DP World welcomes Indian prime minister to the UAE

Image
-
0Comments

DP World Chairman Sultan Ahmed Bin Sulayem welcomed the Indian prime minister to the UAE, reinforcing the company’s commitment to enabling India’s growth and economic development through its operations in the country where it supports over 32 percent of India’s container trade

“The visit of Prime Minister Narendra Modi confirms the strong ties between both our countries,”

Sulayem said. “India is the UAE’s second-largest trading partner and the UAE is India’s third-largest trading partner with trade between the two reaching $60 billion last year. The relationship between us has existed for centuries, and as one of the fastest-growing emerging markets in the world, we are proud to be part of its development efforts.”

DP World is a market leader in Indian container terminal operations and has the largest portfolio of ports along the Indian coastline. The network includes terminals in Gujarat, Maharashtra, Kerala, Tamil Nadu and Andhra Pradesh.

Building on the historic ties and strong relations between the UAE and India, DP World has established a strong market position in India, shaping the future of the maritime terminals industry and investing over $2 billion.



Leave a Reply

Your email address will not be published. Required fields are marked *

Related

Hana Al Rostamani Chief Executive Officer First Abu Dhabi Bank (FAB)

First Abu Dhabi Bank partners with T. Rowe Price for expanded GCC investment offerings

First Abu Dhabi Bank (FAB) has announced a strategic partnership with T. Rowe Price, a global asset management firm.

Bader Al-Kharafi Zain Group Vice Chairman & CEO Zain Group

Zain receives top CDP climate score as only regional telecom at leadership level

Zain Group has been awarded an ‘A’ score in the CDP Climate Change 2025 disclosure cycle, making it the only telecom operator in its region to achieve this leadership level.

Khalid H. Al-Dabbagh SABIC Chairman SABIC

SABIC sells European petrochemicals unit to AEQUITA; engineering thermoplastics sold to MUTARES

The Saudi Basic Industries Corporation (SABIC) has announced agreements to divest its European Petrochemicals (EP) business to AEQUITA and its Engineering Thermoplastics (ETP) business in the Americas and Europe to MUTARES.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Gulf News Journal.