#Logistics

Menzies sets up cargo facility in Africa at MPM

Menzies Aviation expands presence in Africa with new cargo facility

Menzies Aviation has been operating at Maputo Airport since 2018, offering services like lounge management and ground handling

AD Ports Group refinances $Dhs2.5bn debt -Image-WAM

AD Ports Group refinances $2.25bn debt, cuts borrowing costs

The new facilities will give the group the flexibility to time its return to the debt capital markets in line with its stated strategy to utilise bonds as the predominant long-term funding vehicle

Dubai ranks among top 5 in global shipping index for 5th consecutive year

Dubai ranks among top 5 in global shipping index for fifth year

Dubai is the only Arab city among the top 20 listed in the 2024 International Shipping Centre Development Index

Etihad Rail, Trojan General Contracting seal haulage services deal

Etihad Rail, Trojan General Contracting seal haulage services deal

The rail operator will transport aggregates from Trojan’s quarries in Ras Al Khaimah and Fujairah to the Industrial City of Abu Dhabi and Dubai Industrial City

Ad Ports signs crane contracts with ZPMC image AD Ports Group

AD Ports awards crane contracts worth Dhs420m for Africa operations

The equipment will be deployed at its terminal projects in Pointe Noire, Republic of the Congo, and Luanda, Angola

Emaar The Economic City unveils SAR8.7bn COP, focuses on transformation

Emaar The Economic City unveils SAR8.7bn COP, focuses on transformation

The plan, developed based on extensive assessment and analysis, aims to provide a comprehensive solution to stabilise the company’s financial and operational platforms

WHy mastering end-to-end supply chains matters Image_GettyImages-1304027960 for illustrative purposes

Insights: Why mastering end-to-end supply chains matters

Mastering end-to-end networks is not a luxury, but a necessity for a stable and resilient global economy

AD Ports Group’s Noatum unveils new rail logistics solution

AD Ports Group’s Noatum unveils new rail logistics solution

The logistics firm plans to expand the service by increasing the number of weekly departures between Khalifa Port and Fujairah Terminals, depending on demand

AD Ports ranks among global top 20 port operators, reveals survey

AD Ports Group ranks among global top 20 port operators, reveals survey

The ranking is based on container throughput, an industry metric, with AD Ports Group reporting a 13 per cent YoY rise to 4.91 million TEUs in 2023

top indians

Most influential Indians in the region 2024

We profile some of the most iconic Indian business titans based in the Gulf, highlighting their journeys and achievements

BII to invest $35m in DRC port

UK’s BII invests $35m in Congo port project, boosts DP World tie-up

With a draft of 17.5 metres, the port will be capable of receiving large container vessels, ultimately reducing trade costs in the DRC by 12 per cent

Agility posts-Q3-2022-profit - July 16, 2022: HH Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates meets with Joe Biden, President of the US, during the Jeddah Security and Development Summit. Image: WAM

Agility Global reports Q2 net profit of $30m, growth across divisions

Agility subsidiary Menzies, the world’s largest aviation services provider by number of countries, reported $91m in Q2 EBITDA, marking a 27.6 per cent YoY rise

AD Ports Group completes acquisition of Tbilisi Dry Port, takes 60% stake

AD Ports completes acquisition of Tbilisi Dry Port, owns 60% stake

The state-of-the-art, rail-linked, and custom-bonded intermodal logistics hub in Georgia is scheduled to begin operations in October

Etihad Rail launches sustainable finance framework

Etihad Rail unveils sustainable finance framework in green push

The sustainable finance framework was developed in collaboration with First Abu Dhabi Bank and Standard Chartered Bank

AD Ports X

AD Ports Q2 net profit surges 42% to Dhs439m

AD Ports Group’s revenue more than doubled YoY to Dhs4.18bn in Q2, with the number touching Dhs8.06bn for H1,  a 108 per cent YoY increase

Yilport to invest $1.6bn in El Salvador ports

Turkey’s Yilport plans to invest $1.6bn in El Salvador ports

The new agreement will establish what is known as a “mixed-economy corporation,” which is not subject to the legal limit

LME approves Jeddah Port as warehouse delivery point

LME approves Saudi Arabia’s Jeddah Port as warehouse delivery point

The listing will become active three months after the first warehouse company has been approved in the new location

Bahri

Bahri’s profits soar by 48% in Q2 2024, boosted by higher shipping volumes

In H1 2024, the company achieved a 6 per cent YoY growth in revenues to SAR5.03bn

Bahri pulls out of bidding for Germany’s DB Schenker

Saudi Arabia’s Bahri drops out of race for Deutsche Bahn’s Schenker

The departure means state-owned Deutsche Bahn needs to lower its sights on proceeds because Bahri’s offer was the highest

food - Workers organise a watermelon stall at a fresh produce market in Dubai on March 21, 2023 ahead of the Muslim holy fasting month of Ramadan. (Photo by Karim SAHIB / AFP) (Photo by KARIM SAHIB/AFP via Getty Images)

Dubai to develop ‘world’s largest’ fresh food hub

The planned logistics hub aligns with the Dubai Economic Agenda (D33), which aims to double the size of the emirate’s economy to $8.7tn, by 2033

supply chains

FedEx MEA’s Taarek Hinedi shares key trends in logistics, expansion plans

The vice president of FedEx MEA Operations discusses the company’s strategic initiatives, including the new FedEx hub at Dubai World Central

Rare LNG vessel sails through Red Sea, data shows

Asya Energy is the first LNG tanker to sail through the Strait since January, when LNG voyages through the Red Sea were first suspended

Insights: How IT solutions are enhancing factoring and supply chain finance

Insights: How IT solutions are enhancing factoring and supply chain finance

Banks should invest in robust SCF solutions that offer comprehensive features for automating end-to-end factoring processes from uploading of invoices to settlement

AD Ports, Adani Ports and East Harbour invest in Tanzania

AD Ports, Adani Ports JV to acquire $39.5m stake in Tanzania container terminal

The container terminal has an annual container capacity of 1 million TEUs

DP World, Maalexi join forces to boost food security in the region

DP World, Maalexi join hands to boost food security in the region

Maalexi’s digital platform allows thousands of UAE-based SMEs to procure food and agricultural products more safely, quickly and cost-effectively

AD Ports to develop green methanol facility in Egypt

UAE’s AD Ports Group to develop green methanol facility in Egypt

The chemical compound is a promising alternative to fossil fuels in industries where decarbonisation is challenging

Noatum launches maritime services in Türkiye

AD Ports Group’s Noatum inaugurates maritime services in Türkiye

The new entity will serve as a port and liner agency, offering a comprehensive suite of maritime services tailored to meet the diverse needs of clients

AD Ports explores development of multi-purpose port in Bangladesh

The partnership between AD Ports Group and the Chittagong Port Authority is poised to further strengthen economic cooperation

Mina Al Hamriya expansion project completed by DP World Image DP World

DP World concludes major expansion of Mina Hamriya project

The enhancements will enable the handling of a wider variety of vessels from traditional dhows to Ro-Ro, bulk and container carriers

How DHL Supply Chain is supporting GCC’s logistics industry

Exclusive: Hendrik Venter on how DHL Supply Chain is supporting GCC’s logistics industry

The CEO for Europe Middle East & Africa (EMEA) tells us that the company is fostering its operations and logistics networks throughout the GCC region while leveraging its strategic partnerships