The governor of the Central Bank of Egypt (CBE) has announced that the country has raised US$8.5bn for the expansion of the Suez Canal
Logistics
Omani firm to develop US$700mn dry port in Cote d?Ivoire
Omani contracting firm Hasan Juma Backer & Contracting (HJB) is investing US$700mn to build a dry port in Cote d?Ivoire, West Africa
GIBCA Crushing and Quarry Operations Limited signs supply chain deal with Etihad Rail
GIBCA Crushing and Quarry Operations Limited has signed an memorandum of understanding (MoU) with Etihad Rail for the supply of raw materials to its distribution and export terminals
Dubai?s Al Maktoum International Airport to expand operations by 2020
Dubai will invest US$32bn to expand the newly constructed Al Maktoum International Airport, in order for the facility to accommodate 200mn passengers annually by 2020
Gulftainer records 14 per cent year-on-year growth in SCT
Gulftainer has announced a 14 per cent year-on-year growth in container volumes in the first six months of 2014 at Sharjah Container Terminal (SCT) in the UAE