The recent announcement of King Hamad Causeway, the second terrestrial link between Saudi Arabia and Bahrain, is expected to deliver a significant economic boost to Bahrain’s residential, industrial and retail markets, according to global real estate consultancy Cluttons.
THE Bahrain Logistics Zone (BLZ), part of the kingdom’s Transportation Ministry, has signed a tenancy agreement with Logistics Village Management, a subsidiary of Al Kooheji Contracting, a leader in warehouses and logistics facilities.
The Dh120 billion ($32 billion) expansion of Al Maktoum International at Dubai World Central (DWC) is anticipated to be the biggest airport project in the world and will be built in two phases. The airport will ultimately accommodate more than 200 million passengers a year.
A DELEGATION from Dubai World Central (DWC), the world’s first purpose-built aerotropolis, held a road show in India to promote its rapidly expanding Business Park Free Zone to local companies and investors. The visits to New Delhi, Bangalore and Mumbai were supported by the Federation of Indian Chambers of Commerce and Industry (FICCI).
The Middle East airfreight market has become vibrant with strong growth recorded in July and regional airlines looking for new routes to grow their business, according to the International Air Transport Association (IATA). Figures released by IATA said the market expanded 9.4 per cent in July despite the impact of Ramadan.
Jebel Ali among top 10 ports JEBEL Ali is the only port outside the Far East to make it into the latest Top 10 list of the world’s largest ports –an achievement DP World chairman Sultan Ahmed bin Sulayem credits to Dubai’s visionary leadership.