DP World has appointed Ahmad Yousef Al-Hassan as Chief Executive Officer and Managing Director for the GCC, overseeing an integrated portfolio spanning ports and terminals, economic zones, digital technology and logistics solutions across the UAE, Saudi Arabia, Oman and markets in the Upper Gulf.
APM Terminals, an independent subsidiary of Netherlands-based AP Moller-Maersk, has announced that it has sealed a strategic partnership with DP World, a leading provider of smart end-to-end logistics solutions, to acquire a 37.5% stake in the South Container Terminal in Jeddah.
In a surprise leadership overhaul, Sultan Ahmed bin Sulayem, long the face of Dubai’s global trade empire, has been removed from his positions as Group Chairman and CEO of DP World — and divested of his chairmanship of the Ports, Customs and Free Zone Corporation.
Ghassan Aboud Holding, a leading provider of integrated logistics and supply chain solutions, has joined forces with EasyLease, the capital subsidiary of International Holding Company, for the launch of its new Gallega Global Logistics multi-user aftermarket spare parts hub at Jebel Ali Free Zone (Jafza).
DP World has announced that the average volumes of food supplies have risen by up to 35% as retailers across the region have begun stocking early ahead of Ramadan, with higher volumes of staple foods goods moving through Jebel Ali six to eight weeks before the holy month.
DP World has signed a landmark agreement with the Government of Afghanistan to develop and operate the country’s most important land border facilities at Torkham and Hairatan.
DP World has announced the launch of a new 36-hour maritime service between Dubai’s Mina Rashid and Iraq’s Umm Qasr Port, providing a faster alternative to overland trucking and accommodating up to 145 accompanied trailers per sailing.
DP World has completed the first phase of its Living Seawalls installation at Jebel Ali Port, deploying 1,000 eco-engineered panels that transform flat seawall surfaces into habitats where marine life can thrive and enhance biodiversity, setting a new benchmark for sustainable port infrastructure in the region.
Drydocks World has completed the full conversion and integration of the EMEM Floating Production Storage and Offloading (FPSO) vessel, delivering a key offshore asset to support production at Nigeria’s Okwok field and advance the country’s energy development and self-reliance goals.
DP World has partnered with Parkin to roll out a smart parking system at the Al Aweer Central Fruit and Vegetable market, managing approximately 2,500 parking spaces for light vehicles and 500 trucks.