WAM SAUDI

Asia Pacific

      Carnival to expand China fleet to six cruise ships in 2016

      Global travel and leisure company Carnival Corporation has revealed its plans to add two ships to its China fleet in 2016, bringing the total...

      Hollysys secures Chinese high-speed rail signalling contract

      Hollysys Automation Technologies has received a CNY118.7m ($19.4m) contract from China Railway Corporation to supply onboard and lineside high-speed signalling equipment. Under the deal,...

      Qatar Airways dismisses SpiceJet stake speculation as an attempt to increase share value

      Qatar Airways has dismissed speculation that it is in negotiations to buy a stake in Indian low-cost airline SpiceJet, suggesting the rumours are designed...

      Asian airlines see cargo volumes decline for the first time this year

      Asian airlines saw air cargo volumes decline for the first time this year as weakening demand took its toll on performance.   The latest...

      Delta takes 3.5% stake in China Eastern

      US passenger carrier Delta Airlines is taking a 3.5% stake worth $450m in China Eastern Airlines to “solidify” their strategic partnership.   News of...

      Alstom JV wins $233m Eastern DFC systems contract

      Dedicated Freight Corridor Corporation of India (DCCIL) has awarded the AIL-ATSA joint venture (JV) an Rs15bn ($233m) systems contract for the 343km section of...

      Hong Kong MTR orders 93 eight-car trains at CSR Qingdao Sifang

      Hong Kong's metro operator MTR has awarded a HK$6bn ($77m) contract to CSR Qingdao Sifang for the delivery of 93 new eight-car metro trainsets....

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