Mohamed Juma Al Shamisi | Gulf Business

46. Mohamed Juma Al Shamisi

Managing Director And CEO, AD Ports Group

Origin: UAE

Residence: UAE

Sector: Logistics

2023 Rank: 47

AD Ports Group had a successful IPO on the Abu Dhabi Exchange in 2022. And earlier this year, the company reported stellar financial results as it continues to bolster its strength in the logistics sector. For the 12 months ended December 31, 2023, the group’s revenues more than doubled year-on-year to Dhs 11.68bn. Operationally, the group’s ports cluster saw container throughput grow to 4.91 million twenty-foot equivalent units (TEUs) in 2023, marking a 13 per cent year on year rise. Its general cargo volumes also rose by 26 per cent over the year to top 40 million tonnes in 2023, compared with 31.7 million tonnes in 2022. Its cruise passenger volumes soared 183 per cent last year.

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