DP World stretches across region, teaming up with JP Morgan
$800 million expansion of Jeddah Islamic Port's South Container Terminal aims to strengthen Saudi Arabia's position as a global shipping hub

FAYEZ NURELDINE/AFP via Getty Images
Cranes and shipping containers on a loading dock at Jeddah Islamic Seaport
DP World, one of the top five global operators of shipping terminals, is expanding its business in Saudi Arabia, while teaming up with JP Morgan to provide companies across Africa with greater access to working capital.The Dubai government-owned conglomerate...