DP World reaches key milestone in $800m Port of Tartous investment in Syria
Dubai: DP World has reached a significant milestone in its US$800 million investment programme to transform the Port of Tartous , completing the delivery of three Mobile Harbour Cranes (MHCs) that will strengthen Syria’s trade infrastructure and support the country’s economic recovery. The three cranes are expected to increase the…
DP World has completed a significant milestone in its $800 million investment plan for the Port of Tartous in Syria, installing three Mobile Harbour Cranes (MHCs). The cranes are expected to boost the port's cargo-handling capacity by approximately 40%, according to the Dubai Media Office. This development comes as DP World expands its investment across its global network, despite disruptions to trade in the Middle East.
The company reported a 13.1% revenue increase to $12.7 billion in the first half of 2026, up from $11.2 billion in the same period last year. DP World CEO Yuvraj Narayan highlighted that the growth in Africa, the Americas, Asia Pacific, and Europe, excluding Jebel Ali, contributed to the company's performance.
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