CAIRO: AD Ports Group and the General Authority for Suez Canal Economic Zone (SCZONE) have signed a 50-year renewable usufruct agreement to develop and operate a 20-square-kilometer industrial and logistics park near Port Said on Egypt’s Mediterranean coast. The agreement, witnessed by Egyptian Prime Minister Mostafa Madbouly and high-ranking UAE and Egyptian officials, positions East Port Said Industrial…
Abu Dhabi, UAE: AD Ports Group, a leading provider of trade digitalisation solutions, has acquired a majority stake in Dubai Technologies, a developer of intelligent ports and transportation platforms. The deal will enhance AD Ports Group’s digital trade portfolio and capabilities, as well as create cost synergies and new opportunities for international expansion. Dubai Technologies’…
ABU DHABI: AD Ports Group, a global leader in trade, logistics and industry, has signed a shareholders’ agreement with the Aqaba Development Corporation (ADC) to launch Maqta Ayla, a joint venture company that will implement a Port Community System (PCS) in Aqaba’s ports. The PCS will streamline communications and transactions between the port stakeholders, improve…
ABU DHABI, UAE: Fertiglobe, a joint venture between ADNOC and OCI Global, is the world’s biggest exporter and producer of urea and ammonia, which are used as fertilizers. It also makes green ammonia, which is a clean fuel. Fertiglobe has signed an agreement with AD Ports Group, a company that manages ports and logistics in…
ABU DHABI, UAE: AD Ports Group and the Red Sea Ports Authority have signed a Term Sheet and a Head of Terms agreement for major port projects along the coast of Egypt. The first agreement will see AD Ports Group develop, operate, and manage a multipurpose terminal in Safaga seaport in a consortium with the…
ABU DHABI, UAE: AD Ports Group signed an agreement with Metal Park Investment ME LTD to establish an integrated metal hub in KIZAD that will cater to all industry verticals and offer flexibilities of scale to metal vendors, processors, and fabricators in the UAE. Covering a total land area of 450,000 sqm, the future upcoming…