AD Ports Group

The $835m acquisition of Brazilian port operator CLI marks AD Ports Group’s first strategic entry into South America

Revenue rose 47 per cent to Dhs7.08bn, supported by maritime, logistics and economic zone operations

São Paulo-based CLI operates two major agri-bulk export terminals under long-term concessions

The initiative will focus on building an advanced decision-support system powered by stochastic models and spatial intelligence

AD Ports Group and DP World say operations continue as usual, with enhanced safety measures in place

Proceeds from the transaction will be used to reduce debt and redeploy capital into higher-returning projects, the company said

The project signed with Mira Developments will include one of the region’s largest shopping malls, a business complex, hotels, world-class golf courses and educational institutions

Once completed in Q1 2027, the terminal will increase container capacity from 25,000 TEUs to 350,000 TEUs, while Ro-Ro volumes are expected to exceed 40,000 vehicles

MD and group CEO Captain Mohamed Juma Al Shamisi said the company’s five-cluster business model continued to deliver sustainable growth despite macroeconomic and geopolitical challenges

AD Ports Group has pledged investments of over $775m in Kazakhstan and is working on several initiatives including a grain terminal and a multipurpose terminal at Kuryk Port