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.

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…

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.

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…

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…