{"id":81772,"date":"2024-10-21T00:00:00","date_gmt":"2024-10-21T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=81772"},"modified":"2025-12-15T15:29:41","modified_gmt":"2025-12-15T15:29:41","slug":"bahri-secures-usd-756-mn-murabaha-financing-to-modernize-fleet","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/bahri-secures-usd-756-mn-murabaha-financing-to-modernize-fleet\/","title":{"rendered":"Bahri secures USD 756 mn murabaha financing to modernize fleet"},"content":{"rendered":"<section id=\"81774\" 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=\"81774\">\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\/21\/today-bahris-fleet-upgrade-gets-a-financing-boost-iraq-inks-a-gas-supply-agreement-with-turkmenistan\/\">\r\n                            TODAY: Bahri\u2019s fleet upgrade gets a financing boost + Iraq inks a gas supply agreement with Turkmenistan                        <\/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\/21\/today-bahris-fleet-upgrade-gets-a-financing-boost-iraq-inks-a-gas-supply-agreement-with-turkmenistan\/\" 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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First, a quick look at the ongoing Boeing strike saga\u2026<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>THE BIG LOGISTICS STORY- <\/strong><strong>Boeing has reached a tentative agreement to offer <\/strong><strong><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\">striking machinists<\/a><\/strong><strong> a 35% pay <\/strong><strong>bump over the course of four years<\/strong> as the airline giant seeks to put an end to a five-week-long strike that has crippled production of some of its more popular aircraft. The offer includes a one-time USD 7k ratification bonus and increased employer contributions to worker retirement accounts, but is lower than the union\u2019s targeted 40% pay bump and does not include the reinstitution of defined benefit pensions, another of the union\u2019s key demands.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Boeing took its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/6803de6c-d1a2-40b9-a0c9-37270e5160b3\/%253cmark%253eboeing-%253c%2Fmark%253emakes-a-final-offer-to-workers-on-strike\" style=\"\" rel=\"noopener\">30% pay raise offer<\/a> off the table <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\">last week<\/a> in union negotiations after the talks reached a stalemate yet again. The strike is taking place at Boeing\u2019s 737 Max Jets production hub. This has worsened the company\u2019s already existing supply chain issues and delivery <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/bd168f4c-402c-46f7-ac7f-bde7ece24f52\/today:-sfd-extends-a-loan-for-north-eleuthera-airport-development-in-the-bahamas\" style=\"\" rel=\"noopener\">delays<\/a>, pushing them to stop issuing purchase orders for the 737, 767 and 777 jets to preserve the company\u2019s credit rating.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Union members are set to vote on the contract on Wednesday<\/strong>, the same day that Boeing is expected to release its 3Q 2024 earnings results.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The story grabbed a l<\/strong><strong>ot on ink in the int\u2019l press over the weekend:<\/strong> <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/aerospace-defense\/boeing-workers-will-vote-proposal-that-could-end-strike-union-says-2024-10-19\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/boeing-strike-contract-offer-pay-increase-e86e43bcbbf3e140e89d33c901766554\" style=\"\" rel=\"noopener\">AP<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-10-19\/union-in-boeing-strike-presents-resolution-proposal-to-members\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/069156ae-e5b5-4238-9f48-a50022a6d6f7\" style=\"\" rel=\"noopener\">Financial Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/business\/airlines\/boeing-union-reach-wage-deal-to-end-strike-b9804268?mod=hp_lead_pos1\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2024\/10\/19\/business\/boeing-strike-deal.html\" style=\"\" rel=\"noopener\">The New York Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.washingtonpost.com\/transportation\/2024\/10\/19\/boeing-strike-machinists-union-agreement\/\" style=\"\" rel=\"noopener\">Washington Post<\/a> | <a target=\"_blank\" href=\"https:\/\/edition.cnn.com\/2024\/10\/19\/business\/boeing-deal-to-end-strike\" style=\"\" rel=\"noopener\">CNN<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bbc.com\/news\/articles\/cn8j07jp0y9o\" style=\"\" rel=\"noopener\">BBC<\/a> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN OTHER BOEING NEWS - The company<\/strong><strong> is considering an asset sale to boost its finances<\/strong>, potentially shedding its non-core or underperforming units, the <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/business\/airlines\/boeing-ceo-manufacturing-future-fe635fae\" style=\"\" rel=\"noopener\">Wall Street J<\/a><a target=\"_blank\" href=\"https:\/\/www.wsj.com\/business\/airlines\/boeing-ceo-manufacturing-future-fe635fae\" style=\"\" rel=\"noopener\">ournal<\/a> reports. Boeing has asked the heads of its subunits to present the value of their units to the firm. The manufacturer finalized an agreement last week to offload a small defense unit that develops US military surveillance equipment, the news outlet said, citing sources familiar with the matter. Boeing declined to comment on the report.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI:<\/strong> Boeing announced plans <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/32baf588-a9d4-4f8f-bd41-76c0bb0703c0\/today:-khazna-to-build-the-uae%25e2%2580%2599s-largest-data-center-%2B-dp-world,-masdar-eye-investments-in-the-philippines\" style=\"\" rel=\"noopener\">last week<\/a> to raise USD 25 bn through stock and debt offerings and another USD 10 bn through credit from major lenders. The 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>Boeing\u2019s under the microscope: <\/strong>The US Federal Aviation Administration (FAA) is slated to launch a new three-month safety review of Boeing, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/aerospace-defense\/faa-says-new-boeing-safety-review-will-take-about-three-months-2024-10-18\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Friday. This includes evaluating risk-assessment quality, resource allocation, and compliance with regulatory requirements. Regular reviews of Boeing\u2019s manufacturing operations are set to take place, an FAA said. <\/p>\n<p class=\"tag-border-left\">HAPPENING TODAY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/smartportstransformation.com\/\" style=\"\" rel=\"noopener\">Smart Ports & Logistics Transformation Summit<\/a><\/strong><strong> will kick off today in Riyadh and wrap tomorrow. <\/strong>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 class=\"tag-border-left\">WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt1\"><\/a> #1-<\/strong><strong>Egypt\u2019s<\/strong><strong> airport privatization<\/strong><strong> plans are already attracting suitors:<\/strong> Six international companies have shown interest in managing and operating airports being offered up by the Egyptian government, Egyptian Civil Aviation Minister Sameh Elhefny told <a target=\"_blank\" href=\"https:\/\/almalnews.com\/premium\/%d9%88%d8%b2%d9%8a%d8%b1-%d8%a7%d9%84%d8%b7%d9%8a%d8%b1%d8%a7%d9%86-%d9%84%d9%80%d8%a7%d9%84%d9%85%d8%a7%d9%84-6-%d9%85%d8%b7%d9%88%d8%b1%d9%8a%d9%86-%d8%b9%d8%a7%d9%84%d9%85%d9%8a\/\" style=\"\" rel=\"noopener\">Al Mal<\/a> on Saturday. The news comes hot on the heels of <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/32baf588-a9d4-4f8f-bd41-76c0bb0703c0\/today:-khazna-to-build-the-uae%25e2%2580%2599s-largest-data-center-%2B-dp-world,-masdar-eye-investments-in-the-philippines\" style=\"\" rel=\"noopener\">unconfirmed reports<\/a> that the International Finance Corporation has submitted its technical study and proposed timeline for handing over management of 20 of Egypt\u2019s airports to the private sector.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Elhefny was keen to emphasize (<\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/48bca33e-8ea3-4ae0-b47e-228e52792cc8\/turkish-fm-is-in-town\" style=\"\" rel=\"noopener\">again<\/a><\/strong><strong>) that the airports will remain Egyptian:<\/strong> The airports are not for sale and remain under the sovereignty of the Egyptian state, Elhefny told the outlet. Instead, the offering involves the management and operation of the commercial activities within the airports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> We\u2019ve been on the lookout for airport privatization news since Egypt\u2019s Prime Minister Moustafa Madbouly <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d5e54f1d-dc98-4fe2-ac8a-af684b381301\/\" style=\"\" rel=\"noopener\">said last week<\/a> that some \u201cimportant\u201d updates regarding the country\u2019s plans to privatize airports and banks would be announced soon. The Madbouly government first revealed <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/39dc4a75-8ed5-46ed-a296-30a40cf2f166\" style=\"\" rel=\"noopener\">in November 2023<\/a> that it planned 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>IN OTHER EGYPT UPDATES-<\/strong> <strong>It looks like Port Said\u2019s EGP 1.6 bn grain silo factory has lost its foreign partner: <\/strong>The Egyptian arm of Polish grain silo company <a target=\"_blank\" href=\"https:\/\/feerum.pl\/en\/\" style=\"\" rel=\"noopener\"><\/a><a target=\"_blank\" href=\"https:\/\/feerum.pl\/en\/\" style=\"\" rel=\"noopener\">Feerum<\/a> has reportedly pulled out of <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a760dc2b-4840-4b9e-827c-b6cff5009778\/foreign-investors-ink-usd-353-mn-worth-of-industrial-projects\" style=\"\" rel=\"noopener\">an agreement<\/a> to set up a factory to manufacture grain silos with with Egyptian construction and engineering firm Samcrete and the state-owned Egyptian Holding Company for Silos and Storage, an unnamed Feerum Egypt official told <a target=\"_blank\" href=\"https:\/\/almalnews.com\/premium\/%d8%a7%d9%84%d8%a8%d9%8a%d8%b1%d9%88%d9%82%d8%b1%d8%a7%d8%b7%d9%8a%d8%a9-%d8%aa%d9%87%d8%af%d8%af-%d8%a8%d8%aa%d9%88%d9%82%d9%81-%d9%85%d8%b5%d9%86%d8%b9-%d9%81%d9%8a%d8%b1%d9%88\/\" style=\"\" rel=\"noopener\">Al Mal<\/a>. The company official pointed to the Supply Ministry canceling an order for a silo \u2014 which hampered the negotiations with local banks over financing \u2014 among other undisclosed reasons.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt2\"><\/a> #2- <\/strong><strong>Etihad Airways is in early discussions for a potential widebody-aircraft order with <\/strong><strong>Boeing and Airbus<\/strong>, as the airline looks to double its fleet in the coming years, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-10-17\/etihad-in-early-talks-with-boeing-airbus-for-widebody-aircraft\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported on Thursday, citing people with knowledge of the matter. The carrier is deliberating the uptake of twin-aisle jets to bolster its long-distance capabilities, and will likely be deciding between the Boeing 777X and Airbus A350, the sources said. The airline may not follow through with an order anytime soon, however, as options are still being evaluated. Etihad and Boeing declined to comment on the matter, while Airbus declined to comment on any specifics, but noted it was always maintaining talks with customers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a> #3- <\/strong><strong>ExxonMobil eyes investments in Algeria:<\/strong> US energy giant ExxonMobil is eyeing Algeria's National Agency for the Valorisation of Hydrocarbon Resources\u2019 (<a target=\"_blank\" href=\"https:\/\/www.alnaft.dz\/en\/category\/who-are-we\" style=\"\" rel=\"noopener\">Alnaft<\/a>) international tenders for upstream oil and gas projects, MENA vice president Rochdi Younsi told <a target=\"_blank\" href=\"https:\/\/www.asharqbusiness.com\/power\/57069\/%D8%A5%D9%83%D8%B3%D9%88%D9%86-%D9%85%D9%88%D8%A8%D9%8A%D9%84-%D8%A7%D9%84%D8%A3%D9%85%D9%8A%D8%B1%D9%83%D9%8A%D8%A9-%D8%AA%D8%B1%D8%A7%D9%82%D8%A8-%D9%85%D9%86%D8%A7%D9%82%D8%B5%D8%A7%D8%AA-%D8%A7%D9%84%D8%BA%D8%A7%D8%B2-%D8%A7%D9%84%D8%AC%D8%B2%D8%A7%D8%A6%D8%B1%D9%8A%D8%A9-%D8%B9%D9%86-%D9%83%D8%AB%D8%A8\/\" style=\"\" rel=\"noopener\">Asharq Business<\/a> on Thursday. The company has been in talks with Algeria\u2019s state-owned oil company Sonatrach since May and Alnaft as it looks to develop gas fields in the country. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt4\"><\/a> #4- <\/strong><strong>Qatar\u2019s MOT rolls out a new logistics national strategy:<\/strong> Qatar\u2019s Transport Ministry has laid out a new strategy for the logistics services sector, with a specific focus on transportation and warehousing for 2024-2030, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/MOTCQATAR\/posts\/pfbid02ikCFrBFimnrETSuxV7Eaf4kHAr8eBFhXDNiTWEbVy9qN7RNpmcWFvVP6RrYAoNXVl\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. The strategy aims to boost local logistics services, streamline cross-border operational processes, facilitate transshipments, and enhance trade flows to create new investment windows in Qatar.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#5- <\/strong><strong>Russia using yet another Dubai firm in shadow fleet operations:<\/strong> A newly established company in Dubai has taken control of three liquefied natural gas tankers (LNG) in what appears to be a Russian attempt to circumvent Western sanctions, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-10-18\/russia-adds-lng-shadow-fleet-tankers-with-new-dubai-based-firm\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported on Friday. Russia is using a network of shell companies \u2014 stretching from Dubai to China \u2014 to transfer gas from the US-sanctioned Arctic LNG 2 facility.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE links: <\/strong>Former Russian-managed vessels \u2014 the Velikiy Novgorod, Pskov, and La Perouse \u2014 have had aspects of their management transferred to Dubai-based firm Matias Ship Management in September. The company\u2019s address is at the same location as Dubai\u2019s Nur Global Shipping \u2014 another company suspected of gathering Russia\u2019s shadow fleet. The three vessels have been serving the smaller Portovaya LNG export plant on Russia\u2019s Baltic shore, which hasn\u2019t been subjected to Western sanctions; however, the UK sanctioned Velikiy Novgorod earlier this week and La Perouse last month.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Clandestine moves: <\/strong>Several companies with alleged links to Russia \u2014 largely registered in the UAE \u2014 <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/45ad90f3-fb15-4a4a-b9d5-2ca7028c1b91\/\" style=\"\" rel=\"noopener\">have been acquiring<\/a> dozens of LNG vessels as part of a plan by Moscow to expand its dark fleet operations. Since 2Q 2023, more than 50 LNG vessels have changed ownership to UAE-based companies. The developments in the LNG tanker market could point \u201cto a complex network of maritime operations potentially linked to Russian interests,\u201d data and analytics group Kpler told the Financial Times back in July. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#6- <\/strong><strong>Bahrain i<\/strong><strong>s looking to build a new airport that would replace Bahrain International <\/strong><strong>Airport (BIA) after it reaches its maximum capacity by 2035<\/strong>, Transport Minister Mohammed Al Kaabi told <a target=\"_blank\" href=\"https:\/\/www.thenationalnews.com\/business\/aviation\/2024\/10\/18\/bahrain-considers-building-new-airport-terminal-transport-minister-says\/\" style=\"\" rel=\"noopener\">The National<\/a> at Routes World. The greenfield project is part of the country\u2019s plan to boost tourism and air connectivity. The new airport would have a capacity of 40 mn to 50 mn annual passengers, a jump from BIA\u2019s current 14 mn annual passengers. \u201cWe are also evaluating the financial model. Will the government handle the project entirely or enter into partnership with the private sector? All options are on the table,\u201d the minister said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#7- <\/strong><strong>Brazilian plane manufacturer Embraer is studying the possibility of building a new <\/strong><strong>aircraf<\/strong><strong>t<\/strong>, CEO Francisco Gomes Neto told <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2024\/10\/18\/embraer-ceo-new-aircraft.html\" style=\"\" rel=\"noopener\">CNBC<\/a> on Friday. The new plane could potentially allow the company to compete with larger rivals Airbus and Boeing, which deliver hundreds of jets a year compared with Embraer\u2019s dozens of aircraft. However, \u201cat this point in time, we don\u2019t have concrete plans to go to a big narrow body,\u201d Gomes Neto said, adding that the planemaker is focused on improving results and selling its regional planes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Making moves: <\/strong>The Federal Aviation Administration approved a freighter version of its E190 passenger-to-freighter converted jet earlier this month. \u201cThis is maybe the advantage we have: We have a great product [that\u2019s] available,\u201d Gomes Neto said. Embraer delivered 16 commercial jets in 3Q 2024 \u2014 a 5% y-o-y increase. Including its defense and business jets, the company delivered over 57 jets during the period, a third more than last year. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Supply chain strains? <\/strong>Embraer is also facing post-pandemic supply chain constraints, with shortages in engines, hydraulic valves, and carbon cabin interiors. The supply chain problems are likely to ease in 2026, Gomes Neto added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">MARKET WATCH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Oil prices steadied in early morning trading in response to easing concerns over the <\/strong><strong>potential disruption to oil supply in the MENA<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/oil-prices-steady-after-7-weekly-drop-2024-10-21\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. Brent crude futures rose USD 0.08 to trade at USD 73.14 per barrel by 01.20 GMT, while US West Texas Intermediate (WTI) futures gained USD 0.10 to trade at USD 69.32 per barrel. Oil prices dropped 7% last week as concerns over oil demand in China grew on the back of weak economic growth.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Saudi Arabia was a top consumer of Russian fuel oil and vacuum <\/strong><strong>gasoil<\/strong><strong> (VGO) last <\/strong><strong>month<\/strong>, making it the second largest buyer after China, <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/business\/energy\/china-saudi-arabia-top-buyers-of-russian-fuel-oil-in-september-lseg-data-shows-r1hed24x\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing LSEG data. In September, total fuel oil and VGO exports from Russian ports climbed 2% from August, reaching around 4.2 mn metric tons, out of which some 0.7 mn tons were Saudi-bound \u2014 that is a 10% m-o-m dip following the end of peak summer demand.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong>Baltic index continues to fall<\/strong><strong>: <\/strong>The Baltic Exchange\u2019s dry bulk sea freight index \u2014 which tracks rates for the capesize, panamax, and supramax vessel segments \u2014 declined about <a target=\"_blank\" href=\"https:\/\/tradingeconomics.com\/commodity\/baltic\" style=\"\" rel=\"noopener\">1.1% to 1576 points<\/a> on Friday, registering at its lowest since April. The capesize index dropped 46 points to 2,276 points, while the panamax index shed 3 ponts to 1,285. The smaller supramax dipped 4 points to 1,250.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- <\/strong><strong>The Drewry World Container Index fell by 4% to USD 3,216 per 40-ft container on <\/strong><strong>Thursday<\/strong><strong>, <\/strong>according to the latest <a target=\"_blank\" href=\"https:\/\/www.drewry.co.uk\/supply-chain-advisors\/supply-chain-expertise\/world-container-index-assessed-by-drewry\" style=\"\" rel=\"noopener\">index readings<\/a>. Spot rates for 40-ft containers are now 69% below the previous pandemic peak of USD 10.4k in September 2021, but remains 126% above the pre-pandemic rate of USD 1.4k. The average composite index YTD is USD 4,058 per 40ft container, which is USD 1,225 higher than the 10-year average rate of USD 2,834.<\/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>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 <\/strong><strong>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 <\/strong><strong>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 will 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 <\/strong><strong>Friday, 15 November<\/strong> near Awali. 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\/boeing\/\">Boeing<\/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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href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/21\/bahri-secures-usd-756-mn-murabaha-financing-to-modernize-fleet\/\">\r\n                            Bahri secures USD 756 mn murabaha financing to modernize 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\/21\/bahri-secures-usd-756-mn-murabaha-financing-to-modernize-fleet\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                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href=\"https:\/\/api.whatsapp.com\/send?text=Bahri+secures+USD+756+mn+murabaha+financing+to+modernize+fleet+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F10%2F21%2Fbahri-secures-usd-756-mn-murabaha-financing-to-modernize-fleet%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\/21\/bahri-secures-usd-756-mn-murabaha-financing-to-modernize-fleet\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/855.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81778\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/21\/bahri-secures-usd-756-mn-murabaha-financing-to-modernize-fleet\/855-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/855.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"855.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/855.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/855.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81777\" class=\"content-area-description single-story post-81777 post type-post status-publish format-standard has-post-thumbnail hentry category-debt-watch tag-bahri tag-debt-watch tag-saudi-arabia tag-shipping-maritime 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\/.399a2fee-1aaf-45ed-a73e-2bbae9840788.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The National Shipping Company of Saudi Arabia (Bahri) secured a SAR 2.8 bn (USD 756 <\/strong><strong>mn) Murabaha financing agreement with Alinma Bank<\/strong>, Bahri said in <a target=\"_blank\" href=\"https:\/\/www.bahri.sa\/en\/news-insights\/news-insight\/2024\/bahri-signs-murabaha-financing-agreement-with-alinma-bank\/\" style=\"\" rel=\"noopener\">a press release<\/a> and <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=82994&amp;anCat=1&amp;cs=4030&amp;locale=en\" style=\"\" rel=\"noopener\">disclosure to Tadawul<\/a>. The 10-year facility is backed by mortgaging very large crude carriers (VLCCs) and will cover about 70% of the acquisition costs for nine new VLCCs. Bahri is partly owned by PIF and oil giant Aramco.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">This has been cooking for a while:<\/strong><span style=\"background-color: transparent;\"> Bahri inked a SAR 3.75 bn (c. USD 1 bn) agreement in August to acquire <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/c1e2af55-48ec-483b-a5a6-8945008732a3\/\" rel=\"noopener\">nine<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/c1e2af55-48ec-483b-a5a6-8945008732a3\/\" rel=\"noopener\"><\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/c1e2af55-48ec-483b-a5a6-8945008732a3\/\" rel=\"noopener\">VLCCs<\/a><span style=\"background-color: transparent;\"> from global shipping outfit Capital Maritime and Trading Corporation, with the vessels scheduled for delivery in batches before the close of 1Q 2025. Bahri paid 10% of the total upfront, with the remaining 90% due upon delivery, adding that the purchase would be financed by a combination of banking facilities and internally generated funds.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More on Bahri\u2019s fleet modernization plans: <\/strong>The nine newly acquired VLCCs will enable the energy carrier to phase out older vessels, the statement said. CEO Ahmed Ali Al Subaey also outlined plans last month for the company to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/044472ca-68e7-4907-8add-a1dd583bd1a4\" style=\"\" rel=\"noopener\">build 20-30 new LNG tankers<\/a> capable of hauling LNG, hydrogen, and ammonia through JVs with unnamed partners. Al Subaey had referenced general plans to upgrade the company\u2019s fleet in statements accompanying Bahri\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/20a01541-4d66-4589-9caa-8f2372287380\" style=\"\" rel=\"noopener\">2Q 2024 earnings<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/bahri\/\">Bahri<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/debt-watch\/\">DEBT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/shipping-maritime\/\">SHIPPING + MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"81779\" 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=\"81779\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/21\/iraq-and-turkmenistan-ink-gas-supply-agreement\/\">\r\n                            Iraq and Turkmenistan ink gas supply 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\/21\/iraq-and-turkmenistan-ink-gas-supply-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\/21\/iraq-and-turkmenistan-ink-gas-supply-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\/21\/iraq-and-turkmenistan-ink-gas-supply-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=Iraq and Turkmenistan ink gas supply agreement&url=https:\/\/enterpriseam.com\/logistics\/2024\/10\/21\/iraq-and-turkmenistan-ink-gas-supply-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\/21\/iraq-and-turkmenistan-ink-gas-supply-agreement\/&title=Iraq and Turkmenistan ink gas supply 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=Iraq+and+Turkmenistan+ink+gas+supply+agreement+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F10%2F21%2Firaq-and-turkmenistan-ink-gas-supply-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\/21\/iraq-and-turkmenistan-ink-gas-supply-agreement\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1749.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81780\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/21\/iraq-and-turkmenistan-ink-gas-supply-agreement\/1749-jpg-6\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1749.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1749.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1749.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1749.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81779\" class=\"content-area-description single-story post-81779 post type-post status-publish format-standard has-post-thumbnail hentry category-trade tag-iraq 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\/.bd6ad946-5c90-4911-a1a6-081db19308fe.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Iraq + Turkmenistan ink gas supply agreement:<\/strong> Iraq\u2019s Electricity Ministry has inked an agreement with Turkmenistan to import up to 20 mn cubic meters of gas per day to supply Iraq\u2019s power stations, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/MOEofficeIQ\/posts\/pfbid02jaaQAuAHQCkFCdbzu9CNvKeEFVfkKgSCxzpAffqMp297BZ6rWugMVp1xr3QWx3BUl\" style=\"\" rel=\"noopener\">statement<\/a> released on Saturday. The financial details of the agreements have not been disclosed.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">The details: <\/strong><span style=\"background-color: transparent;\">Turkmenistan is set to supply Iraq with 20 mn cubic meters of gas annually during summer season and 10 mn cubic meters during winter, Electricity Minister Ziad Fadil told <\/span><a target=\"_blank\" href=\"https:\/\/ina.iq\/eng\/35654-minister-of-electricity-unveils-to-ina-the-details-of-the-contract-to-supply-turkmenistan-gas-to-iraq.html\" rel=\"noopener\">INA<\/a><span style=\"background-color: transparent;\">. The gas from Turkmenistan will be imported to Iraq through Iranian pipeline networks using the SWAP mechanism in cooperation with Switzerland-based Loxstone Energy. The imported gas is set to provide 3k MW to Iraq.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We\u2019ve been expecting this:<\/strong> Iraq inked an agreement with Turkmenistan national gas company T\u00fcrkmengaz <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/740301a7-54cc-418b-b740-1c092244c633\/today:-a-financing-boost-for-hafeet-rail--%2B-qatarenergy-%2B-shell-ink-naphtha-supply-contract\" style=\"\" rel=\"noopener\">earlier this month<\/a> to implement a prepayment system for importing gas via Iran. Supplier Loxstone Energy will facilitate the transaction through a swap mechanism under a contract with the Iraqi government, which will be exempt from standard public contract procedures and federal budget regulations for the next three years.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This has been a long time coming: <\/strong>Iraq inked an agreement with Turkmenistan <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/384c2593-b8b0-4f2e-b2a1-659e87cabaed\/aramex-rolls-out-ev-fleet-in-uae-%2B-royal-jordanian-to-kick-off-capital-restructuring-program.-plus:-more-from-adnoc-l&amp;s,-etihad-cargo-and-others\" style=\"\" rel=\"noopener\">last year<\/a> to supply gas to meet the needs of production and electrical stations. This followed meetings between Iraqi ministries and representatives from Turkmenistan\u2019s gas sector back in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/f87d88a2-b7fe-409e-9c55-bdbd85147091\" style=\"\" rel=\"noopener\">August<\/a>, where they reached a preliminary gas import agreement to fuel the electric power plants. The turn to Turkmenistan for gas supply also comes as Iraq tries to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/f3b69c2a-2971-4aca-b982-d303c0d38421\" style=\"\" rel=\"noopener\">move away<\/a> from Iran to a country that has no imposed sanctions or supply issues.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/iraq\/\">Iraq<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"81781 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"81781\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/21\/81781\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81781\" class=\"content-area-description single-story post-81781 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/yanmuparks.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/425.jpg?ssl=1\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"81782\" 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=\"81782\">\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\">Roads<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/21\/oman-invests-omr-119-mn-in-road-development-projects\/\">\r\n                            Oman invests OMR 119 mn in road development projects                        <\/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\/21\/oman-invests-omr-119-mn-in-road-development-projects\/\" 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\/21\/oman-invests-omr-119-mn-in-road-development-projects\/')\">\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\/21\/oman-invests-omr-119-mn-in-road-development-projects\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Oman invests OMR 119 mn in road development projects&url=https:\/\/enterpriseam.com\/logistics\/2024\/10\/21\/oman-invests-omr-119-mn-in-road-development-projects\/\">\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\/21\/oman-invests-omr-119-mn-in-road-development-projects\/&title=Oman invests OMR 119 mn in road development projects\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Oman+invests+OMR+119+mn+in+road+development+projects+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F10%2F21%2Foman-invests-omr-119-mn-in-road-development-projects%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\/21\/oman-invests-omr-119-mn-in-road-development-projects\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1649.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81783\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/21\/oman-invests-omr-119-mn-in-road-development-projects\/1649-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1649.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1649.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1649.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1649.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81782\" class=\"content-area-description single-story post-81782 post type-post status-publish format-standard has-post-thumbnail hentry category-roads tag-oman tag-roads tag-transport 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\/.24195cfb-467b-43a5-9879-b3916109e24d.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Oman launching s<\/strong><strong>even new road projects<\/strong><strong>:<\/strong> Oman\u2019s Transport, Communications, and Information Technology Ministry is implementing seven new road projects worth a total of OMR 119 mn (USD 309 mn), according to a <a target=\"_blank\" href=\"https:\/\/www.mtcit.gov.om\/ITAPortal\/MediaCenter\/NewsDetail.aspx?NID=141338\" style=\"\" rel=\"noopener\">statement<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Sohar-Al Buraimi bridges: <\/strong><span style=\"background-color: transparent;\">The projects include the construction of five bridges on the Sohar-Al Buraimi dual carriageway, as well as installing metal and concrete barriers, which will cost OMR 6 mn. The dualization of the Izki-Nizwa road, extending 32 km, will cost OMR 46.8 mn and includes installing 10 roundabouts and vehicle underpasses. Another project includes completing work on the Al Ubaylah-Al Faiyad Road, stretching some 40 km in Al Buraimi Governorate. It will consist of two lanes and two bridges and cost OMR 19.4 mn.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Rasyut-Al Mughsayl Road: <\/strong>The dualization of the 33 km Rasyut-Al Mughsayl Road will improve connectivity between tourist destinations in Dhofar Governorate. The project will cost OMR 34.8 mn to build infrastructure including bridges, overpasses, and animal crossings. The ministry will also upgrade the existing 9.2 km Saih Qatnah Road in Al Jabal Al Akhdar for OMR 4.5 mn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Aqabat A\u2019afri Road: <\/strong>The projects also include the design and construction of the Aqabat A\u2019afri Road between the Wilayat of Samail and Izki, costing OMR 4.5 mn, and the completion of the 3.6 km long asphalt road from Al Buri village to Al Ainah village and the road in Al Saqari village in Samail stretching for 3 km. The Saih Al Khairat-Al Shasr Road in Dhofar Governorate will be designed and constructed. This will be a 46-km-long two-way road connecting Saih Al Khairat to the Shasr district, costing OMR 3.5 mn and serving farms in the Al Najd agriculture area.<\/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\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/roads\/\">roads<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/transport\/\">transport<\/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=\"81784\" 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=\"81784\">\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\">Moves<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/21\/emirates-appoints-new-global-operations-executives\/\">\r\n                            Emirates appoints new global operations executives                        <\/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\/21\/emirates-appoints-new-global-operations-executives\/\" 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\/21\/emirates-appoints-new-global-operations-executives\/')\">\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\/21\/emirates-appoints-new-global-operations-executives\/\">\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=Emirates appoints new global operations executives&url=https:\/\/enterpriseam.com\/logistics\/2024\/10\/21\/emirates-appoints-new-global-operations-executives\/\">\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\/21\/emirates-appoints-new-global-operations-executives\/&title=Emirates appoints new global operations executives\">\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=Emirates+appoints+new+global+operations+executives+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F10%2F21%2Femirates-appoints-new-global-operations-executives%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\/21\/emirates-appoints-new-global-operations-executives\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1747.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81785\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/21\/emirates-appoints-new-global-operations-executives\/1747-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1747.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1747.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1747.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1747.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81784\" class=\"content-area-description single-story post-81784 post type-post status-publish format-standard has-post-thumbnail hentry category-moves tag-aviation tag-emirates-airlines tag-moves 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\/.1daac144-445c-4adc-b0bf-42d8c052ffc1.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Emirates is restructuring its commercial teams effective 1 November<\/strong> <strong>as part of <\/strong><strong>strategic expansion plans<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.emirates.com\/media-centre\/emirates-consolidates-commercial-portfolios-to-prime-for-global-growth\/\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. The move follows a slew of management changes the carrier has implemented over the past few months, including the appointment of <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/ba967240-1870-42a7-982c-949610d74620\/%253cmark%253eemirates%253c%2Fmark%253e-appoints-new-commercial-managers-across-mena\" style=\"\" rel=\"noopener\">new commercial managers<\/a> in markets across the Middle East.<\/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 breakdown:<\/strong><span style=\"background-color: transparent;\"> Adil Al Ghaith has been promoted to Gulf, Middle East, and Africa Commercial Operations SVP. Thierry Aucoc (<\/span><a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/thierry-aucoc-693a353\/\" rel=\"noopener\">LinkedIn<\/a><span style=\"background-color: transparent;\">) has been appointed Europe and the Americas Commercial Operations Senior Vice President (SVP), moving from his current position as Europe and the Russian Federation's Commercial Operations SVP. Matthew Jones (<\/span><a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/matthew-jones-41808b45\/\" rel=\"noopener\">LinkedIn<\/a><span style=\"background-color: transparent;\">) \u2014 joining from his role as US regional sales manager \u2014 has been appointed US market VP, reporting directly to Aucoc. Lastly, Essa Sulaiman Ahmad (<\/span><a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/essa-ahmad-38b0527\/\" rel=\"noopener\">LinkedIn<\/a><span style=\"background-color: transparent;\">) \u2014 current US and Canada divisional VP \u2014 has been appointed West Asia and Indian Ocean SVP.<\/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\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/emirates-airlines\/\">Emirates Airlines<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/moves\/\">MOVES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/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=\"81786 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=\"81786\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/21\/81786\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81786\" class=\"content-area-description single-story post-81786 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=\"81787\" 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=\"81787\">\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\">A MESSAGE FROM TRANSMAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/21\/how-the-european-ets-tax-can-transform-egyptian-ports-into-global-transit-hubs\/\">\r\n                            How the European ETS tax can transform Egyptian ports into global transit hubs                        <\/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\/21\/how-the-european-ets-tax-can-transform-egyptian-ports-into-global-transit-hubs\/\" 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\/21\/how-the-european-ets-tax-can-transform-egyptian-ports-into-global-transit-hubs\/')\">\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\/21\/how-the-european-ets-tax-can-transform-egyptian-ports-into-global-transit-hubs\/\">\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=How the European ETS tax can transform Egyptian ports into global transit hubs&url=https:\/\/enterpriseam.com\/logistics\/2024\/10\/21\/how-the-european-ets-tax-can-transform-egyptian-ports-into-global-transit-hubs\/\">\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\/21\/how-the-european-ets-tax-can-transform-egyptian-ports-into-global-transit-hubs\/&title=How the European ETS tax can transform Egyptian ports into global transit hubs\">\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=How+the+European+ETS+tax+can+transform+Egyptian+ports+into+global+transit+hubs+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F10%2F21%2Fhow-the-european-ets-tax-can-transform-egyptian-ports-into-global-transit-hubs%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\/21\/how-the-european-ets-tax-can-transform-egyptian-ports-into-global-transit-hubs\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1206.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81788\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/21\/how-the-european-ets-tax-can-transform-egyptian-ports-into-global-transit-hubs\/1206-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1206.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1206.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1206.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1206.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81787\" class=\"content-area-description single-story post-81787 post type-post status-publish format-standard has-post-thumbnail hentry category-a-message-from-transmar tag-a-message-from-transmar tag-egypt tag-transmar 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\/.73bbe59a-936d-44ad-8285-5e787b0f1dc9.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The European Union's Emissions Trading System (ETS) is a cornerstone of the EU's <\/strong><strong>climate change policy, aiming to efficiently reduce greenhouse gas emissions.<\/strong> Kicking off in January 2024, the ETS will require shipping companies to purchase allowances for their CO2 emissions. The inclusion of the maritime sector in the ETS tax scheme is a game-changer for global trade, particularly for countries like Egypt. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ETS includes a specific regulation for shipping emissions affecting vessels that come within a 300-nautical-mile radius from EU territory.<\/strong> Dubbed the \u201cMRV\u201d (Monitoring, Reporting, and Verification) regulation, it applies to ships that start or end their voyage near the <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">EU, even if they don\u2019t operate directly between EU ports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>While it poses challenges for European shipping lines, it presents unprecedented opportunities for Egyptian ports.<\/strong> By leveraging their strategic location, cost advantages, and advanced facilities, Egyptian ports can emerge as key transit hubs for major liner operators.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Read more about the new regulation and its ripple effect on global trade <\/strong><strong><a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/10\/1197.pdf\" style=\"\" rel=\"noopener\">here (pdf)<\/a><\/strong><strong>.<\/strong><\/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\/a-message-from-transmar\/\">A MESSAGE FROM TRANSMAR<\/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\/transmar\/\">Transmar<\/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=\"81789\" 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=\"81789\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Also on Our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/21\/storage-cargo-zones-and-rail-updates-from-across-the-gcc-and-iraq\/\">\r\n                            Storage, cargo, zones and rail updates from across the GCC and Iraq                        <\/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\/21\/storage-cargo-zones-and-rail-updates-from-across-the-gcc-and-iraq\/\" 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\/21\/storage-cargo-zones-and-rail-updates-from-across-the-gcc-and-iraq\/')\">\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\/21\/storage-cargo-zones-and-rail-updates-from-across-the-gcc-and-iraq\/\">\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=Storage, cargo, zones and rail updates from across the GCC and Iraq&url=https:\/\/enterpriseam.com\/logistics\/2024\/10\/21\/storage-cargo-zones-and-rail-updates-from-across-the-gcc-and-iraq\/\">\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\/21\/storage-cargo-zones-and-rail-updates-from-across-the-gcc-and-iraq\/&title=Storage, cargo, zones and rail updates from across the GCC and Iraq\">\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=Storage%2C+cargo%2C+zones+and+rail+updates+from+across+the+GCC+and+Iraq+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F10%2F21%2Fstorage-cargo-zones-and-rail-updates-from-across-the-gcc-and-iraq%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\/21\/storage-cargo-zones-and-rail-updates-from-across-the-gcc-and-iraq\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1752.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81790\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/21\/storage-cargo-zones-and-rail-updates-from-across-the-gcc-and-iraq\/1752-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1752.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1752.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1752.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1752.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81789\" class=\"content-area-description single-story post-81789 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-etihad tag-iraq tag-kuwait tag-qatar tag-saudi-arabia tag-uae tag-zones wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/10\/.c3ae5c39-1710-4fb7-9c43-4405441a3f4c.mp3\"><\/audio><\/figure>\n<p class=\"tag-border-left\">CARGO-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Etihad Cargo boosting belly hold cargo capacity<\/strong><strong>:<\/strong> Etihad Airways\u2019 air cargo arm Etihad Cargo is expanding the belly hold cargo capacity on its passenger flights, increasing its flights per week to 880 in November and over 900 by March 2025, according to a <a target=\"_blank\" href=\"https:\/\/www.etihadcargo.com\/en\/news\/etihad-cargo-ramps-up-belly-hold-capacity-with-winter-schedule\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>** Tap or click the headline above to read this story with all of the links<\/strong> to our background and outside sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The breakdown:<\/strong> The carrier will launch a new A320 route to Kenya\u2019s Nairobi International Airport on 15 December, and is adding 36 weekly flights to Europe to destinations including Paris, Rome, Milan, and Frankfurt. Flight capacity will also be added to flights to Zurich, Manchester, and Dusseldorf. Flights to Mal\u00e9 will switch to widebody aircraft exclusively. Etihad will also increase its flights to Boston from four to daily flights, is set to add nine flights to its Thailand services, and increase the number of flights per week on its Bengaluru and Hyderabad services.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It doesn\u2019t end there: <\/strong>Etihad cargo will also add 41 extra flights as of summer 2025, and will launch two new routes to Warsaw and Prague, with four weekly flights to each.<\/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\">ZONES- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Schneider Electric opens new manufacturing facility in UAE<\/strong><strong>:<\/strong> French multinational energy management and automation firm Schneider Electric has launched a new manufacturing facility in the UAE\u2019s Hamriyah Freezone to provide AI-ready data center solutions, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/b5qubg7-schneider-electric-launches-new-manufacturing\" style=\"\" rel=\"noopener\">Wam<\/a> reported on Friday. The facility will produce and assemble AI-ready prefabricated modular data centers to address the region\u2019s expanding market, the news outlet says. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>SILZ + Sapphire<\/strong><strong> partner to build manufacturing facility in Saudi Arabia<\/strong><strong>:<\/strong> PIF-owned Alat subsidiary Sapphire has inked an lease agreement with Saudi Arabia\u2019s Special Integrated Logistics Zone Company (SILZ) to build a light manufacturing facility in Riyadh Integrated logistics freezone, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/special-integrated-logistics-zone-company-and-sapphire-a-strategic-investment-of-alat-partner-gp06lche\" style=\"\" rel=\"noopener\">statement<\/a> released on Wednesday. The facility, which will have a 40k sqm floor area and is slated for completion in 2025, will produce tech for the automation of advanced industrial services.<\/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\">STORAGE + WAREHOUSES-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Modon to launch self-storage facilities:<\/strong> The Saudi Authority for Industrial Cities and Technology Zones (Modon) inked a SAR 880 mn MoU with the Luxembourg-based family office <a target=\"_blank\" href=\"https:\/\/sadelgroup.com\/\" style=\"\" rel=\"noopener\">Sadel Group<\/a> to build self-storage facilities, in a bid to support the food industry supply chain in Jeddah\u2019s industrial cities, Modon said in a <a target=\"_blank\" href=\"https:\/\/x.com\/modon_ksa\/status\/1846795386783936632\" style=\"\" rel=\"noopener\">post on X<\/a>. Other signatories included the Investment Ministry, and the Transport and Logistic Services Ministry.<\/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\">LOGISTICS HANDLING<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Aramex + ZK Holding set up<\/strong><strong> logistics JV: <\/strong>UAE-based logistics provider Aramex has launched a JV with Abu-Dhabi based investment company ZK Holding to boost logistics, shipping, and courier services in Iraq, with operations expected to start in 2025, according to a <a target=\"_blank\" href=\"https:\/\/www.aramex.com\/us\/en\/media-details\/news\/news-details?contentid=9ea4c388-b3f2-659d-9310-ff0100e7fe0c&module=stories\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The JV will provide fully integrated services that include domestic and international courier<\/strong>, freight forwarding, and contact logistics to support local, international, corporate, and retail businesses, as well as facilitate cross-border trade. It will unlock new trade lanes and provide access to new markets for businesses in Iraq, according to the statement. Aramex will be able to expand its footprint in Iraq through ZK Holding to over 7k points of sales across the country for widespread pick-up and drop-off services.<\/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\">RAIL-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Kuwait and Qatar are making headway on<\/strong><strong> a megaproject to link all GCC <\/strong><strong>countries <\/strong><strong>by rail<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.newsweek.com\/250-billion-mega-rail-project-gulf-states-1970603\" style=\"\" rel=\"noopener\">Newsweek<\/a> reported on Thursday, citing a <a target=\"_blank\" href=\"https:\/\/www.gcc-sg.org\/en-us\/MediaCenter\/NewsCooperation\/News\/Pages\/news2024-10-8-3.aspx\" style=\"\" rel=\"noopener\">statement<\/a>. Qatar has prepared design and construction documents for its section of the project, while Kuwait is in the process of sorting consultancy agreements for its design, which is expected to be completed by the end-of-year, GCC General Secretary Jasem Mohamed Albudaiwi said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details:<\/strong> The GCC Railways Authority and General Secretariat have made progress to \u201cadvance the phases of the railway connection project\u201d between the GCC states, Albudaiwi said, noting that a number of early elements of the project have now been completed. GCC transport ministers set December 2030 as a target date for the launch of the GCC railway project <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/c7432684-6f0f-40c1-b9df-4444ca62c7ad\/%253cmark%253egcc%253c%2Fmark%253e-looks-to-operate%253cmark%253e-railway%253c%2Fmark%253e-project-by-2030\" style=\"\" rel=\"noopener\">last November<\/a>. Once running, the railway is expected to be able to transport 201 mn tons of freight, which should rise to 271 mn tons by 2045, Albudaiwi said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background: <\/strong>The project to link Kuwait, Saudi Arabia, the UAE, Oman, Bahrain, and Qatar by rail was first <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/b3e1bfec-1c25-400a-9027-4c1c4f625bbd\" style=\"\" rel=\"noopener\">ratified in 2009<\/a>, but numerous delays meant that feasibility studies were only completed in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/847bf778-b996-4a1f-a5f9-e97044ba2ecb\" style=\"\" rel=\"noopener\">May<\/a> of last year. The project was previously projected to cost some <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/897c59a8-c71f-4481-ab49-821b357812d5\" style=\"\" rel=\"noopener\">USD 15 bn in investments<\/a>. The Saudi cabinet later <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/897c59a8-c71f-4481-ab49-821b357812d5\" style=\"\" rel=\"noopener\">gave its go-ahead<\/a> to a 111 km freight and passenger railway connection with Kuwait as part of the initiative in September.<\/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>Alexandria Port Authority <\/strong><strong>receives new tug: <\/strong>Egypt\u2019s Alexandria Port Authority has added a new marine tugboat, the Mukhtar, to its fleet. The 35 m long vessel has a pulling force of 70 tons and was built locally under the port\u2019s supervision. (<a target=\"_blank\" href=\"https:\/\/apa.gov.eg\/en\/%d8%a7%d9%84%d9%87%d9%8a%d8%a6%d8%a9-%d8%a7%d9%84%d8%b9%d8%a7%d9%85%d8%a9-%d9%84%d9%85%d9%8a%d9%86%d8%a7%d8%a1-%d8%a7%d9%84%d8%a3%d8%b3%d9%83%d9%86%d8%af%d8%b1%d9%8a%d8%a9-%d8%aa%d8%b3%d8%aa%d9%84-2\/\" style=\"\" rel=\"noopener\">Statement<\/a>) <\/li>\n<li><strong>Tbilisi Port to launch in January 2025:<\/strong> Georgia\u2019s Tbilisi Dry Port, which is majority owned by the UAE\u2019s AD Ports Group, is set to start operations in January 2025 instead of <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/9c43f157-d536-4603-bcfd-53079e5e52d5\/ad-ports-acquires-60%2525-of-georgia%25e2%2580%2599s%253cmark%253e-tbilisi-dry-port%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">4Q 2024<\/a>. (<a target=\"_blank\" href=\"https:\/\/www.adportsgroup.com\/en\/news-and-media\/2024\/10\/16\/ad-ports-group-delegation-welcomed-by-georgian-first-vice-prime-minister-in-tbilisi\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>Algeria + Qatar discuss mariti<\/strong><strong>me development: <\/strong>Algeria and Qatar\u2019s transport ministries met up to discuss bilateral cooperation in ports, maritime transportation, and establishing a maritime link between the two countries. (<a target=\"_blank\" href=\"https:\/\/www.facebook.com\/qterminals.wll\/posts\/pfbid0a2t1eRMaoSnR76TD9ofJRYF9pLjb47J5fQgqtPLytWiQV1iuDWUXjE8oz59VWkMRl\" style=\"\" rel=\"noopener\">Statement<\/a>) <\/li>\n<li><strong>Aramex inks agreement with EPA: <\/strong>Aramex inked an MoU with the Emirates Publishers Association (EPA) to provide logistics services to publishers in the UAE to ensure the sustainability of the book industry, facilitate the distribution of publications, and help manage business costs. (<a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/1468366-epa-aramex-bolster-logistics-support-for\" style=\"\" rel=\"noopener\">Wam<\/a>)<\/li>\n<li><strong>Mawani + HPA partner up on port development:<\/strong> Saudi Arabia\u2019s Port Authority (Mawani) has signed an MoU with the Hamburg Port Authority and Hamburg Port Consulting on modernizing port operations, digitalization, optimizing waterborne port transport infrastructure, and enhancing port efficiency. (<a target=\"_blank\" href=\"https:\/\/www.offshore-energy.biz\/saudi-hamburg-port-authorities-partner-up-on-innovations-in-port-sector\/\" style=\"\" rel=\"noopener\">Offshore Energy<\/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\/etihad\/\">Etihad<\/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\/kuwait\/\">Kuwait<\/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\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/zones\/\">ZONES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"81791 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=\"81791\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/21\/81791\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81791\" class=\"content-area-description single-story post-81791 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=\"81792\" 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=\"81792\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Around the World<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/21\/airbus-explores-setting-up-hydrogen-infrastructure-in-japanese-airports\/\">\r\n                            Airbus explores setting up hydrogen infrastructure in Japanese airports                        <\/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\/21\/airbus-explores-setting-up-hydrogen-infrastructure-in-japanese-airports\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" 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href=\"https:\/\/x.com\/intent\/post?text=Airbus explores setting up hydrogen infrastructure in Japanese airports&url=https:\/\/enterpriseam.com\/logistics\/2024\/10\/21\/airbus-explores-setting-up-hydrogen-infrastructure-in-japanese-airports\/\">\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\/21\/airbus-explores-setting-up-hydrogen-infrastructure-in-japanese-airports\/&title=Airbus explores setting up hydrogen infrastructure in Japanese airports\">\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=Airbus+explores+setting+up+hydrogen+infrastructure+in+Japanese+airports+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F10%2F21%2Fairbus-explores-setting-up-hydrogen-infrastructure-in-japanese-airports%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\/21\/airbus-explores-setting-up-hydrogen-infrastructure-in-japanese-airports\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1745.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81793\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/21\/airbus-explores-setting-up-hydrogen-infrastructure-in-japanese-airports\/1745-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1745.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1745.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1745.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1745.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81792\" class=\"content-area-description single-story post-81792 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-airbus tag-around-the-world tag-decarbonization tag-japan 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\/.fd17e19a-534d-4254-be01-b078387bb33c.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Airbus to integrate hydrogen infrastructure at three Japanese airports<\/strong><strong>:<\/strong> Airbus has inked an MoU with Japan\u2019s Kansai Airport and Kawasaki Heavy Industries to explore the feasibility of hydrogen infrastructure at three airports managed by Kansai Airports in Japan, according to a <a target=\"_blank\" href=\"https:\/\/www.airbus.com\/en\/newsroom\/press-releases\/2024-10-airbus-kansai-airports-kawasaki-heavy-industries-to-accelerate\" style=\"\" rel=\"noopener\">statement<\/a>. Under the agreement, the group will study the feasibility of operating hydrogen aircraft and supplying hydrogen to planes at Kansai International Airport, Osaka International Airport, and Kobe Airport. The move aligns with Kansai Airport\u2019s goal of achieving net-zero greenhouse gas emissions by 2050, says the statement.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">OTHER STORIES WORTH KNOWING THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>UK has more sanctions for Russia<\/strong><strong>:<\/strong> The UK has added 18 Russian oil tankers and four LNG ships to its sanctions list in an effort to clamp down on the country\u2019s so-called dark fleet. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/uk-imposes-sanctions-russian-oil-lng-vessels-2024-10-17\/\" style=\"\" rel=\"noopener\">Reuters<\/a>)<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/airbus\/\">Airbus<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/decarbonization\/\">decarbonization<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/japan\/\">Japan<\/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=\"81794\" 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\/21\/81794\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81794\" class=\"content-area-description single-story post-81794 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>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>Bahri inks murabaha financing to modernize fleet | Iraq and Turkmenistan sign gas supply agreement | Road developments coming for Oman<\/p>\n","protected":false},"featured_media":81773,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-81772","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"712bf8dc-dcad-4beb-b67c-71a97b405464","teaser":"Bahri inks murabaha financing to modernize fleet | Iraq and Turkmenistan sign gas supply agreement | Road developments coming for Oman","photo_url":"https:\/\/ent.news\/2024\/2\/1178.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>Bahri secures USD 756 mn murabaha financing to modernize fleet - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, 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