dp-world
Drewry Shipping Consultants Limited recently report that DP World has recently announced its intention to delist from Nasdaq Dubai citing the board’s decision that the disadvantages of remaining listed outweigh the advantages. Even though Drewry executives share the company’s view, they state that they believe the decision to delist will further deteriorate its already higher leverage. “Moving forward, a lot will depends on the company’s ability to generate significant ...
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An agreement has been struck by which DP World will run ports that Russia plans to build along the northern sea route (NSR) in the Arctic to shorten shipping times between the east and west.
The Russian Direct Investment Fund, an investment fund of the Russian Federation, which is making the ...
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Hindustan Infralog Private Limited (HIPL), a joint venture between DP World and the National Investment and Infrastructure Fund (NIIF), announced on July 18 that the transaction to acquire 90% stake in Continental Warehousing Corporation (Nhava Seva) Ltd in India has now closed.
CWCNSL’s founders, the Reddy family, will retain the ...
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Admiral Mohab Mamish, Chairman of the Suez Canal Authority and Chairman of the Suez Canal Economic Zone (SCZone), and Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World, signed a partnership agreement on November 7 to develop an integrated industrial and residential zone at Sokhna in Egypt, in the ...
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Sultan Ahmed Bin Sulayem, Group Chairman and CEO of global trade enabler DP World, recently unveiled plans to develop Saudi Arabia’s Jeddah port in support of the Saudi Vision 2030 recently launched by HRH Crown Prince Mohammed bin Salman bin Abdulaziz.
Mr. Bin Sulayem was speaking at the Future Investment Initiative ...
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CN joined its supply chain partners, the Port of Prince Rupert and DP World, in marking the 10th anniversary of the Fairview Container Terminal and celebrating the facility's expansion on August 29.
The city of Prince Rupert was built for Canadian trade and the container terminal unlocked so much of the port's untapped potential," said Luc Jobin, ...
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DP World announced on August 9 the establishment of a joint development company with the General Authority for the Suez Canal Economic Zone in Egypt. The new venture will develop projects in the Suez Canal Zone, reports the Dubai Media Office.
The announcement of the joint company came during Egyptian President Abdel-Fattah ...
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DP World announces that Qatar-flag vessels calling or departing from Qatar can no longer call at DP World terminals in the UAE until further notice. Major ports in Egypt, the UAE, Saudi Arabia and Bahrain also remain closed to some ships after those nations announced a transport ban on June ...
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DP World has announced the creation of an investment vehicle in partnership with Caisse de dépôt et placement du Québec (CDPQ), one of North America’s largest pension fund managers. The investment platform totals US$ 3.7 billion, with DP World holding a 55% share and CDPQ the remaining 45%.
The platform ...
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Standardizing trade processes and developing Vietnam’s infrastructure will attract more investment from global trade enablers like DP World, according to its Group Chairman and CEO Sultan Ahmed Bin Sulayem, who met with Vietnamese President Tran Dai Quang at the presidential palace in Hanoi recently.
During their meeting, Mr. Bin Sulayem ...
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