Sunday, July 15, 2007

Dubai World focuses on Philippines

DP World one of Dubai Biggest Company operating outside the United Arab Emirates enter in the 7,100 islands of the Philippines. As what I read in the Gulf News (UAE local newspaper) said...
Dubai: Dubai World, the holding company for Nakheel, DP World and several other Dubai entities, is looking for potential projects in the Philippines.
Dubai World chairman Sultan Ahmad Bin Sulayem held talks with Philippines President Gloria Macapagal Arroyo on Friday to explore investment opportunities.
The talks covered Dubai World's interest in exploring investment in the Philippines in areas of ports, free trade zones, property development and the hospitality sector, according to a company statement.
The visit was arranged by the governor of Cebu Province, Gwendolyn Garcia, following her visit to Dubai in June, when she met senior Dubai World executives.

In the Picture Bin Sulayem and his delegation with Arroyo. The talks covered Dubai World's interest in exploring investment in several sectors. (Press Release)



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