SMARTWORLD, a leading master systems integrator and next-generation ICT service provider in the Middle East, has expressed confidence in leveraging its Special Airport Systems (SAS) offerings across the Middle East region’s rapidly growing aviation segment.

Global information systems specialists, Collabro has said it has clinched its first major regional contract worth £460,000 ($755,918) from Maersk Oil in Qatar. UK-based Collabro is a part of a group of companies with operations in Aberdeen, Kuala Lumpur and Perth, Australia.

Qtar Gas Transport Co (Nakilat), one of the world’s largest shippers of liquefied natural gas, posted a 13 per cent drop in fourth-quarter net profit. The company made a fourth-quarter profit of QR176.5 million ($48.5 million), down from QR203.3 million a year earlier, according to Reuters calculations based on its financial statements.

Kuwait boosts GES revenues GLOBE Express Services (GES) has reported a revenue increase of 38 per cent in 2013 which it attributed to growth in Kuwait’s logistics sector. The firm also has further plans to solidify its presence in the country by launching several new services to address emerging demand in the market.