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...

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

DP World’s has announced ₤1 million investment to two Earthshot Prize Finalists, designed to scale their work in the UAE and Middle East. Revive our Oceans Earthshot Prize Winner Bahamas-based Coral Vita will receive ₤500k to develop a strategy for the deployment of large-scale reef restoration in the UAE, which...

All DP World regions delivered volume growth, especially India.

The gross container volumes rose by 9.4% year-on-year.

DP World and Government of the Democratic Republic of the Congo (DRC) Tuesday laid the first stone to mark the start of construction of the new Banana Port. The ceremony was attended by Félix-Antoine Tshisekedi, President of the DRC, and Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP...

President of Senegal Macky Sall on Tuesday laid the foundation stone for the construction of a port that will be built and operated by DP World at Ndayane, about 50-km from the existing port in the capital Dakar. The investment of more than $1.13 billion in two phases to develop...

The Port is likely to save time and cost for the country’s trade.

It will add warehouses in Ecuador and the Dominican Republic.

World number two Morikawa made five birdies in his last seven holes at Jumeirah Golf Estates' Earth course to close with a six-under-par fourth round and a winning total of 17-under-par 271.

DP World and the Indonesia Investment Authority (INA) have signed an agreement to form a consortium and working team to explore investments into the logistics infrastructure in Indonesia. The investments, which could reach $7.5 billion in the long run, would include inland terminals, cargo parks, feeder network systems, landside transport...

The gross volume growth was mainly driven by Asia Pacific, India, Australia, and the MENA region.

The platform is apparently aimed to address complexities and inefficiencies that exist in global supply chains.

DP World said the agreement with Al Masraf strengthens its commitment to facilitate business activities of more than 8700 clients operating under the free zone.

Africa offers significant potential for investment and economic partnerships that can create mutual benefits for UAE businesses and their African counterparts, said Sultan Bin Sulayem, CEO of DP World Group. Speaking at a session of the Global Business Forum Africa in Dubai, Bin Sulayem said that for trade links to...

DP World says the disruption of the global supply chain will not end any time soon because of the shortage of shipping containers, congestion at ports, and skyrocketing freight rates.

This is the latest in the several agreements the two companies have had over the years.

DP World will contribute its stakes in three existing ports and invest $1 billion over the next few years through an investment platform to be created in partnership with CDC Group (CDC), the UK's development finance institution and impact investor. The platform covers a long-term investment period. CDC is committing...

DP World will also work closely with Dubai Culture to extend various kinds of support to the creative and cultural sector.

Saudi Arabia is planning to invest US$36bn in logistics and aims to become a regional hub for the shipping sector, a position enjoyed by the UAE for many years.

Hyperloop, which is expected to transport passengers and freight at a speed of an airplane, could become a reality before 2030, not after several decades, said DP World CEO Sultan Ahmed bin Sulayem.

It is predicted that the Hyperloop technology will carry between 45 and 50 million passengers yearly in the Gulf Arab states using clean and renewable energy.

The latest project is aimed at increasing the company’s fabrication capacity.

DUBAI: The emirate of Dubai sees tourism and exhibition activity returning to normal, with EXPO 2020 around the corner, according to Sultan bin Sulayem, DP World Group Chairman & CEO. Sulayem said Dubai has largely managed to mitigate the economic repercussions from the spread of the pandemic and DP World...

Real time data coupled with effective supply chain technology came in handy for the industry after the aviation sector was grounded following the spread of COVID-19 globally.

DP World, the Dubai-based port operator, will invest $415 million in a new berth at its London Gateway logistics hub to increase supply chain resilience and create more capacity.

Two key Dubai firms — Dubai parks operator DXB Entertainments and Dubai ports operator DP World — have de-listed from the DFM and Nasdaq Dubai since the start of 2020.

Vladivostok and Murmansk identified as transshipment hubs.

This is part of its strategy to become a global trade enabler.

The new system will speed up the refund process as customers can now submit refund claims immediately after loading vessels’ departure It will also expedite the export of all kinds of goods Dubai Customs has joined hands with DP World, UAE Region, to scale up the export of cargo load...

DP World expects the deal to build supply chains especially in Africa Imperial Logistics has operations in 25 countries Dubai-based port operator DP World said on Thursday it has made an offer of $890 million to acquire all the outstanding shares of the Johannesburg Stock Exchange-listed Imperial Logistics, allowing it...

Deal expected to close in the second half of 2021  World says it continues to make progress on its capital recycling programs  Dubai Ports World has announced the acquisition of 100 percent of syncreon, a US-based supply chains provider, for an enterprise value of $1.2 billion. The deal is expected...

This follows completion of the first phase of the port expansion project, which DP World has undertaken with an outlay of $442 million Somaliland looks to take strategic advantage of the facility, which includes setting it up to act as the default port for neighboring landlocked country Ethiopia   Dubai-based...

MoU covers energy performance contracting projects, solar on-grid installations,  IT solutions Etihad Energy Services currently retrofitting buildings in DP World's Dubai Maritime City DP World (UAE Region) is planning to expand its ongoing energy collaboration with Dubai Electricity and Water Authority’s wholly-owned subsidiary Etihad Energy Services Company to renewable solar...

Abdulla Bin Damithan has been appointed as the new CEO for the UAE region and Jafza of Dubai-based supply-chain logistics provider DP World  He is taking over from Mohammed Al Muallem, who has been promoted to executive vice-president of the company  Abdulla Bin Damithan has been appointed the new CEO...