Abu Dhabi Ports signed an agreement with Saudi Arabia-based Arabian Chemical Terminals to develop a greenfield commercial bulk liquids storage terminal at Khalifa Port.
The storage terminal will be the first to handle liquid products and gas at the deepwater port.
"The project will benefit existing customers and attract new customers in the region seeking liquid bulk storage," the company said in a statement.
The project will be located between Abu Dhabi and the emirate's western region of Ruwais and will allow "multi-modal connectivity with access to the sea" as well as to the UAE's road infrastructure and planned GCC railways network, said Rakan Alireza, managing director of Arabian Chemical Terminals.
The bulk liquid terminal will be developed on a 50,000 square metre plot of land adjacent to a 16 metre deepwater quay access. The development will have the option to use an additional 150,000 square metres of land.
The project will be completed in two phases, with the first stage - comprising 44 storage tanks set for completion in the second half of 2022. The storage tanks will have capacities of 1,250 and 3,000 tonnes each.
The second phase of expansion at the terminal will comprise a larger number of industrial storage tanks and spheres, Abu Dhabi Ports said.
The facilities will handle a number of liquid bulk products and would offer customers the opportunity to reduce the costs of outsourcing their liquid and gas expenditure, the company added.
“Providing technology-rich, end-to-end logistics solutions for customers of all sizes and industries is at the core of Abu Dhabi Ports’ diversification strategy," said Abu Dhabi Ports chief executive Captain Mohamed Juma Al Shamisi.
Abu Dhabi Ports last month announced plans to develop a Dh100 million cruise jetty at the Sir Bani Yas cruise beach to add more capacity to handle cruise passengers.
The scheme, set for completion by the fourth quarter of 2020, will accommodate two vessels and provide 5,000 passengers with direct access to embark and disembark "at an accelerated rate" from the southeast of the Sir Bani Yas Island, the company said.
Abu Dhabi Ports operates the Zayed and Khalifa Ports as well as the associated Kizad free zone. The company plans to invest Dh3.8 billion by 2021 to boost capacity at the Khalifa Port.
Types of bank fraud
1) Phishing
Fraudsters send an unsolicited email that appears to be from a financial institution or online retailer. The hoax email requests that you provide sensitive information, often by clicking on to a link leading to a fake website.
2) Smishing
The SMS equivalent of phishing. Fraudsters falsify the telephone number through “text spoofing,” so that it appears to be a genuine text from the bank.
3) Vishing
The telephone equivalent of phishing and smishing. Fraudsters may pose as bank staff, police or government officials. They may persuade the consumer to transfer money or divulge personal information.
4) SIM swap
Fraudsters duplicate the SIM of your mobile number without your knowledge or authorisation, allowing them to conduct financial transactions with your bank.
5) Identity theft
Someone illegally obtains your confidential information, through various ways, such as theft of your wallet, bank and utility bill statements, computer intrusion and social networks.
6) Prize scams
Fraudsters claiming to be authorised representatives from well-known organisations (such as Etisalat, du, Dubai Shopping Festival, Expo2020, Lulu Hypermarket etc) contact victims to tell them they have won a cash prize and request them to share confidential banking details to transfer the prize money.
The biog:
From: Wimbledon, London, UK
Education: Medical doctor
Hobbies: Travelling, meeting new people and cultures
Favourite animals: All of them
Small Victories: The True Story of Faith No More by Adrian Harte
Jawbone Press
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
Dubai Bling season three
Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed
Rating: 1/5
Copa del Rey
Barcelona v Real Madrid
Semi-final, first leg
Wednesday (midnight UAE)
Quick facts on cancer
- Cancer is the second-leading cause of death worldwide, after cardiovascular diseases
- About one in five men and one in six women will develop cancer in their lifetime
- By 2040, global cancer cases are on track to reach 30 million
- 70 per cent of cancer deaths occur in low and middle-income countries
- This rate is expected to increase to 75 per cent by 2030
- At least one third of common cancers are preventable
- Genetic mutations play a role in 5 per cent to 10 per cent of cancers
- Up to 3.7 million lives could be saved annually by implementing the right health
strategies
- The total annual economic cost of cancer is $1.16 trillion
