Dubai's DP World mulls further acquisitions in logistics, supply chain: CEO | ZAWYA MENA Edition:
Dubai-based global ports operator, DP World, which is majority owned by Dubai government (80.45 percent), is considering more acquisitions in the logistics and supply chain sector to foster its position as a 'trade enabler', its CEO told daily newspaper The National.
According to the daily, the DP World CEO and MD, Mohammed Al Muallem, DP World’s chief executive and managing director declined to reveal a timeline or location for potential acquisitions.
“DP World continues to see further potential for growth in Africa and is still studying the US market for possible acquisitions,” the Al Muallem was quoted as saying.
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