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‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

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TomTom cuts 300 jobs

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Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

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DP World, Maersk sign partnership

DP World Trade Finance has partnered with 23 financial institutions and generated over US$700 million in credit limit submissions.
  • Maersk will deploy two of its solutions for customers moving their cargo through Jebel Ali Port
  • In Jan 2022, DP World entered a strategic partnership with the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, a non-profit organization.

Dubai, UAE — DP World has teamed up with global shipping services provider A P Moller-Maersk (Maersk), to improve operational efficiencies, enhance customer service and collaborate on decarbonizing.

The long-term strategic partnership will provide support for Maersk’s customers and implement new processes to improve quayside productivity, all leading to faster gate turnaround times at Jebel Ali Port and reduced bunker fuel consumption, DP World said.

Maersk will deploy two of its solutions for customers moving their cargo through Jebel Ali — Maersk Accelerate, a fast-tracking service through priority cargo handling, and Maersk Flex Hub, a cargo storage solution.

In January 2022, DP World entered a strategic partnership with the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, an independent, not-for-profit organization launched in 2020 to undertake intensive research and development to find practical ways to decarbonize the global maritime trade industry.

Jebel Ali Port port’s location enables it to serve the East-West trade corridor connecting to 150 cities globally.