UAE Business: AD Ports Group exhibits 'resilience and core strength' in 2023
AD Ports Group has seen a stellar year of
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AD Ports Group has seen a stellar year of
AD Ports Group has seen a stellar year of intelligent internationalisation entering new markets and completing major acquisitions, even as it made a net profit of AED1.4 billion ($380 million) in 2023.
AD Ports revenue up by 112% year-on-year to AED 11.7 billion in 2023
In a transformative year marked by unprecedented global expansion and strategic acquisitions, AD Ports Group has maintained its position as one of the world’s leading facilitators of global trade and logistics.
AD Ports Group has signed a 30-year concession agreement with Republic of the Congo to develop a multipurpose terminal within Pointe-Noire Port at a total investment of $500 million. The deal also involves the management and operation of the facility.