Tag Archives: DP World

Hindustan Infralog Private Limited, HIPL, a joint venture between DP World (65%) and the National Investment and Infrastructure Fund, NIIF, (35%), has won the bid to develop and operate the Free Trade Warehousing Zone at India’s largest container gateway – Jawaharlal Nehru Port Trust, JNPT, for US$78 million. Hindustan Infralog Private is the …

Even as its legal dispute with the government of Djibouti escalates, DP World said it has a “very positive outlook” on its financial and operational performance, reiterating that Djibouti is a “very small part” of its network. Mohammed Al Muallem, CEO and managing director for the UAE region at DP …

The Red Sea state of Eritrea may play a key role in DP World Ltd’s plans in the Horn of Africa, where a dozen ports could be needed to service the region, Chief Executive Officer Sultan Ahmad Bin Sulayem said. Developing more ports in the Horn, including one it’s already …

DP World on Saturday responded to Djibouti’s refusal to acknowledge a London Court of International Arbitration ruling by saying the government did not “recognise the international rule of law.” On Thursday, Arbitral Tribunal of the London Court of International Arbitration (LCIA) ruled that the Djibouti government’s seizure of control of …

DP World is planning to set up a logistics facility in Ethiopia to facilitate transport of goods to landlocked countries in Africa, DP World Group Chairman & CEO and Chairman of Ports, Customs and Free Zone Corporation Sultan Bin Sulayem has revealed. “We are planning to set up a logistics …

DP World Group CEO, Sultan Ahmad Bin Sulayem met with the President of Azerbaijan, Ilham Aliyev on Wednesday to explore future opportunities for economic cooperation. DP World is playing an advisory role in the development the Alyat Free Trade Zone a future business hub, part of a network of planned …

DP World subsidiary P&O Marinas has partnered with Monaco’s state-owned Société Monegasque International Portuaire (SMIP) to create a series of superyacht marinas at select locations in the Mediterranean and around the world. The partnership was cemented in a Memorandum of Understanding (MoU) between the two parties to invest in, develop …

DP World, Dubai’s state-owned ports operator, said on Monday that it had signed an agreement with Egypt’s Holding Company for Maritime and Land Transport, and the Suez Canal Authority, with the intention to develop a new inland container depot (ICD) in Egypt’s 6th of October City. The city is a …

It’s a busy week for business. Our week kicked off with a Hyperloop announcement featuing Richard Branson and DP World and will close out with the Future Blockchain Summit, which promises to have truly innovative applications of this new technology. Sandwiched in between these two events, we’ll be watching to …

The President of Somaliland said on Friday that Somalia “has neither the strength nor the ability” to interfere in his country’s operations, calling a move by Somalia to ban DP World from operating in Somaliland “a joke.” Speaking at a press conference in Dubai, Muse Behi Abdi stressed that Somaliland …