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: September 29, 2014
UAE. Booming GCC logistics sector continues to pile pressure on region's ports as trade demand outpaces infrastructure development; multi-billion dollar port expansion programmes and new GCC rail network to transform maritime landscape.
Posted: September 5, 2014
UAE. Jafza's trade with China stands at around US$12.5 billion. Close to 60% of China's total trade passes through the UAE for re-export.
Posted: August 30, 2014
OMAN. End of August 2014 deadline to move majority of commercial activities will result in win-win situation for Muscat and Sohar.
Posted: August 27, 2014
SAUDI ARABIA. Strong demand fundamentals combined with increased public and private sector spending pushed up the average sales price; Momentum expected to continue as Riyadh attracts and promotes investment in industrial and supporting logistics facilities.
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.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: September 30, 2014
IRAQ. The UN estimates land under IS control accounts for as much as 40% of Iraq's annual production of wheat, one of the country's most important food staples alongside barley and rice.
date:Posted: September 30, 2014
UAE. Bayt.com survey reveals that 78% consider meetings to be great for decision-making; Meetings in MENA workplaces often have agendas distributed in advance, according to 80% of respondents, and tend to start on scheduled time (according to 88%).
date:Posted: September 29, 2014
UAE. Country assessment ranked at A3 by Coface; 5% growth projected for 2014; Business climate favourable with the new companies' law improving transparency; Debt profile improves, financing needs of GREs continue.
UAE. Bayt.com survey reveals that 78% consider meetings to be great for decision-making; Meetings in MENA workplaces often have agendas distributed in advance, according to 80% of respondents, and tend to start on scheduled time (according to 88%).
INTERNATIONAL. Bitcoin has followed a volatile path to growing acceptance since its creation in 2009; In this interview finance expert Arturo Bris analyses the risks associated with bitcoin.
dhgate