Africa
Dubai World to invest USD70 million in Comoros Island Beach Development and Resort
Dubai World, which is wholly-owned by the Government of Dubai, today announced it would be investing USD 70 million in a luxury hotel and residential development in Comoros, in the Indian Ocean. Dubai World inked a deal yesterday with senior representatives of the Comoros Government. The deal saw the formation of a company established... »
DP World invests in Senegal
Global marine terminal operator DP World today announced the Port of Dakar, Senegal, had awarded it the concession to develop and operate the existing container terminal at Dakar, Terminal à Conteneur, and invest in a new container terminal at the port, Port du Futur. Under the agreement, expected to be signed within the coming... »
Dubai’s Leisurecorp announces purchase of Pearl Valley Signature Golf Estate and Spa in South Africa
Leisurecorp, a division of Istithmar PJSC, the investment arm of Dubai World, Thursday announced the purchase of Pearl Valley Signature Golf Estate and Spa, a 170-hectare championship golf course development in the Cape Winelands, South Africa. The company, owner of the Jumeirah Golf Estates in Dubai, plans to invest heavily to develop Pearl Valley... »
Jafza International to develop Special Economic Zone in Senegal
HE Abdoulaye Wade, President of Senegal, met senior Dubai World officials on Tuesday April 17 and discussed the special economic zone being developed in his country by Jafza International, the global operations arm of Economic Zones World, a Dubai World subsidiary. Mr. Jamal Majid Bin Thaniah, Vice Chairman Dubai World, and Group CEO, Ports... »
Dubai World to study joint investment projects with Tunisia
Dubai World Vice Chairman and Group CEO, Port & FreeZone World (P&F World), Jamal Majid bin Thaniah, met Thursday February 8 with a high-level delegation from Tunisia and discussed the potential for joint investments. The delegation led by Tunisian Minister of Transport Abdul Rahim Al Zawawi was briefed by Mr. bin Thaniah on the... »
Chairman HH Sheikh Ahmed Bin Saeed Al Maktoum