Mecca metro gets US$5.4 billion in financing
The implementation of the first phase of a metro network in Saudi Arabia?s holy city of Mecca has been allocated US$5.4 billion in financing, the Mayor of Mecca announced.
Logistics
Regional airlines showed 14.5 per cent growth
IATA recorded increased regional freight traffic
The regions airlines saw traffic grow by 14.5 per cent in January, according to the International Air Transport Association (IATA).
Abu Dhabi to open Khalifa Port in Q4
ADPC nearing completion of Phase I of Khalifa Port.
Abu Dhabi Ports Company (ADPC) received three new Super Post Panamax Ship to Shore (STS) container cranes and reaffirmed that Khalifa Port will open in the fourth quarter of this year.
Iraq to issue tenders for first phase of Grand Faw port
Iraq will start to invite bids for the first phase of the US$6mn Grand Faw port in the South of the country, Iraq?s port company said.
Hyundai Mipo to build tankers for Kuwait
Hyundai Mipo Dockyard has received an order worth US$250mn to build four chemical tankers for Kuwait.
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