Middle East

Egypt has given DP World the green light for an ambitious expansion plan at its Sokhna base.

Oman’s port of Sohar is in the process of selecting an operator for its new bulk terminal, which will handle both aggregates and minerals.

DP World is now the worlds third-largest port operator, according to a report from Drewry Shipping Consultants.

IPOs at both Haifa and Ashdod ports in Israel have been suspended given that the Finance Ministry and port operators have failed to resolve a series of outstanding issues.

Port operator DP World has clarified its position on its planned London listing to Port Strategy.

Turkeys Privatisation Administration has put back the bidding deadline for a 36 year-concession at the Mediterranean port of Iskenderun from August 4 to September 16. Initially, the port was offered to the…

The operation of seven berths at Pars Port Complex in Iran has been transferred to the Islamic Republic of Iran Shipping Lines, which will also have responsibility for future investment.

Oman International Container Terminal (OICT) has opened a new inland container depot (ICD) or “dry port” in Muscat. The Muscat Container Depot is Oman’s first ICD complete with customs facilities.

Saudi Arabias eight state-owned ports will be managed by an independent company as part of a gradual privatisation process, Saudi Ports Authority has announced.

Media speculation that DP World is in dispute with the Egyptian government over Sokhna Port has been publicly denied by the Emirates-based operator.

Iraqi Transport Minister, Amer Abdul-Jabbar, has announced that an Italian consortium is to construct a new port at Al-Faw.

Israels Minister of Finance has signed the ports user rates reform, which will eventually allow Haifa Port Company and Ashdod Port Company to be privatised.

Plans to further address the Port of Salalah’s carbon emissions have been unveiled.

A recent visit to Dubai by a UK trade minister resulted in him commenting that some progress has been made by Dubai World in renegotiating the terms of its debt. The company,…

Saudi Arabia is planning to spend $26.3m on port security, making it the largest spender in this area in the Middle East.

The proposed New Doha Port will have a five kilometre long access channel, alongside which will be located a number of large container terminals.

Employees of Eilat Port Company Ltd are seeking to obtain 15% of the companys equity when it is eventually privatised, despite a government offer of just 10%.

Unconfirmed reports from Australia suggest that DP World is contemplating raising $884m through an initial public offering of some of its local assets.