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Egypt wants to be 'logistics hub' for grain storage

Egypt, the world's largest wheat importer, wants to be a ‘global logistics hub’ for grain storage by securing its own strategic reserves and exporting locally made flour to other Arab states, the supply minister said on Tuesday

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Mideast emerging as ‘global logistics hub’

The Middle East offers ‘extremely lucrative’ opportunities for companies able to take advantage of the region’s emergence as a global logistics hub, said a senior official.   In a keynote speech

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Air Arabia to start flying from Ras Al Khaimah

Air Arabia, the United Arab Emirates' (UAE) only publicly listed airline, will begin flying from the Ras Al Khaimah (RAK) emirate starting May 6, taking over from RAK Airways which suspended operations earlier this year. The S

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Bahrain keen to be GCC investment hub

Bahrain is keen to become a GCC investment hub, as the nation considers such co-operation a key element that strengthens states, said the Premier.   His Royal Highness Prime Minister Prince Khalifa bin Salman Al

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Drive to make Bahrain investment hub

Bahrain's Premier has asserted that the government has spearheaded an economic programme to make Bahrain a favourable destination for foreign investment - convincing local businessmen to invest national capital in the country.

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NBAD to set up 8 international hubs

National Bank of Abu Dhabi (NBAD) aims to become the largest, safest and best performing bank in UAE and GCC, the bank’s CEO said outlining its expansion strategy. Alex Thursby, who became the group chief executive officer o

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TNT Express new Dammam hub work begins

Construction work on TNT Express’ future air and road hub began at Dammam’s King Fahd International Airport (KFIA) today. The new facility, which will enter service by January 2015, will quintuple the size of TNT Expre

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Abu Dhabi enters 'Top 100 MICE hub' list

Abu Dhabi has been named among the top 100 busiest global meetings destinations in the International Congress and Convention Association’s (ICCA) 2012 global city rankings for the first time, said a report. The rankings are

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Dubai gears up for next, more modest boom

  Four kilometres off the coast of Dubai, more than 200 tiny, man-made islands bake under the sun. Built five years ago, they were to be one of the emirate's most spectacular projects, an archipelago of resorts and luxury hou

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Bahrain survives scare; remains key banking hub

  When Ahli United Bank, Bahrain's largest lender by market value, announced this week a rise in profits for 2012, it was more than good news for the bank alone. It was a sign that the island kingdom is surviving as a regiona

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