Money and business

Dubai World Ports intend to pump investments of 9.17 billion dirhams in 2025

Dubai Ports World Group “DPDDRED” has announced its financial results for the year ending December 31, 2024.

Its revenues recorded a growth on a declared basis by 9.7% to 20 billion US dollars, while the average profits increased before deduction of benefits, taxes, depreciation and consumption by 6.7% to reach 5.5 billion US dollars.

The group said in a press statement that the budget of capital expenses for 2025 is about 2.5 billion US dollars (about 9.17 billion dirhams), it will be mainly invested in the port of Jebel Ali (the UAE), “Global Dry Pinks”, the free zone in Jabal Ali (the UAE), the “Tuna Tikr” container (India), the port “London Getaway” (United Kingdom), and port “Nadiane” (Senegal), and Jeddah Port (Saudi Arabia).

“We are proud to achieve record returns of $ 20 billion, and we recorded profits before deducting interest, taxes, depreciation and consumption of $ 5.5 billion in 2024, which is an exceptional achievement that reflects our strength and flexibility in facing challenges within the complex geopolitical scene. The results are the effectiveness of our strategy that focuses on high -profit shipments, and to provide integrated and comprehensive solutions for the supply chain, in addition to adopting a strict approach in cost management, which strengthened our competitive position and led to this distinguished performance.

Bin Selim added: This strategy is established the pioneering situation of the “DB World”, which enabled it to achieve sustainable long -term growth and provide added and tangible value. By enhancing efficiency, expanding the scope of our capabilities, and deepening our partnerships, we put the foundations for flexible and integrated works, capable of seizing opportunities effectively in light of the rapid developments of global trade.

He continued: We continue to strengthen our logistical platform, staining more goods with integrated and comprehensive solutions, designed specifically to raise efficiency and improve trade flow. The increasing demand for our integrated offers reflects the value that we provide to our customers, who are looking for advanced and effective solutions for supply chains, which guarantee them improved performance and high operational flexibility.

And between: Within the framework of our long -term strategy, we continue to strengthen our investment portfolio through targeted strategic acquisitions, expand new markets, and add high -value capabilities in line with the changing needs of our customers. We are also optimistic about the medium -term growth prospects, based on strong foundations for the sector, and our ability to achieve sustainable and long -term returns.

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