Saturday, April 16, 2011

INNOVATION AND LONG TERM CUSTOMER RELATIONSHIPS POWER DP WORLD, UAE REGION’S GROWTH, SAYS MOHAMMED AL MUALLEM


Dubai, United Arab Emirates, - Saturday, April 16th 2011 [ME NewsWire]

Innovation, diversity and long term relationships with customers and business partners will continue to be the main drivers of DP World, UAE Region’s future development.

Addressing a visiting team from the International Institute of Management Development (IMD), Switzerland, this week Mohammed Al Muallem, Senior Vice President and Managing Director, DP World, UAE Region, said the premier regional port operator embraced innovative methods to build sustainable operating models that focus on overall supply chain efficiency for the customer.

The 24-strong delegation included IMD Executive Director Dr. Hischam El-Agamy, Professor Leif M. Sjöblom, Director of Accelerated Executive Development Programme (AEDP), leading executives from several multinational companies and Executive MBA students.

They were received by Mr. Al Muallem and Farid Mohammed Ahmed, Secretary-General, Dubai World, who made a presentation on the group and engaged the visitors in a question and answer session.

Mohammed Al Muallem, Senior Vice President and Managing Director, DP World, UAE Region, said:

“No one has a crystal ball to accurately say what markets will do in today’s globalised economy. However, we do know that growth will continue and we must prepare for it. At DP World, UAE Region we ensure this by honing the leadership skills of our management and empowering the staff to find new and efficient ways of operating. We work hand in hand with shipping lines, and with importers and exporters to ensure we meet their needs today and prepare for tomorrow. Innovation, diversity and long term relationships with customers and business partners have always been important and will continue to be.”

Briefing the IMD visitors on Dubai World, ultimate majority owner of DP World, Farid Mohammed Ahmed, Secretary-General, Dubai World, said:

“The global economic downturn has not taken away from Dubai its merit as a regional hub for business and finance nor its ability to create the necessary infrastructure to attract investments. The encouraging performance of the group’s flagship company, DP World, during 2010 bears testimony to this. Dubai World is now in a new phase of growth and aims to work towards maintaining the pace of recovery through innovation and generation of new ideas.”

After a tour of Jebel Ali Port and its facilities, Dr El-Agamy and Professor Sjöblom expressed admiration for the operational efficiency at the port and said Dubai provided the perfect backdrop for the executives in the programme to explore the challenges of leading change and implementing strategies.

AEDP is one of IMD’s top management executive education programmes and a pathway to the institute’s prestigious Executive MBA programme. Based in Lausanne, Switzerland, IMD is among the world’s top-ranked business schools.

-ENDS-

About DP World

DP World is one of the largest marine terminal operators in the world, with 49 terminalsand 9 new developments and major expansions across 31 countries(1). Its dedicated, experienced and professional team of nearly 30,000 people serves customers in some of the most dynamic economies in the world.

DP World aims to enhance customers’ supply chain efficiency by effectively managing container, bulk and other terminal cargo.

The company constantly invests in terminal infrastructure, facilities and people, working closely with customers and business partners to provide quality services today and tomorrow, when and where customers need them.

In taking this customer-centric approach, DP World is building on the established relationships and superior level of service demonstrated at its flagship Jebel Ali facility in Dubai, which has been voted “Best Seaport in the Middle East” for 16 consecutive years.

In 2010, DP World handled around 50 million TEU (twenty-foot equivalent container units) across its portfolio from the Americas to Asia. With a pipeline of expansion and development projects in key growth markets, including India, China and the Middle East, capacity is expected to rise to around 92 million TEU by 2020, in line with market demand.

www.dpworld.com

(1) As of 11 February 2011
Contacts

Natasha Bukhari

Global Corporate Communications Manager

DP World

+97156 6821699

Natasha.Bukhari@dpworld.com



Hasaad Communications:

Sanaa Maadad

Director, Media

Hasaad Communications

+97150 5522610

sana@hasaad.ae

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