{"id":81697,"date":"2024-10-16T00:00:00","date_gmt":"2024-10-16T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=81697"},"modified":"2025-12-15T15:28:27","modified_gmt":"2025-12-15T15:28:27","slug":"khazna-to-build-the-uaes-largest-data-center","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/khazna-to-build-the-uaes-largest-data-center\/","title":{"rendered":"Khazna to build the UAE\u2019s largest data center"},"content":{"rendered":"<section id=\"81699\" 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=\"81699\">\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\/16\/today-khazna-to-build-the-uaes-largest-data-center-dp-world-masdar-eye-investments-in-the-philippines\/\">\r\n                            TODAY: Khazna to build the UAE\u2019s largest data center + DP World,  Masdar eye investments in the Philippines                        <\/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\/16\/today-khazna-to-build-the-uaes-largest-data-center-dp-world-masdar-eye-investments-in-the-philippines\/\" 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, are we looking at a possible Chapter 11 as the ending for the Boeing saga?<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG LOGISTICS STORY- <\/strong><strong>Boeing <\/strong><strong>shores up finances: <\/strong>Boeing aims to raise USD 25 bn through stock and debt offerings and another USD 10 bn through credit from major lenders, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/aerospace-defense\/boeing-files-registration-statement-securities-stock-sale-up-25-bln-2024-10-15\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. The latest move comes as the company struggles to maintain its credit rating, which is currently a notch above junk, and ahead of USD 11.5 bn of the company\u2019s debt maturing through 1 February 2026<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Hopping from crisis to crisis:<\/strong> The company has suffered major losses for three consecutive quarters as it battles delays in deliveries, accidents and issues in parts manufacturing, and a costly ongoing <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/36d8252c-567f-41fa-b06b-b15b084a8727\/%253cmark%253eboeing%253c%2Fmark%253e-withdraws-offer-as-union-talks-hit-another-stalemate\" style=\"\" rel=\"noopener\">machinist strike<\/a> which has cost the firm <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/ff957ef4-d6cb-4892-9ac6-82bc4405ef94\/today:-ksa%25e2%2580%2599s-global-logistics-forum-wraps-%2B-uae%25e2%2580%2599s-edgnex-commits-usd-1-bn-for-thailand-data-centers\" style=\"\" rel=\"noopener\">USD 5 bn so far<\/a> as it enters its fifth week. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Some are not convinced:<\/strong> \"Unless the company is able to raise funds through a rights issue, I see an imminent investment downgrade with Chapter 11 looming on the horizon,\" Emirates Airlines President Tim Clark told the aviation industry publication Air Current earlier this week.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The story has grabbed a lot on ink in the int\u2019l press: <\/strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/aerospace-defense\/boeing-enters-10-billion-credit-agreement-with-banks-2024-10-15\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-10-15\/boeing-reaches-10-billion-credit-pact-to-shore-up-balance-sheet\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/bbfb84da-c247-4374-8a2f-d5bb9bbde868\" style=\"\" rel=\"noopener\">Financial Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2024\/10\/15\/business\/boeing-financing-strike.html\" style=\"\" rel=\"noopener\">The New York Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/business\/boeing-needing-cash-moves-to-sell-new-shares-fce4c116?mod=hp_lead_pos2\" style=\"\" rel=\"noopener\">The Wall Street Journal<\/a> <\/p>\n<p class=\"tag-border-left\">WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>#1- IFC finalizes Egypt\u2019s airport management transfer plan:<\/strong> The International Finance Corporation (IFC) has submitted its technical study and proposed timeline to the Egyptian government for handing over management of airports to the private sector, unnamed sources told <a target=\"_blank\" href=\"https:\/\/www.alarabiya.net\/aswaq\/exclusive\/2024\/10\/15\/%D9%85%D8%B5%D8%B1-%D8%AA%D8%AA%D8%B3%D9%84%D9%85-%D8%AE%D8%B7%D8%A9-%D9%88%D8%AC%D8%AF%D9%88%D9%84%D8%A7%D9%8B-%D8%B2%D9%85%D9%86%D9%8A%D8%A7%D9%8B-%D9%84%D8%B7%D8%B1%D8%AD-20-%D9%85%D8%B7%D8%A7%D8%B1%D8%A7%D9%8B-%D8%B9%D9%84%D9%89-%D8%A7%D9%84%D9%82%D8%B7%D8%A7%D8%B9-%D8%A7%D9%84%D8%AE%D8%A7%D8%B5\" style=\"\" rel=\"noopener\">Al Arabiya<\/a>. The plan reportedly involves offering the management and operation of 20 of the country\u2019s airports as part of the country\u2019s privatization push.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We\u2019ve been on the lookout for airport privatization news <\/strong>since Egyptian Prime Minister Madbouly <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d5e54f1d-dc98-4fe2-ac8a-af684b381301\/madbouly-promises-important-privatization-news-soon\" style=\"\" rel=\"noopener\">said earlier this week<\/a> that some \u201cimportant\u201d privatization news regarding airports and banks would be announced soon. The Madbouly government first revealed plans <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/39dc4a75-8ed5-46ed-a296-30a40cf2f166\" style=\"\" rel=\"noopener\">in<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/39dc4a75-8ed5-46ed-a296-30a40cf2f166\" style=\"\" rel=\"noopener\">November 2023<\/a> to invite private sector players \u2014 including foreign companies \u2014 to take over the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4e94bb97-4820-4349-bc3a-d65afa8cdcb1\/egypt-looks-towards-airport-expansion,-smart-policy,-and-the-private-sector-to-support-its-ambitious-aviation-goals\" style=\"\" rel=\"noopener\">management of airports<\/a> in the country.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO-<\/strong> <strong>SCZone gets ready to launch large-scale green hydrogen projects: <\/strong>Five large-scale green hydrogen projects will kick off construction within a year on five plots of land currently being prepared by the Suez Canal Economic Zone, the SCZone\u2019s executive director told <a target=\"_blank\" href=\"https:\/\/almalnews.com\/premium\/%d8%a7%d9%84%d9%85%d8%af%d9%8a%d8%b1-%d8%a7%d9%84%d8%aa%d9%86%d9%81%d9%8a%d8%b0%d9%89-%d9%84%d8%a7%d9%82%d8%aa%d8%b5%d8%a7%d8%af%d9%8a%d8%a9-%d9%82%d9%86%d8%a7%d8%a9-%d8%a7%d9%84%d8%b3%d9%88\/\" style=\"\" rel=\"noopener\">Al Mal<\/a>. The projects should be completed within four years, Saad added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The zone\u2019s first water desalination public-private partnership is also set to be launched<\/strong>, which will be used to help produce green hydrogen in the zone, Saad added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt1\"><\/a> #2- <\/strong><strong>Iran Air canceled all Europe-bound flights hours after the EU announced new <\/strong><strong>sanctions on Iran<\/strong>, with passengers receiving news of the cancellations via SMS, the airline's customers told <a target=\"_blank\" href=\"https:\/\/www.euronews.com\/2024\/10\/15\/iran-air-cancels-europe-flights-hours-after-new-batch-of-eu-sanctions\" style=\"\" rel=\"noopener\">Euronews<\/a>. The EU has included Iran Air, Mahan Air, and Saha Air in a list of new sanctions on Iranian entities and individuals over their alleged involvement in Iranian transfers of ballistic missiles to Russia, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/europe\/eu-imposes-sanctions-over-iranian-ballistic-missile-transfer-russia-2024-10-14\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background:<\/strong> The US has said that it has knowledge of Iran\u2019s participation in Russian arm trades, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/blinken-says-russia-received-missiles-iran-warns-threat-european-security-2024-09-10\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. The US has since imposed sanctions on Iranian and Iranian affiliated ships and companies it has identified to be involved in the weapons transfers.<\/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- The recent US sanctions on Iran are anticipated to restrict crude oil shipments to <\/strong><strong>China<\/strong>, as well as make these barrels less competitive due to a shortage of vessels and increased shipping costs in the short term, Chinese refinery and trade sources told <a target=\"_blank\" href=\"https:\/\/www.spglobal.com\/commodityinsights\/en\/market-insights\/latest-news\/oil\/101424-us-sanctions-on-iran-to-tighten-china-crude-flows-raise-shipping-costs\" style=\"\" rel=\"noopener\">S&P Global<\/a>. The impact of the sanctions may leave China\u2019s independent refiners, the largest customers of Iranian crude, to consider alternative supply options. Some 30 vessels carrying Iranian crude were discharged for China\u2019s independent refineries in September, six of which appeared on the US\u2019 latest sanction list.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background:<\/strong>The US imposed sanctions <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/7e89d397-ac81-42a9-a5cb-398f83a46c11\/today:-it%25e2%2580%2599s-a-blockbuster-day-for-logistics-forums-%2B-asyad-breaks-ground-on-muscat-airport-freezone\" style=\"\" rel=\"noopener\">last week<\/a> on any person operating in Iran\u2019s petroleum and petrochemical sectors following Iran\u2019s attack on Israel. <\/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>TCI Sanmar Chemical eyes new investment + sea dock in Egypt<\/strong><strong>:<\/strong> Indian industrial firm TCI Sanmar Chemical has announced plans to invest USD 300 mn to expand its production capacity in Egypt, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/permalink.php?story_fbid=pfbid02oQNxbsYr3F9LEYrEsjUpaiGuEFNeCaxkiwEBZSCPEPouNty8rCRPfHUvWSeCggiGl&id=61562245173260\" style=\"\" rel=\"noopener\">statement<\/a>. The company also intends to study establishing a new pier west of Port Said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">MARKET WATCH-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong>Oil prices rose in early morning trading <\/strong><strong>as uncertainty remains over whether regional <\/strong><strong>tensions will affect supply<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/oil-steadies-after-sharp-falls-middle-east-uncertainty-persists-2024-10-16\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports<strong>. <\/strong>Brent crude futures slid up USD 0.14 to trade at USD 74.39 per barrel by 02.50 GMT, while US West Texas Intermediate (WTI) futures rose USD 0.19 to trade at USD 70.77 per barrel. Oil prices plummeted over 4% to a near two-week low yesterday as fears eased regarding Israeli retaliation on Iran and due to weaker demand outlook.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Opec+ trimmed its forecast for China\u2019s crude oil demand growth forecast to 580k <\/strong><strong>barrels per day (bpd) in 2024<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/opec-trims-its-china-crude-demand-forecast-nowhere-near-enough-russell-2024-10-15\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. The estimate is down from the 650k bpd gain forecast in September, and is 180k bpd below the previous predicted rise of 760k bpd back in July. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Internationa<\/strong><strong>l Energy Agency (IEA) expects an expansion in global oil <\/strong><strong>demand to 1 mn bpd for next year<\/strong>, and demand to rise this year by 860k bpd, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/iea-cuts-2024-oil-demand-growth-view-sees-surplus-looming-2024-10-15\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. The IEA, which manages industrialized countries\u2019 emergency oil stocks, said public stocks were over 1.2 bn bpd and spare capacity in Opec+ is at historic highs. The IEA is ready to act should any major disruptions occur, but for now the market is faced with a sizable surplus in the new year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2<\/strong><strong>- Baltic index dips again:<\/strong> The Baltic Exchange\u2019s dry bulk sea freight index \u2014 which tracks rates for the capesize, panamax, and supramax vessel segments \u2014 dropped <a target=\"_blank\" href=\"https:\/\/tradingeconomics.com\/commodity\/baltic\" style=\"\" rel=\"noopener\">2.6% to 1,766 points<\/a> on Tuesday. The capesize index shed 105 points to 2,773 points, while the panamax index dropped 45 points to 1,364 points. The smaller supramax fell two points to 1,260 points.<\/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\">DATA POINT- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Suez Canal rev<\/strong><strong>enues down Red Sea tension continues:<\/strong> The Suez Canal Authority (SCA) has seen a 23.4% y-o-y drop in revenues to USD 7.2 bn during FY 2023-2024, <a target=\"_blank\" href=\"https:\/\/www.egypttoday.com\/Article\/3\/135359\/SCA-chairperson-Suez-Canal-revenues-fell-to-7-2B-in\" style=\"\" rel=\"noopener\">Egypt Today<\/a> reports, citing comments by SCA chairman Osama Rabie. Vessel transits also fell by 22.2% y-o-y to 20k ships passing through the canal, Rabie said at the Global Logistics Forum.<\/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>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>Saudi Arabia will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.saudiairportexhibition.com\/\" style=\"\" rel=\"noopener\">Saudi Airport Exhibition<\/a><\/strong><strong> on Monday, 11 November and Tuesday, 12 November<\/strong> in Riyadh. The two-day exhibition will bring together global industry leaders to discuss the latest technologies around the world in the aviation industry. It looks to encourage discussion between Saudi aviation leaders and the global supply chain industry.<\/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>The UAE will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.adipec.com\/maritime-logistics\/\" style=\"\" rel=\"noopener\">ADIPEC Maritime and Logistics Exhibition and Conference<\/a><\/strong><strong> on Monday, 11 November and Thursday, 14 November<\/strong> in Abu Dhabi. The event looks to explore ways to reduce emissions through innovative solutions. It will bring together industry leaders, regulators and decision makers in the global maritime and logistics sector. <\/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>Bahrain is set to host <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.bahraininternationalairshow.com\/\" style=\"\" rel=\"noopener\">The Bahrain International Airshow<\/a><\/strong><strong> on Wednesday, 13 November and Friday, 15 November<\/strong> at the Sakhir Airbase. The three-day event is bringing together over 180 participating companies from over 59 represented nations globally.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Check out our full calendar<\/strong> at the bottom of this email for a comprehensive listing of upcoming news events and news triggers.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/china\/\">China<\/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\" 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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=\"81702\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">Data Centers<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/16\/khazna-to-build-the-uaes-largest-data-center\/\">\r\n                            Khazna builds the UAE\u2019s largest data center                        <\/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\" 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  \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/16\/khazna-to-build-the-uaes-largest-data-center\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/237.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81703\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/16\/khazna-to-build-the-uaes-largest-data-center\/237-jpg-7\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/237.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"237.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/237.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/237.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81702\" class=\"content-area-description single-story post-81702 post type-post status-publish format-standard has-post-thumbnail hentry category-data-centers tag-data-centers tag-tech 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\/.178bff8e-4d8f-4356-81c7-a0e48fc05a42.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE\u2019s <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.khazna.ae\/\" style=\"\" rel=\"noopener\">Khazna Data Centers<\/a><\/strong><strong> will develop the UAE\u2019s largest data <\/strong><strong>center in Ajman with a capacity of 100 MW<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.khazna.ae\/news\/khazna-announces-the-uaes-first-ai-optimized-data-center-and-the-largest-in-its-portfolio-powering-the-nations-drive-toward-ai-leadership\/\" style=\"\" rel=\"noopener\">press release<\/a>. Set for completion in 3Q 2025, the new facility is (surprise) designed for AI applications. Khazna is the largest player in the industry by market share, operating centers with a combined capacity of 360 MW right now. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The rationale:<\/strong> The company is expecting data center capacity in the UAE to double to 850 MW by 2029, so it aims to take advantage of the growing demand, CEO Hassan Al Naqbi told <a target=\"_blank\" href=\"https:\/\/www.thenationalnews.com\/future\/technology\/2024\/10\/15\/abu-dhabis-khazna-unveils-uaes-largest-data-centre-as-it-expects-850mw-capacity-by-2029\/\" style=\"\" rel=\"noopener\">The National<\/a>. Demand is being driven by both domestic use of cloud services and growing international investment in tech here. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">The company is also eyeing two additional 30 MW data centers<\/strong><span style=\"background-color: transparent;\">, Al Naqbi said, suggesting announcements on that front will come within a matter of weeks.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Total investment cost? <\/strong>The average cost of construction of a data center clocks in at USD 8-12 mn per MW, Al Naqbi says, suggesting a total investment plan of about USD 720 mn by our math. Khazna currently has 24 live data centers in the UAE and eight under construction, amounting to a 74% market share, he added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> The Dubai-based firm recently partnered with US cloud service provider Hewlett Packard Enterprise to build the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/6147b0da-5875-4f48-b591-94fd0e1daee7\/first-district-liquid-cooled-data-center-in-the-uae\" style=\"\" rel=\"noopener\">UAE\u2019s first direct-liquid cooled data center<\/a>, capable of handling AI tech and high-performance computing. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Khazna plans to expand further into the Middle East and Asia.<\/strong> It is closing in on the location for a USD 250 mn data center in Egypt (set for completion in 2026) and is in advanced stages of construction in Saudi Arabia. Turkey and Southeast Asia are also on its radar.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/data-centers\/\">DATA CENTERS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/tech\/\">tech<\/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=\"81704\" 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=\"81704\">\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\">Investment Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/16\/dp-world-and-masdar-eye-investments-in-the-philippines\/\">\r\n                            DP World and Masdar eye investments in the Philippines                        <\/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 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class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1934.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81705\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/16\/dp-world-and-masdar-eye-investments-in-the-philippines\/1934-jpg-7\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1934.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1934.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1934.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1934.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81704\" class=\"content-area-description single-story post-81704 post type-post status-publish format-standard has-post-thumbnail hentry category-investment-watch tag-dp-world tag-investment-watch tag-masdar 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\/.086aa234-3e1c-44d5-b6e5-e81240991064.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Masdar and DP World are eyeing infrastructure and energy projects in the <\/strong><strong>Philippines<\/strong>, that country\u2019s Trade and Industry Department said in a <a target=\"_blank\" href=\"https:\/\/www.dti.gov.ph\/news\/dti-woos-uae-based-masdar-bolster-renewable-energy-investments\/\" style=\"\" rel=\"noopener\">statement<\/a> yesterday. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DP World is reportedly looking to invest as much as AED 1.6 bn <\/strong>in ports across the Philippines (the Philippines\u2019 acting trade secretary suggested a number of ports <a target=\"_blank\" href=\"https:\/\/www.manilatimes.net\/2024\/10\/16\/business\/top-business\/uaes-dp-world-to-invest-p25b-in-ph-ports-says-dti\/1985085\" style=\"\" rel=\"noopener\">could be up for grabs soon<\/a>), while Masdar is interested in solar, wind, and geothermal power generation. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">The situation has been brewing: <\/strong><span style=\"background-color: transparent;\">DP World has been eyeing potential investments for a logistics hub and an industrial park in the Philippines since <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/596dd22e-3682-4f95-9916-50a435d27117\/today:-aldar-forms-a-jv-with-dubai-in-its-uae-logistics-portfolio-expansion\" rel=\"noopener\">earlier this year<\/a><span style=\"background-color: transparent;\"> in February. The collaboration between DP World and the country\u2019s DTI means to develop the logistics sector in the Philippines, including industrial parks, economic zones, and digital solutions.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DP has already laid footprints: <\/strong>DP World has been expanding in the Philippines. The Dubai-based port operator and Philippines-based port operator Asian Terminals Inc. (ATI) launched in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/9c626576-9e58-4363-9a5d-fd9ed5f55de9\/dp-world-%2B-ati-kick-off-new-tanza-barge-terminal-in-the%253cmark%253e-philippines%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">April<\/a> the new Tanza Barge Terminal in the Philippines\u2019 Cavite.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/dp-world\/\">DP World<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/investment-watch\/\">INVESTMENT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/masdar\/\">Masdar<\/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=\"81706 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=\"81706\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/16\/81706\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81706\" class=\"content-area-description single-story post-81706 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/yanmuparks.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/425.jpg?ssl=1\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"81707\" 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=\"81707\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">Investment Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/16\/more-agreements-from-ksas-global-logistics-forum\/\">\r\n                            More agreements from KSA\u2019s Global Logistics Forum                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1327.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81708\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/16\/more-agreements-from-ksas-global-logistics-forum\/1327-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1327.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1327.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1327.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1327.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81707\" class=\"content-area-description single-story post-81707 post type-post status-publish format-standard has-post-thumbnail hentry category-investment-watch tag-aviation tag-investment-watch tag-saudi-arabia 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\/.58bdd0e4-cbd3-4a55-aba9-0a36cd69d964.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>M<\/strong><strong>ore updates are still streaming in from KSA\u2019s Global Logistics Forum <\/strong><strong>which <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/a9589069-03ac-4870-ac07-f84692cbd9e4\/ksa%25e2%2580%2599s-global-logistics-forum-wraps-with-more-agreements-signed\" style=\"\" rel=\"noopener\">wrapped up on Monday<\/a><\/strong><strong>. <\/strong>Here\u2019s all the latest cargo, aviation, zones and warehousing agreements signed by regional logistics players.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">REFRESHER- <\/strong><span style=\"background-color: transparent;\">Saudi Arabia reportedly <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/4d288613-cdc2-4480-bb4f-1f25df2fb32c\/ksa%25e2%2580%2599s-global-logistics-forum-inks-sar-17-bn-worth-of-agreements-on-first-day\" rel=\"noopener\">inked 69 agreements<\/a><span style=\"background-color: transparent;\"> worth over SAR 17 bn during the first day of the forum in Riyadh on Sunday.<\/span><\/p>\n<p class=\"tag-border-left\">SAUDIA CARGO-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudia Cargo signed an MoU with the Royal Commission for AlUla (RCU) to boost air cargo operations and logistics services<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/saudiacargo_glf24-glforum-activity-7251657335385853952-7QCp?utm_source=share&amp;utm_medium=member_desktop\" style=\"\" rel=\"noopener\">statement<\/a>. The partnership aims to streamline operations for air freight transport, exchange expertise on logistic advancements, and provide logistical backing for AlUla initiatives.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The airfreight flag carrier also inked an MoU with Saudi aviation firm Cluster2 to improve air freight and logistics operations<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/saudiacargo_glf24-glforum-saudiacargo-activity-7251647344318775298-iaGg?utm_source=share&amp;utm_medium=member_desktop\" style=\"\" rel=\"noopener\">statement<\/a>. The cooperation looks to increase air freight capacities, enhance land transportation connectivity with airports, and implement competitive pricing strategies.<\/p>\n<p class=\"tag-border-left\">KING SALMAN AIRPORT-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>KSIADC inked a stack of agreements: <\/strong>King Salman International Airport Development Company (KSIADC) inked an agreement with the Special Integrated Logistics Zone (SILZ) to enhance operational coordination and infrastructure to boost air cargo capabilities, according to a <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/king-salman-international-airport_aetaefaepaezabraepaesaetaesaerabraebaesaetaepaeuabraepaesaexaewaesaey-activity-7251645128811917312-SZ_M?utm_source=share&amp;utm_medium=member_desktop\" style=\"\" rel=\"noopener\">statement<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><br \/>There\u2019s more: <\/strong>The airport also partnered with delivery giant FedEx to improve logistics solutions and enhance supply chains at the airport by integrating new logistics and distribution practices, the statement added. KSIADC also joined the International Air Cargo Association (TIACA) to boost its market share and operational efficiency, which is in line with Saudi Arabia\u2019s plan to establish itself as a leading logistics hub.<\/p>\n<p class=\"tag-border-left\">MODON-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Modon signed several warehouse agreements: <\/strong>The Saudi Authority for Industrial Cities and Technology (Modon) inked a SAR 50 mn agreement with Hello Partner Logistics Services Company to allocate 48k sqm of land to establish 3PL\/4PL warehouses to streamline supply chain operations for food, commercial, and tourism industries, according to a <a target=\"_blank\" href=\"https:\/\/x.com\/modon_ksa\/status\/1845801183195062619\" style=\"\" rel=\"noopener\">statement<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Another for Sawala:<\/strong> Modon signed a SAR 35 mn agreement with Suaud\u2019s storage firm <a target=\"_blank\" href=\"https:\/\/sawala-sa.com\/\" style=\"\" rel=\"noopener\">Sawala<\/a> to establish 3PL\/4PL warehouses over 54k sqm in Jeddah\u2019s Third Industrial City, according to a <a target=\"_blank\" href=\"https:\/\/x.com\/modon_ksa\/status\/1845803559087931633\" style=\"\" rel=\"noopener\">statement<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And another for Imdad: <\/strong>The authority inked a SAR 50 mn contract with Imdad Storage Company to allocate 26k sqm of land in Sudair City to develop 3PL\/4PL warehouses to boost supply chains in the pharmaceutical and medical industries sectors, according to a <a target=\"_blank\" href=\"https:\/\/x.com\/modon_ksa\/status\/1845802631534449089\" style=\"\" rel=\"noopener\">statement<\/a>.<\/p>\n<p class=\"tag-border-left\">ZONES AND PORTS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- SPL + Ecza partner up to boost logistics services: <\/strong>Saudi Post Corporation\u2019s (SPL) National Address inked an MoU with Economic Cities and Special Zones Authority (ECZA) to strengthen logistics services for investors across the Kingdom\u2019s Special Economic Zones (SEZs), according to a <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/spl-ksa-online_nationalabraddress-glforum-glf24-activity-7251664566193991683-wCRk?utm_source=share&amp;utm_medium=member_desktop\" style=\"\" rel=\"noopener\">statement<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Tharawat <\/strong><strong>Alqata<\/strong><strong> + Masarat to operate within <\/strong><strong>KAEC: <\/strong>ECZA awarded to eligible criteria certificates to Tharawat Alqata Industries Company and Automotive Solution Company for Logistic Services (Masarat Mobility Park) to establish facilities in King Abdullah Economic City Special Economic Zone (KAEC SEZ), according to a <a target=\"_blank\" href=\"https:\/\/www.prnewswire.com\/in\/news-releases\/economic-cities-and-special-zones-authority-makes-milestone-transport-and-logistics-announcements-at-the-global-logistics-forum-302275596.html\" style=\"\" rel=\"noopener\">press release<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- Mawani + Zatca + Transport and Logistics Services Ministry sign tripartite agreement: <\/strong>The Saudi Port Authority (Mawani), the Zakat, Tax, and Customs Authority, and the Saudi Transport and Logistics Services Ministry inked a cooperation agreement to empower shipping brokers to handle joint containers and establish regional centers at Saudi ports, according to a <a target=\"_blank\" href=\"https:\/\/mawani.gov.sa\/article?news=0101524&amp;language=ar\" style=\"\" rel=\"noopener\">press release<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>OTHER AGREEMENTS-<\/strong><\/p>\n<ul>\n<li><strong>TGA + RDIA partner up to boost innovation: <\/strong>The Transport General Authority (TGA) inked an agreement with the Research Development and Innovation Authority (RDIA) to advance smart transportation systems across the Kingdom. (<a target=\"_blank\" href=\"https:\/\/x.com\/Saudi_TGA\/status\/1845873742565503325\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/investment-watch\/\">INVESTMENT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/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=\"81709 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=\"81709\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/16\/81709\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81709\" class=\"content-area-description single-story post-81709 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/transmar.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2700.jpg?ssl=1\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"81710\" 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=\"81710\">\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\">The Big Read<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/16\/pulling-the-curtain-back-on-the-murky-ownership-of-russias-shadow-fleet\/\">\r\n                            Pulling the curtain back on the murky ownership of Russia\u2019s Shadow fleet                        <\/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\/16\/pulling-the-curtain-back-on-the-murky-ownership-of-russias-shadow-fleet\/\" 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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Since Western sanctions on Russian oil exports were first imposed in December 2022, Russia has relied on offshore corporate structures to evade Western officials and make it difficult to determine the ownership of the tankers, the manner in which they were obtained, or who manages their operations.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">The details:<\/strong><span style=\"background-color: transparent;\"> Russia\u2019s Lukoil financed a 74-year-old British accountant, John Ormerod, through its shipping division to purchase the Canis Power and at least 24 other second-hand tankers from December 2022 to August 2023, totaling over USD 700 million. Each tanker was acquired by a distinct special purpose company that Ormerod established in the Marshall Islands, while Lukoil\u2019s Dubai-based Eiger Shipping DMCC provided the funding by making advance payments to charter the ships.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Breamer took a hit: <\/strong>Shares of London-listed shipbroker Braemar have declined 11% in the past two days in response to the report, the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/57b85fab-fa44-4881-b7ed-543116920fa7\" style=\"\" rel=\"noopener\">Financial Times<\/a> reported on Friday. Braemar was fully aware the vessels were being acquired for \u2014 and financed \u2014 by Eiger, the accountant lawyer and source familiar with the matter told the FT. Braemer confirmed it has served as the broker for at least nine of the purchases, but declined to comment on its knowledge of Eiger\u2019s involvement. \u201cFor every transaction that Braemar considers undertaking, it conducts all appropriate due diligence with know-your-customer checks, legal, compliance and regulatory adherence,\u201d it said in a statement. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Russia boosted the capacity of its shadow fleet by some 70% y-o-y despite<\/strong> <strong>Western <\/strong><strong>sanctions<\/strong>, according to a report from the Kyiv School of Economics seen by the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/fbad4462-5ed8-4f75-80d7-79459607277c\" style=\"\" rel=\"noopener\">Financial Times<\/a>. The volume of Russian oil transported via dark vessels jumped to 4.1 mn bpd in June 2024, up from 2.4 mn bpd the year prior. \u201cSanctions on tankers have been quite effective but the designation campaign has been too limited to actually rein in Russia\u2019s shadow fleet,\u201d said Benjamin Hilgenstock, one of the report\u2019s authors.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The vessels have transported some 120 mn barrels of Russian crude<\/strong>, amounting to an estimated USD 7.2 bn in exports. Ormerod sought legal advice and undertook \u201cextensive due diligence\u201d to make sure the aforementioned purchases did not violate any sanctions, lawyers representing Ormerod told FT. Lukoil Litasco Middle East also told the news outlet that it has operated in \u201cstrict compliance with all relevant laws.\u201d <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Russia\u2019s using subterfuge:<\/strong> Russian oil companies and trades have purposefully sought out non-Russia owners and operators to \u201ccreate as much distance between Moscow and the shadow fleet as they could,\u201d Harvard University expert on the subject Craig Kennedy told FT. Russian firms have spent over USD 10 bn on purchasing second-hand vessels since 2022, Kennedy believes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The response:<\/strong> Western governments have begun applying restrictions on individual vessels believed to be a part of the shadow fleet, with seven of the 25 vessels acquired by Ormerod being sanctioned by the UK or EU.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UK cracks down:<\/strong> The UK placed sanctions <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/7d39c9c7-eb80-484f-99cb-4d9d9b741309\/dsv-acquires-db-schenker-in-a-eur-14.3-bn-transaction\" style=\"\" rel=\"noopener\">last month<\/a> on 10 additional Russian ships as part of an effort to crack down on Russia\u2019s use of its shadow fleet to circumvent sanctions. All 10 vessels were previously overseen by UAE firm Oil Tankers SCF MGMT FZCO, which was used by Russia shipping company Sovcomflot.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/eu\/\">EU<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/russia\/\">Russia<\/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\/the-big-read\/\">THE BIG READ<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/uk\/\">UK<\/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=\"81712 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=\"81712\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/16\/81712\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81712\" class=\"content-area-description single-story post-81712 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\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=\"81713\" 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=\"81713\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/16\/saudi-arabia-philippines-sign-cooperation-agreement\/\">\r\n                            Saudi Arabia + Philippines sign cooperation agreement                        <\/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\/16\/saudi-arabia-philippines-sign-cooperation-agreement\/\" 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\/16\/saudi-arabia-philippines-sign-cooperation-agreement\/')\">\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\/16\/saudi-arabia-philippines-sign-cooperation-agreement\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Saudi Arabia + Philippines sign cooperation agreement&url=https:\/\/enterpriseam.com\/logistics\/2024\/10\/16\/saudi-arabia-philippines-sign-cooperation-agreement\/\">\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\/16\/saudi-arabia-philippines-sign-cooperation-agreement\/&title=Saudi Arabia + Philippines sign cooperation agreement\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Saudi+Arabia+%2B+Philippines+sign+cooperation+agreement+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F10%2F16%2Fsaudi-arabia-philippines-sign-cooperation-agreement%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\/16\/saudi-arabia-philippines-sign-cooperation-agreement\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1325.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81714\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/16\/saudi-arabia-philippines-sign-cooperation-agreement\/1325-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1325.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1325.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1325.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1325.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81713\" class=\"content-area-description single-story post-81713 post type-post status-publish format-standard has-post-thumbnail hentry category-diplomacy tag-diplomacy tag-renewable-energy tag-saudi-arabia wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/10\/.fcf62ab1-dbac-4668-9439-bc87c545cf9d.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi Arabia + Philippin<\/strong><strong>es sign energy sector cooperation agreement: <\/strong>Saudi Arabia\u2019s Energy Minister Prince Abdulaziz bin Salman bin Abdulaziz inked an MoU with the Philippines Energy Secretary Raphael Lotilla on cooperation in the energy sector, <a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/en\/N2189211\" style=\"\" rel=\"noopener\">SPA<\/a> reports. The agreement aims to enhance cooperation in petrochemicals, oil and gas, renewable energy, electricity, energy efficiency, and circular carbon economy tech. The agreement also aims to strengthen cooperation in digital transformation and innovation, cybersecurity, and AI. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/renewable-energy\/\">renewable energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"81715\" 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=\"81715\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Kudos<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/16\/regional-logistics-players-snap-up-spots-in-forbes-sustainability-leaders-2024\/\">\r\n                            Regional logistics players snap up spots in Forbes Sustainability Leaders 2024                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/16\/regional-logistics-players-snap-up-spots-in-forbes-sustainability-leaders-2024\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/logistics\/2024\/10\/16\/regional-logistics-players-snap-up-spots-in-forbes-sustainability-leaders-2024\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/logistics\/2024\/10\/16\/regional-logistics-players-snap-up-spots-in-forbes-sustainability-leaders-2024\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Regional logistics players snap up spots in Forbes Sustainability Leaders 2024&url=https:\/\/enterpriseam.com\/logistics\/2024\/10\/16\/regional-logistics-players-snap-up-spots-in-forbes-sustainability-leaders-2024\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/logistics\/2024\/10\/16\/regional-logistics-players-snap-up-spots-in-forbes-sustainability-leaders-2024\/&title=Regional logistics players snap up spots in Forbes Sustainability Leaders 2024\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Regional+logistics+players+snap+up+spots+in+Forbes+Sustainability+Leaders+2024+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F10%2F16%2Fregional-logistics-players-snap-up-spots-in-forbes-sustainability-leaders-2024%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/16\/regional-logistics-players-snap-up-spots-in-forbes-sustainability-leaders-2024\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1323.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81716\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/16\/regional-logistics-players-snap-up-spots-in-forbes-sustainability-leaders-2024\/1323-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1323.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1323.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1323.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1323.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81715\" class=\"content-area-description single-story post-81715 post type-post status-publish format-standard has-post-thumbnail hentry category-kudos tag-dp-world tag-kudos tag-oman tag-saudi-arabia tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/10\/.aa062473-50ac-4b4e-9613-4bdd53396377.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Forbes names Middle East\u2019s 2024 Sustainability Leaders: <\/strong>Forbes has released its Middle East <a target=\"_blank\" href=\"https:\/\/www.forbesmiddleeast.com\/lists\/the-middle-easts-sustainable-leaders-2024\/\" style=\"\" rel=\"noopener\">Sustainability Leaders 2024<\/a> list featuring leading individuals and companies. The UAE came out on top with 54 companies on the list, followed by Saudi Arabia with 20 and Egypt with 10. Qatar came fourth with eight companies, followed by Bahrain and Kuwait with five each, and three in Oman. The assessment criteria involved an analysis of sustainability and ESG reporting across the region, and looked at improvements in emission reductions, renewable energy and energy efficiency, and management of waste, water, and other resources.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Who made the list? <\/strong><span style=\"background-color: transparent;\">The top spots from the transport and logistics sector include DP World\u2019s <\/span><a target=\"_blank\" href=\"https:\/\/www.forbesmiddleeast.com\/lists\/the-middle-easts-sustainable-leaders-2024\/sultan-ahmed-bin-sulayem\/\" rel=\"noopener\">Sultan Ahmed bin Sulayem<\/a><span style=\"background-color: transparent;\">, AD Ports Group\u2019s <\/span><a target=\"_blank\" href=\"https:\/\/www.forbesmiddleeast.com\/lists\/the-middle-easts-sustainable-leaders-2024\/saif-al-mheiri\/\" rel=\"noopener\">Saif Al Mheiri<\/a><span style=\"background-color: transparent;\">, Agility\u2019s <\/span><a target=\"_blank\" href=\"https:\/\/www.forbesmiddleeast.com\/lists\/the-middle-easts-sustainable-leaders-2024\/tarek-sultan\/\" rel=\"noopener\">Tarek Sultan<\/a><span style=\"background-color: transparent;\">, Asyad Group\u2019s <\/span><a target=\"_blank\" href=\"https:\/\/www.forbesmiddleeast.com\/lists\/the-middle-easts-sustainable-leaders-2024\/abdulrahman-al-hatmi\/\" rel=\"noopener\">Abdulrahman Al Hatmi<\/a><span style=\"background-color: transparent;\">, Nakilat\u2019s <\/span><a target=\"_blank\" href=\"https:\/\/www.forbesmiddleeast.com\/lists\/?page_id=46275\" rel=\"noopener\">Abdullah Al-Sulaiti<\/a><span style=\"background-color: transparent;\">, Bahri\u2019s <\/span><a target=\"_blank\" href=\"https:\/\/www.forbesmiddleeast.com\/lists\/?page_id=46281\" rel=\"noopener\">Ahmed Ali Alsubaey<\/a><span style=\"background-color: transparent;\">, Etihad Rail\u2019s <\/span><a target=\"_blank\" href=\"https:\/\/www.forbesmiddleeast.com\/lists\/?page_id=46289\" rel=\"noopener\">Shadi Malak<\/a><span style=\"background-color: transparent;\">, and Milaha\u2019s <\/span><a target=\"_blank\" href=\"https:\/\/www.forbesmiddleeast.com\/lists\/?page_id=46295\" rel=\"noopener\">Fahad Bin Saad Al-Qahtani<\/a><span style=\"background-color: transparent;\">.<\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/dp-world\/\">DP World<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/kudos\/\">KUDOS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/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=\"81717\" 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=\"81717\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Also on Our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/16\/updates-on-warehousing-startups-customs-from-egypt-ksa-iraq-and-qatar\/\">\r\n                            Updates on warehousing, startups, customs, and supply chains from Egypt, KSA, Iraq, 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 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from Egypt, KSA, Iraq, 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=Updates+on+warehousing%2C+startups%2C+customs+from+Egypt%2C+KSA%2C+Iraq%2C+and+Qatar+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F10%2F16%2Fupdates-on-warehousing-startups-customs-from-egypt-ksa-iraq-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\/16\/updates-on-warehousing-startups-customs-from-egypt-ksa-iraq-and-qatar\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/716.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81718\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/16\/updates-on-warehousing-startups-customs-from-egypt-ksa-iraq-and-qatar\/716-jpg-10\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/716.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"716.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/716.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/716.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81717\" class=\"content-area-description single-story post-81717 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-dhl tag-egypt tag-iraq tag-qatar tag-saudi-arabia tag-storage-warehouses tag-supply-chains 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\/.1a9cf163-f798-4a54-b99f-33d3da3c4fba.mp3\"><\/audio><\/figure>\n<p class=\"tag-border-left\">STORAGE + WAREHOUSING-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Batic Real Estate began construction on a high-risk storage warehouse on a 10k sqm<\/strong> <strong>plot in Al Manakh district<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=82967&amp;anCat=1&amp;cs=4110&amp;locale=en\" style=\"\" rel=\"noopener\">disclosure to Tadawul<\/a>. It also secured an agricultural construction license from the Ministry of Environment, Water and Agriculture to develop cooling and freezing warehouses on 50k sqm of its 104k sqm site along Al Kharj road, with further approvals underway. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"background-color: transparent;\">STARTUP WATCH-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt\u2019s WellPal relocates to KSA<\/strong><strong>: <\/strong>Egypt\u2019s healthcare e-commerce platform <a target=\"_blank\" href=\"https:\/\/wellpal.net\/ar\/\" style=\"\" rel=\"noopener\">WellPal<\/a> \u2014 powered by Flat6 Labs \u2014 has relocated to Saudi Arabia after securing an undisclosed investment from an angel investor, <a target=\"_blank\" href=\"https:\/\/www.wamda.com\/2024\/10\/egypt-wellpal-relocates-saudi-arabia-fresh-funding-hand\" style=\"\" rel=\"noopener\">Wamda<\/a> reports. The company is also eyeing regional expansion and establishing partnerships with local and international health bands to upgrade its platform and deliver a more seamless user experience.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What does WellPal do?<\/strong> The company uses a dropshipping business model that utilizes technology to link consumers with a carefully selected array of health and wellness products from trusted suppliers and vendors, according to the statement. This approach simplifies the supply chain, enabling WellPal to provide a diverse range of products without needing to maintain inventory or handle fulfillment logistics.<\/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>Emirates to res<\/strong><strong>ume flights to Basra:<\/strong> The UAE\u2019s Emirates will resume flights to Basra in southern Iraq on 17 October, while flights to and from Baghdad and Iran\u2019s capital Tehran remain canceled till 23 October. Beirut flights will remain on hold till 31 October. (<a target=\"_blank\" href=\"https:\/\/www.emirates.com\/eg\/english\/help\/travel-updates\/\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>Air Arabia adds Morocco-Italy service<\/strong><strong>:<\/strong> The UAE\u2019s Air Arabia is launching a new twice weekly direct route between Morocco\u2019s Fez Sais International Airport and Italy\u2019s Milan Bergamo Airport starting 15 December 2024. (<a target=\"_blank\" href=\"https:\/\/www.moroccoworldnews.com\/2024\/10\/365752\/air-arabia-launches-new-fez-milan-route-expands-european-network\" style=\"\" rel=\"noopener\">MWN<\/a>)<\/li>\n<li><strong>Iraq ready to join TIR Convention: <\/strong>Iraq\u2019s General Company for Land Transport is set to sign a contract with the Iraqi Customs Authority to announce Iraq\u2019s readiness to join the TIR (International Road Transport) Convention, which aims to streamline and standardize the administrative procedures for international road transport. (<a target=\"_blank\" href=\"https:\/\/www.motrans.gov.iq\/?article=2386\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/dhl\/\">DHL<\/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\/iraq\/\">Iraq<\/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\/storage-warehouses\/\">STORAGE + WAREHOUSES<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"81719\" 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=\"81719\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Around the World<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/16\/chinas-car-ship-exports-hit-new-highs-in-september\/\">\r\n                            China\u2019s car + ship exports hit new highs 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\/16\/chinas-car-ship-exports-hit-new-highs-in-september\/\" 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\/16\/chinas-car-ship-exports-hit-new-highs-in-september\/')\">\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\/16\/chinas-car-ship-exports-hit-new-highs-in-september\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=China\u2019s car + ship exports hit new highs in September&url=https:\/\/enterpriseam.com\/logistics\/2024\/10\/16\/chinas-car-ship-exports-hit-new-highs-in-september\/\">\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\/16\/chinas-car-ship-exports-hit-new-highs-in-september\/&title=China\u2019s car + ship exports hit new highs in September\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=China%E2%80%99s+car+%2B+ship+exports+hit+new+highs+in+September+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F10%2F16%2Fchinas-car-ship-exports-hit-new-highs-in-september%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\/16\/chinas-car-ship-exports-hit-new-highs-in-september\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1319.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81720\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/16\/chinas-car-ship-exports-hit-new-highs-in-september\/1319-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1319.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1319.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1319.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1319.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81719\" class=\"content-area-description single-story post-81719 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-china 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\/.0a57caa8-33ed-4402-9b9c-40c0877b040e.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>China\u2019s car and ship exports surged to record highs in September<\/strong> <strong>despite a slump <\/strong><strong>in general shipments<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-10-15\/china-s-car-and-ship-exports-hit-record-despite-slowing-trade\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports. Chinese firms shipped over USD 11.5 bn worth of vehicles in September, making the year-to-date total some USD 88 bn. Companies sold 464 ships internationally, amounting to over USD 4.6 bn, more than double the quantity sold the same month last year. The sudden jump in higher-valued manufactured goods exports has raised concern among the countries set to impose <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/3f2f5ef4-95b7-4b19-a6c3-15822304807c\/today:-a-big-weekend-for-renewables-in-egypt-%2B-ocp-secures-a-loan-to-shore-up-water-scarcity-in-morocco\" style=\"\" rel=\"noopener\">tariffs on Chinese EVs<\/a>, including Canada, the US, and the EU.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">It doesn\u2019t stop there:<\/strong><span style=\"background-color: transparent;\"> China\u2019s steel exports rose to 10.2 mn tons in September, bringing the year-to-date volume to some 81 mn tons, a 21% y-o-y increase and the highest level since 2016, <\/span><a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-10-14\/china-defends-steel-surge-as-exports-reach-highest-since-2016\" rel=\"noopener\">Bloomberg<\/a><span style=\"background-color: transparent;\"> reports. The surge in exports is attributed to a lull in the domestic market, which has prompted traders to push their products overseas. China is expected to export over 100 mn tons of steel by the end of this year, with the bulk going to Asian nations.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER<\/strong><strong>-<\/strong> Turkey announced plans <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/7e89d397-ac81-42a9-a5cb-398f83a46c11\/today:-it%25e2%2580%2599s-a-blockbuster-day-for-logistics-forums-%2B-asyad-breaks-ground-on-muscat-airport-freezone\" style=\"\" rel=\"noopener\">last week<\/a> to impose anti-dumping duties on steel imports coming in from China, Russia, India and Japan to crack down on unfair competition following appeals from domestic producers. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/around-the-world\/\">AROUND THE WORLD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/china\/\">China<\/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=\"81721\" 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\/16\/81721\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81721\" class=\"content-area-description single-story post-81721 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>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\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>Khazna\u2019s new UAE data center | DP World + Masdar to invest in the Philippines | More updates from KSA\u2019s Global Logistics Forum<\/p>\n","protected":false},"featured_media":81698,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-81697","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"2ba9ea4f-3a5c-4ea5-aef3-d3acfa150ecb","teaser":"Khazna\u2019s new UAE data center | DP World + Masdar to invest in the Philippines | More updates from KSA\u2019s Global Logistics Forum","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>Khazna to build the UAE\u2019s largest data center - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, 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