Monday, November 06, 2006


Edition: Issue 105

Monday, November 06, 2006




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Last Week Developments




Business News And Leads


MIDDLE EAST LAST WEEK
* Saudi plans to build port and rail network at Jizan
* Italy asks Dubai World to invest in ports

AVIATION
* Bahrain air traffic explodes to a new high
* RAK campaigns for more airlines; seeks accord with India
* Oman Air appoints GSA for Jordan
* Boeing in talks with Dubai Aerospace for making investments
* Emirates cancels Airbus A340-600 order
* Royal Jordanian Cargo launches Beirut service
* Emirates increase flights frequency to many destinations
* Cargo, passenger traffic up at Oman's main airports
* Etihad Airways to induct one aircraft per month

RAILWAYS
* Iran signs pact with Russia for rail cooperation

ROADWAYS
* Dubai RTA to spend Dh 44-bn to ease traffic

FREIGHT FORWARDERS
* Gulftainer forms JV with Shaheen for logistics biz in Pakistan
* Empost signs pact with Loylogic



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SUPPLY CHAIN

* DCV’s Jan-Sep cargo throughput pegs at 15%

AIRPORTS
* Cargo Traffic: Sharjah Airport logs in 17.9% growth

SEAPORTS
* Jebel Ali box capacity to touch 67-mn TEUs by 2030

ROADS
* New road opens up for traffic

TECHNOLOGISTICS
* Modular fabrication yard to come up in JV at Sohar Port

CUSTOMS
* Dubai Customs World signs pact with SCE

EXPORT-IMPORT
* Furniture import on the rise in Arab countries
* Brazil's exports to UAE touched $750-mn

CORPORATE RESULTS
* Aramex Q3 revenue up 65 percent to Dh 360.8-mn

NEW FACES
* Oman Air named Al Haremi as its CEO

EVENTS
* Adipec 2006 begins

CONSTRUCTION
* Akar Properties to build Singapore Tower in Dubai

ELECTRICITY
* Iran moots electricity pact with Pakistan

OIL & GAS
* Horizon expands network terminals at Ulsan Port
* Qatar's gas to flow into UAE during Q2 of 2007
* Oman spends $4-bn to augment crude production
* Dana Gas forms JV to build LNG terminals
* First export cargo from Oryx GTL to commence later this year

ICT
* Complete e-ticketing will save $3.5-bn: IATA






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