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In 2008, Dubai-based DP World won a 25-year contract to expand and operate the port in the capital city, Dakar, which had been a major stopover for the French shipping business since the 1800s.
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This is a movie of gleaming surfaces -- veteran DP Roger Deakins turns a glass skyscraper at night into a funhouse hall of mirrors, and a floating Macau casino is like an oasis in the black sea.
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One of seven special-edition items released for Denon Electronics' anniversary collection last year, the DP-A100 boasts quite a lineage.
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In early January 2006, DP World sent a dense three-page, single-spaced letter to the Department of Homeland Security promising to abide by all the U.S. government's port-security programs already in place.
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Dubai had used some of its billions of dollars in oil money to build a world-class port of its own, and then created DP World to buy and manage other port operations.
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It was unclear exactly what DP World has in mind for the "entity" to which it will transfer the six port operations--or whether the entity might be simply a U.S. subsidiary of DP World itself.
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News of the financial meltdown of Dubai World, a quasi-sovereign global concern that owns 77% of the international port manager DP World and the single largest real estate developer in Dubai known for its palm-tree shaped luxury residential developments, has raced from the business pages to the headlines of the front pages in a matter of days.
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Changes in the way the management, personnel and substantive guidelines involved in the so-called "45-day review" of the DP World deal now underway, so as to prevent it from being simply a reprise of the earlier, flawed decision-making process.
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