The Middle East Transport

Displaying 67 - 72 of 235

 

In recent years there has been a strong push among Gulf nations to improve regional connectivity, with the proposed Gulf Railway – which will ultimately link Kuwait City with Muscat via Saudi Arabia, Bahrain and the UAE – perhaps the most ambitious of the projects under development. However, it is by no means alone, with substantial investment...

 

Substantial investment in the road network is under way in Bahrain. The standout project is the upcoming King Hamad Causeway, which will provide an additional link to Saudi Arabia, and is set to be built on a public-private partnership (PPP) basis.

 

Targeting improvements in domestic infrastructure as well as expanding the links between the kingdom, the rest of the Gulf region and further afield, Bahrain is investing heavily in its transport networks. Among the major ongoing developments is the Airport Modernisation Programme, launched in 2016 to cater for rising air traffic and with the...

 

A major holding company formed to manage state assets in transport and logistics has seen a raft of new activity in the period running up to 2018, as it moves to integrate operations among its subsidiaries and speed Oman towards becoming a top-10 logistics hub by 2040. Overseeing operations from shipping and ports to the postal service and...

 

Expanding its seaports is a core part of Oman’s plans for diversification and economic growth. Strategically located on global trade routes between the vast markets of Europe and Asia – and positioned just outside the Strait of Hormuz, a bottleneck for shipping traffic headed into the oil-rich GCC – the country has a strong commercial case to...

 

Bolstered by steady investments from a government cognisant of its potential, Oman’s transport and logistics sector has continued to expand even as the impact of lower oil prices continues to be felt. The sector’s real growth rate registered at 1.1% in 2015 after rising 9.4% in 2014, giving it a value of OR1.7bn ($4.4bn), according to the...

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