Middle East

Abu Dhabi Ports subsidiary Maqta Gateway and Abu Dhabi Global Market have partnered to launch a creative platform for FinTech innovator firms to develop and test new solutions.

Plans to construct a port on Eritrea’s Red Sea coastline indicate Eritrea’s re-emergence as a possible investor destination following the end of two decades of political tensions between the nation and Ethiopia.

Iran’s Ports & Maritime Organization (PMO) will inaugurate 23 development projects in the country’s ports during the Government Week (23–29 August), Islamic Republic News Agency has reported.

The US withdrawal from the JCPOA (nuclear) agreement will mean the re-entry of direct sanctions against Iran’s port operators alongside those aimed at South Shipping and IRISL lines, according to UK P&I…

Abu Dhabi Ports has signed a 30-year concession agreement with MSC Mediterranean Shipping Company to establish a new container terminal at Khalifa Port, UAE.

Bahrain’s Khalifa Bin Salman Port (KBSP) is currently operating at 45% of its capacity.

A report by transport research and analysis company Transport Intelligence (Ti) has claimed that the Middle East Gulf region could suffer from substantial overcapacity of container terminal infrastructure if all planned projects…

The UN Security Council has called for ports in Yemen to remain open to allow commercial and humanitarian imports to reach people in need of them.

DP World reported total revenue of $4.7bn and total profit of $1.2bn in 2017, marking increases of 13.2% and 7.3% respectively from 2016.

Abu Dhabi Ports and Barcelona vehicle terminal Autoterminal have signed a shareholder agreement to manage a car/ro-ro terminal at the UAEs Khalifa Port in Abu Dhabi under a 15-year concession.

$250m of investment at International Container Terminal Services (ICTSI) Basra Gateway Terminal (BGT) at the Port of Umm Qasr could take annual handling capacity over 1m teu.

Plans are in place to grow King Abdullah Ports capacity from 3m teu to 5m teu and create new logistics services.

DP World has presented its vision for its Sokhna World Zone project which envisions a sustainable industrial area to attract foreign investment complete with a range of investment incentives.

Saudi Arabia has reopened some ports in Yemen a week after the Saudi-led military coalition battling the Houthi movement there announced a temporary closure of all Yemeni ports to staunch the tide…

Two days after ordering a nationwide seaport closure, the Saudi-led military coalition battling the Houthi movement in Yemen has allowed work to resume at the Port of Aden, an official there said…

Yemen’s ports of Hodeidah and Saleef have been left in limbo following a UN order for commercial ships to leave.

Jeddah Port will be developed by DP World as part of a plan to diversify Saudi Arabias economy.