The renowned Confederation of Indian Industry (CII) Supply Chain and Logistics Excellence (SCALE) Awards 2022 have recognized Netradyne, a market leader in fleet safety and management systems, as the ‘Best Technology Provider of Logistics.’ This honour demonstrates Netradyne’s dedication to constructing safer roadways using cutting-edge technological solutions. Durgadutt Nedungadi, Vice President – International Business, Netradyne, shared, “Netradyne’s recognition acknowledges the company’s technological superiority that has helped its customers reduce accidents by 30-40% and distracted driving by up to 80%. This contribution to the mobility ecosystem is why our customers can entrust the safety of their fleets in our hands,” he added.…
Author: Vibha Mehta
The Kingdom of Saudi Arabia has set out on the path to rapid transformation in its pursuit to diversify away from an economy which is over-dependent on oil. Driven by the ambitious ‘Saudi Arabia Vision 2030’ and powered in large part by lucrative revenues from high oil prices, the Kingdom has announced a series of mega-projects, development plans and initiatives, which are unparalleled in scale and unprecedented in what they aim to achieve and deliver. As recently as October, 2022, His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Prime Minister and Chairman of the Council for Economic…
NEXT50, an Abu Dhabi-based technology company, is well underway in delivering the first phase of the biometric initiative at Abu Dhabi International Airport. The project, which sees NEXT50 introduce its cutting-edge AI solutions alongside global artificial intelligence and technology solutions partners IDEMIA and SITA, will initially see the deployment of next-generation biometric solutions at select self-service baggage touchpoints, immigration e-gates, and boarding gates before implementing the technology across all passenger touchpoints in the airport. “We are excited to be leading the biometrics project at the UAE capital’s state-of-the-art International Airport as part of the Emirate’s digital transformation vision,” said Ibrahim…
Khalifa Economic Zones Abu Dhabi – KEZAD Group, the integrated trade, logistics, and industrial hub of Abu Dhabi, has signed a lease agreement with Euro Auctions Middle East, a subsidiary of the Euro Auctions Group, to establish its largest auction house in the region for industrial plant, construction equipment and agricultural machinery. Under the agreement, Euro Auctions Middle East will expand its current UAE operations in KEZAD across a facility of more than 43,000 square metres, with site operations scheduled to commence in Q1 2023. By collaborating with Abu Dhabi Customs and KEZAD Group, Euro Auctions will also have a…
With Argentina’s historic win last night, Ankit Goel, Senior Vice President For Global Accounts at MODIFI, shares his perspective on using major sporting events as an incentive in Trade Finance. The FIFA World Cup brought new opportunities to Qatar and the GCC nations, thus enabling economic growth across a range of critical sectors such as travel and tourism, hospitality, and infrastructure. This World Cup will pave the way for Qatar to enjoy potential near-term economic gains but also highlights the logistical challenges of managing the event, which will likely lead to positive spill over effects for the rest of the…
Admiral Mobility, a leading company in providing accessible eMobility and energy management solutions, has announced its commitment to bring 5000 commercial electric vehicles to the Middle East. The commitment comprises 3000 Electric Commercial Trucks, split between 6T and 8T, and a further 2000 Electric Farizon SuperVANs. The order results from a strategic partnership between Admiral Mobility and Geely Farizon Commercial Group, which has been coined as a result of the growing demand for ecological transportation, be it for highways, the city or backroads, to ensure a cleaner environment for us all. The UAE’s focus is on achieving its Sustainable Development…
Dubai Trade and Dubai Chamber of Commerce, one of three chambers operating under Dubai Chambers, have simplified trade services for exporters and re-exporters in the country by collaborating to provide membership and Certificates of Origin (COO) services through the Dubai Trade portal. A COO determines the origin of exported or re-exported goods and helps estimate customs tariffs, as it contains the primary data on trade shipments. Dubai Trade’s single window will enable exporters in Dubai to instantly request, pay and generate the COO via its single window. This is a significant milestone in the platform’s offerings and in its efforts…
AJEX Logistics Services (AJEX), the Middle East specialist in express distribution and shipping solutions, has been appointed by the world’s leading integrated solutions provider of precision medicine, BGI Genomics, to provide it with all necessary transport and logistics solutions within the Middle East region. BGI Genomics, a world-leading biotech company, which provides academic institutions, pharmaceutical companies, healthcare providers and other organizations with integrated genomic sequencing and proteomic services and solutions, will be supported by AJEX in the Middle East through the provision of domestic and international express road and airfreight services, including specialized cold-chain services for life-sciences and dry-temperature controlled…
Raffael Quintas has been named Chief Financial Officer of Etihad Airways, effective immediately. Quintas was formerly the Chief Financial Officer at Infracommerce, Latin America’s leading e-commerce enabler and solution provider. He formerly served as Chief Financial Officer at Portuguese flag carrier TAP Air Portugal and as Corporate Treasurer at Brazilian airline Azul Linhas Aéreas, where he assumed growing financial responsibilities during a nine-year period. “Raffael is a widely respected senior finance executive who brings more than 20 years of international experience across the aviation and retail sectors to the role. As we position Etihad Airways for post-pandemic growth, I am…
This article defines complex and out-of-gauge (OOG) cargo as items with estimated measures of more than 70 tons, five meters in height, four meters in width, and 15 meters in length per single unit. Typical OOG cargo turbines, transformers, windmills, platforms, generators, big cranes, and so forth. OOG cargo frequently possesses the majority, if not all, of the following characteristics: It has a high economic value and a long lead time, and it is prone to sudden movement, particularly during shipment and handling. As a result, there are no margins for error when it comes to on-time and damage-free freight…