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Real Estate News Alert is a roundup of the most recent news that gets updated daily to keep you always up to date on the world's most attractive projects in the real estate market from the UAE (Dubai, Abu Dhabi, Umm Al-Quwain, Ajman, Ras Al-Khaimah, Sharjah and Fujairah) and sometimes from the GCC or other countries and from various news sources.


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Saturday, August 9, 2008

Almajdouie Sinotrans Middle East

Almajdouie and Sinotrans sign deal to start logistics firm
JEDDAH - Almajdouie Group of Saudi Arabia, and Sinotrans Limited of China have signed an agreement to operate a joint venture logistics company in the Kingdom. Named as Almajdouie Sinotrans Middle East, it will operate in the areas of customs clearance, heavy oversized cargo handling and inland transportation services. ... This JV will be the leader in logistics industry with a goal to have strong presence in Middle East and North Africa (MENA) region, bringing the best quality services to its customers," Al Majdouie said.

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