SERVICES

Middle East

Over 4,700 ‘active’ construction projects in Saudi Arabia
Quake magnitude 5.0 strikes southwest Turkey
As lira plumbs record low, Turkey says U.S. problems temporary
Turkish, Iraqi officials discuss resuming Kirkuk oil exports
Iraq to increase Kirkuk output to 1 mln bpd

Iraq to increase Kirkuk output to 1 mln bpd

Baghdad - Oil Minister Jabar al-Luaibi said Iraq plans to increase production from oilfields in Kirkuk to one million barrels per day and has visited the Bai Hasan and Avana fields to order work be accelerated to restore operations soon, the ministry’s spokesman said on Monday

Strong earthquake hits Iraq and Iran, killing more than 300
Desert route between Jordan and Iraq reopens
Strong earthquake hits Iraq-Iran border area, six killed in Iran
Rolls-Royce partners with ADSB

Rolls-Royce partners with ADSB

Abu Dhabi - Rolls-Royce has signed a partnership with Abu Dhabi Ship Buildingto provide shipbuilding, repair and refit services in support of the Gulf region. Rolls-Royce said Monday partnership will cover fixed service rates for onsite service attendance, turnkey repair projects, spare parts

Oil hits 2,5 year peak on Saudi purge

Oil hits 2,5 year peak on Saudi purge

London - Oil jumped to its highest in over two years on Monday as Saudi Arabia’s crown prince cemented his power through a crackdown on corruption, while world shares eased a notch and major currencies traded in tight ranges

Qatar plans to introduce direct shipping lines to North Africa
Saudi Arabia seeks new economy with $500 billion business zone with Jordan, Egypt
Germany approves sale of three Thyssenkrupp submarines to Israel
Too many threats to Turkey’s economy / EDITORIAL
Iran to launch new container service connecting Asia to Europe
Meridiana: Qatar Airways acquires 49% stake
Bahri showcases latest achievements

Bahri showcases latest achievements

Jeddah - Bahri,a global leader in transportation and logistics, participated in the General Directorate of Border Guards’ celebrations of the 87th National Day and the World Maritime Day. The celebrations included a range of events and special programs for this patriotic occasion

Saudi Aramco could disclose accounts early 2018
US fears hamper Iran’s animal feed imports
Iran ready for free trade with regional countries
Afghanistan seeks speedy development of Iranian port
Russia to give €1.2bn to Iran for power plant project
EU rejects punitive measures against Iran steel
Hyperloop train forges ahead
ADSB delivers to Kuwait on schedule

ADSB delivers to Kuwait on schedule

Abu Dhabi - Abu Dhabi Ship Building (ADSB) has reached another key landmark in its ongoing project to build vessels for the Kuwait Navy, with the formal acceptance of the landing craft Sabhan into service as part of the agreement signed with Ministry of Defense of Kuwait in 2015

HPH signs deal to operate Basra port terminal

HPH signs deal to operate Basra port terminal

Basra - Port development is picking up pace in Iraq after years of economic sanctions and internal strife that crippled trade to and from the Arabian country. Hong Kong-based Hutchison Port Holdings (HPH) last week reached an agreement with Nawah Port Management (NPM)

Iran ready to swap half a million barrels of oil per day
Tehran to bring totally homebuilt steel mill online
Trade at Jebel Ali Free Zone hits $80.2 billion

Trade at Jebel Ali Free Zone hits $80.2 billion

Dubai - Non-oil trade at Jebel Ali Free Zone rose 17% to $80.2 billion or an equivalent 27.9 million tons in 2016, from 23.9 million tons a year earlier. China kept its position as the free zone’s major player with $11.3 billion worth of non-oil goods, equipment and commodities being shipped in via the Jebel Ali port

Kuwait contains oil spill, power and water output normal
Iran shipped 502 thousand barrels of crude oil to State and private companies in India
Iran resumes oil swap in Caspian Sea
Kuwait to finish cleaning up oil spill this week
Arab bloc won’t discriminate against US firms in Qatar rift
Iran in talks to buy 48 Airbus helicopter
Erdogan says Berlin relations to improve after German election
Gaza dreams of port

Gaza dreams of port

Gaza - For decades, Palestinians have dreamed of having their own port on the Mediterranean, from where they could sail the world. Instead, they are making do with a wooden ship run aground on a Gaza beach, which has become a popular restaurant

“No Solution to Gulf crisis until bans are lifted”

“No Solution to Gulf crisis until bans are lifted”

Doha - The Foreign Minister of Qatar Sheikh Mohammed bin Abdulrahman Al-Thani said that the Gulf crisis cannot be resolved unless the “siege” is lifted. The Minister said that there can be no dialogue as countries that imposed restrictions on Qatar never gave specific expectations

Qatari LNG route to Europe round Africa is nothing new
Qatar signs $12 bln deal to buy jets from U.S.

Qatar signs $12 bln deal to buy jets from U.S.

Doha - Qatar’s Ministry of Defense said on Wednesday the country signed a deal to buyF-15 fighter jets from the United States for $12 billion. The deal was completed despite the Gulf country being criticized recently by U.S. President Donald Trump for supporting terrorism

Eni: “Qatar crisis affects gas not oil”

Eni: “Qatar crisis affects gas not oil”

Bologna - “The current tensions over Qatar have not had many effects, because the country is more a gas than an oil producer and so I think that in the end reason will win out and therefore it will be possible to find dialogue. I am convinced of it, because the role of Qatar is too important.”

Qatar launches new shipping routes to Oman amid food shortage fears
Etihad Cargo help bring endangered rhinos

Etihad Cargo help bring endangered rhinos

Abu Dhabi - The critically endangered black rhino has returned to the wilds of Rwanda with the help of Etihad Cargo and animal transport specialist Intradco Global. On behalf of African Parks, Intradco chartered two Etihad Boeing 777 freighters to transport the 19 black rhinos from Johannesburg to the Rwandan capital

GE: $15 billion of business deals with Saudis

GE: $15 billion of business deals with Saudis

Ryadh - U.S. technology and engineering conglomerate GE said on Saturday it had signed $15 billion of business deals with Saudi Arabia as part of the kingdom’s drive to diversify its economy beyond oil. It came as dozens of senior U.S. business executives met Saudi counterparts at a conference

Hapag-UASC tie-up nears completion

Hapag-UASC tie-up nears completion

Doha - German shipping line Hapag Lloyd is close to completing a mergerwith United Arab Shipping Company (UASC) after UASC’s shareholders agreed terms to repay outstanding debts, sources familiar with the talks said

Proven track record at JSL Global in Qatar / GALLERY

Proven track record at JSL Global in Qatar / GALLERY

Doha - JSL Global completed the offloading,local transportation and handling of 40 modules arriving at Hamad Port from Croatia. Each module weighed 25mt with dimensions of 14.0 x 3.6 x 3.6m. When the vessel berthed at Hamad Port, JSL noticed that the cargo was very delicate and because of its hollow structure

GAS discharges 15 transformers in Djibouti

GAS discharges 15 transformers in Djibouti

Djibouti - Gulf Agency Services in Djibouti is 10 years old and the company is focusedon project cargo. The cargo arrived at the Port of Djibouti from Shanghai (China) aboard “BBC Kwiatkowski” for an Ethiopian Electric Power Project. Eight of the transformers weighed in at 110mtns each with seven at 53.8mtns

Iran: IRISL begins shipment of heavy cargoes
Over 33 % rise in volume of Iran’s trade exchanges
New Auto Gate system opens at Sohar

New Auto Gate system opens at Sohar

Sohar - As the world’s leading port network,Hutchison Ports is no stranger to significant infrastructure investments or world-leading technologies. As the container terminal operator at Sohar Port in Oman, Hutchison is taking its next bold step towards modernisation and full automation