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
Dubai Cranes & Technical Services LLC has launched a crane storage and assembly facility in Dubai
KBL establishes value-added services facility in Egypt
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
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
The Riyadh provincial council announced that it has approved of 25 projects including drainage canals, networks and floodwater passage worth US$1.6bn