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
Logistics
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
Gulftainer records 24 per cent growth in ports' operations
Gulftainer has reported a 24 per cent year-on-year increase in trade volumes in 2012