Company Insights AD Ports Group Infrastructure AD Ports Group News Logistics AD Ports in talks with Congo over trade hub Abu Dhabi Ports Group is in talks to invest in a new trade hub in the Republic of Congo as the UAE seeks to ramp up non-oil partnerships with the Central African country. President Denis Sassou Nguesso of Congo held discussions last week with Mohamed Juma Al Shamisi, managing director and CEO of AD Ports, […] May 3, 2023 Manufacturing Kezad and Al Ghurair Foods sign lease for $272m projects Khalifa Economic Zones Abu Dhabi (Kezad Group), a wholly-owned subsidiary of AD Ports Group, and Al Ghurair Foods, a part of UAE-based Al Ghurair Investment, have signed a 50-year land lease agreement for three food processing projects worth over AED1 billion ($272.31 million). The agreement marks the first phase of Al Ghurair Foods division’s investments […] April 30, 2023 Tech AD Ports digital arm buys customs systems firm Maqta Gateway, the digital arm of AD Ports Group, has acquired TTEK Inc, a developer of border control solutions and customs systems, in a deal worth $26.7 million. The acquisition involves an upfront payment of $17.1 million and adds to Maqta Gateway’s digital trade solutions portfolio, which uses disruptive technologies such as artificial intelligence, machine […] April 24, 2023 Banking & Finance Gulf IPO market could ride out global jitters with state offerings A wave of initial public offerings in Abu Dhabi shows little sign of abating, despite global market jitters and rising interest rates as investors bet on the emirate’s part-privatisation drive. While Saudi Arabia and Dubai’s bourses have also offered a flurry of new listings over the past 18 months, it’s the UAE capital that is […] April 11, 2023 Banking & Finance AD Ports Group signs $2bn financing deal AD Ports Group has signed a $2 billion financing agreement with a syndicate of 13 regional and international banks, it announced in a bourse statement on Tuesday. Part of Abu Dhabi investment and holding company ADQ, AD Ports Group has a portfolio of ports, economic zones, logistics and digital businesses driving the growth of international […] April 4, 2023 Logistics AD Ports’ new cargo service to improve trade with Kuwait Abu Dubai’s AD Ports Group has launched a new direct shipping service dedicated to roll on-roll off (Ro-Ro) between UAE’s Khalifa Port and Kuwait’s Shuwaikh Port. The new service aims to improve commercial connectivity and facilitates trade with Kuwait, the UAE state-owned WAM news agency reported. Ammar Mubarak Al Shaiba, acting CEO of the maritime […] March 26, 2023 Logistics AD Ports to invest $200m to develop Safaga Port in Egypt Abu Dhabi’s AD Ports Group has signed a 30-year concession agreement worth $200 million to develop and operate Egypt’s Safaga port. In addition, two 15-year agreements, a memorandum of understanding (MoU) and three head of terms (HoT) for ports in Egypt’s Red Sea region and the Mediterranean Sea were signed. These agreements allow for expanded […] March 19, 2023 Energy Emirates drives growth in electric vehicle adoption The UAE is known for its SUVs and supercars, but companies in the Gulf state are accelerating the drive worldwide towards electric vehicles. The number of EVs on the road globally is expected to reach 200 million by 2030, says Gustave Cordahi, principal with Strategy& Middle East. EV sales are projected to surpass those of […] March 17, 2023 Dubai firms head to Central Asia to build trade relationships A delegation of business leaders from Dubai will be heading to Central Asia next week to build on a non-oil trade relationship worth more than $2.4 billion. Dubai International Chamber said the first New Horizons trade mission – a new initiative to drive international expansion of its members to new markets – will focus on […] March 6, 2023 Logistics AD Ports enters Uzbekistan’s logistics market with new venture Abu Dhabi-listed AD Ports Group and SEG Enera Group, a multisectoral holding company, have created a new joint venture, ADL-Ulanish, to provide end-to-end global logistics services across Uzbekistan. The joint venture will serve industry sectors such as industrial project logistics, oil and gas, e-commerce, healthcare and pharmaceuticals. ADL-Ulanish will offer services, including freight forwarding (air […] March 6, 2023 Posts navigation Previous 1 … 6 7 8 9 Next
Logistics AD Ports in talks with Congo over trade hub Abu Dhabi Ports Group is in talks to invest in a new trade hub in the Republic of Congo as the UAE seeks to ramp up non-oil partnerships with the Central African country. President Denis Sassou Nguesso of Congo held discussions last week with Mohamed Juma Al Shamisi, managing director and CEO of AD Ports, […] May 3, 2023
Manufacturing Kezad and Al Ghurair Foods sign lease for $272m projects Khalifa Economic Zones Abu Dhabi (Kezad Group), a wholly-owned subsidiary of AD Ports Group, and Al Ghurair Foods, a part of UAE-based Al Ghurair Investment, have signed a 50-year land lease agreement for three food processing projects worth over AED1 billion ($272.31 million). The agreement marks the first phase of Al Ghurair Foods division’s investments […] April 30, 2023
Tech AD Ports digital arm buys customs systems firm Maqta Gateway, the digital arm of AD Ports Group, has acquired TTEK Inc, a developer of border control solutions and customs systems, in a deal worth $26.7 million. The acquisition involves an upfront payment of $17.1 million and adds to Maqta Gateway’s digital trade solutions portfolio, which uses disruptive technologies such as artificial intelligence, machine […] April 24, 2023
Banking & Finance Gulf IPO market could ride out global jitters with state offerings A wave of initial public offerings in Abu Dhabi shows little sign of abating, despite global market jitters and rising interest rates as investors bet on the emirate’s part-privatisation drive. While Saudi Arabia and Dubai’s bourses have also offered a flurry of new listings over the past 18 months, it’s the UAE capital that is […] April 11, 2023
Banking & Finance AD Ports Group signs $2bn financing deal AD Ports Group has signed a $2 billion financing agreement with a syndicate of 13 regional and international banks, it announced in a bourse statement on Tuesday. Part of Abu Dhabi investment and holding company ADQ, AD Ports Group has a portfolio of ports, economic zones, logistics and digital businesses driving the growth of international […] April 4, 2023
Logistics AD Ports’ new cargo service to improve trade with Kuwait Abu Dubai’s AD Ports Group has launched a new direct shipping service dedicated to roll on-roll off (Ro-Ro) between UAE’s Khalifa Port and Kuwait’s Shuwaikh Port. The new service aims to improve commercial connectivity and facilitates trade with Kuwait, the UAE state-owned WAM news agency reported. Ammar Mubarak Al Shaiba, acting CEO of the maritime […] March 26, 2023
Logistics AD Ports to invest $200m to develop Safaga Port in Egypt Abu Dhabi’s AD Ports Group has signed a 30-year concession agreement worth $200 million to develop and operate Egypt’s Safaga port. In addition, two 15-year agreements, a memorandum of understanding (MoU) and three head of terms (HoT) for ports in Egypt’s Red Sea region and the Mediterranean Sea were signed. These agreements allow for expanded […] March 19, 2023
Energy Emirates drives growth in electric vehicle adoption The UAE is known for its SUVs and supercars, but companies in the Gulf state are accelerating the drive worldwide towards electric vehicles. The number of EVs on the road globally is expected to reach 200 million by 2030, says Gustave Cordahi, principal with Strategy& Middle East. EV sales are projected to surpass those of […] March 17, 2023
Dubai firms head to Central Asia to build trade relationships A delegation of business leaders from Dubai will be heading to Central Asia next week to build on a non-oil trade relationship worth more than $2.4 billion. Dubai International Chamber said the first New Horizons trade mission – a new initiative to drive international expansion of its members to new markets – will focus on […] March 6, 2023
Logistics AD Ports enters Uzbekistan’s logistics market with new venture Abu Dhabi-listed AD Ports Group and SEG Enera Group, a multisectoral holding company, have created a new joint venture, ADL-Ulanish, to provide end-to-end global logistics services across Uzbekistan. The joint venture will serve industry sectors such as industrial project logistics, oil and gas, e-commerce, healthcare and pharmaceuticals. ADL-Ulanish will offer services, including freight forwarding (air […] March 6, 2023
