Business Chief ME+AFRICA January 2024 | Page 41

TOP 1O
US logistics firm Syncreon , Africa ’ s J & J Group and a 58 % stake in Turkey ’ s Evyap Port .
The Group has four pillars – Ports & Terminals , Logistics , Marine Services and Technology – and contributes 23.8 % to Dubai ’ s GDP .
Focus on high-margin cargo and end-toend supply chain solutions is the key driver for DP World , whose revenues hit US $ 17bn in 2022 . The company also raised more than US $ 8 billion through asset monetisations , enabling portfolio and capacity expansion and investment in key growth markets , including the UAE , Jeddah , London Gateway and Dakar . And more recently , announced the successful listing of its US $ 1.5 billion Green Sukuk on Nasdaq Dubai , to support its target of becoming carbon neutral by 2040 and net-zero by 2050 .
Technology and innovation are at the forefront of DP World ’ s operations , and the Zodiac Terminal Operating System in Jeddah , electrification of port equipment , and revolutionary BoxBay Container Storage System , are all proof of this .

DP

World | A proud story of trade innovation
businesschief . ae 41