DUBAI / WAM DP World Limited has announced the financial results for the year ended on December 31, 2023. On a reported basis, the company’s revenue grew by 6.6 percent to US$18.25 billion and adjusted EBITDA rose by 1.9 percent to $5.108 billion with a healthy adjusted EBITDA margin of 28.0 percent. The revenue growth was supported by Drydocks World ...

ABU DHABI / AD MEDIA OFFICE Abu Dhabi Global Market (ADGM) has declared 2023 as a year of success for the international financial centre of the UAE’s capital, highlighting its performance as the fastest-growing financial centre in the region for two consecutive years, as well as Abu Dhabi’s rise as a globally recognised financial hub. ADGM had a strong start ...

SEOUL / WAM South Korea and the United States have decided to step up development cooperation in Indo-Pacific and Africa, Yonhap news agency reported. Soutk Korea’s Second Vice Foreign Minister Kang In-sun held talks with the head of the U.S. Agency for International Development (USAID) to discuss ways to strengthen their partnership, according to Korean foreign ministry. During the meeting ...