Sign inSubscribe

Search Site

VideosInforgraphics
Sign inSubscribe
Trends banner

Business

Borouge to pay $660m H1 dividend

Its net profit for H1 was $474 million.

TAQA secures $2.31bn loan

It will be utilized in a phased manner.

Aramco signs $11bn deal

The deal involves its Jafurah gas facilities.

TAQA H1 net income $1bn

The group's revenue reached $7.73 billion.

ADNOC L&S H1 net profit $420m

The company’s revenue reached $2.43bn

Jeddah Islamic Port ranks 37 on Lloyd’s list of 100

By TRENDS Desk
August 31, 2021 12:33 pm
  • The 2021 edition of Lloyd’s list of top 100 ports was recently published, measuring the annual container throughput volumes of global ports in 2020
  • Jeddah Islamic Port had reported a growth of 6.8 percent in 2020, with volumes increasing to 4.7 million TEUs (twenty-foot equivalent unit) from 4.3 million TEUs in 2019

Jeddah Islamic Port, the largest in Saudi Arabia, has ranked 37 on Lloyd’s list of top 100 global ports in the world.

The 2021 edition of Lloyd’s list was recently published, measuring the annual container throughput volumes of global ports in 2020. It includes three Saudi ports: King Abdullah Port at 84, King Abdul Aziz Port at 93, and Jeddah Islamic Port at 37.

Jeddah Islamic Port had reported a growth of 6.8 percent in 2020, with volumes increasing to 4.7 million TEUs (twenty-foot equivalent unit) from 4.3 million TEUs in 2019. This increase moved the facility up five places to rank 37 out of the world’s top 100 ports.

This improvement comes as a direct result of the largest build-operate-transfer container terminal agreement at Jeddah Port.

[adinserter block="5"]

Most Read

UAE’s working mothers get extended maternity leave

The Gulf country is setting a new benchmark for supporting working mothers by doubling the mandated maternity leave to 120 days, Kathryn Martin VFS Global tell TRENDS.

Getting vaccinated is ‘the most patriotic thing’ to do

The Fourth of July is a sacred day in our country. A day of history, of hope, remembrance and resolve with promise and possibilities. Before me stands monuments of the…

Saudi Arabia to generate $150 billion in investments from its new transport policy

The government would provide thirty-five percent of the investments The rest of it, sixty-five percent, will come from the private sector Saudi Arabia expects to generate $150 billion from investments…

GCC healthcare: Transforming the region and impacting the world

PwC forecasts that AI could contribute US$320 billion to Middle Eastern economies by 2030, with healthcare predicted to see some of the largest gains relative to its current size

New-Age Growth Comes Home to the GCC

The region, fueled by ambition and massive investment, is rapidly advancing in technology and infrastructure, aiming to secure a leading role in the 4IR.

[adinserter block="4"]