DP World revenue up 6.6% to $18.25bn; profit falls 17.7%DP World Limited has reported a revenue growth of 6.6% to $18.25 billion and adjusted EBITDA increase of 1.9% to $5.108 billion with a healthy adjusted EBITDA margin of 28% for 2023 (on a reported basis). Profi More… |
Whitepaper details P&O Maritime Logistics’ decarbonisation driveLeading provider of marine solutions, P&O Maritime Logistics (a DP World Company), has unveiled its journey to implement an ambitious decarbonisation pathway in an industry whitepaper. Driven by More… |
AD Ports, China's CMEC to jointly explore global projectsAD Ports Group, a leading global facilitator of trade, logistics, and industry, and China Machinery Engineering Group Corporation (CMEC Group), a state-owned key enterprise directly managed by the central government of China, have recently sig More… |
Tabadul, Fintech Saudi sign MoU to launch joint projectsSaudi Electronic Info Exchange Company (Tabadul), a leading provider of innovative digital and smart financial services, has signed a memorandum of understanding (MoU) with Fintech Saudi initiative in Riyadh. More… |
Tabadul, Fintech Saudi sign MoU to launch joint projectsSaudi Electronic Info Exchange Company (Tabadul), a leading provider of innovative digital and smart financial services, has signed a memorandum of understanding (MoU) with Fintech Saudi initiative in Riyadh. More… |
Saudi Arabia's SISCO reports $52m revenue for Q1Saudi Industrial Services Company (SISCO), Saudi Arabia’s leading strategic investor in ports and terminals, logistics parks and services, and water solutions, has reported a revenue of SR196.2 million ($52.3 million) for the quarter end More… |
Jafza records 10.6% increase in retail, e-commerce businessJebel Ali Free Zone (Jafza), the leading business and logistics hub, has recently recorded 10.6% growth in the retail and e-commerce sector with a total trade value of AED37.6 billion despite the sudden challenges facing both regional and glob More… |
Jafza records 10.6% increase in retail, e-commerce businessJebel Ali Free Zone (Jafza), the leading business and logistics hub, has recently recorded 10.6% growth in the retail and e-commerce sector with a total trade value of AED37.6 billion despite the sudden challenges facing both regional and glob More… |
GWC profits up 10pc to $50mGWC, Qatar’s leading logistics provider, has achieved a net profit of QR182 million ($50 million) in third quarter of this year, representing a 10% growth compared to QR166 million by the end of the same period in 2018. More… |
New robotic firm targets logistics sector in DubaiIQ Robotics, an artificial intelligence-driven fully robotic business that’s spearheading the digital transformation of the logistics sector, has been launched in Dubai, UAE. The brainchild of Fadi Amoudi, IQ Robotics marked More… |