DP World has celebrated 10 years of public listing on the Dubai Financial Market (DFM).

DP World is on track to see 10% volume growth in 2017 while positioning itself well for the future with investments of over $1bn over the course of the year.

Dubai-based DP World has completed the acquisition of an additional 66.67% stake in Empresa Brasileira de Terminais Portuários (Embraport) in Brazil from Odebrecht Transport (OTP), the group announced.

Adm. Mohab Mamish, chairman of the Suez Canal Authority and Suez Canal Economic Zone (SCZone), and Sultan Ahmed Bin Sulayem, group chairman and ceo of DP World, have unveiled further details of the joint plan to develop a special economic zone around Sokhna on the Egyptian Red Sea coast.

Terminal operator DP World sees huge trade potential in Africa and believes public private partnerships (PPP) are the route to progress.

DP World is to build a new 400 m berth at the port of Caucedo in the Dominican Republic.

Terminal operator DP World is buying both Drydocks World and Dubai Maritime City (DMC) for $405m increasing its position in the marine services market.

DP World is to quit Indonesia’s second largest port – Surabaya – after its current contract comes to an end in 2019.

Ties between the UAE and Hong Kong are set to grow after discussions between DP World and top government leaders this week.

The President of Ecuador Lenin Moreno and DP World group chairman and ceo, Sultan Ahmed Bin Sulayem attended the groundbreaking ceremony for the beginning of construction of the green field multi-purpose port project at Posorja, Ecuador.

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