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The Latest Breaking News from AD Ports

Pipelines and ports: Iran war spurs Gulf infrastructure investment

Gulf nations are investing billions in infrastructure to bypass the Strait of Hormuz. Ports, pipelines, and railways are top priorities as trade routes face disruption. This strategic shift aims to future-proof economies against ongoing geopolitical challenges. New projects are emerging across the UAE and Saudi Arabia. These efforts seek to…

The Economic Times

‘Losing hope with every day that passes’: torment of the ships’ crews abandoned at sea

Thousands of seafarers are left on board their vessels in foreign waters, unpaid, with scant supplies – and no way of getting home

The Guardian - UK

RITES conducting feasibility studies on cargo volumes, missing rail links along proposed IMEC corridor: Chairman

RITES Ltd, a leading railway PSU, aims to develop the India-Middle East-Europe Economic Corridor with AD Ports Group.

The Hindu

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Egypt Signs 30-year Concession Agreement with AD Ports to Operate Safaga Port

Egypt's transport ministry signed on Saturday several agreements in maritime transport with AD Ports Group to manage, operate, and maintain the port of Safaga, and to allow for expanded access to multipurpose terminals and cruise routes in Hurghada and Sharm El Sheikh. AD Ports Group signed a 30-year concession agreement…

Asharq Al-Awsat

Sudan to Develop Red Sea Port in $6-Bln Initial Pact with Emirati Group

Sudan on Tuesday signed a preliminary agreement with a group led by the UAE's AD Ports Group and Invictus Investment to build and operate the Abu Amama port and economic zone on the Red Sea with a $6-billion investment. The project, located about 200 km (124 miles) north of Port…

Asharq Al-Awsat

AD Ports Group, SEG Sign Deals to Develop Logistics, Freight, Food Trading Infrastructure in Uzbekistan

Abu Dhabi Ports Group launched a joint venture with SEG, one of Uzbekistan's largest oil and gas companies, to open new logistics and freight businesses. They also signed a Memorandum of Understanding (MoU) to develop a food trading hub in Uzbekistan. During a ceremony in Tashkent, the two companies signed…

Asharq Al-Awsat

Abu Dhabi’s AD Ports Eyes Trade Routes, Acquisitions

Abu Dhabi's AD Ports Group (ADPORTS.AD) plans to develop extensive trade corridors connecting the United Arab Emirates, with the Middle East, the subcontinent, Africa and elsewhere, executives said on Tuesday, following its share listing. AD Ports Group, controlled by state investor ADQ, made its debut on the Abu Dhabi bourse…

Asharq Al-Awsat

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AD Ports Group Raises $1 Billion of Cash Proceeds Upon Trading Its Shares

Abu Dhabi Ports Group began trading for the first time Tuesday on Abu Dhabi’s stock exchange, following a $1.1 billion capital raise from a primary issuance ahead of its listing. The AED4 billion ($1.08 billion) of cash proceeds from this primary issuance will be used to fund the Company’s organic…

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