logo
DP World Invests $2.5 Billion to Expand Global Logistics Network Across Four Continents

DP World Invests $2.5 Billion to Expand Global Logistics Network Across Four Continents

Hi Dubai20-05-2025
DP World is investing $2.5 billion in 2025 to expand its global logistics network, launching major infrastructure projects across India, Africa, South America, and Europe in a bid to meet surging demand for more resilient and integrated supply chain solutions.
The Dubai-based logistics giant is rolling out four large-scale developments that will significantly boost capacity and enhance connectivity across its ports and logistics infrastructure. The move strengthens DP World's role as a key enabler of global trade, despite ongoing uncertainty in the global economy.
Chairman and Group CEO Sultan Ahmed bin Sulayem said the investment reflects confidence in the long-term growth of global trade. 'We are building a unique array of assets and capabilities that help customers stay competitive, support local economies, and enable global access,'
he said.
In India, construction has begun on a $510 million terminal at Tuna Tekra in Gujarat, which will handle 2.19 million TEU annually and connect India's interior to international markets through road and rail.
In Africa, DP World is developing two major ports: a 450,000 TEU deep-sea terminal in the Democratic Republic of Congo and a 1.2 million TEU port in Ndayane, Senegal, backed by an initial $830 million investment.
In South America, a $140 million expansion at Ecuador's Port of Posorja will allow two post-Panamax vessels to dock simultaneously.
In Europe, the company is injecting $1 billion into the London Gateway logistics hub, adding new berths, a second rail terminal, and 400 new jobs. The project supports the UK's ambitions as a leading trade gateway.
The expansion aligns with DP World's strategy to offer end-to-end logistics services, backed by a growing global network of over 240 freight forwarding offices.
News Source: Emirates News Agency
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Dubai's Wasl offers first-time buyers rare chance with new South Garden homes
Dubai's Wasl offers first-time buyers rare chance with new South Garden homes

Arabian Business

time2 hours ago

  • Arabian Business

Dubai's Wasl offers first-time buyers rare chance with new South Garden homes

A new Dubai real estate development will offer first-time buyers priority access to homes in its latest project. In line with the Dubai First-Time Home Buyer (FTHB) program, a substantial share of the newly released residential units in South Garden Buildings D and E will be reserved for eligible first-time buyers. The move underscores Wasl's contribution to the initiative and supports the Dubai Real Estate Strategy 2033, which aims to boost homeownership rates across the emirate. First-time property buyers in Dubai The new release follows the rapid 48-hour sellout of South Garden's initial phase in 2024. Buildings D and E will add a curated selection of studios, one-, two-, and three-bedroom apartments at Wasl Gate, a freehold master development in Jebel Ali. Strategically located with direct Metro access and close to Festival Plaza Mall, the project combines connectivity and tranquillity. Amenities include a private gated zen garden, reflecting Wasl's commitment to delivering communities that offer long-term value for both residents and investors. As part of its partnership with the Dubai Land Department (DLD) and the Dubai Department of Economy and Tourism (DET), Wasl will provide registered first-time buyers with exclusive early access to units, along with tailored incentives such as discounted pricing. While some units will be allocated to the wider public, demand is expected to be strong given the project's track record of rapid sellouts. Mohamed Al Bahar, Director of Business Development at Wasl Group, said: 'The fact that so many are choosing to buy their first home through Wasl speaks volumes. It reflects not only the strength of our communities, but the trust we've earned to deliver quality, opportunity and value in a competitive market. 'With this launch, we're reaffirming our role as a developer of purpose, supporting Dubai's evolving housing needs while giving first-time buyers a real chance to step onto the property ladder.' The South Garden expansion highlights Wasl's ongoing role in shaping Dubai's property market and its commitment to fostering greater homeownership opportunities across the city.

Air Canada flights cancelled: UAE travel update
Air Canada flights cancelled: UAE travel update

Arabian Business

time2 hours ago

  • Arabian Business

Air Canada flights cancelled: UAE travel update

Air Canada flights to the UAE and destinations around the world have faced major disruption as more than 10,000 cabin crew went on strike. The results were cancelled flights, travel disruption and delayed transport for passengers around the world. The airline carries an estimated 130,000 people daily, with scheduled flights carrying passengers from Dubai to Toronto. Air Canada flights cancelled Following negotiations between Air Canada and travel worker unions an agreement was announced on Tuesday, August 19 ending the suspended flights. However, days of travel disruption are still expected. Canada's largest carrier said it will gradually resume flights, but normal operations could take more than a week to resume. Air Canada said: 'Some flights will continue to be cancelled over the next seven to ten days until the schedule is stabilised. 'The airline's customers with cancelled flights can choose between a refund, travel credit, or rebooking on another airline. 'Air Canada said it will gradually restart its operations today after reaching a mediated agreement with the Canadian Union of Public Employees (CUPE) through a process overseen by a mutually agreed-to mediator, William Kaplan. Michael Rousseau, President and Chief Executive Officer of Air Canada, said: 'Mediation discussions were begun on the basis that the union commit to have the airline's 10,000 flight attendants immediately return to work, allowing the airline to resume the operations of Air Canada and Air Canada Rouge, which have been grounded since August 16. 'The suspension of our service is extremely difficult for our customers. We deeply regret and apologize for the impact on them of this labour disruption. Our priority now is to get them moving as quickly as possible. 'Restarting a major carrier like Air Canada is a complex undertaking. Full restoration may require a week or more, so we ask for our customers' patience and understanding over the coming days. I assure them that everyone at Air Canada is doing everything possible to enable them to travel soon,' said The first flights are scheduled for the evening of August 19, but customers are advised that the airline's return to full, regular service may require seven-to-ten days as aircraft and crew are out of position. During this process, some flights will be cancelled over the next seven to ten days until the schedule is stabilized. Only customers with confirmed bookings whose flights are shown as operating should go to the airport (check your flight's status on or on the Air Canada mobile app before going to the airport). Air Canada will offer options to those with cancelled flights, including obtaining a full refund or receiving a credit for future travel. The carrier will also offer to rebook customers on other airlines, although capacity is currently limited due to the peak summer travel season. Air Canada flight suspensions On August 18 a message on the Air Canada website said: 'Air Canada has suspended its plan to gradually resume operations, after CUPE illegally directed its flight attendant members not to return to work. 'Please do not go to the airport unless you have a confirmed booking on another airline. We will notify you of any impact to your flight itinerary. Additionally, you can check your flight's status online or on the mobile app. 'If you are booked to travel between August 15 and August 22 and would like to make alternate travel arrangements, you can change your flight for free if: 'You purchased an Air Canada ticket or redeemed points for an Aeroplan flight reward no later than August 17, 2025 'If you're scheduled to travel during this period, you can retrieve your booking to change to another Air Canada flight, for free on: Another date between August 23 and September 30, 2025 If you purchased a non-refundable fare, you may cancel your itinerary and receive the unused portion of your ticket in your AC Wallet or as a Future Travel Credit to use on your next Air Canada booking. If you purchased your ticket with Air Canada Vacations, please reach out to them directly 'Due to the volume of flight cancellations, we are also providing a full refund upon request for the unused portion of tickets purchased on or before August 15, 2025, for travel with Air Canada or Air Canada Rouge between August 18 and August 21, 2025. 'This does not include Air Canada Express flights operated by Jazz and PAL airlines, which will continue to operate as scheduled'.

Salt Bae's Dubai restaurant closed for major renovation
Salt Bae's Dubai restaurant closed for major renovation

Arabian Business

time2 hours ago

  • Arabian Business

Salt Bae's Dubai restaurant closed for major renovation

Salt Bae's Dubai restaurant is set to close for two months as it undergoes a 'complete renovation'. Nusr-Et Steakhouse, the internationally renowned restaurant group founded by celebrated chef and entrepreneur Nusret Gökçe – better known as Salt Bae, has announced a comprehensive renovation of its Dubai location as part of its 'Next Chapter' strategic growth initiative. The restaurant has closed its doors and is scheduled to reopen on October 15. Salt Bae restaurant in Dubai closed This development follows the successful transformation of the Bodrum and D-Maris locations earlier this summer and reflects the group's continued commitment to investing in both new openings in Milan, Mexico City, Ibiza, Rome and the enhancement of its existing portfolio worldwide. A statement from the restaurant said: 'As the most successful Nusr-Et location anywhere in the world, Dubai holds a special place in our story. 'At Nusr-Et, we regard every occasion shared with you as exceptional. Guided by our pursuit of excellence, we continually refine and elevate every element of the dining journey. 'In alignment with this vision, Nusr-Et Dubai will be temporarily closed from August 15 to October 15 2025 to facilitate a complete renovation. 'The project aims to enrich our ambiance, design, and overall guest experience, ensuring that each visit delivers an even more inspiring and memorable moment. 'During this period, we will be delighted to welcome and serve you at our restaurant in Dubai International Financial Centre (DIFC), where you can continue to enjoy our signature flavours and hospitality until the reopening of Nusr-Et Dubai. 'We look forward to welcoming you back on October 15, 2025, when our doors will reopen with a renewed design, revitalised atmosphere, and the signature Nusr-Et flair for which we are known. 'We are deeply grateful for your understanding, loyalty, and continued patronage during this brief intermission'.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store