Logistics

Bahri signs US$120mn deal with Hyundai to build four bulk carriers

BahriSaudi Arabia’s Bahri Dry Bulk, transportation and logistics service provider, has signed a deal worth US$120mn to purchase four bulk carriers from Hyundai Mipo Dockyard, South Korea-based global shipbuilding company Hyundai Heavy Industries (HHI) group

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Expansion and investments to drive UAE logistics sector growth, study finds

container StockSnap sxc.huExpansion projects and new investments are expected to fuel growth within the UAE’s logistics sector over the next five years, according to a recent analysis by the Dubai Chamber of Commerce and Industry

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First four Doha Metro trains arrive in Qatar

Qatar DohaThe first four of the 75 Doha Metro trains have arrived two months ahead of schedule at Hamad Port in Qatar after a three-week journey by sea from Japan’s Kobe Port

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Jebel Ali Free Zone trade hits US$80.2bn in 2016

Jafza DPDP World has announced the growing of Dubai-based Jebel Ali Free Zone’s (Jafza) non-oil foreign trade by 17 per cent from 23.9mn to 27.9mn tonnes in 2016, worth US$80.2bn

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Groupe Renault signs a new joint venture in Iran

RenaultGroup 94456 global enGroupe Renault has announced the signature of a joint venture agreement with the Industrial Development & Renovation Organization of Iran (IDRO) and PARTO NEGIN NASEH Co, an importer of Renault products in Iran

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