Search Site

Trends banner

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

TSMC Q2 profit up 60%

TSMC is the world's largest contract maker of chips.

ADNOC shifts OMV stake to XRG

XRG is ADNOC's wholly-owned international investment company.

SIB H1 net profit $189m

The bank's total assets increased by $1.49 billion.

TSMC’s H1 revenue up 40 percent

Robust demand for AI technology behind the surge.

DP World adds LatAm infra

Q3 2022 volume growth was driven by Asia Pacific, Middle East and Africa, and Australia.
  • DP World and Emergent LatAm will develop two temperature-controlled logistics facilities in Latin America
  • These developments will provide Emergent LatAm and DP World customers with a supply-chain solution

Global logistics company DP World and Latin American temperature-controlled warehousing and logistics provider Emergent Cold Latin America (Emergent LatAm) are partnering up to develop two temperature-controlled logistics facilities within DP World Logistics Parks in Latin America, according to official sources.

These developments will provide Emergent Cold LatAm and DP World customers with a fully integrated supply-chain solution, said the official sources.

The parties are also said to have committed to explore development activities in other DP World locations in Latin America to enhance their service offerings and further establish a cold-chain footprint.

The developments will reportedly be on two locations: DP World Caucedo in the Dominican Republic, and the Duran Logistics Center in Ecuador.

DP World Caucedo is a logistics hub and free trade zone located in Punta Caucedo, near the city of Santo Domingo.

Caucedo is said to be the newest modern port on the island, and a gateway for the Caribbean food trade.

Duran Logistics Center in Ecuador began operations in September 2020 as part of a large investment in this global trade market.

Ecuador’s main export commodities include shrimp and bananas.