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.

February 6, 2013

Workers at Egypt's Ain Sokhna port are taking industrial action demanding employment contracts with port managers
10:08 GMT

A labour dispute at Egypt's Ain Sokhna seaport remains unresolved, with almost 1200 workers of Platinum Maritime Services – a subcontractor at the seaport – demanding employment contracts with Dubai-based DP World, which manages the port.

Toyota
09:46 GMT
(press release)

Toyota Motor Corporation (TMC) today announces its financial results for the nine-month period ended December 31, 2012.

According to an industry executive, returns on Qatari railway investment could top $38 billion
09:32 GMT

According to an industry executive, there is about $38 billion (Dh139.76 billion) worth of potential returns for investors over the next 20 years in rail-related projects in Qatar.

FJ Cruiser in the Desert
07:55 GMT

Al-Futtaim Motors partners with Explorer to search for the Ultimate Explorer.

February 5, 2013

Air Arabia carried record numbers of passengers last year
13:06 GMT

The regions first and largest low-cost airline, Air Arabia, has recorded a 5.3 million passengers in 2013, up by 13 per cent.

Egypt's decision to raise the ost of using the Suez Canal could see ships diverted away from the trade route
07:31 GMT

The decision of Egypt’s Suez Canal to raise its toll fees may cause the already struggling ship owners to re-route their vessels to the Cape of Good Hope, the International Chamber of Shipping (ISC) said on Monday.

February 4, 2013

Etihad Airways posted a 200 per cent increase in profits for 2012
10:20 GMT

Etihad Airways, flag carrier of the UAE, posted a tripling of profits, up by 200 per cent for last year.

Al Tayyar Travel Group with Sudan Airways
08:39 GMT
(press release)

Al Tayyar Travel Group has announced an exclusive partnership agreement with Sudan Airways for a period of five years starting on the 2nd of February, 2013.

Oman Air is increasing its fleet as well as  increasing operations to India
08:08 GMT

Oman Air, the flag carrier of the Sultanate, has acquired two additional aircraft as the airline expands it s operations with India.

Air Arabia
08:06 GMT
(press release)

Air Arabia reported that it carried a record 5,301,484 passengers in 2012, a 13 per cent growth compared to the previous year.

Duplays VW
07:42 GMT
(press release)

DUPLAYS and Al Nabooda Automobiles are calling on all creative types for a new competition to design the coolest fleet of cars on the Dubai roads.

Etihad Airways
06:35 GMT

Etihad Airways reported net profit of US$42 million in 2012, up 200 per cent on 2011 (US$14 million) in a year which saw strong improvements in revenues, passengers numbers and cost control.

Abu Dhabi Airports Company
06:20 GMT
(press release)

Abu Dhabi Airports Company signed last week a Memorandum of Understanding with Airport Council International to partner with the Council regarding their latest safety program.

February 3, 2013

The Suez Channel.
13:44 GMT

The Suez Canal Authority (SCA) has succeeded in dragging and anchoring a Danish container ship, the Emma Maersk, after it had experienced a leak due to problems with its propeller on Friday night.

Emirates Airline
12:27 GMT

Emirates welcomed the introduction of a Boeing 777-300ER on its Dubai-Lusaka-Harare daily service.