Abu Dhabi sovereign investor L'IMAD Holding plans to offer AED6.25 per share to acquire the remaining stake in AD Ports Group through its key subsidiary Abu Dhabi Developmental Holding (ADQ), in a deal that could take its ownership of the company to 100%. L’IMAD, through ADQ currently owns 75.42% of AD Ports Group.
SAFEEN Drydocks, a shipbuilding, repair and maintenance company, has secured two major vessel construction contracts valued at AED1.3 billion ($354 million) in total, marking the largest awards secured by SAFEEN Drydocks to date and reinforcing the UAE’s growing position as a shipbuilding hub.
AD Ports Group and IRH Global Trading have signed an MoU to explore cooperation in bunkering services and alternative marine fuels at Khalifa Port, including Liquefied Natural Gas (LNG), biofuels and methanol development.
AD Ports Group has announced that it has signed an agreement with IRH Global Trading, a strategic commodities trading company with interests across the mining and energy sectors, to explore strategic co-operation in bunkering services and alternative marine fuels at Khalifa Port in Abu Dhabi.
AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, and Emirates Global Aluminium (EGA), the largest premium aluminium producer in the world, have signed an agreement to enhance EGA’s dedicated berth at Khalifa Port.
AD Ports Group has announced that it has acquired an additional 30% equity stake valued at AED1.1 billion ($300 million) in one of its most strategic assets, Global Feeder Shipping (GFS), the world’s fourth-largest container feeder shipping line by capacity, thus raising its holding to 81%.
AD Ports Group, a leading global enabler of trade, industry and logistics solutions, has announced the launch of its AI-driven business intelligence headquarters IHQ, a group-wide platform employing thousands of digital workers embedding AI across 20 global workstreams.
AD Ports Group has announced that it has acquired Brazil’s leading independent agri-bulk port terminal operator Corredor Logística e Infraestrutura (CLI) at an enterprise value of AED3.1 billion ($835 million). This CLI deal gives AD Ports Group an entry point into Latin America.
AD Ports Group, a leading global enabler of trade, industry, and logistics solutions, has launched integrated logistics services connecting Khalifa Port with Umm Qasr Port in Iraq, reinforcing the group’s commitment to enhancing regional connectivity and supporting existing trade corridors.
AD Ports Group, a leading global enabler of integrated trade, logistics, and industry, has announced that Al Faya Dry Port has been assigned UN/LOCODE (AEALF) by the United Nations Economic Commission for Europe (UNECE).
