Dubai South, the largest single-urban master development in the areas of aviation, logistics, and real estate, has entered into a partnership with UPS, a leading global logistics company. This agreement aims to establish a new facility within Dubai South’s logistics district, enhancing the region’s capabilities in supply chain and logistics services. The new facility is...
An important initiative to promote environmentally friendly logistics in the United Arab Emirates has been unveiled by United Diesel, a branch of the Al Rostamani Group. To meet the growing need for environmentally friendly and effective logistics solutions, they are introducing fully electric trucks in collaboration with Yutong, a world leader in electric commercial vehicles....
Dubai Trade is advancing its operations by evolving its Digital Delivery Order (DDO) platform into Trade+. This upgrade is part of a broader strategy to improve the efficiency and speed of trade operations within Dubai’s supply chain and logistics sectors. The new Trade+ platform aims to facilitate the digital exchange of cargo release documents among...
AD Ports Group, a prominent player in global trade, logistics, and industry, announced yesterday, on January 22, 2025, the signing of a Memorandum of Understanding (MoU) with the Egyptian Ministry of Industry and Transport. This agreement aims to explore the joint development and operations of an integrated logistics park in Alexandria, Egypt. The MoU was...
Dubai South, recognized as the largest single-urban master development focusing on aviation, logistics, and real estate, has signed an agreement with Expeditors International of Washington, Inc., a prominent Fortune 500 global logistics company. This collaboration marks the launch of a new facility for Expeditors at Dubai South’s Logistics District, aiming to address the increasing demand...
Abu Dhabi’s sovereign wealth fund, ADQ, has announced plans to initiate a takeover offer for the logistics company Aramex. The proposal aims to acquire shares that ADQ does not already own in the courier firm. This move was disclosed in a filing to the stock exchange on Monday as part of ADQ’s strategy to strengthen...
ADIB Capital Limited, a subsidiary of Abu Dhabi Islamic Bank (ADIB) regulated by the Dubai Financial Services Authority (DFSA), has launched the ADIB European Logistics Fund I. The fund is designed to provide investors access to logistics properties in Germany and Western Europe, focusing on sustainable and ESG-compliant assets. This launch addresses a pressing gap...
DP World, the global logistics leader, announced it has exceeded 100 million TEUs (twenty-foot equivalent units) in container handling capacity across its global operations. This achievement highlights over a decade of strategic investments worth $11 billion in infrastructure upgrades and expansions. In the last 10 years, DP World’s capacity has grown by 33%, starting from...