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    Ministry signs agreement to support Oman’s honey industry

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    Local, Italian companies partner up to establish food retail chain in Egypt

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    Egypt’s agriculture minister stresses importance of boosting intra-regional trade cooperation among African states

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    Azerbaijan, Iraq discuss prospects of relations

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      Egypt’s Trade minister, Hungarian ambassador discuss economic relations

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          Ministry signs agreement to support Oman’s honey industry

          Local, Italian companies partner up to establish food retail chain in Egypt

          Local, Italian companies partner up to establish food retail chain in Egypt

          Egypt’s agriculture minister stresses importance of boosting intra-regional trade cooperation among African states

          Egypt’s agriculture minister stresses importance of boosting intra-regional trade cooperation among African states

          Azerbaijan, Iraq discuss prospects of relations

          Azerbaijan, Iraq discuss prospects of relations

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          Oman inks pack to bolster role of SMEs in food systems

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          MAFWR, Port of Duqm sign MoU

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            Egypt’s Trade minister, Hungarian ambassador discuss economic relations

            Turkey eyes $5bn bilateral trade with Qatar

            Turkey eyes $5bn bilateral trade with Qatar

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            Iraq set to award new Faw Port deals

            Deal signed to set-up first factory in Qatar to assemble electric vehicles

            Deal signed to set-up first factory in Qatar to assemble electric vehicles

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            Local, Italian companies partner up to establish food retail chain in Egypt

            Local, Italian companies partner up to establish food retail chain in Egypt

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            Madayn working on major Oman industrial city projects

            Foundation stone laid for new 700-bed hospital is Salalah, Oman

            Foundation stone laid for new 700-bed hospital is Salalah, Oman

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            Iraq set to award new Faw Port deals

            Egypt implements 164 service and development projects at LE4.8 billion in North Sinai

            Egypt implements 164 service and development projects at LE4.8 billion in North Sinai

            Miral’s premier Abu Dhabi waterfront project work on track

            Miral’s premier Abu Dhabi waterfront project work on track

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            Aecom wins Neom utilities infrastructure design contract

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              Investments in renewables in Egypt reach LE6 bn: Official

              Investments in renewables in Egypt reach LE6 bn: Official

              Egypt signs 8 gas exploration contracts worth $934mn over 15 months

              Egypt signs 8 gas exploration contracts worth $934mn over 15 months

              JGC lands $3.7bn Iraq refinery upgradation project deal

              JGC lands $3.7bn Iraq refinery upgradation project deal

              Tadweer opens phase 2 of solar power plant at Al Dhafra

              Tadweer opens phase 2 of solar power plant at Al Dhafra

              France to help Iraq generate electricity, will invest in education, science: Macron

              France to help Iraq generate electricity, will invest in education, science: Macron

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              Acwa Power inks finance deals for 900MW Dubai solar park

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                Coronavirus: UAE conducting human trials for Covid-19 vaccine

                Coronavirus: UAE conducting human trials for Covid-19 vaccine

                COVID-19 vaccine could be available by autumn: Oxford University

                GSK to develop plant-based COVID-19 vaccine with Canada’s Medicago

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                Egyptian COVID-19 drug to be on market in two weeks: Health Ministry

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                UAE sends medical aid to Iraq to fight COVID-19

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                UAE launches phase III trial of inactivated Covid vaccine

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                COVID-19 vaccine could be available by autumn: Oxford University

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                Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

                Saudi to be among world’s big leisure tourism hubs by 2030

                Saudi to be among world’s big leisure tourism hubs by 2030

                Qatar’s hospitality sector peaks despite turbulent 2020

                Qatar’s hospitality sector peaks despite turbulent 2020

                Accor inks deal to manage first Swissôtel-branded hotel and residential project in Qatar

                Accor inks deal to manage first Swissôtel-branded hotel and residential project in Qatar

                Staycations to stimulate Qatar’s hospitality sector

                Staycations to stimulate Qatar’s hospitality sector

                Quarantine rule to give a boost to Qatar’s hospitality industry in Q3: CWQ report

                Quarantine rule to give a boost to Qatar’s hospitality industry in Q3: CWQ report

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              $140 million investment expands Beirut Port’s container handling capacity

              The Daily Star

              October 23, 2013
              in Economy, Infrastructure, Transport & Logistics
              0

              Contrary to the trend of most economic sectors in Lebanon, Beirut Port recorded impressive growth over the past two years both in revenues and in the number of containers it handled.

              One of the reasons behind this phenomenal growth was the Syrian crisis.

              “No doubt that Beirut Port prospered after the war broke out in Syria. The international sanctions on Syria caused activity at the Syrian ports to fall by more than 70 percent. Lebanese merchants are now supplying all the badly needed goods to their Syrian counterparts who visit Beirut Port to ship the containers in trucks to their country,” Zakhour explained.

              The wharf has been expanded from 600 meters long to 1100 meters, while the basin has become 16.5 meters deep, allowing Beirut Port to receive the largest container ships in the world.

              The port authorities also increased the number of the giant cranes from six to 12 while the smaller ones jumped from 18 to 36.

              Beirut Port has also become one the busiest in the Middle East due to the high demand for transshipment containers from Syria and Iraq.

              With the increased business at the port, merchants and clearing companies have complained about the delay in clearing the containers on time due to heavy congestion.

              Most of the containers that were unloaded from the ships had remained stuck at the port for several days and sometimes weeks as a result of the heavy traffic.

              “But now this problem is over after we expanded the wharf and increased the number of cranes. We can now handle 1.5 million containers without any problem,” Zakhour said.

              He expected the port to handle 1.2 million containers at the end of this year after the completion of the new wharf.

              “We are one of the few ports in East Mediterranean which have 12 giant gantry cranes. We are now competing with Turkish ports in terms of the number of containers we handle each year.”

              Zakhour said the Syrian conflict has been seen as a boon not only for Beirut Port but Lebanese merchants and suppliers as well.

              “Many Lebanese merchants are now ordering large amount of goods from abroad in order to be shipped to Syria,” he said.

              Fuel oil and oil derivatives are among the top shopping items for Syria.

              Beirut Port revenues registered a growth of 18.9 percent in the first nine months of this year compared to a growth of 11.9 percent in the same period of last year.

              The number of containers handled by Beirut Port in the month of September alone stood at 40,000 containers compared to 30,000 in the same month of last year.

              “The port made a gross revenue of $164 million in the first nine months of this year and this trend will continue till the end of this year. The future looks very promising for Beirut Port,” Zakhour said.
              The Daily Star
              23 October

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