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Peru's President Dina Boluarte and DP World CEO Sultan bin Sulayem at the World Economic Forum in Davos

DP World to put $1bn into Peru ports

Global ports operator DP World plans to invest more than $1 billion in developing port infrastructure in Peru. DP World CEO Sultan bin Sulayem conveyed the interest during a meeting with President Dina Boluarte at the World Economic Forum in Davos, Boluarte said in a post on X. The investment will promote agricultural exports and […]

Machine, Motor, Engine

DP World’s ‘blue bond’ to fund sustainable maritime projects

Dubai-based DP World has launched a $100 million blue bond to fund sustainable maritime and water-related projects. It will be the first such issuance across the Middle East and North Africa region, aiming to address critical funding gaps related to UN sustainable development goals. The blue bond aligns with DP World’s ocean strategy and long-standing […]

The Willem Van Rubroeck dredger is starting work on a 5 km-long shipping channel for DP World's Ndayane port in Senegal

DP World starts work on $1.2bn port in Senegal

Dubai-based DP World has commenced work on the $1.2 billion Port of Ndayane, with the aim of transforming Senegal into a major centre for global trade. The Willem Van Rubroeck vessel is set to dredge a five km-long shipping channel to build a high-capacity port. The project’s first phase also includes an 840m quay to […]

DP World chairman and CEO Sultan bin Sulayem met with Indian prime minister Narendra Modi in January

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 […]

DP World Australia operates four container ports and is taking on more than 40 Silk Logistics sites

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 […]

An inspector scanning box with goods in storage

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 […]

DP World has confirmed it will invest £1 billion in London Gateway as part of its 'long-term commitment to the UK'

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 […]