{"id":89270,"date":"2025-10-01T00:00:00","date_gmt":"2025-10-01T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2025\/10\/01\/today-egypts-ports-score-across-wbs-leaderboard-uae-as-a-hotspot-for-trade-corridors\/"},"modified":"2025-10-01T00:00:00","modified_gmt":"2025-10-01T00:00:00","slug":"today-egypts-ports-score-across-wbs-leaderboard-uae-as-a-hotspot-for-trade-corridors","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2025\/10\/01\/today-egypts-ports-score-across-wbs-leaderboard-uae-as-a-hotspot-for-trade-corridors\/","title":{"rendered":"TODAY: Egypt\u2019s ports score across WB\u2019s leaderboard + UAE as a hotspot for trade corridors"},"content":{"rendered":"

Good morning, folks. <\/strong>We\u2019re inching closer to the weekend with a brisk read. In today\u2019s issue, we take a look at the results of the World Bank-led performance index for ports \u2014 and it appears that Egypt\u2019s Port Said port had an excellent 2024. Marsa Maroc\u2019s earnings for 1H are also officially out \u2014 and they\u2019re looking good. But first, an update on the possible logistics impact of the US federal government shutdown\u2026<\/p>\n

THE BIG LOGISTICS STORY- <\/strong>Airlines <\/strong>are bracing for slowed operations at US airports<\/strong>, after the US federal government entered a shutdown starting today. Air traffic and security systems at airports \u201cmay need to slow down, reducing efficiency\u201d if the shutdown goes ahead, Airlines for America (A4A), a trade association representing US carriers, warned hours before the shutdown began. <\/p>\n

Aviation disruptions are expected to be limited if the shutdown is short-lived. <\/strong>However, a prolonged shutdown \u2014 similar to the 2018-2019 35-day shutdown<\/a>, which cost the country c.USD 3 bn<\/a> in lost GDP \u2014 could lead to wider disruptions as workers become wary of not getting paid. Hundreds of flights in New York and Philadelphia airports were canceled back then after air traffic controllers and security workers called in sick, in protest against not receiving their salaries. <\/p>\n

Why a government shutdown? <\/strong>The US government is frequently prone to shutdowns<\/a> whenever Congress fails to pass funding bills for government agencies, forcing a halt in services and paychecks for federal workers. The US has seen 18 shutdowns since 1980 \u2014 with the latest and longest one beginning in 2018 before concluding in January 2019. Currently, Republicans and Democrats are at an impasse, with Republicans demanding extending funding at its current level until 21 November<\/a>, whereas Democrats are insisting on adding healthcare subsidies and reversing Medicaid cuts to accept any resolution. <\/p>\n

The story received a lot of attention in the int\u2019l press: <\/strong>Reuters<\/a> | CBS<\/a> | New York Times<\/a> | ABC<\/a> | NBC<\/a> | The Guardian<\/a> <\/p>\n

HAPPENING THIS WEEK-<\/p>\n

The <\/strong>Global Freight Summit<\/a><\/strong> is on its last day in<\/strong> Istanbul<\/strong>, Turkey. The event hosted independent freight forwarders for an open networking event. The goal is to have over 350 attendees exchange agency recommendations, learn from industry leaders, and build new networks. <\/p>\n

The <\/strong>Global Rail Transport Infrastructure Exhibition and Conference<\/a><\/strong> kicked off yesterday and will run until Thursday, 2 October in Abu Dhabi<\/strong>, the UAE. The event is hosted by Etihad Rail and is set to welcome over 200 global speakers that include top executives from Dubai Airports, Korea National Railway, Keolis, DHL Global Forwarding, Parsons, Saudi Arabia Railway, and Talgo. <\/p>\n

The <\/strong>Saudi Maritime and Logistics Congress<\/a><\/strong> is on its first day and will wrap up on Thursday, 2 October in Dammam<\/strong>, Saudi Arabia. The event will host over 200 registered exhibitors and some 15k attendees from over 90 countries to discuss AI-powered fleet optimization, shifts in global trade, and intelligence-driven infrastructure. Speakers include the Kingdom\u2019s Transport Minister Saleh bin Nasser Al-Jasser, Bahri CEO Ahmed Alsubaey, and King Abdullah Port CEO Jay New.<\/p>\n

\n

WATCH THIS SPACE-<\/p>\n

<\/a> #1- China\u2019s Keeta is investing big in the UAE: <\/strong>Keeta, the food delivery arm of Chinese consumer service tech giant Meituan, will invest hundreds of mns of USD in the UAE over the next 3-5 years as part of its regional expansion, under an MoU with the Investment Ministry, state news agency Wam<\/a> reports. The agreement will see Keeta establish its UAE headquarters and roll out advanced last-mile logistics solutions, including drones and autonomous vehicles. <\/p>\n

REMEMBER- Keeta has been on a regional expansion<\/strong>, launching operations in Saudi<\/a> and Kuwait<\/a> in just one year. <\/p>\n

Keeta is coming into a crowded market: <\/strong>Talabat, Deliveroo, and Noon already have a tight grip on the food delivery sector in UAE, but Keeta\u2019s entry could shake up market shares as it enters with aggressive promotions and success in markets like Saudi Arabia and Kuwait. <\/p>\n

<\/a> <\/strong> #2- <\/strong>Dutch <\/strong>vessel attacked in Gulf of Aden: <\/strong>A Dutch-flagged and operated cargo ship \u2014 called Minervagracht \u2014 was attacked by an explosive device in the Gulf of Aden, leading to the evacuation of its 19 crew members, Reuters<\/a> reports, citing the EU\u2019s Red Sea naval mission Aspides and the ship\u2019s operator Spliethoff<\/a>. Minervagracht was reportedly in international waters and about 128 nautical miles southeast of Yemen\u2019s port of Aden. The vessel was previously attacked last week while en route to Djibouti, British security firm Ambrey said.<\/p>\n

While <\/strong>Yemen\u2019s Houthi militants have not claimed responsibility for the attack<\/strong>, they have been targeting Israeli-linked vessels<\/a> in the Red Sea. Their latest salvo involved a close-miss ballistic missile attack on a Liberian-flagged, Israeli-owned tanker near Saudi Arabia's Yanbu earlier this month<\/a>. Earlier this year, the group released a set of frequently asked questions<\/a> to help shippers navigate their \u2018sanctions policies,\u2019 ostensibly promising safe passage through Yemeni waters for any vessel not on their list of \u201csanctioned\u201d entities.<\/p>\n

<\/a> #3- We <\/strong>may <\/strong>have more details about <\/strong>Iraq\u2019s <\/strong>Development Road Project soon:<\/strong> The Iraqi government is set to present the techno-economic study for its Development Road project to Gulf investors and Turkey at a ministerial meeting next month, Zawya<\/a> reports, citing comments by Iraqi Transport Minister Razzaq Muhaibas Al Saadawi. The report was prepared by US consulting firm Oliver Wyman, which signed up<\/a> to provide consulting services for the project last year.<\/p>\n

About the project:<\/strong> The 1.2k km<\/a> Development Road project aims to connect<\/a> Iraq\u2019s southern Grand Faw Port \u2014 slated to become a major commodities port \u2014 to Turkey's border via rail and road networks, and is backed<\/a> by the UAE, Turkey, and Qatar.<\/p>\n

#4- <\/strong>Boeing\u2019s <\/strong>737 <\/strong>Max <\/strong>successor in the works: <\/strong>US planemaker Boeing is reportedly working on a new narrowbody aircraft that may replace the 737 Max, Bloomberg<\/a> reports. Boeing CEO Kelly Ortberg reportedly met with Rolls-Royce executives earlier this year to discuss engine specifications for the upcoming model, which is still in its early stages of development.<\/p>\n

Remember safety issues with the 737 Max? <\/strong>Boeing\u2019s 737 Max reputation has been under scrutiny amid ongoing safety concerns for years, following two major fatal crashes on Lion Air and Ethiopian Airlines in 2018<\/a> and 2019<\/a>, respectively, as well as a mid-flight incident on an Alaska Air flight<\/a> in 2024. <\/p>\n

Regional <\/strong>airlines awaiting 737 MAX orders: <\/strong>Several regional carriers currently have orders for 737 Max jets. Budget carrier flydubai is expecting five 737 Max 8s<\/a> by year-end, and EgyptAir is set to receive a Boeing 737 Max in January 2026<\/a> \u2014 the first of an 18-jet order secured back in 2023<\/a>.<\/p>\n

\n

MARKET WATCH- <\/p>\n

#1- Oil prices went up this morning as buyers continued to weigh the impact of a <\/strong>possible Opec+ production surge and US government shutdown<\/strong> on market outlook<\/strong>, Reuters<\/a> reports. Brent crude futures for November rose by USD 0.28 to USD 66.31 \/ bbl as of 05.00 GMT, while US West Texas Intermediate (WTI) surged by USD 0.26 to trade at USD 62.63 \/ bbl. Today\u2019s surge is a reversal from two successive days of rate declines. <\/p>\n

#2- Baltic index continues downward spiral: <\/strong>The Baltic Exchange\u2019s dry bulk sea freight index \u2014 which tracks rates for the capesize, panamax, and supramax vessel segments \u2014 eased 86<\/a> points to 2,134 on Tuesday, driven by decline across vessel segments. The capesize dropped 219 points to 3,305 points, while the panamax index fell 42 points to 1,776. The smaller supramax index shed 5 points to 1,473. <\/p>\n

DATA POINTS- <\/p>\n

#1-Global <\/strong>air <\/strong>cargo demand inches upwards: <\/strong>Global demand for air cargo \u2014 measured in cargo ton kilometers \u2014 rose 4.1% y-o-y last month, driven, in part, by a shift of players away from maritime shipping, according to the International Air Transport Association<\/a>. Meanwhile, global cargo capacity surged 3.7% y-o-y. <\/p>\n

#2- The Suez Canal\u2019s topline fell 47.7% to USD 3.8 bn during FY 2024-2025<\/strong>, as geopolitical tensions in the region continued to impact maritime trade. Meanwhile, the contraction of the global waterway eased to just 5.5% in 4Q FY 2024-2025, compared to a sharp contraction of 68.2% in the same period a year earlier. <\/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

***<\/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

Were you forwarded this email? <\/strong>Tap or click here<\/a> to get your own copy of Enterprise Logistics.<\/p>\n

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 UK will host the <\/strong>Marine Environment Protection Committee Extraordinary Session<\/a><\/strong> from Tuesday, 14 October until Friday, 17 October<\/strong> at the International Maritime Organization\u2019s (IMO) HQ in London. The session is set to see the intergovernmental body formally adopt its Net-Zero Framework \u2014 rolling out new fuel standards for ships and a global pricing mechanism for emissions. <\/p>\n

Belgium will host the <\/strong>AntwerpXL<\/a><\/strong> on Tuesday, 14 October until Thursday, 16 October <\/strong>in Antwerp. The expo will host 3.8k project cargo, break bulk, RoRo, heavy lift, and industry experts to expand collaborations. It will co-locate with the Transport and Logistics conference and exhibition. <\/p>\n

Morocco will host the <\/strong>International Forum and Expo on Mobility, Transport, and Logistics (Logiterre)<\/a><\/strong> on Thursday, 16 October until Saturday, 18 October<\/strong> in Casablanca. Logiterre will host main operators within the industry from West and Central Africa. <\/p>\n

The UAE will host the <\/strong>Adipec Maritime and Logistics Exhibition and Conference<\/a><\/strong> on Monday, 3 November until Thursday, 6 November<\/strong> in Abu Dhabi. The conference will host over 250k attendees working in government entities, finance, and tech. <\/p>\n

The UAE will host the <\/strong>Air Cargo Forum<\/a><\/strong> on Tuesday, 4 November until Thursday, 6 November <\/strong>in Abu Dhabi. The forum \u2014 hosted by Etihad Cargo \u2014 will bring together air freight industry leaders, policymakers, innovators, and stakeholders to discuss industry solutions, tech, strategies, and collaborative initiatives for global air logistics. <\/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 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