Dubai port operator DP World suspends staff travel to China

DP World currently operates at three ports in mainland China, as well as another in Hong Kong. (Reuters )
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Updated 29 January 2020

Dubai port operator DP World suspends staff travel to China

  • DP World’s website shows it operates at three ports in mainland China and at another port in Hong Kong

DUBAI: DP World, one of the world’s largest port operators, has suspended all staff travel to China until further notice due to the  Wuhan coronavirus outbreak.

Companies including Facebook, LG Electronics and Standard Chartered are among those restricting travel for employees to China, where the death toll from a flu-like virus rose above 100 on Tuesday.

“All travel to China is suspended until further notice, unless for emergency purposes. We continue to monitor World Health Organization and government advice,” a spokesman at DP World told Reuters on Tuesday.

DP World’s website shows it operates at three ports in mainland China and at another port in Hong Kong.

Chinese nationals, however, would be permitted to travel back to China if they needed to go home, the spokesman added.

“All our ports are complying with the official government health ministry directive for operations, staff health precautions and risk mitigation plans,” he said, adding that ports need to continue to operate for welfare and health purposes, including the import of food and medicine.

Dubai’s Emirates airline has advised its flight crew to stay in their hotels when on a layover in China due to the coronavirus, an internal notice seen by Reuters showed.

The US has warned against travel to China, where the coronavirus outbreak has left millions of Chinese stranded during the country’s biggest holiday of the year. 


MoU signed to facilitate investment in Saudi Arabia

Updated 21 February 2020

MoU signed to facilitate investment in Saudi Arabia

RIYADH: The Saudi Arabian General Investment Authority (SAGIA) and the Diriyah Gate Development Authority (DGDA) signed a memorandum of understanding (MoU) to step up cooperation, the Saudi Press Agency reported on Thursday.

Under the MoU, the two authorities will establish a joint working group to boost cooperation in several areas including facilitation provided to investors, conducting economic studies of the market, building partnerships with commercial and industrial bodies and local companies, launching businesses, promoting the ease of doing business, providing logistic support, participating in local and international exhibitions, forums and special visits and exchanging knowledge and information.

All this will predominantly be in aid of attracting local and foreign investors. 

“SAGIA believes in the importance of such cooperation that can unify and multiply the efforts in a way that sets the world’s attention on the Kingdom’s cultural and heritage treasures and investment opportunities,” said SAGIA Gov. Ibrahim Al-Omar.

“This is done through close cooperation with DGDA to highlight these opportunities and market them internationally and locally. This MoU is a step in the right direction to achieve the objectives and directives of both bodies.”

Jerry Inzerillo, CEO of the DGDA, said: “Cooperating with SAGIA is one of the most important international investment motors to attract local and international investments to the Kingdom. This comes at a time where developing the Kingdom’s investment infrastructure is found within the objectives of its Vision 2030.

“At DGDA, we aim at attracting the best technologies and regional and international investments to the Kingdom. This will contribute to the improvement of the local economy and promote our objectives seeking to turn Diriyah into the Kingdom’s gem and an international economic tourist destination,” he added.