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 8, 2013
UAE. Contract awarded by Abu Dhabi Ports Company (ADPC) to manage the development of Delma Port, located about 40 km off the coast of the Western Region of Abu Dhabi.
Posted: September 1, 2013
EGYPT. A "terrorist" staged an unsuccessful attack on a container ship passing through the Suez Canal on Saturday, in an attempt to disrupt the flow of ships through the waterway.
Posted: August 21, 2013
UAE. Organised in cooperation with the National Transport Authority, meeting sheds light on the new act effective 1st September.
Posted: August 20, 2013
UAE. The biggest threat currently seen in commodity markets is the risk of a disruption of the safe passage of crude oil and products through the Suez canal and the Suez - Mediterranean pipeline.
Posted: August 19, 2013
BAHRAIN. Arcapita acquired a majority stake in 3PD in 2006 as a growth asset that offered significant opportunity due to the fragmented and growing demand for last-mile services in North America.
Posted: August 7, 2013
YEMEN. Yemen said it uncovered an al-Qaeda plot to seize port facilities in the volatile southeastern province of Hadramut after the U.S. and Britain urged their nationals to leave the country.
Posted: August 6, 2013
INTERNATIONAL. Britain has issued the highest possible security alert to shipping companies operating off the coast of Yemen, amid a worldwide terror alert focused on the country.
Posted: July 23, 2013
EGYPT. By disrupting some of the big, dominant companies, Egypt's unrest created more space for small, nimble start-ups to operate. "Egyptians became risk-takers after the revolution."
Posted: July 12, 2013
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.
Posted: July 9, 2013
UAE. The agreement aims to enhance cooperation between the parties regarding training and technical assistance, initiatives and mechanisms in the field of risk management and trade processes.
Posted: July 7, 2013
UAE. AED 1.32 billion facility successfully syndicated and oversubscribed.
Posted: June 26, 2013
QATAR. ePOD service enhances shipment visibility & customer convenience, eliminates paper waste.
Posted: June 23, 2013
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.
Posted: June 20, 2013
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.
Posted: June 13, 2013
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.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 19, 2014
UAE. Key sectors driving growth in the housing market are the tourism, hospitality, education and healthcare sectors, which is translating into robust population growth and demand.
date:Posted: April 17, 2014
KUWAIT. According to a newly released report by Kuwait Finance House Research, the global sukuk market saw a modest volume of US$31.14 billion in new sukuk issuances in 1Q2014. This volume represents a drop of 9.82% compared to US$34.53 billion worth of issuances in 1Q13.
date:Posted: April 16, 2014
INTERNATIONAL. The WGC pointed out that the Chinese bank savings amount to US$7.5 trillion but only about US$300 billionn is allocated to gold, signifying the potential for gold demand to grow as Chinese wealth climbs.
INTERNATIONAL. It's now up to the new government to get real shale development in motion, and for Turkey to face up to its own strategic realities and join forces with Ukraine to harness LNG potential.
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