Jebel Ali remains premier gateway to GCC

Updated 18 December 2012
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Jebel Ali remains premier gateway to GCC

Jebel Ali Port has handled more than 500,000 vehicles in less than 12 months, DP World said in a statement yesterday. This translates into almost one vehicle imported, exported or re-exported every minute of the day, 24x7. Achieved in the first 49 weeks of this year, the record exceeds the peak levels of 2008 when the number of vehicles handled through the port for the full year was 479,000.
“DP World is proud that our flagship Jebel Ali Port continues to play its full role as the premier gateway to the GCC region. The record number of vehicles that have passed through the port’s facility for roll-on roll-off (Ro-Ro) vehicle carriers reinforces the growth message for the UAE and the wider region that we are hearing from economic commentators such as the IMF,” said Mohammed Al Muallem, senior vice president and managing director, DP World, UAE region.
General Cargo facilities at Jebel Ali include 30 berths and a total storage area of over 1.3 million square meters, comprising 1.2 million square metres of open storage and 100,000 square meters of covered space.
"By handling over half a million vehicles in less than a full calendar year, our Ro-Ro terminal has once again proved its world class capabilities and the importance DP World UAE Region continues to give to general cargo throughput alongside our container handling business,” said Tariq Bin Khalifa, director general cargo, DP World, UAE region.


Deutsche Bank appoints Riyadh GM

Updated 18 September 2018
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Deutsche Bank appoints Riyadh GM

  • German banking titan expects more deal flow from Kingdom
  • Deutsche Bank established base in Saudi Arabia in 2006

LONDON: Deutsche Bank has appointed Mohammed Alajmi as general manager of Deutsche Bank Riyadh Branch in Saudi Arabia.
He will have oversight of the bank’s business regulated by the Saudi Arabian Monetary Authority (SAMA), Deutsche Bank said in a statement.
The German banking giant originally established its Riyadh branch in 2006.
Alajmi joined Deutsche Bank in 2012 after more than a decade of working at local financial institutions in the Kingdom.
He was appointed chief operating officer in June 2015 overseeing the bank’s activities across all businesses and infrastructure functions.
The group expects to boost regional hiring this year, driven by expected corporate bond sales and initial public offerings, Bloomberg reported in February.