Company Insights DP World Logistics DP World Overview Global ports operator and logistics company DP World was formed in 2005 by the merger of Dubai Ports Authority and Dubai Ports International. In 2006 DP World bought P&O, then the world’s fourth largest ports operator, for £3.9 billion. Since then it has expanded its focus across the logistics and trade sectors to also include cargo logistics, maritime services, free trade zones, inland terminals and industrial parks. It now has a global network of more than 300 business units in over 75 countries across six continents. Headquartered in the UAE, DP World’s flagship port is Jebel Ali in Dubai,which is ranked among the top 10 container ports of the world and is one of the world’s largest free trade zones. According to the UAE’s ministry of economy DP World handles 70 million containers that are brought in by around 70,000 vessels annually across the world. This equates to roughly 10% of global container traffic. DP World News Opinion Infrastructure Africa’s port assets are irresistible for the UAE The privatisation of maritime infrastructure is often controversial in Africa November 25, 2024 Trade DP World CEO shrugs off threat of US tariffs A prominent Dubai business leader has downplayed the threat of tariffs from the incoming US administration of Donald Trump. Sultan bin Sulayem, chairman and CEO of DP World, one of the world’s largest port operators and a flagship enterprise of the emirate of Dubai, said on Monday that he was unfazed by Trump’s proposed blanket […] November 18, 2024 Logistics DP World to acquire Australia’s Silk Logistics DP World Australia has announced plans to acquire the freight and logistics service provider Silk Logistics Holdings, in a deal worth A$174.5 million ($114.9 million). The Australian subsidiary of Dubai’s DP World will buy Silk Logistics at a price of A$2.14 ($1.40) per share. The transaction is subject to shareholder approval and regulatory approvals, and is […] November 11, 2024 Opinion Trade UAE believes trade with Africa is worth the risk Investments by Emirati companies are being encouraged and supported by the government October 22, 2024 Analysis Construction UAE warehousing attracts new institutional investors A lack of suitable warehousing across Dubai and Abu Dhabi is providing opportunity for institutional investors to get into industrial real estate. Non-industrial developers are also poised to take advantage of the gap. Strong demand for facilities in ecommerce and logistics, and the expansion of oil and gas companies in Abu Dhabi in particular, has led […] October 21, 2024 Trade Clouds clear as DP World seals London Gateway deal UAE port operator DP World has announced that it will go ahead with a £1 billion ($1.3 billion) investment in the UK after days of uncertainty, but the episode should be viewed as a “warning”, an expert has told AGBI. The expansion of DP World’s London Gateway port is intended to make it Britain’s largest […] October 14, 2024 Logistics UK minister confirms DP World to invest in London Gateway Dubai’s DP World will invest £1 billion ($1.3 billion) in its London Gateway port, business minister Jonathan Reynolds has confirmed. “The investment is going ahead,” business minister Jonathan Reynolds told Sky News after media reports suggested that DP World executives had threatened to boycott the International Investment Summit on October 14 and refrain from investing in […] October 14, 2024 Real Estate New Expo City plan to drive Dubai’s economic growth A new master plan has been released for Expo City Dubai, one of the five key urban centres set to double the emirate’s economy by 2033. The new master plan will establish Expo City Dubai as a hub for pioneers, entrepreneurs, investors, innovators, educators and students, the UAE state-run Wam news agency reported, quoting Dubai […] October 4, 2024 Logistics DP World among bidders for $84m Indian port upgrade DP World is among the bidders to develop and upgrade a port in India’s eastern state of West Bengal, according to a media report. Indian conglomerate Adani is also in the running, The Telegraph, an Indian newspaper, reported The private-public-partnership project involves reconstructing one berth and mechanising two berths at Netaji Subhas Dock, Kolkatta, for […] September 19, 2024 Logistics Jeddah port gets London Metal Exchange approval for storage The London Metal Exchange has added Saudi Arabia’s Jeddah Islamic Port to its list of locations for the storage of copper and zinc, though no warehouse has been approved yet. “The listing of Jeddah will become active as a delivery point three months after the approval of the first warehouse company in that location,” a […] September 2, 2024 Posts navigation 1 2 … 12 Next
Opinion Infrastructure Africa’s port assets are irresistible for the UAE The privatisation of maritime infrastructure is often controversial in Africa November 25, 2024
Trade DP World CEO shrugs off threat of US tariffs A prominent Dubai business leader has downplayed the threat of tariffs from the incoming US administration of Donald Trump. Sultan bin Sulayem, chairman and CEO of DP World, one of the world’s largest port operators and a flagship enterprise of the emirate of Dubai, said on Monday that he was unfazed by Trump’s proposed blanket […] November 18, 2024
Logistics DP World to acquire Australia’s Silk Logistics DP World Australia has announced plans to acquire the freight and logistics service provider Silk Logistics Holdings, in a deal worth A$174.5 million ($114.9 million). The Australian subsidiary of Dubai’s DP World will buy Silk Logistics at a price of A$2.14 ($1.40) per share. The transaction is subject to shareholder approval and regulatory approvals, and is […] November 11, 2024
Opinion Trade UAE believes trade with Africa is worth the risk Investments by Emirati companies are being encouraged and supported by the government October 22, 2024
Analysis Construction UAE warehousing attracts new institutional investors A lack of suitable warehousing across Dubai and Abu Dhabi is providing opportunity for institutional investors to get into industrial real estate. Non-industrial developers are also poised to take advantage of the gap. Strong demand for facilities in ecommerce and logistics, and the expansion of oil and gas companies in Abu Dhabi in particular, has led […] October 21, 2024
Trade Clouds clear as DP World seals London Gateway deal UAE port operator DP World has announced that it will go ahead with a £1 billion ($1.3 billion) investment in the UK after days of uncertainty, but the episode should be viewed as a “warning”, an expert has told AGBI. The expansion of DP World’s London Gateway port is intended to make it Britain’s largest […] October 14, 2024
Logistics UK minister confirms DP World to invest in London Gateway Dubai’s DP World will invest £1 billion ($1.3 billion) in its London Gateway port, business minister Jonathan Reynolds has confirmed. “The investment is going ahead,” business minister Jonathan Reynolds told Sky News after media reports suggested that DP World executives had threatened to boycott the International Investment Summit on October 14 and refrain from investing in […] October 14, 2024
Real Estate New Expo City plan to drive Dubai’s economic growth A new master plan has been released for Expo City Dubai, one of the five key urban centres set to double the emirate’s economy by 2033. The new master plan will establish Expo City Dubai as a hub for pioneers, entrepreneurs, investors, innovators, educators and students, the UAE state-run Wam news agency reported, quoting Dubai […] October 4, 2024
Logistics DP World among bidders for $84m Indian port upgrade DP World is among the bidders to develop and upgrade a port in India’s eastern state of West Bengal, according to a media report. Indian conglomerate Adani is also in the running, The Telegraph, an Indian newspaper, reported The private-public-partnership project involves reconstructing one berth and mechanising two berths at Netaji Subhas Dock, Kolkatta, for […] September 19, 2024
Logistics Jeddah port gets London Metal Exchange approval for storage The London Metal Exchange has added Saudi Arabia’s Jeddah Islamic Port to its list of locations for the storage of copper and zinc, though no warehouse has been approved yet. “The listing of Jeddah will become active as a delivery point three months after the approval of the first warehouse company in that location,” a […] September 2, 2024
