#Logistics

Dubai’s Aramex in discussions to acquire Turkey’s MNG Kargo

Discussions are still in the early stages

Dubai Metro Tram

Keolis-MHI takes over operations and maintenance of Dubai Metro and Tram

The new contract between the Roads and Transport Authority and Keolis-MHI covers a period of 15 years

Dubai trade port

Dubai ranks fifth globally in the International Shipping Centre Development Index

The top four destinations include Singapore, London, Shanghai and Hong Kong

DHL Global Forwarding _ Amadou Diallo _ CEO of DHL Global Forwarding Middle East & Afria

Digital innovation in logistics sector is the key to success

The symbiosis of algorithms and humans will create a significant opportunity to improve supply chains

DP World

Dubai’s DP World reports 17.1% volume growth in Q2 2021

Jebel Ali in the UAE handled 3.4 million TEU in 2Q2021, up 4.2 per cent year-on-year

Dubai’s pharmaceuticals, medical supplies trade up 31% in Q1

Trade volumes also grew during the period to reach 48,600, up 47 per cent year-on-year

Dubai’s DP World acquires US-based logistics provider

The transaction is subject to customary completion conditions

Fujairah Terminals

Abu Dhabi Ports opens expanded Dhs1bn Fujairah Terminals project

The terminal’s general cargo throughput will increase to 1.3 million tonnes and container capacity to 720,000 TEU

Abu Dhabi Khalifa Port

Abu Dhabi Terminals partners with Microsoft for AI-enabled container tracking solutions

The new technology will ensure 100 per cent traceability of containers, as well as the potential to launch an autonomous vehicle system

Dubai’s DP World appoints new CEO for UAE region

Abdulla Bin Damithan replaces Mohammed Al Muallem, who has been promoted to executive vice president

Aramex

Dubai-headquartered Aramex’s CEO Bashar Obeid resigns

He resigned on April 29 citing “personal reasons”

How has the pandemic impacted the MENA’s logistics sector?

It seems inevitable that supply chains will be different not only in the short term but well into the foreseeable future

DP World

Dubai’s DP World reports 10% volume growth in Q1 2021

DP World Limited handled 18.9 million TEU across its global portfolio of container terminals in the first quarter of this year

E-commerce freezone Dubai CommerCity opens new facilities as part of first phase launch

The new facilities include office spaces as well as e-commerce logistics units and multi-client warehouses

Tristar pulls Dubai IPO as investors push back on valuation

Tristar’s IPO was slated to be the second listing in three years on the Dubai Financial Market

Logistics firm Tristar sets price range for second Dubai IPO in three years

The company plans to offer up to 24 per cent of its shares in the IPO

Suez Canal authorities say backlog of ships is now cleared

Overall, 422 vessels passed through since the tanker was freed on March 29

Container ship Ever Given is seen at the Suez Canal on March 28, 2021

Giant ship blocking Suez Canal ‘partially refloated’

Ever Given has been stuck since Tuesday, causing a backlog of hundreds of ships and snarling global supply lines

International Women’s Day: breaking down barriers in industry

How women can thrive in traditionally inhospitable sectors

Dr Shereen Nassarer Heriot-Watt University Dubai

Covid-19 vaccine: How to rise to the century’s biggest supply chain challenge

From transportation and logistics to temperature-controlled storage and technology-backed innovations, here’s how countries around the world can successfully meet the immense challenges in distributing Covid-19 vaccines

Two endangered Himalayan brown bears relocated from Pakistan to Jordan

DHL managed the logistics of flying the animals with help from veterinary specialists Four Paws

Abu Dhabi

Bahrain scores high in cost-effective supply chains

FDi says Bahrain is competitive in construction permits, energy prices, and taxes

Smart Solution Logistics

DP World’s Smart Solution Logistics signs agreement with Israel’s Allalouf Logistics

The logistics sector’s contribution to the UAE’s GDP is projected to increase by 8 per cent in 2021

Digitising the supply chain key to post-Covid economic recovery

Webb Fontaine using AI to streamline port and customs operations

Digitalisation of oil and gas could unlock up to $2.6 trillion by 2025: DHL

Growth is expected to be subdued until at least till end 2021, report says

Abu Dhabi’s Hope Consortium expands reach via four key partnerships

The four companies cover 80 per cent of the world’s countries and transported over four million tons of air freight cargo globally last year

Covid-19 vaccine: Are logistics groups ready to save the world?

The behemoth task of delivering billions of coronavirus vaccines worldwide lies ahead for logistics firms, writes Bloomberg columnist Chris Bryant

Investment lessons: Outbound Middle East capital seeks emerging asset classes

The considerable levels of dry powder available across the Middle East is expected to target diversification opportunities and long-term higher returns

Abu Dhabi Hope Consortium

Abu Dhabi’s Hope Consortium to facilitate worldwide distribution of Covid-19 vaccine

The consortium will be able to handle the logistics for over six billion doses of the vaccines manufactured around the world – whether in single or multi doses – in cold and ultra-cold conditions in 2021

UAE startup Quiqup closes over $5.5m in funding to pursue expansion

Quiqup is currently working with more than 800 brands in the UAE