AD Ports faces DP World in Luandan venture
The prospect of neighboring port operators from Dubai and Abu Dhabi locked in competition within ...
Arab News writes:
As a straw in the wind, the decision by Dubai authorities to delist shares in DP World tells us a lot about the regional economic and financial situation. But it raises as many questions as it answers.
DP World is one of the few regional companies that has made it big on the global stage. Its international network of maritime and land ports, as a well as an increasing number of industrial zones, grew out of the old P&O business that Dubai bought in 2006, and has been a star performer in the UAE economy for most of that time.
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