Revenue increased 13.2 per cent to $4.7bn
Djibouti last month terminated the concession of DP World to run the port
The two countries have set themselves a $90bn trade and investment target for the coming years
DP World accused Djibouti of illegal seizing the terminal last month
The company expects to break ground on the 12 sqkm project this year
The Dubai company is currently implementing a master plan at the port to add new facilities
DP World called the move an illegal seizure of the terminal
The two will discuss a potential ‘multi-modal’ logistics park and hub in Jammu
Dhiba stands at the northern end of the Red Sea
The firm will identify assets in the UAE and Saudi Arabia
Abu Dhabi produces 6 million tonnes of sulphur per year, and supplied Morocco with 2 million tonnes in 2016
Berbera Free Zone will be based on the same model behind DP World’s Jebel Ali Free Zone
Imports of thermally treated poultry products will be allowed from the European country
The three GCC states had banned certain imports from Egypt such as pepper, lettuce and onion, earlier this year
The announcement comes after DP World confirmed a deal with the Indonesian government to advise on port development in July
The Ecuadorian government awarded a 50-year concession to the company last year
The new park will be located in Dubai Wholesale City
The crossing was closed in the wake of Saddam Hussein’s 1990 invasion of Kuwait
DP World plans to establish an industrial and trade logistics district in the freezone
The company could raise at least $1bn from a listing
DP will share expertise and advise on efficiency savings
DP World said in April that it had ended its agreement to expand and develop the port
As technology continues to develop at pace, we examine the impact on logistics, and how the industry is moving into a new era
Trade between the EU and GCC amounted to EUR138bn in 2016
The investigation follows an anti-dumping law proposal from the UAE’s government advisory council in January
The project includes a 450m quay and 5 hectare back up area
The move come amidst concerns of an avian influenza outbreak
Trade between Britain and the GCC totals about $37.5bn annually
The ports operator held a meeting with Panama’s President to discuss potential projects in the country
The Dubai-controlled company’s chairman said he expects growth in Latin America, Asia and Africa