DP World holds first live virtual annual general meeting in the UAE

DP World has staged the first ever live virtual Annual General Meeting for shareholders at its headquarters in Jebel Ali.

Shareholders were connected by a live webcast and telephone conference facility across the region and the world in order to cast their votes on the re-election of Board members and to be briefed on the company’s recent performance and growth strategy.

Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World, said: “We are living in the digital age and Dubai is leading the development of smart technologies, providing a wide range of services by electronic means. Following these trends, we believe communication with shareholders who cannot attend in person is key to maintaining dialogue and to convey the Group’s strategic direction and its performance over the last year. By enabling them to view the AGM live they were able to see in real time how we have grown and developed as well as vote on Board membership. It is a very useful way of keeping this key audience up to date with what is happening across our business and global network.”

The AGM was held on the same day as DP World reported 7.3% gross volume growth across its portfolio in the first quarter of 2018.