Dubai port firm DP World profit rises 18 percent
DUBAI, United Arab Emirates -DP World, the Dubai-based port operator, said Thursday its profit rose 18 percent last year as cargo volumes increased through its network.
DP World, the world's third-largest port operator, sold its 25 percent stake in container terminal Vostochnaya Stevedoring to Russia's Global Ports Investment for $230 million, the Dubai-based firm said Monday.