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Distribution of cash dividends amounting to Dh21.2 million also okayed
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Turnaround strategy to boost profitability to be adopted
DP World operates four terminals in the Philippines and is a partner in Asian Terminals, which operates the modern South Harbour in Manila.
The projects include renovating parks and maintaining landscaped areas in Abu Dhabi Mainland, besides constructing water reservoirs, irrigation systems and modern pumping stations.
Dr Al Nuaimi stressed the authority's desire to unify visions in this vital sector in terms of planning, coordination and legislation to achieve various ambitions at the local, regional and international levels.
The vessels will be designed and built by ADSB to handle the task of protecting Kuwait's territorial waters and maritime facilities from all threats.
Orders for offshore projects and new vessels are hard to come by for the Big Three in 2016
The Dubai Maritime City Authority announced the registration of 1,623 marine crafts, compared to 945 in 2014.
Zayed Port will lease the new facility to Gulf Marine Services for three years.