The adjusted EBITDA rose by 6.7% to $5.5bn in 2024.

The aim is to offer trade finance solutions to businesses in UAE.

The company's revenue grew 6.6 percent to $18.25 billion.

Dubai, UAE--Dubai Chambers has signed a memorandum of understanding (MoU) with DP World to enable the chambers to leverage DP World’s global network to establish and host international representative offices at the group’s facilities around the world.The partnership aligns with the goals of the Dubai Global initiative launched by Sheikh...

Over a decade after Elon Musk's hyperloop proposal, no commercial operations have begun, and Virgin Hyperloop shut down in 2023 despite significant investments, reveals TRENDS.

Over a decade after Elon Musk's hyperloop proposal, no commercial operations have begun, and Virgin Hyperloop shut down in 2023 despite significant investments, reveals TRENDS.

The agreements worth US$3bn were signed with Gujarat.

Dubai, UAE - Australian cricket star David Warner along with Indian top Indian cricketer Harbhajan Singh will lead the marketing campaign of the Season 2 of the DP World International League T20, the tournament’s broadcast partner ZEE Entertainment Enterprise has revealed. Warner is set to make his DP World ILT20 debut...

Dubai, UAE--DP World and the International Renewable Energy Agency (IRENA) have signed a cooperation agreement to accelerate the use of renewable energy and cut emissions from the ports and maritime logistics sector.Signed by IRENA Director-General Francesco La Camera and DP World Group Chairman and CEO Sultan Ahmed bin Sulayem, DP...

DP World will operate Dar Es Salaam Port in Tanzania.

It invested the money to be a big supply chain player.

The partnership aims at enhancing trade infrastructure.

New Delhi. India - DP World on Friday signed a concession agreement with the Deendayal Port Authority to develop, operate and maintain a new 2.19 million TEU per annum mega-container terminal at Kandla in Gujarat on India’s western coast.The project involves the construction of a mega-container terminal at Tuna-Tekra near...

The company's revenue grew 13.9 percent to $9.03 billion.

DUBAI -- DP World expects to add approximately 3 million Twenty-Foot Equivalent Units (TEUs) of new container handling capacity by the end of the year, adding much needed infrastructure and capacity to boost global supply chain resilience.The global trade enabler currently manages approximately 9 percent of the world’s handling capacity,...

They will more than double Indonesia's BNCT's capacity to 1.4m TEUs.

Dubai, UAE-- In order to fulfill demand for working capital in Africa, DP World has partnered with Standard Bank, the largest bank in Africa by assets, to offer trade finance solutions jointly with DP World Trade Finance.African companies looking for trade finance will now be able to seamlessly access working...

Dubai, UAE - DP World cut direct carbon emissions from its global operations by 5 percent last year, according to its latest Environmental Social and Governance (ESG) report, reflecting progress towards its 2040 carbon-neutral target.The ESG report, published Thursday, has been developed in accordance with the latest Global Reporting Initiative...

Speaking at a CII event in New Delhi, Abdulla Bin Damithan, CEO & Managing Director, DP World UAE & Jafza outlined efforts to push non-oil trade between the two countries toward $100 billion over the next five years. JAFZA has been supporting initiatives to boost manufacturing, investments and exports in...

Dubai, UAE - DP World Limited, a global container terminal operator based in Dubai, has reported an increase in container volumes during the first quarter of 2023. The company handled 19.5 million TEUs across its global portfolio, which is a 1.4 percent increase on a reported basis and a 3.7 percent...

Abu Dhabi, UAE - The UAE is among the largest international investors in Brazil, with an estimated US$5 billion in Emirati investments in South American country, with the presence of major Emirati companies such as Mubadala, the largest Emirati investor in Brazil, DP World, Emirates Airlines, First Abu Dhabi Bank,...

Despite global economic slowdown, the firm continues to expand its partnerships and investments, with key focus on Africa and UK. Last year, its investments totalled $320m.

The EBITDA increased by 31 percent to $5 billion.

Dubai, UAE -- DP World’s Jebel Ali Free Zone (Jafza) witnessed the highest customer registrations in a decade in 2022, marking a 30 percent year-on-year growth, and taking the total number of companies to over 9,500.During the past 10 years, Jafza has seen a 13-fold increase in logistics customers, while...

To establish connectivity in the Indian Ocean, the two countries need to look at various other aspects, such as setting up a shipping chamber, holding conferences, and appointing transportation attachés at their diplomatic missions to facilitate shipping ventures between Indian and Indonesian firms, he adds.

The SeaRates platform will enable Caspian Containers Company customers to monitor the status and movement details of a container at any point during its journey.

They will upgrade an FPSO vessel for the Rosebank field in the UK.

The boost is seen as key for its long-term growth plans.

They will collaborate on decarbonizing solutions, customer service.

Saudi Hassana will invest $2.4 bn in some of DP World's assets.

Brussels needs to find new energy suppliers and we recognize the important role of the UAE on that front, Belgian ambassador to the UAE Antoine Delcourt tells TRENDS

On a third-quarter basis, DP World handled 20.1 million TEU.

Dubai, UAE---Dubai Integrated Economic Zones Authority (DIEZ) will collaborate with DP World to support the Tumoohi Initiative, a training program designed to boost the careers of Emiratis by helping them develop skills needed for the highly competitive job market. By providing unique training programs and hands-on workplace experience at a...

Dubai, UAE--- DP World has launched the Global Business Corporation (GBC), a new strategic arm focused on supporting large companies in achieving their growth ambitions. The port operator said that GBC invites companies to enhance their international operating models with a base in the emirate and raises awareness about Dubai’s strengths...

The company overcomes the global economic headwinds.

Growth was supported by higher revenue from acquisitions.

The projects will strengthen F&B cluster in Jebel Ali.

NIIF Master Fund will invest $300m in DP World subsidiary HPPL.

Dubai Ruler Sheikh Mohammed bin Rashid Al Maktoum said the Expo site will be transformed into Expo City Dubai, which will be home to a new museum, an exhibition center and free of single-use plastic.

DP World's Southampton container terminal will now be run on vegetable oil instead of the usual diesel fuel to scale down carbon emissions.

Valued at AED21.4 billion, DP World UAE’s petrochemical hub accounts for 60 percent of Dubai’s total trade value in the sector.

In Chennai and Hyderabad, DP World is the only operator with a presence in three major Indian ports.

The new logistics park is scheduled to open in 2023.

Qingdao (China) and Sokhna (Egypt) among strong performers.

The Saudi Ports Authority (Mawani) on Sunday launched the Smart Ports initiative in a bid to enable Saudi ports apply modern technologies and boost their competitiveness. During the launch, Mawani signed three MoUs with STC, Ericsson and Huawei, the Saudi Global Ports Company (SGP), the Red Sea Gateway Terminal Company...

DP World-owned P&O Ferries on Thursday suspended its passenger and freight ships but denied the group was heading into bankruptcy. P&O Ferries operates four routes serving Britain, France, Ireland and the Netherlands. “P&O Ferries is not going into liquidation,” the company said in a statement. “We have asked all ships...

The adjusted EBITDA growth was 15.3 percent ($3.828 bn) and capital expenditure $1.393bn.

DP World of the UAE has posted a twenty six percent increase in revenue to $10.8 billion in 2021, despite problems in supply chain network.

The acquisition is expected to also add significant strategic value to DP World given Imperial’s footprint and strong market access and logistics solutions capability.

DP World’s purpose-built maritime hub, Dubai Maritime City (DMC), has launched an infrastructure project at a cost of AED140 million ($38 million). An official statement said the project is part of “ongoing efforts to boost Dubai’s economy and enhance the efficiency of the logistics sector”. The infrastructure project includes developing...