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Asharq Al-Awsat

Business

Riyadh - Asharq Al-Awsat

Saudi Arabia’s Hassana to Invest $2.4 Bn in UAE’s DP World

DP World UAE Sultan Ahmed Bin Sulayem

Hassana CEO Saad al-Fadly and Chairman and CEO of the DP World Sultan Ahmed bin Sulayem signing the agreement. (Asharq Al-Awsat)

Saudi Arabia’s Hassana Investment Company announced on Wednesday an investment of $2.4 billion in three of DP World’s flagship UAE assets.

The investment included stakes in Jebel Ali Port, Jebel Ali Free Zone, and National Industries Park and followed an earlier transaction that successfully closed in June 2022.

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