Saudi Arabia?s Bahri Dry Bulk, transportation and logistics service provider, has signed a deal worth US$120mn to purchase four bulk carriers from Hyundai Mipo Dockyard, South Korea-based global shipbuilding company Hyundai Heavy Industries (HHI) group
Logistics
Expansion and investments to drive UAE logistics sector growth, study finds
![Container port traffic in the UAE is expected to reach record level of 28.4mn TEUs by 2021. (Image source: StockSnap/sxc.hu)](/images/container-StockSnap-sxc.hu.jpg)
Container port traffic in the UAE is expected to reach record level of 28.4mn TEUs by 2021. (Image source: StockSnap/sxc.hu)
Expansion projects and new investments are expected to fuel growth within the UAE?s logistics sector over the next five years, according to a recent analysis by the Dubai Chamber of Commerce and Industry
First four Doha Metro trains arrive in Qatar
![The Doha Metro project is expected to transform the rapid transit system in Qatar. (Image source: Qatar Rail)](/images/Qatar_Doha.jpg)
The Doha Metro project is expected to transform the rapid transit system in Qatar. (Image source: Qatar Rail)
The first four of the 75 Doha Metro trains have arrived two months ahead of schedule at Hamad Port in Qatar after a three-week journey by sea from Japan?s Kobe Port
Jebel Ali Free Zone trade hits US$80.2bn in 2016
![China has maintained its position as Jafza?s largest trading partner with US$11.3bn worth of trade during the year with many Chinese companies in Dubai using logistics capability to re-export goods and products. (Image source: DP World)](/images/Jafza-DP.jpg)
China has maintained its position as Jafza?s largest trading partner with US$11.3bn worth of trade during the year with many Chinese companies in Dubai using logistics capability to re-export goods and products. (Image source: DP World)
DP World has announced the growing of Dubai-based Jebel Ali Free Zone?s (Jafza) non-oil foreign trade by 17 per cent from 23.9mn to 27.9mn tonnes in 2016, worth US$80.2bn
Groupe Renault signs a new joint venture in Iran
![From left to right : Thierry Bollor?, Member of Groupe Renault Executive Committee and Chief Competitive Officer, Mansour Moazzami, Deputy Minister and head of IDRO, Kourosh Morshed Solouk, Managing Director of NH Group. (Image source: groupe Renault)](/images/RenaultGroup_94456_global_en.jpg)
From left to right : Thierry Bollor?, Member of Groupe Renault Executive Committee and Chief Competitive Officer, Mansour Moazzami, Deputy Minister and head of IDRO, Kourosh Morshed Solouk, Managing Director of NH Group. (Image source: groupe Renault)
Groupe Renault has announced the signature of a joint venture agreement with the Industrial Development & Renovation Organization of Iran (IDRO) and PARTO NEGIN NASEH Co, an importer of Renault products in Iran