Shuaa Capital, the Dubai-based investment bank struggling to boost revenues, plans "significant" job cuts as part of the second phase of the cost savings program it launched this year.
November 20, 2011 11:25
Djibouti’s port, run by Dubai’s DP World, plans to spend $330 million on expanding its port, an exercise that is expected to be complete by 2014 and to increase the cargo throughput, its port authority said.
October 11, 2011 10:36
Dubai port operator DP World has reopened its Ain al-Sokhna port in Egypt after a temporary shutdown caused by labour strikes, the head of the Red Sea Ports Authority said on Monday.
September 26, 2011 2:27
"DP World Limited has been advised that Port & Free Zone World FZE has refinanced its outstanding $850 million debt facility secured in part against certain of its shares in DP World," the statement said.
September 22, 2011 3:46