Logistics

16 agreements signed between Oman and UAE

Including an investment of $3 bn to set up railway linking Oman to UAE

Saudi non-oil exports jump to SAR 26.7 bn in July

Merchandise exports rose by 58.8% year on year

Middle East freighter fleet anticipated to reach 170 by 2041

Region's passenger traffic anticipated to increase by 4 percent yearly

Two nations threatened with food scarcity, rising public debt

Nothing available for consumers to buy in stores

Saudi plans to launch global initiative to attract supply chain companies

Initiative to also focus on forging partnerships with manufacturers from private sector

US-China chip war is overheating

Biden to hit China with broader curbs on U.S. chip and tool exports

Saudi unveils high levels of food self-sufficiency

Agricultural crop production increased to 4.77 mn tons

Investcorp leads $51 mn pre-IPO round in a logistics transportation firm

As part of the recently launched Investcorp Saudi Pre-IPO Growth Fund LP

Salik’s IPO starts September 13th, to sell 20% shares

The Dubai government will retain 80% following IPO

The world faces a double threat: food insecurity and debt distress

About 35 countries are experiencing a major food crisis

Famed tea brand triggers emergency complaint in Egypt

Demands to provide dollars to ensure tea imports

Amazon Web Services launches second region in the UAE

Greater choices to serve end users from data centers in the UAE

Is there a future for dark kitchens?

Restaurant-to-home delivery industry will be a $500 bln market globally

You can now add climate to global supply chain disruptions

Drought, flooding make water crossings impossible to navigate

Saudi’s non-oil exports hit SAR 30.1 bln in June

Oil exports jumped to SAR 117.7 bln, up from SAR 60.6 bln in 2021