Monday 17 September 2012

DP World faces loss of Yemen port deal - FT.com

Yemen’s moves to scrap Dubai ports operator DP World’s contract to manage two container terminals in the strategic port of Aden have highlighted the risks big companies face in the fast-shifting Middle East political landscape.
As post-revolutionary states review deals done by previous regimes, DP World is threatened with an early exit only four years into a 30-year management deal signed under Ali Abdullah Saleh, the Yemeni president of more than three decades who stood down in February.

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