{"id":92752,"date":"2026-01-27T00:00:00","date_gmt":"2026-01-27T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2026\/01\/27\/today-ibnsina-pharmas-logistics-operation-secures-ebrd-backing\/"},"modified":"2026-01-27T00:00:00","modified_gmt":"2026-01-27T00:00:00","slug":"today-ibnsina-pharmas-logistics-operation-secures-ebrd-backing","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2026\/01\/27\/today-ibnsina-pharmas-logistics-operation-secures-ebrd-backing\/","title":{"rendered":"TODAY: Ibnsina Pharma\u2019s logistics operation secures EBRD backing"},"content":{"rendered":"

Good morning, friends. <\/strong>The news cycle has slowed down a little, and we have a brisk read for the day, led by news of the EBRD's financial backing for Egypt\u2019s Ibnsina Pharma\u2019s logistics infrastructure. <\/p>\n

PLUS: <\/strong>We also take a look at how the shipping industry fared in terms of schedule reliability in 2025. The picture is complex, with geopolitical disruptions and network optimization courtesy of shipping alliances like Gemini telling a tale of two cities for the industry.<\/p>\n

But first, <\/strong>we take a look at the latest funding round backing an autonomous logistics player abroad\u2026<\/p>\n

\n

The big logistics story abroad<\/p>\n

Another <\/strong>funding for an autonomous logistics startup <\/strong>is making the rounds.<\/strong> China-based heavy trucking tech startup DeepWay Tech<\/a> secured USD 173 mn<\/a> in funds ahead of a planned IPO on the Hong Kong stock exchange. The backing came from Singapore-based ABC Capital, as well as China-based Lenovo Capital, Puhua Capital, and battery maker Sunwoda Electronic. <\/p>\n

We are keeping tabs on the autonomous logistics sector this year<\/strong>, as more players line up expansion plans through fundraising rounds and IPOs. We know that Swedish autonomous and e-trucking player Einride (USD 1.8 bn valuation) is looking<\/a> at a possible IPO this year, and that the US-based drone delivery startup Zipline (USD 7.6 bn valuation) will expand operations using the USD 600 mn funds<\/a> it raised last week. <\/p>\n

FROM THE TRUMP LAND- The US <\/strong>will hike<\/a><\/strong> tariffs on South Korean autos, lumber, and <\/strong>pharma from 15% to 25%<\/strong>, with the US President Donald Trump blaming Seoul\u2019s legislature for not implementing a trade agreement reached last November<\/a>. The move strains Washington\u2019s relationship with a major trade partner, as South Korea ranks among the top 10 sources<\/a> of imports to the US, with over USD 150 bn worth of Korean goods heading to the US every year.<\/p>\n

\n

Watch this space<\/p>\n

<\/a> DISRUPTION WATCH \u2013\u2013<\/strong> Analysts are on the lookout after the Houthis affirmed their<\/strong> commitment to defend Iran<\/strong> in a statement released amid rising US-Iran tensions following the Pentagon\u2019s announcement that it was deploying naval assets to the region. The Yemeni militant group also issued a video statement (watch, runtime: 00:17)<\/a> showing their attacks on ships in the Red Sea and Gulf of Aden. <\/p>\n

IN CONTEXT- <\/strong>This comes as shipping companies cautiously test<\/a> a return to the Red Sea, but the French giant CMA CGM recently signaled caution after it said it will reroute vessels on its French-Asia Line 1, French-Asia Line 2, and Mediterranean Club Express back through the Cape of Good Hope.<\/p>\n

^^Dig deeper: We sat down<\/a> with the head marine analyst at EOS Risk Group in December to get his assessment on the Houthis risk profile as shippers were testing their Red Sea return. <\/p>\n

\n

\n

<\/a> <\/strong>RAIL<\/strong> \u2013\u2013 Syria\u2019s freight rail is back on the map? <\/strong>The rail freight line connecting Lattakia Port to Aleppo city is back online after it departed<\/a> from the port on Sunday, carrying grain cargo. The trip marks the first run on the corridor after a 15-year suspension. <\/p>\n

This<\/strong> only matters if it becomes regular: <\/strong>Syria still suffers from worn infrastructure and a locomotive shortage, so a consistent freight return depends on whether ongoing track work and locomotive rehabilitation translate into reliable service frequency.<\/p>\n

\n

\n

<\/a>Stargate UAE gets a price tag:<\/strong> Abu Dhabi\u2019s flagship 5 GW Stargate UAE data center<\/a> will cost USD 30 bn to develop, The National<\/a> cites AI Minister Omar Al Olama. The revised figure is roughly 50% higher than last year\u2019s USD 20 bn estimate, reflecting the scale and cost of sovereign AI infrastructure.<\/p>\n

REMEMBER- Stargate is coming sooner: <\/strong>We reported earlier that G42\u2019s buildout is accelerating, with the first 200 MW<\/a> due online \u201cin the next couple of months,\u201d followed by 200-500 MW per quarter, alongside incoming advanced US chips under security guardrails \u2014 pulling timelines forward from earlier guidance that pointed to 3Q 2026<\/a>.<\/p>\n

\n

\n

AVIATION \u2013\u2013<\/strong> Air <\/strong>Cairo\u2019s first commercial flight <\/strong>touched down<\/a><\/strong> at Amman City <\/strong>Airport on Friday <\/strong>\u2013\u2013 becoming the second known low-cost carrier (LCC) to line up services at the airport and the airport\u2019s first scheduled flight. The Cairo-based LCC is slated to run two flights a week. <\/p>\n

In line with Jordan\u2019s strategy for the airport: <\/strong>Airport operator Jordan Airports Company is positioning the airport as a low-cost, short-haul alternative to Queen Alia International Airport, with the aim of handling 1 mn passengers annually. The strategy involves offering cheaper fees to attract budget carriers seeking lower operating costs on domestic and regional feeder routes.<\/p>\n

\n

Market watch<\/p>\n

Oil prices fell this morning as resumed production in Kazakh fields outweighed <\/strong>weather-driven <\/strong>disruptions in the US production<\/strong>, Reuters<\/a> reports. Brent crude futures were down USD 0.44 to trade at USD 65.15 \/ bbl as of 04:40 GMT, while US West Texas Intermediate (WTI) decreased by USD 0.35 to USD 60.28 \/ bbl. <\/p>\n

From Opec+ land: <\/strong>The oil-producing bloc is set to keep its pause on oil output increases through March at a meeting on Sunday, delegates told Reuters<\/a>. Opec+ froze planned hikes after a rapid unwinding of production cuts through last year \u2014 effectively holding supply flat for 1Q.<\/p>\n

The expectation within the group is<\/strong> that policy stays unchanged, though some members <\/strong>caution that discussions have yet to formally begin<\/strong>, four delegates told Bloomberg<\/a>. There is no sense so far that this month\u2019s turbulence in Venezuela or Iran requires a response, one source said, while another flagged the caveat \u2014 a serious supply disruption could change the math fast and push Opec+ to open the taps.<\/p>\n

\n

The<\/strong> Baltic Index rises: <\/strong>The Baltic Exchange\u2019s dry bulk sea freight index \u2014 which tracks rates for the capesize, panamax, and supramax vessel segments \u2014 <\/a>rose 1%<\/a> to 1,780 points on Monday. The capesize gained 1.7% to 2,626 points, while the panamax index remained steady at 1,612. Meanwhile, the smaller supramax index added 9 points to hit 1,035. <\/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","protected":false},"excerpt":{"rendered":"

What we\u2019re tracking this morning regionally and around the world<\/p>\n","protected":false},"author":1,"featured_media":92753,"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":[980],"tags":[126,49,17,121,123,356,129,16],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-92752","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today-2","tag-disruption-watch","tag-egypt","tag-enterprise-logistics","tag-rail","tag-shipping-maritime","tag-syria","tag-uae","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"79db159c-acdf-4144-a565-cc2b8f83a079","order":"2","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2026\/1\/1081.jpg","photo_position":"above","homepage_title":"","full_issue_title":"TODAY: Ibnsina\u2019s logistics operation secures EBRD backing","related_issue":[92750],"teaser":"What we\u2019re tracking this morning regionally and around the world"},"yoast_head":"\nTODAY: Ibnsina Pharma\u2019s logistics operation secures EBRD backing - 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