Results for
DP World
25 Results-
Finance constraints lifted for DP World’s $1.1 bln port in Senegal: President
Senegal’s President Macky Sall said on Thursday that financing is in place to enable construction to begin in earnest on a $1.13 billion deep-water ... World News -
Saudi Arabia invests $2.4 billion in key Dubai port developments
Saudi Arabia is buying stakes in three flagship DP World developments in the United Arab Emirates for $2.4 billion, in the latest sign that increasing ... Saudi Arabia -
Dubai’s DP World to manage Uzbekistan’s Navoi free economic zone
Dubai-owned ports giant DP World will manage a logistics-focused free economic zone in Uzbekistan’s southeastern Navoi province, Uzbek President ... Aviation & Transport -
Dubai’s DP World to invest around $500 mln to reduce CO2 emissions
Dubai-owned ports giant DP World intends to invest around $500 million to reduce carbon dioxide emissions in its operations by 700,000 tons over the ... Gulf -
DP World cautions outlook uncertain after record $721 mln first-half profit
Dubai-owned ports giant DP World reported on Thursday a record $721 million first-half profit boosted by elevated shipping rates but said it expected ... Economy -
DP World, Saudi Ports Authority sign agreement to build Jeddah Logistics Park
In a move aimed at boosting regional development and sharing experience, DP World and the Saudi Ports Authority (Mawani) signed a 30-year agreement on ... Economy -
DP World to operate logistics park at Saudi Arabia’s Jeddah Port
DP World is to operate a logistics park at the Saudi Arabian port of Jeddah, according to the Kingdom’s port authority which on Monday invited media ... Business -
Dubai’s DP World sells stake in Jebel Ali Port to Canadian fund
International port operator DP World said on Monday it sold a stake in its home base, the Jebel Ali Port, and other flagship assets to one of Canada’s ... Business -
Saudi Ports Authority to digitally transform Kingdom’s ports with 5G technology
The Saudi Ports Authority (Mawani) has signed three memoranda of understanding with telecom operators and vendors, aiming to deploy 5G technology in ... Technology -
UK-registered P&O Ferries sacks 800 staff
UK-registered P&O Ferries made 800 staff redundant with immediate effect and suspended all crossings on Thursday, saying the business in its current ... Economy -
Dubai’s DP World pulls out of Haifa port privatization bid
Dubai’s DP World has pulled out of a joint bid with an Israeli company to privatize Israel’s Haifa port, Israel’s privatization body said.Israel is ... Economy -
Dubai’s DP World says long time until shipping supply chain disruptions end
There is no end in sight to the shortage of shipping containers, port congestion and sky rocketing freight rates that have rattled global trade, the ... Economy -
Dubai’s DP World, UK’s CDC Group to jointly invest $1.6 bln in Africa
Dubai ports giant DP World and Britain's development finance agency CDC Group on Tuesday said they planned to jointly invest up to $1.72 billion in ... Economy -
Dubai’s port giant DP World sees no quick end to global shipping bottlenecks
Dubai ports giant DP World sees no early end to global shipping disruptions that have pushed up freight rates and caused congestion at ports, its ... World News -
Rosatom, DP World to join efforts on container shipments through the Arctic
Russian state nuclear energy firm Rosatom and Dubai logistics firm DP World agreed on Friday to join efforts in developing pilot container shipping ... Economy -
DP World chief optimistic for 2021 amid pent-up demand for cargo
Ports operator DP World gave an optimistic outlook for 2021 on Thursday, citing pent-up demand for cargo and an easing of geopolitical tensions after ... Economy -
UNICEF chief Fore sees coronavirus vaccine demand easing in 2021 second half
The UN Children’s Fund, the largest single buyer of vaccines in the world, expects a “crush” of demand for COVID-19 vaccines in the first year, with ... Coronavirus -
UNICEF ties up with Dubai’s DP World to help distribute coronavirus vaccines
The United Nations children’s agency UNICEF signed a partnership deal with DP World on Wednesday for the Dubai-based logistics firm to help distribute ... Coronavirus -
DP World to build new deep-water port in Senegal costing over $1 bln
Global port operator DP World has signed agreements with the government of Senegal to develop a deep-water port at Ndayane worth a total of $1.127 ... Economy -
First passengers travel in Hyperloop pod in Las Vegas testing
The first passengers successfully traveled in a Hyperloop pod during a testing in Las Vegas, Nevada, the United Arab Emirates’ official WAM news ... Technology -
DP World chairman says company set for ‘relatively stable financial performance’
International port operator DP World is on track to report a “relatively stable financial performance” this year after the recording a 3.1 percent ... Economy -
UAE’s Jebel Ali Free Zone signs MoU with Israeli chambers of commerce
The United Arab Emirates’ Jebel Ali Free Zone has signed a memorandum of understanding with the Federation of Israeli Chambers of Commerce (FICC), ... Economy -
Dubai’s DP World to bid for Haifa Port in partnership with Israeli firm
Dubai’s DP World said on Wednesday it is partnering with an Israeli group to bid for one of Israel’s two main ports and possibly open a direct ... Economy -
DP World, Canada pension fund to invest $4.5 billion in global ports, terminals
International port operator DP World reached a deal on Thursday with one of Canada’s biggest pension-fund managers to pour an additional $4.5 billion ... Economy -
Port operator DP World sells $1.5 bln in perpetual sukuk
Port operator DP World sold $1.5 billion in perpetual sukuk at 6.125 percent, a document showed on Wednesday, which it will use for general corporate ... Economy
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