Latest news with #SultanAhmedbinSulayem
Time of India
2 days ago
- Business
- Time of India
Corridors of innovation - India and Dubai's infrastructure pact in action
While global attention often lingers on freight disruptions and shipping capacity, a more transformational shift is quietly unfolding between India and the United Arab Emirates. The two economies are not simply moving more goods—they are reimagining the infrastructure that enables it. At the center of this transformation is the India–Dubai corridor—where bilateral investments, joint digital systems, and co-developed logistics hubs are setting a new benchmark for regional trade cooperation. From deep-sea ports in Gujarat to dry port ecosystems in Maharashtra, and from Dubai's electric vehicle–equipped logistics hubs to shared cargo visibility platforms, a next-generation trade corridor is taking shape. This is not just about improving trade. It is about engineering interdependence through concrete, code, and coordinated policy. In January 2025, DP World confirmed a $2.5 billion 1 global investment package, with a significant share allocated to Indian logistics partnerships and multimodal corridors connecting the subcontinent to the UAE. 'This US$ $2.5 billion commitment reflects our confidence in long-term trade growth and our determination to build the infrastructure needed to keep the world connected,' H.E. Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World, had then emphasised. The Tuna Tekra terminal in Gujarat, developed in partnership with Adani Ports 2 , is a flagship project. The facility includes a 1.1-kilometre berth, advanced handling equipment, and direct rail access to India's Western Dedicated Freight Corridor. It is already being positioned as a key node for cargo headed toward the Middle East, Africa, and Europe. 'Gujarat's port infrastructure is no longer just for maritime throughput—it's becoming a base for integrated, value-added logistics,' said an official at India's Ministry of Ports. On the other side of the Arabian Sea, Jebel Ali Port continues to evolve. With over 1,000 Indian companies 3 operating out of its Free Zone, and increasing warehousing demand from Indian exporters of electronics, textiles, and pharmaceuticals, Dubai's role is shifting from a gateway to a collaborative hub. This deepening integration between Indian exporters and Dubai's multimodal logistics network is now being reinforced by a shared emphasis on sustainability and innovation—marking a new phase in the bilateral trade journey. Sustainability is no longer a talking point—it is a design principle. At JNPT, India's busiest container port, a $131 million 4 modernisation initiative funded by the Asian Development Bank is installing electric cranes, upgrading yards, and integrating solar energy into port operations. 'Enhancing trade infrastructure is no longer about volume alone. It's about climate resilience, smart energy, and urban integration,' said Ashok Lavasa, Vice-President for Private Sector Operations and Public–Private Partnerships – Asian Development Bank (ADB) Across the Gulf, DP World's Jebel Ali Port is deploying AI-enabled route planning for electric terminal vehicles. The model draws on lessons from the company's Callao port in Peru, where EV deployment saved 2,400 tonnes 5 of CO₂ in just over a year. India's Jalna Dry Port in Maharashtra is another vital node in the corridor. Once operational, it will process up to 10 million TEUs annually 6 , directly linking central India's industries to global export lanes via JNPT and Tuna Tekra. 'India's freight corridors and dry port ecosystems are starting to mirror the integrated logistics we've built in Dubai—tailored for domestic scale and rural access,' said a DP World infrastructure planner involved in Indian operations. Dubai is responding in kind. The Roads and Transport Authority 7 has announced feasibility studies to build inland consolidation hubs based on India's Jalna and Dadri dry port models, aimed at decentralising last-mile freight. Digital transformation is perhaps the most forward-looking development. In Q1 2025, Indian Customs and Dubai's Ports, Customs and Free Zone Corporation began piloting a joint cargo visibility platform. The blockchain-enabled dashboard allows real-time tracking from Indian factories to UAE warehouses. It also integrates customs clearances, container scans, and CO₂ footprint calculators. Industry leaders such as Soham Chokshi, CEO & Co-Founder of Shipsy, emphasise that digital visibility and automation are now mission-critical for SMEs exporting through corridors like India–Dubai, driving both reliability and sustainability. On digitalisation and future-ready shipping, the Union Minister reiterated how it is the core strategy of India's maritime policy. India's naval policies, such as ONOP, NLP (Marine), and MAITRI, are streamlining port services, reducing transaction times, and enabling real-time data. India is also partnering with the UAE and Singapore to create Virtual Trade Corridors for seamless cargo movement. 'India's maritime vision, rooted in ' Vasudhaiva Kutumbakam ', promotes collaboration and shared prosperity. As a reliable and responsible partner, India is committed to building a green, secure, and inclusive maritime future,' said Union Minister Sarbananda Sonowal. Meanwhile, DP World has begun rolling out digital twin technology in terminals at Nhava Sheva and Mundra, following successful deployments at London Gateway and Constanța. These simulations help ports optimise traffic flows, test maintenance windows, and reduce idle time for container lifts. What's unfolding is not merely an exchange of goods—it's a shared blueprint for long-term infrastructure reliability and strategic cooperation. For India, it means access to high-performing logistics frameworks. For Dubai, it strengthens its position as a global distribution centre for South Asian exports into Africa, Europe, and the wider Middle East. References - Click this link for more on Business in Dubai. Disclaimer - This article is a part of a featured content series on Business in Dubai.
Zawya
02-06-2025
- Business
- Zawya
PCFC and Government of Ghana sign MoU to establish an economic zone & digital incubator in Accra
Samuel Nartey George: This partnership will position Ghana as a regional hub for technological advancement in Africa The Ports, Customs and Free Zone Corporation (PCFC) and Government of Ghana have signed a landmark Memorandum of Understanding (MoU) to establish Ghana's first economic zone and digital incubator in Accra. The initiative aims to accelerate the country's transformation into a regional technology powerhouse, attracting investment into West Africa. The MoU was signed by H.E. Sultan Ahmed bin Sulayem, Chairman of PCFC, and Hon. Samuel Nartey George, Ghana's Minister for Communication, Digital Technology and Innovation. Under the agreement, a 25 square kilometer area in Accra will be allocated to PCFC for the development of the economic zone. PCFC will lead the zone's operations and attract global technology firms, facilitating investment and business expansion. The MoU also includes joint efforts to establish digital infrastructure and property development within the zone. H.E. Sultan Ahmed bin Sulayem affirmed that PCFC's commitment to supporting the UAE's global outreach and sharing Dubai's pioneering experience in innovation and economic development. 'This initiative underscores our strategic relationships worldwide and reinforces PCFC's role as a key contributor to Dubai's knowledge and innovation-based economy. We are focused on launching cutting-edge projects that promote sustainable growth, invest in human capital and advanced technology, to cement Dubai's status as a global hub for smart technologies and digital transformation'. He also expressed his appreciation for the Government of Ghana's trust in PCFC's expertise and its warm reception of the initiative. 'This smart economic zone, combining innovation, technology, and logistics, will foster commercial growth and strengthen Ghana's industrial and technological infrastructure'. Hon. Samuel Nartey George stated that the partnership will significantly bolster Ghana's economic position, transforming it into a regional technology hub in Africa. 'This initiative aligns with Ghana's vision for digital transformation and sustainable economic growth. The zone will play a pivotal role in attracting global businesses and talent, positioning Accra as a destination of choice on the international stage.' PCFC will implement and manage the advanced digital infrastructure in the zone to support the growth of local and regional businesses across Africa. The project will provide a robust platform for innovation, investment opportunities that empower global and local expansion. Dedicated teams from both countries specializing in AI and investment will manage the zone, fostering innovation, business growth and regional connectivity. The collaboration aims to empower local communities, traders, and investors, driving inclusive and sustainable economic progress across the continent. The partnership marks a major milestone in fostering international partnerships that advance technology and economic development, positioning Ghana at the forefront of Africa's digital future.
Zawya
27-05-2025
- Business
- Zawya
DP World unit in deal to develop Al Rawdah Special Economic Zone project
Mahadha Development Company, an Emirati-Omani joint venture majority owned by DP World, today (May 26) signed an agreement with Omani authorities for the development of the first phase of Al Rawdah Special Economic Zone in Al Buraimi Governorate. The Phase 1 will cover 14 sq km, with expansion plans to reach 25 sq km in Phase 2. The zone will benefit from direct connectivity to both Jebel Ali Port in Dubai and Omani ports, enhancing cross-border logistics. Under the agreement, Mahadha will be responsible for developing the infrastructure and facilities, preparing the masterplan and environmental studies, and designing the initial layout. The first phase will target a range of economic activities, including manufacturing, logistics, warehousing, pharmaceuticals, medical supplies, plastics, mining, food processing, and security and safety services - all provided through an integrated one-stop-shop service model. The agreement was signed by Engineer Ahmed bin Hassan Al Dheeb, Deputy Chairman of the Public Authority for Special Economic Zones and Free Zones (Opaz), and Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World, representing Mahadha Development Company, which will develop the new zone. The deal was inked in the presence of Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai, and Sayyid Theyazin bin Haitham Al Said, Minister of Culture, Sports and Youth of Oman. On the occasion, Bin Sulayem said: "The Al Rawdah Special Economic Zone represents a new chapter in the growing economic relationship between the UAE and the Sultanate of Oman. Through close collaboration with Opaz and our Omani partners, this new zone will strengthen our deep trade ties while reflecting our shared ambition for sustainable and diversified economic growth." "At DP World, we are committed to developing a world-class platform that will create new opportunities for growth, strengthen connectivity and bring long-term economic value to both Oman and the UAE," he stated. In his speech, Engineer Al Dheeb said: "The Al Rawdah Special Economic Zone has been designed to support key development goals, including creating jobs, attracting advanced knowledge and modern technologies, and fostering a business-friendly environment that aligns with the sustainable development objectives of Oman Vision 2040." "The zone's strategic location in the Buraimi Governorate - at the crossroads between Oman and the UAE - provides seamless connectivity to both Sohar Port and Jebel Ali Port. This positioning is expected to enhance logistics efficiency, lower costs, and improve market access across Gulf, Asian, and African trade routes," he added. The Al Rawdah project is a strategic initiative that will leverage its geographic location to strengthen supply chains, re-export activity, and logistics connectivity between Oman, the UAE, and international markets. The zone will serve as a key engine of economic diversification aligned with the Dubai Economic Agenda D33 and Oman Vision 2040. It aims to attract foreign direct investment (FDI), increase industrial output, and create thousands of jobs as the zone scales over the coming decades. In 2024, non-oil trade between the UAE and Oman reached a record AED56 billion - a 9.8% increase from the previous year - highlighting the deepening economic partnership. The Al Rawdah Zone is expected to accelerate this trend by establishing a modern and advanced ecosystem for trade and manufacturing. DP World brings four decades of expertise in developing and operating economic zones, including the Jebel Ali Free Zone (Jafza), the first free zone in the Middle East and one of the most successful globally. This experience along with its portfolio of 11 economic zones worldwide positions DP World to deliver a future-ready, integrated platform in Oman, supported by Opaz's national development strategy.- TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Trade Arabia
26-05-2025
- Business
- Trade Arabia
DP World unit in deal to develop Al Rawdah Special Economic Zone project
Mahadha Development Company, an Emirati-Omani joint venture majority owned by DP World, today (May 26) signed an agreement with Omani authorities for the development of the first phase of Al Rawdah Special Economic Zone in Al Buraimi Governorate. The Phase 1 will cover 14 sq km, with expansion plans to reach 25 sq km in Phase 2. The zone will benefit from direct connectivity to both Jebel Ali Port in Dubai and Omani ports, enhancing cross-border logistics. Under the agreement, Mahadha will be responsible for developing the infrastructure and facilities, preparing the masterplan and environmental studies, and designing the initial layout. The first phase will target a range of economic activities, including manufacturing, logistics, warehousing, pharmaceuticals, medical supplies, plastics, mining, food processing, and security and safety services - all provided through an integrated one-stop-shop service model. The agreement was signed by Engineer Ahmed bin Hassan Al Dheeb, Deputy Chairman of the Public Authority for Special Economic Zones and Free Zones (Opaz), and Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World, representing Mahadha Development Company, which will develop the new zone. The deal was inked in the presence of Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai, and Sayyid Theyazin bin Haitham Al Said, Minister of Culture, Sports and Youth of Oman. On the occasion, Bin Sulayem said: "The Al Rawdah Special Economic Zone represents a new chapter in the growing economic relationship between the UAE and the Sultanate of Oman. Through close collaboration with Opaz and our Omani partners, this new zone will strengthen our deep trade ties while reflecting our shared ambition for sustainable and diversified economic growth." "At DP World, we are committed to developing a world-class platform that will create new opportunities for growth, strengthen connectivity and bring long-term economic value to both Oman and the UAE," he stated. In his speech, Engineer Al Dheeb said: "The Al Rawdah Special Economic Zone has been designed to support key development goals, including creating jobs, attracting advanced knowledge and modern technologies, and fostering a business-friendly environment that aligns with the sustainable development objectives of Oman Vision 2040." "The zone's strategic location in the Buraimi Governorate - at the crossroads between Oman and the UAE - provides seamless connectivity to both Sohar Port and Jebel Ali Port. This positioning is expected to enhance logistics efficiency, lower costs, and improve market access across Gulf, Asian, and African trade routes," he added. The Al Rawdah project is a strategic initiative that will leverage its geographic location to strengthen supply chains, re-export activity, and logistics connectivity between Oman, the UAE, and international markets. The zone will serve as a key engine of economic diversification aligned with the Dubai Economic Agenda D33 and Oman Vision 2040. It aims to attract foreign direct investment (FDI), increase industrial output, and create thousands of jobs as the zone scales over the coming decades. In 2024, non-oil trade between the UAE and Oman reached a record AED56 billion - a 9.8% increase from the previous year - highlighting the deepening economic partnership. The Al Rawdah Zone is expected to accelerate this trend by establishing a modern and advanced ecosystem for trade and manufacturing. DP World brings four decades of expertise in developing and operating economic zones, including the Jebel Ali Free Zone (Jafza), the first free zone in the Middle East and one of the most successful globally.
Sharjah 24
26-05-2025
- Business
- Sharjah 24
Hamdan bin Mohammed witnesses Al Rawdah Zone agreement signing
High-level attendance at signing ceremony The signing of the agreement, which took place in Muscat, was attended by His Highness Sayyid Theyazin bin Haitham Al Said, Minister of Culture, Sports and Youth of Oman. The agreement is part of the flourishing economic cooperation between the two nations. Signatories of the agreement The agreement was signed by Eng. Ahmed bin Hassan Al Dheeb, Deputy Chairman of the Public Authority for Special Economic Zones and Free Zones (OPAZ), and Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World, representing Mahadha Development Company, which will develop the new zone. Mahadha Development Company is an Emirati-Omani joint venture in which DP World is the majority partner. Comments from DP World Chairman and CEO Commenting on the occasion, Sultan Ahmed bin Sulayem said: 'The Al Rawdah Special Economic Zone represents a new chapter in the growing economic relationship between the UAE and the Sultanate of Oman. Through close collaboration with OPAZ and our Omani partners, this new zone will strengthen our deep trade ties while reflecting our shared ambition for sustainable and diversified economic growth.' He added: 'At DP World, we are committed to developing a world-class platform that will create new opportunities for growth, strengthen connectivity and bring long-term economic value to both Oman and the UAE.' Speech by deputy chairman of OPAZ In his speech, Eng. Ahmed bin Hassan Al Dheeb highlighted: "The Al Rawdah Special Economic Zone has been designed to support key development goals, including creating jobs, attracting advanced knowledge and modern technologies, and fostering a business-friendly environment that aligns with the sustainable development objectives of Oman Vision 2040.' He added: 'The zone's strategic location in the Buraimi Governorate - at the crossroads between Oman and the UAE - provides seamless connectivity to both Sohar Port and Jebel Ali Port. This positioning is expected to enhance logistics efficiency, lower costs, and improve market access across Gulf, Asian, and African trade routes.' Project details and expansion plans Phase 1 of the project will cover 14 square kilometres, with expansion plans to reach 25 square kilometres in Phase 2. The zone will benefit from direct connectivity to both Jebel Ali Port in Dubai and Omani ports, enhancing cross-border logistics. Responsibilities of Mahadha Development Company Under the agreement, Mahadha Development Company will be responsible for developing the infrastructure and facilities, preparing the masterplan and environmental studies, and designing the initial layout. The first phase will target a range of economic activities, including manufacturing, logistics, warehousing, pharmaceuticals, medical supplies, plastics, mining, food processing, and security and safety services - all provided through an integrated one-stop-shop service model. Strategic importance of Al Rawdah Project The Al Rawdah project is a strategic initiative that will leverage its geographic location to strengthen supply chains, re-export activity, and logistics connectivity between Oman, the UAE, and international markets. The zone will serve as a key engine of economic diversification aligned with the Dubai Economic Agenda D33 and Oman Vision 2040. It aims to attract foreign direct investment (FDI), increase industrial output, and create thousands of jobs as the zone scales over the coming decades. Growth in UAE-Oman trade In 2024, non-oil trade between the UAE and Oman reached a record AED56 billion - a 9.8% increase from the previous year - highlighting the deepening economic partnership. The Al Rawdah Zone is expected to accelerate this trend by establishing a modern and advanced ecosystem for trade and manufacturing. DP World's expertise in economic zones DP World brings four decades of expertise in developing and operating economic zones, including the Jebel Ali Free Zone (Jafza), the first free zone in the Middle East and one of the most successful globally. This experience along with its portfolio of 11 economic zones worldwide positions DP World to deliver a future-ready, integrated platform in Oman, supported by OPAZ's national development strategy. Distinguished attendees at the signing ceremony The signing was attended by His Highness Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai; His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority, Chairman of Dubai Airports, and Chairman and Chief Executive of Emirates Airline and Group; and Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of the Dubai Culture and Arts Authority. Also present at the signing were Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs; Sheikh Salem bin Khalid Al Qassimi, Minister of Culture; His Excellency Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade; Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Application; Maryam bint Ahmed Al Hammadi, Minister of State; Sultan bin Saeed Al Mansoori, Chairman of Dubai Chambers; Abdulla Al Basti, Secretary General of The Executive Council of Dubai; Lieutenant General Talal Belhoul Al Falasi, President of Dubai's State Security Department; and Helal Saeed Al Marri, Director General of Dubai Department of Economy and Tourism.
