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%.

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

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.

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…

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.

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