Ports & Shipping

FEATURED REPORT...
Posted: 14-06-2011
UAE. Investors looking for the greatest return on the funds they invest in port infrastructure should look no further than the GCC region, according to research by International Built Asset Consultancy, EC Harris. However, in the other transport sectors the lack of cross-border agreements between each member state could see investors focus their attention elsewhere. The ‘Investment in Transport Infrastructure’ study ranked 17 locations across the globe on the relative attractiveness of their transport sector to potential investors. The criteria used to judge each country covered a br
Posted: August 21, 2014
EGYPT. The Suez Canal is the fastest shipping route between Europe and Asia and brings in around US$5 billion in revenues per year; Bahrain-registered engineering firm Dar al-Handasah Shair and Partners, is part of the consortium.
Posted: August 20, 2014
UAE. "Bringing in institutional funds is a key part of the board's strategic capital markets plan," Samir Fancy, Topaz's chairman, said in a statement.
Posted: August 5, 2014
EGYPT. Egypt plans to dig a new channel parallel to the Suez Canal in an US$8.4 billion venture to boost capacity at the vital global waterway, marking a new era of regeneration after the 2011 revolution.
Posted: August 5, 2014
UAE. Food Logistics Middle East, a specialised show within Gulfood Manufacturing, to highlight current trends and solutions for effective implementation in the Sector.
Posted: July 25, 2014
UAE. Strong revenue growth recorded across Aramex's geographies; E-commerce remains significant driver of growth; Momentum strong through Q2 as economic conditions improve.
Posted: July 24, 2014
UAE. First-half throughput grew 9.3 percent on a like-for-like basis to 29.4 million twenty-foot equivalent units across its group of container terminals.
Posted: June 23, 2014
UAE. Company eaffirms commitment to Egypt and directs more investments into market; Aramex invested EGP183 million during the past two years.
Posted: June 19, 2014
UAE. Combined revenues for the top 500 stand at US$383.67 billion, while net profits reach US$71.68 billion; Industrials sector records the highest volume of companies with 107 entries.
Posted: June 16, 2014
UAE. Strengthens Aramex's Asia-Pacific presence; Acquisition will connect Australian e-commerce consumers to global retailers.
Posted: June 16, 2014
UAE. Biennial Seatrade Middle East Maritime conference returns to Dubai to highlight capacity and diverse range of refit, repair and refurbishment that Gulf dry dock operations now offer.
Posted: June 13, 2014
UAE. More than 10 million manhours worked (over 250 days) with zero lost-time injuries; Parsons-AECOM joint venture manages project.
Posted: June 12, 2014
UAE. The securities, due 2024, will pay annual interest of 1.75% and be converted at a price of US$27.1396 a share, a 37.5% premium to its average share price today.
Posted: June 3, 2014
INTERNATIONAL. A fund focused on the six GCC countries will target sale-and-leaseback deals for shopping centers, warehouses and infrastructure such as schools and hospitals.
Posted: May 20, 2014
UAE. The port operator whose container business jumped 12% in the first quarter, is riding a resurgence of bullish sentiment in the GCC.
Posted: May 12, 2014
UAE. The new solutions greatly reduce the manual efforts associated with baggage and cargo handling.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: August 21, 2014
INTERNATIONAL. The report found there are 15 million middle-class households in 11 of sub-Saharan Africa's top economies this year, up from 4.6 million in 2000 and 2.4 million in 1990, an increase of 230% over 14 years.
date:Posted: August 21, 2014
UAE. "The establishment of QIFs aimed at sophisticated, high-net worth investors is a welcome development which reflects the fact that a one size fits all approach to regulation is not appropriate."
date:Posted: August 20, 2014
UAE. Rising geopolitical tensions and slowing global growth; GCC markets remain steady in spite of increased global volatility; Commodity prices soft on China bank data.
INTERNATIONAL. U.S. special operations forces made a failed attempt to rescue journalist James Foley and other Americans held hostage by Islamic extremists in Syria earlier this summer, the White House said in a statement.
INTERNATIONAL. I think one of the big fallacies in people's thinking about the Iraqi oil sector has been the focus on who's making money producing the oil. The bigger impact is on consumers.
dhgate