The Port of Duqm Company has signed a 25-year usufruct land lease agreement for a 50,000 sq m plot with The Petroleum Projects and Technical Consultations CO (Petrojet) in Oman
Logistics
DP World to set up Mali Logistics Hub
DP World has signed a 20-year concession with an automatic 20-year extension with the Republic of Mali to build and operate a 1,000 ha modern logistics hub outside of Bamako, the capital
Siemens wins service contract for Dubai airports
Siemens Postal, Parcel & Airport Logistics (SPPAL) has received a service contract for the baggage and material handling systems at the two international airports in Dubai
RTA tests rail fastening systems in UK?s factory
A delegation from the Dubai Roads and Transport Authority (RTA) has visited the UK?s Pandrol factory to test and verify the efficiency and the manufacturing quality of rail fastening systems, which will be supplied to Dubai?s Route 2020 metro expansion project
Kuwait?s warehousing market set for positive incline
Kuwait warehousing market is expected to register positive CAGR of around 10.1 per cent from 2017-2022, with growth in imports of dairy products, food items, fruits and vegetables and planned capital expenditure in warehousing space expansion, said Ken Research, a global market research firm