Topic - Port And Free Zone World

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In this photograph taken with a slow shutter speed, traditional abra boats navigate the Dubai Creek in Dubai, United Arab Emirates, Wednesday, July 1, 2020. (AP Photo/Jon Gambrell)

Profits slide for Dubai’s DP World port operator amid virus

By AYA BATRAWY - Associated Press

FILE - In this Feb. 8, 2009, file photo, cranes off load containers at the Jebel Ali port terminal 2 in Dubai, United Arab Emirates. Dubai-based port operator DP World said Wednesday, March 11, 2020 its profits fell 8.3% to $1.18 billion in 2019, warning that global trade remains threatened by trade wars and the spread of the new coronavirus. (AP Photo/Kamran Jebreili, File)

Port firm DP World sees 2019 profits drop 8.3% as it delists

By JON GAMBRELL - Associated Press

FILE - In this Feb. 8, 2009 file photo, cranes off load containers at the Jebel Ali port terminal 2, in Dubai, United Arab Emirates. Port operator DP World said Monday, Feb. 17, 2020, that it will delist from the Nasdaq Dubai stock exchange, returning the company to full state-ownership in a move that will help the Dubai government's investment company repay more than $5 billion to banks. (AP Photo/Kamran Jebreili, File)

Port operator DP World to delist from Dubai stock exchange

By AYA BATRAWY - Associated Press