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Logistics
Egypt
Egypt imposes highest increase to customs dollar in September
Up to 19.31 pounds
Bahrain
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
Logistics
Salik’s IPO starts September 13th, to sell 20% shares
The Dubai government will retain 80% following IPO
Logistics
The world faces a double threat: food insecurity and debt distress
About 35 countries are experiencing a major food crisis
Egypt
Famed tea brand triggers emergency complaint in Egypt
Demands to provide dollars to ensure tea imports
Logistics
Amazon Web Services launches second region in the UAE
Greater choices to serve end users from data centers in the UAE
Logistics
Is there a future for dark kitchens?
Restaurant-to-home delivery industry will be a $500 bln market globally
Logistics
You can now add climate to global supply chain disruptions
Drought, flooding make water crossings impossible to navigate
Logistics
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
Bahrain
Saudi leads countries receiving Bahraini exports of national origin
Exports jumped 29% to $1.17bln in July
Logistics
For the first time, UAE non-oil foreign trade exceeded 1 trillion dirhams in H1
Climbing by 17% compared to same period in 2021
Logistics
DP World first-half profit jumps 52% to record $721 mn
Driven by growth in cargo
Kuwait
Kuwait Agility’s Q2 net profit plunges to $52 mn
Drop attributed to inclusion of results of discontinued operations
Logistics
Top 10 wheat producing countries in the world in 2024
Ukraine ranks last in the list of top 10 wheat-producing countries globally
Logistics
Wheat shipments start next week and insurance companies await
There is uncertainty about how quickly any new crop can be harvested
Logistics
Saudi, Qatar open Salwa crossing to accommodate World Cup fans
Protocols for entry of football fans to be proposed during sporting event
Egypt
Egypt’s Suez Canal establishes EG 2-billion independent fund
To confront crises and emergencies in the country
Kuwait
Kuwait’s HEISCO awarded $296 mn government contract
Project involve developing steam turbines at Al-Subiya power plant
Egypt
Oil tankers bring Suez Canal revenues to highest level in its history
2103 ships crossed from both directions in July
Logistics
First grain ship to depart from Ukraine’s Odesa to Lebanon
More ships will be launched successively
Logistics
UAE: Amazon Prime Members saved the biggest this year
Over 300 mn items were purchased by Prime members worldwide
Logistics
Lebanon leaning to lift wheat subsidies amid severe loaf crisis
Approval of $150 million World Bank wheat supplies loan agreement
Logistics
Saudi achieves largest monthly trade balance surplus in 6 years
Non-oil exports increased by 27% to $7.4 billion
Logistics
UAE to launch first quick commerce startup next month
The platform aims to provide a highly personalized shopping experience
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