DP World PLC News - Mubasher Info
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DP World PLC

Last update: 17 June 2020 01:56 PM market time.
Open 16.19
Previous Close 16.29
High 16.25
Low 16.19
Stock Statistics
Volume 2,806,046
Turnover 45,521,543.33
All data are 15 minutes late during market session


This is the fourth shipping line launched by MAWANI during 2020
23 June 2020 03:36 PM MAWANI launches shipping line connecting Jebel Ali, Jeddah, Sokhna
Riyadh – Mubasher: Saudi Ports Authority (MAWANI) has launched the fourth shipping line during 2020 in partnership with the Dubai-based provider of worldwide smart end-to-end supply chain logistics DP World, the Saudi Press Agency (SPA) reported …
Photo Archive
22 June 2020 03:14 PM Moody's assigns DP World's hybrid instruments 'Ba2' rating
Dubai – Mubasher: Moody's Investors Service (Moody's) has assigned DP World's proposed subordinated perpetual notes and DP World Salaam's Sukuk certificates the 'Ba2' rating, with a stable outlook, Reuters reported. The Moody's rating to …
The trading on DP World's shares was suspended
18 June 2020 10:04 AM Trading DP World shares suspended for acquisition deal
Dubai – Mubasher: Trading the shares of DP World on Nasdaq Dubai has been suspended starting Thursday, the Dubai Financial Services Authority (DFSA) disclosed in a recent statement. The trading suspension will enable the parent company Port and …
The acquisition aims to increase DP World's operations
11 June 2020 01:59 PM DP World acquires 51% of Ukrainian TIS container terminal
UAE – Mubasher: DP World has acquired a 51% stake in the TIS Container Terminal in Ukraine's Yuzhny Port, according to Dubai media office. The acquisition is the second partnership between DP World and the shareholders of TIS, as the world leader …
ttThe deal introduces Autonomous Internal Terminal Vehicles (AITV´s) to port operations
10 June 2020 09:40 AM DP World partners with DGWorld to raise Jebel Ali Port's efficiency
UAE - Mubasher: DP World UAE Region has inked an agreement with DGWorld to provide Jebel Ali Port with a fleet of Autonomous Internal Terminal Vehicles (AITV´s) to transport and load containers in the port. Under the signed contract, DGWorld, the …
DP World seeks to connect all its 82 container terminals with TradeLens
28 May 2020 01:42 PM DP World collaborates with TradeLens on global supply chain digitisation
Dubai – Mubasher: DP World on Thursday announced the completion of early integration with TradeLens, a blockchain-based digital container logistics platform, developed by A.P. Moller - Maersk and IBM, listed on the New York Stock Exchange (NYSE). …
Deli Foods Peru has inked an agreement with DP World
25 March 2020 09:46 AM DP World adds first company to Jafza's Latin American incubator
Dubai – Mubasher: Deli Foods Peru has inked an agreement with DP World to join the Latin American (LATAM) Incubation Centre at Jafza One, a commercial complex located at Jebel Ali Free Zone (Jafza). Under the agreement signed during Gulfood 2020, …
DP World's revenues surged by 36.1%
11 March 2020 10:34 AM DP World sees $1.34bn profits in 2019; dividends proposed
Dubai – Mubasher: DP World reported 0.6% profits to $1.341 billion in 2019, compared to $1.333 billion in 2018, according to the company’s financial results for 2019. The revenues of the world’s leading supply chain solutions surged by 36.1% to …
The development will be carried out in two phases
27 February 2020 05:30 PM SCZone, DP World agree to develop 10 km in Ain Sokhna
Cairo – Mubasher: Suez Canal Economic Zone (SCZone) has finalised negotiations with DP World for the establishment of a joint venture (JV) to develop 10 kilometres in Ain Sokhna, head of SCZone Yehia Zaki said. The development will be carried out …
DP World has acquired Fraser Surrey Docks
24 February 2020 03:29 PM DP World completes acquisition of Fraser Surrey Docks
Dubai – Mubasher: DP World has completed the acquisition of Canada’s Fraser Surrey Docks, the largest modern and multi-purpose marine terminal on the West Coast of North America, adding to its terminal operations in Canada. The Emirati company has …
DP World and the parent company will raise $9 billion debt
18 February 2020 01:16 PM Moody's reviewing DP World’s ratings for downgrade
Dubai – Mubasher: Moody's Investors Service has assigned on review DP World’s ‘Baa1’ long term issuer and senior unsecured ratings, as well as ‘(P)Baa1’ senior unsecured rating placed to the company’s Crescent Limited MTN programme. This …
DP World will be wholly owned by Port and Free Zone World
17 February 2020 04:26 PM DP World to delist from Nasdaq Dubai on shares acquisition
Dubai – Mubasher: DP World announced its delisting from Nasdaq Dubai after its parent company Port and Free Zone World has offered to acquire the 19.55% of the shares trading on the bourse. At a value of $16.75 per share, an agreement was reached …
The deal is pending regulatory approval
14 February 2020 02:49 PM DP World acquires majority stake in Ukrainian container terminal
UAE – Mubasher: Global trade enabler DP World has acquired a 51% stake in TIS Container Terminal in Ukraine’s Port of Yuzhny. The finalisation of the deal is pending the satisfaction of certain conditions, including regulatory approval, according …
Part of a signing ceremony
1 February 2020 07:50 PM DP World inks MoUs with Chinese company, Dubai South
UAE - Mubasher: Global trade enabler DP World has signed a memorandum of understanding (MoU) with China’s Zhejiang Zhidi Holding for the construction of a logistics hub to meet the rising demand for conventional and e-commerce services in Dubai. …
Breakbulk Middle East Exhibition
30 January 2020 01:35 PM DP World to host Breakbulk Middle East for second year in row
Dubai – Mubasher: DP World, UAE Region will host the fifth edition of Breakbulk Middle East (BBME), the largest project cargo and breakbulk event in the GCC, for the second year in a row. With the aim of strengthening the UAE’s position in …
This batch contains the largest cranes manufactured by China's ZPMC
16 December 2019 01:01 PM DP World Sokhna receives 1st batch of container cranes
Cairo – Mubasher: DP World Sokhna has received the ZHEN HUA 36 vessel with four container cranes (mobile cranes) on board, as a first batch of a total of 13 giant cranes.    The new cranes will be used in loading and unloading containers at the …
Contracts are set to be signed before year-end
13 December 2019 08:22 PM Saudi Mawani announces joint contracts with DP World, Red Sea Gateway
Riyadh – Mubasher: Saudi Arabia’s Supervisory Committee for Privatization of Transport Sector has approved signing concession contracts with global port operator DP World and regional port operator the Red Sea Gateway Terminal (RSGT) to develop …
MSC Bellissima will make 17 calls and spend 35 days in Dubai
11 December 2019 00:40 PM DP World, MSC Cruises ink long-term deal to promote tourism
Dubai – Mubahser: DP World has entered into a long-term agreement with MSC Cruises for preferential berthing rights at Mina Rashid in Dubai, strengthening the Geneva, Switzerland-based cruise line’s position as a top passenger cruise operator in …
CSCEC is building 20 towers in the new capital
9 December 2019 11:19 AM DP World Sokhna inks deal to be Egypt’s hub for Chinese construction materials
Dubai – Mubasher: DP World Sokhna signed a trilateral partnership agreement with China State Construction Engineering Corporation (CSCEC) and China Ocean Shipping Company Limited (COSCO). Under the deal, DP World Sokhna aims to be a hub for all …
Around 100,000 tourists are expected to arrive at Port Rashid during the year
8 December 2019 11:11 AM DP World boosts tourism via deal with MSC
Dubai – Mubasher: DP World signed a partnership agreement with the Mediterranean Shipping Company (MSC), a Swiss-Italian firm, to attract a million tourist to Dubai over the next five years. The parties have agreed to cut carbon emissions of MSC’s …
The transaction totals less than 1% of DP World’s NAV
4 December 2019 10:15 AM DP World’s unit acquires 77% stake in Feedertech Group
Dubai - Mubasher: DP World said that its fully-owned subsidiary, Unifeeder, has acquired a majority stake of 77% in Feedertech Group, a Singapore-based feeder and shortsea operator. The transaction totals less than 1% of DP World’s net asset …
DP World has total sukuk listing worth $64.3 billion
25 November 2019 00:42 PM Nasdaq Dubai celebrates $2.3bn sukuk, bond listings by DP World
UAE – Mubasher: DP World’s group chairman and CEO, Sultan Ahmed bin Sulayem, has rung Nasdaq Dubai market opening bell to celebrate listings of sukuk and bonds at a value of $2.3 billion. DP World will use the returns to boost end-to-end logistics …
The project includes establishing a second dock at Sokhna port
20 November 2019 11:29 AM DP World's $520m Sokhna expansion set for completion in Q2-20
Cairo – Mubasher: DP World is expected to finalise the expansion of Ain Sokhna port by the second quarter of 2020 at a cost of $520 million, Reuters reported, citing the Dubai port operator’s Middle East and Africa CEO and managing director Suhail …
Signing the agreement
6 November 2019 00:49 PM JAFZA unveils workforce protection programme
Dubai – Mubasher: Jebel Ali Free Zone (Jafza), A DP World-owned company, has concluded an agreement with Dubai Insurance Company (DIC) to roll out the Workforce Protection Programme that will benefit companies based in the zone, National …
Gross container volumes hit 53.5m TEU in 9M
22 October 2019 05:06 PM DP World’s terminals handle 17.7m TEU in Q3-19
Dubai – Mubasher: The gross volume of containers handled across DP World’s terminals grew by 1.1% during the third quarter of 2019, reaching 17.7 million twenty-foot equivalent units (TEU). Meanwhile, gross container volumes went up by 0.7% YoY to …