DP World reports revenue growth despite Middle East trade disruptions

DP World reported a 13.1% year-on-year revenue increase to $12.7 billion for the first half of 2026, despite a 39% decline in net profit to $585 million. The profit drop was attributed to regional conflicts in the Middle East, which reduced vessel traffic at Jebel Ali and impacted profit margins.

To support global expansion and supply chain resilience, the company plans to invest approximately $3 billion throughout 2026. This follows a $1.5 billion investment in the first half of the year focused on terminal development and logistics infrastructure. Targeted markets for these investments include the United Arab Emirates, India, Saudi Arabia, the United Kingdom, and the Democratic Republic of Congo.

In the UAE, DP World intends to develop two new deepwater terminals in Fujairah—the Al Rugaylat container and multipurpose terminal and the Dibba General Cargo terminal—under a 50-year concession. These projects aim to provide alternative cargo routes that avoid the Strait of Hormuz, thereby strengthening the UAE’s trade infrastructure and extending the Jebel Ali ecosystem.