Dubai Airport Freezone will see its leasable space expanded by up to 90 per cent starting in 2012 that could bring in as many as 1,000 new companies.
Logistics
Airline profits set to grow
Middle East airlines profits are set to quadruple this year to US$400 million, according to a report from the International Air Transport Association (IATA).
Middle East to be shipping hub
The Middle East should prepare to capitalise on the world shipping industry?s increasing focus on the East, an industry expert has said.
Etihad expands codesharing agreement
Etihad Airways, the national airline of the UAE, has announced it will expand its codeshare agreement with Royal Air Maroc, the national airline of Morocco, providing customers with access to more destinations in Morocco and West Africa.
King Fahd Causeway expansion revealed
Expansion work will begin next year to increase the capacity of the King Fahd Causeway, which links Bahrain and Saudi Arabia, to handle up to 100mn passengers a year. The plan will include the construction of two 400,000 sqm artificial islands, one on the Bahrain side and one on the Saudi side of the causeway.