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Logistics

Kuwait signed an US$8mn contract with Ernst and Young Company for the state-planned metro system.

Kuehne + Nagel, one of the worlds leading logistics providers, has relocated its Middle East regional headquarters from Istanbul to Dubai.

The proposed rail line between Abu Dhabi, Dubai and Sharjah has received a vote of confidence with a new study coming out showing that there would be high demand for such a service, reported The National.

Abu Dhabi based investment company Waha Capital is taking a 20 per cent stake in Dutch-based aircraft leasing firm AerCap Holdings, in a deal worth around US$380mn.

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