The deal implies an enterprise value to EBITDA ratio of around 3.5x based on the company’s last twelve months performance to August 2023
The vice chairman of Agility shines the spotlight on the company’s growth and sustainability strategies, and how the company is supporting SMEs and fair trade
The state-owned firm has undertaken substantial investments spanning multiple countries across the globe
Dubai is the only Arab city on the Index that features 20 of the world’s most prominent international maritime centres
At Expo City Dubai, Kuehne+Nagel will be the sole ground handler for all logistics activities on-site, like building country pavillions and stages for panel discussions
The two entities agreed to leverage AD Ports’ cargo handling and storage infrastructure to advance urea and ammonia storage and shipping capabilities
The zone will be operated by SPARK Logistics, a JV between SPARK and Hutchison Ports and will handle ten million metric tonnes of cargo
The partnership will aim to enhance supply chain solutions in Turkey
The kingdom will build 59 logistics centres with a total area of more than 100 million square meters
DP World currently operates five container terminals in India – two in Mumbai, one each in Mundra, Cochin and Chennai
The group’s net profit increased by 3 per cent year-on-year to Dhs310m in Q2 2023
The company’s profit in the first six months to June 30 rose by 2.3 per cent to KWD29.4m
Smart technologies can unlock the potential data dividend in every link in the supply chain
Sustainability and supply chain resiliency are expected to reshape the global business environment
Qusai Kankazar, chief operations officer of AD Ports’ Logistics Cluster, tells us how the group is growing its global presence while bolstering its regional operations
Robotics automation can digitalise workflows and improve human productivity
Taarek Hinedi, vice president of FedEx Express Middle East and Africa operations, showcases why the company is a pioneer in express transportation
An anticipated annual capacity of up to 4 million tonnes of Jindal’s materials and products will be transported via the Oman-UAE rail network
Etihad Cargo has partnered with Wallenborn Transports, offering seamless connectivity between its European gateways and Wallenborn’s network of airports in 27 countries
The landmark deal brings together two major industry players to form a global powerhouse in the trade and logistics industry
The hub will be operated by SAFEEN Drydocks and will be fully equipped to accommodate a range of vessels
The expansion and enhancement of Port of Karachi are expected to further cement its position as a key player in the maritime industry
The companies will look at enhancing operational efficiency through optimal inventory management and delivery solutions for its customers
The new shipyard fabrication facility will cater for drilling rigs and marine assets as well as deep water vessels such as FPSO
ADNOC L&S expects to increase the annual dividend per share by at least 5 per cent per annum
The facility spans 390,000 square feet across five floors – approximately the size of five football fields
The Saudi SEZs offer competitive corporate tax rates, exemption from customs duties on imports, production inputs, machinery and raw materials, and 100 per cent foreign ownership of companies
The port’s cargo column saw an addition of 19.33 per cent to the 2022 volume to achieve about 5,261,883 tons
Land and related services from KEZAD will be allocated for the ‘Mega Hub’, in addition to the development and management of a high-tech handling facility at Khalifa Port
When completed, the port will operate at net carbon zero levels with 100 per cent renewable energy at source