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: 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%.
Posted: September 8, 2013
UAE. Contract awarded by Abu Dhabi Ports Company (ADPC) to manage the development of Delma Port, located about 40 km off the coast of the Western Region of Abu Dhabi.
Posted: September 1, 2013
EGYPT. A "terrorist" staged an unsuccessful attack on a container ship passing through the Suez Canal on Saturday, in an attempt to disrupt the flow of ships through the waterway.
Posted: August 21, 2013
UAE. Organised in cooperation with the National Transport Authority, meeting sheds light on the new act effective 1st September.
Posted: August 20, 2013
UAE. The biggest threat currently seen in commodity markets is the risk of a disruption of the safe passage of crude oil and products through the Suez canal and the Suez - Mediterranean pipeline.
date:Posted: December 12, 2013
UAE. With several high value mergers and acquisitions (M&A) expected to take place in the MENA region over the coming months, the question of whether now is the time to consider an M&A growth strategy is becoming more evident.
date:Posted: December 11, 2013
UAE. The vast aircraft orders placed by airlines at November's Dubai Airshow highlight the rapid growth of the Gulf region's air carriers and represent a bold statement of intent regarding their future expansion plans.
date:Posted: December 11, 2013
INTERNATIONAL. Although the U.S. stock market continues to hit new nominal highs on a nearly daily basis, the U.S. economy bumps along at a lackluster pace. This disconnect has been achieved by a massive Fed experiment in monetary stimulation.