Friday 22 August 2014
 
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Dubai port operator

DP World shuts down Egypt port after strikes

Dubai's port operator DP World shut down its Ain al-Sokhna port in Egypt on Thursday because of labour strikes that have cost it about 30 million Egyptian pounds ($5.02 million)in lost revenue, an official at the Red Sea port authority said.

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DP World 2010 net profit jumps 35pc

Port operator DP World, a unit of troubled state-owned conglomerate Dubai World, said it expected solid growth this year after posting a 35 per cent jump in net profit which rose to $450 million from $333 million the previous year. Announc

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