分类： business

In a landmark announcement at India Maritime Week 2025 in Mumbai, Dubai-based global logistics giant DP World unveiled plans to invest $5 billion in India’s logistics and port infrastructure. This significant commitment builds on the company’s three-decade-long partnership with India, during which it has already invested $3 billion. The new funding aims to enhance supply chain efficiency, strengthen multimodal connectivity, and bolster both export and domestic trade capabilities. The announcement was made in the presence of Sarbananda Sonowal, India’s Minister of Ports, Shipping and Waterways, alongside the signing of five strategic Memorandums of Understanding (MoUs).

Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World, emphasized the company’s enduring commitment to India’s growth. ‘DP World has been a part of India’s growth story for nearly three decades,’ he stated. ‘This investment and our new partnerships reaffirm our dedication to advancing India’s maritime and logistics industry, solidifying its position as a global trade leader.’ Bin Sulayem highlighted the alignment of DP World’s initiatives with India’s national programs, including PM Gati Shakti, Sagarmala, and the Maritime Amrit Kaal Vision 2047, which aim to create a connected, self-reliant India.

The five MoUs cover diverse areas such as green coastal shipping, shipbuilding and repair, skill development, and advanced freight mobility. Key collaborations include Unifeeder’s partnership with Sagarmala Finance Corporation Limited to promote eco-friendly coastal shipping, Cochin Shipyard Limited’s agreement with Drydocks World to expand ship repair facilities, and a tripartite MoU to enhance skill development in shipbuilding. Additionally, DP World will collaborate with Cochin Port Authority to upgrade the International Container Transshipment Terminal (ICTT) in Kochi and work with Deendayal Port Authority and Nevomo to install a 750-meter MagRail Booster pilot track, a step toward automated, low-emission port operations.

With a network spanning over 200 locations in India and supporting more than 24,000 direct and indirect jobs, DP World’s latest investment is poised to significantly boost India’s maritime capabilities and create thousands of new employment opportunities.

In a significant move to enhance intellectual property (IP) protection, China’s National Intellectual Property Administration (CNIPA) has intensified its efforts in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). This initiative aims to foster high-quality regional development by optimizing public services and supporting innovation across key industries such as high-end equipment manufacturing, new energy, and next-generation information technology. Heng Fuguang, CNIPA’s spokesperson, announced these developments at a recent press conference, highlighting the establishment of six national-level IP protection centers, eight rapid IP protection stations, and six platforms to assist entities in resolving overseas IP disputes. A priority examination channel has also been implemented, expediting the review of 16,000 patents in the first half of 2025. Additionally, the GBA has seen the formation of an IP mediation center, with over 60 mediators from Hong Kong and Macao successfully resolving more than 1,700 disputes. To cultivate IP talent and support high-level international cooperation, CNIPA has partnered with Peking University to establish an international IP academy and collaborated with the Ministry of Justice to train lawyers specializing in foreign-related matters. Internship opportunities for Hong Kong patent examiners and technical training for Macao IP officials have also been provided. As of June 2025, the GBA boasts 817,000 valid invention patents and over 8.52 million registered trademarks, accounting for one-sixth of the national total. The Hong Kong-Guangzhou-Shenzhen innovation cluster, ranked first globally in the 2025 Global Innovation Index, underscores the region’s growing prominence in the global innovation landscape.

The UAE has officially announced a reduction in fuel prices for November 2025, offering a slight relief to motorists compared to October rates. The decision, made by the Fuel Prices Monitoring Committee and approved by the Ministry of Energy, reflects the monthly adjustment based on global oil price averages and operational costs of distribution companies. The new prices, effective from November 1, 2025, are as follows: Super 98 at Dh2.63 per litre, Special 95 at Dh2.51 per litre, and E-Plus 91 at Dh2.44 per litre. This marks a decrease from October prices, which were Dh2.77, Dh2.66, and Dh2.58 respectively. For drivers, this translates to savings ranging from Dh4 to Dh15 per full tank, depending on the vehicle type. Compact cars, sedans, and SUVs will see varying savings, with SUVs benefiting the most due to their larger fuel tank capacities. This price adjustment is part of the UAE’s ongoing efforts to align domestic fuel costs with international market trends, ensuring transparency and affordability for consumers.

Tianjin’s Binhai New Area has forged an $80 million investment partnership with Saudi Arabia’s global investment firm, ewpartners, aiming to export China’s advanced industrial systems and supply chain capabilities to bolster Saudi Arabia’s manufacturing sector. The agreement was formalized during the 9th Future Investment Initiative in Riyadh, with key officials from Saudi Arabia’s Public Investment Fund and Jada Fund of Funds in attendance. This collaboration aligns with Saudi Vision 2030, a national strategy focused on economic diversification and industrial transformation, while also supporting ewpartners Fund II, which targets digital, advanced manufacturing, logistics, and consumer sectors. For China, this marks a significant milestone in Tianjin’s industrial expertise ‘going global’ and reinforces the Belt and Road Initiative. Binhai New Area, with a GDP of $108 billion and hosting over 240 Fortune Global 500 companies, is a hub for petrochemicals, electronics, new energy, smart manufacturing, and the digital economy. Its world-class ports serve as a vital link between Asian and Middle Eastern industrial clusters. Wu Di, vice-chairman of the administrative commission of Tianjin Binhai Hi-tech Industrial Development Area, expressed optimism about leveraging Tianjin’s strengths in smart manufacturing, technology, and port logistics to deepen cooperation with Saudi Arabia and the broader Middle East. The initiative aims to integrate Binhai’s expertise in new energy and industrial logistics with ewpartners’ regional network to accelerate technology transfer and industrial upgrades in Saudi Arabia and the Gulf region. Bandr Mohammed Alhomaly, CEO of Jada Fund of Funds, highlighted the shared commitment to Vision 2030 and building a robust private capital ecosystem in Saudi Arabia. Jerry Li, co-founder and managing partner of ewpartners, emphasized that the partnership goes beyond capital, focusing on connecting industries and innovation capabilities to drive high-quality regional development.

Adnoc Distribution, the UAE’s largest fuel and convenience retailer, has announced its strongest quarterly earnings since its 2017 IPO. For Q3 2025, the company reported a 15.9% year-on-year increase in EBITDA, reaching $319 million, while net profit surged 21.5% to $221 million. The first nine months of 2025 also saw record results, with EBITDA rising 12% to $885 million and net profit climbing 15.6% to $579 million. This performance was driven by robust fuel volumes, network expansion, and growth in non-fuel retail, with fuel volumes hitting a historic high of 11.7 billion litres. The company added 85 new service stations in the first nine months, including 72 in Saudi Arabia, marking a 150% year-on-year increase in its network there. Adnoc Distribution has now raised its full-year expansion target to 90–100 new stations, up from the previous guidance of 60–70. At its inaugural Investor Majlis event, the company announced plans to extend its dividend policy to 2030, subject to shareholder approval. Starting Q1 2026, dividends will be paid quarterly, with a minimum commitment of $4.9 billion between 2023 and 2030. CEO Bader Saeed Al Lamki attributed the success to the company’s transformation into a mobility and convenience retail leader, emphasizing its flexible platform and long-term growth strategy. Non-fuel retail also saw significant growth, with Q3 gross profit up 14.7% year-on-year and 39.6 million transactions recorded in the first nine months, a 10.2% increase. The company relaunched its convenience store brand as ‘Oasis by Adnoc’, offering upgraded food and beverage options, and expanded its lubricant brand, Adnoc Voyager, to 50 export markets. Additionally, its E2GO network of EV charging points grew to 368 across the UAE. With nearly 980 service stations across the UAE, Saudi Arabia, and Egypt, Adnoc Distribution is focused on innovation, regional growth, and customer-centric execution to redefine convenience and mobility in the region.

Tecom Group PJSC, a leading Dubai-based developer and operator of specialised business districts, has announced impressive financial results for the first nine months of 2025. The company reported a net profit of Dh1.1 billion, marking an 18% year-on-year increase. This growth was fueled by higher occupancy rates, increased rental income, and strategic portfolio expansion. Revenue for the period surged by 20% to Dh2.1 billion, while EBITDA rose to Dh1.7 billion, maintaining a robust margin of 79%. Funds from operations also grew by 16%, reaching Dh1.5 billion. The Group’s operational performance was strong across its Commercial, Industrial, and Land Lease segments. Commercial and Industrial assets achieved a 96% occupancy rate, up 2% from the previous year, while Land Lease occupancy jumped 8% to 98%. Abdulla Belhoul, CEO of Tecom Group, attributed the success to the company’s agility in navigating market dynamics and its disciplined focus on delivering customer value. He highlighted the Dh4.3 billion strategic expansion plan and Dubai’s appeal as a top destination for Greenfield FDI projects as key drivers of momentum. In Q3 2025 alone, Tecom Group generated Dh724 million in revenue, a 19% year-on-year increase, with net profit rising 10% to Dh373 million. EBITDA for the quarter reached Dh563 million, up 13% from the same period last year. A significant milestone was the Dh1.6 billion acquisition of 138 land plots in Dubai Industrial City, adding 33 million sq.ft. to its portfolio. This expansion increased the Group’s total Land Lease holdings to over 209 million sq.ft., solidifying Dubai Industrial City’s position as a hub for manufacturing and logistics. The acquisition aligns with national initiatives such as Operation 300bn, Make it in the Emirates, and the Dubai Economic Agenda ‘D33’, which aim to accelerate industrial growth in the UAE. Additionally, Tecom concluded its dividend policy with a final Dh400 million payout for H1 2025, bringing the total dividends over three years to Dh2.4 billion, in line with its commitment to shareholder returns following its 2022 listing.