Subscribe to RSS feedDP World denies plan to sell Sokhna
Dubai Ports World has rejected suggestions that its controlling interest in the Egyptian port of Sokhna is up for sale and that its planned US$1.3bn expansion plan for the port has been frozen.
Queries: Egypt's Sokhna port.
In a letter to the Egyptian stock exchange, DP World chief executive Mohammed Sharaf denied reports published in the Egyptian press claiming that the Sokhna expansion project would not go ahead in the wake of parent company Dubai World’s recent...
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