Transport & Shipping

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Tourism is expected to be boosted by the move (Image: PortofSohar)
August 31, 2014 - 07:13 GMT
With Oman's cargo authorities shifting port activities from Muscat to Sohar, it will not only boost the economy but also create a positive future for the country's industrial development.

August 19, 2014

The Suez Canal is a main source of income for Egypt, generating annual revenues of $5 billion.
13:47 GMT

Egypt has selected a Saudi consultancy to draw up the plan for the government's mega project to transform the Suez Canal waterway into a hub of international investment and free trade zones.

Matthew Jennings, Etihad Airways Senior Manager of Public Affairs post, based in Washington, D.C
11:25 GMT
(press release)

Etihad Airways announced the appointment of Matthew Jennings, a seasoned federal and international government affairs leader with more than a decade of experience, to the newly-created Senior Manager of Public Affairs post, based in Washington, D.C.

August 18, 2014

The Center for International Maritime Security said the Suez Canal has long been a point of contention and the situation is unlikely to improve anytime soon.
20:46 GMT

Promises by Chinese president Xi Jinping to build a “Silk Road” and the Red Med project proposed by Benjamin Netanyahu were renewed this year, raising concerns about negative implications on the Suez Canal.

The upcoming tripartite talks between Egypt, Ethiopia and Sudan were initially planned to take place in Cairo but were later moved to Khartoum.
11:19 GMT

"Egypt has a new vision, that will not affect Egypt's water share, and we are expecting that the other party responds to it," said El-Moghazi.

Kia 'Green Light Project' in Malawi, Africa
07:20 GMT
(press release)

Kia Motors Corporation announced the expansion of its ongoing global corporate social responsibility (CSR) program, the ‘Green Light Project’.

August 17, 2014

Suez Canal investment certificate yields will be paid to certificate-holders from annual revenues, after one year of drilling the canal, Governor of Central Bank of Egypt Hisham Ramez announced Friday.
19:35 GMT

The certificates, agreed upon by President Abdel Fattah Al-Sisi as a source of financing the new Suez Canal project, will be issued through public sector banks over a period of 5 years.

Promotional campaign on the Land Rover LR4
09:50 GMT
(press release)

Mahmoudia Motors - the sole and official dealer of the Jaguar and Land Rover brands in Jordan - announced the launch of a promotional campaign on the Land Rover LR4.

Air Arabia
05:48 GMT
(press release)

Air Arabia announced that from September 2, 2014 it will run three flights per week from its new hub in Ras Al Khaimah to Chittagong, Bangladesh.

August 14, 2014

The company said it plans to float a tender, inviting bids from pre-qualified companies for constructing the first package of the 170-km Sohar-Buraimi route this month.
22:51 GMT

The Oman Railway Company (ORC) unveiled a list of pre-qualified consortiums to undertake its national railway project on Wednesday, according to a report by theTimes of Oman.

The move into Eritrea is in line with the airline’s ongoing strategy to serve emerging markets largely underserved by international airlines.
22:43 GMT

Qatar Airways will become the first Gulf carrier to serve Eritrea from December 4.

Toyota Corolla
09:36 GMT
(press release)

Al-Futtaim Motors, exclusive distributor of Toyota in the UAE, is offering some of its most popular models at very attractive monthly payments as part of its ‘We’re not kidding’ campaign.

August 13, 2014

The airport is set to open in 2017 and will be the largest airport in the world, serving 150 million passengers annually.
21:41 GMT

İstanbul's third airport, currently under construction and set to open in 2017, will be named after President-elect Recep Tayyip Erdoğan.

The Dubai-based carrier is the world's largest operator of the A380 jets. In November, it announced plans to buy another 50 from the European planemaker at the Dubai Air Show.
20:37 GMT

Emirates used the loan to take delivery of its 50th superjumbo, the bank said.


UAE was ranked the top country in the Middle East based on passengers carried.
11:52 GMT

Middle East airlines carried 157.9 million passengers in 2013, marking an increase of 8.8 per cent over the figures for the previous year.

Andres Iniesta & AMP Thiago Silva Nissan
09:41 GMT
(press release)

Nissan’s innovative partnership with the UEFA Champions League kicks off today at the 2014 UEFA Super Cup with the launch of its Engineers of Excitement program.