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Aramex is chairing the alliance which uses a shipment management system developed by the company. [10] [11] [12] Aramex went public on the Dubai Financial Market in February 2005. [2] [6] [7] The IPO raised US$270 million. [2] The company's revenue increased 23% over 2004 and net income increased 56% that year. [2]
Transworld Group of Companies was established in 1977 by R. Sivaswamy as a shipping company in Mumbai.In 1989, the company came under the leadership of chairman Ramesh Ramakrishnan and later expanded its operations into shipping, marine and logistics in the Indian subcontinent and the Gulf region.
Etihad Rail (Arabic: الاتحاد للقطارات) is the developer and operator of the United Arab Emirates's national railway network. It was established in June 2009 under Federal Law No. 2 to manage the development, construction and operation of the United Arab Emirates' national freight and passenger railway network. [1]
The first phase of the system is complete and freight service has begun. The second phase will connect the railway to Mussafah, Khalifa and Jebel Ali ports in Dubai, and is planned to connect to the Saudi and Omani borders. In January 2016, construction of phase two was suspended for re-evaluation, while service on phase one continued.
Emirates SkyCargo (Arabic: الإمارات للشحن الجوي) is a cargo airline based in Dubai, United Arab Emirates. [1] As of 2020, it is the fourth largest cargo airline worldwide in terms of the total freight tonne-kilometres flown and international freight tonne-kilometres flown.
Dubai Ports International (DPI) was founded in 1999. [4] Its first project was at Jeddah , Saudi Arabia , collaborating with a local partner on the South Container Terminal (SCT). DPI then began operations at the ports of Djibouti in 2000, Vizag , India in 2002 and Constanța , Romania in 2003. [ 4 ]
When Dubai Cargo gateway was built in 1991, it was designed to handle 150,000 tonnes of cargo per year. The 300,000-square-metre complex was built at a cost of $75 million (about Dh 275.5 million) to accommodate air and sea freight growth and facilitate transshipment operations between the Indian sub-continent, South East Asia, the Far East and Europe.
The Dubai Multi Commodities Centre (DMCC) is a commodities exchange and free-trade zone in the United Arab Emirates. It is located in the Jumeirah Lake Towers district of Dubai . The DMCC was created in 2002 and deals in four main sectors: precious commodities (e.g., gold, diamonds); energy; steel and metals and agricultural commodities (e.g ...