Kuwait signed an US$8mn contract with Ernst and Young Company for the state-planned metro system.
Logistics
Port service area project in Bahrain enters tendering stage
Bahrains General Organisation of Sea Ports (GOP) started the tendering process for the construction of a purpose-built service area at the Khalifa Bin Salman Port (KBSP), reported Trade Arabia.
ME HQ moved to Dubai
Kuehne + Nagel, one of the worlds leading logistics providers, has relocated its Middle East regional headquarters from Istanbul to Dubai.
Study shows high demand for inter-emirate rail service
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?s aerospace ambitions get a boost
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.