DP World plans to move its head office to Expo City Dubai.
The company has been based in Jebel Ali since it was established under its current name in September 2005.
“DP World's relocation to Expo City Dubai is a not an isolated project; it is one of many within our overall transformation to become the leading global provider of end-to-end supply chain solutions,” Sultan bin Sulayem, group chairman and chief executive of DP World, said in a statement on Sunday.
DP World’s new head office is expected to house about 800 staff, the company said, without specifying when it would make the move.
DP World's new head office will be nine storeys high and have a total of 37,300 square metres of space, according to state news agency Wam.
DP World, which runs ports around the world, pledged in 2021 to become a carbon-neutral enterprise by 2040 and achieve net-zero carbon emissions by 2050.
It has also set a target of a 28 per cent reduction in its carbon footprint by 2030.
At the Cop27 summit in Egypt in November 2022, the company pledged to invest up to $500 million to cut carbon emissions from its operations over the next five years.
DP World’s long-term strategy involves electrifying operations and exploring low-carbon fuel use and other solutions such as carbon-neutral synthetic natural gas.
In October, the company raised $1.5 billion in a green sukuk issuance to fund its global decarbonisation projects.
The Islamic bond was oversubscribed 2.3 times amid “strong demand” from global investors and is listed on the Nasdaq Dubai and London Stock Exchange.
Expo City Dubai recently hosted the two-week Cop28 climate conference, which brought in more than 70,000 participants.
“Expo City Dubai is committed to providing an ecosystem for sustainable growth across Dubai’s key sectors, as well as driving meaningful action around some of the greatest challenges of our time,” said Reem Al Hashimy, UAE Minister of State for International Co-operation and chief executive of Expo City Dubai Authority.
The specs: 2018 Audi Q5/SQ5
Price, base: Dh183,900 / Dh249,000
Engine: 2.0L, turbocharged in-line four-cylinder / 3.0L, turbocharged V6
Gearbox: Seven-speed automatic / Eight-speed automatic
Power: 252hp @ 5,000rpm / 354hp @ 5,400rpm
Torque: 370Nm @ 1,600rpm / 500Nm @ 1,370rpm
Fuel economy: combined 7.2L / 100km / 8.3L / 100km
The biog
Birthday: February 22, 1956
Born: Madahha near Chittagong, Bangladesh
Arrived in UAE: 1978
Exercise: At least one hour a day on the Corniche, from 5.30-6am and 7pm to 8pm.
Favourite place in Abu Dhabi? “Everywhere. Wherever you go, you can relax.”
MATCH INFO
Osasuna 1 Real Madrid 4
Osasuna: García (14')
Real Madrid: Isco (33'), Ramos (38'), Vázquez (84'), Jovic (90' 2)
MEFCC information
Tickets range from Dh110 for an advance single-day pass to Dh300 for a weekend pass at the door. VIP tickets have sold out. Visit www.mefcc.com to purchase tickets in advance.
MATCH SCHEDULE
Uefa Champions League semi-final, first leg
Tuesday, April 24 (10.45pm)
Liverpool v Roma
Wednesday, April 25
Bayern Munich v Real Madrid (10.45pm)
Europa League semi-final, first leg
Thursday, April 26
Arsenal v Atletico Madrid (11.05pm)
Marseille v Salzburg (11.05pm)
MATCH INFO
France 3
Umtiti (8'), Griezmann (29' pen), Dembele (63')
Italy 1
Bonucci (36')
The specs: 2018 Genesis G70
Price, base / as tested: Dh155,000 / Dh205,000
Engine: 3.3-litre, turbocharged V6
Gearbox: Eight-speed automatic
Power: 370hp @ 6,000rpm
Torque: 510Nm @ 1,300rpm
Fuel economy, combined: 10.6L / 100km
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SPEC%20SHEET%3A%20SAMSUNG%20GALAXY%20S24%20ULTRA
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The specs
Engine: 1.5-litre turbo
Power: 181hp
Torque: 230Nm
Transmission: 6-speed automatic
Starting price: Dh79,000
On sale: Now
The%20Boy%20and%20the%20Heron
%3Cp%3E%3Cstrong%3EDirector%3A%C2%A0%3C%2Fstrong%3EHayao%20Miyazaki%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%C2%A0Soma%20Santoki%2C%20Masaki%20Suda%2C%20Ko%20Shibasaki%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E5%2F5%3C%2Fp%3E%0A
