The signing ceremony held at Al Remailah Palace. (Image source: Abu Dhabi Ports)
A 35-year concession agreement between Abu Dhabi Ports and the Port of Fujairah was signed recently
Concession agreement to develop, manage and operate Fujairah Port
Logistics
Abraaj Group divests stake in Careem to Kingdom Holding Company
Careem is currently active in more than 80 cities in the region, up from 20 at the time of Abraaj group?s investment in 2015. (Image source: Tom Wang/Shutterstock)
The Abraaj Group announced that it has divested shareholding in Careem, the UAE?s leading transportation network company, to the Saudi Arabia?s conglomerate Kingdom Holding Company
Hargeisa joins Air Arabia?s growing African network
Airbus A320-200 Air Arabia plane. (Image source: Laurent ERRERA/Commons)
Two weekly flights connecting Sharjah and Hargeisa starting 4 July 2017
Saudi Arabia will acquire 242 MAN buses to cater to public transport demands
MAN Lion?s buses are expected to make Saudi Arabia?s public transport system enjoyable and efficient at the same time. (Image source: MAN)
Saudi Public Transport Company (SAPTCO) has signed a contract with the French public transport company RATP Dev to supply 242 MAN Lion?s City M city buses to Riyadh, aiming to meet the growing demand for improving public transport facilities in the kingdom
Alserkal to open truck facility centre worth US$2.72mn in Dubai
The ground-breaking ceremony was attended by officials from Alserkal, Dubai Municipality, RTA, Dubai Police, Emirates Transport, Dubai Government Workshop ENOC Lubricants and Enoc Tasjeel. (Image source: Alserkal)
Nasser Bin Abdullatif Alserkal Est. has partnered with Dubai Municipality to construct Alserkal Bridgestone Truck Tyre Centre worth US$2.72mn in the Al Ruwwaya area of Dubai that will fulfil the increasing demand of a professional trucking centre and facility for the UAE
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