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DP World will begin construction of a $1.13 billion deep-water port at Ndayane, around 50 km (31 miles) south of the Senegalese capital Dakar after leader of the African country Macky Sall laid Monday the foundation stone. DP World Dakar, Read more
Sultan Ahmed bin Sulayem has been appointed new chairman of high tech venture, Virgin Hyperloop One, in replacement of British billionaire and investor Sir Richard Branson who threw in the towel last month. Bin Sulayem currently heads Dubai-based global marine Read more
Dubai-based DP World has acquired the entire shares of Danish logistics firm Unifeeder Group, as part the port operator’s expansion move. The deal signed Tuesday cost the DP World (DPW.DI) the tune of 660 million Euros (762.6 million USD), Reuters Read more