Dubai – Mubasher: The US-China trade war could deter long-term investments, DP World’s chairman Sultan Ahmed bin Sulayem said.
Banks have become more careful when taking credit decisions, he added, according to Albayan newspaper.
The top official stated that DP World was expected to expand in many global markets in the coming period, including the UK.
In August 2018, DP World has said that its net profits fell 2% to $593 million in the first six months of 2018, from $606 million during H1-17.
Dubai's state-owned ports operator’s revenues rose to $2.62 billion during the six-month period ended June, from SAR 2.29 billion during H1-17, according to a statement.
