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THE BIG LOGISTICS STORY-New logistics parks in Egypt: Egyptian development firm Hassan Allam Holding subsidiary Hassan Allam Utilities has formed a joint venture — dubbed Yanmu — with Kuwaiti warehousing and industrial developer Agility to set up and operate logistics parks in Egypt. WATCH THIS SPACE- More low-sulfur marine fuel refineries to come to Fujairah? […]
Author Archives: enterpriseam
Posted inZONES
Hassan Allam Utilities, Agility to build logistics parks in Egypt
Hassan Allam Utilities + Agility to build logistics parks in Egypt: Egyptian development firm Hassan Allam Holding subsidiary Hassan Allam Utilities has formed a joint venture — dubbed Yanmu — with Kuwaiti warehousing and industrial developer Agility to set up and operate logistics parks in Egypt, the companies said in a joint press release (pdf). […]
Posted inZONES
DP World to develop new air cargo logistics hub in the Dominican Republic
The hub will include a logistics center and infrastructure platforms for air, land and sea cargo
Posted inSHIPPING LINES
CMA CGM Group to launch new service connecting Bangladesh to Gulf markets
French container shipping giant CMA CGM Group is launching the first direct shipping line connecting Bangladesh to Gulf markets, according to a company statement. BIGEX will connect Bangladesh to Jebel Ali port on the southern outskirts of Dubai, as well as Nhava Sheva and Mundra in India. BIGEX will begin sailing from the port of […]
Posted inSHIPPING LINES
King Abdulaziz Port now has a trade route linking it to the Indian subcontinent
The Saudi Ports Authority (Mawani) has linked the King Abdulaziz Port in Dammam to the Indian Subcontinent with a new shipping route, the Indian Subcontinent Mediterranean Express (IMX) service, according to a company statement. The IMX service is run by a consortium of Unifeeder, the largest feeder and shortsea network in Europe, Qatar-based logistics and […]
Posted inPORTS
Iraq eyes operation + management proposals from int’l firms for Faw port
The Iraqi government is looking to court proposals from foreign companies for the management and operation of the Grand Faw Port, Iraqi Prime Minister Mohammed Shia al Sudani said during a visit to the port, according to a statement. The country’s Transport Ministry will soon be looking to attract proposals from neighboring countries and countries […]
Posted inTRADE
Jordan launches new 2023-2025 export strategy
Jordan’s national exports strategy is here:Plans to implement Jordan’s new exportstrategy will be finalized by the end of the month, Jordanian Trade Minister Youssef Al Shamali said, according to the country’s state news agency Petra. Al Shamali did not disclose further details on what the strategy entails. The details: The strategy aims to boost and […]
Posted inINVESTMENT WATCH
Shipsy to invest USD 10 mn in the region + to help boost regional SMEs’ logistics operations
Logistics startup Shipsy is investing USD 10 mn in the region: Logistics management platform Shipsy is investing USD 10 mn over the next five years to develop technology innovation and R&D, the company said in a statement, without clarifying in which countries it will pour its investments. The goal: To boost regional companies’ supply chain […]
Posted inDIPLOMACY
UK + GCC take a step towards free trade agreement. PLUS: Denmark + Egypt Iraq + Iran deepen trade ties
The UK and the GCC took a step towards boosting trade relations during their third round of trade negotiations,The National reported yesterday. Saudi Arabia agreed to remove a trade barrier and open up its market to British honey firms in a move estimated to net UK businesses some GBP 6 mn over five years. Meanwhile, […]