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Dubai ports conglomerate
- United Arab Emirates: Thursday, September 29 - 2005 at 07:20
Dubai has merged its domestic and international ports, Dubai Ports Authority and Dubai Ports International, to form DP World. DP World is now one of the world's largest port operators, and has earmarked $550m over the next three years for investment. A new regulator, the Dubai Ports and Jebel Ali Free Zone Authority, has also been created to oversee the regulation and administration of Dubai's port operations.
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James McInerney, News EditorThursday, September 29 - 2005 at 07:20 UAE local time (GMT+4)
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