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
A4 35 TFSI
Engine: 2.0-litre, four-cylinder
Transmission: seven-speed S-tronic automatic
Power: 150bhp
Torque: 270Nm
Price: Dh150,000 (estimate)
On sale: First Q 2020
A4 S4 TDI
Engine: 3.0-litre V6 turbo diesel
Transmission: eight-speed PDK automatic
Power: 350bhp
Torque: 700Nm
Price: Dh165,000 (estimate)
On sale: First Q 2020
The five new places of worship
Church of South Indian Parish
St Andrew's Church Mussaffah branch
St Andrew's Church Al Ain branch
St John's Baptist Church, Ruwais
Church of the Virgin Mary and St Paul the Apostle, Ruwais
Getting there
The flights
Flydubai operates up to seven flights a week to Helsinki. Return fares to Helsinki from Dubai start from Dh1,545 in Economy and Dh7,560 in Business Class.
The stay
Golden Crown Igloos in Levi offer stays from Dh1,215 per person per night for a superior igloo; www.leviniglut.net
Panorama Hotel in Levi is conveniently located at the top of Levi fell, a short walk from the gondola. Stays start from Dh292 per night based on two people sharing; www. golevi.fi/en/accommodation/hotel-levi-panorama
Arctic Treehouse Hotel in Rovaniemi offers stays from Dh1,379 per night based on two people sharing; www.arctictreehousehotel.com
UAE currency: the story behind the money in your pockets
How to wear a kandura
Dos
- Wear the right fabric for the right season and occasion
- Always ask for the dress code if you don’t know
- Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work
- Wear 100 per cent cotton under the kandura as most fabrics are polyester
Don’ts
- Wear hamdania for work, always wear a ghutra and agal
- Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
Gulf Under 19s
Pools
A – Dubai College, Deira International School, Al Ain Amblers, Warriors
B – Dubai English Speaking College, Repton Royals, Jumeirah College, Gems World Academy
C – British School Al Khubairat, Abu Dhabi Harlequins, Dubai Hurricanes, Al Yasmina Academy
D – Dubai Exiles, Jumeirah English Speaking School, English College, Bahrain Colts
Recent winners
2018 – Dubai College
2017 – British School Al Khubairat
2016 – Dubai English Speaking School
2015 – Al Ain Amblers
2014 – Dubai College
More from Rashmee Roshan Lall
Results
6.30pm Al Maktoum Challenge Round-3 Group 1 (PA) US$100,000 (Dirt) 2,000m, Winner Bandar, Fernando Jara (jockey), Majed Al Jahouri (trainer).
7.05pm Meydan Classic Listed (TB) $175,000 (Turf) 1,600m, Winner Well Of Wisdom, William Buick, Charlie Appleby.
7.40pm Handicap (TB) $135,000 (T) 2,000m, Winner Star Safari, Mickael Barzalona, Charlie Appleby.
8.15pm Handicap (TB) $135,000 (D) 1,600m, Winner Moqarrar, Fabrice Veron, Erwan Charpy.
8.50pm Nad Al Sheba Trophy Group 2 (TB) $300,000 (T) 2,810m, Winner Secret Advisor, William Buick, Charlie Appleby.
9.25pm Curlin Stakes Listed (TB) $175,000 (D) 2,000m, Winner Parsimony, William Buick, Doug O’Neill.
10pm Handicap (TB) $135,000 (T) 2,000m, Winner Simsir, Ronan Whelan, Michael Halford.
10.35pm Handicap (TB) $175,000 (T) 1,400m, Winner Velorum, Mickael Barzalona, Charlie Appleby.
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