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Wed, 07 Jan 2009 | 18:19 GMT
 
Top Transport News

  • GWC, Agility Qatar Plan To Merge Operations


    Development will see emergence of a new logistics leader in Qatar offering comprehensive portfolio of logistics services. Press Release - 07Jan 13:40GMT
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  • Volumes At Gulftainer Terminals Up Over 15% In '08


    Gulftainer, has announced that volumes at its terminals in the UAE grew by over 15 percent in 2008, compared with 2007 volumes, to reach 2,501,829 teu, reflecting increasing customer confidence in the company in these difficult times. Press Release - 07Jan 10:21GMT
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  • Airlines in Saudi Arabia Cut Fares


    A number of airline companies have cut their ticket fares by 10 to 20 percent in the wake of a decline in fuel prices. Saudi Arabian Airlines said it was reducing ticket charges on its international flights by 10 to 15 percent. Arab News - 07Jan 08:18GMT
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  • Comprehensive policy is needed to end problems faced in Abu Dhabi


    There is no short-term solution to Abu Dhabi's parking woes. A comprehensive public transport system is needed. That is under development. Gulf News - 06Jan 07:56GMT
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  • Gulf Navigation takes delivery of new tanker


    Gulf Navigation Holding yesterday said it has taken delivery of 'Gulf Deffi', the first of three tankers expected to join its fleet this year. Emirates Business 24/7 - 06Jan 06:58GMT
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  • SAA undergoes fleet modernization


    The Saudi Arabian Airlines (SAA) has started updating its fleet as part of its plan to cope with the latest technology in aviation industry. The Saudi Gazette - 06Jan 06:51GMT
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  • Aramex plans further acquisitions despite uncertain times


    Aramex, a leading global courier and logistics company is keen on expanding into international markets despite the current global economic conditions, said a top company executive. Emirates Business 24/7 - 06Jan 06:30GMT
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  • GAC's expansion plans under way in Africa


    GAC Group, a global shipping, logistics and marine services provider, has commenced its operations in Maputo, Mozambique, with plans under way for a second office in Beira as part of its African expansion. Emirates Business 24/7 - 06Jan 06:29GMT
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  • Dubai Maritime City to be completed on schedule


    The development of Dubai Maritime City, the world's first purpose-built maritime centre and part of the Dubai World Group of companies, is expected to be completed on schedule as it continues to achieve major milestones. Emirates Business 24/7 - 06Jan 06:28GMT
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  • Jawazat self-service soon at Jeddah, Dammam airports


    The Directorate General of Passports is scheduled to implement the self-service system for completion of travel procedures for passengers through King Abdul Aziz International Airport in Jeddah and King Fahd Airport in Dammam. The Saudi Gazette - 06Jan 06:28GMT
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On Its Fleet Again

Libyan Airlines rose from an eight-year ban in 1999 to resume  its international services. Since then, its rebuilding efforts have included a merger with Al Jamahiriya and in 2007, the Airline raised its paid up capital by 76% to USD136.5 million and ordered 15 airbus aircrafts.
 
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Al Masaood Automobiles UAE Transportation Products
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Industrial City of Abu Dhabi III (ICAD 3) - Infrastructure Facilities Package UAE Infrastructure
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Turmoil Hopes
Air Arabia is sitting on $1bn in cash, says its chief, but the company will have to raise finance when its order of 44 new aircraft starts arriving from the middle of 2010.
 
 
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Helping Gulf Economies
Major air and rail projects are among huge public sector schemes going full steam ahead in Gulf countries, as the credit crunch takes its toll.
 
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 | No. of Employees | Total revenue
  Company Country Market
Capital
($mil)
1 DP World UAE 6,308
2 Agility Public Warehousing Company Kuwait 2,371
3 National Shipping Company of Saudi Arabia Saudi Arabia 1,528
4 Air Arabia UAE 1,207
5 Qatar Navigation Qatar 1,167
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