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
INTERNATIONAL. Because supply far exceeds demand, shipping rates have plummeted, as have the prices of ships. Continued poor performance and a sluggish global economy could eventually force the shipping industry to restructure.
UAE. Gulftainer now manages the Northern Container Terminal in the Port of Jeddah and the Jubail Industrial and Jubail Commercial Ports, handling more than one-third of all container traffic in the Kingdom.
SAUDI ARABIA. Foreign investors may apply for such license in accordance with the Shipping Regulations provided that they comply with any other relevant law or bilateral, regional or international treaty to which the Kingdom is a party.
UAE. A collaboration between Crescent Enterprises and Cambridge Judge Business School, University of Cambridge; The initiative is a component part of Crescent Enterprises' on-going commitment to education.
UAE. The passage of the draft Law through the FNC (which is an elected form of Parliamentary advisory body) is a key stage in the legislative process and it brings the draft Law one step closer to being enacted.
INTERNATIONAL. New Atlantic Council issue brief contends that the US has repeatedly failed to realize its goal of a political transition in Syria because of its narrow focus on summits and high-level diplomacy as the sole means of ending the conflict.
INTERNATIONAL. Syria will miss a major deadline next week in the program to destroy its chemical weapons production facilities, sources at the Organisation for the Prohibition of Chemical Weapons said.
INTERNATIONAL. A catastrophic disaster can - and will - happen again if the lessons of Macondo and other similar incidents are not learned and shared routinely; Change required to prevent future disasters, industry warned.
INTERNATIONAL. The Energy Information Agency has predicted that natural gas production in the US will continue to grow at an impressive pace. Right now output is close to 70 billion cubic feet a day and is expected to reach over 100 billion cubic feet per day by 2040.