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: 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.
Posted: June 3, 2014
INTERNATIONAL. A fund focused on the six GCC countries will target sale-and-leaseback deals for shopping centers, warehouses and infrastructure such as schools and hospitals.
Posted: May 20, 2014
UAE. The port operator whose container business jumped 12% in the first quarter, is riding a resurgence of bullish sentiment in the GCC.
Posted: May 12, 2014
UAE. The new solutions greatly reduce the manual efforts associated with baggage and cargo handling.
Posted: May 7, 2014
UAE. Agreement will provide new, innovative solution for e-businesses and consumers; Network of private automated Parcel Lockers will be the first in the Middle East and Africa.
Posted: May 7, 2014
INTERNATIONAL. Significant demand will be driven by the oil and gas industry in the Middle East as national oil companies in these countries expand.
Posted: April 29, 2014
UAE. Global economic rebound boosting Middle East growth prospects, according to new analysis from IHS.
Posted: April 29, 2014
UAE. Several companies in Dubai, which was on the the brink of default in 2009, are taking advantage of the emirate's improving credit profile to drive down loan costs.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: October 29, 2014
UAE. Total wealth in the GCC stood at US$ 1.7 tillion in 2014, up 4.75% from 2013; Total wealth in Saudi Arabia and UAE grew by 5%; Global household wealth up 8.3% to US$263 trillion, driven by the US and Europe, according to Credit Suisse Research Institute.
date:Posted: October 29, 2014
UAE. Significant increase in inflows of private capital into UAE in 2014; UAE seen as hub between Africa and Asia; Political stability remains a major factor driving flows; UAE clear winner in the region, as other GCC countries see net outflows of private capital.
date:Posted: October 28, 2014
INTERNATIONAL. Foreign policy is what a president wishes would happen; foreign affairs are what actually happen; the problem that Obama has, which has crippled his foreign policy, is that his principles have not been defined with enough rigor to provide definitive guidance in a crisis.
UAE. Total wealth in the GCC stood at US$ 1.7 tillion in 2014, up 4.75% from 2013; Total wealth in Saudi Arabia and UAE grew by 5%; Global household wealth up 8.3% to US$263 trillion, driven by the US and Europe, according to Credit Suisse Research Institute.
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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