Home next Industry next Transport

Transport

Emirates Launches Luxury Private Jet Service

Emirates Executive launches at a time when business aviation is seeing a rise in regional demand.

Abu Dhabi’s ADPC Pumps Dhs17m Into Port, Leisure Facilities

The investment in Marfa Port will be used to develop the port’s infrastructure and maritime leisure facilities.

Saudi Arabia To Spend $800m On Land For Riyadh Metro

Last week the government awarded $22.5 billion in contracts to three foreign-led consortia for the metro system.

Middle East Carriers Record 12.1% Passenger Growth In June

Global passenger demand showed a year-on-year growth of six per cent.

Etihad Says Jet Deal Deadline Extended Until Aug End

The Abu Dhabi carrier is awaiting Indian regulatory approval to acquire a $379 million stake in Jet Airways.

UAE’s Etihad To Acquire 49% Stake In Serbia’s JAT Airways

Under the deal signed with the Serbian government, Etihad will provide a $40 million loan facility to JAT.

Qatar Dreamliner Returns To Service After 10-Day Hiatus

The Qatari airline said that the 787 jet was out of service for what it described as a “minor” technical issue.

Budget Carrier Jazeera Profit Soars By 95%

The airline recorded passenger growth of 4.1 per cent, along with a load factor of 70 per cent in H1 2013.

DP World Says H1 Consolidated Volumes Down 5.7%

The port operator’s volumes dropped in Asia, Europe and the Middle East.

Is Boeing’s 787 Dreamliner “Doomed”?

Bad publicity around the aircraft is just media-created hype and all the glitches will iron out gradually, says analyst.

Jet Rotana To Operate Thrice Weekly Flights from Abu Dhabi To Dubai

Tickets for a roundtrip between the emirates are priced at Dhs150.

Saudi’s $22.5bn Metro Project Aims To Shift Economy Beyond Oil

Six rail lines carrying electric, driverless trains and extending 176 kilometres in Riyadh are to be completed by 2019.

Salini Impregilo Team Wins $6bn Saudi Metro Project

The firm’s attributable net income from the deal will equal around 29 per cent of the $4.9 billion estimated for civil works.

Jet Wins Key Approval For Etihad Deal, With Conditions

India’s foreign investment regulator gave conditional approval to the $379 million deal.

Dubai June Airport Passenger Traffic Up 17.5%

Passenger traffic was aided by Emirates airline’s tie-up with Australia’s Qantas.

Pictures: Timeline Of Boeing 787 Dreamliner Problems

Qatar Airways grounded one of its Dreamliners earlier this week after a technical glitch.

Is Bahrain’s Gulf Air Finally On A Flight To Recovery?

The airline, undergoing a restructuring process, said that year-on-year losses reduced by over 50 per cent in the first half of 2013.

Saudi Arabia Awards $22.5bn Contracts To Build Riyadh Metro

The project is the world’s largest public transport system currently under development, said Saudi officials.

Etihad And Serbia’s JAT To Sign Partnership Deal On August 1

The two airlines agreed to share route-booking codes in April but stopped short of an equity tie-up.

Qatar Grounds A Boeing 787 Due To Minor Glitch

The 787 has suffered a spate of mishaps in recent weeks, including a spontaneous fire on an Ethiopian Airlines-owned aircraft.

Toyota SUV Sales Record Strong Gulf Growth

Land Cruiser leads the sales in the SUV category while Prado and Rav4 also has recorded considerable growth in H1 2013.

Jet-Etihad Deal Hits Another Roadblock

The Indian capital markets watchdog has expressed reservations that the control of Jet stands the chance of passing into foreign hands post the deal.

Dubai’s Aramex Q2 Net Profit Rises 12%

The performance of the logistics firm was boosted by growth in core Gulf and African markets.

MENA Rail Contracts Hit $434m In Q1

The UAE rail network, which will form part of the planned Gulf-wide network, is expected to cost $10.9 billion with a 1,200 kilometre route.

Etihad Working Towards July 31 Jet Deal Deadline

The Abu Dhabi carrier agreed in April to buy a 24 per cent stake in Jet Airways but political concerns and scrutiny by Indian market regulators have delayed the deal.

Abu Dhabi World’s Best Market For Rolls-Royce

The UAE capital recorded the highest number of sales across the maker’s markets in the first half of 2013.

UAE’s Air Arabia Surges To Near 5-Year High

Air Arabia is the top trader on the UAE bourse after jumping 8.3 per cent to reach its highest levels since October 2008.

Emirates Skycargo Terminal At Dubai World Central Opening May 2014

Work is underway on 700,000sqm facility which will be supported by dedicated road feeder services to Dubai International.

India’s Jet: Etihad Investment Completed In A Few Months

Etihad in April agreed to buy a 24 per cent stake in Jet for $379 million and it is also making a $150 million equity investment in Jet’s frequent flyer programme.

Audi Middle East Sales Jump 20% In H1 2013

Audi’s pre-owned vehicle sales also witnessed substantial growth along with car sales.