{"id":89552,"date":"2025-10-14T00:00:00","date_gmt":"2025-10-14T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2025\/10\/14\/today-qatars-gwc-clinches-stake-in-quivo-egypt-resumes-lng-exports\/"},"modified":"2025-10-14T00:00:00","modified_gmt":"2025-10-14T00:00:00","slug":"today-qatars-gwc-clinches-stake-in-quivo-egypt-resumes-lng-exports","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2025\/10\/14\/today-qatars-gwc-clinches-stake-in-quivo-egypt-resumes-lng-exports\/","title":{"rendered":"TODAY: Qatar\u2019s GWC clinches stake in Quivo + Egypt resumes LNG exports"},"content":{"rendered":"

Good morning, friends. <\/strong>We have a brisk read this morning, led with Qatar\u2019s Gulf Warehousing Company snagging a minority stake in logistics startup Quivo. Egypt is also resuming LNG exports as the weather cools and demand dips, and we have updates on a new Qatar-Saudi Arabia railway link. <\/p>\n

HAPPENING TODAY-<\/p>\n

The <\/strong>Marine<\/a><\/strong>Environment Protection Committee Extraordinary Session<\/a><\/strong> is opening its doors <\/strong>later today<\/strong> and will run until <\/strong>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

Why this matters: <\/strong>The Net-Zero Framework<\/a> will roll out mandatory emissions limits and greenhouse gas pricing across the entire shipping sector, including large ocean-going ships over 5k gross tonnage that account for 85% of international shipping\u2019s emissions. The framework was adopted last April<\/a> and would oblige the global shipping industry \u2014 which is responsible for 3% of the world\u2019s GHG emissions \u2014 to reduce and pay for a portion of its emissions. It is expected to come into effect in 2027. <\/p>\n

A rift among IMO members: <\/strong>The draft was passed with support from 63 countries including China and Brazil. Sixteen countries voted against \u2014 nine of which were from our region, including Iran, Iraq, Jordan, Yemen, Oman, Bahrain, Saudi Arabia, Qatar, and the UAE. The US threatened IMO members with retaliation last August<\/a>, and renewed its warnings last week, threatening visa restrictions and sanctions to retaliate against nations that vote in favor, Reuters<\/a> reported on Saturday.<\/p>\n

WATCH THIS SPACE-<\/p>\n

<\/a> #1- Cerebras eyes UAE expansion with Stargate rollout: <\/strong>US AI chipmaker Cerebras Systems plans to deploy its infrastructure in the UAE to support the country\u2019s rapidly growing AI sector, CEO Andrew Feldman told Reuters<\/a>. The rollout will include \u201cmegawatts worth of equipment\u201d for the Stargate project<\/a> \u2014 a USD 500 bn US-UAE initiative to build the world\u2019s largest AI data center network outside the US.<\/p>\n

Cerebras is also targeting a broader global expansion<\/strong>, with plans to grow its data center footprint from six sites to as many as 12-15 in the coming months. The UAE hub will be a key center for regional operations, including markets in India and Pakistan, Feldman said.<\/p>\n

REMEMBER- <\/strong>Abu Dhabi\u2019s G42 invested<\/a> USD 335 mn in Cerebras in April after restructuring the transaction to acquire non-voting shares. The company recently raised USD 1.1 bn and withdrew its US listing plans<\/a>, with Feldman saying Cerebras still intends to go public and will \u201crefile it as quickly as we can.\u201d<\/p>\n

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<\/a> #2<\/strong>-<\/strong> du to build 500k sqm 1 GW AI Park in Dubai:<\/strong> Telco du unveiled plans for a 500k sqm AI Park in Dubai\u2019s Warsan district, to be developed in phases over five years, according to a press release<\/a>. The park will host hyperscale, liquid-cooled data centers with up to 1 GW capacity, alongside AI research labs and startup incubators as part of efforts to expand the UAE\u2019s sovereign AI infrastructure.<\/p>\n

The company also introduced a new National Hybrid AI platform <\/strong>at GITEX Global 2025. The platform will allow government entities and enterprises to build and deploy AI applications across du\u2019s sovereign cloud infrastructure, integrating with its 5G and fiber networks.<\/p>\n

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#3- <\/strong>Three <\/strong>designated \u201cairport cities\u201d in Oman are projected to attract upwards of USD<\/strong> 800 mn in investments by 203<\/strong>0<\/strong>, the Oman Daily Observer<\/a> reports. A roadmap for the trio of airport cities \u2014 under early development at Muscat, Sohar, and Salalah \u2014 has been completed, head of Airport Projects at the Civil Aviation Authority Salim Al Harrasi said in a post<\/a> on LinkedIn. <\/p>\n

What\u2019s in store for Muscat?<\/strong> Muscat Airport City is the largest airport city under development and has already attracted more than USD 80 mn in investments \u2014 with projections to draw in upwards of USD 500 mn by 2030, Al Harrasi said. The project is reportedly slated to involve a logistics portal of about 200k sqm for air-freight services; a 1.1 mn sqm business district for airline headquarters; and an aviation zone covering roughly 166k sqm that includes terminal areas and former cargo facilities, the Omani outlet reported. <\/p>\n

<\/a> #4- <\/strong>Supply <\/strong>chain issues to cost airlines USD 11 bn this year: <\/strong>Persistent supply<\/a>chain challenges<\/a> facing airlines are expected to cost upwards of USD 11 bn in 2025, according to a report (pdf)<\/a> by the International Air Transport Association (IATA) and Oliver Wyman. These hurdles have resulted in a record backlog of 17k aircraft as of 2024, which is markedly higher than the average backlog of 13k aircraft per year between 2010 and 2019.<\/p>\n

A cost breakdown: <\/strong><\/p>\n