Middle East LED Market Expands Amid Energy Efficiency Push

Middle East LED Market Expands Amid Energy Efficiency Push

The Middle East LED lighting market is projected to grow at a CAGR of 12.1% between 2022 and 2027. Key drivers include the rising demand for energy efficiency, government support, and the development of smart cities. LED lighting, known for its high energy efficiency and long lifespan, is gradually replacing traditional lighting solutions. The market is becoming increasingly competitive, and the future outlook is promising, driven by the region's infrastructure development and focus on sustainability.

12/29/2025 Logistics Industry Insights
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Kavak Invests 130M in Middle East Used Car Market

Kavak Invests 130M in Middle East Used Car Market

Latin American unicorn Kavak is investing $130 million to enter the Middle Eastern used car market, starting with the UAE and Oman through a merger with local platform Carzaty. Kavak aims to reshape the Middle Eastern used car landscape through technological innovation and localized operations, providing consumers with a better buying and selling experience. The company plans to continue investing heavily over the next two years to build the largest used car business in the Gulf region.

01/06/2026 Logistics Industry Insights
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Eldoret Emerges As Kenyas Highland Trade and Agriculture Hub

Eldoret Emerges As Kenyas Highland Trade and Agriculture Hub

Eldoret, located in southwestern Kenya's Uasin Gishu Plateau at 2100m altitude, is a vital inland city and a key transportation and agricultural hub in East Africa. As a major station on the Mombasa-Uganda Railway and a road network hub, it connects coastal ports with the hinterland, fostering regional economic development. Its strategic location facilitates the movement of goods and people, playing a crucial role in trade and commerce within Kenya and the wider East African region.

09/29/2025 Port Encyclopedia
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Aviation Industry Strengthens Ties in Africa and Middle East

Aviation Industry Strengthens Ties in Africa and Middle East

The IATA Africa and Middle East Regional Office (AME) serves as the central hub for the International Air Transport Association in the region, dedicated to representing, leading, and serving airlines in Africa and the Middle East. It provides regional representation, membership services, industry leadership, and expert consulting. AME aims to empower businesses to thrive within the African and Middle Eastern aviation markets, supporting their growth and ensuring sustainable development of the air transport industry in the region.

01/05/2026 Airlines
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Djibouti Port A Strategic Hub Connecting Africa and the Globe

Djibouti Port A Strategic Hub Connecting Africa and the Globe

Djibouti Port is the largest modern port in East Africa, connecting Europe with the African interior. Since the implementation of free port policies in 1949, the port has become a major transit hub for Ethiopia, equipped with efficient logistics and container handling capabilities, which have driven the country's economic development.

07/24/2025 Port Encyclopedia
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Moroccos African Bank SWIFTBIC Code Explained

Moroccos African Bank SWIFTBIC Code Explained

The SWIFT code for the African Bank in Morocco is BMCEMAMCCOR, located at 140 Hassan II Street, Casablanca, postal code 20000. Knowing this information is crucial for customers when making international remittances and transfers, ensuring the safety of funds and the convenience of transactions. SWIFT codes are updated regularly, so it's important to pay attention to the accuracy of the information.

08/11/2025 International Settlement
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Manakara Port Boosts Trade in Southeastern Madagascar

Manakara Port Boosts Trade in Southeastern Madagascar

Manakara Port is an important barge port on the southeastern coast of Madagascar. Connected to the inland via the Pangalanes Canal and railway, it serves as a distribution center for goods like rice and coffee. Although small in size, its convenient land and water transportation, combined with efficient loading and unloading capabilities, make it a significant option for expanding into the East African market. Its strategic location and accessibility offer a viable alternative for regional trade despite its limited infrastructure.

09/29/2025 Port Encyclopedia
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Port Louis, Mauritius: The Complete Port Guide

Port Louis, Mauritius: The Complete Port Guide

Port Louis, Mauritius' largest commercial port, is strategically located in a northwestern coastal fjord as a key South Indian Ocean shipping hub. Featuring multiple berths for containers, bulk cargo and oil, it also has dedicated sugar export terminals with excellent vessel reception capacity ensuring efficient and secure operations. Its prime location establishes Port Louis as a vital East African trade center.

07/16/2025 Port Encyclopedia
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South African Randeuro Exchange Rate Volatility Analyzed

South African Randeuro Exchange Rate Volatility Analyzed

This article explores the exchange rate dynamics of the South African Rand against the Euro and other major currencies, providing the latest exchange rate data and central bank interest rate information. The aim is to assist investors in seizing opportunities in the foreign exchange market and making informed financial decisions.

08/10/2025 Exchange Rate Query
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