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Saudi Aramco awards $91million contract for Jizan Port project

Saudi Aramco has awarded China Harbour Engineering Company a $91 million contract for the construction of a commercial port at Jazan Economic City, located...

Djibouti Prepares for Mega Project Opening

The Port of Djibouti has announced that its Doraleh Multipurpose Port (DMP) will be completed by the end of March 2017, with commissioning starting...

Many pacts to be signed during King’s 31-day Asian tour next...

Custodian of the Two Holy Mosques King Salman will embark on a five-nation Asian tour next week. Several landmark pacts are expected to be...

2 New Gates Proposed on Iran-Turkey Border

Adraft law that proposes the establishment of new border gates between Turkey and Iran was approved by the Turkish Grand National Assembly on Wednesday. According...

The Ministry of Commerce has prepared a paper assessing possible consequences...

“We will send our assessment shortly to Prime Minister Nawaz Sharif,” said Commerce Minister Khurram Dastgir Khan. The US is the single largest export destination...

Expansion Works Start at Virginia International Gateway

The marine container terminal Virginia International Gateway (VIG) has launched a USD 320 million expansion project which is expected to nearly double the terminal’s...

85% of Iranian Trade Via Marine Routes

Maritime transportation accounts for about 87% of global trade, which figure for Iran currently stands at 85%, the CEO of the Islamic Republic of...

WTO outlook Indicator first quarter of 2017

The WTO’s latest World Trade Outlook Indicator (WTOI) suggests that global trade growth will continue to build moderately in the first quarter of 2017...

Booming economic ties, further cooperation focus of Erdoğan’s Gulf tour

As President Erdoğan completed his Gulf tour in Qatar, the overall message of the visit conveyed to the world. Turkey and the Gulf nations...

Qatar: $11bn worth of transport projects on track

Roads and transport projects in Qatar are on track and on schedule, according to Qatar’s Minister of Transport and Communications HE Jassim bin Saif...

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