The latest data released by International Air Transport Association (IATA) has revealed that Middle Eastern airlines displayed the strongest traffic growth in the world in May 2012
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Turkey?s TAV lands Saudi Arabian airport contract
Saudi Arabia?s General Authority of Civil Aviation (GACA) has signed a contract with Turkey?s TAV Airports-led consortium Tibah Airport Development Company for construction work on the Prince Muhammad bin Abdulaziz International Airport in Madinah
UAE tops region for transport infrastructure
The Global Enabling Trade Report 2012, released by the World Economic Forum (WEF), has placed the UAE first regionally and 11th globally in terms of the availability and quality of transport infrastructure
Bahri and Aramco to merge fleets in US$1.3 billion deal
Saudi Aramco and the National Shipping Company of Saudi Arabia (Bahri) have signed a non-binding MoU to merge the fleets and operations of Bahri and Aramco subsidiary Vela International Marine Limited
Abu Dhabi airport terminal contract signed for US$2.9 billion
Abu Dhabi Airports Company (ADAC) has signed a contract worth AED 10.8 billion (US$2.9 billion) with a joint venture consisting of TAV, CCC, and Arabtec to build the Midfield Terminal Building (MTB) at Abu Dhabi International Airport