Abu Dhabi Ports Company (ADPC) has announced that the development of Shahama Port is underway to transform the surrounding area into a commercial, leisure and tourism hub
Logistics
AECOM joint venture wins US$72 million airport contract
AECOM has announced that a joint venture it is part of has won a five-year, US$72mn contract for the re-development and expansion of King Khaled International Airport (KKIA) in Riyadh, Saudi Arabia
Etihad Rail to see first freight shipments by year end
Etihad Rail has secured a key line of funding for the first link in the UAE?s US$10.89bn national railway network, with first freight shipments set to start later this year
APICORP launches US$150 million shipping fund
Arab Petroleum Investments Corporation (APICORP) has announced the establishment of a US$150mn shipping fund aimed at leveraging growth opportunities in the petroleum product tanker charter market
Trade development to form focus of World Ports & Trade Summit
The changing dynamics of seaborne trade development are expected to be the focus of discussion at the World Ports & Trade Summit, which is taking place from 19-20 March
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