DP World profits slide in 2009
Dubai's port operator DP World announced on Wednesday a 46.3-per cent slide in 2009 profits compared with the previous year, saying however the earnings were better than expected.
Virgin Hyperloop One names Richard Branson chairman, raises $50 mn
This investment brings the total financing raised by Virgin Hyperloop One to $295 million since its founding in 2014.
Russian Sovereign Fund to invest in Indian infrastructure
RDIF will sign two key deals at this annual summit one deal with NIIF ; second deal...
DP World becomes third-largest ports company
Dubai Port World (DP World) has become the world's third-biggest ports operator with 50 terminals and 11 new developments across 31 countries.
Prices of new season black tea slips on carry-over stock
The carry over stock of tea from 2018 is around 50 million kg.
Dubai-based DP World to develop JNPT’s Rs 600-crore terminal
DP World has won the contract to develop the Jawaharlal Nehru Port Trust’sRs 600-crore container terminal in Navi Mumbai.
Jammu and Kashmir, Dubai Ports form JV for developing inland hubs
Sultan Ahmed Bin Sulayem and his team held separate meetings with Finance Minister Haseeb Drabu and Industries Minister Chander Parkash Ganga, followed by delegation level parleys with the concerned ministers and officials.
Belgium's Pieters running on empty ahead of World Cup of Golf
GOLF-EUROPEAN-PIETERS:Belgium's Pieters running on empty ahead of World Cup of Golf
Golf-Belgium's Pieters running on empty ahead of World Cup of Golf
GOLF-EUROPEAN/PIETERS:Golf-Belgium's Pieters running on empty ahead of World Cup of Golf
Virgin Hyperloop One revamps board; director arrested
A fourth board member, Russian billionaire Ziyavudin Magomedov, was arrested in Moscow on charges of fraud and embezzlement unrelated to Hyperloop.
India and UAE share a vibrant relationship: PM Modi
PM Narendra Modi inaugurated Bochasanwasi Shri Akshar Purushottam Swaminarayan Sanstha (BAPS) Temple project.
Jawaharlal Nehru Port Trust handles 3.9 lakh TEUs of container traffic in November
The port registered a 5.76 per cent growth in container handling during April-November 2017 as compared to the same period last year.
Crisis may hit DP World's India plan
Dubai-based port operator DP World, which had planned to invest $12 bn in Indian container terminal industry, may struggle to do so because of the travails of its parent, Dubai World, the heavily indebted holding company of the Dubai government.
A ride on Branson's 1st India Hyperloop may cost less than Rs 10,000
“We are in the process of price modeling. We want to keep fares as low as possible to stimulate demand but not so cheap that will drive away financial or private investors from the project.”
Dubai's DP World sells 75 per cent Australia stake
Dubai ports operator DP World said Wednesday it has agreed to sell 75 percent of its stake in DP World Australia for 1.5 billion US dollars, as its debt-laden parent firm vies to reduce it liabilities.
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