All Brands Owned by DP World

Who owns DP World?
DP World is 100 per cent owned by Port and Free Zone World, a wholly-owned subsidiary of Dubai World. Dubai World is a state investment vehicle of the Government of Dubai. The ownership chain runs from the Government of Dubai through Dubai World, through Port and Free Zone World, to DP World. Sultan Ahmed bin Sulayem serves as group chairman and CEO and has led the organization since 1991.

Is DP World publicly traded?
No. DP World was delisted from NASDAQ Dubai in 2020 after Port and Free Zone World acquired the 19.55 per cent public float at $16.75 per share. The company was previously listed from November 2007, when it raised approximately $5 billion in the Middle East's largest IPO. DP World also had a secondary listing on the London Stock Exchange from 2011 to 2015, which was discontinued due to weak trading volumes.

When was DP World founded?
DP World was founded in 2005 through the merger of Dubai's port operations under a single brand. Its predecessor, the Dubai Ports Authority, was established in 1991 through the merger of Jebel Ali Port and Port Rashid. The international expansion arm, DPI Terminals, was founded in 1999. The current DP World brand was created when these entities were consolidated in 2005.

What is DP World's revenue?
DP World reported record revenue of $20.0 billion in fiscal year 2024, a 9.7 per cent increase over the prior year. Adjusted EBITDA was $5.5 billion with a margin of 27.2 per cent. Profit for the year was $1.5 billion, down 2 per cent due to higher finance costs. The revenue growth was driven by improved port and terminal performance and contributions from new acquisitions and concessions.

How many terminals does DP World operate?
DP World operates more than 80 marine and inland terminals across six continents. In fiscal year 2024, the company handled 88.3 million TEUs and surpassed 100 million TEUs of total container handling capacity. Key hubs include Jebel Ali Port in Dubai, London Gateway in the United Kingdom, and Antwerp in Belgium.

Does DP World operate in India?
Yes. DP World operates five container terminals in India, including Chennai Container Terminal (operational since 2001), two terminals at Jawaharlal Nehru Port Authority (NSICT and NSIGT), and facilities at other ports. A new terminal at Tuna-Tekra near Deendayal Port in Gujarat is under construction with a $510 million investment and is expected to begin operations by the end of 2027.

What is the Djibouti dispute about?
DP World has been in a legal dispute with the Government of Djibouti since 2012 over the Doraleh Container Terminal concession. Djibouti seized the terminal in February 2018 and cancelled DP World's contract. The London Court of International Arbitration ruled the seizure was illegal and ordered Djibouti to pay over $385 million in damages. DP World has also filed claims against China Merchants Port Holdings in Hong Kong courts, alleging it induced Djibouti to expel DP World.

Who is the CEO of DP World?
Sultan Ahmed bin Sulayem is the group chairman and chief executive officer of DP World. He has led the organization since its origins as the Dubai Ports Authority in 1991 and oversaw its transformation from a domestic port operator into a global logistics company. He holds the dual role of chairman and CEO, concentrating strategic decision-making at the top of the organization.