DP World acquires 58% equity stake in Turkey’s Evyap Port

DP World and Turkey’s Evyap Group have agreed to form a strategic equity partnership between DP World Yarimca Port and Evyap Port. The partnership aims at enhancing and growing trade infrastructure by focusing on improving container port facilities and enhancing efficiencies in the key Marmara gateway market.

Following the completion of the transaction, DP World will own 58 percent of Evyap Port and Evyap Group will own 42 percent of DP World Yarimca. The new business will be named DP World Evyap Port. The transaction remains subject to regulatory approvals.

By combining DP World’s global expertise and Evyap Group’s local stature as a business entity, the partnership will aim to enhance supply chain solutions in Turkey. The collaboration seeks to improve productivity, reduce turnaround times, ensure security, and broaden service offerings, benefiting Turkish trade.

Meanwhile, the Ministry of Energy and Infrastructure (MoEI) wrapped up a three-day summer camp. Titled ‘Sustainability Champions’, the camp was organised in collaboration with Watani Al Emarat Foundation.

The participants engaged in several workshops, led by experts from the Emirates Nuclear Energy Corporation, Dubai Electricity and Water Authority, and The Sustainable City.

These workshops helped familiarise them with ways to conserve natural resources, particularly energy and water, and raised their awareness of environmental protection in a bid to foster the next generation of environmental stewards.

Eng. Ahmed Al Kaabi, Assistant Undersecretary for Electricity, Water, and Future Energy at MoEI, said, “The camp focused on three courses: energy, infrastructure, and water. In the energy course, we highlighted the updated UAE Energy Strategy 2050, the National Energy and Water DSM Program, the National Green Building Regulations, clean energy including renewables and nuclear, and the concept of electricity market.

In the infrastructure course, we touched on sustainability practices in buildings and roads, the impacts of climate change, housing, and the applications of green buildings in The Sustainable City. And, in the water course, experts showcased the Water Security Strategy 2036, the hydrogeological mapping project, and the Hydroelectric Power Plant in Hatta.”

Dubai Chamber:  The Dubai Chamber of Digital Economy, one of the three chambers operating under the umbrella of Dubai Chambers, has launched the Emirati Training Academy, a new training programme designed to empower homegrown digital talent as part of the ‘Create Apps in Dubai’ initiative.

The Emirati Training Academy is a key pillar of ‘Create Apps in Dubai’ aimed at equipping participants with the knowledge and skills required to build a successful career in mobile application development.

Available exclusively to UAE nationals of all ages and from any of the seven emirates, the programme will educate and upskill Emiratis with the goal of enabling participants to start their own business ventures.

Led by Dubai Chamber of Digital Economy, ‘Create Apps in Dubai’ was launched to train over 1,000 Emiratis on the fundamentals of coding, building mobile applications, and business creation models.

The initiative aims to triple the number of app developers in Dubai by 2025 and will support 100 new national projects for the development of cutting-edge applications, which will be made available in digital app stores over the next two years.

Commenting on the launch of the academy, Saeed AlGergawi, Vice President of Dubai Chamber of Digital Economy, said, “Dubai’s remarkable success story was built on unleashing the potential of talents and creating an environment that allows new ideas to take root and flourish. Our achievements have been made possible thanks to the efforts of talented and driven individuals, together with the forward-thinking vision of the wise leadership, who recognise the importance of embracing future opportunities.

The launch of the Emirati Training Academy represents another significant milestone in our journey to position the emirate as one of the world’s most agile and diversified technology-enabled digital hubs.”

The foundational phase of the programme consists of a series of nine online training courses that offer participants the flexibility to progress at their own pace.

Delivered over a six-week period, the courses cover a variety of business, technical, and design skills and include App Marketing, Mobile Design and Usability for Android, Introduction to HTML and CSS, Rapid Prototyping, App Monetisation, How to Build a Startup, Mobile Design and Usability for iOS, Version Control with Git, and UX Design for Mobile Developers. A series of more advanced courses is scheduled to commence in October.

WAM