Gulf Navigation Holding sees lower profits in Q1-22

The net profits attributable to the owners of Gulf Navigation Holding (GNH) plunged to AED 1.65 million in the first quarter (Q1) of 2022 from AED 80.13 million in the corresponding period in 2021, according to the company’s unaudited consolidated financials. The company’s operating revenues rose by 13% year-on-year (YoY) to AED 35.06 million in […]

Etihad Rail to outline roadmap for region’s transport logistics sectors

Etihad Rail, the developer and operator of the UAE national railway network, is set to host the 16th edition of Middle East Rail to outline the roadmap for transforming the transportation & logistics industries in the region. To be held from May 17 to 18 at the Abu Dhabi National Exhibition Centre, the event will […]

Abu Dhabi’s AD Ports plans expansion into Red Sea in 2022

Abu Dhabi port operator AD Ports Group will continue to make investments and leverage its new partnerships to grow its business and enter new markets this year. This year’s targets include increasing the logistics cluster’s multi-cargo handling capabilities and expanding into the Red Sea, the company said in its annual report. “In 2022, AD Ports […]