DUBAI PORT OPERATOR DP WORLD TO PULL OUT OF INDONESIA

Dubai, Arab-emirates/' title='United Arab Emirates News'>United Arab Emirates (AP) — One of the World's largest Port operators, DP World, says it will not be renewing its contract in Indonesia after failing to agree on renewal terms with the government. The Dubai government-backed port operator is a 49% shareholder in Indonesia's PT Terminal Petikemas Surabaya, located on the northern shore of Java island, with the other 51% owned by the state's Indonesia Port Corporations. DP World Group Ch...

NewsOK.com (Date:09/17/2017 17:55) Read full article >>

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United Arab Emirates:
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Corporations: A corporation is a separate legal entity that has been incorporated through a legislative or registration process established through legislation. Incorporated entities have legal rights and liabilities that are distinct from their employees and shareholders, and may conduct business as either a pro
Sultan: Sultan is a noble title with several historical meanings. Originally, it was an Arabic language abstract noun meaning "strength", "authority", "rulership" and "dictatorship", derived from the masdar sulah, meaning "authority" or "power". Later, it came to be used as the title of certain rulers who