#logistics
5 articles with this tag
EconomyAD Ports Group Achieves 73% Profit Surge Amidst Strategic Maneuvers to Counter Hormuz Strait Disruptions
AD Ports Group reported a 73% jump in third-quarter net profit, reaching Dh767 million, driven by strategic efforts to mitigate disruptions from the Strait of Hormuz closure and enhance supply chain resilience through alternative routes and expanded logistics operations.
EconomyGCC Railway Agreement Signed: A New Era of Connectivity and Security for the Gulf
A milestone agreement on a GCC railway project has been signed in Bahrain, offering a tangible opportunity to connect six Gulf countries by 2030. The project aims to enhance regional connectivity, economic security, and resilience, particularly in light of geopolitical tensions.
EconomyDHL Global Forwarding Fortifies UAE Network Amid Regional Tensions and Investment Commitments
DHL Global Forwarding is increasing its operations in eastern UAE to ensure agility amid regional uncertainty, reaffirming its €500 million investment commitment for the Gulf. The company is also strengthening its partnership with Etihad Rail to enhance the UAE's freighter network.
EconomyEgypt and Morocco Forge Deeper Ties: Ports, Industry, and Logistics Cooperation on the Horizon
Egyptian Ambassador to Morocco, Ahmed Nihad Abdel Latif, met with Tanger Med Group's CEO Mehdi Tazi-Riffi to discuss expanding cooperation in ports, industry, and logistics. The talks aimed to strengthen economic ties and explore joint ventures, potentially boosting trade and investment between Egypt and Morocco.
