Revenues from tractor exports reached over $48.8mn in the last Iranian year (ended March 20), announced the managing director of Iran Tractor Manufacturing Company (ITMCO).
Logistics
Equipment tenders to be launched by Etihad Rail
Etihad Rail is inviting companies to apply for prequalification to be shortlisted for tendering, on a competitive basis, for the supply of railway maintenance equipment.
Al Futtaim Logistics acquires 32 warehousing units at Dubai Industrial City
Al-Futtaim Logistics (AFL) signed a three-year agreement to acquire 32 warehousing units at Dubai Industrial City, a member of TECOM Investments Manufacturing and Logistics Cluster.
ABB won US$85mn Saudi rail order to supply GIS
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ABB won an order worth US$85mn from AlFanar Construction Co. to supply 380 kV indoor gas-insulated switchgear (GIS) that are a key component of new substations that will power the 444km long high-speed Haramain rail line currently under construction in Saudi Arabia.
Baghdad metro to be designed by Systra
The design of the US$3mn Baghdad metro has been awarded by the Baghdad Municipality to the French company Systra.