DUBAI: Port operator DP World says it will create a joint investment project with India’s National Investment and Infrastructure Fund to develop ports and other logistics businesses in the country worth up to $3 billion.
DP World made the announcement in a statement Monday, saying it will look beyond seaports to “river ports and transportation, freight corridors, port-led special economic zones, inland container terminals and logistics infrastructure including cold storage.”
Abu Dhabi Investment Authority in October announced a $1 billion investment in India’s National Investment and Infrastructure Fund, which itself operates like a sovereign wealth fund.
DP World is one of the world’s biggest port operators. The government-backed port operator trades on the NASDAQ Dubai.
DP World and India wealth fund partner to develop ports, logistics businesses
DP World and India wealth fund partner to develop ports, logistics businesses
Stc partners with Qiddiya as Six Flags official connectivity provider
RIYADH: Saudi stc Group has announced its partnership with Qiddiya as the official connectivity partner for the Six Flags theme park, providing telecom services, smart city solutions, and an integrated digital infrastructure in line with global standards, coinciding with the park’s official opening.
Under the partnership, stc will deliver an advanced digital ecosystem to enhance visitors’ experiences at Qiddiya, offering high-performance connectivity and smart technologies to facilitate entry and manage visitor flow within the park, ensuring a seamless and safe experience.
The collaboration reflects stc’s commitment to providing advanced digital infrastructure that supports Qiddiya’s ambitions and elevates the visitor experience.
By leveraging smart connectivity, smart city technologies, and innovative payment solutions, stc aims to deliver an integrated and streamlined experience across the destination.
The initiative also highlights stc’s role in supporting the tourism and entertainment sectors with world-class digital infrastructure that aligns with Saudi Arabia’s vision and future goals.
