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Americans More Receptive to Gulf-based Funds [Khaleej Times, Dubai, United Arab Emirates]
(07 Nov 2009 00:01:00 EST)
Nov. 7--DUBAI -- Americans, who recently refused to let a UAE company own U.S. port assets, have become much more receptive to overtures from sovereign wealth funds based in the Gulf, a prominent Arab-American and polling specialist says.
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AME Info, Abu Dhabi, United Arab Emirates, transport and logistics briefs [AME Info, Abu Dhabi, United Arab Emirates]
(28 Oct 2009 11:44:00 EDT)
Oct. 28--DP WORLD SAYS CONTAINER MARKET STABILIZING: Dubai-based port operator DP World has said the container market was beginning to show signs of stability and the decline in the company's volumes had slowed in the third quarter, Bloomberg has reported.
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AME Info, Abu Dhabi, United Arab Emirates, transport and logistics briefs [AME Info, Abu Dhabi, United Arab Emirates]
(27 Oct 2009 10:49:00 EDT)
Oct. 27--DP WORLD CFO TO STEP DOWN IN DECEMBER: Dubai-owned DP World, the largest port operator in the Middle East, has announced that Yuvraj Narayan will resign his post as chief financial officer effective Dec 10.
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DP World Jeddah takes delivery of ultra-modern equipment [Middle East and North Africa Business Report, Amman, Jordan]
(25 Oct 2009 15:04:00 EDT)
Oct. 25--Global marine terminal operator DP World has taken delivery of 15 additional new cranes at its Jeddah facility, located within the South Container Terminal at Jeddah Islamic Port. The commissioning of the new equipment has started and will be completed in a month's time, when all machinery will be fully operational.