The MENA countries plan to establish a strong passenger and freight transport network with 16 major railway projects worth US$352bn currently underway in the region, according to Terrapinn Middle East, organiser of Middle East Rail
Logistics
Bahrain awards contracts for new airport terminal
Contracts worth US$1.1bn have been awarded for the construction of a brand new terminal at Bahrain International Airport, which, on completion in 2019, will be able to handle nearly 14mn passengers
Gulf Air restructures aircraft orders worth US$7.6bn
Bahrain?s national carrier, Gulf Air, announced restructured orders of 45 aircraft with Boeing and Airbus in deals worth a total of US$7.6bn
Oman to launch its first budget airline
Oman?s Public Authority for Civil Aviation has awarded a new air services operator license to Muscat National Development and Investment Company (Asaas) to set up the country?s first low-cost airline
Daimler Trucks return to Iran
Daimler Trucks has signed letters of intent with its local cooperation partners Iran Khodro Diesel (a subsidiary of Iran Khodro Indutrial Group) and the Mammut Group