Egypt plans to construct a new canal parallel to the Suez Canal costing US$4bn, in a bid to expand trade along the shipping route between Europe and Asia
Logistics
DHL Express invests US$177 million in new MENA facilities
Global express service provider DHL Express has invested US$177mn in new facilities located in Saudi Arabia, UAE and Egypt
BKT holds tire seminar in Qatar
Balkrishna Industries Limited (BKT), manufacturers of ?off-highway? tires, and Almuftah Tyres and Lubricants Division conducted a technical seminar in June 2014 at the Radisson Blu Hotel in Doha, Qatar
Gulf Air increases flights to Kuwait
Bahrains national carrier Gulf Air has increased the number of flights it operates from Bahrain International Airport to Kuwait, following a rise in passenger demand between the two countries
Dubai set to have ?world?s busiest airport?
The UK?s Ascend Flightglobal Consultancy has predicted that the Dubai International Airport is set to become world?s busiest international airport by first half of 2015