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

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

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

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