Check out Logistics News ME’s video highlights of the Logistics Forum 2022, where industry experts and leading logistics companies executives discussed innovation in technology, warehousing, supply chain issues, and sustainability. Esteemed speakers and moderators Mohammed Mudarres, Angad Singh, Mohamed Reza, Adel Hamwi, Karim Bakhache, Carolin-Carmen Neubauer, David Dronfield, Trevor Stamp, Rami Younes, Atanas Khagerian, Sherod Walker, Kunal Gupta, Shereen Nassar, Zawahir Siddique, Mourad Hedna, Ayman Kabbara, and Rob Mortimer. A special thanks to our sponsors: Gold Partner Saudi Industrial Services Co.; Technology Partner Lyve; Transportation Partner UD Trucks; and Associate Partners Shipsy and Swisslog for supporting the forum.
Author: Jochebed Menon
Jochebed Menon
Jochebed Menon is the Editor of Logistics News Middle East. She covers issues related to the logistics and supply chain industries in the region. She’s been a journalist since 2012 and has primarily worked on B2B titles in travel, hospitality, aviation, and construction.
In support of UAE-based start-ups in the logistics industry, UPS hosted the third edition of the Smart Logistics Challenge series at Expo 2020, together with the Dubai Chamber of Commerce and DP World. The GCC logistics industry is evolving rapidly and is expected to grow by 4.3% between 2020 and 2025. The challenge for the industry is how to respond to global supply chain shifts, new customer expectations, and final mile models. As part of its commitment to supporting the growth of small businesses in the UAE, UPS hosted the challenge to give logistics startups the opportunity to spotlight their…
“The ripple effect of Suez blockage in 2021 pushed back the delivery of cargo for months, prompting major changes at DP World,” His Excellency Sultan bin Sulayem, the company’s Group Chairman and CEO said at the World Government Summit (WGS2022) in Dubai. He added that reaction to this and other shocks is leading to greater supply chain innovation – such as unlocking potential in partner countries in South and Central America and Africa that will strengthen supply chain security and ensure economic benefit is distributed ‘fairly across the world’. DP World, which has over 93 terminals, has a “clear role…
SaaS-based smart logistics management platform provider Shipsy announced the appointment of Iyad Kamal, former Aramex COO, to its advisory team. Kamal has over 29 years of leadership experience with Aramex, a global provider of transportation, logistics, eCommerce, data and analytics, and sustainability solutions. He was instrumental in driving the company’s global expansion and double-digit growth during a multi-year period of significant technological change and market disruptions. His expertise includes driving organic growth, organisation design and leadership, and creating asset-light, tech-driven, end-to-end operations infrastructure. Kamal presently serves on the board of Tradeling, a growth-stage e-marketplace focused on building the largest digital…
India’s Minster of Commerce said that bilateral trade between the UAE and India will reach a quarter of a trillion dollars by 2030. Commenting on the recent memorandum of understanding (MoU) signed between the UAE and India, His Excellency Piyush Goyal, Minister of Commerce and Industry, Consumer Affairs and Food and Public Distribution and Textiles of India said: “Beyond trade, there are some unique dimensions to the relationship between India and the UAE. “You would be amazed by the enthusiasm and bonhomie we have seen since signing the MoU. We are looking at much more ambitious targets – something in…
Kuwait-based supply chain firm Agility reported full-year 2021 earnings of 464.36 fils per share on net profit of KD977.4 million (USD3.2 billion), an increase of 2,250% over the same period in 2020. EBITDA increased 13.2% to KD109 million, and revenue grew 22.1% to KD486.2 million. In 2021, Agility sold its core commercial logistics business, Global Integrated Logistics (GIL), to DSV, the world’s third-largest freight and logistics provider, in exchange for 19.3 million shares in DSV. As a result, Agility reported a one-time gain of almost KD 1 billion and is now the second-largest shareholder in DSV with an 8% stake.…
AD Ports Group announced the signing of a Memorandum of Understand (MoU) with the Kuwait General Administration of Customs to establish a new virtual trade corridor between the UAE and Kuwait, under the supervision of Department of Economic Development – Abu Dhabi (ADDED). The signing took place in Kuwait following a visit by DED’s Logistics Committee, under the auspices of His Excellency Abdulwahab Al-Rushaid, Minister of Finance and Minister of State for Economic Affairs and Investments – Kuwait. It was signed in presence of His Excellency Dr. Matar Hamed Al Neyadi, Ambassador of the UAE to Kuwait, and was signed…
The UAE company, Barq EV, specialised in the field of smart mobility and logistics solutions, announced the official launch to start its business in the UAE. The startup is scheduled to provide its customers with an integrated package of products and services that contribute to enhancing the last-mile delivery experience. This initiative comes in line with the UAE’s efforts to support the growth of the logistics, transport, and eCommerce sectors in the UAE. During a ceremony, organised at the Emirates Palace Hotel in Abu Dhabi, the company indicated that it aims to address the delivery challenges of several industries such…
Savoye, a warehouse automation integrator and software publisher, announced its partnership with ILA, a Turkey-based integration services provider, to distribute its range of automated packaging machines in Turkey. Savoye, which launched its new office in the UAE last year, is poised to enhance its presence in the MENAT (Middle East, North Africa and Turkey) region with the latest association. The global logistics solutions provider has already established a name in the Middle East since opening its office in the UAE, introducing advanced software and technologies that facilitate smooth supply chain operations for the industry. Savoye’s latest partnership with ILA will…
The Comprehensive Economic Partnership Agreement (CEPA) between the UAE and India has paved the way for a new era of joint economic growth and prosperity in the two countries. CEPA also improves mutual access to markets, enhances economic and investment opportunities and paves the way for broader prospects, said His Excellency Ahmed Mahboob Musabih, Director General of Dubai Customs and CEO of Ports, Customs and Free Zone Corporation. Speaking at the 3rd Edition of LOGIX India, in Dubai, supported by the UAE’s National Association of Freight and Logistics (NAFL), His Excellency said: “The agreement aims to raise the value of…