Arab Contractors, one of the leading construction companies in the Middle East and Africa, has partnered with Orascom Construction Company (OC) to build Egypt?s first primary monorail project on the suburbia of Cairo
Logistics
Gulf Islamic Investments buys Amazon?s logistics centres for US$114mn
Gulf Islamic Investments (GII), the UAE-based Islamic financial services company, has acquired Amazon?s logistics centres covering an area of about one million square feet for US$144mn
GreenParking to establish 18 charging stations along 2018 EVRT Middle East route in UAE and Oman
A new network of over 18 state-of-the-art charging points will be established to power the convoy of electric vehicles taking part in the 2018 Electric Vehicle Road Trip (EVRT) Middle East
SOHAR Port wins world?s best dry bulk port award

SOHAR Port CEO Mark Geilenkirchen (centre) receives the award at the IBJ Awards. (Image source: SOHAR Port)
SOHAR Port and Freezone has won the world?s ?Best Dry Bulk Port Award? at IBJ Awards ceremony, which took place recently in Amsterdam, Netherlands
Toyota aims to sell more than 5.5mn EVs by 2030

In 2014, Toyota launched the world?s first mass-produced fuel cell sedan ? Mirai. (Image source: Toyota)
Toyota Motor Corporation (Toyota) announced its plans to popularise electric vehicles (EVs) owing to the incentives launched globally and also in the GCC