Oil fuels Arabian Gulf port expansion | The National:
"Arabian Gulf states are using their oil revenues to develop ports alongside free zones and industrial complexes as a way to create employment, drive trade and diversify income away from oil.
Big port projects are springing up to cater to increased trade between the east and the Gulf, which is becoming increasingly connected to areas such as west Africa. Gulf ports also service nearby countries such as Iraq.
“We expect that the volume to and from the region will continue to grow,” says Lars Nielsen, the managing director of UAE, Qatar, Oman and Iran for the shipper Maersk Line."
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