Logistics

ADIB provides US$80mn Sharia’a-compliant financing to Oman Shipping Company

DSC 1196The Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has signed an agreement to provide a US$80mn Shariah-compliant Ijara facility to the Oman Shipping Company SAOC (OSC), a member of the ASYAD Group, for the financing of two VLCC (Very Large Crude Carriers) tankers within the OSC group

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Saudi logistics hub promotes business, investment opportunities in Egypt

Logistics SAThe Saudi Logistics Hub, a government committee mandated to support the growth of the logistics sector in Saudi Arabia, completed the third stop of its global roadshow in Cairo, Egypt

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Saudi Ports to set up huge integrated logistics zone

LogisticsAs part of its plans to make Saudi Arabia a hub in the trade exchange movement between the continents of Europe, Asia, and Africa, Saudi Ports Authority (SPA) is planning to set up the kingdom’s largest integrated logistics zone, according to a news report

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IQ Fulfillment centre opens in Dubai

IQ 2019 08 28IQ Fulfillment, the Middle East and North Africa (MENA) region’s first robotic fulfillment centre, has opened in Dubai

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DP World partners with China’s CCC group to develop traders market

DP 2019 08 26DP World has announced a partnership with Zhejiang-based China Commodity Citygroup company (CCC) to develop the traders market in Jebel Ali Freezone(JAFZA)

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