DP World signed a Memorandum of Understanding (MoU) with the Ukrainian Minister of Infrastructure, Volodymyr Omelyan, to collaborate on matters of mutual interest, including the development of logistics capability in Ukraine, during a recent visit by DP World Group chairman, Sultan Ahmed Bin Sulayem. Bin Sulayem added that DP World’s Constanta Terminal in Romania enjoys a strategic geographic location in the Black Sea, where the MOU reinforces DP World’s commitment to develop world class logistics facilities in the region. Trade between Dubai and Ukraine amounted to more than AED1bn in 2015, with the majority being imports to Dubai, followed by exports and re-exports. Total trade in the first half of 2016 has already crossed AED500mn.( Disclosure)   DP World (DU): AED18.40 as of 19 October 2016, Rating: Buy, FV: AED22.00 per share, MCap: USD15,272mn, DPW DU / DPW.DI