{"id":86770,"date":"2025-06-04T00:00:00","date_gmt":"2025-06-04T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=86770"},"modified":"2025-12-15T16:51:25","modified_gmt":"2025-12-15T16:51:25","slug":"flynas-retail-offering-oversubscribed-by-3-5x-ipo-raises-total-of-sar-4-1","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/flynas-retail-offering-oversubscribed-by-3-5x-ipo-raises-total-of-sar-4-1\/","title":{"rendered":"Flynas\u2019 retail offering oversubscribed by 3.5x, IPO raises total of SAR 4.1"},"content":{"rendered":"<section id=\"86772\" 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=\"86772\">\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\/2025\/06\/04\/today-flynas-raise-sar-4-1-bn-egypts-new-export-support-program\/\">\r\n                            TODAY: Flynas raise SAR 4.1 bn + Egypt\u2019s new export-support program                        <\/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\/2025\/06\/04\/today-flynas-raise-sar-4-1-bn-egypts-new-export-support-program\/\" 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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Flynas\u2019 IPO updates lead the pack, followed by the latest on Egypt\u2019s trade policy, as well as PMI reports from Saudi, Kuwait, Qatar, and Egypt. We also have a slew of zones, investment, and aviation updates on our radar from across the region. Let\u2019s get the ball rolling. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A QUICK PROGRAMMING NOTE- <\/strong>EnterpriseAM Logistics will be taking a publication holiday for Eid Al Adha starting tomorrow and until Monday, 9 June. We\u2019ll be back to your inboxes on Tuesday, June 10. <\/p>\n<p class=\"tag-border-left\">WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt1\"><\/a>#1-<\/strong> <strong>Egypt <\/strong><strong>is looking into allocating three LNG shipments per month to <\/strong><strong>fertilizer and petrochemical factories for four months starting in July<\/strong>, government sources told <a target=\"_blank\" href=\"https:\/\/www.alarabiya.net\/aswaq\/exclusive\/2025\/06\/03\/%D9%85%D8%B5%D8%B1-%D8%AA%D8%AF%D8%B1%D8%B3-%D8%AA%D8%AE%D8%B5%D9%8A%D8%B5-3-%D8%B4%D8%AD%D9%86%D8%A7%D8%AA-%D8%BA%D8%A7%D8%B2-%D9%85%D8%B3%D8%A7%D9%84-%D8%B4%D9%87%D8%B1%D9%8A-%D8%A7-%D9%84%D9%85%D8%B5%D8%A7%D9%86%D8%B9-%D8%A7%D9%84%D8%A7%D8%B3%D9%85%D8%AF%D8%A9-%D9%88%D8%A7%D9%84%D8%A8%D8%AA%D8%B1%D9%88%D9%83%D9%8A%D9%85%D8%A7%D9%88%D9%8A%D8%A7%D8%AA\" style=\"\" rel=\"noopener\">Al Arabiya<\/a>. Each shipment is expected to carry between 70k-90k cbm of LNG, and the factories would cover their cost. The move comes after the government slashed its supply to the factories by 50% earlier in May for two weeks after Israeli gas imports were <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/b0dd13c0-03e9-4f5e-9825-22cae456ef86\/%253cmark%253e%253c%2Fmark%253etoday%253cmark%253e%253c%2Fmark%253e:%253cmark%253e%253c%2Fmark%253e%253cmark%253e%253c%2Fmark%253einvestcorp%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253ebacks%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eduqm%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eexpansion%253cmark%253e%253c%2Fmark%253e-%2B%253cmark%253e%253c%2Fmark%253e%253cmark%253e%253c%2Fmark%253ecanada%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253efirm%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eeyes%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eegypt%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253einvestments%253cmark%253e%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">cut by 20%<\/a> due to scheduled maintenance. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Fertilizer producers formally asked the Egyptian General Petroleum Corporation to <\/strong><strong>import additional shipments on their behalf<\/strong>, two sources in the fertilizer sector told EnterpriseAM, citing the corporations\u2019s ability to secure more competitive prices. The move is still under study and is yet to be greenlit, our sources said. The proposal includes full payment in USD for the shipments, freight, and liquefaction costs, our sources added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Despite recent improvement, gas flows to fertilizer and petrochemical factories are still <\/strong><strong>down<\/strong>, with the two sectors receiving 450-500 mn cubic feet per day (mcf\/d) since the start of this week \u2014 well below the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/6bfab6d0-e435-469f-ac69-a05b758bb1e9\/\" style=\"\" rel=\"noopener\">770 mcf\/d<\/a> the sector typically requires, Al Arabiya\u2019s sources added. Deliveries partially resumed on Saturday after a two-week disruption, Egyptian Chamber of Chemical Industries head Sherif El Gabaly told Al Arabiya.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> The Oil Ministry is planning to spend up to USD 2.5 bn to import <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/a5676c6b-01ba-4b22-9bee-6e58fdd68d0a\/\" style=\"\" rel=\"noopener\">60 LNG shipments through early September<\/a> to meet the expected high electricity demand during the summer period.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt2\"><\/a><\/strong><strong>#2- AD Ports Group<\/strong> <strong>has opened the first phase of the Tbilisi Intermodal Hub in Georgia<\/strong>, the company said in a <a target=\"_blank\" href=\"https:\/\/www.adportsgroup.com\/en\/news-and-media\/2025\/06\/03\/ad-ports-group-inaugurates-tbilisi-intermodal-hub-in-georgia\" style=\"\" rel=\"noopener\">press release<\/a>. The first phase is a dry port and inland container depot to handle cargo delivered by rail and truck to the hub \u2014 located between Georgia\u2019s key Black Sea ports and major land crossings with Armenia and Azerbaijan, and set to be both a domestic logistics platform and a regional gateway.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The next steps: <\/strong>Phases two and three will see the Tbilisi Intermodal Hub expand the cargo it handles to include containerized vehicles and break-bulk commodities like minerals, fertilizers, and ores, supporting trade flows between China, the South Caucasus, and Europe. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong>AD Ports acquired a 60% stake in Georgia\u2019s Tbilisi Dry Port to develop the Tbilisi Intermodal Hub back in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/9c43f157-d536-4603-bcfd-53079e5e52d5\/ad-ports-acquires-60%2525-of%253cmark%253e-georgia%253c%2Fmark%253e%25e2%2580%2599s-tbilisi-dry-port\" style=\"\" rel=\"noopener\">March 2024<\/a>. The remaining 40% is owned by and 40% by Inveco LLC and Wilhelmsen. The hub is designed to scale up capacity from 96k TEUs today to 200k TEUs by 2026, and will feature a container freight station, warehouses, and an additional railway.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- Kuwait\u2019s KIA joins MGX\u2019s AI infrastructure fund<\/strong>: The <a target=\"_blank\" href=\"https:\/\/www.kia.gov.kw\/\" style=\"\" rel=\"noopener\">Kuwait Investment Authority<\/a> (KIA) has joined the AI Infrastructure Partnership (AIP) as its first non-founding financial anchor investor, according to the <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/technology\/mgx-blackrock-global-infrastructure-partners-and-microsoft-welcome-kuwait-investment-authority-to-ai-infrastructure-partnership\/\" style=\"\" rel=\"noopener\">Abu Dhabi Media Office<\/a> statement. KIA will now become a strategic capital partner to the group in its bid to mobilize USD 30 bn from investors and deploy up to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/e99dc964-3491-429f-b829-7f041b6550dc\/adq-and-ecp-partner-on-usd-25-bn-venture-for-us-data-centers\" style=\"\" rel=\"noopener\">USD 100 bn<\/a> \u2014 including from debt \u2014 into AI data centers and related infrastructure systems.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REFRESHER- <\/strong>The <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/15281c45-4a21-43a3-b3c6-4f3c8781c388\/big-moves-from-g42-and%253cmark%253e-mgx%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">AI Infrastructure Partnership<\/a> is an AI infrastructure fund founded by Abu Dhabi-based investment firm MGX, BlackRock, Global Infrastructure Partners, and Microsoft last September, and also includes <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/e99dc964-3491-429f-b829-7f041b6550dc\/adq-and-ecp-partner-on-usd-25-bn-venture-for-us-data-centers\" style=\"\" rel=\"noopener\">Nvidia and Elon Musk\u2019s xAI<\/a> among its partners.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a>#4- <\/strong><strong>State-owned Vietnam Airlines is set to finalize a USD 7.8 <\/strong><strong>bn <\/strong><strong>order for 50 Boeing 737 MAX aircraft<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/en\/vietnam-airlines-finalise-order-50-boeing-737-max-jets-very-soon-executive-says-2025-06-02\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing an unnamed executive from the airline. The order \u2014 placed provisionally in 2023 \u2014 is part of the airline\u2019s plan to add about 100 narrow-body aircraft by 2035 in a bid to modernize its fleet and expand operations. The company is also exploring a possible Airbus order on condition a confirmed delivery slot could be determined. Airbus is Vietnam\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/dd7641ac-8cc3-49e1-9915-055ebeb93680\/%253cmark%253etaiwan%253c%2Fmark%253e,-vietnam-eyes-lng,-aviation-trade-with-us\" style=\"\" rel=\"noopener\">main jet supplier<\/a>, with an 86% market share. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- Aircraft orders are emerging as a bargaining chip \u2014 or perhaps a showing <\/strong><strong>of goodwill \u2014 in trade talks with the US<\/strong>, with several global and regional players reportedly moving on big Boeing orders over the last weeks as part of national strategies to appease the US. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Je<\/strong><strong>t <\/strong><strong>orders diplomacy is good news for Boeing: <\/strong>The Bank of America has raised Boeing\u2019s stock price target from neutral at USD 185 to buy at USD 260 as major jet orders stack up, pushing the manufacturer out of a \u201cdoom loop,\u201d <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-06-02\/boeing-ba-a-buy-at-bofa-as-trump-favors-planemaker-for-trade-talks\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported, citing BoA analyst Ronald Epstein\u2019s research note. \u201cBoeing aircraft have emerged as a favored trade mechanism in recent US trade negotiations, which we suspect will continue,\u201d Epstein said. Boeing\u2019s shares rose by 2.1% on Monday and gained over 50% m-o-m from April.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Gulf\u2019s recent orders were a case in point<\/strong><strong>: <\/strong>Several Gulf aviation players placed major Boeing orders during US President Donald Trump\u2019s visit to the region last month, with Qatar Airways inking the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/9a95bc53-ef2f-4eb0-b4f0-cf4a7ae18213\/%253cmark%253eqatar-airways%253c%2Fmark%253e-places-usd-96-bn-order-for-up-to-210-boeing-jets\" style=\"\" rel=\"noopener\">biggest order on record for up to 210 jets<\/a> from Boeing. PIF-backed AviLease and UAE\u2019s Etihad also placed their own jet orders for a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/b6287c7c-4b63-4f4a-a31c-024c972dc6d0\/uae,-us-ink-usd-multi-bns-data-centers,-aviation-agreements\" style=\"\" rel=\"noopener\">total o<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/b6287c7c-4b63-4f4a-a31c-024c972dc6d0\/uae,-us-ink-usd-multi-bns-data-centers,-aviation-agreements\" style=\"\" rel=\"noopener\">f 48 jets<\/a> with a combined value of USD 19.3 bn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN OTHER GLOBAL AVIATION UPDATES- <\/strong><strong>European <\/strong><strong>jet maker Airbus\u2019 deliveries slumped 4% y-o-y in May<\/strong>, turning over around 51 aircraft, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/aerospace-defense\/airbus-deliveries-fell-4-may-sources-say-2025-06-03\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing industry sources. The company\u2019s deliveries have fallen 5% y-o-y in the first five months of this year, totaling around 243 planes in 2025 thus far. Airbus <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/9a6215b4-e75e-49ef-ab6a-3e7b73a30180\/%253cmark%253eairbus%253c%2Fmark%253e-delivers-136-commercial-aircraft-in-1q-2025-%2B-trump-tariffs-target-foreign-films\" style=\"\" rel=\"noopener\">delivered 136 commercial units in 1Q<\/a> \u2014 a 4% dip, based on our calculations, compared to the company\u2019s 142 units turned over in the same period last year. The deliveries beat Boeing\u2019s 83 jet deliveries in 1Q. The France-based firm\u2019s earnings rose 33% to EUR 793 mn last quarter, with revenues surging 6% y-o-y to EUR 13.5 bn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">MARKET WATCH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Oil prices went down this morning amid renewed concerns over tariffs and Opec+ <\/strong><strong>anticipated production hikes<\/strong> \u2014 and worries about a dip in Canadian supplies were not enough to buoy the rates, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/oil-prices-slip-rising-opec-output-tariff-fears-weigh-outlook-2025-06-04\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. Brent crude futures dropped by USD 0.23 to reach USD 65.40 a barrel, while the US West Texas Intermediate (WTI) dipped by USD 0.25 to hit USD 63.16 a barrel by 03.18 GMT. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Meanwhile, Riyadh, Moscow clash over Opec+ output:<\/strong> Saudi Arabia and Russia were reportedly at odds during <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/88ddb107-081f-4835-b05e-5e1f2b745c94\" style=\"\" rel=\"noopener\">Opec+\u2019s meeting on Saturday<\/a> before reaching a compromise to raise oil production by 411k bbl \/ d, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/behind-opec-oil-output-hike-saudi-russian-tensions-simmer-2025-06-02\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported, citing four sources it said are close to the negotiations. The last major policy clash between the two came in <a target=\"_blank\" href=\"https:\/\/www.atlanticcouncil.org\/blogs\/new-atlanticist\/saudi-arabia-and-russia-feud-over-coronavirus-oil-response-will-everyone-lose\/\" style=\"\" rel=\"noopener\">2020<\/a>, when all Opec+ members flooded the market, sending prices into a tailspin.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Unlike earlier decisions, Saturday\u2019s meeting was marked by sharper internal divisions<\/strong>, sources told the newswire. The Kingdom lobbied for a higher output hike than the agreed 411k bbl \/ d, frustrated by overproduction from violators like Iraq and Kazakhstan in recent months. But Russia, backed by Oman and Algeria, opposed any acceleration in output, warning that demand may not be strong enough to absorb the extra barrels, the sources added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Diverging capacities and constraints:<\/strong> Saudi Arabia holds the largest spare production capacity in the group and is well-positioned to ramp up output and seize market share. Russia, on the other hand, is facing declining spare capacity due to underinvestment and Western sanctions, which have limited its ability to sell to refiners outside friendly markets.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>By the numbers:<\/strong> Opec+ has boosted its output by 1.37 mn bbl \/ d so far this year. However, the group maintains nearly 4.5 mn bbl \/ d in production cuts, established over the last five years to bolster the market, which represents around 4.5% of global demand, according to Reuters calculations.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Baltic index on the up and up:<\/strong> The Baltic Exchange\u2019s dry bulk sea freight index \u2014 which tracks rates for the capesize, panamax, and supramax vessel segments \u2014 <a target=\"_blank\" href=\"https:\/\/tradingeconomics.com\/commodity\/baltic\" style=\"\" rel=\"noopener\">rose 0.6%<\/a> to 1,430 points on Tuesday, buoyed by larger vessels. The capesize index was up 1.4% to 2,333 points, while the panamax index gained 0.1% to 1,108 points. The smaller supramax index shed six points to 942 points . <\/p>\n<p class=\"tag-border-left\">DATA POINT- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Abu Dhabi\u2019s non-oil foreign trade hit AED 89.6 bn in 1Q 2025,<\/strong><strong> marking a 25.7% y-o-y increase<\/strong>, according to import and export data from January, February, and March (<a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/6\/269.pdf\" style=\"\" rel=\"noopener\">here<\/a>, <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/6\/270.pdf\" style=\"\" rel=\"noopener\">here<\/a>, and <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/6\/271.pdf\" style=\"\" rel=\"noopener\">here<\/a>) from Abu Dhabi\u2019s statistics center. Imports for the quarter settled at AED 34 bn, while total exports \u2014 including re-exports \u2014 accounted for AED 55.6 bn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REFRESHER-<\/strong> Abu Dhabi\u2019s non-oil foreign trade grew <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/e907329e-00d9-4f35-af64-66056de80cec\/abu-dhabi%E2%80%99s-non-oil-foreign-trade-volume-reached-aed-306-bn-in-2024\" style=\"\" rel=\"noopener\">7.6% to AED 306 bn<\/a> in 2024. Imports fell 3% y-o-y to AED 35 bn, while exports and re-exports increased 30.2% y-o-y to AED 42.8 bn, widening its trade surplus to AED 7.8 bn. <\/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;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>France will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.siae.fr\/en\/\" style=\"\" rel=\"noopener\">International Paris Air Show<\/a><\/strong><strong> from Monday, 16 June to Sunday, 22 June <\/strong>in Paris. The event will host 300k visitors to view some 2.5k exhibitors from 48 countries, 300 start-ups and 150 air carriers on display \u2013 all showcasing cutting-edge tech in the aviation field.<\/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>Turkey will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/eurasiarail.eu\/Home?gad_source=1&gad_campaignid=20152951162&gbraid=0AAAAApUGQpQko06Kzie5nEPLsNfo2aIYM&gclid=CjwKCAjwuIbBBhBvEiwAsNypvaf_VxQfzw2H6fZcm9o9WVD8tj_VcV1JSgR0Pif3tT40zcNr6UBGyBoCETkQAvD_BwE\" style=\"\" rel=\"noopener\">Eurasia Rail<\/a><\/strong><strong> from Wednesday, 18 June to Thursday, 19 June<\/strong> in Istanbul. The event will host 7.7k visitors interested in Turkey\u2019s railway sector or are railway technology buyers, and will feature engineering, products and services from both private and public sectors.<\/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>Greece will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.emmc.me\" style=\"\" rel=\"noopener\">East Med Maritime Conference<\/a><\/strong><strong> on Thursday, 19 June<\/strong> in Athens. The event will showcase new developments and tech in the shipping, logistics and offshore field \u2013 hosting an array of key leaders, exports, port operators and shippers in the maritime industry. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE will host <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.terrapinn.com\/exhibition\/middle-east-rail\/index.stm\" style=\"\" rel=\"noopener\">Middle East Rail<\/a><\/strong><strong> from Tuesday, 24 June to Thursday, 25 June<\/strong> in Dubai. The conference at Dubai World Trade <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Check out our full calendar<\/strong> at the bottom of this email for a comprehensive listing of upcoming news events and news triggers.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/ad-ports\/\">AD Ports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/airbus\/\">Airbus<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span 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href=\"https:\/\/enterpriseam.com\/logistics\/2025\/06\/04\/flynas-retail-offering-wraps-with-3-5x-oversubscription\/\">\r\n                            flynas\u2019 retail offering was 3.5x covered, IPO set to be Saudi\u2019s largest since Aramco went public                        <\/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\/2025\/06\/04\/flynas-retail-offering-wraps-with-3-5x-oversubscription\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" 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alt=\"\" data-attachment-id=\"86776\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2025\/06\/04\/flynas-retail-offering-wraps-with-3-5x-oversubscription\/993-jpg-11\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/993.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"993.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/993.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/993.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-86775\" class=\"content-area-description single-story post-86775 post type-post status-publish format-standard has-post-thumbnail hentry category-ipo-watch tag-aviation tag-flynas tag-ipo-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\/2025\/6\/.965c32a1-75fc-4ffa-bbaf-0d7e7d57b5bf.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> <\/strong><strong>Flynas saw the retail tranche of its SAR 4.1 bn IPO 3.5x covered<\/strong>, according to <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/6\/236.pdf\" style=\"\" rel=\"noopener\">a statement<\/a><a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/6\/236.pdf\" style=\"\" rel=\"noopener\">(pdf)<\/a>. Individual investors booked 10.3 mn, or 20%, of the total shares on offer, lining up at least 10 pieces each. The books are now closed on the budget air carrier\u2019s main market IPO after it wrapped up final allocations.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REFRESHER- <\/strong>Flynas priced its IPO at <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/426fcfd0-9d29-4ef0-823d-a9d0b7bbb3f5\/%253cmark%253eflynas%253c%2Fmark%253e-priced-its-ipo-at-sar-80-per-share,-amid-massive-investor-demand\" style=\"\" rel=\"noopener\">SAR 80 a piece<\/a>, the top of the range it was guiding on, after its institutional offering saw overwhelming demand. The larger institutional tranche of the IPO \u2014 in which the PIF-backed airline is taking a 30% stake to Tadawul \u2014 was 100x oversubscribed. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Demand drivers<\/strong>: Investor appetite was buoyed by a positive macro narrative, and a solid financial and operational pitch. For example, the travel and tourism sector is expected to contribute <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/589576b9-2869-464c-a103-a258da4498c7\" style=\"\" rel=\"noopener\">10% or higher to the Kingdom\u2019s GDP this year<\/a>, and the Tourism Ministry is targeting <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/4d43f6ce-8ecc-41b8-8135-0da085f9952c#:~:text=New%20day%2C%20new%20tourism%20target\" style=\"\" rel=\"noopener\">150 mn tourist trips<\/a> by 2030, up from around 104 mn in 2023.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- Flynas\u2019 net income inched down 1% y-o-y d to SAR 148 mn in 1Q<\/strong>, reflecting a baseline effect driven by a non-recurring gain in the previous year, <a target=\"_blank\" href=\"https:\/\/www.alarabiya.net\/aswaq\/companies\/2025\/06\/03\/-%D8%A7%D8%B1%D8%A8%D8%A7%D8%AD-%D8%B7%D9%8A%D8%B1%D8%A7%D9%86-%D9%86%D8%A7%D8%B3-%D8%AA%D8%AA%D8%B1%D8%A7%D8%AC%D8%B9-1-%D8%A7%D9%84%D9%89-148-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%B1%D9%8A%D8%A7%D9%84-%D8%A8%D8%A7%D9%84%D8%B1%D8%A8%D8%B9-%D8%A7%D9%84%D8%A7%D9%88%D9%84-2025\" style=\"\" rel=\"noopener\">Al Arabiya<\/a> reports. Revenues rose 6% y-o-y to SAR 1.8 bn. The company also recorded the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/74f854ba-c450-442c-aa9e-3ae57b2759d4\/flynas,-prince-mohammed-airport-post-lowest-complaint-rates-in-april--gaca\" style=\"\" rel=\"noopener\">lowest complaint rate<\/a> among Saudi carriers in April.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Third-ever airline IPO in the GCC\u2026<\/strong>: This is the region\u2019s first IPO of a major airline since 2008, and only the third-ever carrier to list in the GCC after Air Arabia and Jazeera Airway \u2014 beating Abu Dhabi\u2019s Etihad Airways to market. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u2026and the biggest Saudi IPO since Aramco: <\/strong>The SAR 4.1 bn offering is the Kingdom\u2019s largest so far this year, outpacing Umm Al Qura for Development <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/6827bcfe-e4d5-405d-bfd4-90b626258217\/%253cmark%253eumm-al-qura%253c%2Fmark%253e-share-price-jumps-to-sar-19.50-on-tadawul-debut-%2B-net-income-up-57%2525-in-2024\" style=\"\" rel=\"noopener\">(SAR 2 bn)<\/a>, and Almoosa Health <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/d265b15b-34a3-4277-938c-6669440b4575\/almoosa-health-prices-ipo-top-of-the-guidance-range\" style=\"\" rel=\"noopener\">(SAR 1.7 bn)<\/a>. It also ranks as the highest-grossing Saudi IPO since Aramco\u2019s stellar USD 29.4 bn debut in 2019. Flynas\u2019 raise alone, surpasses total IPO proceeds in the UAE this year, where only one company \u2014 Alpha Data \u2014 has gone public, raising <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/cdbdc8fe-276f-4c96-b9b5-eb9314b9bbc2\/%253cmark%253ealpha-data%253c%2Fmark%253e-prices-ipo-top-of-the-range\" style=\"\" rel=\"noopener\">AED 600 mn<\/a> on the ADX. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Jet delivery delays could pose a headache: <\/strong>Flynas may still be facing some hurdles from ongoing aircraft supply chain disruptions, as Airbus, its primary supplier, has warned airlines of <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/0ef859a6-c636-4b3e-8ae2-3f0a559a2a9c\/airbus-warns-airlines-over-3-year-delays-amid-supply-chain-issues,-us-halts-tech-exports-to-china\" style=\"\" rel=\"noopener\">delivery delays<\/a> up to three years due to shortages in engines and components. While Flynas has not reported any specific setbacks, it has over <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/83c57c48-a2e0-4cb7-b9a1-1c62bf316383\/saudi%25e2%2580%2599s%253cmark%253e-flynas%253c%2Fmark%253e-places-an-order-for-160-aircraft-from-airbus\" style=\"\" rel=\"noopener\">160 aircraft on order<\/a> in a transaction valued at USD 30 bn through 2030 \u2014 potentially exposing it to the industry-wide bottlenecks. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADVISORS- <\/strong>Goldman Sachs Saudi Arabia, BSF Capital, and Morgan Stanley Saudi Arabia are joint financial advisors and underwriters. BSF Capital is also serving as lead manager. Bookrunners include Emirates NBD Capital KSA, Goldman Sachs Saudi Arabia, Al Rajhi Capital, BSF Capital, Citigroup Saudi Arabia, NAB Capital, and Morgan Stanley Saudi Arabia. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Receiving agents<\/strong> include BSF Capital, Al Rajhi Capital, SNB Capital, and Riyad Capital, among others.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO IN THE <\/strong><strong>PIPELINE<\/strong><strong>-<\/strong><\/p>\n<ul>\n<li><strong>Saudi Global Ports (SGP)<\/strong> reportedly <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/748b4716-d22f-4a79-b8ca-66f325bebc06\/pif%25e2%2580%2599s-saudi-global-ports-taps-banks-for-potential%253cmark%253e-ipo%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">tapped banks<\/a> in December, including Goldman Sachs and HSBC, to arrange an upcoming IPO;<\/li>\n<li>Saudi e-commerce platform <strong>Salla <\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/9e662098-de31-44d9-85f9-ba07240cbc52\/%253cmark%253einvestcorp%253c%2Fmark%253e-leads-usd-130-mn-pre-ipo-round-for-salla\" style=\"\" rel=\"noopener\"><\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/9e662098-de31-44d9-85f9-ba07240cbc52\/%253cmark%253einvestcorp%253c%2Fmark%253e-leads-usd-130-mn-pre-ipo-round-for-salla\" style=\"\" rel=\"noopener\">raised USD 130 mn<\/a> in a pre-IPO investment round led by Bahrain-based Investcorp and others. Salla is yet to announce a timeline;<\/li>\n<li>Israel\u2019s <strong>Ashdod Port Company<\/strong> <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/503ff629-5135-44dc-a459-dfd056bce0e4\/today:-bahrain%25e2%2580%2599s-gfh-snaps-up-logistics-fund-manrre-reit-%2B-pmi-reports-are-in-for-ksa,-uae-and-egypt\" style=\"\" rel=\"noopener\">plans to float<\/a> up to 49%, and has published a tender to <a target=\"_blank\" href=\"https:\/\/english.alarabiya.net\/business\/2025\/01\/01\/israel-s-ashdod-port-to-launch-ipo-of-up-to-49-pct-of-its-shares\" style=\"\" rel=\"noopener\">select an IPO adviser<\/a> in January;<\/li>\n<li><strong>The Egyptian gov\u2019t<\/strong> is planning on selling a stake in the military-owned <strong>National Roads Company<\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/88ddb107-081f-4835-b05e-5e1f2b745c94\/today:-ajman-port%25e2%2580%2599s-aed-1-bn-revamp-%2B-icd-divests-25%2525-from-port-operator\" style=\"\" rel=\"noopener\">in 2026<\/a>, as part of the government\u2019s privatization program;<\/li>\n<li><strong>Etihad Airways<\/strong> could be <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/f4c496c8-8364-4aa2-b451-60211702ee4f\/etihad-airways-could-hit-adx-before-the-end-of-february\" style=\"\" rel=\"noopener\">gearing up<\/a> for a listing on ADX. A final decision on the move is yet to be made by shareholders, but the airline is ready for it anyway, CEO Antonoaldo Neves told Reuters late last April;<\/li>\n<li>Malaysia\u2019s largest port operator <strong>MMC Port Holdings<\/strong> <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/530b2a83-580b-4bb8-952d-db8b94c5b8f4\/malaysian-port-operator-mmc-port-holdings-taps-local-banks-to-prepare-its-planned-usd-1.34-bn%253cmark%253e-ipo%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">has hired local banks<\/a> CIMB and Maybank to work on its planned initial public offering (IPO) that is projected to reel in over USD 1.34 bn. The IPO \u2014 possibly Malaysia\u2019s largest in over a decade \u2014 is expected to move forward between 2H 2025 and 2026;<\/li>\n<li>E-commerce and B2B firm <strong>Silq Group<\/strong> \u2014 the result of a recent merger between Saudi e-commerce platform Sary and Bangladesh\u2019s ShopUp \u2014 <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/86867e06-7de1-4a9b-a909-b54809f6c096\/sary-merges-with-bangladesh%25e2%2580%2599s-shopup-to-launch-new-b2b-platform,-raising-usd-110-mn\" style=\"\" rel=\"noopener\">is eying an IPO<\/a> in 2027;<\/li>\n<li><strong>Adnoc <\/strong>is reportedly <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/f3e279e3-f7fd-4ddd-aed6-81d265173055\/adnoc-eyes%253cmark%253e-ipo%253c%2Fmark%253e-debut-for-xrg\" style=\"\" rel=\"noopener\">weighing an IPO<\/a> for its recently set up USD 80 bn low-carbon and chemicals arm XRG on an international exchange. Any future floatation will take effect in five-odd years, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/adnoc-eyes-international-listing-xrg-sources-say-2025-03-07\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported in May, citing an unnamed source.<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/flynas\/\">Flynas<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/ipo-watch\/\">IPO 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=\"86777 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=\"86777\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/06\/04\/86777\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-86777\" class=\"content-area-description single-story post-86777 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/yanmuparks.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/425.jpg?ssl=1\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"86778\" 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=\"86778\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/06\/04\/egypt-doubles-upcoming-export-support-program-budget-lays-out-its-main-components\/\">\r\n                            Egypt doubles upcoming export support program budget, lays out its main components                        <\/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\/2025\/06\/04\/egypt-doubles-upcoming-export-support-program-budget-lays-out-its-main-components\/\" 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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We put together the main points to keep you up to speed:<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- The program this time round will nearly double in size to EGP 45 bn<\/strong>, up from last year\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/be05bb1e-d7c8-47e3-a127-b16841306df2\/how-the-madbouly-government-plans-to-boost-industry-in-fy-2024-25\" style=\"\" rel=\"noopener\">EGP 23 bn<\/a>, the ministers noted, confirming what <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7baf248b-c4bd-45ef-b058-cecf7943a58d\/\" style=\"\" rel=\"noopener\">EnterpriseAM reported<\/a> a month ago. This doubling of the allocated budget is reflected in an increase in all basic ratios by 50% \u2014 a significant change of course from the current year\u2019s program that <a target=\"_blank\" rel=\"noopener\">slashed payout rates by up to 70%<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- The lion\u2019s share will go towards targeted sectors<\/strong>, accounting for EGP 38 bn of the EGP 45 bn total, while EGP 7 bn will be used as part of a flexible reserve. The flexible component will be used to give additional support on top to complex, high-potential products \u2014 especially in engineering and chemicals \u2014 attract global players, and improve export-related infrastructure.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- Engineering industries are getting EGP 7 bn of <\/strong><strong>the allocation<\/strong>, accounting for 18% of the program. Also among the recipients are the food industries with just under EGP 7 bn, agricultural produce with EGP 6.2 bn, the chemical industry with EGP 6.1, and ready-made garments with EGP 4.9 bn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- Small and emerging companies will get 60% of the support<\/strong>, while those classes as major exporters will receive the remaining 40%, according to a set of <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/permalink.php?story_fbid=pfbid0SpdExaeFokBWzWbSe6Ktb3ch5UQk3NeB1TJW9PTWuJu6zVuT7rNvpDTMt1WZCEs8l&id=61562245173260\" style=\"\" rel=\"noopener\">infographics<\/a> from the ministry.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#5- The program\u2019s allocation model weighs four factors<\/strong> \u2014 with 50% of the weight assessing value-added content, 30% for export growth, 10% for production capacity, and 10% for job creation. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#6- Those really pushing export rates will also be rewarded for their efforts<\/strong>, with a 9% bump for those increasing export rates 15-25% annually and a 15% increase for those exceeding the 25% y-o-y benchmark. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#7- Those who use a larger local component ratio will also get a boost<\/strong>, with the greater the sector\u2019s local component ratio, the larger its share will be of the support program, El Khatib told <a target=\"_blank\" href=\"https:\/\/www.alarabiya.net\/aswaq\/exclusive\/2025\/06\/03\/%D8%A7%D9%84%D8%AE%D8%B7%D9%8A%D8%A8-%D9%84%D9%84%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9-%D8%A8%D8%B1%D9%86%D8%A7%D9%85%D8%AC-%D8%B1%D8%AF-%D8%A7%D9%84%D8%B5%D8%A7%D8%AF%D8%B1%D8%A7%D8%AA-%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%8A-%D9%8A%D8%B9%D8%B8%D9%85-%D8%A7%D9%84%D8%B9%D8%A7%D8%A6%D8%AF-%D9%85%D9%86-%D9%83%D9%84-%D8%AC%D9%86%D9%8A%D9%87-%D9%8A-%D9%86%D9%81%D9%82-%D9%84%D8%AC%D8%B0%D8%A8-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A7%D8%B1%D8%A7%D8%AA\" style=\"\" rel=\"noopener\">Al Arabiya<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#8- Speedy disbursements will continue<\/strong>, with the government committing to a policy of paying receivables within 90 days without deductions for outstanding taxes \u2014 a first for the program.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#9- The government will settle EGP 60 bn of overdue subsidies dating back to before July 2024 over a <\/strong><strong>four-year period.<\/strong> Half \u2014 or EGP 30 bn \u2014 will be paid out in hardcash to exporters, while the rest will be cleared through offsets against taxes, customs dues, and utility bills.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#10- Exports opening up access to Africa and businesses in Upper Egypt will also be given <\/strong><strong>more support<\/strong>, with the increase in rates for both factors increasing from a 15% addition to a 25% addition in the new program.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#11- The new program will retain the requirement that exporters give up a percentage of <\/strong><strong>their USD proceeds <\/strong>\u2014 currently stands at 50% in this fiscal year\u2019s revamped program \u2014 El Khatib <\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- 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class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"86782\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2025\/06\/04\/how-egypt-ksa-kuwait-and-qatars-non-oil-private-sector-fared-in-may\/345-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/6\/345.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"345.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/6\/345.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/6\/345.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-86781\" class=\"content-area-description single-story post-86781 post type-post status-publish format-standard has-post-thumbnail hentry category-purchasing tag-egypt tag-kuwait tag-purchasing tag-qatar 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\/2025\/6\/.6f65c336-54f9-49b8-a7ec-804b29fe6844.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>How the KSA + Kuwait + Qatar + Egypt\u2019s non-oil private sectors fared in May:<\/strong> Purchasing manager indices (PMI) tracking non-energy sectors saw varying results in the four countries in May, with the three Gulf countries seeing their non-oil activity remain in the green, while Egypt inched closer towards expansion territory.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> The all-important 50.0 mark is the threshold separating contraction from growth. Anything above 50 denotes expansion, while anything below indicates contraction.<\/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\">SAUDI <strong>ARABIA<\/strong>-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Non-oil business activity in the Kingdom accelerated in May,<\/strong> driven by an expansion in new business due to improvements in demand and business sentiment, according to the <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/6\/248.pdf\" style=\"\" rel=\"noopener\">Riyad Bank Saudi Arabia PMI (pdf)<\/a>. The seasonally adjusted headline figure came in at 55.8 in May, up slightly from 55.6 in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/0d5bacf4-9bed-4689-a6c5-ea4f3d097064\/how-gulf-countries%25e2%2580%2599-non-oil-private-sectors-fared-in-april\" style=\"\" rel=\"noopener\">April<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>New orders rose substantially during the month:<\/strong> The new orders subindex rose to 62.5 in May, up from 58.6 in April, breaking a three-month spell of decline, according to <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/saudi-arabias-non-oil-private-sector-growth-accelerates-may-pmi-shows-2025-06-03\/\" style=\"\" rel=\"noopener\">Reuters<\/a>. The new orders index was the only sub-component to rise in May, with businesses linking this to \u201cincreased demand, strong sales performances, industrial development and new marketing initiatives,\u201d the report reads. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Purchasing activity also continued to rise,<\/strong> accelerating to a 14-month high despite \u201cgreater caution towards stockpiling,\u201d according to the report.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This came in tandem with a rise in input prices \u2014 <\/strong>albeit at a slower pace than the previous month, with the slowdown coming due to subdued wage pressures. However, output prices fell in May due to a sharp decrease in service sector charges. \u201cOutput prices reverted into the contractionary territory due to competitive market conditions with the service sector leading the reduction, contrasting with rising prices in manufacturing, construction and wholesale & retail,\u201d National Bank of Kuwait's Issa Hijazeen told EnterpriseAM.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The future\u2019s looking bright for Saudi businesses:<\/strong> \u201cLooking ahead, sentiment among non-oil firms has strengthened visibly. Business expectations looking forward reached their highest level since late 2023. Hiring momentum remained strong as companies expanded teams to support output growth, particularly in operations and sales. Together, these indicators point to a non-oil sector that remains firmly in expansion territory \u2014 buoyed by resilient demand, growing confidence, and operational readiness for continued growth in the second half of the year,\u201d Riyad Bank's chief economist Naif Al Ghaith said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">KUWAIT-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Non-oil activity in Kuwait expanded at a slightly slower pace in May,<\/strong> with the country now recording its ninth consecutive month above the 50.0 mark for healthy growth, according to <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/6\/257.pdf\" style=\"\" rel=\"noopener\">S&P Global\u2019s PMI (pdf)<\/a>. Kuwait\u2019s headline reading fell to 53.9 in May, down from 54.2 in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/0d5bacf4-9bed-4689-a6c5-ea4f3d097064\/how-gulf-countries%25e2%2580%2599-non-oil-private-sectors-fared-in-april\" style=\"\" rel=\"noopener\">April<\/a> \u2014 which had been a five-month high for the nation\u2019s headline figure.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>New orders were on the rise once again<\/strong>, albeit at a slower pace than in April, according to the report. New export orders also saw a marked expansion during the month, with competitive pricing also helping surveyed firms secure new orders in international markets. The rise in new orders coupled with a \u201cdesire to complete projects in a timely manner\u201d led to increased staffing levels for the third consecutive month, which came in tandem with faster levels of job creation \u2014 the joint-fastest since the series began in September 2018.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Input costs rose for the second consecutive month,<\/strong> with the pace of inflation rising at its fastest rate since March 2024. In turn, companies raised their output prices at a stronger pace in May, with charges increasing at the sharpest rate in almost a year. \"Companies are also facing cost pressures, meaning that they are having to increase their selling prices more quickly. So far, this has not been detrimental to demand, but this will also be important to watch out for as the year progresses,\" S&P Global\u2019s Andrew Harker said in the report.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The outlook continues to improve:<\/strong> \u201cBusiness confidence ticked up to a 12-month high in May, with around 36% of respondents predicting a rise in output over the coming year. Positive sentiment reflected continued competitive pricing, marketing activity and improving demand,\u201d the report reads.<\/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\">QATAR-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Qatari non-oil private sector\u2019s growth slightly increased from the previous month,<\/strong> with the improvements coming due to a rise in new work, according to <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/6\/264.pdf\" style=\"\" rel=\"noopener\">Qatar Financial Center PMI (pdf)<\/a>. The nation\u2019s headline figure came in at 50.8 in May, up from 50.7 in April, keeping Doha just slightly above the 50.0 threshold indicating growth \u2014 but well below the long-run survey average of 52.2. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Total business activity declined slightly in May,<\/strong> causing a build-up in outstanding orders for the sixth consecutive month. However, new business activity grew for the second month in a row in May, which reflected growth in the wholesale & retail and services sectors. Purchasing activity rose to its fastest rate in two years, once again aided by improvements to suppliers\u2019 delivery times, which saw their quickest improvement since December 2022.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Employment increased at one of its strongest rates on record,<\/strong> extending the current run of job creation to ten consecutive months. Overall job creation rose at the third-highest on record, with workforces expanding in sectors that include manufacturing, wholesale & retail, and services, but only marginally in construction. This came with a sharp increase in wages, which rose once again but did so at their slowest pace since December. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Qatari businesses are growing more confident:<\/strong> \u201cThe 12-month outlook for the non-energy private sector remained positive in May, with confidence linked to strong demand across the real estate sector, generally improving market conditions, new business opportunities, industrial development and growth of the expat population. Sentiment strengthened since April and was broadly in line with the trend for 2025 so far, remaining stronger than a year earlier,\u201d the report reads.<\/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\">EGYPT-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Non-oil private sector activity declined at a slower pace in May,<\/strong> with fewer firms reporting cutbacks to customer sales, according to S&P Global\u2019s latest <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/6\/244.pdf\" style=\"\" rel=\"noopener\">Purchasing Managers Index (PMI) report (pdf)<\/a>. Egypt\u2019s headline figure rose by 1 percentage point to 49.5 in May, up from 48.5 in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/821616c7-2fce-4de4-99d8-7a5e472ac8b0\/egypt-and-lebanon%25e2%2580%2599s-non-oil-private-sectors-remain-in-the-red-in-april\" style=\"\" rel=\"noopener\">April<\/a>, marking the slowest pace of contraction in three months.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>New orders and overall output continued to fall during the month <\/strong>\u2014 albeit at a slower pace. The new orders sub-index came in at 49.1, up from from 47.24 in April, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/site-search\/?query=egypt\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. Output levels also continued to decline at a slower pace than the previous month, with the output sub-index rising to 49.5 from 47.4 in April. Firms that were surveyed attributed the continued decline in output levels to a decrease in order book volumes amid weaker customer demand.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Meanwhile, input costs rose at their highest pace in five months,<\/strong> with the acceleration driven by a rise in purchase prices for items that include fuel, cement, and paper. Firms also cited volatile exchange rates (particularly with the USD) as a factor for the rise in input costs. This reflected in output prices this time around, with selling prices increasing at their highest level in seven months. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Purchasing prices hike main headache for businesses\u2026: \u201c<\/strong>Companies were particularly hit by an increase in purchasing prices, leading them to pass on at least part of this increase to customers. Uncertainty in currency markets and concerns towards future global trade conditions amid US tariffs were noted as factors behind higher supplier prices,\" S&P Global Senior Economist David Owen said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u2026 But businesses are growing slightly more hopeful:<\/strong> \u201cWhen assessing the 12-month outlook, non-oil businesses in Egypt were slightly more upbeat compared to April, although the level of optimism remained weak by historical standards. Some firms indicated that stubborn price pressures and low demand had weighed on output expectations,\u201d the report reads.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/kuwait\/\">Kuwait<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/purchasing\/\">PURCHASING<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/qatar\/\">Qatar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"86783\" 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=\"86783\">\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\">A MESSAGE FROM AK-SHIPS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/06\/04\/why-machinery-maintenance-is-the-backbone-of-smarter-ship-management\/\">\r\n                            Why machinery maintenance is the backbone of smarter ship management                        <\/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\/2025\/06\/04\/why-machinery-maintenance-is-the-backbone-of-smarter-ship-management\/\" 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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Clean hulls and tuned engines also mean better fuel efficiency and quicker port turnarounds.<\/p>\n<p style=\"padding-top:12pt;margin:0;padding-left:0;padding-bottom:12pt;line-height:1.15;orphans:2;widows:2;text-align:justify;padding-right:0\"><strong>Safety and compliance are mission-critical.<\/strong> Regular checks ensure key systems \u2014 from propulsion to firefighting \u2014 are always operational. That protects our crew and aligns operations with global standards like the ISM Code. Because well-maintained ships are built to last, consistent maintenance extends equipment lifespan, reduces capital expenditure, and ensures predictable vessel performance. It also boosts crew morale, because a safer vessel is a better workplace.<\/p>\n<p style=\"padding-top:12pt;margin:0;padding-left:0;padding-bottom:12pt;line-height:1.15;orphans:2;widows:2;text-align:justify;padding-right:0\"><strong>Great maintenance starts with communication.<\/strong> At AK-Ships, we integrate data, technology, and tight coordination between onboard and onshore teams to drive performance and decision-making.<\/p>\n<p style=\"padding-top:12pt;margin:0;padding-left:0;padding-bottom:12pt;line-height:1.15;orphans:2;widows:2;text-align:justify;padding-right:0\"><strong>In modern shipping, reliable operations aren\u2019t just a goal \u2014 they\u2019re a responsibility.<\/strong> And it all starts with maintaining what keeps us moving.<\/p>\n<p style=\"padding-top:12pt;margin:0;padding-left:0;padding-bottom:12pt;line-height:1.15;orphans:2;widows:2;text-align:justify;padding-right:0\"><strong>Mohamed Zayed<\/strong><\/p>\n<p style=\"padding-top:12pt;margin:0;padding-left:0;padding-bottom:12pt;line-height:1.15;orphans:2;widows:2;text-align:justify;padding-right:0\"><strong>Technical Superintendent at AK-Ships<\/strong><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/a-message-from-ak-ships\/\">A MESSAGE FROM AK-SHIPS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/shipping-maritime\/\">SHIPPING + MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n       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style=\"font-weight:400;\"><a href=\"https:\/\/ak-ships.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/87.jpg?ssl=1\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"86786\" 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=\"86786\">\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\">Also on Our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/06\/04\/updates-on-zones-aviation-startups-ports-and-digitalization-from-across-the-region\/\">\r\n                            Updates on zones, aviation, startups, ports, and digitalization from across the region                        <\/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\/2025\/06\/04\/updates-on-zones-aviation-startups-ports-and-digitalization-from-across-the-region\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" 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href=\"https:\/\/enterpriseam.com\/logistics\/2025\/06\/04\/updates-on-zones-aviation-startups-ports-and-digitalization-from-across-the-region\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/6\/347.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"86787\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2025\/06\/04\/updates-on-zones-aviation-startups-ports-and-digitalization-from-across-the-region\/347-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/6\/347.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"347.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/6\/347.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/6\/347.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-86786\" class=\"content-area-description single-story post-86786 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-ad-ports tag-also-on-our-radar tag-aviation tag-cargo tag-iran tag-logistics-handling tag-logistics-hub tag-oman tag-ports tag-qatar tag-saudi-arabia tag-startup-watch tag-storage-warehouses 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\/2025\/6\/.79f8cab2-ca8c-48d3-bab9-ebbcfe8693ef.mp3\"><\/audio><\/figure>\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><\/strong><strong>#1- Qantara West snaps up another Chinese investment:<\/strong> Chinese bag and luggage manufacturer Comfily Hong Kong Co inked a contract with Egypt\u2019s Suez Canal Economic Zone (SCZone) to develop a USD 20 mn factory in the Qantara West Industrial Zone, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/SCZONE.EG\/posts\/pfbid0HDmCbwcLDEecqNsK4cR5sBs86ZHn5WCN7FxS4qEgSEkYN95rTs9MXXQcwwUtGunzl\" style=\"\" rel=\"noopener\">statement<\/a>. The facility \u2014 scheduled to open by the end of next year \u2014- is slated to be developed on an area spanning 80k sqm and generate some 2k direct jobs.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Export is the name of the game<\/strong><strong>, <\/strong>with 80% of the 22 mn pieces of annual output earmarked for export and 20% fated for the local market. The project will primarily manufacture luggage, alongside associated bags, fabric materials, and accessories.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Comfily\u2019s sister company Hangzhou Henneway Travel Goods is also in the process of <\/strong><strong>setting up a Qantara West project<\/strong>, with the company \u2014 whose client bands include Samsonite, Swissgear, Travelite, and Delsey \u2014 currently building <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/f796a519-a52d-476c-897a-8a2874d86bba\/a-slew-of-trade,-projects,-cargo,-and-port-updates-from-all-around-the-region\" style=\"\" rel=\"noopener\">a USD 50 mn luggage factory<\/a> that is set to officially begin operations in 1Q 2026.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DATA POINT- <\/strong>The new project brings Qantara West\u2019s total number of contracted projects to 22, with a combined investment cost of USD 623.5 mn and the expectation that 32.6k new jobs will be created.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A textile hub for Chinese investors<\/strong><strong>:<\/strong> A long list of Chinese players have inked agreements to set up textile factories in the Qantara West Industrial Zone, including <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/abd2ffc8-981b-49ca-9b7d-b42fae276e04\/china%25e2%2580%2599s%253cmark%253e-shaoxing%253c%2Fmark%253e-to-set-up-usd-7-mn-textile-factory-in-qantara-west\" style=\"\" rel=\"noopener\">Shaoxing Beiqi Textile<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/8335f219-b8d4-4e67-bb9a-37bf71e3dfdd\/updates-on-investments,-warehouses,-trade,-and-aviation-from-qatar,-egypt,-and-saudi-arabia\" style=\"\" rel=\"noopener\">Hightex Co.<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/8335f219-b8d4-4e67-bb9a-37bf71e3dfdd\/updates-on-investments,-warehouses,-trade,-and-aviation-from-qatar,-egypt,-and-saudi-arabia\" style=\"\" rel=\"noopener\">Ltd Hangzhou<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/7db19963-af8b-4393-8488-a7ed9a6b6616\/updates-on-all-things-logistics-from-around-the-region\" style=\"\" rel=\"noopener\">GS Global Sourcing<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/eb86f437-cd9a-49de-bf89-0aaba35845b5\/three-chinese-players-will-set-up-factories-in%253cmark%253e-qantara%253c%2Fmark%253e-worth-over-usd-80-mn\" style=\"\" rel=\"noopener\">Guangdong Hongxin Textile<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/eb86f437-cd9a-49de-bf89-0aaba35845b5\/three-chinese-players-will-set-up-factories-in%253cmark%253e-qantara%253c%2Fmark%253e-worth-over-usd-80-mn\" style=\"\" rel=\"noopener\">Top New Garment Group<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/afc5a48a-22d4-4e84-a9eb-d79c4db01d03\/updates-on-investments,-trade,-digitalization,-ports,-and-aviation-from-egypt,-bahrain,-and-uae\" style=\"\" rel=\"noopener\">Jiangsu Guotai<\/a>, and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5cf9a034-bcae-4baf-bad5-a84b4f8ae2e2\/china%25e2%2580%2599s-di-seta-breaks-ground-on-usd-40-mn-factory-in-qantara-west\" style=\"\" rel=\"noopener\">Di Seta<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2-<\/strong> <strong>Sohar <\/strong><strong>Freezone to establish low-carbon plant:<\/strong> Oman\u2019s Sohar Port and Freezone has inked a land lease agreement with Matrix Alloys to establish a ferrochrome plant at an investment cost of USD 10 mn, according to a <a target=\"_blank\" href=\"https:\/\/soharportandfreezone.om\/en\/media\/news-events\/5596\" style=\"\" rel=\"noopener\">press release<\/a>. The facility \u2014 encompassing 2.2 hectares \u2014 will produce 20k tons of micro-carbon and low-carbon ferrochrome \u2014 an iron and chromium alloy \u2014 annually to meet demand of foreign markets, namely Europe, Japan, South Korea, and India. The project\u2019s first phase is expected to launch by 2026.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3-<\/strong><strong>Modon + Panattoni to cooperate on Jeddah warehouses:<\/strong> The Saudi Authority for Industrial Cities and Technology Zones (Modon) signed a SAR 100 mn MoU with US-based logistics developer <a target=\"_blank\" href=\"https:\/\/www.panattoni.com\/\" style=\"\" rel=\"noopener\">Panattoni<\/a> to build and operate first-class warehouses on a 50k sqm site in Jeddah, the authority said in a <a target=\"_blank\" href=\"https:\/\/x.com\/modon_ksa\/status\/1929594289195000099\" style=\"\" rel=\"noopener\">post on X<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- <\/strong>Modon attracted over <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/54c6e7aa-b113-4f45-9ed5-6b8544ed08a6\/riyadh-to-get-self-driving-taxis-soon%3F\" style=\"\" rel=\"noopener\">SAR 24 bn in new investments<\/a> in 2024, up 38% y-o-y. It also signed a total of 10 industrial, investment, and logistics contracts worth SAR 350 mn on the sidelines of the Saudi Food Show <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/2b9dc8ab-2905-4100-995a-1156b150ee8c\/%253cmark%253emodon%253c%2Fmark%253e-inked-sar-350-mn-worth-of-contracts-at-the-saudi-food-show\" style=\"\" rel=\"noopener\">earlier this month<\/a>.<\/p>\n<p class=\"tag-border-left\">AVIATION- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Emirates and Air China agreed to cooperate more across their respective cargo<\/strong><strong> operations<\/strong> as well as develop a mutual codeshare on select routes, building on the pair's existing interline agreement, according to a <a target=\"_blank\" href=\"https:\/\/www.emirates.com\/media-centre\/emirates-and-air-china-ink-memorandum-of-understanding-to-explore-enhanced-partnership\/\" style=\"\" rel=\"noopener\">statement<\/a>. The agreement \u2014 signed on the sidelines of the World Air Transport Summit \u2014 aims to streamline travel links between the two countries as the airlines seek to evaluate how to coordinate flight schedules as well as adjust minimum connecting times.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> Emirates <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/42c6de1e-3ebe-4e54-b965-998965735bc8\/you-can-now-major-in-ai-at-mbzuai-%2B-g42-partners-on-ai-adoption-in-private-and-public-sectors\" style=\"\" rel=\"noopener\">is kicking off flights<\/a> to Shenzhen in mid-2025, as part of plans to increase its air traffic <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/f05cdc9f-f3aa-4cc0-9006-ea1dfd75edf0\/adipec-%2B-uae-gov%25e2%2580%2599t-annual-meetings-kick-off\" style=\"\" rel=\"noopener\">to China by 40%<\/a> on the back of rising demand, with <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/13e33818-bff3-4a14-b025-a7ff9a7a1c05\/dfm,-taiwan-stock-exchange-eye-stock-market-cooperation\" style=\"\" rel=\"noopener\">plans to also launch<\/a> daily non-stop flights to Hangzhou effective 30 July. The airline already travels to Beijing, Guangzhou and Shanghai.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Emirates SkyCargo launches dedicated engine transport solution: <\/strong>Emirates SkyCargo has introduced Aircraft Engines, a new cargo product tailored for the transport of high-value, time-sensitive aviation parts, according to a company <a target=\"_blank\" href=\"https:\/\/www.skycargo.com\/media-centre\/emirates-skycargo-launches-dedicated-solution-for-the-carriage-of-aircraft-engines-under-new-vertical-aerospace-and-engineering\/\" style=\"\" rel=\"noopener\">statement<\/a>. The offering provides specialist handling, certified loadmasters, shock-absorbing dollies, priority loading, and real-time tracking via Emirates\u2019 control tower. The service is part of the carrier\u2019s newly launched Aerospace and Engineering vertical, targeting customers in the aviation, defense, and space sectors.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- Swissport launched ground handling services for low-cost carrier Air Arabia at 13 <\/strong><strong>Saudi airports simultaneously<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/6\/241.pdf\" style=\"\" rel=\"noopener\">press release<\/a>. The expansion includes major cities such as Riyadh, Jeddah, Dammam, Madinah, Al Qassim, Al Ula, Hail, Al Jouf, Tabuk, Yanbu, Taif, Abha, and Jizan. The company currently handles check-in, baggage, aircraft cleaning, and cargo while considering plans to add aircraft cleaning and lounge operations.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- Dubai-based commercial maintenance, <\/strong><strong>repair, and operation (MRO) provider <\/strong><strong><a target=\"_blank\" href=\"https:\/\/dtx.aero\/\" style=\"\" rel=\"noopener\">DTX Group<\/a><\/strong><strong> has launched its operations<\/strong>, according to a DTX <a target=\"_blank\" href=\"https:\/\/dtx.aero\/?p=4121\" style=\"\" rel=\"noopener\">statement<\/a>. The group currently operates a parts trading business in the USA and two MRO facilities in Brazil. DTX is on track to roll out a new regional MRO facility 3Q 2025, with additional expansion targeted in Africa and Europe.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background: <\/strong>DTX Group, headed up by Hussein Lookmanjee, was formerly the international arm of Drayton Aerospace. Lookmanjee is now the sole owner of DTX Group, having fully divested from Drayton after British private equity firm Lion Capital bought his remaining equity, and Drayton Aerospace\u2019s entities outside of China fall under DTX\u2019s remit now.<\/p>\n<p class=\"tag-border-left\">STARTUP WATCH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Qatar\u2019s <\/strong><strong>ShipBee raises QAR 855k in pre-seed funds:<\/strong> Qatari digital logistics platform <a target=\"_blank\" href=\"https:\/\/www.shipbee.io\/en\" style=\"\" rel=\"noopener\">ShipBee<\/a> has secured QAR 855k (USD 235k) in a pre-seed funding round led by business consultancy <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/company\/growthxqatar\/\" style=\"\" rel=\"noopener\">GrowthX<\/a>, with additional contributions from two angel investors, according to a <a target=\"_blank\" href=\"https:\/\/www.shipbee.io\/en\/news\/shipbee-secures-pre-seed-funding-led-by-growthx-angel-vc\" style=\"\" rel=\"noopener\">press release<\/a>. The funding \u2014 along with QAR 150k (c. USD 41k) in bootstrapping by the founders \u2014 brings the startup\u2019s value to roughly QAR 3.6 mn (c. USD 989k), with institutional and angel investors contributing. The funds are earmarked for enhancing ShipBee\u2019s growth, scaling up operations, supporting tech development, team expansion, and marketing.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About ShipBee:<\/strong> The Doha-based startup enables users to book transportation vehicles \u2014 such as flat bed trailers, pickup trucks, and motorcycles \u2014 via an online platform that leverages AI functionality. The platform is geared toward customers and businesses active in the e-commerce space. <\/p>\n<p class=\"tag-border-left\">PORTS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Oman <\/strong><strong>pursues national port system:<\/strong> Oman\u2019s Transport, Communications, and Information Technology Ministry (MTCIT) has inked a 15-year concession agreement with investment outfit <a target=\"_blank\" href=\"https:\/\/novelmuscat.com\/\" style=\"\" rel=\"noopener\">Novel Muscat International<\/a> to establish and manage the National Port Community System (NPCS), <a target=\"_blank\" href=\"https:\/\/www.muscatdaily.com\/2025\/06\/02\/novel-muscat-international-signs-15-year-agreement-to-develop-omans-national-port-community-system\/\" style=\"\" rel=\"noopener\">Muscat Daily<\/a> reported on Monday. The rollout is set to commence immediately \u2014 progressing in phases across Oman's main ports, airports, freezones, and border crossings.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>NPCS?<\/strong> <a target=\"_blank\" href=\"https:\/\/www.worldbank.org\/en\/topic\/trade\/publication\/port-community-systems-driving-trade-in-the-21st-century\" style=\"\" rel=\"noopener\">Port community systems<\/a> are digital collaborative platforms that allow the smooth exchange of information between a given port\u2019s stakeholders, including port management, logistics companies, freight forwarders, and others. They aim to reduce red tape and paperwork, resulting in faster decisionmaking and streamlined operations. <\/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\">DIGITILIZATION- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Etihad <\/strong><strong>Cargo launches digital shipment tracking system:<\/strong> Abu Dhabi-based Etihad Cargo has partnered up with US software company <a target=\"_blank\" href=\"https:\/\/tagntrac.ai\/\" style=\"\" rel=\"noopener\">Tag-N-Trac<\/a> to launch a smart shipment tracking solution \u2014 SmartTrack \u2014 to increase air cargo visibility to customers, according to a <a target=\"_blank\" href=\"https:\/\/www.etihadcargo.com\/en\/news\/etihad-cargo-launches-smarttrack-the-industry-first-realtime-smart-shipment-tracking-solution\" style=\"\" rel=\"noopener\">statement<\/a>. SmartTrack \u2014 which will provide real-time shipment location, data management, and optimization using smart label technology for shipment monitoring through labels with GPS \u2014 will be available on Etihad Cargo\u2019s website and app through their control tower, although no timeline on the integration was disclosed.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/ad-ports\/\">AD Ports<\/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\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/cargo\/\">CARGO<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/iran\/\">Iran<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/logistics-handling\/\">LOGISTICS HANDLING<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/logistics-hub\/\">logistics hub<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/ports\/\">PORTS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/qatar\/\">Qatar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/startup-watch\/\">STARTUP WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/storage-warehouses\/\">STORAGE + WAREHOUSES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/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=\"86788\" 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=\"86788\">\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\">Around the World<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/06\/04\/panama-kicks-more-vessels-off-of-registry-to-fulfill-sanctions\/\">\r\n                            Panama kicks more vessels off of registry to fulfill sanctions                        <\/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\/2025\/06\/04\/panama-kicks-more-vessels-off-of-registry-to-fulfill-sanctions\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                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href=\"https:\/\/api.whatsapp.com\/send?text=Panama+kicks+more+vessels+off+of+registry+to+fulfill+sanctions+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2025%2F06%2F04%2Fpanama-kicks-more-vessels-off-of-registry-to-fulfill-sanctions%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\/2025\/06\/04\/panama-kicks-more-vessels-off-of-registry-to-fulfill-sanctions\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/544.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"86789\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2025\/06\/04\/panama-kicks-more-vessels-off-of-registry-to-fulfill-sanctions\/544-jpg-7\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/544.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"544.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/544.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/544.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-86788\" class=\"content-area-description single-story post-86788 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-shipping-maritime tag-trade tag-usa 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\/2025\/6\/.4b75b3c5-b615-4597-8d59-65721c4a9825.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Panama<\/strong> <strong>ramps up crackdown on sanctioned vessels: <\/strong>Panama\u2019s Maritime Authority has removed 214 vessels from its registry since it started adopting measures in 2024 to enforce US sanctions \u2014 reaching a total of 650 removed vessels since 2019, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/americas\/panama-removes-over-650-ships-registry-amid-sanctions-stricter-rules-2025-06-02\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. The move comes as the authority aims to impose stricter regulations on its flagged ships after receiving criticism for facilitating Iran\u2019s oil trade. Targeted vessels will not be able to sail under Panama\u2019s flag once taken out of the registry. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Washington\u2019s out for Iranian crude-carrying vessels: <\/strong>The US has been pushing the authority to crack down on ship-to-ship operations between Panama-flagged vessels \u2014 a practice usually adopted by shippers carrying sanctioned oil. It imposed <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/e2027315-eaf9-4a69-b05d-aa9a2941b189\/today:-oman%25e2%2580%2599s-sohar-to-get-solar-plant-%2B-du-advances-uae-data-center-project\" style=\"\" rel=\"noopener\">sanctions on three vessels<\/a> and their owners in April that had reportedly delivered refined petroleum products to the Houthis-controlled port of Ras Isa in Yemen. Earlier in February, 20 entities involved with <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/7d044fef-4244-4e5e-8f45-b90c11af34b0\/today:-e&-divests-from-data-center-firm-khazna-%2B-a-new-uae-logistics-player-to-invest-in-india\" style=\"\" rel=\"noopener\">Iran\u2019s shadow fleet<\/a> were sanctioned. The US is also reportedly considering a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/b8398abc-0b64-4e2f-9af3-c01ebf7a6223\/today:-egypt%25e2%2580%2599s-subsea-cable-factory-%2B-dekheila-port%25e2%2580%2599s-new-petrochemicals-facility\" style=\"\" rel=\"noopener\">plan to stop-and-search<\/a> Iran\u2019s crude oil vessels at sea. <\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/around-the-world\/\">AROUND THE WORLD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/shipping-maritime\/\">SHIPPING + MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/usa\/\">USA<\/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=\"86790\" 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\/2025\/06\/04\/86790\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-86790\" class=\"content-area-description single-story post-86790 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\">JUNE<\/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>2-4 June (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.propakmena.com\/en\/home.html\" style=\"\">Propak MENA<\/a><\/span><span style=\"font-weight:400;\">, Cairo, Egypt.<\/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>5-6 June (Thursday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.cparityevent.com\/supply-chain-4-0-summit\/\" style=\"\">Supply Chain & Logistics Innovation Summit<\/a><\/span><span style=\"font-weight:400;\">, Amsterdam, Netherlands.<\/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>16-22 June (Monday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.siae.fr\/en\/\" style=\"\">International Paris Air Show<\/a><\/span><span style=\"font-weight:400;\">, Paris, France.<\/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>11-13 June (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/key-notion.com\/sustainability-world-summit\/\" style=\"\">Sustainability World Summit<\/a><\/span><span style=\"font-weight:400;\">, Frankfurt, Germany.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>17-18 June (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.mediaoffice.abudhabi\/en\/infrastructure\/hosted-by-abu-dhabi-projects-and-infrastructure-centre-inaugural-abu-dhabi-infrastructure-summit-to-take-place\/\" style=\"\">Abu Dhabi Infrastructure Summit<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi Energy Centre.<\/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>17-19 June (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.tocevents-europe.com\/en\/home.html\" style=\"\">Terminal Operations Conference & Exhibition<\/a><\/span><span style=\"font-weight:400;\">, Rotterdam, Netherlands.<\/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>18-19 June (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/eurasiarail.eu\/Home?gad_source=1&gad_campaignid=20152951162&gbraid=0AAAAApUGQpQko06Kzie5nEPLsNfo2aIYM&gclid=CjwKCAjwuIbBBhBvEiwAsNypvaf_VxQfzw2H6fZcm9o9WVD8tj_VcV1JSgR0Pif3tT40zcNr6UBGyBoCETkQAvD_BwE\" style=\"\">Eurasia Rail<\/a><\/span><span style=\"font-weight:400;\">, Istanbul, Turkey. <\/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;\">18-27 June ( Wednesday-Friday): The International Maritime Organization\u2019s Maritime Safety Committee meeting, London, UK.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>19 June (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.emmc.me\/\" style=\"\">East Med Maritime Conference<\/a><\/span><span style=\"font-weight:400;\">, Athens, Greece.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>24-25 June (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.terrapinn.com\/exhibition\/middle-east-rail\/index.stm\" style=\"\">Middle East Rail<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Center.<\/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>25-26 June (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/decarbonizingforum.com\/forum\/\" style=\"\">Decarbonizing Shipping Forum<\/a><\/span><span style=\"font-weight:400;\">, Hamburg, Germany.<\/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;\">JULY<\/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>1-3 July (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.transportevents.com\/product\/asean-ports-and-logistics-2025\/\" style=\"\">ASEAN Ports and Logistics<\/a><\/span><span style=\"font-weight:400;\">, Jakarta, Indonesia.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>22-24 July (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.transportevents.com\/product\/intermodal-africa-2025-mozambique\/\" style=\"\">Intermodal Africa<\/a><\/span><span style=\"font-weight:400;\">, Beira, Mozambique. <\/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\">SEPTEMBER<\/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>1-3 September (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.transportevents.com\/product\/transport-middle-east-2025\/\" style=\"\">Transport Middle East 2025<\/a><\/span><span style=\"font-weight:400;\">, Salalah, Oman. <\/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>3-4 September (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/saudi-smic.com\/\" style=\"\">Sustainable Maritime Industry Conference<\/a><\/span><span style=\"font-weight:400;\">, Jeddah, Saudi Arabia. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>4-10 September (Thursday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/2025.iatf.africa\/newfront\" style=\"\">Intra-African Trade Fair<\/a><\/span><span style=\"font-weight:400;\">, Algiers, Algeria.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>7-10 September (Sunday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/x.com\/comexglobalex?lang=en\" style=\"\">Comex Global Technology Show<\/a><\/span><span style=\"font-weight:400;\">, Muscat, Oman. <\/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>24-26 September (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.routesonline.com\/events\/254\/routes-world-2025\/\" style=\"\">Routes World<\/a><\/span><span style=\"font-weight:400;\">, Hong Kong.<\/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>25 September (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.imo.org\/en\/About\/Events\/Pages\/World-Maritime-theme-2025.aspx\" style=\"\">World Maritime Day<\/a><\/span><span style=\"font-weight:400;\"> 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>30 September - 2 October (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/grtiec.com\/\" style=\"\">Global Rail Transport Infrastructure 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 style=\"font-weight:700;\">OCTOBER<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>The International Maritime Organization (IMO) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.imo.org\/en\/MediaCentre\/PressBriefings\/pages\/IMO-approves-netzero-regulations.aspx\" style=\"\">is set to formally adopt the Net-zero Framework<\/a><\/span><span style=\"font-weight:400;\"> this month, stipulating new fuel standards for ships and a global pricing mechanism for emissions.  <\/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>1-2 October (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/10times.com\/saudi-maritime-congress\" style=\"\">Saudi Maritime & Logistics Congress<\/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>7-8 October (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/gemtechforum.com\/\" style=\"\">Global EV & Mobility Technology (GEMTECH) Forum<\/a><\/span><span style=\"font-weight:400;\">, Riyadh.<\/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 - 17 October (Monday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/wwwcdn.imo.org\/localresources\/en\/MediaCentre\/MeetingSummaries\/Documents\/PROG-133%20-%20Programme%20Of%20Meetings%20For%202025%20(Secretariat).pdf\" style=\"\">The Marine Environment Protection Committee\u2019s second extraordinary session<\/a><\/span><span>, London, UK.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>14-15 October (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.afsic.net\/welcome\/\" style=\"\">Investing in Africa Conference and Expo<\/a><\/span><span style=\"font-weight:400;\">, London, UK. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>28-30 October (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.transportevents.com\/product\/borneo-international-maritime-week-2025\/\" style=\"\">Borneo International Maritime Week<\/a><\/span><span style=\"font-weight:400;\">, Sarawak, Malaysia. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span 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>3-6 November (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.adipec.com\/\" 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>4-6 November (Tuesday-Thursday): <\/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=\"\">Air Cargo Forum<\/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>17-21 November (Monday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.dubaiairshow.aero\/\" style=\"\">Dubai Airshow<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>24-26 November (Monday-Wednesday) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wamsaudi.com\/\" style=\"\">The World Advanced Manufacturing & Logistics Saudi Expo<\/a><\/span><span style=\"font-weight:400;\">, Riyadh.<\/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>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;\">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>27-29 January (Tuesday-Thursday) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.transportevents.com\/product\/uae26\/\" style=\"\">Transport Middle East 2026<\/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>28-30 April (Tuesday-Thursday) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.transportevents.com\/product\/portugal26\/\" style=\"\">Mediterranean Ports and Logistics<\/a><\/span><span style=\"font-weight:400;\">, Porto, Portugal.<\/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>24-26 June (Wednesday-Friday) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/aircargoweek.com\/events\/transport-logistic-air-cargo-china-2026\/\" style=\"\">Transport Logistic & Air Cargo 2026<\/a><\/span><span style=\"font-weight:400;\">, Shanghai, China.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>7-9 July (Tuesday-Thursday) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.transportevents.com\/product\/asean-2026\/\" style=\"\">Asean Ports and Logistics<\/a><\/span><span style=\"font-weight:400;\">, Kuala Lumpur, Malaysia.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>17-19 November (Tuesday-Thursday) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.transportevents.com\/product\/intermodal-africa-2026-angola\/\" style=\"\">Intermodal Africa 2026<\/a><\/span><span style=\"font-weight:400;\">, Luanda, Angola.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">UN Trade and Development Global Supply Chain Forum <\/span><span style=\"font-weight:400;\">to take place in Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">2027<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>4Q 2027: Oman\u2019s Musandam Airport construction to be completed.<\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Flynas\u2019 allocates IPO shares | Egypt eyes export growth with new program | Four PMI reports from our region land<\/p>\n","protected":false},"featured_media":86771,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-86770","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"d177edc3-810a-43b4-903f-8f713a2b3625","teaser":"Flynas\u2019 allocates IPO shares | Egypt eyes export growth with new program | Four PMI reports from our region land","photo_url":"https:\/\/ent.news\/2024\/1\/1327.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>Flynas\u2019 retail offering oversubscribed by 3.5x, IPO raises total of SAR 4.1 - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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