Middle East

MIDDLE EAST

MIDDLE EAST

DP World is being linked with the possible sale of shares on Londons stock exchange, with the company hoping to join the FTSE 100 index of shares.

25th March 2010

DP World linked to London IPO

25th March 2010

MIDDLE EAST

MIDDLE EAST

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%.

22nd February 2010

Eilat workers up the ante

22nd February 2010

MIDDLE EAST

MIDDLE EAST

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

19th February 2010

DP World mulls Australian IPO

19th February 2010

MIDDLE EAST

MIDDLE EAST

A group of Iranian investors has met officials of the Iraqi Ports Company with a view to making some limited investments in the Basra area.

5th February 2010

Iranian investors eye Iraqi ports

5th February 2010

MIDDLE EAST

MIDDLE EAST

The government of Abu Dhabi has given neighbouring Dubai a loan of $10bn, part of which will go towards covering financial obligations currently faced by Dubai World.

31st January 2010

No bail out for DP World

31st January 2010

MIDDLE EAST

MIDDLE EAST

The completion of the first phase of Jeddah Islamic Ports newest world-class container facility, Red Sea Gateway Terminal (RSGT), was recently celebrated with the arrival of UASCs Al Muttanabi. Located at the…

26th January 2010

Red Sea Gateway gets going

26th January 2010

MIDDLE EAST

MIDDLE EAST

The ports industry released what must have been a collectedly-held breath when on Wednesday the Government of Dubai finally told investors that DP World and its debt are not included in the…

3rd December 2009

Ports free of Dubai woes – almost

3rd December 2009

MIDDLE EAST

MIDDLE EAST

DP World has detected stabilisation in the decline of container traffic - despite a 6% drop in traffic in Dubai for the third quarter of this year.

2nd December 2009

DP World detects market stabilisation

2nd December 2009

MIDDLE EAST

MIDDLE EAST

The Israeli government is to go ahead with the privatisation of the Ashdod and Haifa port companies.

3rd November 2009

Israel to privatise Ashdod and Haifa

3rd November 2009

MIDDLE EAST

MIDDLE EAST

Syrias Tartous International Container Terminal (TICT) recorded a 44% increase in container throughput during the first six months of the year over the same period in 2008 and is gearing up for…

27th October 2009

Throughput boost for Syrias TICT

27th October 2009

MIDDLE EAST

MIDDLE EAST

Are port infrastructure development projects aimed at placing Saudi Arabia as the transhipment hub of the Middle East? Patrik Wheater reports

26th October 2009

By-passing the Gulf

26th October 2009

MIDDLE EAST

MIDDLE EAST

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20th October 2009

DP World not selling stake

20th October 2009

MIDDLE EAST

MIDDLE EAST

Its business as usual at port conglomerate DP World despite declining volumes on the back of the financial crisis, in contrast to the euphoric years of 2007 and 2008.

17th September 2009

No real change at DP World

17th September 2009

MIDDLE EAST

MIDDLE EAST

Iraqs Transport Ministry has revealed that Iraqi Ports Company has signed a $12.6m contract with local company to expand Umm-Qasr port near Basra. Work will be completed within 210 days.

3rd September 2009

Iraq improves Umm-Qasr

3rd September 2009

MIDDLE EAST

MIDDLE EAST

The Ports Corporation of Jordan, which is due to be transformed into a standalone company, could take longer than expected.

26th August 2009

Jordan ports body hits a wall

26th August 2009

MIDDLE EAST

MIDDLE EAST

The current state of the global container market has prompted DP World to delay its $1.5bn investment in a proposed third terminal at Jebel Ali. The project will be re-visited once business…

15th August 2009

Plug pulled on Jebel Ali 3

15th August 2009

MIDDLE EAST

MIDDLE EAST

Dubai-based private equity fund, Abraaj Capital, has been linked to a 15% stake in DP World, an approach that has been confirmed by the terminal operator.

12th July 2009

DP World to sell equity stake as profits fall

12th July 2009

MIDDLE EAST

MIDDLE EAST

Port Said Container and Cargo Handling Co has implemented a range of pricing discounts to encourage exporters, importers & investors to co-operate with its container terminal and dry port. The incentives include…

10th July 2009

Port Said tariff incentives

10th July 2009

MIDDLE EAST

MIDDLE EAST

A field study for a new port in the Gulf of Aqaba on the southern tip of Jordan has been completed.

30th May 2009

Jordan port study

30th May 2009

MIDDLE EAST

MIDDLE EAST

The Lebanese government will issue a tender by the end of April for a $120m expansion of the port of Beirut. Work is due to take no more than 30 months and…

10th May 2009

Expansion at Beirut

10th May 2009