Dubai, UAE, 20 February 2019: DP World PLC announces the acquisition of the holding company of P&O Ferries and P&O Ferrymasters (together P&O Ferries) for a purchase consideration of GBP322mn (USD421mn¹), implying a 2017 Enterprise Value/EBITDA valuation multiple of 6.1x. P&O Ferries is a pan-European integrated logistics business consisting of a market leading roll-on roll-off […]
Read More →Dubai, United Arab Emirates,19 February 2019: Dubai Cares, part of Mohammed bin Rashid Al Maktoum Global Initiatives, announced today that it has awarded four research proposals a total of AED 7,884,374 (USD 2,146,284), under its Evidence for Education in Emergencies (E-Cubed) research envelope. E-Cubed was launched in 2016 on the sidelines of the UN General […]
Read More →Kigali, Rwanda: A total of 20 startups from the UAE and Africa participated in the first-ever Chamberthon in Kigali, Rwanda, where participants collaborated and developed a framework for Dubai Chamber of Commerce and Industry’s Global Business Forum Mentorship programme, new cross-border mentorship programme. Organised by Dubai Chamber, the Chamberthon was held during the Africa Tech […]
Read More →Dubai, United Arab Emirates, 19 February 2019: Dubai Land Department (DLD) recently announced the launch of the Smart Audit initiative that allows the completion of real estate transactions on the same day. This comes as part of its tireless efforts to develop and formulate modern 10X initiatives that guarantee the smooth provision of services to […]
Read More →DUBAI, U.A.E., 19 FEBRUARY 2019 – Emirates announced today it will launch a four times weekly service between Portugal’s second largest city, Porto, and Dubai, from 2 July 2019. Porto will become Emirates’ second destination in Portugal after its capital, Lisbon, which the airline currently serves with two flights a day. The flight will be operated […]
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