BahriBunge Dry Bulk office inaugurated in Dubai

The company’s new logo was unveiled at a ceremony hosted by Abdulrahman M. Al-Mofadhi, chairman of Bahri, at Burj Al-Arab, Dubai.
Updated 12 October 2017
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BahriBunge Dry Bulk office inaugurated in Dubai

Bahri, a global leader in transportation and logistics, and Koninklijke Bunge B.V. (Bunge), a wholly owned subsidiary of Bunge Limited, a global agribusiness and food company, recently inaugurated the offices of BahriBunge Dry Bulk Ltd. in Dubai, UAE.
The inauguration followed the announcement of a joint venture agreement between the two companies.
The company’s new logo was unveiled at a ceremony hosted by Abdulrahman M. Al-Mofadhi, chairman of Bahri, at Burj Al-Arab, Dubai. The event was attended by several Bahri board members, top industry executives, representatives from Bunge, heads of Bahri’s business units, and a number of officials representing major multinational companies.
BahriBunge Dry Bulk Ltd. and the vessels chartered under its domain will provide exclusive freight transportation services to international customers, with a key focus on mobility of freight in the Middle East. As part of the agreement, Bahri Dry Bulk will own 60 percent of the shares in the venture and Bunge will own the remaining 40 percent.
The joint venture, which is financed pro rata by Bahri Dry Bulk and Bunge, will charter and commercially operate Supramax and/or Panamax initially from the fleet currently owned or managed by Bahri Dry Bulk, and subsequently from third parties. The new company plans to ship over five million metric tons of dry bulk commodities in its first year of operation.
Bahri Chairman Al-Mofadhi said: “The launch of BahriBunge Dry Bulk joint venture marks an important milestone for our company. Bahri’s invaluable insights of the Middle East markets along with Bunge’s dynamics of the freight industry globally will help BahriBunge Dry Bulk Ltd. emerge as a reliable and robust carrier especially for the trade of grains and other agricultural commodities. I am confident that this new joint venture is formed in the right direction to achieve Saudi Vision 2030 and strengthen our commitment toward harnessing existing relations and forging new ones.”
Nezar Banabeela, chairman of BahriBunge Dry Bulk Ltd., said: “I congratulate both Bahri Dry Bulk and Bunge offices on this strategic alliance. Launching BahriBunge Dry Bulk Ltd. and adding state-of-the-art vessels to the existing fleet will go a long way in streamlining the flow of dry bulk in the region and also contribute tremendously in executing trade in a seamless and efficient manner.”


A summer to remember with Jumeirah

Updated 17 July 2018
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A summer to remember with Jumeirah

Jumeirah Hotels has created a list of 90 different ways one can have fun over the summer months with friends and family at its hotels. From the beach, to the city, to the creek — or even a drive or plane journey away, there is something for everybody.
With six different categories to dip into, guests can enjoy a whole host of day or nighttime activities, as well as staycations or long-term stays within the family, dining, shopping, exploring, recharge and indulge categories — all available for guests to scroll through on www.jumeirah.com/90ways

Staycations at Jumeirah city hotels
l Jumeirah Emirates Towers and Jumeirah Creekside Hotel are offering a UAE Residents’ rate from 315 dirham ($85). The perfect destinations to explore the Museum of the Future site, Downtown Dubai, Burj Khalifa, Bur Dubai and Deira.
l Zabeel House Al-Seef and Zabeel House MINI hotels are perfect for those looking for heritage and culture. Venture into the new area surrounding the Creek and the friendly team will lend you a bike to explore the eclectic neighborhood.

Food
l Foodies can tackle the huge variety of different meat cuts with a masterclass hosted by the Master Butcher at The Rib Room, Jumeirah Emirates Towers complete with a three course lunch for just 325 dirham per person.
l Experience dining re-imagined with a five-course menu to be enjoyed from the heights of Jumeirah Emirates Towers’ famed glass elevators with panoramic views.
l Learn to cook the perfect Spanish paella at Al-Hambra, Jumeirah Al-Qasr for 180 dirham per person.
l Kids eat for free at any of the Madinat Jumeirah all day-dining outlets of Hanaaya, Arboretum or The Palmery.

Day and nighttime fun

l Surprise a loved one by creating a personalized fragrance for 40 dirham at Souk Madinat Jumeirah, or host a party at Sinbad Kids Club at Jumeirah Zabeel Saray for 100 dirham per child.
l While the little ones enjoy that, the adults can enjoy beach and pool access, and the choice of either lunch or dinner at Lalezar followed by the legendary Turkish Hammam in Jumeirah Zabeel Saray.
l Burj Al-Arab Jumeirah invites guests to breeze through a hot summer day from a cooled pool cabana at The Terrace, sipping on unlimited signature mocktails, followed by a refreshing cold seafood platter from Scape Restaurant and Lounge. Or enjoy a romantic Moonlight Swim complete with your own pool adorned with rose petals and massage from 7,321 dirham per couple.