Register for our free newsletter

 
 
Latest News

DP World

DP world - Port activity

DP World sales stake in Russian firm

The transaction is expected to close later this week, DP World said in a statement to Nasdaq Dubai.

October 22, 2012 10:40
 
200-dp-world

DP world’s H1 profit flat, cites global climate

Dubai's DP World, the world's third largest port operator, reported flat profits for the first half of this year, citing an uncertain global economic climate.

August 29, 2012 10:07
 
DP World to repay $3B October loan early with cash

DP World to repay $3B October loan early with cash

Repayment to take place between April 4 to 10; Operator's cash balance will be $1.2 billion after repayment; DP World cancels $2 bln existing revolving credit facility

March 26, 2012 9:12
 
Dubai’s DP World in talks for $1B loan

Dubai’s DP World in talks for $1B loan

Dubai's DP World is in talks with banks for a $1-billion syndicated loan to replace its existing $3-billion deal that matures in October, bankers said.

February 22, 2012 12:54
 
Labour strikes shut Dubai’s DP World port in Egypt

Labour strikes shut Dubai’s DP World port in Egypt

Dubai's port operator DP World shut down its Ain al-Sokhna port in Egypt for the second day on Monday because of labour strikes that have disrupted shipments, an official at the Red Sea port authority said.

February 14, 2012 2:44
 
DP World sees 2011 earnings in line with expectations

DP World sees 2011 earnings in line with expectations

Full year gross volumes rise 10 pct; Volumes at consolidated terminals down to 27.4 mln TEUs; Says will achieve full year EBITDA in line with expectations

January 31, 2012 2:40
 
DP World sells stake in container services firm

DP World sells stake in container services firm

DP World, the world's third-largest port operator, sold its 34 percent stake in UK-based Tilbury Container Services Ltd for $75.48 million, it said in a statement on Thursday.

January 26, 2012 1:54
 

Unit of Dubai’s DP World to run Canadian port

DP World warned in October of tough conditions for its customers in 2012, but said it would achieve throughput growth of more than 7 percent in the year.

January 5, 2012 3:56
 

Dubai’s Shuaa plans more job cuts after Q3 loss

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 to spend $330M on port expansion

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