{"id":84603,"date":"2025-02-19T00:00:00","date_gmt":"2025-02-19T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2025\/02\/19\/updates-on-manufacturing-supply-chains-regulations-and-diplomacy-from-uae-and-ksa\/"},"modified":"2025-02-19T00:00:00","modified_gmt":"2025-02-19T00:00:00","slug":"updates-on-manufacturing-supply-chains-regulations-and-diplomacy-from-uae-and-ksa","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2025\/02\/19\/updates-on-manufacturing-supply-chains-regulations-and-diplomacy-from-uae-and-ksa\/","title":{"rendered":"Updates on manufacturing, supply chains, regulations, and diplomacy from UAE and KSA"},"content":{"rendered":"

MANUFACTURING- <\/p>\n

<\/strong>India\u2019s <\/strong>Bikanervala <\/strong>lands at UAE\u2019s Jebel Ali: <\/strong>Indian sweets, snacks, and vegetarian cuisine giant Bikanervala will invest AED 33.7 mn to develop a 161k sqft manufacturing facility at Jebel Ali\u2019s National Industries Park (NIP), according to a statement<\/a>. The facility \u2014 slated to begin production in late 2026 \u2014 aims to increase Bikanervala\u2019s exports to the GCC, Africa, East Asia, and Europe, CBNME<\/a> reports. <\/p>\n

More details: <\/strong>The facility will serve as a central production hub, supplying Bikanervala\u2019s restaurants, cloud kitchens, and retail partners. It is planned to have an initial annual capacity of 1.3k metric tonnes, which is expected to double to 2.7k metric tonnes by 2030.<\/p>\n

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SUPPLY CHAINS-<\/p>\n

#1-<\/strong> KSA\u2019s <\/strong>Masarat Mobility Park to deploy AI-driven robotic supply chain solutions<\/strong>:<\/strong> Saudi-based construction firm Al Masarat Holding has inked an MoU with UK-based AI-powered robotics firm Dexory to implement robotic solutions in logistics and manufacturing supply chains in Masarat Mobility Park, effective until 12 February 2028, according to a statement<\/a>. The pair will use AI-driven automation and digital tech to streamline supply chain operations and boost efficiency across the Kingdom. <\/p>\n

#2- UAE\u2019s Invest Bank partners with Veefin Solutions for supply chain finance: <\/strong>Sharjah\u2019s Invest Bank<\/a> partnered with Veefin Solutions<\/a> to integrate advanced supply chain finance solutions aimed at optimizing cashflow, improving capital efficiency, and streamlining receivables and payables for businesses across the UAE, according to a press release<\/a>. The system replaces manual processes with an automated platform, offering businesses more flexibility in managing payments and real-time insights into financial risks. The partnership is part of Invest Bank\u2019s broader effort to expand its digital services.<\/p>\n

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REGULATION-<\/p>\n

The Saudi Council of Ministers approved a new Land Transport Law during its meeting <\/strong>yesterday<\/strong>, state news agency SPA<\/a> reports. The law aims to regulate transport activities, facilities, and infrastructure across the Kingdom, according to a post on X<\/a> from the Real Estate General Authority (REGA). Although neither Cabinet nor REGA provided details on the specifics of the law\u2019s articles, REGA noted that the 34-article law would cover licensing for all land transport \u2014 including vehicles and drivers \u2014 and related penalties. <\/p>\n

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DIPLOMACY-<\/p>\n

UAE, Russia strengthen financial cooperation with new tax agreement: <\/strong>UAE State Minister for Financial Affairs Mohamed Bin Hadi Al Hussaini hosted the first UAE-Russia Strategic Financial Dialogue in Abu Dhabi on Tuesday, where he signed a double taxation avoidance agreement with Russian Finance Minister Anton Siluanov, Wam<\/a> reports.<\/p>\n

The agreement aims to boost trade<\/strong>, attract investment, and foster a more transparent tax environment. The forum also explored key financial topics, including budget planning, public-private partnerships, and international tax cooperation. <\/p>\n

OTHER STORIES WORTH KNOWING THIS MORNING-<\/strong><\/p>\n