The developer will take a majority stake in a co-investment platform, which includes a portfolio of 14 warehouses in the UK
The solution is expected to be a great addition to Maqta Gateway’s in-house single window offering for ports’ digitalisation
Karachi Gateway Terminal Multipurpose, a joint venture between AD Ports and Kaheel Terminal, will take over East Wharf’s existing operations as part of the deal
KEZAD Group has commenced construction of the new phases in light of strong demand for warehousing and other prebuilt facilities across Abu Dhabi, in both free zone and domestic industrial areas
The implementation of port community system marks the first ever export of Abu Dhabi’s key port digitalisation solution
The MOUs cover the development of new ports, terminals, and economic zones in the Indian state
The partnership will enhance Aramex’s operations in the UAE, Oman and further afield
The developer has acquired 7 Central logistics hub from Seven Seas Steel Industries in Dubai Investments Park, with an adjacent plot to build further logistics
The deal allows Noatum Terminal Castellón to expand its operational capacity for bulk, general cargo, and container processing
The authority signed the contracts with Zamil Marine Services and Naghi Marine Company to provide diverse maritime services
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
Featuring the latest sorting and processing technology to ensure precision, the new facility is equipped with non-stop CCTV surveillance, improved access control, and strict security protocols
The company’s board of directors approved an interim cash dividend of $65m (Dhs239m) for Q2 2023, equivalent to 3.2 fils per share
AD Ports’ acquisition signifies an increase of around 20 per cent in offshore and subsea capacity for the group, boosting Middle East and Southeast Asia operations
The JV is expected to create more than 20,000 work opportunities
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
Danzas AEI Emirates to be fully integrated into DHL Global Forwarding network and to re-brand to the DHL brand
The deal implies an enterprise value to EBITDA ratio of around 3.5x based on the company’s last twelve months performance to August 2023
The vice chairman of Agility shines the spotlight on the company’s growth and sustainability strategies, and how the company is supporting SMEs and fair trade
The state-owned firm has undertaken substantial investments spanning multiple countries across the globe
Dubai is the only Arab city on the Index that features 20 of the world’s most prominent international maritime centres
At Expo City Dubai, Kuehne+Nagel will be the sole ground handler for all logistics activities on-site, like building country pavillions and stages for panel discussions
The two entities agreed to leverage AD Ports’ cargo handling and storage infrastructure to advance urea and ammonia storage and shipping capabilities
The zone will be operated by SPARK Logistics, a JV between SPARK and Hutchison Ports and will handle ten million metric tonnes of cargo
The partnership will aim to enhance supply chain solutions in Turkey
The kingdom will build 59 logistics centres with a total area of more than 100 million square meters
DP World currently operates five container terminals in India – two in Mumbai, one each in Mundra, Cochin and Chennai
The group’s net profit increased by 3 per cent year-on-year to Dhs310m in Q2 2023