Middle East
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Weak oil price will not affect Oman infrastructure projects
Muscat: The weak price of oil will not affect Oman’s planned infrastructure development projects, according to the country’s government, but…
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BG and BP in talks to revive Egyptian LNG export plant
Cairo: UK-based energy company BG Group is in talks with BP to link their two gas developments off Egypt's coast…
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DP World’s new Jebel Ali container terminal sees first vessel call
Dubai: The APL Phoenix today became the first scheduled vessel to call at DP World’s new container terminal at Jebel…
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Unions protest over Alexandria Containers and DP World alliance
Cairo: DP World has received approvals to form an alliance with Alexandria Containers & Cargo Handling to bid in a…
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Al Qaeda targeting oil chokepoints
Cairo: Al Qaeda has called for attacks on chokepoints of oil shipments to the West in an English language propaganda…
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New national rail project in Oman will boost ports
Muscat: Oman’s new national rail project will boost the country’s ports sector with more cargoes, the Port of Duqm Company…
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Contracts roll in for Aqualis
Dubai: Aqualis Offshore, part of Oslo-listed Aqualis ASA, has bagged three new contract awards for the company’s Middle East offices.…
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Egypt tries to position itself as grain hub
Cairo: The government has begun taking steps to convert Egypt into a global logistics centre for the handling and storage…
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Summit discusses Somalia challenge
Dubai: Piracy, terrorism and criminal activities originating in Somalia can only be addressed by creating a climate of security, engagement…
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Dredging contracts handed out for new Suez Canal
Cairo: Egypt has signed two contracts with a consortium of six international firms for the dredging work of the new…
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More direct calls expected at Sohar
Singapore: The switch of cargoes from Muscat to the port of Sohar in Oman should bring solid growth in shipping…
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Falling oil price threatens Iranian infrastructure plans
Dubai: Falling oil prices could put a stop on infrastructural development in Iran, an analyst said today. Dr Mehrdad Emadi,…
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Gulf Navigation gets go-ahead for bond conversion
Dubai: Gulf Navigation Holding has received regulatory approval to convert $60m (220m AED) of bonds into shares to settle its…
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Dubai Petroleum finds gas in offshore Dubai well
Dubai: Dubai Petroleum Establishment (DPE) has identified significant volumes of gas in its T-02 deep gas exploration well, located in…
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Canal debate divides industry
Singapore: The latest quarterly online poll for our sister title, Maritime CEO, has garnered more than 300 votes with just…
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Hodeidah port falls to Huthi militants
Dubai: Yemeni rebels have seized a major port city. The Huthi Shiite rebels met little resistance as they overran Hodeidah…
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Sohar to offer LNG bunkering services
Muscat: Sohar Port and Freezone is to offer ship-to-ship LNG services to vessels, following an announcement at the 2014 Singapore…
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Transworld and NAWAH co-operate at Iraq’s Port of Basra
Dubai: Dubai-based companies Transworld Group and NAWAH have entered into a formal agreement to jointly handle import cargo at the…
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Israel Corp to spin off Zim
Cairo: Israel Corp will list a company comprising some of its less profitable assets in Tel Aviv and New York…
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Another big win for Drydocks World
Dubai: Drydocks World has signed an agreement with Petrofac to build the BorWin3 high voltage direct current (HVDC) converter platform…
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