Airports throughout the Gulf region managed to clinch the bulk of transportation contracts worth $2bn awarded during the first five months of 2012, a report said on Sunday. The new research suggested road construction stood second with contracts worth $1.6bn...
Dubai Metro?s much anticipated Green Line will be inaugurated by His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and ruler of Dubai, on September 9, Roads and Transport Authority (RTA) said in...
Tenants in Dubai are choosing properties that are closer to the metro station, says UAE property firm Asteco, while adding that renters are ready to pay extra for a property near a metro station. Dubai inaugurated its metro network in...
Audi AG is leading an optimistic drive among major automakers to bolster production, with the luxury car maker on a dynamic hiring spree to expand its production capacity by as much as 57%. These moves come at a time...
Etihad Airways has revealed its plans to expand its global reach by entering into partnerships with Chinese and American operators. In the coming years, Etihad plans double-digit growth on the back of higher passenger traffic in emerging markets, such as...
The Egyptian Railways is one of the most popular modes of public transportation in Egypt with around 800 million passenger miles annually. Most of this network connects the Nile Delta with Cairo and Alexandria. The train fares in commuter...
According to recent statistics released by Dubai Customs, Dubai's automotive spare parts trade has been growing at a respectable pace in recent years. From 2010, when the figure was Dhs32 billion, it grew to Dhs36 billion in 2011, and...
Etihad Rail, the master developer and operator of the UAE’s national railway network, has issued tender invitations for the first three contracts in the development of Stage Two of the rail network, the company said in a statement on...
  Press Release Dubai, UAE, 30 April 2012|: – DP World Limited will today hold its Annual General Meeting for the year ended 31 December 2011. DP World Chairman Sultan Ahmed Bin Sulayem will make the following statement regarding trading in...
Dubai closed a $800 million financing deal with lenders based on securitizing road toll receipts, London-based Middle East Economic Digest (MEED), reported on Tuesday. The loan, which will be used to fund infrastructure projects, received a strong response from lenders,...
For decades, we have measured fuel economy and miles traveled by car or truck in the familiar miles traveled per gallon of gasoline, or MPG. Some nations don’t use miles as they use the metric system and distance is measured...
The Australian Business Council Dubai (ABCD) recently announced Qantas and Emirates as its official airline partners. Australian Business Council Dubai Chairman, Craig Holding, said the synergy created by the two airlines working in tandem, would provide a range of new...
Worldwide sea piracy levels fell by 54% during the first half of 2012, helped by a massive drop in Somali piracy, an international maritime watchdog said Monday. The International Maritime Bureau said in its report that 'pre-emptive and disruptive counter...
The UAE’s national railway project received a boost with the arrival of first shipment of wagons. The project will be developed and operated by Etihad Rail. These newly arrived vehicles will be used for first stage of the rail project,...
The approval to move into the third phase of the project to develop Emirates Road, in the Maydan V industrial area has been obtained, under the initiatives of President His Highness Shaikh Khalifa Bin Zayed Al Nahyan. This final phase...
James Hogan, President and Chief Executive Officer Etihad Airways, has said that in over a decade, the Etihad Airways contributed more than 200,000 employment opportunities to the United States job market. The Etihad Airways CEO said in a statement issued...
Dubai Police announced they have started a white points system to encourage motorists to follow traffic rules and help cancel black points, local media reported on Wednesday. Lieutenant General Dahi Khalfan Tamim, Dubai Police Chief, said under the new initiative, drivers...
Dubai’s Al-Futtaim Motors announced it is recalling more than 4,000 Toyota Fortuner cars in the UAE for service checks after reports emerged that some models made between 2006 and 2008 developed problems with the rear propeller shaft. “Following communication with...
A recent study released by the U.S.-based JOC Group, which includes the Journal of Commerce, and the PIERs data service, has declared the port of Salalah as the sixth top transshipment port globally and 18th top port globally. According to the...
Air freight is an important element in todays business world. Air freight companies help in shipping goods and heavy weight items from one country or state to another in a short time period. As air planes are used in...
Dubai's Roads and Transport Authority (RTA) said the Dubai Metro project has given a vital boost to the real estate sector of the city by increasing value of land and commercial properties in the vicinity of Metro stations by as much...
Clearly, more number of Saudi's are booking travel and holiday deals online.    A new report published by Euromonitor International for The Hotel Show Saudi Arabia 2015 reveals today that online travel sales to residents in Saudi Arabia showed record 40%...
Dubai's Roads and Transport Authority (RTA) has announced the arrival of the first Dubai tram coaches to Jebel Ali port in the middle of this week. The tram consists of 7 coaches and constitutes the first batch of 11 trams...
A delegation of Etihad Rail, the developer and operator of the UAE’s railway network, has returned from Europe after reviewing the best rail security practices followed by European rail operators. Members of the UAE’s Supreme Committee for Safety and...
Algeria announced it will invest more than $6 billion to modernise public transport by introducing trams in 14 cities nationwide, media reports said. Algiers Subway Company (EMA) said the provinces that will benefit from the trams are Sidi Bel Abbes,...
The Dubai Government's plans to expand the city's metro network by adding a fourth line, the Purple Line, awaits cancellation now. Dubai Airports CEO Paul Griffiths said, ?Our view is that what both airports need is really fast and efficient...
Egypt’s auto retail sector, one of the largest in the Middle East and North Africa (MENA) region, has been hit hard by dwindling sales due to the recent political instability and economic slowdown, but pent-up demand is shoring up...
Oman announced on Wednesday its Ministry of Transport and Communications (MoTC) has initiated work on the feasibility study of the ambitious GCC railway project to boost transport services across the region. The first stage of the railway project will start...
This week's opening of the new Green Line of the Dubai Metro has hotels hopeful at the prospect of additional foot traffic. The 22km long track costed an estimated US$8 billion Green Line and was opened on September 9. Combined...
Heathrow Airport has launched driverless pods to transport passengers between Terminal 5 and its car park, taking a leap into futuristic, sustainable transport systems. The Personal Rapid Transport (PRT) pods are battery powered and they can carry up to 4...