{"id":81054,"date":"2024-09-17T00:00:00","date_gmt":"2024-09-17T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=81054"},"modified":"2025-12-15T15:18:09","modified_gmt":"2025-12-15T15:18:09","slug":"opec-fund-extends-usd-392-mn-loan-for-omans-diba-lima-khasab-road-project","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/opec-fund-extends-usd-392-mn-loan-for-omans-diba-lima-khasab-road-project\/","title":{"rendered":"Opec Fund extends USD 392 mn loan for Oman\u2019s Diba-Lima-Khasab road project"},"content":{"rendered":"<section id=\"81056\" 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=\"81056\">\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\/17\/today-omans-diba-lima-khasab-road-project-gets-a-financing-boost-more-omani-lng-pegged-for-export\/\">\r\n                            TODAY: Oman\u2019s Diba-Lima-Khasab road project gets a financing boost + More Omani LNG pegged for export                        <\/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\/17\/today-omans-diba-lima-khasab-road-project-gets-a-financing-boost-more-omani-lng-pegged-for-export\/\" 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\/17\/today-omans-diba-lima-khasab-road-project-gets-a-financing-boost-more-omani-lng-pegged-for-export\/')\">\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\/17\/today-omans-diba-lima-khasab-road-project-gets-a-financing-boost-more-omani-lng-pegged-for-export\/\">\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=TODAY: Oman\u2019s Diba-Lima-Khasab road project gets a financing boost + More Omani LNG pegged for export&url=https:\/\/enterpriseam.com\/logistics\/2024\/09\/17\/today-omans-diba-lima-khasab-road-project-gets-a-financing-boost-more-omani-lng-pegged-for-export\/\">\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\/17\/today-omans-diba-lima-khasab-road-project-gets-a-financing-boost-more-omani-lng-pegged-for-export\/&title=TODAY: Oman\u2019s Diba-Lima-Khasab road project gets a financing boost + More Omani LNG pegged for export\">\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=TODAY%3A+Oman%E2%80%99s+Diba-Lima-Khasab+road+project+gets+a+financing+boost+%2B+More+Omani+LNG+pegged+for+export+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F09%2F17%2Ftoday-omans-diba-lima-khasab-road-project-gets-a-financing-boost-more-omani-lng-pegged-for-export%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\/17\/today-omans-diba-lima-khasab-road-project-gets-a-financing-boost-more-omani-lng-pegged-for-export\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1282.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81057\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/09\/17\/today-omans-diba-lima-khasab-road-project-gets-a-financing-boost-more-omani-lng-pegged-for-export\/1282-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1282.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1282.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1282.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1282.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81056\" class=\"content-area-description single-story post-81056 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-egypt tag-saudi-arabia tag-trade tag-what-were-tracking-today 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\/.81ac4ed1-896e-48b5-8cda-d7a3b96dd98a.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, folks. <\/strong>It\u2019s a busy news day for Oman with road project financing and LNG exports lined up for the sultanate. We also have the latest on that high-delegation meeting between Egypt and Saudi, along with the most recent developments from the Boeing strike\u2026<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt2\"><\/a>THE BIG STORY ABROAD- <\/strong><strong>Boeing strike continues as company considers furloughs:<\/strong> Boeing is implementing a hiring freeze and considering furloughs as the aviation giant scrambles to cut costs as a 30k strong strike enters its fifth day. \"This strike jeopardizes our recovery in a significant way and we must take necessary actions to preserve cash and safeguard our shared future,\" CFO Brian West told employees in a letter on Monday. Boeing will also stop issuing supplier purchase orders for the company\u2019s 737, 767 and 777 programs in a bid to contain the fallout as it scrambles to preserve the company\u2019s credit rating. The last Boeing strike in 2008 <a target=\"_blank\" href=\"https:\/\/edition.cnn.com\/2024\/09\/16\/business\/boeing-strike-cost\/index.html\" style=\"\" rel=\"noopener\">cost the company USD 1.2 bn<\/a>, and this strike could prove to be as costly if it continues for months.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Talks are set to resume today:<\/strong> Union leaders are set to meet today with federal mediators and Boeing to resume talks over a labor contract, with workers pushing for an improved wage offer from Boeing and the reinstatement of a defined-benefit pension eliminated 10 years ago.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- <\/strong>Over 30k Boeing workers at the company\u2019s US West Coast factory went on strike <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/aa1dadeb-107d-496b-b4b4-539b175aac86\/today:-egypt%25e2%2580%2599s-lng-tender-yields-results-%2B-nvidia-chips-make-their-way-into-uae-data-centers\" style=\"\" rel=\"noopener\">on Friday<\/a> after rejecting a contract proposal demanding higher wages. \u201cI can go for six weeks, eight weeks, but it's up to Boeing management to decide when they want to offer a fair deal,\u201d engineer in the 737 MAX factory Thinh Tan was quoted as saying by Reuters.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The story continues to get coverage in the int\u2019l press: <\/strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/world-at-work\/boeing-strike-enters-fourth-day-fresh-talks-loom-2024-09-16\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-09-16\/boeing-starts-hiring-freeze-considers-temporary-furloughs\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/dd453ad8-b329-4427-bd71-547219f54712\" style=\"\" rel=\"noopener\">Financial Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.cnn.com\/2024\/09\/16\/business\/boeing-hiring-freeze\/index.html\" style=\"\" rel=\"noopener\">CNN<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bbc.com\/news\/articles\/c8ell8jwew0o\" style=\"\" rel=\"noopener\">BBC<\/a> | <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/business\/2024\/sep\/16\/boeing-furlough-employees-strike\" style=\"\" rel=\"noopener\">The Guardian<\/a> | <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2024\/09\/16\/boeing-freezes-hiring-cost-cuts-factory-worker-strike.html\" style=\"\" rel=\"noopener\">CNBC<\/a> <\/p>\n<p class=\"tag-border-left\">WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt1\"><\/a>#1- A successful Egypt-Saudi meeting:<\/strong> Saudi Crown Prince Mohammed bin Salman said he has directed Saudi\u2019s Public Investment Fund (PIF) to direct USD 5 bn in investments into Egypt as part of the \u201cfirst phase\u201d of a larger program of investment, according to a cabinet <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/share\/p\/LuXDTghELtHxrHg4\/\" style=\"\" rel=\"noopener\">statement<\/a>. A timeline of when we can expect to see the funds or what areas they will target were not disclosed.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI-<\/strong> Egyptian Prime Minister Moustafa Madbouly <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/edition\/logistics\/f6d1af53-6c5e-4ac9-83f0-7c1c043ca427\" style=\"\" rel=\"noopener\">touched down in Riyadh<\/a> on Sunday alongside Egypt\u2019s Finance Minister Ahmed Kouchouk and Egypt\u2019s Investment Minister Hassan El Khatib for talks with their Saudi counterparts aimed at strengthening trade and investment between the two countries.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Issues are being ironed out: <\/strong>Madbouly reported the majority of approximately 90 problems identified by Saudi investors <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0wHWyxCc1XDXMgyp5YEh6U6b6sth4NihoB7RqCFFv4EzN9zVREnzS4JWQUQc5dmcvl?rdid=ZJf7kCdR91edtK4W\" style=\"\" rel=\"noopener\">have already been sorted out<\/a>. The 14 remaining issues will be solved by the end of the year, he added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A bilateral investment agreement is incoming: <\/strong>The Agreement on Promotion and Mutual Protection of Investments between the two countries, which aims to help protect Saudi investors as Egypt looks to double their investments in the country, will be put into effect in two months or less after both sides sort out the necessary legislative and regulatory issues.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Jordan chamber blindsided by EV taxes: <\/strong>Jordan\u2019s Council of Ministers' decision to lower a tax on gasoline vehicles and progressively increase taxes on EVs is \u201cunjustified\u201d, head of the Jordan and Amman Chambers of Commerce Khalil Al-Haj Tawfiq told <a target=\"_blank\" href=\"https:\/\/www.almamlakatv.com\/news\/150765-%D8%BA%D8%B1%D9%81%D8%A9-%D8%AA%D8%AC%D8%A7%D8%B1%D8%A9-%D8%A7%D9%84%D8%A3%D8%B1%D8%AF%D9%86-%D9%82%D8%B1%D8%A7%D8%B1-%D8%A7%D9%84%D8%B6%D8%B1%D9%8A%D8%A8%D8%A9-%D8%A7%D9%84%D9%85%D8%B1%D8%AA%D8%A8%D8%B7-%D8%A8%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%A8%D8%A7%D8%AA-%D8%A7%D9%84%D9%83%D9%87%D8%B1%D8%A8%D8%A7%D8%A6%D9%8A%D8%A9-%D9%85%D9%81%D8%A7%D8%AC%D8%A6\" style=\"\" rel=\"noopener\">Al Mamlaka<\/a>. Khalil called it an \u201cunfair decision that will lead to a state of paralysis in the freezone and the automobile sector,\u201d while the council maintains the special tax on EVs remains lower than other hybrid models. EVs priced under JOD 10k will be exempt, the council added. <\/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>Daimler Truck<\/strong><strong> to produce new series of eActros Mercedes-Benz trucks:<\/strong> Commercial vehicle manufacturer <a target=\"_blank\" href=\"https:\/\/www.daimlertruck.com\/en\" style=\"\" rel=\"noopener\">Daimler Truck<\/a> will start producing a new series of its first fully battery-electric heavy truck eActros 600 using Mercedes-Benz\u2019s assembly line in November, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/autos-transportation\/daimler-truck-start-series-production-fully-electric-heavy-truck-2024-09-15\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. The company did not disclose the purchase price of the battery-electric truck, only that it was x2.5 higher than its diesel powered counterpart. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details:<\/strong> The truck has <a target=\"_blank\" href=\"https:\/\/www.daimlertruck.com\/en\/newsroom\/pressrelease\/iaa-transportation-2024-daimler-truck-puts-the-focus-on-co2-neutral-long-distance-haulage-start-of-series-production-of-the-mercedes-benz-eactros-600-in-november-52830013\" style=\"\" rel=\"noopener\">three battery packs<\/a> with a total capacity of c.621 kWh, each at 207 kWh. It will have a range of 500 km on a single battery charge while carrying 22 tons of cargo. Daimler Truck received 2k orders for the eActros 600 after sales began in late 2023. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Daimler is working in the region: <\/strong>UAE renewables giant Masdar inked an agreement with Daimler to explore supplying liquid green hydrogen to power fuel cell rig trucks in Europe by 2030 <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f7a6affc-396f-4a33-97dc-e8aade87dc87\" style=\"\" rel=\"noopener\">back in January<\/a>. The agreement could potentially \u201cenable a significant reduction of CO2-emissions in road freight transport in Europe,\u201d while supporting \u201cthe UAE\u2019s ambition to become a leader in the low-carbon hydrogen market by 2031,\u201d Masdar CEO Mohamed Jameel Al Ramahi said at the time.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">MARKET WATCH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong>Oil prices continued rising in early morning trading <\/strong><strong>on the back of concern regarding <\/strong><strong>US output and lower crude stockpiles due to Hurricane Francine<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/oil-extends-gains-us-output-concerns-expected-drop-stockpiles-2024-09-17\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. Brent crude futures for November rose USD 0.16 to USD 72.91 a barrel, while West Texas Intermediate (WTI) crude futures for October gained USD 0.34 selling at USD 70.43 a barrel.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UBS adjusts oil price forecast: <\/strong>UBS lowered forecasts for oil prices for 2024 due to a poor global demand outlook driven by a weakening Chinese economy, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/bofa-lowers-2025-brent-forecast-by-5bbl-softer-demand-2024-09-06\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. The bank cut its price view for Brent and West Texas Intermediate (WTI) crude by USD 4 to USD 80 and USD 76 per barrel respectively, and decreased its global demand growth by 0.1 mn barrels per day.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Not the first to cut forecasts: <\/strong>Opec lowered its forecast for global oil demand growth in 2024 <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/bd168f4c-402c-46f7-ac7f-bde7ece24f52\" style=\"\" rel=\"noopener\">last week<\/a> and trimmed expectations for 2025, marking its second consecutive downward revision. <\/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 <\/strong><strong>bounces back slightly: <\/strong>The Baltic Exchange\u2019s dry bulk sea freight index \u2014 which tracks rates for the capesize, panamax, and supramax vessel segments \u2014 rose <a target=\"_blank\" href=\"https:\/\/tradingeconomics.com\/commodity\/baltic\" style=\"\" rel=\"noopener\">0.3% to 1,896 points<\/a> on Monday, snapping a two-day streak of decreases. The capesize index inched up 0.3% to 3,097 points, while the panamax index rose 1% to 1,442 points. The smaller supramax index added one point settling in at 1,265 points.<\/p>\n<p class=\"tag-border-left\">DATA POINT- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt\u2019s wheat imports increased 30% y-o-y in 1H 2024 to USD 2.3 bn<\/strong>, according to data from state statistics agency Capmas. During the same period, the nation\u2019s total imports increased 2.7% to USD 41.8 bn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI:<\/strong> Egypt has been looking into <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/54ea33f0-d085-408e-b06e-cce4ba02b337\/today:-kezad-and-dmb-expand-lease-agreement-%2B-cargo-deliveries-to-space\" style=\"\" rel=\"noopener\">importing wheat<\/a> from Mexico, Zimbabwe, Sweden, and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/7a769068-0206-4eb2-931e-44b8e4aecc4d\/saudi%25e2%2580%2599s-sovereign-wealth-fund-plans-new-freight-airline-to-take-on-rival-gulf-airlines\" style=\"\" rel=\"noopener\">Turkey<\/a> to diversify its sources and its exporter portfolio in 2025 and 2026. Egyptian state grain buyer General Authority for Supply Commodities purchased <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/ac2c9313-1c17-47db-9402-85610ee80832\/today:-lots-of%253cmark%253e-egypt%253c%2Fmark%253e-updates-%2B-more-earnings-from-adnoc-gas,-air-arabia\" style=\"\" rel=\"noopener\">280k tons<\/a> of wheat in a tender in August.<\/p>\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>CMA CGM issues new overweight surcharge<\/strong><strong>:<\/strong> French shipping firm CMA CGM has issued a new overweight surcharge (OWS) on dry cargo from the Middle East Gulf and Indian Subcontinent to the South American East Coast until further notice, according to a <a target=\"_blank\" href=\"https:\/\/www.cma-cgm.com\/news\/4855\/overweight-surcharge-ows-dry-cargo-from-indian-subcontinent-amp-middle-east-gulf-to-south-america-east-coast?cat=tariffandsurchargeupdates\" style=\"\" rel=\"noopener\">statement<\/a>. The OWS will be issued at a rate of USD 500 per 20 ft Dry Container.<\/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\">THE FINANCE FORUM- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We\u2019re a week away from this year\u2019s<\/strong><strong> EnterpriseAM Finance Forum<\/strong>, taking place on Tuesday, 24 September. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Headlining the EnterpriseAM Finance Forum: <\/strong>We\u2019ll be joined for the first time on stage by a senior government official, who\u2019s joining us to outline a vision for where we\u2019re going as a community and as an economy. The keynote interview will get underway at 9am sharp, and you won\u2019t want to miss our exclusive networking breakfast from 8am.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Among the topics on the agenda<\/strong>, which <a target=\"_blank\" href=\"https:\/\/finance2024.enterprise.news\/#agenda\" style=\"\" rel=\"noopener\">you can view here<\/a>:<\/p>\n<ul>\n<li><strong>Welcome to the hot seat<\/strong> \u2014 top industry CEOs set the tone by addressing the biggest (and toughest) questions of the day. <\/li>\n<li><strong>Looking from the outside in<\/strong> \u2014 what foreign investors and strategics think about Egypt right now.<\/li>\n<li><strong>The only asset class in town \u2014<\/strong> It\u2019s real estate or nothing. We\u2019ll get into the ins and outs of the industry, how it\u2019s financing itself, which areas (and price points) are next, and more. <\/li>\n<li><strong>Gazing into that crystal ball <\/strong>\u2014 The outlook for dealflow in 2025, from M&A and IPOs to securitization, FX and more. <\/li>\n<li><strong>A once in a generation opportunity? <\/strong>\u2014 A deep dive into the promise and pitfalls of the emerging energy economy.<\/li>\n<li><strong>Do we really love banking SMEs? <\/strong>\u2014 With NBFIs and fintech players staking their claims, banks are starting to take the SME market seriously.<\/li>\n<li><strong>The NBFI panel<\/strong> \u2014 The resilience of the Egyptian consumer is the business story of the decade. How are banks and NBFS players building sustainable businesses? What are the opportunities \u2014 and credit worries \u2014 in the B2B space?<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Haven\u2019t requested an invitation yet? Do it today \u2014 space is limited. <\/strong><strong><a target=\"_blank\" href=\"https:\/\/finance2024.enterprise.news\/\" style=\"\" rel=\"noopener\">Tap or click here<\/a><\/strong><a target=\"_blank\" href=\"https:\/\/finance2024.enterprise.news\/\" style=\"\" rel=\"noopener\">to<\/a><a target=\"_blank\" href=\"https:\/\/finance2024.enterprise.news\/\" style=\"\" rel=\"noopener\">let us know you\u2019re interested<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** IMPORTANT NOTE \u2014 If you\u2019ve already received your invitation on email, you *must* <\/strong><strong>click through to confirm you\u2019re attending. <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a href=\"http:\/\/finance2024.enterprise.news\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1078.jpg?ssl=1\"\/><\/a> <\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"logistics\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;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>The UAE will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.worldfzo.org\/Events\/Upcoming-Events\/id\/702\/zones-and-the-shifting-global-economic-structures-unlocking-new-investment-avenues\" style=\"\" rel=\"noopener\">World Freezones Organization\u2019s Annual International Conference<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.worldfzo.org\/Events\/Upcoming-Events\/id\/702\/zones-and-the-shifting-global-economic-structures-unlocking-new-investment-avenues\" style=\"\" rel=\"noopener\">and Exhibition<\/a><\/strong><strong> from Monday, 23 September to Wednesday, 25 September<\/strong> in Dubai. The event will discuss zones and the shifting dynamics of global economic structures to open up new avenues for investment.<\/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:\/\/thefreightsummit.com\/dubai2024\/\" style=\"\" rel=\"noopener\">Freight Summit Global Conference<\/a><\/strong><strong> from Monday, 23 September to <\/strong><strong>Thursday, 26 September<\/strong> in Dubai. The conference is slated to bring together over 400 international freight forwarders to network and boost partnerships globally. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.aerospacesummit.com\/\" style=\"\" rel=\"noopener\">Global Aerospace Summit<\/a><\/strong><strong> from Wednesday, 25 September to <\/strong><strong>Thursday, 26 September<\/strong>in Abu Dhabi. The summit will gather key players in the global aerospace supply chain industry along with high level industry and government officials to discuss industry services, legal structure and resource sharing.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Bahrain to host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.routesonline.com\/events\/250\/routes-world-2024\/\" style=\"\" rel=\"noopener\">Routes World<\/a><\/strong><strong> forum from Sunday, 6 October to Tuesday, 8 October. <\/strong>The event will bring together VPs and network planning heads from some 250 carriers to discuss global air route networks.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi Arabia to host the <\/strong><strong><a target=\"_blank\" href=\"http:\/\/v\" style=\"\" rel=\"noopener\">Global Logistics Forum<\/a><\/strong><strong> from Saturday, 12 October to Monday, <\/strong><strong>14 October<\/strong> in Riyadh. The forum will gather key industry players, government officials, and industry experts to discuss optimizing operations and driving growth in the logistics sector. The event will take a specific look at how the sector can adapt with regards to global climate change and incorporate sustainability into their supply-chain operations. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Check out our full calendar<\/strong> at the bottom of this email for a comprehensive listing of upcoming news events and news triggers.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/what-were-tracking-today\/\">WHAT WE\u2019RE TRACKING TODAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"81058\" 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 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n                <span class=\"has-primary-color stk-highlight\">This publication is proudly sponsored by<\/span><\/h4>\r\n                \r\n\r\n                \r\n                <div class=\"wp-block-stackable-carousel alignwide stk-block-carousel stk--is-slide stk--infinite-scroll stk--arrows-justify-space-between stk--arrows-align-center stk-block stk-a38cfb2 sponsor-slider-container mb-0\" data-slides-to-show=\"3\" data-block-id=\"a38cfb2\"><style>.stk-a38cfb2 {--slides-to-show:3 !important;}.stk-a38cfb2 .stk-block-carousel__button{background:#00000099 !important;fill:#FFFFFF !important;border-radius:4px !important;}.stk-a38cfb2 .stk-block-carousel__button svg.ugb-custom-icon :is(g, path, rect, polygon, ellipse){fill:#FFFFFF !important;}<\/style>\r\n                <div class=\"stk-block-carousel__content-wrapper\">\r\n                <div class=\"stk-row stk-inner-blocks stk-block-content stk-block-carousel__slider-wrapper stk-content-align stk-a38cfb2-column alignwide\">\r\n                <div class=\"stk-block-carousel__slider\" role=\"list\" data-autoplay=\"4000\" data-label-slide-of=\"Slide %%d of %%d\">\r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-46c5f99\" data-v=\"4\" data-block-id=\"46c5f99\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-46c5f99-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-46c5f99-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/29638.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.hassanallam.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/29594.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Investing in a sustainable future<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-7s1qlpw\" data-v=\"4\" data-block-id=\"7s1qlpw\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-7s1qlpw-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-7s1qlpw-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/29636.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/transmar.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/29590.png?fit=300%2C300&#038;ssl=1\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Your regional partner<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-rosk2y8\" data-v=\"4\" data-block-id=\"rosk2y8\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-rosk2y8-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-rosk2y8-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/29641.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.hsbc.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/29586.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Opening up a world of opportunity<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        <\/div><div class=\"stk-block-carousel__buttons\"><button class=\"stk-block-carousel__button stk-block-carousel__button__prev\" aria-label=\"Previous slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" data-icon=\"chevron-left\" class=\"svg-inline--fa fa-chevron-left\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 320 512\" width=\"32\" height=\"32\"><path d=\"M34.52 239.03L228.87 44.69c9.37-9.37 24.57-9.37 33.94 0l22.67 22.67c9.36 9.36 9.37 24.52.04 33.9L131.49 256l154.02 154.75c9.34 9.38 9.32 24.54-.04 33.9l-22.67 22.67c-9.37 9.37-24.57 9.37-33.94 0L34.52 272.97c-9.37-9.37-9.37-24.57 0-33.94z\"><\/path><\/svg><\/button><button class=\"stk-block-carousel__button stk-block-carousel__button__next\" aria-label=\"Next slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" data-icon=\"chevron-right\" class=\"svg-inline--fa fa-chevron-right\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 320 512\" width=\"32\" height=\"32\"><path d=\"M285.476 272.971L91.132 467.314c-9.373 9.373-24.569 9.373-33.941 0l-22.667-22.667c-9.357-9.357-9.375-24.522-.04-33.901L188.505 256 34.484 101.255c-9.335-9.379-9.317-24.544.04-33.901l22.667-22.667c9.373-9.373 24.569-9.373 33.941 0L285.475 239.03c9.373 9.372 9.373 24.568.001 33.941z\"><\/path><\/svg><\/button><\/div><\/div><div class=\"stk-block-carousel__dots\" 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=\"81059\" 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=\"81059\">\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\">Debt Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/09\/17\/opec-fund-extends-usd-392-mn-loan-for-omans-diba-lima-khasab-road-project\/\">\r\n                            Opec Fund extends USD 392 mn loan for Oman\u2019s Diba-Lima-Khasab road project                        <\/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\/17\/opec-fund-extends-usd-392-mn-loan-for-omans-diba-lima-khasab-road-project\/\" 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\/17\/opec-fund-extends-usd-392-mn-loan-for-omans-diba-lima-khasab-road-project\/')\">\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\/17\/opec-fund-extends-usd-392-mn-loan-for-omans-diba-lima-khasab-road-project\/\">\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=Opec Fund extends USD 392 mn loan for Oman\u2019s Diba-Lima-Khasab road project&url=https:\/\/enterpriseam.com\/logistics\/2024\/09\/17\/opec-fund-extends-usd-392-mn-loan-for-omans-diba-lima-khasab-road-project\/\">\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\/17\/opec-fund-extends-usd-392-mn-loan-for-omans-diba-lima-khasab-road-project\/&title=Opec Fund extends USD 392 mn loan for Oman\u2019s Diba-Lima-Khasab road project\">\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=Opec+Fund+extends+USD+392+mn+loan+for+Oman%E2%80%99s+Diba-Lima-Khasab+road+project+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F09%2F17%2Fopec-fund-extends-usd-392-mn-loan-for-omans-diba-lima-khasab-road-project%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\/17\/opec-fund-extends-usd-392-mn-loan-for-omans-diba-lima-khasab-road-project\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1281.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81060\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/09\/17\/opec-fund-extends-usd-392-mn-loan-for-omans-diba-lima-khasab-road-project\/1281-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1281.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1281.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1281.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1281.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81059\" class=\"content-area-description single-story post-81059 post type-post status-publish format-standard has-post-thumbnail hentry category-debt-watch tag-debt-watch tag-oman tag-projects tag-roads 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\/.e6d8f043-5713-4429-ba22-b7b9e9fa6081.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> <\/strong><strong>Oman has secured a loan facility of up to USD 392 mn from the Opec Fund for its <\/strong><strong>Diba-Lima-Khasab<\/strong><strong> road project<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/opecfund.org\/media-center\/press-releases\/2024\/opec-fund-approves-close-to-us-1.2-billion-new-development-funding\" style=\"\" rel=\"noopener\">statement<\/a>. The loan will be dispersed in two tranches of USD 180 mn and USD 212 mn, and is part of a larger USD 1.2 bn package in new development financing directed to projects in Jordan, Armenia, Benin, Colombia, C\u00f4te D\u2019Ivoire, DRC, Honduras and Tajikistan.<\/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;\"> Oman inked the agreement for the design and implementation of the road link project back <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/8cbf6cdf-9b99-432d-b76b-9dced9070b83\" rel=\"noopener\">in December<\/a><span style=\"background-color: transparent;\">. The project plans to develop 11 bridges and 350 container points along the road, which will have 14 meter lanes going in each direction. Al Sarooj Construction Company is overseeing the design and construction of the road, <\/span><a target=\"_blank\" href=\"https:\/\/omannews.gov.om\/topics\/en\/80\/show\/115334\" rel=\"noopener\">Ona<\/a><span style=\"background-color: transparent;\"> reported.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The project is underway:<\/strong> Oman\u2019s transport and technology ministry announced that construction works on the Diba-Khasab-Lima road were 15% complete <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/1d4690e9-ef06-4b6c-8bbf-4948d2ac03e0\/\" style=\"\" rel=\"noopener\">in July<\/a>. The ground preparations to build the Dibba-Lima road are complete with 60 km of the 72 km road works paved. Some 12 km of the 22 km of road linking Lima to Khasab \u2014 reportedly the most difficult part \u2014 is complete, said Al Maawali.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/debt-watch\/\">DEBT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/projects\/\">PROJECTS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/roads\/\">roads<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"81061\" 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=\"81061\">\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\/17\/oman-and-thailand-ink-5-year-lng-supply-agreement-for-300k-metric-tons-annually\/\">\r\n                            Oman and Thailand ink 5-year LNG supply agreement for 300k metric tons annually                        <\/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\/17\/oman-and-thailand-ink-5-year-lng-supply-agreement-for-300k-metric-tons-annually\/\" 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\/17\/oman-and-thailand-ink-5-year-lng-supply-agreement-for-300k-metric-tons-annually\/')\">\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\/17\/oman-and-thailand-ink-5-year-lng-supply-agreement-for-300k-metric-tons-annually\/\">\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=Oman and Thailand ink 5-year LNG supply agreement for 300k metric tons annually&url=https:\/\/enterpriseam.com\/logistics\/2024\/09\/17\/oman-and-thailand-ink-5-year-lng-supply-agreement-for-300k-metric-tons-annually\/\">\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\/17\/oman-and-thailand-ink-5-year-lng-supply-agreement-for-300k-metric-tons-annually\/&title=Oman and Thailand ink 5-year LNG supply agreement for 300k metric tons annually\">\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=Oman+and+Thailand+ink+5-year+LNG+supply+agreement+for+300k+metric+tons+annually+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F09%2F17%2Foman-and-thailand-ink-5-year-lng-supply-agreement-for-300k-metric-tons-annually%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\/17\/oman-and-thailand-ink-5-year-lng-supply-agreement-for-300k-metric-tons-annually\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2303.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81062\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/09\/17\/oman-and-thailand-ink-5-year-lng-supply-agreement-for-300k-metric-tons-annually\/2303-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2303.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2303.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2303.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2303.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81061\" class=\"content-area-description single-story post-81061 post type-post status-publish format-standard has-post-thumbnail hentry category-trade tag-lng tag-oman 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\/.f1590950-a7bf-43d2-bf95-f20886fc605d.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> <\/strong><strong>Oman + Thailand sign LNG supply agreement:<\/strong> Oman LNG has inked a five-year agreement with Thailand\u2019s largest energy firm <a target=\"_blank\" href=\"https:\/\/www.pttplc.com\/en\/Home.aspx\" style=\"\" rel=\"noopener\">PTT PCL<\/a> to supply the country with 300k metric tons of liquefied natural gas (LNG) per year starting 2025, PTT told <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/deals\/thailands-ptt-signs-5-year-lng-deal-with-oman-lng-2024-09-16\/\" style=\"\" rel=\"noopener\">Reuters<\/a>. PTT is in negotiations with Oman LNG for a longer nine-year supply contract to secure 800k tons per year starting in 2026.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Strategizing exports: <\/strong><span style=\"background-color: transparent;\">The agreement will help ease the impact of short-term LNG purchases in the spot market, which exposes Thailand to gas price fluctuations and surges in electricity costs, Thailand\u2019s <\/span><a target=\"_blank\" href=\"https:\/\/www.bangkokpost.com\/business\/general\/2864718\/ptt-unit-inks-deal-to-buy-lng-from-oman\" rel=\"noopener\">Bangkok Post<\/a><span style=\"background-color: transparent;\"> reported last week. The suspension of production at a Thai gas field led to a 40% decline in the proportion of domestic gas supply between 2020 and 2023. Thailand is Southeast Asia\u2019s largest LNG importer, importing 11.7 mn tons last year, Reuters writes, citing Kpler data.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>PTT already has footprints in Oman: <\/strong>PTT\u2019s subsidiary PTT Exploration and Production Public Company Limited (PTTEP) owns a 20% stake in Block 61, home to Oman\u2019s largest gas fields, as well as minor stakes in Petroleum Development Oman (PDO), Mukhaizna\u2019s block, and Oman LNG, <a target=\"_blank\" href=\"https:\/\/www.omanobserver.om\/article\/1159061\/business\/energy\/oman-lng-inks-supply-pact-with-thailands-ptt\" style=\"\" rel=\"noopener\">Oman Observer<\/a> reported last week. PTTEP\u2019s energy subsidiary FutureTech Energy Ventures is a partner in a multinational consortium that signed contracts with Oman\u2019s green industry orchestrator Hydrom to develop a mega-scale green hydrogen project in Oman. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Oman\u2019s a big LNG player:<\/strong> Oman is the <a target=\"_blank\" href=\"https:\/\/www.omanobserver.om\/article\/1155693\/business\/energy\/oman-remains-a-significant-player-in-the-global-lng-market\" style=\"\" rel=\"noopener\">ninth-largest LNG exporter globally<\/a> accounting for 3% of the world\u2019s total LNG exports. The country exported 11.4 mn metric tonnes of LNG in 2023.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>There\u2019s been a lot of LNG action lately: <\/strong>Oman\u2019s Energy and Minerals Ministry is set to build a new <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/47f6d9f3-1ae0-4436-97b8-99bd13cdf11f\" style=\"\" rel=\"noopener\">LNG rail connection<\/a> at the Qalhat Industrial Complex in South Sharqiyah to boost Oman\u2019s LNG production to 15.2 m metric tonnes per year. TotalEnergies inked a Sale and Purchase Agreement (SPA) with Oman LNG <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/fe2de966-8c9e-4949-a4f8-55856bfb476f\" style=\"\" rel=\"noopener\">back in April<\/a> to offtake 0.8 mn metric tons per annum of LNG for a 10-year period beginning in 2025. Oman LNG also signed a SPA with Turkey\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/713e0908-4bb4-4cb7-a6c2-a33f85a98d47\/\" style=\"\" rel=\"noopener\">BOTAS Petroleum Pipeline Corporation<\/a> for the supply of 1 mn metric tonnes per annum (mtpa) of LNG for 10 years and Japan\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/4d40611d-114f-495e-96e2-f260099fa90c\" style=\"\" rel=\"noopener\">Jera for the supply of 0.8 mn metric tons<\/a> of LNG per year over the same period \u2014 both starting 2025.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/lng\/\">LNG<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"81063 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"81063\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/09\/17\/81063\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81063\" class=\"content-area-description single-story post-81063 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/yanmuparks.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/425.jpg?ssl=1\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"81064\" 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=\"81064\">\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\">Rail<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/09\/17\/etihad-rail-freight-inks-haulage-services-agreement-with-trojan-general-contracting\/\">\r\n                            Etihad Rail Freight inks haulage services agreement with Trojan General Contracting                        <\/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\/17\/etihad-rail-freight-inks-haulage-services-agreement-with-trojan-general-contracting\/\" 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\/17\/etihad-rail-freight-inks-haulage-services-agreement-with-trojan-general-contracting\/')\">\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\/17\/etihad-rail-freight-inks-haulage-services-agreement-with-trojan-general-contracting\/\">\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=Etihad Rail Freight inks haulage services agreement with Trojan General Contracting&url=https:\/\/enterpriseam.com\/logistics\/2024\/09\/17\/etihad-rail-freight-inks-haulage-services-agreement-with-trojan-general-contracting\/\">\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\/17\/etihad-rail-freight-inks-haulage-services-agreement-with-trojan-general-contracting\/&title=Etihad Rail Freight inks haulage services agreement with Trojan General Contracting\">\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=Etihad+Rail+Freight+inks+haulage+services+agreement+with+Trojan+General+Contracting+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F09%2F17%2Fetihad-rail-freight-inks-haulage-services-agreement-with-trojan-general-contracting%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\/17\/etihad-rail-freight-inks-haulage-services-agreement-with-trojan-general-contracting\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1183.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81065\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/09\/17\/etihad-rail-freight-inks-haulage-services-agreement-with-trojan-general-contracting\/1183-jpg-8\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1183.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1183.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1183.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1183.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81064\" class=\"content-area-description single-story post-81064 post type-post status-publish format-standard has-post-thumbnail hentry category-rail tag-etihad-rail tag-rail 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\/.f53fb600-d8eb-43e7-a171-84e8b1c9a37a.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> <\/strong><strong>Etihad Rail Freight + Trojan General Contracting sign haulage agreement<\/strong><strong>: <\/strong>Etihad Rail Freight has inked a haulage services agreement with UAE-based construction firm Trojan General Contracting to boost delivery operations to key industrial hubs in the UAE, according to a <a target=\"_blank\" href=\"https:\/\/www.etihadrail.ae\/post\/etihad-rail-and-trojan-general-contracting-sign-haulage-services-agreement-for-transportation-of-aggregates\" style=\"\" rel=\"noopener\">statement<\/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;\">What we know:<\/strong><span style=\"background-color: transparent;\"> Under the agreement, Etihad Rail Freight will provide first and last-mile delivery services to Trojan\u2019s quarries in Ras Al Khaimah and Fujairah. Etihad will leverage its existing network to transport aggregates via its Al Ghail Dry Port rail terminal to the Industrial City of Abu Dhabi and Dubai Industrial City. The freight forwarder will also provide secure storage facilities for Trojan General Contracting\u2019s goods at its Al Ghail Dry Port terminal in Ras Al Khaimah and its delivery terminals in the UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Etihad Rail launched a sustainable <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/ac7089c2-2dcb-42d6-8426-5f24e82a88b1\/\" style=\"\" rel=\"noopener\">finance framework<\/a> in August to boost green investments in transportation and infrastructure. The new framework ties future financing to ESG objectives, focusing on clean transportation, green buildings, and pollution control.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/etihad-rail\/\">Etihad Rail<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/rail\/\">RAIL<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/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=\"81066\" 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=\"81066\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">STORAGE + WAREHOUSES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/09\/17\/saudi-warehousing-space-rents-rise-as-industrial-growth-spurs-demand\/\">\r\n                            Saudi warehousing space rents rise as industrial growth spurs demand                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/09\/17\/saudi-warehousing-space-rents-rise-as-industrial-growth-spurs-demand\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/logistics\/2024\/09\/17\/saudi-warehousing-space-rents-rise-as-industrial-growth-spurs-demand\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/logistics\/2024\/09\/17\/saudi-warehousing-space-rents-rise-as-industrial-growth-spurs-demand\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Saudi warehousing space rents rise as industrial growth spurs demand&url=https:\/\/enterpriseam.com\/logistics\/2024\/09\/17\/saudi-warehousing-space-rents-rise-as-industrial-growth-spurs-demand\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/logistics\/2024\/09\/17\/saudi-warehousing-space-rents-rise-as-industrial-growth-spurs-demand\/&title=Saudi warehousing space rents rise as industrial growth spurs demand\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Saudi+warehousing+space+rents+rise+as+industrial+growth+spurs+demand+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F09%2F17%2Fsaudi-warehousing-space-rents-rise-as-industrial-growth-spurs-demand%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/09\/17\/saudi-warehousing-space-rents-rise-as-industrial-growth-spurs-demand\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/182.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81067\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/09\/17\/saudi-warehousing-space-rents-rise-as-industrial-growth-spurs-demand\/182-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/182.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"182.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/182.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/182.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81066\" class=\"content-area-description single-story post-81066 post type-post status-publish format-standard has-post-thumbnail hentry category-storage-warehouses tag-saudi-arabia tag-storage-warehouses 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\/.91191099-3b48-4ab4-91f9-bce59f200f8e.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Rents for warehousing facilities in Saudi Arabia continued to rise in 1H 2024 on the back <\/strong><strong>of rising demand<\/strong>, according to <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/9\/138.pdf\" style=\"\" rel=\"noopener\">a report (pdf)<\/a> from London-based real estate consultant Knight Frank. Investments have been plugged into expanding warehousing facilities in KSA in a bid to leverage higher demand and surging rents, with capacity boosted in Riyadh and Jeddah.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">The lay of the (rented) land:<\/strong><span style=\"background-color: transparent;\"> There was a 10.4% increase in average lease rates for light industrial units and grade B facilities over the past 12 months in Riyadh, settling at SAR 210 per sqm. Average lease rates in Jeddah reached SAR 208 per sqm \u2014 a 1.5% y-o-y increase in 1H of this year \u2014 with a 97% occupancy rate. Meanwhile, average rents in the Eastern Province were higher at SAR 228 per sqm, while lease rates in the Dammam Industrial and Al Taawun districts range between SAR 280 per sqm and SAR 300 per sqm.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Driving the growth in demand:<\/strong> Investments in Saudi\u2019s industrial sector hit SAR 7 bn in 1Q 2024, after growing 63% in 2023 to SAR 15 bn, Knight Frank notes. Manufacturing activity in the Kingdom has been growing for most of the year, according to the local industrial production index, which saw the sub-index for manufacturing <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/8d4c766d-bfbc-4c5a-b514-4923de312cf6\/industrial-production-volumes-rise-for-the-first-time-this-year\" style=\"\" rel=\"noopener\">rise for six consecutive months<\/a>. The Kingdom\u2019s growing e-commerce industry \u2014 spurred by covid-era boom \u2014 drove demand for \u201cmodern warehousing and logistics solutions,\u201d the report says. E-commerce is currently Saudi\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/f927601f-448a-4d1d-9d3f-4572432b38d8\/the-kingdom%25e2%2580%2599s-e-%253cmark%253ecommerce%253c%2Fmark%253e-industry-logs-gains-in-2023\" style=\"\" rel=\"noopener\">second-highest VC funded sector<\/a> in the Kingdom.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Supply hasn\u2019t been keeping pace with demand growth<\/strong>, creating a shortage of warehousing space across the Kingdom. The shortage is \u201cexacerbated by the cautious behavior of landowners \u2026 [who] are hesitant to develop speculatively due to their lack of experience in creating a real estate that meets international standards,\u201d said Mikhail Vereshchagin, associate partner at Knight Frank.<\/p>\n<p class=\"tag-border-left\">CAPACITY BREAKDOWN BY GEOGRAPHY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Riyadh\u2019s warehouse and logistics capacity has grown to 28 mn sqm over the past 12<\/strong> <strong>months<\/strong>, with most of the new facilities located in the Industrial Gate City (IGC). There\u2019s another 820k sqm of industrial and logistics space under construction in Riyadh, with the majority again in IGC, followed by Jabal Ali. Meanwhile, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/02d6c74a-94b5-4b06-a152-15284b5d293e\/aramco-and-dhl-form-supply-chain-jv\" style=\"\" rel=\"noopener\">ASMO<\/a> \u2014 a supply chain JV between Aramco and DHL Supply Chain \u2014 marks some of the efforts to meet the rising demand in the energy, chemical, and industrial sectors. However, much of the supply currently under construction is meant for light industrial use, Knight Frank notes. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Over in Jeddah:<\/strong> Capacity at the Red Sea city has grown to 19.6 mn sqm, driven by key projects including Maersk\u2019s logistics park, and Aramex\u2019s warehouse at Jeddah Islamic Port. Projects in the port city\u2019s pipeline include <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/57feec61-5bb3-482a-829d-03766e354f52\" style=\"\" rel=\"noopener\">joint venture Jeddah Logistics Park by Mawani and DP World<\/a>. The project \u2014 slated for completion in 2Q 2025 \u2014 will add 185k sqm of warehousing space to the city\u2019s capacity, and stands to become DP World\u2019s largest warehousing space in the region. German shipping giant Maersk and the Saudi Ports Authority (Mawani) also jointly inaugurated a SAR 1.3 bn logistics zone at Jeddah Islamic Port <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/35874d54-8212-4240-9d95-9323ec4f5093\/mawani-%2B%253cmark%253e-maersk%253c%2Fmark%253e-launch-sar-1.3-bn-logistics-park-jeddah-islamic-port\" style=\"\" rel=\"noopener\">last month<\/a>, spanning a 225k sqm area. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And in Dammam:<\/strong> The Dammam Metropolitan Area\u2019s industrial and logistics infrastructure supply remain \u201crelatively unchanged due to a lack of major completions\u201d over the past year, Knight Frank says. Stock in the area remains at 7.96 mn sqm, with occupancy rates standing at 96%. High-quality warehouse facilities were in greater demand on the back of new industrial cities being set up, including King Salman Energy Park and the Industrial Valley. \u201cThese industrial zones house numerous manufacturing and petrochemical companies that require extensive storage and logistics support,\u201d according to the report. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The upshot:<\/strong> With key areas like Riyadh currently \u201cstarved of supply\u201d of warehouse space and logistics solutions, international developers now have an appealing window to enter the market through partnerships with local players. However, Knight Frank expects the supply crunch to persist for some time, as \u201cthe construction and availability of new warehouse spaces would likely take around two years from the time the partnership is established.\u201d <\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/storage-warehouses\/\">STORAGE + WAREHOUSES<\/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=\"81068 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=\"81068\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/09\/17\/81068\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81068\" class=\"content-area-description single-story post-81068 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/transmar.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2700.jpg?ssl=1\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"81069\" 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=\"81069\">\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\">Also on Our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/09\/17\/a-heap-of-updates-in-ports-data-centers-trucking-trade-and-maritime-shipping-from-uae-and-ksa\/\">\r\n                            A heap of updates in ports, data centers, trucking, trade, and maritime shipping from UAE and KSA                        <\/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\/17\/a-heap-of-updates-in-ports-data-centers-trucking-trade-and-maritime-shipping-from-uae-and-ksa\/\" 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\/17\/a-heap-of-updates-in-ports-data-centers-trucking-trade-and-maritime-shipping-from-uae-and-ksa\/')\">\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\/17\/a-heap-of-updates-in-ports-data-centers-trucking-trade-and-maritime-shipping-from-uae-and-ksa\/\">\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=A heap of updates in ports, data centers, trucking, trade, and maritime shipping from UAE and KSA&url=https:\/\/enterpriseam.com\/logistics\/2024\/09\/17\/a-heap-of-updates-in-ports-data-centers-trucking-trade-and-maritime-shipping-from-uae-and-ksa\/\">\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\/17\/a-heap-of-updates-in-ports-data-centers-trucking-trade-and-maritime-shipping-from-uae-and-ksa\/&title=A heap of updates in ports, data centers, trucking, trade, and maritime shipping from UAE and KSA\">\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=A+heap+of+updates+in+ports%2C+data+centers%2C+trucking%2C+trade%2C+and+maritime+shipping+from+UAE+and+KSA+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F09%2F17%2Fa-heap-of-updates-in-ports-data-centers-trucking-trade-and-maritime-shipping-from-uae-and-ksa%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\/17\/a-heap-of-updates-in-ports-data-centers-trucking-trade-and-maritime-shipping-from-uae-and-ksa\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/456.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81070\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/09\/17\/a-heap-of-updates-in-ports-data-centers-trucking-trade-and-maritime-shipping-from-uae-and-ksa\/456-jpg-14\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/456.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"456.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/456.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/456.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81069\" class=\"content-area-description single-story post-81069 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-aramex tag-data-centers tag-ports tag-saudi-arabia tag-shipping-maritime tag-trade tag-trucking 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\/.47dde7fa-c53f-49f7-b545-5a26db40dfff.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>#1- <\/strong><strong>ABB to equip 15 ships Qatar Energy<\/strong><strong> with permanent magnet shaft generator tech:<\/strong> Swedish-Swiss automation firm ABB has snapped up an order from South Korean shipbuilder Samsung Heavy Industries to equip 15 LNG carriers with permanent magnet shaft generator tech for state-owned Qatar Energy, according to a <a target=\"_blank\" href=\"https:\/\/new.abb.com\/news\/detail\/119102\/abb-permanent-magnet-shaft-generator-technology-to-power-15-lng-carriers-for-qatar-energy\" style=\"\" rel=\"noopener\">statement<\/a>. The investment ticket of the commission has not been disclosed. Qatar Energy placed an order for the 15 LNG carriers for USD 3.57 bn with Samsung Heavy Industries back <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/86fed327-2467-4a56-adf4-85dd66f3f068\/\" style=\"\" rel=\"noopener\">in February<\/a>, <a target=\"_blank\" href=\"https:\/\/www.lloydslist.com\/LL1148177\/Samsung-Heavy-Industries-secures-largest-order-for-15-LNG-carriers\" style=\"\" rel=\"noopener\">Lloyds<\/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;\">What we know:<\/strong><span style=\"background-color: transparent;\"> ABB will install permanent magnet shaft generator technology on the vessels, which have a carrying capacity of up to 174 cbm and are slated for delivery between mid-2026 and August 2028, according to the statement.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Targeting fuel efficiency:<\/strong> ABB will leverage its generator technology to boost operational efficiency and reduce fuel costs by up to 4% compared to traditional high-speed and fuel-intensive engines, the statement says.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>KSA\u2019s Mawani introduces CMA CGM\u2019s<\/strong><strong> LMX shipping service:<\/strong> The Saudi Port Authority (Mawani) has added French shipping giant CMA CGM\u2019s LMX shipping service to the country\u2019s Jubail Commercial Port, <a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/en\/N2171842\" style=\"\" rel=\"noopener\">SPA<\/a> reported earlier this week. The service connects Jubail Port to Turkey\u2019s \u0130skenderun and Mersin ports, the UAE\u2019s Jebel Ali, and Lebanon\u2019s Beirut with a capacity of 3.5k standard containers. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong>DP World Mundra has added the Milaha Guf Express Service 2 (MGX-2)<\/strong>, boosting India\u2019s connectivity with key ports across East Asia, the Indian Subcontinent, and the Arabian Gulf region, the <a target=\"_blank\" href=\"https:\/\/maritime-executive.com\/corporate\/dp-world-mundra-welcomes-the-inaugural-call-of-mgx-2-service\" style=\"\" rel=\"noopener\">Maritime Executive<\/a> reported. The MGX-2 service will operate on a fortnightly basis with three vessels with a capacity of 3k TEUs each and will rotate across the ports of Shanghai, Ningbo, Shekou, Nhava Sheva, Mundra, Sohar, Hamad, and Dammam. The service aims to streamline the movement of diverse cargo and offer efficient logistics solutions to boost India\u2019s access to global markets.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- <\/strong><strong>Asry kicks off first phase of Bapco Refining\u2019s Barges Project:<\/strong> The Arab Shipbuilding and Repair Yard Company (Asry) has launched the first phase of the Bapco Refining Self-Propelled Fuel Oil Bunker Barges Project in Bahrain, which is slated for execution in 4Q 2024, according to a <a target=\"_blank\" href=\"https:\/\/www.asry.net\/Media\/Latest%20News\/2024\/8Sep2024\" style=\"\" rel=\"noopener\">press release<\/a>. The project \u2014 part of a strategic alliance between Asry and Bapco Refining \u2014 involves the delivery of two self\u2013propelled fuel oil bunker barges to one of the country\u2019s \u201cbiggest national industrial operations.\u201d<\/p>\n<p class=\"tag-border-left\">DATA CENTERS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Aramco Digital + <\/strong><strong>Groq<\/strong><strong> partner up on mega data center in KSA:<\/strong> Saudi Arabia\u2019s <a target=\"_blank\" href=\"https:\/\/aramcodigital.com\/about.html\" style=\"\" rel=\"noopener\">Aramco Digital<\/a> \u2014 the tech subsidiary of Aramco \u2014 has partnered with US-based artificial intelligence (AI) firm <a target=\"_blank\" href=\"https:\/\/groq.com\/\" style=\"\" rel=\"noopener\">Groq<\/a> to build what it says will be the world\u2019s largest inference data center, according to a <a target=\"_blank\" href=\"https:\/\/groq.com\/news_press\/aramco-digital-and-groq-announce-progress-in-building-the-worlds-largest-inferencing-data-center-in-saudi-arabia-following-leap-mou-signing\/\" style=\"\" rel=\"noopener\">press release<\/a>. The data center aims to process bns of tokens per day by the end of 2024 and onboard thousands of developers in the region by 2025. Aramco Digital will integrate its digital marketplace \u2014 dubbed nawat \u2014 as a flexible as-a-service model to ensure seamless access to AI in the Kingdom. Aramco will fund the development of the facility, which is slated to cost \u201cin the order of nine figures,\u201d <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-09-16\/chip-startup-groq-backs-saudi-ai-ambitions-with-aramco-deal?embedded-checkout=true\" style=\"\" rel=\"noopener\">Bloomberg<\/a> quoted Groq CEO Jonathan Ross as saying. The tech firm is planning to deploy massive capital in a bid to help diversify the economy away from oil. <\/p>\n<p class=\"tag-border-left\">LAST-MILE DELIVERY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Smartt AI to boost Aramex\u2019s operational efficiency<\/strong><strong> with <\/strong><strong>AI-driven solutions<\/strong><strong>:<\/strong> E-commerce agency Smartt AI will leverage its AI-driven end-to-end ecommerce solutions to boost operational efficiency and performance in Aramex\u2019s fulfillment and last-mile delivery services in the UAE, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/aramex-and-smartt-ai-forge-groundbreaking-partnership-p5sf7z1o\" style=\"\" rel=\"noopener\">statement<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What we know:<\/strong> The pair will integrate a unified dashboard system to boost last-mile delivery tracking and oversight capabilities. The two parties will also adopt Application Programming Interfaces (APIs) to streamline bilateral communication and operations. The partnership will launch operations in the UAE market with plans to expand to KSA and the wider region.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Smartt AI:<\/strong> The UAE-based firm, founded in 2022 by Kartik Jobanputra (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/kartikjobanputra\/\" style=\"\" rel=\"noopener\">LinkedIn<\/a>), specializes in e-commerce listing management, warehousing logistics and content creation, according to its <a target=\"_blank\" href=\"https:\/\/www.smartt-ai.com\" style=\"\" rel=\"noopener\">website<\/a>.<\/p>\n<p class=\"tag-border-left\">TRUCKING-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE-based logistics operator TruKKer has launched Atomix<\/strong>, a new EV ecosystems solutions provider that offers enterprises in the country access to a range of electric trucks, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/atomix-pioneering-electric-fleet-innovation-in-the-middle-east-a2yoph6k\" style=\"\" rel=\"noopener\">statement<\/a>. The firm will leverage technology designed to cater to regional demands and specifications, including powertrain systems to decrease energy losses by 53%, fast-charging battery technology which can reach 80% charge in 30 minutes, and intelligent control systems. <\/p>\n<p class=\"tag-border-left\">PORTS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>SISCO subsidiary Kindasa Water Services (KWS) has inked a contract with Saudi <\/strong><strong>Port Authority (Mawani) to extend its lease at Jeddah Islamic Port<\/strong><strong>,<\/strong> according to a <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=82554&amp;anCat=1&amp;cs=2190&amp;locale=en\" style=\"\" rel=\"noopener\">Tadawul<\/a> release. The lease for KWS\u2019s desalination site at the port has been extended for another 10 years until 2041, with the previous contract set to expire in 2032. The investment ticket of the leasing contract has not been disclosed.<\/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>SCA to finish<\/strong><strong> maintenance work on El-Nasr Floating Bridge next week: <\/strong>The Suez Canal Authority (SCA) is set to finish maintenance work on the El-Nasr Floating Bridge south of Port Said. The 421-meter-long, 15-meter-wide bridge has a daily crossing capacity of 20k vehicles with a total load of 20 tons and 1.2k trucks with a load of 70 tons daily. (<a target=\"_blank\" href=\"https:\/\/almalnews.com\/%d8%a7%d9%86%d8%aa%d9%87%d8%a7%d8%a1-%d8%a3%d8%b9%d9%85%d8%a7%d9%84-%d8%b5%d9%8a%d8%a7%d9%86%d8%a9-%d9%83%d9%88%d8%a8%d8%b1%d9%8a-%d8%a7%d9%84%d9%86%d8%b5%d8%b1-%d8%a7%d9%84%d8%b9%d8%a7%d8%a6%d9%85\/\" style=\"\" rel=\"noopener\">Al Mal<\/a>)<\/li>\n<li><strong>Qatar Airways boosts Amsterdam routes:<\/strong> Qatar Airways has added four weekly flights, bringing the total to 14, between Doha\u2019s Hamad International Airport and Amsterdam Schiphol Airport from 12 November 2024 to 29 March 2025. (<a target=\"_blank\" href=\"https:\/\/theazb.com\/qatar-airways-launches-four-additional-flights-from-amsterdam-to-facilitate-winter-season-demand\/\" style=\"\" rel=\"noopener\">AZB<\/a>)<\/li>\n<li><strong>Eti<\/strong><strong>had Air to increase Sydney flights in summer 2025: <\/strong>Emirati flag carrier Etihad Airways is planning to double flights from Abu Dhabi to Sydney. The airline is also introducing a new flight between Abu Dhabi and Denpasar in Bali. The flight increase is scheduled for July 2025. (<a target=\"_blank\" href=\"https:\/\/www.aerotime.aero\/articles\/etihad-summer-2025-sydney-ipo\" style=\"\" rel=\"noopener\">Aerotime<\/a>)<\/li>\n<li><strong>Air Astana <\/strong><strong>expanding in the UAE:<\/strong> Kazakhstani flag carrier Air Astana will be launching new services from the Kazakh capital Astana to Abu Dhabi on 30 October and from the country\u2019s western region Almaty to Abu Dhabi on 12 December 2024. (<a target=\"_blank\" href=\"https:\/\/www.timesaerospace.aero\/news\/route-planning-and-tourism\/air-astana-expands-in-the-middle-east\" style=\"\" rel=\"noopener\">Times Aerospace<\/a>)<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aramex\/\">Aramex<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/data-centers\/\">DATA CENTERS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/ports\/\">PORTS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/shipping-maritime\/\">SHIPPING + MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trucking\/\">trucking<\/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=\"81071\" 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=\"81071\">\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\">Around the World<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/09\/17\/china-seems-to-be-making-some-headway-in-trade-stand-off-with-the-eu\/\">\r\n                            China seems to be making some headway in trade stand-off with the EU                        <\/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\/17\/china-seems-to-be-making-some-headway-in-trade-stand-off-with-the-eu\/\" 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\/17\/china-seems-to-be-making-some-headway-in-trade-stand-off-with-the-eu\/')\">\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\/17\/china-seems-to-be-making-some-headway-in-trade-stand-off-with-the-eu\/\">\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=China seems to be making some headway in trade stand-off with the EU&url=https:\/\/enterpriseam.com\/logistics\/2024\/09\/17\/china-seems-to-be-making-some-headway-in-trade-stand-off-with-the-eu\/\">\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\/17\/china-seems-to-be-making-some-headway-in-trade-stand-off-with-the-eu\/&title=China seems to be making some headway in trade stand-off with the EU\">\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=China+seems+to+be+making+some+headway+in+trade+stand-off+with+the+EU+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F09%2F17%2Fchina-seems-to-be-making-some-headway-in-trade-stand-off-with-the-eu%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\/17\/china-seems-to-be-making-some-headway-in-trade-stand-off-with-the-eu\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/727.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81072\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/09\/17\/china-seems-to-be-making-some-headway-in-trade-stand-off-with-the-eu\/727-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/727.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"727.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/727.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/727.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81071\" class=\"content-area-description single-story post-81071 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-china tag-eu tag-ev 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\/.6c159ca7-2dc9-4587-8fac-00440c6d0baf.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> <\/strong><strong>China\u2019s pressure tactics on EU tariffs appear to be paying off<\/strong><strong>: <\/strong>As a vote on EU tariffs for Chinese-made electric vehicles approaches, Beijing has adopted a carrot-and-stick strategy with the 27-member bloc, threatening trade retaliation while simultaneously enticing key EU countries into individual discussions on agreements and investments, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/chinas-carrot-and-stick-tactics-eu-nations-start-pay-off-2024-09-13\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. Spain, traditionally a key advocate for the EU\u2019s proposed tariffs on China-made EVs, has now urged the bloc to reconsider its position following a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/3be87d9e-3dd4-402a-9563-b9eac6040c68\/\" style=\"\" rel=\"noopener\">visit to China<\/a> by Spanish Prime Minister Pedro Sanchez last week. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">The game plan:<\/strong><span style=\"background-color: transparent;\"> China has made trade retaliation threats against EU countries supporting tariffs on China-made EVs \u2014 namely Spain, France, and Italy \u2014 while EU countries holding back on pushing the tariffs \u2014 Germany, Finland, and Sweden \u2014 are not being targeted by trade retaliation. The latter will see less of an impact by China\u2019s <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/3be87d9e-3dd4-402a-9563-b9eac6040c68\/\" rel=\"noopener\">retaliatory anti-dumping investigation<\/a><span style=\"background-color: transparent;\"> into European pork, dairy, and brandy exports.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Hitting them where it hurts:<\/strong> EU pork, dairy, and brandy exports to China amounted to some USD 10 bn in 2023, making China one of their \u201ctop export markets,\u201d Beijing-based economist Mei Xinyu told the newswire.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Italy\u2019s sending mixed signals:<\/strong> Although Italy has announced that it supports \u201cthe duties that the EU commission proposes,\u201d Industry Minister Adolfo Urso has said that he expects a negotiated solution, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/autos-transportation\/italy-backs-eus-chinese-tariffs-foreign-minister-says-2024-09-16\/\" style=\"\" rel=\"noopener\">Reuters<\/a> writes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Moving forward:<\/strong> China\u2019s Commerce Minister Wang Wentao is set to meet EU Commission executive VP and trade commissioner Valdis Dombrovskis on Thursday to discuss the EU\u2019s anti-subsidy case against China. <\/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>Air Canada averts<\/strong><strong> strike: <\/strong>Canada\u2019s national carrier Air Canada has reached a last-minute new collective agreement over four-years with the Air Line Pilots Association (ALPA), averting a strike over pay and benefits. The terms of the agreement are confidential pending a final vote from the union\u2019s members next month. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sustainability\/boards-policy-regulation\/air-canada-reaches-agreement-with-pilots-union-averting-strike-2024-09-15\/\" style=\"\" rel=\"noopener\">Reuters<\/a>)<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/around-the-world\/\">AROUND THE WORLD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/eu\/\">EU<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/ev\/\">EV<\/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=\"81073\" 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\/17\/81073\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81073\" class=\"content-area-description single-story post-81073 post type-post status-publish format-standard hentry category-calendar wpautop entry\">\n\n\t\t\t<hr class=\"wp-block-separator has-text-color has-primary-color has-alpha-channel-opacity has-primary-background-color has-background is-style-wide\">\n\n\t\t<h2 class=\"wp-block-heading mt-0 has-primary-color has-text-color has-link-color has-normal-font-size\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\">\n\t\t\t<strong> Calendar<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700\">SEPTEMBER<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>18-19 September (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.saudimaritimecongress.com\/en\/home.html\" style=\"\">Saudi Maritime & Logistics Congress<\/a><\/span><span style=\"font-weight:400;\">, Dammam, 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<\/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>13-15 November (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.azernews.az\/business\/230842.html\" style=\"\">ITC North-South - New Horizons<\/a><\/span><span style=\"font-weight:400;\">, Astrakhan, Russia<\/span><\/p>\n<p style=\"padding:0;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\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Oman\u2019s Diba-Lima-Khasab road project secures financing + has more LNG exports lined up | Etihad Rail Freight inks haulage services agreement | Boeing strike continues.<\/p>\n","protected":false},"featured_media":81055,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-81054","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"7afeedef-1551-4e97-8c09-3a9d184d6483","teaser":"Oman\u2019s Diba-Lima-Khasab road project secures financing + has more LNG exports lined up | Etihad Rail Freight inks haulage services agreement | Boeing strike continues.","photo_url":"https:\/\/ent.news\/2024\/4\/1934.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>Opec Fund extends USD 392 mn loan for Oman\u2019s Diba-Lima-Khasab road project - 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\/opec-fund-extends-usd-392-mn-loan-for-omans-diba-lima-khasab-road-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Opec Fund extends USD 392 mn loan for Oman\u2019s Diba-Lima-Khasab road project\" \/>\n<meta property=\"og:description\" content=\"Oman\u2019s Diba-Lima-Khasab road project secures financing + has more LNG exports lined up | Etihad Rail Freight inks haulage services agreement | Boeing strike continues.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/logistics\/issues\/opec-fund-extends-usd-392-mn-loan-for-omans-diba-lima-khasab-road-project\/\" \/>\n<meta property=\"og:site_name\" content=\"Logistics\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-15T15:18:09+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1934.jpg?fit=%2C&ssl=1\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/issues\/opec-fund-extends-usd-392-mn-loan-for-omans-diba-lima-khasab-road-project\/\",\"url\":\"https:\/\/enterpriseam.com\/logistics\/issues\/opec-fund-extends-usd-392-mn-loan-for-omans-diba-lima-khasab-road-project\/\",\"name\":\"Opec Fund extends USD 392 mn loan for Oman\u2019s Diba-Lima-Khasab road project - Logistics\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/issues\/opec-fund-extends-usd-392-mn-loan-for-omans-diba-lima-khasab-road-project\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/issues\/opec-fund-extends-usd-392-mn-loan-for-omans-diba-lima-khasab-road-project\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1934.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-09-17T00:00:00+00:00\",\"dateModified\":\"2025-12-15T15:18:09+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/issues\/opec-fund-extends-usd-392-mn-loan-for-omans-diba-lima-khasab-road-project\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/logistics\/issues\/opec-fund-extends-usd-392-mn-loan-for-omans-diba-lima-khasab-road-project\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/issues\/opec-fund-extends-usd-392-mn-loan-for-omans-diba-lima-khasab-road-project\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1934.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1934.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/issues\/opec-fund-extends-usd-392-mn-loan-for-omans-diba-lima-khasab-road-project\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/logistics\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Issues\",\"item\":\"https:\/\/enterpriseam.com\/logistics\/AMarchives\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Opec Fund extends USD 392 mn loan for Oman\u2019s Diba-Lima-Khasab road project\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#website\",\"url\":\"https:\/\/enterpriseam.com\/logistics\/\",\"name\":\"Logistics\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/logistics\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#organization\",\"name\":\"Logistics\",\"url\":\"https:\/\/enterpriseam.com\/logistics\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/29618.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/29618.svg\",\"caption\":\"Logistics\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Opec Fund extends USD 392 mn loan for Oman\u2019s Diba-Lima-Khasab road project - Logistics","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/logistics\/issues\/opec-fund-extends-usd-392-mn-loan-for-omans-diba-lima-khasab-road-project\/","og_locale":"en_US","og_type":"article","og_title":"Opec Fund extends USD 392 mn loan for Oman\u2019s Diba-Lima-Khasab road project","og_description":"Oman\u2019s Diba-Lima-Khasab road project secures financing + has more LNG exports lined up | Etihad Rail Freight inks haulage services agreement | Boeing strike continues.","og_url":"https:\/\/enterpriseam.com\/logistics\/issues\/opec-fund-extends-usd-392-mn-loan-for-omans-diba-lima-khasab-road-project\/","og_site_name":"Logistics","article_modified_time":"2025-12-15T15:18:09+00:00","twitter_card":"summary_large_image","twitter_image":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1934.jpg?fit=%2C&ssl=1","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/logistics\/issues\/opec-fund-extends-usd-392-mn-loan-for-omans-diba-lima-khasab-road-project\/","url":"https:\/\/enterpriseam.com\/logistics\/issues\/opec-fund-extends-usd-392-mn-loan-for-omans-diba-lima-khasab-road-project\/","name":"Opec Fund extends USD 392 mn loan for Oman\u2019s Diba-Lima-Khasab road project - Logistics","isPartOf":{"@id":"https:\/\/enterpriseam.com\/logistics\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/logistics\/issues\/opec-fund-extends-usd-392-mn-loan-for-omans-diba-lima-khasab-road-project\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/logistics\/issues\/opec-fund-extends-usd-392-mn-loan-for-omans-diba-lima-khasab-road-project\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1934.jpg?fit=%2C&ssl=1","datePublished":"2024-09-17T00:00:00+00:00","dateModified":"2025-12-15T15:18:09+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/logistics\/issues\/opec-fund-extends-usd-392-mn-loan-for-omans-diba-lima-khasab-road-project\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/logistics\/issues\/opec-fund-extends-usd-392-mn-loan-for-omans-diba-lima-khasab-road-project\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/logistics\/issues\/opec-fund-extends-usd-392-mn-loan-for-omans-diba-lima-khasab-road-project\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1934.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1934.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/logistics\/issues\/opec-fund-extends-usd-392-mn-loan-for-omans-diba-lima-khasab-road-project\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/logistics\/"},{"@type":"ListItem","position":2,"name":"Issues","item":"https:\/\/enterpriseam.com\/logistics\/AMarchives\/"},{"@type":"ListItem","position":3,"name":"Opec Fund extends USD 392 mn loan for Oman\u2019s Diba-Lima-Khasab road project"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/logistics\/#website","url":"https:\/\/enterpriseam.com\/logistics\/","name":"Logistics","description":"","publisher":{"@id":"https:\/\/enterpriseam.com\/logistics\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/logistics\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/logistics\/#organization","name":"Logistics","url":"https:\/\/enterpriseam.com\/logistics\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/logistics\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/29618.svg","contentUrl":"https:\/\/ent.news\/internal\/29618.svg","caption":"Logistics"},"image":{"@id":"https:\/\/enterpriseam.com\/logistics\/#\/schema\/logo\/image\/"}}]}},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/issue\/81054","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/issue"}],"about":[{"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/types\/issue"}],"version-history":[{"count":1,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/issue\/81054\/revisions"}],"predecessor-version":[{"id":81091,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/issue\/81054\/revisions\/81091"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/media\/81055"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/media?parent=81054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/categories?post=81054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/tags?post=81054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}