Abu Dhabi - Mubasher: The CEO of Abu Dhabi Ports said that his company is planning major expansions in the coming period.

Mohamed Juma Al Shamisi addedin an interview with CNBC Arabiya on Monday that a final decision has not yet been reached regarding an initial public offering (IPO).

The CEO previously revealed initial plans to an IPO, with Bloomberg reporting that the company is considered the step alongside other public firms in the UAE.