Dubai’s dnata opens $41m cargo complex in the UK

A mobile conveyor of air services provider DNATA is seen at Zurich airport, Switzerland April 16, 2019. Picture taken April 16, 2019. (Reuters)
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Updated 24 January 2021
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Dubai’s dnata opens $41m cargo complex in the UK

  • The dnata City North complex can handle 150,000 tons of cargo per year

DUBAI: Emirates Group’s airport services subsidiary dnata has opened a new £30 million ($41.05 million) cargo complex at Manchester Airport in the north of the UK.

The dnata City North complex can handle 150,000 tons of cargo per year, including pharmaceuticals, perishables, dangerous goods, aircraft engines and vehicles.

Alex Doisneau, managing director of dnata UK, said: “We are thrilled to announce the opening of another world-class cargo facility in a strategic location in the UK. Our new, purpose-built facility in Manchester complements our existing multiple UK operations including the dnata City complex at London Heathrow, enabling customers to enhance their operations in the region.

“Our continued investment and expansion in the UK underlines our commitment to our customers and the local cargo industry at a critical time, providing operational excellence at key gateways across the country.”

Dubai’s dnata offers ground handling, cargo and catering services at 126 airports in 19 countries. In the financial year 2019-20 dnata’s customer-oriented teams handled 681,000 aircraft, moved 2.9 million tons of cargo, and uplifted more than 93 million meals.

The company was hit hard by the coronavirus (COVID-19) pandemic, as trade and travel slowed. In its latest half year results announced in November, the company reported that revenue for the previous six months was down 67 percent to AED2.4 billion ($653 million), leading to a loss of AED1.5 billion, compared to a profit of AED311 million during the same period the year before.


Closing Bell: Saudi main market sheds 85 points to finish at 11,098 

Updated 17 February 2026
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Closing Bell: Saudi main market sheds 85 points to finish at 11,098 

RIYADH: Saudi Arabia’s Tadawul All Share Index closed lower in the latest session, falling 85.79 points, or 0.77 percent, to finish at 11,098.06. 

The MSCI Tadawul 30 Index declined 0.63 percent to close at 1,495.23, while the parallel market index Nomu dropped 0.91 percent to 23,548.56.  

Market breadth was firmly negative, with 42 gainers against 218 decliners on the main market. Trading activity saw 226 million shares exchanged, with total turnover reaching SR4.5 billion ($1.19 billion).  

Among the session’s gainers, Tourism Enterprise Co. rose 9.40 percent to SR15.02. SHL Finance Co. advanced 4.51 percent to SR16.00, while Almasar Alshamil for Education Co. gained 3.56 percent to SR23.88.  

Dar Alarkan Real Estate Development Co. added 3.03 percent to SR19.70, and Banque Saudi Fransi climbed 2.61 percent to SR19.30. 

On the losing side, Almasane Alkobra Mining Co. recorded the steepest decline, falling 6.61 percent to SR96.

Al Moammar Information Systems Co. dropped 5.14 percent to SR164.20, while National Company for Learning and Education declined 4.60 percent to SR124.30. Saudi Ceramic Co. slipped 4.14 percent to SR27.30, and Arabian Contracting Services Co. fell 4.12 percent to SR116.50. 

On the announcement front, Saudi Telecom Co. announced the distribution of interim cash dividends for the fourth quarter of 2025 in line with its approved dividend policy.  

The company will distribute SR2.74 billion, equivalent to SR0.55 per share, to shareholders for the quarter.  

The number of shares eligible for dividends stands at approximately 4.99 billion shares. The eligibility date has been set for Feb. 23, with distribution scheduled for March 12.  

The company noted that treasury shares are not entitled to dividends and that payments will be made through Riyad Bank via direct transfer to shareholders’ bank accounts. stc shares last traded at SR44.80, unchanged on the session. 

Separately, National Environmental Recycling Co., known as Tadweer, reported its annual financial results for the year ended Dec. 31, 2025, posting significant growth in revenue and profit.  

Revenue rose 53.5 percent year on year to SR1.24 billion, compared with SR806 million in the previous year. Net profit attributable to shareholders increased 68.4 percent to SR60.9 million, up from SR36.2 million a year earlier, driven by higher sales volumes and operational expansion.

Tadweer shares last traded at SR3.80, up 2.70 percent.