Tuesday 24 April 2012

gulfnews : DP World: Investing in a recovery

DP World is undoubtedly a key barometer when it comes to measuring the overall economic health of the UAE.
The global ports operator reported an 82 per cent increase in year-on-year net profit last month and a large slice of the UAE's gross domestic product (GDP) passes through the firm's Jebel Ali facility.
“ DP World is a longterm story simply because its business is very stable, and even significant improvements accrue over time. We believe only genuinely patient investors focused on an appropriate longterm horizon will capitalise on the excellent business fundamentals of the company"
  Ebrahim Masoud, Senior investment officer, Mashreq

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