Middle East/Africa

Multinationals, Local Companies Square Off in Race to Capture Africa's Growing Consumer Market

November 13, 2015

A battle for leadership is erupting in a variety of industries across Africa, with Africa-focused companies and multinationals vying for market share and each group counting on its unique strengths to gain an advantage, according to a report by The Boston Consulting Group (BCG), Dueling with Lions: Playing the New Game of Business Success in Africa.

Once Sanctions Cash Rolls In, Iran Plans to Beef Up Its Maritime Fleet

October 26, 2015

Maritime Executive

With U.S.-led sanctions expected to be lifted soon as part of July's nuclear deal, Iran has unveiled a $120bn fleet expansion campaign.

UK Supports New GCC Infrastructure Event

September 23, 2015

Saudi Cargo Resumes Freighter Operations to JFK

September 23, 2015

Saudi Airlines Cargo Co.

Saudi Airlines Cargo Co. has resumed operation of freighter flights to John F. Kennedy International Airport in New York City.

Gabon Tops Ranking of Nations With Best Retail Opportunities in Africa

September 9, 2015

A.T. Kearney

A.T. Kearney's 2015 African Retail Development Index (ARDI) reconfirms the potential of many nations throughout Africa.

AMI Extends click2ship Service to South Africa

September 8, 2015

Air Menzies International Ltd.

Air Menzies International Ltd. (AMI), a trade-only wholesaler of airfreight and express capacity, has extended its click2ship service to South Africa.

AGOA Extension to Benefit African Shippers, U.S. Importers of Continent's Cotton Textiles, Supporters Say

September 2, 2015

Apparel

Recent extension of the African Growth and Opportunity Act (AGOA) for another decade is expected to give the continent's export of cotton a boost in the arm.

Egypt Opens Expanded Suez Canal, Hopes to Double Number of Ships Transiting Daily

August 13, 2015

Maritime Executive

Just one year after its announcement, Egypt's expanded Suez Canal is open for business. Egyptian President Abdel Fattah El-Sisi led the inauguration ceremony, which was attended by several Middle Eastern and European world leaders. The publicly-funded expansion cost about $8.5bn.

Iran Highly Attractive to Automotive Industry

August 7, 2015

Frost & Sullivan

Iran has traditionally been a high-volume automotive market, whose geographic advantage has endowed it the potential to serve as a production hub in the Middle East. The recent lifting of economic sanctions has burnished the country's reputation as a business hotbed, with the automotive market expected to grow at a compound annual growth rate of 13.4 per cent from 2014 to 2022. Unsurprisingly, global original equipment manufacturers, suppliers and other market participants are exhibiting unprecedented eagerness to be a part of the Iranian growth story.

Grimaldi Group Enhances Med-West Africa Service

July 30, 2015

Grimaldi Group

The Grimaldi Group is enhancing its Mediterranean Express Service (MEX), linking ports in the Mediterranean with West Africa.

Middle East/Africa

The latest supply chain news, analysis, trends and best practices for companies operating in the Middle East and Africa. The Middle Eastern region consists of 18 countries that stretch from the western borders of Turkey and Egypt to the eastern edges of Iran and Saudi Arabia. Learn how businesses are optimizing supply chain and logistics performance in these regions, addressing a range of challenges such as poor infrastructure, complex customs and tax laws, unstable political climates and government controlled exchange rates - as well as capitalizing on new land and labor opportunities, particularly across Africa.