Skip to content Skip to Search
Skip navigation

AD Ports enters Uzbekistan’s logistics market with new venture

AD Ports Group
The joint venture will serve industry sectors such as industrial project logistics, oil and gas, e-commerce, healthcare and pharmaceuticals

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 and land logistics), warehousing and storage, customs clearance services, and developing inland container depots and dry ports.

Farook Al Zeer, chairman, logistics cluster, AD Ports Group, said there is significant demand for freight forwarding and warehousing services in Uzbekistan, which has seen a major economic expansion in recent years, driven by important reforms and modernisation efforts.

Timofey Smirnov, CEO, SEG Enera Group, added: “Uzbekistan is a major producer of key exports, including oil, natural gas, gold, copper, cotton, food and other strategic commodities and products needed by the global economy.

“Further development of our logistics sector will create a range of economic opportunities to support our nation’s growing role as a hub for trade between East Asia and Europe.”

In June 2022, the UAE and Uzbekistan signed a bilateral memorandum of understanding to support cooperation across 27 sectors.

Latest articles

Saudi housing costs rose nearly 9% year on year in May

Saudi housing costs rise but inflation remains steady

Housing costs in Saudi Arabia rose nearly 9 percent year on year in May, but it was not enough to push overall inflation in the kingdom over 2 percent. The latest data from the General Authority for Statistics showed the annual inflation rate in Saudi Arabia was 1.6 percent in May, having remained at this […]

OTB Group has a presence in Dubai with its Maison Margiela store in the Dubai Mall

Chalhoub Group in venture with Italian luxury brand

Luxury distributor Chalhoub Group has entered into a joint venture with Italian fashion conglomerate OTB Group to expand the brand’s footprint in the Gulf. OTB (which stands for Only The Brave) owns the Diesel, Jil Sander, Maison Margiela, Marni and Viktor&Rolf brands, the Staff International and Brave Kid companies, and holds a stake in the […]

Arid conditions brought about by the drought in Morocco are affecting the cost of sheep

Drought pushes up sheep price for Eid in Morocco

The price for a sheep in Morocco for the annual sacrifice at Eid al-Adha has increased on average at 10 times the 2.2 percent rate of inflation. A medium-sized female sheep costs MAD4000 ($400) as opposed to MAD3000 last year. This puts it out of range for many families in the country where a high […]

Countryside, Farm, Field

Oman to build agricultural city to enhance food security

Oman will build an agricultural city as part of its food security initiative, a news report said. Saham Agricultural City will cover an area of 65 sq km, with 70 percent dedicated to agriculture and 30 percent to urban development, Oman Daily Observer reported. The city will use advanced technologies such as hydroponics, aeroponics and […]