Company Insights AD Ports Group Infrastructure AD Ports Group News Analysis Trade Pakistan looks to UAE for trade deals, not loan debts The UAE confirmed late on Wednesday it has deposited $1 billion in Pakistan’s central bank, a day after Saudi Arabia also transferred $2 billion. In addition to direct funding, the Islamabad government is aiming to attract multi-billion dollar investments from the UAE and other Gulf countries to create millions of new jobs after struggling with […] July 13, 2023 Banking & Finance Invictus reveals $270m Africa investment plan Invictus Investment Company has announced plans to expand into north and east Africa through acquisitions and joint ventures with local entities in the region. Invictus said in a filing to the Abu Dhabi Stock Exchange that it is planning to invest AED1 billion ($270 million) as it targets expansion in African markets. The company will […] July 11, 2023 Analysis Trade Defence giant leads UAE charge into Latin America UAE defence conglomerate Edge has partnered with the Brazilian navy to develop long-range anti-ship missiles, weeks after opening a new regional office in the federal capital, Brasilia. The deal, described as a “significant milestone” by Mansour AlMulla, managing director and CEO of Edge, was signed during the visit of a delegation led by Reem bint […] July 10, 2023 Logistics AD Ports completes $681m buyout of Spanish firm AD Ports Group has completed the acquisition of Spanish integrated logistics company Noatum for AED2.5 billion ($680.62 million) after receiving approvals from all relevant regulatory bodies. The state-owned Abu Dhabi port operator received the final approval from Spanish authorities after attaining regulatory clearance from the European Commission earlier in the year. Noatum generated revenue and […] July 3, 2023 Logistics AD Ports investing $220m to develop Karachi Port Abu Dhabi Ports Group will invest $220 million over the next decade to upgrade infrastructure at Karachi Port after signing a 50-year concession agreement with Pakistan’s Karachi Port Trust. AD Ports Group and UAE-based Kaheel Terminals have formed a joint venture to manage, operate and develop the Karachi Gateway Terminal at Karachi Port’s East Wharf. […] June 23, 2023 Banking & Finance AD Ports to invest $500m in Republic of the Congo deal Abu Dhabi Ports Group has signed a 30-year concession agreement with the government of the Republic of the Congo to operate the multipurpose New East Mole Terminal in Pointe-Noire. The company said it plans to invest more than $500 million over the same period, with around $220 million allocated for phase 1, which is expected […] June 20, 2023 Logistics Pakistan seeks talks with AD Ports on terminal operations The Pakistani government will formally negotiate with Abu Dhabi-owned AD Ports Group to transfer the operation of a Karachi Port Trust-owned container terminal, according to a local media report. A cabinet committee met for the second time in a week and will set up an inter-ministerial committee to negotiate the draft framework agreement between the […] June 20, 2023 Analysis Economy Wealth funds likely to increase African investments Sovereign investors from the UAE and wider GCC bloc are likely to ramp up investments across African countries, building on a 50 percent jump in capital flows from the Middle East over the past five years, say experts. Agriculture, energy and infrastructure are sectors likely to benefit from multi-billion dollar deals as the UAE accelerates […] June 13, 2023 Banking & Finance Gulf Investment Fund turns to Saudi stocks to drive growth The Middle East’s stock markets have struggled to attract Western portfolio investors, despite strong performances. Gulf Investment Fund (GIF), which has $83 million invested across the seven markets, is seeking to change that. The fund, which is listed on the London Stock Exchange, recorded a net asset value increase of 15.4 percent for the year to June […] June 13, 2023 UAE and Morocco form taskforce to double trade by 2030 The UAE and Morocco are aiming to double bilateral trade and investment volumes over the next seven years. The two countries are forming a taskforce to build on their AED3.6 billion ($991 million) non-oil foreign trade last year, which was up 16 percent from 2021 and more than two-thirds higher than 2020. The UAE is […] May 10, 2023 Posts navigation Previous 1 … 5 6 7 … 9 Next
Analysis Trade Pakistan looks to UAE for trade deals, not loan debts The UAE confirmed late on Wednesday it has deposited $1 billion in Pakistan’s central bank, a day after Saudi Arabia also transferred $2 billion. In addition to direct funding, the Islamabad government is aiming to attract multi-billion dollar investments from the UAE and other Gulf countries to create millions of new jobs after struggling with […] July 13, 2023
Banking & Finance Invictus reveals $270m Africa investment plan Invictus Investment Company has announced plans to expand into north and east Africa through acquisitions and joint ventures with local entities in the region. Invictus said in a filing to the Abu Dhabi Stock Exchange that it is planning to invest AED1 billion ($270 million) as it targets expansion in African markets. The company will […] July 11, 2023
Analysis Trade Defence giant leads UAE charge into Latin America UAE defence conglomerate Edge has partnered with the Brazilian navy to develop long-range anti-ship missiles, weeks after opening a new regional office in the federal capital, Brasilia. The deal, described as a “significant milestone” by Mansour AlMulla, managing director and CEO of Edge, was signed during the visit of a delegation led by Reem bint […] July 10, 2023
Logistics AD Ports completes $681m buyout of Spanish firm AD Ports Group has completed the acquisition of Spanish integrated logistics company Noatum for AED2.5 billion ($680.62 million) after receiving approvals from all relevant regulatory bodies. The state-owned Abu Dhabi port operator received the final approval from Spanish authorities after attaining regulatory clearance from the European Commission earlier in the year. Noatum generated revenue and […] July 3, 2023
Logistics AD Ports investing $220m to develop Karachi Port Abu Dhabi Ports Group will invest $220 million over the next decade to upgrade infrastructure at Karachi Port after signing a 50-year concession agreement with Pakistan’s Karachi Port Trust. AD Ports Group and UAE-based Kaheel Terminals have formed a joint venture to manage, operate and develop the Karachi Gateway Terminal at Karachi Port’s East Wharf. […] June 23, 2023
Banking & Finance AD Ports to invest $500m in Republic of the Congo deal Abu Dhabi Ports Group has signed a 30-year concession agreement with the government of the Republic of the Congo to operate the multipurpose New East Mole Terminal in Pointe-Noire. The company said it plans to invest more than $500 million over the same period, with around $220 million allocated for phase 1, which is expected […] June 20, 2023
Logistics Pakistan seeks talks with AD Ports on terminal operations The Pakistani government will formally negotiate with Abu Dhabi-owned AD Ports Group to transfer the operation of a Karachi Port Trust-owned container terminal, according to a local media report. A cabinet committee met for the second time in a week and will set up an inter-ministerial committee to negotiate the draft framework agreement between the […] June 20, 2023
Analysis Economy Wealth funds likely to increase African investments Sovereign investors from the UAE and wider GCC bloc are likely to ramp up investments across African countries, building on a 50 percent jump in capital flows from the Middle East over the past five years, say experts. Agriculture, energy and infrastructure are sectors likely to benefit from multi-billion dollar deals as the UAE accelerates […] June 13, 2023
Banking & Finance Gulf Investment Fund turns to Saudi stocks to drive growth The Middle East’s stock markets have struggled to attract Western portfolio investors, despite strong performances. Gulf Investment Fund (GIF), which has $83 million invested across the seven markets, is seeking to change that. The fund, which is listed on the London Stock Exchange, recorded a net asset value increase of 15.4 percent for the year to June […] June 13, 2023
UAE and Morocco form taskforce to double trade by 2030 The UAE and Morocco are aiming to double bilateral trade and investment volumes over the next seven years. The two countries are forming a taskforce to build on their AED3.6 billion ($991 million) non-oil foreign trade last year, which was up 16 percent from 2021 and more than two-thirds higher than 2020. The UAE is […] May 10, 2023
