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  • 22-06-20

    Dubai ports gigantic organizes for most horrible as virus collision appears

    (MENAFN) The massive Dubai-based ports operative DP World stated that "preparing for the worst" in the months ahead, while Coronavirus imposes the heaviest blow on worldwide trade as of World War II.

    Nevertheless, Chairman Sultan Ahmed Bin Sulayem stated to AFP in a conference that the compact which runs port and logistics procedures in 54 countries is still starving for profits-generating achievements.

    Previously one of the most gainful government-linked bodies in Dubai, DP World has exhausted billions of dollars on property, arraying from P&O Ferries in Britain to terminals in Chile.

    However the Coronavirus catastrophe has muffled world trade, 80 percent of which is shipped by sea, send-off main providers chains paralyzed and scaling down imports and exports, counting from inspiration China.

    MENAFN2206202000450000ID1100366779

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