{"id":96855,"date":"2026-06-11T00:00:00","date_gmt":"2026-06-11T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=96855"},"modified":"2026-06-11T05:44:45","modified_gmt":"2026-06-11T05:44:45","slug":"chasing-warehouse-space","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/chasing-warehouse-space\/","title":{"rendered":"Chasing warehouse space"},"content":{"rendered":"<section id=\"96858\" 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=\"96858\">\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\/06\/11\/today-octo-gfh-eye-warehouses-cold-storage-assets\/\">\r\n                            TODAY: Octo + GFH eye warehouses, cold storage assets                        <\/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\/06\/11\/today-octo-gfh-eye-warehouses-cold-storage-assets\/\" 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\/2026\/06\/11\/today-octo-gfh-eye-warehouses-cold-storage-assets\/')\">\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\/2026\/06\/11\/today-octo-gfh-eye-warehouses-cold-storage-assets\/\">\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=TODAY: Octo + GFH eye warehouses, cold storage assets&url=https:\/\/enterpriseam.com\/logistics\/2026\/06\/11\/today-octo-gfh-eye-warehouses-cold-storage-assets\/\">\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\/2026\/06\/11\/today-octo-gfh-eye-warehouses-cold-storage-assets\/&title=TODAY: Octo + GFH eye warehouses, cold storage assets\">\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=TODAY%3A+Octo+%2B+GFH+eye+warehouses%2C+cold+storage+assets+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2026%2F06%2F11%2Ftoday-octo-gfh-eye-warehouses-cold-storage-assets%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\/06\/11\/today-octo-gfh-eye-warehouses-cold-storage-assets\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/96859.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"96859\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2026\/06\/11\/today-octo-gfh-eye-warehouses-cold-storage-assets\/2760-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/internal\/96859.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2760\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/internal\/96859.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/internal\/96859.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-96858\" class=\"content-area-description single-story post-96858 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today-2 tag-kuwait tag-saudi-arabia tag-trade tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Good morning, friends.<\/strong> We&rsquo;re wrapping up the week with a brisk read focused on the Gulf&rsquo;s logistics buildout, led by a fresh USD 300 mn wager on warehouses and distribution centers by Octo and GFH as well as a SAR 3.2 bn pipeline of new ports, rail, and logistics projects in Saudi Arabia&rsquo;s Eastern Province.<\/p>\n<p><strong>There&rsquo;s one logistics story overshadowing all the others this morning.<\/strong> Conflicting reports from Iran and the US have left the status of Hormuz unclear, with Tehran saying the waterway has been closed to shipping and Washington maintaining that commercial traffic continues to transit the strait.<\/p>\n<p><strong>Markets are reacting accordingly:<\/strong> Oil jumped on the news, with Brent crude rising over 2% to USD 95.14. Asian markets opened lower &mdash; extending losses initially triggered by a tech selloff &mdash; and in the US, equities are on track to open in the red with futures down in response to the attacks.<\/p>\n<p class=\"tag-border-left\">Yanbu keeps Europe flying<\/p>\n<p><a id=\"wwtt1\"><\/a><strong>Saudi Arabia&rsquo;s jet fuel exports to Europe are on track to surpass pre-war levels<\/strong>, with exports from Yanbu to the EU and UK hitting 118k bb \/ d in the first week of June, quantities not seen since mid-2025, according to Kpler and Vortexa data cited by <a href=\"https:\/\/www.reuters.com\/business\/energy\/saudi-jet-fuel-supply-europe-higher-than-before-hormuz-closure-data-shows-2026-06-09\/\" target=\"_blank\">Reuters<\/a>. Our monthly high this year was the 77k bb \/ d seen in January.<\/p>\n<p><strong>The workaround is simple:<\/strong> Before the closure, the Middle East was Europe&rsquo;s main jet fuel supplier, sending around 300k bbl \/ d through Hormuz out of the continent&rsquo;s total 550k bbl \/ d imports. With the waterway largely blocked, Saudi Arabia is leaning harder on Yanbu, turning the Red Sea port into a critical pressure-release valve for Europe&rsquo;s aviation fuel supply chain.<\/p>\n<p><strong>Europe is filling the rest of the gap elsewhere:<\/strong> The Saudi flows are landing alongside <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/04\/22\/can-europe-keep-flying-smoothly-if-gulf-jet-flows-stay-strained\/\" target=\"_blank\">higher imports<\/a> from the US and Nigeria, which <a href=\"https:\/\/www.reuters.com\/business\/energy\/saudi-jet-fuel-supply-europe-higher-than-before-hormuz-closure-data-shows-2026-06-09\/\" target=\"_blank\">averaged<\/a> around 200k bbl \/ d in May. That is why Europe has so far avoided a visible jet fuel shortage, even as fuel prices remain the <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/06\/10\/strong-demand-cant-protect-airlines-from-rising-fuel-costs\/\" target=\"_blank\">bigger pain point<\/a> for global carriers&rsquo; bills.<\/p>\n<p class=\"tag-border-left\">Kuwait looks back at the game<\/p>\n<p><a id=\"wwtt2\"><\/a><strong>Kuwait is offering spot crude cargoes to Asian refiners for the first time since the disruptions began.<\/strong> At least 4 mn barrels of medium-sour Kuwait Export Crude are being marketed to refiners in China and South Korea, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-06-09\/kuwait-offers-oil-to-asian-buyers-for-first-time-since-war-began?srnd=phx-industries-energy\" target=\"_blank\">Bloomberg<\/a> reports, citing traders familiar with the matter. The barrels are being offered directly by Kuwait Petroleum Corporation rather than through intermediaries, with the cargoes already positioned outside Hormuz and available for prompt delivery into Asia.<\/p>\n<p><strong>The move points to a small but notable increase in tanker activity around Kuwait's export system.<\/strong> The VLCCs Al Riqqa and Dar Salwa were last tracked loading at Mina Al Ahmadi in late May and early June before their AIS signals stopped transmitting, according to Bloomberg vessel-tracking data. Their current locations remain unknown, but the timing suggests Kuwait may be building a buffer of export barrels beyond the strait to preserve access to Asian buyers.<\/p>\n<p><strong>On a long-term fix:<\/strong> Kuwait Petroleum is in discussions with Saudi Arabia and the UAE about expanding their existing pipeline systems to accommodate Kuwaiti crude exports, CEO Sheikh Nawaf Al Sabah <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-06-09\/kuwait-oil-chief-seeks-pipeline-alternatives-to-skirt-hormuz?srnd=phx-industries-energy\" target=\"_blank\">said<\/a>. No timeline was provided, and the stage of the discussions remains unclear.<\/p>\n<p class=\"tag-border-left\">Market watch<\/p>\n<p><strong>Oil prices climbed this morning after Tehran announced the closure of Hormuz and Washington threatened further strikes<\/strong>, <a href=\"https:\/\/www.reuters.com\/business\/energy\/oil-rises-2-iran-announces-closure-strait-hormuz-following-us-strikes-2026-06-11\/\" target=\"_blank\">Reuters<\/a> reports. Brent crude futures increased USD 1.48 to trade at USD 94.58 \/ bbl by 02.43 GMT, while US West Texas Intermediate (WTI) gained USD 1.71 to USD 91.74 \/ bbl.<\/p>\n<hr class=\"insert-line\">\n<p><strong>The Baltic Index continues to slide:<\/strong> The Baltic Exchange&rsquo;s dry bulk index &mdash; which tracks rates for the capesize, panamax, and supramax vessel segments &mdash; <a href=\"https:\/\/tradingeconomics.com\/commodity\/baltic\" target=\"_blank\">was down 1.7%<\/a> to 2,771 points on Wednesday. The capesize index slipped 3.2% to 4,301 points, while the panamax index was up 0.3% to 2,211 points. The smaller supramax index was up 0.3% to 1,618 points.<\/p>\n<p class=\"tag-border-left\">PSA<\/p>\n<p><strong>Maersk adds heavy-load surcharge:<\/strong> Danish shipping firm Maersk will <a href=\"https:\/\/www.maersk.com\/news\/articles\/2026\/06\/08\/maersk-heavy-load-surcharge-north-america-24t\" target=\"_blank\">apply<\/a> a USD 500 heavy-load surcharge to 20-ft dry and tank containers moving from North India, Pakistan, and the Middle East to North America, effective 9 July. The fee will apply to boxes with a verified gross mass (VGM) above 24 metric tons, with VGM including the cargo, packing and securing materials, and container tare weight. The charges apply to all Ocean products except SPOT and Maersk Go.<\/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<\/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\" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>  <\/p>\n<\/div>\n<\/div>\n<\/div>\n<p><strong>***<\/strong> <strong>YOU&rsquo;RE READING EnterpriseAM Logistics, the essential MENA publication for senior execs who care about the industry that connects producers and retailers to global markets.<\/strong> We&rsquo;re out Monday through Thursday by 10:15am in Cairo and Riyadh, and 11:15am in the UAE.<\/p>\n<p><strong>EnterpriseAM Logistics is available without charge<\/strong> thanks to the generous support of our friends at Hassan Allam Utilities and Transmar.<\/p>\n<p><strong>Were you forwarded this email?<\/strong> <a href=\"https:\/\/enterprise.news\/logistics\/en\/user\/news-letters\" target=\"_blank\">Tap or click here<\/a> to get your own copy of EnterpriseAM Logistics.<\/p>\n<p><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 href=\"mailto:logistics@enterprisemea.com\" target=\"_blank\">logistics@enterprisemea.com<\/a>.<\/p>\n<p><strong>DID YOU KNOW<\/strong> that we also cover <a href=\"https:\/\/enterprise.news\/egypt\/en\" target=\"_blank\">Egypt<\/a>, <a href=\"https:\/\/enterprise.news\/ksa\/en\" target=\"_blank\">Saudi Arabia<\/a>, and <a href=\"https:\/\/enterprise.news\/uae\/en\" target=\"_blank\">the UAE<\/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\/kuwait\/\">Kuwait<\/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\/what-were-tracking-today\/\">WHAT WE\u2019RE TRACKING TODAY<\/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=\"96860\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n                <span 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target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/29590.png?fit=300%2C300&#038;ssl=1\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Your regional partner<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-ufl06s4\" data-v=\"4\" data-block-id=\"ufl06s4\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-ufl06s4-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-ufl06s4-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/29641.png?ssl=1\">\r\n                <div 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\r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"96861\" 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=\"96861\">\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\/06\/11\/octo-gfh-to-develop-a-usd-300-mn-warehousing-project-in-uae-saudi-arabia\/\">\r\n                            Octo, GFH to develop a USD 300 mn warehousing project in UAE + Saudi Arabia                        <\/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\/06\/11\/octo-gfh-to-develop-a-usd-300-mn-warehousing-project-in-uae-saudi-arabia\/\" 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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Arabia&url=https:\/\/enterpriseam.com\/logistics\/2026\/06\/11\/octo-gfh-to-develop-a-usd-300-mn-warehousing-project-in-uae-saudi-arabia\/\">\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\/2026\/06\/11\/octo-gfh-to-develop-a-usd-300-mn-warehousing-project-in-uae-saudi-arabia\/&title=Octo, GFH to develop a USD 300 mn warehousing project in UAE + Saudi Arabia\">\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=Octo%2C+GFH+to+develop+a+USD+300+mn+warehousing+project+in+UAE+%2B+Saudi+Arabia+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2026%2F06%2F11%2Focto-gfh-to-develop-a-usd-300-mn-warehousing-project-in-uae-saudi-arabia%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\/06\/11\/octo-gfh-to-develop-a-usd-300-mn-warehousing-project-in-uae-saudi-arabia\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/96862.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"96862\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2026\/06\/11\/octo-gfh-to-develop-a-usd-300-mn-warehousing-project-in-uae-saudi-arabia\/603-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/internal\/96862.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"603\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/internal\/96862.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/internal\/96862.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-96861\" class=\"content-area-description single-story post-96861 post type-post status-publish format-standard has-post-thumbnail hentry category-the-big-story-today tag-gfh tag-investment-watch tag-saudi-arabia tag-saudi-uae-relations tag-the-big-story-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The warehouse trade rolls on:<\/strong> UAE alternative investment manager Octo Management Consultancies partnered with Bahraini investment manager GFH to develop a USD 300 mn logistics and industrial real estate platform targeting development prospects across the UAE and Saudi Arabia, according to a <a href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/gfh-signs-mou-with-octo-management-to-develop-300mln-logistics-and-industrial-platform-across-saudi-arabia-and-the-uae-ix744tqt\" target=\"_blank\">statement<\/a>.<\/p>\n<p><strong>What the platform will target:<\/strong> The platform, for which GFH will serve as investment manager and development partner, will focus on large-format warehousing, multi-let industrial assets, cold storage facilities, and distribution centers. The venture will pursue a mix of build-to-suit and speculative developments &mdash; primarily targeting assets at the development stage.<\/p>\n<p><strong>Why it matters:<\/strong> The platform lands at a moment when demand for logistics space across the UAE is structurally outpacing supply. Warehouse occupancy rates in Dubai have exceeded 97%, with rents rising 33% y-o-y &mdash; underscoring how acute the supply-demand imbalance has become.<\/p>\n<p><strong>The logistics partnership is one of several to crop up as of late<\/strong>, signaling that investors believe the structural drivers behind those numbers &mdash; e-commerce growth, supply chain localization, manufacturing expansion, and major infrastructure investment &mdash; have considerably further to run across both the UAE and Saudi Arabia. Back in January, GFH established a UAE-focused logistics platform in partnership with Asian investment manager Gaw Capital. Meanwhile, Abu Dhabi asset manager Lunate <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/10\/07\/lunate-blackstone-set-up-gcc-focused-usd-5-bn-logistics-platform\/\" target=\"_blank\">formed<\/a> a strategic partnership with alternative asset manager Blackstone late last year to develop a USD 5 bn portfolio of Grade A logistics assets across the GCC.<\/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\/gfh\/\">GFH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/investment-watch\/\">INVESTMENT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-uae-relations\/\">Saudi-UAE relations<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"96863\" 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=\"96863\">\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\">Projects<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/06\/11\/saudi-is-building-out-the-eastern-province-as-a-logistics-hub\/\">\r\n                            Saudi is building out the Eastern Province as a logistics hub                        <\/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\/06\/11\/saudi-is-building-out-the-eastern-province-as-a-logistics-hub\/\" 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\/2026\/06\/11\/saudi-is-building-out-the-eastern-province-as-a-logistics-hub\/')\">\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\/2026\/06\/11\/saudi-is-building-out-the-eastern-province-as-a-logistics-hub\/\">\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=Saudi is building out the Eastern Province as a logistics hub&url=https:\/\/enterpriseam.com\/logistics\/2026\/06\/11\/saudi-is-building-out-the-eastern-province-as-a-logistics-hub\/\">\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\/2026\/06\/11\/saudi-is-building-out-the-eastern-province-as-a-logistics-hub\/&title=Saudi is building out the Eastern Province as a logistics hub\">\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=Saudi+is+building+out+the+Eastern+Province+as+a+logistics+hub+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2026%2F06%2F11%2Fsaudi-is-building-out-the-eastern-province-as-a-logistics-hub%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\/06\/11\/saudi-is-building-out-the-eastern-province-as-a-logistics-hub\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/96864.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"96864\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2026\/06\/11\/saudi-is-building-out-the-eastern-province-as-a-logistics-hub\/609-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/internal\/96864.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"609\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/internal\/96864.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/internal\/96864.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-96863\" class=\"content-area-description single-story post-96863 post type-post status-publish format-standard has-post-thumbnail hentry category-projects tag-projects tag-rail tag-saudi-arabia wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>An investment wave hits the Eastern Province:<\/strong> Developers are committing more than <a href=\"https:\/\/x.com\/MawaniKSA\/status\/2064284894381920396?s=20\" target=\"_blank\">SAR 3.2 bn<\/a> to new ports, logistics, and rail projects in the Eastern Province.<\/p>\n<p class=\"tag-border-left\">Bigger berths, bigger ambitions<\/p>\n<p><strong>SGP takes over Jubail container terminal:<\/strong> The largest ticket saw Saudi Global Ports Group (SGP) <a href=\"https:\/\/x.com\/MawaniKSA\/status\/2064015992406110640\/photo\/1\" target=\"_blank\">secure a contract<\/a> from Mawani to operate the container terminal at Jubail commercial port, backed by more than SAR 2 bn in private sector investment. The project will raise the terminal&rsquo;s annual capacity to 2.4 mn TEUs through a series of upgrades, including extending the berth length to 1.4 km, deepening the berth to 18 meters, and expanding the fleet of ship-to-shore and rubber-tyred gantry cranes to 39 units.<\/p>\n<p class=\"tag-border-left\">Building the land-side network<\/p>\n<p><strong>New truck services hub for Dammam port:<\/strong> At King Abdulaziz Port in Dammam, Mawani <a href=\"https:\/\/x.com\/MawaniKSA\/status\/2064101639938531519\/photo\/1\" target=\"_blank\">signed an agreement<\/a> with Q Saudi to develop an integrated truck services center with SAR 180 mn in investment. The 97.7k sqm facility will include truck staging and waiting areas, driver rest facilities, and commercial services aimed at improving traffic flow and reducing waiting times.<\/p>\n<p><strong>Agility to expand Dammam logistics footprint:<\/strong> Mawani also partnered with Agility Logistics Parks to develop an integrated logistics zone covering nearly 400k sqm at King Abdulaziz Port, it said on <a href=\"https:\/\/x.com\/MawaniKSA\/status\/2064029197811568798\/photo\/1\" target=\"_blank\">X<\/a>.<\/p>\n<p><strong>Two new logistics centers come online:<\/strong> King Abdulaziz Port also saw the launch of two new logistics centers worth a combined SAR 70 mn. Aldrees <a href=\"https:\/\/x.com\/MawaniKSA\/status\/2064264288139723150\/photo\/1\" target=\"_blank\">opened<\/a> a SAR 40 mn, 14.6k sqm facility, while United Electronics Company (eXtra) <a href=\"https:\/\/x.com\/MawaniKSA\/status\/2064271278790299892?s=20\" target=\"_blank\">launched<\/a> a SAR 30 mn logistics center spanning more than 32k sqm. eXtra said the facility will increase its handling capacity by 30% and improve cargo flows through the port.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/projects\/\">PROJECTS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/rail\/\">RAIL<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"96865 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"96865\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/06\/11\/96865\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-96865\" class=\"content-area-description single-story post-96865 post type-post status-publish format-standard hentry category-uncategorized wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a href=\"https:\/\/yanmuparks.com\/\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/425.jpg?ssl=1\" class=\"inline-image\" alt=\"Inline Image\"><\/a><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"96866\" 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=\"96866\">\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\">Purchasing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/06\/11\/saudis-non-oil-sector-gathers-pace-in-may-on-domestic-demand-supply-resilience\/\">\r\n                            Saudi\u2019s non-oil sector gathers pace in May on domestic demand, supply resilience                        <\/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\/06\/11\/saudis-non-oil-sector-gathers-pace-in-may-on-domestic-demand-supply-resilience\/\" 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\/2026\/06\/11\/saudis-non-oil-sector-gathers-pace-in-may-on-domestic-demand-supply-resilience\/')\">\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\/2026\/06\/11\/saudis-non-oil-sector-gathers-pace-in-may-on-domestic-demand-supply-resilience\/\">\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=Saudi\u2019s non-oil sector gathers pace in May on domestic demand, supply resilience&url=https:\/\/enterpriseam.com\/logistics\/2026\/06\/11\/saudis-non-oil-sector-gathers-pace-in-may-on-domestic-demand-supply-resilience\/\">\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\/2026\/06\/11\/saudis-non-oil-sector-gathers-pace-in-may-on-domestic-demand-supply-resilience\/&title=Saudi\u2019s non-oil sector gathers pace in May on domestic demand, supply resilience\">\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=Saudi%E2%80%99s+non-oil+sector+gathers+pace+in+May+on+domestic+demand%2C+supply+resilience+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2026%2F06%2F11%2Fsaudis-non-oil-sector-gathers-pace-in-may-on-domestic-demand-supply-resilience%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\/06\/11\/saudis-non-oil-sector-gathers-pace-in-may-on-domestic-demand-supply-resilience\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/96867.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"96867\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2026\/06\/11\/saudis-non-oil-sector-gathers-pace-in-may-on-domestic-demand-supply-resilience\/cargoterminalfortransshipmentofgraincontainersandothercargoes-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/internal\/96867.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"Cargo,Terminal,For,Transshipment,Of,Grain,,Containers,And,Other,Cargoes.\" data-image-description=\"&lt;p&gt;Cargo terminal for transshipment of grain, containers and other cargoes. Jeddah Port, Saudi Arabia. December,2018.&lt;\/p&gt;\n\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/internal\/96867.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/internal\/96867.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-96866\" class=\"content-area-description single-story post-96866 post type-post status-publish format-standard has-post-thumbnail hentry category-purchasing tag-pmi tag-purchasing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Saudi Arabia&rsquo;s non-oil private sector gathered further momentum in May<\/strong>, with the Kingdom&rsquo;s Purchasing Managers&rsquo; Index (PMI) climbing to 52.8, up from <a href=\"https:\/\/enterpriseam.com\/ksa\/2026\/05\/06\/non-oil-sector-bounces-back-on-local-orders-and-ceasefire-boost\/\" target=\"_blank\">April&rsquo;s<\/a> 51.5, according to the <a href=\"https:\/\/ent.news\/2026\/6\/273.pdf\" target=\"_blank\">Riyad Bank Saudi Arabia latest report (pdf)<\/a>. The jump signals a steady recovery since March&rsquo;s slump following the eruption of the US-Iran war. While the reading sits comfortably above the neutral 50.0 threshold, fueled by reviving local demand and stabilizing supply networks, export hurdles and high costs kept the index below its long-term historical average of 56.8.<\/p>\n<p><strong>A modest demand growth still drove higher output and new orders:<\/strong> As business conditions normalized, companies dusted off delayed contracts and restarted frozen projects, pushing output levels to a three-month high, according to Riyad Bank&rsquo;s Chief Economist Naif Al Ghaith. New orders also rode the same wave, rising to 52.0 in May, compared to April's 51.5 reading, but they remain below their long-run average, <a href=\"https:\/\/www.reuters.com\/world\/middle-east\/saudi-non-oil-private-sector-activity-hits-three-month-high-may-pmi-shows-2026-06-03\/\" target=\"_blank\">Reuters<\/a> reports.<\/p>\n<p><strong>The global market offered little help:<\/strong> Foreign orders contracted sharply for the third month in a row, choked off by ongoing shipping bottlenecks, high freight costs, and regional conflict.<\/p>\n<p><strong>Logistics stabilization pushed inventory rebuild:<\/strong> Average supplier delivery times shortened in May for the first time in three months. Firms went on a buying spree sensing a window of stability, boosting purchasing activity for the first time since February to rebuild their inventories and hedge against future disruptions.<\/p>\n<p><strong>Sentiment remains resilient:<\/strong> Saudi businesses expect the non-oil economy to sustain its upward momentum through 2026, driven by better domestic demand, stabilized supply chains, controlled inflation, strong government investment, and robust trade, Al Ghaith notes.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/pmi\/\">PMI<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/purchasing\/\">PURCHASING<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"96868 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"96868\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/06\/11\/96868\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-96868\" class=\"content-area-description single-story post-96868 post type-post status-publish format-standard hentry category-uncategorized wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a href=\"https:\/\/transmar.com\/\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2700.jpg?ssl=1\" class=\"inline-image\" alt=\"Inline Image\"><\/a><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"96869\" 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=\"96869\">\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\/06\/11\/sharjah-sal-and-asyad-add-capacity-across-land-air-and-sea\/\">\r\n                            Sharjah, SAL, and Asyad add capacity across land, air, and sea                        <\/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\/06\/11\/sharjah-sal-and-asyad-add-capacity-across-land-air-and-sea\/\" 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\/2026\/06\/11\/sharjah-sal-and-asyad-add-capacity-across-land-air-and-sea\/')\">\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\/2026\/06\/11\/sharjah-sal-and-asyad-add-capacity-across-land-air-and-sea\/\">\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=Sharjah, SAL, and Asyad add capacity across land, air, and sea&url=https:\/\/enterpriseam.com\/logistics\/2026\/06\/11\/sharjah-sal-and-asyad-add-capacity-across-land-air-and-sea\/\">\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\/2026\/06\/11\/sharjah-sal-and-asyad-add-capacity-across-land-air-and-sea\/&title=Sharjah, SAL, and Asyad add capacity across land, air, and sea\">\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=Sharjah%2C+SAL%2C+and+Asyad+add+capacity+across+land%2C+air%2C+and+sea+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2026%2F06%2F11%2Fsharjah-sal-and-asyad-add-capacity-across-land-air-and-sea%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\/06\/11\/sharjah-sal-and-asyad-add-capacity-across-land-air-and-sea\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/96870.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"96870\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2026\/06\/11\/sharjah-sal-and-asyad-add-capacity-across-land-air-and-sea\/aug-11-2010sharjahuaetoweringstacksofcolorfulshippingcontainersline-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/internal\/96870.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"Aug-11-2010,Sharjah,Uae,Towering,Stacks,Of,Colorful,Shipping,Containers,Line\" data-image-description=\"&lt;p&gt;Aug-11-2010 Sharjah UAE Towering stacks of colorful shipping containers line the industrial port of Khor Fakkan in the Emirate of Sharjah, United Arab Emirates. Captured in the calm light of the day, the images showcase the scale and rhythm of global trade, where massive container yards and transport lanes reflect the port\u2019s role as one of the region\u2019s key maritime logistics hubs connecting international shipping routes.&lt;\/p&gt;\n\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/internal\/96870.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/internal\/96870.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-96869\" class=\"content-area-description single-story post-96869 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-asyad tag-sal-saudi-logistics tag-shipping-maritime wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p class=\"tag-border-left\">Building inland capacity<\/p>\n<p><strong>The Sharjah Ports, Customs and Freezones Authority is developing the Al Dhaid Logistics Complex<\/strong>, with phase one spanning more than 16 mn sq ft and designed to handle up to 1.5 mn TEUs annually, state news agency <a href=\"https:\/\/www.wam.ae\/article\/c0memj3-al-dhaid-logistics-strengthens-sharjah-trade-hub\" target=\"_blank\">Wam<\/a> reports.<\/p>\n<p><strong>The buildout is heavy on cargo-handling basics:<\/strong> The complex will include truck holding areas, cargo yards, warehousing, inspection, and screening facilities, traffic management systems, dedicated access roads, and wider road links. It will also feature rail sidings and loading facilities.<\/p>\n<p class=\"tag-border-left\">Another Central Asian carrier checks in<\/p>\n<p><strong>Another Central Asia carrier lands with SAL:<\/strong> Saudi Logistics Services (SAL) has <a href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=95987&amp;anCat=1&amp;cs=4263&amp;locale=en\" target=\"_blank\">inked<\/a> a yearly renewable agreement with Uzbekistan&rsquo;s Fly Khiva Group to provide integrated air cargo ground-handling services in the Kingdom. The agreement covers cargo handling, aircraft loading and offloading, and other ramp operations, with services paid on demand under the contract&rsquo;s pricing schedule.<\/p>\n<p><strong>Not the first Central Asian play:<\/strong> SAL had previously <a href=\"https:\/\/www.linkedin.com\/posts\/saudialogistics_sal-signs-an-agreement-with-uzbekistan-airways-activity-6942138945472229377-4d4X?utm_source=share&amp;utm_medium=member_desktop&amp;rcm=ACoAADH5dPEBRXvMivVG7sfTnmnNXL6pv3olj04\" target=\"_blank\">signed<\/a> cargo-handling agreements with Uzbekistan Airways and <a href=\"https:\/\/sal.sa\/Report2025\/overview\/2025_year_in_review.html\" target=\"_blank\">Azerbaijan Airlines<\/a> and has a Kingdom-wide cargo-handling agreement with Silk Way Airlines.<\/p>\n<p class=\"tag-border-left\">The fleet reset keeps rolling<\/p>\n<p><strong>Oman&rsquo;s Asyad Shipping has sold its 2001-built Sohar LNG carrier for USD 23 mn<\/strong>, according to a <a href=\"https:\/\/ent.news\/2026\/6\/677.pdf\" target=\"_blank\">disclosure (pdf)<\/a>. The vessel had been part of Asyad&rsquo;s fleet since 2003 and was 50%-owned through a joint venture with Mitsui O.S.K. Lines. The transaction is expected to generate a JV gain of USD 2.1 mn, with Asyad set to recognize half of that amount, subject to final closing adjustments.<\/p>\n<p><strong>This is not a one-off sale &mdash; it is the same fleet-reset play:<\/strong> Asyad had <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/01\/13\/asyad-shipping-is-reshaping-its-lng-fleet\/\" target=\"_blank\">planned the sale of four older, partially owned LNG carriers<\/a> &mdash; Ibra, Ibri, Nizwa, and Salalah &mdash; under a USD 110 mn agreement signed in December 2025, with the vessels scheduled for handover in 1Q 2026.<\/p>\n<p><strong>Why it matters:<\/strong> Asyad is rotating out older LNG assets while <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/07\/17\/updates-on-roads-shipping-last-mile-delivery-and-ports-from-the-uae-oman-and-jordan\/\" target=\"_blank\">bringing in newer LNG carriers and VLCCs<\/a> that are tied to long-term charters and feature higher-efficiency specs. The Omani firm had already framed this as part of Asyad&rsquo;s wider OMR 1 bn five-year fleet expansion strategy &mdash; including two LNG carriers, four crude oil tankers, and two oil-derivative tankers entering service in 2026-2027.<\/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\/asyad\/\">Asyad<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/sal-saudi-logistics\/\">SAL Saudi Logistics<\/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=\"96871\" 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\/06\/11\/96871\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-96871\" class=\"content-area-description single-story post-96871 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;margin:0;line-height:1.15;text-align:left\"><span style=\"font-weight:700\">JUNE<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><span style=\"font-weight:400\">21-24 June (Sunday-Wednesday): <\/span><span><a href=\"https:\/\/saudi-smartlogistics.com\/\">Saudi Smart Logistics<\/a><\/span><span style=\"font-weight:400\">, Riyadh, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><span style=\"font-weight:400\">22-23 June (Monday-Tuesday): <\/span><span><a href=\"https:\/\/decarbonizingforum.com\">Decarbonizing Shipping Forum<\/a><\/span><span style=\"font-weight:400\">, Rotterdam, Netherlands.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><span style=\"font-weight:700\">AUGUST<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><span style=\"font-weight:400\">30 August-1 September (Sunday-Tuesday): <\/span><span><a href=\"https:\/\/www.aircargomiddleeastexpo.com\/?utm_source=referral-traffic&amp;utm_medium=ref-visit&amp;utm_campaign=google.com\">Air Cargo Middle East<\/a><\/span><span style=\"font-weight:400\">, Riyadh, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><span style=\"font-weight:400\">30 August-1 September (Sunday-Tuesday): <\/span><span><a href=\"https:\/\/www.facebook.com\/SWLExpo\/\">Saudi Warehouse and Logistics Expo<\/a><\/span><span style=\"font-weight:400\">, Riyadh, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><span style=\"font-weight:700\">SEPTEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><span style=\"font-weight:400\">16-17 September (Wednesday-Thursday): <\/span><span><a href=\"https:\/\/www.saudimaritimecongress.com\/en\/home.html\">Saudi Maritime &amp; Logistics Congress<\/a><\/span><span style=\"font-weight:400\">, Dammam, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><span style=\"font-weight:400\">22-24 September (Tuesday-Thursday): <\/span><span><a href=\"https:\/\/www.terrapinn.com\/exhibition\/seamless-middle-east-fintech\/index.stm\">Seamless Middle East<\/a><\/span><span style=\"font-weight:400\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><span style=\"font-weight:400\">28-30 September (Monday-Wednesday): <\/span><span><a href=\"https:\/\/transportlogistic.de\/en\/transport-logistic-worldwide\/\">Transport Logistics Middle East<\/a><\/span><span style=\"font-weight:400\">, Riyadh, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><span style=\"font-weight:700\">OCTOBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><span style=\"font-weight:400\">12-14 October (Monday-Wednesday): <\/span><span><a href=\"https:\/\/www.theairportshow.com\/en-gb\/visit.html\">The Airport Show<\/a><\/span><span style=\"font-weight:400\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><span style=\"font-weight:400\">21-22 October (Wednesday-Thursday): <\/span><span><a href=\"https:\/\/globalportsforum.com\/singapore-to-host-gpf\/global-ports-forum-singapore-draft-agenda\/\">Global Ports Forum<\/a><\/span><span style=\"font-weight:400\">, Singapore.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><span style=\"font-weight:400\">26-29 (Monday-Thursday): <\/span><span><a href=\"https:\/\/www.aircargoforum.org\/event\/4d30ed99-e73f-4fcd-a160-2701037fad18\/summary\">Air Cargo Forum<\/a><\/span><span style=\"font-weight:400\">, Miami, US.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><span style=\"font-weight:400\">27-29 October (Tuesday-Thursday): <\/span><span><a href=\"https:\/\/www.routesonline.com\/events\/285\/routes-world-2026\/\">Routes World<\/a><\/span><span style=\"font-weight:400\">, Riyadh, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><span style=\"font-weight:700\">NOVEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><span style=\"font-weight:400\">2-5 November (Monday-Thursday): <\/span><span><a href=\"https:\/\/www.adipec.com\/maritime-logistics\/\">ADIPEC Maritime and Logistics Exhibition and Conference<\/a><\/span><span style=\"font-weight:400\">, Abu Dhabi, UAE.<\/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>Gulf storage buildout | Saudi\u2019s infrastructure boom | Kingdom\u2019s May PMI<\/p>\n","protected":false},"featured_media":96857,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-96855","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"b8b48ee9-4515-4e6c-8eec-f489e94ba4c9","teaser":"Gulf storage buildout | Saudi\u2019s infrastructure boom | Kingdom\u2019s May PMI"},"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>Chasing warehouse space - 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\/?post_type=issue&p=96855\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chasing warehouse space\" \/>\n<meta property=\"og:description\" content=\"Gulf storage buildout | Saudi\u2019s infrastructure boom | Kingdom\u2019s May PMI\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&amp;p=96855\" \/>\n<meta property=\"og:site_name\" content=\"Logistics\" \/>\n<meta property=\"article:modified_time\" 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