{"id":80730,"date":"2024-09-02T00:00:00","date_gmt":"2024-09-02T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=80730"},"modified":"2025-12-15T15:13:03","modified_gmt":"2025-12-15T15:13:03","slug":"adani-ports-snaps-up-80-of-dubais-astro","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/adani-ports-snaps-up-80-of-dubais-astro\/","title":{"rendered":"Adani Ports snaps up 80% of Dubai\u2019s Astro"},"content":{"rendered":"<section id=\"80732\" 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=\"80732\">\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\/09\/02\/today-another-adani-ma-the-gcc-europe-trade-route-has-a-timeline\/\">\r\n                            TODAY: Another Adani M&amp;A + The GCC-Europe trade route has a timeline                        <\/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\/09\/02\/today-another-adani-ma-the-gcc-europe-trade-route-has-a-timeline\/\" 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 trip aims to boost bilateral relations and drum up investments, including joint ventures, with China and Singapore. High-level meetings with major Chinese firms including GAC Group, General Lithium, and Huawei are on the agenda, as well as visits to key locations in Hong Kong including Hutchison Ports, Cyberport, and Johnson Electric. In Singapore, the delegation is expected to make visits to the Tuas Port, and connect with the Agency for Science, Technology and Research (A*STAR), and the Singapore Manufacturing Federation.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.saudilogisticsexpo.com\/\" style=\"\" rel=\"noopener\">Saudi Warehousing and Logistics Expo<\/a><\/strong><strong> will kick off today and run through to <\/strong><strong>Wednesday in Riyadh<\/strong>, bringing 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>Over in Egypt, the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.egypt-air-show.com\/\" style=\"\" rel=\"noopener\">Egypt International Airshow<\/a><\/strong><strong> is kicking off tomorrow and running <\/strong><strong>through to Thursday <\/strong><strong>in El Alamein.<\/strong> The event will host a range of discussions touching on industrialization, digitalization, and globalization in the regional commercial aviation sector. The event is set to showcase aircrafts and innovative aerospace products and services. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- It\u2019s PMI week: <\/strong>Stay tuned for our coverage of Egypt and Saudi Arabia\u2019s PMI reports tomorrow morning, followed by the UAE on Wednesday, and Kuwait, Qatar and Lebanon on Thursday.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt1\"><\/a><strong>#1- The order book for the National Marine Dredging Company Energy\u2019s <\/strong><strong>(<\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.nmdc-energy.com\/en\/ipo\/our-business\/\" style=\"\" rel=\"noopener\">NMDC Energy<\/a><\/strong><strong>) ADX IPO was 7x oversubscribed <\/strong>as of yesterday, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/nmdc-groups-ipo-of-nmdc-energy-7x-oversubscribed-within-day-2-igjy96z6\" style=\"\" rel=\"noopener\">statement<\/a>. The offering saw \u201cstrong investor interest\u201d despite the second day of the subscription falling on a weekend, the company said. <strong>Investors have until Wednesday<\/strong>, 4 September, to get their orders in. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>BACKGROUND- <\/strong>NMDC is listing a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/1e684e93-780e-4d4f-b107-db42d51cb8f5\" style=\"\" rel=\"noopener\">23% stake<\/a> in its engineering, procurement and construction unit, NMDC Energy, on the ADX. The transaction is due to wrap up on 11 September. Offer shares are priced at AED 2.80 apiece, valuing the transaction at AED 3.22 bn. NMDC\u2019s board <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/5d32d034-2d2f-40ef-84c5-324113f0addf\" style=\"\" rel=\"noopener\">approved<\/a> the IPO last month.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADVISORS- <\/strong>First Abu Dhabi Bank is lead receiving bank and lead manager, with Abu Dhabi Commercial Bank, WIO Bank, and Al Maryah Community Bank also acting as receiving banks. International Securities is lead placement, while Hadef & Partners is legal counsel and Ernst & Young has audit duties.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt2\"><\/a><strong>#2- Qatar ramps up urea export ambitions: <\/strong>QatarEnergy plans to develop a world-scale urea production hub that aims to more than double the Gulf country\u2019s urea production to 12.4 mn tons per annum, the state-owned company said in a <a target=\"_blank\" href=\"https:\/\/www.qatarenergy.qa\/en\/MediaCenter\/Pages\/newsdetails.aspx?ItemId=3824\" style=\"\" rel=\"noopener\">statement<\/a>. The project will see setting up three ammonia production lines that will look to supply feedstock to four new urea production trains in Qatar\u2019s Mesaieed Industrial city. Production from the project's first new urea train is expected before the end of 2030, according to the statement.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- Urea production is big in Qatar: <\/strong>QatarEnergy <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/8f69b934-4cbe-4f22-a54e-9cae5471bbe2\" style=\"\" rel=\"noopener\">signed in July<\/a> a 15-year agreement to supply 0.74 mn tons of urea per year to fertilizer producer Koch Fertilizer. The agreement will see QatarEnergy supply Qatari-origin urea to the US agricultural sectors and other international markets. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Establishing the world's \u201curea production capital\u201d:<\/strong> \u201cDeveloping this project in Mesaieed Industrial City will ensure the optimum utilization of the excellent existing infrastructure for the petrochemical and fertilizer industries, including the city\u2019s export port, which is one of the largest fertilizer and petrochemical export facilities in the MENA region. It will also establish Mesaieed as the urea production capital of the world,\u201d Qatar\u2019s Minister of State for Energy Affairs and QatarEnergy CEO Saad Al Kaabi said in the statement.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a>#3- <\/strong><strong>An energy corridor<\/strong><strong> between Cyprus and Egypt? <\/strong>An energy corridor connecting Egypt and Cyprus to carry natural gas and renewable energy <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02CqUUxrtSTLNFK5kqSC9bZnQ5RNXVRBWL4xS8B7haFrmYb9ptuf65MhQR64tbhxpfl\" style=\"\" rel=\"noopener\">was discussed<\/a> on Thursday by Egyptian Oil Minister Karim Badawi and his Cypriot counterpart Giorgos Papanastasiou. The two sides discussed sending Cypriot natural gas to Egypt to be liquified and exported as LNG to global markets.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Cyprus wants to speed up things at home: <\/strong>Papanastasiou discussed ways to \u201cspeed up\u201d the exploitation of his country\u2019s natural gas at the Cyprus Exclusive Economic Zone (EEZ), <a target=\"_blank\" href=\"https:\/\/cyprus-mail.com\/2024\/08\/29\/papanastasiou-talks-speeding-up-natural-gas-exploitation-with-egyptian-petrol-minister\/\" style=\"\" rel=\"noopener\">CyprusMail<\/a> reported. They discussed the feasibility of using Egypt\u2019s existing infrastructure in extracting Cypriot natural gas and later transporting it to Egypt to be liquefied for exports globally.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4-<\/strong> <strong>Djibouti is ready to offer Ethiopia \u201c100% access\u201d to its Tadjoura port in a bid to <\/strong><strong>defuse regional tensions<\/strong>, the country\u2019s Foreign Minister Mahmoud Ali Youssouf told <a target=\"_blank\" href=\"https:\/\/www.bbc.com\/news\/articles\/cvg415vex37o\" style=\"\" rel=\"noopener\">BBC<\/a> on Friday. Djibouti \u2014 which shares the border with Ethiopia and Somaliland \u2014 was concerned it could be caught in the crossfire between Ethiopia and Somalia, harming its port-dependent economy. \u201cWe are offering 100% management for a port in the north, a new corridor that is already built\u201d in Tadjoura, he <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-08-31\/djibouti-planning-to-offer-ethiopia-port-access-to-ease-tensions\" style=\"\" rel=\"noopener\">said<\/a>. He said the proposal was initiated by Djibouti President Ismail Omar Guelleh to help \u201cfind a way for dialogue\u201d to stop a further escalation in the Horn of Africa region.\u201cAlthough Djibouti is a stable country, quite safe, we cannot say that tensions in the neighboring countries do not affect us\u2026it would be a major source of concern if the crisis in the region escalated further,\u201d Youssouf said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A refresher on the fresh tensions: <\/strong>A preliminary agreement <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/964969ff-b01b-4751-a8bd-e0a70f6c5968\" style=\"\" rel=\"noopener\">earlier this year<\/a> between Ethiopia and breakaway region Somaliland that would give Addis Ababa access to the Red Sea port of Berbera has sparked tensions in the region. Somalia responded by recently signing a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e599c65f-b3fa-40ea-b3d5-9a9da8c41c58\" style=\"\" rel=\"noopener\">mutual defense agreement with Egypt<\/a>, which remains in dispute with Ethiopia over the unilateral filling of the disputed Grand Ethiopian Renaissance Dam. The agreement sees Egypt <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9f75a358-4777-48b2-b3b2-8b5928a16bce\" style=\"\" rel=\"noopener\">sending troops<\/a> to Somalia in their capacity as peacekeeping forces to also train and assist Somali forces to help preserve peace in the region. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#5- Maersk\u2019s first green-powered journey across the Pacific was short lived: <\/strong>The Alette Maersk recently attempted to make its mark as the first container vessel to travel on low carbon methanol fuel across the Pacific Ocean, but was forced to return to using fossil fuels on its return leg to China due to a lack of availability of the green fuel in its final destination to the US, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/environment\/maersk-says-ocean-shippings-zero-emissions-push-needs-government-support-2024-08-28\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Thursday. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Big industry players are seeking help: <\/strong>Maersk urged the Biden administration to channel the use of the Inflation Reduction Act to bolster the production and use of green maritime fuel as it has done for trucking and aviation. The company, along with CMA CGM, Hapag-Lloyd, and MSC have come together to present a plan to the International Maritime Organization to tax shipping carriers that stand to gain a competitive edge from cheaper fossil fuels.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Maersk is not the only one struggling to keep up the green methanol momentum:<\/strong> Renewables group Orsted backtracked on plans to build Europe\u2019s largest e-methanol plant due to market growth occurring more slowly than expected, Reuters added. Low-carbon methanol\u2019s cost of production has been one of the main obstacles impacting the fuel\u2019s adoption, reaching 2-3 times higher than the cost of producing its fossil fuel alternative.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">DISRUPTION WATCH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Libya\u2019s oil production woes continue: <\/strong>Three oilfields in Libya were ordered to resume operations after a growing conflict between rival political factions over control of the central bank halted production in most of the country\u2019s oilfields, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/three-libyan-oil-fields-receive-instructions-resume-production-engineers-say-2024-08-31\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Saturday, citing three engineers in the field. Sources said the resumption of production for the Sarir, Messla and Nafoura oilfields was ordered by the field\u2019s operator, the Arabian Gulf Oil Company. The move comes days after Libya\u2019s eastern-based administration shut down oilfields in eastern Libya, which account for almost all of the country\u2019s production, after western authorities replaced the country\u2019s veteran central bank governor in August.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A major blow: <\/strong>The shutdown has caused the loss of c. 63% of Libya\u2019s total oil production, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/libyas-noc-says-recent-oilfield-closures-caused-loss-around-63-total-oil-2024-08-30\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Friday, citing a statement by the country\u2019s National Oil Corporation.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>Salvage crews begin<\/strong><strong> towing ablaze tanker following oil spill fears: <\/strong>Tugboats began towing an oil tanker carrying 1mn barrels of crude oil that was <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/63b59b72-7b6e-4d2c-b957-96a0e4de3d49\" style=\"\" rel=\"noopener\">struck by Yemen\u2019s Houthis<\/a> 10 days ago, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/operation-tow-stricken-oil-tanker-start-sunday-yemeni-houthi-minister-2024-08-31\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Saturday, citing Houthi Foreign Minister Jamel Amer. The armed group greenlit the salvage operation last Wednesday over fears that the damaged tanker could leak 150k tons of crude oil into the Red Sea.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background: <\/strong>The Sounion was evacuated <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/63b59b72-7b6e-4d2c-b957-96a0e4de3d49\" style=\"\" rel=\"noopener\">last week<\/a> by Aspides following the initial attack. The vessel sustained several projectile missile attacks off the coast of Yemen\u2019s Hodeidah Port, causing a fire to break out onboard, according to the ship\u2019s operator Delta Tankers. \u201cCarrying 150k tonnes of crude oil, the MV Sounion now represents a navigation and environmental hazard,\u201d Aspides noted.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>No change of approach by the Houthis just yet: <\/strong>The Iran-backed group announced an attack on Saturday on the MV Groton container vessel crossing the Gulf of Aden for the second time, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/two-missiles-explode-close-vessel-east-yemens-aden-says-uk-maritime-agency-2024-08-30\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Friday. UK Maritime Trade Operations <a target=\"_blank\" href=\"https:\/\/www.ukmto.org\/recent-incidents\" style=\"\" rel=\"noopener\">reported<\/a> two missiles had struck near the ship on Friday and that no damage to the ship or injuries to the crew were reported.<\/p>\n<p class=\"tag-border-left\">MARKET WATCH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong>Oil prices fell further in early morning trading in anticipation of higher Opec+ <\/strong><strong>production kicking off in October and sluggish Chinese and US demand<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/oil-extends-losses-prospect-higher-opec-supply-2024-09-02\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. Brent crude futures were down 0.8% to USD 76.32 by 04.50 GMT, while US West Texas Intermediate (WTI) fell 0.7% to USD 73.03 a barrel. The slump in price follows an overall 0.3% decline for Brent last week and a 1.7% drop for WTI.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The dip in oil prices comes as Opec+ is expected to stick to its October production boost<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-08-30\/opec-leans-toward-proceeding-with-output-hike-delegates-say\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported on Friday, citing delegates it says are involved in the discussions. The group plans to increase output by 180k barrels a day, continuing their gradual recovery from the voluntary cuts made in 2022. Despite market jitters and whispers of a potential pause due to China\u2019s demand slump, the group is not showing signs of pushing back on hikes, the officials said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>Baltic index slumps on Friday:<\/strong> The Baltic Exchange\u2019s dry bulk sea freight index \u2014 which tracks rates for the capesize, panamax, and supramax vessel segments \u2014 was down <a target=\"_blank\" href=\"https:\/\/tradingeconomics.com\/commodity\/baltic\" style=\"\" rel=\"noopener\">0.7% to 1,814 points<\/a> on Friday, breaking a two-day winning streak. The capesize index fell 0.6% to 3,099 points, while the panamax index dipped 15 points to 1,316 points. The smaller supramax index eased 6 points to 1,306 points. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- The Drewry World Container Index decreased 3% to USD 5,181 per 40-ft container last <\/strong><strong>week<\/strong>, according to the <a target=\"_blank\" href=\"https:\/\/www.drewry.co.uk\/supply-chain-advisors\/supply-chain-expertise\/world-container-index-assessed-by-drewry\" style=\"\" rel=\"noopener\">latest index readings<\/a>. Spot rates for 40-ft containers are now 50% below the previous pandemic peak of USD 10,377 in September 2021, but 265% higher than the pre-pandemic rates of USD 1,420. The average composite index YTD is USD 4,108 per 40ft container, which is USD 1,299 higher than the 10-year average rate of USD 2,809.<\/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-<\/strong> <strong>Middle Eastern airlines recorded a 14.7% y-o-y rise in air cargo demand in July <\/strong><strong>2024<\/strong>, data by the <a target=\"_blank\" href=\"https:\/\/www.iata.org\/en\/pressroom\/2024-releases\/2024-08-28-01\/\" style=\"\" rel=\"noopener\">International Air Transport Association (IATA)<\/a> showed. IATA has been <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/4a5ac266-3801-4e61-99e3-913513dbfaaa\" style=\"\" rel=\"noopener\">forecasting a 12.3% y-o-y rise<\/a> in air cargo demand this year by Middle Eastern carriers on the back of a strong performance seen last year. Meanwhile, global air cargo demand increased by 13.6% y-o-y in July 2024, marking the eighth consecutive month of double-digit y-o-y growth, IATA said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Jebel Ali Port set a new record for monthly container handling capacity in July 2024<\/strong>, with 1.4 mn twenty foot equivalent units, according to a <a target=\"_blank\" rel=\"noopener\">statement<\/a> released on Friday, beating the previous record set in 2015. The growth came on the back of a robust 1H 2024 performance, as the port saw a 3.9% y-o-y increase to 7.3 mn TEUs, driven by high inbound cargo from key Asian markets, including China, Japan, and South Korea. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">PSA-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>You\u2019ll be paying less at the pump this month in the UAE:<\/strong> The Fuel Price Committee decreased fuel prices for September by around 6% after a 2% price hike <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/b2bdb852-0cea-4b57-abce-258ebff26f86\/fuel-prices-hiked-in-august-%2B-is-adia-closer-to-acquiring-a-stake-in-haldiram%3F\" style=\"\" rel=\"noopener\">last month<\/a>, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/143fcn6-uae-fuel-price-committee-announces-prices-for\" style=\"\" rel=\"noopener\">Wam<\/a> reports. <strong>The breakdown<\/strong> for one liter:<\/p>\n<ul>\n<li>Super 98: AED 2.90;<\/li>\n<li>Special 95: AED 2.78 <\/li>\n<li>E-Plus 91: 2.71. <\/li>\n<li>Diesel: AED 2.78 (down from AED 2.95 last month)<\/li>\n<\/ul>\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;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>***<\/strong><strong>YOU\u2019RE READING EnterpriseAM Logistics, the essential MENA publication for senior <\/strong><strong>execs who care about the industry that connects producers and retailers to global markets. <\/strong>We\u2019re out Monday through Thursday by 9:15am in Cairo and Riyadh and 11:15am in the UAE.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EnterpriseAM Logistics is available without charge <\/strong>thanks to the generous support of our friends at Hassan Allam Utilities and Transmar.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Were you forwarded this email? <\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/user\/news-letters\" style=\"\" rel=\"noopener\">Tap or click here<\/a> to get your own copy of Enterprise Logistics.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Want to send us a story idea<\/strong>, request coverage, ask for a correction, or otherwise get in touch? Reach out to us on <a target=\"_blank\" href=\"mailto:logistics@enterprisemea.com\" style=\"\" rel=\"noopener\">logistics@enterprisemea.com<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DID YOU KNOW <\/strong>that we also cover <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\" style=\"\" rel=\"noopener\">Egypt<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\" style=\"\" rel=\"noopener\">Saudi Arabia<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\" style=\"\" rel=\"noopener\">the UAE<\/a>, and the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\" style=\"\" rel=\"noopener\">MENA<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\" style=\"\" rel=\"noopener\">climate industry<\/a> ?<br \/><strong>***<\/strong><\/p>\n<p style=\"padding: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 <\/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>The UAE will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/itsworldcongress.com\/\" style=\"\" rel=\"noopener\">Intelligent Transport Systems World Congress<\/a><\/strong><strong> from Monday, 16 <\/strong><strong>September to Friday, 20 September<\/strong> in Dubai. The Congress is expected to welcome 20k participants to explore innovations in smart mobility and transportation technology.<\/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.saudimaritimecongress.com\/en\/home.html\" style=\"\" rel=\"noopener\">Saudi Maritime and Logistics Congress<\/a><\/strong><strong> on Wednesday, 18 <\/strong><strong>September and Thursday, 19 September <\/strong>in Dammam. The event will gather international industry leaders in the maritime sector to discuss a range of topics including interconnected logistics, supply chains, digitalization, decarbonization and workforce development.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Check out our full calendar<\/strong> at the bottom of this email for a comprehensive listing of upcoming news events and news triggers.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/houthi\/\">Houthi<\/a>\n                <!-- <span 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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 TODAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"80734\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 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role=\"list\" data-label=\"Slide %%d\"><\/div><\/div><\/div>\r\n        <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"80735\" 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=\"80735\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">M&amp;A Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/09\/02\/adani-ports-snaps-up-80-of-dubais-astro-for-usd-185-mn\/\">\r\n                            Adani Ports snaps up 80% of Dubai\u2019s Astro for USD 185 mn                        <\/a>\r\n                    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data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"92.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/92.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/92.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-80735\" class=\"content-area-description single-story post-80735 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch-2 tag-ma-watch 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\/9\/.54c4b003-43ea-41b1-8197-32db9dc8bf0d.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Indian port operator Adani Ports and Special Economic Zone (<\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.adaniports.com\/\" style=\"\" rel=\"noopener\">Apsez<\/a><\/strong><strong>) <\/strong><strong>acquired an 80% stake in UAE\u2019S <\/strong><strong><a target=\"_blank\" href=\"https:\/\/astro-offshore.com\/\" style=\"\" rel=\"noopener\">Astro Offshore<\/a><\/strong> in a USD 185 mn all-cash transaction, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/9\/46.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/a>. Astro\u2019s existing shareholders will retain a 20% stake in the business. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">By the numbers: <\/strong><span style=\"background-color: transparent;\">The transaction values the offshore support vessel (OSV) operator at USD 235 mn and is slated to close within a month. Astro turned in revenues of USD 95 mn in its fiscal year ending 30 April 2024, suggesting the transaction valued the company at about 2.5x revenues. Apsez is traded on India\u2019s BSE and NSE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Apsez aims to become \u201cone of the world\u2019s largest marine operators,\u201d<\/strong> CEO Ashwani Gupta said. Apsez will have 168 vessels when Astro\u2019s fleet of 26 OSVs is added to the company\u2019s existing fleet of 142 tugs and dredgers. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>New business, new geography: <\/strong>Astro\u2019s existing clients include UAE-based NMDC, US-based McDermott, and Italian giant Saipem. The transaction will extend Apsez\u2019s reach in the Gulf, the Indian subcontinent, and East Asia. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Astro: <\/strong>Founded in 2009 and based in Singapore, Astro provides services for the offshore construction, oil and gas, and renewables industries. Its primary operational office is in Dubai and it has a presence in the Middle East, India, East Asia, and Africa. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Adani Ports is already active in the Emirates: <\/strong>The company most recently <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/2cd830d0-e88c-4a55-a7d1-c693631c4fb2\" style=\"\" rel=\"noopener\">acquired 95%<\/a> of Tanzania International Container Terminal Services through its UAE-based subsidiary East Africa Gateway back in June for USD 39.5 mn from Hutchison Port Holdings and Harbors Investments. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/ma-watch\/\">M&amp;A WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/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=\"80737\" 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=\"80737\">\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\">Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/09\/02\/work-on-usd-20-bn-gcc-europe-trade-route-to-begin-in-mid-2025\/\">\r\n                            Work on USD 20 bn GCC-Europe trade route to begin in mid-2025                        <\/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\/09\/02\/work-on-usd-20-bn-gcc-europe-trade-route-to-begin-in-mid-2025\/\" 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           <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Work+on+USD+20+bn+GCC-Europe+trade+route+to+begin+in+mid-2025+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F09%2F02%2Fwork-on-usd-20-bn-gcc-europe-trade-route-to-begin-in-mid-2025%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\/09\/02\/work-on-usd-20-bn-gcc-europe-trade-route-to-begin-in-mid-2025\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/61.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"80738\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/09\/02\/work-on-usd-20-bn-gcc-europe-trade-route-to-begin-in-mid-2025\/61-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/61.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"61.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/61.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/61.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-80737\" class=\"content-area-description single-story post-80737 post type-post status-publish format-standard has-post-thumbnail hentry category-trade tag-iraq tag-projects tag-qatar tag-trade tag-turkey 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\/9\/.54d7d9b3-5281-407c-8b30-e00edcae2a3e.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Work on a <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-08-29\/turkey-hosts-development-road-talks-with-gulf-nations\" style=\"\" rel=\"noopener\">USD 20 bn regional trade route<\/a><\/strong><strong> connecting the Gulf to Europe <\/strong><strong>through Iraq will start in mid-2025<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.ina.iq\/215814--.html\" style=\"\" rel=\"noopener\">INA<\/a> reported on Thursday, citing statements by Iraq\u2019s Transport Minister Razzaq Al Saadawi during a press conference in Istanbul. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- <\/strong>Al Saadawi\u2019s statements come after <a target=\"_blank\" href=\"https:\/\/www.al-monitor.com\/originals\/2024\/08\/turkey-host-iraq-qatar-uae-officials-development-road-summit\" style=\"\" rel=\"noopener\">a quadripartite meeting<\/a> between counterparts from Turkey, Qatar and the UAE on updates on the planned project which is set to facilitate trade movement between the two regions via road and rail. The meeting in Turkey was the first since Turkish President Recep Tayyip Erdogan visited Baghdad in April for the first time in over a decade.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Background:<\/strong><span style=\"background-color: transparent;\"> The UAE, Iraq, Turkey, and Qatar signed a <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/3744dd31-6545-4565-8e86-d0daf8ba5883\" rel=\"noopener\">preliminary agreement<\/a><span style=\"background-color: transparent;\"> in April to work together on the Road Development project in Iraq, which aims to connect a significant commodities port on Iraq's southern coast \u2014 the Grand Faw Port \u2014 to Turkey's border via rail and road networks. The Iraqi Transport Ministry <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/19c6910a-8b3d-4656-8415-8cb6e130ea84\" rel=\"noopener\">inked an agreement<\/a><span style=\"background-color: transparent;\"> in July with consulting firm Oliver Wyman to help market the project, supervise investments, and provide economic advisory services for strategic government projects.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Ironing out the details: <\/strong>\u201cThe first phase of the strategic Road Development project will be implemented in mid 2025 after finalizing detailed designs for the project,\u201d Al Saadawi said. He said the project\u2019s railway track was 100% complete, while the expressway was 75% complete. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">A topographic survey for the project was also finalized, he added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Benefit for all: <\/strong>The project will help ensure a strong economy and diversified revenues for Iraq, serving the whole region and the world, Al Saadawi said. He said work on completing the requirements for the project between the four parties was going well. \u201cThe Road Development project will support the sustainability of global trade by diversifying international trade corridors,\u201d <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-08-29\/turkey-hosts-development-road-talks-with-gulf-nations\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported, citing statements by Turkey\u2019s Transportation Minister Abdulkadir Uraloglu to TRT television on Friday. \u201cTurkey will strengthen its economic and strategic advantages by creating a reliable and effective trade corridor between Asia and Europe,\u201d Uraloglu added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next: <\/strong>The next quadripartite meeting will be held in Baghdad within two months, Al Saadawi said, without providing further details. <\/p>\n<p class=\"tag-border-left\">IN PORT NEWS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>I<\/strong><strong>raq is looking to increase the handling capacity at Umm Qasr port to 1.5 mn <\/strong><strong>containers annually<\/strong> on the back of a sector overhaul by the country\u2019s transportation ministry, <a target=\"_blank\" href=\"https:\/\/www.ina.iq\/215742--500-.html\" style=\"\" rel=\"noopener\">INA<\/a> reported. \u201cThe Umm Qasr port will be expanded with additional phases under a plan to raise its capacity to 1.5 mn containers annually. The plan will also include oil ports and smaller ports\u2026,\u201d Iraq Railways Company Director General Yunus Jawad told INA. The national railway operator would need USD 3 bn to upgrade and develop its railways in line with the country\u2019s Iraq Road Development project. Part of the funds would be acquired through loans from the World Bank while the remainder would be financed from the federal budget, Jawad said.<\/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\/iraq\/\">Iraq<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/projects\/\">PROJECTS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/qatar\/\">Qatar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/turkey\/\">Turkey<\/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=\"80739 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=\"80739\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/09\/02\/80739\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-80739\" class=\"content-area-description single-story post-80739 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=\"80740\" 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=\"80740\">\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\">IPO Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/09\/02\/talabat-to-ipo-on-dfm-in-4q-2024\/\">\r\n                            Talabat to IPO on DFM in 4Q 2024                        <\/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\/09\/02\/talabat-to-ipo-on-dfm-in-4q-2024\/\" 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\/09\/02\/talabat-to-ipo-on-dfm-in-4q-2024\/')\">\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\/09\/02\/talabat-to-ipo-on-dfm-in-4q-2024\/\">\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=Talabat to IPO on DFM in 4Q 2024&url=https:\/\/enterpriseam.com\/logistics\/2024\/09\/02\/talabat-to-ipo-on-dfm-in-4q-2024\/\">\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\/09\/02\/talabat-to-ipo-on-dfm-in-4q-2024\/&title=Talabat to IPO on DFM in 4Q 2024\">\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=Talabat+to+IPO+on+DFM+in+4Q+2024+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F09%2F02%2Ftalabat-to-ipo-on-dfm-in-4q-2024%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\/09\/02\/talabat-to-ipo-on-dfm-in-4q-2024\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/2635.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"80741\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/09\/02\/talabat-to-ipo-on-dfm-in-4q-2024\/2635-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/2635.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2635.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/2635.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/2635.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-80740\" class=\"content-area-description single-story post-80740 post type-post status-publish format-standard has-post-thumbnail hentry category-ipo-watch tag-e-commerce tag-ipo-watch tag-supply-chains tag-talabat 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\/9\/.b04381e5-783c-478b-87c7-54cd05b45e23.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Delivery Hero gears up to list Talabat on DFM:<\/strong> German last-mile delivery firm Delivery Hero is planning to list Talabat\u2019s shares on DFM in 4Q 2024, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/8\/2626.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/a>. The firm said the IPO is still awaiting approval from the Securities and Commodities Authority\u2019s (SCA). <\/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 do we know? <\/strong><span style=\"background-color: transparent;\">Delivery Hero said in a separate <\/span><a target=\"_blank\" href=\"https:\/\/ir.deliveryhero.com\/news\/delivery-hero-se-delivery-hero-is-preparing-an-ipo-of-its-talabat-business-on-the\/fd8ecd6f-1f3d-4b82-ad47-6878f6444a48\/\" rel=\"noopener\">disclosure<\/a><span style=\"background-color: transparent;\"> that the shares might be offered in a secondary sale on the exchange, allowing it to retain a majority stake post-sale. The German firm did not disclose the number of shares it will be floating or how much it is looking to raise.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Talabat\u2019s gross merchandise value (GMV) climbed 29.2% y-o-y to EUR 5.91 bn in 1H 2024<\/strong>, representing 25% of Delivery Hero\u2019s overall GMV, the German company said in its <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/8\/2627.pdf\" style=\"\" rel=\"noopener\">earnings release (pdf)<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A play at boosting its share price? <\/strong>The German company\u2019s share price has fallen 85% from its January 2021 peak as food delivery stocks took the brunt of a post-pandemic sell-off, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/deals\/delivery-hero-prepares-ipo-talabat-unit-dubai-2024-08-29\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. Jeffries analysts said the IPO could bring about a positive response from investors, and will help support its balance sheet after the <a target=\"_blank\" href=\"https:\/\/www.deliveryhero.com\/newsroom\/uber-eats-to-acquire-foodpanda-business-in-taiwan\/\" style=\"\" rel=\"noopener\">sale<\/a> of its Asian subsidiary foodpanda to Uber Eats.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The caveat? <\/strong>The IPO would also restrict access to the cashflow from its most profitable business unit, which it will need to fight off \u201cintensified competition in South Korea,\u201d Bloomberg Intelligence analysts Tatiana Lisitsina and Diana Gomes <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-08-29\/talabat-ipo-delivery-hero-eyes-dubai-listing-for-middle-eastern-unit\" style=\"\" rel=\"noopener\">said<\/a>.<\/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\/ipo-watch\/\">IPO WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/supply-chains\/\">supply chains<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/talabat\/\">Talabat<\/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=\"80742\" 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=\"80742\">\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\">Earnings Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/09\/02\/moroccos-marsa-marocs-revenues-up-17-y-o-y-in-1h-2024\/\">\r\n                            Morocco\u2019s Marsa Maroc\u2019s revenues up 17% y-o-y in 1H 2024                        <\/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\/09\/02\/moroccos-marsa-marocs-revenues-up-17-y-o-y-in-1h-2024\/\" 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\/09\/02\/moroccos-marsa-marocs-revenues-up-17-y-o-y-in-1h-2024\/')\">\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\/09\/02\/moroccos-marsa-marocs-revenues-up-17-y-o-y-in-1h-2024\/\">\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=Morocco\u2019s Marsa Maroc\u2019s revenues up 17% y-o-y in 1H 2024&url=https:\/\/enterpriseam.com\/logistics\/2024\/09\/02\/moroccos-marsa-marocs-revenues-up-17-y-o-y-in-1h-2024\/\">\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\/09\/02\/moroccos-marsa-marocs-revenues-up-17-y-o-y-in-1h-2024\/&title=Morocco\u2019s Marsa Maroc\u2019s revenues up 17% y-o-y in 1H 2024\">\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=Morocco%E2%80%99s+Marsa+Maroc%E2%80%99s+revenues+up+17%25+y-o-y+in+1H+2024+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F09%2F02%2Fmoroccos-marsa-marocs-revenues-up-17-y-o-y-in-1h-2024%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\/09\/02\/moroccos-marsa-marocs-revenues-up-17-y-o-y-in-1h-2024\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1780.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"80743\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/09\/02\/moroccos-marsa-marocs-revenues-up-17-y-o-y-in-1h-2024\/1780-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1780.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1780.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1780.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1780.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-80742\" class=\"content-area-description single-story post-80742 post type-post status-publish format-standard has-post-thumbnail hentry category-earnings-watch tag-earnings-watch tag-morocco 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\/9\/.6a71b3b2-4f05-4ae4-8538-bb89a6c6ca5f.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Morocco\u2019s port operator<\/strong><strong> Marsa Maroc saw its topline increase 17% y-o-y to MAD 2.5 <\/strong><strong>bn (c. USD 257.2 mn)<\/strong> in 1H 2024 on the back of increased operations, according to an <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/9\/15.pdf\" style=\"\" rel=\"noopener\">earnings release (pdf)<\/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;\">Behind the numbers: <\/strong><span style=\"background-color: transparent;\">Marsa Maroc saw a 14.5% growth in handled traffic to 31.1 mn tonnes across all cargo sectors, including transshipment, containers, bulk cargo, and vehicles. Container traffic was up 17% y-o-y to 1.4 mn TEUs during the period on the back of a growth in transhipment and domestic traffic where were up 22% and 11% y-o-y, respectively. Solid bulk traffic and general cargo recorded a 14% y-o-y increase to 10.8 mn tons, while liquid bulk was up 12% y-o-y on the back of increased oil imports.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background:<\/strong> Marsa Maroc currently manages 24 terminals across 10 ports, handling some 57 mn tonnes in 2023. The port operator also manages Morocco\u2019s Tangier Med Port\u2019s Container Terminal 3 (CT3) with German-shipping giant Hapag-Lloyd, Eurogate International GmbH, and Contship Italia. CT3 has reached its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/05921719-b0bc-49ad-818e-a1e59ff6d449\" style=\"\" rel=\"noopener\">full capacity of 1.5 mn TEUs<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Marsa Maroc has put focus on operational efficiency: <\/strong>The company invested up to MAD 164 mn during the first half of the year in a bid to renew its equipment fleet, according to its earnings statement.The first six months of the year also saw it signing a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/22211e24-5373-47bd-9475-95d982d24162\/\" style=\"\" rel=\"noopener\">25-year concession agreement<\/a> in June with Nador West Med (NWM) for the NWM Eastern Container Terminal. The expansion will increase the port operator\u2019s container handling capacity up to 6.5 mn TEUs with almost 5 mn TEUs dedicated to container transshipment. Marsa Maroc said it will invest EUR 200 mn in developing the first phase of the terminal, which is expected to be operational by 2027.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- There\u2019s more from Marsa on the horizon:<\/strong> Morocco is lining up a tender for a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/c71757f0-4b42-4dec-8de4-b79281b5decd\" style=\"\" rel=\"noopener\">floating LNG terminal<\/a> at NWM port this summer. The operator is looking to close a financial agreement on the project in 2025 with construction, commissioning, and commercial operations due to begin in 2026. The terminal will connect to an existing pipeline that facilitates the import of 0.5 bn cubic meters of LNG per year from Spanish terminals, and which Morocco intends to connect to gas fields under development in the east and west of the country.<\/p>\n\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\/earnings-watch\/\">EARNINGS WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/morocco\/\">Morocco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/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=\"80744 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=\"80744\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/09\/02\/80744\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-80744\" class=\"content-area-description single-story post-80744 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=\"80745\" 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=\"80745\">\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\">Diplomacy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/09\/02\/morocco-and-senegal-sign-two-railway-agreements-qatar-portugal-strengthen-transport-links-updates-from-oman\/\">\r\n                            Morocco and Senegal sign two railway agreements, Qatar + Portugal strengthen transport links + updates from Oman                        <\/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\/09\/02\/morocco-and-senegal-sign-two-railway-agreements-qatar-portugal-strengthen-transport-links-updates-from-oman\/\" 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\/09\/02\/morocco-and-senegal-sign-two-railway-agreements-qatar-portugal-strengthen-transport-links-updates-from-oman\/')\">\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\/09\/02\/morocco-and-senegal-sign-two-railway-agreements-qatar-portugal-strengthen-transport-links-updates-from-oman\/\">\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=Morocco and Senegal sign two railway agreements, Qatar + Portugal strengthen transport links + updates from Oman&url=https:\/\/enterpriseam.com\/logistics\/2024\/09\/02\/morocco-and-senegal-sign-two-railway-agreements-qatar-portugal-strengthen-transport-links-updates-from-oman\/\">\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\/09\/02\/morocco-and-senegal-sign-two-railway-agreements-qatar-portugal-strengthen-transport-links-updates-from-oman\/&title=Morocco and Senegal sign two railway agreements, Qatar + Portugal strengthen transport links + updates from Oman\">\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=Morocco+and+Senegal+sign+two+railway+agreements%2C+Qatar+%2B+Portugal+strengthen+transport+links+%2B+updates+from+Oman+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F09%2F02%2Fmorocco-and-senegal-sign-two-railway-agreements-qatar-portugal-strengthen-transport-links-updates-from-oman%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\/09\/02\/morocco-and-senegal-sign-two-railway-agreements-qatar-portugal-strengthen-transport-links-updates-from-oman\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/63.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"80746\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/09\/02\/morocco-and-senegal-sign-two-railway-agreements-qatar-portugal-strengthen-transport-links-updates-from-oman\/63-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/63.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"63.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/63.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/63.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-80745\" class=\"content-area-description single-story post-80745 post type-post status-publish format-standard has-post-thumbnail hentry category-diplomacy tag-diplomacy tag-morocco tag-qatar 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\/9\/.f1f3e116-351f-4f6d-90e3-4477fc2009e6.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Morocco + Senegal expand transport partnerships:<\/strong> Morocco inked two cooperation agreements with Senegal aimed at boosting railway development, according to a statement on <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/ministeretransportlogistiquemaroc\/posts\/pfbid0ZY2JUUsH8jv8NZLEB3p9ZS4NMKFQnRTb1uFsbE4THWRD7zJWiCAAGkuccH3qFQxAl\" style=\"\" rel=\"noopener\">Friday<\/a>. The first agreement was signed between Morocco\u2019s National Office of Railways and Senegal\u2019s National Company for the Management of the Regional Express Train (SEN-TER-SA), while the second was signed between the Railway Training Institute (IFF) and SEN-TER-SA. The two parties also discussed strengthening their cooperation in railway maintenance, road and air transport, road safety, as well as establishing a working group to oversee the agreements\u2019 implementation. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Qatar + Portugal to boost transport links<\/strong><strong style=\"background-color: transparent;\">: <\/strong><span style=\"background-color: transparent;\">Qatar\u2019s Transport Minister Jassim Al Sulaiti met with Portuguese Economy Minister Pedro Reis to discuss expanding cooperation in the transport sector, according to a <\/span><a target=\"_blank\" href=\"https:\/\/www.facebook.com\/MOTCQATAR\/posts\/pfbid035ASb8Xoa5Ur64naHUMGWMGa6jcsZ4iqV7dDvuPiEDE5YCmUvfS2MuDwjpxQf2UNUl\" rel=\"noopener\">statement<\/a><span style=\"background-color: transparent;\"> published on Thursday. The pair look to collaborate to integrate smart technology into the transportation industry, including railways, ports, and the civil aviation sector.<\/span><\/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>Oman + Belarus to boost trade<\/strong><strong>:<\/strong> Belarus is set to increase its exports to Oman through establishing a Belarusian-Omani intergovernmental committee focused on boosting links in the transport and logistics sector. The two nations discussed ramping up trade relations during a working visit from Belarus\u2019 Anti Monopoly and Trade Ministry officials in Oman last week. (<a target=\"_blank\" href=\"https:\/\/eng.belta.by\/economics\/view\/belarus-seeks-to-expand-exports-to-oman-160932-2024\/\" style=\"\" rel=\"noopener\">Belta<\/a>)<\/li>\n<li><strong>Oman + India CEPA in the works: <\/strong>Talks between Oman and India over the Comprehensive Economic Partnership Agreement (CEPA) to boost trade and investment were moving on the right track, according to officials. (<a target=\"_blank\" href=\"https:\/\/timesofoman.com\/article\/149348-oman-india-working-on-free-trade-agreement\" style=\"\" rel=\"noopener\">Times of Oman<\/a>)<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/morocco\/\">Morocco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/qatar\/\">Qatar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"80747\" 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=\"80747\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Also on Our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/09\/02\/one-launches-three-weekly-routes-inking-the-middle-east-to-east-asia\/\">\r\n                            ONE launches three weekly routes inking the Middle East to East Asia                        <\/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\/09\/02\/one-launches-three-weekly-routes-inking-the-middle-east-to-east-asia\/\" 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\/09\/02\/one-launches-three-weekly-routes-inking-the-middle-east-to-east-asia\/')\">\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\/09\/02\/one-launches-three-weekly-routes-inking-the-middle-east-to-east-asia\/\">\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=ONE launches three weekly routes inking the Middle East to East Asia&url=https:\/\/enterpriseam.com\/logistics\/2024\/09\/02\/one-launches-three-weekly-routes-inking-the-middle-east-to-east-asia\/\">\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\/09\/02\/one-launches-three-weekly-routes-inking-the-middle-east-to-east-asia\/&title=ONE launches three weekly routes inking the Middle East to East Asia\">\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=ONE+launches+three+weekly+routes+inking+the+Middle+East+to+East+Asia+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F09%2F02%2Fone-launches-three-weekly-routes-inking-the-middle-east-to-east-asia%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\/09\/02\/one-launches-three-weekly-routes-inking-the-middle-east-to-east-asia\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2432.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"80748\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/09\/02\/one-launches-three-weekly-routes-inking-the-middle-east-to-east-asia\/2432-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2432.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2432.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2432.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2432.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-80747\" class=\"content-area-description single-story post-80747 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-cargo tag-moves tag-shipping-maritime 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\/9\/.d2cda8ff-cd03-4a9b-94d5-3db8d197d93b.mp3\"><\/audio><\/figure>\n<p class=\"tag-border-left\">SHIPPING + MARITIME-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ONE adds three new weekly routes linking the Middle East to East Asi<\/strong><strong>a<\/strong><strong>:<\/strong> Japanese shipping and container company Ocean Network Express (ONE) has launched three new weekly services linking the region and East Asia, according to a <a target=\"_blank\" href=\"https:\/\/www.one-line.com\/en\/news\/new-services-launch-connecting-east-asia-and-middle-east\" style=\"\" rel=\"noopener\">statement<\/a> on Thursday. The three services \u2013 dubbed Gulf Asia Liner Express (GLX), Central China Middle East Express (CMX) and South China Middle East Express (SMX) \u2013 will respectively call at UAE\u2019s Jebel Ali Port, KSA\u2019s Dammam Port, Oman\u2019s Sohar Port, Qatar\u2019s Hamad Port, and Bahrain in the region.<\/p>\n<p class=\"tag-border-left\">MOVES-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt\u2019s Industry and Transport Minister Kamel El Wazir has appointed Major General Tariq Abdullah as the new head for the maritime transport and logistics sector<\/strong>, according to a statement on Saturday. Abdullah, who is replacing Rear Admiral Reda Ismail, was seconded from the country\u2019s defense ministry last year to serve as an advisor for port affairs at the ministry's maritime sector.&nbsp;<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">OTHER STORIES WORTH KNOWING THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>QTerminals + Linktera Robotics link up to boost motor efficiency<\/strong><strong>:<\/strong> Qatar\u2019s QTerminals is set to integrate AI-online monitoring into their operations through a technology provided by Linktera Robotics. This aims to streamline data monitoring and collection from motors in real-time. It will also utilize the technology to forecast potential issues, schedule motor maintenance, and cap downtime. (<a target=\"_blank\" href=\"https:\/\/www.facebook.com\/qterminals.wll\/posts\/pfbid0gyqYueteiBt9J8YM2MFfW9LzV8yJF5NnwmqkE4utLHM9VBeLoC7XpJe8dchzKL4Cl\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>SMPK launches Bengal Middle East Express (BMEx):<\/strong> India\u2019s Syama Prasad Mookerjee Port in Kolkata launched a container vessel shipping vessel dubbed BMEx that connects Haldia Dock Complex (HDC) with UAE\u2019s Jebel Ali Port. (<a target=\"_blank\" href=\"https:\/\/pib.gov.in\/PressReleseDetail.aspx?PRID=2049795\" style=\"\" rel=\"noopener\">Press Release<\/a>).<\/li>\n<li><strong>World\u2019s largest cargo aircraft lands in Oman:<\/strong> Muscat International Airport welcomed on Thursday the Beluga Airbus A300 \u2014 the world\u2019s largest cargo aircraft. (<a target=\"_blank\" href=\"https:\/\/x.com\/OmanAirports\/status\/1829170416176583022?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1829170416176583022%7Ctwgr%5Ec3c3e4570c87928e42efadb94d31ac0b48a5d189%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Falkhaleejonline.net%2FD8A7D982D8AAD8B5D8A7D8AF%2FD985D8B7D8A7D8B1-D985D8B3D982D8B7-D8A7D984D8AFD988D984D98A-D98AD8B3D8AAD982D8A8D984-D8A3D983D8A8D8B1-D8B7D8A7D8A6D8B1D8A9-D8B4D8ADD986-D981D98A-D8A7D984D8B9D8A7D984D985\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>Oman\u2019s sovereign wealth fund merges Nitaj + FDO: <\/strong>Oman Investment Authority (OIA) began steps to merge Oman Food Investment Holding Company (Nitaj) and Fisheries Development Oman (FDO) under a single entity to help boost the sultanate\u2019s food security. (<a target=\"_blank\" href=\"https:\/\/twitter.com\/Oman_OIA\/status\/1830178436658458779\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/cargo\/\">CARGO<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/moves\/\">MOVES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/shipping-maritime\/\">SHIPPING + MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"80749\" 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=\"80749\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Around the World<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/09\/02\/amsterdams-schiphol-to-invest-eur-6-bn-by-2029-in-airport-expansion-plans\/\">\r\n                            Amsterdam\u2019s Schiphol to invest EUR 6 bn by 2029 in airport expansion plans                        <\/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\/09\/02\/amsterdams-schiphol-to-invest-eur-6-bn-by-2029-in-airport-expansion-plans\/\" 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\/09\/02\/amsterdams-schiphol-to-invest-eur-6-bn-by-2029-in-airport-expansion-plans\/')\">\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\/09\/02\/amsterdams-schiphol-to-invest-eur-6-bn-by-2029-in-airport-expansion-plans\/\">\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=Amsterdam\u2019s Schiphol to invest EUR 6 bn by 2029 in airport expansion plans&url=https:\/\/enterpriseam.com\/logistics\/2024\/09\/02\/amsterdams-schiphol-to-invest-eur-6-bn-by-2029-in-airport-expansion-plans\/\">\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\/09\/02\/amsterdams-schiphol-to-invest-eur-6-bn-by-2029-in-airport-expansion-plans\/&title=Amsterdam\u2019s Schiphol to invest EUR 6 bn by 2029 in airport expansion plans\">\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=Amsterdam%E2%80%99s+Schiphol+to+invest+EUR+6+bn+by+2029+in+airport+expansion+plans+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F09%2F02%2Famsterdams-schiphol-to-invest-eur-6-bn-by-2029-in-airport-expansion-plans%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\/09\/02\/amsterdams-schiphol-to-invest-eur-6-bn-by-2029-in-airport-expansion-plans\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/48.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"80750\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/09\/02\/amsterdams-schiphol-to-invest-eur-6-bn-by-2029-in-airport-expansion-plans\/48-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/48.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"48.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/48.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/48.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-80749\" class=\"content-area-description single-story post-80749 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-aviation 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\/9\/.96b9c666-738e-48a3-b3ab-a311d1812d57.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Amsterdam\u2019s Schiphol Airport is channeling EUR 6 bn (c. USD 6.7bn) in investments over <\/strong><strong>the next five years to develop and upgrade airport facilities<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/9\/21.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a> released on Friday. The investment \u2014 the largest in the airport\u2019s history \u2014 will look to boost capacity, enhance infrastructure, and improve services, including the airport\u2019s baggage basement, climate-control systems, escalators, aircraft stands, and taxiways. This marks an extension of a previously announced EUR 3 bn investment from 2024-2027 on the back of implementing further maintenance works and improvements at the airport, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/europe\/netherlands-schipol-airport-invest-67-bln-over-next-5-years-boost-capacity-2024-08-30\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Schiphol had a good 1H 2024: <\/strong><span style=\"background-color: transparent;\">Schiphol recorded a 9% growth in cargo volumes to 700k tons in 1H 2024, while air traffic movements saw a 12% y-o-y increase to 230.4k during the same period, according to the statement. Air traffic movements remain 5% below pre-Covid 19 levels. Passenger numbers also inched up 9% y-o-y to 36.1 mn during the first six months of the year.<\/span><\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>China + Philippines exchange accusations over vessel collisions:<\/strong> China and the Philippines are exchanging accusations of intentionally ramming coast guard vessels in the disputed waters of the South China Sea, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/asia-pacific\/chinese-coast-guard-says-philippine-ship-rammed-chinese-vessel-south-china-sea-2024-08-31\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Saturday. The Philippines claimed that a China Coast Guard vessel 5205 \u201cdirectly and intentionally rammed the Philippine vessel\u201d without provocation, while Beijing said that a Philippine ship \u201cdeliberately rammed\u201d a Chinese vessel. The collision \u2014 which happened near the Sabina Shoal in South China Sea \u2014 is the fifth in a month amid a long-running escalating rivalry between both parties. The ramming caused no casualties, but reportedly damaged the 97-meter Teresa Magbanua, one of the Philippines' largest coast guard cutters.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UK to join CPTPP to boost economy by GDP 2 bn annually<\/strong><strong> in December:<\/strong> The UK is set to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on 15 December after it received the final required ratification from its government and the group, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/uk\/britain-says-cptpp-agreement-come-into-force-by-dec-15-2024-08-29\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Thursday. The UK is slated to make over 99% of its current goods exports to CPTPP nations tariff-free when the agreement comes into force, boosting its economy by c. GBP 2 bn annually by 2040.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background:<\/strong> The UK <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/britain-signs-treaty-join-trans-pacific-trade-pact-2023-07-16\/\" style=\"\" rel=\"noopener\">formally inked<\/a> the accession treaty in July to help boost its trade links with CPTPP countries, which include Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. Britain is set to become the first new country to join the partnership which was initiated in 2018, according to Reuters. <\/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>S-Oil adds SAF to Korean Air:<\/strong> S-Oil \u2014 the South Korean affiliate of Saudi\u2019s oil giant Aramco \u2014 began supplying sustainable aviation fuel (SAF) for Korean Air's regular route to Japan. This makes S-Oil the first local refiner to supply domestically produced SAF to local carriers on a regular route. (<a target=\"_blank\" href=\"https:\/\/en.yna.co.kr\/view\/AEN20240901000700320?section=search\" style=\"\" rel=\"noopener\">Yonhap News Agency<\/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\/around-the-world\/\">AROUND THE WORLD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/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=\"80751\" 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\/09\/02\/80751\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-80751\" class=\"content-area-description single-story post-80751 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;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 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>12-14 October (Saturday-Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2024\/8\/1791.pdf\" style=\"\">Global Logistics Forum 2024<\/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>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;\">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>4-6 November: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/tiaca.org\/tiaca-to-hold-air-cargo-forum-2025\/\" style=\"\">The International Air Cargo Association TIACA\u2019s Air Cargo Forum 2025<\/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 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>Another Adani M&#038;A | GCC-Europe trade route has a timeline | Talabat is heading to the DFM | Marsa Maroc had a good 1H 2024<\/p>\n","protected":false},"featured_media":80731,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-80730","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"79a32d32-48af-40ca-8d46-cdd844063b2d","teaser":"Another Adani M&A | GCC-Europe trade route has a timeline | Talabat is heading to the DFM | Marsa Maroc had a good 1H 2024","photo_url":"https:\/\/ent.news\/2024\/1\/1189.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Adani Ports snaps up 80% of Dubai\u2019s Astro - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/logistics\/issues\/adani-ports-snaps-up-80-of-dubais-astro\/\" \/>\n<meta property=\"og:locale\" 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