{"id":82101,"date":"2024-11-04T07:15:00","date_gmt":"2024-11-04T07:15:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=82101"},"modified":"2025-12-15T15:34:57","modified_gmt":"2025-12-15T15:34:57","slug":"panattoni-gfh-to-develop-sar-2-bn-logistics-facilities-in-ksa","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/panattoni-gfh-to-develop-sar-2-bn-logistics-facilities-in-ksa\/","title":{"rendered":"Panattoni + GFH to develop SAR 2 bn logistics facilities in KSA"},"content":{"rendered":"<section id=\"82103\" 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=\"82103\">\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\/11\/04\/today-indu-kishore-breaks-ground-on-spare-parts-facility-in-dubai-south-panattoni-gfh-to-develop-logistics-facilities-worth-sar-2-bn-in-ksa\/\">\r\n                            TODAY: Indu Kishore breaks ground on spare-parts facility in Dubai South + Panattoni, GFH to develop logistics facilities worth SAR 2 bn in KSA                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li 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              \n<article id=\"post-82103\" class=\"content-area-description single-story post-82103 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-adnoc tag-egypt tag-ksa tag-uae tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/11\/.c773e744-ec18-42fd-a4a5-a671830e458c.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, friends. <\/strong>It\u2019s another busy Monday morning here in logistics land, with plenty of news on new zones planned in Egypt and Saudi Arabia. <\/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>Boeing ups its offer<\/strong><strong>:<\/strong> Boeing has made <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/36d8252c-567f-41fa-b06b-b15b084a8727\/%253cmark%253eboeing%253c%2Fmark%253e-withdraws-offer-as-union-talks-hit-another-stalemate\" style=\"\" rel=\"noopener\">striking machinists<\/a> a new pay hike offer, with workers set vote today, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/aerospace-defense\/boeing-due-make-improved-wage-offer-bid-end-strike-sources-say-2024-10-31\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Thursday. The worker\u2019s union has endorsed the offer, stressing it had gotten all it can from the manufacturer. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s on the table:<\/strong> The offer is a 38% pay rise spread over four years and a USD 12k ratification bonus, which includes a USD 5k lump sum into the workers retirement accounts. This is the closest workers have got to achieving their goal of a 40% wage increase and the return of a defined-benefit pension. Boeing factory workers voted 64% to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/1e0cf606-326b-44e8-8732-9d559295c40c\/today:%253cmark%253e-boeing%253c%2Fmark%253e-strike-continues,-with-concerns-rising-over-potential-impact-%2B-more-flights-to-iraq,-iran,-jordan,-and-lebanon-suspended\" style=\"\" rel=\"noopener\">reject an offer<\/a> last week for a 35% pay hike over four years. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said:<\/strong> \u201cIt\u2019s time we all come back together and focus on rebuilding the business and delivering the world\u2019s best airplanes. There are a lot of people depending on us,\u201d Boeing CEO Kelly Ortberg told workers in an email cited by <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/aerospace-defense\/boeing-ceo-time-planemaker-focus-rebuilding-business-2024-11-01\/\" style=\"\" rel=\"noopener\">Reuters<\/a> on Friday.<\/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\/1e0cf606-326b-44e8-8732-9d559295c40c\/today:%253cmark%253e-boeing%253c%2Fmark%253e-strike-continues,-with-concerns-rising-over-potential-impact-%2B-more-flights-to-iraq,-iran,-jordan,-and-lebanon-suspended\" 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\/1e0cf606-326b-44e8-8732-9d559295c40c\/today:%253cmark%253e-boeing%253c%2Fmark%253e-strike-continues,-with-concerns-rising-over-potential-impact-%2B-more-flights-to-iraq,-iran,-jordan,-and-lebanon-suspended\" 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>The story grabbed a lot on ink in the international press over the weekend:<\/strong> <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/boeing-strike-union-machinists-vote-1f9d66fb18e8b89e0d6751a5182baf6b\" style=\"\" rel=\"noopener\">AP<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-10-31\/boeing-union-endorses-latest-offer-to-end-seven-week-strike\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/business\/2024\/oct\/31\/boeing-workers-strike-pay-raise-bonus-vote\" style=\"\" rel=\"noopener\">The Guardian<\/a> | <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/business\/airlines\/boeing-makes-another-offer-to-end-machinists-strike-8c0559a6\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2024\/10\/31\/business\/boeing-strike-union-deal.html\" style=\"\" rel=\"noopener\">The New York Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.washingtonpost.com\/transportation\/2024\/10\/31\/boeing-union-contract-offer-machinists-strike\/\" style=\"\" rel=\"noopener\">Washington Post<\/a> | <a target=\"_blank\" href=\"https:\/\/edition.cnn.com\/2024\/10\/31\/business\/boeing-strike-new-deal\/index.html\" style=\"\" rel=\"noopener\">CNN<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bbc.com\/news\/articles\/c8rlk5dxyzno\" 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>#1-<\/strong> <strong><a target=\"_blank\" href=\"https:\/\/www.adipec.com\/\" style=\"\" rel=\"noopener\">Adipec<\/a><\/strong><strong> will kick off today and run through to Thursday<\/strong> at Adnec Center in Abu Dhabi. The event will bring together over 40 ministers and over 200 C-suite executives and technology leaders from the Middle East, Asia, Africa, Europe, and the Americas, focusing on innovation and partnerships to advance the energy transition. The event will feature three new conferences that include perspectives from finance, technology, youth, and the Global South.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">The maritime and logistics conference will take place on Wednesday, with a focus on trade conflicts, maritime decarbonization, and digitization.&nbsp;<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">&nbsp;<strong style=\"background-color: transparent;\">#2- The <\/strong><strong style=\"background-color: transparent;\"><a target=\"_blank\" href=\"https:\/\/roadsafety.irf.global\/\" rel=\"noopener\">Road Safety and Sustainability Conference and Exhibition<\/a><\/strong><strong style=\"background-color: transparent;\"> wraps up today<\/strong><span style=\"background-color: transparent;\">, bringing global experts together to discuss technological advancements, AI applications, and sustainability in the transport sector.<\/span><\/p>\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>Two new Salik toll gates at the Business Bay Crossing and Al Safa South on Sheikh<\/strong><strong> Zayed Road in Dubai will be operational on 24 November,<\/strong> according to the <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.ae\/en\/news\/2024\/november\/01-11\/salik-gates\" style=\"\" rel=\"noopener\">Dubai Media Office<\/a>. The toll gates are each expected to divert traffic away from congested roads by 15%. <\/p>\n<p class=\"tag-border-left\">WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> <\/strong><strong><a id=\"wwtt1\"><\/a> #1- <\/strong><strong>KSA greenlights <\/strong><strong>2.4 mn sqm industrial city: <\/strong>Saudi Arabia\u2019s Eastern Province Municipality has awarded a project to an undisclosed company for the establishment of a 2.4 mn sqm integrated industrial city in Dammam, <a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/N2200021\" style=\"\" rel=\"noopener\">SPA<\/a> reports. The planned industrial area will feature facilities including factories, light industries, employee housing and various support services. The project will support local industry without government capital investment, reducing budget expenditure, Eastern Province Mayor Fahad Al Jubeir told SPA. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a>#2- Adnoc <\/strong><strong>gears up to expand its oil trading business<\/strong><strong>: <\/strong>The UAE\u2019s state-owned oil firm Adnoc is in talks with Switzerland-based commodity trading house Montfort Group to expand a tolling agreement between them that would see Adnoc send more outsourced shipments to be processed at a partially Montfort-owned refinery in Fujairah, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-10-30\/abu-dhabi-s-adnoc-boosts-oil-trading-with-fujairah-refinery-deal\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported last week, citing people it says are familiar with the matter. Under the current agreement, Adnoc reportedly processed at least one cargo of Sudanese Nile crude at the refining facility, where the produced fuel is then sold by Adnoc.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Adnoc\u2019s trading operations expansion is already underway<\/strong>, with the state-run company signing agreements to buy Nigerian crude to be processed at the facility and is reportedly looking to secure more supply agreements.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong>Egypt activates oil agreement with Fujairah:<\/strong> Egypt has welcomed the first oil tanker as part of an MoU <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/bc3b8ffd-5bbf-4fa0-88f1-22f96ebd9154\" style=\"\" rel=\"noopener\">inked with Fujairah<\/a> earlier this year, according to a <a target=\"_blank\" href=\"https:\/\/www.petroleum.gov.eg\/ar-eg\/media-center\/news\/news-pages\/Pages\/mop_01112024_01.aspx\" style=\"\" rel=\"noopener\">statement<\/a> on Friday. The MoU, signed in August, outlines plans to transform Al Hamra port on the Mediterranean coast into a USD 3 bn petroleum logistics zone. The construction of the zone is reportedly expected to kick off in 1H 2025, with an estimated completion time of three years.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt1\"><\/a> <strong>#6- CBE quietly relaxes import restrictions for non-essential items: <\/strong>The Central Bank of Egypt is reportedly allowing local banks to issue letters of credit for the import of non-essential goods \u2014 including cars \u2014 based on each lender\u2019s USD reserves \u2014 its first such move in two months, six bankers told <a target=\"_blank\" href=\"https:\/\/www.asharqbusiness.com\/banks\/58893\/%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%8A-%D9%8A%D9%88%D8%AC%D9%87-%D8%A7%D9%84%D8%A8%D9%86%D9%88%D9%83-%D9%84%D8%AA%D8%AF%D8%A8%D9%8A%D8%B1-%D8%A7%D9%84%D8%B9%D9%85%D9%84%D8%A9-%D9%84%D9%84%D8%B3%D9%84%D8%B9-%D8%BA%D9%8A%D8%B1-%D8%A7%D9%84%D8%A3%D8%B3%D8%A7%D8%B3%D9%8A%D8%A9\/\" style=\"\" rel=\"noopener\">Asharq Business<\/a>. The move is expected to help clear the backlog of non-essential import requests that have been piling up since 2022, one CEO of a private bank told the news outlet. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The shift is not set in stone:<\/strong> The directive was informally communicated through phone calls \u2014 rather than through an official statement \u2014 to at least four individual banks hours before the presser with IMF Managing Director Kristalina Georgieva in the new capital. This may indicate the controls could be reinstated, an unnamed credit manager at a state-owned bank told Asharq Business.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> The CBE reportedly eased import restrictions on 12 out of 13 non-essential goods it has previously prohibited banks from issuing credit lines for back in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/57c28b24-8d76-4e2a-b209-fa25c9293c83\/goodbye,-import-restrictions%3F\" style=\"\" rel=\"noopener\">August<\/a>. Banks were reportedly allowed to issue letters of credit for items like mobile phones, seeds, fresh fruits, cocoa, jewelry, appliances, garments, furniture, and heavy equipment \u2014 though vehicle import restrictions were kept in place.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt2\"><\/a><strong> #7- Maersk expects to continue to suspend shipping through<\/strong><strong> the Suez Canal \u201cwell into <\/strong><strong>2025,<\/strong><strong>\u201d<\/strong> Maersk\u2019s Chief Executive Vincent Clerc told reporters, adding that high demand for shipping goods is expected to continue in the next few months, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/europe\/maersk-saw-strong-demand-q3-driven-by-china-southeast-asia-exports-2024-10-31\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Thursday. \u201cThere are no signs of de-escalation and it is not safe for our vessels or personnel to go there,\u201d he added. The company reported robust demand in the third quarter, particularly fueled by exports from China and Southeast Asia, and noted no indications of a decline in volumes from Europe or North America in the upcoming months.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And he\u2019s not alone: <\/strong>Jeremy Nixon, CEO of shipping firm Ocean Network Express, similarly predicted <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/c7f6144e-aabc-47e1-a0c2-c2022c6518e9\/today:-egypt-gets-a-new-data-center-%2B-port-strike-kicks-off-in-the-us\" style=\"\" rel=\"noopener\">last month<\/a> that disruptions to Red Sea container shipping and reroutes around the Cape of Good Hope will persist well into next year. \u201cThere seems to be no political breakthrough\u201d to indicate that disruptions will be easing anytime soon, Nixon said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In context:<\/strong> Since the end of 2023, ships have been diverting from the Suez Canal to evade Houthi attacks. This longer route around the Cape of Good Hope adds approximately two weeks to travel times, resulting in increased freight and ins. expenses.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Maersk\u2019s bottom line is unaffected by the disruption: <\/strong>The shipping firm\u2019s bottom line shot up 445% y-o-y in 3Q 2024 to USD 3 bn on the back of rising freight rates and volume growth, according to its financial <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/11\/112.pdf\" style=\"\" rel=\"noopener\">statements (<\/a><a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/11\/112.pdf\" style=\"\" rel=\"noopener\">pdf<\/a><a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/11\/112.pdf\" style=\"\" rel=\"noopener\">)<\/a>. Maersk recorded improvements in the ocean, logistics and services, and terminals segments, with the company's revenues increasing 30% y-o-y to USD 15.8 mn, according to the statement. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt4\"><\/a>#8- <\/strong><strong>Opaz launches tender for Ezad:<\/strong> Oman\u2019s Special Economic Zones and Freezones Public Authority (OPAZ) has issued a tender for Omani and Saudi firms interested in the development of an infrastructure and utility network for a fishery port at Oman\u2019s Duqm port on its Esnad platform, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/omanopaz\/posts\/pfbid0Zmi2hibpi6FkSM7c8D8ztdeQWeTf3v2sR3F1o3N2Rjcs55ZL4jyx5FMXsWEp3z81l\" style=\"\" rel=\"noopener\">statement<\/a> released last week. The deadline for bidding was set for 30 December. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>PLUS- Opaz also launched a tender for Omani and Saudi outfits for the construction of the main road and wadi channel at Ezad<\/strong>, with the deadline for submission set for 2 January 2025, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/omanopaz\/posts\/pfbid02ixsZprsnw5Kr81AHVEYNftRWZTpk94s8AZJSUEChT8VykDEeBfQ9h2E9Pp4ywjTql\" style=\"\" rel=\"noopener\">statement<\/a>. <\/p>\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\"> [wwtt5]<strong> #1- Opec+ confirms output hike delay:<\/strong> Opec+ pushed back its planned 180k bpd output hike for December for another month amid persistent concerns of soft oil demand from China and a glut in supply, according to a <a target=\"_blank\" href=\"https:\/\/www.opec.org\/opec_web\/en\/press_room\/7409.htm\" style=\"\" rel=\"noopener\">statement<\/a>. The group still intends to move forward with its plan to revive 2.2 mn bpd of idle supply over the year, it said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> Opec+ initially planned to start phasing out production cuts in October, but later <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/6fd1f54f-2a08-4db2-bb29-95548d661e52\/nmdc-energy-closes-aed-3.2-bn-ipo-with-31x-oversubscription-rate%3B-shares-start-trading-11-september\" style=\"\" rel=\"noopener\">pushed the plans back<\/a> to December as oil prices fell.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Oil prices <\/strong><strong>rose by more than USD 1 in early trading <\/strong>on the news, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/oil-prices-rise-by-over-1-opec-output-hike-delay-2024-11-04\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. Brent crude futures rose 1.6%, to USD 74.28 a barrel, while US West Texas Intermediate (WTI) crude rose 1.73% to USD 70.69.<\/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 to ease<\/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\">0.7%<\/a> to 1,378 points on Friday, its lowest reading since September. The capesize index fell five points to 1,848, while the panamax index lost another 5 points to 1,199 points and the smaller supramax fell 19 points to 1,163 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 rose by 4% to USD 3,213 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 69% below the previous pandemic peak of USD 10.4k in September 2021, but remain 126% above the pre-pandemic rate of USD 1.4k. The average composite index YTD is USD 4,017 per 40ft container, which is USD 1,178 higher than the 10-year average rate of USD 2,839.<\/p>\n<p class=\"tag-border-left\">DATA POINTS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1-<\/strong><strong>Worldwide air cargo d<\/strong><strong>emand increased 9.4% y-o-y in September<\/strong>, marking the 14th consecutive month of growth, data by <a target=\"_blank\" href=\"https:\/\/www.iata.org\/en\/pressroom\/2024-releases\/2024-10-31-01\/\" style=\"\" rel=\"noopener\">The International Air Transport Association (IATA)<\/a> showed. Capacity measured in available cargo ton-kilometers (ACTKs) rose by 6.4% y-o-y on the back of a 10\/3% increase in international belly capacity.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Latin American carriers showed the highest y-o-y demand growth for air cargo at 20.9%<\/strong>, followed by Asian-Pacific Airlines and European carriers, both recording an 11.7% increase. Middle Eastern carriers saw growth of 10.1% y-o-y. North American carriers saw growth of 3.8% y-o-y and African airlines grew by only 1.7%. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Abu Dhabi airports\u2019 cargo volumes rose 23% y-o-y in 9M 2024 to 572k tons amid <\/strong><strong>heightened demand for both belly-hold capacity and freighter services<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.adairports.ae\/english\/media-centre\/press-releases\/2024\/2024-10-29-Abu-Dhabi-Airports-Reports-Remarkable-Passenger-Growth-In-First-Nine-Months-of-2024\" style=\"\" rel=\"noopener\">press release<\/a>. <\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"logistics\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>***<\/strong><strong>YOU\u2019RE READING EnterpriseAM Logistics, the essential MENA publication for senior <\/strong><strong>execs who care about the industry that connects producers and retailers to global markets. <\/strong>We\u2019re out Monday through Thursday by 9:15am in Cairo and Riyadh and 11:15am in the UAE.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EnterpriseAM Logistics is available without charge <\/strong>thanks to the generous support of our friends at Hassan Allam Utilities, Transmar, and AK-Ships.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Were you forwarded this email? <\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/user\/news-letters\" style=\"\" rel=\"noopener\">Tap or click here<\/a> to get your own copy of Enterprise Logistics.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Want to send us a story idea<\/strong>, request coverage, ask for a correction, or otherwise get in touch? Reach out to us on <a target=\"_blank\" href=\"mailto:logistics@enterprisemea.com\" style=\"\" rel=\"noopener\">logistics@enterprisemea.com<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DID YOU KNOW <\/strong>that we also cover <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\" style=\"\" rel=\"noopener\">Egypt<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\" style=\"\" rel=\"noopener\">Saudi Arabia<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\" style=\"\" rel=\"noopener\">the UAE<\/a>, and the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\" style=\"\" rel=\"noopener\">MENA<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\" style=\"\" rel=\"noopener\">climate industry<\/a> ?<br \/><strong>***<\/strong><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi Arabia will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/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 style=\"background-color: transparent;\">Bahrain will host <\/strong><strong style=\"background-color: transparent;\"><a target=\"_blank\" href=\"https:\/\/www.bahraininternationalairshow.com\/\" rel=\"noopener\">The Bahrain International Airshow<\/a><\/strong><strong style=\"background-color: transparent;\"> on Wednesday, 13 November and <\/strong><strong style=\"background-color: transparent;\">Friday, 15 November<\/strong><span style=\"background-color: transparent;\"> near Awali. The three-day event is bringing together over 180 participating companies from over 59 represented nations globally.<\/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\"><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\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\/adnoc\/\">Adnoc<\/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                         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href=\"https:\/\/api.whatsapp.com\/send?text=Panattoni+%2B+GFH+to+develop+logistics+facilities+worth+SAR+2+bn+in+KSA+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F11%2F04%2Fpanattoni-gfh-to-develop-logistics-facilities-worth-sar-2-bn-in-ksa%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/11\/04\/panattoni-gfh-to-develop-logistics-facilities-worth-sar-2-bn-in-ksa\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/81.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"82107\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/11\/04\/panattoni-gfh-to-develop-logistics-facilities-worth-sar-2-bn-in-ksa\/81-jpg-6\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/81.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"81.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/81.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/81.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-82106\" class=\"content-area-description single-story post-82106 post type-post status-publish format-standard has-post-thumbnail hentry category-investment-watch tag-infrastructure tag-investment-watch tag-saudi-arabia wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/11\/.c773e744-ec18-42fd-a4a5-a671830e458c.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> <\/strong><strong>New logistics facilities worth up to SAR 2 bn are coming to Saudi Arabia:<\/strong> European real estate developer Panattoni\u2019s Saudi arm has inked a partnership agreement with Bahrain\u2019s GFH Financial Group to develop premium logistics facilities worth SAR 2 bn (USD 500 mn) in Riyadh, Jeddah, and Dammam over a five-year timeframe, <a target=\"_blank\" href=\"https:\/\/panattonieurope.com\/en\/newsroom\/panattoni-and-gfh-financial-group-launch-strategic-partnership\" style=\"\" rel=\"noopener\">Panattoni<\/a> and <a target=\"_blank\" href=\"https:\/\/gfh.com\/press-release\/gfh-financial-group-and-panattoni-launch-strategic-partnership-to-develop-500000-sqm-of-grade-a-logistics-facilities-across-key-saudi-arabian-hubs\/\" style=\"\" rel=\"noopener\">GFH<\/a> said in statements.<\/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>Breakdown:<\/strong> The SAR 2 bn (USD 500 mn) investment will be deployed over the coming five years to develop 500k sqm of logistics and industrial infrastructure at the sites mentioned. An initial SAR 375 mn (USD 100 mn) is earmarked for the first phase of the project, which will see the development of a 50k sqm logistics park adjacent to Al Kharj road in South Riyadh that is intended to support the increasing demand for logistics solutions in Riyadh.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Panattoni will be in charge of designing and building up facilities<\/strong>, while GFH will provide funding for the project and also oversee tenant sourcing and leasing activities. GFH has already secured a leasing agreement with Qatar-based GWC Logistics that will see the company lease up to 200k sqm across the project as an anchor tenant.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background:<\/strong> Panattoni first <a target=\"_blank\" href=\"https:\/\/panattonieurope.com\/en\/newsroom\/panattoni-expands-into-saudi-arabia\" style=\"\" rel=\"noopener\">kicked off operations<\/a> in Saudi last April, when it had also noted that its key focus would be on the three mentioned cities.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/infrastructure\/\">INFRASTRUCTURE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/investment-watch\/\">INVESTMENT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"82108\" 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=\"82108\">\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\">Zones<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/11\/04\/indu-kishore-breaks-ground-on-spare-parts-facility-in-dubai-south\/\">\r\n                            Indu Kishore breaks ground on spare-parts facility in Dubai South                        <\/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\/11\/04\/indu-kishore-breaks-ground-on-spare-parts-facility-in-dubai-south\/\" 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\/11\/04\/indu-kishore-breaks-ground-on-spare-parts-facility-in-dubai-south\/')\">\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\/11\/04\/indu-kishore-breaks-ground-on-spare-parts-facility-in-dubai-south\/\">\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=Indu Kishore breaks ground on spare-parts facility in Dubai South&url=https:\/\/enterpriseam.com\/logistics\/2024\/11\/04\/indu-kishore-breaks-ground-on-spare-parts-facility-in-dubai-south\/\">\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\/11\/04\/indu-kishore-breaks-ground-on-spare-parts-facility-in-dubai-south\/&title=Indu Kishore breaks ground on spare-parts facility in Dubai South\">\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=Indu+Kishore+breaks+ground+on+spare-parts+facility+in+Dubai+South+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F11%2F04%2Findu-kishore-breaks-ground-on-spare-parts-facility-in-dubai-south%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\/11\/04\/indu-kishore-breaks-ground-on-spare-parts-facility-in-dubai-south\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/79.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"82109\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/11\/04\/indu-kishore-breaks-ground-on-spare-parts-facility-in-dubai-south\/79-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/79.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"79.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/79.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/79.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-82108\" class=\"content-area-description single-story post-82108 post type-post status-publish format-standard has-post-thumbnail hentry category-zones tag-manufacturing tag-uae tag-zones wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/11\/.c773e744-ec18-42fd-a4a5-a671830e458c.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> <\/strong><strong>Indu Kishore starts construction on spare-parts facility in Dubai South<\/strong><strong>:<\/strong> UAE-based logistics solutions provider Indu Kishore Logistics has broken ground on a new logistics facility in Dubai South\u2019s Logistics District, set for completion by 3Q 2025, according to a <a target=\"_blank\" href=\"https:\/\/mediaoffice.ae\/en\/news\/2024\/november\/01-11\/dubai-south-and-indu-kishore-logistics\" style=\"\" rel=\"noopener\">statement<\/a> released on Friday. The investment ticket for the project has 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>Details:<\/strong> The new facility, covering 23k sqm with a storage capacity of up to 75k pallets, is designed to handle spare parts of all sizes and will integrate data-driven automation to facilitate quick turnaround times and optimize shipment flows. The firm looks to leverage Dubai South\u2019s strategic location, which offers direct access to Jebel Ali Port via a bonded logistics corridor, as well as direct access to Al Maktoum International Airport\u2019s cargo terminals and dedicated e-commerce freezone EZDubai.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Catering to demand:<\/strong> Indu Kishore\u2019s investment looks to meet a \u201csurge in demand within the automotive and aerospace sectors,\u201d Managing Partner Kush Lakhani said. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/manufacturing\/\">manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/zones\/\">ZONES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"82110 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"82110\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/11\/04\/82110\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-82110\" class=\"content-area-description single-story post-82110 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/yanmuparks.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/425.jpg?ssl=1\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"82111\" 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=\"82111\">\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\">Zones<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/11\/04\/new-logistics-zones-approved-in-egypt-more-zones-to-come\/\">\r\n                            New logistics zones approved in Egypt + more zones to come?                        <\/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\/11\/04\/new-logistics-zones-approved-in-egypt-more-zones-to-come\/\" 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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Neither investment tickets nor timelines have been disclosed for the projects, which will be overseen by Egypt\u2019s National Center for Land Use Planning.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s on the cards?<\/strong> Qena will see the construction of a new logistics zone over some 1.25k feddans, while Toshka will get a new logistics area over some 248 feddans. Egypt is also looking to set up logistics zones in Sinai, with four plots of land in Rafah, Al Auja, Al Hasana, and Bir Al Abd, ranging in size from 5.1k to 6k feddans, set aside for the project. The country is also looking to boost operational capacity at Arish Port, with plans to extend the port to the east with a container handling port as well as develop a marina on the port\u2019s west side.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>OVER IN THE SCZONE- <\/strong><strong>Egypt\u2019s Suez Canal Economic Zone (SCZone) is looking to<\/strong><strong> establish a 4 mn sqm <\/strong><strong>pharma industrial zone<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/SCZONE.EG\/posts\/pfbid0bWWaminCxDpPbMHEEqWmk1wFqFRmXruFrrCz4s1BtPK3jr6yAzTpQBbg2p3VHLzJl\" style=\"\" rel=\"noopener\">statement<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND- Sports Ministry mulls over a freezone for sports gear:<\/strong> Egypt\u2019s Sports Ministry \u2014 in cooperation with the ministries of trade and investment \u2014 is reportedly also preparing a feasibility study to set up a freezone dedicated to sports equipment and products, <a target=\"_blank\" href=\"https:\/\/www.alborsaanews.com\/2024\/11\/03\/1839706\" style=\"\" rel=\"noopener\">Al Borsa<\/a> writes citing unnamed sources. The freezone \u2014 which will be allocated a plot by 2025 \u2014 aims to reduce the country\u2019s USD 700 mn sports gear import bill.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We already have interested partners:<\/strong> The ministry has pitched the project to several sports equipment manufacturers and brands, which have expressed interest in setting up manufacturing facilities in the planned freezone, the sources added.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/sports\/\">sports<\/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=\"82113\" 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=\"82113\">\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\/11\/04\/bahris-net-income-increases-127-y-o-y-in-3q-2024\/\">\r\n                            Bahri\u2019s net income increases 127% y-o-y in 3Q 2024                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/11\/04\/bahris-net-income-increases-127-y-o-y-in-3q-2024\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/logistics\/2024\/11\/04\/bahris-net-income-increases-127-y-o-y-in-3q-2024\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/logistics\/2024\/11\/04\/bahris-net-income-increases-127-y-o-y-in-3q-2024\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Bahri\u2019s net income increases 127% y-o-y in 3Q 2024&url=https:\/\/enterpriseam.com\/logistics\/2024\/11\/04\/bahris-net-income-increases-127-y-o-y-in-3q-2024\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/logistics\/2024\/11\/04\/bahris-net-income-increases-127-y-o-y-in-3q-2024\/&title=Bahri\u2019s net income increases 127% y-o-y in 3Q 2024\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Bahri%E2%80%99s+net+income+increases+127%25+y-o-y+in+3Q+2024+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F11%2F04%2Fbahris-net-income-increases-127-y-o-y-in-3q-2024%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/11\/04\/bahris-net-income-increases-127-y-o-y-in-3q-2024\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/855.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"82114\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/11\/04\/bahris-net-income-increases-127-y-o-y-in-3q-2024\/855-jpg-7\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/855.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"855.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/855.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/855.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-82113\" class=\"content-area-description single-story post-82113 post type-post status-publish format-standard has-post-thumbnail hentry category-earnings-watch tag-bahri tag-earnings-watch tag-saudi-arabia wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/11\/.c773e744-ec18-42fd-a4a5-a671830e458c.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> <\/strong><strong>Saudi national shipping company Bahri\u2019s 3Q 2024 bottom line increased <\/strong><strong>127% <\/strong><strong>y-o-y to SAR 509 mn (c. USD 135 mn)<\/strong>, according to financial <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/10\/2859.pdf\" style=\"\" rel=\"noopener\">statements (pdf)<\/a>. The firm's topline rose by 11% y-o-y to SAR 2.2 bn on the back of higher volumes due to increases in owned and chartered vessels as well as a surge in shipping rates. <\/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>On a nine-month basis: <\/strong>Bahri recorded a 40% y-o-y increase in net income to SAR 1.70 bn in 9M 2024, while the company\u2019s revenues rose 8% y-o-y to SAE 7.2 bn. The increase in earnings was supported by favorable demand-supply conditions in the chemicals and oil shipping segments, profit margin improvement from fleet modernization and expansion, schedule optimization, as well as sustained cost discipline. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Bahri has been doubling down on fleet modernization, inking a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/ad3b934a-d23a-4277-b4ec-c9cabdf98bf5\/bahri-pushes-with-fleet-modernization-with-usd-1-bn-agreement-for-nine-oil-tankers\" style=\"\" rel=\"noopener\">USD 1 bn<\/a> agreement for nine oil tankers (VLCCs) in August that is supported by a USD 756 mn <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/f5d36bdf-4f38-465a-9324-e6e53f8021b5\/alinma-bank-extends%253cmark%253e-bahri%253c%2Fmark%253e-usd-756-mn-murabaha-financing-to-modernize-fleet\" style=\"\" rel=\"noopener\">Murabaha financing agreement<\/a> with Alinma Bank. The shipping giant is also looking to build a fleet of <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/a00e96ef-2f0f-4320-9302-3e97d520f5ae\/arabian-mills%25e2%2580%2599-retail-subscription-period-wraps-today\" style=\"\" rel=\"noopener\">20-30 LNG tankers<\/a>, CEO Ahmed Ali Al Subaey said in September.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/bahri\/\">Bahri<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/earnings-watch\/\">EARNINGS WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"82115 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=\"82115\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/11\/04\/82115\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-82115\" class=\"content-area-description single-story post-82115 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/transmar.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2700.jpg?ssl=1\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"82116\" 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=\"82116\">\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\/11\/04\/iran-and-uzbekistan-to-ink-trade-agreement-soon\/\">\r\n                            Iran and Uzbekistan to ink trade agreement soon                        <\/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\/11\/04\/iran-and-uzbekistan-to-ink-trade-agreement-soon\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img 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href=\"https:\/\/api.whatsapp.com\/send?text=Iran+and+Uzbekistan+to+ink+trade+agreement+soon+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F11%2F04%2Firan-and-uzbekistan-to-ink-trade-agreement-soon%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\/11\/04\/iran-and-uzbekistan-to-ink-trade-agreement-soon\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/203.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"82117\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/11\/04\/iran-and-uzbekistan-to-ink-trade-agreement-soon\/203-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/203.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"203.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/203.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/203.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-82116\" class=\"content-area-description single-story post-82116 post type-post status-publish format-standard has-post-thumbnail hentry category-diplomacy tag-diplomacy tag-iran 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\/11\/.c773e744-ec18-42fd-a4a5-a671830e458c.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Iran + Uzbekistan eye PTA:<\/strong> Iran and Uzbekistan have agreed to sign a preferential trade agreement (PTA) that would allow their annual bilateral trade to increase to USD 5 bn, an official from Iran\u2019s Trade Promotion Organization (TPO) told <a target=\"_blank\" href=\"https:\/\/www.tehrantimes.com\/news\/505606\/Tehran-Tashkent-reach-primary-agreement-to-ink-PTA\" style=\"\" rel=\"noopener\">Tehran Times<\/a>. <\/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>Strengthening friendships: <\/strong>Iran and Uzbekistan inked an agreement <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/84f7ac58-b034-4dd2-b154-11b0138a7c37\/iraq-talks-with-potential-investors-and-iran-%2B%253cmark%253e-uzbekistan%253c%2Fmark%253e-ink-trade-agreement\" style=\"\" rel=\"noopener\">back in January<\/a> for their central banks to launch a banking exchange mechanism and facilitate technical talks between commercial banks. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/iran\/\">Iran<\/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=\"82118\" 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=\"82118\">\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\">Moves<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/11\/04\/sal-appoints-new-ceo-omar-hariri\/\">\r\n                            SAL appoints new CEO Omar Hariri                        <\/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\/11\/04\/sal-appoints-new-ceo-omar-hariri\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n          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     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\/11\/04\/sal-appoints-new-ceo-omar-hariri\/&title=SAL appoints new CEO Omar Hariri\">\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=SAL+appoints+new+CEO+Omar+Hariri+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F11%2F04%2Fsal-appoints-new-ceo-omar-hariri%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\/11\/04\/sal-appoints-new-ceo-omar-hariri\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/201.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"82119\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/11\/04\/sal-appoints-new-ceo-omar-hariri\/201-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/201.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"201.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/201.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/201.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-82118\" class=\"content-area-description single-story post-82118 post type-post status-publish format-standard has-post-thumbnail hentry category-moves tag-mawani tag-moves tag-sal tag-saudi-arabia wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/11\/.c773e744-ec18-42fd-a4a5-a671830e458c.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>SAL Saudi Logistics Services Company has appointed Omar T<\/strong><strong>alal Jamal Hariri<\/strong> <strong>(<\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/omarhariri\/\" style=\"\" rel=\"noopener\">LinkedIn<\/a><\/strong><strong>) as <\/strong><strong>CEO<\/strong>, effective Friday, according to a <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=83281&anCat=1&cs=4263&locale=en\" style=\"\" rel=\"noopener\">Tawadul<\/a> statement. Hariri comes to the firm with extensive experience in the logistics sector, including as the Saudi Ports Authority (Mawani) president and Saudia Cargo Company CEO. He also serves on the board of the Saudi Red Sea Authority and Saudi Exports, according to his LinkedIn profile.<\/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\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\/mawani\/\">Mawani<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/moves\/\">MOVES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/sal\/\">SAL<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"82120 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=\"82120\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/11\/04\/82120\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-82120\" class=\"content-area-description single-story post-82120 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\/11\/87.jpg?ssl=1\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"82121\" 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=\"82121\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Also on Our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/11\/04\/heaps-of-updates-in-warehousing-shipping-and-digitalization-from-ksa-kuwait-and-uae\/\">\r\n                            Heaps of updates in warehousing, shipping and digitalization from KSA, Kuwait, and UAE                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/11\/04\/heaps-of-updates-in-warehousing-shipping-and-digitalization-from-ksa-kuwait-and-uae\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/logistics\/2024\/11\/04\/heaps-of-updates-in-warehousing-shipping-and-digitalization-from-ksa-kuwait-and-uae\/')\">\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\/11\/04\/heaps-of-updates-in-warehousing-shipping-and-digitalization-from-ksa-kuwait-and-uae\/\">\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=Heaps of updates in warehousing, shipping and digitalization from KSA, Kuwait, and UAE&url=https:\/\/enterpriseam.com\/logistics\/2024\/11\/04\/heaps-of-updates-in-warehousing-shipping-and-digitalization-from-ksa-kuwait-and-uae\/\">\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\/11\/04\/heaps-of-updates-in-warehousing-shipping-and-digitalization-from-ksa-kuwait-and-uae\/&title=Heaps of updates in warehousing, shipping and digitalization from KSA, Kuwait, and UAE\">\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=Heaps+of+updates+in+warehousing%2C+shipping+and+digitalization+from+KSA%2C+Kuwait%2C+and+UAE+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F11%2F04%2Fheaps-of-updates-in-warehousing-shipping-and-digitalization-from-ksa-kuwait-and-uae%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\/11\/04\/heaps-of-updates-in-warehousing-shipping-and-digitalization-from-ksa-kuwait-and-uae\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/199.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"82122\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/11\/04\/heaps-of-updates-in-warehousing-shipping-and-digitalization-from-ksa-kuwait-and-uae\/199-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/199.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"199.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/199.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/199.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-82121\" class=\"content-area-description single-story post-82121 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-adnoc tag-agility-logistics tag-also-on-our-radar tag-egypt tag-jordan tag-kuwait tag-storagewarehouses 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\/11\/.c773e744-ec18-42fd-a4a5-a671830e458c.mp3\"><\/audio><\/figure>\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>#1- <\/strong><strong>African e-commerce platform Jumia is building an e-commerce <\/strong><strong>fulfillment center at Agility Logistics Park in Ghana<\/strong>, according to a company <a target=\"_blank\" href=\"https:\/\/agilityglobal.com\/jumia-choses-agility-logistics-park-ghana-for-e-commerce-fulfilment\/\" style=\"\" rel=\"noopener\">statement<\/a>. Jumia will occupy 6k square meters of space at ALP for a 10-year lease for storage, fulfillment, and office space. The facility will be used to hold products, process orders, and ship deliveries across Ghana, according to the statement. <\/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>#2- <\/strong><strong>KPC pa<\/strong><strong>rtners up with KNOC for crude oil storage: <\/strong>Kuwait Petroleum Corporation (KPC) has inked a two-year strategic agreement with Korea National Oil Corporation (KNOC) to store 4 mn barrels of Kuwaiti crude oil at one of KNOC\u2019s storage facilities in Ulsan, South Korea, Kuwaiti news agency <a target=\"_blank\" href=\"https:\/\/www.kuna.net.kw\/ArticleDetails.aspx?id=3192425\" style=\"\" rel=\"noopener\">Kuna<\/a> reported on Thursday.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We knew this was coming:<\/strong> KPC and KNOC signed an MoU in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/d7c65b81-11c3-4ed9-bf87-9c9fc209f54a\/warehouses,-cargo,-and-port-updates-from-kuwait,-uae-and-ksa\" style=\"\" rel=\"noopener\">June<\/a> for the storage of the crude oil, which is part of KPC\u2019s strategy of storing oil near vital markets. <\/p>\n<p class=\"tag-border-left\">SHIPPING + MARITIME- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Mawani l<\/strong><strong>aunches route linking UAE, Jordan, Egypt:<\/strong> The Saudi Ports Authority (Mawani) has added a new cargo shipping service operated by Emirates Shipping Line (ESL), dubbed GRC, to Jeddah Islamic Port, the <a target=\"_blank\" href=\"https:\/\/mawani.gov.sa\/article?news=031124&language=ar\" style=\"\" rel=\"noopener\">Saudi Ports Authority (Mawani) said in a statement<\/a>. The new service, which has a capacity of 2.5k standard containers, links Jeddah Islamic Port to the ports of Jabal Ali in the UAE, Aqaba in Jordan, and Sokhna in Egypt.<\/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\">DIGITALIZATION-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A<\/strong><strong>dnoc + DMT partner to boost integration of AI-driven tech in<\/strong><strong> the UAE<\/strong><strong>:<\/strong> The UAE\u2019s Adnoc and Abu Dhabi\u2019s Department of Municipalities and Transport (DMT) have signed a strategic collaboration agreement to explore the creation of an AI-driven shared service model to expand productivity and innovation in the country, a <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/infrastructure\/adnoc-and-department-of-municipalities-and-transport-partner-to-advance-infrastructure-and-community-services-in-abu-dhabi\/\" style=\"\" rel=\"noopener\">statement<\/a> said on Thursday. Under the agreement, the pair will look at ways to collaborate in a variety of areas including infrastructure, business support services, and urban planning, the statement says. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">ZONES<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Ras Al Khaimah partners with the UK Gov\u2019t to mull commercial, industrial <\/strong><strong>collaboration prospects:<\/strong> Ras Al Khaimah signed a partnership agreement with the UK Government to probe potential commercial and industrial collaboration and facilitate cross-border trade, according to <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/b60d9iy-ras-khaimah-government-strengthen-partnerships\" style=\"\" rel=\"noopener\">Wam<\/a>. The agreement also targets several sectors such as food security, education, and culture. In addition, both parties will consider launching a business incubator in Ras Al Khaimah to support UK companies looking to expand into the UAE and the Middle East.<\/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>Shenzhen Airlin<\/strong><strong>es launches Qatar-China route:<\/strong> China-based Shenzhen Airlines launched three weekly flights on 29 October between Doha\u2019s Hamad International Airport and China\u2019s Shenzhen Bao\u2019an International Airport. The flights will operate on Tuesdays, Thursdays and Sundays. (<a target=\"_blank\" href=\"https:\/\/www.airport-suppliers.com\/airport_press_release\/hamad-international-airport-further-enhances-china-qatar-connectivity-with-inauguration-of-shenzhen-airlines\/\" style=\"\" rel=\"noopener\">Statement<\/a>) <\/li>\n<li><strong>Etihad Airways<\/strong><strong> launches Sahel route:<\/strong> The UAE\u2019s Etihad Airways is launching flights to El Alamein International Airport on Egypt\u2019s northern coast in July 2025. (<a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/b5xe3on-etihad-airways-announces-new-flights-alamein\" style=\"\" rel=\"noopener\">Wam<\/a>)<\/li>\n<li><strong>NAV AERO + Saudi<\/strong><strong>a Cargo partner up:<\/strong> NAV AERO, the global cargo General Sales and Services (GSS) network, has signed a strategic partnership with Saudia Cargo to enhance its global connectivity and provide expanded air cargo solutions to clients globally. (<a target=\"_blank\" href=\"https:\/\/nav-aero.com\/2024\/10\/31\/nav-aero-global-cargo-gssa-network-welcomes-saudia-cargo-as-new-airline-partner\/\" style=\"\" rel=\"noopener\">Statement<\/a>) <\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/adnoc\/\">Adnoc<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/agility-logistics\/\">Agility Logistics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/jordan\/\">Jordan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/kuwait\/\">Kuwait<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/storagewarehouses\/\">STORAGE+WAREHOUSES<\/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=\"82123\" 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=\"82123\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Around the World<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/11\/04\/canada-scrambles-to-handle-nation-wide-port-strikes\/\">\r\n                            Canada scrambles to handle nation-wide port strikes                        <\/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\/11\/04\/canada-scrambles-to-handle-nation-wide-port-strikes\/\" 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 unlimited strike was called after talks for a new labor contract failed. The Maritime Employers Association is calling on federal Labour Minister Steven MacKinnon to intervene and bring back workers and employers to get back to the negotiating table.<\/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>Canada braces for strikes to spread west: <\/strong>Some 700 foreman at Vancouver port will be locked out today if they go through with plans for a proposed strike, employers at the port said on Friday, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/americas\/vancouver-port-employer-could-shut-out-foremen-bulk-grain-will-not-be-hit-2024-11-01\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported. The lockout notice comes in response to a 72-hour strike notice issued to employers, the British Columbia Maritime Employers Association (BCMEA) said. The potential strike would also impact operations at Prince Rupert port. Last year, an almost two-week strike disrupted some CAD 6 bn in trade at the two ports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>China\u2019s BYD <\/strong><strong>overtakes Tesla for the first time:<\/strong> Chinese electric vehicle manufacturer BYD announced 3Q revenues that exceeded that of its major competitor Tesla for the first time, <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2024\/10\/31\/chinese-ev-maker-byds-quarterly-sales-overtook-teslas-for-the-first-time.html\" style=\"\" rel=\"noopener\">CNBC<\/a> reports. Despite falling EV demand, BYD reported a 24% increase y-o-y in revenues to USD 28.2 bn, which exceeded Tesla\u2019s USD 25.2 bn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>But Tesla\u2019s net profit is still ahead: <\/strong>The US carmaker reported a net profit increase of 16.2% y-o-y to USD 2.18, compared to BYD\u2019s 11.5% y-o-y increase to USD 1.63. The same goes for Tesla\u2019s year-to date sales at USD 71.98 bn, compared to BYD\u2019s slightly lower sales of USD 70.5 bn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>The EU increased its tariffs on Chinese-built EVs by up to 45.3% on <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/917f1b4f-e7cf-47aa-a1db-d65e6ed19793\/today:-riyadh-air-orders-60-aircraft-from-airbus-%2B-dubai-south-getting-another-mro-facility\" style=\"\" rel=\"noopener\">Wednesday<\/a>. On top of the EU\u2019s standard 10% car import duty, the bloc will impose extra tariffs ranging from 7.8% for Tesla to 35.3% for China\u2019s SAIC.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/around-the-world\/\">AROUND THE WORLD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/canada\/\">Canada<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/earnings-watch\/\">EARNINGS WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/evs\/\">EVs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/maersk\/\">Maersk<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/ports\/\">PORTS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/shipping-maritime\/\">SHIPPING + MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"82125\" 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\/11\/04\/82125\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-82125\" class=\"content-area-description single-story post-82125 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\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>Indu Kishore building spare-parts facility in Dubai South | Bahri\u2019s net income up 127% in 3Q<\/p>\n","protected":false},"featured_media":82102,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-82101","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"9bc90536-bd29-45bc-ac98-582601b917cc","teaser":"Indu Kishore building spare-parts facility in Dubai South | Bahri\u2019s net income up 127% in 3Q","photo_url":"https:\/\/ent.news\/2024\/7\/753.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>Panattoni + GFH to develop SAR 2 bn logistics facilities in KSA - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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