Silk Way West Airlines and cargo.one today announced a global partnership to bring the airline’s freighter capacity to the air cargo booking marketplace. By joining customer experience advocate cargo.one, favoured by forwarders in all critical markets globally, Silk Way West Airlines will expand its digital footprint and align with the highest standards for digital air cargo booking. The airline also gains market experience and actionable support of cargo.one team to accelerate digital sales adoption for its capacities. Headquartered in Baku, at the heart of the Silk Road, Silk Way West Airlines is the largest cargo airline in the Caspian Sea…
Author: Vibha Mehta
Saudia Cargo has signed a new 12-month “space and service commitment” agreement with Cainiao Network, the logistics arm of Alibaba Group. The deal, which commenced on April 1st, 2023, and continues till March 31st, 2024, reserves exclusively selected SACC freighter flights from Hong Kong to Riyadh and Liege. The signing of the new agreement in Munich demonstrates Saudia Cargo’s continuing commitment to offering tailor-made solutions to one of the leading ECOM retailers in the world. Teddy Zebitz, CEO of Saudia Cargo, commented: “We are thrilled to continue this partnership, explore new lanes from Hong Kong and China to other destinations,…
Aramex, a leading global provider of comprehensive logistics and transportation solutions, today announced its financial results for the First Quarter (“Q1”) ending 31st March 2023. In Thousands of UAE Dirhams Q1 2023 Q1 2022 % Change (YoY) Revenues 1,431,496 1,448,932 (1%) Gross Profit 358,000 344,100 4% Gross Profit Margin 25.0% 23.7% EBIT 63,000 75,006 (16%) EBIT Margin 4.4% 5.2% EBITDA 153,163 168,669 (9%) EBITDA Margin 10.7% 11.6% Net Profit 23,909 47,302 (49%) Net Profit Margin 1.7% 3.3% Financial Performance Commentary Aramex’s Q1 2023 Revenues declined marginally by 1% YoY to AED 1.43 billion, reflecting the robustness…
J&T Express KSA has announced the launch of its Domestic Express Service in the Kingdom of Saudi Arabia (KSA). The move is aligned with the award-winning logistics provider’s continuous efforts to facilitate dependable, efficient, and customer-centric services, catering to the surging demand for domestic logistics solutions across the Kingdom. Domestic Express was introduced to offer a convenient and timely service that enables companies and individuals based in Riyadh to have their parcels collected from their locations and transported across the Kingdom faster. Riyadh-based customers can place orders with J&T Express APP and have the courier pick up their packages within…
Serco, the international public services company, has been appointed by Red Sea Global (RSG), the developer behind the world’s most ambitious regenerative tourism destinations, The Red Sea and Amaala, to act as the managing agent for their entire suite of sustainable mobility services across Saudi Arabia’s visionary new tourism destination, The Red Sea. The contract will see Serco working with RSG’s Mobility team to ensure a world-class, net-zero mobility experience for guests at The Red Sea. The carbon-neutral destination covers over 90 islands, of which only 22 will be developed. The resorts will rely on multiple modes of green transport…
Yesterday’s 22nd edition of Airport Show was opened in Dubai amidst a brighter outlook for complete and sustainable recovery, passenger demand growth and focus on future mobility, sustainable infrastructure and innovation. His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority, Chairman of Dubai Airports, and Chairman and Chief Executive of Emirates Airline and Group, inaugurated this morning the annual Airport Show, the world’s largest airport event at the Dubai World Trade Centre, which will run from 9 to 11 May 2023. His Highness said: “The airport industry has come back almost to its full…
FOO, an award-winning fintech solutions provider operating in the MENA region, has partnered with XSIGHT Future Solutions, Majid Al Futtaim’s newly formed digital arm accelerating the company’s digital transformation journey, to provide an embedded wallet experience for Majid Al Futtaim’s retailers. Carrefour, owned and operated by Majid Al Futtaim in the UAE, is the first retailer to adopt this technology and has already launched the solution in the UAE, KSA and Egypt, with many more countries to follow. FOO has expedited Carrefour’s current refund process by integrating its closed-loop mobile wallet and stored value account (SVA) solution into Carrefour’s existing…
Under its mandate for issuing and implementing policies, laws and regulations that regulate the energy sector, the Abu Dhabi Department of Energy (DoE) continues its efforts during the Year of Sustainability 2023 to accelerate the implementation of policies and regulations that support the Abu Dhabi vision, the UAE Net Zero 2050 Strategic Initiative, and related strategies that aim to promote the sustainability of the energy sector. DoE has announced today that it aims to implement its Demand Side Management Regulations from 1st July 2023. These Regulations form a comprehensive framework for designing, implementing, and evaluating energy and water efficiency initiatives…
Etihad Cargo, the cargo and logistics arm of Etihad Airways, has partnered with Rotate to co-develop a sales optimisation tool that will identify sales initiatives to enable the carrier’s global commercial teams and sales representatives to add value to customer relationships. The first-of-its-kind tool—Sales Cockpit— will analyse data and, using sophisticated custom-built algorithms, automatically generate recommendations on how Etihad Cargo can strengthen customer relationships, including an overview of current business and future opportunities. The development of the Sales Cockpit is the latest step taken by Etihad Cargo in its digitalisation journey, which aims to optimise the customer experience. The carrier…