The UAE aims to attract a further US$75 billion into the country?s industrial and manufacturing sector by 2025, as part of the government?s continued diversification efforts to raise non-oil and gas revenues, according to the latest UAE Industrial Market View by global real estate consultancy firm CBRE
Logistics
Gulf Marketing Group breaks ground for new distribution facility in Dubai
Gulf Marketing Group, one of the Middle East?s leading family owned holding companies, held a groundbreaking ceremony for a new distribution facility for its business in Jebel Ali Free Zone (JAFZA)
Bahri signs US$120mn deal with Hyundai to build four bulk carriers
Saudi Arabia?s Bahri Dry Bulk, transportation and logistics service provider, has signed a deal worth US$120mn to purchase four bulk carriers from Hyundai Mipo Dockyard, South Korea-based global shipbuilding company Hyundai Heavy Industries (HHI) group
Expansion and investments to drive UAE logistics sector growth, study finds
Expansion projects and new investments are expected to fuel growth within the UAE?s logistics sector over the next five years, according to a recent analysis by the Dubai Chamber of Commerce and Industry
First four Doha Metro trains arrive in Qatar
The first four of the 75 Doha Metro trains have arrived two months ahead of schedule at Hamad Port in Qatar after a three-week journey by sea from Japan?s Kobe Port