DP Worlds Exit from the Dubai Stock Exchange:

DP World, a major Dubai based logistics company, has announced on Sunday the 16th, that it will be delisting itself from the Nasdaq Dubai stock exchange. Established in 2005 this logistics giant handles almost 10% of the global container traffic. The delisting will help the Port and Free World, which already owns 80.45% of shares, acquire the rest of the 19.55% of the shares which have been listed on Nasdaq Dubai Stock Exchange. This announcem....