Complex Made Simple

DP World rebounds on 2014 profit increase

DP World advanced on annual results at NASDAQ Dubai

The FTSE NASDAQ Dubai UAE 20 Index closed 2.21 per cent higher at 3,414.75 on Thursday, March 19.
Market heavyweight DP World gained 2.37 per cent to reach $19.45.
The third-biggest marine terminal operator said earlier in the day, in 2014 its net income surged by 11.7 per cent year on year to reach $675 million amid solid growth in its home market UAE and in Europe. DP World operates 65 marine terminals across six continents and has 36,000 staff.

Gérard Al-Fil