Oman’s Sohar Port and Freezone aims to develop the worlds first self-sustaining freezone cluster that will serve as a hub for innovation.
DAFZA performed strongly in 2016, achieving 16% net profit growth and posting a 2% growth in its total revenue and a 28% increase in its total assets.
Gulftainer successfully implemented the marine and container handling (MACH) terminal operating system (TOS), marking a major technology upgrade.
Industry experts explain that the global shipping sector is in for a tough year in 2017 owing to the falling oil prices and the oversupply of vessels.
Qatari developer and operator of SEZs, Manateq, has finalised deals with DHL and FedEx, to give them access to operate from its SEZs.
Oman Shipping Company (OSC), wholly owned by the Sultanate of Oman, successfully raised $227mn to finance its purchase of 10 new medium range tankers.
Integrated railway systems provider, Alstom, is showcasing its complete rail transport solutions at the Eurasia Rail Turkey 2017 in Istanbul.
Middle East Rail will be held on March 7-8 in partnership with the Ministry of Infrastructure Development and the Federal Transport Authority.
RTA outlined its new roadmap to build smart transport infrastructure over the next four years, which will see the implementation of 34 projects.
Dubais RTA has signed an agreement with Ericsson for deployment of its Regulatory Monitoring System, to regulate the future of public transportation.