<h3 data-path-to-node="5" style="font-family: &quot;Google Sans&quot;, sans-serif !important; line-height: 1.15 !important;"><b>Landmark 50-Year Agreement Establishes Major Deep-Water Gateway Outside Strait of Hormuz</b></h3><p data-path-to-node="6" id="p-rc_4b45267123115bc8-126" style="font-family: &quot;Google Sans Text&quot;, sans-serif !important; line-height: 1.15 !important;"><span class="citation-202 citation-end-202" style="line-height: 1.15 !important;">Global supply chain and port logistics leader DP World has finalized a landmark 50-year concession agreement with the Fujairah Ports Authority to build, manage, and operate two major deep-water terminals on the eastern coast of the United Arab Emirates.<source-footnote ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c34161646="" style="line-height: 1.15 !important;"><sup _ngcontent-ng-c34161646="" class="superscript" data-turn-source-index="2" style="line-height: 1.15 !important; font-size: 16px !important; background-color: transparent !important;"><!----></sup></source-footnote></span><sources-carousel-inline ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c467635652="" style="line-height: 1.15 !important;"> <source-inline-chip _ngcontent-ng-c467635652="" _nghost-ng-c2222910382="" class="ng-star-inserted" style="line-height: 1.15 !important;"><!----><!----><!----><!----><!----></source-inline-chip><!----><!----><!----></sources-carousel-inline></p><p data-path-to-node="7" id="p-rc_4b45267123115bc8-127" style="font-family: &quot;Google Sans Text&quot;, sans-serif !important; line-height: 1.15 !important;"><span class="citation-201" style="line-height: 1.15 !important;">Signed in the presence of H.H. Sheikh Mohammed bin Hamad bin Mohammed Al Sharqi, Crown Prince of Fujairah, the strategic deal covers the multi-phase development of the </span><b data-path-to-node="7" data-index-in-node="168" style="line-height: 1.15 !important;">Al Rugaylat Container and Multi-Purpose Terminal</b><span class="citation-201" style="line-height: 1.15 !important;"> and the </span><b data-path-to-node="7" data-index-in-node="225" style="line-height: 1.15 !important;">Dibba General Cargo Terminal</b><span class="citation-201 citation-end-201" style="line-height: 1.15 !important;">.<source-footnote ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c34161646="" style="line-height: 1.15 !important;"><sup _ngcontent-ng-c34161646="" class="superscript" data-turn-source-index="3" style="line-height: 1.15 !important; font-size: 16px !important; background-color: transparent !important;"><!----></sup></source-footnote></span> <span class="citation-200 citation-end-200" style="line-height: 1.15 !important;">Located along the Gulf of Oman, the strategic development grants commercial ocean liners and container carriers direct access to the Arabian Sea and core East-West trade arteries without entering the Persian Gulf, effectively neutralizing maritime risks associated with the Strait of Hormuz.<source-footnote ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c34161646="" style="line-height: 1.15 !important;"><sup _ngcontent-ng-c34161646="" class="superscript" data-turn-source-index="4" style="line-height: 1.15 !important; font-size: 16px !important; background-color: transparent !important;"><!----></sup></source-footnote></span><sources-carousel-inline ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c467635652="" style="line-height: 1.15 !important;"> <source-inline-chip _ngcontent-ng-c467635652="" _nghost-ng-c2222910382="" class="ng-star-inserted" style="line-height: 1.15 !important;"><!----><!----><!----><!----><!----></source-inline-chip><!----><!----><!----></sources-carousel-inline></p><blockquote data-path-to-node="8" style="font-family: &quot;Google Sans Text&quot;, sans-serif !important; line-height: 1.15 !important;"><p data-path-to-node="8,0" id="p-rc_4b45267123115bc8-128" style="line-height: 1.15 !important;"><i data-path-to-node="8,0" data-index-in-node="0" style="line-height: 1.15 !important;"><span class="citation-199" style="line-height: 1.15 !important;">"The partnership with DP World marks an important milesto</span><span class="citation-198 citation-199 citation-end-199" style="line-height: 1.15 !important;">ne in Fujairah's continued development as one of the region's most important maritime gateways.<source-footnote ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c34161646="" style="line-height: 1.15 !important;"><sup _ngcontent-ng-c34161646="" class="superscript" data-turn-source-index="5" style="line-height: 1.15 !important; font-size: 16px !important; background-color: transparent !important;"><!----></sup></source-footnote></span><span class="citation-198" style="line-height: 1.15 !important;"> </span><span class="citation-197 citation-198" style="line-height: 1.15 !important;">The Al Rugaylat and Dibba terminals will bring world-class operating capability, expanded capacity, and new investment to the emirate,"</span></i><span class="citation-197 citation-198 citation-end-198" style="line-height: 1.15 !important;"> stated H.H. Sheikh Saleh Bin Mohamed Al Sharqi, <source-footnote ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c34161646="" style="line-height: 1.15 !important;"><sup _ngcontent-ng-c34161646="" class="superscript" data-turn-source-index="6" style="line-height: 1.15 !important; font-size: 16px !important; background-color: transparent !important;"><!----></sup></source-footnote></span><span class="citation-197 citation-end-197" style="line-height: 1.15 !important;">Chairman of the Fujairah Ports Authority.<source-footnote ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c34161646="" style="line-height: 1.15 !important;"><sup _ngcontent-ng-c34161646="" class="superscript" data-turn-source-index="7" style="line-height: 1.15 !important; font-size: 16px !important; background-color: transparent !important;"><!----></sup></source-footnote></span><sources-carousel-inline ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c467635652="" style="line-height: 1.15 !important;"> <source-inline-chip _ngcontent-ng-c467635652="" _nghost-ng-c2222910382="" class="ng-star-inserted" style="line-height: 1.15 !important;"><!----><!----><!----><!----><!----></source-inline-chip><!----><!----><!----></sources-carousel-inline></p></blockquote><h3 data-path-to-node="10" style="font-family: &quot;Google Sans&quot;, sans-serif !important; line-height: 1.15 !important;"><span style="font-size: inherit;"><b>Seamless Integration with Jebel Ali Port and Jafza Landbridges</b></span></h3><p data-path-to-node="15" id="p-rc_4b45267123115bc8-130" style="font-family: &quot;Google Sans Text&quot;, sans-serif !important; line-height: 1.15 !important;"><span class="citation-195 citation-end-195" style="line-height: 1.15 !important;">Construction for both terminals will proceed in structured operational phases over an estimated 24 to 30 months.<source-footnote ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c34161646="" style="line-height: 1.15 !important;"><sup _ngcontent-ng-c34161646="" class="superscript" data-turn-source-index="9" style="line-height: 1.15 !important; font-size: 16px !important; background-color: transparent !important;"><!----></sup></source-footnote></span> <span class="citation-194 citation-end-194" style="line-height: 1.15 !important;">Upon completion, the project will elevate DP World's aggregate UAE container handling threshold from 19.4 million TEUs to nearly 22 million TEUs.<source-footnote ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c34161646="" style="line-height: 1.15 !important;"><sup _ngcontent-ng-c34161646="" class="superscript" data-turn-source-index="10" style="line-height: 1.15 !important; font-size: 16px !important; background-color: transparent !important;"><!----></sup></source-footnote></span><sources-carousel-inline ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c467635652="" style="line-height: 1.15 !important;"> <source-inline-chip _ngcontent-ng-c467635652="" _nghost-ng-c2222910382="" class="ng-star-inserted" style="line-height: 1.15 !important;"><!----><!----><!----><!----><!----></source-inline-chip><!----><!----><!----></sources-carousel-inline></p><p data-path-to-node="16" id="p-rc_4b45267123115bc8-131" style="font-family: &quot;Google Sans Text&quot;, sans-serif !important; line-height: 1.15 !important;"><span class="citation-193 citation-end-193" style="line-height: 1.15 !important;">To optimize freight velocity between the east coast and Dubai’s commercial ecosystems, DP World will integrate the Fujairah terminals directly with its flagship Jebel Ali Port and the Jebel Ali Free Zone (Jafza) via its inland intermodal road-rail landbridge networks.<source-footnote ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c34161646="" style="line-height: 1.15 !important;"><sup _ngcontent-ng-c34161646="" class="superscript" data-turn-source-index="11" style="line-height: 1.15 !important; font-size: 16px !important; background-color: transparent !important;"><!----></sup></source-footnote></span><sources-carousel-inline ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c467635652="" style="line-height: 1.15 !important;"> <source-inline-chip _ngcontent-ng-c467635652="" _nghost-ng-c2222910382="" class="ng-star-inserted" style="line-height: 1.15 !important;"><!----><!----><!----><!----><!----></source-inline-chip><!----><!----><!----></sources-carousel-inline></p><blockquote data-path-to-node="17" style="font-family: &quot;Google Sans Text&quot;, sans-serif !important; line-height: 1.15 !important;"><p data-path-to-node="17,0" id="p-rc_4b45267123115bc8-132" style="line-height: 1.15 !important;"><i data-path-to-node="17,0" data-index-in-node="0" style="line-height: 1.15 !important;"><span class="citation-192 citation-end-192" style="line-height: 1.15 !important;">"Fujairah strengthens what Jebel Ali already delivers — a single, global integrated platform for moving goods across global supply chains.<source-footnote ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c34161646="" style="line-height: 1.15 !important;"><sup _ngcontent-ng-c34161646="" class="superscript" data-turn-source-index="12" style="line-height: 1.15 !important; font-size: 16px !important; background-color: transparent !important;"><!----></sup></source-footnote></span> <span class="citation-191" style="line-height: 1.15 !important;">With Jebel Ali operating at high utilization, this development provides the additional capacity to support long-term growth while offering cargo owners greater flexibility, choice, and supply chain resilience,"</span></i><span class="citation-191 citation-end-191" style="line-height: 1.15 !important;"> emphasized Yuvraj Narayan, Group Chief Executive Officer of DP World.<source-footnote ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c34161646="" style="line-height: 1.15 !important;"><sup _ngcontent-ng-c34161646="" class="superscript" data-turn-source-index="13" style="line-height: 1.15 !important; font-size: 16px !important; background-color: transparent !important;"><!----></sup></source-footnote></span><sources-carousel-inline ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c467635652="" style="line-height: 1.15 !important;"> <source-inline-chip _ngcontent-ng-c467635652="" _nghost-ng-c2222910382="" class="ng-star-inserted" style="line-height: 1.15 !important;"><!----><!----><!----><!----><!----></source-inline-chip><!----><!----><!----></sources-carousel-inline></p></blockquote><p data-path-to-node="18" id="p-rc_4b45267123115bc8-133" style="font-family: &quot;Google Sans Text&quot;, sans-serif !important; line-height: 1.15 !important;"><span class="citation-190 citation-end-190" style="line-height: 1.15 !important;">H.E. Essa Kazim, Chairman of DP World, added that the long-term investment reinforces the UAE’s strategic position as an essential pillar of global maritime trade and international logistics.<source-footnote ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c34161646="" style="line-height: 1.15 !important;"><sup _ngcontent-ng-c34161646="" class="superscript" data-turn-source-index="14" style="line-height: 1.15 !important; font-size: 16px !important; background-color: transparent !important;"><!----></sup></source-footnote></span><sources-carousel-inline ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c467635652="" style="line-height: 1.15 !important;"></sources-carousel-inline></p>