Armies of Liberation

Jane Novak's blog about Yemen

DP World sells off Yemen contract

Filed under: Aden, Ports, Transportation, Yemen, govt budget — by Jane Novak at 7:52 am on Sunday, September 23, 2012

NYR | DP World sold Thursday its 50 percent stakes at the Port of Aden just four years after taking over operational responsibility.

The Dubai-based terminal operator has received around $27 million for its share in the Aden Container Terminal (ACT) from its joint venture partner Yemen Gulf of Aden Ports Corporation, according to the JOC. (Read on …)

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