Logistics

Dubai airport traffic increases in July

Dubai International Airport

Passenger traffic at Dubai International Airport jumped 9.7 per cent to a monthly record of 4.7mn in July, Dubai Airports said.

DP World first half year profits rebound

DP World posted strong results for the first six months of 2011 of $741mn, up from US$219mn in the same period last year, which was boosted by the one-time gain for the Australia business.

Construction of Mecca rail project to begin in 2013

Stage 1 construction of the Mecca Mass Rail Transit project (MMRT) is set to begin in 2013 with services due to begin in 2017.

Advance Rail Group partners with Saudi firm for future rail projects

UAE-based Advance Rail Group (ARG) has joined up with a major Saudi Arabia contractor to bid on more than US$800 million worth of future rail opportunities in the Kingdom.

Emirates Steel agrees MoU with Etihad Rail

Emirates Steel, the largest integrated steel manufacturer in the UAE, signed a Memorandum of Understanding (MoU) with Etihad Rail to use rail as the primary method for steel transportation across the UAE.