Dubai to host premier networking forum

Middle East Money & Ships, the premier networking forum for key players in the finance and shipping industries will take place from 4-5 November at Mina a’Salam, Madinat Jumeirah, Dubai.

This forum will be assessing the impact of multi-billion dollar investment in the region’s refineries. According to analysis of project data carried out by Dubai-based research company Proleads, the six GCC countries are investing vast sums in new refinery projects to meet rising demand and tighter specifications for products. These projects are valued at more than $122 billion, $80 billion of which are in Saudi Arabia and due for completion before 2013. Once completed, these GCC projects alone will have total capacity to produce the equivalent of six million barrels a day of petrochemicals said Chris Hayman, Chairman and Managing Director of Seatrade, organizer of Middle East Money & Ships. The forum has the support of high profile maritime businesses in the region and beyond. The conference is endorsed and supported by DP World and the UAE Ship Owners Association.

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