Global express service provider DHL Express has invested US$177mn in new facilities located in Saudi Arabia, UAE and Egypt
Logistics
Dubai Cranes & Technical Services LLC opens storage and assembly unit

According to MEED Projects, more than US$15bn worth of construction jobs have been awarded in UAE alone. (Image source: Oatsy40/Flickr)
Dubai Cranes & Technical Services LLC has launched a crane storage and assembly facility in Dubai
KBL establishes value-added services facility in Egypt

Sanjay Kirloskar, chairman and MD of KBL with Navdeep Suri, Indian Ambassador to Egypt and Mostafa Abu Zeid, chairman of MED at Ministry of Irrigation, Government of Egypt, inaugurates the new facility of SPP Pumps MENA LLC in Cairo. (Image source: Kirloskars Brothers Limited)
Global fluid management solutions provider Kirloskar Brothers Limited (KBL) has set up a 10,000 square metres facility in Egypt?s capital Cairo to provide value-added services under the subsidiary SPP Pumps MENA LLC
Japan to provide soft loan to Iraq for power and port sector

JICA has supported infrastructure projects in sectors like electricity, water and wastewater management, oil, irrigation in Iraq since 2003. (Image source: News Oresund /Flickr)
The Japanese International Cooperation Agency (JICA) has announced that it will provide a soft loan of US$4.5bn to develop power sector and port infrastructure in Iraq
Riyadh to get US$1.6 billion facelift

Studies, supervision, face-lifting and beautification of entrances of the mayoralty and municipalities will also be done. (Image source: Bakar_88/Flickr)
The Riyadh provincial council announced that it has approved of 25 projects including drainage canals, networks and floodwater passage worth US$1.6bn