Search Site

Trends banner

Emirates Islamic Q1 profit $394m

The bank's profit crossed AED 1bn mark for the first time.

Boeing to sell some assets to Thoma Bravo

The $10.55 bn sale includes portions of digital aviation solutions business.

TSMC first-quarter net profit soars

Its net revenue for the quarter soared nearly 42%.

Tesla’s first Saudi showroom opens

The opening in Riyadh comes with Tesla sales dropping.

Mubadala Energy enters US energy market

Acquires a 24.1% interest in US firm Kimmeridge’s SoTex

DIMC, P&O Marinas ink deal to promote marine sports in Dubai

The agreement was signed by DIMC Chairman Ahmad Saeed Bin Meshar, and P&O Marinas CEO Hamza Mustafa. Emirates News Agency
  • DIMC is the government entity responsible for organizing marine sports activity in the emirate
  • Dubai-based marina operator and yacht destination P&O Marinas is a subsidiary of DP World

The Dubai International Marine Club (DIMC) has signed a joint agreement with P&O Marinas, the emirate-based marina operator and yacht destination, to strengthen the partnership between the two institutions, official sources have said.

DIMC is the government entity responsible for organizing marine sports activity in the emirate, and P&O Marinas is a subsidiary of DP World.

The deal they signed is expected to support the development in various activities and events in the field of marine sports in the emirate.

The agreement was signed by DIMC Chairman Ahmad Saeed Bin Meshar, and P&O Marinas CEO Hamza Mustafa.

The singing took place in a ceremony at the P&O Marinas’ headquarters at Hamdan Bin Mohammed Cruise Terminal, said the official sources.