{"id":81465,"date":"2024-10-07T00:00:00","date_gmt":"2024-10-07T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=81465"},"modified":"2025-12-15T15:24:41","modified_gmt":"2025-12-15T15:24:41","slug":"uae-ksa-and-egypt-non-oil-private-sector-activity-tells-a-mixed-tale-in-september","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/uae-ksa-and-egypt-non-oil-private-sector-activity-tells-a-mixed-tale-in-september\/","title":{"rendered":"UAE, KSA, and Egypt non-oil private sector activity tells a mixed tale in September"},"content":{"rendered":"<section id=\"81467\" 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=\"81467\">\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\/10\/07\/today-pmi-reports-are-in-for-uae-ksa-and-egypt-lots-of-diplo-updates-from-the-uae\/\">\r\n                            TODAY: PMI reports are in for UAE, KSA, and Egypt + Lots of diplo updates from the UAE                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/07\/today-pmi-reports-are-in-for-uae-ksa-and-egypt-lots-of-diplo-updates-from-the-uae\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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But first, crisis averted on the US eastern seaboard\u2026<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> THE BIG STORY ABROAD-<\/strong> <strong>US port strikes suspended until further notice:<\/strong> US dockworkers agreed to end a three-day strike and returned to work on Friday as negotiators reached a tentative agreement until 15 January 2025. The agreement \u2014 between The International Longshoremen\u2019s Association and the US Maritime Alliance \u2014 would see a possible 62% wage hike over six years, increasing average wages to USD 63 an hour from the previous USD 39 an hour over the life of the contract. \u201cEffective immediately, all current job actions will cease and all work covered by the Master Contract will resume,\u201d union and port operators said in a statement. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Ports are back in business: <\/strong>Vessel activity in the Port of New York and New Jersey resumed on Friday, as well as ports in Georgia\u2019s Savannah and Brunswick. The Port of Virginia said it will take it 24 hours to restore operators and will offer weekend hours for cargo pickup and delivery. Dozens of ships carrying containers and auto could potentially arrive faster than they can be unloaded. As of Friday, over 30 container ships and car carriers were anchored off the coast of Texas, Georgia, South Carolina, Virginia, and New York.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Crisis averted, but impact lingers: <\/strong>Shares in several shipping firms dipped heavily across Europe and Asia on Friday after operators agreed to end the strike sooner than expected, with Maersk\u2019s shares dropping 8.6%, while Hapag-Lloyd eased 14%, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/shipping-stocks-slide-after-us-port-strike-ends-2024-10-04\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Friday. \u201cInvestors who hoped for a short-term rebound in freight charges, which are in a downward trend, are selling as the strike ends,\u201d Yang Ji-hwan told Reuters. Cargo blockage is likely to take over a month to clear, while port terminals will take a while to fully be operational again. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The story grabbed a lot of ink in the int\u2019l press over the weekend: <\/strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/us\/ship-queue-grows-us-ports-dockworker-strike-enters-third-day-2024-10-03\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/longshoremen-strike-ports-dockworkers-agreement-86fac07d1189e11ca4816b2cbf37affb\" style=\"\" rel=\"noopener\">AP<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-10-03\/us-dockworkers-agree-to-suspend-strike-until-jan-15?srnd=phx-economics-trade\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/business\/logistics\/port-operators-to-offer-62-raises-to-end-dockworkers-strike-a6032db5\" style=\"\" rel=\"noopener\">The Wall Street Journal<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2024\/10\/03\/business\/economy\/port-strike-suspended.html\" style=\"\" rel=\"noopener\">The New York Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.politico.com\/news\/2024\/10\/03\/port-strike-ends-defusing-a-political-time-bomb-00182455\" style=\"\" rel=\"noopener\">Politico<\/a> | <a target=\"_blank\" href=\"https:\/\/edition.cnn.com\/2024\/10\/03\/business\/port-strike-union-deal\/index.html\" style=\"\" rel=\"noopener\">CNN<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bbc.com\/news\/articles\/cn8jxnn76qwo\" style=\"\" rel=\"noopener\">BBC<\/a> <\/p>\n<p class=\"tag-border-left\">HAPPENING THIS WEEK-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Dubai International Chamber kicked off a <\/strong><strong><a target=\"_blank\" href=\"https:\/\/mediaoffice.ae\/en\/news\/2024\/october\/02-10\/dubai-international-chamber-completes\" style=\"\" rel=\"noopener\">trade mission to Serbia and Turkey<\/a><\/strong> yesterday that runs until 11 October, aiming to help UAE businesses identify and capitalize on potential investments in Serbia and Turkey. The program includes bilateral business meetings designed to foster cooperation, expansion, and the establishment of new trade and investment agreements between companies from the two countries.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/events.economist.com\/global-trade-week\/?RefID=ad_google_gts2024\" style=\"\" rel=\"noopener\">Global Trade and Supply Chain Summit<\/a><\/strong><strong> will open its doors tomorrow and wrap <\/strong><strong>on Wednesday in Dubai<\/strong>. The event aims to address the evolving landscape of international trade and supply chains, focusing on overcoming challenges and leveraging solutions offered by new technologies.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.grtiec.com\/\" style=\"\" rel=\"noopener\">Global Rail Transport Infrastructure Exhibition and Conference<\/a><\/strong><strong> will kick off <\/strong><strong>tomorrow and wrap on Thursday in Abu Dhabi. <\/strong>The event gathers leaders and specialists from the rail and transport industries from the region and beyond to discuss smart mobility, greentech, and automation.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> <a id=\"wwtt1\"><\/a>#1- <\/strong><strong>Maersk expects charg<\/strong><strong>e on pollution by IMO in 2025: <\/strong>Shipping giant Maersk expects the UN\u2019s International Maritime Organization (IMO) to approve a charge on ships\u2019 greenhouse gas emissions in 2025, with implementations by 2027, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-10-04\/maersk-expects-ship-regulator-to-approve-global-co2-levy-in-2025\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported on Friday. Proposed new rules from the IMO may also involve a gradual decrease in the greenhouse gas intensity of the energy used by ships. Ultimately, these regulations could significantly cut carbon emissions and potentially require the industry to pay bns of USD if it continues to emit at current levels.<\/p>\n<p style=\"padding-top:12pt;margin:0;padding-left:0;padding-bottom:12pt;line-height:1.15;orphans:2;widows:2;text-align:left;padding-right:0\"><strong>The details: <\/strong>The IMO aims to finalize the new rules by next year, with plans for them to take effect in 2027. If a global mandatory pricing mechanism for greenhouse gas emissions is implemented, it would be the first of its kind, according to the World Bank. However, reaching a consensus among the more than 175 member states may be challenging.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt2\"><\/a>#3- <\/strong><strong>Egypt to <\/strong><strong>reportedly<\/strong><strong> import seven LNG shipments thi<\/strong><strong>s month:<\/strong> Egypt\u2019s Petroleum and Mineral Resources Ministry will reportedly import seven shipments of liquified natural gas (LNG) this October to meet the daily needs of the country\u2019s gas network, <a target=\"_blank\" href=\"https:\/\/www.alarabiya.net\/aswaq\/exclusive\/2024\/10\/03\/%D9%85%D8%B5%D8%B1-%D8%AA%D8%B9%D8%AA%D8%B2%D9%85-%D8%A7%D8%B3%D8%AA%D9%8A%D8%B1%D8%A7%D8%AF-7-%D8%B4%D8%AD%D9%86%D8%A7%D8%AA-%D8%BA%D8%A7%D8%B2-%D9%85%D8%B3%D8%A7%D9%84-%D8%AE%D9%84%D8%A7%D9%84-%D8%A3%D9%83%D8%AA%D9%88%D8%A8%D8%B1\" style=\"\" rel=\"noopener\">Al Arabiya<\/a> reported on Thursday, citing a government official familiar with the matter.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Details: <\/strong>Six of the shipments will reportedly be delivered to Ain Sokhna Port and offloaded onto a floating gasification vessel, while the seventh will arrive at Aqaba Port in Jordan where it will be gasified before being sent to Egypt, the source says. These <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/6a6ce846-5bb8-4638-ba08-f657afe1960e\/egypt-eu-investment-conference-round-%232\" style=\"\" rel=\"noopener\">upcoming shipments<\/a>, worth USD 880-910 mn, are part of a contract for <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/85713ebe-cd3a-46fd-966e-be8cd0ccfef2\/today:-adnoc-sells-off-40%2525-of-ruwais%253cmark%253e-lng%253c%2Fmark%253e-%2B-gulfnav-set-to-acquire-brooge-by-3q\" style=\"\" rel=\"noopener\">20 LNG<\/a> shipments set for delivery by 4Q 2024. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN OTHER EGYPT NEWS-<\/strong> <strong>Egypt gives greenlight for Roubiki-Tenth of Ramadan-Belbeis railway line<\/strong><strong>: <\/strong>The Egyptian cabinet has approved a draft presidential decree to establish a 63.5 km non-electric railway connecting Robeiky, Tenth of Ramadan, and Belbeis, according to a <a target=\"_blank\" href=\"https:\/\/cabinet.gov.eg\/Meeting\/Details\/11804\" style=\"\" rel=\"noopener\">statement<\/a> released on Wednesday. The project \u2014 in collaboration with the French Development Agency (AFD ) \u2014 aims to enhance freight transport efficiency, reduce road congestion, and strengthen local industry, the statement said. The railway is set to run on diesel and can expand to a double-track on the Roubiki-Tenth of Ramadan line if necessary. The Tenth of Ramadan-Belbeis line will have a double track from the jump.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We\u2019ve been waiting for this: <\/strong>Egypt\u2019s Railway Authority reportedly received offers back <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/b5db6360-f924-484a-ab1b-14baf499dee6\/egypt-reportedly-receives-bids-for-usd-285-mn%253cmark%253e-railway%253c%2Fmark%253e-renovation-project\" style=\"\" rel=\"noopener\">in September<\/a> from four international and local consortiums for a USD 285 mn Robeiky-Tenth of Ramadan-Belbeis freight and passenger railway revamp project. The project is set to link the 10th of Ramadan Dry Port to Egypt's main rail network and seaports, bypassing the Cairo railway junction, and is part of Egypt\u2019s budding initiative to plug investments into seven key logistics corridors over the next three years. The move looks to streamline movements between the nation\u2019s logistics channels by improving links between Egypt\u2019s dry ports and sea ports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- More freezones incoming:<\/strong> Egypt\u2019s General Authority for Investment and Freezones (GAFI) will set up four new freezones and have two others go live next year, GAFI boss Hossam Heiba told Asharq Business (<a target=\"_blank\" href=\"https:\/\/asharqbusiness.com\/economics\/55912\/%D9%85%D8%B5%D8%B1-%D8%AA%D8%B9%D8%AA%D8%B2%D9%85-%D8%A5%D8%B6%D8%A7%D9%81%D8%A9-6-%D9%85%D9%86%D8%A7%D8%B7%D9%82-%D8%AD%D8%B1%D8%A9-%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9\/\" style=\"\" rel=\"noopener\">watch, runtime: 6:28<\/a>).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> <a id=\"wwtt3\"><\/a>#4- <\/strong><strong>Ineco <\/strong><strong>to expand M<\/strong><strong>orocco\u2019s railway network: <\/strong>A consortium of engineering firms formed by Spain\u2019s Ineco and Morocco\u2019s CID is set to work on a feasibility study for the urban railway service connecting the Moroccan cities of Tangier and Tetouan, according to a <a target=\"_blank\" href=\"https:\/\/www.ineco.com\/ineco\/en\/communication\/news\/ineco-boosts-urban-railway-services-tetouan-and-tangier\" style=\"\" rel=\"noopener\">statement<\/a> released last week. The feasibility study will cover expanding the Tanger-Melloussa line, connecting the south of Tangier with football stadiums and Tangier airport, and establishing a rail connection between Tetouan and Cherrafat, <a target=\"_blank\" href=\"https:\/\/www.atalayar.com\/en\/articulo\/economy-and-business\/ineco-wins-its-largest-contract-in-morocco\/20241003090000205866.html\" style=\"\" rel=\"noopener\">Atalayar<\/a> reported last week. The project is part of Morocco\u2019s Railway Strategy 2040 \u2014 a comprehensive long-term plan for the development of the national railway network. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Ineco has footprints in Morocco: <\/strong>Morocco's National Airports Office commissioned <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/c98d8b6a-2b0b-41e1-ad24-8ca1de0d9ea7\/morocco-commissions%253cmark%253e-ineco%253c%2Fmark%253e-for-airport-improvement-plans-%2B-joramco-inks-two-new-maintenance-contracts\" style=\"\" rel=\"noopener\">Ineco back in March<\/a> to draw up plans for improvements at Mohamed V Casablanca International Airport. Ineco will also consider the airport\u2019s projected needs for road and rail connectivity and phased expansions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">DISRUPTION WATCH-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Flydubai and Etihad resume flights as Emirates and Air Ara<\/strong><strong>bia extend <\/strong><strong>suspensions amid regional unrest: <\/strong>Budget airline flydubai resumed flights from Dubai to Iran, Iraq, Israel, and Jordan today, <a target=\"_blank\" href=\"https:\/\/www.khaleejtimes.com\/uae\/dubai-airline-to-resume-flights-to-affected-countries-from-october-4-amid-regional-tensions\" style=\"\" rel=\"noopener\">Khaleej Times<\/a> reported on Thursday, citing a company spokesperson. Abu Dhabi-based Etihad Airways also resumed flights to Tel Aviv yesterday. The airline has suspended its flights to Beirut until 8 October, according to a <a target=\"_blank\" href=\"https:\/\/www.etihad.com\/en-eg\/manage\/flight-tracker#:~:text=Etihad%20Airways%20has%20cancelled%20its%20services%20to%20and%20from%20Beirut%20until%208%20October%20in%20response%20to%20ongoing%20regional%20developments.%C2%A0%C2%A0\" style=\"\" rel=\"noopener\">network update<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Emirates extends flight suspensions: <\/strong>Emirates extended its suspension of flights to Basra, Baghdad, Tehran, and Amman until 5 October, and will not operate flights to Beirut until 8 October, due to regional unrest, <a target=\"_blank\" href=\"https:\/\/gulfnews.com\/business\/aviation\/emirates-extends-flight-cancellations-to-iran-iraq-jordan-until-october-5-amid-escalating-middle-east-conflict-1.1727956615264\" style=\"\" rel=\"noopener\">Gulf News<\/a> reported on Thursday. Meanwhile, Air Arabia\u2019s flights between Sharjah and Beirut remain <a target=\"_blank\" href=\"https:\/\/www.khaleejtimes.com\/business\/aviation\/uae-lebanon-travel-air-arabia-suspends-flights-to-beirut-until-further-notice\" style=\"\" rel=\"noopener\">indefinitely suspended<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">MARKET WATCH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Oil dips after steepest hikes last week: <\/strong>Oil prices fell in early morning trading after recording their highest weekly gains in over a year last week amid rising tensions in the Middle East potentially disrupting exports, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/oil-pares-gains-after-strongest-weekly-rise-over-year-2024-10-07\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. Brent crude futures fell USD 0.31 to USD 77.74 a barrel by 04.35 GMT, while US West Texas Intermediate (WTI) futures lost USD 0.20 to trade at USD 74.18 a barrel. Brent price spiked over 8% last week \u2014 the biggest weekly gain since January 2023 \u2014 while the WTI contract gained 9.1% week-on-week, the biggest advance since March 2023.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>Aramco raised the price of its flagship Arab Light Crude to Asian buyers by USD 0.90 <\/strong>to a premium of USD 2.2 \/ bbl against the regional benchmark, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-10-05\/saudi-arabia-raises-asia-oil-price-as-volatility-grips-market\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported on Saturday. The move, which comes against a backdrop of rising geopolitical tensions, surprised traders and refiners who were expecting a less substantial USD 0.65 bump, according to a survey by the business news service. Meanwhile, the state owned oil giant slashed the price of all grades to the US and Europe.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN CONTEXT- <\/strong>The price hike follows Iran\u2019s missile strikes on Israel, which have shaken global oil markets. The ripple effects are being closely monitored, especially as OPEC+ delays output hikes until December. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong>Oil market gains relatively muted despite geopolitical turbulence:<\/strong> Substantial spare capacity \u2014 estimated at some 6 mn bbl \/ d \u2014 that can come online when needed, as well as recent history that shows that conflicts in the Ukraine and the Middle East have not led to significant supply disruptions so far, Daan Struyven, co-head of global commodities research told CNBC in an interview on Thursday (<a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/video\/2024\/10\/03\/global-oil-spare-capacity-offsetting-tightening-effects-from-geopolitical-disruptions-daan-struyven.html\" style=\"\" rel=\"noopener\">watch, runtime: 3:29<\/a>). At the same time, there is an uptick in activity in options markets as buyers look to hedge against future uncertainty. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- <\/strong><strong>Oil prices could fall \u201cmarginally\u201d in 2025 <\/strong>due to escalating geopolitical tensions in the region, First Abu Dhabi Bank chief economist Simon Ballard told CNBC on Thursday (<a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/video\/2024\/10\/03\/oil-prices-could-be-marginally-softer-next-year-economist-says.html?&qsearchterm=ABU%20DHABI\" style=\"\" rel=\"noopener\">watch, runtime, 2:05<\/a>). Ballard\u2019s remarks came in response to <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/opec-rebuts-wsj-article-saudi-saying-oil-prices-could-drop-50-2024-10-02\/#:~:text=Oct%202%20(Reuters)%20%2D%20OPEC,to%20agreed%2Dupon%20production%20limits.\" style=\"\" rel=\"noopener\">Opec+ dismissing<\/a> a Wall Street Journal report citing the Saudi energy minister as saying that oil prices will fall from the current USD 70 per barrel to USD 50 if the oil cartel\u2019s members fail to adhere to production cuts.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> Opec+  <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/b8c2b55f-4548-434b-b7d7-02a8bcf5a89f\/today:-it%25e2%2580%2599s-an-m&a-and-pmi-day\" style=\"\" rel=\"noopener\">kept its policy unchanged<\/a>  on its planned oil production target, including plans to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/862c1753-1984-40c7-b8d9-1a2597a77f19\/today:-a-big%253cmark%253e-day%253c%2Fmark%253e-for-egyptian-exports-%2B-sczone-set-to-launch-digital-operations\" style=\"\" rel=\"noopener\">phase out supply cuts by December<\/a>, putting it on course for a 180k barrels per day (bbl \/ d) hike by the end of the year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#5- <\/strong><strong>Baltic index takes a dip: <\/strong>The Baltic Exchange\u2019s dry bulk sea freight index \u2014 which tracks rates for the capesize, panamax, and supramax vessel segments \u2014 fell <a target=\"_blank\" href=\"https:\/\/tradingeconomics.com\/commodity\/baltic\" style=\"\" rel=\"noopener\">0.7% to 1,928 points<\/a> on Friday, registering their lowest since 18 September. The capesize index was down by 1.7% to 3,243 points, while the panamax index gained two points at 1,388 points. The smaller supramax dipped two points at 1,258. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#6- <\/strong><strong>The Drewry World Container Index fell by 5% to USD 3,489 per 40-ft container on <\/strong><strong>Thursda<\/strong><strong>y<\/strong>, according to the latest <a target=\"_blank\" href=\"https:\/\/www.drewry.co.uk\/supply-chain-advisors\/supply-chain-expertise\/world-container-index-assessed-by-drewry\" style=\"\" rel=\"noopener\">index readings<\/a>. Spot rates for 40-ft containers are now 66% below the previous pandemic peak of USD 10.4k in September 2021, but remains 146% above the pre-pandemic rate of USD 1.4k. The average composite index YTD is USD 4,097 per 40ft container, which is USD 1,269 higher than the 10-year average rate of USD 2,828.<\/p>\n<p class=\"tag-border-left\">DATA POINTS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Global a<\/strong><strong>ir cargo volumes record August gains: <\/strong>Global demand for air freight measured in cargo tonne-kilometers (CTK) rose 11.4% y-o-y in August, surpassing a peak registered in 2021, according to an International Air Transport Association (IATA) <a target=\"_blank\" href=\"https:\/\/www.iata.org\/en\/pressroom\/2024-releases\/2024-10-03-03\/\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. Capacity, which is measured in available cargo tonne-kilometers (ACTK), climbed by 6.2% y-o-y, attributable to expansions in international belly capacity.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Trade between GCC countries hit USD 2.2 tn in 2023<\/strong>, up from USD 1.5 tn in 2022, Saleh bin Hamad Al Sharqi, secretary general of the Federation of Chambers of the GCC, told CNBC Arabia <a target=\"_blank\" href=\"https:\/\/www.cnbcarabia.com\/128940\/2024\/06\/10\/%D8%A7%D9%84%D8%A3%D9%85%D9%8A%D9%86-%D8%A7%D9%84%D8%B9%D8%A7%D9%85-%D9%84%D8%A7%D8%AA%D8%AD%D8%A7%D8%AF-%D8%BA%D8%B1%D9%81-%D8%AF%D9%88%D9%84-%D9%85%D8%AC%D9%84%D8%B3-%D8%A7%D9%84%D8%AA%D8%B9%D8%A7%D9%88%D9%86-%D8%A7%D9%84%D8%AE%D9%84%D9%8A%D8%AC%D9%8A-%D9%84%D9%80-CNBC-%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9:-2.2-%D8%AA%D8%B1%D9%8A%D9%84%D9%8A%D9%88%D9%86-%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%82%D9%8A%D9%85%D8%A9-%D8%A7%D9%84%D8%AA%D8%AC%D8%A7%D8%B1%D8%A9-%D8%A8%D9%8A%D9%86-%D8%AF%D9%88%D9%84-%D8%A7%D9%84%D9%85%D8%AC%D9%84%D8%B3-%D9%81%D9%8A-2023\" style=\"\" rel=\"noopener\">(watch, runtime: 5:49)<\/a>. GCC intra-trade is poised for further growth in 2024 through partnerships and trade pacts, Al Sharqi added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong>UAE food trade grew by 20% y-o-y in 1H<\/strong>, with imports up 23% y-o-y and exports rising 19% y-o-y, <a target=\"_blank\" href=\"https:\/\/www.alkhaleej.ae\/2024-10-02\/84-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AF%D8%B1%D9%87%D9%85-%D8%AA%D8%AC%D8%A7%D8%B1%D8%A9-%D8%A7%D9%84%D8%A3%D8%BA%D8%B0%D9%8A%D8%A9-%D9%81%D9%8A-%D8%A7%D9%84%D8%A5%D9%85%D8%A7%D8%B1%D8%A7%D8%AA-2023-%D9%8820-%D9%86%D9%85%D9%88-%D8%A7%D9%84%D9%86%D8%B5%D9%81-%D8%A7%D9%84%D8%A3%D9%88%D9%84\/%D8%A3%D8%B3%D9%88%D8%A7%D9%82-%D8%A7%D9%84%D8%A5%D9%85%D8%A7%D8%B1%D8%A7%D8%AA\/%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF\" style=\"\" rel=\"noopener\">Al Khaleej<\/a> reports, citing data from the Economy Ministry. The country imported AED 84.4 bn (USD 23 bn) in food in 2023, while food exports reached AED 24.24 bn (USD 6.6 bn). <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The country aims to kick up the food sector's contribution to GDP to USD 10 bn by 2030<\/strong>, while slashing food imports from 90% to 50% by 2050, Economy Minister Abdullah bin Touq Al Marri said at the Future Food summit earlier this week, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/b5hbei0-minister-economy-opens-future-food-forum-2024\" style=\"\" rel=\"noopener\">Wam<\/a> reported. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- Qatar\u2019s <\/strong><strong>Mwani sees surge in port perfor<\/strong><strong>mance: <\/strong>Qatar Ports Management Company (Mwani) saw an increase in transhipment volumes by 30% y-o-y during the first nine months of 2024 (January to September), according to a <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/qatar-ports-management-company-mwani_aetaewaepaeuaeyabraeqaefaez-aetaeyaeuaepaejabraevaetaex-activity-7247153945259708416-WhGT?utm_source=share&utm_medium=member_desktop\" style=\"\" rel=\"noopener\">statement<\/a> released last week. Vessels carried 1.3 mn tons of general bulk and cargo, 1.1 mn TEUs were handled during the first nine months, and 522k transshipment containers went through Hamad Port. Ro-Ro units registered a 49% increase to 89.3k units, while heads of livestock grew by 25% to 431k and 206k tons of building materials were transported. The total number of vessels at Mwani ports exceeded 2k.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#5- <\/strong><strong>Morocco was the largest car exporter in Africa in 2023<\/strong>, importing 6.4 bn, <a target=\"_blank\" href=\"https:\/\/x.com\/AsharqBusiness\/status\/1842882504396566793\" style=\"\" rel=\"noopener\">Asharq<\/a><a target=\"_blank\" href=\"https:\/\/x.com\/AsharqBusiness\/status\/1842882504396566793\" style=\"\" rel=\"noopener\">Business<\/a> reported on Sunday. Tunisia held the sixth position at 13.6 mn, while Egypt stood at ninth position at 6 mn.<\/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, Transmar, and AK-Ships.<\/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>Bahrain will 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 will 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>Saudi Arabia will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/gaaf2024.com\/\" style=\"\" rel=\"noopener\">Global Airport & Aviation Forum<\/a><\/strong><strong> from Wednesday, 16 October to <\/strong><strong>Thursday, 17 Octobe<\/strong>r in Jeddah. The forum will bring together aviation leaders and experts to discuss future projects in the aviation industry, including new airport developments, capacity upgrades and expansions, new aircraft orders, and important airport services. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi Arabia will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/smartportstransformation.com\/\" style=\"\" rel=\"noopener\">Smart Ports & Logistics Transformation Summit<\/a><\/strong><strong> on <\/strong><strong>Monday, 21 October and Tuesday, 22 October<\/strong> in Riyadh. The two-day conference aims to discuss strategies, innovation, and technologies in line with Saudi Arabia\u2019s Vision 2030, which aims to position KSA as a logistics hub in the MENA region. <\/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:\/\/theires.org\/Conference\/18859\/ICTTL\/\" style=\"\" rel=\"noopener\">International Conference on Tourism, Transport, and<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/theires.org\/Conference\/18859\/ICTTL\/\" style=\"\" rel=\"noopener\">Logistics<\/a><\/strong><strong> on Saturday, 26 October and Sunday, 27 October<\/strong> in Dubai. The event will gather scientists, scholars, and engineers from around the world to discuss new ideas and research development projects in the industry. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Check out our full calendar<\/strong> at the bottom of this email for a comprehensive listing of upcoming news events and news triggers.<\/p>\n\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\/iran\/\">Iran<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" 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href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/07\/uae-ksa-and-egypt-non-oil-private-sector-activity-tells-a-mixed-tale-in-september\/\">\r\n                            UAE, KSA, and Egypt non-oil private sector activity tells a mixed tale in September                        <\/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\/10\/07\/uae-ksa-and-egypt-non-oil-private-sector-activity-tells-a-mixed-tale-in-september\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" 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                <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/207.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81471\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/07\/uae-ksa-and-egypt-non-oil-private-sector-activity-tells-a-mixed-tale-in-september\/207-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/207.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"207.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/207.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/207.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81470\" class=\"content-area-description single-story post-81470 post type-post status-publish format-standard has-post-thumbnail hentry category-purchasing tag-egypt tag-purchasing tag-saudi-arabia tag-supply-chains tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/10\/.f3953673-c482-43fb-8c44-1ed3d3cc0f31.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> <\/strong><strong>How non-oil private sectors in UAE + Saudi + Egypt performed in September: <\/strong>Purchasing manager indices (PMI) tracking non-energy sectors in the three countries told a mixed tale in September. The UAE and Saudi Arabia held above the 50.0 mark threshold, while Egypt saw a sharp decline in its headline PMI, driven by a surge in output charges, a decline in new orders, and an increase in inflation rates.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">REMEMBER-<\/strong><span style=\"background-color: transparent;\"> The all-important 50.0 mark is the threshold separating contraction from growth. Anything above 50 denotes expansion, while anything below indicates contraction.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>First up, UAE: <\/strong>Non-oil business activity grew at its slowest pace in three years in September, due to a dip in new orders and weak employment rates, as well as rising costs and capacity constraints, according to <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/10\/318.pdf\" style=\"\" rel=\"noopener\">S&amp;P Global\u2019s UAE Purchasing Managers\u2019 Index (pdf)<\/a>. The country\u2019s headline PMI slipped to 53.8 in September from <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/fa0a5706-61e5-4869-b7f6-90c37b2a6ead\" style=\"\" rel=\"noopener\">54.2 in August<\/a>, marking its second-lowest reading in three years, yet still remaining above the 50.0 threshold separating growth from contraction.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Slower gains in new orders and business activity contributed to the slowdown in growth,<\/strong> while exports continue to grow at its second-lowest pace in 18 months on the back of rising competition and \u201ccaution towards the business outlook. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Backlogs are continuing to pile up: <\/strong>A surge in backlogs \u2014 registering a four-month high in September \u2014 led to a climb in purchases, with firms using up their new purchases to meet existing commitments. Customs duties delaying input deliveries were also cited as a major contributor to slower supplier performance.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A hiring freeze? <\/strong>Firms saw a decline in employment rates on the back of a declining new order growth, signaling their weakest employment growth since December 2022. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Price pressures remained high: <\/strong>Input price inflation persisted, driven by higher shipping, fuel, and technology expenses. As a result, businesses raised their selling prices for the fifth consecutive month, and at the fastest rate since early 2018, as they continued to pass increased costs onto customers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A watchful stance: <\/strong>Business sentiment shifted to a more cautious outlook for the coming year, with expectations now \u201cat their lowest since early 2023,\u201d S&amp;P Senior Economist David Owen said. However, lighter cost pressures in September compared to the last few months \u201ccould be a sign that the inflationary trend will lessen,\u201d offering some relief to firms, Owen added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Over in Saudi Arabia: <\/strong>Non-oil business activity in the Kingdom continues to grow, driven by a sharp increase in output, new orders, new exports, employment, despite a slight decrease in purchasing growth, according to the <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/10\/379.pdf\" style=\"\" rel=\"noopener\">Riyad Bank Saudi Arabia PMI (pdf)<\/a>. The seasonally-adjusted headline figure climbed to 56.3 in September from <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/6d9b5219-011f-4fcc-b6f5-5a8ab9da8054\" style=\"\" rel=\"noopener\">54.8 in August<\/a>, remaining well above the 50.0 mark that separates growth from contraction. September marks the second consecutive month Saudi\u2019s PMI figure has risen. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>New orders + output driving growth: <\/strong>The uptick was mainly driven by a surge in new orders and output as businesses tapped stronger domestic demand and rolled out new projects across a number of sectors. New clients and marketing efforts also contributed to the boost in orders, with export orders also seeing marginal growth. \u201cRising output levels not only enhance the competitiveness of Saudi businesses but also drive forward developments aimed at expanding private sector participation in the economy,\u201d said Naif Al-Ghaith, Chief Economist at Riyad Bank.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Hiring was also up: <\/strong>Firms ramped up hiring efforts to keep up with new orders and reduce workloads. Nevertheless, shortages in skilled workers and weather-related disruptions meant that backlogs grew marginally in September.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Firms\u2019 purchasing activity eased:<\/strong> A sharp uptick in inventories among non-oil firms led some firms to \u201creassess\u201d their purchasing, leading purchasing growth to hit a three-year low. Supplier delivery times improved at their slowest rate since August 2023. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The outlook is positive:<\/strong> Upward momentum in the non-oil private sector signals wider business confidence, \u201cshowing a healthy environment to increase investment, job creation, and overall economic stability,\u201d Al-Ghaith adds. Besides hedging against a fall in oil markets, greater output in the non-oil private economy also provides a basis underpinning long-term growth, Riyadh Bank\u2019s chief economist adds.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Meanwhile, in Egypt: <\/strong>Non-oil activity in Egypt declined markedly driven by rising price pressures and a surge in inflation rates, with output and new orders witnessing a sharp decline, while employment rates and purchasing activity maintaining an upward tick, according to <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/10\/396.pdf\" style=\"\" rel=\"noopener\">S&amp;P Global\u2019s Egypt PMI (pdf)<\/a>. Egypt\u2019s headline purchasing manager\u2019s index dipped to 48.8 in September, down from <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/6d9b5219-011f-4fcc-b6f5-5a8ab9da8054\" style=\"\" rel=\"noopener\">50.4 in August<\/a>, reaching its lowest point since April and indicating a fall in business conditions across the non-oil private sector. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Cost inflation accelerated to a six-month high resulting in high output prices in 3Q 2024. <\/strong>Input prices climbed to their sharpest pace since March, with some firms reporting increased raw material costs and weak currency rates, resulting in a rise in selling prices, although at a slightly slower pace than in August. New orders scaled back due to dampened demand from domestic markets, driving slow business activity.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The impact of rising output charges:<\/strong> \u201cA further solid increase in output charges suggests that price-related sales reductions may continue, despite evidence that firms are trying to limit the impact on customers,\u201d Owen said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Firms are maintaining their August upward trajectory<\/strong>, indicated by an increase in purchasing activity and stock levels. Employment rates also rose for the third month running. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Sentiment remains somewhat optimistic in the UAE + Egypt: <\/strong>Despite the UAE\u2019s more cautious outlook for the coming year, the country hopes lighter cost pressure in September could ease the inflationary trend. Over in Egypt, expansions across firms indicate a possible bounce back from the dip in September across the non-oil sector in 4Q 2024.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>KSA remains confident:<\/strong> Saudi Arabia remains confident about growth across the non-oil private sector and in the face of challenges of a fluctuating oil market. \u201cBy expanding output across key non-oil industries, Saudi Arabia is better positioned to navigate the challenges of oil market fluctuations, ensuring a more sustainable and diversified economic future,\u201d Al-Ghaith added. <\/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\/purchasing\/\">PURCHASING<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/supply-chains\/\">supply chains<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"81472 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=\"81472\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/07\/81472\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81472\" class=\"content-area-description single-story post-81472 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=\"81473\" 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=\"81473\">\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\">Diplomacy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/07\/uae-inks-trade-agreements-with-serbia-and-jordan\/\">\r\n                            UAE inks trade agreements with Serbia and Jordan                        <\/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\/10\/07\/uae-inks-trade-agreements-with-serbia-and-jordan\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The agreement is set to reduce restrictions and non-tariff measures on goods and services, and is poised to \u201caccelerate growth in priority sectors and strengthen supply chains,\u201d according to Wam. The agreement was finalized during president Sheikh Mohamed bin Zayed Al Nahyan\u2019s official visit to Jordan.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The targets:<\/strong> The agreement aims to double trade between the countries to USD 8 bn over the next five years, up from USD 4.2 bn in 2023. \u201cPromising\u201d areas of cooperation include tourism, hospitality, real estate, renewables, transport, logistics, manufacturing, pharma, and food security, Trade Minister Thani Al Zeyoudi told Wam (<a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/b5jp520-uae-ranks-5th-largest-global-trading-partner\" style=\"\" rel=\"noopener\">watch, runtime: 2:02<\/a>) on the sidelines of the visit. The agreement is expected to be ratified later this year, Al Zeyoudi added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background:<\/strong> The UAE is currently the biggest foreign investor in Jordan, with more than USD 4 bn invested in the country and mutual investments totaling USD 22.5 bn, spanning sectors like energy, infrastructure, transport, and finance. The UAE <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/d38dbc26-2adc-4aeb-a259-d7bc6eaa632a\/uae,%253cmark%253e-jordan%253c%2Fmark%253e-ink-usd-2.3-bn-railway-project\" style=\"\" rel=\"noopener\">signed agreements<\/a> to build a USD 2.3 bn railway in Jordan earlier in September, with plans to complete studies for the project by the end of next year. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>During the visit<\/strong>, Al Nahyan and Jordan\u2019s King Abdullah II bin Al Hussein emphasized the importance of the trade agreement as a \u201cnatural progression\u201d of the two countries\u2019 economic ties, noting that it will pave the way for further opportunities, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/b5jp4qk-uae-president-king-jordan-discuss-bilateral\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The two heads of state also discussed ongoing collaboration in the economy, investment, sustainable development, food security, renewable energy, and other key sectors. They also discussed the ongoing war in the region, stressing the need for a ceasefire.<\/p>\n<p class=\"tag-border-left\"> SERBIA- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE and Serbia signed a tr<\/strong><strong>ade and economic <\/strong><strong>partnership agreement to remove tariffs on up to 96% of customs tariff lines<\/strong> and facilitate investment in \u201chigh-growth sectors,\u201d including renewable energy, agriculture, infrastructure, and logistics, state news agency Wam reports <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/b5j3ozf-presidents-uae-and-serbia-witness-exchange\" style=\"\" rel=\"noopener\">here<\/a> and <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/b5j3p82-uae-serbia-cepa-expected-add-351-million-uaes-gdp\" style=\"\" rel=\"noopener\">here<\/a>. The trade agreement is the UAE\u2019s first with a non-WTO member country. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Private sector cooperation is another priority:<\/strong> The agreement will also see the countries work to protect intellectual property and support small and medium-sized enterprises, in a bid to ramp up private-sector collaboration between the UAE and Serbia.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>By the numbers: <\/strong>The agreement is expected to add USD 351 mn to the local economy by 2032, with non-oil bilateral trade forecast to rise to USD 500 mn over the next five years, up from USD 122.9 mn in 2023. The UAE accounts for 55% of Serbia\u2019s trade with Gulf nations \u2014 marking it the country\u2019s largest GCC trading partner \u2014 and is the third-largest market for Serbian exports in the Middle East.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More UAE-Serbia collaboration to come? <\/strong>President Sheikh Mohamed bin Zayed Al Nahyan explored further cooperation with his Serbian counterpart Aleksandar Vu\u010di\u0107 on Saturday, focusing on investment, economy, trade, technology, food security, and renewable energy, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/b5j3owj-uae-and-serbian-presidents-discuss-strengthening\" style=\"\" rel=\"noopener\">Wam<\/a> reported separately. The leaders also addressed \u201cseveral regional and international issues of mutual interest,\u201d the statement reads.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- The agreements come as part of the country\u2019s broader plan to double foreign trade to AED 4 tn by 2031.<\/strong> The UAE finalized similar agreements with <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/4077ec2e-b7e8-4f25-b4e1-3052f483ff8c\/trade-agreement-locked-in-with-new-zealand-%2B-more-from-the-president%25e2%2580%2599s-trip-to-the-us\" style=\"\" rel=\"noopener\">New Zealand<\/a> and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/ef82bf99-c20c-4c5f-adaa-480f55c6c4c6\/uae,%253cmark%253e-australia%253c%2Fmark%253e-finalize-trade-agreement\" style=\"\" rel=\"noopener\">Australia<\/a> last month.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN OTHER DIPLO NEWS-<\/strong><\/p>\n<ul>\n<li><strong>Emirati trade mission to Malta next year?<\/strong> The Federation of UAE Chambers of Commerce and the Malta Chamber of Commerce are considering forming a joint business council and sending a UAE trade mission to Malta in 2025. (<a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/b5jp4ql-uae-trade-mission-visit-malta-2025-explore\" style=\"\" rel=\"noopener\">Wam<\/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\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/jordan\/\">Jordan<\/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=\"81475 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=\"81475\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/07\/81475\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81475\" class=\"content-area-description single-story post-81475 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=\"81476\" 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=\"81476\">\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\">Also on Our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/07\/investment-maritime-zones-and-aviation-updates-from-egypt-ksa-uae-and-qatar\/\">\r\n                            Investment, maritime, zones, and aviation updates from Egypt, KSA, UAE, and Qatar                        <\/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\/10\/07\/investment-maritime-zones-and-aviation-updates-from-egypt-ksa-uae-and-qatar\/\" 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\/10\/07\/investment-maritime-zones-and-aviation-updates-from-egypt-ksa-uae-and-qatar\/')\">\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\/10\/07\/investment-maritime-zones-and-aviation-updates-from-egypt-ksa-uae-and-qatar\/\">\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=Investment, maritime, zones, and aviation updates from Egypt, KSA, UAE, and Qatar&url=https:\/\/enterpriseam.com\/logistics\/2024\/10\/07\/investment-maritime-zones-and-aviation-updates-from-egypt-ksa-uae-and-qatar\/\">\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\/10\/07\/investment-maritime-zones-and-aviation-updates-from-egypt-ksa-uae-and-qatar\/&title=Investment, maritime, zones, and aviation updates from Egypt, KSA, UAE, and Qatar\">\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=Investment%2C+maritime%2C+zones%2C+and+aviation+updates+from+Egypt%2C+KSA%2C+UAE%2C+and+Qatar+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F10%2F07%2Finvestment-maritime-zones-and-aviation-updates-from-egypt-ksa-uae-and-qatar%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\/10\/07\/investment-maritime-zones-and-aviation-updates-from-egypt-ksa-uae-and-qatar\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/482.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81477\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/07\/investment-maritime-zones-and-aviation-updates-from-egypt-ksa-uae-and-qatar\/482-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/482.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"482.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/482.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/482.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81476\" class=\"content-area-description single-story post-81476 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-aviation tag-egypt tag-qatar tag-saudi-arabia tag-shipping-maritime tag-uae tag-zones 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\/10\/.be68a236-0613-4238-9eb2-2bc38b619fe1.mp3\"><\/audio><\/figure>\n<p class=\"tag-border-left\">INVESTMENT WATCH-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> <\/strong><strong>Barry Callebaut to establish a first factory in Egypt: <\/strong>Switzerland\u2019s chocolate manufacturer Barry Callebaut will commit USD 30 mn to develop its first chocolate manufacturing factory in Egypt, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/GAFIEG\/posts\/pfbid0XUEqZJCuXyB8S5tQMTxcAmZH1YU5xqJU8Ef4xH3KQiaVLbtkqL7EwEEq3D4RTEdEl\" style=\"\" rel=\"noopener\">statement<\/a>. It is unclear where the factory will be located, and a timeline for the project was not disclosed.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">A sweet investment: <\/strong><span style=\"background-color: transparent;\">The investment aims to meet the high demand in the local market as well as position Egypt as a hub for exporting Barry Callebaut products across the Middle East and Africa. The Zurich-based firm <\/span><a target=\"_blank\" href=\"https:\/\/www.barry-callebaut.com\/en\/about-us\/media\/news-stories\/barry-callebaut-establish-production-footprint-morocco-through-partnership\" rel=\"noopener\">inked a partnership with Morocco\u2019s Attelli<\/a><span style=\"background-color: transparent;\"> back in 2022 to establish its first local production footprint in North Africa.<\/span><\/p>\n<p class=\"tag-border-left\">STORAGE + WAREHOUSES-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi launches tender for developing 13 customs warehouses: <\/strong>KSA\u2019s Zakat, Tax, and Customs Authority (Zatca) and the National Centre for Privatisation (NCP) launched a tender for building and operating warehouses across the Kingdom, according to <a target=\"_blank\" href=\"https:\/\/x.com\/NCPSaudi_en\/status\/1841843039880307129\" style=\"\" rel=\"noopener\">a post on X<\/a>. The project includes building 12 new warehouses, renovating an existing one, and supplying equipment for 38 points of entry nationwide under a 15-year contract. Interested companies have until 14 November 2024 to express their interest and submit a request for qualification <a target=\"_blank\" href=\"https:\/\/t.co\/OE4y4mtgLP\" style=\"\" rel=\"noopener\">here<\/a>.<\/p>\n<p class=\"tag-border-left\"> ZONES<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Rakez partners up with Tianjin FTZ<\/strong><strong>:<\/strong> The UAE\u2019s Ras Al Khaimah Economic Zone (Rakez) has signed an MoU with China\u2019s Tianjin Pilot Freetrade Zone (Tianjin FTZ) with Tianjin Port Freetrade Zone to facilitate cooperation between Rakez and China, according to a <a target=\"_blank\" href=\"https:\/\/rakez.com\/en\/media-centre\/news-detail\/articleid\/1531\/rakez-ties-up-chinas-tianjin-pilot-free-trade-zone-to-boost-cross-border-strategic-collaborations\" style=\"\" rel=\"noopener\">statement<\/a> released on Saturday.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This collaboration aims to facilitate trade<\/strong>, foreign direct investments, and industry development between the UAE and China, according to the statement. It aims to bolster cooperation in petrochemicals, renewable energy, shipping, logistics, marine economy, automotive trade, and industrial investment.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Rakez has been strengthening its ties with China for a while:<\/strong> Rakez signed off on an industrial park in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/6d3e8edd-a4c3-4cbf-b892-a6be30c59716\/china%25e2%2580%2599s-stwpa-all-set-for-industrial-park-in-uae%25e2%2580%2599s-ras-al-khaimah\" style=\"\" rel=\"noopener\">August<\/a> with China\u2019s Shandong Timber and Wood Products Association, setting up the Zhong A Shandong Industrial Park.<\/p>\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>Mawani has launched the FEM1 shipping service at Jeddah Islamic Port in collaboration<\/strong><strong> with C Star and United Global Logistics (UGL)<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/mawani.gov.sa\/article?news=031024\" style=\"\" rel=\"noopener\">press release<\/a>. The service has a 2.8k standard container capacity and links Jeddah to the ports Qingdao, Shanghai, Ningbo, and Nansha in China, Kelang in Malaysia, and Istanbul in Turkey. The expansion is the 21st new route to be added to the Kingdom\u2019s ports in 2024 according to a Mawani <a target=\"_blank\" href=\"https:\/\/x.com\/MawaniKSA\/status\/1841786555322511492\" style=\"\" rel=\"noopener\">post on X<\/a>, and comes in a bid to boost competitiveness and enhance connectivity at the port, while boosting national exports and imports.<\/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>Mwani + QFZ sign cooperati<\/strong><strong>on MoU: <\/strong>Mwani Qatar has inked an MoU with the Qatar Freezones Authority to allow commercial movements in Qatar\u2019s freezones at the lowest possible cost. (<a target=\"_blank\" href=\"https:\/\/www.mubasher.info\/news\/4349480\/-%D9%85%D9%88%D8%A7%D9%86%D9%8A-%D9%82%D8%B7%D8%B1-%D8%AA%D9%88%D9%82%D8%B9-%D9%85%D8%B0%D9%83%D8%B1%D8%A9-%D8%AA%D9%81%D8%A7%D9%87%D9%85-%D9%85%D8%B9-%D8%A7%D9%84%D9%85%D9%86%D8%A7%D8%B7%D9%82-%D8%A7%D9%84%D8%AD%D8%B1%D8%A9-\/\" style=\"\" rel=\"noopener\">Mubasher<\/a>)<\/li>\n<li><strong>Qatar Airways to launch flights <\/strong><strong>to Toronto:<\/strong> Qatar Airways will operate three weekly flights from Hamad International Airport in Doha to Toronto Pearson International Airport starting 11 December 2024. (<a target=\"_blank\" href=\"https:\/\/www.qatarairways.com\/press-releases\/en-WW\/241920-qatar-airways-expands-services-to-canada-with-launch-of-flights-to-toronto\" style=\"\" rel=\"noopener\">Statement<\/a>) <\/li>\n<li><strong>Emirates lands in Nigeri<\/strong><strong>a:<\/strong> Emirates has resumed daily flights from Dubai to Lagos, Nigeria. (<a target=\"_blank\" href=\"https:\/\/www.emirates.com\/media-centre\/emirates-makes-its-much-awaited-touchdown-to-lagos-nigeria\/\" style=\"\" rel=\"noopener\">Statement<\/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\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/qatar\/\">Qatar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/shipping-maritime\/\">SHIPPING + MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/zones\/\">ZONES<\/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=\"81478 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=\"81478\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/07\/81478\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81478\" class=\"content-area-description single-story post-81478 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:\/\/ak-ships.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/2104.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=\"81479\" 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=\"81479\">\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\">Around the World<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/07\/imo-shipping-levy-talks-reach-a-stalemate\/\">\r\n                            IMO shipping levy talks reach a stalemate                        <\/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\/10\/07\/imo-shipping-levy-talks-reach-a-stalemate\/\" 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\/10\/07\/imo-shipping-levy-talks-reach-a-stalemate\/')\">\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\/10\/07\/imo-shipping-levy-talks-reach-a-stalemate\/\">\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=IMO shipping levy talks reach a stalemate&url=https:\/\/enterpriseam.com\/logistics\/2024\/10\/07\/imo-shipping-levy-talks-reach-a-stalemate\/\">\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\/10\/07\/imo-shipping-levy-talks-reach-a-stalemate\/&title=IMO shipping levy talks reach a stalemate\">\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=IMO+shipping+levy+talks+reach+a+stalemate+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F10%2F07%2Fimo-shipping-levy-talks-reach-a-stalemate%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\/10\/07\/imo-shipping-levy-talks-reach-a-stalemate\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/479.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81480\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/07\/imo-shipping-levy-talks-reach-a-stalemate\/479-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/479.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"479.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/479.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/479.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81479\" class=\"content-area-description single-story post-81479 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-shipping-maritime tag-trade wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/10\/.09cff083-fa1d-4820-a514-e62860a3531b.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>IMO talks on<\/strong><strong> shipping levy hit a dead end: <\/strong>Negotiations on how to implement a proposed levy on shipping emissions reached a stalemate last week when shipping executives and negotiators from various countries gathered in London to discuss the proposal, the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/407307b7-2056-41af-ac8f-27bc7b08bff0\" style=\"\" rel=\"noopener\">Financial Times<\/a> reported on Friday. A USD 100 levy on each tonne of shipping\u2019s carbon emissions has been pushed by many small island states threatened by sea level rises, with the funds intended for distribution to the countries affected by climate change. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Waters are choppy:<\/strong><span style=\"background-color: transparent;\"> \u201cThere are no real discussions on the actual amount, because we are not even having agreement in the room how [the economic measure] could be constructed,\u201d Bimco\u2019s Lars Robert Pedersen told the FT as he left the meetings on Thursday. Negotiators are at loggerheads over how the proceeds of the economic measure should be divided, and some are pushing for a measure that would only charge ships with emissions above a certain threshold, while offering payouts as an incentive to those who pollute the least.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>But the small islands are pushing on:<\/strong> \u201cThere is so much politics that has come into what should be a technical conversation. The islands have become the adults in the room [and] need to break the chokehold [that the world\u2019s biggest countries hold on the IMO]. It is a suit boys club,\u201d Ambassador for the Marshall Islands Albon Ishoda said. The small island developing nations recently won backing from the EU, Canada, South Korea, and Japan, along with support from Africa for the proposal, the FT writes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Who is holding out? <\/strong>Major exporters including Brazil, China and South Africa have historically resisted such proposals in fear they would drive up the costs of commodity trade, the FT writes. Shipowners \u2014 who play a significant role in IMO negotiations \u2014 are divided on the issue. The Danish company AP M\u00f8ller-Maersk, which has begun investing in ships that could run on green methanol, is among those worried about losing their competitive edge if a cost is not imposed on fossil fuels.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>India + US to cooperate on critical minerals supply chains: <\/strong>India and the US signed an MoU on Friday to collaborate on enhancing the resilience of critical mineral supply chains essential for clean energy transition, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/india-us-cooperate-critical-battery-minerals-trade-minister-says-2024-10-03\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported. Priorities of the cooperation include \u201cidentifying equipment, services, policies and best practices to facilitate the mutually beneficial commercial development of U.S. and Indian critical minerals exploration, extraction, processing and refining, recycling and recovery,\u201d a US Commerce Department <a target=\"_blank\" href=\"https:\/\/www.commerce.gov\/news\/press-releases\/2024\/10\/secretary-raimondo-and-minister-goyal-convene-6th-us-india-commercial\" style=\"\" rel=\"noopener\">statement<\/a> read.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The US has been on a quest to edge out China\u2019s dominance in critical minerals supply chains: <\/strong>The US finalized a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/3ae3f3f6-f4ad-4e72-a1f3-c47229c3f0ce\/australia-%2B-us-to-finalize%253cmark%253e-critical%253c%2Fmark%253e%253cmark%253e-minerals%253c%2Fmark%253e-agreement-by-the-end-of-the-year\" style=\"\" rel=\"noopener\">critical minerals agreement<\/a> with Australia last month aimed at reducing reliance on China, which reportedly controls 70% of the global rare earth market.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Nikola sees a rise in h<\/strong><strong>ydrogen-powered truck deliveries: <\/strong>American electric truck manufacturer Nikola saw an increase in wholesale deliveries of hydrogen-powered electric trucks by 22% y-o-y in 3Q 2024, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/autos-transportation\/nikolas-hydrogen-powered-truck-deliveries-dealers-rise-22-q3-2024-10-02\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Wednesday, citing a <a target=\"_blank\" href=\"https:\/\/www.nikolamotor.com\/nikola-records-sales-of-88-hydrogen-powered-class-8-trucks-for-north-american-customers-in-q3-2024-200-total-sold-this-year\" style=\"\" rel=\"noopener\">statement<\/a>. The EV maker sold 88 of its Class 8 Nikola hydrogen fuel cell trucks wholesale during 3Q, adding up to a total of 200 trucks throughout the first three quarters of 2024. The truck sales fall within the company\u2019s guidance of between 80-100 fuel cell units per quarter.<\/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\/around-the-world\/\">AROUND THE WORLD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/shipping-maritime\/\">SHIPPING + MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"81481\" 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\/10\/07\/81481\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81481\" class=\"content-area-description single-story post-81481 post type-post status-publish format-standard hentry category-calendar wpautop entry\">\n\n\t\t\t<hr class=\"wp-block-separator has-text-color has-primary-color has-alpha-channel-opacity has-primary-background-color has-background is-style-wide\">\n\n\t\t<h2 class=\"wp-block-heading mt-0 has-primary-color has-text-color has-link-color has-normal-font-size\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\">\n\t\t\t<strong> Calendar<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span 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>UAE + KSA + Egypt private sector activity mixed in September | UAE inks trade agreements with Serbia and Jordan | IMO pollution tax could be approved as soon as next year, Maersk says<\/p>\n","protected":false},"featured_media":81466,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-81465","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"d5fec01c-d8e3-4993-b778-d72b235b75b7","teaser":"UAE + KSA + Egypt private sector activity mixed in September | UAE inks trade agreements with Serbia and Jordan | IMO pollution tax could be approved as soon as next year, Maersk says","photo_url":"https:\/\/ent.news\/2024\/1\/1189.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>UAE, KSA, and Egypt non-oil private sector activity tells a mixed tale in September - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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