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16-Jun-2016

DP world inks agreement as “Premier Global Trade Partner” of Expo 2020

DP World (DPW.DI) has signed an agreement naming it the “ Premier Global Trade Partner” of Expo 2020 Dubai, making it the third premier partner to be announced to date, the agreement was signed by H.H. Sheikh Ahmed bin Saeed Al Maktoum. Through the partnership agreement, participating countries will be able to employ ports in their home countries as well as Jebel Ali Port for their transport requirements allowing them to take advantage of one of the the most modern ports in the region that is well equipped to accommodate the world’s largest container vessels, according to Sultan Ahmed Bin Sulayem, Chairman and CEO of DP World. The partnership will offer DP World opportunities in augmenting its international profile by building solid relationships with the global event’s participants, which includes: nations, corporations and multilateral organisations. DP World’s Premier Partnership is the highest of the three tiers offered in Expo 2020’s partnership programme; as it grants exclusive marketing rights and benefits, in addition to the opportunity to own a pavilion during the Expo. ( Company Press Release)   DP World (DU): AED17.99 as of 15 June 2016, Rating: Buy, FV: AED22.00 per share, MCap: USD14,932mn, DPW DU / DPW.DI

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