Transport

Logistics firm says second quarter performance boosted by growing revenue in its core Gulf market
One of the world's biggest port operators sees performance boosted by new business at its London, Brazil facilities
Det skandinaviske flyselskab SAS arbejder netop nu på hvilke foranstaltninger, der skal gennemføres, efter at det er kommet frem, at der foreligger en konkret terrortrussel mod Norge. Foto: Nikolai Linares
Det britiske lavprisselskab Easyjet får stryg på børsen i London, efter at selskabet torsdag er kommet med regnskab for tredje kvartal af det forskudte regnskabsår 2013/14. Det er pres på billetpriserne samt fremtidsudsigterne, der bekymrer investorerne. Foto: JOHANNES EISELE
Airbus A320 en route from Burkina Faso to Algiers disappeared from radar over Gao, Mali
The award winning Ford Fusion leapfrogs its main competitors with an unprecedented suite of driver assist technologies usually found only in luxury cars costing twice as much. And since its introduction in the Middle East, Ford’s latest mid-size sedan has seen great feedback and increasing demand,...
The all-new 2015 Cadillac Escalade – set to arrive in showrooms across the Middle East in August 2014 – is already proving to be a huge success amongst Qatar’s consumers. According to Mannai Automotive, the exclusive dealer of Cadillac in Qatar, the pioneering vehicle has received a staggering...
The all-new 2015 Cadillac Escalade – set to arrive in showrooms across the Middle East in August, 2014 – is already proving to be a huge success amongst UAE consumers. According to Liberty Automobiles Co., the exclusive dealer in the UAE, the pioneering vehicle has received a staggering amount of...
UAE. Speakers at 3rd TOC CSC Middle East conference in Dubai assess port investment and development in India, Pakistan and Sri Lanka.
OMAN. Sultanate's economic growth seen at 3.5% for 2014; The government has earmarked tourism as one of the key sectors to drive its economic diversification strategy; Oil & gas revenues have peaked.
IRAN. The vessels were fishing illegally in Iranian waters under Saudi flags. The nine sailors of various nationalities on board were arrested, a local coast guard official said.
INTERNATIONAL. The deal struck yesterday in Geneva will relax restrictions on cars, petrochemicals, aviation parts, gold, and insurance for oil cargoes. In addition, it will let Iran continue exporting oil at current levels instead of forcing further reductions.
UAE. Passenger and cargo flights to the Libyan capital temporarily suspended following safety and operational challenges which the airline has observed in recent months at Tripoli airport.
UAE. Award recognizes contribution made by the APICORP Petroleum Shipping Fund to the shipping industry; Fund "makes a signal contribution to Middle Eastern shipping, and to the global advance of the industry," says Lloyd's List.
UAE. Revenues increased to AED 827 million vs Q3 2012; Net profits increased 13% to AED 59.9 million vs Q3 2012.
OMAN. MEED Oman Projects Forum 2013 opens at the Grand Hyatt Muscat on 28 October;A total of 50 speakers will address the event which will be attended by 200 delegates.
UAE. The new partnership gives Shop and Ship members access to exclusive discounted deals on Groupon Goods deals.
UAE. African frontier markets in focus at Middle East Work Boats & Offshore Marine 2013 as US$132 trillion of untapped reserves presents risk/reward for Gulf investors.
UAE. Jebel Ali's interest rate on the loan raised last year will fall to 3% above the Emirates interbank offered rate starting this month from 4.25%.
UAE. Contract awarded by Abu Dhabi Ports Company (ADPC) to manage the development of Delma Port, located about 40 km off the coast of the Western Region of Abu Dhabi.
EGYPT. A "terrorist" staged an unsuccessful attack on a container ship passing through the Suez Canal on Saturday, in an attempt to disrupt the flow of ships through the waterway.
UAE. Organised in cooperation with the National Transport Authority, meeting sheds light on the new act effective 1st September.
UAE. The biggest threat currently seen in commodity markets is the risk of a disruption of the safe passage of crude oil and products through the Suez canal and the Suez - Mediterranean pipeline.
BAHRAIN. Arcapita acquired a majority stake in 3PD in 2006 as a growth asset that offered significant opportunity due to the fragmented and growing demand for last-mile services in North America.
YEMEN. Yemen said it uncovered an al-Qaeda plot to seize port facilities in the volatile southeastern province of Hadramut after the U.S. and Britain urged their nationals to leave the country.
INTERNATIONAL. Britain has issued the highest possible security alert to shipping companies operating off the coast of Yemen, amid a worldwide terror alert focused on the country.
EGYPT. By disrupting some of the big, dominant companies, Egypt's unrest created more space for small, nimble start-ups to operate. "Egyptians became risk-takers after the revolution."
INTERNATIONAL. Because supply far exceeds demand, shipping rates have plummeted, as have the prices of ships. Continued poor performance and a sluggish global economy could eventually force the shipping industry to restructure.
UAE. The agreement aims to enhance cooperation between the parties regarding training and technical assistance, initiatives and mechanisms in the field of risk management and trade processes.
UAE. AED 1.32 billion facility successfully syndicated and oversubscribed.

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