The Jeddah Islamic Port (JIP) has outlined plans to spend US$266.6mn on upgrading its facilities to handle an increasing amount of cargo and seasonal backlogs
Logistics
Etihad set to buy stake in Jet Airways
Abu Dhabi flag carrier Etihad Airways is close to finalising deal to buy a 24 per cent stake in Indian Jet Airways for US$300mn
Oman rail contract to be awarded in 2014
A contract for the design and construction of the first segment of the Oman National Railway Project will be awarded before the end of 2014
Agility awarded warehousing contract in Egypt
Logistics service provider Agility has announced that it has been awarded a contract to provide warehousing services to Universal, a home appliance provider in Egypt
Waagner Biro wins Dubai road structure maintenance contract
Steel engineering firm Waagner Biro has secured a five-year US$28.4mn contract for the maintenance of road structures in Dubai