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AD Ports Group

Abu Dhabi’s AD Ports Group, SEG to create logistics cluster in Uzbekistan

AD Ports Group will establish its first foreign office in Uzbekistan to support the project

Yiwu market Dubai

Yiwu market: An ideal hub for affordable Chinese products opens in Dubai

DP World and the China Commodity City Group, which manages the world’s largest wholesale market in China, partnered to build Yiwu market in Dubai

AD Ports Group ranked in the top five of global efficiency index

AD Ports Group ranked in the top five of global efficiency index

The report cites the use of digital technology and green fuel alternatives as two of the major ways that countries are modernising their ports

Amazon Abu Dhabi Delivery Station

Amazon opens its largest delivery station in Abu Dhabi

The 4,700sqm delivery station is the second largest in the country and provides same-day and next-day deliveries to customers

Amazon startups

Amazon backs Saudi entrepreneurs to establish logistics startups

The programme aims to establish more than 30 new startups and create hundreds of job opportunities during the first three years

Cartlow

UAE’s reverse logistics platform Cartlow secures $18m funding

The investment will provide the company with the ability to further expand its operations and services in Saudi Arabia and the UAE

AD Ports Group

AD Ports Group to launch logistics and freight services in Uzbekistan

The joint venture with Enter Engineering Group will include sea, land and rail logistics, warehousing, contract logistics and customs clearance

DP World

Canada fund CDPQ to invest $5bn in DP World’s Dubai assets

The Montreal-based pension manager will take a 22 per cent stake in DP World’s Jebel Ali Port, Jebel Ali Free Zone and the National Industries Park

D/Quarters launched by TECOM

Tecom’s D/Quarters introduces next-gen workspace solutions to Dubai

As a collaborative community, D/Quarters will accommodate freelancers, entrepreneurs, SMEs and multinational corporations

IATA freight DWC

UAE’s ICP, IATA partner to enhance freight security

The UAE will be the first country outside of the US and the EU to implement a PLACI regime to create a more secure air cargo supply chain in the country

Logistics vertical_Jassem Busaibe CEO of Aldar Investments

Aldar Investment launches logistics real estate vertical

The newly launched logistics vertical will focus primarily on the UAE, with the potential to expand into Saudi Arabia and Egypt

Swvl

Swvl buys Turkish transit firm Volt Lines in latest deal spree

Volt Lines serves customers and corporate clients in Turkey with an alternative to public transportation and personal ride-hailing services

DP World sees gross volume growth of 1.9% in Q1 2022

Gross container volumes increased by 1.7 per cent y-o-y on a reported basis, with Asia Pacific, Middle East, Europe and Americas driving volume growth

Dubai Custom’s Logistics City Center clears Dhs1.6bn of goods in Q1 2022

The Dubai Logistics City Customs Center reported that it completed 48,000 transactions in the first quarter of this year

Aramex, what3words build on partnership to enhance last-mile delivery

What3words allows users to find, share and navigate to locations, anywhere in the world and the technology is available in 50 languages, including Arabic

Dnata Cologne Bonn Cargo Centre

UAE’s dnata expands global cargo operations by entering Germany

It has planned to acquire 100 per cent shares of Wisskirchen Handling Services, the exclusive operator of the Cologne Bonn Cargo Centre

Dubai ranked among top five global maritime hubs

AD Ports signs MoU to create UAE-Kuwait virtual trade corridor

The virtual trade corridor will help customs authorities in both countries access pre-arrival information for international cargo movements

Dubai Industrial City

Etihad Rail to build freight terminal at Dubai Industrial City

The 5.5 million sq ft terminal will have a capacity to handle 5 million tonnes

Container Ship

UAE’s AD Ports Group to manage operations at Egypt’s Ain Sokhna Port

A feasibility study will be conducted into the future development of Ain Sokhna Port to explore potential investment opportunities to enhance its capacity

Abu Dhabi’s ADQ, Turkey Wealth Fund launch $300m venture capital fund

The fund will invest in companies developing emerging technologies or improving existing ones in key sectors

Emirates SkyCargo to reinstate dual hub operations in Dubai

Emirates SkyCargo had consolidated its cargo operations at Dubai International Airport nearly two years back

UAE’s Cartlow and Eros partner to support digital decarbonisation

The partnership aims to increase the life cycle of products and reduce e-waste from entering landfills

Ajman free zone

Ajman Free Zone registers 1,792 new companies in 2021

Ajman Free Zone marked a 90 per cent rise in the occupancy rate of its rental units, which extend over 867,000 sq m

DP World’s Imperial acquires a controlling stake in Africa FMCG Distribution Ltd in Nigeria

DP World reports volume growth of 9.4 per cent in 2021

Spurred by the volume performance, DP World remains focused on increasing profitability while managing growth capex

AD Ports Group

Abu Dhabi-based Al Seer Marine invests Dhs1.2bn in AD Ports Group

With this investment, Al Seer Marine has received a 7.36 per cent stake in Abu Dhabi Ports

dnata amsterdam

UAE’s dnata invests over EUR200m to operate cargo facility at Schiphol airport

The dnata Cargo City Amsterdam is scheduled to become operational in 2024 and will be capable of processing over 850,000 tonnes of cargo annually

AD Ports Group signs multiple agreements for tourism and maritime enhancement projects in Jordan

It will be the first facility to be developed by AD Ports Group in the Hashemite kingdom of Jordan and its first cruise facility outside of the UAE

China’s ByteDance invests in Dubai-based logistics startup iMile Delivery

The fresh capital will support iMile’s plans to hire more engineers in China and invest in its technology

Revealed: Winners at the 2021 Gulf Business Awards

The awards lauded luminaries from across the region’s business ecosystem

WenChao Group to set up Dhs735m food manufacturing facility in Dubai

Construction of the more than 950,000 sqft facility in Dubai Industrial City will start in the first half of 2022