What does DP World do?

What does DP World do?

It specialises in cargo logistics, port terminal operations, maritime services and free trade zones. Formed in 2005 by the merger of Dubai Ports Authority and Dubai Ports International, DP World handles 70 million containers that are brought in by around 70,000 vessels annually.

Who are shareholders in DP World?

DP World is ultimately owned by Dubai’s ruling royal family. The chairman and group chief executive is Sultan Ahmed bin Sulayem, who has long been near the heart of government; he chairs a government department that includes the Dubai customs workforce, and leads the Jebel Ali free zone authority.

Is DP World a listed company?

DP World Shares (Ticker: DPW) was listed on Dubai International Financial Exchange (DIFX) on 26 November 2007.

Why did DP World delisted?

A dual listing on the London Stock Exchange (LSE) followed on June 2011. However, due to weak trading volumes on the LSE, DP World delisted the shares from the LSE on January 2015 after shareholder approval. DP World delisted from Nasdaq Dubai in June 2020.

How many ports are in Dubai?

three shipping
There are a total of three shipping ports in Dubai, namely Jebel Ali Port, Mina Rashid Port Dubai and Al Hamriya Port Dubai. All three of the ports in Dubai seaport list carry out extensive cargo operations and contribute to the economy of the region.

Do DP World own P&O Cruises?

Formerly a public company, it was sold to DP World in March 2006 for £3.9 billion. DP World currently operate several P&O branded businesses, P&O Ferries, Istithmar P&O Estates, and P&O Maritime Logistics. It also operates P&O Heritage, which is the official historic archive and collection of P&O.

Is DP World linked to Russia?

DP World has already committed to invest $2 billion with the Russian Direct Investment fund, and we will continue to work with our partners in Russia to find solutions that allow the Northern Transit Corridor to develop sustainably.

Is DP World listed?

DP World Shares (Ticker: DPW) was listed on Dubai International Financial Exchange (DIFX) on 26 November 2007. DIFX was rebranded to Nasdaq Dubai on 18 November 2008 (www.nasdaqdubai.com).

How many countries do DP World operate in?

From our beginnings in 1972 as a local port operator in Dubai to a global logistics provider with operations in over 69 countries and across every continent.

  • September 24, 2022