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Dubai News Today | أخبار دبي اليوم
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  • Haramain
    The holy city of Mecca was flooded by heavy rains

    The holy city of Mecca was flooded by heavy rains

    Saudi has a strong message to Pakistan not to send beggars in the guise of pilgrims

    Saudi has a strong message to Pakistan not to send beggars in the guise of pilgrims

    Dubai Police Fully Sponsors 60 Employees and Retirees for Umrah

    Dubai Police Fully Sponsors 60 Employees and Retirees for Umrah

    Umrah visa will be available in 24 hours

    Umrah visa will be available in 24 hours

    The custodian of the keys of the Holy Kaaba has passed away

    The custodian of the keys of the Holy Kaaba has passed away

    Death toll due to extreme heat tops 1,000; Hajj 2024

    Death toll due to extreme heat tops 1,000; Hajj 2024

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    UAE Confirms First Day of Eid Al Adha 2025

    UAE Confirms First Day of Eid Al Adha 2025

    UAE Central Bank Stops Banks from Raising Minimum Balances

    UAE Central Bank Stops Banks from Raising Minimum Balances

    Latifa bint Mohammed meets with Lebanon’s Ministers of Culture, Information at Arab Media Summit

    Latifa bint Mohammed meets with Lebanon’s Ministers of Culture, Information at Arab Media Summit

    “Sightings Called: UAE Asks Public to Look for Dhu Al Hijjah Crescent on May 27 Ahead of Eid Al Adha 2025”

    “Sightings Called: UAE Asks Public to Look for Dhu Al Hijjah Crescent on May 27 Ahead of Eid Al Adha 2025”

    United Arab Emirates announces possible date for Eid al-Adha

    United Arab Emirates announces possible date for Eid al-Adha

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    UAE Confirms First Day of Eid Al Adha 2025

    UAE Confirms First Day of Eid Al Adha 2025

    UAE Central Bank Stops Banks from Raising Minimum Balances

    UAE Central Bank Stops Banks from Raising Minimum Balances

    Latifa bint Mohammed meets with Lebanon’s Ministers of Culture, Information at Arab Media Summit

    Latifa bint Mohammed meets with Lebanon’s Ministers of Culture, Information at Arab Media Summit

    UAE Jewellers Unveil World’s Largest Gold Frame, a Dazzling Tribute to Sheikh Zayed and Iconic Landmarks

    UAE Jewellers Unveil World’s Largest Gold Frame, a Dazzling Tribute to Sheikh Zayed and Iconic Landmarks

    “Sightings Called: UAE Asks Public to Look for Dhu Al Hijjah Crescent on May 27 Ahead of Eid Al Adha 2025”

    “Sightings Called: UAE Asks Public to Look for Dhu Al Hijjah Crescent on May 27 Ahead of Eid Al Adha 2025”

    Iran threatens Israel with letter

    Iran threatens Israel with letter

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    UAE Central Bank Stops Banks from Raising Minimum Balances

    UAE Central Bank Stops Banks from Raising Minimum Balances

    Sharjah Chamber highlights Sectoral Business Groups’ role as key partners in driving private sector growth

    Sharjah Chamber highlights Sectoral Business Groups’ role as key partners in driving private sector growth

    Israel may attack Iran, oil prices rise

    Israel may attack Iran, oil prices rise

    UAE Banks to Implement Higher Minimum Balance Requirements in June

    UAE Banks to Implement Higher Minimum Balance Requirements in June

    Al-Haramain Perfumes CEO receives Golden Excellence Award and Fragrance of the Year Award

    Al-Haramain Perfumes CEO receives Golden Excellence Award and Fragrance of the Year Award

    “Global Powerhouses Unite: Abu Dhabi Crown Prince, US President Forge Future at Business Dialogue”

    “Global Powerhouses Unite: Abu Dhabi Crown Prince, US President Forge Future at Business Dialogue”

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    Latifa bint Mohammed meets with Lebanon’s Ministers of Culture, Information at Arab Media Summit

    Latifa bint Mohammed meets with Lebanon’s Ministers of Culture, Information at Arab Media Summit

    Iran threatens Israel with letter

    Iran threatens Israel with letter

    China firmly stands by Pakistan’s sovereignty

    China firmly stands by Pakistan’s sovereignty

    Israel may attack Iran, oil prices rise

    Israel may attack Iran, oil prices rise

    Trump-Putin 2-hour phone call, agree to compromise Moscow

    Trump-Putin 2-hour phone call, agree to compromise Moscow

    Israeli bombardment of Gaza death 43 more

    Israeli bombardment of Gaza death 43 more

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    Mother sues Google, AI over son’s suicide

    Mother sues Google, AI over son’s suicide

    Two Israeli embassy workers shot dead in Washington

    Two Israeli embassy workers shot dead in Washington

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    A woman married 25 men and cheated

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    UAE Cracks Down: Emiratisation Compliance Checks Begin July 1 for Private Firms

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    Saudi Arabia launches crackdown on illegal immigrants, arrests 15,000

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    Sharjah Police Investigate Abandoned Baby Found Near Trash

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    GETEX 2025 Closes on a High Note, Reinforcing Its Status as the Middle East’s Leading Higher Education Fair

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    Bangladeshi girl Maymuna in international Quran competition in Malaysia

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    Dubai student Rahul Nambiar to expand his award-winning EdTech Startup, Jochi, to Dubai and beyond

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    Imran Khan’s application to be the chancellor of Oxford

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    OpenAI releases ChatGPT’s hyper-realistic voice

    Violent clashes over quota system in government jobs leave scores injured & 2 kiled in Bangladesh

    BCL (Bangladesh Chatra Leage) leaders resign for attacks on quota protesters

    With 6 dead & all educational institutes closed; irrational quota based public service recruitment in Bangladesh

    With 6 dead & all educational institutes closed; irrational quota based public service recruitment in Bangladesh

    Violent clashes over quota system in government jobs leave scores injured & 2 kiled in Bangladesh

    Violent clashes over quota system in government jobs leave scores injured & 2 kiled in Bangladesh

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    Mother sues Google, AI over son’s suicide

    Mother sues Google, AI over son’s suicide

    Sigma Enterprises takes leadership role by bringing the latest Swiss robotics and drone technology to the GCC

    Sigma Enterprises takes leadership role by bringing the latest Swiss robotics and drone technology to the GCC

    FancyTech debuts in MENA to empower brands with scalable, on-brand content through GenAI

    FancyTech debuts in MENA to empower brands with scalable, on-brand content through GenAI

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    Arabia CSR Network Announces The Launch of the 18th Cycle of the“Arabia CSR & Sustainability Awards”

    Dubai Police Invests in Smart Technology to Boost Public Safety

    Dubai Police Invests in Smart Technology to Boost Public Safety

    Putin praises BRICS as Western ‘perverse methods’ counterweight

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    Putin seeks to rival Western power with high-profile summit

    Pay driving license renewal and fine in installments from next week in Dubai

    Pay driving license renewal and fine in installments from next week in Dubai

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    Abu Dhabi to Dubai in just 57 minutes by Etihad passenger train

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    Hailstorm breaks IndiGo plane’s ‘nose’

    Hailstorm breaks IndiGo plane’s ‘nose’

    UAE Ministry Issues Warning About Hidden Salt in Foods

    UAE Ministry Issues Warning About Hidden Salt in Foods

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    The Unbreakable Bond: Honoring the Love and Sacrifice of Mothers

    New Horizon in Dubai Inauguration of Gold Jewelry and Lifestyle Hub

    New Horizon in Dubai Inauguration of Gold Jewelry and Lifestyle Hub

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    Connecting Farmers to Global Markets & Expanding Agri-Trade Horizons; Meghalaya’s Trade Mission to Dubai

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    Vincitore Realty delivers Dubai’s first Luxury Wellness Residential Landmark, pioneering a new chapter in Wellness-Inspired living

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    UAE’s Mulk International and India’s Ajeenkya DY Patil Group forge landmark partnership to the tune of Dh100m to launch region’s first large-scale virtual hospital of its kind

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    Biongevity launches world’s first AI-powered longevity app and Longevity Fitness Challenge in line with the UAE’s Vision 2031

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    Danube Home elevates outdoor living spaces with its modern, stylish furniture and customisation services

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    “Sightings Called: UAE Asks Public to Look for Dhu Al Hijjah Crescent on May 27 Ahead of Eid Al Adha 2025”

    “Sightings Called: UAE Asks Public to Look for Dhu Al Hijjah Crescent on May 27 Ahead of Eid Al Adha 2025”

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    AKCEL GP plans to make UAE an international hub of Motorsports

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  • Haramain
    The holy city of Mecca was flooded by heavy rains

    The holy city of Mecca was flooded by heavy rains

    Saudi has a strong message to Pakistan not to send beggars in the guise of pilgrims

    Saudi has a strong message to Pakistan not to send beggars in the guise of pilgrims

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    Dubai Police Fully Sponsors 60 Employees and Retirees for Umrah

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    Umrah visa will be available in 24 hours

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    Death toll due to extreme heat tops 1,000; Hajj 2024

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    UAE Confirms First Day of Eid Al Adha 2025

    UAE Confirms First Day of Eid Al Adha 2025

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    UAE Central Bank Stops Banks from Raising Minimum Balances

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    Latifa bint Mohammed meets with Lebanon’s Ministers of Culture, Information at Arab Media Summit

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    “Sightings Called: UAE Asks Public to Look for Dhu Al Hijjah Crescent on May 27 Ahead of Eid Al Adha 2025”

    United Arab Emirates announces possible date for Eid al-Adha

    United Arab Emirates announces possible date for Eid al-Adha

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    UAE Confirms First Day of Eid Al Adha 2025

    UAE Confirms First Day of Eid Al Adha 2025

    UAE Central Bank Stops Banks from Raising Minimum Balances

    UAE Central Bank Stops Banks from Raising Minimum Balances

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    Latifa bint Mohammed meets with Lebanon’s Ministers of Culture, Information at Arab Media Summit

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    UAE Jewellers Unveil World’s Largest Gold Frame, a Dazzling Tribute to Sheikh Zayed and Iconic Landmarks

    “Sightings Called: UAE Asks Public to Look for Dhu Al Hijjah Crescent on May 27 Ahead of Eid Al Adha 2025”

    “Sightings Called: UAE Asks Public to Look for Dhu Al Hijjah Crescent on May 27 Ahead of Eid Al Adha 2025”

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    Iran threatens Israel with letter

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    UAE Central Bank Stops Banks from Raising Minimum Balances

    UAE Central Bank Stops Banks from Raising Minimum Balances

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    Sharjah Chamber highlights Sectoral Business Groups’ role as key partners in driving private sector growth

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    Israel may attack Iran, oil prices rise

    UAE Banks to Implement Higher Minimum Balance Requirements in June

    UAE Banks to Implement Higher Minimum Balance Requirements in June

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    Al-Haramain Perfumes CEO receives Golden Excellence Award and Fragrance of the Year Award

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    “Global Powerhouses Unite: Abu Dhabi Crown Prince, US President Forge Future at Business Dialogue”

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    Latifa bint Mohammed meets with Lebanon’s Ministers of Culture, Information at Arab Media Summit

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    Iran threatens Israel with letter

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    China firmly stands by Pakistan’s sovereignty

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    Israel may attack Iran, oil prices rise

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    Trump-Putin 2-hour phone call, agree to compromise Moscow

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    Israeli bombardment of Gaza death 43 more

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    Mother sues Google, AI over son’s suicide

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    UAE Cracks Down: Emiratisation Compliance Checks Begin July 1 for Private Firms

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    Sharjah Police Investigate Abandoned Baby Found Near Trash

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    Bangladeshi girl Maymuna in international Quran competition in Malaysia

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    Dubai student Rahul Nambiar to expand his award-winning EdTech Startup, Jochi, to Dubai and beyond

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    Imran Khan’s application to be the chancellor of Oxford

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    Violent clashes over quota system in government jobs leave scores injured & 2 kiled in Bangladesh

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    Mother sues Google, AI over son’s suicide

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    Sigma Enterprises takes leadership role by bringing the latest Swiss robotics and drone technology to the GCC

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    FancyTech debuts in MENA to empower brands with scalable, on-brand content through GenAI

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    Arabia CSR Network Announces The Launch of the 18th Cycle of the“Arabia CSR & Sustainability Awards”

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    Pay driving license renewal and fine in installments from next week in Dubai

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    Abu Dhabi to Dubai in just 57 minutes by Etihad passenger train

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    Danube Home elevates outdoor living spaces with its modern, stylish furniture and customisation services

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    Bangladesh Celebrates Independence and National Day with Grandeur in Abu Dhabi

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    AKCEL GP plans to make UAE an international hub of Motorsports

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$510 million investment in India’s Gujarat state by Dubai’s DP World

Business Desk, Dubai News Today by Business Desk, Dubai News Today
Tuesday, August 29, 2023 2:20AM
Reading Time: 2 mins read
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The ports giant operates five container terminals in India — two in Mumbai and one each in Mundra, Cochin and Chennai

The ports giant operates five container terminals in India — two in Mumbai and one each in Mundra, Cochin and Chennai

Dubai-owned ports giant DP World will invest around $510 million to build a new container terminal at the Kandla port in the Indian state of Gujarat, its group chairman said on Friday.

“It will enable the delivery of trade opportunities by connecting northern, western and central India with global markets,” Sultan Ahmed Bin Sulayem, who is also DP World’s CEO, said after the signing of an agreement between the Deendayal Port Authority and DP World officials.

The Indian government earlier this year approved a plan by Hindustan Infralog Private Limited, a joint venture between DP World and the state-owned National Investment and Infrastructure Fund, to develop the terminal on a Build-Operate-Transfer (BOT) basis.

DP world, which operates in 73 countries, last week reported a nearly 10% fall in first-half profit to $651 million despite a 13.9% year-on-year rise in revenue to more than $9 billion.

The new terminal, which should be completed by early 2027, will boost container traffic in India and reduce the cost of logistics, company officials said.

DP World operates five container terminals in India — two in Mumbai and one each in Mundra, Cochin and Chennai – with a combined capacity of about 6 million twenty foot equivalent units (TEUs), giving it a market share of 28% of container traffic volume in the country.

The new terminal will take the combined capacity to 8.19 million TEUs, a company statement said.

DP World’s Indian port and terminal investments are aligned with the country’s Vision 2047, which aims to quadruple port handling capacity and develop logistics infrastructure to boost economic growth, the statement said.

Source: Khaleej Times

Tags: 510Dubai investGujaratIndia
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Editorial

Story of a Dictator – Sheikh Hasina
Politics

Story of a Dictator – Sheikh Hasina

by M. Shaiful Islam, Dubai News Today
July 24, 2024
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A typical story of how dictators run their country and how their downfall happens. It may sound familiar, but this...

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The List of Potential Suspects in the Mysterious Death of Iran’s President Raisi

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UAE Confirms First Day of Eid Al Adha 2025
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