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DP World doubles down on commitment to dispute ownership of Djibouti’s Doraleh terminal
DP World has held a 33.3% stake in the DCT company operating Doraleh since 2006
TODAY: US-based Coupa opens its first data center in Dubai + Dubai Aerospace Enterprise secures USD 420 mn loan from CCB
What we’re tracking this morning regionally and around the world
DP World’s net income drops 17.7% in 2023 amid heightened costs
The company saw its revenues rise 6.6% y-o-y on the back of the consolidation of its African subsidiary Imperial Logistics…
DP World invests USD 50 mn to develop a new South Korean logistics center
Construction on the DP World Busan Logistics Centre is slated to begin at the end of the year
DP World report calls on countries to adopt paperless trade and SWs
Fully integrating cross-border paperless trade is forecasted to boost global trade by as much as USD 1 tn per year…
DP World adds 100+ offices to its global freight forwarding network
The network looks to eventually assist in the movement of some 90% of the world’s trade
DP World is close to securing a USD 422 mn facility from Indian banks
The facility will be co-financed by India’s NaBFID and Axis Bank
Antwerp-Bruges Port ordered to pay EUR 41.3 mn in damages to DP World
The full payout, which will also factor costs and interest, could reach EUR 100 mn
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