{"id":89593,"date":"2025-10-15T00:00:00","date_gmt":"2025-10-15T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2025\/10\/15\/today-uaes-data-centers-capacity-forecast-to-triple-in-the-next-three-years\/"},"modified":"2025-10-15T00:00:00","modified_gmt":"2025-10-15T00:00:00","slug":"today-uaes-data-centers-capacity-forecast-to-triple-in-the-next-three-years","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2025\/10\/15\/today-uaes-data-centers-capacity-forecast-to-triple-in-the-next-three-years\/","title":{"rendered":"TODAY: UAE\u2019s data centers capacity forecast to triple in the next three years"},"content":{"rendered":"

Good morning, ladies and gents. <\/strong>We have another brisk read this morning, but not void of important news \u2014 led primarily by Emirates NBD\u2019s projection on UAE\u2019s data center capacity in the upcoming years. <\/p>\n

PLUS:<\/strong> Oman, Qatar could be supplying Iraq with LNG, and more aviation projects land in Morocco. <\/p>\n

HAPPENING TODAY-<\/p>\n

#1- The <\/strong>Marine Environment Protection Committee Extraordinary Session<\/a><\/strong> is on its second day and will run until this <\/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

#2- <\/strong>The <\/strong>Iraq International Transportation & Airports & Logistics Expo & Conference<\/a><\/strong> will<\/strong> open its doors today until Friday, 17 October<\/strong> in Baghdad. The expo \u2014 Iraq\u2019s first platform focused exclusively on transport and logistics services \u2014 is expected to feature over 100 exhibitors, including ports, aviation, road, and rail players as well as logistics tech firms. <\/p>\n

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WATCH THIS SPACE-<\/p>\n

<\/a> #1- <\/strong>Turkish<\/strong> Airlines might be dumping Boeing for Airbus: <\/strong>Turkey\u2019s flagship carrier Turkish Airlines is mulling switching its recently announced Boeing 737 Max jet order to Airbus aircraft if talks with engine supplier CFM grind to a halt, Chairman Ahmet Bolat told Reuters<\/a> last week. The Turkish carrier is in current discussions with CFM on costs \u2014 if no agreement is reached, Turkish Airlines is set to tap Airbus and engine manufacturer Pratt and Whitney for engine contracts for the A320neo line.<\/p>\n

Things were just looking up for the two\u2026:<\/strong> Turkish Airlines recently finalized a large order of 75 Boeing 787 Dreamliner jets<\/a> scheduled for delivery between 2029 and 2034.<\/p>\n

\u2026but it was expected: <\/strong>The order \u2014 while still major \u2014 wound up being much smaller than originally planned. Up to 150 737 Max jets \u2014 previously floated as part of the order \u2014 were missing from the finalized agreement. Boeing appeared optimistic, saying that it wrapped up negotiations with Turkish Airlines for up to 150 737 Max airplanes, but added that talks are still ongoing with CFM International over the engine component.<\/p>\n

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<\/a> #2-<\/strong> Iraq\u2019s <\/strong>Grand Faw Port draws int\u2019l appetite: <\/strong>The Iraqi government has received requests from international companies to establish facilities for handling iron, steel, and grain at Iraq\u2019s southern Grand Faw Port, General Company for Ports Director General Farhan Al Fartousi told the Iraq News Agency<\/a>. A specific request by one of the companies \u2014 none of whom were named \u2014 entails a grain handling station with a capacity of 3-4 mn tons, comprising silos and mills, Al Fartousi said.<\/p>\n

ALSO- <\/strong>Baghdad is working to establish a governmental authority to manage all projects related to its Grand Faw Port as well as its Development Road megaproject, Al Fartousi reportedly said. The government is also considering creating a private company under the Iraq Development Fund to enable easier investment in the country.<\/p>\n

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#3- <\/strong>Iran<\/strong>, Russia, and Azerbaijan have agreed to boost cargo traffic through their<\/strong> territories<\/strong>, Iran\u2019s Mehr News<\/a> reports, citing Russian Deputy Prime Minister Alexey Overchuk. The tripartite agreement aims to streamline cargo movement between the Barents and Baltic Seas and the Arabian Gulf, allowing countries to establish a common commodity market with accessible logistics.<\/p>\n

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MARKET WATCH- <\/p>\n

#1- Oil prices declined this morning as IEA projections of a 2026 surplus and US-China<\/strong> trade tensions worry investors<\/strong>, <\/strong>Reuters<\/a> reports. Brent crude futures declined USD 0.21 to USD 62.18 \/ bbl as of 04.25 GMT, while US West Texas Intermediate (WTI) shed USD 0.16 to trade at USD 58.54 \/ bbl. <\/p>\n

<\/a> What the IEA is penciling in: <\/strong>Global oil supply is set to surge by 3 mn bbl \/ d in 2025 \u2014 up from previous forecasts of 2.7 mn bbl \/ d \u2014 followed by another 2.4 mn bbl \/ d increase in 2026, according to the International Energy Agency\u2019s (IEA) latest monthly report<\/a>. The rise will be driven by higher production from Opec+ members and others outside the group. <\/p>\n

Supply is rising faster than demand:<\/strong> The IEA trimmed its forecast for world oil demand growth this year to some 700k bbl \/ d, 40k bbl \/ d lower than its previous estimate, citing weaker macroeconomic conditions. Consumption is expected to stay muted through 2025 and 2026, with annual growth averaging around 700k bbl \/ d. <\/p>\n

The IEA is signaling a growing supply glut<\/strong>, with global output in September already up by 5.6 mn bbl \/ d from a year ago \u2014 3.1 mn bbl \/ d of which came from Opec+. If current trends hold, global supply is estimated to exceed demand by some 4 mn bbl \/ d next year, compared to around 3.3 mn bbl \/ d last month. <\/p>\n

That\u2019s not what Opec said: <\/strong>In its monthly oil report<\/a>, the group kept its global oil demand growth forecast unchanged at 1.3 mn bbl \/ d for 2025 and 1.4 mn bbl \/ d for 2026 \u2014 almost double the IEA\u2019s \u2014 arguing that global supply is expected to match demand next year as the group continues to boost production.<\/p>\n

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#2- Baltic index continues to rise upwards:<\/strong> The Baltic Exchange\u2019s dry bulk sea freight index \u2014 which tracks rates for the capesize, panamax, and supramax vessel segments \u2014 slipped nearly 5.7%<\/a> to 2,022 points yesterday. The capesize fell by 11.4% to 3,007 points, while the panamax index climbed 0.5% to 1,815. The smaller supramax index increased 0.6%to 1,408.<\/p>\n

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PSA-<\/p>\n

Hapag-Lloyd to roll out PSS: <\/strong>Shipping giant Hapag-Lloyd will add a new peak season surcharge (PSS) of USD 250 (EUR 215) per 20-ft container and of USD 300 (EUR 260) per 40-ft container on all types of equipment headed to Dakar, Senegal, according to a statement<\/a>. The PSS will be effective starting 27 October for containers coming from the Middle East, Africa, Asia, Oceania, Europe, and the Indian Subcontinent. <\/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

Morocco will host the <\/strong>International Forum and Expo on Mobility, Transport, and Logistics (Logiterre)<\/a><\/strong> tomorrow through to 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

Egypt will host the <\/strong>TransMea Expo<\/a><\/strong> on Sunday, 9 November until Tuesday, 11 November<\/strong> in Cairo. The expo will host regional and international players in the transport industry to explore tech, new smart solutions and products for transport and logistics services. <\/p>\n

The UAE will host the <\/strong>Dubai Airshow<\/a><\/strong> on Monday, 17 November until Friday, 21 November<\/strong> in Dubai. The event will host over 1.5k exhibitors and 148k industry experts from over 150 countries, to discuss air mobility, new MRO breakthroughs, sustainable aviation, startups and new tech for aircraft simulations. <\/p>\n

Saudi Arabia will host the <\/strong>ShipTek International Conference and Awards<\/a><\/strong> on Tuesday, 18 November<\/strong> in Al Khobar. The conference will host policy makers, organizations, suppliers and experts on maritime, offshore and oil and gas. <\/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":89594,"comment_status":"","ping_status":"open","sticky":false,"template":"single-feature.php","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":[145,146,110,44,35,37,32,231,726,16],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-89593","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-aviation","tag-boeing","tag-data-centers","tag-investment-watch","tag-iraq","tag-ports","tag-trade","tag-turkey","tag-usa","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"9c04a81b-8cb3-41a4-b958-50fc334f2b82","order":"2","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2025\/6\/420.jpg","photo_position":"above","homepage_title":"","full_issue_title":"TODAY: 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