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DP World shuts down Egypt port after strikesDubai's port operator DP World shut down its Ain al-Sokhna port in Egypt on Thursday because of labour strikes that have cost it about 30 million Egyptian pounds ($5.02 million)in lost revenue, an official at the Red Sea port authority said. More… |
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DP World 2010 net profit jumps 35pcPort operator DP World, a unit of troubled state-owned conglomerate Dubai World, said it expected solid growth this year after posting a 35 per cent jump in net profit which rose to $450 million from $333 million the previous year. Announc More… |
