Too Many Ports, Not Enough Trade in the Middle East - Middle East Real Time - WSJ:
"Capacity at seaports and airports in the Middle East is growing faster than regional trade, potentially jeopardizing the viability of billions of dollars worth of new investment in transportation infrastructure.
Government-led investment in regional logistics and transport has taken off in the past decade, driven by energy-rich Gulf Arab countries trying to carve out a niche as trading posts between Africa and Asia.
Dubai, a city on the southern edge of the Gulf, has been a regional hub for a long time – its Jebel Ali port accounts for about half the region’s seaport capacity – but many of its neighbors are now trying to use their wealth to copy its success."
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