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- Saudi riyal symbol: strategic step toward global financial standing
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- Saudi Awwal Banks becomes first bank in Saudi Arabia to win Sustainability Program Award 2024 at Capital Markets Forum
- Qatar's international reserves climb 3.81% to $70.29bn in February
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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
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
20/06/2016
Qatar Navigation (Milaha) has reached a preliminary agreement to buy Qatar Petroleum's stake in oilfield services firm Al Shaheen Holding, Milaha said in a bourse filing on Sunday. Qatar Petroleum hi
Gulfnews
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| QGTS | 4.63 | -0.04 (-0.86 |
| SAL | 196.00 | -0.80 (-0.41 |
| SGS | 48.85 | 0.10 (0.20 |
| BUDGETSAUDI | 75.00 | -1.70 (-2.22 |
| LUMI | 70.20 | 0.30 (0.42 |
10/03/2025
Doha Bank introduced a suite of exclusive offers for NRIs on their Visa Platinum Debit Card, delivering exceptional value across travel, lifestyle, dining, and retail. These carefully curated benefit
The Peninsula
10/03/2025
Saudi Awwal Bank has been awarded the Sustainability Program of the Year 2024 at the Capital Markets Forum (CMF), organized by the Saudi Stock Exchange Group (Tadawul).
This achievement make
Saudi Gazette
10/03/2025
Saudi Aramco has lowered its crude oil prices for Asian buyers in April, marking the first reduction in three months. This price cut aligns with market expectations and follows the decision by OPEC+
Arab News
09/03/2025
United Development Company (UDC), the master developer of The Pearl and Gewan Islands, has continued its global track record of accomplishments by securing three new Guinness World Records. This rema
The Peninsula
07/03/2025
Talabat Kuwait has denied rumors of a security breach, assuring customers and partners that all personal and payment information remains fully secure.
In an official statement, Bader Al-Ghan
Trade Arabia
Financial Information Co.
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