Tuesday 29 July 2014
 
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Transport sector

Mena rail project awards hit $434m in Q1

The value of rail contracts awarded throughout the Middle East and North Africa reached $434 million in the first quarter of 2013, roughly 17 per cent of the total $2.55 billion awarded in the transport sector overall. The value i

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German investors eye Saudi transport sector

German investors are keen to play a major role in the huge projects Saudi Arabia has earmarked to develop its transport network, according to a senior German government official. Federal Minister for Transport, Building and Urban Developme

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ME transport giants set up new group

Major manufacturers, dealers, suppliers and end users from the region's road transport sector have joined forces to support the launch of the new Commercial Vehicles Middle East Business Group. Located in Dubai but aimed at having a br

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$400bn per year 'needed to cut transport oil use’

An annual investment of $400 billion is required to achieve 25 per cent penetration of alternative energy sources from 2010 to 2030 and reduce total oil consumption in transport by 0.5 per cent per year, a report said. More than 60 per cen

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