Transport & Shipping

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Cairo's notorious traffic costs Egypt LE47 billion ($6.5 billion) every year, or 2.5 percent of its current GDP, according to a recently released World Bank study.
June 10, 2014 - 12:28 GMT
Cairo is also under-supplied with public transport, compared to similar large cities around the world.

June 29, 2014

Ford
08:31 GMT
(press release)

Ford Motor Company is bringing to market a new generation of steering technology that will help make vehicles easier to maneuver at low speeds and in tight spaces.

Group photo in front of the exclusive gates
07:54 GMT
(press release)

Jazeera Airways Group inaugurated four new gates equipped with two state-of-the-art bridges at Kuwait International Airport.

June 26, 2014

Ford
12:48 GMT
(press release)

Ford Motor Company was recognized recently for its commitment to sustainability, ranking No. 1 on Interbrand’s 2014 list of the 50 Best Global Green Brands.

 Vinci said the contract includes the construction of 25 stations and the electric infrastructure surrounding the four-line network, which is expected to stretch 33 kilometres when finished.
11:59 GMT

The tramway in Qatar's newest planned city with a population of 200,000 is expected to open in 2018 with further lines added two years later

Toyota Avanza
11:27 GMT
(press release)

Al-Futtaim Motors, exclusive distributor of Toyota in the UAE, has further extended its line-up of Toyota vehicles with the addition of Toyota Avanza, an affordable high occupancy small Multi-Purpose Vehicle (MPV).

Etihad Airways
08:29 GMT
(press release)

Etihad Airways, the national airline of the United Arab Emirates, has introduced mobile boarding passes on select routes for guests using its mobile online check-in facility.

Emirates will provide small snack boxes at the boarding gates of Emirates Terminal 3, while large Iftar meal boxes will be served to passengers in-flight
07:06 GMT

Emirates has introduced several initiatives to ensure the well-being and comfort of its customers observing the fast during the holy month of Ramadan.

June 25, 2014


The Business Insider World’s Best Airlines list was compiled using the criteria of the quality of the passenger experience and the airline’s punctuality
13:06 GMT

Oman Air achieved ninth place in the list, beating many of the best-known giants of the aviation industry, in areas such as its passenger experience.

Jazeera Airways
12:03 GMT
(press release)

Jazeera Airways Group announced that it has secured a USD 70.5 million dollar debt facility through Kuwait’s Ahli United Bank as part of the Group’s ongoing strategic debt restructuring plans to align with future growth plans.

Hyundai Elantra
11:03 GMT
(press release)

UAE Drivers looking for a new car deal this Ramadan can take advantage of one-time offers being made available from Hyundai through Juma Al Majid Est., the sole distributor of Hyundai Motors in the UAE.

Ford lightweight concept car
08:44 GMT
(press release)

Ford Motor Company recently unveiled its Lightweight Concept vehicle, which uses advanced materials to explore future weight-reduction solutions that could improve performance and fuel efficiency.

Turkish Airlines
07:41 GMT
(press release)

With existing services to Paris, Lyon, Nice, Toulouse and Marseille, Turkish Airlines adds Bordeaux as its 6th destination in France.

Flight arriving from Athens landed at QAIA
07:09 GMT
(press release)

Airport International Group (AIG), has announced the commencement of scheduled Aegean Airlines flights through QAIA.

The first batch of Etihad Airways cadet pilots to successfully obtain a bachelor degree in Aviation Science from Abu Dhabi University
06:12 GMT
(press release)

Etihad Airways welcomed the latest group of graduates from its innovative development program to join divisions across the airline as pilots, managers, contact centre staff and technical engineers.

June 24, 2014

“The objective of the fund is to achieve a risk adjusted medium to long-term capital appreciation while generating a quarterly cash dividend to investors,” it added.
17:57 GMT

With a targeted size of $5 billion from a combination of equity and debt, the fund will focus exclusively on Airbus aircraft.