{"id":92750,"date":"2026-01-27T00:00:00","date_gmt":"2026-01-27T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=92750"},"modified":"2026-03-09T12:26:39","modified_gmt":"2026-03-09T12:26:39","slug":"ebrd-backs-egypts-pharma-logistics-with-egp-1-3-bn-financing-to-ibnsina","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/ebrd-backs-egypts-pharma-logistics-with-egp-1-3-bn-financing-to-ibnsina\/","title":{"rendered":"EBRD backs Egypt\u2019s pharma logistics with EGP 1.3 bn financing to Ibnsina"},"content":{"rendered":"<section id=\"92752\" 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=\"92752\">\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\u2019RE TRACKING TODAY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/01\/27\/today-ibnsina-pharmas-logistics-operation-secures-ebrd-backing\/\">\r\n                            TODAY: Ibnsina\u2019s logistics operation secures EBRD backing                        <\/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\/2026\/01\/27\/today-ibnsina-pharmas-logistics-operation-secures-ebrd-backing\/\" 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 picture is complex, with geopolitical disruptions and network optimization courtesy of shipping alliances like Gemini telling a tale of two cities for the industry.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>But first, <\/strong>we take a look at the latest funding round backing an autonomous logistics player abroad\u2026<\/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\">The big logistics story abroad<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Another <\/strong><strong>funding for an autonomous logistics startup <\/strong><strong>is making the rounds.<\/strong> China-based heavy trucking tech startup <a target=\"_blank\" href=\"https:\/\/deepway.com\/en\/about\" style=\"\" rel=\"noopener\">DeepWay Tech<\/a> secured <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-01-26\/chinese-trucking-tech-startup-deepway-raises-172-million-before-hong-kong-ipo\" style=\"\" rel=\"noopener\">USD 173 mn<\/a> in funds ahead of a planned IPO on the Hong Kong stock exchange. The backing came from Singapore-based ABC Capital, as well as China-based Lenovo Capital, Puhua Capital, and battery maker Sunwoda Electronic. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We are keeping tabs on the autonomous logistics sector this year<\/strong>, as more players line up expansion plans through fundraising rounds and IPOs. We know that Swedish autonomous and e-trucking player Einride (USD 1.8 bn valuation) is <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/logistics\/2025\/11\/18\/swedens-e-trucking-player-einride-to-go-public-via-spac\/\" style=\"\" rel=\"noopener\">looking<\/a> at a possible IPO this year, and that the US-based drone delivery startup Zipline (USD 7.6 bn valuation) will expand operations using the <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/logistics\/2026\/01\/22\/today-omans-solar-ambitions-get-a-usd-1-6-bn-manufacturing-boost\/\" style=\"\" rel=\"noopener\">USD 600 mn funds<\/a> it raised last week. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>FROM THE TRUMP LAND- The US <\/strong><strong><a target=\"_blank\" href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/115963633972056786\" style=\"\" rel=\"noopener\">will hike<\/a><\/strong><strong> tariffs on South Korean autos, lumber, and <\/strong><strong>pharma from 15% to 25%<\/strong>, with the US President Donald Trump blaming Seoul\u2019s legislature for not implementing a trade agreement <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/autos-transportation\/south-korea-releases-details-trade-deal-struck-with-us-2025-10-30\/\" style=\"\" rel=\"noopener\">reached last November<\/a>. The move strains Washington\u2019s relationship with a major trade partner, as South Korea <a target=\"_blank\" href=\"https:\/\/www.nbcnews.com\/business\/economy\/trump-says-hiking-tariffs-south-korean-goods-25-rcna256028\" style=\"\" rel=\"noopener\">ranks among the top 10 sources<\/a> of imports to the US, with over USD 150 bn worth of Korean goods heading to the US every year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Watch this space<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt1\"><\/a>  <strong>DISRUPTION WATCH \u2013\u2013<\/strong> <strong>Analysts are on the lookout after the Houthis affirmed their<\/strong><strong> commitment to defend Iran<\/strong> in a statement released amid rising US-Iran tensions following the Pentagon\u2019s announcement that it was deploying naval assets to the region. The Yemeni militant group also issued a <a target=\"_blank\" href=\"https:\/\/x.com\/_MartinKelly_\/status\/2015695832020832436?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E2015695832020832436%7Ctwgr%5Efd49ffeccb36c940b2dddba0477de55687a3e364%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fsafety4sea.com%2Fhouthis-threaten-attacks-on-commercial-shipping-in-new-video%2F\" style=\"\" rel=\"noopener\">video statement (watch, runtime: 00:17)<\/a> showing their attacks on ships in the Red Sea and Gulf of Aden. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN CONTEXT- <\/strong>This comes as shipping companies <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/logistics\/2026\/01\/21\/today-ad-ports-snaps-up-spanish-shipyard-for-eur-11-2-mn\/?repeat=w3tc\" style=\"\" rel=\"noopener\">cautiously test<\/a> a return to the Red Sea, but the French giant CMA CGM recently signaled caution after it said it will reroute vessels on its French-Asia Line 1, French-Asia Line 2, and Mediterranean Club Express back through the Cape of Good Hope.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">^^Dig deeper: We <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/logistics\/2025\/12\/23\/are-shipping-companies-serious-about-a-return-to-the-red-sea-2\/\" style=\"\" rel=\"noopener\">sat down<\/a> with the head marine analyst at EOS Risk Group in December to get his assessment on the Houthis risk profile as shippers were testing their Red Sea return. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong><a id=\"wwtt2\"><\/a> <\/strong><strong>RAIL<\/strong><strong> \u2013\u2013 Syria\u2019s freight rail is back on the map? <\/strong>The rail freight line connecting Lattakia Port to Aleppo city is back online after it <a target=\"_blank\" href=\"https:\/\/sana.sy\/en\/economic\/2292497\/\" style=\"\" rel=\"noopener\">departed<\/a> from the port on Sunday, carrying grain cargo. The trip marks the first run on the corridor after a 15-year suspension. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This<\/strong><strong> only matters if it becomes regular: <\/strong>Syria still suffers from worn infrastructure and a locomotive shortage, so a consistent freight return depends on whether ongoing track work and locomotive rehabilitation translate into reliable service frequency.<\/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>Stargate UAE gets a price tag:<\/strong> Abu Dhabi\u2019s flagship <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2025\/05\/16\/uae-us-ink-usd-200-bn-investment-agreements-in-ai-critical-minerals-and-energy\/\" style=\"\" rel=\"noopener\">5 GW Stargate UAE data center<\/a> will cost USD 30 bn to develop, <a target=\"_blank\" href=\"https:\/\/www.thenationalnews.com\/future\/technology\/2026\/01\/26\/stargate-uae-data-centre-to-cost-more-than-30bn-ai-minister-says\/\" style=\"\" rel=\"noopener\">The National<\/a> cites AI Minister Omar Al Olama. The revised figure is roughly 50% higher than last year\u2019s USD 20 bn estimate, reflecting the scale and cost of sovereign AI infrastructure.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- Stargate is coming sooner: <\/strong>We reported earlier that G42\u2019s buildout is accelerating, with the first <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/01\/21\/this-morning-uae-joins-the-us-board-of-peace-autonomous-vehicle-regulation-is-coming-to-rak\/\" style=\"\" rel=\"noopener\">200 MW<\/a> due online \u201cin the next couple of months,\u201d followed by 200-500 MW per quarter, alongside incoming advanced US chips under security guardrails \u2014 pulling timelines forward from earlier guidance that pointed to <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2025\/12\/08\/this-morning-abu-dhabi-finance-week-kicks-off-after-f1-weekend-wraps-stargate-uae-to-launch-in-3q-2026\/\" style=\"\" rel=\"noopener\">3Q 2026<\/a>.<\/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>AVIATION \u2013\u2013<\/strong> <strong>Air <\/strong><strong>Cairo\u2019s first commercial flight <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.petra.gov.jo\/Include\/InnerPage.jsp?ID=80597&cat=en_news&lang=en&name=en_news\" style=\"\" rel=\"noopener\">touched down<\/a><\/strong><strong> at Amman City <\/strong><strong>Airport on Friday <\/strong>\u2013\u2013 becoming the second known low-cost carrier (LCC) to line up services at the airport and the airport\u2019s first scheduled flight. The Cairo-based LCC is slated to run two flights a week. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In line with Jordan\u2019s strategy for the airport: <\/strong>Airport operator Jordan Airports Company is positioning the airport as a low-cost, short-haul alternative to Queen Alia International Airport, with the aim of handling 1 mn passengers annually. The strategy involves offering cheaper fees to attract budget carriers seeking lower operating costs on domestic and regional feeder routes.<\/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 fell this morning as resumed production in Kazakh fields outweighed <\/strong><strong>weather-driven <\/strong><strong>disruptions in the US production<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/oil-slips-even-us-winter-storm-curbs-crude-output-2026-01-27\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. Brent crude futures were down USD 0.44 to trade at USD 65.15 \/ bbl as of 04:40 GMT, while US West Texas Intermediate (WTI) decreased by USD 0.35 to USD 60.28 \/ bbl. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>From Opec+ land: <\/strong>The oil-producing bloc is set to keep its pause on oil output increases through March at a meeting on Sunday, delegates told <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/opec-likely-maintain-oil-production-pause-march-prices-climb-sources-say-2026-01-26\/\" style=\"\" rel=\"noopener\">Reuters<\/a>. Opec+ froze planned hikes after a rapid unwinding of production cuts through last year \u2014 effectively holding supply flat for 1Q.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The expectation within the group is<\/strong> <strong>that policy stays unchanged, though some members <\/strong><strong>caution that discussions have yet to formally begin<\/strong>, four delegates told <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-01-26\/opec-likely-to-stick-with-supply-pause-in-march-delegates-say?srnd=phx-industries-energy\" style=\"\" rel=\"noopener\">Bloomberg<\/a>. There is no sense so far that this month\u2019s turbulence in Venezuela or Iran requires a response, one source said, while another flagged the caveat \u2014 a serious supply disruption could change the math fast and push Opec+ to open the taps.<\/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>The<\/strong><strong> Baltic Index rises: <\/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\"><\/a><a target=\"_blank\" href=\"https:\/\/tradingeconomics.com\/commodity\/baltic\" style=\"\" rel=\"noopener\">rose 1%<\/a> to 1,780 points on Monday. The capesize gained 1.7% to 2,626 points, while the panamax index remained steady at 1,612. Meanwhile, the smaller supramax index added 9 points to hit 1,035. <\/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\" 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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=\"92755\">\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\/2026\/01\/27\/ebrd-extends-egp-1-3-bn-green-financing-to-ibnsina-pharma\/\">\r\n                            EBRD extends EGP 1.3 bn green financing to Ibnsina Pharma                        <\/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\" 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            <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/01\/27\/ebrd-extends-egp-1-3-bn-green-financing-to-ibnsina-pharma\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/385.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"92756\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2026\/01\/27\/ebrd-extends-egp-1-3-bn-green-financing-to-ibnsina-pharma\/385-jpg-7\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/385.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"385.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/385.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/385.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-92755\" class=\"content-area-description single-story post-92755 post type-post status-publish format-standard has-post-thumbnail hentry category-the-big-story-today tag-debt tag-ebrd tag-enterprise-logistics tag-ibnsina-phrama tag-minapharm 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> The European Bank for Reconstruction and Development (EBRD) has signed<\/strong><strong> an EGP 1.3 bn financing agreement with <\/strong><strong>Ibnsina<\/strong><strong> Pharma<\/strong>, the company said in <a target=\"_blank\" href=\"https:\/\/ent.news\/2026\/1\/976.pdf\" style=\"\" rel=\"noopener\">a disclosure yesterday (pdf)<\/a>. The facility will back a major green logistics expansion by Ibnsina \u2014 Egypt\u2019s largest pharma distributor \u2014 and reinforce the growing role of development finance in sustaining capex as elevated local borrowing costs persist.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Under the agreement, the EBRD will fund:<\/strong><\/p>\n<ul>\n<li>Construction of a new warehouse targeting at least an EDGE standard certification;<\/li>\n<li>Green capex upgrades, supported by EBRD technical advisory services, including energy audits and resource-efficiency enhancements;<\/li>\n<li>Long-term working capital, supporting scale-up across Ibnsina\u2019s distribution network.<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Once completed, <\/strong><strong>the warehouse i<\/strong><strong>s expected to reduce annual CO2 emissions by 207 tons<\/strong>, alongside material water savings \u2014 a key condition for unlocking this tranche of climate-linked financing.<\/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\">From equity to debt<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The transaction comes one year after the EBRD fully exited <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/05\/ebrd-exits-ibnsina-pharma\/\" style=\"\" rel=\"noopener\">its equity stake in<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/05\/ebrd-exits-ibnsina-pharma\/\" style=\"\" rel=\"noopener\">Ibnsina<\/a><\/strong><strong>.<\/strong> Having supported the EGX-listed company\u2019s growth as a shareholder since 2015, the bank is now backing Ibnsina\u2019s next phase through project-linked debt rather than ownership.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The loan offers <\/strong><strong>Ibnsina<\/strong><strong> favorable repayment terms<\/strong>, and \u201cthe long-standing relationship with the EBRD made the due-diligence process swift,\u201d Mohamed Shawky, Ibnsina\u2019s head of investor relations, told EnterpriseAM. \u201cWe view this facility as an international quality seal. Passing the EBRD\u2019s rigorous due diligence validates our governance, transparency, and operational standards to our stakeholders,\u201d Mohsen Mahgoub, Ibnsina Pharma\u2019s managing director, noted in the statement. <\/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>The EBRD\u2019s intervention provides long-tenor, EGP-denominated liquidity <\/strong>that allows Ibnsina to continue scaling without compromising balance-sheet stability or delaying capex. Development finance is stepping in to prevent an infrastructure slowdown in a sector where logistics capacity is tightly linked to meds availability and pricing efficiency.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>For <\/strong><strong>Ibnsina<\/strong><strong>, the new warehouse will be part of a network optimization and expansion <\/strong><strong>plan <\/strong>that includes up to 12 new warehouses, aimed at boosting capacity in response to rising volumes and a more diversified revenue base.<\/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\">The broader picture<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The EBRD is also set to extend fresh financing to the manufacturing side of the pharma <\/strong><strong>sector: <\/strong>Minapharm secured board approval earlier this month for a EUR 13.25 mn EBRD facility, denominated and repayable in EGP, the company <a target=\"_blank\" href=\"https:\/\/ent.news\/2026\/1\/977.pdf\" style=\"\" rel=\"noopener\">disclosed last week (pdf)<\/a>. Minapharm will use the loan primarily to refinance existing short- and medium-term debt, while also supporting capex tied to a new production facility and the development of a vocational training academy, underscoring how development finance is being deployed across the pharma value chain.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt remains one of the largest pharma markets in MENA<\/strong>, driven by population growth and structurally rising healthcare demand. Distribution infrastructure is a critical bottleneck that cannot afford underinvestment. By channeling green, local-currency financing into logistics-heavy operators like Ibnsina, the EBRD effectively acts as a capex backstop to ensure that expansion plans remain intact despite tight domestic credit conditions.<\/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\/debt\/\">Debt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/ebrd\/\">EBRD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/ibnsina-phrama\/\">Ibnsina Phrama<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            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               story-section            \"\r\n            id=\"92758\">\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\">Macro Picture<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/01\/27\/global-shipping-reliability-was-up-13-3-y-o-y-in-2025-despite-a-tough-year-for-the-region\/\">\r\n                            Global shipping reliability was up 13.3% y-o-y in 2025, despite a tough year for the region                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu 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       <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/logistics\/2026\/01\/27\/global-shipping-reliability-was-up-13-3-y-o-y-in-2025-despite-a-tough-year-for-the-region\/&title=Global shipping reliability was up 13.3% y-o-y in 2025, despite a tough year for the region\">\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=Global+shipping+reliability+was+up+13.3%25+y-o-y+in+2025%2C+despite+a+tough+year+for+the+region+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2026%2F01%2F27%2Fglobal-shipping-reliability-was-up-13-3-y-o-y-in-2025-despite-a-tough-year-for-the-region%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\/2026\/01\/27\/global-shipping-reliability-was-up-13-3-y-o-y-in-2025-despite-a-tough-year-for-the-region\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/1598.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"92759\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2026\/01\/27\/global-shipping-reliability-was-up-13-3-y-o-y-in-2025-despite-a-tough-year-for-the-region\/1598-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/1598.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1598.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/1598.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/1598.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-92758\" class=\"content-area-description single-story post-92758 post type-post status-publish format-standard has-post-thumbnail hentry category-macro-picture tag-enterprise-logistics tag-macro-picture tag-shipping-maritime 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> <\/strong><strong>The <\/strong><strong>Middle East ranked at the bottom of Xeneta\u2019s <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.xeneta.com\/blog\/xeneta-schedule-reliability-scorecard-2025-year-in-review-trades?utm_content=365899679&utm_medium=social&utm_source=linkedin&hss_channel=lcp-2685866\" style=\"\" rel=\"noopener\">global<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.xeneta.com\/blog\/xeneta-schedule-reliability-scorecard-2025-year-in-review-trades?utm_content=365899679&utm_medium=social&utm_source=linkedin&hss_channel=lcp-2685866\" style=\"\" rel=\"noopener\">shipping<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.xeneta.com\/blog\/xeneta-schedule-reliability-scorecard-2025-year-in-review-trades?utm_content=365899679&utm_medium=social&utm_source=linkedin&hss_channel=lcp-2685866\" style=\"\" rel=\"noopener\">schedule reliability<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.xeneta.com\/blog\/xeneta-schedule-reliability-scorecard-2025-year-in-review-trades?utm_content=365899679&utm_medium=social&utm_source=linkedin&hss_channel=lcp-2685866\" style=\"\" rel=\"noopener\">ranking<\/a><\/strong><strong> in 2025<\/strong>, bearing the brunt of ongoing divisions in the Red Sea. The region ended the year with the poorest on-time performance, with a mere 28% on-time arrival rate, shedding some 11% over the course of the year. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Europe-Asia lane was also among the hardest hit by Red Sea disruptions<\/strong>, shedding some 22% of its on-time arrival rate over the year to score 29%. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>On a global level<\/strong>, <strong>the picture becomes more complex. <\/strong>Network optimization moves by shippers are driving reliability gains in some shipping lanes, while persistent geopolitical disruptions are hurting other areas. On average, global on-time arrivals <a target=\"_blank\" href=\"https:\/\/www.xeneta.com\/news\/xeneta-schedule-reliability-scorecard-2025-year-in-review-global?utm_content=364884610&utm_medium=social&utm_source=linkedin&hss_channel=lcp-2685866\" style=\"\" rel=\"noopener\">climbed<\/a> 13.3% y-o-y to 34%, up from 30% in 2024. US-bound lanes topped the rankings and saw an overall improvement in on-time arrivals, in large part driven by operational efficiency from the Maersk and Hapag-Lloyd shipping alliance, the Gemini Cooperation. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>METHODOLOGY- <\/strong>The report is based on comprehensive coverage of vessel arrivals across all global trades. It tracks specific movements on a weekly, monthly, and quarterly basis to identify patterns. The methodology taps into three primary metrics to define reliability: on-time arrivals, average days delayed, and canceled sailings. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why it matters:<\/strong> The data suggest that even when there are minor improvements in delay times, it may not be enough to move the needle on overall reliability. While Middle East delays improved slightly \u2014 falling by 0.5 days \u2014 the lane remained at the bottom of the global pack, highlighting that geographical proximity to disruptions outweighs gains from carrier efficiency.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next?<\/strong> The focus for 2026 shifts to whether the industry can move toward the 44% reliability levels seen in 2023 or will slide back toward the 25% seen during the pandemic year of 2022. With only a trickle of the usual Suez Canal transits currently scheduled and <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/logistics\/2026\/01\/21\/today-ad-ports-snaps-up-spanish-shipyard-for-eur-11-2-mn\/\" style=\"\" rel=\"noopener\">carriers<\/a><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/logistics\/2026\/01\/21\/today-ad-ports-snaps-up-spanish-shipyard-for-eur-11-2-mn\/\" style=\"\" rel=\"noopener\">rethinking<\/a><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/logistics\/2026\/01\/21\/today-ad-ports-snaps-up-spanish-shipyard-for-eur-11-2-mn\/\" style=\"\" rel=\"noopener\">their decision to return<\/a>, a measurable recovery in Middle East reliability is far from certain. Success in the coming year will depend on which carriers can maintain consistency despite major uncertainties, ranging from tariff wars to the fragility of regional ceasefires.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/macro-picture\/\">MACRO PICTURE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/shipping-maritime\/\">SHIPPING + MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"92760 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"92760\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/01\/27\/92760\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-92760\" class=\"content-area-description single-story post-92760 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/transmar.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2700.jpg?ssl=1\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"92761\" 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=\"92761\">\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\">Earnings Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/01\/27\/alexandria-container-and-cargo-handling-records-dip-in-earnings-in-fy-2025-26\/\">\r\n                            Alexandria Container and Cargo Handling posts FY 2025\/26 results                        <\/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\/2026\/01\/27\/alexandria-container-and-cargo-handling-records-dip-in-earnings-in-fy-2025-26\/\" 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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Revenues for the six-month period dipped 4% y-o-y to EGP 3.8 bn, while gross income saw a 6% y-o-y decline to EGP 2.88 bn. Despite the lower financial figures, actual container throughput saw a 5% y-o-y increase during the period.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The company attributed the top- and bottom-line declines to a reduction in storage <\/strong><strong>revenues.<\/strong> While handling volumes grew, the drop in storage-related income \u2014 often a higher-margin service \u2014 weighed on overall profitability.<\/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\/cargo\/\">CARGO<\/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\/egypt\/\">Egypt<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"92763 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=\"92763\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/01\/27\/92763\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-92763\" class=\"content-area-description single-story post-92763 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=\"92764\" 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=\"92764\">\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\/2026\/01\/27\/dae-to-shell-out-two-boeing-jets-to-somon-air-asyad-to-locally-build-lng-tugboat\/\">\r\n                            DAE to shell out two Boeing jets to Somon Air                        <\/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\/2026\/01\/27\/dae-to-shell-out-two-boeing-jets-to-somon-air-asyad-to-locally-build-lng-tugboat\/\" 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 value of the agreement was not disclosed. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Hello, Central Asia? <\/strong>Until now, DAE hadn\u2019t signed agreements with Central Asian airlines \u2014 largely dominated by Western giants and Chinese lessors \u2014 marking a new market entry. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DATA POINT-<\/strong> Currently, DAE owns, manages, and has orders for a total of 237 Boeing planes, with a wider fleet of 750 aircraft valued at USD 23 bn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Oman tests local shipbuilding with LNG <strong>tugboat<\/strong> build<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Asyad Drydock to build Oman\u2019s first locally made tugboat:<\/strong> Asyad Drydock \u2014 a subsidiary of Asyad Group \u2014 has <a target=\"_blank\" href=\"https:\/\/asyad.om\/who-we-are\/media-center\/news\/2026\/01\/25\/a-strategic-partnership-between-oman-lng-and-asyad-drydock\" style=\"\" rel=\"noopener\">inked<\/a> a strategic agreement with global maritime services firm Svitzer to construct Oman\u2019s first domestically manufactured tugboat for Oman LNG. The project marks a step up from providing services to actually building a critical marine asset in-country \u2013\u2013 with 50% local components targeted by Asyad.<\/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\">Lucid pushes for EV supply chain localization in Saudi<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>PIF-backed Lucid is taking its Saudi localization strategy a step further, extending plans <\/strong><strong>beyond vehicle assembly to include sourcing rare-earth magnets from Saudi suppliers<\/strong>, CEO Marc Winterhoff told <a target=\"_blank\" href=\"https:\/\/www.semafor.com\/article\/01\/23\/2026\/lucid-to-cut-back-on-chinese-supply-chain\" style=\"\" rel=\"noopener\">Semafor<\/a> on Friday. The EV maker is looking to source output from a rare earths processing plant <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/ksa\/2025\/05\/15\/aramco-inks-a-flurry-of-agreements-potentially-valued-at-usd-90-bn-plus-maaden-mp-materials-to-drive-rare-earth-industrialization\/\" style=\"\" rel=\"noopener\">planned<\/a> by Ma\u2019aden in partnership with the US-based PM Materials, Winterhoff said. The move would anchor the entire EV supply chain within the Kingdom.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Global dynamics are at play:<\/strong> Turning to Saudi suppliers would effectively cut China out of Lucid\u2019s supply chain as early as this year, after the world\u2019s largest supplier of rare earths imposed export restrictions last year amid escalating trade tensions with the US. \u201cWe are well underway to move completely away from China in 2026,\u201d Winterhoff added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>BACKGROUND-<\/strong> Lucid expects its first Saudi-made vehicle to roll off the line before the end of the year at its factory in King Abdullah Economic City, where construction wrapped up <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/ksa\/2025\/12\/11\/saudi-national-fund-plans-to-tap-international-debt-markets-within-18-24-months\/\" style=\"\" rel=\"noopener\">in December<\/a>. The plant will have an annual capacity of 150k units, mostly for export, and will later expand production to include existing models, such as Air and Gravity.<\/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\">UAE\u2019s Lithium lock-in<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE has stepped into the global EV supply chain. <\/strong>Abu Dhabi-based manufacturer Titan Lithium Industries signed a multi-year supply framework agreement worth over USD 300 mn with Mercedes-Benz to deliver battery-grade lithium for the carmaker\u2019s global EV portfolio, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bycu8ha-mercedes-benz-ag-titan-lithium-sign-long-term\" style=\"\" rel=\"noopener\">Wam<\/a> reports. Commercial supply is set to begin in 2028.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why it matters: <\/strong>The agreement positions the UAE securely in the downstream section of critical minerals production, as it looks to boost localization efforts and establish itself as a player in the various steps of the supply chain<\/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\/dubai-aerospace-enterprise\/\">Dubai Aerospace Enterprise<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"92766\" 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\/2026\/01\/27\/92766\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-92766\" class=\"content-area-description single-story post-92766 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;\">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;\">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>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<\/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 style=\"font-weight:400;\">, 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>Ibnsina\ud83e\udd1dEBRD | What happened to global shipping lines last year? | Houthis float return of Red Sea attacks<\/p>\n","protected":false},"featured_media":92751,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-92750","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"8972f8f1-fb4e-43e1-aa54-81ab48ebd90f","teaser":"Ibnsina\ud83e\udd1dEBRD | What happened to global shipping lines last year? | Houthis float return of Red Sea attacks","photo_url":"https:\/\/ent.news\/2024\/4\/477.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>EBRD backs Egypt\u2019s pharma logistics with EGP 1.3 bn financing to Ibnsina - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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