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- TAQA Group reports Q1 revenue of $ 3.87bn, up 3.8%
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04/12/2016 08:11 AST
Gulf Navigation is considering a significant overhaul in conjunction with two major Chinese shipping firms that will involve expansion into new operating lines, including shipbuilding, and ship repair through new facilities in the Northern Emirates.
The Dubai-based shipping firm said yesterday that it had initiated feasibility studies to expand its operations in Khorfakkan and Fujairah, in conjunction with China's Wuchang Shipbuilding Industry Group and Qingdao Beihai Shipbuilding Heavy Industry.
The new facilities will offer services such as shipbuilding, ship repair and offshore platforms, marine specialised operations and global mobile ship repair.
"The eastern coast of the UAE is considered one of the most important trade routes in the world and berthing areas, and it is the world's second leader in the supply and ship refuelling and bunkering," the company said yesterday.
"Gulf Navigation intends to tap this potential."
The first phase of the new project, the timing of which is unclear, will include a new floating dock facility, as well as the development of specialised mobile cranes working remotely for all types of ships and offshore platforms, the company said.
The National
01/05/2025
Qatar Navigation (Milaha) yesterday announced its financial results for the three months ended March 31, 2025.
Milaha reported solid financial results for the first quarter ended March 31,
The Peninsula
19/03/2018
Milaha (Qatar Navigation) will undertake selective international expansion and cost optimisation with a plan to strengthen the domestic operations this year as part of strategies to generate higher r
Gulf Times
27/02/2018
Qatar Navigation (Milaha) yesterday announced a net profit of QR470m for the full-year 2017. Operating revenues decreased by 2 percent to QR2.491bn for the twelve months ended December 31, 2017, dow
The Peninsula
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| QGTS | 4.81 | 0.00 (0.00 |
| SAL | 178.80 | -0.40 (-0.23 |
| SGS | 49.75 | -0.35 (-0.70 |
| BUDGETSAUDI | 73.50 | 0.00 (0.00 |
| LUMI | 67.00 | 0.80 (1.20 |
16/05/2025
Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utilities companies in Europe, the Middle East and Africa, has delivered a 3.8% year-on-year revenue growth, reaching AE
Trade Arabia
16/05/2025
Abraj Energy Services has signed a contract with BP Oman to provide a drilling rig for operations in Block 61, with the rig expected to become operational in the fourth quarter of 2025.
The
Muscat Daily
16/05/2025
Commercial Bank, a leader in innovative digital banking solutions, has unveiled its all-new Corporate Mobile Banking App, setting a new standard for business banking in the region.
This stat
Gulf Times
16/05/2025
Emirates NBD is rolling out a new AI-driven solution to strengthen its compliance checks on payments and trade transactions, as part of a wider effort to improve safety, speed, and transparency in fi
Gulfnews
16/05/2025
In line with its leading and responsible role in the banking industry, National Bank of Kuwait continues to advance confidently towards building a sustainable future by implementing its environmental
Kuwait Times
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