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: April 2, 2014
INTERNATIONAL. The greatest threat to Qatar's enormous wealth is competition as other nations are challenging its LNG dominance; Qatar faces diminished market share and the possibility of lower prices just as the country embarks on US$200 billion of infrastructure spending.
Posted: February 19, 2014
UAE. Container traffic and RORO (roll on, roll off vehicles) seeing significant growth over the last 12 months .
Posted: February 14, 2014
UAE. "Great Place to Work" reveals UAE's top 15 companies to work for in 2014; Having ranked fifth place last year, DHL put significant effort into refining its "employee value proposition".
Posted: February 5, 2014
INTERNATIONAL. IATA released figures showing a 1.4% expansion of global freight tonne kilometers (FTKs) in 2013; Middle Eastern carriers expanded FTks by 12.8%
Posted: December 5, 2013
UAE. Speakers at 3rd TOC CSC Middle East conference in Dubai assess port investment and development in India, Pakistan and Sri Lanka.
Posted: November 29, 2013
OMAN. Sultanate's economic growth seen at 3.5% for 2014; The government has earmarked tourism as one of the key sectors to drive its economic diversification strategy; Oil & gas revenues have peaked.
Posted: November 27, 2013
IRAN. The vessels were fishing illegally in Iranian waters under Saudi flags. The nine sailors of various nationalities on board were arrested, a local coast guard official said.
Posted: November 25, 2013
INTERNATIONAL. The deal struck yesterday in Geneva will relax restrictions on cars, petrochemicals, aviation parts, gold, and insurance for oil cargoes. In addition, it will let Iran continue exporting oil at current levels instead of forcing further reductions.
Posted: November 1, 2013
UAE. Passenger and cargo flights to the Libyan capital temporarily suspended following safety and operational challenges which the airline has observed in recent months at Tripoli airport.
Posted: October 31, 2013
UAE. Award recognizes contribution made by the APICORP Petroleum Shipping Fund to the shipping industry; Fund "makes a signal contribution to Middle Eastern shipping, and to the global advance of the industry," says Lloyd's List.
Posted: October 28, 2013
UAE. Revenues increased to AED 827 million vs Q3 2012; Net profits increased 13% to AED 59.9 million vs Q3 2012.
Posted: October 25, 2013
OMAN. MEED Oman Projects Forum 2013 opens at the Grand Hyatt Muscat on 28 October;A total of 50 speakers will address the event which will be attended by 200 delegates.
Posted: September 30, 2013
UAE. The new partnership gives Shop and Ship members access to exclusive discounted deals on Groupon Goods deals.
Posted: September 26, 2013
UAE. African frontier markets in focus at Middle East Work Boats & Offshore Marine 2013 as US$132 trillion of untapped reserves presents risk/reward for Gulf investors.
Posted: September 19, 2013
UAE. Jebel Ali's interest rate on the loan raised last year will fall to 3% above the Emirates interbank offered rate starting this month from 4.25%.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 17, 2014
KUWAIT. According to a newly released report by Kuwait Finance House Research, the global sukuk market saw a modest volume of US$31.14 billion in new sukuk issuances in 1Q2014. This volume represents a drop of 9.82% compared to US$34.53 billion worth of issuances in 1Q13.
date:Posted: April 16, 2014
INTERNATIONAL. The WGC pointed out that the Chinese bank savings amount to US$7.5 trillion but only about US$300 billionn is allocated to gold, signifying the potential for gold demand to grow as Chinese wealth climbs.
date:Posted: April 16, 2014
UAE. "A similar drop to 2013 is unlikely. Those who wanted to get out of gold did, and the rest of 2014 will probably be a year of sideways trading."
SAUDI ARABIA. The GCC said in a statement that foreign ministers of the six-member body had met in Riyadh for a comprehensive review of measures used to implement foreign and security policies.
INTERNATIONAL. It's now up to the new government to get real shale development in motion, and for Turkey to face up to its own strategic realities and join forces with Ukraine to harness LNG potential.
dhgate