DUBAI 18 February 2020: DP World’s parent company, Port and Free Zone World, has offered to acquire the 19.55 percent of DP World’s shares traded on Nasdaq Dubai, returning the company to private ownership. The […]
DUBAI 5 February 2020: DP World handled 71.2 million TEUs (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% […]
DUBAI 15 January 2020: 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 restore […]
ABU DHABI 13 January 2020: A hyperloop connection would see passengers travel the region at incredible speeds, cutting the travel time from, say Abu Dhabi to Jeddah to 48 minutes, for example. At speeds of […]
DUBAI 24 December 2019: 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 […]
DUBAI 19 July 2019: Nasdaq Dubai welcomed the listing of a $1 billion sukuk and a $300 million conventional bond issued by global trade enabler DP World. DP World is the largest UAE debt issuer […]
DUBAI 4 July 2019: DP World, UAE Region launched ‘The India-UAE Bridge’ — a major initiative that will attract Indian trade and investments to its flagship Jebel Ali Port and Jafza by offering end-to-end (e2e) […]
DUBAI 2 July 2019: DP World announced 100 per cent acquisition of Topaz Energy and Marine Limited (Topaz) from Renaissance Services SAOG and Standard Chartered Private Equity/Affirma Capital for an enterprise value of $1,079 million. […]
DUBAI 24 May 2019: Hindustan Infralog Private Limited (HIPL), a joint venture between DP World and National Investment and Infrastructure Fund (NIIF), announced the acquisition of a 76% stake in Kribhco Infrastructure Limited (Kril), an […]
DUBAI 10 May 2019: DP World, one of the world’s largest port operators, said it has agreed to buy Canadian marine terminal Fraser Surrey Docks from a Macquarie Group fund. Fraser Surrey Docks, with a […]