The initial phase of the terminal is fully leased to Mzahim Investment, a subsidiary of Essa Al Ghurair Investments of the UAE
The company’s investments in 2022 totalled $320m despite slowing demand for logistics services due to the global economic challenges
The logistics firm said the broadening of strategic partnerships and monetisations of its assets in 2022 strengthened its balance sheet
Domestic deals represented 34 per cent of the total M&A value at $28.4bn while outbound deals led in value at $40.1bn
The partnership will provide cargo owners with easy booking and shipment tracking via DP World’s SeaRates platform
The partnership will support the F1 team to drive enhanced efficiency, reimagining the team’s supply chain to make it faster and more sustainable
Jebel Ali handled 14 million TEU (twenty-foot equivalent units) in 2022, up 1.7 per cent year-on-year
Maersk will deploy two of its solutions for customers moving their cargo through Jebel Ali
Hassana will hold its economic interest in a stake of approximately 10.2 per cent in three UAE assets of DP World
The agreements seek to drive adoption of advanced robotics and automation technologies in key economic sectors
According to the survey, the other challenges that freight forwarders are currently experiencing include rising and unpredictable freight rates
It includes a formal framework for both entities to provide SMEs with access to trade financing
DP World’s plans include replacing its global fleet of assets from diesel to electric, investing in renewable power and exploring alternative fuels
The Lin-Gang Special Area offers some of the most innovative and forward-looking business policies for both Chinese and international companies beyond normal free zones offerings
Dubai-based Aviv Clinics is being recognised for its revolutionary programme, which enhances brain regeneration and physical health, using an integrated approach and hyperbaric oxygen therapy
Dubuy.com connects 10,000 registered customers to 2,000 registered vendors and facilitates the trade of 1.4 million products on a daily basis
The new integrated quayside facilities, belonging to Adroit Canada and Al Amir Foods, will enhance the year-round availability and production of essential grains and pulses
Growth was driven by a strong performance across DP World’s Asia Pacific, Americas and Australia terminals
Acquisition aligns with DP World’s aim to become the leading market access and logistics partner in Africa
The ranking is based on the latest findings of the Xinhua-Baltic International Shipping Centre Development (ISCD) Index
DP World’s presence in the Indian technology market has grown rapidly, with its employee numbers rising from 50 in 2021, to more than 450 now
The new facility will offer warehouse space of 100,000 square metres
The Montreal-based pension manager will take a 22 per cent stake in DP World’s Jebel Ali Port, Jebel Ali Free Zone and the National Industries Park
DP World will explore metaverse applications for its services, including simulations of warehousing and terminal operations
Gross container volumes increased by 1.7 per cent y-o-y on a reported basis, with Asia Pacific, Middle East, Europe and Americas driving volume growth
The latest expansion of dubuy.com follows launches in Kenya and Rwanda last year
Cargoes Flow will provide an end-to-end visibility for shipments irrespective of their shipping modes, carriers, and shipping lanes
The announcement was made during Prince William’s first official visit to the UAE and Expo Dubai 2020
Spurred by the volume performance, DP World remains focused on increasing profitability while managing growth capex
Cargoes Customs provides an intelligence-enabled, unified customs operating model that optimises border management and revenue collection activities