will bring together international policymakers, NGOs, corporations, and start-ups to discuss industry topics including fleet electrification, autonomous and connected vehicles, and sustainable transport solutions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Check out our full calendar<\/strong> at the bottom of this email for a comprehensive listing of upcoming news events and news triggers.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/ma-watch\/\">M&amp;A WATCH<\/a>\n                <!-- <span 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href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/04\/ksa-and-uae-non-oil-private-sector-activity-softens-in-june-while-egypt-experiences-growth\/\">\r\n                            KSA and UAE non-oil private sector activity softens in June while Egypt experiences growth                        <\/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\/07\/04\/ksa-and-uae-non-oil-private-sector-activity-softens-in-june-while-egypt-experiences-growth\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" 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href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/04\/ksa-and-uae-non-oil-private-sector-activity-softens-in-june-while-egypt-experiences-growth\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/360.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79509\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/04\/ksa-and-uae-non-oil-private-sector-activity-softens-in-june-while-egypt-experiences-growth\/360-jpg-8\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/360.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"360.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/360.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/360.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79508\" class=\"content-area-description single-story post-79508 post type-post status-publish format-standard has-post-thumbnail hentry category-purchasing tag-egypt tag-purchasing tag-saudi-arabia tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.b4d8f24c-72e3-41b9-ae19-6aa7c4be115e.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>How Egypt + Saudi + Egypt\u2019s non-oil private sectors performed in June:<\/strong> Purchasing manager indices (PMI) tracking non-energy sectors in the three countries told a mixed tale in June. Saudi Arabia and the UAE\u2019s held above the 50.0 mark threshold, but softening demand underpinned growth in both countries. Egypt saw a growth in its headline PMI, supported by stable demand prospects, new orders, and purchases. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">REMEMBER-<\/strong><span style=\"background-color: transparent;\"> The all-important 50.0 mark is the threshold separating contraction from growth. Anything above 50 denotes expansion, while anything below indicates contraction.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>First up, Saudi Arabia: <\/strong>Non-oil business activity in the Kingdom maintained a steady growth rate in June, as output levels grew despite a drop in new orders, input purchases, and employment, according to <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/7\/286.pdf\" style=\"\" rel=\"noopener\">Riyad Bank Saudi Arabia PMI (pdf)<\/a>. The headline reading dipped to 55.0 in June, from 56.4 <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/cfa005f2-f6a4-4a2c-b9ea-31c6ccf42e0b\" style=\"\" rel=\"noopener\">in May<\/a>, recording its lowest reading in over two years.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>New order intakes fell to their lowest level in some 2.5-years<\/strong>, as demand softened in the Kingdom. Intake rates were partially buoyed by a strong boost to export sales, which jumped up at the fastest rate recorded this year. June saw businesses\u2019 reduce their purchasing activity, following a period of unparalleled inventory expansion in recent months, resulting in purchases growing at its weakest level since September 2021. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Output increased on the back of existing order books<\/strong>, cutting down backlog volumes in the Kingdom\u2019s non-oil sector. Businesses reported a rise in their employment numbers, yet rates were \u201conly modest and milder than in May\u201d, tapered by wage pressures forcing constraints onto operational costs. Delivery speed continued to improve. Inflation declined, yet, overall input costs increased at their quickest pace in the last four months.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Optimistic despite the slowdown:<\/strong> \u201cLooking at the second quarter as a whole, the growth figures for Q2 still indicate a positive outlook for non-oil GDP in Saudi Arabia, with expectations of growth exceeding 3%,\u201d Riyad Bank Chief Economist Naif Al-Ghaith is quoted as saying in the report.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Over in the UAE: <\/strong>Non-oil business activity grew at a slower pace in June due to recovery from disruptions from <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/bb9c7aa9-f63c-43cb-95e1-66413a1cc716\/today:-microsoft-pumps-usd-1.5-bn-into-abu-dhabi%25e2%2580%2599s-g42-%2B-egypt%25e2%2580%2599s-export-market-grows\" style=\"\" rel=\"noopener\">April\u2019s floods<\/a> and persistent supply chain pressure from the Red Sea crisis impacting output growth, backlogs, and input prices, according to <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/7\/287.pdf\" style=\"\" rel=\"noopener\">S&amp;P Global\u2019s PMI (pdf)<\/a>. The country\u2019s headline reading slipped to 54.6 in June, from 55.3 <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/d9092894-7eec-4a40-94ac-46b09ecab38c\" style=\"\" rel=\"noopener\">in May<\/a>, hitting its lowest point in some 16 months.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Output growth softened across the non-oil private sector<\/strong>, with businesses citing competitive pressures as the reason for slow inclines. Backlogs continued to spike upwards at the end of 2Q, pulled up by solid demand and weighed down by limited capacity due to the lasting effects of floods and the Red Sea disruptions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI -<\/strong> Business growth came in at its slowest pace in 14 months back <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/b9f3ce7f-5457-4a24-9523-3d6c9968912e\/ksa%25e2%2580%2599s-non-oil-private-sector-witnessed-steady-growth-in-april-while-uae-experienced-a-dip\" style=\"\" rel=\"noopener\">in May<\/a>, as new order volumes slowed and consumer demand eased amid business disruptions caused by the flooding in April.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Purchasing expenses were high:<\/strong> Inflation rates rose, modestly, to its highest level in almost two years, causing non-oil companies to experience a spike in input costs during June. Businesses linked the rising prices to growing shipping fees, overheads, and raw material costs. Output prices subsequently grew, for the second month in a row, to balance out input cost increases.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The silver lining:<\/strong> Demand rose across the UAE, hand-in-hand with an increase to new orders. With a swell of new work recorded in June, edging up to its highest level since 1Q. Businesses also saw export volumes tick upwards. As a result, output forecasts were sustained and purchasing activity was propelled forward.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And good news from Egypt:<\/strong> Egyptian non-oil business saw order volumes rise for the first time in three years supported by an easing of price pressures and stabilizing economic conditions, according to <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/7\/375.pdf\" style=\"\" rel=\"noopener\">S&amp;P Global\u2019s Egypt PMI (pdf)<\/a>. Egypt\u2019s headline purchasing managers\u2019 index edged up to 49.9 in June, from 49.6 in May, settling marginally below the 50.0 mark and reaching its highest level in three years.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>New orders increased in June, <\/strong>with more firms reporting a growth in demand for the first time since late 2021. Manufacturing and service sectors recorded an increase in new orders, while construction and wholesale &amp; retail sectors reported declines. The upturn in sales and a jump in new export orders are attributed to an advancement in international and domestic conditions. Input purchases also grew in June, supported by the rising demand.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Output rates dropped at their softest level in almost three years,<\/strong> with price pressures \u201cremaining much cooler,\u201d said S&amp;P Senior Economist David Owen. Suggesting that if we continue to see increased sales and purchases in the second half of the year, \u201cfirms should have the motivation and need to expand their output.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Inflationary pressures on firms dropped in 2Q:<\/strong> Input costs jumped up, amid rising material prices, causing firms\u2019 to modestly boost their output charges. Yet, input price inflation rates still remain significantly slower than Q1, a symptom of easing Egypt\u2019s FX crisis.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Employment rates steadied,<\/strong> with some businesses opting to expand their workforce as new orders poured in. Nevertheless, many companies continued to report layoffs and non-replacement for those made redundant.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Sentiment remained upbeat in KSA + UAE:<\/strong> Saudi Arabia\u2019s PMI underscores a promising outlook, Al-Ghaith says, with improving market conditions propelling market confidence. Firms in the UAE are also optimistic, banking on strong demand prospects to boost their input purchase volumes. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>But Egypt is still iffy:<\/strong> Over in Egypt, confidence took a dip as businesses\u2019 remain doubtful about future activity and economic prospects although \u201cbusinesses appear to be heading on the road to recovery,\u201d Owen said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Stay tuned for our coverage of Kuwait, Lebanon and Qatar\u2019s indices next week.<\/strong><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/purchasing\/\">PURCHASING<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"79510 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=\"79510\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/04\/79510\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79510\" class=\"content-area-description single-story post-79510 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=\"79511\" 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=\"79511\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">Aviation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/04\/dnata-to-provide-ground-services-for-air-india-at-zurich-airport\/\">\r\n                            Dnata to provide ground services for Air India at Zurich Airport                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/04\/dnata-to-provide-ground-services-for-air-india-at-zurich-airport\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/logistics\/2024\/07\/04\/dnata-to-provide-ground-services-for-air-india-at-zurich-airport\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/logistics\/2024\/07\/04\/dnata-to-provide-ground-services-for-air-india-at-zurich-airport\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Dnata to provide ground services for Air India at Zurich Airport&url=https:\/\/enterpriseam.com\/logistics\/2024\/07\/04\/dnata-to-provide-ground-services-for-air-india-at-zurich-airport\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/logistics\/2024\/07\/04\/dnata-to-provide-ground-services-for-air-india-at-zurich-airport\/&title=Dnata to provide ground services for Air India at Zurich Airport\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Dnata+to+provide+ground+services+for+Air+India+at+Zurich+Airport+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F07%2F04%2Fdnata-to-provide-ground-services-for-air-india-at-zurich-airport%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/04\/dnata-to-provide-ground-services-for-air-india-at-zurich-airport\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/372.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79512\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/04\/dnata-to-provide-ground-services-for-air-india-at-zurich-airport\/372-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/372.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"372.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/372.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/372.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79511\" class=\"content-area-description single-story post-79511 post type-post status-publish format-standard has-post-thumbnail hentry category-aviation tag-aviation tag-dnata 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\/7\/.fd519014-522c-49c2-8dd6-10920e725514.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Dnata ramps up activities at ZRH: <\/strong>Dubai-based airport services provider Dnata inked a multi-year contract with Air India to provide passenger, ramp, and baggage services for Air India\u2019s four weekly flights between Zurich and Delhi at Zurich Airport (ZRH), according to a <a target=\"_blank\" href=\"https:\/\/www.dnata.com\/media-centre\/dnata-awarded-contract-for-air-indias-long-awaited-return-to-zurich\/#\" style=\"\" rel=\"noopener\">press release<\/a>. Dnata will service over 200 flights annually. Neither the value nor the duration of the contract have been revealed. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">IN CONTEXT- <\/strong><span style=\"background-color: transparent;\">The contract comes as Air India returns to Zurich after a 27 year hiatus. The connection was resumed on 16 June with four direct flights between Delhi and Zurich using Boeing 787-8 crafts, according to a <\/span><a target=\"_blank\" href=\"https:\/\/www.indembassybern.gov.in\/page\/air-india-starts-direct-flights-between-new-delhi-and-zurich\/\" rel=\"noopener\">statement<\/a><span style=\"background-color: transparent;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dnata ? Swiss: <\/strong>Dnata is operating at airports in Zurich and Geneva, providing ground handling and cargo services to over 30 airlines, according to the statement. Between 2023 and 2024, Dnata handled over 12k flights, 2 mn passengers, and 26k tons of cargo at ZRH. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dnata is active in Europe:<\/strong> Dnata inked an agreement with Swiss International Air Lines along with Lufthansa, Austrian Airlines, and Air Dolomiti <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/48d68175-288b-4dd8-aa46-92f4f0f6f586\/danone-egypt-partners-up-with-shift-ev-to-add-electro-fitted-technology-into-its-fleet\" style=\"\" rel=\"noopener\">back in May<\/a>, to provide passenger and ramp services at Amsterdam Schiphol Airport. Dnata <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/3bf5ac03-052f-47d0-877e-605f6d8e0699\/morocco-opens-bids-for-375-km-high-speed-railway-%2B%253cmark%253e-dnata%253c%2Fmark%253e-boosts-its-european-footprint\" style=\"\" rel=\"noopener\">is also managing<\/a> Turkish budget-airline Ajet\u2019s ground operations in Switzerland for flights connecting Zurich and Geneva to Turkey\u2019s capital Ankara. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>The company has been looking to expand its international footprint. The air services provider is holding talks with 40 companies and has <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/3c733e42-4816-4cad-8977-bb5749848f62\/today:-dp-world-electrifies-jebel-ali-freight-%2B-rsa-breaks-ground-on-jafza-cold-storage-facility\" style=\"\" rel=\"noopener\">a slew of international mergers and acquisitions<\/a> in the pipeline. <\/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\/dnata\/\">Dnata<\/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=\"79513 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=\"79513\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/04\/79513\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79513\" class=\"content-area-description single-story post-79513 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=\"79514\" 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=\"79514\">\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\">Diplomacy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/04\/egypt-and-iraq-eye-transport-and-infrastructure-collaborations\/\">\r\n                            Egypt and Iraq eye transport and infrastructure collaborations                        <\/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\/07\/04\/egypt-and-iraq-eye-transport-and-infrastructure-collaborations\/\" 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\/07\/04\/egypt-and-iraq-eye-transport-and-infrastructure-collaborations\/')\">\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\/07\/04\/egypt-and-iraq-eye-transport-and-infrastructure-collaborations\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt and Iraq eye transport and infrastructure collaborations&url=https:\/\/enterpriseam.com\/logistics\/2024\/07\/04\/egypt-and-iraq-eye-transport-and-infrastructure-collaborations\/\">\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\/07\/04\/egypt-and-iraq-eye-transport-and-infrastructure-collaborations\/&title=Egypt and Iraq eye transport and infrastructure collaborations\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt+and+Iraq+eye+transport+and+infrastructure+collaborations+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F07%2F04%2Fegypt-and-iraq-eye-transport-and-infrastructure-collaborations%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\/07\/04\/egypt-and-iraq-eye-transport-and-infrastructure-collaborations\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/326.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79515\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/04\/egypt-and-iraq-eye-transport-and-infrastructure-collaborations\/326-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/326.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"326.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/326.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/326.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79514\" class=\"content-area-description single-story post-79514 post type-post status-publish format-standard has-post-thumbnail hentry category-diplomacy tag-diplomacy tag-egypt tag-infrastructure tag-iraq 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\/7\/.0afedd78-bb2a-4647-a782-211813404697.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt\u2019s interested in building Iraqi infrastructure: <\/strong>Former Egyptian Minister of Transport Kamel Al Wazir expressed Egypt\u2019s readiness to collaborate with Iraq on road, bridge, and tunnel projects in a meeting with the Iraqi Ambassador to Cairo Qahtaan Taha Khalaf, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/share\/p\/Yjogmh8W5TKZS2A4\/\" style=\"\" rel=\"noopener\">statement<\/a>. The two sides discussed enhancing trade exchange and using the Arab Navigation Bridge for transport via the Aqaba\/Nuweiba line to Egyptian Mediterranean ports and onward to Europe. A possible MoU for passenger and goods transport is being considered to boost trade.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/infrastructure\/\">INFRASTRUCTURE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/iraq\/\">Iraq<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/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=\"79516\" 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=\"79516\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">Also on Our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/04\/maritime-and-rail-updates-from-egypt-and-the-uae\/\">\r\n                            Maritime and rail updates from Egypt and the UAE                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/04\/maritime-and-rail-updates-from-egypt-and-the-uae\/\" 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\/07\/04\/maritime-and-rail-updates-from-egypt-and-the-uae\/')\">\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\/07\/04\/maritime-and-rail-updates-from-egypt-and-the-uae\/\">\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=Maritime and rail updates from Egypt and the UAE&url=https:\/\/enterpriseam.com\/logistics\/2024\/07\/04\/maritime-and-rail-updates-from-egypt-and-the-uae\/\">\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\/07\/04\/maritime-and-rail-updates-from-egypt-and-the-uae\/&title=Maritime and rail updates from Egypt and the UAE\">\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=Maritime+and+rail+updates+from+Egypt+and+the+UAE+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F07%2F04%2Fmaritime-and-rail-updates-from-egypt-and-the-uae%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\/07\/04\/maritime-and-rail-updates-from-egypt-and-the-uae\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/328.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79517\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/04\/maritime-and-rail-updates-from-egypt-and-the-uae\/328-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/328.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"328.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/328.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/328.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79516\" class=\"content-area-description single-story post-79516 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-egypt tag-rail tag-shipping-maritime 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\/8\/.92b47187-190c-4799-b237-cb82307d91a6.mp3\"><\/audio><\/figure>\n<p class=\"tag-border-left\">SHIPPING + MARITIME-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>SCZone\u2019s waste management initiative kicks off: <\/strong>The Suez Canal Economic Zone (SCZone), <a target=\"_blank\" href=\"https:\/\/antipollution.com\/antipollution-egypt-a-company-to-provide-integrated-solid-and-liquid-waste-management-services\/\" style=\"\" rel=\"noopener\">Antipollution Egypt<\/a>, and the <a target=\"_blank\" href=\"https:\/\/ecs-irr.com\/\" style=\"\" rel=\"noopener\">Egyptian Company for Supplies<\/a> have signed a contract to provide waste management services at the northern entrance of the Suez Canal, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/SCZONE.EG\/posts\/pfbid02WMkTyJvAYBTKUsPA252o8FGefPNuxzFwaMt9WffstYtA8oAa7kYALFyGv6UNVztrl\" style=\"\" rel=\"noopener\">statement<\/a>. The contract also includes supervision of waste disposal by Antipollution Egypt and recycling marine waste. The efforts will be expanded to the South entrance.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the works for a while:<\/strong> News of the initiative broke <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/9c291f1f-a869-46bb-8f24-dcf95c1fa210\" style=\"\" rel=\"noopener\">last April<\/a> regarding a new waste management system aimed at reducing waste dumping from ships. The system will ensure no ship crosses the canal with solid or liquid waste onboard. The Egyptian Marine Supply and Contracting company \u2014 affiliated with the Ministry of Transport \u2014 will oversee contractors hired to collect waste from the passing ships and provide a legal umbrella for its handling.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Antipollution Egypt:<\/strong> SCZone and Greek waste management company Antipollution \u2014 a subsidiary of marine services company V Group \u2014 agreed to form the joint stock company <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/09787f5a-1b8b-4158-81fa-d92562d6cf6b\" style=\"\" rel=\"noopener\">last March<\/a> to establish a waste treatment plant in Egypt\u2019s SCZone. The waste treatment facility will process fluid and soluble waste collected from vessels transiting through the Suez Canal to be repurposed as part of Egypt\u2019s efforts to boost its blue economy.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"background-color: transparent;\">RAIL-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DP Word boosts rail capacity at London Gateway by 50%<\/strong><strong>:<\/strong> The UAE\u2019s DP World has inaugurated two new USD 12 mn rail-mounted gantry (RMG) cranes at its London Gateway rail terminal, which will boost the volume of freight carried to and from the terminal by rail, according to a <a target=\"_blank\" href=\"https:\/\/www.dpworld.com\/london-gateway\/news\/latest-news\/new-cranes-boost-rail-capacity-by-50-per-cent-at-dp-world-london-gateway\" style=\"\" rel=\"noopener\">statement<\/a>. The cranes, which will go into operation in mid-August, have a lifting capacity of 41 tonnes and are set to expand box handling capacity by 75% at the terminal. The move also seeks to reduce supply chain carbon emissions by relying more on rail to ease congestion on roads. The cranes will be used to handle cargo at the London Gateway\u2019s new GBP 350 <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/5924933d-b5cf-4dea-9b94-996b810bca45\/dp-world-pours-gbp-12-mn-into-8-straddle-carriers-for-its-london-gateway\" style=\"\" rel=\"noopener\">all-electric berth<\/a> set to open later this year.<\/p>\n<p class=\"tag-border-left\">LOGISTICS HANDLING-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Aramex to offer special logistics services for businesses in the Dubai Chamber of <\/strong><strong>Commerce:<\/strong> Dubai-based logistics firm <a target=\"_blank\" href=\"https:\/\/www.aramex.com\/\" style=\"\" rel=\"noopener\">Aramex<\/a> inked an MoU with <a target=\"_blank\" href=\"https:\/\/www.dubaichambers.com\/en\/home\/\" style=\"\" rel=\"noopener\">Dubai Chambers<\/a> to offer comprehensive logistics services for businesses registered with the Dubai Chamber of Commerce, according to a <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.ae\/en\/news\/2024\/july\/03-07\/dubai-chambers-partners-with-aramex\" style=\"\" rel=\"noopener\">statement<\/a>. No further details were provided on the type of services covered in the packages.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Emirates Post is getting more branches: <\/strong><a target=\"_blank\" href=\"https:\/\/www.emiratespost.ae\/\" style=\"\" rel=\"noopener\">Emirates Post<\/a>, the postal arm of <a target=\"_blank\" href=\"https:\/\/www.7x.ae\/\" style=\"\" rel=\"noopener\">7X<\/a> and the UAE's official postal services provider, plans to expand its network of 87 outlets by opening new branches, <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b3z4xss-unveils-expansion-plans-strengthen-global-network\" style=\"\" rel=\"noopener\">Wam<\/a> reports. Meanwhile, <a target=\"_blank\" href=\"https:\/\/www.emx.ae\/\" style=\"\" rel=\"noopener\">EMX<\/a>, 7X\u2019s courier and parcel arm, plans to expand its reach by adding new destinations. EMX operates a fleet of more than 600 couriers and ten delivery centers. 7X was formerly known as Emirates Post Group before its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/7ec98f84-0753-4303-a7d0-9fa2630d035a\" style=\"\" rel=\"noopener\">rebranding<\/a> earlier this 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\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/rail\/\">RAIL<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/shipping-maritime\/\">SHIPPING + MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/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=\"79518\" 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=\"79518\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">Around the World<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/04\/norways-dof-snaps-up-maersk-supply-service-eu-considers-imposing-customs-to-curb-cheap-chinese-retail\/\">\r\n                            Norway\u2019s DOF snaps up Maersk Supply Service + EU considers imposing customs to curb cheap Chinese retail                        <\/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\/07\/04\/norways-dof-snaps-up-maersk-supply-service-eu-considers-imposing-customs-to-curb-cheap-chinese-retail\/\" 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\/07\/04\/norways-dof-snaps-up-maersk-supply-service-eu-considers-imposing-customs-to-curb-cheap-chinese-retail\/')\">\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\/07\/04\/norways-dof-snaps-up-maersk-supply-service-eu-considers-imposing-customs-to-curb-cheap-chinese-retail\/\">\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=Norway\u2019s DOF snaps up Maersk Supply Service + EU considers imposing customs to curb cheap Chinese retail&url=https:\/\/enterpriseam.com\/logistics\/2024\/07\/04\/norways-dof-snaps-up-maersk-supply-service-eu-considers-imposing-customs-to-curb-cheap-chinese-retail\/\">\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\/07\/04\/norways-dof-snaps-up-maersk-supply-service-eu-considers-imposing-customs-to-curb-cheap-chinese-retail\/&title=Norway\u2019s DOF snaps up Maersk Supply Service + EU considers imposing customs to curb cheap Chinese retail\">\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=Norway%E2%80%99s+DOF+snaps+up+Maersk+Supply+Service+%2B+EU+considers+imposing+customs+to+curb+cheap+Chinese+retail+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F07%2F04%2Fnorways-dof-snaps-up-maersk-supply-service-eu-considers-imposing-customs-to-curb-cheap-chinese-retail%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\/07\/04\/norways-dof-snaps-up-maersk-supply-service-eu-considers-imposing-customs-to-curb-cheap-chinese-retail\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/374.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79519\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/04\/norways-dof-snaps-up-maersk-supply-service-eu-considers-imposing-customs-to-curb-cheap-chinese-retail\/374-jpg-7\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/374.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"374.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/374.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/374.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79518\" class=\"content-area-description single-story post-79518 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-maersk tag-trade wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.a0e0fb01-5754-40cc-8848-09b4bef39d04.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Norwegian supply shipping company DOF Group will acquire Maersk Supply Service <\/strong><strong>from Maersk Supply Service Holding (MSSH) in a USD 1.1 bn cash and stock transaction<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/deals\/dof-group-acquire-maersk-supply-service-111-bln-2024-07-02\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. DOF will pay USD 577 mn in cash and issue new shares, with MSSH gaining 25% ownership in DOF. The acquisition will be executed through a new subsidiary, DOF Offshore Holding Denmark, and is expected to close in 4Q 2024. The transaction will be financed by a USD 500 mn debt facility and up to USD 125 mn in equity.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">The EU plans to impose customs duties on inexpensive goods from retailers including Chinese o<\/strong><strong style=\"background-color: transparent;\">nline retailers Temu, Shein, and AliExpress<\/strong><span style=\"background-color: transparent;\">, <\/span><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/retail-consumer\/eu-takes-aim-chinas-temu-shein-with-proposed-import-duty-ft-reports-2024-07-03\/\" rel=\"noopener\">Reuters<\/a><span style=\"background-color: transparent;\"> reports, citing a <\/span><a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/1c4c0bee-f67e-404b-877d-e0cb38faf2d6\" rel=\"noopener\">Financial Times<\/a><span style=\"background-color: transparent;\"> exclusive. The European Commission will propose scrapping the current EUR 150 duty-free threshold for online purchases from outside the EU later this month, sources told the FT.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why the change? <\/strong>2 bn parcels valued under EUR 150 were shipped to the EU last year, straining customs resources, according to the European Commission, which says that \u201cthe sheer volumes of e-commerce are testing customs' limits.\u201d The EU has been discussing abolishing the limit since May 2023, but could look to speed up its adoption in light of the surge in cheap imports from China.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Adding fuel to the fire: <\/strong>Shein and Temu have also been <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/616ee9ae-a5b2-4c5d-8efd-c42dd3292928\/chinese-exporters-speak-out-amid-rising-concerns-of-a-global-freight-overload\" style=\"\" rel=\"noopener\">driving up freight rates<\/a> by buying up a significant portion of aircraft space. This is adding to market concerns of a capacity overload during the peak festive season this year. Air freight prices out of Asia rose by some 40% y-o-y in June, a season that is usually slow ahead of the end-of-year holiday rush.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/around-the-world\/\">AROUND THE WORLD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/maersk\/\">Maersk<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"79520\" 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\/07\/04\/79520\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79520\" class=\"content-area-description single-story post-79520 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;\">JULY<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>10-11 July: (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/gemtechforum.com\/\" style=\"\">Global EV & Mobility Tech Forum<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, Saudi Arabia. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span 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 & Products<\/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;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>2-4 September (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.saudilogisticsexpo.com\/\" style=\"\">Saudi Warehousing & Logistics Expo<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, KSA. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>3-5 September (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.egypt-air-show.com\/\" style=\"\">Egypt International Airshow<\/a><\/span><span style=\"font-weight:400;\">, El Alamein, Egypt.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>10-11 September (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.skymovemena.com\/\" style=\"\">SkyMove MENA<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, 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>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>23-26 September (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/thefreightsummit.com\/dubai2024\/\" style=\"\">Freight Summit 15th Global Conference<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>25-26 September (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.aerospacesummit.com\/\" style=\"\">Global Aerospace Summit<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>30 September - 2 October (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.aviationnews-online.com\/conferences\/dubai\/\" style=\"\">African & Middle East & Islamic Finance Aviation 100 Awards<\/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>13 October (Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.itfglobal.org\/en\/events\/itf-congress-2024-marrakech\" style=\"\">International Transport Workers\u2019 Federation (ITF) Congress<\/a><\/span><span style=\"font-weight:400;\">, Marrakesh, Morocco.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>16-17 October (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/gaaf2024.com\/\" style=\"\">Global Airport & Aviation Forum<\/a><\/span><span style=\"font-weight:400;\">, Jeddah, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>21-22 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>11-12 November (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.saudiairportexhibition.com\/\" style=\"\">Saudi Airport Exhibition<\/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;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>19-21 November (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/simrsnf.com\/\" style=\"\">Saudi International Maritime Forum<\/a><\/span><span style=\"font-weight:400;\">, Dammam, 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;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">20-21 November (Wednesday-Thursday): Saudi Rail Exhibition, 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 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>2-3 December (Monday-Tuesday) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iata.org\/en\/events\/all\/wings-of-change-middle-east\/\" style=\"\">Wings of Change Middle East<\/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>10-11 December (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/morocco.railmeetings.com\/en\/\" style=\"\">Rail Industry Summit<\/a><\/span><span style=\"font-weight:400;\">, Casablanca, Morocco.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>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 style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iata.org\/en\/pressroom\/2024-releases\/2024-06-03-04\/\" style=\"\">IATA Annual General Meeting (AGM) and World Air Transport Summit<\/a><\/span><span style=\"font-weight:400;\">, New Delhi, India.<\/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>PMIs in for KSA, UAE + Egypt | Dnata expands European footprint | Lots of M&#038;A activity bubbling in the UAE<\/p>\n","protected":false},"featured_media":79504,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-79503","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"28698e26-715e-4178-b411-0e83723d0bbf","teaser":"PMIs in for KSA, UAE + Egypt | Dnata expands European footprint | Lots of M&A activity bubbling in the UAE","photo_url":"https:\/\/ent.news\/2024\/1\/1277.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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