Global freight forwarding is a $300B industry that facilitates cargo movement from one place to another through a manual process. Solving the complex challenges facing freight forwarders and helping them to do more business faster, freight rate management platform Freightify is today announcing a $12M Series A funding round to save 70% of the time spent on manual tasks while halving the operational costs to do business for them. The round was led by Sequoia Capital India & Sequoia Capital Southeast Asia, with participation from Trail Mix Ventures and Alteria Capital. The band also includes returning investors Nordic Eye Venture…
Author: Vibha Mehta
A new Emirati start-up, Mersal Air, aims to revolutionise the e-commerce industry by streamlining middle-mile package transportation across the GCC. The business, which aims to go public in Q3 2023, would help e-commerce businesses transport goods in the area by offering them cutting-edge, cost-effective, and dependable logistics tech-enabled solutions. Ghassan Oueida, Chairman of Mersal Air, said, “We are launching Mersal Air to re-invent the delivery of packages for companies across the GCC. We plan on providing affordable, fast, reliable and efficient middle mile services to help e-commerce brands scale quickly.” Mersal Air, which is presently in the…
Etihad Airways and Marriott International are collaborating to plant 12,000 mangrove trees at Jubail Island. The initiative is part of a broader campaign to establish the Etihad Marriott Mangrove Forest and support the UAE’s sustainability efforts. Spread across more than 150 square kilometres of the UAE’s coastline. The Etihad Marriott Mangrove Forest will make up part of the only evergreen forest in the GCC region, providing a natural habitat for marine and terrestrial species. During the first phase of the two-month project, which took place on January 27, 2023, teams from Etihad and Marriott International planted the first set of…
We are pleased to announce that J&T Express has joined forces with us as Gold Partners for the KSA Logistics & Transport Awards 2023, which will be held on February 9 in Riyadh at Fairmont. J&T Express swiftly evolved from a start-up to a full-fledged logistics firm within a year of its founding, offering delivery services such same-day, next-day, and worldwide shipping. J&T Express is establishing itself as a prominent participant in the global logistics sector. Due to its cutting-edge technology and unique distribution methods, the firm is quickly growing outside of Asia and into other continents. It is a…
Emirates Driving Company (EDC), the UAE capital’s leading road safety and driving training company, after the success of the first-of-its-kind Mobility Education Summit in November 2022 in partnership with Abu Dhabi Police’s Vehicles and Drivers Licensing Directorate and the Department of Municipalities and Transport’s Integrated Transport Centre (ITC), is thrilled to announce the start of testing of one of the world’s most progressive, safe and advanced autonomous vehicle systems to Abu Dhabi. Further emphasizing EDC’s continued investment in smart mobility technologies, the collaboration was formally unveiled at the Abu Dhabi Sustainability Week 2022 and 2023. EDC launched, in partnership with…
Audi Volkswagen Middle East (AVME) announces DHL Global Forwarding as its new warehousing partner for the entire spare parts supply chain in the Middle East for the Volkswagen and Audi brands. Danzas AEI Emirates LLC, the joint venture between DHL Global Forwarding and Al Tayer Group, will support operations and management. The collaboration has resulted in establishing of a new AVME Parts Distribution Centre at Dubai World Central. It serves as a dedicated warehouse for eight regional markets, providing Volkswagen and Audi customers more flexibility and shorter turnaround times. The Parts Distribution centre will serve UAE, Oman, Saudi Arabia, Kuwait,…
Al-Futtaim Group, a leading family-owned business operating across the regional automotive, financial services, real estate, retail and health markets, has committed to a complete digital transformation powered by its long-term partner SAP and supported by Microsoft Azure as an intelligent cloud platform to maintain its competitive edge and realise multiple benefits for its customers, partners and employees. This month’s signing ceremony attended by the Vice Chairman and CEO of Al-Futtaim Group, Omar Al Futtaim, and SAP global CEO Christian Klein, Al-Futtaim Group officially adopted RISE with SAP, a customised solution to ensure a quick and seamless transition of mission-critical systems…
Having been the first organisation in the region to be awarded the prestigious IIP Platinum Accreditation by Investors in People (IIP) in 2019, AD Ports Group announced today that it has retained its ‘We Invest in People’ platinum-level accreditation for the fourth consecutive year, following a thorough strategic review assessment. This prestigious accreditation is the highest accolade the ‘Investors in People’ bestows and is the highest that can achieve against the IIP standard. Only two per cent of 50,000 participating organisations from 66 countries reached this level. It acknowledges the Group for the clarity of its vision and high-performing culture…
As demand for domestic production of pharmaceuticals increases across the GCC region, Khalifa Economic Zones Abu Dhabi – KEZAD Group, the integrated trade, logistics, and industrial hub of Abu Dhabi, will showcase the competitive advantage Abu Dhabi offers to researchers, manufacturers and distributors looking at Arab Health 2023. As the premier economic zone for life sciences in the Middle East and North Africa, KEZAD already hosts many pharmaceutical manufacturers, life science businesses, laboratories, and packing businesses. They will also be supporting services, including several leading organisations such as Hope Consortium, ADCAN Pharma, Neopharma, Medisal, National Reference Laboratory, and Pharmatrade, including…