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DP World first half year profits rebound

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DP World posted strong results for the first six months of 2011 of $741mn, up from US$219mn in the same period last year, which was boosted by the one-time gain for the Australia business.

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Topaz wins contracts worth US$160mn

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Topaz Energy and Marine recently signed long-term vessel support contracts with various clients totaling US$160mn.

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GE Lighting opens distribution centre in Middle East

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GE Lighting opens its first full-fledged distribution centre in the Middle East in Jebel Ali Free Zone, Dubai recently.

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Kuwait launches Mubarak Al-Kabir Seaport project

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Kuwait laid the foundation stone at the seaport project at Boubyan Island which is part of a US$1.1 billion development programme for Boubyan Island.

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DP World opens new port terminal in India

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Dubai-based DP World launched its new terminal at Vallarpadam in the south Indian state of Kerala.

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