{"id":81935,"date":"2024-10-28T00:00:00","date_gmt":"2024-10-28T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=81935"},"modified":"2025-12-15T15:32:17","modified_gmt":"2025-12-15T15:32:17","slug":"kuwait-to-invest-usd-3-3-bn-into-abdali-economic-zone","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/kuwait-to-invest-usd-3-3-bn-into-abdali-economic-zone\/","title":{"rendered":"Kuwait to invest USD 3.3 bn into Abdali Economic Zone"},"content":{"rendered":"<section id=\"81937\" 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=\"81937\">\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\/28\/today-boeing-strike-continues-with-concerns-rising-over-potential-impact-more-flights-to-iraq-iran-jordan-and-lebanon-suspended\/\">\r\n                            TODAY: Boeing strike continues, with concerns rising over potential impact + More flights to Iraq, Iran, Jordan, and Lebanon suspended                        <\/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\/28\/today-boeing-strike-continues-with-concerns-rising-over-potential-impact-more-flights-to-iraq-iran-jordan-and-lebanon-suspended\/\" 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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Let\u2019s dive in. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG LOGISTICS STORY ABROAD- <\/strong><strong>No end in sight<\/strong><strong> for Boeing strike:<\/strong> Boeing\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/36d8252c-567f-41fa-b06b-b15b084a8727\/%253cmark%253eboeing%253c%2Fmark%253e-withdraws-offer-as-union-talks-hit-another-stalemate\" style=\"\" rel=\"noopener\">machinist strike<\/a> has entered its sixth-week after factory workers voted to reject a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/6cde27f9-3e87-4ccf-849f-3a249fb07d9c\/today:-bahri%25e2%2580%2599s-fleet-upgrade-gets-a-financing-boost-%2B-iraq-inks-a-gas-supply-agreement-with-turkmenistan\" style=\"\" rel=\"noopener\">wage offer<\/a> on Thursday, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/aerospace-defense\/boeing-braces-union-vote-wage-deal-that-could-end-costly-strike-2024-10-23\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. The vote came in at 64% in opposition to the offer, a major setback for <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/b62cd8ae-2378-4d75-8425-15fd71be24c6\/today:-dubai-industrial-city-breaks-ground-on-f&b-logistics-hub-%2B-morocco-unveils-rail-expansion-strategy\" style=\"\" rel=\"noopener\">CEO Kelly Ortberg<\/a>, who took the reins in August. Boeing\u2019s offer included <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/6cde27f9-3e87-4ccf-849f-3a249fb07d9c\/today:-bahri%25e2%2580%2599s-fleet-upgrade-gets-a-financing-boost-%2B-iraq-inks-a-gas-supply-agreement-with-turkmenistan\" style=\"\" rel=\"noopener\">a 35% pay hike<\/a> over four years, a one-time USD 7k ratification bonus, a reinstated incentive plan, and enhanced contributions to workers' retirement plans. The offer still falls short of the union\u2019s targeted 40% pay bump and does not include the reinstitution of defined benefit pensions. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- <\/strong>The strike is <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\">taking place<\/a> at Boeing\u2019s 737 Max Jets production hub, worsening the company\u2019s already existing supply chain issues and <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\">delivery<\/a> delays. Purchase orders for the company\u2019s 737, 767 and 777 jets have been halted 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>P<\/strong><strong>ressure is mounting<\/strong><strong>: <\/strong>As the strike persists, Boeing\u2019s suppliers are feeling the growing pressure, with five suppliers saying that a further continuation of the strike would force the companies to freeze investments, furlough workers, or even consider halting production, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/aerospace-defense\/unions-rejection-boeing-offer-threatens-jobs-aerospace-suppliers-2024-10-25\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported last week. The White House is continuing to \u201cencourage parties to continue working to achieve an agreement that works, certainly for all parties,\" White House press secretary Karine Jean-Pierre told reporters on Thursday, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/aerospace-defense\/white-house-urges-boeing-striking-union-work-reach-deal-2024-10-24\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The story grabbed a lot on ink in the int\u2019l press over the weekend:<\/strong> <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/boeing-strike-vote-ca1326b3512b577bba76bee9e9e66a17\" style=\"\" rel=\"noopener\">AP<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/newsletters\/2024-10-24\/boeing-unions-reject-offer-will-continue-strike\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/cd1fa412-1230-45d3-b560-ee17b04b9de0\" style=\"\" rel=\"noopener\">Financial Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/business\/airlines\/boeing-union-vote-end-strike-9036e136\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2024\/10\/23\/business\/boeing-union-vote-strike.html\" style=\"\" rel=\"noopener\">The New York Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.washingtonpost.com\/business\/2024\/10\/23\/boeing-strike-contract-financial-loss\/\" style=\"\" rel=\"noopener\">Washington Post<\/a> | <a target=\"_blank\" href=\"https:\/\/edition.cnn.com\/2024\/10\/23\/business\/boeing-strike-vote\/index.html\" style=\"\" rel=\"noopener\">CNN<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bbc.com\/news\/articles\/cp9zrylmdk0o\" style=\"\" rel=\"noopener\">BBC<\/a> <\/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>Egypt\u2019s <\/strong><strong>Internal Trade Development Authority<\/strong><strong> is inking agreements for three commercial and logistics zones in Beni Suef <\/strong><strong>and Sharqia governorates <\/strong>with two firms including Emaar, <a target=\"_blank\" href=\"https:\/\/almalnews.com\/%d8%a7%d9%84%d8%aa%d8%ac%d8%a7%d8%b1%d8%a9-%d8%a7%d9%84%d8%af%d8%a7%d8%ae%d9%84%d9%8a%d8%a9-%d8%a5%d9%82%d8%a7%d9%85%d8%a9-3-%d9%85%d9%86%d8%a7%d8%b7%d9%82-%d9%84%d9%88%d8%ac%d8%b3%d8%aa\/\" style=\"\" rel=\"noopener\">Al Mal<\/a> quotes ITDA Head Heba El Sayed as saying. <\/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\">PSAs-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a> <\/strong><strong>#1- More flights suspended:<\/strong> Regional and international carriers suspended or rerouted flights to Iran, Iraq, Jordan, and Lebanon on the back of escalating tensions in the region and following Israel\u2019s attacks on Iran over the weekend in retaliation of Iran\u2019s 1 October attack. Here are the updates: <\/p>\n<ul>\n<li><strong>Qatar Airways<\/strong> <strong>temporarily suspended flights to and from Iraq, Iran, and Lebanon<\/strong> until further notice, and will operate flights to Amman during daylight hours only, according to a <a target=\"_blank\" href=\"https:\/\/www.qatarairways.com\/en\/travel-alerts.html\" style=\"\" rel=\"noopener\">travel notice<\/a>. <\/li>\n<li><strong>German carrier Lufthansa is extending its suspension of flights to Tehran and Beirut until early 2025<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.lufthansa.com\/eg\/en\/flight-information\" style=\"\" rel=\"noopener\">travel update<\/a>. <\/li>\n<li><strong>SWISS will be <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.swiss.com\/eg\/en\/fly\/flight-information\/current-information\" style=\"\" rel=\"noopener\">halting<\/a><\/strong><strong> flights to Beirut up to and including 18 January 2025<\/strong>, <\/li>\n<li><strong>Egypt\u2019s flagship carrier EgyptAir <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EGYPTAIR\/posts\/pfbid02XCxfF3v1oH8EwbSheQcmxNhC7fhURdA5Y7f1hr5gBqTjgyZSjLPQ5cw8AmMikeHFl\" style=\"\" rel=\"noopener\">canceled<\/a><\/strong><strong> flights to Baghdad and Erbil<\/strong> <strong>in Iraq and Amman, Jordan<\/strong> on Saturday on the back of regional tensions, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EGYPTAIR\/posts\/pfbid02XCxfF3v1oH8EwbSheQcmxNhC7fhURdA5Y7f1hr5gBqTjgyZSjLPQ5cw8AmMikeHFl\" style=\"\" rel=\"noopener\">statement<\/a>. <\/li>\n<li><strong>Iraq\u2019s Transport Ministry suspended flights on Saturday across all airports<\/strong> until further notice, following the Israeli airstrikes against Iranian military targets on Saturday, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/iraq-suspends-flights-until-further-notice-due-regional-tensions-ina-says-2024-10-26\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing INA. <\/li>\n<li><strong>Flydubai suspended or rerouted its flights to Jordan, Ira<\/strong><strong>q, Iran, and <\/strong><strong>Israel<\/strong> on Saturday following Israel\u2019s airstrikes on Tehran, a spokesperson for the budget airline told <a target=\"_blank\" href=\"https:\/\/www.khaleejtimes.com\/business\/aviation\/dubai-some-flydubai-flights-cancelled-diverted-after-israeli-strikes-on-iran\" style=\"\" rel=\"noopener\">Khaleej Times<\/a>. <\/li>\n<li><strong>Abu Dhabi\u2019s Etihad Airways redirected several of its flights on Saturday<\/strong>, anticipating that disruptions would last for the next 48 hours, a spokesperson told Khaleej Times.<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Vessels can start booking anchorage services as of 1 November at Jebel Ali\u2019s new <\/strong><strong>anchorage area<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.dubaitrade.ae\/en\/news-announcements\/dp-world\/introduction-of-anchorage-and-harbour-master-services-in-jebel-ali\" style=\"\" rel=\"noopener\">statement<\/a>. Services will include bunkering, crew changes, repairs, and special technical services, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/10\/2355.pdf\" style=\"\" rel=\"noopener\">separate circular (pdf)<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> [wwtt1] #1-<\/strong> <strong>Tender issued for Oman\u2019s Al Mudhaibi Industrial City:<\/strong> Oman\u2019s Public Establishment for Industrial Estates (Madayn) has issued a tender for the establishment of Al Mudhaibi Industrial City in North Al Sharqiyah governorate, <a target=\"_blank\" href=\"https:\/\/www.omanobserver.om\/article\/1161197\/business\/tender-for-al-mudhaibi-industrial-city-launched\" style=\"\" rel=\"noopener\">Oman Observer<\/a> reported on Saturday. The first steps for the project \u2014 which include soil testing, traffic analysis, and topographical studies \u2014 have been completed. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details:<\/strong> The first phase will cover 2.5 mn sqm and include essential services, including roads, water, and sewage systems. The city \u2014 situated near Oman\u2019s primary road networks \u2014 will be connected to major ports and border crossings and will boast a 100k sqm area for logistics. The city will also have designated zones for agricultural investments. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> <a id=\"wwtt2\"><\/a> #2-<\/strong> <strong>The design of the railway and topographic survey for Ira<\/strong><strong>q\u2019s Development <\/strong><strong>Road <\/strong><strong>Project is complete<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.motrans.gov.iq\/?article=2423\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. Phase one of Iraq\u2019s Grand Faw Port, a key part of the project, will be completed in 2025, with five berths already constructed.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background:<\/strong> The UAE, Iraq, Turkey, and Qatar signed a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/3744dd31-6545-4565-8e86-d0daf8ba5883\" style=\"\" rel=\"noopener\">preliminary agreement<\/a> in April to work together on the Development Road project, which aims to connect the Grand Faw Port to Turkey's border via a rail and road network. The Iraqi Transport Ministry inked an agreement <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/19c6910a-8b3d-4656-8415-8cb6e130ea84\" style=\"\" rel=\"noopener\">in July<\/a> with consulting firm Oliver Wyman to help market the project, supervise investments, and provide economic advisory services for strategic government projects.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt4\"><\/a> #4-<\/strong> <strong>Strong demand and higher freight rates have led shipping giant Hapag-Lloyd <\/strong><strong>to <\/strong><strong>boost its outlook<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/autos-transportation\/hapag-lloyd-raises-full-year-outlook-stronger-than-expected-demand-2024-10-24\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Thursday. Despite increased expenses due to shipping diversions around the Cape of Good Hope to avoid the Red Sea, the firm expects its earnings before interest, taxes, depreciation, and amortization (EBITDA) for 2024 to be between USD 4.6 bn to USD 5 bn, up from prior forecasts of USD 3.5 bn to USD 4.6 bn. However, the forecast could still be impacted by unpredictable geopolitical challenges and shifting freight rates. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A boost from increased rates:<\/strong> Since late last year, attacks on international shipping in the Red Sea by Iran-aligned Houthi militants from Yemen have compelled shipping companies to divert traffic from the Suez Canal to the longer route around Africa. \u201cThe transport times are much longer, which is why we needed significantly more capacity and bought capacity. Despite this, demand was relatively high and capacity was scarce or is still scarce,\" the spokesperson added. \u201cWhen capacity is relatively tight, rates simply go up. This was particularly the case on the Far East to Europe route,\u201d a Hapag-Llloyd spokesperson told the newswire. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#5-<\/strong> <strong>Qatar\u2019s Hamad Port expects to receive over 2k ships by the end of this year<\/strong>, up from 1.6k vessel entries last year, Executive Director Nabil Al-Khaldi told Qatar Television during an <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/MOTCQATAR\/posts\/pfbid0GNPEUJwiKUoyT53pKNqpn5ZCbpkDaudk2CGtNUfBah7moNJpZY1pS1qorJ7922Txl\" style=\"\" rel=\"noopener\">interview (00.12)<\/a> published on Thursday. Some 28 shipping lines are currently serving the port, with some 1.1k vessel entries recorded so far, Al-Khaldi said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#6-<\/strong> <strong>Iran and Russia are set to finalize agreements for long-term collaboration<\/strong>, including the signing of gas and corridor contracts, semi-official Iranian news agency <a target=\"_blank\" href=\"https:\/\/en.mehrnews.com\/news\/223470\/Iran-Russia-to-sign-long-term-comprehensive-agreements\" style=\"\" rel=\"noopener\">Mehr<\/a> reports. Russian President Vladimir Putin invited Iranian President Masoud Pezeshkian to Russia for an official visit to sign the agreements between the two countries. The agreements set to be signed should also include the transfer of Russian gas to Iran and an agreement related to the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/39acdec7-d93f-4f19-91b6-0881f2fc6400\" style=\"\" rel=\"noopener\">North-South corridor<\/a>, Iran\u2019s ambassador to Russia Kazem Jalali told IRNA in an interview on the sidelines of the BRICS summit. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Iran and Russia signed an agreement in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/6779dbde-de87-427d-af2e-f500dff48b90\/iran-and-russia-ink-eur-1.6-bn-agreement-to-build-rasht-astara-railway\" style=\"\" rel=\"noopener\">May 2023<\/a> to construct the Rasht-Astara railway, completing the 7.2k km International North-South Transport Corridor (INSTC), which is a network of ship, rail, and road routes connecting South Asia to Europe.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#7-<\/strong> <strong>Ukraine MP calls for UK to reconsider ties with <\/strong><strong>DP World<\/strong><strong>:<\/strong> A Ukrainian MP is calling on UK ministers to re-evaluate the country\u2019s financial ties to UAE-based logistics giant DP World due to its business operations with Russia, as the firm is a partner in Russia\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/d56ee4bd-ae3c-48b0-97de-e32714e4bf00\/russia-looks-to-expands-its-trade-corridors-with-asia-to-sidestep-sanctions\" style=\"\" rel=\"noopener\">Northern Sea Route<\/a> project, <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/business\/2024\/oct\/26\/p-and-o-ferries-owner-dp-world-russia-links\" style=\"\" rel=\"noopener\">the Guardian<\/a> reports. \u201cBritain should not be doing business with a company doing [business] in Russia. We are in favor of the total isolation of Russia,\u201d Ukrainian MP and Foreign Policy and Interparliamentary Cooperation Chairman Oleksandr Merezhko told <a target=\"_blank\" href=\"https:\/\/democracyforsale.substack.com\/p\/starmer-urged-to-cut-ties-with-p-and-o-ferries-russia-putin-dp-world-rosatom\" style=\"\" rel=\"noopener\">Democracy for Sale<\/a> in an interview on Saturday.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> DP World committed GBP 1 bn (c. USD 1.3 bn) in investments <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/edb9e30d-ec82-4492-a609-682f485cadc8\/dp-world-resolves-uk-row-%2B-aims-to-commit-gbp-1-bn-towards%253cmark%253e-london-gateway%253c%2Fmark%253e-today\" style=\"\" rel=\"noopener\">earlier this month<\/a> for the DP World-operated London Gateway port following a temporary pause in plans. DP World executives were reportedly angered by comments by UK transport secretary Louise Haigh and UK Deputy Prime Minister Angela Rayner regarding working practices at DP World\u2019s subsidiary P&O Ferries, with Haigh calling DP \u201crogue employers\u201d and calling for a boycott. UK Prime Minister Keir Starmer clarified that Haigh\u2019s comments were not \u201cthe view of the government\u201d \u2014 and DP World had welcomed the PM\u2019s intervention.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#8- <\/strong><strong>Egypt, Italy to launch new ro-ro shipping line next month:<\/strong> A new ro-ro shipping line connecting Damietta Port with Italy\u2019s Port of Trieste will begin operations by the end of November, <a target=\"_blank\" href=\"https:\/\/almalnews.com\/%d8%b3%d9%81%d9%8a%d8%b1-%d8%a5%d9%8a%d8%b7%d8%a7%d9%84%d9%8a%d8%a7-%d9%84%d8%af%d9%89-%d8%a7%d9%84%d9%82%d8%a7%d9%87%d8%b1%d8%a9-%d8%aa%d8%af%d8%b4%d9%8a%d9%86-%d8%ae%d8%b7-%d9%85%d9%84%d8%a7%d8%ad\/\" style=\"\" rel=\"noopener\">Al Mal<\/a> reports, citing Italy\u2019s ambassador to Egypt Michele Quaroni. The route aims to facilitate the transport of perishable agricultural commodities to European markets and marks Italy\u2019s first direct maritime link with Africa, Quaroni said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Remember: <\/strong>Egypt\u2019s Transport Ministry in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ae5de47b-0445-4865-98a5-146ec93628d2\/gov%25e2%2580%2599t%25e2%2580%2599s-pharos-energy-bill-rises-to-usd-37-mn.-plus:-schneider-solar-projects,-tata-motors-team-up-with-mm-group,-valu-%2B-bosta-%2B-paytabs,-heliopolis-housing-project,-nokia-factory,-new-adib-microfinance-firm\" style=\"\" rel=\"noopener\">January<\/a> said that the new line would launch by the end of 1H 2024.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">MARKET WATCH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong>Oil prices <\/strong><strong>slumped early <\/strong>on the back of the ongoing conflict in the Middle East and the upcoming US elections taking place next month, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/oil-heads-weekly-gain-middle-east-tensions-keep-traders-edge-2024-10-25\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. Brent crude gained USD 1.67 to USD 76.05 a barrel, while US West Texas Intermediate (WTI) rose USD 1.59 to USD 71.78 a barrel. The market seems to be \u201cbouncing around in a holding pattern till we get an answer to some of these questions on Israel, the war and the [US] election,\u201d Price Futures Group senior analyst Phil Flynn told the newswire.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Prices slipped 5% to start the week on the news that Israel\u2019s retaliation against Iran spared Iran\u2019s crude facilities<\/strong>, Bloomberg reports. Brent crude traded below USD 73 a barrel and WTI inched close to USD 68 after paring losses. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>Baltic index continues decline<\/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 dropped <a target=\"_blank\" href=\"https:\/\/tradingeconomics.com\/commodity\/baltic\" style=\"\" rel=\"noopener\">0.5%<\/a> on Friday to its lowest reading since January. The capesize index fell three points, while the panamax index lost another 15 points and the smaller supramax fell 5 points.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong>The Drewry World Container Index fell by 4% to USD 3,095 per 40-ft container on<\/strong> <strong>Thursday<\/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 70% below the previous pandemic peak of USD 10.4k in September 2021, but remain 118% above the pre-pandemic rate of USD 1.4k. The average composite index YTD is USD 4,036 per 40ft container, which is USD 1,200 higher than the 10-year average rate of USD 2,836.<\/p>\n<p class=\"tag-border-left\">DATA POINT- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Dubai aviation sector is projected to contribute AED 196 bn (c. USD 53 bn) worth of <\/strong><strong>gross value to the economy, equating to 32% of the emirate's GDP, by 2030,<\/strong> an increase from AED 137 bn reported in 2023, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/10\/2180.pdf\" style=\"\" rel=\"noopener\">report (pdf)<\/a> from <a target=\"_blank\" href=\"https:\/\/www.emirates.com\/media-centre\/aviations-substantial-contribution-to-dubais-economy-revealed-in-latest-report\/#\" style=\"\" rel=\"noopener\">Emirates Group, Dubai Airports,<\/a> and research firm Oxford Economics.The core impact of the sector is expected to grow to AED 132 bn, accounting for 22% of GDP, while supporting approximately 386k jobs. Overall, the total number of jobs in the aviation sector is forecasted to rise to 816k representing one-quarter of all jobs in Dubai by 2030.<\/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;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">CIRCLE YOUR CALENDAR-<\/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;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>Egypt will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/egypts-2024-autotech-exhibition-for-automotive-aftermarket-and-feeder-industries-to-kick-off-in-november-e92c1762\" style=\"\" rel=\"noopener\">Autotech Exhibition<\/a><\/strong><strong> on Sunday, 17 November until Tuesday, 19 <\/strong><strong>November<\/strong> in Cairo. The event will bring together prominent local and international companies to discuss and evaluate the latest developments and trends in the automotive aftermarket and feeder industries.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Check out our full calendar<\/strong> at the bottom of this email for a comprehensive listing of upcoming news events and news triggers.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/boeing\/\">Boeing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n               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class=\"f-graphik\">Zones<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/28\/kuwait-to-invest-usd-3-3-bn-into-abdali-economic-zone-inks-usd-1-3-bn-road-maintenance-contracts\/\">\r\n                            Kuwait to invest USD 3.3 bn into Abdali Economic Zone + inks USD 1.3 bn road maintenance contracts                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/336.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"336.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/336.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/336.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81940\" class=\"content-area-description single-story post-81940 post type-post status-publish format-standard has-post-thumbnail hentry category-zones tag-kuwait tag-rail tag-roads tag-trade 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\/.c0922cd6-aa02-460b-9f94-a70354c18793.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> <\/strong><strong>Kuwait is investing USD 3.3 bn into building the Abdali Economic Zo<\/strong><strong>ne<\/strong>, which will host warehouses and logistics service facilities, sources told <a target=\"_blank\" href=\"https:\/\/q8-press.com\/%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AF%D9%8A%D9%86%D8%A7%D8%B1-%D9%83%D9%84%D9%81%D8%A9-%D8%A5%D9%86%D8%AC%D8%A7%D8%B2-%D8%A7%D9%84%D8%B9%D8%A8%D8%AF%D9%84%D9%8A-%D8%A7%D9%84%D8%A7%D9%82%D8%AA\/\" style=\"\" rel=\"noopener\">Q8 Press<\/a> on Thursday. The zone, spanning 5 sq km, will be located some 90 km from Kuwait City near the northern border with Iraq. The zone will focus on export industries, and will serve as a logistics hub for a <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\">planned GCC railway project<\/a> and Mubarak Al Kabeer Port.<\/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>REMEMBER- <\/strong>Kuwait is making headway on the megaproject to link all GCC countries by rail, and is in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/2a58c8e6-004f-4414-853b-c467301eb661\/storage,-cargo,-zones-and-rail-updates-from-across-the%253cmark%253e-gcc%253c%2Fmark%253e-and-iraq\" style=\"\" rel=\"noopener\">the process of sorting<\/a> consultancy agreements for its design, which is expected to be completed by the end of the year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Who\u2019s interested? <\/strong>Kuwait is expected to issue a tender for the project soon, which could be awarded to Chinese firms, sources said, noting that Kuwait has inked a MoU with China to cooperate on bilateral freezones and economic zones projects.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN OTHER KUWAIT NEWS- <\/strong><strong>Kuwait goes on a road-maintenance project spree<\/strong><strong>:<\/strong> Kuwait inked 18 three-year road maintenance contracts valued at USD 1.31 bn with foreign and local firms last week, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/kuwait-signs-13-bln-road-maintenance-deals-ministry-says-2024-10-23\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. The projects will cover \u201call areas of Kuwait,\u201d Public Authority for Roads and Land Transport Head Khaled Al-Osaimi said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What we know:<\/strong> The project has enlisted an array of construction companies, including Turkey's Limak, Qatar\u2019s Al Mohannadi For Roads, and Kuwait-listed Combined Group Contracting Company. The other firms involved in the project were not disclosed. <\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/kuwait\/\">Kuwait<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/rail\/\">RAIL<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/roads\/\">roads<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/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=\"81942\" 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=\"81942\">\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\">Roads<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/28\/dubai-awards-aed-696-mn-road-development-project\/\">\r\n                            Dubai awards AED 696 mn road development project                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/28\/dubai-awards-aed-696-mn-road-development-project\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/logistics\/2024\/10\/28\/dubai-awards-aed-696-mn-road-development-project\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/logistics\/2024\/10\/28\/dubai-awards-aed-696-mn-road-development-project\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Dubai awards AED 696 mn road development project&url=https:\/\/enterpriseam.com\/logistics\/2024\/10\/28\/dubai-awards-aed-696-mn-road-development-project\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/logistics\/2024\/10\/28\/dubai-awards-aed-696-mn-road-development-project\/&title=Dubai awards AED 696 mn road development project\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Dubai+awards+AED+696+mn+road+development+project+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F10%2F28%2Fdubai-awards-aed-696-mn-road-development-project%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/28\/dubai-awards-aed-696-mn-road-development-project\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1150.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81943\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/28\/dubai-awards-aed-696-mn-road-development-project\/1150-jpg-8\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1150.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1150.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1150.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1150.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81942\" class=\"content-area-description single-story post-81942 post type-post status-publish format-standard has-post-thumbnail hentry category-roads tag-dubai tag-roads 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\/.5a30a4b6-81e2-4cff-96b2-1fe5b1117328.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> <\/strong><strong>Dubai\u2019s Roads and Transport Authority (RTA) has awarded an AED 6<\/strong><strong>96 mn <\/strong><strong>contract for its Trade Center Roundabout development project<\/strong>, a <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.ae\/en\/news\/2024\/october\/27-10\/trade-centre-round-about-development\" style=\"\" rel=\"noopener\">statement<\/a> said on Sunday. The RTA will improve infrastructure at a key roundabout in Dubai, connecting Sheikh Zayed Road with five main streets. The timeline and contractors for the project have not been disclosed.<\/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 project will see the construction of five new bridges, totalling 5km, to accommodate traffic from Sheikh Zayed Road to 2nd December Street, as well as converting the roundabout into a surface intersection. It will also serve traffic on the upper-level bridge running from Sheikh Zayed Road to Sheikh Khalifa bin Zayed Street, as well as from 2nd December Street to Al Majles Street leading to Al Mustaqbal Street, and from Sheikh Rashid Street to Deira.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Easing traffic flow:<\/strong> The initiative is set to double the intersection\u2019s capacity, reducing delay times from 12 minutes to 90 seconds, the statement said. It will also cut down travel time from Sheikh Zayed Road to Sheikh Khalifa bin Zayed Street from six minutes to just one minute.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the pipeline:<\/strong> The project is part of the RTA\u2019s wider development plan, which includes a project to develop Dubai\u2019s Al Mustaqbal Street, set to be awarded next month, RTA Chairman Mattar Al Tayer said.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/dubai\/\">Dubai<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/roads\/\">roads<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"81944 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"81944\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/28\/81944\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81944\" class=\"content-area-description single-story post-81944 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/yanmuparks.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/425.jpg?ssl=1\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"81945\" 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=\"81945\">\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\">Startup Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/28\/pargo-secures-usd-4-mn-in-funding-to-expand-in-egypt-colis-ma-secures-usd-300k-from-witamix\/\">\r\n                            Pargo secures USD 4 mn in funding to expand in Egypt + Colis.ma secures USD 300k from Witamix                        <\/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\/28\/pargo-secures-usd-4-mn-in-funding-to-expand-in-egypt-colis-ma-secures-usd-300k-from-witamix\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The funding round was led by 3Capital Ventures, Endeavor, SAAD Investment Holdings and UW Ventures. Pargo has rolled out its collect and return services \u2014 which allow people to collect or return their online orders at their convenience \u2014 across 500 pickup points in Egypt, including Fawry, Circle-K, and Basata stores. Pargo will offer its services to e-commerce platform Noon.<\/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>More on Pargo:<\/strong> The logistics company launched its pilot program in Egypt back in 2023, testing its services with 150 pickup points before its official rollout, according to the statement. The firm is looking to expand across the region, with a target of setting up 7k pickup points by 2026.<\/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\"> OTHER STARTUP NEWS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Moroccan cross-b<\/strong><strong>order logistics startup Colis.ma has secured USD 300k in pre-seed funding from Moroccan venture capital firm Witamax<\/strong>, a <a target=\"_blank\" href=\"https:\/\/www.colis.ma\/blog\/post-4-Colis-Secures-300k-Pre-Seed-Investment-Witamax.php\" style=\"\" rel=\"noopener\">statem<\/a><a target=\"_blank\" href=\"https:\/\/www.colis.ma\/blog\/post-4-Colis-Secures-300k-Pre-Seed-Investment-Witamax.php\" style=\"\" rel=\"noopener\">ent<\/a> said on Thursday. The funding will allow the company to enhance its coverage in Morocco and six European countries, and to expand further in Africa, starting with Western Africa. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they do:<\/strong> Colis is a platform and mobile app that allows customers to compare prices on the express transportation market and track shipments online, according to <a target=\"_blank\" href=\"https:\/\/www.colis.ma\/en\/a-propos.php\" style=\"\" rel=\"noopener\">Colsi.ma<\/a> \u2019s website. The startup has delivered over 50k parcels to more than 55 destinations in Europe since its founding in 2022, and increased its annual recurring revenue by 380% y-o-y in 2023. It received a USD 45k grant in February 2024 after completing the <a target=\"_blank\" href=\"https:\/\/www.orangecorners.com\/\" style=\"\" rel=\"noopener\">Orange Corners Program<\/a>, and raised USD 50k from African investor the Baobab Network after joining its accelerator program. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WATCH THIS SPACE- Next funding round in 2026:<\/strong> Several African and international venture capital firms have expressed interest in joining Colis.ma\u2019s next fundraising round in early 2026, the statement said.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/morocco\/\">Morocco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/startup-watch\/\">STARTUP WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/startups\/\">startups<\/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=\"81947\" 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=\"81947\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">Earnings Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/28\/qatars-milaha-and-uaes-easylease-post-earnings\/\">\r\n                            Qatar\u2019s Milaha and UAE\u2019s EasyLease post earnings                        <\/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\/28\/qatars-milaha-and-uaes-easylease-post-earnings\/\" 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\/28\/qatars-milaha-and-uaes-easylease-post-earnings\/')\">\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\/28\/qatars-milaha-and-uaes-easylease-post-earnings\/\">\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=Qatar\u2019s Milaha and UAE\u2019s EasyLease post earnings&url=https:\/\/enterpriseam.com\/logistics\/2024\/10\/28\/qatars-milaha-and-uaes-easylease-post-earnings\/\">\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\/28\/qatars-milaha-and-uaes-easylease-post-earnings\/&title=Qatar\u2019s Milaha and UAE\u2019s EasyLease post earnings\">\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=Qatar%E2%80%99s+Milaha+and+UAE%E2%80%99s+EasyLease+post+earnings+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F10%2F28%2Fqatars-milaha-and-uaes-easylease-post-earnings%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\/28\/qatars-milaha-and-uaes-easylease-post-earnings\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/718.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81948\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/28\/qatars-milaha-and-uaes-easylease-post-earnings\/718-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/718.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"718.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/718.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/718.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81947\" class=\"content-area-description single-story post-81947 post type-post status-publish format-standard has-post-thumbnail hentry category-earnings-watch tag-earnings-watch tag-qatar tag-rail tag-shipping-maritime tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/10\/.5b2d80ba-c407-4b94-992e-f4353ec77b05.mp3\"><\/audio><\/figure>\n<p class=\"tag-border-left\">MILAHA- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Qatar Navigation\u2019s (Milaha) net income rose 5% y-o-y to QAR 917 mn (c. USD 251.7<\/strong> <strong>mn) in 9M 2024<\/strong>, according to an <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/10\/2164.pdf\" style=\"\" rel=\"noopener\">earnings release (pdf)<\/a> on the Qatar Stock Exchange. The firm\u2019s operating income dipped 4.4% y-o-y to QAR 2.1 bn during the same period. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A closer look: <\/strong>Milaha Maritime & Logistics\u2019 bottom line increased by QAR 1 mn, driven by high project income from shipyard operations, while Milaha Gas and Petrochem\u2019s net income increased QAR 31 mn due to strong earnings from associate companies, according to a <a target=\"_blank\" href=\"https:\/\/www.milaha.com\/en\/news-and-media\/milaha-reports-qr-917-million-net-profit-nine-months-ended-sep-30-2024-5-compared\" style=\"\" rel=\"noopener\">statement<\/a>. The offshore segment\u2019s net income fell by QAR 22 mn, which the firm attributed to required vessel maintenance and the absence of favorable accounting adjustments recorded in 2023. Milaha Trading and Milaha Capital also saw bottom line gains. <\/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\">\n<p class=\"tag-border-left\">EASYLEASE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EasyLease, a subsidiary of <\/strong><strong>ADX-listed mobility solutions outfit and In<\/strong><strong>ternational Holding <\/strong><strong>Company (IHC), saw its net income dip 4.2% y-o-y to AED 9.7 mn in 3Q 2024<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/10\/2085.pdf\" style=\"\" rel=\"noopener\">financial statement (pdf)<\/a>. The company\u2019s revenues rose 41.3% to 102.3 mn during the quarter. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>On a nine-month basis: <\/strong>EasyLease\u2019s bottom line increased 5% y-o-y YTD to AED 27.9 mn in 9M 2024, while the firm\u2019s revenues rose 37.9% y\u2013o-y to 292 mn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EasyLease has been on an expansion spree this year: <\/strong>EasyLease acquired a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/644e9bba-2493-442b-9314-cdec1657d15e\" style=\"\" rel=\"noopener\">51% stake<\/a> in Dubai-based Ghassan Aboud Group\u2019s multi-sector logistics services provider Gallega Global Logistics for an undisclosed sum. The firm also acquired a 60% stake in UAE-based Alserkal Group subsidiary and transportation technology solutions provider United Trans <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/2dc51d13-b129-47e7-ae83-5e20f064cc06\/uae%25e2%2580%2599s%253cmark%253e-easylease%253c%2Fmark%253e-acquires-majority-stake-in-united-trans\" style=\"\" rel=\"noopener\">back in April<\/a>. It also snapped up a 60% stake in Ripe <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/6cf6020e-5e5d-4f53-a2a3-9db2b06b30fa\/ryanair-goes-domestic-in-morocco-in-summer-of-2024-%2B-careem-launches-e-bike-delivery-fleet.-plus:-more-m&a,-rebranding,-and-aviation-news\" style=\"\" rel=\"noopener\">last December<\/a>, which offers various services including container and commercial kiosk rentals. That same month, it acquired a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/637200ff-825d-44f9-8cf7-e80f8765fdd1\/one-launches-shipping-route-to-connect-ksa,-egypt-with-us-ports-%2B-riyadh-air-plans-further-cargo-cooperation-with-turkish-airlines\" style=\"\" rel=\"noopener\">60% stake<\/a> in UAE-based electric charger manufacturing and installation company Fully Charged to increase decarbonization in last-mile delivery across the UAE and the region.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/earnings-watch\/\">EARNINGS WATCH<\/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\/rail\/\">RAIL<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/shipping-maritime\/\">SHIPPING + MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"81949 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=\"81949\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/28\/81949\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81949\" class=\"content-area-description single-story post-81949 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/transmar.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2700.jpg?ssl=1\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"81950\" 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=\"81950\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/28\/uae-brazil-business-council-launches-its-first-session\/\">\r\n                            UAE-Brazil Business Council launches its first session                        <\/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\/28\/uae-brazil-business-council-launches-its-first-session\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The pair identified areas for cooperation in a variety of sectors, including manufacturing, sustainable agriculture, clean energy, and technology. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Fast facts: <\/strong>Bilateral non-oil trade between the two rose 18.2% y-o-y to hit USD 2.7 bn in 1H 2024, making Brazil one of the UAE\u2019s largest trading partners in the region.<\/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\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\/brazil\/\">Brazil<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"81952\" 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=\"81952\">\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\/28\/a-slew-of-updates-from-oman-morocco-and-egypt\/\">\r\n                            A slew of updates from Oman, Morocco, and Egypt                        <\/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\/28\/a-slew-of-updates-from-oman-morocco-and-egypt\/\" 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\/28\/a-slew-of-updates-from-oman-morocco-and-egypt\/')\">\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\/28\/a-slew-of-updates-from-oman-morocco-and-egypt\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=A slew of updates from Oman, Morocco, and Egypt&url=https:\/\/enterpriseam.com\/logistics\/2024\/10\/28\/a-slew-of-updates-from-oman-morocco-and-egypt\/\">\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\/28\/a-slew-of-updates-from-oman-morocco-and-egypt\/&title=A slew of updates from Oman, Morocco, and Egypt\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=A+slew+of+updates+from+Oman%2C+Morocco%2C+and+Egypt+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F10%2F28%2Fa-slew-of-updates-from-oman-morocco-and-egypt%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\/28\/a-slew-of-updates-from-oman-morocco-and-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2396.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81953\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/28\/a-slew-of-updates-from-oman-morocco-and-egypt\/2396-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2396.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2396.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2396.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2396.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81952\" class=\"content-area-description single-story post-81952 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-cargo tag-egypt tag-investment-watch tag-manufacturing tag-menzies-aviation tag-morocco tag-oman tag-oq tag-qatar tag-startup-watch tag-storage-warehouses 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\/.39dc63d9-6dde-4479-b6e3-cd2ac86dfe1b.mp3\"><\/audio><\/figure>\n<p class=\"tag-border-left\">MANUFACTURING- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> <\/strong><strong>Knauf sets up its third factory in Egypt:<\/strong> Building material manufacturer Knauf is opening a new gypsum board factory in Egypt \u2014 its third so far \u2014 with investments of EUR 80 mn, CEO Mohamed Abdelrasoul told Prime Minister Moustafa Madbouly, a cabinet <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0REmMDpJcJNXyqFcKEncuYJ1zq2QkktqyYvzkgRzNKk9Xcb2Eyw5roB96eEJi6ZMtl?__cft__[0]=AZXzfEnXlXkGHJ-lSf3aoK1g-FX-WZGaQrrGDfXR1f7gLFm35jom77HKnaSqkVOWU36uGakRWEdCm52h3zE1UHEe2xbUOL0cPyQIukvrDcjG6JaU3o9IlVOwl3DCVe6O25OqJZCO5KpcAGqQinIWNAvLIReNsiZ1wiCXJFLgUFFOSPYr3T_7StZRdOlGn63MzckEYLZzWM5ar9rGY448UBnP&__tn__=%2CO%2CP-R\" style=\"\" rel=\"noopener\">statement<\/a> said on Saturday. The new factory will push the firm\u2019s total production capacity to 60 mn sqm of gypsum boards annually and will reduce water and energy consumption by 35%, according to Abdelrasoul.<\/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>Knauf has big investments planned in Egypt<\/strong>: Abdelrasoul announced <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/456f8570-047a-47a7-87cf-e49890386672\/ci-capital-one-step-closer-to-egx33-fund.-plus:-zaldi-capital,-obour-land,-qalaa-holdings,-gypto-pharma,-fujifilm,-egyptair,%253cmark%253e-knauf%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">back in June<\/a> that the company is planning to increase its investments in Egypt to EUR 120 mn by 2026, up from <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/456f8570-047a-47a7-87cf-e49890386672\/ci-capital-one-step-closer-to-egx33-fund.-plus:-zaldi-capital,-obour-land,-qalaa-holdings,-gypto-pharma,-fujifilm,-egyptair,%253cmark%253e-knauf%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">EUR 50 mn<\/a> at the time. The funds were set to go toward expanding the company\u2019s existing operations and adding new production lines to Knauf\u2019s gypsum board factory in Suez.<\/p>\n<p class=\"tag-border-left\">INVESTMENT WATCH-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IFC to invest in Morocco\u2019s logistics infrastructure<\/strong><strong>:<\/strong> The World Bank\u2019s development investment subbody, the International Finance Corporation (IFC), is plugging USD 37 mn into Morocco\u2019s leading logistics operator Building Logistics Services (BLS), according to a <a target=\"_blank\" href=\"https:\/\/www.ifc.org\/en\/pressroom\/2024\/ifc-partners-with-bls-to-strengthen-morocco-s-logistics-sector-and-create-jobs\" style=\"\" rel=\"noopener\">statement<\/a> released last week. The investment will support BLS\u2019s acquisition, construction, and expansion of an undisclosed number of warehouse facilities in several Moroccan cities. Following the investment, the IFC will own a minority share in BLS. <\/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\">TRADE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Exxon + Qatar Energy given more years to build LNG plant:<\/strong> US federal regulators have extended ExxonMobil and Qatar Energy\u2019s LNG joint venture for three years to finish building their Golden Pass LNG, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/exxon-mobil-qatar-get-3-year-extension-build-texas-lng-plant-2024-10-24\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Friday, citing a document it has seen. The project is one of two large US LNG facilities whose launch was projected to significantly expand supplies from the US, which is the world\u2019s top exporter of the superchilled fuel, in the next 12 months. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why the extension? <\/strong>The extension was given due to delays when lead construction contractor Zachry Holdings filed for bankruptcy in March, saying that the project was at least USD 2.4 bn over the original budget. Golden Pass is yet to announce its new EPC contract, but has been in talks with engineering firm McDermott International. <\/p>\n<p class=\"tag-border-left\">STORAGE + WAREHOUSES-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>OQ breaks ground on fuel storage project in Musandam:<\/strong> Oman\u2019s state oil company OQ has broken ground on a RO 78 mn (c. USD 202.6) fuel storage facility in Musandam governorate, according to a <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/thisisoq_oq-strategic-fuel-reserves-activity-7254778614179676160-gJFZ?utm_source=share&utm_medium=member_desktop\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. The facility \u2014 which will boast a 14k capacity \u2014 will serve as a strategic reserve for several types of fuel, including 91 and 95 gas (Mogas 91 and Mogas 95), LPG, and jet fuel.<\/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\">CARGO- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong>Menzies rene<\/strong><strong>ws contracts in Australia and New Zealand: <\/strong>Ground handling firm Menzies Aviation, a subsidiary of Kuwait\u2019s Agility, has renewed contracts at seven locations across Australia and New Zealand, according to a <a target=\"_blank\" href=\"https:\/\/menziesaviation.com\/news\/major-contract-renewals-strengthen-menzies-aviation-leadership-in-australia-and-new-zealand\/\" style=\"\" rel=\"noopener\">statement<\/a> on Thursday. The contracts include five-year extension of agreements with United Airlines at Sydney Airport, Melbourne Airport, and Brisbane Airport to provide cargo handling and warehousing services. Alliance airline also reappointed Menzies to deliver passenger and ramp services at Perth Airport and Darwin Airport, overseeing 6.2 k flights over the three-year contract. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In New Zealand<\/strong>, Menzies will continue to manage around 2k turns per year for a three-year period at Auckland Airport and Christchurch Airport. Singaporean flag carrier Singapore Airlines has also extended an agreement for Menzies\u2019 passenger and ramp services. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>Cargosto<\/strong><strong>re + Haleys partner up on maritime logistics in Qatar:<\/strong> Container provider Cargostore Worldwide has partnered up with Haleys Group Middle East to expand their offshore Cargo Carrying Unit (CCU) rental business in Qatar, according to a <a target=\"_blank\" href=\"https:\/\/cargostore.com\/cargostore-and-haleys-forge-a-game-changing-partnership\/\" 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>OTHER STORIES WORTH KNOWING THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>Etihad Airways increases Munich flights:<\/strong> Etihad Airways is adding two daily flights to Munich starting May 2025. (<a target=\"_blank\" href=\"https:\/\/www.munich-airport.com\/press-etihad-airways-celebrates-20th-anniversary-28119068\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>Air Arabia adds new Egypt-Kuwait route<\/strong><strong>:<\/strong> Air Arabia Egypt is operating three weekly flights between Cairo International Airport and Kuwait International Airport starting 14 January 2025. (<a target=\"_blank\" href=\"https:\/\/press.airarabia.com\/air-arabia-egypt-launches-new-route-connecting-cairo-and-kuwait\/\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>Gulf Air boosts Singapore routes:<\/strong> Bahrain\u2019s flagship carrier has launched daily flights to Singapore starting 27 October. (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/gulf-air_gulfair-bahrain-singapore-activity-7253774600612790273-WQK6?utm_source=share&utm_medium=member_desktop\" style=\"\" rel=\"noopener\">Statement<\/a>) <\/li>\n<li><strong>United Airlines launch<\/strong><strong>es Morocco-US route: <\/strong>United Airlines has launched three weekly flights from Marrakech to New York. The flight will operate on Tuesdays, Thursdays, and Saturdays. (<a target=\"_blank\" href=\"https:\/\/www.moroccoworldnews.com\/2024\/10\/365954\/onmt-united-airlines-launch-direct-marrakech-new-york-flight\" style=\"\" rel=\"noopener\">Morocco World News<\/a>) <\/li>\n<li><strong>iMile to open Dubai cus<\/strong><strong>toms clearance facility:<\/strong> Logistics and last-mile delivery solutions provider iMile has received approval for a new in-house customs clearance facility at Dubai Airport Freezone. (<a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/imile-receives-approval-for-customs-clearance-facility-at-dubai-airport-freezone-jz991tvs\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>Qatar Shipyard + <\/strong><strong>W\u00e4rtsil\u00e4 ink services agreement:<\/strong> Qatar Shipyard Technology Solutions has inked a MoU with technology group W\u00e4rtsil\u00e4 for maintenance and repair services on vessels with 2-stroke or 4-stroke engines calling in at Qatar Shipyard Technology Solutions. The MoU also covers eco-friendly reconditioning. (<a target=\"_blank\" href=\"https:\/\/www.wartsila.com\/media\/news\/23-10-2024-wartsila-and-qatar-shipyard-technology-solutions-partner-to-provide-customers-with-optimal-service-support-3507683\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/cargo\/\">CARGO<\/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\/investment-watch\/\">INVESTMENT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/manufacturing\/\">manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/menzies-aviation\/\">Menzies Aviation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/morocco\/\">Morocco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/oq\/\">OQ<\/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\/startup-watch\/\">STARTUP WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/storage-warehouses\/\">STORAGE + WAREHOUSES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/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=\"81954 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=\"81954\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/28\/81954\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81954\" class=\"content-area-description single-story post-81954 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/ak-ships.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/2104.jpg?ssl=1\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"81955\" 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=\"81955\">\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\/28\/us-advises-brazil-to-weigh-risks-of-joining-belt-and-road-initiative-panama-canals-net-income-up-despite-drought\/\">\r\n                            US advises Brazil to weigh risks of joining Belt and Road Initiative + Panama Canal\u2019s net income up despite drought                        <\/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\/28\/us-advises-brazil-to-weigh-risks-of-joining-belt-and-road-initiative-panama-canals-net-income-up-despite-drought\/\" target=\"_blank\">\n          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data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/28\/us-advises-brazil-to-weigh-risks-of-joining-belt-and-road-initiative-panama-canals-net-income-up-despite-drought\/2607-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2607.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2607.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2607.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2607.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81955\" class=\"content-area-description single-story post-81955 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-eu 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\/.b1119b5e-d957-47b2-8b4c-d13574203563.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> <\/strong><strong>US says Brazil should consider risks of joining Belt and Road: <\/strong>US trade representative Katherine Tai is calling on Brazil to consider the risks of joining China\u2019s Belt and Road Initiative, after the country\u2019s Agriculture Minister Carlos Favaro said they should join it to counter EU and Western protectionism last week, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-10-23\/us-trade-head-urges-brazil-to-consider-china-belt-and-road-risks\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported last week, citing comments made at Bloomberg New Economy at B20 in Sao Paulo. Tai said she encourages Brazil to look at the risks in the economy through \u201can objectivity lens, through a risk management lens\u201d and to \u201creally think about what the best pathway is forward for more resilience in the Brazilian economy.\u201d <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In context:<\/strong> The US is competing with China for economic influence in Latin America, as China is the top trade partner for Brazil, Chile, and Peru, taking up the region's natural resources and increasingly investing in local infrastructure. <\/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>OTHER STORIES WORTH KNOWING THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>Panama Canal<\/strong><strong> income up despite drought: <\/strong>The Panama Canal\u2019s net income increased by 9.5% to USD 3.45 bn in FY ending in September. The increase is despite a drought that has restricted the number of ships passing through the canal. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/panama-canals-net-income-rose-345-bln-fiscal-year-despite-drought-2024-10-25\/\" style=\"\" rel=\"noopener\">Reuters<\/a>)<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/around-the-world\/\">AROUND THE WORLD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/eu\/\">EU<\/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=\"81957\" 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\/28\/81957\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81957\" class=\"content-area-description single-story post-81957 post type-post status-publish format-standard hentry category-calendar wpautop entry\">\n\n\t\t\t<hr class=\"wp-block-separator has-text-color has-primary-color has-alpha-channel-opacity has-primary-background-color has-background is-style-wide\">\n\n\t\t<h2 class=\"wp-block-heading mt-0 has-primary-color has-text-color has-link-color has-normal-font-size\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\">\n\t\t\t<strong> Calendar<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">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>3-5 November (Sunday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/x.com\/RGAsaudi\/status\/1847925488188072244\" style=\"\">Saudi Road Safety and Sustainability Conference<\/a><\/span><span style=\"font-weight:400;\">, 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.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>2Q 2025: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/share\/p\/tWzEZHVq6kk1CNvX\/\" style=\"\">ICAO Facilitation Conference 2025<\/a><\/span><span style=\"font-weight:400;\"> (FLAC 2025), Dohar, 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;\">FEBRUARY <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>4-5 February (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.seatrade-maritime.com\/event-news\/qatar-boosts-maritime-growth-new-shipping-event-2025\" style=\"\">Seatrade Maritime Qatar<\/a><\/span><span style=\"font-weight:400;\">, Doha, Qatar.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">APRIL<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>16-17 April: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/globalportsforum.com\/dubai-to-host-gpf\/\" style=\"\">Global Ports Forum<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>Mid-2025: Iraq will complete <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/projects\/construction\/iraq-to-finish-phase-1-of-faw-grand-port-in-2025-r1g2m8qk\" style=\"\">phase one<\/a><\/span><span style=\"font-weight:400;\"> of the construction of the Grand Faw Port.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:400;\">DHL and Aramco\u2019s logistics and procurement hub in Saudi Arabia will commence operations.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:400;\">AD Ports-operated Safaga Port\u2019s multi-purpose terminal will become operational. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.apmterminals.com\/en\/news\/news-releases\/2023\/231213-one-million-teu-expansion-at-apm-terminals-tangier-med-port-operational#:~:text=12%2F18%2F2023-,One%20million%20TEU%20expansion%20at%20APM%20Terminals%20Tangier%20MedPort%20operational,an%20additional%20400%20metre%20berth.\" style=\"\">Phase 3<\/a><\/span><span style=\"font-weight:400;\"> of APM Terminals Tangier MedPort to be complete and operational.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:400;\">1Q 2025: Sadr Park\u2019s Logistics Center in Riyadh to be completed. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>1Q 2025: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.jafza.ae\/media-centre\/news\/jafza-completes-phase-1-of-new-logistics-park\/\" style=\"\">Phase two<\/a><\/span><span style=\"font-weight:400;\">of Jafza Logistics Park to be completed.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">NOVEMBER<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>4-6 November: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/tiaca.org\/tiaca-to-hold-air-cargo-forum-2025\/\" style=\"\">The International Air Cargo Association TIACA\u2019s Air Cargo Forum 2025<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">2026<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:400;\">2026 UNCTAD Global Supply Chains Forum, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">2027<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>4Q 2027: Oman\u2019s Musandam Airport construction to be completed.<\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Kuwait plugging USD 3.3 bn into Abdali Economic Zone | Qatar\u2019s Milaha and UAE\u2019s EasyLease post earnings | Dubai awards AED 696 mn road infrastructure contract<\/p>\n","protected":false},"featured_media":81936,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-81935","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"b7595e47-b294-4a60-a4ce-15f950506779","teaser":"Kuwait plugging USD 3.3 bn into Abdali Economic Zone | Qatar\u2019s Milaha and UAE\u2019s EasyLease post earnings | Dubai awards AED 696 mn road infrastructure contract","photo_url":"https:\/\/ent.news\/2024\/10\/1447.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>Kuwait to invest USD 3.3 bn into Abdali Economic Zone - 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