Transportation - News
Qatar GWC's 2016 net profit surges 11pc
(Trade Arabia - 08/01/2017)
Qatar’s leading logistics provider GWC has concluded 2016 with one of the healthiest growth rates in the country, achieving a 11 per cent jump in its net profit which soared to QR206 million ($57 million) from QR185.2 million ($51 million) the year ...
Gulf Navigation plans expansion after completing Turkish maritime deal
(The National - 08/01/2017)
The shipping company Gulf Navigation Holding has signed up with a Turkish maritime firm to expand its services. The Dubai-listed company entered into a global deal with Polimar Turkish to provide services related to the oil and gas sector, offshore ...
Gulf Navigation to expand its operations to settle debt
(The National - 28/12/2016)
Gulf Navigation plans to invest at least US$950 million by 2020 to double its petrochemical fleet and expand operations in the Northern Emirates as the company expects to settle its legacy debts by next year, the chief executive said on Tuesday. The ...
Gulf Navigation reaches deal to charter out new fleet of tankers
(The National - 18/12/2016)
Gulf Navigation has struck a deal to charter out a new fleet of tankers, as it strives to conquer its debts by the end of the year. In a statement to investors on Saturday, the Dubai-listed company said that under the terms of the deal it would acquire ...
Aramex board member resigns
(Gulfnews - 05/12/2016)
Aramex, the Dubai-listed logistics company, announced on Sunday that one of its board members, Charles Al Hage, has resigned from his position effective November 30, 2016. In a statement posted to the Dubai Financial Market (DFM) website, Aramex said Al ...
Gulf Navigation eyes expansion in Northern Emirates with Chinese partn
(The National - 04/12/2016)
Gulf Navigation is considering a significant overhaul in conjunction with two major Chinese shipping firms that will involve expansion into new operating lines, including shipbuilding, and ship repair through new facilities in the Northern Emirates. The ...
Air Arabia confirms options for five Airbus A320s
(Gulfnews - 24/11/2016)
Budget carrier Air Arabia, the UAE’s only publicly-listed airline, said on Wednesday it has confirmed options for five Airbus A320 jets. The additional aircraft, valued at $485 million (Dh1.78 billion) at list prices, will enter into service from the ...
GWC wins logistics innovation award
(The Peninsula - 21/11/2016)
GWC , the leading logistics provider in Qatar, was presented the Enterprise Agility Award 2016 for Logistics Innovation at a ceremony organized by BNC publishing and held at The Grand Hyatt in Doha. “We are delighted for the recognition that GWC received ...
GWC wins ‘Logistics Innovation’ award at Enterprise Agility 2016
(Gulf Times - 20/11/2016)
GWC has received the Enterprise Agility Award 2016 for ‘Logistics Innovation’ at a ceremony organised recently by BNC publishing at The Grand Hyatt in Doha. “We are delighted that GWC was recognised for its efforts towards developing innovative solutions ...
Air Arabia third quarter net profit rises 26%
(Gulfnews - 14/11/2016)
Air Arabia, the UAE’s only publicly-listed airline, reported a 26 per cent rise in third-quarter net profit on Sunday. The Sharjah-based firm made a net profit of Dh297 million ($80.9 million) in the three months to September 30, the company said in a ...
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