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Maritime sector contributes $7.32bn to Dubai GDP

The maritime sector significantly improved its contributions to Dubai’s GDP in 2015, accounting for Dh26.9 billion ($7.32 billion) or seven per cent of the total, according to latest figures. Shipping had the largest share,

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Adnoc to merge shipping, marine and services firms

Abu Dhabi National Oil Company (Adnoc) announced today its intention to consolidate the operations of three of its shipping, marine and services companies to create a single world-class entity. The Abu Dhabi National Tanker Compan

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Adnoc to merge shipping, marine and services firms

Abu Dhabi National Oil Company (Adnoc) announced today its intention to consolidate the operations of three of its shipping, marine and services companies to create a single world-class entity. The Abu Dhabi National Tanker Compan

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Iranian ports handle 13pc increase in freight in August

Iranian ports recorded a 13 per cent increase in the amount of goods loaded/unloaded during August compared to the figure for the same month in 2015, said a report. A total of 23.83 million tonnes of oil and non-oil products were

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Libya's government says in talks to reopen two major oil ports

Libya's UN-backed government in Tripoli is in negotiations with an armed brigade controlling two main oil ports to reopen the terminals and lift a force majeure to restart exports, a member of its ruling council said.  

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Singapore plans to develop ports in Iran

Singapore plans to participate in projects to construct and develop ports in Iran, according to a high-ranking Singaporean official, said a report. Head of Singapore Port Development Sector Vun Chi Fung, in a meeting with Iran'

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Qatar, Bulgaria sign MoU for cooperation in ports sector

Senior officials from Qatar and Bulgaria recently signed a memorandum of understanding (MoU) for bilateral cooperation in the field of ports, said a report. The MoU was signed at the Bulgarian Ministry of Transport, Information Te

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Egypt pumps $22 billion to clear goods piled at ports

Egypt's Central Bank Governor Tarek Amer said that devaluing the Egyptian pound had attracted foreign investment worth $500 million in treasury bills and that he had pumped $22 billion into the banking system to clear goods piled at ports.

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Egypt pumps $22 billion to clear goods piled at ports

Egypt's Central Bank Governor Tarek Amer said that devaluing the Egyptian pound had attracted foreign investment worth $500 million in treasury bills and that he had pumped $22 billion into the banking system to clear goods piled at ports.

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Agility may bid for Kuwait airport management

Kuwait's Agility, the largest logistics company in the Gulf, will be interested in bidding for Kuwait's airport and ports if their management is offered for privatisation, the chief executive Tarek Sultan said on Wednesday.

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