Transportation
Infrastructure
MADRID/ ATHENS, April 20- European Union and Italian authorities are investigating suspected wide-scale tax fraud by Chinese criminal gangs importing goods via Greece's largest port of Piraeus, a trade gateway between China and Europe, officials said. He said the suspected scam at Piraeus, part of China's vast Belt and Road infrastructure project, had cost...
MADRID/ ATHENS, April 20- European Union and Italian authorities are investigating suspected wide-scale tax fraud by Chinese criminal gangs importing goods via Greece's largest port of Piraeus, a trade gateway between China and Europe, officials said. He said the suspected scam at Piraeus, part of China's vast Belt and Road infrastructure project, had cost...
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*Diplomatic dispute between Somalia and UAE linked to Gulf crisis. *UAE ended military training in Somalia over row. Last week, the UAE ended a military training programme in Somalia in response to the seizure of millions of dollars from a UAE plane at Mogadishu airport.
The Middle East has been forward-looking when it comes to unusual property developments, Wong Heang Fine told CNBC's "Capital Connection."
- Hyperloop wants to bring its futuristic people-mover to the Middle East — and it wants to do it soon
Hyperloop Transportation Technologies Chairman Bibop Gresta said the company will build an initial 10-kilometer track in Abu Dhabi.
Many of the countries included in China's Belt and Road initiative are in infrastructure deficit and require big project development efforts, says Sonal Varma of Nomura.
MEXICO CITY, April 16- Mexican billionaire Carlos Slim sparred on Monday with the country's presidential front-runner over the Mexico City airport his companies are helping build, saying the leftist's threats to halt the $13 billion project would be a setback for the economy. Andres Manuel Lopez Obrador, who leads opinion polls ahead of the July 1 election, has...
MEXICO CITY— Mexican billionaire Carlos Slim said Monday that he would be "concerned and afraid" if leftist presidential candidate Andres Manuel Lopez Obrador wins and cancels the new Mexico City airport project. Lopez Obrador, who is the front-runner in preference polls, has called the project too costly and is pledging to cancel it if he wins the July 1...
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MEXICO CITY, April 16- Mexican billionaire Carlos Slim said on Monday that he will not attempt to convince the leftist presidential election front-runner to proceed with the new Mexico City airport during the campaign. Andres Manuel Lopez Obrador, who leads major polls ahead of the July 1 vote, has threatened to abandon the $13 billion project, which is already...
"Anything that's going to help fill those gaps is welcome," says Stephen Groff of the Asian Development Bank.
Investors should position their portfolios for a big infrastructure bill in the coming years, according to Morgan Stanley.
Peter Beattie, chair of the Commonwealth Games 2018, also discusses how the infrastructure that was built for the games will live on as a legacy for the Gold Coast.
SINGAPORE, April 5- Four marine refueling barges owned and operated by Vermont UM Shipping Pte Ltd were seized in Singapore on Monday night, according to the website of Singapore's Supreme Court. The vessels are qualified to deliver marine fuel oil and are equipped with mass flow meters, according to the Maritime and Port Authority of Singapore.
SINGAPORE, April 5- Four marine refuelling barges owned and operated by Vermont UM Shipping Pte Ltd were seized in Singapore on Monday night, according to the website of Singapore's Supreme Court. The vessels are qualified to deliver marine fuel oil and are equipped with mass flow meters, according to the Maritime and Port Authority of Singapore.
Wong Heang Fine of Surbana Jurong discusses how the development of the city will be "a showcase" for the Philippines.
The development of the Greater Bay Area could alleviate the problem of overcrowding in Hong Kong, says John Siu of Cushman & Wakefield.
The omnibus spending bill signed in March may be the last "major" policy enacted this year, experts said.
Japanese companies see an opening in an important energy industry: liquefied natural gas.
President Trump said moving to the "nuclear option" is the only way to muscle border protections through Congress.
CNBC's Kayla Tausche reports on comments from President Trump on his infrastructure plans.
