Recent Posts

Sharjah Container Terminal registers double-digit growth

Sharjah-headquartered terminal operator Gulftainer has reported that the Sharjah Container Terminal (SCT) handled 400,000 TEUs (20-foot equivalent units) during 2014, recording double-digit growth compared to previous year’s volumes. SCT is managed and operated by Gulftainer on behalf of the Sharjah Port Authority. The terminal operator credited the arrival of new services throughout the year with boosting throughput, including UASC’s Gulf India ...

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Air Arabia to open new hub in Jordan

Sharjah-headquartered budget carrier Air Arabia (AIRARABI:DFM) has announced plans to open a new international hub at Amman Queen Alia International Airport in Jordan following its acquisition of a 49 percent stake in Petra Airlines. Air Arabia, which is the first and largest low-cost carrier (LCC) in the Middle East and North Africa, already has hubs in Alexandria (Egypt), Casablanca (Morocco), ...

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Sharjah’s GDP growth rate could reach 13%

The Emirate of Sharjah’s gross domestic product (GDP) growth could reach 13 percent in 2014, according to comments made by Hussain Mohamed Al Mahmoudi, director-general of Sharjah Chamber of Commerce and Industry to UAE newspaper Khaleej Times. Al Mahmoudi informed the paper that the Chamber expected the emirate’s GDP to reach AED 113 billion (US$30.8 b) this year compared to ...

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