The planned logistics hub aligns with the Dubai Economic Agenda (D33), which aims to double the size of the emirate’s economy to $8.7tn, by 2033
This strategic move aims to leverage DP World’s global network to enhance the market’s connectivity with 77 ports worldwide
The partnership aims to attract shipping companies to establish additional maritime routes and encourage cooperation through slot exchanges and vessel space purchases
Maalexi’s digital platform allows thousands of UAE-based SMEs to procure food and agricultural products more safely, quickly and cost-effectively
The groundbreaking follows on the heels of DP World opening freight forwarding offices in Dammam, Jeddah and Riyadh
Once at full operational capacity, the initiative will save up to 14,600 tonnes of carbon dioxide equivalent annually and 158 tonnes of nitrogen oxides annually
The enhancements will enable the handling of a wider variety of vessels from traditional dhows to Ro-Ro, bulk and container carriers
In 2023, DP World’s Jebel Ali Port handled over 4.35 million tonnes of breakbulk cargo, adding to the 40 million tonnes handled over the last decade for local and international clients
Agri Terminals will be Dubai’s largest multi-tenant facility for integrated agricultural processing and silo storage
The MOUs cover the development of new ports, terminals, and economic zones in the Indian state
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