The story of a non-resident Bangladeshi family establishing and running the famed perfume company Al Haramain and its successful subsidiaries
The partnership will also focus on the development and implementation of cutting-edge freight delivery and port processing technologies. The development and promotion of the Asia-Pacific Economic Cooperation (Apec) and Russian Far East transportation corridors, including free ports Vladivostok and Zarubino, also form part of the agreement. Both partners will leverage their international experience and exchange best practice in port management, including the efficient operation of free ports.
DP World group chairman and CEO Sultan Ahmed bin Sulayem said: "We are always on the lookout for opportunities to collaborate with industry peers. This is one of the many ways in which we grow and develop our expertise, by sharing what lessons we've learnt in each of our sectors. The Summa Group have been extensively involved in developing trade infrastructure in Russia and elsewhere. We have done the same with a network of 77 operating marine and inland terminals across six continents and other international interests such as DP World Russia, a joint venture company that targets marine, dry ports and logistics infrastructure in the country.
"I am pleased to have entered discussions with the Summa Group on potential areas of collaboration as Russia has always been an attractive origin and destination market for us with huge long-term growth prospects."
Ziya Magomedov, chairman, Summa Group, said:" We welcome the partnership with DP World, the global leader in port infrastructure and management, to develop free trade zones in Russia, CIS and beyond. The Summa Group is focused on transport and logistics along main trade corridors and partnership with DP World will only enhance such presence, traction and reach. Furthermore, I am confident that together we will also implement and deploy such high-tech solutions that will help transform these trade corridors and the transport and logistics arena as a whole."
- business@khaleejtimes.com
The story of a non-resident Bangladeshi family establishing and running the famed perfume company Al Haramain and its successful subsidiaries
Matches will be played on an exclusive Saturday with no Premier League fixtures taking place on the same day
The plant to be set up in Al Bihouth area is expected to process 900,000 tonnes of waste into energy
The minor didn't take his cellphone or wallet, assuming he'd return quickly
Nadal, 37, who missed virtually all of the 2023 season, is hoping to compete at the French Open in May where he is the record 14-time champion
A Good Samaritan offered him a ride to Bur Dubai for free, declining Sahni's attempt to offer payment
Passengers with cancelled bookings will receive a full credit voucher for the amount paid
Passengers must go to the airport only if they have a confirmed reservation