Dubai Ports World (DP World) will build and develop a logistics free zone in Senegal, the port operator announced.
Khalifa Port Container Terminal (KPCT), managed and operated by Abu Dhabi Terminals, has been rated as one of the fastest growing container ports in the world.
Honeywell Aerospace’s latest navigational technology will be available as an option on Airbus A320 and A330 aircraft in early 2018.
Kuwait’s Agility, the largest Gulf Arab transport logistics company, expects revenue to more than double in the next five years as it focuses on emerging markets, its chief executive said.
Nakilat’s move Qatar Gas Transport (Nakilat) has increased its foreign ownership limit to 49 per cent, the Qatar Central Securities Depository said in a statement. Nakilat received approvals for the increase from its shareholders and the government. Foreign ownership was previously capped at 25 per cent.
Gulf Warehousing Company (GWC), a leading logistics provider in Qatar, has registered a growth rate in its net profits for the first nine months of the year at 31.9 per cent, achieving QR135.1 million ($37 million), as compared to QR102.4 million during the period last year. Earnings per share rose to QR2.
Logistics firm Flow, part of the Ghassan Ahmed Alsulaiman Group, plans to start a new Omni-channel and e-commerce centre for Ikea Saudi Arabia in King Abdullah Economic City (KAEC).