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	<title>Jebel Ali Port Archives - International Finance</title>
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		<title>DP World to invest USD 3 billion for global expansion as Middle East disruption hits profit</title>
		<link>https://internationalfinance.com/logistics-and-cargo/dp-world-to-invest-usd-3-billion-for-global-expansion-as-middle-east-disruption-hits-profit/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=dp-world-to-invest-usd-3-billion-for-global-expansion-as-middle-east-disruption-hits-profit</link>
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		<dc:creator><![CDATA[International Finance Business Desk]]></dc:creator>
		<pubDate>Tue, 18 Aug 2026 03:00:24 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Logistics and Cargo]]></category>
		<category><![CDATA[Bab Al Mandeb]]></category>
		<category><![CDATA[Dibba General Cargo Terminal]]></category>
		<category><![CDATA[Dp World]]></category>
		<category><![CDATA[DP World Earnings]]></category>
		<category><![CDATA[DP World Profits]]></category>
		<category><![CDATA[GXO Logistics]]></category>
		<category><![CDATA[Iran War]]></category>
		<category><![CDATA[Jebel Ali Port]]></category>
		<category><![CDATA[Middle East Conflict]]></category>
		<category><![CDATA[Strait of Hormuz]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=57684</guid>

					<description><![CDATA[<p>The company has 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</p>
<p>The post <a href="https://internationalfinance.com/logistics-and-cargo/dp-world-to-invest-usd-3-billion-for-global-expansion-as-middle-east-disruption-hits-profit/">DP World to invest USD 3 billion for global expansion as Middle East disruption hits profit</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>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 <a href="https://internationalfinance.com/logistics-and-cargo/iran-war-dp-world-boosts-truck-fleet-as-gulf-shifts-to-road-freight/" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=https://internationalfinance.com/logistics-and-cargo/iran-war-dp-world-boosts-truck-fleet-as-gulf-shifts-to-road-freight/&amp;source=gmail&amp;ust=1787046808312000&amp;usg=AOvVaw1eeK7tSsmPpzuAk0mdNq2P"><b>Middle East trade flows, </b></a>which have also negatively impacted its profit margins.</p>
<p>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.</p>
<div></div>
<div>The decline reflected the impact of regional conflict and <a href="https://internationalfinance.com/logistics-and-cargo/hormuz-plus-one-gulf-rewires-trade-around-its-riskiest-chokepoint/" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=https://internationalfinance.com/logistics-and-cargo/hormuz-plus-one-gulf-rewires-trade-around-its-riskiest-chokepoint/&amp;source=gmail&amp;ust=1787046808312000&amp;usg=AOvVaw2l-_TPArJQDsrVrsxrZMxD"><b>lower vessel traffic</b></a> at Jebel Ali, although the port remained fully operational with no physical damage.</p>
<p>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.</p>
<div></div>
<div>The full-year investment program will target markets including the UAE, India, Saudi Arabia, the United Kingdom, and the Democratic Republic of Congo.</p>
<p>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.</p>
<p>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 <b><a href="https://internationalfinance.com/magazine/economy-magazine/the-hormuz-blockade-and-the-impending-global-famine/" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=https://internationalfinance.com/magazine/economy-magazine/the-hormuz-blockade-and-the-impending-global-famine/&amp;source=gmail&amp;ust=1787046808312000&amp;usg=AOvVaw2UGnXIoHcThR6WKiHE4Of3">through the Strait of Hormuz.</a> </b>DP World said the projects would also extend the Jebel Ali ecosystem through an integrated supply chain.</p>
<p>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.</p>
<p>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 <a href="https://internationalfinance.com/logistics-and-cargo/dp-world-expands-uk-logistics-network-with-gxo-grocery-warehouse-takeover/" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=https://internationalfinance.com/logistics-and-cargo/dp-world-expands-uk-logistics-network-with-gxo-grocery-warehouse-takeover/&amp;source=gmail&amp;ust=1787046808312000&amp;usg=AOvVaw0ssNDnErsULYwaaQIxGFjF"><b>GXO Logistics.</b></a></p>
<div></div>
<div>The transaction covers six contract logistics sites across England and Northern Ireland, spanning more than 185,000 square meters and serving retailers including Asda, Sainsbury&#8217;s, and the Co-op.</p>
<p>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%.</p>
<p>Overall container volumes, however, fell 5.7% in the first half, reflecting weaker activity at Jebel Ali.</p>
<p>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.</p></div>
</div>
</div>
<p>The post <a href="https://internationalfinance.com/logistics-and-cargo/dp-world-to-invest-usd-3-billion-for-global-expansion-as-middle-east-disruption-hits-profit/">DP World to invest USD 3 billion for global expansion as Middle East disruption hits profit</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>Hormuz Plus One: Gulf Rewires trade around its riskiest chokepoint</title>
		<link>https://internationalfinance.com/logistics-and-cargo/hormuz-plus-one-gulf-rewires-trade-around-its-riskiest-chokepoint/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=hormuz-plus-one-gulf-rewires-trade-around-its-riskiest-chokepoint</link>
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		<dc:creator><![CDATA[International Finance Business Desk]]></dc:creator>
		<pubDate>Thu, 16 Jul 2026 00:00:33 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Logistics and Cargo]]></category>
		<category><![CDATA[ADNOC]]></category>
		<category><![CDATA[Dp World]]></category>
		<category><![CDATA[GCC]]></category>
		<category><![CDATA[Gulf of Oman Coast]]></category>
		<category><![CDATA[Habshan-Fujairah Pipeline]]></category>
		<category><![CDATA[Hormuz]]></category>
		<category><![CDATA[Hormuz Plus One]]></category>
		<category><![CDATA[Iran War]]></category>
		<category><![CDATA[Jebel Ali Port]]></category>
		<category><![CDATA[LNG]]></category>
		<category><![CDATA[Petroline]]></category>
		<category><![CDATA[Qatar]]></category>
		<category><![CDATA[Strait of Hormuz]]></category>
		<category><![CDATA[supply chain]]></category>
		<category><![CDATA[US-Iran War]]></category>
		<category><![CDATA[Yanbu Port]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=57139</guid>

					<description><![CDATA[<p>In July, Dubai-based DP World added 700 lorries to its regional fleet, a move that will support up to 35,000 additional trips a month across the GCC</p>
<p>The post <a href="https://internationalfinance.com/logistics-and-cargo/hormuz-plus-one-gulf-rewires-trade-around-its-riskiest-chokepoint/">Hormuz Plus One: Gulf Rewires trade around its riskiest chokepoint</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>For decades, <a href="https://internationalfinance.com/magazine/economy-magazine/the-hormuz-blockade-and-the-impending-global-famine/" target="_blank">the Strait of Hormuz</a> has been the single most consequential 33-kilometre stretch of water in global trade. Roughly a fifth of the world&#8217;s oil and a significant share of its liquefied natural gas pass through this narrow gap between Iran and Oman. Every Gulf economy has, in one way or another, built its prosperity on the assumption that this artery stays open. </p>
<p>That assumption has been tested more severely in 2026 than at any point in recent memory, and the Gulf&#8217;s response is now visible in trucks, pipelines and ports rather than just in policy papers.</p>
<p>In the second week of July, <a href="https://internationalfinance.com/logistics-and-cargo/iran-war-dp-world-boosts-truck-fleet-as-gulf-shifts-to-road-freight/" target="_blank">Dubai-based DP World</a> added 700 lorries to its regional fleet, a move that will support up to 35,000 additional trips a month across the GCC. </p>
<p>The company said the fleet would serve first, middle and last-mile logistics, covering both containerised and non-containerised cargo, and that it forms part of a wider effort to build bonded, customs-controlled road corridors linking east coast gateways directly to Jebel Ali Port. </p>
<p>DP World&#8217;s logistics chief for the GCC, Raveen Guliani, framed it as a response to what customers now demand. He claims they need certainty and reliability in a region where the sea route can no longer be taken for granted.</p>
<p>That single announcement is a small piece of a much larger shift. Since fighting between the United States and Iran erupted in February and repeatedly flared since, Gulf states and the companies operating within them <a href="https://internationalfinance.com/ports-and-shipping/strait-hormuz-disruption-saudi-ports-add-new-shipping-services/" target="_blank">have moved from</a> treating Hormuz contingency planning as an occasional exercise to treating it as core infrastructure strategy. </p>
<p>The question now being asked in boardrooms from Riyadh to Abu Dhabi is not whether to reduce dependence on the strait, but how far that dependence can realistically be cut, and how quickly.</p>
<p><strong>A war that keeps reopening the wound</strong><br />
The <a href="https://internationalfinance.com/ports-and-shipping/panamas-water-crisis-hormuzs-instability-squeeze-global-shipping/" target="_blank">scale of the disruption</a> explains the urgency. Iran&#8217;s closure of Hormuz to non-Iranian vessels forced Gulf producers to shut in as much as 12 million barrels per day of oil at the peak of the crisis. Iraqi output collapsed from around 4.3 million barrels a day to under 1.5 million in May. </p>
<p>Kuwait declared force majeure. Bahrain&#8217;s Sitra refinery was struck repeatedly. A ceasefire framework reached in June briefly restored some shipping, but it has proved fragile.</p>
<p>Strikes and counter-strikes resumed in July, tankers were hit inside the strait, and daily transits have fallen from around 135 ships before the war to fewer than 40 in recent weeks, according to shipping data cited in regional reporting. </p>
<p>Washington has since said it will reimpose a naval blockade of Iranian ports and floated the idea of tolls (20% transit fee) for &#8220;safe passage&#8221; of ships through the strait, a proposal Tehran has publicly haggled over rather than rejected outright.</p>
<p>As per the latest updates, the Donald Trump administration has dropped the idea, pursuing instead trade and investment agreements with Gulf states.</p>
<p><img fetchpriority="high" decoding="async" src="https://internationalfinance.com/wp-content/uploads/2026/07/ifm-hormuz-plus-one-1.webp" alt="Hormuz Plus One" width="440" height="320" class="aligncenter size-full wp-image-57140" srcset="https://internationalfinance.com/wp-content/uploads/2026/07/ifm-hormuz-plus-one-1.webp 440w, https://internationalfinance.com/wp-content/uploads/2026/07/ifm-hormuz-plus-one-1-300x218.webp 300w" sizes="(max-width: 440px) 100vw, 440px" /></p>
<p>Every time the waterway closes or <a href="https://internationalfinance.com/insurance/if-insights-choking-strait-hormuz-tests-limits-war-risk-insurance/" target="_blank">comes under threat</a>, the economic cost lands immediately on Gulf exporters and on global energy and shipping prices. That repeated shock, rather than any single event, is what has pushed the region towards what might be called a &#8220;Hormuz Plus One&#8221; strategy. </p>
<p>The idea is to keep using the strait when it is open, but build enough parallel capacity on land and along the Red Sea and Gulf of Oman coasts that a closure no longer means an economic stop.</p>
<p><strong>Saudi Arabia&#8217;s pipeline bet</strong><br />
Saudi Arabia&#8217;s answer predates the current war by more than four decades. The East-West Pipeline, also known as Petroline, was built in the 1980s during the Iran-Iraq war specifically to move crude from the Kingdom&#8217;s eastern fields to the Red Sea port of Yanbu without touching Hormuz. </p>
<p>It has proved its worth this year with Aramco pushing the line to its full capacity of seven million barrels a day within days of the first strikes, and Yanbu exports reaching around five million barrels a day since.</p>
<p><img decoding="async" src="https://internationalfinance.com/wp-content/uploads/2026/07/ifm-hormuz-plus-one-2.webp" alt="Hormuz Plus One" width="440" height="320" class="aligncenter size-full wp-image-57141" srcset="https://internationalfinance.com/wp-content/uploads/2026/07/ifm-hormuz-plus-one-2.webp 440w, https://internationalfinance.com/wp-content/uploads/2026/07/ifm-hormuz-plus-one-2-300x218.webp 300w" sizes="(max-width: 440px) 100vw, 440px" /></p>
<p>That capacity, however, only partly offsets what Hormuz can carry. Roughly 15 million barrels a day of crude used to move through the strait before the war, meaning even a maxed-out Petroline covers well under half of that flow. </p>
<p>This is why Riyadh is reportedly in preliminary talks to expand the pipeline&#8217;s capacity by a further one to two million barrels a day, according to sources cited by Reuters, potentially with a smaller secondary line dedicated to refined products.</p>
<p>The project would take years and cost billions, and would require changes to how Saudi crude is priced for international buyers. </p>
<p>Crucially, the Kingdom is also discussing whether the expanded system could carry crude on behalf of neighbours who have no pipeline options of their own, Kuwait, Bahrain and Qatar among them. Kuwait&#8217;s state oil company has confirmed talks are under way with both Saudi Arabia and the UAE to find space for its barrels.</p>
<p><strong>The UAE goes further, and faster</strong><br />
If Saudi Arabia&#8217;s approach is decades-old infrastructure being stretched, the UAE&#8217;s is a <a href="https://internationalfinance.com/oil-and-gas/uae-accelerates-west-east-pipeline-project-reduce-hormuz-dependence/" target="_blank">newer and broader build-out</a>. Abu Dhabi&#8217;s existing Habshan-Fujairah pipeline already carries up to 1.8 million barrels a day of crude to the Gulf of Oman coast, bypassing Hormuz entirely. ADNOC is fast-tracking a second pipeline along the same route, reportedly around half complete, aimed at doubling that capacity by 2027.</p>
<p>What is more striking is that the UAE strategy has moved well beyond oil. With container traffic at Jebel Ali, Dubai&#8217;s flagship port and one of the world&#8217;s largest, having fallen by as much as 95% at the height of the Strait&#8217;s closure, DP World is now in talks to build an entirely new multipurpose port and container terminal at Fujairah, on the Gulf of Oman coast, according to reporting by the Financial Times. Cargo landed there would move onward to Dubai, Abu Dhabi and other commercial centres by road, dovetailing directly with the kind of trucking capacity DP World has just expanded.</p>
<p><img decoding="async" src="https://internationalfinance.com/wp-content/uploads/2026/07/ifm-hormuz-plus-one-3.webp" alt="Hormuz Plus One" width="440" height="320" class="aligncenter size-full wp-image-57142" srcset="https://internationalfinance.com/wp-content/uploads/2026/07/ifm-hormuz-plus-one-3.webp 440w, https://internationalfinance.com/wp-content/uploads/2026/07/ifm-hormuz-plus-one-3-300x218.webp 300w" sizes="(max-width: 440px) 100vw, 440px" /></p>
<p>Parallel expansion is under way at Khor Fakkan, where Sharjah-based Gulftainer has committed roughly two billion dollars to grow capacity, and at Dibba, with UAE officials scoping out at least one further harbour along the same coastline.</p>
<p>The government&#8217;s own language leaves little ambiguity about intent. UAE Minister of Foreign Trade Thani Al Zeyoudi has said the country is aiming for &#8220;Zero Hormuz Dependency,&#8221; regardless of whether the Strait remains open. New rail links, roads and pipelines are being built to connect these eastern ports and fields to the country&#8217;s population and industrial centres, an implicit acknowledgement that ports alone cannot absorb the shift without inland logistics to match.</p>
<p><strong>Where the strategy runs into limits</strong><br />
Even so, &#8220;Hormuz Plus One&#8221; is not the same as &#8220;Hormuz Optional.&#8221; Analysts note that the conflict has focused regional minds on the risks of relying on a single chokepoint, but the physics of oil and gas infrastructure impose hard limits on how far that reliance can fall. Kuwait, Bahrain and Qatar have no pipelines of their own and depend entirely on Saudi or Emirati goodwill and spare capacity.</p>
<p>Iraq&#8217;s northern pipeline to Turkey remains dogged by disputes and runs well below its potential. </p>
<p>Qatar&#8217;s economy rests overwhelmingly on liquefied natural gas (LNG), which cannot simply be piped overland in the way crude can; Doha is examining several alternatives, including routing through Saudi territory, but none offers anything close to a full substitute for seaborne LNG carriers transiting Hormuz.</p>
<p><img loading="lazy" decoding="async" src="https://internationalfinance.com/wp-content/uploads/2026/07/ifm-hormuz-plus-one-4.webp" alt="Hormuz Plus One" width="440" height="320" class="aligncenter size-full wp-image-57143" srcset="https://internationalfinance.com/wp-content/uploads/2026/07/ifm-hormuz-plus-one-4.webp 440w, https://internationalfinance.com/wp-content/uploads/2026/07/ifm-hormuz-plus-one-4-300x218.webp 300w" sizes="auto, (max-width: 440px) 100vw, 440px" /></p>
<p>Containerised trade faces its own version of this problem. Trucking and rail can absorb meaningful volumes, DP World&#8217;s overland corridors have already moved more than 350,000 twenty-foot equivalent units since the disruption began, but that is a fraction of the more than 15 million containers Jebel Ali alone handles in a normal year. </p>
<p>Road networks, customs posts and warehousing in Fujairah, Khor Fakkan and Dibba are already under visible strain from the diversion so far, with weekly container movements through Khor Fakkan rising roughly eightfold and daily truck traffic climbing from around 100 vehicles to close to 8,500.</p>
<p><strong>A structural shift, not a full escape</strong><br />
What is emerging, then, is not an exit from Hormuz but a hedge against it. Saudi Arabia&#8217;s pipeline expansion and the UAE&#8217;s port and pipeline build-out will, over the next two to three years, meaningfully raise the volume of oil that can move without touching the strait, and DP World&#8217;s road and rail investments will do the same for containerised goods. </p>
<p>Together, these efforts could shave a serious portion off the economic damage of any future closure, particularly for crude oil, where physical bypass infrastructure already exists and is being expanded.</p>
<p>But total independence from Hormuz remains out of reach for the foreseeable future, especially for gas, for smaller Gulf states without their own pipelines, and for the sheer volume of containerised trade that still needs a deep-water port inside the strait to function efficiently.</p>
<p>The Gulf is not abandoning Hormuz. It is building a costly, overlapping insurance policy around it, one truck, pipeline and port terminal at a time, in the hope that the next time tensions flare near Bandar Abbas, the region&#8217;s economies will not have to hold their breath quite so completely.</p>
<p>The post <a href="https://internationalfinance.com/logistics-and-cargo/hormuz-plus-one-gulf-rewires-trade-around-its-riskiest-chokepoint/">Hormuz Plus One: Gulf Rewires trade around its riskiest chokepoint</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>Al Rawdah SEZ in focus as DP World, Oman discuss project&#8217;s next phase</title>
		<link>https://internationalfinance.com/logistics-and-cargo/al-rawdah-sez-focus-dp-world-oman-discuss-projects-next-phase/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=al-rawdah-sez-focus-dp-world-oman-discuss-projects-next-phase</link>
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		<dc:creator><![CDATA[IFM Correspondent]]></dc:creator>
		<pubDate>Tue, 12 May 2026 00:02:59 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Logistics and Cargo]]></category>
		<category><![CDATA[Al Buraimi Governorate]]></category>
		<category><![CDATA[Al Rawdah Economic Zone]]></category>
		<category><![CDATA[Dp World]]></category>
		<category><![CDATA[Jebel Ali Port]]></category>
		<category><![CDATA[Oman]]></category>
		<category><![CDATA[OPAZ]]></category>
		<category><![CDATA[SEZ]]></category>
		<category><![CDATA[Sohar Port]]></category>
		<category><![CDATA[Special Economic Zone]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=55951</guid>

					<description><![CDATA[<p>The Al Rawdah Special Economic Zone is being developed close to the UAE-Oman border, with direct connectivity to Sohar Port and Jebel Ali Port</p>
<p>The post <a href="https://internationalfinance.com/logistics-and-cargo/al-rawdah-sez-focus-dp-world-oman-discuss-projects-next-phase/">Al Rawdah SEZ in focus as DP World, Oman discuss project&#8217;s next phase</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The Al Rawdah Special Economic Zone, a strategic cross-border project in Oman’s Al Buraimi Governorate developed by DP World and OPAZ (Public Authority for Special Economic Zones and Free Zones) to boost trade, logistics, and manufacturing, hit the news again, as DP World hosted a high-level Omani delegation to review the initiative&#8217;s progress.</p>
<p>Qais bin Mohammed Al Yousef, Chairman of OPAZ, led the visiting delegation, which was hosted by Essa Kazim, Group Chairman of DP World, alongside Group Chief Executive Officer (CEO) Yuvraj Narayan and senior leadership from DP World GCC, including Chief Executive Officer and Managing Director Ahmed Yousef Al-Hassan.</p>
<p>The delegation met in Dubai and also visited the Al Rawdah Special Economic Zone site in Al Buraimi Governorate, where discussions centred around the latest project milestones and the subsequent infrastructure development.</p>
<p>&#8220;The Al Rawdah Special Economic Zone is being developed close to the UAE-Oman border, with direct connectivity to Sohar Port and Jebel Ali Port. The zone is expected to attract investment across logistics, warehousing, light manufacturing, food processing, pharmaceuticals, medical supplies, plastics, mining and industrial services to support the industrial objectives of Dubai Economic Agenda D33 and Oman Vision 2040,&#8221; reported TradeArabia.</p>
<p>&#8220;The Al Rawdah Special Economic Zone will support investment, drive industrial growth and strengthen regional supply chains. Our regular engagement with OPAZ reflects the close coordination that defines this partnership and our commitment to delivering a world-class economic zone that creates real opportunities for business and lasting economic value for the Sultanate of Oman and the UAE,&#8221; Kazim said.</p>
<p>&#8220;The Al Rawdah Special Economic Zone is an important project that reflects the strength of economic cooperation between the Sultanate of Oman and the UAE. Through our discussions with DP World, we reviewed practical models for enhancing the competitiveness of economic zones, supporting supply chains and attracting quality investments. We look forward to continued progress in developing Al Rawdah as a competitive platform for growth and investment,&#8221; Al Yousef, the OPAZ Chairman, remarked.</p>
<p>The post <a href="https://internationalfinance.com/logistics-and-cargo/al-rawdah-sez-focus-dp-world-oman-discuss-projects-next-phase/">Al Rawdah SEZ in focus as DP World, Oman discuss project&#8217;s next phase</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>DP World to delist from Nasdaq Dubai to focus on long-term strategy</title>
		<link>https://internationalfinance.com/featured/dp-world-delist-nasdaq-dubai-focus-long-term-strategy/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=dp-world-delist-nasdaq-dubai-focus-long-term-strategy</link>
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		<dc:creator><![CDATA[Bharath Kumar]]></dc:creator>
		<pubDate>Tue, 18 Feb 2020 11:56:28 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Shipping and Ports]]></category>
		<category><![CDATA[Dp World]]></category>
		<category><![CDATA[Dubai World]]></category>
		<category><![CDATA[Jebel Ali Port]]></category>
		<category><![CDATA[Nasdaq Dubai]]></category>
		<category><![CDATA[Port and Free Zone World]]></category>
		<category><![CDATA[port operator]]></category>
		<category><![CDATA[UAE ports]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=32381</guid>

					<description><![CDATA[<p>Parent company Port and Free Zone World will acquire DP World’s 19.55 percent shares traded on the exchange</p>
<p>The post <a href="https://internationalfinance.com/featured/dp-world-delist-nasdaq-dubai-focus-long-term-strategy/">DP World to delist from Nasdaq Dubai to focus on long-term strategy</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><span style="font-weight: 400;">DP World has announced delisting plans from Nasdaq Dubai following its parent company’s proposal to acquire 19.55 percent of its listed shares. The DP World shares that are part of the delisting plan and are traded on the exchange will be acquired for $16.75 a share. Port and Free Zone World is the parent company of DP World. </span></p>
<p><span style="font-weight: 400;">DP World will be fully owned by Port and Free Zone World upon completion of the deal. Port and Free Zone World is a wholly-owned unit of Dubai World. </span></p>
<p><span style="font-weight: 400;">DP World is delisting to shift focus on its long-term strategy of becoming the leading logistics provider globally. Port and Free Zone World already holds 80.55 percent of DP World’s share capital. It will pay the port operator $5.15 billion to clear any outstanding debt to lenders. </span></p>
<p><span style="font-weight: 400;">It is reported that Port and Free Zone World will finance the transaction with the help of Citibank and Deutsche Bank. The two banks have played a significant role in advising Port and Free Zone on the deal. </span></p>
<p><span style="font-weight: 400;">DP World operates 48 marine terminals and 13 port developments in over 30 countries. It is headquartered in Jebel Ali Port in Dubai. </span></p>
<p><span style="font-weight: 400;">Yuvraj Narayan, group chief financial, strategy and business officer of DP World, said in a statement, “Delisting from Nasdaq Dubai is in the best interest of the company, enabling it to execute its medium to long-term strategy &#8230; In contrast, public markets typically hold a short-term view. As a result of this gap, the DP World strategy is not fully appreciated by the equity markets, and consequently is not reflected in the company’s share price performance.”</span></p>
<p>The post <a href="https://internationalfinance.com/featured/dp-world-delist-nasdaq-dubai-focus-long-term-strategy/">DP World to delist from Nasdaq Dubai to focus on long-term strategy</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>DP World&#8217;s India-UAE Bridge hopes to attract investments to flagship port</title>
		<link>https://internationalfinance.com/ports-and-shipping/dp-worlds-india-uae-bridge-hopes-attract-investments-flagship-port/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=dp-worlds-india-uae-bridge-hopes-attract-investments-flagship-port</link>
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		<dc:creator><![CDATA[International Finance Desk]]></dc:creator>
		<pubDate>Thu, 04 Jul 2019 07:01:53 +0000</pubDate>
				<category><![CDATA[Ports and Shipping]]></category>
		<category><![CDATA[Dp World]]></category>
		<category><![CDATA[Jebel Ali Port]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=25817</guid>

					<description><![CDATA[<p>The solution is a collaboration between DP World, Jafza and the Indian Business and Professional Council</p>
<p>The post <a href="https://internationalfinance.com/ports-and-shipping/dp-worlds-india-uae-bridge-hopes-attract-investments-flagship-port/">DP World&#8217;s India-UAE Bridge hopes to attract investments to flagship port</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><span style="font-weight: 400;">DP World has launched a new initiative called </span><i><span style="font-weight: 400;">India-UAE Bridge </span></i><span style="font-weight: 400;">in an effort to bring Indian trade and investments to Jebel Ali Port. Media reports said that according to the company statement the port operator created the initiative by offering end-to-end solutions to companies and entrepreneurs in India. </span></p>
<p><span style="font-weight: 400;">The solution is a collaboration between DP World, Jafza and the Indian Business and Professional Council. The proposed solutions integrate DP World’s assets in both countries. Through the initiative, investors will receive the necessary support to access markets on a global scale. </span></p>
<p><span style="font-weight: 400;">Also, another significant objective of the initiative is to encourage talented Indians to explore the Middle East markets with their entrepreneurial ideas and established businesses. </span></p>
<p><span style="font-weight: 400;">CEO and Managing Director, DP World, UAE Region and CEO of Jafza Mohammad Al Muallem</span><span style="font-weight: 400;"> told <em>Gulf News</em>, “Under The India-UAE Bridge, synergies between DP World, UAE Region and India and the ports and logistics capabilities in both the countries, we will be able to offer integrated supply chain solutions to businesses through our unique end-to-end solutions.”</span></p>
<p><span style="font-weight: 400;">The initiative was announced during an event attended by the Ambassador of India to UAE Navdeep Suri,  Mohammad Al Muallem, CEO and Managing Director, DP World, and President of the Executive Committee, IBPC Nimish Makvana.</span></p>
<p><span style="font-weight: 400;">This is not the first time for India to partner with Dubai on initiatives. India is Dubai’s second-largest trading partner. Natalia Sycheva, manager, entrepreneurship department of Dubai Chamber of Commerce said that India was the ‘first choice’ when Dubai decided to launch a programme to attract overseas startups. </span></p>
<p><span style="font-weight: 400;">These Indian startups are expected to transform Dubai’s construction, logistics, technology, and retail sectors. </span></p>
<p>The post <a href="https://internationalfinance.com/ports-and-shipping/dp-worlds-india-uae-bridge-hopes-attract-investments-flagship-port/">DP World&#8217;s India-UAE Bridge hopes to attract investments to flagship port</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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