Through a number of initiatives, community networking and knowledge-sharing events, and industry conferences, Dubai Industrial City actively encourages collaboration. With so many influential parties congregated in one place, businesses can easily interact and gain from one another’s expertise. In order to achieve economic priorities, our specifically designed ecosystem also promotes cooperation between the public and private sectors. In this episode for #Unplugged series, we speak to Saud Abu Alshawareb, Executive Vice President, Industrial Leasing at TECOM Group PJSC, where he shares about his experiences, future plans for Dubai Industrial City and how they play a vital role in driving economic…
Author: Vibha Mehta
United Warehouse Company (UWC) is the leading 3PL and fully digital logistics service provider in Saudi Arabia, providing a full range of logistics services designed to meet the constantly changing needs of their esteemed clients both inside and outside the Kingdom. UWC has established itself as a trusted partner at the forefront of the Saudi Arabian logistics sector thanks to its unwavering dedication to customer satisfaction and operational excellence. “Our latest adoption of cutting-edge digital logistics solutions positions us as the vanguard of digital innovation in line with the visionary Saudi Vision 2030,” says Eng. Fathi Abdullah Baisa, Managing Director…
As the global anticipation for Expo 2023 Doha rises, Qatar Airways, the national carrier of the State of Qatar, is proud to announce its role as the Official Strategic Partner for the landmark event. Set to be the first A1 International Horticultural Exhibition in Qatar, the Middle East, and North Africa, the prestigious partnership underscores Qatar Airways’ commitment to bringing global attention to Expo 2023 Doha and promoting Qatar as a premier travel destination. Expo 2023 Doha, expected to attract an estimated 3 million visitors from around the globe, will take place in the picturesque Al Bidda Park, overlooking the…
In an exclusive conversation with Sean Kelly, Managing Director of Port of NEOM, Vibha Mehta gets an update on the reconstruction of one of the biggest ports in the kingdom… The operation of Duba Port was handed over to NEOM in 2022 by national maritime regulator Mawani in accordance with NEOM’s plan and the Saudi Ports Authority’s initiatives to turn regional ports into internationally competitive logistics hubs. The port, the principal seaport of entry to the northwest of Saudi Arabia, will be rebranded to Port of NEOM. It is situated near Oxagon, the centre of modern and clean industries in…
Meydan Free Zone, the world’s go-to partner for 360-degree business setup services in Dubai, has entered into a Memorandum of Understanding (MoU) with Aramex, a leading global provider of comprehensive logistics and transportation solutions, to initiate a partnership aimed at offering more options for SMEs to Grow from Dubai. The collaboration marks a significant milestone in the industry and underscores the commitment of both entities to empower small and medium enterprises (SMEs) and drive sustainable economic growth. Under the MoU, Meydan Free Zone and Aramex will pool their expertise to further strengthen the offerings of Meydan Free Zone not only…
King Abdullah Port radiates in the realm of global trade, surpassing its role as a mere port to redefine excellence. Recent strategic advancements, such as forging partnerships with key players in the marine fuel supply and services sector, mark a monumental chapter in the port’s ongoing success. Driven by an unwavering dedication to enhancing value for shipping lines, King Abdullah Port reigns supreme in maritime superiority, embodying unwavering commitment and boundless potential. The 2022 Container Port Performance Index report by The World Bank and S&P Global Market Intelligence acknowledges King Abdullah Port as the most efficient port globally. This recognition…
Addverb, a global manufacturer and supplier of complete warehouse automation solutions, has partnered with Logsquare, a leading system integrator for logistics solutions, to expand its presence in the Middle East, especially in GCC and Iraq markets. The partnership will allow both companies to leverage their expertise and offer premium automation solutions to their customers. Addverb’s expertise lies in delivering end-to-end intralogistics automation solutions based on Industry 4.0, IoT, and robotics. With a wide-ranging portfolio, the company offers unique combinations of fixed and mobile automation systems powered by robust enterprise software to serve clients across many industries. Logsquare provides a complete…
DP World Limited has announced resilient financial results for the first six months to 30 June 2023. On a reported basis, revenue grew by 13.9% to $9,037 million and adjusted EBITDA5 grew by 7.0% to $2,611 million with adjusted EBITDA margin6 of 28.9%. Results Highlights Revenue increased by 13.9% to $9,037 million Revenue growth of 13.9% is mainly attributable to the full six months consolidation of Imperial Logistics (2022 – 4 months). Like-for-like growth was driven primarily by the strong performance of Imperial Logistics in Africa and Drydocks World in UAE. Adjusted EBITDA increases 7.0% to…
Climate change affects every sector of society, and transport is no exception. According to a recent World Bank report, greenhouse gas emissions from the transport sector currently make up 20% of the world’s total emissions. These emissions could increase by as much as 60% over the next three decades. The MENA region has not taken this challenge lightly and has started to embrace cleantech. Local governments are implementing initiatives to address climate change, such as the UAE’s Year of Sustainability, and have also recently increased the goal of reducing carbon emissions by 2030 from 31% to 40%, showing the country’s…
DP World expects to add approximately 3 million Twenty-Foot Equivalent Units (TEUs) of new container handling capacity by the end of the year, adding much-needed infrastructure and capacity to boost global supply chain resilience. The global trade enabler manages approximately 9% of the world’s handling capacity among the top five international port operators. The expansions will take its total gross capacity to 93.6 million TEUs, helping meet growing demand in crucial trade markets. Key expansions will be completed this year in Caucedo (Dominican Republic), including an additional 1.2million TEU, Yarimca (Türkiye) projected an additional 579,000 TEU, Sokhna (Egypt) adding 500,000…