The shipping and logistics group’s revenue in the first three months of the year reached Dhs1.81bn from Dhs1.04 a year earlier
The company’s EBITDA increased 30 per cent to KD44m, and revenue grew 17 per cent
Set to open in mid-2025, the fulfillment centre located in the kingdom’s first special integrated logistics zone will serve as a flagship centre for the region
Sales representatives will be able to enhance customer partnerships via customisable smart data accessible through a digital sales tool the carrier is co-developing with Rotate
The acquisition of the new vessels is part of the company’s expansion strategy that is aimed at broadening its portfolio of services
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More than 22,000 companies and over 41,000 employees are based in Dubai Integrated Economic Zones
The company will charge Dhs15 for its on-demand delivery service and plans to run promotions for consumers that sign up for the service
The multi-currency facility, equivalent to around $2bn, includes three tranches amounting to EUR600m, $620m, and Dhs2,863m with a tenure of up to 2.5 years
The merger has created Abu Dhabi’s largest integrated staff accommodation company
The initial phase of the terminal is fully leased to Mzahim Investment, a subsidiary of Essa Al Ghurair Investments of the UAE
The company’s investments in 2022 totalled $320m despite slowing demand for logistics services due to the global economic challenges
The ports operator will develop projects in the ports of East Port Said, West Port Said and Al Areesh
The new partnership will accelerate Al Naboodah Group’s business-to-business trade, providing visibility of its products at the click of a button
The kingdom is exercising concerted efforts to infuse a digital-first approach
The logistics firm said the broadening of strategic partnerships and monetisations of its assets in 2022 strengthened its balance sheet
AD Ports said the venture will offer a range of digital solutions to boost service integration and efficiency in Uzbekistan’s logistics market
The collaboration will see the integration of Masary, an e-gate pass system by Dubai South, with dnata’s Appointment & Dock Management system
Mawani said the logistics park is expected to further boost its role as a key player in the national transportation ecosystem
Located in Agility Logistics Park, the facility is equipped with over 250 autonomous robots
Etihad Cargo maintained a delivered-as-promised rate of 86.6 per cent, a 2.6 per cent improvement compared to the previous year
The group’s total assets increased to Dhs16bn, an increase of 24 per cent compared with total assets at December 31, 2021
The key to this opportunity is a seamless cross-border trade network, a dependable logistics partner, and an ecosystem that will empower SMEs to succeed
AD Ports Group’s new agreements in Angola, including the JV with UNICARGAS have the potential to significantly boost Angola’s maritime industry
Maersk will deploy two of its solutions for customers moving their cargo through Jebel Ali
The kingdom’s trade gateways also welcomed 933,000 passengers in 2022, a 36 per cent spike from 2021 when 688,000 passengers arrived in the country
Throughout 2022, AD Ports Group has continued to build its global presence, signing agreements with port authorities and partners globally
The new joint venture will provide offshore services as well as crude transportation for energy companies operating in the Caspian Sea and the Black Sea
Covering a total land area of 450,000 square metres, the park will have state-of-the-art facilities to support storage and handling, processing, and fabrication activities
Hassana will hold its economic interest in a stake of approximately 10.2 per cent in three UAE assets of DP World