Opinion New port plans for Sudan need wider consultation The UAE's plan to invest $6bn in a second port in Sudan has been met with some resistance July 1, 2022
DP World port deal set to boost UAE’s trade with Romania Dubai’s DP World has signed a deal to develop infrastructure at the Black Sea port of Constanta, in a move designed to boost bilateral trade relations between Romania and the UAE. The agreement between the Romanian government, Dubai’s Ports, Customs and Free Zone Corporation (PCFC) and port operator DP World will also expand cooperation in […] June 29, 2022
Logistics Abu Dhabi incentives tipped to relieve squeeze on factory space Analysts have welcomed Abu Dhabi’s plan to launch an incentives package aimed at the industrial sector, including discounts on electricity bills and land purchases. Mohamed Ali Al Shorafa Al Hammadi, chairman of the Abu Dhabi Department of Economic Development, unveiled the package last week, ahead of its launch in July. The scheme also includes a […] June 29, 2022
UAE to build port in Sudan as part of $6bn investment package The United Arab Emirates will build a new Red Sea port in Sudan, as part of a $6 billion investment package, said DAL group chairman Osama Daoud Abdellatif, a partner in the deal which marks the first major foreign investment since the military took power in an October coup. Abdellatif said the package includes a […] June 21, 2022
UAE’s DP World to operate logistics park at Jeddah Port DP World is to operate a logistics park at the Saudi Arabian port of Jeddah, according to the kingdom’s port authority which on Monday invited media to the contract signing on June 19. The invitation said it was DP World’s first logistics park in Saudi Arabia. DP World, owned by the government of Dubai and […] June 14, 2022
Turkish delivery company Getir to cut 14% of staff Turkish fast grocery delivery company Getir plans to cut 14 percent of its staff globally, a source with knowledge of the matter told Reuters. Founded in 2015, Istanbul-based Getir operates in around 50 cities across seven European countries, the United States as well as all major cities in its home country. The source said the […] May 26, 2022
UAE to operate ground services at three Afghan airports The United Arab Emirates has won a contract to operate ground services at three airports in Afghanistan, UAE presidential adviser Anwar Gargash said today on Twitter, confirming an announcement made earlier by the Taliban. Turkey and Qatar were also competing for the contract and had sent technical teams to help airport operations and security after […] May 25, 2022
Energy ‘Ghost armada’ tankers go dark to ship sanctioned Iranian oil The "ghost armada" tankers are busier than ever, and shipping bigger cargos. They mostly supply Asian markets, according to analysts May 12, 2022
Gulf delivery companies innovate to go the last mile How logistics companies in the Middle East are investing in technological upgrades to meet consumer demand for ever faster deliveries Today’s consumers increasingly expect cheap—or, better still, free—and fast delivery, especially in e-commerce, food and retail industries. In response, companies are investing to improve efficiency and cut costs in order to fund their shipping logistics. […] May 9, 2022
