Browsing: AD Ports

In a significant move to bolster trade routes and economic ties between the Middle East and Africa, Abu Dhabi’s AD Ports Group has teamed up with Adani International Port Holding and East Harbour Terminals to acquire a substantial 95% stake in Tanzania International Container Terminal Services (TICTS).

AD Ports Group and Africa Finance Corporation will work together to identify promising infrastructure projects in Africa.

AD Ports and Hong Kong operator and port investor Hutchison Ports will work together to expand operations across the GCC, Asia and Africa.

AD Ports gains 70% stake in two Egyptian maritime companies for USD 140 million in the company’s first international acquisition.

AD Ports Group has signed an agreement with the Egyptian Group for Multipurpose Terminals to develop Egyptian ports.