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Results 1 - 10 of 26 for dubai world cup

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  1. Emirates goes for growth under Dubai World umbrella

    Posted Jul 14th 2006, 12:00am by Russell Barling

    ... the commercial spectrum would be wise to sit up and take notice. Earlier this month, state business interests in the United Arab Emirates created a new holding company, Dubai World, in a development ... example of the new holding company flexing its commercial muscle, Dubai World signed a memorandum of understanding on July 5 with Qingdao mayor Xia Geng to build a massive commercial complex ...

  2. Dubai operator scores Qingdao coup

    Posted Nov 15th 2005, 12:00am by Russell Barling

    ... Russell Barling in Singapore DP World agrees to invest US$500m in four berths at port terminal complex DP World, the acquisitive Dubai-based port operator, has agreed to spend up to US$500 ... World will wholly own a four-berth project at the port's south basin, pending approval from Beijing. 'This is a very important step for DP World. The new terminal at Qingdao ...

  3. Dubai Ports lays off 148 at CT3 amid declining volumes

    Posted May 21st 2005, 12:00am by Russell Barling

    ... Russell Barling Dubai Ports International (DPI) has dismissed 148 workers from its business-shy Container Terminal 3 facility just five months after agreeing to buy the firm from American ... with adopting new systems and processes to ensure that we are competitively positioned for the future,' Ruffin Mak Bing-leung, the managing director of CSX World Terminals (Hong Kong), said ...

  4. Dubai firm to boost stake in ACT

    Posted Jan 04th 2005, 12:00am by Russell Barling

    ... the Singapore port operator's dream of gaining its first foothold in the world's busiest container port. By the end of next month, Dubai Ports will at least match the $1.58 billion CSX paid ... Russell Barling Mideast operator's US$200m buy-in will more than double its holding The international investment arm of state-owned Dubai Ports Authority will spend US$200 million ...

  5. Dubai firm trumps the majors for CSX ports

    Posted Dec 08th 2004, 12:00am by Russell Barling

    ... Russell Barling Gulf operator comes out of nowhere in bold US$1.4 billion bid for assets Dubai Ports International (DPI) yesterday tendered an audacious US$1.4 billion bid for CSX Corp's global port assets, snatching them from under the noses of the world's most powerful container terminal owners, including Li Ka-shing's Hutchison Whampoa. The international port ...

  6. DP World reflects US national insecurity

    Posted Mar 03rd 2006, 12:00am by Russell Barling

    ... of Islamiphobia that is sweeping the US, even the most venerable American media institutions continue to refer to DP World as 'Dubai Ports World', just in case their readers forget why everyone's feigning outrage. Dubai Ports International changed its name to DP World about six months ago, so the American media determination to refer to it as Dubai Ports World is like the British ...

  7. DP World bid for P&O tops $44b

    Posted Nov 30th 2005, 12:00am by Russell Barling

    ... Russell Barling Dubai-based port operator DP World yesterday moved to buy its second global port network this year after bidding more than GBP3.32 billion ($44.38 billion) in cash ... 10 months after DP World's predecessor, Dubai Ports International, agreed to pay US$1.15 billion for the global port assets of United States rail giant CSX Corp in a deal which included ...

  8. PSA quits pursuit of P&O over steep price

    Posted Feb 11th 2006, 12:00am by Russell Barling

    ... of the billion-dollar bidding war for Peninsular & Oriental Navigation (P&O) leaving Dubai's DP World to complete the deal and create the world's third-biggest terminal operator. PSA, which ... through the roof since late October, when rumours of Dubai's intentions started a steep ascent in the 168-year-old company's London share price. DP World management, who took just 12 ...

  9. PSA returns for fresh raid on HK port assets

    Posted Feb 05th 2005, 12:00am by Russell Barling

    ... in ACT They're out December 7: Dubai Ports International trumps all four offers with a US$1.15 billion bid for CSX port assets January 1: CSX World Terminals and NWS Holdings match ... time now that HIT (Hutchison's Hongkong International Terminals), PSA and Dubai Ports have been making offers [to NWS].' Hutchison could not be reached for comment last night. PSA ...

  10. P&O prefers Singapore takeover bid

    Posted Jan 27th 2006, 12:00am by Russell Barling

    ... as the world's No1 container terminal operator by volume, trumped by 6 per cent an offer made late last year by Dubai Ports World (DP World) and set the stage for a bidding war between the state-owned ... Russell Barling British firm declines Dubai offer as PSA pays 6pc more and agrees to satisfy any regulatory demands Singapore's PSA International yesterday bid GBP3.54 billion ($49.07 ...




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