DUBAI / WAM DP World and Türkiye’s Evyap Group have agreed to form a strategic equity partnership between DP World Yarimca Port and Evyap Port. The partnership aims at enhancing and growing trade infrastructure by focusing on improving container port facilities and enhancing efficiencies in the key Marmara gateway market. Following the completion of the transaction, DP World will own …

ABU DHABI / WAM Abu Dhabi University (ADU) has ranked the 13th best University globally, among the Top 20 Small Universities in the World, out of 81 academic institutions across 33 locations, by the Times Higher Education World University Rankings 2023 (THE). The ranking aligns with the university’s continuous endeavours to introduce competitive and accredited programmes that align with the …

BLOOMBERG Xpeng Inc’s shares soared after it agreed to buy Didi Global Inc’s smart-car development arm in a deal that both eliminates a potential competitor in the crowded electric-vehicle market and gives it a tech-savvy partner in a new venture. The HK$5.84 billion ($744 million) all-stock deal will see Didi emerge with a 3.25% stake in Xpeng, according to an …