Archive | DP World

DP World - Archive

2020
11
March
2020
| 07:54 Europe/Amsterdam
DP World and the Renault F1 Team have signed an agreement making DP World the Global Logistics Partner and Title Partner of the team, which will become the Renault DP World F1 Team starting from the 2020 season. Under the partnership, teams from D...
Read more
11
March
2020
| 06:17 Europe/Amsterdam
DP World announces robust financial results for the year ended 31 December 2019. On a reported basis, revenue grew 36.1% and adjusted EBITDA increased 17.7% with adjusted EBITDA margin of 43%, delivering profit attributable to owners of the Company, ...
Read more
24
February
2020
| 12:51 Europe/Amsterdam
DP World adds largest multi-purpose deep-sea marine terminal on the West Coast of North America to its portfolio DP World and CDPQ's global investment platform continues its strategic growth DP World, the leading enabler of global trade, and ...
Read more
17
February
2020
| 06:22 Europe/Amsterdam
Return to private ownership to help deliver aspiration of becoming world’s leading end-to-end logistics provider DP World’s parent company Port and Free Zone World has offered to acquire the 19.55 per cent of DP World’s shares traded on Nasdaq Dub...
Read more
13
February
2020
| 10:44 Europe/Amsterdam
Dubai-based provider of worldwide smart end-to-end supply chain logistics, DP World, has agreed to acquire a majority 51% stake in TIS Container Terminal in the Port of Yuzhny, Ukraine, subject to the satisfaction of certain conditions, including reg...
Read more
10
February
2020
| 10:35 Europe/Amsterdam
Mission aims to expand trade between São Paulo and MENA, as well as attract investment The state of São Paulo in Brazil today opened a representative office in Dubai, aimed at growing trade between Brazil's leading industrial centre and the Middle...
Read more
04
February
2020
| 11:35 Europe/Amsterdam
DP World handled 71.2 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in 2019, with gross container volumes flat year-on-year on a reported basis and up +1.0% on a like-for-like[1] basis. Like-for-like...
Read more
27
January
2020
| 12:25 Europe/Amsterdam
Establishment of Rwanda’s first fully fledged cold storage to contribute to growth of key sectors including agriculture, hospitality and pharmaceuticals Following the inauguration of the Kigali Logistics Platform last October, DP World has expande...
Read more
21
January
2020
| 10:16 Europe/Amsterdam
Expected to deliver a strong competitive advantage and enhance the industry-leading position of both companies DP World and Swissterminal Holding AG, the leading container terminal operator in Switzerland, have entered a strategic partnership. ...
Read more
14
January
2020
| 06:39 Europe/Amsterdam
Ruling by Tribunal says Djibouti acted illegally DP World has won a further legal hearing against the Government of Djibouti over the Doraleh Container Terminal. A Tribunal of the London Court of International Arbitration ordered Djibouti to resto...
Read more
2019
23
December
2019
| 13:15 Europe/Amsterdam
Global trade enabler DP World has been awarded a 30-year Build-Operate-Transfer (BOT) concession by the Saudi Ports Authority (Mawani), for the management and development of the Jeddah South Container Terminal at the multi-purpose Jeddah Islamic Port...
Read more
18
December
2019
| 09:12 Europe/Amsterdam
Global trade enabler DP World has embarked on an ambitious partnership with Abaarso School in Somaliland, to dynamically enhance educational opportunities for youths. DP World Berbera manages and is currently expanding the multi-purpose port of Berbe...
Read more
04
December
2019
| 09:01 Europe/Amsterdam
Unifeeder, a 100% owned subsidiary of DP World PLC, has announced the acquisition of a 77% stake in the Feedertech Group. The deal, which is expected to close in Q1/2020, is the latest step in DP World’s vision to build end-to-end logistics capabilit...
Read more
25
November
2019
| 10:47 Europe/Amsterdam
DP World will use the capital to further enhance end-to-end logistics capability Ceremony underlines Dubai’s leading role in debt markets including listed Sukuk value totaling 64.3 billion US dollars Sultan Ahmed Bin Sulayem, Group Chairman and...
Read more
20
November
2019
| 11:35 Europe/Amsterdam
Milestone comes as DP World marks a decade of partnership and contribution to Egypt’s economic growth with total investment of US$1.6 billion DP World Sokhna has celebrated its 10th anniversary by announcing it is near completion of a major expans...
Read more
12
November
2019
| 12:51 Europe/Amsterdam
Global trade enabler DP World has signed a Memorandum of Understanding (MoU), with Namibia’s Nara Namib Free Economic Industrial Zone today to develop a free economic zone for industry and logistics in Walvis Bay to support the growth of Namibia as a...
Read more
04
November
2019
| 10:06 Europe/Amsterdam
The joint venture between DP World, the leading enabler of global trade and the France-based international container operator Terminal Link - PortSynergy Group (GMP) - has been awarded the service concession for the construction and operation of bert...
Read more
22
October
2019
| 08:59 Europe/Amsterdam
DP World PLC handled 17.7 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in 3Q2019, with gross container volumes growing by 1.1 % year-on-year on a like-for-like basis[1]. On a nine-month basis, like-for...
Read more
21
October
2019
| 12:11 Europe/Amsterdam
DP World officially marked the one-month countdown to the 11th edition of the season-ending DP World Tour Championship, Dubai, and inaugural EDGA Dubai Finale at Jumeirah Golf, Estates, as Irish professional Brendan Lawlor hit a ceremonial tee shot o...
Read more
21
October
2019
| 10:14 Europe/Amsterdam
Facility inaugurated in presence of H.E. The President of the Republic of Rwanda Paul Kagame Truck-turnaround time using Kigali Logistics Platform reduced from an average of 10-14 days to just 3 days 667 direct and indirect jobs created...
Read more
10
October
2019
| 13:36 Europe/Amsterdam
Operations evolve in the space of two years from a greenfield terminal into a fully integrated maritime and logistics hub for South America DP World’s business in Peru, which began with container handling at the Port of Callao, has expanded into a...
Read more
08
October
2019
| 10:19 Europe/Amsterdam
DP World, the official Premier Global Trade Partner of Expo 2020 Dubai, has revealed the design of its pavilion, which will be one of the largest at the Expo site. The pavilion will be centered around the concept of ‘Making Trade Flow’, and demons...
Read more
07
October
2019
| 16:37 Europe/Amsterdam
$538 million first phase of development completed, contributing to 4,530 job opportunities   Phase two to include an integrated special economic zone that models Dubai’s Jebel Ali Port and freezone   DP World Group Chairman & CEO visits t...
Read more
04
October
2019
| 15:03 Europe/Amsterdam
"Congratulations to Hazzaa AlMansoori on his successful Space mission and safe return. Hazzaa was the first UAE astronaut in Space and the first Arab astronaut to visit the international Space station. The mission is testament to @HHShkMohd vision...
Read more
18
September
2019
| 12:36 Europe/Amsterdam
Dubai, United Arab Emirates, 18 September, 2019: Dubai Maritime City, a leading maritime cluster in the region bringing industry and commercial needs under one umbrella, today announced the start of construction of its Infrastructure for the commerci...
Read more
08
September
2019
| 09:21 Europe/Amsterdam
Global trade enabler DP World and its subsidiary P&O, will be participating in the 24th World Energy Congress (WEC) as the ‘Logistics Partner to the Energy Industry’. Attending this event for the first time, DP World will showcase its global experien...
Read more
26
August
2019
| 09:07 Europe/Amsterdam
DP World PLC has announced a partnership with Zhejiang China Commodity City Group Company LTD (CCC) to develop the ‘Traders Market’ in Jebel Ali Freezone (JAFZA). DP World will hold a majority share in the 70/30 joint venture. The Traders Market ...
Read more
22
August
2019
| 09:24 Europe/Amsterdam
DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem credited the company’s strategy of developing innovative new products and services and prudent management for DP World’s impressive half-year results. Bin Sulayem added that DP World’s excelle...
Read more
05
August
2019
| 12:10 Europe/Amsterdam
Global trade enabler DP World has revealed details of its partnership with the Emirates Golf Federation (EGF), as it continues to support the growth of golf by investing in grassroots talent development as well as the elite game, paving the way for a...
Read more
24
July
2019
| 15:10 Europe/Amsterdam
Two preliminary agreements between global trade enabler DP World and Indonesia’s leading conglomerate Maspion Group were signed today to create a US$ 1.2 billion container port and industrial logistics park in East Java. The exchange of agreements...
Read more