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
Logistics
Oman rail contract to be awarded in 2014

The first segment of the 1,061km network for priority implementation would be the Al Ain-Sohar Port section. (Image source: amandabhslater/Flickr)
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

Agility will manage the storage of various components for microwaves, washing machines, refrigerators, and several other home appliances in its Egypt warehouse. (Image source: toolstop/Flickr)
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

Waagner will be in charge of Dubai road structure maintenance including bridges, underpasses, fire pump stations, road furniture and water features. (Image source: Leandros World Tour/Flickr)
Steel engineering firm Waagner Biro has secured a five-year US$28.4mn contract for the maintenance of road structures in Dubai
Etihad Rail?s first train engines arrive at UAE?s Mussafah Port
Etihad Rail, operator of UAE?s national railway network, announced the arrival of the first two of seven locomotives, carrying train engines, at Mussafah Port