{"id":88000,"date":"2025-08-05T00:00:00","date_gmt":"2025-08-05T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2025\/08\/05\/today-adnoc-gas-latest-lng-supply-agreement-a-slew-of-startup-watch-updates-from-across-region\/"},"modified":"2025-08-05T00:00:00","modified_gmt":"2025-08-05T00:00:00","slug":"today-adnoc-gas-latest-lng-supply-agreement-a-slew-of-startup-watch-updates-from-across-region","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2025\/08\/05\/today-adnoc-gas-latest-lng-supply-agreement-a-slew-of-startup-watch-updates-from-across-region\/","title":{"rendered":"TODAY: Adnoc Gas\u2019 latest LNG supply agreement + A slew of startup watch updates from across region"},"content":{"rendered":"

Good morning, friends. <\/strong>It\u2019s another brisk issue today as the summer news cycle slowdown continues. Still, we have LNG trade news from Adnoc Gas and a slew of startup updates from Saudi and Egyptian players. Let\u2019s dive right in. <\/p>\n

WATCH THIS SPACE-<\/p>\n

<\/a> <\/strong> <\/strong> #1- <\/strong>Turkey <\/strong>is planning a <\/strong>third <\/strong>offshore airport on the Black Sea<\/strong>, to be located north of Trabzon Airport, Turkish outlet Anadolu Agency<\/a> reports, citing comments by Transport and Infrastructure Minister Abdulkadir Uralo\u011flu. The project \u2014 part of the country\u2019s long-term infrastructure investment scheme \u2014 has wrapped its design stage, but a timeline for the development is still in the works, Uralo\u011flu reportedly said. Turkey has already two operational offshore airports on the Black Sea: Rize-Artvin Airport and the Ordu-Giresun Airport. <\/p>\n

Uh, an offshore airport?<\/strong> Offshore airports \u2014 built on reclaimed land from the sea \u2014 offer several key benefits over traditional ones. They circumvent the challenges of land acquisition, including high costs, displacement of communities, and political opposition. They also provide ample space for future expansion unlike traditional, land-based airports, according to US-based think tank the Cato Institute<\/a>. <\/p>\n

ICYMI<\/strong>- <\/strong>Turkey\u2019s Antalya Airport completed<\/a> the first phase of a USD 1.1 bn expansion project earlier this year, which included a new cargo terminal, a fuel farm, and a maintenance hangar.<\/p>\n

<\/a> #2-<\/strong> \u064fEgypt eyes processed sand exports with EUR 90 mn project: <\/strong>Egyptian electrical equipment supplier Incom<\/a> is looking to establish a EUR 90 mn industrial logistics complex to process kaolin sand in the Ain Sokhna area of the Suez Canal Economic Zone, according to a statement<\/a>. The project aims to process kaolin sand \u2014 rich in alumina minerals \u2014 into high-value industrial products to bolster the nation\u2019s exports. <\/p>\n

SOUND SMART-<\/strong> Kaolin sand is a fine, white clay used in ceramics, paper, paint, and pharma due to its high aluminum and silica content. Egypt holds some of the region\u2019s richest kaolin reserves, particularly in the Red Sea and Sinai. The government has been pushing to localize its processing to boost value-added exports.<\/p>\n

<\/a>#3- <\/strong>Boeing <\/strong>strike confirmed:<\/strong> Union workers at three Boeing St Louis plants \u2014 which focuses primarily on fighter jets \u2014 went on strike at midnight on Monday, after rejecting a new contract offered the day before, the workers\u2019 International Association of Machinists and Aerospace Workers (IAM) union told Reuters<\/a>. Boeing's latest contract offered the workers a 40% average wage growth. <\/p>\n

We knew this was coming: <\/strong>Boeing was expecting over 3.2k workers to go on strike<\/a> last week after they refused the firm\u2019s initial proposal for a 20% pay increase spread over four years, a USD 5k ratification bonus, and other benefits. Boeing\u2019s last strike in 2024<\/a> lasted for six weeks, also over workers\u2019 wages, delaying deliveries of 737 Max jets. <\/p>\n

\n

MARKET WATCH- <\/p>\n

#1- Oil prices went down this morning amid weaker demand and oversupply predictions <\/strong>after Opec+ decision to move ahead with its <\/strong>September production hike<\/strong>, Reuters<\/a> reports. Brent crude futures went down USD 0.11 to reach USD 68.65 \/ bbl by 04.24 GMT, while US West Texas Intermediate (WTI) futures dropped by USD 0.12 to trade at USD 66.17 \/ bbl.<\/p>\n

#2- Baltic index drops once again:<\/strong> The Baltic Exchange\u2019s dry bulk sea freight index \u2014 which tracks rates for the capesize, panamax, and supramax vessel segments \u2014 fell 2.4%<\/a> to 1,970 points on Monday, its lowest since 16 July. The capesize dropped 4.2% to 3,158 points, while the panamax index dipped 0.7% to 1,633 points. The smaller supramax index inched up 0.1% to 1,270 points. <\/p>\n

DATA POINT- <\/p>\n

Abu<\/strong> Dhabi's non-oil foreign trade reached AED 195.4 bn in 1H 2025<\/strong>, marking a 34.7% increase from the AED 145 bn recorded during the same period last year, according to a statement<\/a> from Abu Dhabi Customs. Exports led the growth with a 64% y-o-y increase to AED 78.5 bn, while imports rose by 15% y-o-y to AED 80 bn and re-exports expanded by 35% to AED 36 bn.<\/p>\n

The wider picture: <\/strong>The UAE\u2019s non-oil foreign trade came in at AED 1.73 tn in the first six<\/a>months of this year<\/a>, with the emirates recording a trade surplus of AED 761 mn. The UAE is on track to hit AED 4 bn in non-oil foreign trade by 2027 now \u2014 four years ahead of the original 2031 target.<\/p>\n

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***<\/strong>YOU\u2019RE READING EnterpriseAM Logistics, the essential MENA publication for senior <\/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

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

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Want to send us a story idea<\/strong>, request coverage, ask for a correction, or otherwise get in touch? Reach out to us on logistics@enterprisemea.com<\/a>.<\/p>\n

DID YOU KNOW <\/strong>that we also cover Egypt<\/a>, Saudi Arabia<\/a>, and the UAE<\/a><\/a> ***<\/strong><\/p>\n

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

The UAE will host the <\/strong>Africa Procurement and Supply Chain Leaders\u2019 Conference<\/a><\/strong> on Monday, 25 August until Friday, 29 August<\/strong> in Dubai. The conference will host global industry leaders, policymakers and stakeholders to discuss how AI is changing procurement and supply chain efficiency, sustainability and risk management. <\/p>\n

Oman will host <\/strong>Transport Middle East<\/a><\/strong> on Monday, 1 September until Wednesday, 3 September <\/strong>in Salalah. The conference will host 35 international speakers and over 50 exhibitors from the maritime sector to discuss global transportation and logistics. <\/p>\n

Saudi Arabia will host the <\/strong>Sustainable Maritime Industry Conference<\/a><\/strong> on Wednesday, 3 <\/strong>and Thursday, 4 September <\/strong>in Jeddah. The event is set to gather over 60 speakers and more than 3k participants to discuss maritime decarbonization, digital transformation, regulatory frameworks, capacity building, and sustainable practices.<\/p>\n

Algeria will host the <\/strong>Intra-African Trade Fair<\/a><\/strong> on Thursday, 4 September until Wednesday, 10 September<\/strong> in Algiers. The fair will host over 75 countries and 2k exhibitors across several sectors to explore investment prospects and exchange information on trade between B2B and B2G.<\/p>\n

Oman will host the <\/strong>Comex Global Technology Show<\/a><\/strong> on Sunday, 7 September and run till Wednesday, 10 September<\/strong> in Muscat. The event will host over 360 participants and 133 tech startups to show achievements in eGovernment, fintech, smart cities, health tech, agritech and cybersecurity. <\/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":"

What we\u2019re tracking this morning regionally and around the world<\/p>\n","protected":false},"author":1,"featured_media":88001,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[18],"tags":[145,146,49,44,32,231,16,21],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-88000","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-aviation","tag-boeing","tag-egypt","tag-investment-watch","tag-trade","tag-turkey","tag-what-were-tracking-today","tag-zones","wpautop","entry"],"acf":{"mongo_id":"a1eae75f-7c36-4004-a185-797df46da261","order":"2","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2025\/8\/207.jpg","photo_position":"above","homepage_title":"","full_issue_title":"TODAY: 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