Sheikh Mohammed reviews UAE’s ‘New Economy’ gameplan

Dubai: His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai reviewed the country’s 50-year economic plan that aims to achieve a qualitative leap. The plan covers five tenets – create an integrated economy; develop entrepreneurship and SMEs; build up tourism and foreign direct investments; and […]

DP World records revenues of $4 billion plus in first-half 2020, acquires Indian feeder operators

Dubai: Dubai’s DP World had revenues of $4 billion plus in the first six months of 2020, representing a 17.7 per cent gain over last year. The increases were brought on by recent acquisitions the ports operator had across global hubs. But on a like-for-like basis, revenues were down 11.6 per cent, and down by 3.4 […]