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TRADE-
#1- The UAE’s DP World has opened 51 new freight forwarding offices across Asia Pacific, expanding its end-to-end supply chain services in the region, according to a statement released on Friday. The move looks to help businesses form resilient supply chains amid increasing geopolitical and economic uncertainty impacting global trade, says Asia Pacific CEO and Managing Director Glen Hilton. The offices offer a range of services including port handling, freight management for both ocean and air, customs clearance, bonded warehousing services, and order and origin oversight. All these services are accessible through the firm’s single digital window.
#2- Saudi date farmers, sellers, marketers, and buyers are now required to use a centralized platform for trading after the National Center for Palms and Dates launched a seasonal markets system. The new system, launched alongside the Environment, Water, and Agriculture Ministry, is designed to regulate and organize date trading by introducing more efficiency in the trading market and improving the availability and quality of data on the market, it said in a post on X. The kingdom produces around 1.7 mn tonnes of dates annually, and exports SAR 1.5 tn-worth of dates every year.
What’s the seasonal market system? The platform aims to provide all the stakeholders in the dates value chain with enough data about the sector, along with offering marketing and agriculture services. It links sellers, buyers and marketers together and allows them to conduct their business, sign contracts, and monitor payments and business progress online on a centralized portal. It also provides detailed guidelines on how sellers and buyers can conduct their transactions.
#3- The Abu Dhabi Chamber of Commerce and Industry has signed an MoU with the Benin Chamber of Commerce to boost bilateral trade and investment cooperation between the emirate and the West African country, Wam reported on Thursday.
REMEMBER- The Abu Dhabi Chamber plans to ink 100 partnerships with other chambers of commerce and business offices across MENA, Asia, Europe, Australia, Africa, and Latin America by the end of 2024.
LAST-MILE DELIVERY-
Dubai’s Sustainable City will see delivery robots delivering orders from restaurants and shops in its plaza area — within 30 minutes — starting this month, as part of a trial, according to a press release published on Thursday. The trial operations will launch with three autonomous on-demand delivery robots developed by Dubai Future Labs, with systems powered by Lyve Global.
OTHER STORIES WORTH KNOWING THIS MORNING-
- Yemenia Airways resumes flights to Egypt, Jordan, India: Yemen’s Yemenia Airways is resuming daily flights from Sanaa Airport to Cairo International Airport in Egypt and Queen Alia Airport in Amman, Jordan. It is also resuming two weekly flights to India. (Reuters)
