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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
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 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: March 29, 2015
UAE. Deloitte launches 2015 Technology, Media & Telecommunications Predictions for the Middle East; Middle East millennials to spend around US$37 billion on media content; GCC countries to make significant open data advancements in 2015.
date:Posted: March 29, 2015
QATAR. S&P projects real economic growth to average about 4% annually in 2015-2018, sustained by the government's US$220 billion investment program.
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QATAR. Notwithstanding the weak start for the global economy, Asian economies are expected to continue to grow rapidly in 2015. We expect economic growth to average 5.7% in 2015, the same rate as in 2014.
UAE. Deloitte launches 2015 Technology, Media & Telecommunications Predictions for the Middle East; Middle East millennials to spend around US$37 billion on media content; GCC countries to make significant open data advancements in 2015.
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