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 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.
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.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: September 18, 2014
INTERNATIONAL. We have entered a new chapter in the history of central banking. This paradigm shift changes the policy tools that have traditionally defined the sphere of macroeconomic decision-making; We have built an economy that is now so leveraged that it needs zero percent interest rates just to tread water.
date:Posted: September 18, 2014
INTERNATIONAL. World Bank report spells out the repercussions of the political uncertainty and restrictions on movement and access and recommends remedial actions by all parties.
date:Posted: September 18, 2014
EGYPT. Qalaa Holdings' Hisham El-Khazindar discusses Egypt's economic prospects at Euromoney Conference.
SAUDI ARABIA. Saudi Arabia will need to keep cutting oil output to sustain prices above US$100 a barrel, according to BNP Paribas and Societe Generale; "We are swimming in crude, and they know that better than anyone because they are the biggest exporter."
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.
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