Global growth offsets weaker Jebel Ali traffic as DP World plans $3 billion investment.
Dubai: DP World’s revenue climbed 13.1% to $12.7 billion in the first half of 2026, driven by growth across its global ports, logistics and marine operations, which helped offset weaker activity at Jebel Ali amid disruptions to Middle East trade flows.
Jebel Ali remains fully operational and has sustained no physical damage, according to DP World. However, the regional conflict has temporarily reduced vessel traffic at the port. The company has strengthened inland connectivity and introduced additional measures across its regional network to ensure critical cargo continues to move.
Revenue rose from $11.2 billion in the first half of 2025, while adjusted EBITDA fell 5.6% to $2.86 billion, compared with $3.03 billion a year earlier.
Growth outside Jebel Ali
Container volumes excluding Jebel Ali grew 5.4% on a reported basis and 6.5% on a like-for-like basis, driven by stronger performance across Africa, Asia Pacific, Europe and the Americas.
Gross container throughput across the group reached 42.8 million twenty-foot equivalent units (TEUs) in the first six months of the year, down 5.7% from 45.4 million TEUs a year earlier. Excluding Jebel Ali, however, throughput rose to 39.7 million TEUs from 37.7 million.
In the UAE, we are expanding our gateway network with two new terminals in Fujairah, extending the Jebel Ali ecosystem through an integrated supply chain. This will give cargo owners greater flexibility, more choice and stronger supply chain resilience, while reinforcing our confidence in the UAE’s future as a leading global trade and logistics hub.
Essa Kazim, Chairman of DP World
Fujairah to expand UAE gateway network
DP World plans to develop two new terminals in Fujairah under a 50-year concession, expanding its UAE gateway network beyond Jebel Ali and providing cargo owners with an additional route into and through the country.
The terminals will be integrated with the wider Jebel Ali ecosystem and form part of a connected supply chain designed to give customers greater flexibility in moving goods across the UAE.
$3 billion investment planned for 2026
DP World invested $1.5 billion across its global portfolio during the first half of the year and expects total capital expenditure to reach around $3 billion in 2026.
The investment is being directed towards expanding capacity and developing trade infrastructure in key markets, including the UAE, UK, India, Saudi Arabia and the Democratic Republic of Congo.
“Excluding Jebel Ali, container volumes increased by 6.5% on a like-for-like basis, while adjusted EBITDA rose 9.7%, supported by growth across Africa, the Americas, Asia Pacific and Europe,” said DP World Group CEO Yuvraj Narayan.
“This performance reflects the strength of our global network and our ability to provide cargo owners with efficient, end-to-end supply chain solutions.”
Narayan said DP World remains focused on disciplined capital allocation, cost management and operational efficiency while maintaining a strong balance sheet and liquidity position.
The company said near-term uncertainty persists, but it remains optimistic about the medium- to long-term outlook for global trade, supported by its extensive international network and growing logistics operations.
