Wednesday 17 October 2018
 
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DP World

DP World breaks ground on Somaliland JV project

Dubai-based global marine terminal operator DP World said construction work has started on the development of the multi-purpose Berbera port in Somaliland. The joint venture project, DP World Berbera, will also serve land locked c

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DP World breaks ground on Somaliland JV project

Dubai-based global marine terminal operator DP World said construction work has started on the development of the multi-purpose Berbera port in Somaliland. The joint venture project, DP World Berbera, will also serve land locked c

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Nasdaq Dubai lists $3.3bn DP World sukuk, bonds

Nasdaq Dubai has welcomed four new debt listings by DP World, comprising a $1 billion Sukuk and three conventional bonds of $1 billion, 750 million euros ($882 million), and 350 million sterling ($460 million) respectively. The fo

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DP World H1 revenue surges 14.4pc to $2.62bn

DP World, one of the world's largest port operators, has registered a 14.4 per cent growth in its revenue for the first half which soared to $2.62 billion from last year's $2.29 billion, ably supported by the volume growth across all thr

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Moody upgrades DP World’s rating

Moody's Investors Service has upgraded the long-term issuer rating of DP World Limited (DPW) to Baa1 from Baa2. The outlook on all ratings is stable. Rehan Akbar, Moody's vice president - senior analyst, said: “Our d

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DP World acquires Unifeeder Group for $762m

Dubai-based global marine terminal operator DP World has acquired 100 per cent of the Unifeeder Group for €660 million ($762.5 million) from Nordic Capital Fund VIII and certain minority shareholders. Based in Aarhus (Denmark

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Court ruling binding on Djibouti, third parties: DP World

The ruling of London Court of International Arbitration (LCIA) upholding the continuing validity of DP World's concession of a terminal in the country is internationally binding both on the Djibouti government and on third parties, DP Worl

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DP World to build and operate logistics hub in Mali

Global trade enabler DP World has signed a 20-year concession with an automatic 20-year extension with the Republic of Mali to build and operate a 1000-hectare modern logistics hub outside of Bamako, the capital and largest city of Mali.

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DP World reports 6pc gross volume growth in H1

DP World Limited handled 35.6 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first half of 2018, with gross container volumes growing by 4.8 per cent year-on-year on a reported basis and 6 pe

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DP World signs agreement for new traders market

Global trade enabler DP World and the Zhejiang China Commodities City Group have signed an agreement to build a new ‘Traders Market’ at DP World’s flagship Jebel Ali Port and Free Zone in Dubai on a built-up area of three milli

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