• DP World JV acquires majority stake in India firm

    'NEW GROWTH JOURNEY'
    Hindustan Infralog Private Limited, a joint venture between DP World and the National Investment and Infrastructure Fund, has closed the transaction to acquire 90 per cent stake in Continental Warehousing Corporation (Nhava Seva) in India.

  • Aramco, Korea partner on trade, human resources


    Saudi Aramco recently signed an agreement with the Korea Trade-Investment Promotion Agency (Kotra) to collaborate in areas of trade, investment, and human resources (HR).

  • Volvo’s XC40 achieves top ratings in 2018 Euro NCAP tests


    Volvo Cars, a leading car maker, announced that its XC40 model was recently recognised with five stars and top ratings in its 2018 Euro NCAP tests.

  • GE, Microsoft partner in major IoT initiative


    GE and Microsoft Corp have announced an expanded partnership, bringing together operational technology and IT to eliminate hurdles industrial companies face in advancing digital transformation projects.

  • Honeywell launches new gas metering solution


    Honeywell, a Fortune 100 software-industrial company, has launched a new gas metering solution that provides easy-to-use health monitoring of midstream metering systems for operations, maintenance and leadership teams.

  • Lockheed Martin gold sponsor of Bahrain air show


    Lockheed Martin, the giant American military aircraft manufacturer, will be the gold sponsor of the Bahrain International Airshow (BIAS) 2018, being held in November.

  • New agriculture bulk terminal set up in Salalah


    Oman’s Port of Salalah marked another milestone in its ongoing initiative to promote Oman as a logistics hub for the region with the successful commissioning of a state-of-the-art agricultural bulk terminal, said a report.

  • Aircraft market to cross $6 trillion in 20 years: Boeing

    DELIVERY OF 42,730 JETS SEEN
    Boeing has raised its 20-year forecast for passenger and cargo aircraft deliveries to 42,730 jets, with the value at list prices hitting $6.3 trillion.

  • Renault-Nissan-Mitsubishi alliance posts $6.6bn synergies


    Renault - Nissan - Mitsubishi alliance has reported a 14 per cent increase in annualised synergies to €5.7 billion ($6.67 billion), up from €5 billion in 2016, as they benefited from growing cost savings, incremental revenues and cost avoidance.

  • Hyundai's Kona SUV to arrive in Mideast next month


    Hyundai has revealed that Kona, a premium subcompact SUV, will officially arrive in Middle East and Africa (MEA) from early August, with the company expecting the model to attract strong sales among younger and more style-conscious customers.

  • US completes review of Gulftainer's Port of Wilmington deal


    UAE-based Gulftainer, an independent port operator, has revealed that the US Federal Government has completed a review of the agreement that grants a unit of Gulftainer the rights to operate the Port of Wilmington in Delaware.

  • Commvault unveils programme enhancements for partners


    Commvault, a global leader in enterprise backup, recovery and data management, has unveiled broad programme enhancements to help partners simplify, streamline and scale their businesses.

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Industry News

DP World JV acquires majority stake in India firm

Hindustan Infralog Private Limited, a joint venture between DP World and the National Investment and Infrastructure Fund, has closed the transaction to acquire 90 per cent stake in Continental Warehousing Corporation (Nhava Seva) in India. ...


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News & Features - July 2018

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Rabigh Petrochemical Logistics (RPL), a joint venture company between Almajdouie Logistics of Saudi...




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