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FINANCIAL NEWS
DP World cargo volume down 7% in Q1
26 Apr 2013
(MENAFN) DP World chairman, Sultan Ahmad Bin Sulayem, stated that the port operator took on 12.8 million twenty-foot equivalent units in the first quarter, a 7-percent drop from a year before, reported Gulf News.
Lower volume numbers were the cause of a decline in container handling in most of the world, except Australasia and the Americas.
The economic depression from developed regions such as Europe and the Americas, have affected trade volumes in the Middle East and Africa.
It’s worth noting that the majority of the trade volumes out of the Middle East are oil exports, which depends on the economic prospect of importing countries
More News
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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