King Abdullah Economic City (KAEC), the largest privately funded new city development in the world, has signed a contract with Alshaya International Trading Company, a leading international retail franchise business, to lease 91,000 sq m area located in the third phase of the Industrial Valley.

UAE-based Mai Dubai, a bottled drinking water company, has awarded a $21 million contract to Swisslog for automation of its storage and distribution logistics at its logistics unit in Dubai. Swisslog is a leading Switzerland-based automation expert in robot-based and data-driven intralogistic solutions.

Middle Eastern carriers saw air freight demand increase by 9.2 per cent in October year-on-year, marking an improvement over the last few months’ performance, said to a report released by the International Air Transport Association (Iata).

DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, and Abu Dhabi-based Mubadala Development Company, an investment and development company, have formed a strategic partnership for the next five years.

Dubai-based global marine operator DP World has opened the first smart logistics centre in Lurin, Peru connected through optical fibres to its terminal at Callao Port, near the capital Lima.

Gulf Warehousing Company (GWC), a leading logistics provider in Qatar, recently won an award for innovation at the Enterprise Agility Awards, organised by BNC publishing. The event was held in Doha, Qatar.