DP World to Buy Dubais Jebel Ali Free Zone for $2.6B

DP World to Buy Dubais Jebel Ali Free Zone for $2.6B

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Business

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DP World is acquiring Economic Zones World for $2.6 billion, focusing on the Jebel Ali Free Zone, which generates 97% of the revenues. This acquisition aims to achieve economies of scale and enhance DP World's integration in Dubai. Concurrently, DP World plans to delist from the London Stock Exchange, as most shareholders are on NASDAQ Dubai.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main asset of Economic Zones World that DP World is interested in?

Jebel Ali Free Zone

Dubai Industrial Park

Dubai Silicon Oasis

Dubai Internet City

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of Economic Zones World's revenue comes from the Jebel Ali Free Zone?

50%

100%

75%

97%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much revenue does the Jebel Ali Free Zone generate annually?

$600 million

$430 million

$200 million

$1 billion

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is DP World planning to delist from the London Stock Exchange?

Because 99% of shareholders are through NASDAQ Dubai

To focus on the New York Stock Exchange

Due to low trading volume

To reduce operational costs

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Where is DP World's main stock listing?

London Stock Exchange

New York Stock Exchange

NASDAQ Dubai

Tokyo Stock Exchange