Latest news with #MinaAlHamriya
Hi Dubai
03-03-2025
- Automotive
- Hi Dubai
DP World Sets New Record with 1.3 Million Vehicles Handled in Dubai Terminals
DP World achieved a groundbreaking milestone in 2024, processing a record 1.3 million vehicles across its Dubai terminals, marking a 53.6% increase from the previous year and the highest in the company's history. The majority of this volume was handled at Jebel Ali Port, which processed nearly 960,000 units, further solidifying its position as the region's leading automotive hub. The remaining vehicles were managed at Mina Al Hamriya and Mina Rashid. The remarkable growth highlights the rising demand for vehicle imports and exports in the Gulf region, with China emerging as the top trading partner, contributing almost 25% of the total volume. Japan, Korea, and India followed as key contributors. With the automotive landscape shifting towards electric vehicles (EVs), driven by projections of EVs surpassing internal combustion engine vehicles by 2036, DP World is positioning itself as a critical player in supporting sustainable mobility. China's dominance in EV manufacturing is reshaping global supply chains, creating new opportunities for Dubai as a strategic logistics hub. Abdulla bin Damithan, CEO and Managing Director of DP World GCC, emphasized Dubai's growing role as a global automotive hub. 'The automotive industry is a powerful catalyst for economic growth – creating employment, attracting foreign investment, and stimulating local businesses.' He reiterated DP World's commitment to developing state-of-the-art infrastructure to meet the rising demand. DP World's integrated logistics facilities, including Jebel Ali Port and Jafza free trade zone – home to over 930 automotive and spare parts companies – play a vital role in supporting the global automotive supply chain. This vision aligns with Dubai's D33 Economic Agenda, which aims to double the city's economy by 2033, reinforcing DP World's pivotal role in driving economic growth and innovation in the region. News Source: Emirates News Agency
Zawya
02-03-2025
- Automotive
- Zawya
DP World sets new record in 2024 handling 1.3mln vehicles
DP World, a global leader in logistics and supply chain solutions, has achieved a new milestone last year handling a record 1.3 million vehicles across its terminals in Dubai. This marks a 53.6% increase from the previous year and the highest in the company's history. This record-breaking performance underscores the strong growth in the automotive industry and DP World's pivotal role in facilitating vehicle imports and exports in the Gulf region, said a statement from DP World. DP World has announced that its flagship Jebel Ali Port accounted for the majority of this volume, handling nearly 960,000 units, reinforcing its position as the region's premier automotive hub. The remainder were handled at Mina Al Hamriya and Mina Rashid. China emerged as the top trading partner, contributing nearly 25% of vehicle volumes, followed by Japan, Korea and India. The global automotive landscape is undergoing a major transformation, with electric vehicles (EVs) projected to surpass traditional internal combustion engine vehicles by 2036. Given that China manufactures more than half of the world's EVs, the global supply chain is evolving to support this new shift towards sustainable mobility. The efficiency of electric power combined with the reliability of traditional engines has also contributed to the rise of hybrid vehicles worldwide. These developments present substantial opportunities for markets like Dubai to position themselves as critical enablers in this transition. Abdulla Bin Damithan, the CEO & Managing Director of DP World GCC, said: "Dubai's emergence as a global automotive hub offers immense potential for markets in Asia and Europe, with positive ripple effects on our local economy." The automotive industry is a powerful catalyst for economic growth - creating employment, attracting foreign investment and stimulating local businesses. DP World said it was committed to developing the necessary infrastructure to support this growth. The group's state-of-the-art logistics hubs like Jebel Ali Port and free trade zones like Jafza – home to more than 930 automotive and spare parts companies – are integral to our global automotive supply chains strategy. "This vision aligns with global projections for passenger vehicles sales, which are expected to grow from 94.7 million in 2024 to 109 million by 2030," stated Damithan. Jebel Ali Port's capacity of one million car equivalent units, the development of the world's largest and most advanced car market, spanning 20 million sq ft, and the expansion of Mina Al Hamriya underscore DP World's commitment to meeting growing demand and supporting Dubai's D33 Economic Agenda of doubling the size of the economy, he added. -TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Arabian Business
01-03-2025
- Automotive
- Arabian Business
Dubai automotive hub booming as DP World transported record 1.3m vehicles in 2024
DP World achieved a new milestone in 2024, handling a record 1.3m vehicles across its terminals in Dubai. This marks a 53.6 per cent increase from the previous year and is the highest in the company's history. DP World's flagship, Jebel Ali Port, accounted for the majority of this volume, handling nearly 960,000 units, reinforcing its position as the region's premier automotive hub. DP World Dubai automotive hub The remainder were handled at Mina Al Hamriya and Mina Rashid. This record-breaking performance underscores the strong growth in the automotive industry and DP World's pivotal role in facilitating vehicle imports and exports in the Gulf region. China emerged as the top trading partner, contributing nearly 25 per cent of vehicle volumes, followed by Japan, Korea and India. The global automotive landscape is undergoing a major transformation, with electric vehicles (EVs) projected to surpass traditional internal combustion engine vehicles by 2036. Given that China manufactures more than half of the world's EVs, the global supply chain is evolving to support this new shift towards sustainable mobility. Abdulla bin Damithan, CEO and Managing Director of DP World GCC, said: 'Dubai's emergence as a global automotive hub offers immense potential for markets in Asia and Europe, with positive ripple effects on our local economy. 'The automotive industry is a powerful catalyst for economic growth – creating employment, attracting foreign investment and stimulating local businesses.' He reaffirmed DP World's commitment to developing the necessary infrastructure to support this growth. Bin Damithan added: 'Our state-of-the-art logistics hubs like Jebel Ali Port and free trade zones like Jafza, home to more than 930 automotive and spare parts companies, are integral to our global automotive supply chains strategy'. This vision aligns with global projections for passenger vehicle sales, which are expected to grow from 94.7m in 2024 to 109m by 2030. Jebel Ali Port's capacity of one million car equivalent units, the development of the world's largest and most advanced car market, spanning 20 million square feet, and the expansion of Mina Al Hamriya underscore DP World's commitment to meeting growing demand and supporting Dubai's D33 Economic Agenda of doubling the size of the economy.
Dubai Eye
28-02-2025
- Automotive
- Dubai Eye
DP World sets UAE automotive record in 2024
DP World achieved a new milestone in 2024, handling a record 1.3 million vehicles across its terminals in Dubai. It marks a 53.6 per cent increase from the previous year and is the highest in the company's history. DP World's flagship, Jebel Ali Port, accounted for the majority of this volume, handling nearly 960,000 units, reinforcing its position as the region's premier automotive hub. The remainder were handled at Mina Al Hamriya and Mina Rashid. This record-breaking performance underscores the strong growth in the automotive industry and DP World's pivotal role in facilitating vehicle imports and exports in the Gulf region. China emerged as the top trading partner, contributing nearly 25 per cent of vehicle volumes, followed by Japan, Korea and India. The global automotive landscape is undergoing a major transformation, with electric vehicles (EVs) projected to surpass traditional internal combustion engine vehicles by 2036. Given that China manufactures more than half of the world's EVs, the global supply chain is evolving to support this new shift towards sustainable mobility. Abdulla bin Damithan, CEO and Managing Director of DP World GCC, said, "Dubai's emergence as a global automotive hub offers immense potential for markets in Asia and Europe, with positive ripple effects on our local economy. The automotive industry is a powerful catalyst for economic growth – creating employment, attracting foreign investment and stimulating local businesses." He reaffirmed DP World's commitment to developing the necessary infrastructure to support this growth. "Our state-of-the-art logistics hubs like Jebel Ali Port and free trade zones like Jafza – home to more than 930 automotive and spare parts companies – are integral to our global automotive supply chains strategy," bin Damithan added. This vision aligns with global projections for passenger vehicle sales, which are expected to grow from 94.7 million in 2024 to 109 million by 2030. Jebel Ali Port's capacity of one million car equivalent units, the development of the world's largest and most advanced car market, spanning 20 million square feet, and the expansion of Mina Al Hamriya underscore DP World's commitment to meeting growing demand and supporting Dubai's D33 Economic Agenda of doubling the size of the economy.
Emirates 24/7
28-02-2025
- Automotive
- Emirates 24/7
DP World sets automotive record in UAE, handling over 1 million vehicles in 2024
DP World achieved a new milestone in 2024, handling a record 1.3 million vehicles across its terminals in Dubai. This marks a 53.6 percent increase from the previous year and is the highest in the company's history. DP World's flagship, Jebel Ali Port, accounted for the majority of this volume, handling nearly 960,000 units, reinforcing its position as the region's premier automotive hub. The remainder were handled at Mina Al Hamriya and Mina Rashid. This record-breaking performance underscores the strong growth in the automotive industry and DP World's pivotal role in facilitating vehicle imports and exports in the Gulf region. China emerged as the top trading partner, contributing nearly 25 percent of vehicle volumes, followed by Japan, Korea and India. The global automotive landscape is undergoing a major transformation, with electric vehicles (EVs) projected to surpass traditional internal combustion engine vehicles by 2036. Given that China manufactures more than half of the world's EVs, the global supply chain is evolving to support this new shift towards sustainable mobility. Abdulla bin Damithan, CEO and Managing Director of DP World GCC, said, "Dubai's emergence as a global automotive hub offers immense potential for markets in Asia and Europe, with positive ripple effects on our local economy. The automotive industry is a powerful catalyst for economic growth – creating employment, attracting foreign investment and stimulating local businesses." He reaffirmed DP World's commitment to developing the necessary infrastructure to support this growth. "Our state-of-the-art logistics hubs like Jebel Ali Port and free trade zones like Jafza – home to more than 930 automotive and spare parts companies – are integral to our global automotive supply chains strategy," bin Damithan added. This vision aligns with global projections for passenger vehicle sales, which are expected to grow from 94.7 million in 2024 to 109 million by 2030. Jebel Ali Port's capacity of one million car equivalent units, the development of the world's largest and most advanced car market, spanning 20 million square feet, and the expansion of Mina Al Hamriya underscore DP World's commitment to meeting growing demand and supporting Dubai's D33 Economic Agenda of doubling the size of the economy. Follow Emirates 24|7 on Google News.
