DP World plans to invest approximately USD 3 billion across the UAE and other key markets in 2026, as the Dubai-based ports and logistics operator expands its global network despite disruptions to Middle East trade flows, which have also negatively impacted its profit margins.
The company announced the investment plan as it reported a 39% fall in first-half net profit to USD 585 million, even as revenue increased 13.1% year on year to USD 12.7 billion.
DP World invested USD 1.5 billion across its portfolio during the first half, with spending focused largely on additional capacity, terminal development, and logistics infrastructure.
In the UAE, DP World plans to develop two new deepwater terminals in Fujairah under a 50-year concession agreed in principle with the Fujairah Ports Authority. The Al Rugaylat container and multipurpose terminal and Dibba General Cargo terminal will be developed in phases over a planned 30-month period.
The terminals are expected to strengthen the UAE’s trade infrastructure by providing an alternative route for international cargo that avoids vessels having to pass through the Strait of Hormuz. DP World said the projects would also extend the Jebel Ali ecosystem through an integrated supply chain.
The expansion comes as conflict in the region has disrupted shipping through the Strait of Hormuz and Bab Al Mandeb, two critical trade routes. Vessel traffic into Jebel Ali has temporarily declined, prompting DP World to expand inland connectivity and logistics capacity to keep critical cargo moving.
The company also acquired 700 lorries last month to strengthen its road freight network across the Gulf and recently agreed to acquire UK grocery distribution assets from US logistics company GXO Logistics.
Despite the disruption, DP World’s diversified network supported growth. Excluding Jebel Ali, container volumes increased by 6.5% on a like-for-like basis, with growth across Africa, Asia Pacific, Europe, and the Americas. Adjusted EBITDA rose 9.7%.
Overall container volumes, however, fell 5.7% in the first half, reflecting weaker activity at Jebel Ali.
DP World said its integrated logistics model, strong balance sheet, and disciplined capital allocation would allow it to navigate near-term uncertainty while positioning the company for longer-term growth in global trade.