{"id":91088,"date":"2025-12-17T00:00:00","date_gmt":"2025-12-17T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=91088"},"modified":"2025-12-28T01:52:39","modified_gmt":"2025-12-28T01:52:39","slug":"e-commerce-giant-noon-lands-usd-500-mn-in-funding-from-backers","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/e-commerce-giant-noon-lands-usd-500-mn-in-funding-from-backers\/","title":{"rendered":"E-commerce giant Noon lands USD 500 mn in funding from backers"},"content":{"rendered":"<section id=\"91090\" 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=\"91090\">\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\/12\/17\/today-pif-doubles-down-on-noon-with-usd-500-mn-injection\/\">\r\n                            TODAY:  PIF doubles down on Noon with USD 500 mn injection                        <\/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\/12\/17\/today-pif-doubles-down-on-noon-with-usd-500-mn-injection\/\" 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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Breaks like these don\u2019t just allow us to keep our journalism sharp by engaging in a bit of Maoist self-criticism, but to cook up new things.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Uh, Enterprise? Beyond self-flagellation, what do you guys do on these breaks?<\/strong> Past publication breaks are where we built the things that became:<\/p>\n<ul>\n<li>Our annual <strong>events series<\/strong>, including our flagship EnterpriseAM Egypt Forum<\/li>\n<li>Our <strong>audio products<\/strong>, including Morning Drive and Making It<\/li>\n<li>Our <strong>launches<\/strong> in the UAE, Saudi Arabia, and the MENA-India corridor<\/li>\n<li>The <strong>relaunch<\/strong> of EnterpriseAM Weekend in Egypt<\/li>\n<li>\u2026and plenty more<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">We\u2019ll have lots more for you in the months to come \u2014 stay tuned. \ud83d\ude42 <\/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>We lead this morning with news that Noon has raised USD 500 mn from PIF and its backers, <\/strong>in what appears to be a push to stay competitive amid rising competition from new players and ahead of possible IPO plans. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MEANWHILE- <\/strong>we also have the latest on AD Ports mandatory tender offer that could see it secure up to 90% of Egypt\u2019s Alexandria Container and Cargo Handling Company. <\/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> <\/strong><strong>RAIL<\/strong><strong>: Is Gulftainer making a play for East Africa\u2019s rail logistics? <\/strong>Sharjah-based Gulftainer is in advanced talks to finalize a concession to operate Uganda\u2019s first <a target=\"_blank\" href=\"https:\/\/www.alkhaleej.ae\/2025-12-16\/%D8%BA%D9%84%D9%81%D8%AA%D9%8A%D9%86%D8%B1-%D8%AA%D8%B9%D8%AA%D8%B2%D9%85-%D8%A5%D9%86%D8%B4%D8%A7%D8%A1-%D8%A3%D9%88%D9%84-%D9%85%D9%8A%D9%86%D8%A7%D8%A1-%D8%AC%D8%A7%D9%81-%D9%85%D8%AA%D8%B5%D9%84-%D8%A8%D8%A7%D9%84%D8%B3%D9%83%D9%83-%D8%A7%D9%84%D8%AD%D8%AF%D9%8A%D8%AF%D9%8A%D8%A9-%D9%81%D9%8A-%D8%A3%D9%88%D8%BA%D9%86%D8%AF%D8%A7-6225121\/%D8%A3%D8%B3%D9%88%D8%A7%D9%82-%D8%A7%D9%84%D8%A5%D9%85%D8%A7%D8%B1%D8%A7%D8%AA\" style=\"\" rel=\"noopener\">rail-connected dry port<\/a> \u2014 an agreement that would see Gulftainer build and run the inland terminal that connects to the upcoming Standard Gauge Railway (SGR). <\/p>\n<p style=\"padding-top:12pt;margin:0;padding-left:0;padding-bottom:12pt;line-height:1.15;orphans:2;widows:2;text-align:left;padding-right:0\"><strong>What\u2019s the play? <\/strong>The firm could be testing the waters in landlocked Africa, where rail and road connectivity are key to brings goods to ports in neighboring countries. With minimal assets on the continent to leverage, Gulftainer\u2019s could tap into the rising demand on intermodal logistics infrastructure in the continent. <\/p>\n<p style=\"padding-top:12pt;margin:0;padding-left:0;padding-bottom:12pt;line-height:1.15;orphans:2;widows:2;text-align:left;padding-right:0\"><strong>The SGR connection \u2014 linking to Kenya in its first phase \u2014 is also set to provide shippers a competitive alternative to trucking, <\/strong>potentially undercutting costs of Kenya-Uganda container movements \u2014 which can reach <a target=\"_blank\" href=\"https:\/\/www.dantful.com\/container-shipping-costs-from-china-to-uganda\/\" style=\"\" rel=\"noopener\">up to USD 3.5k<\/a><a target=\"_blank\" href=\"https:\/\/www.dantful.com\/container-shipping-costs-from-china-to-uganda\/\" style=\"\" rel=\"noopener\"><\/a> for 40-ft containers. <\/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 id=\"wwtt2\"><\/a> <strong>PORTS<\/strong><strong>: Next stop for AD Ports could be Kuwait. <\/strong>AD Ports Group signed an MoU to <a target=\"_blank\" href=\"https:\/\/www.adportsgroup.com\/en\/news-and-media\/2025\/12\/15\/ad-ports-group-and-kuwait-ports-authority-sign-mou\" style=\"\" rel=\"noopener\">explore<\/a> developing and operating container services at Kuwait\u2019s Shuaiba Port. This follows DP World\u2019s launch of a 36-hour <a target=\"_blank\" href=\"https:\/\/www.dpworld.com\/uae\/news\/releases\/dp-world-launches-36-hour-dubai-iraq-sea-link-cutting-costs-and-transit-times\/\" style=\"\" rel=\"noopener\">maritime service<\/a> linking Dubai\u2019s Port Rashid to Iraq\u2019s Umm Qasr, utilizing a specialized roll-on\/roll-off (Ro-Ro) vessel for 145 accompanied trailers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why does it matter? <\/strong>The moves can provide a layer of predictability to Iraq-bound shipments, where land borders have been historically subject to congestion. For example, Iraq\u2019s Customs Efficiency score in the World Bank\u2019s 2023 Logistics Performance Index (LPI) remains a significant outlier compared to its Gulf neighbors, sitting at the bottom quintile with <a target=\"_blank\" href=\"https:\/\/lpi.worldbank.org\/international\/scorecard\/radar\/C\/IRQ\/2023\/C+IRQ+2023+C+EGY+2023\" style=\"\" rel=\"noopener\">overall score of 2.3<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The bottomline?<\/strong> By securing Kuwaiti partnerships and direct sea links now, UAE operators are working to ensure they remain the key origin point for Iraq-bound goods, regardless of which overland corridor eventually dominates as Iraq advances its own ambitious intermodal logistics infrastructure throughAl Faw Grand Port and the Iraq Development Road.<\/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\"><a id=\"wwtt3\"><\/a> <strong>M&As: International Holding Company (IHC) <\/strong><strong>lifted<\/strong><strong> its 22.5% <\/strong><strong>stake in ADX-listed agro-food and <\/strong><strong>commodities trader Invictus Investment to about 40%<\/strong> via an AED 420 mn block trade, according to <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/12\/813.pdf\" style=\"\" rel=\"noopener\">a press release (pdf)<\/a>. The transaction value implies an AED 2.4 bn valuation for Invictus at the time of the acquisition. Invictus\u2019 top line rose 43% y-o-y to AED 6.1 bn in 1H \u2014 its strongest half since listing on the back of doubling in traded volumes \u2014 and it also scaled to 10 new markets, now operating in 65 countries. Invictus\u2019 ADX stock gained 2.5% yesterday to close at AED 2.44 ashare. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s the playbook? <\/strong>IHC has been acquiring assets covering the entire \"farm-to-shelf\" cycle, with the latest investment in Invictus advancing the group\u2019s strategy that focuses on securing global trading and logistics infrastructure that links its production assets in Africa and the UAE to regional distribution assets.<\/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>SYRIA:<\/strong> <strong>Washington<\/strong> <strong>votes to repeal Caesar Act: <\/strong>The US House of Representatives has voted to lift sanctions under the Caesar Act \u2014 the last major holdout item in the US\u2019 web of Syria sanctions that Washington had began undoing earlier this year. The move \u2014 a part of the draft budget for the Defense Department yet to be finalized by the Senate \u2014 requires Washington to submit a review every six months to Congress to certify that the Syrian regime is protecting minorities and fighting Islamic State militants (among other things). <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- The US officially <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/f667d7c7-2c05-4b78-8e41-ffcebabcf3a2\/today:-meeza-secures-funding-for-data-center-expansion-%2B-menzies-wraps-g2-acquisition\" style=\"\" rel=\"noopener\">ended<\/a><\/strong><strong> its direct sanctions on Syria in August<\/strong>, leaving secondary sanctions \u2014 courtesy of the Caesar Act \u2014 in place. The Caesar Syria Civilian Protection Act of 2019 was imposed to target the Assad regime by sanctioning entities and individuals providing material support to the now-ousted Assad government.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Market Watch- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Oil prices surged this morning amid shortage concerns after the US pledged to impose a <\/strong><strong>full blockade on all oil tankers bound to and from Venezuela,<\/strong> <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/oil-up-15-trump-orders-blockade-sanctioned-oil-tankers-leaving-entering-2025-12-17\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported. Brent crude futures went up by USD 0.79 to trade at USD 59.71 \/ bbl as of 05:00 GMT, while US West Texas Intermediate (WTI) rose USD 0.77 to USD 56.04 \/ bbl. <\/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>Baltic index breaks losing streak: <\/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\">was up 0.5%<\/a> to 2,204 points on Tuesday, buoyed by the larger-size segment. The capesize increased 3.1% to 3,834, while the panamax index eased 4.1% to 1,577 points, and the smaller supramax index shed by 25 points to 1,335.<\/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\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\/investment-watch\/\">INVESTMENT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/kuwait\/\">Kuwait<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/ma-watch\/\">M&amp;A WATCH<\/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\/rail\/\">RAIL<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n     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\r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"91093\" 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=\"91093\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">The Big Story Today<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/12\/17\/pif-levels-up-noons-finances-to-survive-intense-competition\/\">\r\n                            The capital will allow it to grow its marketplace, maintain competitive pricing, and counter smaller rivals                        <\/a>\r\n                    <\/h3>\r\n\r\n                    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             <\/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\/12\/17\/pif-levels-up-noons-finances-to-survive-intense-competition\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/12\/870.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"91094\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2025\/12\/17\/pif-levels-up-noons-finances-to-survive-intense-competition\/870-jpg-6\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/12\/870.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"870.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/12\/870.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/12\/870.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-91093\" class=\"content-area-description single-story post-91093 post type-post status-publish format-standard has-post-thumbnail hentry category-the-big-story-today tag-enterprise-logistics tag-saudi-arabia tag-the-big-story-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>PIF<\/strong><strong> is tightening its belt \u2014 everywhere except e-commerce. <\/strong>Despite a directive to slash portfolio <a target=\"_blank\" href=\"https:\/\/www.sbjbc.org\/key-recent-updates-in-the-kingdom-of-saudi-arabia\/\" style=\"\" rel=\"noopener\">spending by 20% next year<\/a>, the Public Investment Fund (PIF) has <a target=\"_blank\" href=\"https:\/\/www.semafor.com\/article\/12\/12\/2025\/mideast-amazon-rival-noon-raises-500-million\" style=\"\" rel=\"noopener\">reportedly<\/a> co-led a USD 500 mn funding round alongside its founder Mohamed Alabbar. It\u2019s not clear whether the stakes of involved parties would change, but the latest updates confirm that PIF holds 50%, with Alabbar and others owning the remainder. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The e-commerce competition is heating up in GCC:<\/strong> Amazon is deepening its grocery push in the Gulf, and China\u2019s Meituan entered the Middle East with a focus on food delivery and delivery-only stores. Meanwhile, Saudi\u2019s Ninja raised <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/64f3a897-9db3-43f2-9d64-f81a460049c3\/%253cmark%253eninja%253c%2Fmark%253e-hits-unicorn-status-with-usd-250-mn-raise\" style=\"\" rel=\"noopener\">USD 250 mn<\/a> to expand in the region. <\/p>\n<p class=\"tag-border-left\">Why it matters <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The newly raised capital and a potential IPO could fuel Noon\u2019s expansion and <\/strong><strong>automation.<\/strong> The company is <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/fe0bf69b-f784-43e0-8863-01e3b5264f50\/opec%2B-is-meeting-today\" style=\"\" rel=\"noopener\">considering a dual listing<\/a> on the Saudi and UAE stock exchanges within the next two years as it moves toward profitability. Meanwhile, it is expanding its automated self-delivery services, aiming to cut its 40k delivery workforce by half by 2027. Noon is also exploring mergers and acquisitions to expand into new markets, such as India.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>PLUS<\/strong><strong>- <\/strong>The fresh capital will help Noon navigate intense competition from local and global players, allowing it to grow its marketplace, maintain its foothold amid pricing competition, and counter fast-expanding smaller rivals. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DATA POINT- <\/strong>Saudi Arabia\u2019s e-commerce market is set to double from a <a target=\"_blank\" href=\"https:\/\/www.marknteladvisors.com\/research-library\/saudi-arabia-e-commerce-market.html#:~:text=The%20Saudi%20Arabia%20E%2DCommerce,Market%20Trends%20and%20Indicators\" style=\"\" rel=\"noopener\">USD 15 bn in 2024<\/a> towards almost <a target=\"_blank\" href=\"https:\/\/www.marknteladvisors.com\/research-library\/saudi-arabia-e-commerce-market.html#:~:text=The%20Saudi%20Arabia%20E%2DCommerce,Market%20Trends%20and%20Indicators\" style=\"\" rel=\"noopener\">USD 30 bn by 2030<\/a>, suggesting digital commerce is well-positioned to play a leading role in diviersfying the country\u2019s economy and supporting non-oil GDP growth. <\/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\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/the-big-story-today\/\">THE BIG STORY TODAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    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href=\"https:\/\/enterpriseam.com\/logistics\/2025\/12\/17\/ad-ports-wants-to-raise-its-stake-in-alexandria-container-to-at-least-51\/\">\r\n                            AD Ports wants to raise its stake in Alexandria Container to at least 51%                        <\/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\/12\/17\/ad-ports-wants-to-raise-its-stake-in-alexandria-container-to-at-least-51\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" 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<li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=AD+Ports+wants+to+raise+its+stake+in+Alexandria+Container+to+at+least+51%25+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2025%2F12%2F17%2Fad-ports-wants-to-raise-its-stake-in-alexandria-container-to-at-least-51%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\/12\/17\/ad-ports-wants-to-raise-its-stake-in-alexandria-container-to-at-least-51\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1405.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"91097\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2025\/12\/17\/ad-ports-wants-to-raise-its-stake-in-alexandria-container-to-at-least-51\/1405-jpg-11\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1405.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1405.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1405.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1405.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-91096\" class=\"content-area-description single-story post-91096 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch-3 tag-ad-ports tag-egypt tag-enterprise-logistics tag-ma-watch tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> AD Ports is planning to raise its stake in Alexandria Container and Cargo <\/strong><strong>Handling Company (ALCN) to become a majority shareholder<\/strong> as it gears up to place a mandatory tender offer to buy an additional stake of nearly 32% as a minimum, the ADQ-owned ports operator said in a <a target=\"_blank\" href=\"https:\/\/www.adportsgroup.com\/en\/news-and-media\/2025\/12\/15\/ad-ports-group-announces-intention-to-launch-mandatory-tender-offer-for-alexandria-container\" style=\"\" rel=\"noopener\">statement<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The ADQ-backed player, which <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0e068cb1-c27d-4b58-a86d-d1301fff60ee\/adq-secures-indirect-majority-control-of-egypt%25e2%2580%2599s-alexandria-container-&-cargo-handling-company\" style=\"\" rel=\"noopener\">already owns 19.33%<\/a><\/strong><strong> of ALCN, is offering to buy up to<\/strong><strong> 90% of the company<\/strong> at EGP 22.99 a pop, according to a separate <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/12\/806.pdf\" style=\"\" rel=\"noopener\">bourse disclosure (pdf)<\/a>, and is penciling in a 3% boost to group revenue from the acquisition, set to close in 2Q 2026. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This may very well be an internal transfer. <\/strong>ADQ-owned Alpha Oryx, AD Ports\u2019 sister company, currently holds a 32% stake in ALCN \u2014 the exact amount AD Ports needs for the transaction to go through. A sale to AD Ports would centralize all of ADQ\u2019s holdings in ALCN (currently at 51.33%) under a single subsidiary instead of two.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Open to all, aimed at a few: <\/strong>The MTO will be open to all of ALCN\u2019s shareholders, as is required by law, including the Egyptian government, which holds most of the remaining shares. AD Ports, however, confirmed that government shareholders that own over 40% of the port operator will \u201cmaintain their current respective shareholding stakes,\u201d further suggesting the offer is primarily aimed at buying out Alpha Oryx and any other minority investors. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The price is a markdown:<\/strong> At EGP 22.99 a share, the offer implies a 4.2% markdown to ALCN\u2019s Thursday price of EGP 23.95 \u2014 its last close before the transaction was announced on Sunday. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Keep an eye out:<\/strong> The transaction is expected to come to fruition in 2Q 2026.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Why it matters<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This is the latest step in AD Ports\u2019 steady buildout of Egypt\u2019s logistics corridor. <\/strong>The firm acquired majority stakes from our multimodal logistics friends at Transmar and Transcargo International back in 2022, as well as Safina Shipping Services last year. The firm also secured a long-term concession for the USD 200 mn <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/6be91c44-beff-4338-9bab-ea9fd03954c8\/adp-inks-usd-200-mn-egypt-terminal-agreement.-plus:-news-from-real-estate,-financial-services,-energy,-trade,-and-tourism,-and-more\" style=\"\" rel=\"noopener\">Safaga terminal<\/a>, signed a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/6e52c19b-f03e-4028-8aac-319a2bee5621\/ad-ports-signs-50-year-agreement-to-develop%253cmark%253e-kezad-east-port%253c%2Fmark%253e-said-zone\" style=\"\" rel=\"noopener\">50-year renewable agreement<\/a> to develop and operate Kezad East Port Said at Suez Canal, and is expanding its cruise and port <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9face794-e574-4fde-8007-b955053d60fc\" style=\"\" rel=\"noopener\">footprint along the Red Sea coast<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Taking control of ALCN would plug AD Ports into the country\u2019s primary Mediterr<\/strong><strong>anean <\/strong><strong>gateway<\/strong> linking Suez Canal traffic with Egypt\u2019s industrial and consumption base, and bring 60% of Alexandria\u2019s container capacity \u2014 which spans two container terminals at Alexandria and El Dekheila ports with a combined annual capacity of 1.5 mn TEUs \u2014 under its umbrella. <\/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\">Our take<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The port operator has been monetizing non-core assets as it looks to <\/strong><strong>strengthen its balance sheet and reinvest capital into growth<\/strong> and expansion of its logistics, infrastructure, and trade projects. The UAE major has recently sold some <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/edition\/logistics\/6a29dd89-9bba-4881-ab55-d3b9c479f2d9\" style=\"\" rel=\"noopener\">UAE-based assets<\/a> including its stakes in National Marine Dredging Company (NMDC), land plots in KEZAD, and two logistics warehouses.<\/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\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/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=\"91098 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=\"91098\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/12\/17\/91098\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-91098\" class=\"content-area-description single-story post-91098 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=\"91099\" 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=\"91099\">\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\">Aviation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/12\/17\/mea-now-accounts-for-93-of-the-worlds-blocked-airline-funds-as-algeria-tops-the-list\/\">\r\n                            MEA now accounts for 93% of the world\u2019s blocked airline funds as Algeria tops the list, IATA report finds                        <\/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\/12\/17\/mea-now-accounts-for-93-of-the-worlds-blocked-airline-funds-as-algeria-tops-the-list\/\" 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\/12\/17\/mea-now-accounts-for-93-of-the-worlds-blocked-airline-funds-as-algeria-tops-the-list\/')\">\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\/12\/17\/mea-now-accounts-for-93-of-the-worlds-blocked-airline-funds-as-algeria-tops-the-list\/\">\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=MEA now accounts for 93% of the world\u2019s blocked airline funds as Algeria tops the list&url=https:\/\/enterpriseam.com\/logistics\/2025\/12\/17\/mea-now-accounts-for-93-of-the-worlds-blocked-airline-funds-as-algeria-tops-the-list\/\">\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\/12\/17\/mea-now-accounts-for-93-of-the-worlds-blocked-airline-funds-as-algeria-tops-the-list\/&title=MEA now accounts for 93% of the world\u2019s blocked airline funds as Algeria tops the list\">\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=MEA+now+accounts+for+93%25+of+the+world%E2%80%99s+blocked+airline+funds+as+Algeria+tops+the+list+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2025%2F12%2F17%2Fmea-now-accounts-for-93-of-the-worlds-blocked-airline-funds-as-algeria-tops-the-list%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\/12\/17\/mea-now-accounts-for-93-of-the-worlds-blocked-airline-funds-as-algeria-tops-the-list\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/6\/225.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"91100\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2025\/12\/17\/mea-now-accounts-for-93-of-the-worlds-blocked-airline-funds-as-algeria-tops-the-list\/225-jpg-6\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/6\/225.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"225.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/6\/225.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/6\/225.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-91099\" class=\"content-area-description single-story post-91099 post type-post status-publish format-standard has-post-thumbnail hentry category-aviation tag-algeria tag-aviation tag-enterprise-logistics tag-lebanon wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Algeria has <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.iata.org\/en\/pressroom\/2025-releases\/2025-12-10-01\/\" style=\"\" rel=\"noopener\">overtaken<\/a><\/strong><strong> Mozambique to<\/strong><strong> become the world\u2019s most difficult <\/strong><strong>market for airlines\u2019 revenue repatriation<\/strong>, with USD 307 mn \u2014 out of a global total of USD 1.2 bn \u2014 now trapped in the country. Unlike previous years when \u201cblocked funds\u201d were largely a byproduct of raw FX shortages, the bottleneck in Algeria is mainly bureaucratic after a new regulation from the Trade Ministry reportedly added months to the FX funds repatriation cycle.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Not just Algeria:<\/strong> The Middle East and Africa region (MEA) accounted for a staggering 93% of the world\u2019s total as of October 2023. Lebanon remains a constant feature on the list, with USD 138 mn frozen \u2014 largely a symptom of the country\u2019s multi-year FX liquidity problems. Other countries involved include Angola, Eritrea, Zimbabwe, Ethiopia, Pakistan, and Bangladesh.<\/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\">Why it matters: stable air connectivity to these markets is at risk<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">This concentration of funds repatriation risk in the MEA corridor could force carriers to reconsider their connectivity to unstable markets. When airlines cannot access ticket and cargo revenue to pay for USD-denominated leases and fuel, the inevitable result is a contraction in route frequency, making it harder for businesses to manage time-sensitive cargo and international trade flows. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Remember Nigeria? <\/strong>Emirates suspended all passenger flights to Lagos in 2022 after USD 85 mn in revenue became trapped, before returning to Lagos in 2024 after the Central Bank of Nigeria cleared 98% of the backlog. Etihad also halted its Nigeria routes in 2022, before resuming them earlier this year. <\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/algeria\/\">Algeria<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/lebanon\/\">Lebanon<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"91101 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"91101\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/12\/17\/91101\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-91101\" class=\"content-area-description single-story post-91101 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/ak-ships.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/87.jpg?ssl=1\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"91102\" 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=\"91102\">\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\">Also on Our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/12\/17\/eur-270-mn-for-moroccan-airports\/\">\r\n                            EUR 270 mn for Moroccan airports                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/12\/17\/eur-270-mn-for-moroccan-airports\/\" 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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USD 316 mn) to raise operational capacity at Moroccan airports ahead of the 2030 Fifa World Cup, according to a <a target=\"_blank\" href=\"https:\/\/www.afdb.org\/ar\/akhbar-wa-ahdath\/balaghat-sahafyah\/lmgrb-lbnk-lfryqy-lltnmy-ymnh-270-mlywn-wrw-lsrn-lbn-lthty-llmtrt-wjl-lmmlk-mrkzan-jwyan-rydan-89587\" style=\"\" rel=\"noopener\">statement<\/a>. The expansion is part of <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/bf0fd2f5-b1c3-405d-b6a2-c46896b02cfc\/morocco-green-lights-five-year-mad-38-bn-airport-expansion-plan\" style=\"\" rel=\"noopener\">Morocco's mandate to raise airport capacity<\/a> to 80 mn passengers by 2030 at a presumed cost of MAD 38 bn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>While the focus is on raising passengers capacity ahead of 2030, <\/strong>more passenger flights would automatically translate into boosted cargo capacity \u2014 as aircraft belly storage in passenger jets already <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/7e40b494-ed9c-4f45-a982-c7e128216b8c\/today:-sohar-port-and-freezone-taps-local-banks-for-phase-two\" style=\"\" rel=\"noopener\">accounts for 54%<\/a> of global air cargo capacity.<\/p>\n<p class=\"tag-border-left\">Turkish Airlines snags 25 jets from AerCap in leasing push <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> <\/strong><strong>Turkish<\/strong><strong> Airlines will acquire 25 narrow-body jets from the Ireland-based jet <\/strong><strong>lessor AerCap<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/investor.turkishairlines.com\/en\/announcements\/public-disclosures\/10122025-our-companys-aircraft-leases-as-part-of-its-strategic-plan\" style=\"\" rel=\"noopener\">statement<\/a>. Deliveries will begin from 2027 through 2029 under a 12-year lease agreement.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Leasing has been a key part of the carrier\u2019s growth playbook<\/strong>, amid global supply chain snags in the aviation industry. Earlier this year, the Turkish flagship carrier <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/4820c825-7191-4583-876a-87dbe8133eaf\/dae-to-shell-out-10-new-boeing-jets-to%253cmark%253e-turkish-airlines%253c%2Fmark%253e-and-ajet\" style=\"\" rel=\"noopener\">signed<\/a> a long-term lease agreement for 10 Boeing 737-8 jets with Dubai Aerospace Enterprise and another <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/2d616b0d-3a89-4589-8f0c-d3d0f05c8439\/pif-backed-avilease-to-lease-out-eight-carriers-to%253cmark%253e-turkish-airlines%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">contract<\/a> with the PIF-backed AviLease for eight A320neo jets. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The carrier isn\u2019t just getting planes \u2013\u2013 it\u2019s building an empire:<\/strong> The Turkish flag carrier \u2014 which currently operates 398 <a target=\"_blank\" href=\"https:\/\/www.planespotters.net\/airline\/Turkish-Airlines\" style=\"\" rel=\"noopener\">aircraft<\/a>, including its cargo fleet \u2014 aims to boost its fleet to 800 jets by 2033 through a mix of jet orders and airline acquisitions. Earlier in November, the airline placed an order for 75 Boeing aircraft and had its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/08d0c822-a660-419d-b220-01af8567692a\/qatar-airways-to-sell-off-9.57%2525-stake-in-cathay-pacific\" style=\"\" rel=\"noopener\">bid for a 25-27% stake<\/a> in Spain\u2019s Air Europa approved by the latter\u2019s shareholders. <\/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\/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\/debt-watch\/\">DEBT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/iraq\/\">Iraq<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/morocco\/\">Morocco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/rai\/\">RAI<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/turkey\/\">Turkey<\/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=\"91104\" 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\/12\/17\/91104\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-91104\" class=\"content-area-description single-story post-91104 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;\">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>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;\">2026<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">JANUARY<\/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>21-22 January  (Wednesday-Thursday):<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iata.org\/en\/events\/all\/iosa-operator-workshop\/\" style=\"\">IOSA Operator Workshop<\/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<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>3-4 February (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ship.energy\/conference\/mebc26\/\" style=\"\">Middle East Bunkering Convention<\/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:\/\/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>9-11 February (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.marcusevans.com\/conferences\/menafuturewarehouse\" style=\"\">Future Warehouses & Logistics<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>10-12 February (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.safcongressmena.com\/#:~:text=10%20%2D%2012%20February%202026%20%7C%20Kempinski,create%20actionable%20outcomes%20and%20partnerships.\" style=\"\">Sustainable Aviation Future MENA<\/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>12 February (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/futurefuels.imo.org\/project-news\/upcoming-technical-seminar-on-marine-biofuels\/\" style=\"\">Technical Seminar on Marine Biofuels<\/a><\/span><span style=\"font-weight:400;\">, London, UK.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>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>17-19 February (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-legal-symposium\/\" style=\"\">World Legal Symposium (WLS)<\/a><\/span><span style=\"font-weight:400;\">, Warsaw, Poland.<\/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>20-22 February (Friday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/dubai2025.freightcamp.com\/\" style=\"\">Dubai Freight Camp<\/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>24-25 February (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wisdomevents.net\/gss#:~:text=About%20this%20event%20The%2010th%20Anniversary%20Green,celebrating%20a%20decade%20of%20sustainable%20maritime%20innovation.\" style=\"\">Green Shipping Summit<\/a><\/span><span style=\"font-weight:400;\">, Athens, Greece.<\/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>25-27 February (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.icao.int\/events\/2026-icao-air-law-treaty-workshop-tanzania-third-edition\" style=\"\">Air Law Treaty Workshop Tanzania (Third Edition)<\/a><\/span><span style=\"font-weight:400;\">, Dar es Salaam, Tanzania.<\/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<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>5-6 March (Thursday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iata.org\/en\/events\/all\/cargois-forum\/\" style=\"\">CargoIS Forum<\/a><\/span><span style=\"font-weight:400;\">, Miami, United States.<\/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>9-13 March (Monday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/WCALtd\/posts\/get-ready-the-official-website-for-the-wca-worldwide-conference-2026-is-launchin\/1070064335151993\/\" style=\"\">WCA Worldwide Conference<\/a><\/span><span style=\"font-weight:400;\">, Singapore. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>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 style=\"font-weight:400;\">, Lima, Peru.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>18-19 March (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.intralogistex.co.uk\" style=\"\">IntraLogisteX<\/a><\/span><span style=\"font-weight:400;\">, Birmingham, United Kingdom. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>18-19 March (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/netzerocompare.com\/events\/green-marine-transport-2026\" style=\"\">Green Marine Transport Conference<\/a><\/span><span style=\"font-weight:400;\">, Amsterdam, The Netherlands.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>26 March (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.marinemoney.com\/events-2-0-2\/2026-gulf-ship-finance-forum\" style=\"\">Gulf Ship Finance Forum<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700\">APRIL<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>12-15 April (Sunday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zumizointernational.com\/trade-shows\/saudi-smart-logistics\/\" style=\"\">Saudi Smart Logistics<\/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>16-17 April (Thursday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/conferenziaworld.com\/global-supply-chain-and-logistics-summit\/#:~:text=16th%20%2D%2017th%20April%202026%20\/%20Amsterdam,Logistic%20Summit%20Introduction\" style=\"\">Global Supply Chain and Logistics Summit,<\/a><\/span><span style=\"font-weight:400;\"> Amsterdam, The Netherlands. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">MAY<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>19-21 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iata.org\/en\/events\/all\/iata-ground-handling-conference\/\" style=\"\">Ground Handling Conference (IGHC)<\/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>12-14 May (Tuesday-Thursday):<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iata.org\/en\/events\/all\/iata-aviation-energy-forum\/\" style=\"\">Aviation Energy Forum (AEF)<\/a><\/span><span>, Paris, France.<\/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>Noon snags funding from PIF + other backers | AD Ports wants to hike its Alexandria Container stake<\/p>\n","protected":false},"featured_media":91089,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-91088","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"59c615b5-310c-4a35-8816-3048b2ba6b16","teaser":"Noon snags funding from PIF + other backers | AD Ports wants to hike its Alexandria Container stake","photo_url":"https:\/\/ent.news\/2025\/12\/1317.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>E-commerce giant Noon lands USD 500 mn in funding from backers - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/logistics\/issues\/e-commerce-giant-noon-lands-usd-500-mn-in-funding-from-backers\/\" \/>\n<meta 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