#DP World

Agri terminals facility groundbreaking ‌ in dubai by DP World

Dubai breaks ground on mega $150m Agri Terminals facility

Agri Terminals will be Dubai’s largest multi-tenant facility for integrated agricultural processing and silo storage

DP World signs 3bn MoUs with India’s Gujarat state government

This Indian state has signed MoUs worth $3bn with DP World

The MOUs cover the development of new ports, terminals, and economic zones in the Indian state

DP World to move headquarters to Expo City Dubai

DP World to relocate global head office to Expo City Dubai

The new head office provides a platform for clients and partners to engage with the port operator’s entire portfolio

DP World, IRENA sign agreement to decarbonise ports and maritime and logistics sector Image WAM

Dubai’s DP World, IRENA to decarbonise ports, maritime, logistics sectors

DP World has committed to becoming carbon neutral by 2040 and net zero carbon by 2050

Red Sea shipping

Russia strikes deal with Dubai’s DP World to develop Arctic sea route

The route is made viable by the melting of Arctic sea ice due to climate change

DP World has signed a 30-year concession agreement with the Tanzania Ports Authority (TPA) to operate and modernise the multi-purpose Dar es Salaam Port Image WAM

DP World signs 30-year concession to operate multi-purpose Dar Es Salaam Port

DP World will initially invest more than $250m to upgrade the port and the investment could increase to $1bn during the concession period

UAE’s DP World issues $1.5bn green sukuk

UAE’s DP World raises $1.5bn with green sukuk

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

DP World invested $6bn to become supply chain behemoth

Dubai’s DP World invested $6bn to become supply chain giant

The state-owned firm has undertaken substantial investments spanning multiple countries across the globe

DP World and Türkiye's Evyap Group sign partnership_Image WAM DP World

DP World acquires 58% equity stake in Turkey’s Evyap Port

The partnership will aim to enhance supply chain solutions in Turkey

DP World BOT agreement with Indian governement Image-by-WAM

DP World to invest $510m to develop mega-container terminal in this country

DP World currently operates five container terminals in India – two in Mumbai, one each in Mundra, Cochin and Chennai

Shuaa Capital

Shuaa Capital’s top investors are exploring sale

The firm’s market capitalisation exceeds Dhs1bn ($272m) and it has close to $5bn in assets under management

Neweast to set up auto parts hub in Jafza Image Jafza/ DP World

Neweast to establish Dhs500m auto parts distribution hub in Jafza

Neweast’s strategic hub in Jafza will support order fulfillment and delivery in the region for more than 160 premium aftermarket brands

DP World picks up momentum on electrification projects at Port of Santos, Brazil Image DP World

DP World picks up momentum on electrification projects at Port of Santos, Brazil

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

Dar es Salaam

DP World in talks to expand coverage to Tanzania’s Dar es Salaam port

With access to Dar es Salaam, DP World will expand its reach on the east African coast

trade finance

DP World, Standard Bank partner to expand trade finance in Africa

The partnership will help in closing the gap in unmet demand for working capital on the continent

Dubai customs

Dubai Customs brings in customised x-ray scanning system

The new installation will speed up clearance operations for heavy and light vehicles, equipment, and yachts at the Jebel Ali and TECOM Customs Centre

DP World starts freight service Photo courtesy WAM

DP World launches new freighter service between UAE-Iraq

The service takes approximately 36 hours to travel between Jebel Ali Port in the UAE and Umm Qasr Port in southern Iraq

Berbera Port

DP World expands offering at Berbera Port with new edible oil terminal

The initial phase of the terminal is fully leased to Mzahim Investment, a subsidiary of Essa Al Ghurair Investments of the UAE

DP World Logistics Container

DP World’s investments top $10bn in past decade

The company’s investments in 2022 totalled $320m despite slowing demand for logistics services due to the global economic challenges

DP World port operations

Ports operator DP World’s revenues surge to $17.1m in 2022

The logistics firm said the broadening of strategic partnerships and monetisations of its assets in 2022 strengthened its balance sheet

UAE corporate tax exemptions.

MENA M&A activity smashes record to top 700 deals in 2022

Domestic deals represented 34 per cent of the total M&A value at $28.4bn while outbound deals led in value at $40.1bn

DP World

DP World inks cooperation pact to spur Greater Caspian Region-Africa trade

The partnership will provide cargo owners with easy booking and shipment tracking via DP World’s SeaRates platform

McLaren Formula 1

UAE’s DP World becomes an official partner of McLaren Formula 1 team

The partnership will support the F1 team to drive enhanced efficiency, reimagining the team’s supply chain to make it faster and more sustainable

DP world open new trade routes in 2022

Dubai’s DP World reports 1.4% rise in gross container volumes in 2022

Jebel Ali handled 14 million TEU (twenty-foot equivalent units) in 2022, up 1.7 per cent year-on-year

Maersk

Dubai’s DP World and Maersk enter long-term partnership at Jebel Ali port

Maersk will deploy two of its solutions for customers moving their cargo through Jebel Ali

DP World, Hassana announce $2.4bn investment in UAE

DP World, Hassana announce $2.4bn investment in UAE

Hassana will hold its economic interest in a stake of approximately 10.2 per cent in three UAE assets of DP World

Dubai Future Labs signs three agreements

Dubai Future Labs signs three agreements to drive innovation in aviation, logistics

The agreements seek to drive adoption of advanced robotics and automation technologies in key economic sectors

DP World

Inflation among key concerns for global supply chain, reveals DP World survey

According to the survey, the other challenges that freight forwarders are currently experiencing include rising and unpredictable freight rates

DP World partners with Emirates Development Bank to finance SME growth

DP World partners with Emirates Development Bank to finance SME growth

It includes a formal framework for both entities to provide SMEs with access to trade financing

DP World to invest$500m towards reducing co2 emissions

DP World to invest $500m over five years to reduce carbon emissions

DP World’s plans include replacing its global fleet of assets from diesel to electric, investing in renewable power and exploring alternative fuels