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AD Ports completes restructuring of Noatum Group assets

AD Ports Group has announced the completion of a major restructuring in its corporate history, integrating the assets of the recently acquired Noatum Group...

AD Ports Group secures US$2 billion refinancing deal

AD Ports Group has successfully refinanced and expanded its existing Revolving Credit Facility (RCF) from US$1 billion to US$2.125 billion, available in both AED...

AD Ports appoints Hassan Allam Construction to build Safaga Terminal

AD Ports Group has announced the appointment of Hassan Allam Construction, the flagship subsidiary of Hassan Allam Holding and a leading contractor in Egypt...

AD Ports Group earns A1 credit rating from Moody’s

Global credit rating agency Moody's has assigned AD Ports Group an initial A1 credit rating with a stable outlook. This rating highlights the Group’s...

Maqta Gateway unveils rebrand

AD Ports Group, a global leader in trade, logistics, and industry, has announced the rebranding of Maqta Gateway to Maqta Technologies Group. This transformation reflects...

What lies behind AD Ports Group’s investment in Egypt?

AD Ports Group has entered into a framework agreement with the Egyptian government to investigate the possibility of employing a Build-Operate-Transfer (BOT) model for...

AD Ports and Egypt to develop industrial zone in East Port Said

AD Ports Group announced the signing of a framework agreement with the Egyptian government to explore the Build-Operate-Transfer (BOT) process of an economic zone...

AD Ports Group surpasses US$1.2 billion in record-high quarterly revenue

In the third quarter of 2024, AD Ports Group reported a total revenue of US$1.2 billion, marking a 10% year-over-year (YoY) increase. The record-high revenue...

AD Ports Group and Government of Pakistan sign four MoUs

UAE's AD Ports Group has signed four Memorandums of Understanding (MoUs) with the Government of Pakistan to explore collaboration opportunities across maritime, air, rail...

AD Ports launches eco-friendly unmanned survey vessel

SAFEEN Subsea, part of AD Ports Group’s Maritime & Shipping Cluster, has introduced SAFEEN Green, an advanced unmanned surface vessel (USV) engineered to transform...
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Port of Long Beach appoints new managing director of engineering services

The Port of Long Beach has appointed Suzanne Plezia, P.E., as its new Managing Director of Engineering Services, succeeding Sean Gamette, P.E., who announced...

DP World and J.P. Morgan launch partnership

DP World Trade Finance has joined forces with J.P. Morgan to enhance access to working capital across emerging markets, addressing the persistent global trade...

Red Sea shipping traffic rebounds as Houthis limit targets

Red Sea maritime traffic has increased by 60% to approximately 36–37 vessels per day since August 2024, as Reuters reported. However, it still falls short...

CMA CGM applies new surcharge from Far East to West Africa

French ocean carrier CMA CGM has announced a peak season surcharge (PSS) for shipments from Northeast Asia, Southeast Asia, China and Hong Kong &...
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