Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  DUBAI INTERNATIONAL FINANCIAL EXCHANGE LTD.  >  DP World Ltd    DPW   AEDFXA0M6V00

DP WORLD LTD (DPW)
My previous session
Most popular
  Report  
SummaryNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsTweets

DP World : opens UAE’s first green storage, warehouse facilities

share with twitter share with LinkedIn share with facebook
share via e-mail
0
06/06/2018 | 02:45pm CET

DP World’s Jebel Ali Free Zone, Jafza, has launched the UAE’s first green storage and warehouse facilities in Dubai.

The project, according to the firm, is aimed at helping business to reduce their carbon footprint. It supports the UAE Vision 2021 for a sustainable environment and includes construction of the largest distributed solar rooftop project in the Middle East, with the installation of 88,000 rooftop solar panels on DP World’s Dubai facilities. It is estimated that the panels will produce enough clean power for 3,000 homes a year.

While some cool storage facilities are now running entirely on solar energy, an increasing number of other Jafza warehouses will become more energy efficient as DP World’s Solar Programme is rolled out over the coming years.

Sultan Ahmed Bin Sulayem, DP World Group Chairman and CEO, said, “Corporate citizenship is part of the fabric of society today and it will play a major part in our future. Building green infrastructure allows us to reduce carbon footprint in our facilities. By investing in these projects, we also encourage the development of new skills, driving economic growth and job creation.

“Our experience and studies have shown that a mindset to conserve and the development of sustainable business practices enables efficient operation. This streamlines effort and saves resources, which enhances employee productivity and reduces cost. It a win-win for all.”

DP World’s Solar Programme also contributes to energy diversification in the region as part of Dubai’s Integrated Energy Strategy 2030, which seeks to reduce energy demand by 30 percent by 2030.

DP World has been reporting results across its portfolio in 40 countries, monitoring energy use, making terminal operations more efficient, embracing renewable energy projects and investing in low-carbon technologies.

The post DP World opens UAE’s first green storage, warehouse facilities appeared first on Tahawul Tech.

(c) 2018 Corporate Publishing International. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on DP WORLD LTD
12/10DP WORLD : closes acquisition of Unifeeder, boosting hinterland and multimodal a..
AQ
12/08DP WORLD : closes acquisition of 100% shares of Unifeeder
AQ
12/08DP WORLD : Posorja has financing of $377 million
AQ
12/08DP WORLD : Announces closing of unifeeder group transaction
AQ
12/06DP WORLD : acquires Unifeeder Group for $747m
AQ
12/06WAM GLOBAL : DP World closes acquisition of 100 percent shares of Unifeeder Grou..
AQ
12/06DP WORLD : Dubai's DP World closes $748m deal for Danish firm Unifeeder
AQ
12/06DP WORLD : Dubai's DP World acquires Danish Unifeeder for $748 million
AQ
11/30DP WORLD : Virgin Hyperloop to feature passenger pod simulation at Expo 2020
AQ
11/28DP WORLD : Virgin Hyperloop One stresses plans to connect GCC
AQ
More news
News from SeekingAlpha
2016THE ISHARES MSCI CAPPED UNITED ARAB : Undiscovered Dividend? 
Financials ($)
Sales 2018 5 324 M
EBIT 2018 1 802 M
Net income 2018 1 174 M
Debt 2018 7 225 M
Yield 2018 2,61%
P/E ratio 2018 11,79
P/E ratio 2019 11,01
EV / Sales 2018 3,91x
EV / Sales 2019 3,38x
Capitalization 13 587 M
Chart DP WORLD LTD
Duration : Period :
DP World Ltd Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 9
Average target price 24,0 $
Spread / Average Target 47%
EPS Revisions
Managers
NameTitle
Sultan Ahmed Sultan bin Sulayem Group Chairman & Chief Executive Officer
Yuvraj Narayan Group Chief Financial Officer & Executive Director
Chin Seng Teo Senior Vice President-Information Technology
Deepak Shantilal Parekh Senior Independent Non-Executive Director
Robert Barclay Woods Independent Non-Executive Director
Sector and Competitors