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: January 13, 2015
UAE. Smiths Detection has successfully installed a range of advanced detection equipment for Emirates Group Security at its facility in Dubai World Central.
Posted: January 6, 2015
UAE. SCT has again recorded double-digit growth compared to the previous year's volumes.
Posted: December 30, 2014
BAHRAIN. Gulf-based investment firm exits from its investment in Able Logistics Group by selling its 70% equity stake to Kerry Logistics Network, for US$32 million.
Posted: December 17, 2014
ALGERIA. Abraaj completes inaugural investment in Algeria and its first in the logistics sector in North Africa; brings significant experience from logistics investments in the Middle East, Latin America and South East Asia.
Posted: November 27, 2014
SAUDI ARABIA. Saudi Arabia is experiencing exponential growth in its ports and shipping sectors totaling more than US$30 billion within the government's current five-year plan.
Posted: November 22, 2014
OMAN. One of the world's most advanced fuel efficient LNG carriers; The 162,000 cubic metres capacity vessel was built by Hyundai Heavy Industries in South Korea.
Posted: November 22, 2014
UAE. Over US$60 million investment in four ship-to-shore container cranes and 12 rubber tyred gantry cranes; Sophisticated cranes with user-friendly interfaces adopt the highest standards of safety
Posted: November 13, 2014
UAE. DP World, the ports operator, agreed to buy an industrial parks company in a deal that may help Dubai World pay debt five years after its near default roiled global markets.
Posted: November 5, 2014
INTERNATIONAL. "There is no sign of Africa's exploration activity slowing down, and the continent is expected to continue on its growth path as its attractiveness as an investment destination for the sector becomes ever more apparent due to its untapped resources and potential of new discoveries."
Posted: October 30, 2014
UAE. "Global trade this year will more than double the 2.2% recorded in 2013 but higher operating costs, is leading to an increase in the number of larger vessels, putting pressure on port infrastructure and logistics."
Posted: October 27, 2014
UAE. Revenues increased to AED 922 million vs Q3 2013; Net Profits increased 16% to AED 69.5 million vs Q3 2013.
Posted: October 27, 2014
UAE. Impact of 4.5% forecasted growth in global trade on capacity-challenged operations and Gulf region's ambitious expansion strategy to anchor agenda at biennial maritime summit.
Posted: October 15, 2014
UAE. New ventures report shows spending will double this year across the region, with a focus on five areas: rail, roads, airports, ports and free trade zones.
Posted: October 12, 2014
INTERNATIONAL. As opposed to western markets, where the methods to reach consumers are relatively defined, Africa's unique business landscape gives scope to introduce innovative marketing initiatives that may be relatively unexplored by businesses operating in other markets.
Posted: October 9, 2014
UAE. Impact of global legislation on key ship recycling hubs scheduled for high-level debate at Seatrade Middle East Maritime 2014 as industry experts meet to share their experiences

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: May 26, 2015
INTERNATIONAL. The Continent's basic geographical split remains in place, and Russia still holds the weaker position. However, its relative strength has increased with the rise of divergent interests within the European Union, and its primary concern regarding the Continent is not Europe but the United States.
date:Posted: May 26, 2015
UAE. EIU report commissioned by Waha Capital points out two major challenges for the sector: human resources and varying regulations across the seven emirates.
date:Posted: May 26, 2015
UAE. "Those who stay attuned to market needs and transform their business in anticipation of new entrants and unprecedented trends will reap the greatest rewards."
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