KSA to invest Dh97.9b to wean off of oil dependency, creating 1.6m jobs by 2030

February 7, 2019
Saudi Arabia has announced a 100-billion (Dh7.9-billion) riyal plan aimed at weaning the kingdom off oil, creating 1.6 million jobs and attracting as much as 1.6 trillion riyals in investment by 2030.

DP World to invest Dh1b in JAFZA despite ‘challenging’ outlook

February 7, 2019
The chairman of Dubai’s DP World said the port operator was facing a challenging 2019, particularly at its flagship Jebel Ali Port, but would still be investing in expanding the JAFZA freezone.

Petrasco signs agreement to provide warehousing and freight services to Flowline

February 7, 2019
Energy logistics firm Petrasco will provide warehousing and freight services for Flowline’s operations in Dubai in the United Arab Emirates, according to a new six-figure deal signed between the two companies.

Turkish Cargo carries out first cargo transportation from Istanbul Airport

February 7, 2019
Providing services to 124 countries worldwide with the title of the fastest growing air cargo brand in the world, Turkish Cargo carried out the first air cargo transportations from Istanbul Airport to Ankara and...

Saudia Cargo participates in Air Cargo Africa 2019

February 6, 2019
Saudi Airlines Cargo Company prepares to participate in the fifth edition of the international event Air Cargo Africa 2019, in Johannesburg, South Africa from 19-21 February 2019.

Egyptair Cargo modernizes fleet with its second EFW Airbus A300 delivery

February 5, 2019
Egyptair Cargo has taken delivery of its second EFW Airbus A330-200 passenger-to-freighter conversion, as it upgrades and modernises its fleet.

Panalpina rejects DSV’s takeover bid

February 5, 2019
Panalpina has rejected a takeover bid by DSV after its largest shareholder informed the board of directors that it does not support the proposal.

AAS belly cargo up by 4.1% despite sight decrease in freight volumes in 2018

February 5, 2019
Amsterdam Airport Schiphol (AAS) has reported a 4.1 percent increase in total belly cargo and an average decrease of 2.5 percent in overall freight volumes in 2018 figures. AAS remains Europe’s third largest air...

VD Gulf receives approval for Boeing 777 aircraft type, extending its scope

February 5, 2019
VD Gulf, the Volga-Dnepr Technics subgroup company within Volga-Dnepr Group, has received approval for the Boeing 777 aircraft type. As one of the leading MRO providers in the Middle East with its location in...

Uni-top Airlines starts scheduled link between Wuhan and Luxembourg

January 20, 2019
Wuhan based Uni-top Airlines recently started their new scheduled service between their hub in Wuhan and Luxembourg. The three weekly flights is operated with a leased B747-400.