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Bahri wins top Arab shipping awardThe National Shipping Company of Saudi Arabia (Bahri) said it has won top recognition for its maritime achievements in the region by Forbes Middle East . A major player in the marine sector, Bahri owns and operates a fleet of 44 vessels, besides the 10 new vessels which are to jo More… |
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Dubai Metro carries 33.3m commuters in Q1Dubai Metro transported more than 33.3 million commuters both Red and Green lines during the first quarter of the year, indicating a significant increase in figures compared to the same period last year. Adnan Al Hammadi, chief executive officer of the Rail Agency, Roads & Tr More… |
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Sudan to sell stakes in four sugar plantsSudan, struggling with economic crisis and a budget deficit, plans to sell stakes in four state-owned sugar plants to attract partners, the official news agency SUNA said. The African country has been trying to boost its sugar output to offset the loss of most oil production, the More… |
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Sabic sponsors industrial innovation awardThe Saudi Basic Industries Corporation (Sabic) sponsored the Industrial Innovation Award which was presented to developers of new ideas for industrial projects at a ceremony held in Riyadh yesterday (May 18). Dr Tawfiq Al-Rabiah, Minister of Commerce and Industry and chairman of More… |
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Emirates SkyCargo wins top carrier awardEmirates SkyCargo, the freight division of Emirates, has won the Best Air Cargo Carrier Middle East award for the 18th consecutive year at the recent Asian Freight & Supply Chain Awards (AFSCA) in Beijing. Organised by the market leading transport and logistics newspaper Carg More… |
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Maaden reopens phosphate, ammonia plantsMaaden Phosphate Co (MPC) has restarted a diammonium phosphate plant (DAP) in Saudi Arabia after repairing the ammonia plant that feeds it, but the shutdowns will negatively impact profits, the company said on Sunday. More… |
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GCC exports over 80pc of petchem productionThe Gulf countries export more than 80 per cent of their petrochemical production including ethylene glycol, styrene monomer and paraxylene to overseas markets, said a senior industry expert. “These exports have included over 30 million metric tons (MT) of petrochemicals du More… |
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Harris Pye opens Dubai officeHarris Pye, a specialist in the provision of repairs, upgrades and conversions to the marine, offshore oil and gas sector, has opened its brand new office at Jumeirah Lakes Towers in Dubai. The company was established to centralize engineering teams to support global business dea More… |
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Maersk plans to double freight chargesA P Moller-Maersk, owner of the world's biggest container shipping company, is "100 per cent certain" it can more than double freight rates in July despite market weakness that has seen prices fall by a third since March. Shipping has taken a hammering in the past f More… |
