United Arab Emirates

United Arab Emirates

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Materials Handling Equipment in the GCC market revenues set to reach US$ 5 billion by 2020
Saudi Arabia, with about 46% and the UAE with 35%, make up the largest markets in the region
Aramex announces 4% revenue growth in second quarter of 2017
10 injured in DP World crane accident
Investigation is currently underway to establish the cause of the incident
GAC Group announces management changes
Erland Ebbersten, formerly Group VP for Africa, Russia and Central Asia will now head as Group VP Marine Abu Dhabi, Turkmenistan and Kazakhstan
DAFZA signs MoU with Guangdong Free Trade Zone
Agreement aims to exchange expertise and experiences as well as expand bilateral cooperation
African logistics investment opportunities are growing
Trend is driven by growth of the region's middle classes and mobile retailing
Middle East air cargo demand continues to erode
Middle East cargo volumes are hurting this year despite previously faring better than global competition
Damen Shipyards Sharjah wins  Best New Build Yard Award
Award made at 7th International Maritime Awards held at Shiptek 2016
Drydocks World wins second “Best Repair Yard” Award
The yard is spread over 200 hectares, 4 drydocks with the largest dock capable of handling the world’s largest ship and over 3,700m of berth space
ISO hull and propeller standard passes final hurdle
The ISO 19030 is finally nearing publication, in a move that has the potential to save the shipping industry as much as USD 30 billion in annual fuel costs

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