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Ports & Shipping

FEATURED REPORT...
Posted: 01-04-2008
UAE. A total of 38 corporate senior managers from Dubai World business units returned from a six-day Global Learning Journey to Singapore, Hong Kong and China under the Dubai Leaders’ Programme, a high-end leadership development initiative launched by the Dubai-based holding company in cooperation with the Wharton School of the University of Pennsylvania. The group spent three days in Singapore and three days in Hong Kong and China, during which they visited major corporate houses and ports in the region and interacted with senior business leaders and technical experts.  As part o
Posted: November 17, 2009
KUWAIT. Shares in Kuwaiti logistics firm Agility tumbled on Tuesday after a US grand jury indictment, dragging Kuwait's bourse to its largest one-day drop for 19 weeks as transparency concerns spurred selling.
Posted: November 14, 2009
UAE. The Port of Fujairah, the biggest refueling center for ships in the Middle East, will ban single-hull oil tankers from next year, potentially spurring demolition of the vessels and limiting supply.
Posted: November 12, 2009
INTERNATIONAL. This is the second year in a row that Agility has won the prestigious award in this highly competitive category.
Posted: November 12, 2009
INTERNATIONAL. The Middle East Falcon fleet has continued to grow significantly in 2009 in a year in which the company achieved the milestone of delivering its 2,000th business jet to Koç Holding based in Istanbul.
Posted: November 9, 2009
UAE. GE Aviation has delivered its 1000th GE90 engine to Boeing for a 777-300ER aircraft for Emirates Airline.
Posted: November 9, 2009
INTERNATIONAL. Agility has announce that it will be handling the logistics for the Australia, New Zealand, Pacific countries, and Finland Pavilions, amongst others, and work is already underway on transporting the supplies and equipment .
Posted: November 8, 2009
UAE. Etihad Crystal Cargo's new A330-200 freighter has made its maiden flight over Toulouse in France, where the aircraft manufacturer Airbus is based.
Posted: November 8, 2009
UAE. Chile has announced its intention to open new fronts for increased engagement with the Gulf region, following the success of the first 'Chilean Week', which concluded in Dubai recently.
Posted: November 5, 2009
INTERNATIONAL. A trade mission seeking to build trade ties between Wales and companies in Saudi Arabia and Qatar, has met with great success after it was reported that over US$2.5million worth of potential deals had been indentified.
Posted: November 4, 2009
UAE. The ratings outlook for DP World, Dewa, DIFCI and Jafz is negative, reflecting ongoing economic pressures. The ratings of both DHCOG and Emaar have been maintained on review for downgrade.
Posted: November 4, 2009
UAE. Transport and logistics companies at the business and Investments Forum at Dubai SITL which began at the Dubai International Convention and Exhibition Centre.
Posted: November 4, 2009
UAE. The consensus on the floor of SITL Dubai is that the Middle East remains a bright spot in a gloomy global logistics market.
Posted: November 3, 2009
JORDAN. GAC Jordan has issued an internal report revealing a 55% increase in RoRo cargo arriving in Aqaba during the first half of 2009 in comparison to last year.
Posted: November 2, 2009
UAE. The post office offers all basic postal and non-postal services, and also has 450 Post Office Boxes, which can be rented by Dubai International Financial Centre companies.
Posted: November 1, 2009
SAUDI ARABIA. Aramex today announced that it has become the sole global distributor of SPL 2009-2010 merchandise.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: November 19, 2009
INTERNATIONAL. A majority of investors expects the US Federal Reserve to hold off from raising interest rates until the second half of 2010, according to the BofA Merrill Lynch Survey of Fund Managers for November.
date:Posted: November 19, 2009
INTERNATIONAL. Faber said, considering the size of the stimulus packages and the monetary printing, the US economy hasn't responded well. What have responded well are asset markets but unemployment is horrrible and the typical household is suffering.
date:Posted: November 18, 2009
INTERNATIONAL. The global health industry is worth around US$4.2 trillion. As GCC countries continue to develop world class healthcare systems, they must avoid pitfalls of the developed markets, according to AT Kearney.
UAE. Dubai ruler Sheikh Mohammed Bin Rashid Al-Maktoum tightened the control of the emirate's largest holding company, the Investment Corporation of Dubai.
INTERNATIONAL. This situation gives rise to increasingly positive prospects for gold and other commodities that may ultimately stand in as the world's reserve currency. And there are some pretty hot speculative prospects - Louis' 'best of the best' - waiting in the wings for the market's next big leg down.