transport


Dubai's DP World Confirms $4.5bn Investment Deal For Ports

Middle East Business News - Published date: .

Port operator says that despite Covid-19 it is well positioned to face the current challenges experienced by the industr... Read more

Emirates Airline Said To Seek Billions In Loans, In Addition To Govt Support

Middle East Business News - Published date: .

Dubai government last week to shield the Emirates airline with new equity Read more

Emirates Helps Arsenal Prepare For Premier League Run In With Training Camp In Dubai

Sports and Eneterainment - Published date: .

Arsenal is wrapping up their winter training in Dubai Read more

Abu Dhabi Wealth Fund To Invest In Operator Of Mumbai Int'l

Middle East Business News - Published date: .

Abu Dhabi Investment Authority, along with Canada's PSP Investments and India's NIIF, to invest over $1bn in GVK group Read more

UAE Car Rental Service Secures $5m Funding To Drive Expansion

Middle East Business News - Published date: .

Udrive, the app-based pay-per-minute car rental service, has announced a $5 million Series B round of funding Read more

Oman Seeks Up To $6bn For Airline, Airports Expansion

Middle East Business News - Published date: .

Oman Aviation Group is aiming to raise funds for the expansion of Oman Air and airports in the country Read more

Dubai's W Motors May Launch Own Formula E Team By 2020

Sports and Eneterainment - Published date: .

W Motors CEO Ralph Debbas said Formula E is 'more exciting' than 'monotonous' Formula 1 Read more

Jet Airways Fails To Pay Interest To Etihad-linked EA Partners

Middle East Business News - Published date: .

Entity set up to finance affiliates of Etihad Airways says Jet Airways India has become the third carrier to fall behind... Read more

Opinion: Only Two Stars For The Uber-Careem Deal

Middle East Business News - Published date: .

Elie Khouri, CEO of Omnicom Media Group MENA, takes a longer-term of the record-breaking transaction Read more

Kingdom Holding To Invest Careem Proceeds In Saudi, Europe

Middle East Business News - Published date: .

Saudi investment firm owned by Prince Alwaleed made almost 100% return from sale of stake in Dubai ride-hailing firm Read more

Dubai-Panama Direct Flight A Matter Of Time Says Ambassador

Middle East Business News - Published date: .

Emirates shelved plans for a non-stop flight between Dubai and Panama in 2016 Read more

Unit Of Abu Dhabi Fund Inks Deal To Buy Indian Highway Project

Middle East Business News - Published date: .

Subsidiary of the Abu Dhabi Investment Authority has entered into a binding deal with India's Reliance Infrastructure Read more

Saudi-backed Blackstone Fund Said To Seek Minority Stake In Carrix

Middle East Business News - Published date: .

Blackstone Infrastructure Partners was established under an agreement calling for Saudi Arabia's Public Investment Fund ... Read more

Footballer Sala's Missing Plane Found: Investigators

Sports and Eneterainment - Published date: .

Sala was travelling from France to join up with his new club, Premier League side Cardiff City Read more

Dubai's DP World Raises Stake In Australian Port Operator

Middle East Business News - Published date: .

The deal values DP World Australia at an enterprise value of nearly $1bn Read more

Air Arabia Lawsuit Against Abraaj Founder Is 'abuse Of Legal System', Says Lawyer

Middle East Business News - Published date: .

Dr. Habib Al Mulla said the misdemeanour case filed by the airline is an attempt to exercise pressure in order to achiev... Read more

Air Arabia Files Lawsuit Against Abraaj Founder Arif Naqvi

Middle East Business News - Published date: .

Air Arabia said in June that it had an exposure of $336m to funds managed by Abraaj Group Read more

Etihad-backed Jet Airways Mulls Options Over $1.2bn Debt

Middle East Business News - Published date: .

One option for lenders led by State Bank of India is to seek extra investment from founder Naresh Goyal and Etihad Airwa... Read more

Etihad-backed Jet Airways Mulls Options Over $1.2bn Debt

Middle East Business News - Published date: .

One option for lenders led by State Bank of India is to seek extra investment from founder Naresh Goyal and Etihad Airwa... Read more

Dubai Announces Free Parking, Metro Timings For New Year's Eve

Sports and Eneterainment - Published date: .

All RTA service, vehicle testing and registration centres will be closed until January 2 Read more