Connect with us

Business & Money

DP World Partners with Caspian Week 2023 to Develop Logistics and Trade in the Greater Caspian Region



DP World, a leading provider of worldwide smart end-to-end supply chain logistics, has partnered with the Greater Caspian Association and Integral Group of Companies, and their annual Caspian Week Forum, to host a joint event at the Global Freight Summit 2023 in Dubai, UAE.

This event will mark a significant milestone in developing logistics and trade in the Greater Caspian Region (GCR) and demonstrates DP World’s strong commitment to supporting the region’s growth.

The collaboration between DP World and the Caspian Week Forum began in November last year with the signing of a Memorandum of Understanding (MoU) during the Global Freight Summit 2022 to explore opportunities for cooperation in the GCR.

The Caspian Week Forum, a conference dedicated to connecting GCR to the World in the areas of business, economics, education, science and culture, provides an independent platform for stakeholders to explore investment opportunities, discuss regional challenges, and foster collaboration, attracting key global players interested in the potential of the GCR. Integral Group is also a Partner of the World Economic Forum (WEF).

The focus of the joint event of Caspian Week 2023 at the Global Freight Summit will be the development of logistics and trade in the Greater Caspian Region. DP World aims to address the region’s challenges by establishing new logistic corridors, integrating logistics, trading, and financial aspects into one system. This endeavour is paramount, given the complexities of the GCR and the necessity for seamless cross-border operations.

DP World is actively assisting with projects in the region, aiming to overcome technological challenges and infrastructure bottlenecks. Among the crucial issues tackled are customs in logistics, an area where DP World is making significant strides with the World Logistics Passport, facilitating smoother trade and movement of goods.

“We are thrilled to join hands with Caspian Week 2023 at this year’s Global Freight Summit,” said Mike Bhaskaran, COO of Digital Technology at DP World. “The Greater Caspian Region holds immense potential, and we believe that by integrating logistics and trade while fostering collaboration between public and private sectors, we can overcome the challenges and unlock growth opportunities for all stakeholders involved.”

During Global Freight Summit 2023, participants will have the privilege to hear from distinguished speakers, including top-level representatives from FIATA, the United Nations, the International Chamber of Commerce, various Governments, Business Leaders, and Think Tanks. These esteemed speakers will share insights, strategies, and solutions to propel the region’s development forward.

“We are delighted to partner with DP World for this joint event in Dubai,” said Murat Seitnepesov, Chairman of the Caspian Week Forum Organising Committee. “The GCR is very important for global energy and food security, and logistics connectivity is one of the key factors in the development of the region. This forum will undoubtedly become an excellent platform for discussing ideas and presenting projects important to the GCR, especially on the creation of integrated trade and logistics smart systems, inviting partners and attracting investments for the implementation of development projects in the region.”

The first-time participation of DP World at Caspian Week signifies the company’s earnest dedication to the region’s progress. With a few terminals already established in the Greater Caspian Region, DP World is demonstrating its commitment to fostering strong relationships with local stakeholders and showcasing its expertise in the logistics industry.



Events & Happenings4 mins ago

“Measure, manage and mitigate” – core words echoed by panellists

Ajman Tourism, Bahi Ajman Palace and TravTalkME celebrate World Tourism Day

Events & Happenings11 mins ago

MBRF contributes to ‘DYOD: Donate Your Own Device’ Campaign

The Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF) contributed to the ‘DYOD: Donate Your Own Device’ campaign, which was...

Events & Happenings16 mins ago

Emirates Health Services Board of Directors holds fourth meeting of 2023, reviews results of the first round of transformational projects

The Board of Directors of Emirates Health Services (EHS) held its fourth meeting of 2023, chaired by H.E. Dr. Mohammad...

Aviation & Shipping21 mins ago

Sharjah Airport completes preparations to provide fast handling horse shipment service

Sharjah Airport’s Cargo Centre completed its preparations for handling horse shipments, in line with the efforts of Sharjah Airport Authority...

Events & Happenings1 day ago

HSMAI Middle East Announces the 6th Annual ROC Commercial Strategy Conference

The Hospitality Sales and Marketing Association International – Middle East (HSMAI ME) is excited to announce the 6th ROC Middle...

Events & Happenings2 days ago

MoHAP marks World Heart Day with awareness event at RTA

The Ministry of Health and Prevention (MoHAP) has organized an awareness event at the Roads and Transport Authority (RTA) in...

Government2 days ago

Assistant Secretary-General of UNDP honors Mohammed bin Rashid Knowledge Foundation

On the sidelines of the United Nations General Assembly’s meeting held in New York, the Mohammed bin Rashid Al Maktoum...

Government2 days ago

Minister of Economy & OECD Deputy Secretary-General discuss ways to enhance cooperation in new economy sectors

Determinants of ‘We the UAE 2031’ vision highlighted during the meeting

Events & Happenings2 days ago

SAIF Zone takes part in 52nd Watch & Jewellery Middle East Show

The Sharjah Airport International Free Zone (SAIF Zone) has announced its participation in the 52nd Watch & Jewellery Middle East...

Developments2 days ago

du Appoints Fatema Al Afeefi as Head of Employee Experience and HR Digitalization

du, from Emirates Integrated Telecommunication Company (EITC), today announced the appointment of Fatema Al Afeefi as the new Head of...

Art & Culture3 days ago

Mondoir and Dubai Culture Introduce ‘INFINITE’: A Fusion of Arabic Calligraphy and Modern Tech

An exhibition with the renowned Diaa Allam celebrates the evolution of Arabic art forms

Education3 days ago

Carnegie Mellon Qatar announces highest enrollment in campus history

The student population at Carnegie Mellon University in Qatar (CMU-Q), a Qatar Foundation partner university, has reached a campus record...

Awards3 days ago

Dubai Municipality bags first position in Global Benchmarking Award 2023

Dubai Municipality has achieved a remarkable global distinction, securing first place at the Global Benchmarking Award 2023, an esteemed accolade...

Gadgets & Technology3 days ago

LG presents a breath of fresh air at its retrofit solutions seminar, planting a tree for each attendee

LG Electronics (LG) yesterday hosted an engaging seminar on retrofitting homes and businesses with LG Inverter Technology, drawing an impressive...

Business & Money3 days ago

Carrefour Celebrates 28 Years with Unbeatable Discounts Across All Products

Carrefour, owned and operated by Majid Al Futtaim in the UAE, has announced discounts of up to 70 per cent...