Wednesday 19 June 2013
 
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DP World sells stake in Russian firm

    DP World, the world's third-largest port operator, sold its 25-percent stake in container terminal Vostochnaya Stevedoring Co to Russia's Global Ports Investment for $230 million, the Dubai-based firm sa

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DP World lone bidder for India port deal

DP World, the global port operator based in Dubai, has emerged as the lone bidder for developing a new container loading facility at Jawaharlal Nehru port near Mumbai as India’s busiest container port seeks to expand much-needed capacity.

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DP World revamps Belgian ops with $61m sale

DP World, the world's third-largest port operator, has sold some non-core operations in Belgium in a deal worth $61 million as part of a series of disposals of assets in developed countries. The company said it has divested al

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No third operator for UAE now says TRA

The UAE Telecommunications Regulatory Authority (TRA) does not, at this time, have any intention to license a third operator in the telecommunications market, it said in a statement. The clarification comes in response to articles whi

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SPA biggest operator of Falcon business jets

Saudia Private Aviation (SPA), a unit of Saudi Arabian Airlines, said it has become the largest single customer/operator of the Falcon 7X business jet with the delivery of its fourth aircraft by French aviation giant Dassault. The four-air

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Ericsson offers new network optimisation solution

Ericsson has launched its new smartphone network optimisation offering to address the challenges faced by operators by helping to remain competitive by ensuring the best possible network performance. Growing consumer demand for constant mo

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DP World Vietnam unit wins key certification

Global marine terminal operator DP World said its Saigon Premier Container Terminal (SPCT) based in Ho Chi Minh City, Vietnam, has successfully earned the ISO 28000:2007 security management system certification. SPCT is the first term

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Etisalat wins Telecoms World awards

Etisalat, the leading telecom service provider in the UAE, has won the Best Operator and Best Middle Eastern Wholesale Carrier awards at Telecoms World Middle East 2010, a major telecom industry event, in Dubai. Etisalat was granted the aw

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Etisalat 'close to buying Iraqi telecom operator'

Emirates Telecommunications Corp (Etisalat) is close to buying a majority stake in Iraq's Korek Telecom as it looks to double revenues from overseas operations in three years, Etisalat's chairman said. Etisalat, the Gulf region's second-la

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du extends roaming to 300 networks worldwide

UAE's new integrated telecom operator du said its roaming services will now be available at 300 leading telecom operators spread across 120 countries. The company, which began operation only 18 months ago said du mobile customers travellin

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