DP World said on Wednesday a London court has barred Djibouti's port company from treating its joint venture shareholders' agreement with the Dubai port operator as "terminated".
The High Court of England and Wales has restrained the Port de Djibouti (PDSA) from removing directors appointed by DP World for the Doraleh Container Terminal JV, the company said in a statement .
The court order follows an attempt by PDSA to terminate the agreement with the port operator and calling of an extraordinary shareholders' meeting on September 9 to replace the DP World appointed directors of the JV.
The Nasdaq Dubai-listed company is locked in a legal dispute with Djibouti after authorities in the African state abruptly cancelled in February DP World's contract to run DTC and seized its facilities, which the operator had designed, built and operated.
"PDSA is not to interfere with the management of DCT until further orders of the court or the resolution of the dispute by a London-seated arbitration tribunal," the company statement said.
"If PDSA disobeys the court’s order and seeks to replace DP World nominated directors of DCT on September 9, it may be in contempt of court and face a fine or the seizure of its assets and its officers and directors may be imprisoned.”
PDSA is majority owned by the Government of Djibouti and its chief executive is the chairman of the country's Ports & Free Zones Authority. Hong Kong's China Merchants is the minority shareholder in PDSA.
This is the third legal ruling in relation to the terminal following two previous decisions from the London Court of International Arbitration - all of them in favour of DP World.
The London court recognises that although PDSA is the majority shareholder of the DCT JV, it is DP World that has management control, in accordance with the parties' legally binding contracts.
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Read more:
DP World wins London tribunal case over Djibouti port seizure
Djibouti rejects London court ruling over DP World's Doraleh terminal
DP World warns of legal action on Djibouti violation of concession
DP World denies out-of-court settlement in Djibouti port dispute
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The court has asked PDSA to present its defence at the next hearing scheduled on September 14. The court ruling, issued without PDSA's participation, makes it clear that PDSA cannot appoint new directors or remove DP World's nominated members without its consent.
PDSA also cannot "instruct or cause DCT to give instructions to Standard Chartered Bank in London to transfer funds to Djibouti", the company statement said.
DP World said it is notifying Standard Chartered to reject any instructions that may be sent to them after the September 9 meeting.
China Merchants, who have been given operational control of the Djibouti free zone in breach of DP World’s exclusivity rights, will also be informed given its minority shareholding in PDSA, said to the statement.
In August, DP World insisted its contract to run the port in Djibouti remains in "full force and effect". However, Djibouti state authorities have refused to recognise the LCIA tribunal decision saying the concession agreement contained irregularities and threatened the national interest of Djibouti, according to the statement from the press office of the Presidency of Djibouti.
The Government of Djibouti and its ports authority have been trying to negotiate a compensation deal with DP World, the presidency said. But DP World has rejected an out-of-court settlement with the authorities of the African nation.
Why are asylum seekers being housed in hotels?
The number of asylum applications in the UK has reached a new record high, driven by those illegally entering the country in small boats crossing the English Channel.
A total of 111,084 people applied for asylum in the UK in the year to June 2025, the highest number for any 12-month period since current records began in 2001.
Asylum seekers and their families can be housed in temporary accommodation while their claim is assessed.
The Home Office provides the accommodation, meaning asylum seekers cannot choose where they live.
When there is not enough housing, the Home Office can move people to hotels or large sites like former military bases.
What is Folia?
Prince Khaled bin Alwaleed bin Talal's new plant-based menu will launch at Four Seasons hotels in Dubai this November. A desire to cater to people looking for clean, healthy meals beyond green salad is what inspired Prince Khaled and American celebrity chef Matthew Kenney to create Folia. The word means "from the leaves" in Latin, and the exclusive menu offers fine plant-based cuisine across Four Seasons properties in Los Angeles, Bahrain and, soon, Dubai.
Kenney specialises in vegan cuisine and is the founder of Plant Food Wine and 20 other restaurants worldwide. "I’ve always appreciated Matthew’s work," says the Saudi royal. "He has a singular culinary talent and his approach to plant-based dining is prescient and unrivalled. I was a fan of his long before we established our professional relationship."
Folia first launched at The Four Seasons Hotel Los Angeles at Beverly Hills in July 2018. It is available at the poolside Cabana Restaurant and for in-room dining across the property, as well as in its private event space. The food is vibrant and colourful, full of fresh dishes such as the hearts of palm ceviche with California fruit, vegetables and edible flowers; green hearb tacos filled with roasted squash and king oyster barbacoa; and a savoury coconut cream pie with macadamia crust.
In March 2019, the Folia menu reached Gulf shores, as it was introduced at the Four Seasons Hotel Bahrain Bay, where it is served at the Bay View Lounge. Next, on Tuesday, November 1 – also known as World Vegan Day – it will come to the UAE, to the Four Seasons Resort Dubai at Jumeirah Beach and the Four Seasons DIFC, both properties Prince Khaled has spent "considerable time at and love".
There are also plans to take Folia to several more locations throughout the Middle East and Europe.
While health-conscious diners will be attracted to the concept, Prince Khaled is careful to stress Folia is "not meant for a specific subset of customers. It is meant for everyone who wants a culinary experience without the negative impact that eating out so often comes with."
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The%20specs
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The specs
Engine: 2.0-litre 4cyl turbo
Power: 261hp at 5,500rpm
Torque: 405Nm at 1,750-3,500rpm
Transmission: 9-speed auto
Fuel consumption: 6.9L/100km
On sale: Now
Price: From Dh117,059
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The five pillars of Islam
1. Fasting
2. Prayer
3. Hajj
4. Shahada
5. Zakat
MOUNTAINHEAD REVIEW
Starring: Ramy Youssef, Steve Carell, Jason Schwartzman
Director: Jesse Armstrong
Rating: 3.5/5
THE%20SWIMMERS
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Company profile
Name: Thndr
Started: October 2020
Founders: Ahmad Hammouda and Seif Amr
Based: Cairo, Egypt
Sector: FinTech
Initial investment: pre-seed of $800,000
Funding stage: series A; $20 million
Investors: Tiger Global, Beco Capital, Prosus Ventures, Y Combinator, Global Ventures, Abdul Latif Jameel, Endure Capital, 4DX Ventures, Plus VC, Rabacap and MSA Capital
Killing of Qassem Suleimani
Ant-Man and the Wasp
Director: Peyton Reed
Starring: Paul Rudd, Evangeline Lilly, Michael Douglas
Three stars
if you go
The flights
Etihad, Emirates and Singapore Airlines fly direct from the UAE to Singapore from Dh2,265 return including taxes. The flight takes about 7 hours.
The hotel
Rooms at the M Social Singapore cost from SG $179 (Dh488) per night including taxes.
The tour
Makan Makan Walking group tours costs from SG $90 (Dh245) per person for about three hours. Tailor-made tours can be arranged. For details go to www.woknstroll.com.sg
Student Of The Year 2
Director: Punit Malhotra
Stars: Tiger Shroff, Tara Sutaria, Ananya Pandey, Aditya Seal
1.5 stars
Hot%20Seat
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Four-day collections of TOH
Day Indian Rs (Dh)
Thursday 500.75 million (25.23m)
Friday 280.25m (14.12m)
Saturday 220.75m (11.21m)
Sunday 170.25m (8.58m)
Total 1.19bn (59.15m)
(Figures in millions, approximate)
UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
'The Lost Daughter'
Director: Maggie Gyllenhaal
Starring: Olivia Colman, Jessie Buckley, Dakota Johnson
Rating: 4/5
Lexus LX700h specs
Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
Power: 464hp at 5,200rpm
Torque: 790Nm from 2,000-3,600rpm
Transmission: 10-speed auto
Fuel consumption: 11.7L/100km
On sale: Now
Price: From Dh590,000
The specs: Lamborghini Aventador SVJ
Price, base: Dh1,731,672
Engine: 6.5-litre V12
Gearbox: Seven-speed automatic
Power: 770hp @ 8,500rpm
Torque: 720Nm @ 6,750rpm
Fuel economy: 19.6L / 100km
UAE currency: the story behind the money in your pockets
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More from Neighbourhood Watch:
MATCH INFO
Uefa Champions League final:
Who: Real Madrid v Liverpool
Where: NSC Olimpiyskiy Stadium, Kiev, Ukraine
When: Saturday, May 26, 10.45pm (UAE)
TV: Match on BeIN Sports
Australia tour of Pakistan
March 4-8: First Test, Rawalpindi
March 12-16: Second Test, Karachi
March 21-25: Third Test, Lahore
March 29: First ODI, Rawalpindi
March 31: Second ODI, Rawalpindi
April 2: Third ODI, Rawalpindi
April 5: T20I, Rawalpindi
The specs
Engine: 4.0-litre flat-six
Torque: 450Nm at 6,100rpm
Transmission: 7-speed PDK auto or 6-speed manual
Fuel economy, combined: 13.8L/100km
On sale: Available to order now
The five pillars of Islam
