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 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.

The aircraft accommodates 27 standard pallets (2.5 metre x 3 metre) on the main deck.
14:29 GMT
(press release)

“The delivery of our sixth Boeing 777 freighter is a proud moment for Qatar Airways Cargo,” said Qatar Airways Chief Executive Officer, His Excellency, Mr. Akbar Al Baker.

Etihad Rail safety campaign
06:14 GMT
(press release)

Etihad Rail, the developer and operator of the UAE’s national railway network, launched this week a multi-faceted campaign that will educate and urge communities to follow safety rules along the path of the railway network.

June 23, 2014

Jaguar Land Rover
07:10 GMT
(press release)

250 new jobs have been created by the UK’s largest automotive employer as the Land Rover Discovery Sport is today confirmed as the latest model to be produced at Jaguar Land Rover’s Halewood plant.

Royal Jordanian
05:55 GMT

Royal Jordanian launched a new brand campaign that reflects the experience of travel with Royal Jordanian, highlighting its world-class services and the attention to detail that makes it the airline of choice.

June 22, 2014

Sahaab Aircraft Leasing
10:56 GMT
(press release)

Jazeera Airways announced that its fully-owned aircraft leasing subsidiary Sahaab Aircraft Leasing has entered the EU aviation market by placing two Airbus A320 aircraft on long-term leases with TAP Portugal airlines.

June 19, 2014

Honda Civic limited
08:17 GMT
(press release)

This Ramadan, Al-Futtaim Honda is offering customers limited editions of the Honda Civic and CR-V while offering unlimited choices across its other models.

June 18, 2014

During the event
11:53 GMT

The Telecommunication Regulatory Authority of the UAE (TRA) released its “ICT in UAE; Business Survey – 2013”.