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AD Ports completes merger

AD Ports completes merger of KEZAD Communities and Al Eskan Al Jamae

The merger has created Abu Dhabi’s largest integrated staff accommodation company

Berbera Port

DP World expands offering at Berbera Port with new edible oil terminal

The initial phase of the terminal is fully leased to Mzahim Investment, a subsidiary of Essa Al Ghurair Investments of the UAE

DP World Logistics Container

DP World’s investments top $10bn in past decade

The company’s investments in 2022 totalled $320m despite slowing demand for logistics services due to the global economic challenges

AD Ports partners with Egypt’s SCZone

AD Ports, Suez Canal Economic Zone partner to develop projects in Egypt

The ports operator will develop projects in the ports of East Port Said, West Port Said and Al Areesh

dubuy.com welcomes Al Naboodah Group Photo DP World

Al Naboodah Group joins DP World’s DUBUY.com

The new partnership will accelerate Al Naboodah Group’s business-to-business trade, providing visibility of its products at the click of a button

logistics sector

Is Saudi Arabia’s logistics sector future-ready?

The kingdom is exercising concerted efforts to infuse a digital-first approach

DP World port operations

Ports operator DP World’s revenues surge to $17.1m in 2022

The logistics firm said the broadening of strategic partnerships and monetisations of its assets in 2022 strengthened its balance sheet

AD Ports form new venture with Uzbekistan company Image courtesy Ad Ports Group media centre

AD Ports Group to drive presence in Uzbekistan logistics market via JV

AD Ports said the venture will offer a range of digital solutions to boost service integration and efficiency in Uzbekistan’s logistics market

Dubai South courtesy twitter

Dubai South, dnata to enable enhanced connectivity at cargo handling terminals

The collaboration will see the integration of Masary, an e-gate pass system by Dubai South, with dnata’s Appointment & Dock Management system

Saudi’s Mawani, Jeddah Chamber to jointly build $267m integrated logistics park

Mawani said the logistics park is expected to further boost its role as a key player in the national transportation ecosystem

Starlinks

Starlinks to launch SAR100m hybrid logistics facility in Riyadh

Located in Agility Logistics Park, the facility is equipped with over 250 autonomous robots

Etihad Cargo crosses operational performance benchmarks

Etihad Cargo crosses operational performance targets in 2022

Etihad Cargo maintained a delivered-as-promised rate of 86.6 per cent, a 2.6 per cent improvement compared to the previous year

National

National Marine Dredging Group achieves 30% growth in net profit during 2022

The group’s total assets increased to Dhs16bn, an increase of 24 per cent compared with total assets at December 31, 2021

Logistics is the key to successful UAE-India trade ties

India-UAE trade: Logistics holds the key to successful trade ties

The key to this opportunity is a seamless cross-border trade network, a dependable logistics partner, and an ecosystem that will empower SMEs to succeed

AD Ports group signs maritime deals with Angolan entities

AD Ports Group forms JV with Angola’s UNICARGAS

AD Ports Group’s new agreements in Angola, including the JV with UNICARGAS have the potential to significantly boost Angola’s maritime industry

Maersk

Dubai’s DP World and Maersk enter long-term partnership at Jebel Ali port

Maersk will deploy two of its solutions for customers moving their cargo through Jebel Ali

Saudi Arabia’s ports show 13% yoY rise in cargo handled in 2022

Saudi Arabia’s ports record 13% year-on-year rise in cargo handled in 2022

The kingdom’s trade gateways also welcomed 933,000 passengers in 2022, a 36 per cent spike from 2021 when 688,000 passengers arrived in the country

AD Ports Group reports strong growth in 2022

AD Ports Group reports strong growth, global expansion in first year as publicly listed entity

Throughout 2022, AD Ports Group has continued to build its global presence, signing agreements with port authorities and partners globally

AD Ports Group inks deals with Kazakh National Oil Company subsidiary

AD Ports Group inks deals with Kazakh National Oil Company subsidiary

The new joint venture will provide offshore services as well as crude transportation for energy companies operating in the Caspian Sea and the Black Sea

Metal park Kezad

New Metal Park breaks ground at KEZAD

Covering a total land area of 450,000 square metres, the park will have state-of-the-art facilities to support storage and handling, processing, and fabrication activities

DP World, Hassana announce $2.4bn investment in UAE

DP World, Hassana announce $2.4bn investment in UAE

Hassana will hold its economic interest in a stake of approximately 10.2 per cent in three UAE assets of DP World

AD Ports Group signs agreements with Kyrgyzstan to promote trade

AD Ports Group signs agreements with Kyrgyzstan to promote trade

Under the agreement, negotiations are under way for 300,000 sqm of land within Khalifa Economic Zone Abu Dhabi (KEZAD)

Yango Delivery launches in UAE to boost e-commerce sector

The company claims to offer traffic-proof and cost-effective deliveries at different speeds, from express to next day, for any goods from food to furniture

Sudan

AD Ports Group, Invictus Consortium sign agreement with Sudan

The agreement provides consortium the right to develop, manage and operate port and economic zone assets in Sudan

UAE President inaugurates Khalifa Port expansion project with Dhs4bn investment

Khalifa Port has grown from 2.43 square kilometre to 8.63 square kilometre, while its quay wall has been significantly extended from 2.3km to 12.5km

Africa

AD Ports Group, Africa Finance Corporation ink deal

The two organisations aim on identifying, developing and investing in ports, warehouses, maritime and logistics infrastructure projects across Africa

AD Ports Group announces merger of KEZAD communities with Al Eskan Al Jamae

The combined entity will have an equity value of approximately Dhs 7bn, positioning it as one of the largest such businesses in the UAE

AD Ports, CHEC sign deal

AD Ports Group, China Harbour Engineering Company to jointly build topside infrastructure

The agreement includes the development of the first net zero carbon administration building to be constructed for the joint venture

KEZAD Group breaks ground on noon’s 252,000 sqm fulfilment centre

KEZAD Group breaks ground on noon’s 252,000 sqm fulfilment centre

The fulfilment centre facility is being designed and developed by KEZAD Group under a build-to-suit agreement and is scheduled for delivery in 2024

Revealed: Winners of the Gulf Business Awards 2022

The awards celebrated stalwarts and companies from across the region’s business landscape