Ports and ShippingDP World completes first phase of $1.2 bn deepwater port in EcuadorPritam BordoloiOctober 10, 2019 by Pritam BordoloiOctober 10, 2019 The development of the first phase of the port of Posorja was completed at a cost of $583 mn... Read more
Ports and ShippingDP World to bid for Singapore offshore support vessel firmPritam BordoloiSeptember 20, 2019November 4, 2019 by Pritam BordoloiSeptember 20, 2019November 4, 2019 DP World is one of the six potential bidders for Singapore-based Miclyn Express Offshore... Read more
Ports and ShippingAcquisitions boost DP World’s H1 revenue to $3.4 billionInternational Finance DeskAugust 24, 2019December 23, 2019 by International Finance DeskAugust 24, 2019December 23, 2019 The firm reported a 27 percent increase in profit for the first half of 2019... Read more
LogisticsDP World to spearhead $10 bn hyperloop project in IndiaInternational Finance DeskAugust 2, 2019 by International Finance DeskAugust 2, 2019 Once implemented, the project will reduce the 150 km Mumbai-Pune travel time to 23 minutes... Read more
Oil & GasAdnoc and Pertamina sign $2.5 bn oil and gas development dealInternational Finance DeskJuly 30, 2019December 18, 2019 by International Finance DeskJuly 30, 2019December 18, 2019 As part of the deal signed between UAE and Indonesia, Adnoc will build a LNG storage facility in Indonesia... Read more
Ports and ShippingDP World, Maspion to develop $1.2bn logistics park in IndonesiaInternational Finance DeskJuly 26, 2019December 23, 2019 by International Finance DeskJuly 26, 2019December 23, 2019 The Emirati-Indonesian joint venture marks the first public-private partnership for Indonesia’s transportation sector... Read more
Ports and ShippingDP World raising $1 bn bonds to buy Topaz Energy and MarineInternational Finance DeskJuly 9, 2019December 23, 2019 by International Finance DeskJuly 9, 2019December 23, 2019 Citi and Standard Chartered Bank will help DP World arrange a series of investors meetings ahead of the Islamic bond issue... Read more
Ports and ShippingDP World’s India-UAE Bridge hopes to attract investments to flagship portInternational Finance DeskJuly 4, 2019December 23, 2019 by International Finance DeskJuly 4, 2019December 23, 2019 The solution is a collaboration between DP World, Jafza and the Indian Business and Professional Council... Read more
Oil & GasDP World to foray into oil and gas with Topaz acquisition for $1.3 bnInternational Finance DeskJuly 1, 2019December 18, 2019 by International Finance DeskJuly 1, 2019December 18, 2019 The company has had recently acquired P&O Ferries and P&O Ferrymasters in Europe and Puertos y Logistica in Chile... Read more
EconomyJafza plans to return $354 mn to stimulate UAE economyInternational Finance DeskMay 21, 2019 by International Finance DeskMay 21, 2019 The money will be returned in cash and bank guarantees to companies operating in its jurisdiction, according to reports... Read more