Home UAE Abu Dhabi Rorix Holdings, Adani Ports ink MoU, target commodities market ecosystem The partnership aims to enhance transparency, efficiency and security within the commodities market, benefitting stakeholders across the globe by Gulf Business September 20, 2024 Image: Getty Images/ For illustrative purposes Rorix Holdings, an Abu Dhabi-based global trade facilitation and finance firm, has signed a Memorandum of Understanding (MoU) with Adani Ports and Special Economic Zone Limited (APSEZ), India’s largest private multi-port operator. The MoU, signed during the UAE-India Business Forum, aims to integrate advanced technologies into both companies’ logistics and trading platforms to overhaul the commodities market ecosystem. Dr Thani bin Ahmed Al Zeyoudi, executive chairman of Rorix Holdings, hailed the partnership as a step toward innovation in the commodities sector. Rorix Holdings and Adani Ports to leverage strengths “By combining our expertise in regulated financial platforms with Adani Ports’ capabilities in logistics and port management, we aim to revolutionise how commodities are traded, stored, and managed,” Dr Al Zeyoudi said. Karan Adani, MD of APSEZ, described the collaboration as an opportunity to reshape the global commodities trade landscape. “This partnership leverages next-generation technologies and underscores our ambition to be one of the largest integrated logistics infrastructure companies worldwide,” he added. The partnership aims to enhance transparency, efficiency, and security within the commodities market, benefiting stakeholders across the globe. Read: IHC’s new firm Rorix Holdings to accelerate trade Tags Adani Ports commodities trading India Roriz Holdings UAE You might also like OKX shakes up Dubai’s crypto scene with new exchange UAE seals bilateral trade talks with Malaysia Telecom giant du revamps b2b portfolio, unveils new sub-brands UAE-Oman Hafeet Rail secures $1.5bn financing facility