Company Insights AD Ports Group Infrastructure AD Ports Group News Logistics AD Ports to operate customs centre in Jordan Abu Dhabi’s AD Ports Group has won a contract to manage and operate a new customs centre in Amman, Jordan, the company said in a statement. The company aims to increase cross-border trade, reduce clearance times, and enhance supply chain efficiency at the 1.3 million sq m Al Madouneh Customs Centre, which opened last June. […] February 13, 2025 Analysis Sustainability UAE companies have mixed success in cutting emissions While many of the UAE’s major corporations are making limited progress in cutting greenhouse gas emissions, analysis by AGBI reveals that Emsteel (formerly known as Emirates Steel Arkan) is the standout performer. The UAE, the second-largest Arab economy, is seeking to quantify and reduce its impact on the climate, and in November pledged to slash its scope 1 […] February 7, 2025 Logistics ADQ unit explores offer to buy Aramex stake in cash A subsidiary of Abu Dhabi Development Holding Company (ADQ), a sovereign wealth fund, intends to submit an offer to buy 100 percent of the shares in Dubai-listed logistics company Aramex not already owned by Abu Dhabi Ports Company. Shareholders accepting the offer of Q Logistics Holding, an indirect subsidiary of ADQ Development Holding, will be […] January 13, 2025 Logistics AD Ports boosts liquidity with upsized credit facility The UAE’s AD Ports Group has refinanced and upsized its existing revolving credit facility, more than doubling its size to enhance its liquidity position. The credit facility was increased from $1 billion to $2.13 billion, incorporating tranches in both AED and USD to optimise financing costs by improving interest margins, the UAE state-run Wam news […] December 23, 2024 Logistics DP World starts work on $1.2bn port in Senegal Dubai-based DP World has commenced work on the $1.2 billion Port of Ndayane, with the aim of transforming Senegal into a major centre for global trade. The Willem Van Rubroeck vessel is set to dredge a five km-long shipping channel to build a high-capacity port. The project’s first phase also includes an 840m quay to […] December 19, 2024 Opinion Infrastructure Africa’s port assets are irresistible for the UAE The privatisation of maritime infrastructure is often controversial in Africa November 25, 2024 Transport AD Ports explores building new economic zone in Egypt AD Ports Group is exploring opportunities with the Egyptian government to build, operate and transfer an economic zone in East Port Said. As part of a framework agreement, the UAE port operator and the Suez Canal Economic Zone (SC Zone) will explore the building, operation, and transfer of the East Port Said Industrial Zone near […] November 21, 2024 Transport AD Ports quarterly profit rises 11% to $121m The UAE’s AD Ports Group said its annual total net profit rose 11 percent in the third quarter of 2024 as revenue reached a record high. The bottom line reached AED445 million ($121.2 million) in the three-month period ended September 30, compared with AED439 million in the same period last year. Revenue increased 10 percent year on year […] November 12, 2024 Opinion Trade UAE believes trade with Africa is worth the risk Investments by Emirati companies are being encouraged and supported by the government October 22, 2024 Construction ADQ unveils plans for Ras El Hekma Egyptian project Abu Dhabi sovereign wealth fund ADQ has revealed plans for the Ras El Hekma mega development, which is expected to contribute $25 billion annually to Egypt’s GDP and create 750,000 jobs both directly and indirectly. The sovereign fund has appointed Abu Dhabi-listed Modon Holding as the master developer for the 170 million sq m project. […] October 7, 2024 Posts navigation Previous 1 2 3 … 10 Next
Logistics AD Ports to operate customs centre in Jordan Abu Dhabi’s AD Ports Group has won a contract to manage and operate a new customs centre in Amman, Jordan, the company said in a statement. The company aims to increase cross-border trade, reduce clearance times, and enhance supply chain efficiency at the 1.3 million sq m Al Madouneh Customs Centre, which opened last June. […] February 13, 2025
Analysis Sustainability UAE companies have mixed success in cutting emissions While many of the UAE’s major corporations are making limited progress in cutting greenhouse gas emissions, analysis by AGBI reveals that Emsteel (formerly known as Emirates Steel Arkan) is the standout performer. The UAE, the second-largest Arab economy, is seeking to quantify and reduce its impact on the climate, and in November pledged to slash its scope 1 […] February 7, 2025
Logistics ADQ unit explores offer to buy Aramex stake in cash A subsidiary of Abu Dhabi Development Holding Company (ADQ), a sovereign wealth fund, intends to submit an offer to buy 100 percent of the shares in Dubai-listed logistics company Aramex not already owned by Abu Dhabi Ports Company. Shareholders accepting the offer of Q Logistics Holding, an indirect subsidiary of ADQ Development Holding, will be […] January 13, 2025
Logistics AD Ports boosts liquidity with upsized credit facility The UAE’s AD Ports Group has refinanced and upsized its existing revolving credit facility, more than doubling its size to enhance its liquidity position. The credit facility was increased from $1 billion to $2.13 billion, incorporating tranches in both AED and USD to optimise financing costs by improving interest margins, the UAE state-run Wam news […] December 23, 2024
Logistics DP World starts work on $1.2bn port in Senegal Dubai-based DP World has commenced work on the $1.2 billion Port of Ndayane, with the aim of transforming Senegal into a major centre for global trade. The Willem Van Rubroeck vessel is set to dredge a five km-long shipping channel to build a high-capacity port. The project’s first phase also includes an 840m quay to […] December 19, 2024
Opinion Infrastructure Africa’s port assets are irresistible for the UAE The privatisation of maritime infrastructure is often controversial in Africa November 25, 2024
Transport AD Ports explores building new economic zone in Egypt AD Ports Group is exploring opportunities with the Egyptian government to build, operate and transfer an economic zone in East Port Said. As part of a framework agreement, the UAE port operator and the Suez Canal Economic Zone (SC Zone) will explore the building, operation, and transfer of the East Port Said Industrial Zone near […] November 21, 2024
Transport AD Ports quarterly profit rises 11% to $121m The UAE’s AD Ports Group said its annual total net profit rose 11 percent in the third quarter of 2024 as revenue reached a record high. The bottom line reached AED445 million ($121.2 million) in the three-month period ended September 30, compared with AED439 million in the same period last year. Revenue increased 10 percent year on year […] November 12, 2024
Opinion Trade UAE believes trade with Africa is worth the risk Investments by Emirati companies are being encouraged and supported by the government October 22, 2024
Construction ADQ unveils plans for Ras El Hekma Egyptian project Abu Dhabi sovereign wealth fund ADQ has revealed plans for the Ras El Hekma mega development, which is expected to contribute $25 billion annually to Egypt’s GDP and create 750,000 jobs both directly and indirectly. The sovereign fund has appointed Abu Dhabi-listed Modon Holding as the master developer for the 170 million sq m project. […] October 7, 2024
