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US + UK and Houthis continue to exchange fire as more shippers divert away from the region
Author Archives: enterpriseam
Posted inTRUCKING
Masdar and Daimler Truck will explore the feasibility of shipping liquid green hydrogen to Europe
Masdar could be exporting green hydrogen to the EU via Germany by 2030 if the project proves feasible.
Posted inLOGISTICS HANDLING
UAE’s Gulfnav will begin using drones throughout UAE ports
eVtol outfit Wings Logistics Hub to provide drone services in various operations throughout UAE ports
Posted inINVESTMENT WATCH
Maqta Gateway inks shareholder agreement to provide Aqaba port with digital system
Maqta Gateway will have a 51% stake in the JV with ADC holding the remaining 49%
Posted inM&A WATCH
Agility’s Menzies Aviation nabs 50% of Hong Kong’s Jardine Aviation Services Group
The acquisition boosts Menzies’ footprint in Asia
Posted inREGULATION
Saudi Arabia’s ZATCA rolls out a blueprint for bonded zones and warehouses
Bonded zone licenses have a ten year expiry duration
Posted inEARNINGS WATCH
Al Seer Marine posts a loss for 2023 while GWC’s bottomline fell 10.28% y-o-y
Al Seer recorded a 10.8% increase in its topline for FY2023
Posted inDIPLOMACY
Oman and Cyprus look to strengthen economic cooperation, Iran and Turkey to jointly develop free trade zone
Oman + Cyprus look to finalize agreement slated to enhance maritime transport
Posted inALSO ON OUR RADAR
Tokai Optics is heading to SAIF, Red Sea Global is switching to biofuel, and Al Seer will work with Milanion on UGVs
ZONES- Tokai Optical to join SAIF Zone: Japanese eyeglass lens manufacturer Tokai Optical will lease a 400k sqm warehouse in the Sharjah Airport International Freezone (SAIF Zone) for AED 8 mn, after it inked an agreement with SAIF Zone on Sunday, the freezone said on X. The move marks the first phase of the company’s […]