#DP World
The new head office provides a platform for clients and partners to engage with the port operator’s entire portfolio
DP World has committed to becoming carbon neutral by 2040 and net zero carbon by 2050
The route is made viable by the melting of Arctic sea ice due to climate change
DP World will initially invest more than $250m to upgrade the port and the investment could increase to $1bn during the concession period
The proceeds from the sukuk issuance will be used to fund eligible green projects in line with the company’s recently published sustainable finance framework
The state-owned firm has undertaken substantial investments spanning multiple countries across the globe
The partnership will aim to enhance supply chain solutions in Turkey
DP World currently operates five container terminals in India – two in Mumbai, one each in Mundra, Cochin and Chennai
The firm’s market capitalisation exceeds Dhs1bn ($272m) and it has close to $5bn in assets under management
Neweast’s strategic hub in Jafza will support order fulfillment and delivery in the region for more than 160 premium aftermarket brands
A total of 22 diesel-fuelled rubber tyred gantry container handling cranes units will be electrified by the end of next year, with an investment over $16.2m
With access to Dar es Salaam, DP World will expand its reach on the east African coast
The partnership will help in closing the gap in unmet demand for working capital on the continent
The new installation will speed up clearance operations for heavy and light vehicles, equipment, and yachts at the Jebel Ali and TECOM Customs Centre
The service takes approximately 36 hours to travel between Jebel Ali Port in the UAE and Umm Qasr Port in southern Iraq
The initial phase of the terminal is fully leased to Mzahim Investment, a subsidiary of Essa Al Ghurair Investments of the UAE
The company’s investments in 2022 totalled $320m despite slowing demand for logistics services due to the global economic challenges
The logistics firm said the broadening of strategic partnerships and monetisations of its assets in 2022 strengthened its balance sheet
Domestic deals represented 34 per cent of the total M&A value at $28.4bn while outbound deals led in value at $40.1bn
The partnership will provide cargo owners with easy booking and shipment tracking via DP World’s SeaRates platform
The partnership will support the F1 team to drive enhanced efficiency, reimagining the team’s supply chain to make it faster and more sustainable
Jebel Ali handled 14 million TEU (twenty-foot equivalent units) in 2022, up 1.7 per cent year-on-year
Maersk will deploy two of its solutions for customers moving their cargo through Jebel Ali
Hassana will hold its economic interest in a stake of approximately 10.2 per cent in three UAE assets of DP World
The agreements seek to drive adoption of advanced robotics and automation technologies in key economic sectors
According to the survey, the other challenges that freight forwarders are currently experiencing include rising and unpredictable freight rates
It includes a formal framework for both entities to provide SMEs with access to trade financing
DP World’s plans include replacing its global fleet of assets from diesel to electric, investing in renewable power and exploring alternative fuels
The Lin-Gang Special Area offers some of the most innovative and forward-looking business policies for both Chinese and international companies beyond normal free zones offerings
Dubai-based Aviv Clinics is being recognised for its revolutionary programme, which enhances brain regeneration and physical health, using an integrated approach and hyperbaric oxygen therapy