Thursday 25 August 2011

gulfnews : DP World poised to face bumpy road

Uncertain market conditions in the global economy have made it challenging for ports operator DP World to forecast its performance in the second half of the year, according to the company's top executive.

"There is uncertainty around the outlook for the global economy, making it more challenging to forecast how global trade will develop in the second half of the year," Mohammad Sharaf, CEO of DP World, said Thursday in a conference call to reporters.

He added that historically the "second half of the year has been stronger than the first half."

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