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|| Dubai firm DP World acquires $50 million stake in Virgin Hyperloop

dubai-virginhyperloop.pngDubai firm DP World and a consortium acquired $50 million stake in the California-based transportation company Virgin Hyperloop One.

Virgin Hyperloop One is a global strategic partnership between Hyperloop One and the Virgin Group. Its aim is to create a new passenger division while developing and maintaining passenger and mixed-use cargo service. (Dubai-based company DP World develops and manages international marine and inland terminal operations, industrial parks and economic zones with a portfolio of 78 operating marine and inland terminals.). More details here.

To see a list of investors similar to DP World, check the Middle East Investors Directory.



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