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Prime Vancouver land sold to aboriginal groups for $369.7 mn

VANCOUVER / Reuters British Columbia said it had reached a C$480 million ($369.7 million) deal to sell a large swath of land on Vancouver’s exclusive west side to three local aboriginal groups, opening up the property for potential redevelopment. The deal, which includes two parcels totaling a combined 38.8 acres (15.7 hectares), will give the Musqueam, Squamish and Tsleil-Waututh Nations ...

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Jafza sees 8% growth in firms

Dubai /EMIRATES BUSINESS Jebel Ali Free Zone (Jafza), the flagship freezone entity of Dubai and the trade and logistics hub for the wider Middle East region, has achieved strong performance in terms of the quality of investments and the number of new companies registered in 2015. HE Sultan Ahmed bin Sulayem, Chairman and CEO of DP World and Chairman of ...

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Etihad Rail transports over 5mn tonnes of granulated sulphur in 18 months

WAM Etihad Rail, the developer and operator of the UAE’s US$11 billion national railway network, has announced that it has transported more than 5.24 million tonnes of granulated sulphur in the first 18 months of Stage One operations for Abu Dhabi National Oil Company (ADNOC), from sources at Shah and Habshan to its point of export at Ruwais. Equivalent to ...

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