Saudi Arabian companies Blominvest and SinoGulf have signed an agreement to develop an industrial logistics park in Riyadh for US$306mn
Logistics
Vopak Horizon to expand Black Pearl storage capacity
Vopak Horizon Fujairah has announced the seventh expansion phase of its Black Pearl project
flydubai to increase flights to Africa from March 2015
Dubai carrier flydubai has announced that it would be increasing the frequency of certain flights to Africa from Dubai by the end of March 2015
Dubai-based airline reports net profit of US$68mn in 2014
Dubai?s low-cost airline flydubai has reported a net profit of US$68mn, which is an increase of 12.3 per cent from 2013 and the airline?s total revenue has gone up to US$1.2bn
W?rtsil? and N-KOM sign Qatar MoU
Provider of marine and energy power solutions W?rtsil? has agreed a Memorandum of Understanding (MoU) with leading Middle East shipyard Nakilat-Keppel Offshore & Marine Limited (N-KOM)