Khorfakkan Container Terminal (KCT) has welcomed the ship CSCL Mercury, the first vessel on the new China Shipping Container Lines / United Arab Shipping enhanced AEX7 joint service, which links leading ports across Asia and Northern Europe via Sharjah’s Khorfakkan Port. China Shipping Container Lines Co. Ltd (CSCL) is China’s second largest container shipping liner and the seventh largest global ...

Air Arabia (AIRARABI:DFM), the largest low-cost carrier operator in the Middle East and North Africa, has announced record AED 173 million (US$ 47m) net profit for the second quarter of 2014, an increase of 128 percent on last year’s second quarter net profit of AED 76 million (US$21m). Air Arabia’s second quarter turnover reached AED 915 million (US$ 249m), an increase ...

Sharjah Cement and Industrial Development Co. (SCIDC:ADX) has announced a 18.7% increase in sales revenue from AED 322.7 million (US$ 88m) in H1 2013 to AED 383.1 million (US$ 104m) in H1 2014 with a 135% increase on net profit for the first half of 2014, compared with the same period last year. The company attributed the rise in turnover ...