DP World, UAE Region Achieves Top Recognition From ACCA

Dubai, United Arab Emirates - Sunday, December 25th 2011 [ME NewsWire] DP World, UAE Region has been globally recognised by the Association of Chartered Certified Accountants (ACCA) as providing outstanding training and development opportunities for DP World’s Finance Department employees. The ACCA Platinum Approved Employer certificate was presented to Mohammed Al Muallem, Senior Vice President and Managing Director, DP World, UAE Region, this week by Stuart Dunlop, Head of Middle East, Association of Chartered Certified. The certificate is awarded to leading organisations that offer outstanding development opportunities for young accountants and demonstrate superior professional values, ethics and governance at the workplace. DP World employees undergoing the ACCA Trainee Development programme, which results in a best in class, relevant, professional qualification, are able to rapidly progress to achieve membership of the internationally-recognised Association. DP World, UAE Region is one of the first port operators in the region to be awarded the Platinum Level for trainees’ development. Mohammed Al Muallem, Senior Vice President and Managing Director, DP World, UAE Region, said: “We constantly invest in our people, who constitute the company’s most valuable asset. We believe this partnership with ACCA will add great value to DP World, UAE Region’s accounting and finance management standards as we continue our journey of corporate excellence.” Stuart Dunlop, Head of Middle East, Association of Chartered Certified Accountants, said: “ACCA aims to offer first-choice qualifications in accountancy and financial practices in order to enrich the human capital of our partners. We are committed to bring value addition to their systems. We thank DP World, UAE Region for the trust placed in ACCA and its professional credentials.” Masoud Al Noori, Director - Human Resources Department, DP World, UAE Region, said: “Training in Finance and accounting is key to our overall development plans for UAE nationals. Finance is a core function and finance managers and accountants are important value-drivers of a high performance organisation like DP World, UAE Region. The global standards that ACCA brings will add value to our existing sound business practices. Our employees will benefit greatly from this partnership.” Ahmad Darwish, Manager - Management Accounting, DP World, UAE Region, said: “Qualified finance professionals play an important role in the sustainable growth of any organisation. At DP World, UAE Region we promote the highest possible standards of integrity, ethics and governance to achieve our strategic objectives by applying the International Financial Reporting Standards. We believe our expertise will grow through this association with ACCA.” ACCA is largest professional accounting body in the world with 147,000 members in 170 countries. About DP World DP World operates more than 60 terminals across six continents(1), with container handling generating around 80% of its revenue. In addition, the company currently has 11 new developments and major expansions underway in 10 countries. DP World aims to enhance customers’ supply chain efficiency by effectively managing container, bulk and other terminal cargo. Its dedicated, experienced and professional team of nearly 30,000 people serves customers in some of the most dynamic economies in the world. 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 17 consecutive years. In 2010, DP World handled nearly 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 100 million TEU by 2020, in line with market demand. www.dpworld.com (1) As of December 2011. Includes non-container terminals Photo Caption: Image 1: Mohammed Al Muallem, Senior Vice President and Managing Director, DP World, UAE Region, receives The ACCA Platinum Approved Employer certificate from Stuart Dunlop, Head of Middle East, Association of Chartered Certified Accountants, during a ceremony attended by DP World, UAE Region officials. Contacts Natasha Bukhari Global Corporate Communications Manager DP World Tel: +97156 6821699 Natasha.Bukhari@dpworld.com Sanaa Maadad Director, Media Hasaad Communications Tel: +97150 5522610 sana@hasaad.ae