Logistics

Dubai tram contract worth US$1.09 billion awarded

Dubai_tramThe Roads & Transport Authority (RTA) said it has awarded a 13-year maintenance contract for the Al Sufouh tram project in Dubai to a consortium comprising Alstom Co and Cofely-Besix Co.

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DP World saw strong growth in 2011

DP_World_growthDP World posted a record year for container handling, with over 54.7mn TEU handled in 2011, an increase of 10 per cent over 2010.

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Cargo volumes at Dubai airports jumped in 2011

Cargo_DubaiDubai International and the new Dubai World Central Al Maktoum International handled 2.3mn tons of cargo in 2011 which was an  increase on the previous year.

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Saudi Airlines places US$2.4 billion Boeing order

Saudi_BoeingSaudi Arabian Airlines has placed an order for eight Boeing 777-300ERs valued at US$2.4 billion.

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Etihad Rail financing plan cleared

railway-trackEtihad Rail’s plan to borrow US$1.3 billion to finance part of the construction of a nationwide railway network was approved by the UAE cabinet.

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