Twist as Dubai sues China’s Merchants Port over DP World saga
United Arab Emirates’ (UAE) DP World Limited and its subsidiaries have taken legal action against China for building an international free zone on a terminal being disputed with Djibouti. The lawsuit was filed in the High Court of Hong Kong…
Tips for Nigeria as Chinese investment model example heat up issues in Djibouti
Serious confusion in ownership of a multibillion dollar Seaport and Free Zone deal in Djibouti, a Far East African economy is now trending after the arrival of Chinese investors. Currently, Nigeria is hosting several infrastructure financing deals with Chinese firms…