{"id":74579,"date":"2023-11-01T00:00:00","date_gmt":"2023-11-01T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2023\/11\/01\/today-abu-dhabi-international-airport-is-getting-a-new-name-israeli-airlines-are-changing-their-routes-to-avoid-mena-airspace\/"},"modified":"2023-11-01T00:00:00","modified_gmt":"2023-11-01T00:00:00","slug":"today-abu-dhabi-international-airport-is-getting-a-new-name-israeli-airlines-are-changing-their-routes-to-avoid-mena-airspace","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2023\/11\/01\/today-abu-dhabi-international-airport-is-getting-a-new-name-israeli-airlines-are-changing-their-routes-to-avoid-mena-airspace\/","title":{"rendered":"TODAY: Abu Dhabi International Airport is getting a new name + Israeli airlines are changing their routes to avoid MENA airspace"},"content":{"rendered":"

Good morning, friends.<\/strong> The newsflow has slowed down significantly, with just a few small updates from logistics playing coming from the region. <\/p>\n

THE BIG LOGISTICS STORY- There\u2019s not much going on, but one story from Egypt is worth keeping an eye on: <\/strong>A Sky Logistics and Reliance Logistics consortium are reportedly in talks with Banque du Caire (BdC) for a USD 65 mn loan for the new multipurpose terminal at the East Port Said port.<\/p>\n

AND- <\/strong>Don\u2019t miss our big read on the landscape of the cold chain sector in the MENA region, from air cargo to land transport. <\/p>\n

^^ We have everything on this story and more in the news well, below.<\/p>\n

HAPPENING TODAY-<\/strong><\/p>\n

PSA-<\/strong>Transit trucks in the UAE <\/strong>will face AED 1-5k fines if they haven\u2019t registered to the Electronic <\/strong>National System for Tracking Trucks and Shipments<\/strong>, effective today, Khaleej Times<\/a> reports. The trucks will pay a AED 1k fine for the first month and AED 100 for each following month where they haven\u2019t registered, with a maximum penalty of AED 5k, the outlet writes.<\/p>\n

<\/a> Abu Dhabi International Airport is set to be renamed<\/strong> Zayed International Airport<\/strong>,Emirati News Agency Wam<\/a> reports. The airport\u2019s new name will be adopted on 9 February 2024 at the opening ceremony of terminal A. <\/p>\n

ALSO- Terminal A will kick off operations today<\/strong>, with 16 airlines flying from there<\/a> as of today, and more to follow over the coming weeks. The 742k sqm terminal<\/a> is set to \u201csignificantly increase\u201d the airport\u2019s cargo and passenger capacity, with the ability to operate 79 aircrafts at the same time and 45 mn passengers a year. The costs for the development of the terminal were pegged at USD 3 bn.<\/p>\n

DISRUPTION WATCH-<\/strong><\/p>\n

<\/a>Israel-based El Al airline\u2019s Bangkok-bound flights will no longer fly through Omani <\/strong>airspace<\/strong>, citing safety reasons<\/strong>, Reuters<\/a> reports. El Al was the first Israeli airline to fly through a new corridor via Saudi Arabia and Oman after Muscat followed Riyadh in permitting Israeli civilian flights through its airspace in February. El Al said its flights are not facing any specific threat, but it has nonetheless chosen to return to a route over Saudi Arabia but not Oman, increasing flight time between Tel Aviv and Bangkok to 11 hours instead of eight. <\/p>\n

O<\/strong>il tankers in the Red Sea are shutting off their tracking transponders amid the Israel-Hamas <\/strong>war<\/strong>, in a bid to navigate waters without being detected, CNBC<\/a> reports. Ships are being advised to wait further offshore as rocket attacks have been reported near Israel\u2019s ports of Ashdod and Eilat. <\/p>\n

The number of waiting vessels at Port Ashdod dropped to below five since the war<\/strong>, as opposed to an average of 15 before the conflict, CNBC adds, citing Everstream. \u201cThis suggests that container lines are avoiding the Port of Ashdod, and potentially relying more on the Port of Haifa instead,\u201d Everstream Director Mirko Woitzik said. The beginning of the war saw the backlog<\/a> of ships around Haifa increase, with 16 vessels anchored near the port as of last week.<\/p>\n

MARKET WATCH-<\/strong><\/p>\n

<\/a>Russia\u2019s oil flows go beyond target even as demand outlooks weaken:<\/strong>Russia\u2019s oil flows climbed for a third week last week, with shipments exceeding the target<\/a> it had initially set with Saudi Arabia to keep barrels off the market, <\/a>Bloomberg<\/a> reports. Russian ports shipped almost 3.64 mn barrels a day of crude oil, an increase of 110k barrels a day from the previous week. Rising oil prices and a rebound in flows are contributing to an increase in Russia\u2019s receipts.<\/p>\n

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Get Enterprise<\/b> daily <\/h4>\n<\/p><\/div>\n

The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n

Subscribe here<\/a> <\/div>\n<\/p><\/div>\n<\/p><\/div>\n

CIRCLE YOUR CALENDAR-<\/strong><\/p>\n

AD Ports kicked off the <\/strong>International Association of Ports and Harbors (IAPH) World\u2019s<\/a><\/strong>Ports Conference 2023<\/a><\/strong> yesterday<\/strong>, which runs through 2 November, at the Abu Dhabi National Exhibition Center, under the theme \u2018Reinventing Ports.\u2019 The event will bring together more than 100 speakers, from port operators to influential figures in the industry, to network and share expertise on the industry. <\/p>\n

The two-day <\/strong>Abu Dhabi Smart City Summit<\/a><\/strong>(ADSCS) kicked off yesterday <\/strong>in Abu Dhabi<\/strong>.<\/strong> The event is organized by the Department of Municipalities and Transport and is being attended by government officials and industry experts to discuss AI, urban planning and smart mobility. <\/p>\n

Dubai Business Forum<\/a><\/strong> is set to take place on 1-2 November at Madinat Jumeirah, in Dubai. <\/strong>The event will bring together top business leaders to boost business partnerships and networking.<\/p>\n

Transport Logistic Southeast Asia<\/a><\/strong> is taking place between 1-3 November at the Sands <\/strong>Expo and Convention Centre in Singapore.<\/strong> The event is the largest trade show for transportation and logistics, mobility, IT, and supply chain management in the Southeast Asia region. The exhibition will bring together service providers to meet, network and trade with top buyers from the region, and feature expert speakers who will provide insight on future topics.<\/p>\n

The <\/strong>Smart Transport, Logistics Infrastructure & Traffic Fair & Forum for the MEA Region<\/a><\/strong>(TransMEA) will kick off next week in Cairo, Egypt<\/strong> from 5-8 November. The event will bring together international regional players and some 350 exhibitors from 20 countries from the railway, metro, monorail, electric transport, roads, bridges, maritime transport, shipping, and logistics sector, to showcase solutions, trends, new products and technologies.<\/p>\n

The third Caspian Economic <\/strong>Forum<\/strong> is set to be held in mid-November in Iran<\/strong>, state-owned Islamic Republic News Agency<\/a> reports. The event is set to focus on transportation, joint ventures, oil and gas, finance, banking and technical cooperation in Iran, with Alireza Jahangiri, Iran\u2019s deputy foreign caspian sea affairs minister, calling on economic institutions to attend, IRNA adds. The exact location and dates of the forum have yet to be confirmed.<\/p>\n

The <\/strong>Dubai Air Show<\/a><\/strong> will be held from 13-17 November<\/strong> at DWC, at the Dubai Airshow site, in Dubai. The event will feature over 180 aircraft including business jets, drones, commercial airlines, military jets, helicopters, and electric vertical take-off and landing (eVTOL) aircraft. The event will also gather decision makers to discuss the latest trends and challenges across the aviation industry, and how to drive sustainable aviation operations..<\/p>\n

Check out our full calendar<\/strong> at the bottom of this email for a comprehensive listing of upcoming news events and news triggers.<\/p>\n","protected":false},"excerpt":{"rendered":"

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