Construction UAE’s dnata breaks ground on $14m cargo warehouse in Iraq By Pramod Kumar January 5, 2023, 5:14 AM WAM The cargo warehouse is scheduled for completion in September 2024 UAE-based global air and travel services provider dnata has broken ground on its new 20,000 square metre cargo warehouse at Erbil International Airport (EBL). The facility, which is scheduled for completion in September 2024, represents an investment of $14 million and will create up to 50 additional direct jobs with dnata in Iraq, state-owned WAM news agency reported. “Our new facility will incorporate cutting-edge technologies and the latest carbon reduction initiatives in design and operation, ensuring the highest level of operational and environmental efficiency for our customers,” said dnata’s senior vice president for UAE and Iraq airport operations, Jaffar Dawood. dnata’s newest cargo facility will be capable of processing 100,000 tonnes of cargo annually, including perishables, pharmaceuticals and dangerous goods. The latest expansion follows the opening of a new, advanced cool chain facility and a bus maintenance facility in 2022 at EBL. The company currently provides ground handling and cargo services at the airport to over 25 airlines, with a team of more than 400 aviation professionals. In recent years, dnata has also made strategic investments in new cargo facilities in London and Manchester (UK), Karachi and Lahore (Pakistan), and additional cargo capacity and infrastructure in Brussels (Belgium), Sydney (Australia) and Toronto (Canada). In January 2022, the company announced an investment of over €200 million in one of the largest and most advanced cargo facilities, dnata Cargo City Amsterdam, at Schiphol Airport in The Netherlands. Dnata’s revenue doubled year-on-year to $2 billion in the half-year results announced in November, helping its profit to surge to $64 million from $23 million, despite EBITDA growing by a more modest 10 percent to $175 million. The company, which is part of the Emirates Group, operates in over 120 airports in 19 countries around the world.
Logistics Shipping giants not yet ready to resume Red Sea route Two shipping giants said on Friday that they are in no rush to resume routes through the Suez Canal after a Yemeni militia announced earlier this week it will scale back hostilities against vessels transiting through the Gulf of Aden and Red Sea if the ceasefire in Gaza holds. Danish shipper Maersk and Abu Dhabi […] 2 hours ago
Food & Drink Americana acquires Pizza Hut business in Oman Americana Restaurants, the largest food service business in the Mena region, has acquired the Pizza Hut brand in Oman from the Khimji Ramdas Group. The restaurant operator said the acquisition includes 46 Pizza Hut restaurants which had an annual revenue of approximately $11 million in 2024. The additional outlets increase its Pizza Hut restaurants across […] 1 hour ago
Business of Sport NBA’s LeBron James joins PIF-backed electric raceboat series Lebron James, the NBA basketball star, has signed up as team owner in the UIM E1 World Championship, the all-electric raceboat series. James was named as owner of Team AlUla, named after the ancient oasis city in Saudi Arabia, ahead of the start of the 2025 season on Saturday in Jeddah. The championship, now in […] 52 mins ago
Business of Sport Saudi Arabia in talks to host MMA facility at Qiddiya Saudi Arabia has been identified as a potential host for a multi-use mixed martial arts facility akin to the Ford Center at The Star in the US, the head of MMA organisation the Professional Fighters League (PFL) has said. The Star is a partnership between the city of Frisco in Texas and the Dallas Cowboys […] 28 mins ago