Dubai / WAM DP World generated a cash flow of $1.43 billion (AED 5.3 billion) as at December 31, 2015, in spite of the global economic slowdown and world trade slump. The strong cash generation is due to the Group’s ambitious expansion plan and growth of its portfolio of global terminals and business volumes, particularly in Mumbai in India and ...

Dubai / WAM Mohammed bin Rashid Space Centre (MBRSC) signed a Memorandum of Understanding with DP World, aimed at developing an organizational framework on means of cooperation and coordination, and the exchange of information, scientific data and expertise, and human resources consistent with the UAE’s strategy and public interest. According to the MoU, MBRSC will assess and provide current and ...

Dubai / WAM A gathering of global technology leaders at this week’s Internet of Things Expo (IoTX) at Dubai World Trade Centre (DWTC) believe a combination of hyper connectivity, supercomputing, cloud computing, smart technologies and cyber security will make the Internet of Things (IoT) sector the single largest market opportunity for global businesses by the turn of the decade. “IoT ...