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
AD Ports Group will oversee the development, construction, financing, operation, and management of the industrial zone in phases
The CMA CGM Group operates 60 port terminals across 30 countries, supporting Central and West African supply chains through its fleet and infrastructure
Marsa Zayed is a large-scale project designed to convert a 320-hectare (3.2 million square metres) stretch of Red Sea coastline into a major tourism and business hub
AD Ports Group’s expansion into Angola follows the signing of a 2023 framework agreement between the company and the Angolan government
AD Ports Group will collaborate with HCMLT to explore the development, management, and operation of a 1.1 square kilometre integrated logistics area at Alexandria Port
AD Ports Group continued its focus on digital transformation in 2024 with the acquisition of a 60 per cent equity stake in Dubai Technologies
This year, AD Ports Group entered Drewry International’s rankings of the world’s 20 largest container port operators and achieved 40th place in Lloyd’s List Top 100 global rankings
The Noatum Ports – Safaga Terminal project is expected to play a pivotal role in Egypt’s maritime infrastructure development
AD Ports Group reported a revenue of Dhs4.66bn, up 10 per cent year-on-year, for the third quarter of the year
The partnership will focus on developing and commercialising AI and data analytics solutions for the trade of goods in the maritime sector
Autoterminal Khalifa Port is strategically positioned, hosting three of the world’s top five container shipping lines
The new facilities will give the group the flexibility to time its return to the debt capital markets in line with its stated strategy to utilise bonds as the predominant long-term funding vehicle
The equipment will be deployed at its terminal projects in Pointe Noire, Republic of the Congo, and Luanda, Angola
The logistics firm plans to expand the service by increasing the number of weekly departures between Khalifa Port and Fujairah Terminals, depending on demand
The ranking is based on container throughput, an industry metric, with AD Ports Group reporting a 13 per cent YoY rise to 4.91 million TEUs in 2023
The state-of-the-art, rail-linked, and custom-bonded intermodal logistics hub in Georgia is scheduled to begin operations in October
AD Ports Group’s revenue more than doubled YoY to Dhs4.18bn in Q2, with the number touching Dhs8.06bn for H1, a 108 per cent YoY increase
The agreement, which includes a total investment of $4.7m over the next 15 years, aims to make the terminals operational by 2025
The government-backed entities seek to leverage the emirate’s strategic location, lucrative investment opportunities and advanced logistics capabilities
The container terminal has an annual container capacity of 1 million TEUs
The chemical compound is a promising alternative to fossil fuels in industries where decarbonisation is challenging
The new entity will serve as a port and liner agency, offering a comprehensive suite of maritime services tailored to meet the diverse needs of clients
The partnership between AD Ports Group and the Chittagong Port Authority is poised to further strengthen economic cooperation
The solution is expected to be a great addition to Maqta Gateway’s in-house single window offering for ports’ digitalisation
Karachi Gateway Terminal Multipurpose, a joint venture between AD Ports and Kaheel Terminal, will take over East Wharf’s existing operations as part of the deal