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DP World reports 7.6% gross volume growth in Q4 2020

DUBAI / WAM DP World Limited has announced that it handled 19.1 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in Q4 2020, with gross container volumes increasing by 7.6 percent year-on-year on a reported basis and up 6.5% on a like-for-like basis. On a Fiscal Year (FY) 2020 basis, DP World handled 71.2 million TEU, ...

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Sole Establishments see robust activity in UAE

ABU DHABI / WAM The increased issuance of Sole Establishment licences in the UAE continued in the first month of 2021, underscoring the robust activity of the sector, which recently attracted many investors from both inside the country and abroad. The National Economic Register’s recent figures show that relevant authorities issued over 4,000 new licences for Sole Establishment around the ...

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UAE leaders offer condolences on death of Saudi prince’s mother

ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has expressed his condolences to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud of Saudi Arabia, on the death of the mother of Prince Abdul Rahman bin Faisal bin Saud bin Abdulaziz Al Saud. HH Sheikh Mohammed bin Rashid Al Maktoum, Vice ...

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