Virgin Hyperloop One CEO Jay Walder says the price of a ticket will be comparable to urban rail systems
American-Emirati consortium will start procuring for Phase 1 after state CM's approval, with Dubai's DP World to invest $500m
Two separate sources confirm that Suria Cap is in negotiations with DP World
Earlier this month, DP World agreed to acquire Dubai-based oil services company Topaz Energy and Marine from Muscat-based Renaissance Services and Standard Chartered's private equity arm
Commencement of works on the 3.6km2 facility in East Java is imminent, with operations due to begin in H1 2022
Strong performance across Asia Pacific, Indian Subcontinent and Africa drove growth in Q2 2019, but weaker volumes in the UAE and Australia offset this trend, with volumes falling 7.4% in the UAE during the first six months of the year, compared to the same period last year.
DP World now has sukuk and conventional bond listings on Nasdaq Dubai totalling $8.09bn
Shipping lines and port operators across the UAE have been functioning normal, with no cancellations or major changes in schedules of cargo shipping lines due to escalating US-Iran tension in the region, according to several executives.
The smart digital platform Digital Silk Road uses blockchain technology to increase the transparency and efficiency of supply chains through a comprehensive automation process in an attempt to reshape the global trading system and eliminate trade barriers.
The world’s fourth-largest port operator may kick off the sale as early as this week and is likely to raise an Islamic bond, or sukuk.
The design of the system enables containers to be stored up to eleven stories high, delivering the capacity of a conventional terminal in a third of the surface area
DP World has launched The India-UAE Bridge initiative which aims to attract Indian trade and investments to its flagship Jebel Ali Port and Free Zone
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