Gulf of Oman

Umbrella Beach Project to Put UAE’s Fujairah on Global Tourism Map

Retrieved on: 
Monday, July 26, 2021

Umbrella Beach, an ambitious tourism project now underway on the eastern coast of the UAE, appears set to put the Emirate of Fujairah on the international tourism map.

Key Points: 
  • Umbrella Beach, an ambitious tourism project now underway on the eastern coast of the UAE, appears set to put the Emirate of Fujairah on the international tourism map.
  • View the full release here: https://www.businesswire.com/news/home/20210725005023/en/
    Umbrella Beach Project to Put UAEs Fujairah on Global Tourism Map (Photo: Business Wire)
    As one of the UAEs smaller emirates, Fujairah is frequently overlooked by tourists and visitors to the country, project manager Abdullah Taleb says.
  • The Umbrella Beach project plans to rectify this by drawing attention to Fujairahs vast tourism potential, including its striking modernity, impressive work ethic, and breathtaking natural beauty.
  • Located on the Fujairah corniche, Umbrella Beach will afford visitors access to the areas pristine beaches on the scenic Gulf of Oman.

‘Buns’ Burger Chain Set to Transform UAE’s Fast-Food Landscape

Retrieved on: 
Tuesday, July 6, 2021

After making a successful debut as a pop-up location earlier this year, Buns, a Fujairah-based burger chain, plans to open its first permanent branch later in 2021.

Key Points: 
  • After making a successful debut as a pop-up location earlier this year, Buns, a Fujairah-based burger chain, plans to open its first permanent branch later in 2021.
  • View the full release here: https://www.businesswire.com/news/home/20210705005180/en/
    Buns Burger Chain Set to Transform UAEs Fast-Food Landscape (Photo: Business Wire)
    Our vision is simple: we want to provide residents and visitors to Fujairah with delicious and healthy burgers made from only the finest, freshest ingredients, Abdullah Taleb, Buns General Manager, says.
  • Local residents got their first taste of Buns burgers in February at a pop-up location set up outside the historic Fujairah Fort.
  • While Buns is currently focused on the Fujairah market, project managers hope to expand the burger chains reach throughout the UAE and, eventually, beyond.

Rumailah Farm Coffee Shop Opens 2nd Location in UAE’s Fujairah

Retrieved on: 
Thursday, July 1, 2021

Fujairahs Rumailah Farm Coffee Shop has officially launched a second location in the city of Dibba, where, along with coffee, it will offer customers its unique range of farm-fresh dairy products.

Key Points: 
  • Fujairahs Rumailah Farm Coffee Shop has officially launched a second location in the city of Dibba, where, along with coffee, it will offer customers its unique range of farm-fresh dairy products.
  • View the full release here: https://www.businesswire.com/news/home/20210630005587/en/
    Rumailah Farm Coffee Shop Opens 2nd Location in UAEs Fujairah (Photo: Business Wire)
    Following the successful launch last year of our flagship branch in Fujairah City, we are pleased to announce the opening of our new location in Dibba, Abdullah Taleb, General Manager of Rumailah Farm , says.
  • According to Taleb, Rumailah Farm uses only the very best ingredients in its products, which, he points out, contain virtually no additives or preservatives.
  • Meanwhile, Rumailah Farm is providing its various dairy products to dozens of restaurants, cafes and hotels across the country.

Highlights - Public Hearing on collective security in the GULF - 27 May 2021 - Subcommittee on Security and Defence

Retrieved on: 
Thursday, May 27, 2021

On 27 May 2021, the Committee on Foreign Affairs and the Subcommittee on Security and Defence will hold an online hearing "Collective security in the GULF".

Key Points: 
  • On 27 May 2021, the Committee on Foreign Affairs and the Subcommittee on Security and Defence will hold an online hearing "Collective security in the GULF".
  • The recent tensions in the Middle East, as well as frequent attacks on oil facilities in Saudi Arabia or series of oil tankers detentions in the Strait of Hormuz, have contributed to a worsening of security situation in the region.
  • While de-escalation is key, the states of the Gulf Cooperation Council have significant influence on the stability of the region, where 20% of the global oil supply flows transit.
  • The hearing will aim at evaluating the security situation in the Gulf region while analysing the possibility of setting up a regional security mechanism.

Highlights - Public Hearing on collective security in the GULF - Committee on Foreign Affairs

Retrieved on: 
Tuesday, May 25, 2021

On 27 May, the Committee on Foreign Affairs and the Subcommittee on Security and Defence will hold an online hearing "Collective security in the GULF".

Key Points: 
  • On 27 May, the Committee on Foreign Affairs and the Subcommittee on Security and Defence will hold an online hearing "Collective security in the GULF".
  • The recent tensions in the Middle East, as well as frequent attacks on oil facilities in Saudi Arabia or series of oil tankers detentions in the Strait of Hormuz, have contributed to a worsening of security situation in the region.
  • While de-escalation is key, the states of the Gulf Cooperation Council have significant influence on the stability of the region, where 20% of the global oil supply flows transit.
  • The hearing will aim at evaluating the security situation in the Gulf region while analysing the possibilty of setting up a regional security mechanism.

Fujairah Partners with S&P Global Platts to Publish Monthly Bunker Sales Data

Retrieved on: 
Tuesday, March 23, 2021

FUJAIRAH, United Arab Emirates, March 23, 2021 /PRNewswire/ -- Fujairah, which hosts the Middle East's largest commercial storage capacity for refined oil products, has strengthened its longstanding relationship with S&P Global Platts to jointly publish monthly sales of bunker fuels and lubricants.

Key Points: 
  • FUJAIRAH, United Arab Emirates, March 23, 2021 /PRNewswire/ -- Fujairah, which hosts the Middle East's largest commercial storage capacity for refined oil products, has strengthened its longstanding relationship with S&P Global Platts to jointly publish monthly sales of bunker fuels and lubricants.
  • The Port of Fujairah and S&P Global Platts will makethe monthly volume of bunker sales during the previous month, freely available to the market on the 20th of each month, with history commencing from the start of 2021 at: fujairah.platts.com .
  • The new data will complement the weekly oil products inventory data on light distillates, middle distillates and heavy distillates & residues that FOIZ - acting through Fujairah Energy Data Committee (FEDCom) - and S&P Global Platts have jointly published since the start of 2017.
  • "We are pleased to have extended our successful partnership with Fujairah to ensure that the Fujairah Oil Industry Zone data continues to gain traction among global audiences interested in understanding the flows of bunker fuel in the region.

Brooge Energy Subsidiary, BPGIC, Wins International Award for Best Terminals of the Year in the Middle East for the Year 2021

Retrieved on: 
Thursday, March 11, 2021

The selection of BPGIC was based on the nominations that reached the Forum from international organizations, and the strong performance of the Company during the last year.

Key Points: 
  • The selection of BPGIC was based on the nominations that reached the Forum from international organizations, and the strong performance of the Company during the last year.
  • BPGIC is proceeding with its Phase II project to expand its capacity in Fujairah, one of the largest oil storage locations in the world.
  • We are proud to have won this award for the best terminals of the year in the Middle East for the third year running, which is a testament to our strong performance over the past year.
  • Readers are referred to the most recent reports filed with or furnished to the SEC by Brooge Energy.

Brooge Energy Reports Revenue of $23 million for the Six Months Ending June 30, 2020

Retrieved on: 
Monday, November 30, 2020

Request the Brooge Energy Call or Conference ID: 13713748

Key Points: 
  • Request the Brooge Energy Call or Conference ID: 13713748
    A dial-in replay of the call will also be available, to those interested, until December 7, 2020.
  • Brooge Energy conducts all of its business and operations through its wholly-owned subsidiaries, Brooge Petroleum and Gas Investment Company FZE (BPGIC) and Brooge Petroleum and Gas Investment Company Phase III FZE (BPGIC III), Fujairah Free Zone Entities.
  • Brooge Energy is a midstream oil storage and service provider strategically located outside the Strait of Hormuz adjacent to the Port of Fujairah in the United Arab Emirates.
  • Readers are referred to the most recent reports filed with or furnished to the SEC by Brooge Energy.

Brooge Energy Ltd Commences Preconstruction Work on Phase III Oil Storage Facility

Retrieved on: 
Thursday, October 22, 2020

These are major milestones that pave the way for construction to start on the Phase III oil storage facility in Fujairah, UAE, which is expected to be operational in late 2022.

Key Points: 
  • These are major milestones that pave the way for construction to start on the Phase III oil storage facility in Fujairah, UAE, which is expected to be operational in late 2022.
  • Upon completion, this would make Brooge Energy the largest oil storage provider in the Port of Fujairah, UAE, which is one of the largest global oil export hubs.
  • Brooge Energy will construct and operate its planned Phase III facility through its newly formed and wholly-owned subsidiary, Brooge Petroleum and Gas Investment Company Phase III FZE (BPGIC III).
  • Nicolaas L. Paardenkooper, CEO of Brooge Energy, said, We are very pleased to have started preconstruction work on our Phase III facility, which is a key next step in our strategy to increase our storage capacity, accelerate revenue growth and further entrench our position as a leading oil storage provider in the Port of Fujairah.

Brooge Energy LTD Commences Hydrotesting for Phase II Storage Facility Expansion

Retrieved on: 
Thursday, August 6, 2020

With the commencement of all the necessary hydrotests, the development of the Phase II facility has now entered into some of the testing stages required of the construction process.

Key Points: 
  • With the commencement of all the necessary hydrotests, the development of the Phase II facility has now entered into some of the testing stages required of the construction process.
  • Nicolaas L. Paardenkooper, CEO of Brooge Energy and BPGIC, said, We are nearing an advanced and important leg of the construction of our Phase II oil storage facility and are very pleased to reach this milestone, notwithstanding the current challenges due to ongoing restrictions.
  • Once completed, we believe this facility will make us the second largest non-captive storage provider in Fujairah.
  • Brooge Energy, formerly known as Brooge Holdings, conducts all of its business and operations through its wholly-owned subsidiary Brooge Petroleum and Gas Investment Company FZE (BPGIC), a Fujairah Free Zone Entity.