Sulayem said that he believes financial institutions are becoming increasingly cautious and taking measures such as tightening lending in reaction to trade tensions, which is likely to negatively impact growth in emerging markets.
The first quarter witnessed a continuation of the recovery in global trade and all three regions delivered growth, especially DP World’s terminals in Europe, Middle East & Africa and Australia.
DP World is pushing for its Jebel Ali Free Zone (JAFZA) to become a manufacturing and research hub for the pharmaceutical industry, Sultan Bin Sulayem, chairman and CEO of DP World, said ahead of Arab Health 2018 Conference and Exhibition.
Dubai port operator committed to deal with the Russian Direct Investment Fund signed two years ago
P&O Ports has won a 30-year concession for the management and development of a multi-purpose port project at Bosasso in the Puntland State of Somalia.