{"id":90152,"date":"2025-11-10T00:00:00","date_gmt":"2025-11-10T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=90152"},"modified":"2025-12-15T17:47:59","modified_gmt":"2025-12-15T17:47:59","slug":"qatar-airways-to-offload-its-9-57-stake-in-cathay-pacific","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/qatar-airways-to-offload-its-9-57-stake-in-cathay-pacific\/","title":{"rendered":"Qatar Airways to offload its 9.57% stake in Cathay Pacific"},"content":{"rendered":"<section id=\"90154\" 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=\"90154\">\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\/11\/10\/today-qatar-airways-eyes-cathay-pacific-exit-ad-ports-secures-stake-in-latakia\/\">\r\n                            TODAY: Qatar Airways eyes Cathay Pacific exit + AD Ports secures stake in Latakia terminal                        <\/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\/11\/10\/today-qatar-airways-eyes-cathay-pacific-exit-ad-ports-secures-stake-in-latakia\/\" 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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AD Ports also secured a stake in Syria\u2019s Latakia Airport, joining DP World in expanding UAE\u2019s footprint in Syrian ports. But first, a look into the major air traffic disruptions the US is witnessing amid the gov\u2019t shutdown\u2026<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG LOGISTICS STORY- <\/strong><strong>Lingering US gov\u2019t shutdown disrupts air traffic: <\/strong>An upwards of 3.2k flights were cancelled and more than 10k flights were delayed on Sunday in the US as the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/95bf2e45-5865-426c-ac5e-328920e14627\/today:-egypt%25e2%2580%2599s-ports-score-across-wb%25e2%2580%2599s-leaderboard-%2B-uae-as-a-hotspot-for--trade-corridors\" style=\"\" rel=\"noopener\">government shutdown<\/a>, which began on October 1, became the longest in US history as it enters its seventh week. This comes on top of delays and cancelations on Saturday that came after the Federal Aviation Administration (FAA) decided to slash air travel capacity by 4% at 40 of the nation\u2019s busiest airports starting last Friday. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why? <\/strong>The FAA slashed capacity in a bid to maintain safety standards at airports amid rising absenteeism among air traffic controllers and security screeners, who continued to work without pay for over five weeks since the shutdown began. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Expect more disruptions unless\u2026: <\/strong>The FAA\u2019s reductions are set to increase to 6% by 11 November, 8% by 13 November, and 10% by 14 November unless Congress reaches a resolution. The US may be looking at a 20% cut in air traffic if matters deteriorate and air traffic absenteeism continues, Transportation Secretary Sean Duffy reportedly said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The story received a lot of attention in the int\u2019l press:<\/strong> <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sustainability\/sustainable-finance-reporting\/us-airlines-brace-third-day-government-mandated-flight-cuts-2025-11-09\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/flight-cancellations-government-shutdown-what-to-know-dea56ba97690b43397a96289f5f949e8\" style=\"\" rel=\"noopener\">AP<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/8763e2c3-f86a-4e54-8090-8382f9fb883e\" style=\"\" rel=\"noopener\">Financial Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2025\/11\/08\/us\/worries-mount-as-air-traffic-delays-stretch-to-second-day.html\" style=\"\" rel=\"noopener\">New York Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.washingtonpost.com\/transportation\/2025\/11\/09\/flight-cancellations-delays-weekend-travel-shutdown\/\" style=\"\" rel=\"noopener\">Washington Post<\/a> | <a target=\"_blank\" href=\"https:\/\/www.cbsnews.com\/live-updates\/canceled-flights-government-shutdown-airlines-scramble\/\" style=\"\" rel=\"noopener\">CBS<\/a> | <a target=\"_blank\" href=\"https:\/\/www.usatoday.com\/story\/travel\/news\/2025\/11\/09\/flight-cancellations-airports-faa-updates-sunday\/87173115007\/\" style=\"\" rel=\"noopener\">USA TODAY<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bbc.com\/news\/articles\/c993lpxjx1po\" style=\"\" rel=\"noopener\">BBC<\/a> <\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight: 600; background-color: transparent;\">PLUS-&nbsp;<\/span><span style=\"font-weight: 600; background-color: transparent;\">Introducing EnterpriseAM MENA &lt;&gt; India,&nbsp;<\/span><span style=\"background-color: transparent;\">&nbsp;our new briefing, published every Monday, Wednesday, and Friday, to track the transactions, trends, and market moves connecting these two dynamic regions. The flow of capital, talent, and trade between MENA and the Indian subcontinent is one of the most important economic stories in the world. And we\u2019re telling it the way only we can.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The very first edition will be sent out today at <\/strong><strong>8am KSA time<\/strong><strong> \/ 9am UAE time. <\/strong>If you\u2019re investing, trading, or scouting for your next big move in MENA or India, subscribe to EnterpriseAM MENA &lt;&gt; India by tapping <strong><a target=\"_blank\" href=\"https:\/\/sub.ent.news\/mena-india\" style=\"\" rel=\"noopener\">here<\/a><\/strong> to get the strategic intelligence you need.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a href=\"https:\/\/sub.ent.news\/mena-india\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/ads\/imgs\/412.jpg?ssl=1\"><\/a> <\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p class=\"tag-border-left\">HAPPENING TODAY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- It\u2019s day two of the transport and logistics exhibition <\/strong><strong><a target=\"_blank\" href=\"https:\/\/trans-mea.com\/about\" style=\"\" rel=\"noopener\">TransMEA<\/a><\/strong><strong>, which kicked <\/strong><strong>off yesterday at the Egypt International Exhibition Center.<\/strong> The exhibition, organized with the Transport Ministry, will run between 9-11 November, bringing together 500 global and regional players from 30 countries to showcase innovations in mobility, logistics, and smart infrastructure.<\/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>#2-<\/strong> <strong>Syrian <\/strong><strong>President Ahmed Al Sharaa is in Washington today for a meeting with US <\/strong><strong>President Donald Trump<\/strong>, during which he is expected to discuss joint efforts to tackle remnants of the Islamic State in Syria, <a target=\"_blank\" href=\"https:\/\/www.bbc.com\/news\/articles\/c0rpxkwdkrpo\" style=\"\" rel=\"noopener\">BBC<\/a> reports. The US visit \u2014 the first for a Syrian head of state in decades \u2014 comes days after the United Nations <a target=\"_blank\" href=\"https:\/\/news.un.org\/en\/story\/2025\/11\/1166303\" style=\"\" rel=\"noopener\">lifted<\/a> terrorism-related sanctions against Al Sharaa and Syrian Interior Minister Anas Khattab, who were previously targeted for affiliation with Al Qaeda.<\/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- Construction work on phase one of the Oman-UAE freezone project, <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/81f01950-7e0b-468b-a158-90d58419be3b\/dp-world,-omani-partners-launch-new-economic-zone-at-omani-border\" style=\"\" rel=\"noopener\">Al Rawdah<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/81f01950-7e0b-468b-a158-90d58419be3b\/dp-world,-omani-partners-launch-new-economic-zone-at-omani-border\" style=\"\" rel=\"noopener\">Special Economic<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/81f01950-7e0b-468b-a158-90d58419be3b\/dp-world,-omani-partners-launch-new-economic-zone-at-omani-border\" style=\"\" rel=\"noopener\">Freezone<\/a><\/strong><strong>, has kicked off<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.agbi.com\/trade\/2025\/11\/work-starts-on-oman-uae-2bn-economic-free-zone\/\" style=\"\" rel=\"noopener\">AGBI<\/a> reported on Thursday. The USD 2 bn phase will be developed over 14 sq km, expandable to 25 sq km in the second phase. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The pitch: <\/strong>Investors setting up shop in the zone would be exempted from export and import duties, with corporate taxes also lifted for 15 years. Located in Mahdah town in the Omani border province of Buraimi, the zone also boasts a prime location \u2014 nestled midway between Oman\u2019s Sohar port and the UAE\u2019s Jebel Ali port \u2014 which is set to facilitate logistical access and boost cross-border trade the Gulf, Africa, and Asia. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> The project is developed by Mahadha Development Company, an Emirati-Omani joint venture between DP World and Oman\u2019s Public Authority for Special Economic Zones (Opaz). DP World and Opaz inked an agreement for the development and operation of the zone\u2019s first phase back in May.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt2\"><\/a>  #2- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/sal.sa\/home\" style=\"\" rel=\"noopener\">SAL Saudi Logistics Services<\/a><\/strong><strong> is <\/strong><strong>set <\/strong><strong>to break ground on the <\/strong><strong>SAR 4.2 bn Falcon City <\/strong><strong>Logistics zone in Riyadh within the next two months<\/strong>, CEO Omar Hariri told Al Arabiya on Wednesday (<a target=\"_blank\" href=\"https:\/\/www.alarabiya.net\/aswaq\/exclusive\/2025\/11\/05\/%D8%B3%D8%A7%D9%84-%D9%84%D9%84%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9-%D8%A8%D8%AF%D8%A1-%D8%AA%D9%86%D9%81%D9%8A%D8%B0-%D9%81%D8%A7%D9%84%D9%83%D9%88%D9%86-%D8%B3%D9%8A%D8%AA%D9%8A-%D8%AE%D9%84%D8%A7%D9%84-%D8%B4%D9%87%D8%B1%D9%8A%D9%86-%D8%A8%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1%D8%A7%D8%AA-%D8%AA%D9%81%D9%88%D9%82-4-%D9%85%D9%84%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA-%D8%B1%D9%8A%D8%A7%D9%84\" style=\"\" rel=\"noopener\">watch, runtime: 07:15<\/a>). The company expects to allocate 20% of the project\u2019s value in 2026 for infrastructure development and complete the first phase by 2027, targeting full delivery by 2030. A portion of the project will follow a build-to-suit model, backed by long-term contracts of up to 25 years, Hariri said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REFRESHER-<\/strong> The company finalized <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/ece9b344-0299-45a9-bb9f-5a888059d811\/sal-finalizes-land-lease-agreement-for-sar-4.2-bn-logistics-zone\" style=\"\" rel=\"noopener\">in October<\/a> an agreement it had signed <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/730b51ef-ff58-4b48-ba42-ce49ea9efde0\/sal-to-develop-sar-4-bn-logistics-zone-in-riyadh\" style=\"\" rel=\"noopener\">in March<\/a> with Sela Company to lease 1.5 mn sqm of land in Riyadh\u2019s Falcon City for 30 years to develop and operate a logistics zone. The project covers 1.6 mn sqm and includes a three-year grace period. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND- SAL will unveil more details about its SAR-denominated sukuk program in 1H <\/strong><strong>2026<\/strong>, Hariri said. JP Morgan Saudi Arabia and SNB Capital were appointed as arrangers for the program, which will proceed following regulatory approvals, with further details to be announced once finalized.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO FROM SAUDI- The <\/strong><strong>Kingdom <\/strong><strong>is planning to privatize some of its roads<\/strong>, beginning with the Makkah-Jeddah highway, <a target=\"_blank\" href=\"https:\/\/www.aleqt.com\/%D8%A7%D9%84%D8%A3%D8%AE%D8%A8%D8%A7%D8%B1\/%D9%88%D8%B2%D9%8A%D8%B1-%D8%A7%D9%84%D9%86%D9%82%D9%84-%D8%A7%D9%84%D8%B3%D8%B9%D9%88%D8%AF%D9%8A-%D8%B3%D9%86%D8%AA%D8%AF%D8%AE%D9%84-%D8%B9%D9%86%D8%AF-%D9%88%D8%AC%D9%88%D8%AF-%D9%85%D9%86%D8%A7%D9%81%D8%B3%D8%A9-%D8%BA%D9%8A%D8%B1-%D8%B9%D8%A7%D8%AF%D9%84%D8%A9-%D9%81%D9%8A-%D9%82%D8%B7%D8%A7%D8%B9-%D8%AA%D9%88%D8%B5%D9%8A%D9%84-%D8%A7%D9%84%D8%B7%D9%84%D8%A8%D8%A7%D8%AA-2870\" style=\"\" rel=\"noopener\">Aleqtisadiah<\/a> reported, quoting Transport and Logistics Minister Saleh Al Jasser as saying in his address to the Saudi Federation of Chambers of Commerce on Thursday. Transportation projects available to investors are set to increase fourfold when the ministry\u2019s privatization agency kicks off operations within weeks, Al Jasser added.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a> #3- Egypt to get a Romanian industrial zone?<\/strong> The cabinet is studying a proposal for a Romanian industrial zone after more than ten Romanian companies expressed interest in investing in sectors including food, ready-made garments, and home appliance components, <a target=\"_blank\" href=\"https:\/\/www.alborsaanews.com\/2025\/11\/05\/1927126\" style=\"\" rel=\"noopener\">Al Borsa<\/a> reported last week, citing unnamed sources. The plan is expected to materialize soon in light of the government\u2019s push to localize industry, the executive director of the Egyptian Businessmen\u2019s Association told EnterpriseAM.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- <\/strong><strong>New <\/strong><strong>details on Baghdad Int\u2019l Airport\u2019s development:<\/strong> Iraqi real estate firm Amwaj International is part of the consortium that will develop Baghdad International Airport on a 25-year build, operate, and transfer agreement, Amwaj International CEO Namir El Akabi told <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/iraq-awards-764-million-baghdad-airport-project-caap-amwaj-2025-11-05\/\" style=\"\" rel=\"noopener\">Reuters<\/a> last week. The project\u2019s first phase \u2014 expected to wrap up within three years \u2014 will entail setting up a new terminal that will raise passenger capacity to 8.5 mn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- <\/strong>The Iraqi government <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/9be233f2-99d0-4a07-9862-86d01d4b0bf0\/today:-ad-ports-eyes-usd-2-bn-investments-in-india-%2B-iraq-secures-developers-of%253cmark%253e-airport%253c%2Fmark%253e,-fsru\" style=\"\" rel=\"noopener\">awarded<\/a> a consortium led by Luxembourg-based Corporation America Airports the contract to develop the airport last month. The parties will plug some USD 764 mn into the project, which includes infrastructure rehabilitation, a new passenger terminal, and a revamp of the air cargo building.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#5- <\/strong><strong>Adnoc\u2019s <\/strong><strong>distribution unit is setting aside USD<\/strong><strong> 250-300 mn a year to fund organic <\/strong><strong>expansion in the UAE, KSA, and Egypt<\/strong>, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bmkxllj-adnoc-distribution-earmarks-around-300-million\" style=\"\" rel=\"noopener\">Wam<\/a> reported on Thursday, citing CEO Bader Al Lamki. The company is also assessing non-organic options, including acquisitions and potential new-market entries, as it looks to lift long-term returns. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The fuel retailer <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/719f4400-63f4-47c8-b093-f5f9ac808d09\/a-flurry-of-9m-earnings-from-across-the-region\" style=\"\" rel=\"noopener\">plans to set up<\/a><\/strong><strong> some 100 new stations this year<\/strong>, with more than 70 of them in Saudi Arabia under a low-cost operating model. The network is projected to reach 1.15k stations by 2028. On the mobility side, the company expects to scale its EV charging footprint to 500-750 points by 2028, up from 368 today. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>I<\/strong><strong>N OTHER EXPANSION UPDATES-<\/strong> <strong> Abu Dhabi-based oil giant Adnoc\u2019s trading <\/strong><strong>unit is planning to increase the volume it handles by nearly two-thirds<\/strong> <strong>over the next few years<\/strong> as it seeks international expansion in a bid to maximize the value derived from selling locally and internationally produced fuels, CEO of Adnoc Global Trading (AGT) Ahmad Bin Thalith told <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-11-07\/abu-dhabi-s-oil-trading-arm-plans-rapid-international-expansion\" style=\"\" rel=\"noopener\">Bloomberg<\/a>. AGT is set to open an office in Houston, Texas in 2027, which will help boost its volume targets given how big of an export market the US is, he added. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About AGT: <\/strong>AGT is a joint venture (JV) between Adnoc, Italy\u2019s Eni SpA, and Austria\u2019s OMW AG. It focuses on the trade of refined products, including diesel, gasoline, jet fuel and naphtha \u2014 where it delivers these products to customers in both local and global markets, according to its <a target=\"_blank\" href=\"https:\/\/www.adnoc.ae\/en\/adnoc-global-trading\" style=\"\" rel=\"noopener\">website<\/a>. The trading unit has established offices in Singapore and Geneva. <\/p>\n<p class=\"tag-border-left\">MARKET WATCH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Oil prices rose this morning on hopes for a rebound in US oil demand amid reports the longest government shutdown in US history could be nearing a resolution<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/oil-gains-optimism-us-government-reopen-soon-2025-11-10\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. Brent crude futures increased by USD 0.45 to USD 64.08 \/ bbl as of 04:26 GMT, while US West Texas Intermediate (WTI) went up by USD 0.48 to trade at USD 60.23 \/ bbl. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Meanwhile, Saudi Arabia trimmed its official selling prices to Asia for December<\/strong>, pushing Arab Light to an 11-month low as Aramco cut the grade by USD 1.20 \/ bbl to a USD 1 premium over the regional Oman-Dubai benchmark, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-11-06\/saudis-cut-main-oil-price-to-asia-as-signs-of-caution-emerge\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported last week, citing a list it saw. Aramco also lowered Medium and Heavy grades by USD 1.40 \/ bbl and reduced Super Light and Extra Light by USD 1.20. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The company also cut all grades to North America by USD 0.50 \/ bbl <\/strong>while keeping prices unchanged in northwest Europe and the Mediterranean. The reduction came in slightly smaller than the USD 1.25 cut expected by refiners and traders, the business news service said. <\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Baltic index rises once again: <\/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 2%<\/a> to 2,104 on Friday. The capesize gained by 3.1% to 3,341, while the panamax index inched up 0.9% to 1,833. The smaller supramax index was up 0.5% to 1,319.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- The Drewry World Container Index increased by 8% to USD 1,959 per 40-ft container on Thursday<\/strong>, according to the <a target=\"_blank\" href=\"https:\/\/www.drewry.co.uk\/supply-chain-advisors\/supply-chain-expertise\/world-container-index-assessed-by-drewry\" style=\"\" rel=\"noopener\">latest index readings<\/a>. The drop comes on the back of market turbulence driven by the US\u2019s tariff policies since April. The container forecaster projects the supply-demand balance to fall in 2H 2025, causing spot rates to fall further.<\/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>, and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\" style=\"\" rel=\"noopener\">the UAE<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\" style=\"\" rel=\"noopener\"><\/a> <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>The UAE will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.dubaiairshow.aero\/\" style=\"\" rel=\"noopener\">Dubai Airshow<\/a><\/strong><strong> on Monday, 17 November until Friday, 21 November<\/strong> in Dubai. The event will host over 1.5k exhibitors and 148k industry experts from over 150 countries, to discuss air mobility, new MRO breakthroughs, sustainable aviation, startups, and new tech for aircraft simulations. <\/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>Saudi Arabia will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.shiptekmaritimeevents.com\/KSA-2025\/\" style=\"\" rel=\"noopener\">ShipTek International Conference and Awards<\/a><\/strong><strong> on Tuesday, 18 November<\/strong> in Al Khobar. The conference will host policymakers, organizations, suppliers, and experts on maritime, offshore, and oil and gas.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.blueoceanconferences.com\/international-procurement-supply-chain-conference-ipsc-egypt-2025\/?li_fat_id=7bdb97f7-a09e-4c00-9bfd-7a169a84e1e0\" style=\"\" rel=\"noopener\">International Procurement Supply Chain Conference<\/a><\/strong><strong> on Saturday, 6 <\/strong><strong>December<\/strong> in Cairo. The event will gather over 1k delegates, more than 400 organizations, and over 30 global speakers to discuss the future of trade through keynotes and panel discussions. The discussions will center on Egypt\u2019s transformation in the logistics sector, the future of smart ports and supply chains, as well as digital ecosystems. <\/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\/egypt\/\">Egypt<\/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\" 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data-attachment-id=\"90158\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2025\/11\/10\/qatar-airways-to-sell-off-9-57-stake-in-cathay-pacific\/448-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/8\/448.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"448.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/8\/448.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/8\/448.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-90157\" class=\"content-area-description single-story post-90157 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch-2 tag-ma-watch tag-mubadala tag-qatar tag-qatar-airways tag-turkey tag-turkish-airlines 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\/11\/.7a77d42c-35ca-4008-8f66-05262657b69d.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> <\/strong><strong>Qatar <\/strong><strong>Airways is looking to sell off its 9.57% stake in Hong Kong-based <\/strong><strong>airline Cathay Pacific<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-11-05\/qatar-airways-exits-stake-in-cathay-pacific-after-eight-years?srnd=phx-industries-transportation\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported last week. Through a share buy-back transaction, the Hong Kong carrier will be taking back ownership of roughly 643 mn shares at about HKD 10.8 per share \u2014 with the transaction valued at USD 896 mn, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/514.pdf\" style=\"\" rel=\"noopener\">stock exchange filing (pdf)<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What<\/strong><strong> now? <\/strong>Approval of the sell-off requires a 75% minimum vote from shareholders to advance the transaction. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why the exit? <\/strong>While the reason for the exit was not disclosed, Qatar Airways appear to be pursuing an expansion strategy focused on smaller-sized airlines. Earlier this year, the Qatari flag carrier wrapped its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/12f3622e-1877-40cf-843a-8467676a0af4\/m&a-updates-from-the-uae-and%253cmark%253e-qatar%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">acquisition of 25%<\/a> of Virgin Australia (<a target=\"_blank\" href=\"https:\/\/www.virginaustralia.com\/au\/en\/travel-info\/flying-with-us\/our-fleet\/\" style=\"\" rel=\"noopener\">106<\/a> jets) and another <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/452f490b-1c4b-4642-9832-5672d39eb709\/%253cmark%253eqatar-airways%253c%2Fmark%253e-snaps-up-25%2525-stake-in-south-africa%25e2%2580%2599s-airlink\" style=\"\" rel=\"noopener\">25% stake<\/a> of South Africa\u2019s Airlink (<a target=\"_blank\" href=\"https:\/\/www.flyairlink.com\/en\/za\/airlink-profile\" style=\"\" rel=\"noopener\">65+<\/a> jets). The airline is also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/ea22c097-c1ad-4315-96e9-d497dfd64d7f\/qatar-airways-wants-a-piece-of-air-mauritius,-but-the-chairman-isn%25e2%2580%2599t-in-favor\" style=\"\" rel=\"noopener\">reportedly in the mix<\/a> to snag a stake in Air Mauritius (<a target=\"_blank\" href=\"https:\/\/www.airmauritius.com\/en\/flying-with-us\/fleet\" style=\"\" rel=\"noopener\">12<\/a> jets).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Cathay Pacific Airways operates a passenger fleet of 234 aircraft<\/strong>, including a cargo fleet of six 747\u2011400ERF jets and 14 of the 747\u20118F model, according to its <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/621.pdf\" style=\"\" rel=\"noopener\">interim financial statements (pdf)<\/a> for 6M 2025. Alongside its subsidiary HK Express, the pair jointly provide scheduled passenger service to over 100 destinations globally. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And it is growing: <\/strong>The company has an orderbook totaling at least 89 aircraft scheduled for delivery starting 2026. The carrier also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/833eb798-7b82-47b6-8e8f-e2c941e6175f\/%253cmark%253ecathay%253c%2Fmark%253e-pacific-airways-orders-14-boeing-777-9\" style=\"\" rel=\"noopener\">ordered<\/a> 14 more Boeing 777-9 jets last August, bringing its total order for this model to 35.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background:<\/strong> Qatar Airways became Cathay's third-largest shareholder in 2017 after it acquired a stake from Kingboard Chemical Holdings and other firms for USD 662 mn, <a target=\"_blank\" href=\"https:\/\/edition.cnn.com\/2025\/11\/05\/business\/qatar-airways-cathay-pacific-intl-hnk\" style=\"\" rel=\"noopener\">CNN<\/a> reports. This marked the first investment by a Middle Eastern airline in an East Asian carrier.<\/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\">IN OTHER M&A NEWS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong>Turkish <\/strong><strong>Airlines' bid for Air Europa stake approved: <\/strong>Turkish flag carrier Turkish Airlines\u2019 formal bid to buy a minority stake in Spanish carrier Air Europa \u2014 at a cost of USD 300 mn \u2014 has been accepted, according to a <a target=\"_blank\" href=\"https:\/\/investor.turkishairlines.com\/en\/announcements\/public-disclosures\/06112025-update-on-air-europa-investment-process-4\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. The majority of the funds will take the form of a capital increase, with the stake size estimated between 25% and 27%. The regulatory approval process has begun and is anticipated to conclude within six to 12 months.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI: <\/strong>The Istanbul-based carrier <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/12124bf6-189c-4bb9-8616-af948703b757\/today:-egypt-to-double-its-import-of-israeli-gas-%2B-damascus-secures-developers-for-damascus-airport-upgrade\" style=\"\" rel=\"noopener\">filed the bid<\/a> back in August, in hopes to leverage Air Europa\u2019s strong passenger and cargo operations in the Iberian Peninsula and Latin America. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- Turkish Airlines sealed new orders with Boeing + GE Aerospace: <\/strong>The carrier has placed orders for 75 Boeing aircraft, comprising 50 firm and 25 option orders for the B787-9 and B787-10 models, according to a <a target=\"_blank\" href=\"https:\/\/investor.turkishairlines.com\/en\/announcements\/public-disclosures\/05112025-our-companys-aircraft-engine-orders-as-part-of-its-strategic-plan\" style=\"\" rel=\"noopener\">statement<\/a>. Aircraft deliveries are scheduled between 2029 and 2034.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>Uber <\/strong><strong>is in talks with Mubadala to take over Getir\u2019s delivery business: <\/strong>Uber is holding preliminary talks with Mubadala Investment Company \u2014 the main backer of Istanbul-based delivery platform Getir \u2014 over a possible takeover of the Turkish firm, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-11-06\/uber-said-to-eye-getir-deal-to-expand-in-turkish-delivery-market\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported last week, citing sources familiar with the matter. An acquisition could be valued at up to USD 1 bn and would likely involve Getir\u2019s delivery operations, while its financial services unit could also be sold separately. No final agreement is assured and other bidders may still come in.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Not the first Getir unit out for Mubadala: <\/strong>The sovereign wealth fund sold Getir\u2019s car rental subsidiary Getir Arac <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/c7c403ec-986f-4ce8-87bf-71427555ab85\/mubadala-offloads%253cmark%253e-getir%253c%2Fmark%253e-arac-stake-to-turkish-car-sharing-firm-tiktak\" style=\"\" rel=\"noopener\">last month<\/a> amid an ongoing power struggle between Mubadala and Getir\u2019s founders on restructuring plans after the Turkish firm struggled with a plummeting valuation and cashburn. Mubadala had previously sought full ownership of its core delivery unit, which co-founder Nazim Salur opposed.<\/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\/ma-watch\/\">M&amp;A WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/mubadala\/\">Mubadala<\/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\/qatar-airways\/\">Qatar Airways<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/turkey\/\">Turkey<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/turkish-airlines\/\">Turkish Airlines<\/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=\"90159 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=\"90159\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/11\/10\/90159\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-90159\" class=\"content-area-description single-story post-90159 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=\"90160\" 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=\"90160\">\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\">Debt Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/11\/10\/avilease-prices-usd-850-mn-senior-notes\/\">\r\n                            AviLease Capital prices USD 850 mn senior notes                        <\/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\/11\/10\/avilease-prices-usd-850-mn-senior-notes\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The offering comes under the firm\u2019s Global Medium Term Note Program. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The deets:<\/strong> The Reg S\/144A issuance, which is fully and unconditionally backed by AviLease and select subsidiaries, carries a fixed annual coupon of 4.75%, paid semi-annually in arrears. The offering \u2014 set to close on Wednesday, 12 November \u2014 was more than 3.75x oversubscribed, with strong demand from global investors.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Who\u2019s in: <\/strong>The aircraft lessor <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/bbaa930c-70c5-4eac-825a-85219aaab5c5\/today:-cold-chain-maker-cgs-is-on-tadawul-%2B-ceva-logistics%25e2%2580%2599-acquisition-of-borusan-tedarik-is-complete\" style=\"\" rel=\"noopener\">picked<\/a> Citigroup and Mitsubishi UFJ as joint global coordinators. They will also act as active bookrunners and lead managers for the issuance, alongside Abu Dhabi Commercial Bank, BNP Paribas, First Abu Dhabi Bank, HSBC, and Mizuho Financial Group.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Passive bookrunners<\/strong> included Kuwait\u2019s Ahli United Bank, Saudi Fransi Capital, Cr\u00e9dit Agricole, Emirates NBD Capital, GIB Capital, JP Morgan, Morgan Stanley, Natixis, Riyad Capital, and SNB Capital.<\/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\/avilease\/\">AviLease<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/debt-watch\/\">DEBT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"90162\" 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=\"90162\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">Ports<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/11\/10\/ad-ports-group-taps-cma-cgm-for-a-20-stake-in-syrias-latakia-container-terminal\/\">\r\n                            AD Ports Group taps CMA CGM for a 20% stake in Syria\u2019s Latakia Container Terminal                        <\/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\/11\/10\/ad-ports-group-taps-cma-cgm-for-a-20-stake-in-syrias-latakia-container-terminal\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/logistics\/2025\/11\/10\/ad-ports-group-taps-cma-cgm-for-a-20-stake-in-syrias-latakia-container-terminal\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/logistics\/2025\/11\/10\/ad-ports-group-taps-cma-cgm-for-a-20-stake-in-syrias-latakia-container-terminal\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=AD Ports Group taps CMA CGM for a 20% stake in Syria\u2019s Latakia Container Terminal&url=https:\/\/enterpriseam.com\/logistics\/2025\/11\/10\/ad-ports-group-taps-cma-cgm-for-a-20-stake-in-syrias-latakia-container-terminal\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/logistics\/2025\/11\/10\/ad-ports-group-taps-cma-cgm-for-a-20-stake-in-syrias-latakia-container-terminal\/&title=AD Ports Group taps CMA CGM for a 20% stake in Syria\u2019s Latakia Container Terminal\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=AD+Ports+Group+taps+CMA+CGM+for+a+20%25+stake+in+Syria%E2%80%99s+Latakia+Container+Terminal+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2025%2F11%2F10%2Fad-ports-group-taps-cma-cgm-for-a-20-stake-in-syrias-latakia-container-terminal%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\/11\/10\/ad-ports-group-taps-cma-cgm-for-a-20-stake-in-syrias-latakia-container-terminal\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/624.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"90163\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2025\/11\/10\/ad-ports-group-taps-cma-cgm-for-a-20-stake-in-syrias-latakia-container-terminal\/624-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/624.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"624.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/624.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/624.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-90162\" class=\"content-area-description single-story post-90162 post type-post status-publish format-standard has-post-thumbnail hentry category-ports tag-ad-ports tag-cma-cgm tag-ports tag-syria 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\/11\/.ca5b6160-961c-452a-95da-13e08dcd1f43.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> AD Ports Group acquires a 20% stake in Syria\u2019s Latakia <\/strong><strong>International <\/strong><strong>Container <\/strong><strong>Terminal (LICT) in a transaction<\/strong> <strong>valued at AED 81 mn<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.adportsgroup.com\/en\/news-and-media\/2025\/11\/06\/ad-ports-group-signs-agreement-with-cma-cgm-group-to-acquire-minority-stake-in-latakia-terminal\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. The transaction will take place through a joint venture (JV) arrangement with the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/13d68586-01c7-46f7-a6e2-9f4df6332794\/cma-cgm-to-invest-eur-230-mn-in-syria%25e2%2580%2599s-latakia-port\" style=\"\" rel=\"noopener\">terminal\u2019s operator<\/a> France-based logistics giant CMA CGM. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background:<\/strong> CMA CGM agreed to invest EUR 230 mn <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/13d68586-01c7-46f7-a6e2-9f4df6332794\/cma-cgm-to-invest-eur-230-mn-in-syria%25e2%2580%2599s-latakia-port\" style=\"\" rel=\"noopener\">to upgrade<\/a> the Syrian port earlier this year as part of a 30-year concession, committing EUR 30 mn for the first year. The agreement will see CMA CGM build a new 1.5-km-long, 17-meter-deep berth. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s been moving fast:<\/strong> The firm fast-tracked the launch of the EUR 200 mn second phase of its Latakia Port concession <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/3f52828e-6221-478a-bae0-fc16366b4fe3\/cma-cgm-expedites-phase-two-of-syria%25e2%2580%2599s%253cmark%253e-latakia%253c%2Fmark%253e-port,-earmarks-eur-200-mn\" style=\"\" rel=\"noopener\">in August<\/a>. The funds are going towards expanding the container terminal\u2019s capacity to handle over 1 mn TEUs per year, digitizing port functions and revamping infrastructure.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DATA POINT-<\/strong> LICT stands out as Syria\u2019s major maritime gateway, handling over 95% of the country\u2019s container volumes \u2013 specifically for agricultural products and industrial goods. The terminal has a capacity of 250k TEUs, with plans to boost its handling capacity to 625k TEUs by the end of next year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This is not their first partnership:<\/strong> CMA CGM acquired a minority stake in AD Port\u2019s concession of the New East Mole multipurpose terminal in Pointe Noire, Congo, back <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/d542e405-8e69-4d69-b8c8-8a7aed234ac9\/ad-ports-%2B-cma-cgm-to-develop-new-congo-brazzaville-terminal\" style=\"\" rel=\"noopener\">in February<\/a> through a similar JV arrangement. The pair also inaugurated a new terminal at Khalifa Port <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/a6ab6ade-d9a1-49bd-97f4-29abd58904b8\/ad-ports-%2B-cma-cgm-launch-new-container%253cmark%253e-terminal%253c%2Fmark%253e-at-abu-dhabi%25e2%2580%2599s-khalifa-port\" style=\"\" rel=\"noopener\">in December<\/a>, a USD 845 mn project set to boost the port\u2019s capacity by 33%. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REFRESHER- UAE majors are showing a lot of love to Syria\u2019s ports:<\/strong> State-owned logistics giant DP World inked a USD 800 mn 30-year concession agreement with Syria's General Authority for Land and Sea Ports to develop and operate Tartous port in Syria <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/7ae78a13-8685-4350-9187-1a21a49e69b1\/dp-world-to-invest-in-tartus-port-under-30-year-agreement\" style=\"\" rel=\"noopener\">in July<\/a>.<\/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\/cma-cgm\/\">CMA CGM<\/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\/syria\/\">Syria<\/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=\"90164 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=\"90164\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/11\/10\/90164\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-90164\" class=\"content-area-description single-story post-90164 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/transmar.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2700.jpg?ssl=1\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"90165\" 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=\"90165\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">Earnings Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/11\/10\/emirates-lands-record-1h-earnings-for-2025\/\">\r\n                            Emirates lands record 1H earnings for 2025                        <\/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\/11\/10\/emirates-lands-record-1h-earnings-for-2025\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" 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href=\"https:\/\/x.com\/intent\/post?text=Emirates lands record 1H earnings for 2025&url=https:\/\/enterpriseam.com\/logistics\/2025\/11\/10\/emirates-lands-record-1h-earnings-for-2025\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/logistics\/2025\/11\/10\/emirates-lands-record-1h-earnings-for-2025\/&title=Emirates lands record 1H earnings for 2025\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a 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data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2025\/11\/10\/emirates-lands-record-1h-earnings-for-2025\/500-jpg-11\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/500.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"500.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/500.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/500.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-90165\" class=\"content-area-description single-story post-90165 post type-post status-publish format-standard has-post-thumbnail hentry category-earnings-watch tag-aviation tag-earnings-watch tag-emirates-airlines tag-turkey tag-turkish-airlines 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\/11\/.5c290adc-c1ba-4ac5-bfa0-3e5d036430eb.mp3\"><\/audio><\/figure>\n<p class=\"tag-border-left\">EMIRATES- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> <\/strong><strong>Emirates <\/strong><strong>Group\u2019s net income rose 13% y-o-y to AED 10.6 bn in 1H 2025<\/strong>, reporting what it says is record-breaking half-year bottom line for the fourth consecutive year, according to an <a target=\"_blank\" href=\"https:\/\/www.emirates.com\/media-centre\/emirates-group-hits-new-half-year-profit-record-for-2025-26\/\" style=\"\" rel=\"noopener\">earnings release<\/a> published last week. The group\u2019s top line rose 4% y-o-y to AED 75.4 bn for the same period. The group\u2019s FY starts in March. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>By the segment: <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Dubai\u2019s flagship carrier: <\/strong>The group\u2019s airlines, Emirates, saw its bottom line rise 13% y-o-y to AED 9.9 bn. The airline\u2019s top line surged 6% y-o-y to AED 65.6 bn due to continuous travel demand in all markets, coupled with customers favoring Emirates' offerings \u2014 namely, its premium cabins, management said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In cargo terms: <\/strong>Emirates\u2019 air freight arm, Emirates SkyCargo, saw deliveries rise 4% y-o-y to some 1.3 mn tons in 1H 2025, which coincided with the addition of three new Boeing 777 freighters. Meanwhile, cargo yields fell by 6% as demand softened in some markets, partly due to tariff concerns.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- dnata sees record revenues: <\/strong>The group\u2019s air services subsidiary dnata saw its net income rise 22% y-o-y, recording AED 697 mn, while its revenues also increased 13% y-o-y to AED 11.7 bn, the earnings release said. The surge came on the back of revenue growth across dnata\u2019s three divisions, with ground handling services revenues making the biggest contribution with a 15.5% y-o-y rise, reaching AED 5.5 bn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The latest from Emirates: <\/strong>The flag carrier <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/1575cc34-b32d-4778-a500-51afb3f3048a\/hsbc-to-finance%253cmark%253e-emirates%253c%2Fmark%253e%25e2%2580%2599-six-airbus-a350-900-carrier-order\" style=\"\" rel=\"noopener\">tapped<\/a> HSBC to finance the uptake of six new Airbus A350-900 aircraft last week. The airline has <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/e8b72e98-3f34-4884-9c71-1b9e99abed87\/today:-new-aircraft-for-turkish-airlines-%2B-saudi-investors-eye-djibouti-port-logistics-hub\" style=\"\" rel=\"noopener\">some 65 Airbus A350-900<\/a> carriers <a target=\"_blank\" href=\"https:\/\/www.airbus.com\/en\/newsroom\/press-releases\/2024-11-emirates-receives-its-first-of-65-a350-900s\" style=\"\" rel=\"noopener\">in total<\/a> on order \u2014 with deliveries beginning last year and scheduled to run through until 2028.<\/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\">TURKISH AIRLINES-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Turkish <\/strong><strong>Airlines\u2019 bottom line took a 10.7% y-o-y dip to record USD 1.4 bn during 3Q <\/strong><strong>2025<\/strong>, which the firm attributed to the accounting impact of taxes and a weakening USD, according to an <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/632.pdf\" style=\"\" rel=\"noopener\">earnings release (pdf)<\/a>. The Turkish flagship carrier\u2019s top line reported a 4.9% y-o-y increase, reaching about USD 7 bn, largely driven by improvements in revenues from the passengers\u2019 segment. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>On a 9M basis<\/strong>, the carrier\u2019s top line grew 4.5% y-o-y to USD 17.8 bn, while its net income dropped some 25.3% to record USD 2 bn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>By segment: <\/strong>Revenues from the airline cargo segment dropped 5.4% y-o-y to USD 2.4 bn during 9M 2025, which the company attributed to global trade disruptions and competitive sea freight rates. Meanwhile, passenger revenue hit USD 14.8 bn, a 5.6% y-o-y increase, largely due to robust growth in volumes. Technical services revenue also went up by 18.6% to hit USD 479 mn during the same period. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Zooming in on cargo: <\/strong>Despite the revenue drop in the segment, cargo\u2019s physical volume of rose 5.6% y-o-y to 1.6 mn tons in 9M. The company also maintained its strong competitive position in the global air cargo market, remaining third globally with 6.1% market share. As of September 2025, Turkish Cargo operated a vast network, flying to 134 countries and 375 destinations with a fleet of 28 dedicated freighters.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/earnings-watch\/\">EARNINGS WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/emirates-airlines\/\">Emirates Airlines<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/turkey\/\">Turkey<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/turkish-airlines\/\">Turkish Airlines<\/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=\"90167 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=\"90167\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/11\/10\/90167\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-90167\" class=\"content-area-description single-story post-90167 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/ak-ships.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/87.jpg?ssl=1\"><\/a><\/span><\/p>\n\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=\"90168\" 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=\"90168\">\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\/11\/10\/noatum-maritime-to-run-maritime-services-pact-for-bahraini-lng-terminal\/\">\r\n                            Noatum Maritime to run maritime services pact for Bahraini LNG terminal                        <\/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\/11\/10\/noatum-maritime-to-run-maritime-services-pact-for-bahraini-lng-terminal\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The train carried Russian paper and pulp products on top of 62 containers, passing through Kazakhstan and Turkmenistan before reaching Iran in a twelve-day trip. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- Russia and Iran have big rail ambitions:<\/strong> Russia is planning to invest a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/6779dbde-de87-427d-af2e-f500dff48b90\/iran-and-russia-ink-eur-1.6-bn-agreement-to-build-rasht-astara-railway\" style=\"\" rel=\"noopener\">EUR<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/6779dbde-de87-427d-af2e-f500dff48b90\/iran-and-russia-ink-eur-1.6-bn-agreement-to-build-rasht-astara-railway\" style=\"\" rel=\"noopener\">1.6 bn<\/a> in the Rasht-Astara railway, a 162 km connection that is set to close the loop for the planned INSTC\u2019s multimodal routes stretching over 7.2k km. The construction of the link is set to begin in 2026, after Iran <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/cb9d055c-d55b-463b-a538-7aa358dbfff0\/oman-lng-%2B-spain%25e2%2580%2599s-naturgy-explore-future-lng-sale-agreement\" style=\"\" rel=\"noopener\">cleared<\/a> the required land acquisitions from Russia earlier this month. <\/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\">ENERGY- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Noatum Maritime to operate maritime services<\/strong><strong> in Bahrain\u2019s LNG terminal:<\/strong> AD Ports Group subsidiary Noatum Maritime secured a five-year contract to provide maritime services at Bahrain\u2019s LNG Import Terminal, according to a <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/transport\/noatum-maritime-part-of-ad-ports-group-signs-5-year-agreement-with-bapco-upstream-to-provide-marine-services-at-bahrain-lng-import-terminal\/\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. Services provided under the agreement include towage operations, berthing, and unberthing of LNG carriers and floating storage units. The firm will also supply emergency response and standby support services.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About the terminal:<\/strong> The terminal \u2014 managed by <a target=\"_blank\" href=\"https:\/\/bahrainlng.com\/about\/\" style=\"\" rel=\"noopener\">Bahrain LNG<\/a> \u2014 is located near Khalifa Bin Salman Port, and boasts a storage capacity of 173k cbm, and up to 800 mn scf\/d of regasification capacity.<\/p>\n<p class=\"tag-border-left\">CAPITAL MARKETS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Adnoc Logistics & Services was the only UAE stock added to the MSCI Emerging<\/strong><strong> Markets Index<\/strong>, following its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/766797e4-cdae-4a45-b925-983cdcd39aba\/adnoc-takes-additional-3%2525-stake-in-adnoc-l&s-to-market,-seeking-usd-328-mn\" style=\"\" rel=\"noopener\">USD 317 mn follow-on offering in August<\/a>, which lifted its freefloat to roughly 22% and quadrupled average daily trading volumes, it said in <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/526.pdf\" style=\"\" rel=\"noopener\">a press release (pdf)<\/a> issued on Thursday. The move makes it the fourth Adnoc unit to be added to the benchmark, joining Adnoc Gas, Adnoc Drilling, and Adnoc Distribution. Broker estimates cited in the company\u2019s statement suggest the inclusion could attract more than USD 200 mn in passive inflows.<\/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\">E-MOBILITY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE\u2019s Space42 and South Korea\u2019s Autonomous A2Z have launched a joint venture <\/strong>to localize the production of level-4 autonomous vehicles, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/space42-and-autonomous-a2z-establish-jv-to-accelerate-autonomous-mobility-transformation-in-the-uae-kqf12s2y\" style=\"\" rel=\"noopener\">press release<\/a> from Thursday. The two firms will retrofit existing fleets, deploy vehicle-to-everything technologies, and eventually build a local workshop and R&D program. The initiative will target public transport, logistics, industrial zones, airports, and tourism sectors. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>The JV was first announced <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/203c9632-9a33-46b7-937b-394a7470b41d\/no-sign-of-a-slowdown-on-day-four-of-gitex\" style=\"\" rel=\"noopener\">in October<\/a>, when the two said they wanted to create a self-driving ecosystem in Abu Dhabi.<\/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\">SUPPLY CHAINS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Maersk + Unilever to deploy e-van <\/strong><strong>in Saudi:<\/strong> Danish logistics solutions giant Moller-Maersk partnered up with Unilever to launch their first electric van in Jeddah, in efforts to scale up electric mobility across the Kingdom, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/maersk-and-unilever-launch-first-electric-van-towards-decarbonising-logistics-in-saudi-arabia-ctgwar6v\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. The van, serving Unilever\u2019s retail partner BinDawood Group, will cover some 3.5 km per month across a 50 km radius in the city. The new van will support the pair\u2019s joint operations at the Maersk Logistics Park in Jeddah. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Not their first partnership: <\/strong>Unilever is a major tenant at Maersk\u2019s Logistics Park. <a target=\"_blank\" href=\"https:\/\/www.unilever-arabia.com\/news\/2024\/unilever-in-saudi-arabia-partners-with-maersk-for-sustainable-logistics\/\" style=\"\" rel=\"noopener\">Last year<\/a>, Unilever integrated six warehouses into a single fulfillment center at the park, aiming to cut emissions by 5%.<\/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\">AVIATION- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> <\/strong><strong>ADQ-owned Etihad <\/strong><strong>Airport <\/strong><strong>Services rebranded itself as Velora<\/strong>, bringing together the firm\u2019s three subsidiaries for ground handling, cargo and logistics, and security services under a single platform, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/etihad-airport-services-rebrands-as-velora-signalling-next-phase-of-growth-lgmh8zlh\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. Velora will now oversee daily operations for the services at Abu Dhabi\u2019s airports, bringing to the table over 5k skilled workers.<\/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\/adnoc-logistics\/\">ADNOC Logistics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/bahrain\/\">Bahrain<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/energy\/\">energy<\/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\/maersk\/\">Maersk<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/noatum-maritime\/\">Noatum Maritime<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/rail\/\">RAIL<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/russia\/\">Russia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/south-korea\/\">South Korea<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/supply-chains\/\">supply chains<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <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=\"90170\" 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=\"90170\">\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\/11\/10\/dhls-earnings-see-bottom-line-climb-revenues-slip\/\">\r\n                            DHL\u2019s earnings see bottom line climb, revenues slip                        <\/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\/11\/10\/dhls-earnings-see-bottom-line-climb-revenues-slip\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/logistics\/2025\/11\/10\/dhls-earnings-see-bottom-line-climb-revenues-slip\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/logistics\/2025\/11\/10\/dhls-earnings-see-bottom-line-climb-revenues-slip\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=DHL\u2019s earnings see bottom line climb, revenues slip&url=https:\/\/enterpriseam.com\/logistics\/2025\/11\/10\/dhls-earnings-see-bottom-line-climb-revenues-slip\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/logistics\/2025\/11\/10\/dhls-earnings-see-bottom-line-climb-revenues-slip\/&title=DHL\u2019s earnings see bottom line climb, revenues slip\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=DHL%E2%80%99s+earnings+see+bottom+line+climb%2C+revenues+slip+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2025%2F11%2F10%2Fdhls-earnings-see-bottom-line-climb-revenues-slip%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\/11\/10\/dhls-earnings-see-bottom-line-climb-revenues-slip\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1196.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"90171\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2025\/11\/10\/dhls-earnings-see-bottom-line-climb-revenues-slip\/1196-jpg-10\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1196.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1196.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1196.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1196.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-90170\" class=\"content-area-description single-story post-90170 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-dhl tag-freight-forwarding 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\/11\/.f8b08910-7612-42b8-9e72-6ba986045a6a.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Freight <\/strong><strong>forwarding giant DHL\u2019s net income rose 11.9% y-o-y in 3Q 2025, reaching <\/strong><strong>EUR 840 mn<\/strong>, according to an <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/555.pdf\" style=\"\" rel=\"noopener\">earnings release (pdf)<\/a> published last week. The firm\u2019s revenues slipped 2.3% y-o-y to EUR 20.1 bn in the same period, due to currency fluctuations and reduced traffic on US routes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The financial year, so far: <\/strong>DHL\u2019s bottom line <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/c4e491e0-1eaf-4ca2-84cc-a5779676adb1\" style=\"\" rel=\"noopener\">surged<\/a> 7.9% y-o-y to EUR 1.6 bn in 1H 2025, while its top line flagged 0.6% to record EUR 40.6 bn in the same period.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A promising outlook: <\/strong>DHL maintained its 2025 financial targets, namely its goal of reaching EUR 6 bn in operating gain, due to the new import regulations for low-value shipments. The US\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/4a1b0a9c-1c34-4769-b295-f731591dee28\/hanwha-shipping-orders-10-mr-tankers-from-its-us-shipyards\" style=\"\" rel=\"noopener\">de minimis rule<\/a> has so far had a limited impact on the company\u2019s financials.<\/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\/dhl\/\">DHL<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/freight-forwarding\/\">freight forwarding<\/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=\"90172\" 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\/11\/10\/90172\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-90172\" class=\"content-area-description single-story post-90172 post type-post status-publish format-standard hentry category-calendar wpautop entry\">\n\n\t\t\t<hr class=\"wp-block-separator has-text-color has-primary-color has-alpha-channel-opacity has-primary-background-color has-background is-style-wide\">\n\n\t\t<h2 class=\"wp-block-heading mt-0 has-primary-color has-text-color has-link-color has-normal-font-size\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\">\n\t\t\t<strong> Calendar<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700\">NOVEMBER<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>9-11 November (Sunday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/trans-mea.com\/\" style=\"\">TransMea Expo<\/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>11-13 November (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.freightcamp.com\" style=\"\">Freightcamp<\/a><\/span><span style=\"font-weight:400;\">, Bangkok, Thailand.<\/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;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 November (Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.shiptekmaritimeevents.com\/KSA-2025\/\" style=\"\">ShipTek International Conference and Awards<\/a><\/span><span style=\"font-weight:400;\">, Al Khobar, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">DECEMBER<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>6 December (Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.blueoceanconferences.com\/international-procurement-supply-chain-conference-ipsc-egypt-2025\/?li_fat_id=7bdb97f7-a09e-4c00-9bfd-7a169a84e1e0\" style=\"\">International Procurement Supply Chain Conference<\/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>9-10 December (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/morocco.railmeetings.com\/en\/\" style=\"\">Rail Industry Summit<\/a><\/span><span style=\"font-weight:400;\">, El Jadida, Morocco.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>16-17 December (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/globalairportsforum.com\" style=\"\">Saudi Airport Exhibition<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">JANUARY 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>19-23 January (Monday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.weforum.org\/meetings\/world-economic-forum-annual-meeting-2026\/\" style=\"\">World Economic Forum Annual Meeting<\/a><\/span><span style=\"font-weight:400;\">, Davos, Switzerland.<\/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>27-28 January (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.skymovemena.com\" style=\"\">SkyMove Air Cargo MENA,<\/a><\/span><span style=\"font-weight:400;\"> Riyadh, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>27-28 January (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/meprocuretech.com\/\" style=\"\">Middle East ProcureTech Summit<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">FEBRUARY 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>4-5 February (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/middleeast.breakbulk.com\/home\" style=\"\">Breakbulk Middle East<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>4-5 February (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/mromiddleeast.aviationweek.com\/en\/home.html\" style=\"\">MRO Middle East<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>15-17 February (Sunday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wamsaudi.com\" style=\"\">World Advanced Manufacturing Logistics Summit and Expo<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>25-27 February (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/p\/Air-cargo-Africa-100083961264629\/\" style=\"\">Air Cargo Africa<\/a><\/span><span style=\"font-weight:400;\">, Nairobi, Kenya.<\/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;\">MARCH 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>10-12 March (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iata.org\/en\/events\/all\/world-cargo-symposium\/\" style=\"\">World Cargo Symposium<\/a><\/span><span>, Lima, Peru.<\/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>Qatar to exit Cathay?  AviLease prices debt notes | AD Ports to acquire stake in Syria\u2019s Latakia terminal | More airlines 1H earnings<\/p>\n","protected":false},"featured_media":90153,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-90152","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"1f1756bf-4830-47cd-9051-d36c1449ecc0","teaser":"Qatar to exit Cathay?  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