With this expansion, the port’s operations will now include port and marine logistics services, container and cargo handling and vessel repairs and maintenance
AD Ports
Abu Dhabi
AD Ports Group to buy five bulk carriers and three oil tankers
The new purchases – worth a total of $260 million – will help service AD Port’s two major agreements with Saif Powertec and KazMunayGas
AD Ports
AD Ports Group to expand with five bulk carriers, three crude oil tankers
The five bulk carriers, to be purchased for AED 459 million, are to be deployed for moving cargoes in the group’s long-term agreement with Saif Powertec
Abu Dhabi
AD Ports digital arm acquires border control solutions provider TTEK Inc for $26.7 million
The acquisition is expected to enable the Dubai port group’s arm to reinforce its market position as a leading digital trade and an end-to-end solution provider
Abu Dhabi
Abu Dhabi’s AD Ports Group secures $2bn bank funding
AD Ports Group secures $2bn funding from 13 regional and international banks
Abu Dhabi
AD Ports plays a major role in global supply chain with new agreements in Egypt
The 30-year concession agreement was signed with the Red Sea Ports Authority, allowing AD Ports to develop and operate a multi-purpose terminal at Safaga Port
Abu Dhabi
AD Ports Group eyes Caspian Sea riches with its new Kazakhstan JV
The Abu Dhabi-based company owns 51 percent share; The joint venture looks to exploiting offshore and shipping opportunities in the oil-rich area
Abu Dhabi
KEZAD Communities to merge with EAJ to create Abu Dhabi’s largest staff accommodation company
AD Ports Group will retain a controlling majority stake in the merged entity
AD Ports
Alabbar says Noon’s massive fulfilment centre in Abu Dhabi will be a ‘change agent’
KEZAD Group designing and constructing a 252,000 square metre fulfilment centre – largest in the UAE – for the region’s biggest online shopping company
Abu Dhabi
New public water taxi service to make Yas Island commute convenient and sustainable
The service will offer an alternative transport option between Yas Bay, Yas Marina and Al Bandar; new stops to be added soon
Abu Dhabi
AD Ports Group posts 77% jump in net profit in the July-September 2022 quarter to AED334 million
The company said its strong financial performance in the year was driven by strong growth in its maritime cluster and a robust performance of its economic cities and free zones cluster
Abu Dhabi Ports
AD Ports, International Development Bank sign pact to explore opportunities for ports and logistics projects in Iraq
The MoU with IDB followed AD Ports Group signing a series of agreements to explore opportunities for the management and development of ports and logistics assets across Iraq
Abu Dhabi
Abu Dhabi Ports buys $800mn shipping firm stake
Abu Dhabi Ports will acquire an 80 percent stake in Dubai’s Global Feeder Shipping (GFS)
Abu Dhabi
UAE’s NextGenFDI welcomes Change Foods to Abu Dhabi’s KEZAD
Change Foods has signed a pre-development agreement with Abu Dhabi Ports to build a 1.2-million-litre fermentation facility
Abu Dhabi
AD Ports to hire 7,500 Emiratis in five years
AD Ports Group signed an agreement to create 1,500 new jobs annually
Abu Dhabi
ADX adds Abu Dhabi Islamic Bank, AD Ports, three more in its single stock futures list
The expansion of the single stock futures list is in a bid to strengthen the bourse’s derivatives market
