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Tag: logistics

Construction & Real Estate

Etihad Rail launches new service linking Fujairah to Abu Dhabi Industrial City

Etihad Rail, the developer and operator of the UAE National Rail Network, and AD Ports Group, a global enabler of integrated trade, industry and logistics solutions, have partnered to launch a direct rail service connecting Fujairah Terminals with the Industrial City of Abu Dhabi (ICAD). ...

Construction & Real Estate

SAL Logistics, CIMC to explore new logistics, infrastructure projects

SAL Logistics Services has signed two agreements with CIMC’s Middle East and North Africa Regional Headquarters to explore new areas of collaboration in logistics solutions and infrastructure, logistics zone development, and attracting Chinese businesses and investments to the kingdom. ...

Construction & Real Estate

Oman’s Al Mazunah Free Zone draws $366m investments in H1

Oman's Al Mazunah Free Zone has localised four projects during the first half, covering industrial and logistics sectors spanning 2,415 sq m. With this move, its cumulative investment in the free zone has risen to RO141 million ($366 million), with leased space topping 1.4 million sq m out of a total 15.36 million sq m. ...

Construction & Real Estate

7X approves first six EV charging station sites across emirates

7X, a leading transport, and logistics group, in collaboration with Emarat EV Charging Stations Company, has approved the first six EV charging station sites across facilities operated by 7X’s National Network for Logistics. These EV stations will support logistics and transport fleets and help reduce carbon emissions. ...

Construction & Real Estate

Bahri unit seals strategic logistics collaboration with Red Sea Global

Bahri Logistics, a unit of Saudi national shipping company Bahri, has signed an agreement with Red Sea Global, the developer behind regenerative tourism destinations to expand their existing partnership and also explore new opportunities for strategic logistics collaboration. ...

Construction & Real Estate

Al Rajhi Capital, LogiPoint launch fund for $1.3bn Jeddah industrial park

Al Rajhi Capital and LogiPoint have entered into a deal to establish a dedicated investment fund for the development of the South Jeddah Logistics and Industrial Park, a landmark mixed-use logistics and industrial project in the Saudi port city, at a total investment of SAR5 billion ($1.3 billion). ...

Construction & Real Estate

Dubai South signs mortgage partnership deal with Emirates NBD

Dubai South Properties has entered into a strategic partnership with leading regional bank Emirates NBD to offer tailored off-plan mortgage solutions to its customers looking to buy freehold real estate projects within the mega urban master development Dubai South....

Construction & Real Estate

Mawani signs $262m logistics expansion deals at Jeddah port

Saudi Ports Authority (Mawani) has signed seven contracts worth a total of SAR1 billion ($262 million) with national and international companies for the construction and expansion of logistics centres at Jeddah Islamic Port and the Al Khumra logistics zone....

Construction & Real Estate

Arcapita, Hines eye investments in GCC industrial, logistics real estate

Arcapita, the global alternative investment firm, has signed a partnership deal with Hines, one of the world’s largest real assets investment managers, to jointly explore the creation of an institutional-grade platform focused on industrial and logistics real estate assets across the Gulf region. ...

Construction & Real Estate

Saudi Arabia, Türkiye in deal to boost co-op in logistics, railways

The Kingdom of Saudi Arabia and Türkiye have signed two agreements to expand co-operation in the logistics and railway sectors following talks between their transport ministers in Riyadh. The first deal covers logistics services and operations, while the second focuses on the railway sector. ...

Construction & Real Estate

Jebel Ali Rail Terminal facilities to hit 1.6m TEUs capacity

DP World has announced that work is moving at a steady pace on the three key facilities within Jebel Ali Rail Terminal, which connects the port directly to the UAE’s national rail network and has an 800,000 TEUs capacity. On completion, the terminal will boast a total capacity of 1.6 million TEUs per annum. ...

Construction & Real Estate

RTA awards contract for three integrated truck rest areas in Dubai

Dubai’s Roads and Transport Authority (RTA) has awarded a contract for the development of three integrated truck rest areas in partnership with the private sector. The facilities span a total area of over 210,000 sq m, with a combined capacity for 490 trucks and heavy vehicles. ...

Construction & Real Estate

Metal Park seals lease agreement with top Dubai developer Binghatti

Metal Park, the first integrated downstream metals ecosystem based in Kezad, Abu Dhabi, has signed a lease agreement with Dubai developer Binghatti, thus establishing a collaboration focused on optimising its own construction supply chain through improved control, efficiency and material assurance. ...

Construction & Real Estate

ALAS Emirates Ready Mix to set up new production facility in Dubai

ALAS Emirates Ready Mix, a leading ready-mix concrete supplier in the UAE and the largest in Abu Dhabi, has entered an agreement with Dubai Industrial City, part of TECOM Group, to develop a new facility in the region’s premier manufacturing and logistics hub....

Construction & Real Estate

UAE food company Barakat starts work on new Abu Dhabi manufacturing plant

Barakat Group, a leading UAE fresh food and juice producer, has announced that work has begun on its new manufacturing facility in Khalifa Economic Zones Abu Dhabi (Kezad) that will produce industrial-scale halal baby food. It is projected to create 200 direct jobs, spanning manufacturing, food safety and logistics sectors. ...

Construction & Real Estate

Aramco JV inks deal with Arcapita to build major logistics facility at Spark

ASMO, a joint venture between Saudi Aramco and DHL Supply Chain, has partnered with Arcapita, a global alternative investment firm, to develop a 1.4 million sq m purpose-built logistics facility at King Salman Energy Park (Spark) in Saudi Arabia that will house a 43,000-sq-m Grade-A warehouse as well as offices and staff facilities. ...

Construction & Real Estate

Modon, Medlog in deal to set up integrated logistics zone in Jeddah

The Saudi Authority for Industrial Cities and Technology Zones (Modon) has sealed an agreement with Medlog, the logistics arm of Mediterranean Shipping Company (MSC), for the establishment of an integrated logistics zone over a 100,000 sq m area in Jeddah. ...

Construction & Real Estate

GFH Partners Manrre, Palmon launch new chemical warehouse in Jafza

GFH Partners Manrre REIT, together with its development manager Palmon Group, has announced the opening of a specialised temperature-controlled chemical warehouse in Jebel Ali Free Zone (Jafza), Dubai further expanding the Fund’s Grade A logistics portfolio. ...

Construction & Real Estate

Legend Holding to set up major logistics complex at Jafza

Dubai-based Legend Holding has entered into an agreement with Jebel Ali Free Zone (Jafza) to set up its regional headquarters and logistics complex on a 1 million sq ft area. Construction will be delivered in two phases, starting with space for 5,000 vehicles in April. ...

Construction & Real Estate

Mawani joins Arasco to build logistics facility at Dammam port

The Saudi Ports Authority (Mawani) has signed an agreement with Arabian Agricultural Services Company (Arasco) to establish a new logistics facility for storage and distribution on a 40,000 sq m area at the King Abdulaziz Port in Dammam. ...

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