HAU to develop an off-port terminal in KAEC: Egyptian energy and infrastructure leader Hassan Allam Utilities (HAU) has signed a strategic partnership agreement with Saudi-based Nesma Holding’s logistics subsidiary Defaf United for Logistics to invest in and develop an advanced off-port terminal in King Abdullah Economic City (KAEC), the company said in a statement (pdf). […]
Author Archives: enterpriseam
Talabat share price falls after strong IPO
Delivery Hero’s Middle East unit Talabat is the latest to see its shares drop on their debut, with shares falling 6.9% to AED 1.49 yesterday, Bloomberg reports, reversing earlier gains of up to 7.5%. Delivery Hero’s shares also took a hit, losing as much as 12% in Frankfurt. REMEMBER- The company raised over USD 2 […]
Milaha + ASSC ink long-term agreement for eco-friendly container vessels
Milaha will deploy two ships — dubbed MV Spirit of Kolkata and MV Spirit of Chenna — on the Arabian Gulf and the Indian Subcontinent services
TODAY: Talabat dips on the DFM + Hassan Allam Utilities to build an off-port terminal in Saudi
What we’re tracking this morning regionally and around the world
DECEMBER10-11 December (Tuesday-Wednesday): Rail Industry Summit, Casablanca, Morocco.10-12 December (Tuesday-Thursday): Middle East Business Aviation, Dubai, UAE.20 December (Wednesday): The Iran-Senegal Joint Economic Cooperation Commission, Dakar, Senegal.JANUARY 202520-24 January (Monday-Friday): World Economic Forum Annual Meeting, Davos, Switzerland.27-29 January (Monday-Wednesday): World Cargo Summit, Ostend, Belgium.28-29 January (Tuesday-Wednesday): Green Shipping Summit, Rotterdam, The Netherlands.29-30 January (Wednesday-Thursday): ShipTek International […]
Aviation, trade, shipping and project updates from KSA, Egypt and UAE
Stories on our radar this morning from around the region
Container shipping firms are future-proofing their orderbooks with a green push
Container shipping firms are now at the vanguard of the green push