Earlier on Monday, shareholders approved a proposal to buy back a “limited number” of the company’s shares, according to a bourse filing.
The approval was granted at the firm’s annual shareholder meeting, according to a bourse filing.
Trade has been buoyed by increased ‘bellyhold’ aircraft capacity from Emirates, Qantas and Etihad Airways.
The terminal, in Prince Rupert, British Columbia, has a capacity of 850,000 twenty-foot equivalent unit (TEU).
The commission is hoping that the growing commercial links between the two countries will help restart a stalled FTA agreement.
P&O Ports has signed MOUs for preliminary discussions with the governments of Madagascar, the Republic of Somaliland and Albania to enhance their port infrastructure.
China was Dubai’s top trading partner last year, followed by India and the US, official figures show.
The decision came after Saudi Arabia blocked a speech by Swedish Foreign Minister Margot Wallstrom at a meeting of the Arab League in Cairo.
The GCC and the European Union have remained in a stalemate regarding the agreement for several years.
High fiscal reserves in the GCC act as a strong buffer from global food price fluctuations, an expert said.
Khalifa port handled 1.13 million TEUs (twenty-foot equivalent unit containers) in 2014.
Aramex CEO Hussein Hachem said that lower oil prices could translate into a 5 to 10 per cent drop in its 2015 operating costs.
Gross volumes totalled 60 million 20-foot equivalent units (TEU) in 2014, driven by new developments in Britain and Brazil.
Alderman Alan Yarrow will visit Abu Dhabi and Dubai during his trip next week, part of wider 12-day GCC visit.
The UAE, Oman and Saudi Arabia also ranked favourably in the Agility Index for their infrastructure and transport links.
China was Dubai’s top non-oil foreign trade partner, followed by India and the US, figures revealed.
Within a couple of years, UAE companies plan to grow and sell several hundred thousand tonnes of wheat to the Cairo government.
The purchase of EZW, currently owned by Port and Free Zone World, includes the assumption of net debt of $859 million.
Consolidated volumes, at terminals over which DP World has control, rose 8.8 per cent to 7.3 million TEU.
The moves were part of a gradual tightening of EU sanctions against the government of Syrian President Bashar al-Assad.
The distribution centre is also IKEA Group’s first direct investment in the region and is scheduled for completion in September 2015.
Prince Alwaleed said he was “impressed” by Narendra Modi’s speech when he was in the US.
The office adds to DCCI’s presence in the Ethiopian capital Addis Ababa.
The wheat is to be shipped in 10 consignments, with 310,000 tonnes for shipment to the port of Jeddah and 300,000 tonnes for the port of Dammam.
The security council said in a statement that oil trade provides financial support to such “terrorist groups”.
Foreign arms deals are giving way to genuine partnerships, and business deals and cooperation agreements with defense and technology companies in other countries.
Kazakhstan is introducing a 15-day visa-free regime for citizens from 10 countries.
The free zone registered 1,027 companies in the first six months of 2014.
Saudi Arabia has become a major importer of hard and soft wheat since abandoning plans for self-sufficiency in wheat in 2008.
Global ranking of peacefulness also places Bahrain significantly behind its GCC peers at 111 globally.