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incheros in Cusco," he added. (END) NDP/EEP DP World opens port facility in Peru WAM WAM Dubai, Oct 01st, 2010 (WAM) —DP World, majority-owned by Dubai World conglomerate, inaugurated a new US$500 million port in Peru on Thursday, one of the biggest ports on South America's Pacific coast. The port known
nting of the concession in July 2006. Also attending the high profile ceremony were the Minister of State of the UAE, Reem Al Hashimy, DP World CEO, Mohammed Sharaf, authorities of the Peruvian Government, representatives of the business community and top executives from DP World. In his speech, DP World Chairma
this year as growth in its regional operations offset tough global trading conditions. The company, one of the more profitable assets of debt-laden Dubai World, made a profit of $247 million, barely changed from $246 million in the year-earlier period, it said on Wednesday. Revenue for the six months ended
ion, according to data compiled by Bloomberg. "In a tougher operating environment, we have reported a good set of results," Chief Executive Officer Mohammed Sharaf said in a statement. "We continue to outperform industry volume growth and our balance sheet remains strong and allows us to invest in the future gr
world's largest port operator saw its revenue increase to US$1.53bn, compared to US$1.50bn in the year ago period. Net debt at the firm, a unit of Dubai World, stood at US$3.5bn. Gross debt was US$4.7bn, down from US$7.8bn, mainly due to the repayment of a US$3bn loan facility during the first half of the
rform industry volume growth; our balance sheet remains strong and this allows us to invest in the future growth of our portfolio,' said group ceo, Mohammed Sharaf. According to the executive, the main reasons for DP World's improved performance was the company's ability to handle the larger containerships ent
Entities connected to both Dubai World and Mohammed Sharaf

Jeffrey Epstein
PERSONSultan Bin Sulayem
PERSONDP World's
ORGANIZATIONDP World
ORGANIZATIONAnil Wats
PERSON
United States
LOCATIONEssam Sharaf
PERSONAdelaide
LOCATIONthe Dubai World Group
ORGANIZATION
South Africa
LOCATION