The Group's EBITDA increased by 69 percent YOY.
AD Ports ups stake in Egypt firms
The majority stake in the two companies was valued at $140m.
AD Ports Group, SEG sign MoUs
A logistics and freight business and food trading hub will be built in Uzbekistan.AD Ports acquires stake in IACC
AD Ports Group's cash reserves to fully fund the deal.
SAFEEN acquires two Supramax vessels
The firm says there is high demand for maritime services.AD Ports Q1 revenue up 15 percent
Net profit was up 41 percent year-on-year to AED306 million.AD Ports acquires Divetech
Divetech is a UAE-based topside-subsea solutions provider.Volume growth helps AD Ports Group post $230m net profit in 2021
The company posted a net profit of $230m in 2021, from $108m in 2020.AD Ports raises $1bn in share sale a day before it lists on ADX
Abu Dhabi Ports Group has raised $1.1 billion from a share sale a day before it is to list on the emirate’s stock market. The firm is owned by sovereign wealth fund ADQ. The proceeds will be used to “accelerate local and international expansion plans.EDB and AD Ports team up to support industrial sector in UAE
Emirates Development Bank (EDB) has signed an MoU with Industrial Cities and Free Zone Cluster of AD Ports Group to support the industrial sector in the emirate and the UAE.
AD Ports Group revenue grows 22% to US$760mn in 2021
AD Ports Group signed several partnerships to accelerate trade and the development of industry in the UAE and beyond, including working closely with Abu Dhabi National Oil Company (ADNOC) to enhance safety across Abu Dhabi’s waterways and collaboration with France-based CMA CGM Group to invest AED570 million in a new...GCC’s first tire storage and distribution hub coming up in Abu Dhabi
AD Ports Group has signed an agreement with China-based Shandong Port Group, to establish a Tyre Hub at KIZAD for the storage and distribution of tires. AD Ports Group will provide space for an upcoming 150,000 sqm facility in KIZAD under its Industrial Cities and Free Zone Cluster. This will...
NMDC wins $354m contract
The contract is for the Shamal Development marine works.
AD Ports Group inks deal to boost Bahrain cruise sector
Abu Dhabi-based AD Ports Group has inked an initial agreement with Bahrain-based real-estate firms Diyar Al Muharraq and the Eagle Hills Diyar Company to explore cruise-sector opportunities in their home country. As part of the agreement, they are expected to develop and operate new cruise infrastructure in Bahrain.AD Ports Group and Turkiye Varlik Fonu sign partnership agreement
AD Ports Group and Turkey’s Turkiye Varlik Fonu signed a strategic partnership agreement to collaborate on major investment opportunities for port development and operations besides coordinating efforts to examine other logistics-related investment projects within Turkey. Under the terms of the agreement, the two organizations will also collaborate in establishing a...AD Ports H1 revenue up 21%
Diversification, new leases, and partnerships fueled the rise.
