Middle East

Omans Port of Salalah is to invest $112m on supplying new handling equipment for recently commissioned berths, which will boost capacity from 4.5m teu to 6m teu.

Overall, in the first quarter, ports in Saudi Arabia handled a combined 36.1m tonnes, 9.94% up on the previous year.

A tariff reform being considered for Israeli ports could save up to $290m over the next 10 years. In addition, port users willing to undertake operations outside normal daytime shifts will receive…

DP World is to ask its shareholders for approval to buy back 581m of its shares. At the same time, it is considering issuing securities totalling $553m, equivalent to one third of…

After having awarded contracts worth $952m to build the initial phase of Khalifa Port, the government of Abu Dhabi has announced its intention to issue a new round of tenders covering additional…

Developer Emaar EC and DP World have signed an agreement to build and manage a new port in Saudi Arabia at King Abdullah Economic City.