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DP World launches US $1.2bn Sukuk on Nasdaq Dubai The listing by DP World reinforces Dubai’s status as the global leader for Islamic bond listings, with a total nominal value of 44.56 billion US dollars.

DP World launches US $1.2bn Sukuk on Nasdaq Dubai

Sultan Ahmed Bin Sulayem, group chairman and CEO of DP World, rang the market-opening Monday to celebrate the listing on Nasdaq Dubai of a 1.2 billion US dollar Sukuk.

 •   DP World raises US $1.2-billion in sukuk financing
 •   Bahri will issue 10-year sukuk to cover Vela costs
 •   Jafza issues US$650 million Sukuk due in 2019


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Agility announces South African logistics joint venture

Agility announces South African logistics joint venture

Agility has formed a joint venture in South Africa with Super Group, a Johannesburg-based supply chain management and transportation specialist.
 
Saudi logistics to see 20% growth in next five years

Saudi logistics to see 20% growth in next five years

Analysts have forecast that Saudi Arabia's logistics industry will experience significant growth in the coming five years.
 
Agility expands African CSR commitment

Agility expands African CSR commitment

Agility and the Campaign for Female Education (Camfed) have teamed up to fund the education of more than 100 girls in Ghana.
 
NAFL underscores commitment to training GCC nationals

NAFL underscores commitment to training GCC nationals

The National Association of Freight and Logistics (NAFL) has held an open Forum emphasising the need for, and progress in, the raising of education standards for logistics.
 

 

Agility and board member Al-Saleh singled out by Forbes

Agility and board member Al-Saleh singled out by Forbes

Agility was named as one of the Top Companies in the Arab World by Forbes Middle East, with Henadi Al-Saleh named as one of the most powerful Arab business women.
 
Aramex launches new app for UAE customers

Aramex launches new app for UAE customers

Aramex has officially launched its new smartphone app to UAE customers, with plans to roll it out to customers across all markets the company operates in.
 
Omani state firm set up to handle logistics investments

Omani state firm set up to handle logistics investments

Oman has announced the establishment of a new government holding company to manage its investments in ports, free zones, rail, maritime and land transport.
 
DHL Global Forwarding appoints new CEO in India

DHL Global Forwarding appoints new CEO in India

In his new role as a member of the Asia Pacific Management Board, George reports to Kelvin Leung, CEO, DHL Global Forwarding Asia Pacific
 
Government cuts squeeze Middle East suppliers

Government cuts squeeze Middle East suppliers

Elevated security risks across the region will ensure supply chain risk remains high throughout 2016 and into 2017
 
DP World raises US $1.2-billion in sukuk financing

DP World raises US $1.2-billion in sukuk financing

The remaining US $387-million 2017 sukuk matures next year and was at the time the largest and first 10-year sukuk done in the region
 
India's PIL in JV with Saudi-based Nationwide Group

India's PIL in JV with Saudi-based Nationwide Group

Pivot Logistics, new JV, to tap emerging opportunities in GCC countries
 
Hong Kong is most expensive logistics market globally

Hong Kong is most expensive logistics market globally

Hong Kong was named the most expensive prime logistics market in the world in 2015, with rent averaging US$28.94 per square feet (psf) per year
 
ADFD Financed and Managed AED5.1bn projects in Jordan

ADFD Financed and Managed AED5.1bn projects in Jordan

ADFD Financed and Managed 28 Development Projects in Jordan with Total Project Outlay of AED5.1 billion
 
Logistics tech company InfoFort named 'cool vendor'

Logistics tech company InfoFort named 'cool vendor'

Gartner has named InfoFort a 'Cool Vendor' in their recent report 'Cool Vendors in Emerging Markets, 2016'.
 
Globe Express Services implements CargoWise One upgrade

Globe Express Services implements CargoWise One upgrade

The upgrade to enhance business processes and capabilities includes all GES offices in five GCC countries.
 




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