You are hereHome CategoriesKuwait
Kuwait to start building 6 tankers in 2014
Source: BI=-ME with Bloomberg , Author: Posted by BI-ME staff
Posted: Wed May 2, 2012 10:11 am

 KUWAIT. Kuwait Oil Tanker Co. will start building six oil and gas tankers in 2014, state news agency KUNA reported, citing KOTC’s chairman.

The company will also receive nine tankers in mid-2014 as part of a US$556 million contract it signed earlier this year with South Korea’s Daewoo Shipbuilding & Marine Engineering Co., Chairman Nabil Bouresli said, according to KUNA.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: December 6, 2016
UAE. Knowledge Summit 2016: "Over 2 billion jobs will disappear by 2030 and that is the hidden results of our rapid technology growth. But, if we understand all these hidden consequences we can create jobs at a much higher rate".
date:Posted: December 5, 2016
UAE. Succession planning is the biggest challenge in the next five years; Middle East family businesses need to grow in double digits every year to sustain the family's intergenerational wealth; Slow or no progress on strategic planning could impact growth.
date:Posted: December 4, 2016
SAUDI ARABIA. Despite experiencing 30% growth in the last five years, e-commerce upside potential in the Kingdom of Saudi Arabia remains huge according to a BCG report.
dhgate