Abu Dhabi Ports Company PJSC (ADPORTS)

Abu Dhabi – Mubasher: AD Ports Group penned agreements with Unicargas and Multiparques to serve the facility and the broader Angolan logistics market AD Ports will acquire an 81% stake in a joint venture (JV) that will operate the terminal in …

Abu Dhabi – Mubasher: AD Ports Group signed a purchase agreement with Inveco LLC to acquire a 60% stake in the Tbilisi Dry Port, a new custom-bonded and rail-connected intermodal logistics hub in Georgia. The ADX-listed group will initially invest …

Abu Dhabi – Mubasher: AD Ports Group posted 13% lower net profits attributable to the owners at AED 1.08 billion in 2023, compared to AED 1.24 billion in 2022, according to the initial financial results. Basic and diluted earnings per share (EPS) …

Abu Dhabi – Mubasher: AD Ports Group has signed a new concession deal with Pakistani federal government agency Karachi Port Trust (KPT) for bulk and general cargo operations. Under the 25-year concession agreement, Karachi Gateway Terminal …

Abu Dhabi – Mubasher: AD Ports Group penned a 15-year concession agreement with the Red Sea Port Authority (RSPA) to operate and manage three cruise terminals at Safaga, Hurghada, and Sharm El-Sheikh ports. The deal also covers the renovation of …

Abu Dhabi – Mubasher: Noatum Terminals, the terminals operations business of Noatum Group, which is owned by AD Ports Group, has acquired 100% ownership of APM Terminals Castellón in Spain for an enterprise value (EV) of EUR 10 million. The …

Abu Dhabi – Mubasher: AD Ports Group has signed a definitive concession agreement with the Red Sea Ports Authority (RSPA) to develop and operate a multi-purpose terminal at Safaga Seaport. Under the deal, a total of $200 million in investments …

Abu Dhabi – Mubasher: AD Ports Group has signed an agreement with Kazakhstan Temir Zholy (Kazakhstan Railways) to form a joint venture (JV), according to a press release. The JV will enhance rail connectivity and maritime shipping services in …

Cairo – Mubasher: Transcargo International (TCI), a partly-owned subsidiary by AD Ports Group, teamed up with Sinai White Portland Cement (SWCC) to build Egypt’s first bulk cement silos in Arish Port, according to a press release. Under the …

Abu Dhabi – Mubasher: AD Ports Group collaborated with KazMorTransFlot (KMTF), a fully-owned offshore logistics and services subsidiary of Kazakhstan-based Kazakh National Oil Company (KazMunayGas), to acquire and operate two new vessels. The new …

Abu Dhabi – Mubasher: The net profits attributable to the owners of AD Ports Group stood at AED 997.72 million in the first nine months (9M) of 2023, compared to AED 917.05 million in 9M-22. Revenues enlarged to AED 8.11 billion in …

Abu Dhabi – Mubasher: Noatum, which leads the Logistics Cluster operations at AD Ports Group, has fully acquired Sesé Auto Logistics, the finished vehicles logistics (FVL) business of Grupo Logístico Sesé. The transaction is expected to be …

Abu Dhabi – Mubasher: Fertiglobe signed a non-binding memorandum of understanding (MoU) with AD Ports Group to explore logistics and supply chain opportunities in Egypt and the UAE. The partnership will see the prospects of storing and shipping …

Abu Dhabi – Mubasher: AD Ports Group generated AED 617 million in net profit attributable to the owners during the first half (H1) of 2023, up 2% from AED 603 million in H1-22. The revenues amounted to AED 3.87 billion as of 30 June 2023, marking …

Abu Dhabi – Mubasher: AD Ports Group has completed the acquisition of Noatum, a global integrated logistics services provider that operates in 26 countries, at an enterprise value of AED 2.65 billion. The UAE group concluded the transaction after …

Abu Dhabi – Mubasher: AD Ports Group  has inked a 50-year concession agreement with Pakistani federal government agency Karachi Port Trust (KPT), according to a press release  Under the deal, AD Ports and Kaheel Terminals formed a joint venture …

Abu Dhabi – Mubasher: AD Ports Group signed a 30-year concession agreement with the government of Congo to manage and operate the multipurpose New East Mole Terminal in Pointe-Noire across the Republic. Under the deal, the UAE group will have the …

UAE – Mubasher: AD Ports Group and Aramex have inked a joint venture (JV) agreement to establish and operate a new non-vessel operating common carrier (NVOCC) enterprise, according to a press release. The entity will provide NVOCC solutions to the …

Abu Dhabi – Mubasher: AD Ports Group achieved net profits attributable to the shareholders valued at AED 330.93 million in the first quarter (Q1) of 2023, an annual rise of 9% from AED 304.92 million. Revenues hit AED 1.81 billion as of 31 March …

Abu Dhabi – Mubasher: AD Ports Group intends to purchase five bulk carriers and three crude oil tankers at a combined value of AED 955 million to expand its fleet. The vessel acquisitions fall within the framework of the group’s strategic global …

Abu Dhabi – Mubasher: Maqta Gateway, the digital arm of AD Ports Group, has acquired TTEK Inc, a developer of border control solutions that is based in the island country Barbados, to endorse its market position as a leading digital trade and …

Abu Dhabi – Mubasher: AD Ports Group has completed the merger of KEZAD Communities and Al Eskan Al Jamae LLC (EAJ), according to a press release. The merger led to the formation of Abu Dhabi’s biggest integrated staff accommodation company, in …

Abu Dhabi – Mubasher: Nasdaq-listed biotechnology firm Celularity has entered into an exclusive distribution agreement with AD Ports Logistics (ADPL), a subsidiary of AD Ports Group's Logistics Cluster, according to a press release. The UAE group …

Mubasher: AD Ports Group inked a 30-year concession agreement, two 15-year contracts, a memorandum of understanding (MoU), and three heads of terms (HoT) to foster its activities across Egypt, according to a press release. The deals will expand …

Abu Dhabi – Mubasher: AD Ports Group and SEG ENERA Group have established a new joint venture (JV) called ADL-Ulanish to foster logistics services across Uzbekistan, according to a press release. The new entity will leverage AD Ports' expertise in …