Dubai Port Operator Sheds 60% Profits Amid Red Sea Disruption ...Middle East

OILPRICE - Economy
Dubai Port Operator Sheds 60% Profits Amid Red Sea Disruption
source : OILPRICE ( Middle East ) () 50
DP World, a key Dubai-based port operator, reported earnings on Thursday, showing a ~60% profit plunge due to Red Sea attacks by Yemen’s pro-Iran Houthi rebels, who claim to be retaliating for Israel’s assault on Gaza, the Associated Press reports.  During the same reporting period last year, DP World recorded $651 million in profit. A year later, thanks in part to ongoing Houthi attacks on the Red Sea shipping lane, DP World’s profits are down to $265 million.  “The year 2024 has been marked by a deteriorating…

Hence then, the article about dubai port operator sheds 60 profits amid red sea disruption was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Dubai Port Operator Sheds 60% Profits Amid Red Sea Disruption )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
Verda und Compal geben Partnerschaft bekannt, um Entwicklung und Ausbau von KI-Infrastruktur zu beschleunigen
PR Newswire - before 7 hours & 32 minute
Malawi: Malawians Mock Fuel Price Cut As 'Cosmetic' Amid Soaring Cost of Living
allafrica - before 7 hours & 11 minute
DUIU raises funding to challenge TikTok-style feeds with participation-first social platform
PR Newswire - before 8 hours & 17 minute
Pakistan Rejects LNG Bids as Energy Crisis Deepens
OILPRICE - before 6 hours & 42 minute
Persistent obtient la spécialisation Databricks Brickbuilder pour les secteurs de la santé et des sciences de la vie, lui permettant d'élargir l'offre de solutions de données et d'IA prêtes à la production pour les environnements réglementé
PR Newswire - before 8 hours & 53 minute
This is what happens when you speak to a financial adviser for the first time
INDEPENDENT - before 5 hours & 40 minute
Safeture Launches Continental Risk Maps for Global Travelers
PR Newswire - before 6 hours & 34 minute
Sohu.com to Report First Quarter 2026 Financial Results on May 18, 2026
PR Newswire - before 9 hours & 8 minute
TELUS Announces Retirement of Chief Financial Officer Doug French and Appointment of Successor Gopi Chande
PR Newswire - before 3 hours & 16 minute
Investment minister: Egypt eyes heavy, agricultural industries localization through partnership with Belarus
EGYPT INDEPENDENT - before 4 hours & 40 minute
Acer Announces April Revenues at NT$31.31 Billion, a Record Month in 12 Years, up 68.4% Year-on-year
PR Newswire - before 4 hours & 23 minute
Global Jet Fuel Exports Hit 10-Year Seasonal Low in April
OILPRICE - before 3 hours & 39 minute


Latest News

Addepar introduceert ADX, waarmee gegevensactivering en opschaalbare AI mogelijk worden gemaakt

before 4 minute

Iran Seizes Sanctioned Oil Tanker in Gulf of Oman

before 9 minute

First Mexican Fuel Oil Cargo in 9 Months Arrives in Asia

before 25 minute

MicroAlgo Inc. Develops Quantum Architecture Search (QAS) Technology to Enhance VQA Robustness and Trainability, Optimizing the Potential of Quantum Computing Devices

before hour & 29 minute

U.S. economy adds 115,000 jobs, a strong gain for an uncertain labor market

before hour & 30 minute

India's Inflation Accelerates as High Energy Prices Start to Bite

before hour & 37 minute

Made-in-China.com's Amazing April Highlights the Shift Toward Real-Time and AI-Assisted Global Sourcing

before 2 hours & 7 minute

Small Business Tour with Miami-Dade County Mayor

before 2 hours & 25 minute

Oil Prices Whipsaw as U.S.-Iran Conflict Shakes Markets

before 2 hours & 30 minute

DeFi Technologies Announces Partnership with OMFIF's Digital Monetary Institute and Confirms Participation at the Digital Money Summit 2026 in London

before 2 hours & 43 minute

Fed officials weigh stable jobs backdrop against rising inflation risks.

before 3 hours & 5 minute

TELUS Announces Retirement of Chief Financial Officer Doug French and Appointment of Successor Gopi Chande

before 3 hours & 16 minute

Global Jet Fuel Exports Hit 10-Year Seasonal Low in April

before 3 hours & 39 minute

Japan& 039;s Nikkei index retreats from record high as SoftBank shares decline

before 3 hours & 58 minute

aytm Reimagines Lighthouse Academy and Debuts the Learning Pal, an AI-Powered Guide Built for the Modern Insights Team

before 4 hours & 7 minute