Author: Vibha Mehta

DP World has started developing a new edible oil terminal at the Port of Berbera in Somaliland, which will reduce supply chain costs and create vital local jobs. It has already agreed to a long-term lease for the facility. The edible oil terminal will be the latest addition to Berbera’s growing trade ecosystem, following the recent opening of the Berbera Economic Zone (BEZ), 15 km from the port along the Berbera to Wajaale road (Berbera Corridor) that connects to Addis Ababa in Ethiopia. DP World plans to transform Berbera, which sits alongside one of the world’s busiest sea routes, into…

Heralding the start of Ramadan, Al Masaood Automobiles has announced a unique campaign for car buyers in Abu Dhabi, Al Ain, and the Western Region. The campaign features attractive offers, value-added sales and aftersales support services to customers who plan to purchase selected models from global automotive brands Nissan, INFINITI and Renault, besides certified pre-owned Nissan vehicles. Aimed at enhancing the overall customer experience, the campaign also reflects Al Masaood Automobiles’ commitment to delivering quality service that meets the diverse needs of its customers. Customers visiting the showroom will be able to tailor their offers from various benefits available in…

EZDubai, the fully dedicated e-commerce zone in Dubai South, launched the third edition of its ‘E-commerce Report in the MENA region’ in collaboration with Euromonitor International, the world’s leading global business intelligence provider, market analysis and consumer insights. The report revealed that the MENA region’s total e-commerce market reached US$37 billion in 2022, with a double-digit growth rate from 2021 and a 32% CAGR over 2018 – 2022. The MENA’s double-digit growth is due to robust internet usage, a well-developed infrastructure, and supportive policies. Several trends also contributed, including the increasing popularity of digital payment platforms, the rise of online…

The Dubai Free Zones Council (DFZC) meeting, headed by His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Council, explored the Dubai Economic Agenda (D33), which aims to position Dubai among the top three global cities and double the size of its economy in the next decade. The Council affirmed its commitment to achieving the goals of D33 through several initiatives and discussed its plan of action in light of the UAE’s preparations to host the Conference of the Parties to the UN Framework Convention on Climate Change (COP 28) in Dubai Expo City. This was in addition to…

VPorts, the global leader in the design, construction, and operation of Advanced Air Mobility (AAM) infrastructure, has announced an initial set of agreements with crucial AAM players as part of its development plan to build and operate the AAM World Integrator World Centre in Dubai. Electra.aero, Falcon Aviation and SkyDrive have joined the centre to be part of VPorts’ strategy to develop the Gulf Cooperation Council (GCC) market and deploy its expertise and innovation in the region.   “With these milestone agreements, Dubai has demonstrated its leadership in the advanced air mobility sector,” said Dr Fethi Chebil, CEO and Founder…

FinaMaze is the MENA’s Hybrid hybrid human/robot digital wealth manager in the MENA. It is dedicated to addressing persistent issues facing the investment sector in the area and beyond. FinaMaze links machine learning with human behavioural science to offer individualised investing solutions by combining sophisticated AI with Data Scientists, Quantitative Finance, and Software Engineers. The central concept behind FinaMaze is ‘AI at the service of Humans,’ with a strict code of ethics, transparency, and a dedication to realistic investing situations and results. They also have an extended Investment Management License and are regulated by ADGM’s Financial Services Regulatory Authority (FSRA).…

Just incase you have missed it, we bring forward the video highlights for the LNME Forum 2023, held on March 20, 2023, at Sofitel The Palm. This forum had four panel discussions, including Transformation with Adaptation of Automation, Disruption in Aviation Industry, Logistics and Supply Chain in F&B, and Mile Delivery. Speakers: David Dronfield | Majda Rochdi | Alain Kaddoum | Andrei Diminescu | Rajesh Menon | Robin Vermaat | Tarek ALMUHANNA | Marwan KHALIFE | Sooraj Mathew | Shailen Shukla | Juan S. Garza | Bassant Zein Al-Din. Moderators: Marwa Kaabour | Vibha Mehta | Seymone Leigh Moodley |…

HE Khalifa Al Zaffin, Executive Chairman of Dubai Aviation City Corporation and Dubai South; HE Helal Saeed Al Marri, Director General of the Dubai Department of Economy and Tourism (DET); HE Ahmed Mahboob Musabih, Director General of Dubai Customs; and Mohsen Ahmad, CEO of the Logistics District – Dubai South and Mohamed Shael Alsaadi, CEO of Dubai Corporation for Consumer Protection and Fair Trade today witnessed the inauguration of Amazon’s latest Fulfillment Center in the UAE. Following the inauguration, the dignitaries were given a tour of the facility by Ronaldo Mouchawar, Vice President of Amazon Middle East and North Africa (MENA),…

Yesterday, March 20, 2023, we hosted our LNME Forum 2023, at Sofitel the Palm. The LNME Forum 2023 is an unique platform designed to spark logistics and supply chain conversations, insights, trends, and networking. The forum featured industry professionals who had shared their insights on important topics and trends, incuding Mile Delivery, Automation, Logistics and Supply Chain in F&B, and Disruption in the Aviation Industry. We would like to thank all the speakers, moderates, industry professionals, and of course our sponsors: UD Trucks MEENA, Al Futtaim Logistics, Swisslog Middle East and Lyve. The event started with an opening speech by…

The Kingdom of Saudi Arabia is capitalising on every industry it can while preparing to implement the Saudi Vision 2030. The oil and gas sectors are seeing several giga projects emerge, but the F&B sector has much more unrealized potential. The local food supply technology market is new and expanding swiftly. Business owners are now looking for the same ease in their internal operations that they have enjoyed at home since COVID drove the adoption of consumer apps. As economies begin to expand, the number of tiny cafés, restaurants, and mom-and-pop supermarkets tends to rise quickly. “We see this part…