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The Dubai tycoon with ambitions for Haifa Port
DP World chairman and CEO Sultan Ahmed bin Sulayem sees Israel becoming a world-class logistics center, and his vision doesn t stop there.
For port and logistics giant DP World of Dubai, its bid to acquire the Haifa Port Company is just the beginning in a series of possible projects in Israel, says group chairman Sultan Ahmed bin Sulayem in an interview with Globes . Speaking from his home in Dubai, bin Sulayem reveals that his group may be offering Israel the possibility of testing Hyperloop One, the super-fast transportation system it is developing together with Richard Branson s Virgin Group. In addition, he also discloses his interest in examining the development of industrial and free trade zones, like the one in Eilat, for the activity of companies operating in Dubai.
With pubs, bars, restaurants and hotels shut for months, Virgin Wines has seen sales rocket, with the group delivering 1million cases of wine to customers last year.
Sir Richard Branson is having a pretty good 2021 so far. In just the last two weeks he s added $1.7 billion to his net worth, thanks to the soaring price of Virgin Galactic stock. The stock has more than doubled in price this year. The reason for this is the community of Reddit traders who ve focused on Virgin Galactic stock. Branson s stake in Virgin Galactic now makes up almost half of his $6 billion net worth. Virgin Galactic s stock was up 22% in just one day to $53.79 when it had been $40 last week, $30 the week before that, and $25 the week before that.
Branson founded Virgin Galactic in 2004 to be a space tourism firm that can take passengers on commercial suborbital flights. The firm just announced a new test flight for its SpaceShip Two this month. It is expected that the flight window will open on Saturday, February 13. The company plans to begin commercial space flights later this year out of New Mexico. As of this writing, 600 people have paid up to $245,000 to book a se