{"id":79982,"date":"2024-07-29T00:00:00","date_gmt":"2024-07-29T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=79982"},"modified":"2025-12-15T15:01:22","modified_gmt":"2025-12-15T15:01:22","slug":"oman-to-develop-a-new-lng-railway-in-south-sharqiyah","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/oman-to-develop-a-new-lng-railway-in-south-sharqiyah\/","title":{"rendered":"Oman to develop a new LNG railway in South Sharqiyah."},"content":{"rendered":"<section id=\"79984\" 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=\"79984\">\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\/29\/today-oman-ramps-up-lng-supply-flynas-increases-airbus-order-book\/\">\r\n                            TODAY: Oman ramps up LNG supply + Flynas increases Airbus order book                        <\/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\/29\/today-oman-ramps-up-lng-supply-flynas-increases-airbus-order-book\/\" 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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Seating is strictly limited at our flagship, invitation-only forum for C-suite executives and other senior leaders. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why attend? We\u2019re in the early days of a generational realignment of power in our <\/strong><strong>industry<\/strong> \u2014 in our region and beyond \u2014 and on the cusp of <strong>the biggest intergenerational transfer of wealth the world has ever seen<\/strong>. With that as the backdrop, we\u2019re going to take stock of where we stand six months after the float of the EGP and ask what\u2019s next for finance in Egypt and the wider region. Among the questions we\u2019ll be asking:<\/p>\n<ul>\n<li>What roles will Egypt, Saudi and the UAE play in the regional industry going forward? <\/li>\n<li>What are foreign investors looking for right now? <\/li>\n<li>Is real estate the only asset class in Egypt?<\/li>\n<li>What does the next generation of leaders think as they take over established family businesses? <\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Do you want to request an invitation? <\/strong>Tap or click the image below. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a href=\"http:\/\/finance2024.enterprise.news\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/ads\/imgs\/272.jpg?ssl=1\"\/><\/a> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG LOGISTICS STORY- <\/strong><strong>Climate activists caused major <\/strong><strong>disruption at German airports over the weekend: <\/strong>Around 140 flights were canceled on Thursday after climate activists from climate protest group Letzte Generation blocked Frankfurt airport runways to protest fossil fuels. The disruption at Germany\u2019s busiest airport lasted two hours but delays were made for the remainder of the day before flights were resumed later. About 30 flights were canceled at Cologne-Bonn airport for the same reason a day earlier. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>That wasn\u2019t the only attempt for airport activism: <\/strong>Authorities foiled similar attempts at other European airports, including London, Vienna, Oslo and Zurich.The activists said such blockades were just the start of a wide campaign to end fossil fuels by 2030 with similar actions planned across Europe and North America in the coming weeks.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The story grabbed a lot of ink in the int\u2019l press over the weekend:<\/strong> <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/europe\/germanys-cologne-airport-shuts-down-climate-group-disrupts-traffic-2024-07-24\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/germany-frankfurt-airport-climate-protest-flights-fbc476e30fbb9a5005e49e6614ef4686#\" style=\"\" rel=\"noopener\">AP<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/110f488d-b83d-4f73-adc9-2188c50b2b03\" style=\"\" rel=\"noopener\">Financial Times<\/a> | <a target=\"_blank\" href=\"https:\/\/edition.cnn.com\/2024\/07\/25\/travel\/germany-frankfurt-airport-climate-protest-intl-hnk\/index.html\" style=\"\" rel=\"noopener\">CNN<\/a> | <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/world\/article\/2024\/jul\/25\/frankfurt-airport-temporarily-halts-flights-after-climate-activists-stage-demonstration\" style=\"\" rel=\"noopener\">The Guardian<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bbc.com\/news\/articles\/cd17j7e528jo\" style=\"\" rel=\"noopener\">BBC<\/a> | <a target=\"_blank\" href=\"https:\/\/www.cbsnews.com\/news\/frankfurt-airport-protest-climate-change-activists-glued-taxiway-flight-delays-europe\/\" style=\"\" rel=\"noopener\">CBS<\/a> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">^^ We have everything on this story and more in the news well, below.<\/p>\n<p class=\"tag-border-left\"> HAPPENING TODAY- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Chilean President Gabriel Boric lands in the UAE for the first time to meet with President <\/strong><strong>Sheikh Mohamed bin Zayed Al Nahyan today<\/strong>, <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/141eh6j-uae-and-chile-towards-comprehensive-economic\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The two leaders will discuss economic, trade, and developmental cooperation and make an announcement on their trade and economic partnership, for which they recently <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/eff33d13-f5f0-4099-a017-1757ca05ce52\/uae-wraps-trade-agreement-talks-with%253cmark%253e-chile%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">concluded<\/a> negotiations. The agreement is set to boost cooperation on food security, tech, investment, and space. <\/p>\n<p class=\"tag-border-left\">WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt1\"><\/a>#1- <\/strong><strong>Egypt is considering the purchase of a floating regasification unit in partnership with <\/strong><strong>Jordan<\/strong> to uptake and process LNG shipments for integration into their national grids, two sources told <a target=\"_blank\" href=\"https:\/\/asharqbusiness.com\/economics\/49699\/%D9%85%D8%B5%D8%B1-%D8%AA%D8%AF%D8%B1%D8%B3-%D8%B4%D8%B1%D8%A7%D8%A1-%D9%88%D8%AD%D8%AF%D8%A9-%D8%AA%D8%BA%D9%88%D9%8A%D8%B2-%D8%B9%D8%A7%D8%A6%D9%85%D8%A9-%D8%A8%D8%A7%D9%84%D8%B4%D8%B1%D8%A7%D9%83%D8%A9-%D9%85%D8%B9-%D8%A7%D9%84%D8%A3%D8%B1%D8%AF%D9%86\/#\" style=\"\" rel=\"noopener\">AlSharq Business<\/a>. The ship will reportedly be co-owned by the two countries, who are currently in talks to weigh the \u201cfeasibility of jointly purchasing a regasification ship to meet the energy needs of both countries,\u201d one source told the news outlet. The ship would be leased out to other nations once both countries stabilize their gas supply.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background:<\/strong> Egypt and Jordan agreed to purchase LNG to circumvent electricity shortages <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/7c0def15-a646-4ad3-9194-5289d4930a91\" style=\"\" rel=\"noopener\">in April<\/a>, with Egypt\u2019s Natural Gas Holding Company (EGAS) having purchased an LNG shipment slated for delivery at Jordan\u2019s Aqaba gasification plant, which will be transported to Egypt via a gas pipeline.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt2\"><\/a>#2-<\/strong> <strong>Oman\u2019s Ibri city will integrate logistics services as part of its expansion plans<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.omanobserver.om\/article\/1156818\/business\/economy\/dry-port-logistics-to-be-factored-into-new-ibri-structure-plan\" style=\"\" rel=\"noopener\">Oman<\/a><a target=\"_blank\" href=\"https:\/\/www.omanobserver.om\/article\/1156818\/business\/economy\/dry-port-logistics-to-be-factored-into-new-ibri-structure-plan\" style=\"\" rel=\"noopener\">Observer<\/a> reported on Saturday. The city infrastructure plan includes developing a dry port, warehousing and logistics infrastructure, and manufacturing centers as part of plans to establish itself as a strategic logistics hub in Al Dhahirah governorate. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3-<\/strong> <strong>Indian airline IndiGo will lease six Boeing 737 Max aircraft from Qatar Airways to <\/strong><strong>counter an aircraft shortage caused by engine and supply chain <\/strong><strong>issues<\/strong>, Indian news outlet the <a target=\"_blank\" href=\"https:\/\/www.financialexpress.com\/business\/airlines-aviation-indigo-secures-boeing-737-max-aircraft-from-qatar-airways-amidst-operational-challenges-3566251\/\" style=\"\" rel=\"noopener\">Financial Express<\/a> reported on Saturday. The agreement is under a damp lease and includes maintenance, cabin crew training, and ins. services from Qatar Airways. The budget airline had said it planned to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/f36ed385-10d6-4e63-b2cf-f0b7f4e30e54\/%253cmark%253eindigo%253c%2Fmark%253e-to-lease-five-qatar-airways-boeing-737-max-aircraft\" style=\"\" rel=\"noopener\">lease five Boeing 737 Max aircraft<\/a> from Qatar Airways for six months to meet summer season travel demands back in February. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- Some 80 nations including Saudi Arabia reached an agreement on rules regulating <\/strong><strong>global e-commerce <\/strong><strong>on Friday<\/strong>, including the recognition of e-signatures and protection against online fraud, <a target=\"_blank\" href=\"https:\/\/www.arabnews.com\/node\/2557341\/saudi-arabia\" style=\"\" rel=\"noopener\">Arab News<\/a> reports. A <a target=\"_blank\" href=\"https:\/\/twitter.com\/VDombrovskis\/status\/1816776573736964224\/photo\/1\" style=\"\" rel=\"noopener\">statement by the World Trade Organization<\/a> said participants agreed on a preliminary \u201cstabilized text\u201d after five years of talks about what could become the first global digital trade agreement. The agreement among the 80 members won\u2019t become a full WTO pact unless all members of the UN trade body sign on.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The goal: <\/strong>To make e-commerce faster, more affordable, and more secure on a global scale while reducing barriers, according to a <a target=\"_blank\" href=\"https:\/\/www.gov.uk\/government\/news\/uk-joins-groundbreaking-global-digital-trade-agreement\" style=\"\" rel=\"noopener\">statement<\/a> by the UK Department for Business and Trade.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The provisions <\/strong>include the recognition of e-signatures and e-documents, protection against online fraud and misleading claims, digitalization of customs documents and processes, limitations on spam, protections for personal data, and support for least-developed countries, a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/7\/2141.pdf\" style=\"\" rel=\"noopener\">the text of the agreement (pdf)<\/a> shows.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>BACKGROUND- <\/strong>Australia, Japan, and Singapore led the talks, which both the European Union and China have hailed as \u201chistoric\u201d and \u201cgroundbreaking.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>No US backing just yet: <\/strong>The US said while the text was a positive step, more is needed to be done, including wording about exceptions for security interests, according to <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/eighty-nations-strike-deal-over-e-commerce-lack-us-backing-2024-07-26\/\" style=\"\" rel=\"noopener\">Reuters<\/a>. \u201cWe look forward to working with interested members in finding solutions to all remaining issues and moving the negotiation to a timely conclusion,\u201d US WTO ambassador Maria Pagan said. Others including Brazil, Indonesia, and Turkey also had minor reservations over the text, a trade source told Reuters. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#5- UAE dutyfree silver and platinum exports to India halted: <\/strong>India has terminated its dutyfree imports of silver and platinum from the UAE, following a reduction in import taxes to below the tax agreed between the countries under their economic partnership agreement, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/indias-duty-cut-halts-concessionary-silver-platinum-imports-uae-2024-07-25\/#:~:text=MUMBAI%2C%20July%2025%20(Reuters),and%20government%20officials%20told%20Reuters.\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Thursday, citing Indian government officials. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Indian government has slashed import duties on gold and silver from 15% to 6%.<\/strong> With the duty now lower than the 8% tax under the economic agreement with the UAE, \u201cnobody is importing silver,\u201d Prithviraj Kothari, president of the India Bullion and Jewellers Association told Reuters. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In context: <\/strong>The UAE accounts for nearly half of India\u2019s silver imports, as importers made use of the lower 8% tax, with shipments surging from 133 tonnes to almost 2k tonnes over the first five months of 2024.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a>#6- We finally have a t<\/strong><strong>ender for Baghdad International Airport: <\/strong>Iraq has issued a two-stage public tender for a private partner to operate and develop Baghdad International Airport under a PPP contract, <a target=\"_blank\" href=\"https:\/\/english.alarabiya.net\/News\/middle-east\/2024\/07\/16\/iraq-invites-private-companies-to-operate-baghdad-airport?fbclid=IwY2xjawETACZleHRuA2FlbQIxMQABHSZUUBzG6GWl-ebCoGSCxjUGRsJQBUVZytfOXjr7Ij31AwZoVQhCChspvw_aem_RVwRcDScCjHUXJfm3iwFjQ\" style=\"\" rel=\"noopener\">AFP<\/a> reported last week, citing a document it has seen. The deadline for bid submission is 12 September, with the selected bidder \u201cexpected to modernize and rehabilitate the airport infrastructure, expand passenger and cargo terminal facilities... and operate and maintain the airport in line with international best practice,\u201d the document said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A first for Iraq: <\/strong>The move marks the \u201cfirst time that the Iraqi government, in cooperation with the IFC, opens its airports to private international investment,\u201d Iraqi foreign affairs advisor to the PM Farhad Alaaldin told AFP.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Iraq brought out the big guns: <\/strong>The Iraqi government has inked an agreement with the World Bank\u2019s International Financial Cooperation to act as a lead advisor for the PPP. The IFC will provide oversight from its inception and ensure the new services comply with <a target=\"_blank\" href=\"https:\/\/aviationweek.com\/air-transport\/airports-networks\/iraq-launches-tender-develop-baghdad-airport-under-ppp-contract\" style=\"\" rel=\"noopener\">international standards<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">MARKET WATCH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong>Oil prices rose in early morning trading backed by concern on growing escalation <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/nine-people-killed-rocket-hits-football-pitch-israeli-occupied-golan-israel-2024-07-27\/\" style=\"\" rel=\"noopener\">between Israel and Lebanon<\/a><\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/oil-prices-rise-fears-wider-middle-east-conflict-after-rocket-strike-golan-2024-07-29\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. Brent crude futures rose USD 0.33 to USD 81.46 a barrel, while US West Texas Intermediate climbed USD 0.23 to USD 77.36 a barrel. \"Worries over escalating tensions in the Middle East prompted fresh buying, but gains were limited by lingering concerns of weakening demand in China,\" Fujitomi Securities analyst Toshitaka Tazawa told the newswire. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Saudi Arabia purchased fuel oil from Kuwait in July for the first time since May 2022 <\/strong>to cope with a summertime surge in demand for electricity, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/saudi-arabia-turns-kuwait-fuel-oil-rare-move-meet-summer-demand-2024-07-25\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing shipping analytics firms Kpler and Vortexa. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>By the numbers: <\/strong>Saudi imported c. 37k barrels per day of fuel oil from Kuwait and is on track to buy more in August Aramco Trading was awarded a tender to purchase 130k tons of very low sulfur fuel oil from Kuwait\u2019s Al Zour refinery, trade sources said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN CONTEXT- <\/strong>Russia is Saudi\u2019s preferred supplier of fuel oil, but has been supplying more and more to Chinese and Indian buyers, prompting Saudi to buy from Kuwait. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3-<\/strong><strong>Drewry shipping index breaks 12-week gain streak: <\/strong>The Drewry World Container Index fell 2.2% to USD 5,8k per 40-ft container on Thursday, ending an almost three-month rise, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-07-25\/container-shipping-rates-snap-weeks-of-gains-as-restock-rally-fades-snarls-ease?srnd=phx-economics-trade\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported. The spot rate decline came on the back of low demand due to US tariffs on Chinese goods and trade disruptions sparked an earlier-than-usual peak season for restocking. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- <\/strong><strong>Baltic index sees weekly fall: <\/strong>The Baltic Exchange\u2019s dry bulk sea freight index \u2014 which tracks rates for the capesize, panamax, and supramax vessel segment \u2014 was down 1.4% to 1,808 on Saturday, its lowest level in two months, weighed down by low capesize rates, <a target=\"_blank\" href=\"https:\/\/www.hellenicshippingnews.com\/baltic-index-falls-for-sixth-straight-session-on-softer-capesize-rates-2\/#google_vignette\" style=\"\" rel=\"noopener\">Reuters<\/a> reported. Capesize dipped 3% to 2,614, while the panamax segment was up 0.4% to 1,792 points. The smaller supramax index fell 0.1% to 1,386 points.<\/p>\n<p class=\"tag-border-left\">DATA POINTS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- King Abdul Aziz Port in Dammam saw 28.8% y-o-y growth in cargo<\/strong><strong> throughput in <\/strong><strong>Jun<\/strong><strong>e,<\/strong> hitting 24.9 mn tons, compared to 19.4 mn tons in the same month last year, according to a <a target=\"_blank\" href=\"https:\/\/mawani.gov.sa\/article?news=250724\" style=\"\" rel=\"noopener\">statement<\/a> from the Saudi Ports Authority (Mawani). Exported containers increased 39.1% to 624.7k TEUs, while imported containers rose 34.7% to 872.4 TEUs. Meanwhile, transshipment containers volume increased 87.9% y-o-y to 37.8k TEUs. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- <\/strong>Cargo transported on freight trains rose 9% in 2Q 2024 to 6.9 mn tons, the Transport General Authority said in a <a target=\"_blank\" href=\"https:\/\/x.com\/Saudi_TGA\/status\/1816469887239221705\/photo\/1\" style=\"\" rel=\"noopener\">post on X<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2-<\/strong> <strong>Saudi\u2019s non-oil exports rose 2.1% y-o-y in May 2024<\/strong>, according to the latest data from the <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/7\/2118.pdf\" style=\"\" rel=\"noopener\">General Authority for Statistics (pdf)<\/a>. Total non-oil exports, including re-exports increased 8.2% in May compared to the same month last year. Meanwhile, import volumes increased 2.6%. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>SOUND SMART-<\/strong> Re-exports are products that one country imports and re-sells to another country as-is, without providing added value or labor input in the process. This can happen for various reasons, including taking advantage of price differences between markets, fulfilling orders, or redistributing goods to markets where there is demand.<\/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:\/\/www.saudilogisticsexpo.com\/\" style=\"\" rel=\"noopener\">Saudi Warehousing and Logistics Expo<\/a><\/strong><strong> on Monday, 2 <\/strong><strong>September to Wednesday, 4 September <\/strong>in Riyadh. The event will bring together leaders in the supply chain, warehousing, and logistics industry from across the Kingdom to discuss investments, trade, geopolitical risks, and localized manufacturing.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.egypt-air-show.com\/\" style=\"\" rel=\"noopener\">Egypt International Airshow<\/a><\/strong><strong> on Tuesday, 3 September to Thursday, <\/strong><strong>5 September <\/strong>in El Alamein. The event will host a range of discussions touching on industrialization, digitalization, and globalization in the regional commercial aviation sector. During the event, aircrafts and innovative aerospace products, and services will be showcased.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi Arabia will host <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.skymovemena.com\/\" style=\"\" rel=\"noopener\">SkyMove MENA<\/a><\/strong><strong> on Tuesday, 10 September and Wednesday, 11 <\/strong><strong>September<\/strong> in Riyadh. The event will gather global industry stakeholders, experts, and service providers to discuss challenges in the regional aviation industry.<\/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\/e-commerce\/\">e-commerce<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/lng\/\">LNG<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/what-were-tracking-today\/\">WHAT WE\u2019RE TRACKING 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 <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">Rail<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/29\/oman-to-develop-a-new-lng-railway-in-south-sharqiyah\/\">\r\n                            Oman to develop a new LNG railway in South Sharqiyah                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2303.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79988\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/29\/oman-to-develop-a-new-lng-railway-in-south-sharqiyah\/2303-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2303.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2303.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2303.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2303.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79987\" class=\"content-area-description single-story post-79987 post type-post status-publish format-standard has-post-thumbnail hentry category-rail tag-lng tag-oman tag-rail 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\/8\/.c9011bf3-326f-4aab-a4ae-52428411a892.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Oman lays new tracks to boost LNG infrastructure: <\/strong>Oman\u2019s Energy and Minerals Ministry will build a new liquefied natural gas (LNG) rail connection at the Qalhat Industrial Complex in South Sharqiyah to boost Oman\u2019s LNG production to 15.2 m metric tonnes per year, according to a <a target=\"_blank\" href=\"https:\/\/mem.gov.om\/en-us\/Media-Center\/News\/ArtMID\/608\/ArticleID\/1401\/The-Sultanate-of-Oman-Announces-Development-of-a-New-LNG-Train-in-South-Sharqiyah-Governorate\" style=\"\" rel=\"noopener\">statement<\/a> released on Saturday. The project is slated to be operational by 2029 and no investment ticket has been disclosed. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">What we know: <\/strong><span style=\"background-color: transparent;\">The new train will have a capacity of 3.8 mm metric tonnes of LNG per year. The Omani government is in the process of finalizing the front-end engineering design (FEED) study for the project in order to announce the project\u2019s final investment decision (FID).<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why is this significant? <\/strong>\u201cThe addition of a new LNG train is a key component of Oman's strategy to solidify its position as a leading producer and exporter of liquefied natural gas in the global market,\u201d Oman\u2019s Energy Minister Salem Al Aufi said in the statement.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>LNG is big in Oman: <\/strong>The country \u2014 <a target=\"_blank\" href=\"https:\/\/www.omanobserver.om\/article\/1155693\/business\/energy\/oman-remains-a-significant-player-in-the-global-lng-market\" style=\"\" rel=\"noopener\">the ninth-largest LNG exporter globally<\/a> \u2014 exported <a target=\"_blank\" href=\"https:\/\/www.omanobserver.om\/article\/1152341\/business\/energy\/oman-maintains-position-as-among-top-lng-exporters-in-the-world\" style=\"\" rel=\"noopener\">nearly 1 mn metric tonnes of LNG<\/a> in February 2024, with global exports totalling 33.9 mn tonnes. It also exported 11.4 mn metric tonnes of LNG in 2023, making up 3% of the world\u2019s total LNG exports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>There\u2019s been a lot of Omani LNG action lately: <\/strong>Oman\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/5d90dc82-4a8f-4a0d-9303-f05217d350fe\/%253cmark%253eoman%253c%2Fmark%253e%25e2%2580%2599s-asyad-is-reportedly-planning-to-ipo-asyad-shipping-this-year\" style=\"\" rel=\"noopener\">Asyad Group is planning an IPO of its LNG transport<\/a> arm Asyad Shipping by the end of year. TotalEnergies inked a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/fe2de966-8c9e-4949-a4f8-55856bfb476f\/totalenergies-inks-offtake-agreement-with%253cmark%253e-oman-lng%253c%2Fmark%253e-%2B-dp-world-gets-serious-about-sustainable-development\" style=\"\" rel=\"noopener\">Sale and Purchase Agreement (SPA) with Oman LNG<\/a> back in April to offtake 0.8 mn metric tons per annum of LNG for a 10-year period beginning in 2025. Oman LNG also signed a SPA with <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/713e0908-4bb4-4cb7-a6c2-a33f85a98d47\/\" style=\"\" rel=\"noopener\">Turkey\u2019s BOTAS Petroleum Pipeline Corporation<\/a> for the supply of 1 mn metric tonnes per annum (mtpa) of LNG for 10 years and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/4d40611d-114f-495e-96e2-f260099fa90c\/etihad-cargo-boosts-cool-chain-offerings-%2B-mawani-set-to-issue-fines-for-non-compliance-on-customs-procedures\" style=\"\" rel=\"noopener\">Japan\u2019s Jera for the supply of 0.8 mn metric tons<\/a> of LNG per year over the same period \u2014 both starting 2025.<\/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\/lng\/\">LNG<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/rail\/\">RAIL<\/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=\"79989\" 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=\"79989\">\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\/29\/saudis-flynas-places-an-order-for-160-aircraft-from-airbus\/\">\r\n                            Saudi\u2019s Flynas places an order for 160 aircraft from Airbus                        <\/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\/29\/saudis-flynas-places-an-order-for-160-aircraft-from-airbus\/\" 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\/29\/saudis-flynas-places-an-order-for-160-aircraft-from-airbus\/')\">\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\/29\/saudis-flynas-places-an-order-for-160-aircraft-from-airbus\/\">\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=Saudi\u2019s Flynas places an order for 160 aircraft from Airbus&url=https:\/\/enterpriseam.com\/logistics\/2024\/07\/29\/saudis-flynas-places-an-order-for-160-aircraft-from-airbus\/\">\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\/29\/saudis-flynas-places-an-order-for-160-aircraft-from-airbus\/&title=Saudi\u2019s Flynas places an order for 160 aircraft from Airbus\">\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=Saudi%E2%80%99s+Flynas+places+an+order+for+160+aircraft+from+Airbus+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F07%2F29%2Fsaudis-flynas-places-an-order-for-160-aircraft-from-airbus%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\/29\/saudis-flynas-places-an-order-for-160-aircraft-from-airbus\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2305.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79990\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/29\/saudis-flynas-places-an-order-for-160-aircraft-from-airbus\/2305-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2305.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2305.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2305.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2305.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79989\" class=\"content-area-description single-story post-79989 post type-post status-publish format-standard has-post-thumbnail hentry category-aviation tag-aviation tag-saudi-arabia wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/8\/.529e0564-4f87-4c7f-8ca0-d2a152ec35ed.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi Arabian airline <\/strong><strong>Flynas has <\/strong><strong>placed a \u201clandmark\u201d order with Airbus <\/strong>for 30 wide-body A330neo and 130 narrow-body A320 aircraft, doubling the airline\u2019s total Airbus orders to 280, according to a <a target=\"_blank\" href=\"https:\/\/www.flynas.com\/en\/media-center\/news-updates\/flynas-annouces-landmark-purchease-of-160-new-airbus-aircraft-doubling-its-aircraft-orders-volume-to-total-280-aircraft\/\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. Under the agreement, Flynas will buy 75 A320neo family aircraft and 15 A330-900, according to a separate <a target=\"_blank\" href=\"https:\/\/www.airbus.com\/en\/newsroom\/press-releases\/2024-07-flynas-signs-agreement-for-additional-75-a320neo-family-aircraft\" style=\"\" rel=\"noopener\">statement<\/a> by Airbus. Flynas will also have options for 55 A320neo aircraft and 15 A330s. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What we know so far: <\/strong>Deliveries for the A330neos are scheduled to start in 2027, flynas said. No financial value was provided but independent aviation consultancy estimates the value of the order at USD 5.7 bn, according to <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/deals\/saudis-flynas-strikes-deal-75-airbus-a320neos-15-a330s-2024-07-25\/\" style=\"\" rel=\"noopener\">Reuters<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Remember: <\/strong><span style=\"background-color: transparent;\">Flynas <\/span><a target=\"_blank\" href=\"https:\/\/www.flynas.com\/en\/media-center\/news-updates\/30-new-a320neo\" rel=\"noopener\">placed<\/a><span style=\"background-color: transparent;\"> a top-up order with Airbus last year for 30 A320neos, bringing its SAR 32 bn 2016 purchase with the company to a total of 120 aircraft. The carrier received its 50th aircraft from the substantial order of Airbus A320 airliners <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/2de95eba-080c-45ae-9105-a8a5013f8c14\/%253cmark%253eflynas%253c%2Fmark%253e-reportedly-confirms-ipo-plans-on-tadawul-this-year\" rel=\"noopener\">in April<\/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>Following in the footsteps of Saudia?<\/strong> National carrier Saudia is <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/b47650e5-fa13-45db-ab57-fb76c28b1ec5\" style=\"\" rel=\"noopener\">set to receive<\/a> the first deliveries from its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/027bea23-9269-4073-8314-6a784852c0ed\" style=\"\" rel=\"noopener\">landmark USD 19 bn Airbus order<\/a> in 2026, when it will receive 15-16 aircraft out of the 105 it ordered, Saudia Director General Ibrahim Al Omar said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Preparing to go public<\/strong><strong>:<\/strong> Flynas <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/2de95eba-080c-45ae-9105-a8a5013f8c14\/%253cmark%253eflynas%253c%2Fmark%253e-reportedly-confirms-ipo-plans-on-tadawul-this-year\" style=\"\" rel=\"noopener\">confirmed plans<\/a> for a listing on Tadawul this year. Further details on the IPO were not provided, but there were reports advisors had been hired to line up an IPO in December 2023. The airline tapped Goldman Sachs, Morgan Stanley, and Saudi Fransi Capital for the IPO.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"79991 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"79991\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/29\/79991\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79991\" class=\"content-area-description single-story post-79991 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/yanmuparks.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/425.jpg?ssl=1\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"79992\" 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=\"79992\">\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\">Investment Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/29\/aramco-and-the-pif-double-their-investments-in-saudi-steel-production-jv\/\">\r\n                            Aramco and the PIF double their investments in Saudi steel production JV                        <\/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\/29\/aramco-and-the-pif-double-their-investments-in-saudi-steel-production-jv\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The plant is expected to go online at the end of 2026.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why is this important? <\/strong>The project is set to have an annual capacity of 2.5 mn tons of direct reduced iron and 1.5 mn tons of steel plate. The plant will target the MENA oil and gas, shipbuilding, and construction industries.<\/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 details: <\/strong><a target=\"_blank\" href=\"https:\/\/www.baosteel.com\/en\/home\" rel=\"noopener\">Baosteel<\/a><span style=\"background-color: transparent;\"> will increase its investment to USD 1 bn, up from USD 437.5 mn, while Aramco and the PIF will raise theirs to USD 500 mn each from USD 218.8 mn. The shareholding structure will remain unchanged.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Who owns what: <\/strong><a target=\"_blank\" href=\"https:\/\/www.baosteel.com\/en\/home\" style=\"\" rel=\"noopener\">Baosteel<\/a>, a unit of the world's largest steelmaker, China Baowu Steel Group, signed a shareholders\u2019 agreement with Aramco and the PIF in <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/deals\/chinas-baosteel-saudi-aramco-pif-set-up-jv-build-steel-plant-saudi-aramco-2023-05-01\/\" style=\"\" rel=\"noopener\">May 2023<\/a> to set up a JV in Ras Al-Khair City, with Baosteel owning a 50% stake, and Saudi Aramco and PIF taking 25% each.<\/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\/aramco\/\">Aramco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/investment-watch\/\">INVESTMENT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/manufacturing\/\">manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/steel\/\">steel<\/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=\"79994\" 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=\"79994\">\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\">Diplomacy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/29\/uae-joins-brics-trade-talks-concludes-negotiations-on-cepa-with-morocco\/\">\r\n                            UAE joins Brics trade talks + concludes negotiations on CEPA with Morocco                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/29\/uae-joins-brics-trade-talks-concludes-negotiations-on-cepa-with-morocco\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The communique also focused on fostering e-commerce, supporting MSMEs through technology and exports, and integrating digital technologies like e-certification in global trade. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This was the UAE's first participation in a Brics Trade Ministers\u2019 Meeting since becoming a member in August 2023<\/strong>. The meeting also proposed a forum for cooperation on special economic zones and laid the groundwork for the upcoming BRICS Summit in Kazan, Russia.<\/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 <\/strong><strong style=\"background-color: transparent;\">UAE + Morocco also wrapped trade talks:<\/strong><span style=\"background-color: transparent;\"> Foreign Trade Minister Thani bin Ahmed Al Zeyoudi and Morocco\u2019s Minister of State for Foreign Trade Ryad Mezzour concluded negotiations on a comprehensive economic partnership agreement (CEPA) between the two countries, according to a separate <\/span><a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b4dfd0u-uae-morocco-finalise-terms-comprehensive-economic\" rel=\"noopener\">Wam<\/a><span style=\"background-color: transparent;\"> report.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE-Morocco partnership will reduce or remove tariffs<\/strong>, improve market access, harmonize customs, and establish rules of origin for goods. It will also create investment and private-sector collaboration platforms in renewable energy, tourism, infrastructure, mining, food security, transport, logistics, and ICT.<\/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\/brics\/\">BRICS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"79996 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=\"79996\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/29\/79996\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79996\" class=\"content-area-description single-story post-79996 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=\"79997\" 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=\"79997\">\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\">Earnings Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/29\/2q-earnings-pile-in-from-bahri-al-seer-and-national-marine-dredging-co\/\">\r\n                            2Q earnings pile in from Bahri, Al Seer, and National Marine Dredging Co                        <\/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\/29\/2q-earnings-pile-in-from-bahri-al-seer-and-national-marine-dredging-co\/\" target=\"_blank\">\n                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         <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=2Q earnings pile in from Bahri, Al Seer, and National Marine Dredging Co&url=https:\/\/enterpriseam.com\/logistics\/2024\/07\/29\/2q-earnings-pile-in-from-bahri-al-seer-and-national-marine-dredging-co\/\">\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\/29\/2q-earnings-pile-in-from-bahri-al-seer-and-national-marine-dredging-co\/&title=2Q earnings pile in from Bahri, Al Seer, and National Marine Dredging Co\">\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=2Q+earnings+pile+in+from+Bahri%2C+Al+Seer%2C+and+National+Marine+Dredging+Co+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F07%2F29%2F2q-earnings-pile-in-from-bahri-al-seer-and-national-marine-dredging-co%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\/29\/2q-earnings-pile-in-from-bahri-al-seer-and-national-marine-dredging-co\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/368.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79998\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/29\/2q-earnings-pile-in-from-bahri-al-seer-and-national-marine-dredging-co\/368-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/368.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"368.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/368.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/368.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79997\" class=\"content-area-description single-story post-79997 post type-post status-publish format-standard has-post-thumbnail hentry category-earnings-watch tag-bahri tag-earnings-watch tag-saudi-arabia 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\/.2f76df32-a4fb-4b62-a800-9aceb901a000.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Earnings season is in full swing with 2Q reports shuffling in<\/strong>, here\u2019s how some of our regional logistics players are faring this morning\u2026<\/p>\n<p class=\"tag-border-left\">BAHRI-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi national shipping company Bahri\u2019s 2Q 2024 bottom line rose by 48% y-o-y to SAR <\/strong><strong>733 mn<\/strong>, up <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=81542&amp;anCat=1&amp;cs=4030&amp;locale=en\" style=\"\" rel=\"noopener\">some 61%<\/a> from 1Q, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/7\/2182.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a>. The firm's topline grew by 15% y-o-y to reach SAR 2.71 bn, rising around 17.2% q-o-q from SAR 2.31 bn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A wider look at 1H performance: <\/strong>Bahri\u2019s bottomline grew by 20% y-o-y to SAR 1.19 bn in 1H 2024, attributed to cost efficiency solutions, the statement said. The firm\u2019s topline rose by 6% y-o-y to SAR 5.03 bn in 1H.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Behind the numbers: <\/strong><span style=\"background-color: transparent;\">The boost to net gain was driven by growing operational activities and the improvement of global shipping rates, which caused a spike in revenues across a variety of sectors, including logistics, chemical transportation, and dry bulk, says the statement. A drop in oil transportation revenues was counterbalanced by a rise in global shipping rates, which have buoyed the firm\u2019s earnings.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said:<\/strong> \u201cOur success was driven by optimized fleet management and route<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">efficiency, supported by improved market conditions for VLCCs and chemical tankers,\u201d said CEO Ahmed Ali Al Subaey.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Looking ahead:<\/strong> The company is looking to generate further growth through strategic fleet expansion and upgrades, says Al Subaey. The firm will also seek out strategic partnerships to boost its presence in domestic and international markets.<\/p>\n<p class=\"tag-border-left\"> AL SEER MARINE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Emirati maritime player Al Seer Marine reported AED 966.8 mn in losses in 2Q 2024<\/strong>, compared to a net income of AED 38 mn in the same period last year, according to its <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/7\/2301.pdf\" style=\"\" rel=\"noopener\">financials (pdf)<\/a>. Revenues rose 1% y-o-y to AED 316.1 mn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>On a six-month basis, the company recorded a net loss of AED 1.68 bn in 1H 2024, <\/strong>124% steeper than the previous year\u2019s AED 750 mn loss, according to the company\u2019s <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/7\/2202.pdf\" style=\"\" rel=\"noopener\">management report (pdf)<\/a>. This came as direct costs increased as a percentage of revenue to 92%. The International Holding Company subsidiary recorded a 2.8% y-o-y increase in revenues to AED 580 mn during 1H. <\/p>\n<p class=\"tag-border-left\">NATIONAL MARINE DREDGING COMPANY- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE\u2019s <\/strong><strong><a target=\"_blank\" href=\"https:\/\/nmdc-group.com\/en\/\" style=\"\" rel=\"noopener\">National Marine Dredging Company (NMDC)<\/a><\/strong><strong> saw its net income climb 42% <\/strong><strong>y-o-y to AED 820.2 mn in 2Q 2024, <\/strong>while revenues increased 91% y-o-y during the quarter to AED 6.78 bn, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/7\/2082.pdf\" style=\"\" rel=\"noopener\">disclosure (pdf)<\/a> released last week.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>On a six-month basis, NMDC\u2019s net income increased 66% y-o-y<\/strong> in 1H 2024 to AED 1.46 bn, driven by cost optimization measures and technological advancements. Its top line rose 79% y-o-y to AED 12.13 bn, as the company was awarded \u201cseveral significant contracts\u201d during the period.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>NMDC is eyeing an over AED 75 bn project pipeline: <\/strong>NMDC is currently participating in tenders for projects worth AED 75 bn within and outside the MENA region, the company\u2019s CEO Yasser Zaghloul told <a target=\"_blank\" href=\"https:\/\/www.asharqbusiness.com\/companies\/49549\/%D8%A7%D9%84%D8%AC%D8%B1%D8%A7%D9%81%D8%A7%D8%AA-%D8%A7%D9%84%D8%A8%D8%AD%D8%B1%D9%8A%D8%A9-%D8%A3%D8%A8%D9%88%D8%B8%D8%A8%D9%8A-%D8%AA%D8%B7%D9%85%D8%AD-%D9%84%D9%85%D8%B4%D8%A7%D8%B1%D9%8A%D8%B9-%D8%A8%D9%82%D9%8A%D9%85%D8%A9-75-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AF%D8%B1%D9%87%D9%85\/\" style=\"\" rel=\"noopener\">Asharq Business (watch, runtime, 8:10)<\/a>. NMDC has secured its first project in Europe, and plans to expand its footprint further in the continent and other active global markets, Zaghloul said, without disclosing further details. <\/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\/bahri\/\">Bahri<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/earnings-watch\/\">EARNINGS WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/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=\"79999\" 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=\"79999\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Startup Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/29\/emirati-startup-watermelon-market-secures-usd-4-mn-in-series-a-funding-round\/\">\r\n                            Emirati startup Watermelon Market secures USD 4 mn in series A funding round                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/29\/emirati-startup-watermelon-market-secures-usd-4-mn-in-series-a-funding-round\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/logistics\/2024\/07\/29\/emirati-startup-watermelon-market-secures-usd-4-mn-in-series-a-funding-round\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/logistics\/2024\/07\/29\/emirati-startup-watermelon-market-secures-usd-4-mn-in-series-a-funding-round\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Emirati startup Watermelon Market secures USD 4 mn in series A funding round&url=https:\/\/enterpriseam.com\/logistics\/2024\/07\/29\/emirati-startup-watermelon-market-secures-usd-4-mn-in-series-a-funding-round\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/logistics\/2024\/07\/29\/emirati-startup-watermelon-market-secures-usd-4-mn-in-series-a-funding-round\/&title=Emirati startup Watermelon Market secures USD 4 mn in series A funding round\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Emirati+startup+Watermelon+Market+secures+USD+4+mn+in+series+A+funding+round+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F07%2F29%2Femirati-startup-watermelon-market-secures-usd-4-mn-in-series-a-funding-round%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/29\/emirati-startup-watermelon-market-secures-usd-4-mn-in-series-a-funding-round\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1651.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"80000\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/29\/emirati-startup-watermelon-market-secures-usd-4-mn-in-series-a-funding-round\/1651-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1651.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1651.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1651.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1651.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79999\" class=\"content-area-description single-story post-79999 post type-post status-publish format-standard has-post-thumbnail hentry category-startup-watch tag-startup-watch tag-startups tag-supply-chains tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/8\/.47111e5b-e886-4fae-8c4e-614af76abdc2.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Dubai-based food supply ordering platform <\/strong><strong><a target=\"_blank\" href=\"http:\/\/www.watermelon.market\/\" style=\"\" rel=\"noopener\">Watermelon Market<\/a><\/strong><strong> secured <\/strong><strong>USD 4 mn <\/strong><strong>in a series A funding round<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.khaleejtimes.com\/kt-network\/watermelon-collaborates-with-daman-investments-to-secure-4-million-in-series-a-funding\" style=\"\" rel=\"noopener\">Khaleej Times<\/a> writes. The funding saw participation from prominent investors \u2014 with Daman Investments acting as the exclusive fundraising advisor \u2014 giving new investors a 13.8% stake and valuing the company at USD 29 mn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Where is the money going?<\/strong><span style=\"background-color: transparent;\"> Watermelon plans to use the money to expand locally and regionally and to enhance their product offerings, Watermelon CEO Omar Al Shamsi was quoted as saying.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Watermelon: <\/strong>Founded in 2020, Watermelon connects over 200 suppliers with 400 restaurants, according to the <a target=\"_blank\" href=\"https:\/\/www.adsmehub.ae\/en\/explore\/post-details\/watermelon-market-interview\" style=\"\" rel=\"noopener\">Abu Dhabi SME Hub<\/a>. Watermelon concluded its seed funding round back in 2022.<\/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\/startup-watch\/\">STARTUP WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/startups\/\">startups<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/supply-chains\/\">supply chains<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"80001\" 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=\"80001\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Also on Our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/29\/trade-and-last-mile-delivery-updates-from-the-uae-and-saudi-arabia\/\">\r\n                            Trade and last-mile delivery updates from the UAE and Saudi Arabia                        <\/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\/29\/trade-and-last-mile-delivery-updates-from-the-uae-and-saudi-arabia\/\" 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\/29\/trade-and-last-mile-delivery-updates-from-the-uae-and-saudi-arabia\/')\">\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\/29\/trade-and-last-mile-delivery-updates-from-the-uae-and-saudi-arabia\/\">\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=Trade and last-mile delivery updates from the UAE and Saudi Arabia&url=https:\/\/enterpriseam.com\/logistics\/2024\/07\/29\/trade-and-last-mile-delivery-updates-from-the-uae-and-saudi-arabia\/\">\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\/29\/trade-and-last-mile-delivery-updates-from-the-uae-and-saudi-arabia\/&title=Trade and last-mile delivery updates from the UAE and Saudi Arabia\">\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=Trade+and+last-mile+delivery+updates+from+the+UAE+and+Saudi+Arabia+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F07%2F29%2Ftrade-and-last-mile-delivery-updates-from-the-uae-and-saudi-arabia%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\/29\/trade-and-last-mile-delivery-updates-from-the-uae-and-saudi-arabia\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1688.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"80002\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/29\/trade-and-last-mile-delivery-updates-from-the-uae-and-saudi-arabia\/1688-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1688.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1688.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1688.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1688.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-80001\" class=\"content-area-description single-story post-80001 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-dp-world tag-last-mile-2 tag-saudi-arabia tag-trade tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/8\/.50bec6eb-156b-44f5-80ee-6da71c109a58.mp3\"><\/audio><\/figure>\n<p class=\"tag-border-left\">TRADE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong>The UAE\u2019s DP World has opened 51 new freight forwarding offices across Asia <\/strong><strong>Pacific<\/strong>, expanding its end-to-end supply chain services in the region, according to a <a target=\"_blank\" href=\"https:\/\/www.dpworld.com\/news\/releases\/dp-world-supercharges-asia-pacific-trade-with-network-expansion\/\" style=\"\" rel=\"noopener\">statement<\/a> released on Friday. The move looks to help businesses form resilient supply chains amid increasing geopolitical and economic uncertainty impacting global trade, says Asia Pacific CEO and Managing Director Glen Hilton. The offices offer a range of services including port handling, freight management for both ocean and air, customs clearance, bonded warehousing services, and order and origin oversight. All these services are accessible through the firm\u2019s single digital window.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">#2- Saudi date farmers, sellers, marketers, and buyers are now required to use a centralized platform for<\/strong><span style=\"background-color: transparent;\"> <\/span><strong style=\"background-color: transparent;\">trading<\/strong><span style=\"background-color: transparent;\"> after <\/span><a target=\"_blank\" href=\"https:\/\/ncpd.gov.sa\/ar\" rel=\"noopener\">the National Center for Palms and Dates<\/a><span style=\"background-color: transparent;\"> launched a <\/span><a target=\"_blank\" href=\"https:\/\/seasonal-markets.ncpd.gov.sa\/\" rel=\"noopener\">seasonal markets system<\/a><span style=\"background-color: transparent;\">. The new system, launched alongside the Environment, Water, and Agriculture Ministry, is designed to regulate and organize date trading by introducing more efficiency in the trading market and improving the availability and quality of data on the market, it said in <\/span><a target=\"_blank\" href=\"https:\/\/x.com\/NCPD_SA\/status\/1817183214168907961\" rel=\"noopener\">a post on X<\/a><span style=\"background-color: transparent;\">. The kingdom produces around 1.7 mn tonnes of dates annually, and exports SAR 1.5 tn-worth of dates every year.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s the seasonal market system?<\/strong> <a target=\"_blank\" href=\"https:\/\/seasonal-markets.ncpd.gov.sa\/\" style=\"\" rel=\"noopener\">The platform<\/a> aims to provide all the stakeholders in the dates value chain with enough data about the sector, along with offering marketing and agriculture services. It links sellers, buyers and marketers together and allows them to conduct their business, sign contracts, and monitor payments and business progress online on a centralized portal. It also provides detailed guidelines on how sellers and buyers can conduct their transactions. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- The Abu Dhabi Chamber of Commerce and Industry has signed an MoU with the <\/strong><strong>Benin Chamber of Commerce <\/strong>to boost bilateral trade and investment cooperation between the emirate and the West African country, <a target=\"_blank\" href=\"https:\/\/wam.ae\/ar\/article\/14180xd-%D8%AA%D9%81%D8%A7%D9%87%D9%85-%D8%A8%D9%8A%D9%86-%D8%A7%D8%AA%D8%AD%D8%A7%D8%AF-%D8%BA%D8%B1%D9%81-%D8%A7%D9%84%D8%A5%D9%85%D8%A7%D8%B1%D8%A7%D8%AA-%D9%88%D8%AA%D8%AC%D8%A7%D8%B1%D8%A9-%D9%88%D8%B5%D9%86%D8%A7%D8%B9%D8%A9-%D8%A8%D9%86%D9%8A%D9%86\" style=\"\" rel=\"noopener\">Wam<\/a> reported on Thursday. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>The Abu Dhabi Chamber <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/a66b16ea-6667-46e4-b823-5a028c3414b8\/travel-ban-on-nigeria-lifted-%2B-indonesian-president-is-in-town#:~:text=%234%2D%20Abu%20Dhabi,to%20global%20investors.\" style=\"\" rel=\"noopener\">plans to ink 100 partnerships<\/a> with other chambers of commerce and business offices across MENA, Asia, Europe, Australia, Africa, and Latin America by the end of 2024.<\/p>\n<p class=\"tag-border-left\">LAST-MILE DELIVERY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dubai\u2019s Sustainable City will see delivery robots delivering orders from <\/strong><strong>restaurants and shops in its plaza area \u2014 within 30 minutes \u2014 starting this month,<\/strong> as part of a trial, according to a <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.ae\/en\/news\/2024\/july\/25-07\/dubai-future-labs\" style=\"\" rel=\"noopener\">press release<\/a> published on Thursday. The trial operations will launch with three autonomous on-demand delivery robots developed by Dubai Future Labs, with systems powered by Lyve Global.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>OTHER STORIES WORTH KNOWING THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>Yemenia Airways resumes flights to Egypt, Jordan, India: <\/strong>Yemen\u2019s Yemenia Airways is resuming daily flights from Sanaa Airport to Cairo International Airport in Egypt and Queen Alia Airport in Amman, Jordan. It is also resuming two weekly flights to India. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/yemenia-airways-resume-flights-cairo-india-yemens-sanaa-2024-07-28\/\" style=\"\" rel=\"noopener\">Reuters<\/a>)<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/dp-world\/\">DP World<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/last-mile-2\/\">LAST MILE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/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=\"80003\" 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=\"80003\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Around the World<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/29\/lineage-brings-in-biggest-ipo-of-2024-raising-usd-4-44-bn-on-nasdaq-cma-cgm-sees-high-shipping-demand\/\">\r\n                            Lineage brings in biggest IPO of 2024 raising USD 4.44 bn on Nasdaq + CMA CGM sees high shipping demand                        <\/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\/29\/lineage-brings-in-biggest-ipo-of-2024-raising-usd-4-44-bn-on-nasdaq-cma-cgm-sees-high-shipping-demand\/\" 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\/29\/lineage-brings-in-biggest-ipo-of-2024-raising-usd-4-44-bn-on-nasdaq-cma-cgm-sees-high-shipping-demand\/')\">\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\/29\/lineage-brings-in-biggest-ipo-of-2024-raising-usd-4-44-bn-on-nasdaq-cma-cgm-sees-high-shipping-demand\/\">\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=Lineage brings in biggest IPO of 2024 raising USD 4.44 bn on Nasdaq + CMA CGM sees high shipping demand&url=https:\/\/enterpriseam.com\/logistics\/2024\/07\/29\/lineage-brings-in-biggest-ipo-of-2024-raising-usd-4-44-bn-on-nasdaq-cma-cgm-sees-high-shipping-demand\/\">\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\/29\/lineage-brings-in-biggest-ipo-of-2024-raising-usd-4-44-bn-on-nasdaq-cma-cgm-sees-high-shipping-demand\/&title=Lineage brings in biggest IPO of 2024 raising USD 4.44 bn on Nasdaq + CMA CGM sees high shipping demand\">\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=Lineage+brings+in+biggest+IPO+of+2024+raising+USD+4.44+bn+on+Nasdaq+%2B+CMA+CGM+sees+high+shipping+demand+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F07%2F29%2Flineage-brings-in-biggest-ipo-of-2024-raising-usd-4-44-bn-on-nasdaq-cma-cgm-sees-high-shipping-demand%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\/29\/lineage-brings-in-biggest-ipo-of-2024-raising-usd-4-44-bn-on-nasdaq-cma-cgm-sees-high-shipping-demand\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2307.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"80004\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/29\/lineage-brings-in-biggest-ipo-of-2024-raising-usd-4-44-bn-on-nasdaq-cma-cgm-sees-high-shipping-demand\/2307-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2307.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2307.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2307.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2307.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-80003\" class=\"content-area-description single-story post-80003 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-ipo-watch tag-shipping-maritime tag-us 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\/.ef5cf6d9-1bd6-4daf-8468-6bfba2dcc32a.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Cold-storage warehouse giant Lineage has nabbed the largest IPO of 2024 by <\/strong><strong>raising USD 4.44 bn on the US stock market<\/strong>, selling some 57 mn shares, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/deals\/logistics-giant-lineage-raises-445-bln-biggest-ipo-2024-2024-07-24\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported last week. The company\u2019s shares rose by 5% in their Nasdaq launch on Thursday, debuting at USD 82 per share and valued at USD 19.2 bn, beating the previous offer price of USD 78, according to a separate <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/cold-storage-reit-lineage-rises-5-market-debut-2024-07-25\/#:~:text=July%2025%20(Reuters)%20%2D%20Cold,biggest%20public%20offering%20so%20far.\" style=\"\" rel=\"noopener\">Reuters<\/a> report. The listing is forecasted to encourage other firms to list \u201clater this year or early 2025,\u201d AJ Bell investment analyst Daniel Coatsworth told the newswire.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Lineage:<\/strong> Lineage, launched in 2008 by co-founders Adam Forste and Keven Marchetti, operates 482 temperature-controlled warehouses globally, according to Reuters. The firm has since expanded through over 116 acquisitions and saw a topline of USD 5.3 bn last year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">French shipping conglomerate CMA CGM saw a 6.8% y-o-y increase in shipping <\/strong><strong style=\"background-color: transparent;\">demand volumes in 2Q 2024<\/strong><span style=\"background-color: transparent;\">, <\/span><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/cma-cgm-sees-shipping-demand-holding-up-after-restocking-wave-2024-07-25\/\" rel=\"noopener\">Reuters<\/a><span style=\"background-color: transparent;\"> reported on Thursday. The increase came on the back of a wave of restocking in the US. \u201cThe pace of restocking, which is supporting demand, is in line with economic activity and so we are not worried about an abrupt reversal in the trend,\u201d CFO Ramon Fernandez said. Brisk international trade and the Red Sea disruptions supported the shipping giant\u2019s maritime sector in 2Q 2024, the firm said, adding that it expects the shipping market to remain steady later this year as new capacity arrives.<\/span><\/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\/ipo-watch\/\">IPO WATCH<\/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\/us\/\">US<\/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=\"80005\" 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=\"80005\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">On Your Way Out<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/29\/parkwind-wraps-trial-on-the-worlds-first-charging-point-for-boats-at-sea\/\">\r\n                            Parkwind wraps trial on the world's first charging point for boats at sea                        <\/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\/29\/parkwind-wraps-trial-on-the-worlds-first-charging-point-for-boats-at-sea\/\" 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\/29\/parkwind-wraps-trial-on-the-worlds-first-charging-point-for-boats-at-sea\/')\">\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\/29\/parkwind-wraps-trial-on-the-worlds-first-charging-point-for-boats-at-sea\/\">\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=Parkwind wraps trial on the world's first charging point for boats at sea&url=https:\/\/enterpriseam.com\/logistics\/2024\/07\/29\/parkwind-wraps-trial-on-the-worlds-first-charging-point-for-boats-at-sea\/\">\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\/29\/parkwind-wraps-trial-on-the-worlds-first-charging-point-for-boats-at-sea\/&title=Parkwind wraps trial on the world's first charging point for boats at sea\">\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=Parkwind+wraps+trial+on+the+world%27s+first+charging+point+for+boats+at+sea+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F07%2F29%2Fparkwind-wraps-trial-on-the-worlds-first-charging-point-for-boats-at-sea%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\/29\/parkwind-wraps-trial-on-the-worlds-first-charging-point-for-boats-at-sea\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2284.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"80006\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/29\/parkwind-wraps-trial-on-the-worlds-first-charging-point-for-boats-at-sea\/2284-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2284.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2284.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2284.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2284.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-80005\" class=\"content-area-description single-story post-80005 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-green-mobility tag-on-your-way-out 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\/.2d4f4c3c-9a5a-4c0b-b366-59852edf08a0.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>First charging point for ships at sea is now operational:<\/strong> Belgian renewables company <a target=\"_blank\" href=\"https:\/\/parkwind.eu\/\" style=\"\" rel=\"noopener\">Parkwind<\/a> \u2013 a subsidiary of <a target=\"_blank\" href=\"https:\/\/www.offshorewind.biz\/2023\/07\/27\/jera-completes-acquisition-of-belgiums-leading-offshore-wind-developer\/\" style=\"\" rel=\"noopener\">Japanese power company Jera<\/a> \u2013 has successfully installed and tested a new boat charging station system in the Belgian North Sea, according to a <a target=\"_blank\" href=\"https:\/\/parkwind.eu\/news\/parkwind-achieves-world-first-offshore-green-energy-charging-with-mjr-power-automations-pioneering-system\" style=\"\" rel=\"noopener\">statement<\/a> published last week. The charging station, powered by locally sourced renewable energy, allows vessels to connect to the charging cable and stay in place while charging despite sea currents. The trial proved the system could transfer electricity from a wind farm to the vessels safely without any disruption to the farm's operations.<\/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<\/strong><span style=\"background-color: transparent;\"> <\/span><strong style=\"background-color: transparent;\">details: <\/strong><span style=\"background-color: transparent;\">The charging system \u2014 developed by UK-based MJR \u2014 supports both CTV and <\/span><a target=\"_blank\" href=\"https:\/\/www.carbontrust.com\/news-and-insights\/tenders\/sov-charging-standardisation-scs\" rel=\"noopener\">SOV charging<\/a><span style=\"background-color: transparent;\">, significantly cutting emissions from diesel generators. This initiative is partly funded by <\/span><a target=\"_blank\" href=\"https:\/\/owgp.org.uk\/\" rel=\"noopener\">The Offshore Wind Growth Partnership<\/a><span style=\"background-color: transparent;\"> and supported by the UK Department of Transport. Parkwind and MJR plan to incorporate lessons from the trial into the first commercial offshore charging system, scheduled for delivery in 1Q 2025.<\/span><\/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\/green-mobility\/\">green mobility<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/on-your-way-out\/\">ON YOUR WAY OUT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"80007\" 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\/29\/80007\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-80007\" class=\"content-area-description single-story post-80007 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;\">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, Saudi Arabia. <\/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, Saudi Arabia.<\/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;\">12 September (Wednesday): Deadline for companies to submit bids for expansion and operation of Baghdad\u2019s International Airport.<\/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, 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>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;\">FEBRUARY <\/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>4-5 February (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.seatrade-maritime.com\/event-news\/qatar-boosts-maritime-growth-new-shipping-event-2025\" style=\"\">Seatrade Maritime Qatar<\/a><\/span><span style=\"font-weight:400;\">, Doha, Qatar.<\/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>Oman ramps up LNG supply | Flynas increases Airbus order book | UAE joins Brics trade talks | 2Q earnings season is in full swing<\/p>\n","protected":false},"featured_media":79983,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-79982","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"a84ea09f-1a5d-40cd-ae37-748a55921302","teaser":"Oman ramps up LNG supply | Flynas increases Airbus order book | UAE joins Brics trade talks | 2Q earnings season is in full swing","photo_url":"https:\/\/ent.news\/2024\/1\/2468.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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