Bahri subsidiary signs $120 million contract with South Korean
(Arab News - 28/08/2017)
The National Shipping Company of Saudi Arabia (Bahri) on Sunday said ts subsidiary Bahri Dry Bulk Company has signed a $120 million contract (SR450 million) to buy four bulk carriers from South Korean ship builder Hyundai Heavy Industries. Bahri Dry Bulk
Bahri winds up registration of ASLAF under Saudi flag
(Saudi Gazette - 21/08/2017)
BAHRI, a global leader in transportation and logistics, announced that the Ministry of Transport under the supervision of the Public Transport Authority (PTA) has completed the registration of ASLAF, a Very Large Crude Carrier (VLCC) owned and operated
Air Arabia may consider Boeing, Airbus or Embraer aircraft as it looks
(The National - 14/08/2017)
Air Arabia, the largest low-cost carrier in the Middle East and North Africa, may order new aircraft for its fleet in the near future as newer, more fuel-efficient plane models are introduced by manufacturers, the airline's chief executive said. "When we
Gulfnav back on even keel as CEO promises to quadruple profits
(Arab News - 14/08/2017)
The CEO of Gulf Navigation (GulfNav) has pledged to quadruple profits over the next four years as the shipping company flagged more improvements. GulfNav on Sunday reported a 20 percent increase in net profit to 10 million dirhams ($2.7 million) in the
Dubai's Aramex harnesses power of artificial intelligence
(The National - 08/08/2017)
Aramex, the Dubai-based international logistics and transportation company, on Monday launched its new artificial intelligence-enabled chatbot on Facebook Messenger. Named "Aramex Bot", the service enables personalised, scalable conversations with
Air Arabia net profit up 21%
(Saudi Gazette - 08/08/2017)
Budget carrier Air Arabia, the United Arab Emirates' only publicly-listed airline, reported a 21 percent rise in second-quarter net profit on Monday. The Sharjah-based airline made a net profit of 158 million dirhams ($43.02 million) in the three months
Aramex profit falls on Egypt wobble and currency moves
(Arab News - 01/08/2017)
Aramex, the Dubai-listed courier company, said second-quarter profit fell 23 percent to 97 million dirhams ($26.4 million) as it was hit by currency fluctuations and a one-off impairment in Egypt. The company which is seen as a bellwether of regional
Please wait...
