Top Transport News

  • Increased access to Jumeirah Lakes Towers welcomed by JLT community


    The Dubai Multi Commodities Centre ("DMCC"), the licensing authority for the Jumeirah Lakes Towers ("JLT") Free Zone, announced that the RTA has opened the new Western Parallel Road, running on the south side of the community and connecting JLT to Al Barsha, Emirates Hills and The Meadows. Press Release - 11Feb 09:28GMT
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  • GCC airports' expansion woos investors


    The massive airports expansion programs underway in the GCC countries have been attracting international aviation companies to the region as the airport operators look for technology and services to handle future growth volumes. The Saudi Gazette - 11Feb 07:36GMT
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  • Sanctions start to affect Iran's oil shipping ahead of embargo


    Though a full European embargo on Iran's crude oil won't be in force until mid-year, a ban on new insurance and shipping on Iranian oil is throwing spanners in the trade as shippers join some oil majors in stopping their dealings with Tehran. Zawya Dow Jones News - 11Feb 06:22GMT
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  • Losses force Royal Jordanian to clip wings


    Royal Jordanian (RJ) announced this week that its board of directors decided to suspend operations to five destinations on its route network. Jordan Times - 10Feb 09:08GMT
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  • Piracy at sea cost world $7b in 2011


    The steep cost of maritime piracy is adding to the woes of the world economy weighed down by the Eurozone crisis, according to a new report. Khaleej Times - 10Feb 07:24GMT
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  • UAE: Apply for UK visa early, diplomat says


    Dubai The British Ambassador to the UAE has assured residents here that entry into the United Kingdom to attend the London 2012 Olympic Games will not be too much of a hassle. Gulf News - 10Feb 07:01GMT
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  • Etihad will launch roadshow to finance new fleet


    Etihad Airways, which has just become profitable in its eighth year of operations, will soon launch a roadshow to raise funds to finance new aircraft purchases, James Hogan, President and Chief Executive, said. Gulf News - 10Feb 06:52GMT
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  • Etihad Airways turns profitable after eight years


    After eight years since it was founded, Etihad Airways earned its first profit in 2011 with a net $14 million (Dh51.4 million) for the full year. Gulf News - 10Feb 06:31GMT
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  • Khalaf Al Habtoor meets with Serge Dassault in Paris


    On a recent trip to Paris, Khalaf Al Habtoor, the Chairman of the Al Habtoor Group, met with Serge Dassault, the Chairman and Chief Executive Officer of the Dassault Group. Press Release - 09Feb 12:44GMT
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  • Big Boys Toys entrusted to GAC Dubai


    As the world's top manufacturers of luxury lifestyle products line up to showcase their gadgets and racing machines in Dubai, GAC has been gearing up to the task of delivering them to the region's leisure and entertainment capital. Press Release - 09Feb 10:05GMT
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Zawya Select
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Libya
Hampering business
In recent weeks business delegations from across the world have found their way to Libya. China is seeking to resume operations for 26 companies in 50 projects worth $19bn in the real estate, rail, oil and telecommunications industries.
 

 
Saudi Arabia
In a shift
A court in Saudi Arabia agreed to hear the first lawsuits by Saudi women challenging the kingdom's de facto ban on women driving, activists and a lawyer for one of the women said.
 

 
Projects
Top 25 transportation projects
The Middle East's transportation needs are going to grow threefold over the next few decades. Here's a list of the 25 major transportation projects that will transform the region but also make demands on its energy supplies.
 
 
Companies in Transport
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| No. of Employees | Total revenue
  Company Country Market
Cap
($mil)
1 DP World UAE 9,130
2 Qatar Navigation Qatar 2,233
3 Agility Public Warehousing Company Kuwait 1,432
4 The National Shipping Company of Saudi Arabia Saudi Arabia 1,222
5 Air Arabia UAE 821
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