Khalifa Port Container Terminal, a semi-automated port based in Abu Dhabi, UAE, is ready for the next phase of its expansion that will see its annual handling capacity surge to 2.5 million twenty-foot equivalent units (teu) from the current 1.9 million teu.
Dubai-based ports operator DP World will invest $1.9 billion in China, according to the Twitter account of the Crown Prince of Abu Dhabi. Sheikh Mohammed bin Zayed Al Nahayan was on a three-day official visit to Beijing, during which a host of business deals were announced between the UAE and China.
Commercial operations on the first stage of Etihad Rail’s network are to begin officially following approval the rail company won from the transport authority. Etihad Rail, the developer and operator of the UAE’s national railway, will now move from its trial operations to commercial operations.
Work at the Riyadh Metro site is progressing well with the majority of the main stations ready and the project likely to be completed in 2019, said a report citing a senior government official.
Emirates SkyCargo, the freight division of Emirates, has expanded its presence in Turkey with the start last month of a non-stop service to Sabiha Gökçen International Airport. The new service augments cargo capacity to and from the country by an additional 168 tonnes per week.
UASC selects Deutsche Bank DUBAI-based United Arab Shipping Company (UASC) has selected Deutsche Bank to provide advanced cash management solutions in 18 countries across Europe. UASC is among the largest Middle East shipping lines with 185 offices.