Oman?s largest port is set to double its general cargo handling capacity following a government decision to award a commercial bid worth OMR 55 million (US$143 million) to Netherlands-based marine contractor Archirodon Construction (Overseas) Company
Logistics
Jeddah officially opens Red Sea Gateway Terminal
RSGT will increase Jeddah Islamic Port?s annual capacity by 45 per cent. (Image Source: rsgterminal.com)
The new Red Sea Gateway Terminal (RSGT) at Jeddah Islamic Port has been officially opened, and is the first privately funded build operate and transfer (BOT) port development in Saudi Arabia
Bombardier launches academy for Saudi rail project managers
Berlin-based Bombardier Transportation has launched a rail project management academy in Saudi Arabia to train a new generation of project managers who will go on to deliver urban transport projects across the region
Regional airlines recover from the impact of Arab Spring
Middle East airlines see passenger demand up in February
The number of passengers flying on regional airlines in the Middle East increased by 23.4 per cent in February compared to the same period last year as the aviation industry shrugged off the impact of the Arab Spring, according to the latest International Air Transport Association (IATA) monthly report
Increased cargo volumes drive DP World profit
DP Worlds profits surged by 82 per cent in 2011. (Image source: DP World)
DP World reported that full year profit increased by 82 per cent to US$683 million, helped by increased cargo volumes, compared to $375 million in 2010
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